Property with potential for sale by AUCTION Tuesday 7th April 2020 33 LOTS Commencing at 2pm prompt
at the Platinum Suite Sheffield United Football Club Bramall Lane Sheffield
0114 276 0151 www.markjenkinson.co.uk www.markjenkinson.co.uk 1 Have you a property suitable for auction?
MJS Auctions are market leaders in Sheffield and South Yorkshire. If you would like to be part of our success and have a property suitable to be sold by auction we would be very happy to hear from you. The Auction dates for 2020 can be found on the facing page – the deadline for entries is strict so please contact us a week or so beforehand to allow plenty of time for preparing your property for sale. The most suitable properties for auction include:
• Houses requiring complete or partial • Student investment property modernisation • Commercial investments • Houses with sitting tenants • Properties with structural problems • Individual houses of character • Stabling and land for grazing • Building plots or development sites • Unusual buildings for redevelopment • Ground rent portfolios
JOINT AGENCIES WELCOME If the property you are selling is currently on the market with an Agent we are always happy to act jointly. If you would like an indication as to how much the property will sell for at auction send a copy of the current Agent’s brochure with your name, address and telephone number for a quotation.
Contact Adrian Little FRICS FNAVA [email protected] | 0114 276 0151 The Venue Sheffield and South Yorkshire’s Leading Auctioneers
Platinum Suite, A61 J36 M1 NORTH A57 A57 M1 NORTH Sheffield United Football Club, OR SOUTH J33 The THIRD Property with SHEFFIELD CITY Bramall Lane, Sheffield AIRPORT
PONDS FORGE S2 4SY INTERNATIONAL Potential AUCTION of 2020 SPORTS CENTRE Ample free car parking from Cherry Street Entrance A61 Tuesday 7th April SHEAF ST MIDLAND RAILWAY STATION At 2pm prompt at The Platinum Suite, A57 Sheffield United Football Club, Bramall Lane, Sheffield
SHOREHAM ST Y’S ST MAR ROAD A625 AD 33 lots including:
H AD ECCLESALL RO CHURC • Vacant Houses for Modernisation B6388
SUPERMARKET A621 JOHN STREET TREET • Student Investment Property L QUEENS RO ONDON RO SUFC
• Commercial Ground Rents BRAMALL LANE LANE BRAMALL Y ST SHOREHAM S CHERR AD • Building Plot and Development Opportunities HOTEL AD WOODHEADRO • Residential & Commercial Investments • Barn for Conversion
A621 AD Properties located in and around: ALE RO Sheffield, Rotherham, Barnsley, Pontefract, Hull, Creswell & ABBEYD Platinum Suite Entrance A621 A61 J29 CHESTERFIELD Stocksbridge
Acting on behalf of and in conjunction with:
(Subject to conditions of sale and unless sold beforehand) Auctioneer: Adrian W Little FRICS FNAVA 2019 auction results 8 auctions, 283 Lots, 247 sold for £32 million – 87% success rate Next auction: Tuesday 19th May – Deadline Friday 17th April Auction dates for 2020 28 JANUARY 19 MAY 20 OCTOBER 19 of 24 lots sold for Deadline 17 April Deadline 18 September £2m 80% success rate 25 FEBRUARY 15 JULY 1 DECEMBER 28 of 30 Lots sold for Deadline 12 June Deadline 30 October £3.96m 94% success rate 7 APRIL 1 SEPTEMBER 33 Lots Deadline 31 July
www.markjenkinson.co.uk 3 Important information for bidders
Money Laundering Regulations
We have in place procedures and controls which are designed to Agency for the purpose of verifying your identity only. To do so, the forestall and prevent Money Laundering. If we suspect that a supplier, Credit reference Agency may check the details we supply against any customer / client, or employee is committing a Money Laundering particulars on any database (public or otherwise) to which they have offence as defined by the Proceeds of Crime Act 2002 we will in access. They may also use your details in the future to assist other accordance with our legal responsibilities disclose the suspicion to companies for verification purposes. A record of the search will be the National Criminal Intelligence Service. If you are the successful retained. purchaser, we will undertake a search with a Credit Reference
Auction Procedure – always seek legal advice before buying
BEFORE THE AUCTION Registration of Interest – If you are The Deposit – The amount of the deposit interested in a particular property, we advise required in each case will be stated in the Conditions Of Sale – All properties in this you to register your interest with us as soon Conditions of Sale and will usually be 10% catalogue are sold subject to the Conditions as possible. We can then make you aware of subject to a minimum of £1,500. Payment of Sale printed in this catalogue together any alterations and, if requested, inform you must be made at the saleroom by either with the special conditions relating to each when the legal documentation is received. cheque, bankers draft or card. Failure to do individual lot. These, together with any related The easiest way to do this is to register for the so may lead to lot being re-offered. Deposit documentation, will be available via our legal pack. payments in cash will not be accepted. All website prior to the sale. Interested parties cheques are banked immediately after the are deemed to buy in full knowledge of these Pre-Auction Offers – We anticipate that auction and you must ensure that you have whether or not they have actually inspected the lots in this catalogue will be offered, as adequate funds in your account. It should also the conditions. We recommend inspecting the advertised, on the day of the sale. There may be noted that some auction contracts also legal documents once they are available and be circumstances where the acceptance of have a provision for payment of the vendor’s avoid leaving it until auction day. The auction an offer prior to auction may be considered. fees and your attention is drawn to the packs will only be available for inspection at However, only unconditional offers will be paragraph on the following page. the sale room 12.30–1.30 pm submitted, ie those which are not subject to mortgage, survey, searches, etc. Pre-auction Buyer’s Administration Fee – Please note Ordnance Survey Plans – Ordnance offers should be submitted in writing using the there is an administration fee of £750 including survey extracts crown copyright 2003. All form on our website. VAT payable on each lot. rights reserved. Licence no. 10020449. Survey scale 1:250,000. Plotted scale 1:1250. Telephone / Proxy Bids – We advise that Completion Dates – The completion date Boundaries are shown for identification only you attend the auction in person if you are for each lot can vary, and you are advised and should not be taken as definitive. bidding for a particular lot. If however you are to check the Conditions of Sale prior to the unable to come to the sale or have someone auction. Tenure Details – It is not always possible bid on your behalf, you may choose to bid by to provide tenure details relating to each lot at proxy or by telephone. The appropriate form Keys – Keys to auction lots will not the time the catalogue is printed. Where we together with the deposit requirements will be released at any time without prior have written confirmation from the vendor’s either be printed at the end of the catalogue or arrangement. Once we have notification from solicitor we will provide details. In the absence will be available via our website the vendor’s solicitor that completion has of written confirmation the tenure details will taken place, the keys to the property will be be omitted from the catalogue but, details will Alterations – Should any of the properties made available for collection at our offices. be included in the Conditions of Sale which mentioned in this catalogue be withdrawn To avoid unnecessary delay we recommend will be available on our website and in our from sale or if any alterations arise, details will contacting us in advance to make the office for the days leading up to the auction. be included on our website on the same day. appropriate arrangements for collection. An addendum sheet will also be distributed Viewing Auction Property – Details of prior to the auction and alterations will be Unsold Lots – Enquiries for unsold lots are appropriate viewing arrangements are included referred to by the auctioneer prior to each welcome after the sale when unconditional with each lot in the catalogue. In the cases particular lot. offers will be considered. In many cases of severe weather we recommend checking properties are sold immediately after the with the office to ensure that viewings are still AT AND AFTER THE AUCTION auction is finished and if you are interested being held. Viewing times will begin and end please see the auction staff at the saleroom promptly as stated and your co-operation is Auction Procedure – If you are the appreciated. Some of the properties offered successful bidder, a member of the auction for sale by auction each month are in a poor team will approach you with a simple form. You state of repair and in some cases hazardous. will be asked to provide your name, address Interested parties are reminded to exercise and telephone number and if you are bidding caution whilst viewing. on behalf of somebody else we will need the details of that person or company. We will also Surveys – If you wish to have a survey request the name and address of the solicitor carried out on the property prior to the auction acting on your behalf. The vendor’s solicitor please refer your surveyor to us as soon as will usually be present at the sale room and possible and appropriate arrangements will be will oversee the signing of the contract either made. We cannot always accommodate last straight away or at the end of the auction minute requests. should you wish to bid on another property.
4 www.markjenkinson.co.uk Legal documents and additional fees Why it is important to look at the online legal pack
All properties in this catalogue will be offered subject to the General and Special Conditions of sale prepared by the seller’s legal representative. You are strongly advised to inspect the online legal pack via our website and where necessary, take independent advice. In registering for the legal pack you will also indicate your interest in that particular lot and we will be able to communicate in the event of any changes.
Additional fees to be Guide prices paid by the buyer and Reserves This catalogue is usually printed ahead of the legal pack Guide price definition and we are unable to confirm any additional fees outlined An indication as to the seller’s current minimum in the Special Conditions of sale at the time of going to acceptable price at auction. The guide price or range of print. guide prices is given to assist consumers in deciding We strongly advise checking for – whether or not to pursue a purchase. It is usual, but not Auctioneer’s administration fee – The amount of £750 always the case that a provisional reserve range is agreed including VAT is payable in all instances, whether buying between the seller and the auctioneer at the start of before, at or after the auction marketing.
Local Authority fees – it is common practice for Council As the reserve is not fixed at this stage and can be clients to make an additional % charge to cover their legal, adjusted by the seller at any time up to the day of the surveyors and selling fees. Amounts do vary. auction in light of interest shown during the marketing period, a guide price is issued. This guide price can be Search Fees – some solicitors will reclaim the cost of shown in the form of a minimum or maximum price range carrying out searches from the buyer within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the VAT – Some commercial properties will be subject to minimum acceptable price (reserve) would fall. Value Added Tax at 20% A guide price is different to a reserve price (see separate Stamp Duty – This will vary, not only with the amount definition) Both the guide price and the reserve price can paid for the property but with the circumstances of the be subject to change up to and including the day of the buyer and the property’s intended use. auction. Rent arrears – in the case of investment properties, the buyer may be responsible for the payment of any outstanding rent. Reserve Price Definition The seller’s minimum acceptable price at auction and the Contributions to the seller’s legal and/or auctioneer’s figure below which the auctioneer cannot sell. The reserve costs. price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve can and may be subject to change up to and including the day of the auction.
