Catalogue 14/09/2016

LOCAL EXPERTISE | NATIONAL COVERAGE

PROPERTY AUCTION CATALOGUE

RDS WINN WA ER A 2 A 0 V 1 A 5 N WEDNESDAY 14 SEPTEMBER 2016 at 2:00 pm •

P • R

O Grosvenor House hotel, 86-90 Park Lane, E P Y E London W1K 7TN R E T H Y T F AU O C E TION HOUS

www.networkauctions.co.uk

NA_Cover_SEPT 16.indd 3 18/08/2016 09:25 VENUE LOCATION

Grosvenor House hotel 86-90 Park Lane. London W1K 7TN

Grosvenor House Hotel is located in Central London’s elegant Mayfair district, on world-famous Park Lane overlooking

Heathrow Express Hyde Park. at Paddington Station 3/4 mile This 5-star hotel was first opened in 1929. It was meticulously restored to the highest standard before reopening as a JW Marriott hotel in 2008, and retains many historic touches, E D G W including the original Lutyens wrought-iron gates that lead into A R E R O A D our elegant forecourt. N E W B

O N D S T R E E T Directions The hotel is approximately Midway between Marble Arch

& Hyde Park Corner. The main entrance, however is on Park

Street (between upper Grosvenor Street and Mount Street) G R E E N S T which runs parallel to Park Lane in a one way direction

W O O D S M E W S towards Oxford Street. UPPER BROOK ST Nearest tube station: C U L R O S S S T Marble Arch

UPPER GROSVENOR TE RT S APRK ST www.marriott.co.uk

T 020 7871 0420 | E [email protected] www.networkauctions.co.uk

introducing THE AUCTION TEAM

Toby Limbrick Stuart Tullah Guy Charrison Stuart Elliott Emma Brooks [email protected] [email protected] [email protected] [email protected] [email protected]

Penny Nichol Richard Worrall Sam Moxon Mark Limebear Mike Day [email protected] [email protected] [email protected] [email protected] [email protected]

NA_Cover_SEPT 16.indd 4 18/08/2016 09:26 www.networkauctions.co.uk

ORDER OF SALE

WEDNESDAY 14 SEPTEMBER 2016 at 2:00 pm Grosvenor House hotel, 86-90 Park Lane, London W1K 7TN

LOT ADDRESS GUIDE PRICE

1 55 Fairby Road, Lee, London, SE12 8JP £199,000+ 2 1 Tone Hill, Tonedale, Wellington, Somerset, TA21 0AU £19,000+ 3 181 Cromwell Road, Hounslow, Middlesex, TW3 3QW £390,000+ 4 35 Bedford Road, Barton-le-Clay, Bedfordshire, MK45 4LL £105,000-£110,000 5 Bury Farm, Sharpenhoe Road, Streatley, Luton, Bedfordshire, LU3 3PS £290,000+ 6 the Coach House, 98 Fareham Road, Gosport, Hampshire, PO13 0AG £360,000+ 7 13 Cameron Close, Warley, Brentwood, Essex, CM14 5BX £265,000+ 8 64 - 70 High Street, Potters Bar, Hertfordshire, EN6 5AB £295,000+ 9 Progress House, Leek New Road, Cobridge, Stoke-on-Trent, ST6 2AS £50,000 10 33 A Alanbrooke, Gravesend, Kent, DA12 1NA £200,000+ 11 32 Solway Close, Hounslow, Middlesex, TW4 7DH £215,000-£225,000 12 Plot 25 to the rear of 53-91 Watling Street, Hints, Tamworth, Staffordshire, B78 3DF Nil Reserve 13 Plot 26 to the rear of 53-91 Watling Street, Hints, Tamworth, Staffordshire, B78 3DF Nil Reserve 14 Plot 2 Old School House, Chudleigh, Newton Abbot, Devon, TQ13 0PZ £175,000-£195,000 15 20 Souther Cross, Good Easter, Chelmsford, Essex, CM1 4RX £240,000+ 16 570-572 High Road, Wembley, London, Middlesex, HA0 2AA £1,250,000+ 17 35a Bedford Road, Barton-le-Clay, Bedfordshire, MK45 4LL £69,000+ 18 119 Hunt Road, Southall, Middlesex, UB2 4RS £200,000+ 19 3 Kinnaird Close, Bromley, London, Kent, BR1 4HJ £525,000+ 20 the White Horse, 29 Boutport Street, Barnstaple, Devon, EX31 1RP £195,000+ 21 32 Mount Grove, Edgware, Middlesex, HA8 9SX £460,000+ 22 35 Bedford Road, Barton-le-Clay, Bedfordshire, MK45 4LL £7,500+ 23 the Plough Inn, 187 - 189 Bulford Road, Durrington, Salisbury, Wiltshire, SP4 8HB £225,000+ 24 silver Birch, Shutta Road, Looe, Cornwall, PL13 1HW £250,000+ 25 14 Forum Green, Dorchester, Dorset, DT1 2RL £150,000+ 26 72 & 72a Thistleberry Avenue, Newcastle-under-Lyme, Staffordshire, ST5 2LT £210,000 - £220,000 27 Plot 27 to the rear of 53-91 Watling Street, Hints, Tamworth, Staffordshire, B78 3DF Nil Reserve 28 Plot 28 to the rear of 53-91 Watling Street, Hints, Tamworth, Staffordshire, B78 3DF Nil Reserve 29 Plot 29 to the rear of 53-91 Watling Street, Hints, Tamworth, Staffordshire, B78 3DF Nil Reserve 30 seven Stars Inn, Fore Street, South Tawton, Okehampton, Devon, EX20 2LW £255,000+ 31 land at Summerbank Road, Tunstall, Stoke-on-Trent, ST6 5HA £75,000 32 17 Waterloo Road, Mablethorpe, Lincolnshire, LN12 1JR £177,000+ 33 tresleigh, Polkirt Hill, Mevagissey, Cornwall, PL26 6UX £275,000 - £295,000 34 50 Cemetery Road, Willenhall, West Midlands, WV13 1DQ £60,000+ 35 second Cottage, Staithe Road, West Somerton, Great Yarmouth, Norfolk, NR29 4AB £99,000+ 36 42A Watling Avenue, Edgware, Middlesex, HA8 0LT £150,000+

1 IMPORTANT NOTES FOR AUCTION BIDDERS

These notes and the Conditions of Sale of each lot are available at the auctioneers’ office. Prospective buyers and their legal advisors should read them carefully. Both the auctioneers and their seller clients have taken all reasonable steps to ensure that the properties in this catalogue are fairly described and that every opportunity has been given to enable prospective buyers to make the necessary enquiries and investigations prior to the auction. Details of the seller’s solicitors are available upon request.

Deposit: shown as a range of prices above which the Administration Charge: At auction the fall of the gavel creates a reserve price will not be set, or as a single An administration charge of £750 + vat binding contract and we, as auctioneers, figure within 10% of which the reserve price will applies to each lot. This is paid by the buyer immediately require a deposit of 10% of the be set. Both the guide price and reserve price in the saleroom immediately after the lot purchase price (subject to a minimum of can be subject to change at any time prior to has been ‘knocked down’. In the event of £2,500). This deposit can be paid by cheque, the auction commencing. non-payment of the administration charge a banker’s draft or debit card. Payments by A reserve price is the minimum price at which deduction of £750 + vat will be made from the credit card or cash cannot be accepted the seller allows the auctioneers to sell the lot buyer’s deposit and this will need to be ‘made up’ by the buyer prior to completion. Telephone, Proxy and Internet Bidding: at. It remains confidential between the seller We are pleased to be able to offer remote and the auctioneers. Legal Documents & Additional Costs: bidding to anyone who is unable to attend Particulars of Sale: It is essential that bidders check the legal the saleroom. Remote bidding can be by documents prior to bidding and take Bidders should check the particulars relating to telephone, proxy and at our London saleroom professional advice. Special conditions of sale any lot for which they intend to bid and ensure by internet. Please download and complete can contain additional costs (that is costs over that they are satisfied with the accuracy of all the remote bidding form that is available on and above the price that the lot is ‘knocked measurements, areas, details, leases and other our website. Please note this form must be down’ at) and bidders are deemed to be matters referred to in the particulars of the lot delivered to our office no later than twenty aware of any additional costs prior to bidding. or the conditions of sale and all other matters four hours prior to the auction and must be subject to which the properties are sold or accompanied by identification documents, Rents, Information Regarding Tenants & have the benefit of. Bidders should check that the 10% deposit and the auctioneers’ Price Estimates: any contents, fixtures or fittings described as administration fee. Any estimates provided by the auctioneers included in the sale and are the property of the regarding the price at which a property may Prior Sales & Withdrawn Lots: seller. This should be done by inspecting the be sold cannot be accepted by a buyer as Prospective buyers should contact us prior to property and by making the necessary enquiries advice or any form of valuation. Any estimates the auction to confirm whether a lot has been with the auctioneers, the seller or the sellers’ or suggestions given by the auctioneers sold or withdrawn. We and our clients shall not solicitors. Bidders should make all necessary regarding current or future rental prices must be responsible for any losses or abortive costs searches and enquiries of appropriate bodies not be relied upon as a valuation, but merely incurred by prospective buyers against lots including local authorities and service providers. as estimates for guidance purpose only. that are withdrawn or sold prior to the auction. All measurements and areas referred to in the particulars are approximate. Bidders will Addendum & Auctioneer’s Definition of ‘Guide Price’ & be considered to have inspected the relevant Announcements: ‘Reserve Price’: property and have made all necessary and Amendments to the catalogue particulars A guide price is an indication of the seller’s appropriate enquiries and searches. or conditions of sale (addendum) will be current minimum acceptable sale price. The displayed in the saleroom and will be read by guide price, or range of guide prices, is given Sale of Property & Completion: the Auctioneer at the commencement of the to assist interested parties in deciding whether Bidders should note that a legally enforceable auction. Addendum form part of the contract or not to pursue their interest. It is usual, but contract of sale of the relevant property on the of sale and the addendum sheet may have to not always the case, that a provisional reserve terms set out in these notices and the general be signed by the buyer. Bidders are deemed price is set by the seller prior to the catalogue and special conditions of sale is created to be aware of any addendum and any other being published. As the reserve price may not as soon as it has been ‘knocked down’ to announcements made by the Auctioneer, be fixed at this stage, and can be adjusted by the bidder by the auctioneer. Completion is and bid subject to these. It is important the seller at any time prior to auction, a guide required twenty working days after the auction therefore to arrive at the saleroom prior to the price is published. This guide price can be date, unless specified otherwise. commencement of the auction.

NA_EiG Internet Viewing_NA_EiG Internet Viewing 31/05/2011 17:09 Page 1

Internet Viewing - Additional Auction Service - Internet Viewing

Visit www.eigroup.co.uk and select ‘Online Auctions’. Choose the auction and then ‘Viewing Gallery’. You will then see details of the lot being offered and can watch the bidding as it happens. It is not possible to bid using this service.

The Essential Information Group Ltd Tel: 0870 112 30 40

2 www.networkauctions.co.uk

IDENTIFICATION DOCUMENTS

Important Notice Money Laundering Regulations 2003 came into effect on the 1st March 2004.

As a requirement under this legislation, Identity Documents Evidence of Address any person buying or bidding at auction, • Current signed Passport • Local Authority tax bill (current year) MUST produce documentation to • A utility bill issued within the last confirm their name and residential • Current full UK Photo Card 3 months address. Please find below a schedule Driving Licence of acceptable documentation. • Current full UK Driving Licence • Current full UK Driving Licence (old version) (Provisional driving (old version) (Provisional driving You must provide one document licence will not be accepted) from each list. licence will not be accepted) • Bank Building Society or Credit Please note that a driving licence can be • Resident Permit issued by the Home Union Statement Office toEU Nationals used as evidence for one or the other • Most recent original mortgage BUT NOT BOTH. • Inland Revenue Tax Notification statement from a UK lender • Firearms Certificate

pre-auction offers

Pre-auction offers must be submitted in writing to the Auctioneers’ office by letter or e.mail, including name, address, telephone number and details of solicitors. Any pre-auction offer received is assumed to be a ‘best offer’ and no guarantee is given that there will be an opportunity to increase or review the offer should it not be accepted or should a better offer be received. Pre-auction offers can only be considered on the basis of an exchange of contracts prior to auction with a 10% deposit and payment of the auctioneers’ administration fee. If an offer is accepted the lot will not be withdrawn from the catalogue or advertising programme until exchange of contracts has taken place.

catalogue mailing list

Printed Catalogues Email Printed catalogues are available for each auction. We charge £15.00 plus VAT Email subscribers receive every for a 12 month subscription, catalogues are sent by first class post. catalogue, notification of changes to price guides and details of properties To join the mailing list please complete the attached form and return it to us with your cheque for £18.00 made payable to Network Auctions Ltd. that may be available prior to or outside auction. This service is free of charge, register at Title (Mr / Mrs / Ms) ...... www.networkauctions.co.uk

First Name...... Website A PDF of the catalogue can be downloaded in full from the Network Surname...... Auctions website approximately 3 weeks prior to the auction. This service is free of charge. Address ......

