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LOCAL E X PERTISE | NATIONAL COV ERAGE PROPERTY AUCTION CATALOGUE WEDNESDAY 14 MAY 2014 at 11:00 am THE LEGENDS LOUNGE BIRMINGHAM CITY FOOTBALL CLUB st andrew’s stADIUM, BIRMINGHAM B9 4NH www.pennycuick.co.uk NA_PCC_A5_COVER_MAY 14.indd 2 23/04/2014 12:16 WELCOME STUART TULLAH FNAVA FNAEA MARLA Pennycuick Collins is delighted to announce that it has linked up with leading London based Auctioneers Network Auctions. This joint venture will see us running property auctions in both birmingham and london and we welcome you to our first catalogue. Our March auction was a great success with a very busy saleroom, an 83% sales rate and sales topping £1m. Pennycuick Collins proudly maintains the highest sales success rate of any Birmingham based auctioneer over the last 10 years (source: www.eigroup.co.uk). For buyers we provide a range of bidding options, including telephone and proxy. Our venue is very comfortable and there is ample free parking right outside the door. For sellers we guarantee excellent exposure to the marketplace and our new venture with leading UK auction house Network Auctions means our clients have a unique opportunity to sell through a Birmingham or London saleroom. Our auction catalogues and newsletters are now distributed to an even wider audience of potential buyers, investors and ‘property people’. Both Pennycuick Collins and Network Auctions enjoy a sizeable following on social media. Follow us on Twitter: @PennycuickColl & @NetworkAuctions. We are already accepting entries to our upcoming auctions on 25th June in London and on 16th July in Birmingham and if you have a property to sell please contact us. To find out more about pennycuick Collins and its wide range of professional services visit our website at www.pennycuick.co.uk. We look forward to seeing you on 14th May. Stuart Tullah FNAVA FNAEA MARLA, Auctioneer VENUE LOCATION THE LEGENDS LOUNGE, BIRMINGHAM CITY FC, st andrew’s stADIUM, BIRMINGHAM B9 4NH Directions TERY LANE TERY Getting to St. Andrew’s WA Birmingham City Football Club is located a VENETIA ROAD mile and a half from Birmingham city centre and is easily accessible from all major road TO M6 GARRISON LANE routes and motorway networks. ST. ANDREW’S STREET TRANSPORT LINKS LANE RY Nearest train stations: A45 TO DIGBETH HIGH STREET TE ON ROAD WA LT Birmingham New Street: 1.3 miles TI Birmingham Moor Street: 1.9 miles A4540 www.bcfc.com COVENTRY ROAD CATTELL ROAD CAR PARK A45 SMALL HEATH HIGHWAY ENTRANCE COVENTRY ROAD ARTHUR ROAD ARTHUR TO NEC M42 (J6) A4540 HIGHGATE MIDDLEWAY ROAD HERBERT M1, M45 & M40 NA_PCC_A5_COVER_MAY 14.indd 3 23/04/2014 12:16 ORDER OF SALE LOT ADDRESS GUIDE PRICE 1 90 Stoney Lane, Sparkhill, Birmingham, B12 8AF £120,000 - £125,000 2 34 Bennett Road, Four Oaks, Sutton Coldfield, B74 4TH £450,000 - £475,000 3 15 Endwood Court, 1 Handsworth Wood Road, £42,000 - £44,000 Handsworth Wood, Birmingham B20 2RZ 4 76 Baltimore Road, Great Barr, Birmingham, B42 1QN £80,000 - £85,000 5 1 Oak Tree Lane, Selly Oak, Birmingham B29 6JE £150,000 6 Land at Fastmoor Oval, Feltham Close & Byfield Close, Nil Reserve Tile Cross, Birmingham, B33 0NR 7 1133 - 1137 Pershore Road, Stirchley, Birmingham, B30 2YJ £220,00 - £225,000 8 21 Glaisdale Road, Hall Green, Birmingham, B28 8PX £150,000 - £155,000 9 8 Wyvern Grove, Selly Oak, Birmingham, B29 6RN £125,000 - £130,000 10 Flat 5 Unett Court, St Matthews Road, Smethwick, B66 3TN £25,000 11 Flat 6 Unett Court, St Matthews Road, Smethwick, B66 3TN £25,000 12 58 Gold Street, Wellingborough, Northamptonshire NN8 4QT £82,000+ 13 Flat 4, 19 Bedford Square, Brighton, East Sussex, BN1 2PN £65,000+ NA_PCC_A5_INNER_MAY 14.indd 1 23/04/2014 11:35 IMPORTANT NOTICES TO BE READ BY ALL BIDDERS Conditions of Sale contract the vendor reserves the right with the Auctioneers by telephone, or to claim any loss suffered as a result. on their website, at any time prior to 1 All lots will, unless previously the auction that any particular lot is sold or withdrawn, be sold subject 4 Where a bidder is bidding on behalf still to be offered in the saleroom. to the Common Auction Conditions of someone else (a third party), the (Edition 3) (printed at the rear of Auctioneer will treat the bidder as 9 Auction catalogue amendments this catalogue) and the special bidding personally for themselves, (addendum) are displayed in the and standard conditions of sale unless the third party has given a letter saleroom on the day of sale and which have been prepared by the of authority to the Auctioneer prior are read by the Auctioneer at vendor’s solicitors. These conditions to the auction commencing and has the commencement of saleroom are available for inspection at the proved their