Catalogue Production: www.thearkdesign.co.uk
www.markjenkinson.co.uk 5 February Auction Results LOT 1 SOLD £70,000 28 of 30 Lots sold for £3.96 million – 94% success rate
1 50 BISHOP HILL £70,000 2 92 SACKVILLE ROAD £152,000 3 98 LLOYD STREET £41,500 4 38 WADE STREET £39,000 5 FIRSHILL MEWS, FLAT 15, 555 PITSMOOR ROAD £44,500 LOT 8 6 LAND TO REAR OF PRINCESS GROVE £13,000 7 LAND OFF EDMUNDS ROAD £57,000 SOLD £100,000 8 13 BRAILSFORD STREET £100,000 9 16 COTLEIGH DRIVE £116,500 10 176A & B OAKBROOK ROAD £243,000 11 67 OAKWELL VALE £55,000 12 21 CHURCH STREET £65,500 14 14 BARKLY AVENUE £64,000 15 5 BRINSWORTH ROAD £49,000 LOT 10 16 17 WHITE THORNS CLOSE £60,500 17 WOODLAND DRIVE GARAGE SITE, WOODLAND DRIVE £234,000 SOLD £243,000 18 PRINCESS DRIVE CAR PARK WITHDRAWN PRIOR 19 LAND OFF OAK ROAD £95,000 20 LAND AT HOLLY BUSH DRIVE £75,000 21 171 WHITHAM ROAD WITHDRAWN 22 FORMER COMMUNITY CENTRE, TOFTS ROAD £311,000 23 2, 4 & 6 CLARENCE ROAD £285,000 24 30 RAMSDEN ROAD £85,000 LOT 17 25 94 PARK AVENUE SOLD AFTER AUCTION 26 ROTHERHILL, 159 DONCASTER ROAD £330,000 SOLD £234,000 27 12 STALKER LEES ROAD AVAILABLE 28 27 STATION ROAD £131,000 29 MOORSWAY, HATHERSAGE ROAD £445,000 30 INDUSTRIAL GROUND LEASE, 1 BARMSTON STREET £339,000 31 LAND OFF ACORN WAY £70,000 32 THE MANOR HOUSE, HIGH STREET SOLD PRIOR TO AUCTION LOT 22 SOLD £311,000
LOT 23 SOLD £285,000
Enquiries are welcome for the unsold lots – contact: Adrian Little ([email protected])
LOT 24 LOT 2026 LOT 2920 LOT 30 SOLD £85,000 SOLD £330,000 SOLD £445,000 SOLD £339,000
6 www.markjenkinson.co.uk PRELIMINARY ANNOUNCEMENT TO BE OFFERED FOR SALE IN OUR 19TH MAY AUCTION: Woodhead Hall Farm, Platts Common, Barnsley, S74 9SX
• Striking Grade II Listed residence with range of out-buildings set in 3.65 acres. Guide Price £650,000 plus
Enquiries to [email protected] Order of sale 33 Lots Commencing at 2pm prompt
1 42 ROSCOE MOUNT STANNINGTON SHEFFIELD VACANT HOUSE 2 46 BADGER CLOSE WOODHOUSE SHEFFIELD VACANT HOUSE 3 26 NORTHGATE SOUTH KIRKBY PONTEFRACT VACANT HOUSE 4 39 OAKWELL VALE S71 BARNSLEY RESIDENTIAL INVESTMENT 5 26 QUEEN STREET GOLDTHORPE ROTHERHAM VACANT HOUSE 6 45 RYTON ROAD NORTH ANSTON ROTHERHAM VACANT HOUSE 7 92 WAKE ROAD NETHER EDGE SHEFFIELD RESIDENTIAL INVESTMENT 8 7 DENHAM ROAD S11 SHEFFIELD RESIDENTIAL INVESTMENT 9 17/17A BROOM STREET BROOMHALL SHEFFIELD RESIDENTIAL INVESTMENT 10 FLAT 2, 79 WILLIAM STREET BROOMHALL SHEFFIELD RESIDENTIAL INVESTMENT 11 12 KAYE PLACE S10 SHEFFIELD RESIDENTIAL INVESTMENT 12 151 RINGINGLOW ROAD S11 SHEFFIELD VACANT HOUSE 13 17 & 17A DONCASTER ROAD WATH UPON DEARNE ROTHERHAM COMMERCIAL/RESIDENTIAL INVESTMENT 14 82A & B REGENT STREET KIMBERWORTH ROTHERHAM RESIDENTIAL INVESTMENT 15 CORONATION HOUSE, MUGLET LANE MALTBY ROTHERHAM VACANT FLATS 17 29 HAZELBY ROAD CRESWELL WORKSOP VACANT HOUSE 18 60 JAMESON STREET HU1 HULL GROUND RENT 19 100 PEEL STREET HU3 HULL FREEHOLD REVERSION 20 PREMISES TO REAR OF 4 MARKET PLACE DN17 SCUNTHORPE VACANT PREMISES 21 LAND ADJOINING 2 LINDEN CRESCENT STOCKSBRIDGE SHEFFIELD BUILDING PLOT 22 108 CLOUGH STREET S61 ROTHERHAM VACANT HOUSE 23 22 COLLEGE STREET S65 ROTHERHAM COMMERCIAL INVESTMENT 24 100 RANDALL STREET S2 SHEFFIELD VACANT COMMERCIAL 25 JOYS HALL, MILL LANE SOUTH KIRKBY PONTEFRACT VACANT PREMISES 26 25 KHARTOUM ROAD S11 SHEFFIELD RESIDENTIAL INVESTMENT 27 THE DURHAM OX, CRICKET INN ROAD S2 SHEFFIELD DEVELOPMENT OPPORTUNITY 28 42 STATION ROAD BOLTON UPON DEARNE ROTHERHAM VACANT HOUSE 29 FLAT 4, 22 HAYES DRIVE HALFWAY SHEFFIELD VACANT FLAT 30 290-296 SOUTH ROAD WALKLEY SHEFFIELD COMMERCIAL INVESTMENT 31 BARN ADJOINING 37 NETHERGATE STANNINGTON SHEFFIELD DEVELOPMENT OPPORTUNITY 32 73 ROSAMOND AVENUE BRADWAY SHEFFIELD VACANT HOUSE 33 YEW TREES, 9 VICTOR ROAD, OFF DORE ROAD DORE SHEFFIELD VACANT HOUSE 34 331 MILLHOUSES LANE MILLHOUSES SHEFFIELD VACANT HOUSE & LAND
Next auction Tuesday 19th May Deadline Friday 17th April
Contact [email protected]
8 www.markjenkinson.co.uk TUESDAY 7 APRIL 2020 COMMENCING 2PM PROMPT
LOT 42 Roscoe Mount, Stannington, Sheffield, South Yorkshire S6 5PG 1 GUIDE PRICE £58,000 PLUS* | VACANT HOUSE
• Three bedroom town house • In need of considerable modernisation • Popular location • Views to the rear towards Rivelin Valley • uPVC double glazing • Potential for owner occupation or investment
Ground Floor VIEWING Entrance Mondays 16th,23rd,30th March & 6th April at 9.30am prompt Lower Ground Floor Thursdays 19th,26th March & 2nd Living Room 6.60m x 3.20m April at 9.30am prompt Kitchen 3.27m x 3.22m SOLICITORS First Floor Switalskis Ltd, Cranbourne House Landing 36 Gracious Street, Knaresborough Bathroom/ WC HG5 8DS Rear Bedroom One 4.22m x 2.89m with built in wardrobe & view of Rivelin Valley Bedroom Two 3.50m x 2.30m Front Bedroom Three 3.03m x 3.28m
EPC Rating A full copy of the EPC will be available to view via our website
LOT 46 Badger Close, Woodhouse, Sheffield, South Yorkshire S13 7TG 2 GUIDE PRICE £60,000–£70,000* | VACANT HOUSE
• Spacious three bedroom town house • Front conservatory • Gated driveway • uPVC double glazing & gas central heating • Large lounge/dining room, kitchen & utility room • Requires cosmetic improvement • Potential for owner occupation or investment
Ground Floor EPC Rating Conservatory 3.46m x 2.59m A full copy of the EPC will be Lounge/Dining Room 6.64m x available to view via our website 3.31m Kitchen 3.28m x 3.24m VIEWING Inner Hallway 3.29m x 1.77m Mondays 16th,23rd,30th March & Meter Cupboard 6th April at 10.30am prompt Under Stairs Store Thursdays 19th,26th March & 2nd Cloakroom/WC 1.40m x 1.39m April at 10.30am prompt Utility Room 2.26m x 2.81m with rear door SOLICITORS Switalskis Ltd, Cranbourne House First Floor 36 Gracious Street, Knaresborough Landing HG5 8DS Bedroom One 3.31 x 363m Bedroom Two 3.31m x 2.94m Bedroom Three 2.98m x 2.37m Shower Room/WC 2.81m x 1.40m with white suite
Outside Front Gated Driveway with Patio Area Small Rear yard area
www.markjenkinson.co.uk 9 *SEE PAGE 5 FOR INFORMATION ON GUIDE/RESERVE PRICE DEFINITIONS AND ANY ADDITIONAL FEES.
LOT 26 Northgate, South Hiendly, West Yorkshire S72 9AF 3 GUIDE PRICE £38,000 PLUS* | VACANT HOUSE
• Good size three bedroom end of terrace • In need of general modernisation • Enclosed front garden • Two reception rooms & kitchen • Three first floor bedrooms & bathroom • Popular location • Of interest to builders & investors
Ground Floor EPC Rating Sitting Room 4.03m x 4.93m A full copy of the EPC will be Dining Room 3.98m x 2.28m available to view via our website Under Stairs Store Kitchen 2.28m x 1.81m VIEWING Mondays 16th,23rd,30th March at First Floor 10am prompt Landing Wednesdays 18th,25th March & 1st Bedroom One 3.35m x 2.48m April at 10am prompt Bedroom Two 2.41m x 2.37m Bedroom Three 3.00m x 3.07m SOLICITORS Bathroom/WC 2.37m x 1.84m P D R Property Lawyers, 5 Market Street, Peterborough PE7 1BA Outside Enclosed front garden and Rear Yard LOT 39 Oakwell Vale, Barnsley, South Yorkshire S71 1DU 4 GUIDE PRICE £50,000* | RESIDENTIAL INVESTMENT
• Two bedroom ground floor flat • Established shorthold tenancy – £350pcm (£4,200pa) • Modern development close to Barnsley town centre • Car Parking space • Useful investment income • Potential for rental increase
Accommodation EPC Rating B Hallway A full copy of the EPC will be Living Room/Kitchen available to view via our website 2 Bedrooms Bathroom/WC VIEWING Strictly by appointment with the Outside auctioneers 0114 2760151 Car Parking Space SOLICITORS Tenancy Weightmans LLP, Westgate Point 30 The joint tenant is understood Westgate, Leeds LS1 2AX to have been in occupation for approximately 7 years by way of an JOINT AUCTIONEERS Assured Shorthold Tenancy, dated Avison Young 17th May 2017 at £350pcm ON INSTRUCTIONS FROM A D FOSTER AND C WALKER ACTING AS JOINT FIXED CHARGE RECEIVERS LOT 26 Queen Street, Goldthorpe, Rotherham, South Yorkshire S63 9ND 5 GUIDE PRICE £20,000* | VACANT HOUSE
• Two bedroom inner terrace • Ground floor lounge and kitchen • Rear offshot bathroom • Two first floor bedrooms • Rear yard and out-building • In need of full refurbishment throughout
Ground Floor EPC Rating D Lounge 3.97m x 4.35m A full copy of the EPC will be Kitchen 2.81m x 3.05m available to view via our website Rear Entrance 2.5m x 0.8m Bathroom 2.5m x 1.73m VIEWING Strictly by appointment with the First Floor auctioneers 0114 2760151 Bedroom One 3.20m x 3.97m Bedroom Two 2.70m x 3.05m SOLICITORS Wosskow Brown Solicitors LLP, 656 Outside Chesterfield Road, Sheffield S8 0SB Frontage onto Queen Street Rear yard with outbuilding leading to alley
10 www.markjenkinson.co.uk TUESDAY 7 APRIL 2020 COMMENCING 2PM PROMPT
LOT 45 Ryton Road, North Anston, Sheffield, South Yorkshire S25 4DL 6 GUIDE PRICE £75,000* | VACANT HOUSE
• Good size two bedroom semi detached house • Level plot with forecourt parking & rear garden • Backs onto playing fields to the rear • uPVC windows, tiled roof & central heating • In need of modernisation • Of interest to builders & Investors • Popular residential area
Ground Floor EPC Rating E Entrance Porch A full copy of the EPC will be Sitting Room 3.76m x 3.40m available to view via our website Inner Lobby with Under Stairs Store Dining Room 3.74m x 3.77m VIEWING Kitchen 3.93m x 2.11m Mondays 16th,23rd,30th March & 6th April at 11.15am prompt First Floor Thursdays 19th,26th March & 2nd Landing April at 11.15am prompt Front Bedroom One 3.39m x 3.77m Rear Bedroom Two 3.75m x 2.84m SOLICITORS Bathroom/WC 2.13m x 2.73m (no Ince Gordon Dadds LLP, 47 Charles bath) Street, Cardiff CF10 2GD
Outside Front Forecourt Parking Good size level rear garden backing on to park land
LOT 92 Wake Road, Nether Edge, Sheffield, South Yorkshire S7 1HG 7 GUIDE PRICE £100,000–£125,000* | RESIDENTIAL INVESTMENT
• Substantial end of terrace property • Long established conversion to three flats • All let by way of Long Term Regulated Tenancies • Rents last reviewed in October 2016 at £68.50, £61 & £74 per week each • Income £10,582pa • Gas fired central heating on all three flats
Flat One Tenancy Details Timber and glass Porch The property is let by way of a Long Ground Floor Term Regulated Tenancy at £61pw, Sitting Room last registered on 12th October 2016 Bedroom Kitchen Flat Four First Floor Second Floor Bathroom Landing Separate WC Shower Room WC Tenancy Details Living Room The property is let by way of a Bedroom Long Term Regulated Tenancy at Kitchen £68.50pw, last registered on 12th October 2016 Tenancy Details VIEWING The property is let by way of a Long External inspection only Flat Three (Previously number Two Term Regulated Tenancy at £74pw, & Three) last registered on 12th October 2016 SOLICITORS Sitting Room Keebles LLP, Commercial House 14 Bedroom One Note Commercial Street, Sheffield S1 2AT Bedroom Two Section 5B Notices under the Kitchen Landlord and Tenant Act 1987 were Bathroom & WC shared with flat served on the 1st November 2019 One Outside Forecourt Rear yard & garden area with brick built WC
www.markjenkinson.co.uk 11 *SEE PAGE 5 FOR INFORMATION ON GUIDE/RESERVE PRICE DEFINITIONS AND ANY ADDITIONAL FEES.
LOT 7 Denham Road, Sheffield, South Yorkshire S11 8NE 8 GUIDE PRICE £240,000–£260,000* | RESIDENTIAL INVESTMENT
• Five bedroom inner terrace student house • Licenced HMO & professionally managed • Let for current & next academic years • £21,060pa exclusive of bills • Popular location off Ecclesall Road • UPVC windows, gas central heating, hard wired smoke alarms and TV supplied
Ground Floor Front Bedroom One 3.58m x 4.45m Inner Lobby Sitting Room 3.59m x 3.88m Cellar Head Kitchen 2.63m x 1.86m with good range of modern units & appliances
Basement Cellar
First Floor Landing Front Bedroom One 2.78m x 3.62m Bathroom/WC 2.94m x 1.38m with white suite & shower Rear Bedroom Two 3.96m x 3.18m with recess to one side
Second Floor Front Bedroom One 3.64m x 3.56m with Velux window Shower Room/WC Rear Bedroom Two 3.27m x 2.73m with Dormer window and recess
Outside Forecourt Enclosed rear garden area
Tenancy Details The property is let as follows: 2nd July 2019 until 29th June 2020 at £23,270pa inclusive of bills 2nd July 2020 until 28th June 2021 at £21,060pa exclusive of bills
HMO Licence The property has an HMO Licence for 5 persons from 14th July 2015 until 19th April 2020. Licence number 002822
Tenure Freehold
EPC Rating D A full copy of the EPC will be available to view via our website
VIEWING By appointment with Jake Bond [email protected] 07715214572
SOLICITORS Taylor & Emmet LLP, 20 Arundel Gate, Sheffield, S1 2PP
12 www.markjenkinson.co.uk TUESDAY 7 APRIL 2020 COMMENCING 2PM PROMPT
LOT 17/17A Broom Street, Ecclesall Court, Broomhall, Sheffield, South Yorkshire S10 2DA 9 GUIDE PRICE £425,000–£450,000* | RESIDENTIAL INVESTMENT
3 MONTH COMPLETION
• Superb purpose built, bespoke student property Comprises six bed HMO let at £86pppw • Studio apartment beneath let at £125pw on single occupancy • Total income £33,332 per annum • Let for current and next academic years with 100% occupancy since built • Modern well appointed accommodation with low ongoing maintenance • Popular convenient location just off Eccleslall Road & all University Campuses • 3 month completion
Ground Floor Including open plan Living & Kitchen Entrance Hall space Kitchen 3.50m x 2.52m Shower Room/WC 1.67m x 1.76m Sitting Room 4.14m x 3.72m plus Under Stairs Store balcony Private Patio Cloakroom/WC 1.46m x 1.33m Tenancy Details First Floor The property is let for the 2019/2020 Landing & 2020/2021 academic years to Bedroom One 2.47m x 2.43m 6 students at £86pw each by way Shower Room/WC 2.07m x 1.13m of Assured Shorthold Tenancy. The Bedroom Two 4.02m x 2.23m studio apartment is let separately at Bedroom Three 3.50m x 2.49m £125pw
Second Floor EPC Rating Landing A full copy of the EPC will be Bedroom Four 4.84m x 2.29m available to view via our website Bathroom/WC Bedroom Five 4.50m x 2.21m VIEWING Bedroom Six 2.44m x 3.45m By appointment with Jake Bond Bathroom/WC with shower 2.13m [email protected] x 1.76m 07715214572
Studio Apartment SOLICITORS 8.64m x 3.55m opening to 4.66m Irwin Mitchell LLP overall Riverside East 2 Millsands, Sheffield, S3 8DT
www.markjenkinson.co.uk 13 *SEE PAGE 5 FOR INFORMATION ON GUIDE/RESERVE PRICE DEFINITIONS AND ANY ADDITIONAL FEES.