......

Tel No...... 133 The Parade, Watford, Mobile...... Hertfordshire WD17 1NA

3 LOT LONDON GUIDE PRICE: 1 55 FAIRBY ROAD, LEE, SE12 8JP £199,000+

By order of the executor A spacious, purpose built split level maisonette (828 sq ft, source EPC) with garage requiring cosmetic refurbishment, vacant. Description/Location: The property is situated in the popular Courtlands development bordering Blackheath village, Kiddbrook station 0.5 miles, Lee station 0.6 miles. Generous accommodation across 3 floors with potential to reconfigure the spacious master bedroom creating a 3 bedroom layout. Accommodation: Ground Floor: Entrance hall with stairs to the first floor. Second Floor: Spacious living room with bay window, dining room, kitchen. Second Floor: Landing, 2 double bedrooms, bathroom. Outside: Garage, nearby in a block. Tenure: Leasehold: 99 years less 3 days from 05/07/1959 To View: Please contact Network Auctions on 020 7871 0420 Local Authority: Greenwich Council 020 8854 8888 www.royalgreenwich.gov.uk Energy

COMMERCIAL & DOMESTIC EPCs NATIONWIDE COVERAGE IMMEDIATE RESPONSE

Domestic EPCs For quotes contact us: from £40 +VAT 0207 871 0420 Commercial EPCs [email protected] from £95 +VAT

4 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT WELLINGTON GUIDE PRICE: 2 1 TONE HILL, TONEDALE, SOMERSET, TA21 0AU £19,000+

Freehold shop in a good residential location with development potential (subject to planning) Vacant Description/Location: Interest is expected from those looking for a lock up shop or small commercial premises as well as those who would look to gain a consent to convert the property to residential accommodation. Accommodation: Ground floor: Retail area, office area, cloakroom area. Approximately 338 sq ft in total. Outside Parking for one vehicle Tenure: Freehold To View: Please contact Gibbins Richards on 01823 663311 Local Authority: Taunton Deane Borough Council 01823 356356 www.tauntondeane.gov.uk On the fall of the gavel and in addition to the deposit and buyers administration fee the buyer will pay the auctioneer £600 including VAT as a contribution towards the sellers auction costs.

5 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT GUIDE PRICE: HOUNSLOW £390,000+ 181 CROMWELL ROAD, MIDDLESEX, TW3 3QW Current rent £16,800 pa 3 Estimated rental value £18,600 pa

Freehold terraced house close to Hounslow station tenanted producing £16,800 pa Description/Location: A good sized mid terraced property situated in a popular residential area with the opportunity to increase the rental income. Hounslow Station 0.4 miles and Hounslow Central tube station 0.7 miles.We understand that the current tenants have been resident since June 1st 2013 but there is no Assured Shorthold Tenancy. Accommodation: Ground floor: Large living room, kitchen, wc. First floor: 3 bedrooms, bathroom Second floor 2 loft rooms Outside: Small garden to front, rear garden Tenure: Freehold To View: Please contact Diamond Move Network Auctions on 020 8577 8855. Local Authority: London Borough of Hounslow 020 8583 5555 www.hounslow.gov.uk

6 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT BARTON-LE-CLAY GUIDE PRICE: 35 BEDFORD ROAD, BEDFORDSHIRE, MK45 4LL £105,000 - £110,000 4 Current Rental Value: £6000 pa

A ground floor 1 bedroom garden flat situated in the village centre, let producing £6000 pa. Description/Location: Situated in the heart of the village. The ground floor flat is let on an AST for 12 months from 08/07/2014 (now periodic) at a rent of £500 pcm. There is a large private rear garden which provides potential to extend the flat subject to planning. Accommodation: Ground Floor: Flat: Entrance hall, living room and kitchen, double bedroom, bathroom. Outside: Private rear garden. Tenure: Leasehold - 99 years from 01/01/2014, ground rent £250 pa. To View: Please contact Elliott Network Auctions on 01923 240420 Local Authority: Central Bedfordshire Council 0300 300 8301 www.centralbedfordshire.gov.uk

7 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT LUTON GUIDE PRICE: BURY FARM, SHARPENHOE ROAD, STREATLEY, £290,000+ 5 BEDFORDSHIRE, LU3 3PS

An attractive and spacious 3 bedroom semi detached period house occupying a site of approximately 0.5 acres with potential for development, vacant. Description/Location: The property is situated in the sought after village of Streatley and enjoys far reaching countryside views to the front and rear. The property is an unfinished project and requires refurbishment, the large plot faces south west and combined with a derelict outbuilding provides great potential for extension and development subject to planning. Accommodation: Ground Floor: Entrance hall, living room with fireplace, dining room with log burner, kitchen. Cellar: Door and staircase from the entrance hall, excellent storage space, small window to ground level. First Floor: Landing, 3 double bedrooms, bathroom. Outside: Large gravel driveway with parking for multiple vehicles, extensive rear garden with derelict outbuilding. Tenure: Freehold To View: Please contact Elliott Network Auctions on 01923 240420 Local Authority: Central Bedfordshire Council 0300 300 8301 www.centralbedfordshire.gov.uk Japanese Knotweed was previously discovered on site, a horticulturists report is available from the auctioneers on request.

8 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT GOSPORT GUIDE PRICE: THE COACH HOUSE, 98 FAREHAM ROAD, HAMPSHIRE, £360,000+ 6 PO13 0AG

A substantial detached public house (4231 sq ft, source EPC) occupying a site of 0.35 acres, development potential, vacant. Description/Location: The property is situated in a prominent position on Fareham Road with a large car park. Good potential for existing and alternative commercial use or redevelopment of the site subject to planning. Accommodation: Ground Floor: Main bar (120 covers) and servery, commercial kitchen with separate preparation and wash up areas, large beer cellar, dry store, walk in fridge/freezer, customer toilets. First Floor: Living room, kitchen/dining room, 3 bedrooms, bathroom. Outside: The site extends to 0.35 acres with an extensive car park to the side, patio bench seating for 25 covers. Energy Rating: D/92 Tenure: Freehold To View: Please contact Elliott Network Auctions on 020 7871 0420 Local Authority: Gosport Borough Council 023 9258 4242 www.gosport.gov.uk VAT IS APPLICABLE TO THIS LOT

9 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT BRENTWOOD GUIDE PRICE: 7 13 CAMERON CLOSE, WARLEY, ESSEX, CM14 5BX £265,000+

A spacious mid terrace house (969 sq ft, source EPC) with garage and accommodation across 3 floors situated close to Brentwood station, vacant Description/Location: A modern house with generous accommodation arranged over three levels. The property has a balcony providing views over the garden and is located within a central position ideal for commuters. There is a garage in a block. Energy Rating: F/37 Accommodation: Ground floor: Entrance hall, bedroom First floor: Bedroom, bathroom, lobby Second floor: Living room, kitchen/dining room Outside: Rear garden, garage in block Tenure: Freehold To View: Please contact Balgores Network Auctions on 01277 216800. Local Authority: Brentwood Borough Council 01277 312500 www.brentwood.gov.uk

10 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT POTTERS BAR GUIDE PRICE: 64 - 70 HIGH STREET, HERTFORDSHIRE, EN6 5AB £295,000+ 8 Gross Rents: £99,940 pa

A long leasehold mixed use investment, let producing £99,940 pa. Description/Location: The properties are prominently situated at the junction of High Street and Goodacre Close, Potters Bar station 0.7 miles. They front directly onto the High Street and benefit from parking forecourts. Held by way of a FRI lease at a rent of £51,560 pa subject to a review on 25/03/2018 and 7 yearly thereafter assessed at 73.5% of gross rents receivable. Tenure: Leasehold: 99 years expiring 18/08/2067

Address Lessee Type Lease Term Current Rent 64 VIP Nails FRI Until 14 October 2020 (rent review 24.06.16) £9,900 pa 66-68 Dulux Decorating Centre FRI Until 30 April 2027 (rent review 01.05.17) £23,000 pa 66A Technical Detail Limited FRI Until 06 October 2023 (rent review 27.03.18) £14,000 pa 70 Ital Living Limited FRI Until 22 March 2031 (rent review 22.03.21) £30,000 pa 70A Individual AST - 1 bed maisonette To 2 December 2016 £9,900 pa 70B Individual AST - 3 bed maisonette To 31 May 2017 £13,140 pa

Enquiries Please contact Elliott Network Auctions on 01923 240420 Local Authority Hertsmere Borough Council 020 8207 2277 www.hertsmere.gov.uk

11 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT STOKE-ON-TRENT GUIDE PRICE: 9 PROGRESS HOUSE, LEEK NEW ROAD, COBRIDGE, ST6 2AS £50,000

Freehold Three Storey Office Building Description/Location: Progress House is a purpose built three storey office building occupying a prominent position at the corner of Leek New Road and Sandbach Road.

Subject to planning permission it may be possible to convert the building to six residential flats and plans drawn up on behalf of the current owners are available from the auctioneers.

This lot is offered with vacant possession and is not subject to VAT.

The property is around 1.6 miles north east of the Stoke D Road (A500) which is a dual carriageway that connects to both junction 15 & 16 of the M6. Accommodation:

© Crown copyright and database rights 2015 OS 100047514 Poweredby TCPDF (www.tcpdf.org) To each of the three floors there is a hallway, six offices/rooms and wc facilities. The flexible accommodation can be let as a whole or potentially divided into smaller office letting units.

To each floor there is accommodation of around 1,150 sq.ft (107 sq.m). The total area is therefore around 3,450 sq.ft (321 sq.m). Tenure: Freehold.

Viewing can be arranged with the auctioneers' Birmingham office at 0121-456-1700.

12 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT GUIDE PRICE: GRAVESEND £200,000+ 10 33A ALANBROOKE, KENT, DA12 1NA Estimated Rental Value: £15,000 pa

A 4 bedroom detached bungalow of timber construction 1098 sq ft (source EPC), vacant Description/Location: The property is located approximately 1.4 miles from Gravesend town centre with its wide range of shopping, schooling and social amenities. High speed rail services operate from Gravesend to London St Pancras with a journey time of 25 minutes. Ebbsfleet International station is under 4 miles away. Accommodation: Ground floor: Entrance hall, living room, kitchen, 3 bedrooms, utility/bedroom 4, bathroom. Outside: Good sized attached garage, gardens. Energy Rating: D/64 Tenure: Freehold To View: Please contact Balgores Network Auctions 01474 369955 Local Authority: Gravesend Borough Council 01474 564422 www.gravesham.gov.uk

13 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT GUIDE PRICE: HOUNSLOW £215,000 - £225,000 11 32 SOLWAY CLOSE, MIDDLESEX, TW4 7DH Estimated rental Value : £16,800 pa

Large 2 bedroom ground floor maisonette with garage and garden - Vacant. Description/Location: The property is within easy reach of Hounslow West Tube Station and other transport links with fantastic commute to central London and Heathrow. The maisonette has the advantage of its own garden and garage. Accommodation: Ground floor: Entrance area, living room, kitchen, 2 bedrooms, bathroom. Outside: Rear garden Tenure: Leasehold: 99 years from December 1961. To View: Please contact Diamond Move Network Auctions on 020 8577 8855. Local Authority: London Borough of Hounslow 020 8583 5555 www.hounslow.gov.uk

14 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT TAMWORTH GUIDE PRICE: PLOT 25 TO THE REAR OF 53-91 WATLING STREET, HINTS, Nil Reserve 12 STAFFORDSHIRE, B78 3DF Freehold plot in Hints village, vacant. Description/Location: This lot comprises a piece of freehold land to the rear of 53-91 Watling Street, Hints. The land may be suitable for a variety of usages, subject to the necessary planning permission. The maps opposite are indicative and a plan showing the precise area of land to be sold will be provided in the legal pack. The plot, which forms part of a larger site with a number of plots, is to the rear of 53-91 Watling Street. 53-91 Watling Street are established houses between School Lane and Hints Lane. Hints is a village around three miles west of Tamworth and two miles east of junction T4 of the M6 Toll motorway. Tenure: Freehold.

