Online Property Auction Catalogue July 2018

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Online Property Auction Catalogue July 2018 Auction 039 Online Property Auction Catalogue July 2018 Starts // Ends // Wednesday Thursday 26th July 25th July from 10.30am 50TH ANNIVERSARY 1968-2018 0115 924 3243 FOR SALE BY AUCTION Online Property Auction 25-26 July 2018 (Lot 1 - Job Centre Plus) Guide Price* £450,000+ 23 Grove Street, Retford, Nottinghamshire, DN22 6JR Key Features / Prime freehold retail investment / Passing Rent - £31,450 pax / Government tenant - Secretary of State for Communities and Local Government / 10 year FRI lease expiring 31st March 2028 (lease renewal) Joint Auctioneers / 6.65% Net initial yield after John Pye Property purchasers costs Richard Reed BSc (Hons) MRICS MNAVA / Tenant in occupation since 1992 [email protected] 0115 970 6060 / 020 7456 6750 / Scheduled to be retained under DWP Estates portfolio rationalisation Innes England / Nearby occupiers: TSB, Santander, Steve Holland BSc (Hons) MRICS MCIArb KFC and Argos [email protected] 0115 924 3243 / Residential / 0115 970 6060 / [email protected] / Commercial / 020 7456 6750 / johnpye.co.uk JOHN PYE ONLINE COMMERCIAL VALUATIONS PROPERTY AUCTIONS RESIDENTIAL AGENCY Overview MAINTENANCE & SECURITY *Guide Price: Each property is subject to Online Property Auction Lot Listing a Reserve Price which may be different of Properties from the Guide Price Lot Property Address Guide Price* in this Auction 1 23 Grove Street, Retford, Nottinghamshire, DN22 6JR £450,000 2 Seven Sisters Workingmen’s Club, Heol y Felin, Seven Sisters, SA10 9BD £75,000 3 Old Brewery House, Potter Street, Worksop, Nottinghamshire, S80 2AQ £295,000 4 Prohibition House, Trinity Street, Stoke on Trent, ST1 5LA £350,000 - £400,000 5 16 Carlton House, 307 Anlaby Road, Hull, HU3 6AB £25,000 6 4,6 & 8 Edith Road, Clacton-On-Sea, Essex, C015 1JU £1,350,000 7 Land to the East of Queen Street, Queensferry, Deeside, CH5 1TB £27,500 8 67 Harrington Street, Cleethorpes, Lincolnshire, DN35 7BQ £43,000 9 63 Greenrigg Road, Cumbernauld, Glasgow, Dunbartonshire, G67 2QA £18,000 10 Byron Bingo, High Street, Hucknall, Nottinghamshire NG15 7HQ £375,000 - £425,000 11 Bellview Bungalow, Britjweunydd Road, Tonypandy, CF40 2NY £180,000 12 8 High Street, Galashiels, TD1 1SD £125,000 13 145 High Street, Abersychan, Wales, NP4 7AB £100,000 - £110,000 14 33 Richarsdon Road, Leeds LS9 9BQ £89,950 15 67 Basford Road, Nottingham, NG6 0JG £99,000 16 5 Claycliffe Avenue, Barnsley, Sourth Yorkshire, S75 1HJ £110,000 17 21 Beaconsfield Street, Nottingham, NG7 6FD £120,000 18 15 Parliament Street, Newhall, Swadlincote, Derbyshire, DE11 0SQ £60,000 19 The Post Office, Worsbrough View, Tankersley, Barnsley, S75 3A £145,000 - £170,000 20 Land and building to the rear of 1 Prestwood Drive, Aspley, Nottingham, NG8 3LY £40,500 21 191 Acomb Street, Manchester, M14 4DY £185,000 22 8 Chapel Street, Disington, Cumbria, CA14 5UL £55,000 - £60,000 23 2 Cannon Street, Sherwood, Nottingham, NG5 2HB £120,000 24 1 Helvetia Street, Catford, London, SE6 4EX £495,000 25 Plot 81, Mill View, Hook Road, North Warmborough, Hook, Hampshire, RG29 1HD £4,750 26 107 Lynwood Avenue, Darwen, BB3 0HZ £95,000 27 43 Princess Crescent, Doncaster, DN12 1BA £35,000 28 17-35 Crosby Street, Martport, Cumbria, CA15 6DS £265,000 -£285,000 29 Unit 1 and Unit 3, Church Street, Blyth NE24 1BG £850,000 30 6, Dynevor Close, Skewn Neath, West Glamorgan, SA10 6TN £49,500 Important Notice - Proof of Identification Two forms of identification (from the list below) MUST be provided by the winning bidder within 24 hours of the auction finishing. 31 Land and Buildings, on the south west side of Westleigh Lane, Leigh £15,000 - £20,000 Identity Documents • Current signed passport • Current UK photo card driving licence • Current driving licence (old version) 32 Land South East side of New Hall Avenue, Eccles, aka Ivory Close, Eccles, Manchester, M30 7LE £17,500 - £22,500 • Residential permit issued by the Home Office to EU Nationals • Inland revenue tax notification • Firearms certificate Evidence of address • Current driving licence (old version) • A utility bill issued within the last 3 months • Local authority tax bill (current year) • Bank, building society or credit union statement • Most recent mortgage statement from a UK lender. Alternatively your solicitor can write to us to confirm your identity. 