LOT Flat 2, 79 William Street, Ecclesall Court, Broomhall, Sheffield, South Yorkshire S10 2BY 10 GUIDE PRICE £325,000–£350,000* | RESIDENTIAL INVESTMENT
3 MONTH COMPLETION
• Purpose built, bespoke six bedroom student apartment • Located on the first floor of this purpose built development • Appointed to a higher standard • Access to enclosed communal amenity space • Popular location just off Ecclesall Road, close to all University Campuses • Fully let for both 2019/20 and 2020/21 academic years • 100% occupancy since completion in 2004 • 3 month completion
Ground Floor Tenancy Details Communal Entrance Hall with The property is let for both 2019/20 staircase and 2020/21 academic years at £85pw each. The tenants being First Floor responsible for paying their own Entrance Hallway services Living Kitchen 3.93m x 7.32m overall Bedroom One 3.74m x 2.45m EPC Rating B Shower Room/WC 2.06m x 1.32m A full copy of the EPC will be Bedroom Two 2.54m x 5.20m available to view via our website Bedroom Three 2.47m x 5.21m Shower Room/ VIEWING WC Two 2.08m x 1.35m By appointment with Jake Bond Bedroom Four 5.20m x 2.50m [email protected] Bedroom Five 2.36m x 3.23m 07715214572 Bedroom Six 2.55m x 4.79m SOLICITORS Irwin Mitchell LLP Riverside East 2 Millsands, Sheffield, S3 8DT
14 www.markjenkinson.co.uk TUESDAY 7 APRIL 2020 COMMENCING 2PM PROMPT
Rates from just 0.49%, W! with no WO valuation or lender legal fees?! That’s worth shouting about. With more than 15 years’ experience in auction finance, we’ll work quickly and flexibly so you can complete within your deadline.
Call us on 0333 242 6545 or find out more at togethermoney.co.uk/auction
Any property used as security, including your home, may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
*Other fees and charges apply and are variable based on the loan amount. 0.49% pm is applicable for the duration of the loan. 12 months as standard. No exit fee applies. Standard construction only. **On loans up to £500,000 for residential properties only.
LOT 12 Kaye Place, Sheffi eld, South Yorkshire S10 1DY 11 GUIDE PRICE £175,000* | RESIDENTIAL INVESTMENT
• Purpose built 5 bed HMO • Cul de Sac location just off Barber Road • Walking distance of the main University campus • Currently let to 5 at £74pw each (£19,240) • Modern dormer design • Popular location
Ground Floor Tenancy Entrance Hall The property is currently let for a Living Room 4.83m x 3.05m period of 12 months from 3rd July Kitchen 2.58m x 2.37m 2019 until 30th June 2020 at £74per Shower Room/WC1 person per week. The tenants are Shower Room/WC2 responsible for services Rear Bedroom One 3.45m x 2.71m Front Bedroom Two 2.97m x 2.38m Note Rear Bedroom Three 2.40m x 3.61m Photos taken before occupation by tenants Second Floor Front Bedroom Four 3.45m x 3.96m EPC Rating C Rear Bedroom Five 3.88m x 2.61m A full copy of the EPC will be available to view via our website Outside Front Driveway VIEWING By appointment with Jake Bond Tenure [email protected] The property is leasehold for 800 07715214572 years from 25th March 1877 with annual ground rent at £29 SOLICITORS Taylor & Emmet LLP, 20 Arundel Housing Multiple Occupation Gate, Sheffi eld S1 2PP License The property currently has an HMO License for 5 people from 4th January 2019 until 3rd January 2024. License number 4195
www.markjenkinson.co.uk 15 *SEE PAGE 5 FOR INFORMATION ON GUIDE/RESERVE PRICE DEFINITIONS AND ANY ADDITIONAL FEES.
LOT 151 Ringinglow Road, Sheffield, South Yorkshire S11 7PS 12 GUIDE PRICE £350,000* | VACANT HOUSE
• Traditional four bedroom semi detached house • Large plot of approximately 0.09hs (0.21 acre) • In need of general modernisation • Prime residential area • Front car parking & rear garage • Close to reputable local schools • Gas central heating & uPVC windows • Exceptionally large plot (restricted by building covenant)
Ground Floor EPC Rating Entrance Porch A full copy of the EPC will be Reception Hall available to view via our website Bay Window Sitting Room 4.90m x 4.08m VIEWING Dining Room 4.31m x 3.3m Mondays 16th,23rd,30th March & Breakfast Room 3.18m x 2.52m 6th April at 1.30pm prompt Kitchen 3.89m x 1.6m Thursdays 19th,26th March & 2nd Cellar Head April at 1.30pm prompt
Basement SOLICITORS Cellar Wake Smith Solicitors Ltd, No. 1 Velocity 2 Tenter Street, Sheffield First Floor S1 4BY Landing Front Bedroom One 4.04m x 4.01m Rear Bedroom Two 4.32m x 3.37m Front Bedroom Three 2.48m x 2.11m Bathroom/WC 2.76m x 1.76m
Second Floor Large Landing with access to east storage space Attic Bedroom Four 5.60m x 4.06m with front & rear Dormers
Outside The property occupies a much larger than average plot of approximately 0.09ha (0.21 acre) with separate vehicular access
16 www.markjenkinson.co.uk TUESDAY 7 APRIL 2020 COMMENCING 2PM PROMPT
LOT 17 & 17A Doncaster Road, Wath Upon Dearne, Rotherham, South Yorkshire S63 7DN 13 GUIDE PRICE £60,000–£70,000* | COMMERCIAL/RESIDENTIAL INVESTMENT
• Stone fronted inner terrace investment property • Comprises ground floor salon let at £325pcm • First floor flat let at £350pcm • Total annual income £8,100 • High profile main road position
Ground Floor Salon 27.13sqm JOINT AUCTIONEERS (292sqft) Burgess Commercial Ltd, AEON Kitchenette 4.74sqm (51sqft) House, Green Lane, Wickersley, WC Rotherham, S66 2BS
First Floor EPC Rating Lounge 10.96sqm (118sqft) A full copy of the EPC will be Storage Cupboard 0.56sqm (6sqft) available to view via our website Kitchen 8.27sqm (89sqft) Bathroom 4.65sqm (50sqft) VIEWING By Appointment with Joint Agents Second Floor Bedroom 11.43sqm (123sqft) Total 67.73sqm (729sqft) Burgess Commercial Ltd 01709 721707 Rating Assessment The property is listed as ‘’shop & SOLICITORS premises’’ in the current rating list Hattersleys Solicitors, 1 Hope Street with an RV of £2,000. Mexborough S64 9HR The living accommodation falls within Band A for council tax purposes
Tenancies The ground floor is let at £325pcm whilst the first floor is let via way of an Assured Shorthold Tenancy at £350pcm. Total rental income £8,100pa
LOT 82A & B Regent Street, Kimberworth, Rotherham, South Yorkshire S61 1HL 14 GUIDE PRICE £85,000 PLUS* | RESIDENTIAL INVESTMENT
• Substantial brick built inner terrace • Long standing conversion to two flats • Ground floor – two bedrooms previously let at £350pcm • First floor two bedrooms currently let at £375pcm • Annual income £8,700 when fully let • uPVC windows & two gas central heating systems • Large plot with rear garden
Ground Floor Flat – 82a Regent Tenancy Street The property is let by way of an Communal Entrance Hall established Assured Shorthold Sitting Room 4.30m x 3.86m Tenancy at £375pcm Kitchen 2.92m x 1.52m Bedroom 2.83m x 2.20m Outside Bedroom 2.54m x 3.53m Raised Forecourt Shower Room/WC 2.25m x 1.50m Long Rear Garden with brick built store Tenancy First Floor Flat – 82b Regent Street EPC Rating A full copy of the EPC will be Ground Floor available to view via our website Communal Entrance Hall with Staircase VIEWING By Appointment with Hume & Co First Floor 01709 382946 Landing with Closet Kitchen 3.43m x 1.86m SOLICITORS Sitting Room 4.34m x 3.61m Arthur Jackson & Co, Ash Mount 1 Bathroom/WC 3.46m x 1.95m Doncaster Gate, Rotherham Rear Bedroom 4.53m x 2.77m S65 1DQ Front Bedroom 2.22m x 4.34m
www.markjenkinson.co.uk 17 *SEE PAGE 5 FOR INFORMATION ON GUIDE/RESERVE PRICE DEFINITIONS AND ANY ADDITIONAL FEES.
LOT Coronation House, Muglet Lane, Maltby, Rotherham, South Yorkshire S66 7NA 15 GUIDE PRICE £95,000 PLUS* | VACANT FLATS
• Substantial double fronted inner terrace • Recent conversion to provide high standard of residential accommodation • Layout comprises two bedroom apartments (currently merged) • Worthy of an internal inspection • Rear yard with separate vehicular access & Outbuildings • Potential for ongoing investment or specific family use
Ground Floor Building Regulations Entrance Hallway A completion certificate dated 14th Sitting Room 5.51m x 2.68m January 2020 is available to view via opening to 3.95m the website REF: N2013/284BN Front Bedroom 3.96m x 3.09m Bathroom/WC 3.40m x 1.51m EPC Rating Kitchen 2.86m x 3.20m with A full copy of the EPC will be comprehensive range of appliances available to view via our website Dining Kitchen 3.57m x 1.11 Rear Bedroom 3.77m x 3.30m VIEWING Rear Entrance Lobby Tuesdays 17th,24th,31st March at Shower Room/WC 2.12m x 1.37m 11am prompt Thursdays 19th,26th March & 2nd First Floor April at 11am prompt Landing Front Sitting Room 7.15m x 4.12m SOLICITORS opening to 5.12m Walker & Co, 82 High Street, Maltby Rear Bedroom 2.67m x 4.28m S66 7BN Rear Bedroom 2.66m x 3.54m
Outside The property occupies a good size plot with separate vehicular access via a service road with gated entrance & car parking space. There is also a substantial brick building 7.38m x 3.41m with first floor (no access). Store/Utility Room 3.60m x 2.03m
18 www.markjenkinson.co.uk TUESDAY 7 APRIL 2020 COMMENCING 2PM PROMPT
LOT 29 Hazelby Road, Creswell, Worksop, Nottinghamshire S80 4BB 17 GUIDE PRICE £45,000 PLUS* | VACANT HOUSE
• Three Bed End Town House • In need of modernisation • Potential for owner occupation or letting • Front and rear gardens
Ground Floor EPC Rating D Entrance Hall A full copy of the EPC will be Under stairs store available to view via our website Sitting Room 3.33 m x 3.65m Dining Kitchen 3.31m x 3.63m VIEWING WC By appointment with Jake Bond [email protected] First Floor 07715214572 Landing Front Bedroom 1 4.11m x 3.30m SOLICITORS Rear Bedroom 2 3.90m x 3.30m Foys, Kingsgate House Kingsgate, Front Bedroom 3 2.41m x 2.04m Doncaster DN1 3DQ Bathroom WC 2.03m x 1.67 m
Outside Front and Rear Gardens Brick built store
LOT 60 Jameson Street, Hull, East Riding Of Yorkshire HU1 3LS 18 GUIDE PRICE £200* | FREEHOLD GROUND RENT
• Commercial ground rent • City Centre location • 999 years from 16th December 1988 • Fixed ground rent of £10pa • No auction admin fee payable
Location ON INSTRUCTIONS FROM NPS ACTING The property is located in Hull City ON BEHALF OF HULL CITY COUNCIL. Centre and comprises a two storey inner terrace sales shop.
Lease Terms The property is held by way of a 999 year ground lease from 16th December 1988 at a fixed annual ground rent of £10.
SOLICITORS Kingston Upon Hull City Council The Guildhall Alfred Gelder Street, Hull, HU1 2AA
Next auction Tuesday 19th May Deadline Friday 17th April
Contact [email protected]
www.markjenkinson.co.uk 19 *SEE PAGE 5 FOR INFORMATION ON GUIDE/RESERVE PRICE DEFINITIONS AND ANY ADDITIONAL FEES.