© Crown copyright and database rights 2015 OS 100047514 Completion is required twenty one days after exchange of Poweredby TCPDF (www.tcpdf.org) contracts in the auction saleroom. Enquiries: Birmingham Office at 0121 456 1700 Local Authority: Stafford Borough Council 01785 619000 www.staffordbc.gov.uk

LOT TAMWORTH GUIDE PRICE: PLOT 26 TO THE REAR OF 53-91 WATLING STREET, HINTS, Nil Reserve 13 STAFFORDSHIRE, B78 3DF Freehold plot in Hints village, vacant. Description/Location: This lot comprises a piece of freehold land to the rear of 53-91 Watling Street, Hints. The land may be suitable for a variety of usages, subject to the necessary planning permission. The maps opposite are indicative and a plan showing the precise area of land to be sold will be provided in the legal pack. The plot, which forms part of a larger site with a number of plots, is to the rear of 53-91 Watling Street. 53-91 Watling Street are established houses between School Lane and Hints Lane. Hints is a village around three miles west of Tamworth and two miles east of junction T4 of the M6 Toll motorway. Tenure: Freehold. Completion is required twenty one days after exchange of © Crown copyright and database rights 2015 OS 100047514 Poweredby TCPDF (www.tcpdf.org) contracts in the auction saleroom. Enquiries: Birmingham Office at 0121 456 1700 Local Authority: Stafford Borough Council 01785 619000 www.staffordbc.gov.uk

15 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT NEWTON ABBOT GUIDE PRICE: 14 PLOT 2 OLD SCHOOL HOUSE, CHUDLEIGH, DEVON, TQ13 0PZ £175,000 - £195,000

A classic double fronted late Georgian house in need of total renovation. Approximately 3,250 sq ft - Vacant Description/Location: The property is believed to date from around 1840 and is part of the redevelopment of Culver House which includes the conversion of the original barns and outbuildings (8 properties in total) now set within a gated development. Situated in a conservation area in the heart of the town of Chudleigh, the property is close to all the amenities afforded in this sought after South Devon town. Planning was passed by Teignbridge District Council Ref 12/02374/FUL. Accommodation: Proposed Ground Floor: Entrance hall, living room, dining room, breakfast room, kitchen. Proposed First Floor: Master bedroom with en suite, 2 further bedrooms, family bathroom. Proposed Second Floor: 3 further bedrooms, dressing room. Outside: Level front garden, stone walled rear garden enclosed by a high Grade II listed wall to the rear, planning for double parking linhay. Tenure: Freehold To View: For viewings contact Woods Chudleigh on 01626 853940 Local Authority: Teignbridge District Council 01626 361101 www.teignbridge.gov.uk

16 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT CHELMSFORD GUIDE PRICE: 15 20 SOUTHER CROSS, GOOD EASTER, ESSEX, CM1 4RX £240,000+

By order of Chelmer Housing Partnership A 3 bedroom end terrace house (894 sq ft, source EPC) occupying a generous plot of 0.16 acres, development potential, vacant. Description/Location: The property is situated in a sought after village to the west of Chelmsford and provides attractive views across farmland to the rear. There is good potential to extend to the rear creating a substantial family home or for conversion to flats subject to planning. Accommodation: Ground Floor: Entrance hall, sitting room, kitchen / dining room, bathroom. First Floor: Landing, 3 bedrooms. Outside: Front garden with off street parking, rear garden extends approximately 110 ft. Energy Rating: D/65 Tenure: Freehold To View: Please contact Elliott Network Auctions on 020 7871 0420 Local Authority: Chelmsford City Council 01245 606606 www.chelmsford.gov.uk

17 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT LONDON GUIDE PRICE: 16 570-572 HIGH ROAD, WEMBLEY, MIDDLESEX, HA0 2AA £1,250,000+

A freehold development opportunity comprising prime commercial premises with planning consent for the erection of 6 flats above, vacant. Description/Location: The property comprises former bank premises arranged across ground, lower ground and basement floors. At ground level the building fronts Wembley High Road and is situated between Lloyds Bank and William Hill. To the rear, access is via Market Way with office/workshop accommodation on the 2 lower floors. Planning permission was granted by Brent Council Ref: 16/1107 on 08/06/2016 for the construction of 3 additional floors to provide 6 x 1 bedroom flats with conversion of the existing building to provide a large retail unit and 2 self contained office units. We believe there is potential for a planning gain with development of a fourth floor and change of use the office units to residential use subject to planning. The property is situated close to Wembley Central Station, Wembley Stadium approximately 1 mile. Tenure: Freehold To View: Please contact Clive Slade Network Auctions on 07463 206666. Local Authority: Brent Council 020 8937 1234 www.brent.gov.uk

18 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LONDON 570-572 HIGH ROAD, MIDDLESEX, HA0 2AA Continued...

19 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE FROM THE SECOND YOU’RE COMMITTED WE’LL BE THE FIRST TO EXCLUSIVE SUPPORT YOU RATES & FEES AVAILABLE Property auctions are exciting FOR AUCTION but slightly intimidating places. CUSTOMERS Life changing decisions made in the blink of an eye (or the nod of a head). But when the hammer ﬁ nally goes down and you’re ﬁ nancially committed, it’s reassuring to know that West One is right there beside you, ensuring that your dreams become reality.

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6652_WestOne_Auction_210x297_Advert_AW.indd 1 01/02/2016 14:02 LOT BARTON-LE-CLAY GUIDE PRICE: 35A BEDFORD ROAD, BEDFORDSHIRE, MK45 4LL £69,000+ 17 Current Rental Value: £5280 pa A 1 bedroom first floor flat let on a regulated tenancy producing £5280 pa. Description/Location: The flat is situated in the centre of the village close to local amenities, let on a regulated tenancy producing £440 pcm. Accommodation: First Floor: Front door to entrance hall and stairs to first floor, living room, kitchen, bedroom, bathroom. Tenure: Leasehold - 99 years from 01/01/2014, ground rent £250 pa. To View: Please contact Elliott Network Auctions on 01923 240420 Local Authority: Central Bedfordshire Council 0300 300 8301 www.centralbedfordshire.gov.uk Auctioneers note: The lot will be withdrawn if Lot 4, 35 Barton Road is not sold.

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21 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT SOUTHALL GUIDE PRICE: 119 HUNT ROAD, MIDDLESEX, UB2 4RS £200,000+ 18 Estimated Rental Value: £18,000 pa

A large 3 bedroom concrete built duplex maisonette being close to Heathrow Airport. Excellent investment and rental opportunity Description/Location: The property is situated close to local shops and amenities. Transport links are provided by the nearby Southall Railway Station (0.3 miles) into London Paddington and road links with the M4 and M25. Potential rental value of £1500 pcm. Accommodation: Ground floor: Living room, kitchen, WC & wash hand basin. First floor: 3 Bedrooms, bathroom with WC. Outside: Private garden off ground floor. Approximately 15ft Tenure: Leasehold - Approximately 90 years remaining. To View: Please contact Clive Slade Network Auctions on 07463 206666. Local Authority: Ealing Council 020 8825 5000 www.ealing.gov.uk

22 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT LONDON GUIDE PRICE: 19 3 KINNAIRD CLOSE, BROMLEY, KENT, BR1 4HJ £525,000+

An attractive and well presented, modern 3 bedroom/2 bathroom detached house (1378 sq ft, source EPC) with double garage and conservatory, vacant. Description/Location: The property is situated in a cul-de-sac of just 11 detached dwellings off Park Avenue, Parish School is nearby, Sundridge Park Station 0.6 miles. Originally a 4 bedroom layout, the house has been remodelled to provide 3 large bedrooms with the master bedroom incorporating an en-suite bathroom. The house provides double glazed windows and modern kitchen and bathroom fittings. Energy Rating: E/45 Accommodation: Ground Floor: Entrance hall, living room, conservatory, kitchen, cloakroom/wc. First Floor: Landing, master bedroom with en-suite, 2 further bedrooms, bathroom with Jacuzzi style bath, separate wc. Outside: Gardens front and rear, double garage with driveway. Tenure: Freehold To View: Please contact Elliott Network Auctions on 020 7871 0420 Local Authority: London Borough of Bromley 020 8313 4956 www.bromley.gov.uk

23 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT BARNSTAPLE GUIDE PRICE: THE WHITE HORSE, 29 BOUTPORT STREET, DEVON, £195,000+ 20 EX31 1RP

A 3 storey, town centre public house (4867 sq ft, source EPC) with extensive ground floor commercial space and residential upper parts, potential to create 2 self contained flats. Description/Location: The property is situated in the town centre, the public bar was recently arranged as bistro and there is good potential for existing and alternative commercial use. The ground floor has been extended into the original barn in the rear garden to provide additional back of house space, the upper parts can be accessed independently and could be converted to create 2 x 2 bedroom self contained flats. Accommodation: Ground Floor: Open plan public bar with servery, customer toilets, trade kitchen, beer cellar, stores and function room. First Floor: Landing, living room, 2 bedrooms, bathroom. Second Floor: Landing, living room, 2 bedrooms, kitchen, shower room, wc. Outside: Rear courtyard. Energy Rating: E/125 Tenure: Freehold To View: Please contact Elliott Network Auctions on 01923 240420 Local Authority: North Devon Council 01271 327711 www.northdevon.gov.uk VAT IS APPLICABLE TO THIS LOT

24 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT EDGWARE GUIDE PRICE: 32 MOUNT GROVE, MIDDLESEX, HA8 9SX £460,000+ 21 £25,800 p.a A 3 bedroom semi detached house let on an Assured Shorthold Tenancy Description/Location: A 3 bedroom semi detached let on an assured shorthold tenancy at a rent of £1550 p.c.m. The garage has been converted and now comprises a studio let on an assured shorthold tenancy at a rent of £600 p.c.m. Mill Hill Broadway Train Station 0.9 miles, Edgware Underground Station 0.9 miles. Accommodation: Ground Floor Entrance hall, lounge/diner, kitchen. First Floor 3 bedrooms, bathroom. Outside Garage that has been converted to a studio, front and rear gardens. Tenure: Freehold To View: Please contact Elliott Network Auctions on 020 7871 0420 Local Authority: London Borough of Barnet 020 8359 2000 www.barnet.gov.uk

LOT BARTON-LE-CLAY GUIDE PRICE: 35 BEDFORD ROAD, BEDFORDSHIRE, MK45 4LL £7500+ 22 Ground Rents: £500 pa Freehold Ground Rents secured on 2 x 1 bedroom flats Description/Location: The title comprises 2 x 1 bedroom flats with a garden to the rear. Both flats are held on leases for 99 years from 01/01/2014 producing combined ground rents of £500 pa rising, the upper flat is subject to a regulated tenancy. Accommodation: Ground Floor: Flat: Entrance hall, living room and kitchen, double bedroom, bathroom. First FloorFront door to entrance hall and stairs to first floor, living room, kitchen, bedroom, bathroom. Outside: Rear garden. Tenure: Freehold. Both leases for 99 years from 01/01/2014, ground rents of £250 pa each. To View: Please contact Elliott Network Auctions on 01923 240420 Local Authority: Central Bedfordshire Council 0300 300 8301 www.centralbedfordshire.gov.uk Auctioneers Note : The lot will be withdrawn if lots 4 and 17 are not sold.

25 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT SALISBURY GUIDE PRICE: THE PLOUGH INN, 187 - 189 BULFORD ROAD, DURRINGTON, £225,000+ 23 WILTSHIRE, SP4 8HB

A vacant, freehold public house (3919 sq ft, source EPC) occupying a site of 0.27 acres. Description/Location: The property was recently refurbished, it is situated in the conservation area of Old Durrington, 2 miles north east of the Stonehenge world heritage site. The village features a range of local amenities including shops, schools and a swimming / fitness centre. The property includes a commercial kitchen and self contained owners accommodation on the first floor. The large site and car park provide potential for further development subject to planning. Accommodation: Ground Floor: Main bar 60 covers, raised seating area 15 covers, restaurant 40 covers, function room, commercial kitchen, customer toilets. First Floor: Landing, living room, bedroom,. bathroom and kitchen. Outside: Extensive beer garden, patio and car park. Tenure: Freehold To View: Please contact Elliott Network Auctions on 01923 240420 Local Authority: Wiltshire Council 01225 713000 www.wiltshire.gov.uk The Plough is registered as an "Asset of Community Value" under the Localism Act 2011 and as such the sale is for pub use only, otherwise the sale becomes invalid/void. The liquor licence is to be transferred and the purchaser will warrant in the sale contract the continued use of the property as a public house. VAT IS APPLICABLE TO THIS LOT.

26 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT LOOE GUIDE PRICE: 24 SILVER BIRCH, SHUTTA ROAD, CORNWALL, PL13 1HW £250,000+

A substantial 5 bedroom former guest house/B and B with stunning views across the Looe Estuary - Vacant Description/Location: This impressive double fronted property retains many fine features and has been well maintained by the owners. Minimal spend would be required to start trading again, the property would also make a superb family home in this stunning location (change of use consent required). There is a terrace to the front of the property with stunning estuary views and a garden to the rear. Accommodation: Ground floor: Entrance hall, lounge dining room, inner lobby, kitchen, shower room, owners bedroom. First floor: 3 en suite bedrooms and a further bathroom. Second floor: 2 en suite bedrooms. Outside: Terrace to the front of the property . To the rear there is a steeply terraced garden with a large garden shed and lawned area to the upper level. Tenure: Freehold To View: Please contact Charles Darrow Network Auctions on 01626 330022 Local Authority: Cornwall Council 0300 1234 100 www.cornwall.gov.uk

27 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT DORCHESTER GUIDE PRICE: 25 14 FORUM GREEN, DORSET, DT1 2RL £150,000+

Freehold end terraced house close to the town centre - Vacant Description/Location: This end of terrace property with single garage and parking space is situated in a sought after position in the catchment area for local schools. The property is located in a close with open green to the front, ideal first home or investment property. Accommodation: Ground floor: Entrance hall, cloakroom, living room, kitchen. First floor: 3 bedrooms, bathroom. Outside: Garage to the rear plus parking space, gardens. Tenure: Freehold To View: Please contact Domvs on 01929 555300., Local Authority: West Dorset District Council 01305 251010 www.westdorset-dc.gov.uk

28 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE Auction finance

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For on the spot decisions you can rely on, call us on 0161 933 7155, visit us at togethermoney.com/auctionfinance or speak to us at auction.