4 Property Auction July 2018 - Catalogue Property Auction July 2018 - Catalogue 5 Prior to Auction Property particulars and 1. Guide Prices 5. Survey Property All properties being sold through Have a surveyor look at the property, auction information John Pye Property online auction if necessary. Appointments can be will have guide prices, which will made for the surveyor to access the feature in the property online auction property, please email John Pye All information regarding the catalogue. This catalogue will be Property via email with any such online auction, properties for available prior to the auction start requests. sale, previews and the Online date. Guide prices are subject to Auction Catalogue can be change. Up to date guide prices can also be found on our website 6. Arrange Finance found on our website www.johnpye.co.uk/property. www.johnpye.co.uk/property It is important your finances are in place prior to bidding on a lot. If borrowing is required, the lenders 2. Property Viewings may require a surveyor to undertake We strongly advise any interested a valuation report prior to making a parties to view a property before mortgage offer. It is important to a bid is placed. Viewings will be make a mortgage application as early co-ordinated as either open day as possible, as successful bids are viewings on specific dates or by subject to 20 working days prior appointment. Details of completion, unless stated otherwise. specific viewing arrangements You should discuss the nature of can be found in the online the auction sale and timescales catalogue. with your lender. We operate a two day online auction bidding process, affording 3. Legal Documents buyers more time to arrange their For each property the vendor’s necessary finances. Any successful solicitors will prepare a legal pack. bidder will be required to pay a 10% All property legal packs are available deposit of the purchase price within to download on our website 24 hours of the online auction www.johnpye.co.uk/property, or ending. from the vendor’s solicitors - details of which will be disclosed in the online auction catalogue for each 7. Read and Understand individual lot. All legal packs will be all Terms and Conditions made available to download at least It is important to read and 7 days prior to the online auction understand all of the Terms and commencing. Conditions of the online property auction and legal documentation of the individual lots. 4. Legal Advice The full Terms and We recommend you obtain Conditions can be found at independent legal advice prior www.johnpye.co.uk/propertyterms to bidding. Property legal packs and documentation should be passed to your legal adviser, who should be able to help you make an informed decision about the lot. Further information may be available from the vendor’s solicitors. 6 Property Auction July 2018 - Catalogue Property Auction July 2018 - Catalogue 7 Online Bidding & After Auction 1. Registration to bid 2. Addendum Before bidding on any property Before the start of the online auction, during the online auction you must all bidders should check the provide the following through our addendum sheet, this will detail any Information for a website: changes to the property online auction catalogue details. • Registration of bidder smooth transaction The addendum sheet can be found • Payment of refundable at www.johnpye.co.uk/property. registration fee All information regarding the online auction, properties for 3. Bidding Process Registration of Bidder sale and the Online Auction The bidding process will take place Catalogue can be found You can register to bid on our typically over a two day online on our website website www.johnpye.co.uk. property auction. Bidding on all lots www.johnpye.co.uk/property. You will be required to provide your will begin at the same time. name, address and contact details All lots will be offered for sale subject - you can provide your solicitor’s to an undisclosed reserve price, details if you have them. The unless stated otherwise. refundable registration fee can be paid at this stage, which will When bidding begins, bidders can allow you to bid. bid on lots once the refundable registration fee has been paid. We advise all seriously interested Refundable Registration Fee – parties provide their proof of Single Purchase Account identity at this stage. In order to set up an online auction Bids prior to auction may only be bidding account, each bidder must made through the online platform. register and pay a refundable registration fee of £500 per auction, The online auction will conclude per property (to bid on one property with a staggered finish of 10 minute only). The auctioneers reserve the intervals per lot. Once this time right to increase the refundable has elapsed and the 3 minute rule has registration fee at their discretion. been applied, the virtual gavel will effectively fall and the sale will close. The registration fee is refunded if no property is purchased; it is also 3 Minute Rule refunded if your bid is successful and This rule mirrors the principals of a will be refunded, once the property live traditional auction whereby an has exchanged contracts and the auctioneer will still entertain bids deposit (which includes the buyer’s from interested parties, enabling all premium) has been paid. bidders to lodge their interest. In the event of last minute bids a 3 minute rule will apply.
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