LOT 100 Peel Street, Hull, East Riding Of Yorkshire HU3 1QR 19 GUIDE PRICE £5,000* | FREEHOLD REVERSION
• Freehold reversion to land and buildings • Part of former Public house and car parking • 99 year lease from 20th February 1984 (63 years remaining) at nil rent • Site amounts to approx. 695 sqm (0.17 acre)
Location SOLICITORS The property is located Kingston Upon Hull City Council, The approximately 1.4 miles by car to Guildhall Alfred Gelder Street, Hull the north west of Hull city centre HU1 2AA close to the junction of Peel Street & Spring Bank. ON INSTRUCTIONS FROM NPS ACTING ON BEHALF OF HULL CITY COUNCIL. The Site The land is identified by the adjoining plan and amounts to approximately 696 sqm
Lease terms The property is freehold subject to a 99 year lease dated 20th February 1984 to Allied Breweries which in turn has been assigned to Bahadar Singh and Bajinder Kaur at a nil rent .
LOT Premises to the rear of 4 Market Place, Crowle, Scunthorpe, Lincolnshire DN17 4LA 20 GUIDE PRICE £50,000* | VACANT PREMISES
• Brick built former workshop • Approximately 150sqm (1614sqft) on two levels • Located in the centre of Crowle • Vehicular access & roller shutter doors • Freehold site of approximately 131 sqm • Possible development options (STP) • Of interest to local businesses & tradesmen
Ground Floor Approx 75 sqm
First Floor Approx 75 sqm
Mezzanine Storage
Rating Assessment The property is listed as ‘’workshop & premises’’ in the April 2017 Rating List with an RV £1,125
Planning Interested parties are advised to make their own enquiries in respect of all possible uses
VIEWING By appointment with Jake Bond [email protected] 07715214572
SOLICITORS Keebles LLP, Commercial House 14 Commercial Street, Sheffield S1 2AT
20 www.markjenkinson.co.uk TUESDAY 7 APRIL 2020 COMMENCING 2PM PROMPT
LOT Land Adjoining 2 Linden Crescent, Stocksbridge, Sheffield, South Yorkshire S36 1DF 21 GUIDE PRICE £75,000 PLUS* | BUILDING PLOT
• Prominent corner building plot – approximately 300sqm • Full planning permission for substantial 3 storey, 4 bed detached • Ground floor – Entrance Hall, Dining Kitchen & Integral garage • First floor – Lounge, 2 Bedrooms & Bathroom • Second floor- principle bedroom with En suite Shower, Bedroom 4 & Study • Popular location within easy reach of open countryside • Well served by facilities in Stocksbridge & Fox Valley • Ideal Self build project • Completed property valued around £325-£350,000 • Comprehensive site surveys available
Planning Outside Planning consent was granted on Front garden with driveway & 8th August 2018 for the erection turning area, Rear garden & patio of a dwelling (REF: 18/01446/FUL (formerly PP06892774) ) A copy of VIEWING the consent will be available to view On site at any reasonable time online SOLICITORS Proposed Scheme Taylor Bracewell Law Limited, 17-23 Plans relating to the proposed Thorne Road, Doncaster DN1 2RP dwelling are available on the website but briefly comprise-
Ground floor Entrance hall, Dining Kitchen & Integral Garage.
First floor landing Lounge, Bedroom 2, Bedroom 3 & Bathroom/WC.
Second floor Principle Bedroom with En suite Shower room, Bedroom 4 & Study.
www.markjenkinson.co.uk 21 *SEE PAGE 5 FOR INFORMATION ON GUIDE/RESERVE PRICE DEFINITIONS AND ANY ADDITIONAL FEES.
LOT 108 Clough Street, Rotherham, South Yorkshire S61 1RJ 22 GUIDE PRICE £25,000* | VACANT HOUSE
• Good size inner terrace house • Accommodation over 3 levels • In need of complete modernisation • Good size rear garden • Comprises ground floor, 2 reception rooms • First floor, 2 bedrooms & bathroom • Lower ground floor kitchen & cellar • Convenient for Rotherham town centre • Potential for owner occupation or letting
Ground Floor EPC Rating E Entrance Hall A full copy of the EPC will be Sitting Room 3.39m x 3.43m available to view via our website Living Room 4.23m x 4.28m Lower Ground Floor VIEWING Kitchen 4.10m x 4.11m Tuesdays 17th,24th,31st March at Front Cellar 10am prompt Thursdays 19th,26th March & 2nd First Floor April at 10am prompt Landing Front Bedroom One 4.3m c 3.39m SOLICITORS with closet Wilsons Solicitors, 20 The Grove, Rear Bedroom Two 2.04m x 4.27m Ilkley LS29 9EG Bathroom/WC 3.31m x 2.12m with white suite & shower
Outside Forecourt Good size rear garden
LOT 22 College Street, Rotherham, South Yorkshire S65 1AG 23 GUIDE PRICE £150,000+* | COMMERCIAL INVESTMENT
• Prominent town centre investment • Comprises 3 storey brick & stone inner terrace • Let for 10 years from 30th December 2011 at £25,500 • 136sqm (1457sqft) over 3 levels
Ground Floor VIEWING Retail Sales 40sqm (428sqft) Viewing by appointment with the joint auctioneers Neill Keally First Floor [email protected] Staff Toilets or 01709 721 707 Kitchenette Staff Ancillary 19.7sqm (212sqft) JOINT AUCTIONEERS Office One 6.6sqm (71sqft) Office Two 12.7sqm (137sqft) Burgess Commercial, AEON House, Second Floor Green Lane, Wickersley, Rotherham, Disused Storage 47sqm (609sqft) S66 2BS Total 136sqm (1457sqft) SOLICITORS Tenure Keebles LLP Freehold Commercial House 14 Commercial Street, Sheffield, S1 2AT Tenancy The property is let by way of a 10 year lease from 30th December 2011 to Talk Direct (Leeds) Ltd, trading as O2 on full repairing & insuring basis at £25,500pa
Rateable Value The property is listed as ‘’shop & premises’’ in the 2017 rating list with an RV of £15,250
22 www.markjenkinson.co.uk TUESDAY 7 APRIL 2020 COMMENCING 2PM PROMPT
LOT 100 Randall Street, Off Bramall Lane, Sheffield, South Yorkshire S2 4SJ 24 GUIDE PRICE £150,000* | VACANT COMMERCIAL
• 2,000 sq ft (185.8 sq m) plus stores and yard • Superb location close to Sheffield United football ground • Range of rooms, with interesting layout • Large gated yard/parking area • Suitable for a variety of occupiers
Location Business Rates The property is located just off The property is listed as Workshop Bramall Lane opposite Sheffield and premises in the current rating United football ground. The property list and has a Rateable Value of has a long gated frontage to Randall £7,300 Street. EPC Rating E Description A full copy of the EPC will be The premises provide a range of available to view via our website interesting accommodation, the vast majority being offices. VIEWING The premises would suit a range By appointment with Jake Bond of occupiers and benefits from gas [email protected] central heating, a large storage area, 07715214572 and large gated parking/yard area. SOLICITORS Accommodation Freeths LLP, Fifth Floor 3 St Paul’s Ground Floor 71.35 sqm (768 sq.ft.) Place 129 Norfolk Street, Sheffield Storage 50.26 sqm (541 sq.ft.) S1 2JE First Floor 114.45 sqm (1,232 sq.ft.) Yard and parking 280 sqm (3,014 sq.ft.)
Tenure The building and access to Harwood Street are Freehold. The yards fronting Randall Street are Leasehold. Please see the legal pack available via our website for full details.
www.markjenkinson.co.uk 23 *SEE PAGE 5 FOR INFORMATION ON GUIDE/RESERVE PRICE DEFINITIONS AND ANY ADDITIONAL FEES.
LOT Joys Hall, Mill Lane, South Kirkby, Pontefract, West Yorkshire WF9 3HG 25 GUIDE PRICE £75,000+* | VACANT PREMISES
• Single storey former church/school premises • Well modernised & pointed accommodation • Approximately 155sqm (1669sqft) • Freehold site of approximately 507sqm (0.13 acre) with car parking • Comprises main hall, kitchen, WC’s & store/meeting rooms • Potential for a variety of uses (STP) • Disability access & WC facilities • High profile main road position
Ground Floor EPC Rating C Entrance Hall 5.68sqm A full copy of the EPC will be Kitchen 9.51sqm available to view via our website WC’s 9.22sqm Main Hall 113.77sqm VIEWING Rear Room Right 10.65sqm Strictly by appointment with the Rear Room Left 6.33sqm auctioneers 0114 2760151
Outside SOLICITORS The property occupies a freehold Angela Viney Conveyancing site of approximately 507sqm Services, 3 Carlton Place, Halifax, (0.13 acre) with vehicular parking & HX1 2SB pedestrian access to the residential property to the rear
Planning Interested parties are advised to make their own enquiries in respect of possible uses for the property
24 www.markjenkinson.co.uk TUESDAY 7 APRIL 2020 COMMENCING 2PM PROMPT
LOT 25 Khartoum Road, Sheffield, South Yorkshire S11 8RD 26 GUIDE PRICE £250,000–£260,000* | RESIDENTIAL INVESTMENT
• Three storey inner terrace five bedroomed house • Well presented student let HMO • Recently modernised with new boiler • Fully let, producing a gross rent of £24,700pa • Ground floor kitchen diner and lounge • Three first floor double bedrooms, bathroom and shower room • Two double bedrooms in the attic • Let for the proceeding academic year 2020-21
Ground Floor Tenancy Details Lounge 3.59m x 3.44m The property is let for the academic Dining Kitchen 3.75m x 3.60m year 2019–2020 at £95pp/pw (inclusive of gas, water & electricity Basement but exclusive of Broadband ) Stores producing a total gross income of £24,700pa. First Floor The property is also let for the Bedroom One 2.48m x 3.46m academic year 2020–2021 at Bedroom Two 3.15m x 2.95m £94pp/pw (inclusive of services, Bedroom Three 2.34m x 3.46m including Broadband and TV Licence) Bathroom 1.61m x 2.95m producing a total gross income of Shower Room 1.87m x 0.75m £24,440pa.
Attic EPC Rating D Bedroom Four with velux window A full copy of the EPC will be 2.40m x 2.71m extending include available to view via our website 0.92m x 1.82m Bedroom Five with velux window VIEWING 2.30m x 4.53m By appointment with Jake Bond [email protected] Outside 07715214572 The property has a front yard and rear stone garden SOLICITORS Norrie Waite & Slater, 9-12 East Parade, Sheffield S1 2ET
LOT The Durham Ox, 15 Cricket Inn Road, Sheffield S2 5AR 27 GUIDE PRICE £75,000–£100,000* | DEVELOPMENT OPPORTUNITY
• Freehold former public house • Occupies site of approximately 233 sqm • Located close to Sheffield City Centre and Hallam University • Three storey building in need of complete renovation • Alternative redevelopment angles (STP)
Location VIEWING Cricket Inn Road is a short distance Externally, on site at any reasonable from Sheffield’s Park Square time. roundabout close to the junction with Broad Lane Note The property is in a very poor state The Site of repair and care should be taken The property is identified on the whilst on site. adjoining plan and occupies a site of approximately 233 sqm SOLICITORS Keebles LLP Tenure Commercial House 14 Commercial Freehold Street, Sheffield, S1 2AT
Planning Interested parties are advised to make their own enquires in respect of possible uses for the site
JOINT AUCTIONEERS
Colloco,40 Bank Street,Sheffield, S1 2DS
www.markjenkinson.co.uk 25 *SEE PAGE 5 FOR INFORMATION ON GUIDE/RESERVE PRICE DEFINITIONS AND ANY ADDITIONAL FEES.
LOT 42 Station Road, Bolton Upon Dearne, Rotherham, South Yorkshire S63 8AB 28 GUIDE PRICE £50,000–£55,000* | VACANT HOUSE
• Attractive stone fronted inner terrace • Modernised accommodation ready for owner occupation or letting • uPVC windows • Gas central heating with Combi boiler with guarantee until 2020 • Rewired in 2009 • Potential for owner occupation or letting • Previously let at £425 pcm and £395 pcm as tenants carried out works
Ground Floor EPC Rating E Entrance Hall A full copy of the EPC will be Lounge 4.42m x 3.10m with Bay available to view via our website window Dining Room 4.11m x 3.99m VIEWING Kitchen 2.95m x 2.09m Tuesdays 17th,24th & 31st March at 12 noon prompt Basement Thursdays 19th,26th March & 2nd Cellar storage April at 12 noon prompt First Floor Landing SOLICITORS Front Bedroom One 4.1m x 3.6m Taylor & Emmet LLP, 20 Arundel Bedroom Two 3.9m x 4.1m Gate, Sheffield S1 2PP Bathroom/WC
Attic Storage
Outside Forecourt Rear Paved Yard
LOT Flat 4, 22 Hayes Drive, Halfway, Sheffield, South Yorkshire S20 4TR 29 GUIDE PRICE £30,000* | VACANT FLAT
• One bedroom ground floor Flat • In need of modernisation • Car parking space • Potential for owner occupation or investment
Ground Floor Communal Entrance hall Bed sitting room Kitchen Shower room Communal Gardens & parking
VIEWING By appointment with Jake Bond [email protected] 07715214572
SOLICITORS Switalskis Ltd, Cranbourne House 36 Gracious Street, Knaresborough HG5 8DS
26 www.markjenkinson.co.uk TUESDAY 7 APRIL 2020 COMMENCING 2PM PROMPT
LOT 290–296 South Road, Walkley, Sheffield, South Yorkshire S6 3TE 30 GUIDE PRICE £450,000* | COMMERCIAL/RESIDENTIAL INVESTMENT
• Long established Commercial/Residential Investment – £47,568pa • Comprises ground floor specialist supermarket • Two 2 bed flats and 4 Studio apartments • High profile position in the heart of Walkley • Ground Floor let until December 2022 at £19,980pa • Residential let at rents of between £350 and £450pcm
Ground Floor Flats 1 & 2 Comprise Entrance Hall, (Measurements taken from Lounge, Two bedroom and separate Business Rates Valuation and for Bathroom/WC guidance only) The Studios comprise large living 290 South Road – 74.6 sqm space with kitchen and bedroom (802 sqft) and separate shower room/WC 292-296 South Road – 240.36 sqm (2,586 sqft) EPC Rating Full copies of the EPCs will be Rateable Value available to view via our website 290 – RV £3,900 292-296 – RV £11,500 VIEWING Strictly by appointment with the Lease Details auctioneers 0114 2760151 The ground floor tenants are trading as ‘’Beeches of Walkley’’, a long SOLICITORS established specialist Butchers, Deli, Wosskow Brown Solicitors LLP, 271- Greengrocers and Supermarket and 273 Middlewood Road, Sheffield Post Office have recently signed S6 4HE a new lease due to expire on 31st December 2022.