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Any property used as a security, including your home, may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. LOT NEWCASTLE-UNDER-LYME GUIDE PRICE: 72 & 72A THISTLEBERRY AVENUE, STAFFORDSHIRE, £210,000 - £220,000 26 ST5 2LT

A detached building (2261 sq ft) comprising a 3 bedroom bungalow and a 2 storey annex occupying a corner site of 0.27 acres, development potential, vacant. Description/Location: The property is accessed via a private driveway on Thistleberry Avenue, the gardens also front Roseacre. The gardens facing Roseacre and the garage block adjacent to the annex provide potential for further development, the bungalow and annex could be separated to provide 2 dwellings subject to planning. The site may also be suitable for redevelopment or alternative use such as care home / nursery subject to planning. Part of the property will benefit from refurbishment. Accommodation: Bungalow: Entrance hall, kitchen/dining room, living room, 3 bedrooms, bathroom. Annex: Ground Floor: Entrance porch, kitchen/dining room, living room, bathroom, wc. First Floor: Landing, 2 double bedrooms, dressing room. Outside: The plot extends to 0.27 acres with driveway and hard standing providing parking for multiple vehicles, single garage attached to annex with 2 further garages/stores. Energy Rating: F/35 Tenure: Freehold To View: Please contact Network Auctions on 020 7871 0420 Local Authority: Newcastle-under-Lyme Borough Council 01782 717717 www.newcastle-staffs.gov.uk

30 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT TAMWORTH GUIDE PRICE: PLOT 27 TO THE REAR OF 53-91 WATLING STREET, HINTS, Nil Reserve 27 STAFFORDSHIRE, B78 3DF Freehold plot in Hints village, vacant. Description/Location: A piece of freehold land to the rear of 53-91 Watling Street, Hints. The land may be suitable for a variety of usages, subject to planning permission. The maps opposite are indicative and a plan showing the precise area of land to be sold will be provided in the legal pack. The plot, which forms part of a larger site with a number of plots, is to the rear of 53-91 Watling Street, established houses between School Lane and Hints Lane. Hints is a village around three miles west of Tamworth and two miles east of junction T4 of the M6 Toll motorway.

Tenure: Freehold.

LOT TAMWORTH GUIDE PRICE: PLOT 28 TO THE REAR OF 53-91 WATLING STREET, HINTS, Nil Reserve 28 STAFFORDSHIRE, B78 3DF Freehold plot in Hints village, vacant. Description/Location: This lot comprises a piece of freehold land to the rear of 53-91 Watling Street, Hints. The land may be suitable for a variety of usages, subject to the necessary planning permission. The maps opposite are indicative and a plan showing the precise area of land to be sold will be provided in the legal pack. The plot, which forms part of a larger site with a number of plots, is to the rear of 53-91 Watling Street. 53-91 Watling Street are established houses between School Lane and Hints Lane. Hints is a village around three miles west of Tamworth and two miles east of junction T4 of the M6 Toll motorway. Tenure: Freehold. Completion is required twenty one days after exchange of © Crown copyright and database rights 2015 OS 100047514 Poweredby TCPDF (www.tcpdf.org) contracts in the auction saleroom. Enquiries: Birmingham Office at 0121 456 1700 Local Authority: Stafford Borough Council 01785 619000 www.staffordbc.gov.uk

31 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT TAMWORTH GUIDE PRICE: PLOT 29 TO THE REAR OF 53-91 WATLING STREET, HINTS, Nil Reserve 29 STAFFORDSHIRE, B78 3DF Freehold plot in Hints village, vacant. Description/Location: This lot comprises a piece of freehold land to the rear of 53-91 Watling Street, Hints. The land may be suitable for a variety of usages, subject to the necessary planning permission. The maps opposite are indicative and a plan showing the precise area of land to be sold will be provided in the legal pack. The plot, which forms part of a larger site with a number of plots, is to the rear of 53-91 Watling Street. 53-91 Watling Street are established houses between School Lane and Hints Lane. Hints is a village around three miles west of Tamworth and two miles east of junction T4 of the M6 Toll motorway. Tenure: Freehold.

SPECIALISTS IN • FREEHOLDERS We specialise in: LEASEHOLDERS Landlord and tenant issues – LANDLORD, TENANT • anti social behaviour, breaches/ • JOINT OWNERS enforcement of covenants, disrepair, & PROPERTY DISPUTES fraud, gas safety, injunctions, • LETTING AGENTS notices, possession proceedings, PRIVATE LANDLORDS statutory nuisance, tenancy deposits, • subletting, unauthorised occupation, • PRIVATE TENANTS unlawful eviction. • PROPERTY COMPANIES Leasehold issues – contentious collective enfranchisement and • PROPERTY DEVELOPERS lease extensions, licences, lease PROPERTY MANAGERS interpretation, major works and • service charge disputes, right to • RIGHT TO MANAGE manage. COMPANIES Property issues – boundary and SOCIAL LANDLORDS neighbour disputes, building disputes, • covenants and easements, nuisance, • TRUSTEES ownership, party wall, trespass.

For more information contact Colin Hammond on 020 8698 9200 Email: [email protected] • www.morrisonspowart.com

32 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT OKEHAMPTON GUIDE PRICE: SEVEN STARS INN, FORE STREET, SOUTH TAWTON, DEVON, £255,000+ 30 EX20 2LW

Situated in the national park, a substantial stone built village inn (3671 sq ft, source EPC) with 4 bedroom first floor accommodation - freehold, vacant. Description/Location: An attractive, creeper clad stone built inn believed to date from the 17th century occupying an unopposed trading position in this popular Dartmoor village. There is spacious 4 bedroom owner’s accommodation with the potential to create letting rooms (STPP). The bar and restaurant contain seating for 64+, whilst the enclosed beer garden has seating for 20+. Accommodation: Ground floor: Main bar, restaurant, commercial kitchen, washing up area, wc's, beer cellar, bottle store. First floor: Owners flat with lounge, 4 bedrooms, bathroom, separate wc.

Outside: Enclosed rear patio garden with seating for 20+. Tenure: Freehold To View: Please contact Charles Darrow Network Auctions on 01626 330022 Local Authority: Dartmoor National Park Authority 01626 832093

33 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT STOKE-ON-TRENT GUIDE PRICE: 31 LAND AT SUMMERBANK ROAD, TUNSTALL, ST6 5HA £75,000

Freehold Residential Development Site with Planning Permission for Six Houses Description/Location: This lot is a land site, fronting Summerbank Road, of around 1,140 sq.m that has planning permission for residential development.

Planning permission was granted by Stoke-on-Trent City Council on 4th March 2016 for the development of six houses - a terrace of five town houses and one detached house.

The planning application number is 59209 and full details of the application can be found at www.stoke.gov.uk/planning.

The site is on Summerbank Road at its junction with Hawes Street and opposite its junctions with St Aidan's Street.

Tunstall is to the north of Stoke-on-Trent, approximately midway between Hanley and Kidsgrove and well served by the nearby A500 Stoke D Road. Accommodation: The plans show that each house will comprise of an entrance hall, kitchen, lounge and guests' cloakroom to the ground floor, bedroom, study and bathroom to the first floor and bedroom and shower room to the second floor. The plans also show private gardens and parking areas. Tenure: Freehold.

Viewing can be arranged with the auctioneers' Birmingham office at 0121-456-1700.

34 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT GUIDE PRICE: MABLETHORPE £177,000+ 32 17 WATERLOO ROAD, LINCOLNSHIRE, LN12 1JR Current rent: £23,400 pa

Fully licensed HMO currently producing £23,400 per annum with potential to increase rental income, 1872 sq ft (source EPC) Freehold Description/Location: The property has been the subject of many improvement works including a re-design of the interior to comply with current HMO licensing regulations. All room sizes exceed council requirements. The property is fitted with a Cat A, LD2 fire alarm system BS5839 plus a full emergency lighting system and a new FD30 fire doors throughout. Accommodation: Ground floor: Entrance hall, large kitchen, 2 bedrooms, living room. First floor: 3 bedrooms, bathroom with wc, separate wc. Second floor: Self contained 1 bed apartment with lounge, kitchenette and shower room (currently a managers flat, could be let to produce additional income). Tenure: Freehold To View: Please contact Clive Slade Network Auctions on 07463 206666. Local Authority: East Lindsey District Council 01507 601111 www.e-lindsey.gov.uk

35 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOCAL EXPERTISE | NATIONAL COVERAGE

Goodchilds Network Auctions Hartwell Network Auctions Quay Living Network Auctions Lichfield WS13 6LL Wing, LU7 0PB Poole BH5 1EG Tel: 01543 251310 Tel: 01296 688889 Tel: 01202 683444 www.goodchilds-uk.com www.hartwellpartnership.co.uk www.quayliving.co.uk Goodchilds Network Auctions Hill & Clark Network Auctions Queens Park Network Auctions Boston PE21 7TQ Stafford ST16 2JU London NW6 6NH Our Tel: 01785 225791 Tel: 01205 352019 www.hillandclark.co.uk Tel: 020 7372 5950 www.goodchilds-uk.com www.queensparkrealestates.co.uk Goodchilds Network Auctions Hill & Clark Network Auctions Richard Godsell Stoke-on-Trent ST1 1EG Spalding PE11 1DW Partner Tel: 01775 725300 Network Auctions Tel: 01782 206713 Christchurch BH23 1BW www.goodchilds-uk.com www.hillandclark.co.uk Tel: 01202 499466 Labbett Coast & Country Goodchilds Network Auctions Auctioneers Property Auctions www.richardgodsell.com Sutton Coldfield B74 4AA Malden (Essex) Tel: 0121 323 4691 Richard Godsell Balgores Network Auctions Cooke & Co Network Auctions Tel: 01702 445584 www.goodchilds-uk.com Network Auctions www.networkauctions.co.uk Brentwood CM14 4DB Cliftonville CT9 2QY Highcliffe BH23 5ET Goodchilds Network Auctions Tel: 01277 216800 Tel: 01843 231833 Lane & Holmes Tel: 01425 272163 Tamworth B79 7HL www.balgoresproperty.co.uk www.cookeandco.com Network Auctions www.richardgodsell.com Tel: 01827 54156 Balgores Network Auctions Diamond Move Network Auctions Bedford MK40 2QH www.goodchilds-uk.com Tel: 01234 327744 Richard Godsell Chelmsford CM1 1EH Hounslow TW4 5JP Goodchilds Network Auctions www.hea.co.uk Network Auctions Tel: 01245 492424 Tel: 020 8577 8855 Southbourne BH6 3RE www.diamondmove.co.uk Telford TF1 1DG Lettings & Sales www.balgoresproperty.co.uk Tel: 01202 424214 Tel: 01952 701019 Network Auctions Balgores Network Auctions Elliott Network Auctions www.goodchilds-uk.com Birmingham B23 6LT www.richardgodsell.com Gravesend DA12 1ER Watford WD17 1NA Tel: 0121 603 2727 Goodchilds Network Auctions Shaw & Co Tel: 01474 369955 Tel: 01923 240420 www.lettings-sales.com Walsall WS3 2EX Network Auctions www.balgoresproperty.co.uk www.networkauctions.co.uk Tel: 01922 711444 Marshalls Network Auctions Hayes UB4 0RW Balgores Network Auctions Fairview Network Auctions www.goodchilds-uk.com Royston SG8 9LD Tel: 020 8561 6888 Tel: 01763 247788 www.shawandcoestates.com Hornchurch RM11 1RL London W1S 1DX Goodchilds Network Auctions Tel: 01708 470756 Tel: 020 3011 0177 www.marshallsproperties.co.uk Wednesbury SW10 7HQ Shaw & Co www.balgoresproperty.co.uk www.fairviewnetworkauctions.com Tel: 0121 506 7670 Olive Branch Network Auctions Network Auctions Balgores Network Auctions Goodchilds Network Auctions www.goodchilds-uk.com Hounslow TW5 0LH Canary Wharf E14 Romford RM1 2HU Aldridge WS9 8PT Goodchilds Network Auctions Tel: 020 8269 2469 Tel: 020 8570 7258 Tel: 01708 755507 Tel: 01922 745512 Wednesfield WV11 1SP www.olivebranchestate.co.uk www.shawandcoestates.com www.balgoresproperty.co.uk www.goodchilds-uk.com Tel: 01902 305044 St. Quintin Property Group www.goodchilds-uk.com Pennycuick Collins Balgores Network Auctions Goodchilds Network Auctions Network Auctions Network Auctions Upminster RM14 2SU Birmingham B3 3AG Goodchilds Network Auctions Birmingham B16 8PE Ferndown BH22 9HZ Tel: 01708 259530 Tel: 0121 506 7670 Wolverhampton WV1 1TX Tel: 0121 456 1700 Tel: 01202 877123 www.balgoresproperty.co.uk www.goodchilds-uk.com Tel: 01902 267111 www.pennycuick.co.uk www.stqpropertygroup.co.uk www.goodchilds-uk.com Charles Darrow Network Auctions Goodchilds Network Auctions Power Bespoke Surelock Network Auctions Newton Abbot TQ12 2HP Burntwood WS7 0HQ Grey & Co Network Auctions Network Auctions Birmingham B25 8AQ Tel: 01626 330022 Tel: 01543 687803 Wembley HA0 2AF Reigate RH2 9RJ Tel: 0121 400 7980 www.charlesdarrow.co.uk www.goodchilds-uk.com Tel: 020 8903 3909 Tel: 01737 246777 www.surelockhomes.co.uk www.greyandco.net www.powerbespoke.co.uk Christies Network Auctions Goodchilds Network Auctions Thurman Rye Network Auctions Haigh Network Auctions Rolfe East Network Auctions Cheam SM3 8BU Cannock WS11 1BS Southampton SO31 5DG Bristol BS6 7PY Greenford UB6 9QA Tel: 020 8770 1624 Tel: 01543 500011 Tel: 0117 973 5889 Tel: 020 8575 1144 Tel: 023 8045 8054 www.christiesworld.com www.goodchilds-uk.com www.haighandsons.co.uk www.rolfe-east.com www.thurmanrye.co.uk Clive Slade Network Auctions Goodchilds Network Auctions Hartwell Network Auctions Rolfe East Network Auctions Tudor Network Auctions Kingston KT1 Erdington B23 6TE Aylesbury HP20 2LD London W5 3TA Southend on Sea SS2 6NE Tel: 07463 206666 Tel: 0121 270 9744 Tel: 01296 710200 Tel: 020 8567 2242 Tel: 01702 346818 www.cgspropertyconsultants.co.uk www.goodchilds-uk.com www.hartwellpartnership.co.uk www.rolfe-east.com www.trustintudor.co.uk/auctions

