Auction Catalogue October 2013
EXETER 31st October Sandy Park Conference Centre Registration from 11.00am Commencing at 1.00pm
WESTCOUNTRY AUCTION_311013.indd 1 04/10/2013 12:17 Auction Calendar 2013
REGIONAL & NATIONAL
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
Birmingham 15th 4th
Glasgow 5th 25th 11th 24th
London 30th 19th 30th 6th 16th 10th 22nd 10th
Manchester 14th 16th 3rd 5th
Nottingham 14th 4th 6th
Closing Date 7th Jan 7th Jan 15th Feb 22nd Mar 15th Apr 8th May 11th Jun 5th Aug 23rd Sep 7th Nov
WESTCOUNTRY
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
Exeter 20th 18th 19th 12th 31st 12th
Closing Date 23rd Jan 20th Mar 15th May 7th Aug 2nd Oct 15th Nov
ALL CORRESPONDENCE: HEAD OFFICE LONDON OFFICE WESTCOUNTRY OFFICE 80–86 New London Road, Tel: 0207 963 0628 Tel: 0870 241 4343 Chelmsford, Essex CM2 0PD Email: [email protected] Email: [email protected] Tel: 0870 240 1140 Email: [email protected]
Venues
EXETER AUCTION SANDY PARK CONFERENCE CENTRE Sandy Park Way, Exeter EX2 7NN BIRMINGHAM AUCTION ASTON VILLA FOOTBALL CLUB Trinity Road, Birmingham B6 6HE MANCHESTER AUCTION HAYDOCK PARK RACECOURSE Newton-le-Willows, Merseyside WA12 0HQ GLASGOW AUCTION SWALLOW HOTEL 517 Paisley Road West, Glasgow G51 1RW NOTTINGHAM AUCTION NOTTINGHAM RACECOURSE Colwick Park, Nottingham NG2 4BE LONDON AUCTION LE MÉRIDIEN HOTEL 21 Piccadilly, London W1J 0BH
WESTCOUNTRY AUCTION_311013.indd 2 04/10/2013 12:17 Auctioneer’s Welcome
Welcome to Westcountry Property Auctions
On behalf of the Auction Team I would like to extend to you our warmest thanks for attending our October auction. We have a number of very interesting Lots on offer including properties for renovation, parcels of land and development opportunities.
I look forward to the pleasure of your company ANDREW JARROLD at Sandy Park Conference Centre on 31st Auctioneer & Head of October; of course it’s Halloween so hopefully Westcountry Property Auctions you will be in good spirits!
The Team
ANDREW BROWN WENDY ALEXANDER AUDREY SMITH MARTIN HARDY ANDY GENT Managing Director Senior Appraiser – Appraiser – Sales & Operations Auction Process Westcountry Westcountry Manager Manager
STEPHANIE JO CUNNINGHAM KATY DALLY Sarah Nixon MELISSA KENNEDY JOHNSON Accounts Manager Auction Administrator Auction Administrator Auction Administrator Auction Administrator
3
WESTCOUNTRY AUCTION_311013.indd 3 04/10/2013 12:17 General Important Notes
General Important Notes
Legal Packs A Legal Pack will be prepared for each property by the Deposit When you buy a property, you will be asked to come to the seller’s solicitors. It will generally consist of the Memorandum of Sale, settling desk to sign the Memorandum of Sale in duplicate. At that time you Special Conditions of Sale, the Local Search (if and when available), the will be asked to provide a deposit. This will be 10% of the purchase price Land Registry Search, the Epitome of Title and a copy of any lease affecting or a minimum of £2,000 (i.e. properties sold for less than £20,000 will have the property. The pack may be inspected during normal offi ce hours at the a minimum deposit of £2,000). Some variations to these fi gures may occur Auctioneers’ offi ces from the date it is received by them. It may also be to accord with individual vendor’s requirements. Check with the Auctioneers inspected in the auction room on the day of the auction. It is important that before you come to the auction as to the deposit required regarding the either you or your solicitor inspects this pack prior to auction. property of your choice. Deposits can only be paid by a Bankers Draft, All legal packs can be viewed and downloaded free of charge by visiting Building Society Cheque, Company Cheque or Personal Cheque. Cash will our website, www.countrywidepropertyauctions.co.uk or alternatively a not be accepted. photocopy of the pack is available from the Auctioneers (if received by Administration Charge In addition to the deposit payable upon exchange them more than 2 days prior to the auction). The cost of this service is £25 of contracts, buyers will be required to pay an administration charge of (including VAT), or more if the pack is particularly large. This charge is not £800 (inclusive of VAT) paid by cheque. A full VAT receipt will be issued at recoverable. To use this service telephone the Auctioneers on 0870 240 the auction or the day after exchange of contracts with pre or post-auction 1140 with your credit card details. sales. Plans and Photographs The plans and photographs published in the The Contract Once the Memorandum of Sale has been completed, you catalogue are there to aid identifi cation of the property only. The plans are will be asked to sign two copies, one will be given to you, together with not to scale. a copy of the legal pack, which you must then take to your solicitors. The Guide Price This represents the lowest price the seller may accept for the second copy and deposit are retained for the seller’s solicitors. Completion property prior to the auction, or a range within which a sale prior to auction will usually take place in 20 working days, but this date can vary depending may be achieved. It is not a valuation and, as such, should not be relied upon the seller’s requirements. upon by prospective purchasers who should obtain their own professional Auction Conditions of Sale It is important that you read the Common advice on values. The Guide Price may be amended prior to auction. Auction Conditions of Sale printed towards the end of this catalogue. There Reserve Price Each property will be sold subject to a reserve price. This may be several sets of these conditions, or other general conditions may is a confi dential fi gure agreed between the Auctioneer and the seller prior apply instead, and you should take care which set applies to the property to auction, and is a fi gure below which the Auctioneer cannot sell the you are interested in by checking them in the Legal Pack. property. Addendum The particulars of any property included in the auction may Bidding by Proxy or by Telephone If you are unable to attend require amendment or alteration and this information is contained in an the auction for any reason you may care to make use of our special addendum which will be available at the auction, and which will be referred arrangements for bidding by proxy or by telephone. Please see the bidding to by the Auctioneer prior to the commencement of the auction. Purchasers form and conditions at the end of this catalogue. will buy on the understanding that they are fully aware of the information contained in the addendum. Pre-Auction Sales Offers made on property included in this catalogue may be accepted by the seller before the auction. It is therefore important Post Auction Sales If a property you are interested in is not sold at that you register your interest in any particular property. We are obliged by auction, you may talk with the staff at the auction and make an offer. This law to inform the sellers of any offers made prior to the auction. will be put to the seller for his decision and, if you are successful, you will be asked to complete the Memorandum and pay the required deposit. There are occasions when properties will be sold or withdrawn before auction. Neither the Auctioneers nor the seller will be liable for any Countrywide Property Auctions will keep your personal data on fi le and claim for compensation from a prospective buyer arising out of a sale or may pass this information on to other organisations which are part of, withdrawal of a property prior to auction. or connected with, the Countrywide Group. If you wish to withdraw your consent to this at any time, you can do so by writing to the auctioneers Do ring us on the day before the auction to check whether the property at 80–86 New London Road, Chelmsford, Essex, CM2 0PD. that you are interested in is still on offer. At the same time you may ask for any modifi cations that there may be to the information in the catalogue. This information will be available on the day of the auction as a Catalogue Supplement. Attending the Auction It is always wise to give yourself plenty of time to get to the auctions, which start promptly. Important announcements are made at the start of the auction which could relate to the property you are interested in. Legal packages for all the properties are available for inspection prior to the auction and it is important that you inspect these. We sell approximately 25–35 Lots per hour but you should not rely on these fi gures for calculating the time when your Lot is due, because many Lots may be sold prior to the auction or withdrawn. It is best to be there at the start. Purchaser’s Proof of Identity In order to conform to the Money Laundering Regulations, we ask all prospective purchasers to provide proof of identity at registration which takes place immediately prior to the auction. Please bring to the auction your passport and either a UK driving licence, a current public utility bill, a bank statement or a Local Authority tax bill. Solicitors Details Bring with you the name, address and telephone number of the solicitors who will be acting for you to see you through from exchange of contracts to completion.
Countrywide Property Auctions Limited Registered offi ce is at: 17 Duke Street Chelmsford, Essex CM1 1HP and is Registered in England with Company Number 01506831. www.westcountrypropertyauctions.co.uk
Can’t make the auction? You can still make a telephone or proxy bid on the property you are interested in. 4 For further details contact the Auctioneers immediately. Telephone 0870 241 4343.
WESTCOUNTRY AUCTION_311013.indd 4 04/10/2013 12:17 Westcountry Property Auctions Results
Results Exeter 12th September, 2013
Lot Available Sold Price 101 120 Totnes Road, Paignton, Devon TQ3 3RF £76,000 102 135 Hengar Manor, St Tudy, Bodmin, Cornwall PL30 3PL £47,000 103 9 Lidden Road, Penzance, Cornwall TR18 4PG SOLD PRIOR 104 Little Court, Flat 5 Edwinstowe, Higher Warberry Road, Torquay, Devon TQ1 1SF Withdrawn 105 Flat 16, Apsley Court, 1 Siding Road, Plymouth PL4 6AF £90,000 106 Land at Hemborough Post, Blackawton, Devon TQ9 7DE £250 107 Nutshell & Land at Rosemullion Farm, Rosemelling, Luxulyan, Cornwall PL30 5EQ SOLD PRIOR 108 26 Greenway, Watchet, Somerset TA23 0BP Re-entered into October 109 1 Granary Lane, Budleigh Salterton, Devon EX9 6JD £240,000 110 The Plantation, Devon Road, Salcombe, Devon TQ8 8JJ £16,000 111 Santor, Carluddon, St Austell, Cornwall PL26 8TX £120,000 112 Poncles Place, Back Road East, St Ives, Cornwall TR26 1PD SOLD PRIOR 113 79 Furnham Road, Chard, Somerset TA20 1BE SOLD PRIOR 114 White Horse House, White Street, Ham, Somerset TA3 5NY SOLD PRIOR 115 Land & Former Quarry at Carn Eanes, Pendeen, Cornwall TR19 7DP £9,000 116 39 Thurlocks, Tintinhull, Somerset BA22 8QE SOLD POST 117 Higher Tolcarne Farm, St Day, Redruth, Cornwall TR16 5HA Withdrawn 118 32 & 32A Fore Street, Budleigh Salterton, Devon EX9 6NH Re-entered into October 119 Blossom Cottage, 18 Furrough Cross, Babbacombe, Torquay, Devon TQ1 3SE SOLD PRIOR 120 Flat 3, Carlstan Court, Elmsleigh Road, Paignton, Devon TQ4 5AB £64,000 12190% 34 High Street, East Budleigh, Devon EX9 7ED Sold £170,000 122 Sea View, The Lizard, Cornwall TR12 7NZ Available 123 SnakeyTotal Copse, Kingskerswell, Devonraised TQ12 5DT £3,284,750 £2,000 124 Greenland Cottage, Prospect Terrace, Millbrook, Torpoint Cornwall PL10 1DF SOLD POST 125 Land at Halsinger, Braunton, North Devon EX33 2NL Withdrawn 126 169 Pasley Street, Stoke, Plymouth Devon PL2 1DT £111,000 127 Maycross House, Par Moor Road, Par, Cornwall PL24 2SQ Available 128 Land Adj Bridge Road, Kingswear, Devon TQ6 0DZ £41,000 129 3 Minton Close, St Austell, Cornwall PL25 3JF £102,000 130 9 School Street, Sidford, Sidmouth, Devon EX10 9PF SOLD POST 131 1 Bridge Cottages, Green Lane, Feniton, Honiton, Devon EX14 3BR £135,000 132 Millers Cottage, Lower Alsia, St Buryan, Cornwall TR19 6HG SOLD PRIOR 133 24 Bilston Villas, Crimchard, Chard, Somerset TA20 1JW £97,500 134 5 Westwood Cottages, Templecombe, Somerset BA8 0HW £115,000 135 20 Crockwell Street, Bodmin, Cornwall PL31 2DS £80,000 136 Hill Crest, Hayes Lane, Otterton, Budleigh Salterton, Devon EX9 7JS £271,00
www.countrywidepropertyauctions.co.uk
Guide prices may be amended at any time leading up to the auction. Don’t forget your proof of identity on the day – see page 6 5
WESTCOUNTRY AUCTION_311013.indd 5 04/10/2013 12:17 Conveyancing Services / ID
Countrywide Conveyancing Services
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No further legal fee is payable should your move not proceed as planned • Working for you seven days a week • All under one roof – working closely with your estate agents to • get you moving quickly0 24/7 online access to your transaction details • Regular updates by email and/or SMS text messaging • Guaranteed fixed legal fee, no hidden extras • Confidence in dealing with the country’s largest residential conveyancer • Give yourself the very best chance of achieving Team working for continuous service • a move when you want to - use Countrywide Conveyancing Services’
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www.countrywide.co.uk Attending Solicitors A conveyancing representative will be in attendance at this sale from 11am. Purchaser’s Proof of Identity IMPORTANT INFORMATION In order to conform with the Money Laundering Regulations, all prospective purchasers must provide proof of identity to the Auctioneers at the time that they register to bid immediately prior to the auction. Each purchaser must bring one document from each of the two lists below:
Personal Identifi cation – Either Evidence of Address – Either Current Signed Passport or Public Utility Bill issued within the last three months or Current UK Driving Licence or Local Authority Tax Bill or Bank, Building Society or Credit Union Statement containing Inland Revenue Tax Notifi cation or current address or Fire Arms Certifi cate The most recent original Mortgage Statement or Current UK Driving Licence (if not used as an identity document).
WARNING – YOUR REGISTRATION WILL NOT BE ACCEPTED AND YOU WILL BE UNABLE TO BID IN THE AUCTION UNLESS ADEQUATE IDENTITY DETAILS AND EVIDENCE OF ADDRESS ARE PROVIDED. NOTE – ONLY ORIGINAL DOCUMENTS ARE ACCEPTABLE UNLESS CERTIFIED COPIES ARE SUPPLIED BY YOUR SOLICITORS. IN ADDITION If you are acting as AGENT on behalf of another party, you will be required to provide the documents detailed above both for yourselves (The Agent) and the Principal as well as providing a valid letter of authority from the Principal authorising you to bid on their behalf. If a bidder is acting on behalf of a COMPANY, the above documents will still be required along with written authority from the COMPANY. CASH WILL NOT BE ACCEPTED FOR PAYMENT OF THE DEPOSIT. DEPOSITS MAY ONLY BE PAID BY A BANKERS DRAFT, A BUILDING SOCIETY CHEQUE, A COMPANY CHEQUE OR PERSONAL CHEQUE.
www.westcountrypropertyauctions.co.uk
Can’t make the auction? You can still make a telephone or proxy bid on the property you are interested in. 6 For further details contact the Auctioneers immediately. Telephone 0870 241 4343.