Residential Accommodation Flat 1 – 2 bed – £450 pcm Flat 2 – 2 bed – £399 pcm Flat 3 – Studio – £375 pcm Flat 4 – Studio – £350pcm Flat 5 – Studio – £350pcm Flat 6 – Studio – £350pcm All rents are exclusive of bills with the exception of flat 2
www.markjenkinson.co.uk 27 *SEE PAGE 5 FOR INFORMATION ON GUIDE/RESERVE PRICE DEFINITIONS AND ANY ADDITIONAL FEES.
LOT Barn Adjoining 37 Nethergate, Stannington, Sheffield, South Yorkshire S6 6DH 31 GUIDE PRICE £125,000* | BARN CONVERSION
• Stone built barn with full planning for a dwelling • Prime location on the fringe of Stannington • Freehold plot of approximately 330sqm • Room to extend (STP) • Far reaching views over the Rivelin Valley • Ground Floor – Living Room, Dining Kitchen,principal bedroom with EnSuite bathroom • First Floor – 2 bedrooms and Bathroom
Planning Note Full planning consent was A condition of the sale will be granted on 20th February 2019 demolition of the section of the barn for ‘’partial demolition of existing adjoining 37 Nethergate barn, alterations & conversion of barn to create a new dwelling’’ VIEWING REF:18/01888/FUL (formerly By appointment with Adrian Little PP06976873). A copy of the consent [email protected] is available to view via the website SOLICITORS Wosskow Brown, 656 Chesterfield Road, Sheffield, S8 0SB
28 www.markjenkinson.co.uk TUESDAY 7 APRIL 2020 COMMENCING 2PM PROMPT
LOT 73 Rosamond Avenue, Bradway, Sheffield, South Yorkshire S17 4LS 32 GUIDE PRICE £275,000 PLUS* | VACANT HOUSE
• Modern four bedroom detached house • Good size plot with driveway & integral garage • Front & rear gardens • uPVC double glazing & gas central heating • In need of upgrading • Excellent potential offered • Sought after residential area
Ground Floor EPC Rating Reception Hall A full copy of the EPC will be Kitchen 4.23m x 2.41m available to view via our website Through Lounge/Dining Room 7.46m x 3.25m VIEWING Under Stairs Store Mondays 16th,23rd,30th March & Utility Room 2.64m x 2.42m 6th April at 2.30pm prompt WC Thursdays 19th,26th March & 2nd April at 2.30pm prompt First Floor Landing SOLICITORS Airing Cupboard Switalskis Ltd, Cranbourne House Front Bedroom One 4.27m x 2.66m 36 Gracious Street, Knaresborough Rear Bedroom Two 3.80m x 3.25m HG5 8DS Front Bedroom Three 3.23m x 1.87m Bathroom/WC 3.25m x 1.95m Front Bedroom Four 2.83m x 2.66m Separate WC with wash basin
Outside The property occupies a good size plot with front garden area & drive providing vehicular parking & access to the Integral Garage 5.10m x 2.50m. A further good size garden to the rear
www.markjenkinson.co.uk 29 *SEE PAGE 5 FOR INFORMATION ON GUIDE/RESERVE PRICE DEFINITIONS AND ANY ADDITIONAL FEES.
LOT Yew Trees, 9 Victor Road, Off Dore Road, Sheffield, South Yorkshire S17 3NH 33 GUIDE PRICE £475,000 PLUS* | VACANT HOUSE
• Individual 1920s Detached family house • Prime 0.18 acre plot in highly desirable location • Requires programme of improvement • Ample room to extend • Excellent potential
Ground Floor SOLICITORS Reception Hall Rosalind Watchorn Solicitors, Living Room 3.35m x 3.65m with 10 Kenwood Park Road, Sheffield Bay Window S7 1NF Dining Room 3.80m x 3.65m Breakfast Kitchen 4.85m x 3.84m JOINT AUCTIONEERS Pantry Andersons Estate Agents, Study 3.76m x 3.04m 63 Middlewood Road, Hillsborough, WC 1.76m x 0.89m Sheffield, S6 4GW Lean-To 2.79m x 2.30m 0114 2834050
First Floor Landing Bedroom One 5.58m x 3.67m Bedroom Two 5.41m x 3.64m Bedroom Three 3.43m x 2.41m Bathroom 2.21m x 1.82m Separate WC 1.56M X 1.12M
Outside The property occupies a plot of approximately 0.18 of an acre with driveway leading to a double garage 5.07m x 5.05m
EPC Rating A full copy of the EPC will be available to view via our website
VIEWING By Appointment with Andersons Estate Agents 0114 283 4050
30 www.markjenkinson.co.uk TUESDAY 7 APRIL 2020 COMMENCING 2PM PROMPT
LOT 331 Millhouses Lane, Sheffield, South Yorkshire S11 9HY 34 GUIDE PRICE £475,000* | VACANT HOUSE & LAND
• Outstanding refurbishment/development opportunity • Two storey individual detached residence with basement area and garage • Prominent position at the junction of Silverdale Crescent & Millhouses Lane • Site of 0.28 of an acre with 2 access points • Property requires considerable renovation • Potential for redevelopment (STP) • First class residential location • Excellent potential offered
Ground Floor Outside Reception Hall The property occupies a prominent Cloaks Cupboard plot of approximately 0.11 ha (0.28 Under Stairs Store acre) with two access points, ample Sitting Room 6.81m x 3.12m car parking space and a mature opening to 3.74m with aspect on 3 garden to the rear sides Dining Room 3.62m x 3.91m Planning Living Room 3.32m x 3.49m The property is located in an Kitchen 4.67m x 2.25m established residential area and offers potential for rebuilding Basement or some form of alternative Wine Cellar 3.47m x 2.74m development. Interested parties are Cellar 2.84m x 3.52m advised to make their own enquiries Utility Area 3.53m x 3.23m in respect of possible schemes Garage 4.64m x 4.51m with electric roller shutter door EPC Rating Boiler Room 3.03m x 1.91m A full copy of the EPC will be available to view via our website First Floor Landing with Bay Window Gallery VIEWING Area Mondays 16th,23rd,30th March & Front Bedroom One 3.97m x 3.76m 6th April at 12.30pm prompt Rear Bedroom Two 3.24m x 2.96m Thursdays 19th,26th March & 2nd Bathroom 2.66m x 1.61m April at 12.30pm prompt Bedroom Three 3.56m x 2.15m Bedroom Four 3.89m x 3.23m SOLICITORS Wake Smith Solicitors Ltd, No. 1 Velocity 2 Tenter Street, Sheffield S1 4BY
www.markjenkinson.co.uk 31 Common Auction Conditions For Auctions of Real Estate in England and Wales Edition 4.
Words in bold green type have special meanings, which are CONDITION TENANCY SCHEDULE defined in the Glossary. One of the AUCTION CONDUCT CONDITIONS or SALE The schedule of TENANCIES (if any) forming part of the CONDITIONS. SPECIAL CONDITIONS. The general conditions (including any extra general conditions) apply to the contract except to the extent that they CONTRACT TRANSFER are varied by special conditions or by an addendum. The CONTRACT by which the SELLER agrees to sell and the TRANSFER includes a conveyance or assignment (and “to BUYER agrees to buy the LOT. TRANSFER” includes “to convey” or “to assign”). GLOSSARY This glossary applies to the AUCTION CONDUCT CONTRACT DATE TUPE CONDITIONS and the SALE CONDITIONS. It is a The date of the AUCTION or, if the LOT is sold before or after The TRANSFER of Undertakings (Protection of Employment) compulsory section of the Common AUCTION Conditions the AUCTION: Regulations 2006. that must be included without variation (but the SPECIAL a) the date of the SALE MEMORANDUM signed by both the CONDITIONS may include defined words that differ from SELLER and BUYER; or VAT the glossary so long as they apply only to the SPECIAL b) if CONTRACTS are exchanged, the date of exchange. Value Added Tax or other tax of a similar nature. CONDITIONS). If exchange is not effected in person or by an irrevocable The laws of England and Wales apply to the CONDITIONS agreement to exchange made by telephone, fax or electronic VAT OPTION and YOU, WE, the SELLER and the BUYER all submit to the mail the date of exchange is the date on which both parts have An option to tax. jurisdiction of the Courts of England and Wales. been signed and posted or otherwise placed beyond normal Wherever it makes sense: retrieval. WE (and US and OUR) singular words can be read as plurals, and plurals as singular The AUCTIONEERS. words; DOCUMENTS • a “person” includes a corporate body; DOCUMENTS of title including, if title is registered, the entries YOU (and YOUR) • words of one gender include the other genders; on the register and the title plan and other DOCUMENTS listed Someone who has seen the CATALOGUE or who attends or • references to legislation are to that legislation as it may have or referred to in the SPECIAL CONDITIONS relating bids at or otherwise participates in the AUCTION, whether or been modified or re-enacted by the date of the AUCTION or to the LOT (apart from FINANCIAL CHARGES). not a BUYER. the CONTRACT DATE (as applicable); and • where the following words appear in small capitals they EXTRA GENERAL CONDITIONS Auction Conduct Conditions • have the specified meanings. Any CONDITIONS added or varied by the AUCTIONEERS starting at CONDITION G30. Words in bold green type have special meanings, which are ACTUAL COMPLETION DATE defined in the Glossary. The date when COMPLETION takes place or is treated as Financial Charge The AUCTION CONDUCT CONDITIONS (as supplemented taking place for the purposes of apportionment and calculating A charge to secure a loan or other financial indebtedness or varied by CONDITION A6, if applicable) are a compulsory interest. (but not including a rentcharge or local land charge). section of the Common AUCTION Conditions. They cannot be disapplied or varied without OUR agreement, even by a ADDENDUM General Conditions CONDITION purporting to replace the Common AUCTION An amendment or addition to the CONDITIONS or to the The SALE CONDITIONS headed ‘GENERAL CONDITIONS OF Conditions in their entirety. PARTICULARS or to both whether contained in a SALE’, including any EXTRA GENERAL CONDITIONS. supplement to the CATALOGUE, a written notice from the A1 Introduction AUCTIONEERS or an oral announcement at the AUCTION. INTEREST RATE A1.1 The AUCTION CONDUCT CONDITIONS apply If not specified in the SPECIAL CONDITIONS, the higher of 6% wherever the LOT is located. Agreed COMPLETION Date and 4% above the base rate from time to time of Barclays Bank A1.2 If YOU make a bid for a LOT or otherwise participate in Subject to CONDITION G9.3: plc. The INTEREST RATE will also apply to any judgment debt, the AUCTION it is on the basis that YOU accept these a) the date specified in the SPECIAL CONDITIONS; or unless the statutory rate is higher. b) if no date is specified, 20 BUSINESS DAYS after the AUCTION CONDUCT CONDITIONS. They govern OUR CONTRACT DATE; relationship with YOU. They can be varied only if WE LOT agree. but if that date is not a BUSINESS DAY the first Each separate property described in the CATALOGUE or (as subsequent BUSINESS DAY. the case may be) the property that the SELLER has agreed to A2 OUR role sell and the BUYER to buy (including chattels, if any). APPROVED FINANCIAL INSTITUTION A2.1 As agents for each SELLER we have authority to Any bank or building society that is regulated by a competent (a) prepare the CATALOGUE from information supplied Old ARREARS by or on behalf of each SELLER; UK regulatory authority or is otherwise acceptable to the ARREARS due under any of the TENANCIES that are not AUCTIONEERS. (b) offer each LOT for sale; “new TENANCIES” as defined by the Landlord and Tenant (c) sell each LOT; (Covenants) Act 1995. (d) receive and hold deposits; ARREARS (e) sign each SALE MEMORANDUM; and ARREARS of rent and other sums due under the TENANCIES PARTICULARS (f) treat a CONTRACT as repudiated if the BUYER fails and still outstanding on the ACTUAL COMPLETION DATE. The section of the CATALOGUE that contains descriptions of to sign a SALE MEMORANDUM or pay a deposit as each LOT (as varied by any ADDENDUM). required by these AUCTION CONDUCT CONDITIONS ARREARS Schedule or fails to provide identification as required by the The ARREARS schedule (if any) forming part of the SPECIAL PRACTITIONER AUCTIONEERS. CONDITIONS. An insolvency PRACTITIONER for the purposes of the A2.2 OUR decision on the conduct of the AUCTION is final. Insolvency Act 1986 (or, in relation to jurisdictions outside the A2.3 WE may cancel the AUCTION, or alter the order in AUCTION United Kingdom, a person undertaking a similar role). which LOTS are offered for sale. WE may also combine The AUCTION advertised in the CATALOGUE. or divide LOTS. A LOT may be sold or withdrawn from PRICE sale prior to the AUCTION. AUCTION CONDUCT CONDITIONS The PRICE (exclusive of VAT) that the BUYER agrees to pay A2.4 YOU acknowledge that to the extent permitted by law The conditions so headed, including any extra AUCTION for the LOT. WE owe YOU no duty of care and YOU have no claim CONDUCT CONDITIONS. Ready To Complete against US for any loss. Ready, willing and able to complete: if COMPLETION A2.5 WE may refuse to admit one or more persons to the AUCTIONEERS would enable the SELLER to discharge all FINANCIAL AUCTION without having to explain why. The AUCTIONEERS at the AUCTION. CHARGES secured on the LOT that have to be discharged by A2.6 YOU may not be allowed to bid unless YOU provide COMPLETION, then those outstanding financial such evidence of YOUR identity and other information BUSINESS DAY charges do not prevent the SELLER from being READY TO as WE reasonably require from all bidders. Any day except (a) Saturday or Sunday or (b) a bank or public COMPLETE. holiday in England and Wales. A3 Bidding and reserve PRICEs SALE CONDITIONS A3.1 All bids are to be made in pounds sterling exclusive of BUYER The GENERAL CONDITIONS as varied by any SPECIAL VAT. The person who agrees to buy the LOT or, if applicable, that CONDITIONS or ADDENDUM. A3.2 WE may refuse to accept a bid. WE do not have to person’s personal representatives: if two or more are jointly the explain why. BUYER their obligations can be enforced against them jointly or SALE MEMORANDUM A3.3 If there is a dispute over bidding WE are entitled to against each of them separately. The form so headed (whether or not set out in the resolve it, and OUR decision is final. CATALOGUE) in which the terms of the CONTRACT for the A3.4 Unless stated otherwise each LOT is subject to a CATALOGUE sale of the LOT are recorded. reserve PRICE (which may be fixed just before the The catalogue for the AUCTION as it exists at the date of the LOT is offered for sale). If no bid equals or exceeds that AUCTION (or, if the catalogue is then different, the date of the SELLER reserve PRICE the LOT will be withdrawn from the CONTRACT) including any ADDENDUM and whether printed The person selling the LOT. If two or more are jointly the AUCTION. or made available electronically. SELLER their obligations can be enforced against them jointly or A3.5 Where there is a reserve PRICE the SELLER may bid (or against each of them separately. ask US or another agent to bid on the SELLER’s behalf) COMPLETION up to the reserve PRICE but may not make a bid equal Unless the SELLER and the BUYER otherwise agree, the SPECIAL CONDITIONS to or exceeding the reserve PRICE. YOU accept that it occasion when they have both complied with the obligations Those of the SALE CONDITIONS so headed that relate to the is possible that all bids up to the reserve PRICE are bids under the CONTRACT that they are obliged to comply LOT. made by or on behalf of the SELLER. with prior to COMPLETION, and the amount payable on COMPLETION has been unconditionally received in the TENANCIES A4 The PARTICULARS and other information SELLER’S conveyancer’s client account TENANCIES, leases, licences to occupy and agreements for A4.1 WE have taken reasonable care to prepare (or as otherwise required by the terms of the CONTRACT). lease and any DOCUMENTS varying or supplemental to them. PARTICULARS that correctly describe each LOT. The PARTICULARS are based on information supplied by or on behalf of the SELLER. YOU need to check that the information in the PARTICULARS is correct.