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NA_Partner Ad_2016_v2.indd 30 17/06/2016 11:51 LOT GUIDE PRICE: MEVAGISSEY £275,000 - £295,000 33 TRESLEIGH, POLKIRT HILL, CORNWALL, PL26 6UX

A 2 bedroom detached bungalow in a stunning location for refurbishment or development - vacant Description/Location: The property sits just above the sandy beach at Portmellon Cove and offers a rare opportunity for refurbishment of the existing dwelling or complete redevelopment of the site. Planning was granted granted by Cornwall County Council on 10th July 2015 Ref PA15/01969 for the demolition of the existing bungalow and erection of a 2 storey, 4 bedroom dwelling. The site may also be suitable for alternative schemes such as apartments subject to planning. Accommodation: Ground floor: Living room, dining room, kitchen, 2 bedrooms, bathroom. First floor: Bedroom Outside: Garage, parking, gardens, shed. Tenure: Freehold To View: Please contact My Place in Cornwall Network Auctions on 01208 813874. Local Authority: Cornwall Council 0300 1234 100 www.cornwall.gov.uk

37 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT WILLENHALL GUIDE PRICE: 34 50 CEMETERY ROAD, WEST MIDLANDS, WV13 1DQ £60,000+

For development, an end terrace building requiring refurbishment and comprising former shop premises on the ground floor with a self contained 2 bedroom flat above, vacant. Description/Location: The property occupies a corner site at the junction of Cemetery Road and Temple Road. The property is currently arranged as a former shop with a self contained flat above (access to the rear) and provides great potential for development either for conversion back to a house, alternative commercial use or the creation of flats. Accommodation: Ground Floor: Vacant shop premises and wc. First Floor: Private entrance to the rear, landing, living room, kitchen, 2 bedrooms, bathroom. Outside: The site extends to the front, side and rear and fronts both Cemetery Road and Temple Road. Tenure: Freehold To View: Please contact Clive Slade Network Auctions on 07463 206666. Local Authority: Walsall Council 01922 650000 www.walsall.gov.uk

38 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT GREAT YARMOUTH GUIDE PRICE: SECOND COTTAGE, STAITHE ROAD, WEST SOMERTON, £99,000+ 35 NORFOLK, NR29 4AB

A well presented 2 bedroom semi detached house with gardens, situated in a sought after Broadland village, vacant. Description/Location: West Somerton is a popular rural village with a Staithe connecting it to the Rivers and Broads Network, approximately 2 miles from the Norfolk coast. The house provides oil fired central heating, sealed unit double glazed windows, gardens and off street parking. Accommodation: Ground Floor: Living room, dining room, kitchen, bathroom and utility room. Second Floor: Landing, 2 bedrooms, shower room. Outside: Enclosed garden to the front with a grassed parking area and further courtyard. Energy Rating: E/48 Tenure: Freehold To View: Please contact Network Auctions on 020 7871 0420 Local Authority: Great Yarmouth Borough Council 01493 856100 http://www.great-yarmouth.gov.uk/

39 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE LOT GUIDE PRICE: EDGWARE £150,000+ 36 42A WATLING AVENUE, MIDDLESEX, HA8 0LT Estimated Rental Value: £24,000 pa

A large 4 bedroom duplex maisonette (93 sq m, 1001 sq ft, source EPC) with excellent development and investment potential, vacant. Description/Location: The property is situated close to local shops and amenities, Burnt Oak tube station (0.1 miles). There is potential to redevelop, creating 2 self contained flats generating investment income in excess of £24,000 p.a Accommodation: Ground floor: Entrance, staircase to first floor landing. First floor: Lounge, kitchen, 2 double bedrooms. Second floor: 2 double bedrooms, bathroom and separate WC. Energy Rating: D/60 Tenure: Leasehold. 99 years from 29th September 1928. In accordance with Schedule 13 of the Leasehold Reform Housing & Urban Development Act 1993 we understand that a premium of £117,372 was estimated a payable for a 90 year lease extension. This figure is based upon a valuation conducted on 28th May 2015. To View: Please contact Network Auctions on 020 7871 0420 Local Authority: Brent Council 020 8937 1234 www.brent.gov.uk

40 GUIDE PRICES - FOR FURTHER INFORMATION PLEASE REFER TO 'IMPORTANT NOTES FOR AUCTION BIDDERS' AT THE FRONT OF THE CATALOGUE www.networkauctions.co.uk AGENTS OWNERS INVESTORS

NOW TAKING LOTS

FOR OUR NEXT AUCTION

LOCAL EXPERTISE | NATIONAL COVERAGE

NA_Back Section_SEPT 16 lhp.indd 39 24/08/2016 16:55 COMMON AUCTION CONDITIONS

INTRODUCTION Buyer transfer” includes “to convey” or “to assign”). The Common Auction Conditions have been produced for The person who agrees to buy the lot or, if applicable, that TUPE real estate auctions in England and Wales to set a common person’s personal representatives: if two or more are jointly the The Transfer of Undertakings (Protection of Employment) standard across the industry. They are in three sections: buyer their obligations can be enforced against them jointly or Regulations 2006. Glossary against each of them separately. VAT The glossary gives special meanings to certain words used in Catalogue Value Added Tax or other tax of a similar nature. both sets of conditions. The catalogue to which the conditions refer including any VAT Option Auction Conduct Conditions supplement to it. An option to tax. The Auction Conduct Conditions govern the relationship Completion We (and us and our) between the auctioneer and anyone who has a catalogue, or Unless otherwise agreed between seller and buyer (or their The auctioneers. who attends or bids at the auction. They cannot be changed conveyancers) the occasion when both seller and buyer have You (and your) without the auctioneer’s agreement. complied with their obligations under the contract and the balance of the price is unconditionally received in the seller’s Someone who has a copy of the catalogue or who attends or We recommend that these conditions are set out in a two-part bids at the auction, whether or not a buyer. notice to bidders in the auction catalogue, part one containing conveyancer’s client account. AUCTION CONDUCT CONDITIONS advisory material – which auctioneers can tailor to their needs Condition A1 Introduction – and part two the auction conduct conditions. One of the auction conduct conditions or sales conditions. A1.1 Words in bold green type have special meanings, Contract Sale Conditions which are defined in the Glossary. The Sale Conditions govern the agreement between each The contract by which the seller agrees to sell and the buyer A1.2 The catalogue is issued only on the basis that you seller and buyer. They include general conditions of sale and agrees to buy the lot. accept these auction conduct conditions. They template forms of special conditions of sale, tenancy and Contract Date govern our relationship with you and cannot be arrears schedules and a sale memorandum. The date of the auction or, if the lot is not sold at the auction: disapplied or varied by the sale conditions (even by (a) the date of the sale memorandum signed by both the Important Notice a condition purporting to replace the whole of the seller and buyer; or A prudent buyer will, before bidding for a lot at an auction: Common Auction Conditions). They can be varied only • Take professional advice from a conveyancer and, in (b) if contracts are exchanged, the date of exchange. If if we agree. exchange is not effected in person or by an irrevocable appropriate cases, a chartered surveyor and an accountant; A2 Our role agreement to exchange made by telephone, fax or • Read the conditions; A2.1 As agents for each seller we have authority to: • Inspect the lot; electronic mail the date of exchange is the date on which both parts have been signed and posted or otherwise (a) prepare the catalogue from information supplied • Carry out usual searches and make usual enquiries; placed beyond normal retrieval. by or on behalf of each seller; • Check the content of all available leases and other Documents (b) offer each lot for sale; documents relating to the lot; Documents of title (including, if title is registered, the entries on (c) sell each lot; • Check that what is said about the lot in the catalogue is the register and the title plan) and other documents listed or (d) receive and hold deposits; accurate; referred to in the special conditions relating to the lot. (e) sign each sale memorandum; and • Have finance available for the deposit and purchase price; Financial Charge (f) treat a contract as repudiated if the buyer fails • Check whether VAT registration and election is advisable; A charge to secure a loan or other financial indebtedness (not to sign a sale memorandum or pay a deposit as The conditions assume that the buyer has acted like a including a rent charge). required by these auction conduct conditions. prudent buyer. General Conditions A2.2 Our decision on the conduct of the auction is final. If you choose to buy a lot without taking these normal That part of the sale conditions so headed, including any A2.3 We may cancel the auction, or alter the order in which precautions you do so at your own risk. extra general conditions. lots are offered for sale. We may also combine or GLOSSARY Interest Rate divide lots. A lot may be sold or withdrawn from sale This glossary applies to the auction conduct conditions and If not specified in thespecial conditions, 4% above the base prior to the auction. the sale conditions. rate from time to time of Barclays Bank plc. (The interest rate A2.4 Yo u acknowledge that to the extent permitted by law Wherever it makes sense: will also apply to judgment debts, if applicable.) we owe you no duty of care and you have no claim • singular words can be read as plurals, and plurals as Lot against us for any loss. singular words; Each separate property described in the catalogue or (as the A3 Bidding and reserve prices • a “person” includes a corporate body; case may be) the property that the seller has agreed to sell A3.1 All bids are to be made in pounds sterling exclusive of • words of one gender include the other genders; and the buyer to buy (including chattels, if any). any applicable VAT. • references to legislation are to that legislation as it may Old Arrears A3.2 We may refuse to accept a bid. We do not have to Arrears due under any of the tenancies that are not “new have been modified or re-enacted by the date of the auction explain why. tenancies” as defined by the Landlord and Tenant (Covenants) or the contract date (as applicable); and A3.3 If there is a dispute over bidding we are entitled to Act 1995. • where the following words printed in bold black type appear resolve it, and our decision is final. Particulars in bold green type they have the specified meanings. A3.4 Unless stated otherwise each lot is subject to a reserve The section of the catalogue that contains descriptions of Actual Completion Date price (which may be fixed just before thelot is offered each lot (as varied by any addendum). The date when completion takes place or is treated as taking for sale). If no bid equals or exceeds that reserve price Practitioner place for the purposes of apportionment and calculating interest. the lot will be withdrawn from the auction. An insolvency practitioner for the purposes of the Insolvency Addendum A3.5 Where there is a reserve price the seller may bid (or Act 1986 (or, in relation to jurisdictions outside the United ask us or another agent to bid on the seller’s behalf) An amendment or addition to the conditions or to the Kingdom, any similar official). particulars or to both whether contained in a supplement to up to the reserve price but may not make a bid equal Price the catalogue, a written notice from the auctioneers or an to or exceeding the reserve price. You accept that it is The price that the buyer agrees to pay for the lot. oral announcement at the auction. possible that all bids up to the reserve price are bids Ready to Complete Agreed Completion Date made by or on behalf of the seller. Ready, willing and able to complete: if completion would Subject to condition G9.3: A3.6 Where a guide price (or range of prices) is given that enable the seller to discharge all financial charges secured (a) the date specified in thespecial conditions; or guide is the minimum price at which, or range of prices on the lot that have to be discharged by completion, then within which, the seller might be prepared to sell at the (b) if no date is specified, 20business days after the those outstanding financial charges do not prevent theseller date of the guide price. But guide prices may change. contract date; but if that date is not a business day the from being ready to complete. The last published guide price will normally be at or above first subsequentbusiness day. Sale Conditions any reserve price, but not always – as the seller may fix Approved Financial Institution The general conditions as varied by any special conditions the final reserve price just before bidding commences. Any bank or building society that has signed up to the Banking or addendum. A4 The particulars and other information Code or Business Banking Code or is otherwise acceptable to Sale Memorandum A4.1 We have taken reasonable care to prepare particulars the auctioneers. The form so headed (whether or not set out in the catalogue) that correctly describe each lot. The particulars are Arrears in which the terms of the contract for the sale of the lot are based on information supplied by or on behalf of the Arrears of rent and other sums due under the tenancies and recorded. seller. You need to check that the information in the still outstanding on the actual completion date. Seller particulars is correct. Arrears Schedule The person selling the lot. If two or more are jointly the seller A4.2 If the special conditions do not contain a description The arrears schedule (if any) forming part of the special their obligations can be enforced against them jointly or of the lot, or simply refer to the relevant lot number, conditions. against each of them separately. you take the risk that the description contained in Auction Special Conditions the particulars is incomplete or inaccurate, as the The auction advertised in the catalogue. Those of the sale conditions so headed that relate to the lot. particulars have not been prepared by a conveyancer Auction Conduct Conditions Tenancies and are not intended to form part of a legal contract. The conditions so headed, including any extra auction Tenancies, leases, licences to occupy and agreements for A4.3 The particulars and the sale conditions may change conduct conditions. lease and any documents varying or supplemental to them. prior to the auction and it is your responsibility to Auctioneers Tenancy Schedule check that you have the correct versions. The auctioneers at the auction. The tenancy schedule (if any) forming part of the special A4.4 If we provide information, or a copy of a document, Business Day conditions. provided by others we do so only on the basis that we Any day except (a) a Saturday or a Sunday; (b) a bank holiday Transfer are not responsible for the accuracy of that information in England and Wales; or (c) Good Friday or Christmas Day. Transfer includes a conveyance or assignment (and “to or document.

