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Next Auction Dates PLEASE NOTE CHANGE OF DAY Monday 16th March 2020 2.00pm The Etihad Stadium 93.20 Central Manchester City Football Club Sport City Manchester M11 3FF AUCTION VENUE Etihad Campus Briscoe Lane Philips Park GAS Key: Bradford Road M60N A1 Entrances Bus Stops G Metrolink Stops GAS H GATE 2 Etihad Campus Car Parking 53, 217, 218 Etihad Stadium Joe M M L Manchester Regional Arena A National Squash Centre K ercer Tennis l a n J Centre U Main Entrance T Way u - The Colin Bell Stand r i CITY STORE n g F East Stand Entrance & TICKET OFFICE W a £ Cash Machine y BT CITY SQUARE A 6 t BARS & CAFE 0 e 1 e r 0 t S GATE 3 t c u S ibbon treet d National G a i Squash V £ w Centre A1 e As A2 hton Canal N B1 Z3 B2 Manchester Z1 C Y2 Regional D Arena Y1 Monday 16th March 2020 X E W F V Philips Park Rd Rowsley G 2.00pm Street U H T J ASDA S A K1 K2 GATE 13 R P2 Commonwealth Way L1 P1 N2 L2 GATE 11 Citizens Way N1 M2 M1 J The Etihad Stadium CA B R DE ALERSHIP C Ashton New Road D Ashton New Road 188,216,217, 188,216,217, 218,231,236, 218,231,236, Gre 93.20 Central 237 237 Councillor St city@home GATE 7 y Mare Ln Manchester City Football Club Albert Street M60S/E Sport City Manchester M11 3FF Visitors directions on the day Everyone attending the auction should enter via gate 7 on Ashton New Road (A662) and park in the adjacent Car Park. The 93.20 Central is accessible via the South Stand Reception (Near M2) and overlooks Ashton New Road. Now Taking Entries for our next auction NO SALE NO FEE 12th May 2020 Please call for your free appraisal 0161 925 3254 auctionhouse.co.uk/manchester MESSAGE FROM THE AUCTIONEERS Ian Hill BSc (EstMan) Amanda Lamont Victoria Hindle Yvette Taylor Sarah Lynn FRICS MNAVA Registration Administrator Administrator Director Manager/Valuer 2020 Off to a Strong Start The auction year has started with a burst of entries, increased buyer interest and strong results with our February Auction being a perfect example of how Regional Auction Rooms can achieve some stunning prices with many properties achieving significantly more than the top Guide Price. Nationally, Auction House confirmed a record annual achievement of 3,810 Lots sold in room auctions. This represents a 2.7% increase year on year at a time beset first by Brexit uncertainty, then a General Election and a reported auctions sector decline of 7.1%. There really is no better way to sell a vacant property or one that is tenanted with Land and Commercial Lots becoming more sought after too. As usual we have a great mix of properties to suit all pockets and requirements. With Guide Prices from £7,500 there really is no better opportunity to get on the property ladder. For those with slightly deeper pockets there are a number of very attractively guided properties some with excellent potential to add value with refurbishment such as Lot 5, 8 Melverley Road or Lot 11, 61 Hawthorn Street. For those looking for immediate income Lot 23, 3 Oakwood Court must be attractive. For those looking for larger prospects Lot 21, 127 Oldham Road and Lot 19, 29 York Street offer excellent opportunities to maximise income from the space available. Finally, Lot 28, 97 Lees Road has to be the “Star Project” of the auction offering a blank canvas and the ability to create a stunning family home. Without doubt we are witnessing a resurgence in demand and with our region being consistently tipped for future price growth we need more listings to satisfy the increased activity levels we are experiencing from both home and abroad. Without doubt now is a great time to sell surplus assets, vacant properties and tenanted investments and Auction House Manchester is perfectly placed to provide the quickest route to securing the best price. So, speak to myself or Amanda and take advantage of our NO SALE NO FEE offer including FREE ENTRY. Good luck with your bidding! Ian Hill INTRODUCING AGENTS NEXT AUCTION DATES 12th May 2020 • 7th July 2020 • 1st September 2020 • 19th October 2020 AUCTION INFORMATION Administration Charge Purchasers will be required to pay by cheque, an Pre Auction Sales Offers made on property included in this auction may be administration charge of 0.9% inc VAT of the purchase price subject to a accepted by the Vendor prior to the auction. In such instances all buyer minimum of £1080.00 (£900 + VAT) or the fixed figure as stated in the charges will be payable including the Administration Charge, any Buyers property details, in addition to the deposit. A VAT receipt will be issued after Premium plus all other payments