identity and address, and proceedings. All bidders are deemed Auctioneers’ offices and on its that of the bidder, to the Auctioneer’s to be aware of any addendum website (www.pennycuick.co.uk), satisfaction. Please consult the and any other announcements and will be available in the saleroom Auctioneers for further guidance in made by the Auctioneer and bid on the day of the auction, but will not respect of third party bidding. subject to these addendum and then be read. All bidders are deemed announcements. It is essential to have inspected these conditions, 5 A successful bidder is liable for therefore to arrive at the saleroom and bid upon these terms. insuring the property as soon as the prior to the commencement of Auctioneer’s gavel falls, and should proceedings at 11.00am so there is have made prospective arrangements 2 Bidders are assumed to have time to check any addendum and beforehand. inspected any property they bid for, and hear any announcements. are assumed to have made whatever 6 The purchaser is required to enquiries are prudent including 10 Arrangements to view any complete the purchase twenty eight pre-contract searches and enquiries, lot must be made through the days after the date of the auction, enquiries to relevant authorities, service Auctioneers’ office. No guarantee is unless the Auctioneer or special providers, or other bodies, and are given that viewing of any particular conditions of sale specify otherwise. assumed to have taken professional lot will be possible and viewing of The purchaser must have made advice with regard to the title and tenanted properties is by courtesy suitable finance arrangements in condition of the property. of the tenant. The Auctioneers will good time prior. however make every reasonable effort 3 When the Auctioneer’s gavel falls to make lots available for viewing. the successful bidder has entered 7 The Auctioneers may make into a binding contract to purchase guide prices available for certain 11 The Auctioneer reserves the the property. The purchaser must lots and these will be published in right to refuse to accept bids, and then present immediately to the the catalogue, and may also be need not explain why. If there is any Auctioneer’s clerk their name, obtained from the Auctioneers’ office dispute relating to bids or bidding, the address, solicitors’ details and or website. The Auctioneers cannot Auctioneer shall be entitled to resolve telephone numbers. The purchaser accept any responsibility for the the dispute, and his decision shall be must then sign and exchange accuracy of guide prices, as they final. Unless stated otherwise each contracts with the vendor’s solicitors are intended as a guide only. Any lot is subject to a reserve price. If no (or their agents) prior to leaving guide prices or estimates of value bid equals or exceeds the reserve the saleroom. At the same time mentioned by the Auctioneers or the purchaser must pay to the their representatives cannot be relied price the lot will be withdrawn from the Auctioneers (or their agents) a upon, and prospective purchasers are auction. The vendor may bid, or ask deposit, by cheque or debit card, for deemed to have taken professional the Auctioneer or another agent to bid 10% of the purchase price (or £2,500, advice with regard to the value of any on his behalf, up to but not equalling whichever is the greater). lot for which they bid. or exceeding the reserve price. Proof of identity and address will be 8 The vendor of any lot has the right 12 There is an administration required from purchasers, as detailed to sell that lot prior to the auction, or charge payable by the purchaser on the opposing page. withdraw it from the auction. Neither to the Auctioneers of £750 plus vat the vendor nor the Auctioneers will in respect of all lots offered for sale In default of any part of the above, the be responsible for any abortive in this auction catalogue, whether Auctioneer shall be entitled as agent costs, loss or damages incurred by they are purchased in the auction for the vendor to treat the failure or a prospective purchaser. Enquiries saleroom, prior to auction, or post default as repudiation and rescind the to the Auctioneers as to whether a lot auction. This charge must be paid to contract. Thereafter the Auctioneer has been sold prior to, or withdrawn the Auctioneers in the saleroom, or shall be entitled to re-offer the property from, the auction are valid only up where the lot is purchased prior to, for sale. If the purchaser does not pay to the time that the enquiry is made. or post auction, upon receipt of the the deposit and/or does not sign the Prospective purchasers can check Auctioneer’s invoice.

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