42 www.networkauctions.co.uk

A5 The contract G1.6 The seller must notify the buyer of any notices, to the buyer within fivebusiness days of the A5.1 A successful bid is one we accept as such (normally orders, demands, proposals and requirements of contract date an official copy of the entries on on the fall of the hammer). This condition A5 applies any competent authority of which it learns after the the register and title plan and, where noted on the to you if you make the successful bid for a lot. contract date but the buyer must comply with them register, of all documents subject to which the lot A5.2 You are obliged to buy the lot on the terms of the and keep the seller indemnified. is being sold. sale memorandum at the price you bid plus VAT (if G1.7 The lot does not include any tenant’s or trade fixtures (c) If the lot is not registered land the seller is to applicable). or fittings. give to the buyer within fivebusiness days an A5.3 You must before leaving the auction: G1.8 Where chattels are included in the lot the buyer takes abstract or epitome of title starting from the root (a) provide all information we reasonably need them as they are at completion and the seller is not of title mentioned in the special conditions (or, if from you to enable us to complete the sale liable if they are not fit for use. none is mentioned, a good root of title more than memorandum (including proof of your identity if G1.9 The buyer buys with full knowledge of: fifteen years old) and must produce to thebuyer required by us); (a) the documents, whether or not the buyer has the original or an examined copy of every relevant (b) sign the completed sale memorandum; and read them; and document. (c) pay the deposit. (b) the physical condition of the lot and what could (d) If title is in the course of registration, title is to A5.4 If you do not we may either: reasonably be discovered on inspection of it, consist of certified copies of: (a) as agent for the seller treat that failure as your whether or not the buyer has inspected it. (i) the application for registration of title made to repudiation of the contract and offer the lot for G1.10 The buyer is not to rely on the information contained the land registry; sale again: the seller may then have a claim in the particulars but may rely on the seller’s (ii) the documents accompanying that against you for breach of contract; or conveyancer’s written replies to preliminary enquiries to application; (b) sign the sale memorandum on your behalf. the extent stated in those replies. (iii) evidence that all applicable stamp duty land A5.5 The deposit: G2. Deposit tax relating to that application has been paid; and (a) is to be held as stakeholder where VAT would be G2.1 The amount of the deposit is the greater of: chargeable on the deposit were it to be held as (a) any minimum deposit stated in the auction (iv) a letter under which the seller or its agent for the seller, but otherwise is to be held as conduct conditions (or the total price, if this is conveyancer agrees to use all reasonable stated in the sale conditions; and less than that minimum); and endeavours to answer any requisitions raised by the land registry and to instruct the land (b) must be paid in pounds sterling by cheque or (b) 10% of the price (exclusive of any VAT on the by bankers’ draft made payable to us on an price). registry to send the completed registration documents to the buyer. approved financial institution. The extra auction G2.2 The deposit (e) The buyer has no right to object to or make conduct conditions may state if we accept any (a) must be paid in pounds sterling by cheque or requisitions on any title information more than other form of payment. banker’s draft drawn on an approved financial seven business days after that information has A5.6 We may retain the sale memorandum signed by institution (or by any other means of payment been given to the buyer. or on behalf of the seller until the deposit has been that the auctioneers may accept); and G4.3 Unless otherwise stated in the special conditions the received in cleared funds. (b) is to be held as stakeholder unless the auction seller sells with full title guarantee except that (and the A5.7 If the buyer does not comply with its obligations under conduct conditions provide that it is to be held transfer shall so provide): the contract then: as agent for the seller. (a) the covenant set out in section 3 of the Law of (a) you are personally liable to buy the lot even if you G2.3 Where the auctioneers hold the deposit as Property (Miscellaneous Provisions) Act 1994 shall are acting as an agent; and stakeholder they are authorised to release it (and not extend to matters recorded in registers open (b) you must indemnify the seller in respect of any interest on it if applicable) to the seller on completion to public inspection; these are to be treated as loss the seller incurs as a result of the buyer’s or, if completion does not take place, to the person within the actual knowledge of the buyer; and default. entitled to it under the sale conditions. (b) the covenant set out in section 4 of the Law of A5.8 Where the buyer is a company you warrant that the G2.4 If a cheque for all or part of the deposit is not cleared Property (Miscellaneous Provisions) Act 1994 shall buyer is properly constituted and able to buy the lot. on first presentation theseller may treat the contract not extend to any condition or tenant’s obligation as at an end and bring a claim against the buyer for relating to the state or condition of the lot where A6 Extra auction conduct conditions breach of contract. the lot is leasehold property. A6.1 Despite any special condition to the contrary the G2.5 Interest earned on the deposit belongs to the seller G4.4 The transfer is to have effect as if expressly subject minimum deposit we accept is £2000 (or the total unless the sale conditions provide otherwise. price, if less). A special condition may, however, to all matters subject to which the lot is sold under the G3. Between contract and completion contract. require a higher minimum deposit. G3.1 Unless the special conditions state otherwise, the G4.5 The seller does not have to produce, nor may the seller is to insure the lot from and including the GENERAL CONDITIONS OF SALE buyer object to or make a requisition in relation to, contract date to completion and: Words in bold green type have special meanings, any prior or superior title even if it is referred to in the which are defined in the Glossary. (a) produce to the buyer on request all relevant documents. insurance details; The general conditions (including any extra general G4.6 The seller (and, if relevant, the buyer) must produce conditions) apply to the contract except to the extent that they (b) pay the premiums when due; to each other such confirmation of, or evidence of, their are varied by special conditions or by an addendum. (c) if the buyer so requests, and pays any additional identity and that of their mortgagees and attorneys (if G1. The lot premium, use reasonable endeavours to increase any) as is necessary for the other to be able to comply G1.1 The lot (including any rights to be granted or reserved, the sum insured or make other changes to the with applicable Land Registry Rules when making and any exclusions from it) is described in the special policy; application for registration of the transaction to which conditions, or if not so described the lot is that (d) at the request of the buyer use reasonable the conditions apply. referred to in the sale memorandum. endeavours to have the buyer’s interest noted G5. Transfer G1.2 The lot is sold subject to any tenancies disclosed on the policy if it does not cover a contracting G5.1 Unless a form of transfer is prescribed by the special by the special conditions, but otherwise with vacant purchaser; conditions: possession on completion. (e) unless otherwise agreed, cancel the insurance at (a) the buyer must supply a draft transfer to the G1.3 The lot is sold subject to all matters contained or completion, apply for a refund of premium and seller at least ten business days before the referred to in the documents, but excluding any (subject to the rights of any tenant or other third agreed completion date and the engrossment financial charges: these the seller must discharge on party) pay that refund to the buyer; and (signed as a deed by the buyer if condition G5.2 or before completion. (f) (subject to the rights of any tenant or other third applies) fivebusiness days before that date or (if G1.4 The lot is also sold subject to such of the following party) hold on trust for the buyer any insurance later) two business days after the draft has been as may affect it, whether they arise before or after the payments that the seller receives in respect of approved by the seller; and contract date and whether or not they are disclosed loss or damage arising after the contract date (b) the seller must approve or revise the draft by the seller or are apparent from inspection of the lot or assign to the buyer the benefit of any claim; transfer within fivebusiness days of receiving it or from the documents: and the buyer must on completion reimburse to from the buyer. (a) matters registered or capable of registration as the seller the cost of that insurance (to the extent G5.2 If the seller remains liable in any respect in relation to local land charges; not already paid by the buyer or a tenant or other the lot (or a tenancy) following completion the buyer (b) matters registered or capable of registration by third party) for the period from and including the is specifically to covenant in thetransfer to indemnify any competent authority or under the provisions contract date to completion. the seller against that liability. of any statute; G3.2 No damage to or destruction of the lot nor any G5.3 The seller cannot be required to transfer the lot to (c) notices, orders, demands, proposals and deterioration in its condition, however caused, entitles anyone other than the buyer, or by more than one requirements of any competent authority; the buyer to any reduction in price, or to delay transfer. (d) charges, notices, orders, restrictions, agreements completion, or to refuse to complete. G6. Completion and other matters relating to town and country G3.3 Section 47 of the Law of Property Act 1925 does not G6.1 Completion is to take place at the offices of the planning, highways or public health; apply. seller’s conveyancer, or where the seller may (e) rights, easements, quasi-easements, and G3.4 Unless the buyer is already lawfully in occupation of reasonably require, on the agreed completion date. wayleaves; the lot the buyer has no right to enter into occupation The seller can only be required to complete on a (f) outgoings and other liabilities; prior to completion. business day and between the hours of 0930 and (g) any interest which overrides, within the meaning of G4. Title and identity 1700. the Land Registration Act 2002; G4.1 Unless condition G4.2 applies, the buyer accepts the G6.2 The amount payable on completion is the balance of (h) matters that ought to be disclosed by the title of the seller to the lot as at the contract date and the price adjusted to take account of apportionments searches and enquiries a prudent buyer would may raise no requisition or objection except in relation plus (if applicable) VAT and interest. make, whether or not the buyer has made them; to any matter that occurs after the contract date. G6.3 Payment is to be made in pounds sterling and only by: and G4.2 If any of the documents is not made available before (a) direct transfer to the seller’s conveyancer’s client (i) anything the seller does not and could not the auction the following provisions apply: account; and reasonably know about. (a) The buyer may raise no requisition on or objection (b) the release of any deposit held by a stakeholder. G1.5 Where anything subject to which the lot is sold would to any of the documents that is made available G6.4 Unless the seller and the buyer otherwise agree, expose the seller to liability the buyer is to comply before the auction. completion cannot take place until both have with it and indemnify the seller against that liability. (b) If the lot is registered land the seller is to give complied with their obligations under the contract and