WESTCOUNTRY AUCTION_311013.indd 6 04/10/2013 12:17 Order of Sale
Order of Sale Lot Guide
101 L’Abri, Rock Road, St Minver, Cornwall PL27 6PP £200,000 - £250,000
102 61 Alma Road, Brixham, Devon, TQ5 8QR £70,000+
103 6 Glendaragh Road, Teignmouth, Devon, TQ14 8PH £150,000+
104 Land & Barns at Kit Hill Farm, Kelly Bray, Callington, Cornwell, PL17 8EX £100,000 - £125,000
105 Flat 3 91 Abbey Road, Torquay, Devon, TQ2 5NN £30,000+
106 Wychwood, The Batch, Wincanton, Somerset, BA9 9BG £165,000+
107 Flat 1 Georgian House, The Strand, Starcross, Devon, EX6 8PA £65,000+
108 Land and banks of the River Cober, Trenear, Helston, Cornwall, TR13 0ER £2,000+
109 Crahan Barns and Paddock, Wendron, Helston, Cornwall TR13 0NB £20,000+
110 32 & 32A Fore Street, Budleigh Salterton, Devon EX9 6NH £395,000+
111 Land at Lownard, Former Youth Hostel and Wardens Cottage, Dartington, Totnes, Devon, TQ9 6JU £195,000+
112 Land at Shinners Bridge, Dartington, Totnes, Devon, TQ9 6JU £5,000+
113 Land at Shinners Bridge, Dartington, Totnes, Devon, TQ9 6JU £8,000+
114 26 Greenway, Watchet, Somerset. TA23 0BP £140,000+
115 28 Higher Bore Street, Bodmin, Cornwall, PL31 1JW £50,000+
116 24 Penwethers Lane, Highertown, Truro, Cornwall TR1 3PW £145,000+
117 55 Blackboy Road, Exeter, Devon. EX4 6TB £175,000+
118 35A The Parade, Exmouth, Devon EX8 1RH £100,000+
119 Treborough Lodge, 4 Pathfi elds, St John, Torpoint, Cornwall PL11 3DE £195,000+
120 27 Salamanca Street, Torpoint, Cornwall PL11 2BE £55,000+
121 Trevose, Unity Road, Porthleven, Cornwall, TR13 9DA £110,000+
122 34 Danby Terrace, Exmouth, Devon, EX8 1QS £180,000+
123 Maple Leaf, Ipplepen Road, Marldon, Paignton, Devon, TQ3 1SG £200,000+
124 15 Church Street, Liskeard, Cornwall PL14 3AG £70,000+
125 15 Princes Road, Torquay, Devon, TQ 1 1NL £80,000+
126 30 The Fradgan, Newlyn, Penzance, Cornwall TR18 5BE £125,000+
127 Rocklands House, Higher Manor Road, Brixham, Devon, TQ5 8HA £275,000+
128 The Bakery, The Square, Halstock, Dorset BA22 9RZ £100,000+
129 134 Quantock Road, Weston Super Mare, Somerset BS23 4DP £155,000+
www.westcountrypropertyauctions.co.uk
Guide prices may be amended at any time leading up to the auction. Don’t forget your proof of identity on the day – see page 6 7
WESTCOUNTRY AUCTION_311013.indd 7 04/10/2013 12:17 Exeter Auction
LOT 101 L’ABRI, ROCK ROAD, ST MINVER, CORNWALL PL27 6PP GUIDE RANGE £200,000 - £250,000
Detached, three bedroom bungalow, desirable location, circa 0.25 acres / 0.01 hectares
the gardens being mainly laid to lawn, having PLANNING the benefi t of a garage located to the rear of Interest parties must make and rely upon their the property and on drive parking for several own planning enquiries of Cornwall Council vehicles, L’Abri is likely to appeal to both Planning Department on 0300 1234 151. owner/occupiers as is, along with the builder developer fraternity as a post works, or perhaps VIEWING strc redevelopment opportunity. Miller Countrywide Wadebridge Tel: 01208 812117 ACCOMMODATION Email: [email protected] Ground Floor Entrance hall, sitting room, kitchen, dining hall, bedroom one, bedroom two, bedroom three, bathroom. Outside Front and rear gardens being mainly LOCATION laid to lawn. St Minver is a small rural Hamlet approximately EPC Parking Detached garage to the rear of the two miles from the sought after holiday/ Energy Effi ciency Rating F property and on drive parking for several watersports village of Rock, Polzeath and vehicles. St Enodoc golf course. The village has local shopping facilities and a primary school, with TENURE Freehold. further facilities and amenities available at Wadebridge circa 5 miles. AUCTIONEERS NOTE Measurements have been made using the DESCRIPTION Promap Mapping System. The map/plan is for A detached, three bedroom bungalow located general identifi cation purposes only. Interested in the highly sought after village of St Minver parties must make and rely upon their own and in proximity of the Primary school. The measurements. property, which has been extended in recent years, comprises of mixed Cornish unit and traditional construction. Enjoying a good plot size of 0.01 hectares/0.25 acres, with
www.westcountrypropertyauctions.co.uk
Can’t make the auction? You can still make a telephone or proxy bid on the property you are interested in. 8 For further details contact the Auctioneers immediately. Telephone 0870 241 4343.
WESTCOUNTRY AUCTION_311013.indd 8 04/10/2013 12:17 Exeter Auction
LOT 102 61 ALMA ROAD, BRIXHAM, DEVON TQ5 8QR GUIDE PRICE £70,000+
An attractive two bed ground fl oor apartment with garden and separate garage.
LOCATION Brixham is situated at the southern end of Torbay on the edge of the South Hams and is historically well known as a fi shing port. The property is located on the northern side of the town and at the south western end of Alma Road which is a cul-de-sac.
DESCRIPTION The apartment is one of four in a detached two storey development situated at the end of Alma Road and is therefore free from passing traffi c. The property enjoys a shared garden and the benefi ts of a separate garage with parking in front. The accommodation is accessed by way of a shared communal entrance with the adjoining apartment (no.63) and is presented with modern kitchen and bathroom.
ACCOMMODATION Ground Floor Shared entrance to front door leading to hallway, lounge, bedroom 1, bathroom, kitchen and bedroom 2. General view of fl at/entrance with garage Outside Shared enclosed garden to the rear.
TENURE Leasehold
EPC Energy Effi ciencyRating D
VIEWING Miller Countrywide Paignton. Tel: 01803 529300 Email: [email protected] Rear view
LOT 103 6 GLENDARAGH ROAD, TEIGNMOUTH, DEVON TQ14 8PH GUIDE PRICE £150,000+
5 bedroom house with sea views and in need of improvement
LOCATIONTeignmouth – “Historic Port and The Gem of South Devon” is situated on the coast at the mouth of the River Teign and some 15 miles due south of Exeter and the M5 motorway. The town is a popular holiday destination being conveniently located for beaches, Torbay and Dartmoor. The property occupies an elevated situation just on the edge of the town centre, overlooking the town with views from the upper fl oors towards Shaldon and the sea.
DESCRIPTION The property comprises a substantial end terrace 5 bedroom house which retains some character features and enjoys an extensive rear garden. The house is in need of general improvement and external repair.
ACCOMMODATION Ground Floor Front porch and hallway, understairs cloakroom, lounge, dining room with access to a lean-to extension, kitchen with dining area and doors to outside patio and terraced rear garden. First Floor Landing, bedroom 1, bedroom 2, bedroom 3, bedroom 4 and bedroom 5. Bathroom. TENURE Freehold Outside Solid steps lead up from Glendaragh Road to a front garden. A separate shared side passageway gives access to the rear patio, terraced VIEWING garden and adjoining property. Fulfords Teignmouth. Tel: 01626 770077. Email: [email protected] EPC Energy Effi ciency Rating Not yet available
www.westcountrypropertyauctions.co.uk
Guide prices may be amended at any time leading up to the auction. Don’t forget your proof of identity on the day – see page 6 9
WESTCOUNTRY AUCTION_311013.indd 9 04/10/2013 12:18 Exeter Auction
LOT 104 LAND & BARNS AT KIT HILL FARM, KELLY BRAY, CALLINGTON PL17 8EX GUIDE PRICE £100,000 - £125,000
Circa 5.5 hectares/13.7 acres of amenity/agricultural land, barns, storage facilities and hard standing.
LOCATION paddocks with the remains of a stone barn in The map/plan is for general identifi cation Kit Hill is a stunning, 400 acre country park, the main areas of pasture, to the right of the purposes only. giving glorious views over the surrounding lane. Located towards the top of a no-through countryside with views to both Bodmin Moor lane, the property offers glorious views over TENURE Freehold and Dartmoor, with the property being offered the surrounding countryside and is likely to for sale, bordering on to the park. Kelly Bray be of interest to those with equestrian/small EPC has a range of shops, schools and facilities, holding interests, local farmers/land owners Energy Effi ciency Rating Not applicable. with further facilities and amenities available at and those simply looking for a stunning parcel Callington circa 1.5 miles. of the Cornish countryside for occasional VIEWING recreational use/camping along with useful Miller Countrywide Callington DESCRIPTION storage facilities. Tel: 01579 383585 A rare opportunity to acquire circa 5.5 Email: [email protected] hectares/13.7 acres of amenity/pasture AUCTIONEERS NOTE land, with a useful range of modern, purpose Measurements have been made using built barns, cubicles and outbuildings, along the Promap mapping system. Interested with hard standing for several vehicles and parties must make and rely upon their own storage facilities. The land is arranged in four measurements.
www.westcountrypropertyauctions.co.uk
Can’t make the auction? You can still make a telephone or proxy bid on the property you are interested in. 10 For further details contact the Auctioneers immediately. Telephone 0870 241 4343.
WESTCOUNTRY AUCTION_311013.indd 10 04/10/2013 12:18 Exeter Auction
LOT 105 FLAT 3 91 ABBEY ROAD, TORQUAY, DEVON TQ2 5NN GUIDE PRICE £30,000+
A First Floor Studio Apartment close to Town Centre.
LOCATION Torquay is situated on the edge of the beautiful South Hams of Devon and is a popular coastal seaside town and resort. The town is some 22 miles south of Exeter and 38 miles north east of Plymouth. Abbey Road is a busy thoroughfare lying just to the south west of Union Street and the town centre. The property is situated on the northern side of Abbey Road close to its junction with Burridge Lane.
DESCRIPTION Access to the property is via a communal entrance (security intercom system) and stairs to the fi rst fl oor. The studio apartment faces north and therefore enjoys a quieter situation in the building overlooking the rear towards the car park. Flat 3 is one of 9 fl ats in the building. Formal management is in place with Crown Property Management.
ACCOMMODATION First Floor External communal landing with front door into studio room providing a kitchenette and otherwise bedroom/living accommodation with a separate shower room with shower/wc and washbasin. General View of Building. EPC TENURE Energy Effi ciency Rating F Leasehold for a term of 125 years from 1990 with a current ground rent of £75 per annum. For details of the lease and service charges please VIEWING refer to the on-line legal documentation. Millercountrywide Torquay. Tel: 01803 291429. Email: [email protected]
LOT 106 WYCHWOOD, THE BATCH, WINCANTON, SOMERSET BA9 9BG GUIDE PRICE £165,000+
A vacant three bedroom detached bungalow for modernisation.
LOCATION Wychwood is located in the historic town of Wincanton which lies on the A303 one of the main routes to London and the Southwest. The town boasts a range of amenities and facilities with its shops, schools, museum and many sporting activities including Wincanton Race Course in the neighbouring village.
DESCRIPTION The property comprises a spacious 3 bedroom, detached bungalow in a cul-de-sac location with gardens to the front and rear together with a detached garage and off road parking. The bungalow is in need of modernisation.
ACCOMMODATION Ground Floor Front inner porch, hallway with storage cupboard and airing cupboard, through lounge/diner kitchen with door to conservatory with double doors to rear garden, bedroom one, bedroom two, bedroom three, separate wc, bathroom. Outside Front garden mainly gravelled with fl ower beds and water EPC Energy Effi ciency Rating D feature with side access to rear garden laid mainly to lawn with garden shed and green house there is a gated access giving access to the river VIEWING bank. Palmer Snell Wincanton Tel: 01963 34174 Parking Front driveway parking and detached garage. Email: [email protected] TENURE Freehold
www.westcountrypropertyauctions.co.uk
Guide prices may be amended at any time leading up to the auction. Don’t forget your proof of identity on the day – see page 6 11
WESTCOUNTRY AUCTION_311013.indd 11 10/10/2013 17:00 Exeter Auction
LOT 107 FLAT 1 GEORGIAN HOUSE, THE STRAND, STARCROSS, DEVON EX6 8PA GUIDE PRICE £65,000+
2 bedroom apartment, estuary views and separate garden area with parking.
LOCATION Starcross is situated overlooking the beautiful Exe Estuary some 9 miles south of Exeter (junction 30 M5) and Dawlish town centre some 4 miles further south. The historic Powderham Castle and Park are just 1.5 miles up the road. The property is situated in the heart of Starcross opposite the railway station and faces east overlooking the Exe Estuary towards Exmouth.
DESCRIPTION The property is Grade II Listed and is reported to be early 19th Century with stone steps leading up to the front door and communal entrance. The building is arranged as three fl ats with the entrance to Flat 1 on the right hand side of the communal entrance hall. Separate from and to the rear of the property is an area of land currently partly decked and otherwise gravelled to provide a yard/garden area and parking. To the front of the property is a very small unfenced area. The property could benefi t from some all round improvement both internally and externally.
ACCOMMODATION General view of building Ground Floor This accommodation which is elevated above street level comprises a lounge to the front with estuary views, kitchen, inner hall area and stairs down to further accommodation below street level. TENURE Leasehold with a share of the Freehold. Lower Ground Floor Landing area providing some storage space and giving access to bedroom 1, bedroom 2 and a bathroom. EPC Energy Effi ciency Rating G
AUCTIONEERS NOTE VIEWING Fulfords Dawlish. Tel: 01626 863140 The property is currently occupied but will be vacant from 27th October. or Email: [email protected]
LOT 108 LAND AND BANKS OF THE RIVER COBER, TRENEAR, HELSTON CORNWALL GUIDE PRICE £2,000+
Land and banks of the River Cober c.0.39 hectares / 0.97 acres
LOCATION Trenear is a rural hamlet situated circa 3.5 miles from Helston
DESCRIPTION A rare opportunity to acquire a parcel of amenity land and a stretch of water, encompassing both banks of the River Cober on the rural fringes of Trenear. The land and banks combined measure circa 0.39 hectares/0.97 acres and are likely to be of interest to local land/home owners, along with those looking for their own rural retreat in the Cornish countryside perhaps for occasional recreational camping subject to any requisite consents.