32 www.markjenkinson.co.uk A4.2 If the SPECIAL CONDITIONS do not contain a (a) matters registered or capable of registration as local of the DOCUMENTS that is made available before the description of the LOT, or simply refer to the relevant land charges; AUCTION or any other matter, except one that occurs LOT number, you take the risk that the description (b) matters registered or capable of registration by any after the CONTRACT DATE. contained in the PARTICULARS is incomplete or competent authority or under the provisions of any G4.2 The following provisions apply only to any of the inaccurate, as the PARTICULARS have not been statute; following DOCUMENTS that is not made available prepared by a conveyancer and are not intended to form (c) notices, orders, demands, proposals and before the AUCTION: part of a legal CONTRACT. requirements of any competent authority; (a) If the LOT is registered land the SELLER is to give A4.3 The PARTICULARS and the SALE CONDITIONS (d) charges, notices, orders, restrictions, agreements to the BUYER within five BUSINESS DAYS of the may change prior to the AUCTION and it is YOUR and other matters relating to town and country planning, CONTRACT DATE an official copy of the entries on the responsibility to check that YOU have the correct highways or public health; register and title plan and, where noted on the register, versions. (e) rights, easements, quasi-easements, and wayleaves; of all DOCUMENTS subject to which the LOT is being A4.4 If WE provide information, or a copy of a DOCUMENT, (f) outgoings and other liabilities; sold. WE do so only on the basis that WE are not responsible (g) any interest which overrides, under the Land (b) If the LOT is not registered land the SELLER is to for the accuracy of that information or DOCUMENT. Registration Act 2002; give to the BUYER within five BUSINESS DAYS of (h) matters that ought to be disclosed by the searches the CONTRACT DATE an abstract or epitome of title A5 The CONTRACT and enquiries a prudent BUYER would make, whether starting from the root of title mentioned in the SPECIAL A5.1 A successful bid is one WE accept as such (normally on or not the BUYER has made them; and CONDITIONS (or, if none is mentioned, a good root of the fall of the hammer). This CONDITION A5 applies to (i) anything the SELLER does not and could not title more than fifteen years old) and must produce to YOU only if YOU make the successful bid for a LOT. reasonably know about. the BUYER the original or an examined copy of every A5.2 YOU are obliged to buy the LOT on the terms of the SALE G1.5 Where anything subject to which the LOT is sold would relevant DOCUMENT. MEMORANDUM at the PRICE YOU bid (plus VAT, if expose the SELLER to liability the BUYER is to comply (c) If title is in the course of registration, title is to applicable). with it and indemnify the SELLER against that liability. consist of: A5.3 YOU must before leaving the AUCTION G1.6 The SELLER must notify the BUYER of any notices, (i) certified copies of the application for registration (a) provide all information WE reasonably need orders, demands, proposals and requirements of of title made to the Land Registry and of the from YOU to enable US to complete the SALE any competent authority of which it learns after the DOCUMENTS accompanying that application; MEMORANDUM (including proof of your identity if CONTRACT DATE but the BUYER must comply with (ii) evidence that all applicable stamp duty land tax required by US); them and keep the SELLER indemnified. relating to that application has been paid; and (b) sign the completed SALE MEMORANDUM; and G1.7 The LOT does not include any tenant’s or trade fixtures (iii) a letter under which the SELLER or its (c) pay the deposit. or fittings. The SPECIAL CONDITIONS state whether conveyancer agrees to use all reasonable A5.4 If YOU do not WE may either any chattels are included in the LOT, but if they are: endeavours to answer any requisitions raised by (a) as agent for the SELLER treat that failure as YOUR (a) the BUYER takes them as they are at COMPLETION the Land Registry and to instruct the Land Registry repudiation of the CONTRACT and offer the LOT for and the SELLER is not liable if they are not fit for use, to send the completed registration DOCUMENTS sale again: the SELLER may then have a claim against and to the BUYER. YOU for breach of CONTRACT; or (b) the SELLER is to leave them at the LOT. (d) The BUYER has no right to object to or make (b) sign the SALE MEMORANDUM on YOUR behalf. G1.8 The BUYER buys with full knowledge of requisitions on any title information more than seven A5.5 The deposit (a) the DOCUMENTS, whether or not the BUYER has BUSINESS DAYS after that information has been given (a) must be paid in pounds sterling by cheque or by read them; and to the BUYER. bankers’ draft made payable to US (or, at OUR option, (b) the physical condition of the LOT and what could G4.3 Unless otherwise stated in the SPECIAL CONDITIONS the SELLER’S conveyancer) drawn on an APPROVED reasonably be discovered on inspection of it, whether or the SELLER sells with full title guarantee except that FINANCIAL INSTITUTION (CONDITION A6 may state not the BUYER has inspected it. (and the TRANSFER shall so provide): if WE accept any other form of payment); G1.9 The BUYER admits that it is not relying on the (a) the covenant set out in section 3 of the Law of (b) may be declined by US unless drawn on YOUR information contained in the PARTICULARS or on any Property (Miscellaneous Provisions) Act 1994 shall not account, or that of the BUYER, or of another person representations made by or on behalf of the SELLER but extend to matters recorded in registers open to public who (we are satisfied) would not expose US to a breach the BUYER may rely on the SELLER’S conveyancer’s inspection; these are to be treated as within the actual of money laundering regulations; written replies to written enquiries to the extent stated knowledge of the BUYER; and (c) is to be held by US (or, at OUR option, the SELLER’S in those replies. (b) the covenant set out in section 4(1)(b) of the Law of conveyancer); and Property (Miscellaneous Provisions) Act 1994 shall not (d) is to be held as stakeholder where VAT would be G2 Deposit extend to any condition or tenant’s obligation relating chargeable on the deposit were it to be held as agent for G2.1 The amount of the deposit is the greater of: to the state or condition of the LOT where the LOT is the SELLER, but otherwise is to be held as stakeholder (a) any minimum deposit stated in the AUCTION leasehold property. unless the SALE CONDITIONS require it to be held as CONDUCT CONDITIONS (or the total PRICE, if this is G4.4 The TRANSFER is to have effect as if expressly subject agent for the SELLER. less than that minimum); and to all matters subject to which the LOT is sold under the A5.6 WE may retain the SALE MEMORANDUM signed by (b) 10% of the PRICE (exclusive of any VAT on the CONTRACT. or on behalf of the SELLER until the deposit has been PRICE). G4.5 The SELLER does not have to produce, nor may the received in cleared funds. G2.2 If a cheque for all or part of the deposit is not cleared BUYER object to or make a requisition in relation to, A5.7 Where WE hold the deposit as stakeholder WE are on first presentation the SELLER may treat the any prior or superior title even if it is referred to in the authorised to release it (and interest on it if applicable) CONTRACT as at an end and bring a claim against the DOCUMENTS. to the SELLER on COMPLETION or, if COMPLETION BUYER for breach of CONTRACT. G4.6 The SELLER (and, if relevant, the BUYER) must produce does not take place, to the person entitled to it under G2.3 Interest earned on the deposit belongs to the SELLER to each other such confirmation of, or evidence of, their the SALE CONDITIONS. unless the SALE CONDITIONS provide otherwise. identity and that of their mortgagees and attorneys (if A5.8 If the BUYER does not comply with its obligations under any) as is necessary for the other to be able to comply the CONTRACT then G3 Between CONTRACT and COMPLETION with applicable Money Laundering Regulations and Land (a) YOU are personally liable to buy the LOT even if G3.1 From the CONTRACT DATE the SELLER has no Registry Rules. YOU are acting as an agent; and obligation to insure the LOT and the BUYER bears all (b) YOU must indemnify the SELLER in respect of any risks of loss or damage unless G5 TRANSFER loss the SELLER incurs as a result of the BUYER’s (a) the LOT is sold subject to a TENANCY that requires G5.1 Unless a form of TRANSFER is prescribed by the default. the SELLER to insure the LOT or SPECIAL CONDITIONS A5.9 Where the BUYER is a company YOU warrant that the (b) the SPECIAL CONDITIONS require the SELLER to (a) the BUYER must supply a draft TRANSFER to the BUYER is properly constituted and able to buy the LOT. insure the LOT. SELLER at least ten BUSINESS DAYS before the G3.2 If the SELLER is required to insure the LOT then AGREED COMPLETION DATE and the engrossment A6 Extra Auction Conduct Conditions the SELLER (signed as a deed by the BUYER if CONDITION G5.2 A6.1 Despite any SPECIAL CONDITION to the contrary the (a) must produce to the BUYER on request all relevant applies) five BUSINESS DAYS before that date or (if minimum deposit WE accept is £...... (or the total PRICE, insurance details; later) two BUSINESS DAYS after the draft has been if less). A SPECIAL CONDITION may, however, require (b) must use reasonable endeavours to maintain that or approved by the SELLER; and a higher minimum deposit. equivalent insurance and pay the premiums when due; (b) the SELLER must approve or revise the draft (c) gives no warranty as to the adequacy of the TRANSFER within five BUSINESS DAYS of receiving it General Conditions of Sale insurance; from the BUYER. (d) must at the request of the BUYER use reasonable G5.2 If the SELLER has any liability (other than to the Words in bold green type have special meanings, which are endeavours to have the BUYER’s interest noted on the BUYER) in relation to the LOT or a TENANCY following defined in the Glossary. policy if it does not cover a contracting purchaser; COMPLETION, the BUYER is specifically to covenant in (e) must, unless otherwise agreed, cancel the insurance the TRANSFER to indemnify the SELLER against that The GENERAL CONDITIONS (as WE supplement or change at COMPLETION, apply for a refund of premium and liability. them by any EXTRA GENERAL CONDITIONS or ADDENDUM) (subject to the rights of any tenant or other third party) G5.3 The SELLER cannot be required to TRANSFER the LOT are compulsory but may be disapplied or changed in relation to pay that refund to the BUYER; and to anyone other than the BUYER, or by more than one one or more LOTS by SPECIAL CONDITIONS. The template (f) (subject to the rights of any tenant or other third party) TRANSFER. form of SALE MEMORANDUM is not compulsory but is to hold on trust for the BUYER any insurance payments G5.4 Where the SPECIAL CONDITIONS state that the be varied only if WE agree. The template forms of SPECIAL that the SELLER receives in respect of loss or damage SELLER is to grant a new lease to the BUYER CONDITIONS and schedules are recommended, but are not arising after the CONTRACT DATE, or assign to the (a) the CONDITIONS are to be read so that the compulsory and may be changed by the SELLER of a LOT. BUYER the benefit of any claim; and theBUYER must TRANSFER refers to the new lease, the SELLER to on COMPLETION reimburse to the SELLER the cost the proposed landlord and the BUYER to the proposed G1 The LOT of that insurance as from the CONTRACT DATE (to tenant; G1.1 The LOT (including any rights to be granted or reserved, the extent not already paid by the BUYER or a tenant or (b) the form of new lease is that described by the and any exclusions from it) is described in the SPECIAL other third party). SPECIAL CONDITIONS; and CONDITIONS, or if not so described is that referred to G3.3 No damage to or destruction of the LOT, nor any (c) the SELLER is to produce, at least five BUSINESS in the SALE MEMORANDUM. deterioration in its condition, however caused, entitles DAYS before the AGREED COMPLETION DATE, the G1.2 The LOT is sold subject to any TENANCIES disclosed the BUYER to any reduction in PRICE, or to delay engrossed counterpart lease, which the BUYER is to by the SPECIAL CONDITIONS, but otherwise with COMPLETION, or to refuse to complete. sign and deliver to the SELLER on COMPLETION. vacant possession on COMPLETION. G3.4 Section 47 of the Law of Property Act 1925 does not G1.3 The LOT is sold subject to all matters contained or apply to the CONTRACT. G6 COMPLETION referred to in the DOCUMENTS. The SELLER must G3.5 Unless the BUYER is already lawfully in occupation G6.1 COMPLETION is to take place at the offices of the discharge FINANCIAL CHARGES on or before of the LOT the BUYER has no right to enter into SELLER’S conveyancer, or where the SELLER may COMPLETION. occupation prior to COMPLETION. reasonably require, on the AGREED COMPLETION G1.4 The LOT is also sold subject to such of the following DATE. The SELLER can only be required to complete on as may affect it, whether they arise before or after G4 Title and identity a BUSINESS DAY and between the hours of 0930 and the CONTRACT DATE and whether or not they G4.1 Unless CONDITION G4.2 applies, the BUYER accepts 1700. are disclosed by the SELLER or are apparent from the title of the SELLER to the LOT as at the CONTRACT G6.2 The amount payable on COMPLETION is the inspection of the LOT or from the DOCUMENTS: DATE and may raise no requisition or objection to any balance of the PRICE adjusted to take account of www.markjenkinson.co.uk 33 apportionments plus (if applicable) VAT and interest, (a) the BUYER is liable