43 the balance of the price is unconditionally received in equal daily rate assuming 365 days in a year, and G13.2 If the rent deposit is not assignable the seller must the seller’s conveyancer’s client account. income and expenditure relating to some other on completion hold the rent deposit on trust for the G6.5 If completion takes place after 1400 hours for a period accrues at an equal daily rate during the buyer and, subject to the terms of the rent deposit reason other than the seller’s default it is to be treated, period to which it relates; and deed, comply at the cost of the buyer with the buyer’s for the purposes of apportionment and calculating (c) where the amount to be apportioned is not known lawful instructions. interest, as if it had taken place on the next business at completion apportionment is to be made by G13.3 Otherwise the seller must on completion pay and day. reference to a reasonable estimate and further assign its interest in the rent deposit to the buyer G6.6 Where applicable the contract remains in force payment is to be made by seller or buyer as under an assignment in which the buyer covenants following completion. appropriate within fivebusiness days of the date with the seller to: G7. Notice to complete when the amount is known. (a) observe and perform the seller’s covenants and G7.1 The seller or the buyer may on or after the agreed G11. Arrears conditions in the rent deposit deed and indemnify completion date but before completion give the Part 1 Current rent the seller in respect of any breach; other notice to complete within ten business days G11.1 “Current rent” means, in respect of each of the (b) give notice of assignment to the tenant; and (excluding the date on which the notice is given) tenancies subject to which the lot is sold, the (c) give such direct covenant to the tenant as may be making time of the essence. instalment of rent and other sums payable by the required by the rent deposit deed. G7.2 The person giving the notice must be ready to tenant in advance on the most recent rent payment G14. VAT complete. date on or within four months preceding completion. G14.1 Where a sale condition requires money to be paid or G7.3 If the buyer fails to comply with a notice to complete G11.2 If on completion there are any arrears of current rent other consideration to be given, the payer must also the seller may, without affecting any other remedy the the buyer must pay them, whether or not details of pay any VAT that is chargeable on that money or seller has: those arrears are given in the special conditions. (a) of the buyer’s VAT registration; consideration, but (a) terminate the contract; G11.3 P arts 2 and 3 of this condition G11 do not apply to only if given a valid VAT invoice. (b) claim the deposit and any interest on it if held by a arrears of current rent. G14.2 Where the special conditions state that no VAT stakeholder; Part 2 Buyer to pay for arrears option has been made the seller confirms that none (c) forfeit the deposit and any interest on it; G11.4 P art 2 of this condition G11 applies where the special has been made by it or by any company in the same conditions give details of arrears. (d) resell the lot; and VAT group nor will be prior to completion. G11.5 The buyer is on completion to pay, in addition to any (e) claim damages from the buyer. G15. Transfer as a going concern other money then due, an amount equal to all arrears Where the special conditions so state: G7.4 If the seller fails to comply with a notice to complete of which details are set out in the special conditions. the buyer may, without affecting any other remedy the (a) the seller and the buyer intend, and will take all G11.6 If those arrears are not old arrears the seller is to buyer has: practicable steps (short of an appeal) to procure, assign to the buyer all rights that the seller has to that the sale is treated as a transfer of a going (a) terminate the contract; and recover those arrears. concern; and (b) recover the deposit and any interest on it from the Part 3 Buyer not to pay for arrears (b) this condition G15 applies. The seller confirms seller or, if applicable, a stakeholder. G11.7 P art 3 of this condition G11 applies where the that the seller G8. If the contract is brought to an end special conditions: (a) is registered for VAT, either in the seller’s name If the contract is lawfully brought to an end: (a) so state; or or as a member of the same VAT group; and (a) the buyer must return all papers to the seller (b) give no details of any arrears. (b) has (unless the sale is a standard-rated supply) and appoints the seller its agent to cancel any G11.8 While any arrears due to the seller remain unpaid the made in relation to the lot a VAT option that registration of the contract; and buyer must: remains valid and will not be revoked before (b) the seller must return the deposit and any (a) try to collect them in the ordinary course of completion. interest on it to the buyer (and the buyer may management but need not take legal proceedings G15.3 The buyer confirms that: claim it from the stakeholder, if applicable) unless or forfeit the tenancy; the seller is entitled to forfeit the deposit under (a) it is registered for VAT, either in the buyer’s name condition G7.3. (b) pay them to the seller within fivebusiness days or as a member of a VAT group; of receipt in cleared funds (plus interest at the G9. Landlord’s licence (b) it has made, or will make before completion, interest rate calculated on a daily basis for each G9.1 Where the lot is or includes leasehold land and licence a VAT option in relation to the lot and will not subsequent day’s delay in payment); to assign is required this condition G9 applies. revoke it before or within three months after (c) on request, at the cost of the seller, assign to completion; G9.2 The contract is conditional on that licence being the seller or as the seller may direct the right to obtained, by way of formal licence if that is what the (c) article 5(2B) of the Value Added Tax (Special demand and sue for old arrears, such assignment landlord lawfully requires. Provisions) Order 1995 does not apply to it; and to be in such form as the seller’s conveyancer may G9.3 The agreed completion date is not to be earlier than (d) it is not buying the lot as a nominee for another reasonably require; the date fivebusiness days after the seller has given person. (d) if reasonably required, allow the seller’s notice to the buyer that licence has been obtained. G15.4 The buyer is to give to the seller as early as possible conveyancer to have on loan the counterpart of any G9.4 The seller must: before the agreed completion date evidence: tenancy against an undertaking to hold it to the (a) of the buyer’s VAT registration; (a) use all reasonable endeavours to obtain the buyer’s order; licence at the seller’s expense; and (b) that the buyer has made a VAT option; and (e) not without the consent of the seller release any (c) that the VAT option has been notified in writing to (b) enter into any authorised guarantee agreement tenant or surety from liability to pay arrears or HM Revenue and Customs; properly required. accept a surrender of or forfeit any tenancy under G9.5 The buyer must: which arrears are due; and and if it does not produce the relevant evidence at least two business days before the agreed completion (a) promptly provide references and other relevant (f) if the buyer disposes of the lot prior to recovery of date, condition G14.1 applies at completion. information; and all arrears obtain from the buyer’s successor in title (b) comply with the landlord’s lawful requirements. a covenant in favour of the seller in similar form to G15.5 The buyer confirms that aftercompletion the buyer G9.6 If within three months of the contract date (or such part 3 of this condition G11. intends to: longer period as the seller and buyer agree) the G11.9 Where the seller has the right to recover arrears it (a) retain and manage the lot for the buyer’s own licence has not been obtained the seller or the buyer must not without the buyer’s written consent bring benefit as a continuing business as a going may (if not then in breach of any obligation under this insolvency proceedings against a tenant or seek the concern subject to and with the benefit of the condition G9) by notice to the other terminate the removal of goods from the lot. tenancies; and contract at any time before licence is obtained. That G12. Management (b) collect the rents payable under the tenancies and termination is without prejudice to the claims of either G12.1 This condition G12 applies where the lot is sold charge VAT on them seller or buyer for breach of this condition G9. subject to tenancies. G15.6 If , after completion, it is found that the sale of the lot is G10. Interest and apportionments G12.2 The seller is to manage the lot in accordance with its not a transfer of a going concern then: G10.1 If the actual completion date is after the agreed standard management policies pending completion. (a) the seller’s conveyancer is to notify the buyer’s completion date for any reason other than the G12.3 T he seller must consult the buyer on all management conveyancer of that finding and provide aVAT seller’s default the buyer must pay interest at the issues that would affect the buyer after completion invoice in respect of the sale of the lot; interest rate on the price (less any deposit paid) from (such as, but not limited to, an application for licence; (b) the buyer must within fivebusiness days of the agreed completion date up to and including the a rent review; a variation, surrender, agreement to receipt of the VAT invoice pay to the seller the actual completion date. surrender or proposed forfeiture of a tenancy; or a new VAT due; and G10.2 Subject to condition G11 the seller is not obliged tenancy or agreement to grant a new tenancy) and: (c) if VAT is payable because the buyer has not to apportion or account for any sum at completion (a) the seller must comply with the buyer’s complied with this condition G15, the buyer must unless the seller has received that sum in cleared reasonable requirements unless to do so would pay and indemnify the seller against all costs, funds. The seller must pay to the buyer after (but for the indemnity in paragraph (c)) expose interest, penalties or surcharges that the seller completion any sum to which the buyer is entitled the seller to a liability that the seller would not incurs as a result. that the seller subsequently receives in cleared funds. otherwise have, in which case the seller may act G16. Capital allowances G10.3 Income and outgoings are to be apportioned at actual reasonably in such a way as to avoid that liability; G16.1 This condition G16 applies where the special completion date unless: (b) if the seller gives the buyer notice of the seller’s conditions state that there are capital allowances (a) the buyer is liable to pay interest; and intended act and the buyer does not object within available in respect of the lot. (b) the seller has given notice to the buyer at any fivebusiness days giving reasons for the objection G16.2 The seller is promptly to supply to the buyer all time up to completion requiring apportionment the seller may act as the seller intends; and information reasonably required by the buyer on the date from which interest becomes payable (c) the buyer is to indemnify the seller against all loss or in connection with the buyer’s claim for capital by the buyer; in which event income and liability the seller incurs through acting as the buyer allowances. outgoings are to be apportioned on the date from requires, or by reason of delay caused by the buyer. G16.3 The value to be attributed to those items on which which interest becomes payable by the buyer. G13. Rent deposits capital allowances may be claimed is set out in the G10.4 Apportionments are to be calculated on the basis that: G13.1 This condition G13 applies where the seller is holding special conditions. (a) the seller receives income and is liable for or otherwise entitled to money by way of rent deposit G16.4 The seller and buyer agree: outgoings for the whole of the day on which in respect of a tenancy. In this condition G13 “rent (a) to make an election on completion under Section apportionment is to be made; deposit deed” means the deed or other document 198 of the Capital Allowances Act 2001 to give (b) annual income and expenditure accrues at an under which the rent deposit is held. effect to this condition G16; and