AUCTIONEERS NOTE Measurements have been made using the Promap Measuring System. Interested parties must make and rely upon their own measurements. The map shown is for general identifi cation purposes only.
TENURE Freehold
EPC Energy Effi ciency Rating Not applicable.
VIEWING At any reasonable time and at the viewers own risk. Or by prior appointment with Miller Countrywide Helston. Tel: 01326 563411 Email: [email protected]
www.westcountrypropertyauctions.co.uk
Can’t make the auction? You can still make a telephone or proxy bid on the property you are interested in. 12 For further details contact the Auctioneers immediately. Telephone 0870 241 4343.
WESTCOUNTRY AUCTION_311013.indd 12 04/10/2013 12:18 Exeter Auction
LOT 109 CRAHAN BARNS AND PADDOCK, WENDRON, HELSTON, CORNWALL TR13 0NB GUIDE PRICE £20,000+
Range of derelict barns and paddock, c. 0.59 acres/ 0.24 hectares, development potential strc.
LOCATION The map shown is for general identifi cation TENURE Wendron is a rural village situated circa three purposes only. Measurements have been Freehold miles north of Helston and in turn, the A390/ made using the Promap Measuring System. A30 network via the A394. Interested parties must make and rely upon EPC their own measurements. Energy Effi ciency Rating Not applicable. DESCRIPTION A rare opportunity to acquire a range of AUCTIONEERS NOTE VIEWING currently derelict single storey barns, along Potential purchasers should consult the Title At any reasonable time and at the viewers with an adjacent paddock, the whole totalling Plan within the Legal Pack with regards to the own risk. Or, by prior appointment with Miller circa 0.59 acres/0.24 hectares. The barns public footpath. Countrywide Helston. are likely to appeal to those looking for a Tel: 01326 563411 smallholding type venture/storage facility, local PLANNING Email: [email protected] land owners/farmers and also to those (subject Potential purchasers should make and rely to any requisite consents) perhaps looking for a upon their own planning enquiries of Cornwall potential development opportunity, upon which Council Planning Department on potential purchasers must make and rely upon 0300 1234 151. their own enquiries.
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Guide prices may be amended at any time leading up to the auction. Don’t forget your proof of identity on the day – see page 6 13
WESTCOUNTRY AUCTION_311013.indd 13 04/10/2013 12:18 Exeter Auction
LOT 110 32 & 32A FORE STREET, BUDLEIGH SALTERTON, DEVON EX9 6NH GUIDE PRICE £395,000+
View from terrace
Vacant residential opportunity with commercial unit let at £6,840pa.
LOCATION ACCOMMODATION The property is located on Budleigh Salterton, Ground Floor Lock up shop Shop fl oor with Fore Street, a picturesque East Devon village separate w/c. that is situated on the Jurassic Coast Line – A Ground fl oor self-contained fl at Accessed World Heritage Site. The property has rear from rear of property: Double doors to open access directly onto the famous Budleigh living/kitchen, hallway, bedroom one, bedroom Salterton pebble beach which is popular with two, shower room. many water sport activities. Main building Ground Floor Entrance hall, rear lobby with DESCRIPTION door to rear courtyard. Stairs to: TENURE This southerly facing property comprises First Floor Freehold a double fronted mixed commercial and Door from landing to: Hallway, bedroom, residential investment set in heart of Budleigh bathroom with airing cupboard, open plan ENERGY EFFICIENCY RATING EPC: Salterton in need of updating. The ground fl oor living area with kitchen having views to the sea. Residential D, F and non domestic F self contained lock up retail unit (Let £6,840 Door from landing to: Lobby, dressing room, pa) with shop fl oor and w/c. The main building master bedroom with en-suite. VIEWING - is loosely arranged as two fl ats, having dual Second Floor Landing, shower room w/c, Fulfords, Budleigh Salterton: 01395 443758 access and having outstanding sea views, bedroom, open plan lounge/diner kitchen with Email: [email protected] although the property is currently used as one patio doors to terrace garden overlooking the residence. There is a further self contained sea front. two bedroom fl at accessed from the rear, with Outside Decked courtyard garden with access rental potential. The property benefi ts from a gate to beach, brick built store, hatchway and rear courtyard garden, cellar storeroom and steps down to cellar room, to the second second fl oor terrace garden giving stunning fl oor there is a railed terrace garden having uninterrupted panoramic coastal views. uninterrupted sea views. Auctioneers Note: Please refer to legal pack for details of the tenancy schedule.
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Can’t make the auction? You can still make a telephone or proxy bid on the property you are interested in. 14 For further details contact the Auctioneers immediately. Telephone 0870 241 4343.
WESTCOUNTRY AUCTION_311013.indd 14 04/10/2013 12:18 Exeter Auction Exeter Auction
LAND AT LOWNARD, FORMER YOUTH HOSTEL ON THE INSTRUCTIONS LOT 111 OF DARTINGTON AND WARDENS COTTAGE, DARTINGTON, TOTNES TQ9 6JU GUIDE PRICE: £195,000+
Former Youth Hostel, Land & Warden’s cottage c.0.72 acres/0.29ha. PP for Residential or Live Work use.
LOCATION shower and separate sleeping compartment PLANNING The world renowned village of Dartington lies arranged for beds/bunk beds. Interested Parties are referred to South Hams just to the north west of Totnes and in the Outside there is open space and an area laid District Council (www.southhams.gov.uk or much sought after South Hams. The former to gravel for parking. The Youth Hostel has 01803 861234) and in particular to application Youth Hostel and warden’s cottage are situated separate vehicle access from the adjoining 14/1608/132/CU which has permission for in a tucked way rural location and lie just 0.2 country lane. “Change of use of wardens accommodation to miles to the north of Lownard Cross on the Wardens Cottage a live work unit (Sui Generis)” and application A385. Ground Floor generally open plan (with some 14/1607/13/CU which has permission for restricted headroom), utility room, reception “Change of use from wardens accommodation DESCRIPTION area, kitchen, cloakroom with wc and stairs to to a residential dwelling.” The property comprises a detached former fi rst fl oor which is built into the roof space and Youth Hostel and a detached Warden’s cottage provides, bedroom, bathroom, landing and ENVIRONMENTAL currently arranged as ancillary communal lounge. The property is recorded to be in a 3a fl ood hostel accommodation on the ground fl oor and zone and has a past history of fl ooding. residential accommodation on the fi rst fl oor. NOTE Interested Parties are referred to the Legal Pack In all the site extends to c. 0.72 acres/0.29ha The photographs show general views of the for further information. comprising the plot for the Youth Hostel and land/property and the plan is for identifi cation Warden’s cottage and an area of woodland. purposes only. Measurements are for general EPC guidance purposes and have been provided Energy Effi ciency Rating – Youth Hostel D - ACCOMMODATION by Centre Line Surveys; interested parties must Non Domestic Building Youth Hostel Communal covered internal make and rely upon their own measurements. Energy Effi ciency Rating – Warden’s Cottage G porch area to all rooms: Room 1 – door to hallway with access to a Shower room with AUCTIONEERS NOTE VIEWING utility area, washroom with two WCs, washbasin The Auctioneer reserves the right to offer lots Totnes Fulfords. Tel: 01803 864112 and shower. Sleeping compartment arranged 111, 112 and 113 as one lot. Please make Email: [email protected] for beds/bunk beds with washbasin. Rooms enquires off the Auctioneer for the guide price. 2, 3 and 4 are all of similar size and layout providing an area for beds/bunk beds and a TENURE washbasin. Room 5 provides a boiler room, Freehold washroom with two WCs, washbasin and
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Guide prices may be amended at any time leading up to the auction. Don’t forget your proof of identity on the day – see page 6 15
WESTCOUNTRY AUCTION_311013.indd 15 04/10/2013 12:19 Exeter Auction Exeter Auction
LAND AT SHINNERS BRIDGE, DARTINGTON, ON THE INSTRUCTIONS LOT 112 OF DARTINGTON TOTNES TQ9 6JU GUIDE PRICE: £5,000+
A generally rectangular paddock of c. 0.45 acres/0.18ha
LOCATION The fi eld is adjacent to the former Lownard Youth Hostel approximately 0.2 miles north of the junction of Lownard Cross with the A385.
DESCRIPTION A generally rectangular and level pasture fi eld/paddock of c. 0.45 acres/0.18ha with vehicle access from the country lane and adjoining Bidwell Brook.
NOTE The photograph shows a general view of the land and the plan is for identifi cation purposes only. Measurements are for general guidance purposes and have been provided by Latitude Cartography. Interested parties must make and rely upon their own measurements.
AUCTIONEERS NOTE The Auctioneer reserves the right to offer lots 111, 112 and 113 as one lot. Please make enquires off the Auctioneer for the guide price.
TENURE Freehold
VIEWING Totnes Fulfords. Tel: 01803 864112 Email: [email protected]
LAND AT SHINNERS BRIDGE, ON THE INSTRUCTIONS LOT 113 OF DARTINGTON DARTINGTON, TOTNES TQ9 6JU GUIDE PRICE: £8,000+
A pasture fi eld/paddock of c.1.08 acres/0.44 hectares
LOCATION The fi eld is approximately 0.2 miles north of the junction of Lownard Cross with the A385. and benefi ts from vehicle access.
DESCRIPTION A pasture fi eld/paddock of c.1.08 acres/0.44 hectares benefi ting from vehicle access and with the southern boundary adjoining Bidwell Brook. A footpath runs around the north west perimeter edge of the fi eld and is outside the fenced area of pasture and is included in the sale.
NOTE The photograph shows a general view of the land and the plan is for identifi cation purposes only. Measurements are for general guidance purposes and have been provided by Centre Line Surveys. Interested parties must make and rely upon their own measurements.
AUCTIONEERS NOTE The Auctioneer reserves the right to offer lots 111, 112 and 113 as one lot. Please make enquires off the Auctioneer for the guide price.
TENURE Freehold
VIEWING Totnes Fulfords. Tel: 01803 864112 Email: [email protected]
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Can’t make the auction? You can still make a telephone or proxy bid on the property you are interested in. 16 For further details contact the Auctioneers immediately. Telephone 0870 241 4343.
WESTCOUNTRY AUCTION_311013.indd 16 04/10/2013 12:19 Exeter Auction
LOT 114 26 GREENWAY, WATCHET, SOMERSET TA23 0BP GUIDE PRICE £140,000+
A vacant three bedroom chalet bungalow for refurbishment and modernisation.
The map is for general identifi cation purposes only.
Parking On drive parking and integral garage. LOCATION gardens with further grass verge area to the The property is situated in an elevated position front of the property. offering the potential for AUCTIONEERS NOTE with views toward the sea and is c. 0.1miles to reorganisation of the existing footprint and/or A structural survey is available on this property, Watchet Marina and its famous fossil hunting further development subject to the requisite please refer to the legal pack. beaches and town centre. Watchet is located consents. on the Exmoor coastline in close proximity to TENURE the 267miles of Exmoor National Park with ACCOMMODATION Freehold all its attractions, such as the West Somerset Ground Floor Entrance porch with patio Steam Railway and Exmoor Zoo. Watchet is sat doors to rear garden, hallway, bathroom, EPC the foot of the Quantock Hills some 8.5miles kitchen, lounge/diner. Steps from hallway to Energy Effi ciency Rating E from Minehead and c. 18miles to Bridgwater. bedroom one and bedroom two. First Floor Bedroom three. VIEWING DESCRIPTION Outside Steps to front door with mature Palmer Snell Bridgwater A vacant spacious three bedroom detached shrubs and raised fl ower beds, rear garden with Tel: 01278 423353 chalet bungalow in need of modernisation mature shrubs for re-formalisation and further Email: [email protected] and refurbishment. The property benefi ts from grass area to the front of the property at the an integral garage, parking, front and rear cul-de-sac end/turning area of Greenway.
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Guide prices may be amended at any time leading up to the auction. Don’t forget your proof of identity on the day – see page 6 17
WESTCOUNTRY AUCTION_311013.indd 17 04/10/2013 12:19 Exeter Auction
LOT 115 28 HIGHER BORE STREET, BODMIN PL31 1JW GUIDE PRICE £50,000+
Vacant, mid terrace, two storey property for renovation/repair.
LOCATION The property is conveniently located for the facilities and amenities of Bodmin town centre and readily commutable via the A30/ A38/A39 road network to the major Cornish towns and cities, Plymouth and the mainline railway station to London.
DESCRIPTION A deceptively spacious, two storey property, formerly comprising of commercial shop unit and associated work/storage areas on the ground fl oor with a residential fl at above. The property now enjoys full residential usage and has the benefi t of a walled rear garden and a range of useful outbuildings. Whilst in need of a programme of complete renovation, including some structural repair works, the property would (subject to any requisite consent) lend itself to a variety of conversions upon which interested parties must make and rely upon their own planning enquiries of Cornwall Council Planning Department on 0300 1234 151.
PLANNING ‘Change of use of ground fl oor butchers shop to one Outside Rear walled garden which would benefi t from a programme of residential dwelling’ was issued by Cornwall Council Planning Department, formalisation, gardeners wc and cloakroom, storage facility. under application number PA13/0431, on the 7th August 2013. TENURE Freehold EXISTING ACCOMMODATION Ground Floor Former shop and serving area, preparation room, cloak EPC Energy Effi ciency Not applicable room, former cold storage facilities, and rear lean to porch leading to the garden. VIEWING Stratton Creber Bodmin. Tel 01208 74422 First Floor Landing, room one, room two, room three, room four, room Email [email protected] fi ve.
LOT 116 24 PENWETHERS LANE, HIGHERTOWN, TRURO, CORNWALL TR1 3PW GUIDE PRICE £145,000+
Four bedroom, detached dormer bungalow, for refurbishment.
LOCATION Highertown is located circa 1.3 miles from the highly sought after Cathedral City of Truro with a plethora of facilities and amenities, cobbled streets, business opportunities and university.
DESCRIPTION A four bedroom, detached dormer bungalow for refurbishment, located in a popular residential lane on the outskirts of the City of Truro. The property enjoys good sized living accommodation, front and rear gardens with areas of lawn and patio, with on drive parking for several vehicles in tandem.
ACCOMMODATION Ground Floor Entrance hall, living room, kitchen/diner, rear lobby, bedroom one, bedroom two, bathroom. First Floor Landing, bedroom three with under eaves storage, bedroom four. Outside The gardens area mainly laid to lawn, with the rear garden having an elevated patio seating area. EPC Energy Effi ciency Rating E Parking On drive for several vehicles in tandem. VIEWING TENURE Freehold. Miller Countrywide Truro. Tel: 01872 225225 Email: [email protected]
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Can’t make the auction? You can still make a telephone or proxy bid on the property you are interested in. 18 For further details contact the Auctioneers immediately. Telephone 0870 241 4343.