to pay interest; and which case the SELLER may act reasonably in such a but no other amounts unless specified in the SPECIAL (b) the SELLER has given notice to the BUYER at any way as to avoid that liability; CONDITIONS. time up to COMPLETION requiring apportionment on (b) if the SELLER gives the BUYER notice of the G6.3 Payment is to be made in pounds sterling and only by the date from which interest becomes payable by the SELLER’s intended act and the BUYER does not object (a) direct TRANSFER from the BUYER’s conveyancer to BUYER; in which event income and outgoings are to be within five BUSINESS DAYS giving reasons for the the SELLER’S conveyancer; and apportioned on the date from which interest becomes objection the SELLER may act as the SELLER intends; (b) the release of any deposit held by a stakeholder or in payable by the BUYER. and such other manner as the SELLER’S conveyancer may G10.4 Apportionments are to be calculated on the basis that: (c) the BUYER is to indemnify the SELLER against all agree. (a) the SELLER receives income and is liable loss or liability the SELLER incurs through acting as the G6.4 Unless the SELLER and the BUYER otherwise for outgoings for the whole of the day on which BUYER requires, or by reason of delay caused by the agree, COMPLETION cannot take place until both apportionment is to be made; BUYER. have complied with the obligations under the (b) annual income and expenditure accrues at an equal CONTRACT that they are obliged to comply with daily rate assuming 365 days in a year (or 366 in a leap G13 Rent deposits prior to COMPLETION, and the amount payable on year), and income and expenditure relating to some G13.1 Where any TENANCY is an assured shorthold COMPLETION is unconditionally received in the other period accrues at an equal daily rate during the TENANCY, the SELLER and the BUYER are to comply SELLER’S conveyancer’s client account or as otherwise period to which it relates; and with their respective statutory duties in relation to the required by the terms of the CONTRACT. (c) where the amount to be apportioned is not known protection of tenants’ deposits, and to demonstrate in G6.5 If COMPLETION takes place after 1400 hours for at COMPLETION apportionment is to be made by writing to the other (before COMPLETION, so far as a reason other than the SELLER’S default it is to reference to a reasonable estimate and further payment practicable) that they have complied. be treated, for the purposes of apportionment and is to be made by SELLER or BUYER as appropriate G13.2 The remainder of this CONDITION G13 applies where calculating interest, as if it had taken place on the next within five BUSINESS DAYS of the date when the the SELLER is holding or otherwise entitled to money BUSINESS DAY. amount is known. by way of rent deposit in respect of a TENANCY. In this G6.6 Where applicable the CONTRACT remains in force G10.5 If a payment due from the BUYER to the SELLER on CONDITION G13 “rent deposit deed” means the deed following COMPLETION. or after COMPLETION is not paid by the due date, or other DOCUMENT under which the rent deposit is the BUYER is to pay interest to the SELLER at the held. G7 Notice to complete INTEREST RATE on that payment from the due date up G13.3 If the rent deposit is not assignable the SELLER must G7.1 The SELLER or the BUYER may on or after to and including the date of payment. on COMPLETION hold the rent deposit on trust for the the AGREED COMPLETION DATE but before BUYER and, subject to the terms of the rent deposit COMPLETION give the other notice to complete within G11. ARREARS deed, comply at the cost of the BUYER with the ten BUSINESS DAYS (excluding the date on which the Part 1 – Current rent BUYER’s lawful instructions. notice is given) making time of the essence. G11.1 “Current rent” means, in respect of each of the G13.4 Otherwise the SELLER must on COMPLETION pay G7.2 The person giving the notice must be READY TO TENANCIES subject to which the LOT is sold, the and assign its interest in the rent deposit to the BUYER COMPLETE. instalment of rent and other sums payable by the tenant under an assignment in which the BUYER covenants G7.3 If the BUYER fails to comply with a notice to complete on the most recent rent payment date on or within four with the SELLER to: the SELLER may, without affecting any other remedy months preceding COMPLETION. (a) observe and perform the SELLER’s covenants and the SELLER has: G11.2 If on COMPLETION there are any ARREARS of current conditions in the rent deposit deed and indemnify the (a) terminate the CONTRACT; rent the BUYER must pay them, whether or not SELLER in respect of any breach; (b) claim the deposit and any interest on it if held by a details of those ARREARS are given in the SPECIAL (b) give notice of assignment to the tenant; and stakeholder; CONDITIONS. (c) give such direct covenant to the tenant as may be (c) forfeit the deposit and any interest on it; G11.3 Parts 2 and 3 of this CONDITION G11 do not apply to required by the rent deposit deed. (d) resell the LOT; and ARREARS of current rent. (e) claim damages from the BUYER. G14 VAT G7.4 If the SELLER fails to comply with a notice to complete Part 2 – BUYER to pay for ARREARS G14.1 Where a SALE CONDITION requires money to be the BUYER may, without affecting any other remedy the G11.4 Part 2 of this CONDITION G11 applies where the paid or other consideration to be given, the payer must BUYER has: SPECIAL CONDITIONS give details of ARREARS. also pay any VAT that is chargeable on that money or (a) terminate the CONTRACT; and G11.5 The BUYER is on COMPLETION to pay, in addition consideration, but only if given a valid VAT invoice. (b) recover the deposit and any interest on it from the to any other money then due, an amount equal to all G14.2 Where the SPECIAL CONDITIONS state that no VAT SELLER or, if applicable, a stakeholder. ARREARS of which details are set out in the SPECIAL OPTION has been made the SELLER confirms that CONDITIONS. none has been made by it or by any company in the G8 If the CONTRACT is brought to an end G11.6 If those ARREARS are not OLD ARREARS the SELLER same VAT group nor will be prior to COMPLETION. If the CONTRACT is lawfully brought to an end: is to assign to the BUYER all rights that the SELLER has (a) the BUYER must return all papers to the SELLER and to recover those ARREARS. G15 TRANSFER as a going concern appoints the SELLER its agent to cancel any registration G15.1 Where the SPECIAL CONDITIONS so state: of the CONTRACT; and Part 3 – BUYER not to pay for ARREARS (a) the SELLER and the BUYER intend, and will take all (b) the SELLER must return the deposit and any interest G11.7 Part 3 of this CONDITION G11 applies where the practicable steps (short of an appeal) to procure, that the on it to the BUYER (and the BUYER may claim it from SPECIAL CONDITIONS sale is treated as a TRANSFER of a going concern; and the stakeholder, if applicable) unless the SELLER is (a) so state; or (b) this CONDITION G15 applies. entitled to forfeit the deposit under CONDITION G7.3. (b) give no details of any ARREARS. G15.2 The SELLER confirms that the SELLER: G11.8 While any ARREARS due to the SELLER remain unpaid (a) is registered for VAT, either in the SELLER’S name G9 Landlord’s licence the BUYER must: or as a member of the same VAT group; and G9.1 Where the LOT is or includes leasehold land and licence (a) try to collect them in the ordinary course of (b) has (unless the sale is a standard-rated supply) made to assign or sublet is required this CONDITION G9 management but need not take legal proceedings or in relation to the LOT a VAT OPTION that remains valid applies. forfeit the TENANCY; and will not be revoked before COMPLETION. G9.2 The CONTRACT is conditional on that licence being (b) pay them to the SELLER within fiveBUSINESS G15.3 The BUYER confirms that obtained, by way of formal licence if that is what the DAYS of receipt in cleared funds (plus interest at the (a) it is registered for VAT, either in the BUYER’S name landlord lawfully requires. INTEREST RATE calculated on a daily basis for each or as a member of a VAT group; G9.3 The AGREED COMPLETION DATE is not to be earlier subsequent day’s delay in payment); (b) it has made, or will make before COMPLETION, a than the date five BUSINESS DAYS after the SELLER (c) on request, at the cost of the SELLER, assign to VAT OPTION in relation to the LOT and will not revoke has given notice to the BUYER that licence has been the SELLER or as the SELLER may direct the right to it before or within three months after COMPLETION; obtained (“licence notice”). demand and sue for OLD ARREARS, such assignment (c) article 5(2B) of the Value Added Tax (Special G9.4 The SELLER must to be in such form as the SELLER’S conveyancer may Provisions) Order 1995 does not apply to it; and (a) use all reasonable endeavours to obtain the licence at reasonably require; (d) it is not buying the LOT as a nominee for another the SELLER’S expense; and (d) if reasonably required, allow the SELLER’S person. (b) enter into any Authorised Guarantee Agreement conveyancer to have on loan the counterpart of any G15.4 The BUYER is to give to the SELLER as early as (“AGA”) properly required (procuring a guarantee of that TENANCY against an undertaking to hold it to the possible before the AGREED COMPLETION DATE AGA if lawfully required by the landlord). BUYER’s order; evidence G9.5 The BUYER must promptly (e) not without the consent of the SELLER release any (a) of the BUYER’S VAT registration; (a) provide references and other relevant information; tenant or surety from liability to pay ARREARS or accept (b) that the BUYER has made a VAT OPTION; and and a surrender of or forfeit any TENANCY under which (c) that the VAT OPTION has been notified in writing (b) comply with the landlord’s lawful requirements. ARREARS are due; and to HM Revenue and Customs; and if it does not G9.6 If within three months of the CONTRACT DATE (or (f) if the BUYER disposes of the LOT prior to recovery produce the relevant evidence at least two BUSINESS such longer period as the SELLER and BUYER agree) of all ARREARS obtain from the BUYER’S successor in DAYS before the AGREED COMPLETION DATE, the SELLER has not given licence notice to the BUYER title a covenant in favour of the SELLER in similar form CONDITION G14.1 applies at COMPLETION. the SELLER or the BUYER may (if not then in breach of to part 3 of this CONDITION G 11. G15.5 The BUYER confirms that after COMPLETION the any obligation under this CONDITION G9) by notice to G11.9 Where the SELLER has the right to recover ARREARS BUYER intends to the other terminate the CONTRACT at any time before it must not without the BUYER’S written consent bring (a) retain and manage the LOT for the BUYER’S own the SELLER has given licence notice. That termination insolvency proceedings against a tenant or seek the benefit as a continuing business as a going concern is without prejudice to the claims of either SELLER or removal of goods from the LOT. subject to and with the benefit of the TENANCIES; and BUYER for breach of this CONDITION G9. (b) collect the rents payable under the TENANCIES and G12 Management charge VAT on them. G10 Interest and apportionments G12.1 This CONDITION G12 applies where the LOT is sold G15.6 If, after COMPLETION, it is found that the sale of the G10.1 If the ACTUAL COMPLETION DATE is after the subject to TENANCIES. LOT is not a TRANSFER of a going concern then: AGREED COMPLETION DATE for any reason other G12.2 The SELLER is to manage the LOT in accordance (a) the SELLER’s conveyancer is to notify the BUYER’s than the SELLER’S default the BUYER must pay with its standard management policies pending conveyancer of that finding and provide a VAT invoice in interest at the INTEREST RATE on the money due from COMPLETION. respect of the sale of the LOT; the BUYER at COMPLETION for the period starting on G12.3 The SELLER must consult the BUYER on all (b) the BUYER must within five BUSINESS DAYS of the AGREED COMPLETION DATE and ending on the management issues that would affect the BUYER receipt of the VAT invoice pay to the SELLER the VAT ACTUAL COMPLETION DATE. after COMPLETION (such as, but not limited to, due; and G10.2 Subject to CONDITION G11 the SELLER is not obliged an application for licence; a rent review; a variation, (c) if VAT is payable because the BUYER has not to apportion or account for any sum at COMPLETION surrender, agreement to surrender or proposed complied with this CONDITION G15, the BUYER unless the SELLER has received that sum in cleared forfeiture of a TENANCY; or a new TENANCY or must pay and indemnify the SELLER against all costs, funds. The SELLER must promptly pay to the BUYER agreement to grant a new TENANCY) and: interest, penalties or surcharges that the SELLER incurs after COMPLETION any sum to which the BUYER (a) the SELLER must comply with the BUYER’s as a result. is entitled that the SELLER subsequently receives in reasonable requirements unless to do so would (but for cleared funds. the indemnity in paragraph (c)) expose the SELLER to a G10.3 Income and outgoings are to be apportioned at the liability that the SELLER would not otherwise have, in ACTUAL COMPLETION DATE unless:
34 www.markjenkinson.co.uk G16 Capital allowances G22 Service Charge (b) use all reasonable endeavours to conclude any G16.1 This CONDITION G16 applies where the SPECIAL G22.1 This CONDITION G22 applies where the LOT is sold proceedings or negotiations for the renewal of the CONDITIONS state that there are capital allowances subject to TENANCIES that include service charge TENANCY and the determination of any interim rent as available in respect of the LOT. provisions. soon as reasonably practicable at the best rent or rents G16.2 The SELLER is promptly to supply to the BUYER G22.2 No apportionment is to be made at COMPLETION in reasonably obtainable; and all information reasonably required by the BUYER respect of service charges. (c) if any increased rent is recovered from the tenant in connection with the BUYER’s claim for capital G22.3 Within two months after COMPLETION the SELLER (whether as interim rent or under the renewed allowances. must provide to the BUYER a detailed service TENANCY) account to the SELLER for the part of G16.3 The value to be attributed to those items on which charge account for the service charge year current on that increase that relates to the SELLER’S period of capital allowances may be claimed is set out in the COMPLETION showing: ownership of the LOT within five BUSINESS DAYS of SPECIAL CONDITIONS. (a) service charge expenditure attributable to each receipt of cleared funds. G16.4 The SELLER and BUYER agree: TENANCY; G24.5 The SELLER and the BUYER are to bear their own costs (a) to make an election on COMPLETION under Section (b) payments on account of service charge received in relation to the renewal of the TENANCY and any 198 of the Capital Allowances Act 2001 to give effect to from each tenant; proceedings relating to this. this CONDITION G16; and (c) any amounts due from a tenant that have not been (b) to submit the value specified in the SPECIAL received; G25 Warranties CONDITIONS to HM Revenue and Customs for (d) any service charge expenditure that is not attributable G25.1 Available warranties are listed in the SPECIAL the purposes of their respective capital allowance to any TENANCY and is for that reason irrecoverable. CONDITIONS. computations. G22.4 In respect of each TENANCY, if the service charge G25.2 Where a warranty is assignable the SELLER must: account shows: (a) on COMPLETION assign it to the BUYER and give G17 Maintenance agreements (a) that payments that the tenant has made on account notice of assignment to the person who gave the G17.1 The SELLER agrees to use reasonable endeavours to exceed attributable service charge expenditure, the warranty; and TRANSFER to the BUYER, at the BUYER’s cost, the SELLER must pay to the BUYER an amount equal (b) apply for (and the SELLER and the BUYER must benefit of the maintenance agreements specified in the to that excess when it provides the service charge use all reasonable endeavours to obtain) any consent to SPECIAL CONDITIONS. account; or assign that is required. If consent has not been obtained G17.2 The BUYER must assume, and indemnify the SELLER (b) that attributable service charge expenditure exceeds by COMPLETION the warranty must be assigned within in respect of, all liability under such agreements from the payments made on account, the BUYER must use all fiveBUSINESS DAYS after the consent has been ACTUAL COMPLETION DATE. reasonable endeavours to recover the shortfall from obtained. the tenant as soon as practicable and promptly pay the G25.3 If a warranty is not assignable the SELLER must after G18 Landlord and Tenant Act 1987 amount so recovered to the SELLER; but in respect of COMPLETION: G18.1 This CONDITION G18 applies where the sale is a payments on account that are still due from a tenant (a) hold the warranty on trust for the BUYER; and relevant disposal for the purposes of part I of the CONDITION G11 (ARREARS) applies. (b) at the BUYER’s cost comply with such of the lawful Landlord and Tenant Act 1987 G22.5 In respect of service charge expenditure that is not instructions of the BUYER in relation to the warranty G18.2 The SELLER warrants that the SELLER has complied attributable to any TENANCY the SELLER must pay as do not place the SELLER in breach of its terms or with sections 5B and 7 of that Act and that the requisite the expenditure incurred in respect of the period before expose the SELLER to any liability or penalty. majority of qualifying tenants has not accepted the offer. ACTUAL COMPLETION DATE and the BUYER must pay the expenditure incurred in respect of the period G26 No assignment G19 Sale by PRACTITIONER after ACTUAL COMPLETION DATE. Any necessary The BUYER must not assign, mortgage or otherwise G19.1 This CONDITION G19 applies where the sale is by a monetary adjustment is to be made within five TRANSFER or part with the whole or any part of the PRACTITIONER either as SELLER or as agent of the BUSINESS DAYS of the SELLER providing the service BUYER’S interest under this CONTRACT. SELLER. charge account to the BUYER. G19.2 The PRACTITIONER has been duly appointed and is G22.6 If the SELLER holds any reserve or sinking fund on G27 Registration at the Land Registry empowered to sell the LOT. account of future service charge expenditure or a G27.1 This CONDITION G27.1 applies where the LOT is G19.3 Neither the PRACTITIONER nor the firm or any member depreciation fund: leasehold and its sale either triggers first registration or of the firm to which the PRACTITIONER belongs (a) the SELLER must pay it (including any interest is a registrable disposition. The BUYER must at its own has any personal liability in connection with the sale earned on it) to the BUYER on COMPLETION; and expense and as soon as practicable: or the performance of the SELLER’s obligations. The (b) the BUYER must covenant with the SELLER to hold (a) procure that it becomes registered at the Land TRANSFER is to include a declaration excluding that it in accordance with the terms of the TENANCIES and Registry as proprietor of the LOT; personal liability. to indemnify the SELLER if it does not do so. (b) procure that all rights granted and reserved by the G19.4 The LOT is sold lease under which the LOT is held are properly noted (a) in its condition at COMPLETION; G23 Rent reviews against the affected titles; and (b) for such title as the SELLER may have; and G23.1 This CONDITION G23 applies where the LOT is sold (c) provide the SELLER with an official copy of the (c) with no title guarantee; and the BUYER has no right subject to a TENANCY under which a rent review due register relating to such lease showing itself registered to terminate the CONTRACT or any other remedy on or before the ACTUAL COMPLETION DATE has not as proprietor. if information provided about the LOT is inaccurate, been agreed or determined. G27.2 This CONDITION G27.2 applies where the LOT incomplete or missing. G23.2 The SELLER may continue negotiations or rent review comprises part of a registered title. The BUYER must at G19.5 Where relevant: proceedings up to the ACTUAL COMPLETION its own expense and as soon as practicable: (a) the DOCUMENTS must include certified copies DATE but may not agree the level of the revised rent (a) apply for registration of the TRANSFER; of those under which the PRACTITIONER is or commence rent review proceedings without the (b) provide the SELLER with an official copy and title appointed, the DOCUMENT of appointment and the written consent of the BUYER, such consent not to be plan for the BUYER’S new title; and PRACTITIONER’S acceptance of appointment; and unreasonably withheld or delayed. (c) join in any representations the SELLER may properly (b) the SELLER may require the TRANSFER to be by G23.3 Following COMPLETION the BUYER must complete make to the Land Registry relating to the application. the lender exercising its power of sale under the Law of rent review negotiations or proceedings as soon as Property Act 1925. reasonably practicable but may not agree the level of G28 Notices and other communications G19.6 The BUYER understands this CONDITION G19 and the revised rent without the written consent of the G28.1 All communications, including notices, must be in agrees that it is fair in the circumstances of a sale by a SELLER, such consent not to be unreasonably withheld writing. Communication to or by the SELLER or the PRACTITIONER. or delayed. BUYER may be given to or by their conveyancers. G23.4 The SELLER must promptly: G28.2 A communication may be relied on if: G20 TUPE (a) give to the BUYER full details of all rent review (a) delivered by hand; or G20.1 If the SPECIAL CONDITIONS state “there are no negotiations and proceedings, including copies of all (b) made electronically and personally acknowledged employees to which TUPE applies”, this is a warranty by correspondence and other papers; and (automatic acknowledgement does not count); or the SELLER to this effect. (b) use all reasonable endeavours to substitute the (c) there is proof that it was sent to the address of the G20.2 If the SPECIAL CONDITIONS do not state “there are BUYER for the SELLER in any rent review proceedings. person to whom it is to be given (as specified in the no employees to which TUPE applies” the following G23.5 The SELLER and the BUYER are to keep each other SALE MEMORANDUM) by a postal service that offers paragraphs apply: informed of the progress of the rent review and have normally to deliver mail the next following BUSINESS (a) The SELLER must notify the BUYER of those regard to any proposals the other makes in relation to it. DAY. employees whose CONTRACTs of employment will G23.6 When the rent review has been agreed or determined G28.3 A communication is to be treated as received: TRANSFER to the BUYER on COMPLETION (the the BUYER must account to the SELLER for any (a) when delivered, if delivered by hand; or “Transferring Employees”). increased rent and interest recovered from the tenant (b) when personally acknowledged, if made This notification must be given to the BUYER not less that relates to the SELLER’S period of ownership within electronically; but if delivered or made after 1700 hours than 14 days before COMPLETION. fiveBUSINESS DAYS of receipt of cleared funds. on a BUSINESS DAY a communication is to be treated (b) The BUYER confirms that it will comply with G23.7 If a rent review is agreed or determined before as received on the next BUSINESS DAY. its obligations under TUPE and any SPECIAL COMPLETION but the increased rent and any interest G28.4 A communication sent by a postal service that offers CONDITIONS in respect of the TRANSFERring recoverable from the tenant has not been received normally to deliver mail the next following BUSINESS Employees. by COMPLETION the increased rent and any interest DAY will be treated as received on the second (c) The BUYER and the SELLER acknowledge that recoverable is to be treated as ARREARS. BUSINESS DAY after it has been posted. pursuant and subject to TUPE, the CONTRACTs of G23.8 The SELLER and the BUYER are to bear their own costs employment between the TRANSFERring Employees in relation to rent review negotiations and proceedings. G29 CONTRACTs (Rights of Third Parties) Act 1999 and the SELLER will TRANSFER to the BUYER on No one is intended to have any benefit under the CONTRACT COMPLETION. G24 TENANCY renewals pursuant to the CONTRACTs (Rights of Third Parties) Act 1999. (d) The BUYER is to keep the SELLER indemnified G24.1 This CONDITION G24 applies where the tenant under a against all liability for the TRANSFERring Employees TENANCY has the right to remain in occupation under after COMPLETION. part II of the Landlord and Tenant Act 1954 (as amended) and references to notices and proceedings are to G30 Extra General G21 Environmental notices and proceedings under that Act. G21.1 This CONDITION G21 only applies where the SPECIAL G24.2 Where practicable, without exposing the SELLER to Conditions CONDITIONS so provide. liability or penalty, the SELLER must not without the written consent of the BUYER (which the BUYER must G21.2 The SELLER has made available such reports as the Auctioneer’s administration fee SELLER has as to the environmental condition of the not unreasonably withhold or delay) serve or respond to any notice or begin or continue any proceedings. The BUYER agrees to pay to the SELLER the amount of £750 LOT and has given the BUYER the opportunity to carry including VAT to the auctioneers by way of an administration fee. out investigations (whether or not the BUYER has read G24.3 If the SELLER receives a notice the SELLER must send those reports or carried out any investigation) and the a copy to the BUYER within five BUSINESS DAYS and BUYER admits that the PRICE takes into account the act as the BUYER reasonably directs in relation to it. environmental condition of the LOT G24.4 Following COMPLETION the BUYER must: G21.3 The BUYER agrees to indemnify the SELLER in respect (a) with the co-operation of the SELLER take immediate of all liability for or resulting from the environmental steps to substitute itself as a party to any proceedings; condition of the LOT. www.markjenkinson.co.uk 35 Chartered Surveyors, Valuers and Auctioneers
Charles Duncan • Janet Hough • Mohammed Mahroof • Philip Dorman • Simon Wortley John Dawes • Nick Wilson • Adrian Little • Ed Pawley • Jake Bond SURVEYS & LAND & COMMERCIAL VALUATIONS DEVELOPMENT Disposal and acquisitions of all types of Reports, surveys, valuations and appraisals Site appraisals and assembly, planning of ce, industrial, retail and investment for all types of residential and commercial guidance, design/layout, specialist reports, properties. properties. sales by private treaty, tender and auction.
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PUBLIC SECTOR + HEALTHCARE AUCTIONS £ SERVICES Covering the Midlands and North of England. Leading regional auctioneers with regular Property consultancy, asset management/ Valuation of GP surgery, pharmacy and dental sales on behalf of all types of private and estates strategies, urban regeneration and premises for PP & SI. institutional clients. community buildings strategies.
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SHEFFIELD 0114 276 0151 CHESTERFIELD 01246 267 565 8 Norfolk Row, Sheffield S1 2PA Dunston Innovation Centre, Chesterfield S41 8NG www.markjenkinson.co.uk