detailed in the Special Conditions of Sale. the auction. Some lots may carry additional charges, please check the If you are intending to bid at the auction for a specific lot, we recommend catalogue description and legal pack. that you keep in contact with the Auctioneer's office. Attending the Auction It is always wise to allow sufficient time to The Auctioneers or Vendors cannot be held responsible for costs incurred in get to the auction. Legal packs for most of the properties will be respect of any lot which is withdrawn or sold prior to auction. available for inspection. It is important you read these and the final Post Auction Sales If a property you are interested in is not sold during the addendum/amendment sheet which will also be available as any auction please speak to the Auctioneer and make an offer at, above or below purchase will be subject to these. the Guide. Your offer will be put forward to the Vendor and if accepted, you Bidding Each property will be offered individually by the Auctioneer. Ensure will be able to proceed with your purchase under auction rules. Offers should that your bids are clear and noticed by the Auctioneer. If you are successful take into account the Administration Charge, any Buyers Premium plus all in bidding for the property you will be approached by a member of Auction other payments detailed in the Special Conditions of Sale as all of these are House staff who will request your personal information and identification. still payable irrespective of the circumstances. You will then be guided to our administration area and then the cashier desk Proof of Identification In order to comply with Anti-Money Laundering for payment of the deposit. regulations we ask that all prospective purchasers provide Proof of Identity Bidding by Proxy or Telephone If you are unable to attend the auction you and Residence. Please bring your passport or photographic UK driving licence are invited to contact us to discuss special arrangements for bidding by proxy and a recent utility bill, bank statement or council tax bill to the auction. If or telephone. A Non-Attending Bid or Telephone Bid form and conditions purchasing on behalf of a company you will also need a letter of authority are included in auction catalogues or can be downloaded from the Bidding on company letterhead. We will carry out Electronic AML checks on successful Form links on our website. buyers and remote bidders. It will include a search with Experian who may check the details you supply against any particulars on any database (public Buyers Premium Purchasers of some lots will be required to pay a Buyers or otherwise) to which they have access. They may also use your details in Premium to the auctioneer in addition to the deposit - see individual the future to assist other companies for verification purposes. A record of property details. the search will be retained. Deposit When you sign the Memorandum of Sale you will be asked to pay Reserve Price Each property will be offered subject to a reserve price which a deposit of 10% of the purchase price subject to a minimum deposit of we expect will be set within the guide price range or no more than 10% above £5,000. Deposits can only be paid by electronic bank transfer, bankers draft, a single figure guide. This is a confidential figure set between the Vendor and personal cheque, debit card or building society cheque. Cash or credit card the Auctioneer just prior to the auction. It is a figure below which the payments will not be accepted. Please note, should the cheque have to be Auctioneer cannot sell the property during the auction. After the auction represented, a processing charge of £60.00 (£50.00 + VAT) will be charged offers will be sought and considered on Unsold Lots at prices below the by deduction from the deposit. reserves. Disbursements Some disbursements may become payable by the purchaser Solicitors Details The name, address and telephone number of the solicitor on completion, these will be detailed in the Special Conditions of Sale within who will be acting for you in any purchase will be required before you leave the property’s Legal Pack. the auction room. Disclaimer Particulars on the website and within our catalogue are believed The Catalogue Details of the property and land to be sold are set out in our to be correct but their accuracy is not guaranteed. Information relating to catalogue and on our website auctionhouse.co.uk All lots are sold subject to Rating matters has been obtained by verbal enquiry only.
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