WESTCOUNTRY AUCTION_311013.indd 18 04/10/2013 12:19 Exeter Auction
LOT 117 55 BLACKBOY ROAD, EXETER, DEVON EX4 6TB GUIDE PRICE £175,000+
Residential Building arranged as 5 fl ats - Current Rent Payable £26,220pa circa15% yield.
per annum – please see schedule below and Second Floor Flat 5 – built into the roofspace review the on line Legal documents for full and providing Kitchen, lounge/diner, bedroom details. The property requires comprehensive and bathroom (bath, wc and wasbasin). refurbishment. To the rear is a good sized Outside Good sized rear garden on rising terraced garden which is also in need of levels and accessed via a door from rear of reclamation. ground fl oor hallway.
ACCOMMODATION TENURE Freehold Ground Floor Flat 1 – Kitchen/diner with shower, bedroom. Separate wc in rear of EPC Energy Effi ciency Rating Flat 1 E, Flat 2 entrance hall. Flat 2 – Kitchen/diner through (not yet available) , Flat 3 F, Flat 4 F, Flat 5 to shower room (shower, wc and washbasin), (not yet available) bedroom. LOCATION First Floor Flat 3 – Kitchen/diner through to VIEWING Exeter is a Cathedral and University City bedroom with en-suite shower room (shower, Exeter Fulfords. Tel: 01392 252666 situated just off Junction 30 of the M5 wc, washbasin). Flat 4 – Kitchen/diner through Email: [email protected] motorway within easy reach of the beautiful to bedroom. Separate bathroom with wc and Devon Coastline and Dartmoor. The property washbasin off half landing. is situated inside a mile of the City Centre, the new Princesshay Shopping Centre and John Lewis. Located on the northern side of Blackboy Road close to its junction with Polsloe Road the property benefi ts from being UNIT TENANCY Current Rent Payable Current Rent Payable Per in the heart of a popular and long established per month Annum Equivalent residential area. Flat 1 AST £485 £5,820 Flat 2 AST £495 £5,940 DESCRIPTION Flat 3 AST £425 £5,100 The property fronts onto Blackboy Road and Flat 4 AST £400 £4,800 is currently arranged as fi ve fl ats yielding a Flat 5 AST £380 £4,560 current rent payable of approximately £26,220 Total Income 26,220
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Guide prices may be amended at any time leading up to the auction. Don’t forget your proof of identity on the day – see page 6 19
WESTCOUNTRY AUCTION_311013.indd 19 04/10/2013 12:19 Exeter Auction
LOT 118 35A THE PARADE, EXMOUTH, DEVON EX8 1RH GUIDE PRICE £100,000+
General view of property
Vacant former offi ce premises. Planning Consent for two, 2 bed residential apartments with parking.
ACCOMMODATION Ground Floor Entrance door to main hallway with stairs to First Floor Landing, inner lobby, ladies w/c, gents w/c, staff room, offi ce one, offi ce two. Stairs to Second Floor Landing, inner lobby, kitchen, store room, offi ce one, offi ce two, offi ce three. Parking Four parking spaces to the rear of the property accessed via Sheppards Row.
AUCTIONEERS NOTE View from second fl oor rear Please refer to the Legal Pack to confi rm the VAT requirements on this property. Rear of property leasehold interest in town centre premises the fi rst and second fl oors of a three storey PLANNING Interested parties should contact LOCATION Exmouth is located on the mouth commercial premises which has until recently East Devon District Council on 01395 516551 of the river Exe on the south west coast and is been used as offi ces overlooking the Parade. or www.eastdevon.gov.uk Planning reference the western end of the famous Jurassic Coast Pedestrian access is directly from the Parade 13/1404/PDJ is Prior Approval Granted on 24th World Heritage Site. The town boasts a long to a communal entrance which provides self July 2013 for Change of use of fi rst and second sandy beach, modern quay and the Exe Estuary contained access to the two upper fl oors fl oors from (B1) offi ces to 2 self contained fl ats. which offers many water sports facilities and a which are currently arranged as former offi ce nature reserve, as well as the shopping centre accommodation. The property is currently EPC Energy Effi ciency Rating - Not yet Available. and the new bowling alley there are many vacant, and has planning ‘Prior Approval other amenities in the town. The Cathedral City Granted’ for two, two bedroom dwellings with VIEWING/ JOINT AUCTIONEER of Exeter is c.11 miles north of Exmouth with the added attraction of four parking spaces. Fulfords Exmouth public transport links to the M5 motorway and The building is spacious with an attractive Tel: 01395 273757 Exeter Airport. feature staircase and window. The rear second Email: [email protected] fl oor gives views across to the Exe estuary. DESCRIPTION Malcolm Martin The property comprises the 126 year TENURE Leasehold - new lease of 126 years Chartered Valuation Surveyor 020 8690 3100 www.westcountrypropertyauctions.co.uk
Can’t make the auction? You can still make a telephone or proxy bid on the property you are interested in. 20 For further details contact the Auctioneers immediately. Telephone 0870 241 4343.
WESTCOUNTRY AUCTION_311013.indd 20 04/10/2013 12:19 Exeter Auction
LOT 119 TREBOROUGH LODGE, 4 PATHFIELDS, ST JOHN, TORPOINT, CORNWALL PL11 3DE GUIDE PRICE £195,000+
Vacant four/fi ve bedroom, detached house with integral garage and gardens, for modernisation.
LOCATION The sought after conservation village of St John lies circa 3 miles distant of the facilities and amenities of Torpoint , the A38 and the Torpoint ferry to Plymouth and is in proximity of the glorious Cornish Coastline and beaches of the Rame peninsular.
DESCRIPTION A four/fi ve bedroom, detached timber framed property, located in the heart of this highly sought after village, in a cul-de-sac location. The property enjoys rural views, particularly from the fi rst fl oor, mature gardens with lawns, fruit trees, a summer house and storage facility. Whilst in need of modernisation, the property boasts good sized living accommodation along with an integral garage/workshop/utility area with access to the garden and additional on drive parking.
ACCOMMODATION Ground Floor Entrance porch, hallway, cloakroom, study/bedroom fi ve, lounge/diner with French doors to the garden, kitchen with larder off and access to the garage. First Floor Landing, master bedroom with en-suite bathroom and walk in wardrobes, bedroom two, bedroom three, bedroom four, family TENURE Freehold. bathroom. Outside The gardens lie to the front, rear and side of the property, being EPC Energy Effi ciency Rating D well worthy of a programme of formalisation/landscaping to fully enhance the property and having the benefi t of a summer house and storage VIEWING facility. Stratton Creber Torpoint. Tel: 01752 813189 Parking Integral garage/workshop/utility area and additional on drive Email: [email protected] parking.
LOT 120 27 SALAMANCA STREET, TORPOINT, CORNWALL PL11 2BE GUIDE PRICE £55,000+
Vacant 2 bedroom, fi rst & second fl oor maisonette, storage facility and communal gardens, plus balcony.
LOCATION Torpoint is situated off the A38 and has a comprehensive range of facilities, amenities and schools within the town centre and is also home to HMS Raleigh. Further facilities and amenities are available via the Torpoint Ferry to Plymouth city centre.
DESCRIPTION A two bedroom, fi rst and second fl oor maisonette, located within close proximity of the town centre of Torpoint and the Torpoint Ferry. The property has the benefi t of communal gardens, allocated storage facility and a balcony leading off the lounge/diner.
ACCOMMODATION Ground Floor Communal entrance hall with stairs rising to First Floor Entrance hallway, kitchen/breakfast room, lounge/diner with balcony off. Second Floor Landing, bedroom one, bedroom two, bathroom. Outside Communal gardens and storage facility Parking Residents parking area on an ad hoc basis. TENURE Leasehold. AUCTIONEERS NOTE EPC Energy Effi ciency Rating D The property is shown as the fi rst and second fl oors to the right of the photograph. VIEWING Stratton Creber Torpoint. Tel: 01752 813189 Email: [email protected]
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Guide prices may be amended at any time leading up to the auction. Don’t forget your proof of identity on the day – see page 6 21
WESTCOUNTRY AUCTION_311013.indd 21 04/10/2013 12:19 Exeter Auction
LOT 121 TREVOSE, UNITY ROAD, PORTHLEVEN TR13 9DA GUIDE PRICE £110,000+
A vacant, two bedroom, end of terrace cottage for modernisation
LOCATION Porthleven is a picturesque and popular harbourside village, being circa 3 miles from the further facilities and amenities of Helston and the A30/ A30 network.
DESCRIPTION A two bedroom, end of terrace, character cottage which would benefi t from a programme of modernisation. The property enjoys front and rear enclosed courtyard style gardens and is in proximity of the town centre and harbour. The property is likely to be of interest to both owner occupiers and those looking for a second home with additional holiday letting potential.
ACCOMMODATION Ground Floor Entrance porch, sitting room, dining room, kitchen/ breakfast room with access to the rear courtyard. First Floor Landing, bedroom one, bedroom two, shower room. Outside Front and rear courtyard style enclosed gardens.
TENURE Freehold.
EPC Energy Effi ciency Rating F.
VIEWING Miller Countrywide Helston. Tel: 01326 563411 Email: [email protected]
LOT 122 34 DANBY TERRACE, ON THE INSTRUCTIONS OF EXMOUTH DEVON EX8 1QS DEVON PARTNERSHIP NHS TRUST GUIDE PRICE £180,000+
Double fronted property with parking and development potential (subject to planning consents).
LOCATION Exmouth is one of the larger seaside towns in Devon – Outside Wall enclosed reportedly in the top 5 by population – and is situated at the mouth of area to the front with the River Exe some 12 miles south of Exeter and the M5 motorway. part enclosed rear The property is located at the junction of Danby Terrace with Windsor yard and adjoining Square a short distance to the north of the shopping precinct. This is a hardstanding for vehicle long established residential location well positioned for all the general parking for 3 / 4 amenities of the town and waterfront. vehicles with access from Bakery Lane. DESCRIPTION The building provides an attractive traditional brick double frontage together with a single storey extension and is arranged on TENURE Freehold ground, fi rst fl oors and second fl oors with rear yard areas and parking. The property is currently used as an NHS Wellbeing and Access Centre PLANNING Interested in compliance with planning use D1 and comprises a variety of offi ces parties should make and meeting rooms. The property would lend itself for conversion to full enquiries of East Devon District Council on 01395 517475 or www. time residential use subject to the usual satisfactory surveys and planning eastdevon.gov.uk consents. Please see Planning below. EPC Energy Effi ciency Rating C ACCOMMODATION Ground Floor Front door to inner lobby through to hallway and door to outside, reception room, waiting room through AUCTIONEERS NOTE The portacabin currently on site will be removed to kitchen and cloakroom and door to outside. Further accommodation from the property prior to completion. includes 3 additional offi ce rooms – nos. 1,2 and 3. First Floor Meeting/consulting rooms no. 6 and no. 5 to the front of the VIEWING building with room no. 5 connecting to room no. 4 overlooking the rear Strictly by appointment with our agents Fulfords Exmouth of the property, staff wc. Tel: 01395 273757 Email: [email protected] Second Floor Meeting room no. 7 with door to fi re escape.
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Can’t make the auction? You can still make a telephone or proxy bid on the property you are interested in. 22 For further details contact the Auctioneers immediately. Telephone 0870 241 4343.
WESTCOUNTRY AUCTION_311013.indd 22 04/10/2013 12:19 Exeter Auction
LOT 123 MAPLE LEAF, IPPLEPEN ROAD, MARLDON, PAIGNTON TQ3 1SG GUIDE PRICE £200,000+
A spacious 4 bedroom bungalow with two integral garages, workshops and gardens
provided as garages/workshops on the ground TENURE fl oor. Any such enlargement would likely be Freehold subject to building and planning consents and interested parties should satisfy themselves as PLANNING to any such potential. Interested parties wishing to investigate alternative uses for the ground fl oor may wish ACCOMMODATION to speak to South Hams District Council on Ground Floor Two garages, cloakroom/ 01803 861234 or visit their website at www. kitchenette (with lift to upper ground fl oor) with southhams.gov.uk door to garden and three further workshop/ offi ces. EPC Upper Ground Floor Approached via Energy Effi ciency Rating E external open timber stairs to decked balcony LOCATION leading to a part covered front door and VIEWING Marldon is a pretty South Hams village otherwise around the side of the property Miller Countrywide Paignton. enjoying a rural location and situated just west to the rear garden. Inner hallway, lounge, Tel: 01803 529300 of Paignton, conveniently located for easy kitchen with dining room, bathroom with wc Email: [email protected] access to Torquay, Totnes and the A38 to and currently arranged as a shower/wet room, Exeter and Plymouth. The property is located bedroom four with integral lift to kitchenette on the north west side of the village and just off below, bedroom three, bedroom two and the Ipplepen Road. bedroom one with en-suite shower room. Outside Driveway from Ipplepen Road leads DESCRIPTION up to the property with garden areas on both A 4 bedroom detached bungalow built in sides and a yard area for parking and turning 1984/85 together with gardens and integral adjacent to the property. Formal garden areas garages and workshops. The bungalow could to three sides with the rear garden prettily benefi t from a programme of modernisation but arranged with decking, a tiered rockery and offers spacious comfortable accommodation area laid to grass. Garden shed, greenhouse which might be capable of enlargement and chicken runs. through the incorporation of some of the space
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Guide prices may be amended at any time leading up to the auction. Don’t forget your proof of identity on the day – see page 6 23
WESTCOUNTRY AUCTION_311013.indd 23 04/10/2013 12:19 Exeter Auction
LOT 124 15 CHURCH STREET, LISKEARD, CORNWALL PL14 3AG GUIDE PRICE £70,000+
Vacant, two bedroom, Grade II Listed, terrace cottage for refurbishment.
LOCATION Church Street is located in the heart of the facilities and amenities of Liskeard town centre, with its mainline railway station and being readily commutable to the A38/A30 road networks.
DESCRIPTION A two storey, two bedroom, Grade II listed end of terrace character cottage which would benefi t from a programme of modernisation/ refurbishment. To the rear of the property there is an enclosed courtyard style garden.
ACCOMMODATION Ground Floor Sitting room, kitchen/dining room, rear lobby, bathroom. First Floor Landing, bedroom one, bedroom two. Outside Rear courtyard style garden.
TENURE Freehold.