44 www.networkauctions.co.uk

(b) to submit the value specified in thespecial (b) payments on account of service charge received steps to substitute itself as a party to any conditions to HM Revenue and Customs for the from each tenant; proceedings; purposes of their respective capital allowance (c) any amounts due from a tenant that have not been (b) use all reasonable endeavours to conclude any computations. received; proceedings or negotiations for the renewal of the G17. Maintenance agreements (d) any service charge expenditure that is not tenancy and the determination of any interim rent G17.1 The seller agrees to use reasonable endeavours to attributable to any tenancy and is for that reason as soon as reasonably practicable at the best rent transfer to the buyer, at the buyer’s cost, the benefit irrecoverable. or rents reasonably obtainable; and of the maintenance agreements specified in the G22.4 In respect of each tenancy, if the service charge (c) if any increased rent is recovered from the tenant special conditions. account shows that: (whether as interim rent or under the renewed G17.2 The buyer must assume, and indemnify the seller in (a) payments on account (whether received or still tenancy) account to the seller for the part of respect of, all liability under such contracts from the then due from a tenant) exceed attributable that increase that relates to the seller’s period of actual completion date. service charge expenditure, the seller must pay to ownership of the lot within fivebusiness days of G18. Landlord and Tenant Act 1987 the buyer an amount equal to the excess when it G18.1 This condition G18 applies where the sale is a relevant provides the service charge account; receipt of cleared funds. disposal for the purposes of part I of the Landlord and (b) attributable service charge expenditure exceeds G24.5 The seller and the buyer are to bear their own costs Tenant Act 1987. payments on account (whether those payments in relation to the renewal of the tenancy and any G18.2 The seller warrants that the seller has complied with have been received or are still then due), the proceedings relating to this. sections 5B and 7 of that Act and that the requisite buyer must use all reasonable endeavours to G25. Warranties majority of qualifying tenants has not accepted the offer. recover the shortfall from the tenant at the next G25.1 Available warranties are listed in the special conditions. G19. Sale by practitioner service charge reconciliation date and pay the G25.2 Where a warranty is assignable the seller must: amount so recovered to the seller within five G19. This condition G19 applies where the sale is by a (a) on completion assign it to the buyer and give practitioner either as seller or as agent of the seller. business days of receipt in cleared funds; notice of assignment to the person who gave the but in respect of payments on account that are still due G19.2 The practitioner has been duly appointed and is warranty; and empowered to sell the lot. from a tenant condition G11 (arrears) applies. (b) apply for (and the seller and the buyer must use G19.3 Neither the practitioner nor the firm or any member G22.5 In respect of service charge expenditure that is not all reasonable endeavours to obtain) any consent of the firm to which thepractitioner belongs has any attributable to any tenancy the seller must pay the personal liability in connection with the sale or the expenditure incurred in respect of the period before to assign that is required. If consent has not been performance of the seller’s obligations. The transfer actual completion date and the buyer must pay obtained by completion the warranty must be is to include a declaration excluding that personal the expenditure incurred in respect of the period after assigned within fivebusiness days after the liability. actual completion date. Any necessary monetary consent has been obtained. G19.4 The lot is sold: adjustment is to be made within five business days of G25.3 If a warranty is not assignable the seller must after the seller providing the service charge account to the (a) in its condition at completion; completion: buyer. (b) for such title as the seller may have; and (a) hold the warranty on trust for the buyer; and G22.6 If the seller holds any reserve or sinking fund on (c) with no title guarantee; (b) at the buyer’s cost comply with such of the lawful account of future service charge expenditure or a and the buyer has no right to terminate the contract or depreciation fund: instructions of the buyer in relation to the warranty any other remedy if information provided about the lot as do not place the seller in breach of its terms or (a) the seller must pay it (including any interest is inaccurate, incomplete or missing. earned on it) to the buyer on completion; and expose the seller to any liability or penalty. G19.5 Where relevant: (b) the buyer must covenant with the seller to hold G26. No assignment (a) the documents must include certified copies it in accordance with the terms of the tenancies The buyer must not assign, mortgage or otherwise of those under which the practitioner is and to indemnify the seller if it does not do so. transfer or part with the whole or any part of the appointed, the document of appointment and the G23. Rent reviews buyer’s interest under this contract. practitioner’s acceptance of appointment; and G23.1 This condition G23 applies where the lot is sold G27. Registration at the Land Registry (b) the seller may require the transfer to be by the subject to a tenancy under which a rent review due on G27.1 This condition G27.1 applies where the lot is leasehold lender exercising its power of sale under the Law or before the actual completion date has not been and its sale either triggers first registration or is a of Property Act 1925. agreed or determined. registrable disposition. The buyer must at its own G19.6 The buyer understands this condition G19 and G23.2 The seller may continue negotiations or rent review expense and as soon as practicable: agrees that it is fair in the circumstances of a sale by a proceedings up to the actual completion date (a) procure that it becomes registered at Land practitioner. but may not agree the level of the revised rent or Registry as proprietor of the lot; G20. TUPE commence rent review proceedings without the G20.1 If the special conditions state “There are no written consent of the buyer, such consent not to be (b) procure that all rights granted and reserved by employees to which TUPE applies”, this is a warranty unreasonably withheld or delayed. the lease under which the lot is held are properly by the seller to this effect. G23.3 Following completion the buyer must complete noted against the affected titles; and G20.2 If the special conditions do not state “There are no rent review negotiations or proceedings as soon as (c) provide the seller with an official copy of the employees to which TUPE applies” the following reasonably practicable but may not agree the level register relating to such lease showing itself paragraphs apply: of the revised rent without the written consent of the registered as proprietor. (a) The seller must notify the buyer of those seller, such consent not to be unreasonably withheld G27.2 This condition G27.2 applies where the lot comprises employees whose contracts of employment or delayed. part of a registered title. The buyer must at its own will transfer to the buyer on completion (the G23.4 The seller must promptly: expense and as soon as practicable: “Transferring Employees”). This notification must (a) give to the buyer full details of all rent review (a) apply for registration of the transfer; be given to the buyer not less than 14 days before negotiations and proceedings, including copies of (b) provide the seller with an official copy and title plan completion. all correspondence and other papers; and for the buyer’s new title; and (b) The buyer confirms that it will comply with (b) use all reasonable endeavours to substitute its obligations under TUPE and any special the buyer for the seller in any rent review (c) join in any representations the seller may properly conditions in respect of the Transferring Employees. proceedings. make to Land Registry relating to the application. (c) The buyer and the seller acknowledge that G23.5 The seller and the buyer are to keep each other G28. Notices and other communications pursuant and subject to TUPE, the contracts of informed of the progress of the rent review and have G28.1 All communications, including notices, must be in employment between the Transferring Employees regard to any proposals the other makes in relation to it. writing. Communication to or by the seller or the and the seller will transfer to the buyer on G23.6 When the rent review has been agreed or determined buyer may be given to or by their conveyancers. completion. the buyer must account to the seller for any increased G28.2 A communication may be relied on if: (d) The buyer is to keep the seller indemnified rent and interest recovered from the tenant that (a) delivered by hand; or against all liability for the Transferring Employees relates to the seller’s period of ownership within five (b) made electronically and personally acknowledged after completion. business days of receipt of cleared funds. (automatic acknowledgement does not count); or G21. Environmental G23.7 If a rent review is agreed or determined before G21.1 This condition G21 only applies where the special completion but the increased rent and any interest (c) there is proof that it was sent to the address of the conditions so provide. recoverable from the tenant has not been received person to whom it is to be given (as specified in G21.2 The seller has made available such reports as the by completion the increased rent and any interest the sale memorandum) by a postal service that seller has as to the environmental condition of the recoverable is to be treated as arrears. offers normally to deliver mail the next following lot and has given the buyer the opportunity to carry G23.8 The seller and the buyer are to bear their own costs in business day. out investigations (whether or not the buyer has read relation to rent review negotiations and proceedings. G28.3 A communication is to be treated as received: those reports or carried out any investigation) and the G24. Tenancy renewals (a) when delivered, if delivered by hand; or buyer admits that the price takes into account the G24.1 This condition G24 applies where the tenant under (b) when personally acknowledged, if made environmental condition of the lot. a tenancy has the right to remain in occupation electronically; G21.3 The buyer agrees to indemnify the seller in respect under part II of the Landlord and Tenant Act 1954 (as but if delivered or made after 1700 hours on a of all liability for or resulting from the environmental amended) and references to notices and proceedings business day a communication is to be treated as condition of the lot. are to notices and proceedings under that Act. received on the next business day. G22. Service Charge G24.2 Where practicable, without exposing the seller to G22.1 This condition G22 applies where the lot is sold subject liability or penalty, the seller must not without the G28.4 A communication sent by a postal service that offers to tenancies that include service charge provisions. written consent of the buyer (which the buyer must normally to deliver mail the next following business G22.2 No apportionment is to be made at completion in not unreasonably withhold or delay) serve or respond day will be treated as received on the second respect of service charges. to any notice or begin or continue any proceedings. business day after it has been posted. G22.3 Within two months after completion the seller must G24.3 If the seller receives a notice the seller must send a G29. Contracts (Rights of Third Parties) Act 1999 provide to the buyer a detailed service charge account for copy to the buyer within fivebusiness days and act No one is intended to have any benefit under the the service charge year current on completion showing: as the buyer reasonably directs in relation to it. contract pursuant to the Contract (Rights of Third (a) service charge expenditure attributable to each G24.4 Following completion the buyer must: Parties) Act 1999. tenancy; (a) with the co-operation of the seller take immediate G30. Extra General Conditions

45 AUTHORISATION FORM FOR BIDDING BY TELEPHONE, internet OR PROXY

I hereby instruct Network Auctions (the ‘Auctioneers’) to bid on my behalf in accordance with the terms and conditions shown in this agreement. I acknowledge that if my bid is successful I will have entered into a binding contract to purchase the lot and authorise the Auctioneers herewith to sign the auction contract on my behalf.

Name...... Telephone (tick) Internet (tick) Proxy (tick)

Address ...... Postcode......

TELEPHONE NUMBERS

Business...... Home...... Mobile......

Email address ......

Address of Lot ...... Postcode......

Lot No......

Amount of deposit ......

Maximum bid (Figures)...... (Words)......

Solicitors ...... Solicitors Tel No......

Contact Name ...... Email......

Solicitors Address ...... Postcode......

Signed ...... Date......

TERMS & CONDITIONS FOR BIDDING BY TELEPHONE, INTERNET OR PROXY

1. The completed form must be delivered to Network the Auctioneers will not be liable to the bidder if he/ In addition to the above terms and conditions the Auctions (133 The Parade, Watford, Hertfordshire, she fails to check. following four apply to telephone bidders only: WD17 1NA) no later than twenty four hours prior 6. The bidder is deemed to have read the auction 1. The Auctioneers will attempt to make contact with the to the auction with the appropriate payment. If you catalogue, the Auctioneers’ ‘Important Notes For bidder on the telephone number/s provided but take no intend to bid for more than one lot then a separate Auction Bidders’ and to be aware of the guide price responsibility for the availability, quality or sustainability form for each lot must be completed. that the Auctioneers are quoting. of ‘the line’. When contact is made a member of the 2. The completed form must be delivered with Auctioneers’ staff will take bids from the bidder and 7. If the bidder attends the saleroom without having a payment to include the deposit of 10% of the relay them to the Auctioneer. cancelled this agreement and bids for the lot in maximum bid (subject to a minimum of £2,500) and 2. If telephone contact is ‘lost’ or a connection cannot the auctioneers’ administration fee of £750 plus person, the Auctioneers are free to accept such bids in addition to any bids made under this agreement. be made the bidder hereby authorises the Auctioneers vat (£900). This payment can be made by cheque to bid on his/her behalf up to the maximum bid amount or banker’s draft (payable to Network Auctions). 8. The Auctioneers assume that the bidder is bidding shown on page 1 of this agreement. Payments by credit card or cash cannot be accepted. for himself/herself. If the bidder intends to purchase 3. A bidder bidding by telephone may exceed the Cheques supplied by unsuccessful bidders will be the lot in a name other than his/her personal name maximum bid amount shown on page 1 and undertakes destroyed. (and other than as shown on page 1 of thisagreement), to provide the additional deposit funds (the difference arrangements must be made with the Auctioneers 3. If the bidder purchases the lot at less than ten between the deposit provided and 10% of the purchase times the sum of the deposit provided, the whole in advance. price) to the Auctioneers immediately post auction. of the deposit provided will be used as the deposit 4. The Auctioneers reserve the right not to bid on behalf payment and an adjustment will be made at Proof of Identity of the bidder in the event of any uncertainty, error or completion by the seller’s solicitors who will provide a The completed form must be delivered with proofs of disagreement and give no guarantee that any bid can completion statement showing the adjustment. identity as detailed in the auction catalogue. Without these the Auctioneers will be unable to action this bid. be communicated to the Auctioneer prior to any other 4. The bidder is deemed to have inspected the legal bids made in the saleroom. pack and to have taken all necessary legal and other In addition to the above terms and conditions the professional advice prior to bidding. The bidder is following applies to internet bidders only: In addition to the above terms and conditions the also deemed to have viewed the property (where 1. Internet bidders accept that access to Essential following two apply to proxy bidders only: viewings are made available by the Auctioneers). information Group’s (EIG) services (via EIG’s or 1. The Auctioneers will make bids for the bidder up 5. The bidder is deemed to have full knowledge Network Auctions’ website or services) could be to the maximum amount shown on page 1 of this of the General and Special Conditions of Sale and interrupted or withdrawn at any time. If you intend agreement, but not higher under any circumstances. the Notice to All Prospective Buyers therein. The to bid by internet you should also consider making 2. The Auctioneers undertake with the bidder to make bidder is also deemed to have full knowledge of any an alternative provision for making bids prior to the an initial bid on the bidder’s behalf at a figure no higher addendum produced by the Auctioneers at or prior auction. Neither the Auctioneers nor EIG have any than the reserve price and further undertake to bid to the auction. Bidders are advised to check whether liability if a bid fails to be received by us or if the bid is incrementally on the bidder’s behalf as per other bids any relevant addendum has or will be produced, but delayed or made in error for any reason. made in the saleroom.

46 www.networkauctions.co.uk

MEMORANDUM

Date:......

Name of Seller:......

Address of Seller:......

Name of Buyer:......

Address of Buyer:......

Phone Number:...... Email:......

Lot Number:......

Address:......

‘The Price’:......

‘Administration Charge’: £750 +VAT payable by the buyer to The Auctioneers in addition to ‘The Price’

‘The Completion Date’:......

Deposit Paid to Auctioneers:......

Balance due at Completion:......

The seller agrees to sell and the buyer agrees to buy ‘The Lot’ for ‘The Price’ and to complete the purchase on ‘The Completion Date’.

This agreement is subject to the Auctioneers’ Conditions of Sale, Common Auction Conditions (Edition 3) and General Conditions of Sale (as published in the auction catalogue) and the Special Conditions of Sale (as provided in the Legal Pack and as settled by the seller’s solicitors).

Signed on behalf of the Seller:...... By Network Auctions for and on behalf of the seller

Signed by the Buyer:......

Buyer’s Solicitors:......

Phone Number:...... Email:......

Name of Solicitor:......

NA_Cover_SEPT 16.indd 5 18/08/2016 09:26 Property to Sell? Talk to us We are pleased to advise on LOCAL EXPERTISE | NATIONAL COVERAGE all aspects of selling by auction and provide appraisals for properties anywhere in the UK.

Our unique approach combines PROPERTY AUCTION CATALOGUE major auction events in London and Birmingham with a network of partner firms throughout the country. WEDNESDAY 14 SEPTEMBER 2016 at 2:00 pm Sellers benefit from the best of both Grosvenor House hotel, 86-90 Park Lane, worlds – expert local marketing London W1K 7TN combined with national exposure, it’s the right way to achieve the best possible price for your property.

FUTURE AUCTIONS LONDON Wednesday 19 October 2016 Thursday 8 December 2016

BIRMINGHAM Tuesday 25 October 2016 Wednesday 14 December 2016

E [email protected] T 020 7871 0420 www.networkauctions.co.uk

133 The Parade, Watford, Hertfordshire WD17 1NA

NA_Cover_SEPT 16.indd 2 18/08/2016 09:25