EPC Energy Effi ciency Rating G
VIEWING Stratton Creber Liskeard Tel: 01579 343561 Email: [email protected]
LOT 125 15 PRINCES ROAD, TORQUAY, DEVON TQ1 1NL GUIDE PRICE £80,000+
Vacant Attractive 2 bed Grade II Listed terraced house for complete renovation
LOCATION Torquay is a popular residential and tourist centre in the heart of Torbay and on the edge of the beautiful South Hams. Princes Road lies just north of Union Street and the heart of Torquay shopping centre. The property is situated on the eastern side of Princes Road overlooking the park.
DESCRIPTION The house is Grade II Listed and comprises a mid terrace property which exudes great character being fi nished in stone and forming part of a larger terrace of similar age and style properties. The property has a secure garden at the front with gated entrance and front door set well back from the pavement. At some point the house has been extended but is now in need of comprehensive renovation which could deliver a very desirable 2/3 bedroom home. The accommodation is currently arranged as set out below and would require re-organisation.
ACCOMMODATION Ground Floor Front door into hallway, lounge, dining room, utility room PLANNING Torbay Council on Tel: 01803 207801 with door to outside. Staircase set in middle of property and leading to Email: [email protected] First Floor Bedroom 1, bedroom 2, kitchen and bathroom. Outside Walled garden to the front, rear patio area (with redundant external wc) and steps to upper rear garden. EPC Energy Effi ciency Rating Listed Building – Not applicable.
TENURE Freehold VIEWING Torquay Fulfords Tel: 01803 322555 or Email: [email protected]
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Can’t make the auction? You can still make a telephone or proxy bid on the property you are interested in. 24 For further details contact the Auctioneers immediately. Telephone 0870 241 4343.
WESTCOUNTRY AUCTION_311013.indd 24 04/10/2013 12:20 Exeter Auction
LOT 126 30 THE FRADGAN, NEWLYN, PENZANCE, CORNWALL TR18 5BE GUIDE PRICE £125,000+
Vacant and extremely versatile four bedroom residence for refurbishment/further development strc.
ACCOMMODATION Ground Floor Entrance porch, hallway, cloak room, wc, kitchen, dining room, sitting room, rear porch giving access to the garden. First Floor Landing, bedroom one, bedroom two, bedroom three with external staircase leading down to the front courtyard, bedroom four, a narrow corridor leads to a wc and gives internal access to the room over the garage. Outside Front and rear courtyard style gardens, attached ground fl oor former stable/ workshop with externally accessed studio over. Beyond the rear courtyard is a further area of LOCATION The Fradgan is a located in the very as annexe/studio facilities. In addition to the walled and lawned garden. heart of Newlyn, in proximity of the harbour, existing accommodation there is both vehicular Parking Garage and on drive parking. local facilities and amenities. The area around and pedestrian access to the property, leading Gwavas Quay is enjoying recent regeneration to the garage, rear courtyard garden and in TENURE Freehold. and has the added benefi t of being circa 1.8 turn a pathway to the enclosed walled lawned miles from Penzance and the mainline railway garden beyond, the whole amounting to circa EPC Energy Effi ciency Rating Not applicable station and A30 road network. 0.12 acres/0.049 hectares, with a useful range of outbuildings/stores. VIEWING DESCRIPTION An incredibly rare opportunity Miller Countrywide Penzance to acquire an extremely versatile property for PLANNING Interested parties must make Tel: 01736 364260 comprehensive refurbishment in a tucked away and rely upon their own planning enquiries Email: [email protected] location, in the very heart of Newlyn. Known of Cornwall Council Planning Department on locally as Gwendreath Cottage the property is 0300 1234 151. currently formatted as a four bedroom property, with attached workshop and garaging/car port both with rooms over, which could (strc) be fully incorporated into the main dwelling, or utilised
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Guide prices may be amended at any time leading up to the auction. Don’t forget your proof of identity on the day – see page 6 25
WESTCOUNTRY AUCTION_311013.indd 25 04/10/2013 12:20 Exeter Auction
LOT 127 ROCKLANDS HOUSE, HIGHER MANOR ROAD, BRIXHAM DEVON TQ5 8HA GUIDE PRICE £275,000+
Substantial Victorian Villa - Planning Permission for Development from 2007- 3 houses
LOCATION Brixham is situated at the southern passageway through to bedroom 4 with space the commencement of the development. end of Torbay on the edge of the South Hams for en-suite and roofspace above having Interested Parties are strongly encouraged to and is historically well known as a fi shing port. previously been used as a bedroom. Staircase read the Legal documents for further details The town is some 8 miles south of Torquay and from passageway to and to check the status of the planning consent about 30 miles south of Exeter. The property Second Floor One large room running front to with Torbay Council on 01803 207801 or is situated up a private driveway from Higher back of the house and two additional rooms – [email protected] Manor Road. all built into the roof space. Outside Driveway leading up to the property, AUCTIONEERS NOTE DESCRIPTION The property comprises a gardens to the front with parking to the side The house is not habitable and has no kitchen, substantial semi-detached Victorian Villa on for several vehicles and a terraced area to the bathroom fi ttings or operational heating system. a plot of c.0.25 acres/0.1 hectares situated front of the property. The vendor has advised that a new boiler in the Brixham Town Conservation Area. The has been installed but the heating system is house has been subject to building works to TENURE Freehold incomplete and not connected. Double glazed the extent that that the property is currently windows have been fi tted and the roof has uninhabitable but retains a range of character PLANNING Application Number been replaced. features. P/2006/1482/PA – Grant of Conditional Planning Permission dated 3rd May 2007 EPC ACCOMMODATION “Conversion From House To 2No 4 bedroom Energy Effi ciency Rating Not applicable Cellar Accessed from both the garden and dwellings; Glazed Link to New 4 Bedroom from the self contained courtyard. The garden House And 3 Basement Garages (In VIEWING access is suffi ciently sized to allow vehicle accordance with plans and details received Fulfords Paignton. Tel: 01803 527523 or access. 4 rooms of various sizes. 14/9/2006, 25/9/2006, 16/10/2006 and Email: [email protected]. For all other Ground Floor Front porch leading into central 18/10/2006). At Rocklands House, Higher enquiries please contact the Auctioneers. hall with four reception rooms. Passageway Manor Road, Brixham.” The consent was through to kitchen and dining room, utility room subject to conditions including a requirement with wc and shower and doors to enclosed for the development to be commenced yard. “not later than the expiration of three years First Floor Half landing with cloakroom and beginning with the date on which this stairs to front landing leading to bedroom permission is granted.” We are advised by 1, bedroom 2, bedroom 3 and bathroom, Torbay Council that they have no record of
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WESTCOUNTRY AUCTION_311013.indd 26 04/10/2013 12:20 Exeter Auction
LOT 128 THE BAKERY, THE SQUARE, HALSTOCK, DORSET BA22 9RZ GUIDE PRICE £100,000+
Former vacant bakery building in need of complete renovation in a village location.
LOCATION Located in the picturesque country village of Halstock which has a village shop, bus service and Village Church it also has a Driving Range and is in close proximity to Bingham Reservoir with Sailing and Fishing Clubs. Halstock is c. 5 miles south of Yeovil and seven miles northeast of Beaminster. It is situated on the route of the ancient Harrow Way.
DESCRIPTION A rare opportunity to acquire a vacant former family bakery terrace building, in a mainly residential area of the village. The property requires programme of comprehensive renovation of the present state (subject to requisite consents) having several ground fl oor rooms/work areas and attic storage space currently accessible by ladder. The property also benefi ts from parking to the front and a rear garden.
ACCOMMODATION Ground Floor Double doors leading to the EPC Energy Effi ciency Rating Not applicable VIEWING Palmer Snell Yeovil ground fl oor separated into several separate Tel: 01935 642000 rooms/areas and door to rear garden. TENURE Freehold Email: [email protected] First Floor Area presently accessed by ladder. Outside Rear gardens. Parking The front of the building is mainly parking area.
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Guide prices may be amended at any time leading up to the auction. Don’t forget your proof of identity on the day – see page 6 27
WESTCOUNTRY AUCTION_311013.indd 27 11/10/2013 09:40 Exeter Auction
LOT 129 134 QUANTOCK ROAD, WESTON SUPER MARE, SOMERSET BS23 4DP GUIDE PRICE £155,000+
A vacant four bedroom semi-detached property in need of updating and modernisation.
LOCATION Situated in the popular residential southward area of Weston Super Mare on the level to the famous sea front with its donkey rides and pier and easy access to parks, shops and many local amenities. Weston Super Mare is located only 18miles south of Bristol and has easy road links to the M5 and main line railway links.
DESCRIPTION A vacant four bedroom property in need of updating and modernisation arranged over two fl oors with many original features, including a grand staircase typical of a property of its age. The property benefi ts from gardens to the front and rear in need of formalisation.
ACCOMMODATION . Ground Floor Entrance hall, sitting room, dining room, walk in cupboard, kitchen, bathroom rear lobby with door to rear garden. Stairs to: First Floor Landing, bedroom one, bedroom two, bedroom three, bedroom four previously used as a kitchen, bathroom. Outside Front garden with path along the side of the property giving access to rear garden in need of formalisation.
TENURE Freehold
VIEWING Palmer Snell Weston Super Mare Tel: 01934 413735 Email: [email protected] Next Auction
Exeter Thursday 12th December at 1.00pm
Closing date for entries 15th November
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WESTCOUNTRY AUCTION_311013.indd 28 04/10/2013 12:49 Common Auction Conditions
Common Auction Conditions (3rd Edition August 2009 – reproduced with the consent of the RICS). The general conditions (including any extra general conditions) apply to the contract except to the extent that they are varied by special conditions or by an addendum.
INTRODUCTION contract and the balance of the price is unconditionally A2.2 Our decision on the conduct of the auction is fi nal. The Common Auction Conditions have been produced for real received in the seller’s conveyancer’s client account. A2.3 We may cancel the auction, or alter the order in which estate auctions in England and Wales to set a common standard Condition One of the auction conduct conditions or sales lots are offered for sale. We may also combine or divide across the industry. They are in three sections: conditions. lots. A lot may be sold or withdrawn from sale prior to 1. Glossary – The glossary gives special meanings to Contract The contract by which the seller agrees to sell and the the auction. certain words used in both sets of conditions. buyer agrees to buy the lot. A2.4 You acknowledge that to the extent permitted by law we 2. Auction Conduct Conditions – The Auction Conduct Contract date The date of the auction or, if the lot is not sold owe you no duty of care and you have no claim against Conditions govern the relationship between the at the auction: (a) the date of the sale memorandum us for any loss. auctioneer and anyone who has a catalogue, or who signed by both the seller and buyer; or (b) if contracts A3 Bidding and reserve prices attends or bids at the auction. They cannot be changed are exchanged, the date of exchange. If exchange is not A3.1 All bids are to be made in pounds sterling exclusive of without the auctioneer’s agreement. effected in person or by an irrevocable agreement to any applicable VAT. We recommend that these conditions are set out in a exchange made by telephone, fax or electronic mail the A3.2 We may refuse to accept a bid. We do not have to two-part notice to bidders in the auction catalogue, part date of exchange is the date on which both parts have explain why. one containing advisory material – which auctioneers been signed and posted or otherwise placed beyond A3.3 If there is a dispute over bidding we are entitled to can tailor to their needs – and part two the auction normal retrieval. resolve it, and our decision is fi nal. conduct conditions. Documents Documents of title (including, if title is registered, A3.4 Unless stated otherwise each lot is subject to a reserve 3. Sale Conditions – The Sale Conditions govern the the entries on the register and the title plan) and other price (which may be fi xed just before the lot is offered for agreement between each seller and buyer. They include documents listed or referred to in the special conditions sale). If no bid equals or exceeds that reserve price the general conditions of sale and template forms of special relating to the lot. lot will be withdrawn from the auction. conditions of sale, tenancy and arrears schedules and a Financial charge A charge to secure a loan or other fi nancial A3.5 Where there is a reserve price the seller may bid (or sale memorandum. indebtness (not including a rentcharge). ask us or another agent to bid on the seller’s behalf) General conditions That part of the sale conditions so headed, up to the reserve price but may not make a bid equal Important notice including any extra general conditions. to or exceeding the reserve price. You accept that it is A prudent buyer will, before bidding for a lot at an auction: Interest rate If not specifi ed in the special conditions, 4% possible that all bids up to the reserve price are bids • Take professional advice from a conveyancer and, above the base rate from time to time of Barclays Bank made by or on behalf of the seller. in appropriate cases, a chartered surveyor and an plc. (The interest rate will also apply to judgment debts, A3.6 Where a guide price (or range of prices) is given that accountant; if applicable.) guide is the minimum price at which, or range of prices • Read the conditions; Lot Each separate property described in the catalogue or (as the within which, the seller might be prepared to sell at the • Inspect the lot; case may be) the property that the seller has agreed to date of the guide price. But guide prices may change. • Carry out usual searches and make usual enquiries; sell and the buyer to buy (including chattels, if any). The last published guide price will normally be at or • Check the content of all available leases and other Old arrears Arrears due under any of the tenancies that are not above any reserve price, but not always – as the seller documents relating to the lot; “new tenancies” as defi ned by the Landlord and Tenant may fi x the fi nal reserve price just before bidding • Check that what is said about the lot in the catalogue is (Covenants) Act 1995. commences. accurate; Particulars The section of the catalogue that contains A4 The particulars and other information • Have fi nance available for the deposit and purchase descriptions of each lot (as varied by any addendum). A4.1 We have taken reasonable care to prepare particulars price; Practitioner An insolvency practitioner for the purposes of that correctly describe each lot. The particulars are • Check whether VAT registration and election is the Insolvency Act 1986 (or, in relation to jurisdictions based on information supplied by or on behalf of the advisable; outside the United Kingdom, any similar offi cial). seller. You need to check that the information in the The conditions assume that the buyer has acted like a prudent Price The price that the buyer agrees to pay for the lot. particulars is correct. buyer. If you choose to buy a lot without taking these normal Ready to complete Ready, willing and able to complete: if A4.2 If the special conditions do not contain a description precautions you do so at your own risk. completion would enable the seller to discharge all of the lot, or simply refer to the relevant lot number, fi nancial charges secured on the lot that have to be you take the risk that the description contained in GLOSSARY discharged by completion, then those outstanding the particulars is incomplete or inaccurate, as the This glossary applies to the auction conduct conditions and the fi nancial charges do not prevent the seller from being particulars have not been prepared by a conveyancer sale conditions. Wherever it makes sense: ready to complete. and are not intended to form part of a legal contract. • singular words can be read as plurals, and plurals as Sale conditions The general conditions as varied by any A4.3 The particulars and the sale conditions may change singular words; special conditions or addendum. prior to the auction and it is your responsibility to check • a “person” includes a corporate body; Sale memorandum The form so headed (whether or not set out that you have the correct versions. • words of one gender include the other genders; in the catalogue) in which the terms of the contract for A4.4 If we provide information, or a copy of a document, • references to legislation are to that legislation as it may the sale of the lot are recorded. provided by others we do so only on the basis that we have been modifi ed or re-enacted by the date of the Seller The person selling the lot. If two or more are jointly the are not responsible for the accuracy of that information auction or the contract date (as applicable); and seller their obligations can be enforced against them or document. • where the following words printed in bold black type jointly or against each of them separately. A5 The contract appear in bold blue type they have the specifi ed Special conditions Those of the sale conditions so headed that A5.1 A successful bid is one we accept as such (normally on meanings. relate to the lot. the fall of the hammer). This condition A5 applies to you Tenancies Tenancies, leases, licences to occupy and agreements if you make the successful bid for a lot. Actual completion date The date when completion takes for lease and any documents varying or supplemental A5.2 You are obliged to buy the lot on the terms of the place or is treated as taking place for the purposes of to them. sale memorandum at the price you bid plus VAT (if apportionment and calculating interest. Tenancy schedule The tenancy schedule (if any) forming part of applicable). Addendum An amendment or addition to the conditions or the special conditions. A5.3 You must before leaving the auction: to the particulars or to both whether contained in a Transfer Transfer includes a conveyance or assignment (and “to • (a) provide all information we reasonably need from supplement to the catalogue, a written notice from the transfer” includes “to convey” or “to assign”). you to enable us to complete the sale memorandum auctioneers or an oral announcement at the auction. TUPE The Transfer of Undertakings (Protection of Employment) (including proof of your identity if required by us); Agreed completion date Subject to condition G9.3: (a) the Regulations 2006. • (b) sign the completed sale memorandum; and date specifi ed in the special conditions; or (b) if no date VAT Value Added Tax or other tax of a similar nature. • (c) pay the deposit. is specifi ed, 20 business days after the contract date; VAT option An option to tax. A5.4 If you do not we may either: but if that date is not a business day the fi rst subsequent We (and us and our) The auctioneers. • (a) as agent for the seller treat that failure as your business day. You (and your) Someone who has a copy of the catalogue or repudiation of the contract and offer the lot for sale Approved fi nancial institution Any bank or building society who attends or bids at the auction, whether or not a again: the seller may then have a claim against you for that has signed up to the Banking Code or Business buyer. breach of contract; or Banking Code or is otherwise acceptable to the • (b) sign the sale memorandum on your behalf. auctioneers. AUCTION CONDUCT CONDITIONS A5.5 The deposit: Arrears Arrears of rent and other sums due under the tenancies A1 Introduction • (a) is to be held as stakeholder where VAT would be and still outstanding on the actual completion date. A1.1 Words in bold blue type have special meanings, which chargeable on the deposit were it to be held as agent Arrears schedule The arrears schedule (if any) forming part of are defi ned in the Glossary. for the seller, but otherwise is to be held as stated in the special conditions. A1.2 The catalogue is issued only on the basis that you the sale conditions; and Auction The auction advertised in the catalogue. accept these auction conduct conditions. They govern • (b) must be paid in pounds sterling by cheque or by Auction conduct conditions The conditions so headed, our relationship with you and cannot be disapplied or bankers’ draft made payable to us on an approved including any extra auction conduct conditions. varied by the sale conditions (even by a condition fi nancial institution. The extra auction conduct Auctioneers The auctioneers at the auction. purporting to replace the whole of the Common Auction conditions may state if we accept any other form of Business day Any day except (a) a Saturday or a Sunday; (b) a Conditions). They can be varied only if we agree. payment. bank holiday in England and Wales; or (c) Good Friday or A2 Our role A5.6 We may retain the sale memorandum signed by or on Christmas Day. A2.1 As agents for each seller we have authority to: behalf of the seller until the deposit has been received in Buyer The person who agrees to buy the lot or, if applicable, • (a) prepare the catalogue from information supplied by cleared funds. that person’s personal representatives: if two or more or on behalf of each seller; A5.7 If the buyer does not comply with its obligations under are jointly the buyer their obligations can be enforced • (b) offer each lot for sale; the contract then: against them jointly or against each of them separately. • (c) sell each lot; • (a) you are personally liable to buy the lot even if you Catalogue The catalogue to which the conditions refer • (d) receive and hold deposits; are acting as an agent; and including any supplement to it. • (e) sign each sale memorandum; and • (b) you must indemnify the seller in respect of any loss Completion Unless otherwise agreed between seller and buyer • (f) treat a contract as repudiated if the buyer fails to the seller incurs as a result of the buyer’s default. (or their conveyancers) the occasion when both seller sign a sale memorandum or pay a deposit as required A5.8 Where the buyer is a company you warrant that the and buyer have complied with their obligations under the by these auction conduct conditions. buyer is properly constituted and able to buy the lot.
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Guide prices may be amended at any time leading up to the auction. Don’t forget your proof of identity on the day – see page 6 29
WESTCOUNTRY AUCTION_311013.indd 29 04/10/2013 12:20 Common Auction Conditions
A6 Extra Auction Conduct Conditions is to insure the lot from and including the contract date G5.1 Unless a form of transfer is prescribed by the special A6.1 Despite any special condition to the contrary the to completion and: conditions: minimum deposit we accept is £2,000 (or the total price, • (a) produce to the buyer on request all relevant • (a) the buyer must supply a draft transfer to the if less). A special condition may, however, require a insurance details; seller at least ten business days before the agreed higher minimum deposit. • (b) pay the premiums when due; completion date and the engrossment (signed as • (c) if the buyer so requests, and pays any additional a deed by the buyer if condition G5.2 applies) fi ve Words in bold type have special meanings, which are premium, use reasonable endeavours to increase the business days before that date or (if later) two business defi ned in the Glossary. sum insured or make other changes to the policy; days after the draft has been approved by the seller; The general conditions (including any extra general conditions) • (d) at the request of the buyer use reasonable and apply to the contract except to the extent that they are varied by endeavours to have the buyer’s interest noted on the • (b) the seller must approve or revise the draft transfer special conditions or by an addendum. policy if it does not cover a contracting purchaser; within fi ve business days of receiving it from the buyer. • (e) unless otherwise agreed, cancel the insurance at G5.2 If the seller remains liable in any respect in relation to G1. The lot completion, apply for a refund of premium and (subject the lot (or a tenancy) following completion the buyer is G1.1 The lot (including any rights to be granted or reserved, to the rights of any tenant or other third party) pay that specifi cally to covenant in the transfer to indemnify the and any exclusions from it) is described in the special refund to the buyer; and seller against that liability. conditions, or if not so described the lot is that referred • (f) (subject to the rights of any tenant or other third G5.3 The seller cannot be required to transfer the lot to to in the sale memorandum. party) hold on trust for the buyer any insurance anyone other than the buyer, or by more than one G1.2 The lot is sold subject to any tenancies disclosed by the payments that the seller receives in respect of loss or transfer. special conditions, but otherwise with vacant possession damage arising after the contract date or assign to G6. Completion on completion. the buyer the benefi t of any claim; and the buyer must G6.1 Completion is to take place at the offi ces of the seller’s G1.3 The lot is sold subject to all matters contained or on completion reimburse to the seller the cost of that conveyancer, or where the seller may reasonably require, referred to in the documents, but excluding any fi nancial insurance (to the extent not already paid by the buyer on the agreed completion date. The seller can only be charges: these the seller must discharge on or before or a tenant or other third party) for the period from and required to complete on a business day and between completion. including the contract date to completion. the hours of 0930 and 1700. G1.4 The lot is also sold subject to such of the following as G3.2 No damage to or destruction of the lot nor any G6.2 The amount payable on completion is the balance of the may affect it, whether they arise before or after the deterioration in its condition, however caused, entitles price adjusted to take account of apportionments plus (if contract date and whether or not they are disclosed by the buyer to any reduction in price, or to delay applicable) VAT and interest. the seller or are apparent from inspection of the lot or completion, or to refuse to complete. G6.3 Payment is to be made in pounds sterling and only by: from the documents: G3.3 Section 47 of the Law of Property Act 1925 does not • (a) direct transfer to the seller’s conveyancer’s client • (a) matters registered or capable of registration as local apply. account; and land charges; G3.4 Unless the buyer is already lawfully in occupation of the • (b) the release of any deposit held by a stakeholder. • (b) matters registered or capable of registration by any lot the buyer has no right to enter into occupation prior G6.4 Unless the seller and the buyer otherwise agree, competent authority or under the provisions of any to completion. completion cannot take place until both have complied statute; G4. Title and identity with their obligations under the contract and the balance • (c) notices, orders, demands, proposals and G4.1 Unless condition G4.2 applies, the buyer accepts the of the price is unconditionally received in the seller’s requirements of any competent authority; title of the seller to the lot as at the contract date and conveyancer’s client account. • (d) charges, notices, orders, restrictions, agreements may raise no requisition or objection except in relation to G6.5 If completion takes place after 1400 hours for a reason and other matters relating to town and country any matter that occurs after the contract date. other than the seller’s default it is to be treated, for the planning, highways or public health; G4.2 If any of the documents is not made available before the purposes of apportionment and calculating interest, as if • (e) rights, easements, quasi-easements, and wayleaves; auction the following provisions apply: it had taken place on the next business day. • (f) outgoings and other liabilities; • (a) The buyer may raise no requisition on or objection G6.6 Where applicable the contract remains in force following • (g) any interest which overrides, within the meaning of to any of the documents that is made available before completion. the Land Registration Act 2002; the auction. G7. Notice to complete • (h) matters that ought to be disclosed by the searches • (b) If the lot is registered land the seller is to give to the G7.1 The seller or the buyer may on or after the agreed and enquiries a prudent buyer would make, whether or buyer within fi ve business days of the contract date completion date but before completion give the other not the buyer has made them; and an offi cial copy of the entries on the register and title notice to complete within ten business days (excluding • (i) anything the seller does not and could not plan and, where noted on the register, of all documents the date on which the notice is given) making time of the reasonably know about. subject to which the lot is being sold. essence. G1.5 Where anything subject to which the lot is sold would • (c) If the lot is not registered land the seller is to give G7.2 The person giving the notice must be ready to expose the seller to liability the buyer is to comply with it to the buyer within fi ve business days an abstract or complete. and indemnify the seller against that liability. epitome of title starting from the root of title mentioned G7.3 If the buyer fails to comply with a notice to complete the G1.6 The seller must notify the buyer of any notices, orders, in the special conditions (or, if none is mentioned, a seller may, without affecting any other remedy the seller demands, proposals and requirements of any competent good root of title more than fi fteen years old) and must has: authority of which it learns after the contract date but produce to the buyer the original or an examined copy • (a) terminate the contract; the buyer must comply with them and keep the seller of every relevant document. • (b) claim the deposit and any interest on it if held by a indemnifi ed. • (d) If title is in the course of registration, title is to consist stakeholder; G1.7 The lot does not include any tenant’s or trade fi xtures or of certifi ed copies of: • (c) forfeit the deposit and any interest on it; fi ttings. • (i) the application for registration of title made to the • (d) resell the lot; and G1.8 Where chattels are included in the lot the buyer takes land registry; • (e) claim damages from the buyer. them as they are at completion and the seller is not • (ii) the documents accompanying that application; G7.4 If the seller fails to comply with a notice to complete the liable if they are not fi t for use. • (iii) evidence that all applicable stamp duty land tax buyer may, without affecting any other remedy the buyer G1.9 The buyer buys with full knowledge of: relating to that application has been paid; and has: • (a) the documents, whether or not the buyer has read • (iv) a letter under which the seller or its conveyancer • (a) terminate the contract; and them; and agrees to use all reasonable endeavours to answer any • (b) recover the deposit and any interest on it from the • (b) the physical condition of the lot and what could requisitions raised by the land registry and to instruct seller or, if applicable, a stakeholder. reasonably be discovered on inspection of it, whether the land registry to send the completed registration G8. If the contract is brought to an end or not the buyer has inspected it. documents to the buyer. If the contract is lawfully brought to an end: G1.10 The buyer is not to rely on the information contained in • (e) The buyer has no right to object to or make • (a) the buyer must return all papers to the seller and the particulars but may rely on the seller’s conveyancer’s requisitions on any title information more than seven appoints the seller its agent to cancel any registration written replies to preliminary enquiries to the extent business days after that information has been given to of the contract; and stated in those replies. the buyer. • (b) the seller must return the deposit and any interest G2. Deposit G4.3 Unless otherwise stated in the special conditions the on it to the buyer (and the buyer may claim it from the G2.1 The amount of the deposit is the greater of: seller sells with full title guarantee except that (and the stakeholder, if applicable) unless the seller is entitled to • (a) any minimum deposit stated in the auction conduct transfer shall so provide): forfeit the deposit under condition G7.3. conditions (or the total price, if this is less than that • (a) the covenant set out in section 3 of the Law of G9. Landlord’s licence minimum); and Property (Miscellaneous Provisions) Act 1994 shall not G9.1 Where the lot is or includes leasehold land and licence • (b) 10% of the price (exclusive of any VAT on the extend to matters recorded in registers open to public to assign is required this condition G9 applies. price). inspection; these are to be treated as within the actual G9.2 The contract is conditional on that licence being G2.2 The deposit knowledge of the buyer; and obtained, by way of formal licence if that is what the • (a) must be paid in pounds sterling by cheque or • (b) the covenant set out in section 4 of the Law of landlord lawfully requires. banker’s draft drawn on an approved fi nancial Property (Miscellaneous Provisions) Act 1994 shall not G9.3 The agreed completion date is not to be earlier than the institution (or by any other means of payment that the extend to any condition or tenant’s obligation relating date fi ve business days after the seller has given notice auctioneers may accept); and to the state or condition of the lot where the lot is to the buyer that licence has been obtained. • (b) is to be held as stakeholder unless the auction leasehold property. G9.4 The seller must: conduct conditions provide that it is to be held as G4.4 The transfer is to have effect as if expressly subject to • (a) use all reasonable endeavours to obtain the licence agent for the seller. all matters subject to which the lot is sold under the at the seller’s expense; and G2.3 Where the auctioneers hold the deposit as stakeholder contract. • (b) enter into any authorised guarantee agreement they are authorised to release it (and interest on it if G4.5 The seller does not have to produce, nor may the buyer properly required. applicable) to the seller on completion or, if completion object to or make a requisition in relation to, any prior or G9.5 The buyer must: does not take place, to the person entitled to it under the superior title even if it is referred to in the documents. • (a) promptly provide references and other relevant sale conditions. G4.6 The seller (and, if relevant, the buyer) must produce to information; and G2.4 If a cheque for all or part of the deposit is not cleared on each other such confi rmation of, or evidence of, their • (b) comply with the landlord’s lawful requirements. fi rst presentation the seller may treat the contract as at identity and that of their mortgagees and attorneys (if G9.6 If within three months of the contract date (or such an end and bring a claim against the buyer for breach of any) as is necessary for the other to be able to comply longer period as the seller and buyer agree) the licence contract. with applicable Land Registry Rules when making has not been obtained the seller or the buyer may (if not G2.5 Interest earned on the deposit belongs to the seller application for registration of the transaction to which the then in breach of any obligation under this condition G9) unless the sale conditions provide otherwise. conditions apply. by notice to the other terminate the contract at any time G3. Between contract and completion G5. Transfer before licence is obtained. That termination is without G3.1 Unless the special conditions state otherwise, the seller
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Can’t make the auction? You can still make a telephone or proxy bid on the property you are interested in. 30 For further details contact the Auctioneers immediately. Telephone 0870 241 4343.
WESTCOUNTRY AUCTION_311013.indd 30 04/10/2013 12:20 Common Auction Conditions
prejudice to the claims of either seller or buyer for as, but not limited to, an application for licence; a rent state that there are capital allowances available in breach of this condition G9. review; a variation, surrender, agreement to surrender or respect of the lot. G10. Interest and apportionments proposed forfeiture of a tenancy; or a new tenancy or G16.2 The seller is promptly to supply to the buyer all G10.1 If the actual completion date is after the agreed agreement to grant a new tenancy) and: information reasonably required by the buyer in completion date for any reason other than the seller’s • (a) the seller must comply with the buyer’s reasonable connection with the buyer’s claim for capital allowances. default the buyer must pay interest at the interest rate requirements unless to do so would (but for the G16.3 The value to be attributed to those items on which capital on the price (less any deposit paid) from the agreed indemnity in paragraph (c)) expose the seller to a allowances may be claimed is set out in the special completion date up to and including the actual liability that the seller would not otherwise have, in conditions. completion date. which case the seller may act reasonably in such a way G16.4 The seller and buyer agree: G10.2 Subject to condition G11 the seller is not obliged to as to avoid that liability; • (a) to make an election on completion under Section apportion or account for any sum at completion unless • (b) if the seller gives the buyer notice of the seller’s 198 of the Capital Allowances Act 2001 to give effect the seller has received that sum in cleared funds. intended act and the buyer does not object within fi ve to this condition G16; and The seller must pay to the buyer after completion business days giving reasons for the objection the • (b) to submit the value specifi ed in the special any sum to which the buyer is entitled that the seller seller may act as the seller intends; and conditions to HM Revenue and Customs for the subsequently receives in cleared funds. • (c) the buyer is to indemnify the seller against all loss purposes of their respective capital allowance G10.3 Income and outgoings are to be apportioned at actual or liability the seller incurs through acting as the buyer computations. completion date unless: requires, or by reason of delay caused by the buyer. G17. Maintenance agreements • (a) the buyer is liable to pay interest; and G13. Rent deposits G17.1 The seller agrees to use reasonable endeavours to • (b) the seller has given notice to the buyer at any time G13.1 This condition G13 applies where the seller is holding transfer to the buyer, at the buyer’s cost, the benefi t of up to completion requiring apportionment on the date or otherwise entitled to money by way of rent deposit in the maintenance agreements specifi ed in the special from which interest becomes payable by the buyer; respect of a tenancy. In this condition G13 “rent deposit conditions. • in which event income and outgoings are to be deed” means the deed or other document under which G17.2 The buyer must assume, and indemnify the seller in apportioned on the date from which interest becomes the rent deposit is held. respect of, all liability under such contracts from the payable by the buyer. G13.2 If the rent deposit is not assignable the seller must on actual completion date. G10.4 Apportionments are to be calculated on the basis that: completion hold the rent deposit on trust for the buyer G18. Landlord and Tenant Act 1987 • (a) the seller receives income and is liable for outgoings and, subject to the terms of the rent deposit deed, G18.1 This condition G18 applies where the sale is a relevant for the whole of the day on which apportionment is to comply at the cost of the buyer with the buyer’s lawful disposal for the purposes of part I of the Landlord and be made; instructions. Tenant Act 1987. • (b) annual income and expenditure accrues at an equal G13.3 Otherwise the seller must on completion pay and assign G18.2 The seller warrants that the seller has complied with daily rate assuming 365 days in a year, and income and its interest in the rent deposit to the buyer under an sections 5B and 7 of that Act and that the requisite expenditure relating to some other period accrues at assignment in which the buyer covenants with the seller majority of qualifying tenants has not accepted the offer. an equal daily rate during the period to which it relates; to: G19. Sale by practitioner and • (a) observe and perform the seller’s covenants and G19.1 This condition G19 applies where the sale is by a • (c) where the amount to be apportioned is not known at conditions in the rent deposit deed and indemnify the practitioner either as seller or as agent of the seller. completion apportionment is to be made by reference seller in respect of any breach; G19.2 The practitioner has been duly appointed and is to a reasonable estimate and further payment is to • (b) give notice of assignment to the tenant; and empowered to sell the lot. be made by seller or buyer as appropriate within fi ve • (c) give such direct covenant to the tenant as may be G19.3 Neither the practitioner nor the fi rm or any member business days of the date when the amount is known. required by the rent deposit deed. of the fi rm to which the practitioner belongs has any G11. Arrears G14. VAT personal liability in connection with the sale or the Part 1 Current rent G14.1 Where a sale condition requires money to be paid performance of the seller’s obligations. The transfer is to G11.1 “Current rent” means, in respect of each of the tenancies or other consideration to be given, the payer must include a declaration excluding that personal liability. subject to which the lot is sold, the instalment of rent also pay any VAT that is chargeable on that money or G19.4 The lot is sold: and other sums payable by the tenant in advance on the consideration, but only if given a valid VAT invoice. • (a) in its condition at completion; most recent rent payment date on or within four months G14.2 Where the special conditions state that no VAT option • (b) for such title as the seller may have; and preceding completion. has been made the seller confi rms that none has been • (c) with no title guarantee; and the buyer has no G11.2 If on completion there are any arrears of current rent the made by it or by any company in the same VAT group right to terminate the contract or any other remedy buyer must pay them, whether or not details of those nor will be prior to completion. if information provided about the lot is inaccurate, arrears are given in the special conditions. G15. Transfer as a going concern incomplete or missing. G11.3 Parts 2 and 3 of this condition G11 do not apply to G15.1 Where the special conditions so state: G19.5 Where relevant: arrears of current rent. • (a) the seller and the buyer intend, and will take all • (a) the documents must include certifi ed copies of Part 2 Buyer to pay for arrears practicable steps (short of an appeal) to procure, that those under which the practitioner is appointed, G11.4 Part 2 of this condition G11 applies where the special the sale is treated as a transfer of a going concern; and the document of appointment and the practitioner’s conditions give details of arrears. • (b) this condition G15 applies. acceptance of appointment; and G11.5 The buyer is on completion to pay, in addition to any G15.2 The seller confi rms that the seller • (b) the seller may require the transfer to be by the other money then due, an amount equal to all arrears of • (a) is registered for VAT, either in the seller’s name or as lender exercising its power of sale under the Law of which details are set out in the special conditions. a member of the same VAT group; and Property Act 1925. G11.6 If those arrears are not old arrears the seller is to assign • b) has (unless the sale is a standard-rated supply) made G19.6 The buyer understands this condition G19 and to the buyer all rights that the seller has to recover those in relation to the lot a VAT option that remains valid and agrees that it is fair in the circumstances of a sale by a arrears. will not be revoked before completion. practitioner. Part 3 Buyer not to pay for arrears G15.3 The buyer confi rms that: G20. TUPE G11.7 Part 3 of this condition G11 applies where the special • (a) it is registered for VAT, either in the buyer’s name or G20.1 If the special conditions state “There are no employees conditions: as a member of a VAT group; to which TUPE applies”, this is a warranty by the seller to • (a) so state; or • (b) it has made, or will make before completion, a VAT this effect. • (b) give no details of any arrears. option in relation to the lot and will not revoke it before G20.2 If the special conditions do not state “There are no G11.8 While any arrears due to the seller remain unpaid the or within three months after completion; employees to which TUPE applies” the following buyer must: • (c) article 5(2B) of the Value Added Tax (Special paragraphs apply: (a) try to collect them in the ordinary course of Provisions) Order 1995 does not apply to it; and • (a) The seller must notify the buyer of those employees management but need not take legal proceedings or • (d) it is not buying the lot as a nominee for another whose contracts of employment will transfer to the forfeit the tenancy; person. buyer on completion (the “Transferring Employees”). (b) pay them to the seller within fi ve business days of G15.4 The buyer is to give to the seller as early as possible This notifi cation must be given to the buyer not less receipt in cleared funds (plus interest at the interest rate before the agreed completion date evidence: than 14 days before completion. calculated on a daily basis for each subsequent day’s • (a) of the buyer’s VAT registration; • (b) The buyer confi rms that it will comply with its delay in =); • (b) that the buyer has made a VAT option; and obligations under TUPE and any special conditions in (c) on request, at the cost of the seller, assign to the • (c) that the VAT option has been notifi ed in writing to respect of the Transferring Employees. seller or as the seller may direct the right to demand and HM Revenue and Customs; and if it does not produce • (c) The buyer and the seller acknowledge that pursuant sue for old arrears, such assignment to be in such form the relevant evidence at least two business days before and subject to TUPE, the contracts of employment as the seller’s conveyancer may reasonably require; the agreed completion date, condition G14.1 applies between the Transferring Employees and the seller will (d) if reasonably required, allow the seller’s conveyancer at completion. transfer to the buyer on completion. to have on loan the counterpart of any tenancy against G15.5 The buyer confi rms that after completion the buyer • (d) The buyer is to keep the seller indemnifi ed an undertaking to hold it to the buyer’s order; intends to: against all liability for the Transferring Employees after (e) not without the consent of the seller release any • (a) retain and manage the lot for the buyer’s own completion. tenant or surety from liability to pay arrears or accept a benefi t as a continuing business as a going concern G21. Environmental surrender of or forfeit any tenancy under which arrears subject to and with the benefi t of the tenancies; and G21.1 This condition G21 only applies where the special are due; and • (b) collect the rents payable under the tenancies and conditions so provide. (f) if the buyer disposes of the lot prior to recovery of charge VAT on them G21.2 The seller has made available such reports as the all arrears obtain from the buyer’s successor in title a G15.6 If, after completion, it is found that the sale of the lot is seller has as to the environmental condition of the covenant in favour of the seller in similar form to part 3 not a transfer of a going concern then: lot and has given the buyer the opportunity to carry of this condition G11. • (a) the seller’s conveyancer is to notify the buyer’s out investigations (whether or not the buyer has read G11.9 Where the seller has the right to recover arrears it must conveyancer of that fi nding and provide a VAT invoice those reports or carried out any investigation) and the not without the buyer’s written consent bring insolvency in respect of the sale of the lot; buyer admits that the price takes into account the proceedings against a tenant or seek the removal of • (b) the buyer must within fi ve business days of receipt environmental condition of the lot. goods from the lot. of the VAT invoice pay to the seller the VAT due; and G21.3 The buyer agrees to indemnify the seller in respect of all G12. Management • (c) if VAT is payable because the buyer has not liability for or resulting from the environmental condition G12.1 This condition G12 applies where the lot is sold subject complied with this condition G15, the buyer must of the lot. to tenancies. pay and indemnify the seller against all costs, interest, G22. Service Charge G12.2 The seller is to manage the lot in accordance with its penalties or surcharges that the seller incurs as a result. G22.1 This condition G22 applies where the lot is sold subject standard management policies pending completion. G16. Capital allowances to tenancies that include service charge provisions. G12.3 The seller must consult the buyer on all management G16.1 This condition G16 applies where the special conditions G22.2 No apportionment is to be made at completion in issues that would affect the buyer after completion (such respect of service charges.
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Guide prices may be amended at any time leading up to the auction. Don’t forget your proof of identity on the day – see page 6 31
WESTCOUNTRY AUCTION_311013.indd 31 04/10/2013 12:20 Common Auction Conditions
G22.3 Within two months after completion the seller must • (a) with the co-operation of the seller take immediate accepting all the above conditions and should take provide to the buyer a detailed service charge account steps to substitute itself as a party to any proceedings; independent legal advice if in doubt. for the service charge year current on completion • (b) use all reasonable endeavours to conclude any G30.2 Auction Procedure All prospective purchasers showing: proceedings or negotiations for the renewal of the must register their attendance in the auction room by • (a) service charge expenditure attributable to each tenancy and the determination of any interim rent as completing a registration form. They must provide such tenancy; soon as reasonably practicable at the best rent or rents confi rmation of their identity and evidence of their home • (b) payments on account of service charge received reasonably obtainable; and address as the Auctioneer in his absolute discretion from each tenant; • (c) if any increased rent is recovered from the tenant considers acceptable. Persons not registering, or who • (c) any amounts due from a tenant that have not been (whether as interim rent or under the renewed tenancy) are unable to provide adequate evidence of identity or received; account to the seller for the part of that increase that address, will not be permitted to bid in the auction. On • (d) any service charge expenditure that is not relates to the seller’s period of ownership of the lot the Property being knocked down by the Auctioneer, the attributable to any tenancy and is for that reason within fi ve business days of receipt of cleared funds. successful bidder must immediately attend the Settling irrecoverable. G24.5 The seller and the buyer are to bear their own costs Table and sign two copies of the Auction Memorandum G22.4 In respect of each tenancy, if the service charge account in relation to the renewal of the tenancy and any for the Property. The successful bidder must also pay shows that: proceedings relating to this. the necessary deposit (see clause G30.3) and the • (a) payments on account (whether received or still G25. Warranties Auctioneer’s Administration Charge (see clause G30.4). then due from a tenant) exceed attributable service G25.1 Available warranties are listed in the special conditions. G30.3 Deposit The Buyer will pay a deposit of 10% of the charge expenditure, the seller must pay to the buyer G25.2 Where a warranty is assignable the seller must: purchase price or £2,000, or such other fi gure stipulated an amount equal to the excess when it provides the • (a) on completion assign it to the buyer and give notice by the Seller’s solicitor, whichever shall be the greater, service charge account; of assignment to the person who gave the warranty; to the Auctioneer on or before signing the Auction • (b) attributable service charge expenditure exceeds and Memorandum. Unless the Special Conditions for the payments on account (whether those payments have • (b) apply for (and the seller and the buyer must use all lot in question state to the contrary, the Auctioneer been received or are still then due), the buyer must use reasonable endeavours to obtain) any consent to assign shall hold as agent of the Seller, save for that part all reasonable endeavours to recover the shortfall from that is required. If consent has not been obtained by representing the Auctioneers’ charges to the Seller. The the tenant at the next service charge reconciliation date completion the warranty must be assigned within fi ve deposit shall be paid by way of Banker’s Draft or other and pay the amount so recovered to the seller within business days after the consent has been obtained. such method the Auctioneer in his absolute discretion fi ve business days of receipt in cleared funds; but in G25.3 If a warranty is not assignable the seller must after may accept. Cash will not be accepted. Any interest respect of payments on account that are still due from a completion: accruing on monies held by the Auctioneers will be tenant condition G11 (arrears) applies. • (a) hold the warranty on trust for the buyer; and retained by them to offset administration. G22.5 In respect of service charge expenditure that is not • (b) at the buyer’s cost comply with such of the lawful G30.4 Auctioneers Administrative Charge The Buyer will attributable to any tenancy the seller must pay the instructions of the buyer in relation to the warranty as pay to the Auctioneer an administrative charge of £800, expenditure incurred in respect of the period before do not place the seller in breach of its terms or expose including VAT on or before the earliest of signing the actual completion date and the buyer must pay the the seller to any liability or penalty. Auction Memorandum or exchange of contract. expenditure incurred in respect of the period after actual G26. No assignment G30.5 Sale Particulars The Property is believed to be and completion date. Any necessary monetary adjustment The buyer must not assign, mortgage or otherwise shall be taken to be correctly described in the Auction is to be made within fi ve business days of the seller transfer or part with the whole or any part of the buyer’s Catalogue (“the Catalogue”). The Auctioneer has providing the service charge account to the buyer. interest under this contract. prepared the Catalogue from information provided by G22.6 If the seller holds any reserve or sinking fund on account G27. Registration at the Land Registry or on behalf of the Seller and the Auctioneer shall not of future service charge expenditure or a depreciation G27.1 This condition G27.1 applies where the lot is leasehold be responsible for any errors in the Catalogue. The fund: and its sale either triggers fi rst registration or is a Buyer must satisfy himself, before making a bid, as to • (a) the seller must pay it (including any interest earned registrable disposition. The buyer must at its own the accuracy of the particulars given in the Catalogue on it) to the buyer on completion; and expense and as soon as practicable: and shall not be entitled to cancel the sale or rescind • (b) the buyer must covenant with the seller to hold it • (a) procure that it becomes registered at Land Registry the Agreement for Sale of the Property as a result of any in accordance with the terms of the tenancies and to as proprietor of the lot; incorrect statement, error or omission in the Catalogue. indemnify the seller if it does not do so. • (b) procure that all rights granted and reserved by the The Buyer acknowledges that he has not relied on the G23. Rent reviews lease under which the lot is held are properly noted Catalogue in deciding whether to buy the Property and G23.1 This condition G23 applies where the lot is sold subject against the affected titles; and that the Buyer is not relying on the information in the to a tenancy under which a rent review due on or before • (c) provide the seller with an offi cial copy of the register particulars as proof that the current or any future use or the actual completion date has not been agreed or relating to such lease showing itself registered as nature of any lot is legitimate, consented or approved. determined. proprietor. The Buyer acknowledges that the onus for verifi cation G23.2 The seller may continue negotiations or rent review G27.2 This condition G27.2 applies where the lot comprises lies solely with the Buyer. If any information is not cor rect proceedings up to the actual completion date but may part of a registered title. The buyer must at its own any liability of the Seller and any remedy of the Buyer not agree the level of the revised rent or commence rent expense and as soon as practicable: are excluded to the extent permitted by statute. review proceedings without the written consent of the • (a) apply for registration of the transfer; G30.6 Misrepresentations The Buyer acknowledges that: buyer, such consent not to be unreasonably withheld or • (b) provide the seller with an offi cial copy and title plan (a) He has not been persuaded to purchase the Property delayed. for the buyer’s new title; and by any statement or representation whether verbal or in G23.3 Following completion the buyer must complete • (c) join in any representations the seller may properly writing which may have been made to him or any person rent review negotiations or proceedings as soon as make to Land Registry relating to the application. on his behalf, by the Auctioneer, the Seller or anyone on reasonably practicable but may not agree the level G28. Notices and other communications behalf of the Seller; of the revised rent without the written consent of the G28.1 All communications, including notices, must be in writing. (b) Any such statement or representation as referred seller, such consent not to be unreasonably withheld or Communication to or by the seller or the buyer may be to in paragraph (a) above does not form part of this delayed. given to or by their conveyancers. Agreement; and G23.4 The seller must promptly: G28.2 A communication may be relied on if: (c) Any liability of the Auctioneer, the Seller or anyone • (a) give to the buyer full details of all rent review • (a) delivered by hand; or on behalf of the Seller at law or in equity in respect negotiations and proceedings, including copies of all • (b) made electronically and personally acknowledged of any statement made to the Buyer or anyone on correspondence and other papers; and (automatic acknowledgement does not count); or his behalf is excluded to the extent permitted by the • (b) use all reasonable endeavours to substitute the • (c) there is proof that it was sent to the address of the Misrepresentation Act 1967. buyer for the seller in any rent review proceedings. person to whom it is to be given (as specifi ed in the G30.7 Service and Other Fittings The Seller makes no claim G23.5 The seller and the buyer are to keep each other sale memorandum) by a postal service that offers as to the ownership of any electric wiring and fi ttings, gas informed of the progress of the rent review and have normally to deliver mail the next following business fi ttings and installations, central heating installations, TV regard to any proposals the other makes in relation to it. day. aerials, satellite dishes or other reception devices, any G23.6 When the rent review has been agreed or determined G28.3 A communication is to be treated as received: of which may belong to the supply companies. In such the buyer must account to the seller for any increased • (a) when delivered, if delivered by hand; or cases the Seller accepts no liability for any payments that rent and interest recovered from the tenant that relates • (b) when personally acknowledged, if made may be outstanding. to the seller’s period of ownership within fi ve business electronically; but if delivered or made after 1700 hours G30.8 Bidding Reservations For the purpose of the Estate days of receipt of cleared funds. on a business day a communication is to be treated as Agents Act 1979, the right is reserved to the Auctioneer G23.7 If a rent review is agreed or determined before received on the next business day. or any related company, and the shareholders, and completion but the increased rent and any interest G28.4 A communication sent by a postal service that offers employees of the foregoing or their associates or recoverable from the tenant has not been received normally to deliver mail the next following business day members of their respective families, to bid at the by completion the increased rent and any interest will be treated as received on the second business day auction or to offer a property for sale at the auction. recoverable is to be treated as arrears. after it has been posted. G30.9 Inspection of Plans, Leases, etc Copies of G23.8 The seller and the buyer are to bear their own costs in G29. Contracts (Rights of Third Parties) Act 1999 restrictions, plans, leases and any other documents relation to rent review negotiations and proceedings. No one is intended to have any benefi t under the referred to in the Special Conditions of Sale or the G24. Tenancy renewals contract pursuant to the Contract (Rights of Third Parties) Auction Catalogue may be inspected on-line at www. G24.1 This condition G24 applies where the tenant under a Act 1999. countrywidepropertyauctions.co.uk or at the offi ces tenancy has the right to remain in occupation under part G30.1 Generally Each Property is sold in accordance with Royal of the Seller’s Solicitors or the Auctioneer’s offi ces at II of the Landlord and Tenant Act 1954 (as amended) and Institute of Chartered Surveyors (RICS) Common Auctions any time during normal working hours, up to the date references to notices and proceedings are to notices and Conditions, Edition 3, (“the Common Auction Conditions”) prior to the sale or in the auction room prior to the proceedings under that Act. subject to the following, each taking precedence over the commencement of the auction sale. The Buyer shall G24.2 Where practicable, without exposing the seller to other in descending order: be treated as buying with full knowledge of all matters, liability or penalty, the seller must not without the (i) The Special Conditions of Sale for each Property if whether or not he has inspected any of the documents. written consent of the buyer (which the buyer must not applicable (“the Special Conditions”), plus The Law unreasonably withhold or delay) serve or respond to any Society’s conditions known as the Standard Conditions notice or begin or continue any proceedings. of Sale (Fifth Edition) if applicable, as set out in the Legal G24.3 If the seller receives a notice the seller must send a Pack; copy to the buyer within fi ve business days and act as (ii) These Extra Conditions of Sale (otherwise known as the buyer reasonably directs in relation to it. the Extra Conditions of Sale); G24.4 Following completion the buyer must: (iii) The Auction Catalogue; and its addendum. The Buyer is deemed to buy the Property knowing and fully
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Can’t make the auction? You can still make a telephone or proxy bid on the property you are interested in. 32 For further details contact the Auctioneers immediately. Telephone 0870 241 4343.
WESTCOUNTRY AUCTION_311013.indd 32 04/10/2013 12:20 Notes
www.countrywidepropertyauctions.co.uk www.countrywidepropertyauctions.co.uk
Guide prices may be amended at any time leading up to the auction. Don’t forget your proof of identity on the day – see page 6 33
WESTCOUNTRY AUCTION_311013.indd 33 04/10/2013 12:20 Legal Documents
Legal Documents Online
Online Legal Documents – How to Download
Once we have received the legal pack for each property in the auction, it will be processed and uploaded to the EIG Auction Passport.
Any interested parties can download, free of charge, the legal documentation relating to any lot within the auction from this site. Should the legal documentation not yet be available, prospective buyers can register their interest in a particular lot, and be informed by email when the documentation is available.
In order to view and download documents, interested parties are required to register for an EIG Auction Passport, which is free of charge and will allow them to view any legal documentation for any lot within the auction.
How to access step by step: www.countrywidepropertyauctions.co.uk • This will bring you to our main page • Go to the middle purple box called Quick Links and click on ‘Online Legal Documents’ link • This will take you to the list of auctions • Select the auction you are interested in. • Select the Lot you are interested in.
If the Legal Documents are available, under ‘Extra Information’ there will be a link to click which says ‘Download Legal Documents’, Otherwise it will say ‘The Legal Documents are not yet available’. Click here to receive notifi cation when the Legal Documents are available.
This will bring you to a page to either login to ‘Auction Passport’ or EIG, where you will need to register for the ‘Auction Passport’ if you haven’t done so before.
Download Legal Documents or register interest.
www.westcountrypropertyauctions.co.uk
Can’t make the auction? You can still make a telephone or proxy bid on the property you are interested in. 34 For further details contact the Auctioneers immediately. Telephone 0870 241 4343.
WESTCOUNTRY AUCTION_311013.indd 34 04/10/2013 12:20 Proxy/Telephone Bidding Form
Authorisation for Bidding by Proxy or by Telephone
I ......
of Address: ......
...... Postcode: ......
Home Tel: ...... Business Tel: ......
Mobile Tel: ...... Hereby authorise Countrywide Property Auctions to bid on my behalf whether by proxy or by telephone for the property detailed below. I confi rm that I have carefully read and understand the Conditions of Sale and the Conditions for bidding by Proxy or Telephone, both contained in this catalogue, and the Special Conditions of Sale (Articles of Roup for Scottish property) for the property concerned. THIS IS A PROXY BID TELEPHONE BID
PROPERTY AND BID DETAILS
Lot No: ...... Address: ......
......
MAXIMUM BID (PROXY BIDS ONLY) £ ...... (NOTE: The bid must be a defi nite fi gure ending either in £000, £250, £500 or £750)
(Words ...... ) I attach my cheque for 10% of my proxy bid or, in the case of a telephone bid, 10% of the guide price or the highest of the guide prices, where there is a range, or £2,000, whichever is the greater, plus £800 (inclusive of VAT) administration charge. I also enclose copies of documents confi rming my identity and giving evidence of my address.
My cheque of £ ...... is made payable to Countrywide Property Auctions
My Solicitors are: ......
of (Address): ......
...... Postcode: ......
Tel: ...... Person Acting: ...... If my bid is successful I FURTHER AUTHORISE the Auctioneer to sign the Memorandum of Sale (Minutes of Preference and Enactment for Scottish property) on my behalf and, as such, I recognise that I will then be the fully bound purchaser of the property referred to above and must complete the purchase of the property within the time specifi ed in the Conditions of Sale
Signed: ...... Date: ......
DATA PROTECTION ACT: We will keep your personal data on fi le and may pass these onto other organisations which are part of or connected with the Countrywide Group who may wish to offer you fi nancial or property related services. If you do not want this service please tick here . TERMS & CONDITIONS FOR BIDDING BY PROXY OR BY TELEPHONE 1. THE FORM. The adjacent form must be fully completed, Cheque, Bankers Draft or a Personal Cheque. With proxy bids, 7. DISCLOSURE OF BID. The amount of any proxy or signed and dated by the prospective purchaser (referred if the property is purchased at a fi gure less than the amount telephone bid will not be disclosed to the Vendor or any to below as “The Bidder”) and delivered to Countrywide of the bid, the payment will be used in full as a deposit. If, other party except senior members of the Auctioneer’s staff. Property Auctions (referred to below as “The Auctioneers”) with a telephone bid, the purchase price is higher than the 8. CHANGE OF MIND. If the Bidder wishes to withdraw the to be received not less than 24 hours prior to the start of the guide price, then a balancing amount will be required from bid or wishes to attend the auction to bid himself, then it is auction together with the appropriate payment. A separate the purchaser to make the deposit to the required fi gure. the Bidder’s responsibility that the Auctioneer for the day is form should be completed for each lot for which a Bidder If the purchase price is less than the guide price, then the informed personally before the lot in question is offered for requires the Auctioneers to bid. payment will be used in full as a deposit. In the event that the sale. 2. PROOF OF IDENTITY. To adhere to the requirements of the bidder is unsuccessful, the full amount of the deposit will be 9. AUCTIONEER’S LIABILITY. The Auctioneers will do their current Money Laundering Regulations, either the originals promptly refunded. utmost to conform with the instructions of the Bidder, but will or copies certifi ed by a Solicitor or a member of Countrywide 4. PROXY BID. The Auctioneer or his staff will compete in accept no liability whatsoever for any bid not being made plc staff, of the following documents must be provided and the bidding up to the maximum of the authorised Proxy bid. on behalf of the Bidder, whether through lack of clarity of sent to the Auctioneers with this form, as follows:; Personal If successful, the purchaser will be informed as soon as is instruction or any other reason. Identifi cation – Either Current Signed Passport or Current UK practicable.This bid is binding on the bidder up to 6pm on 10. PLEASE RETURN FORM TO: COUNTRYWIDE PROPERTY Driving Licence or Inland Revenue Tax Notifi cation or Fire the day of the Auction to allow for the possibility on unsold AUCTIONS 80–86 NEW LONDON ROAD CHELMSFORD Arms Certifi cate Evidence of Address – Either Public Utility lots that the Vendor agrees to sell post auction at a fi gure CM2 0PD Bill issued within the last three months or Local Authority below the reserve price. Where two equal bids are made 11. PERSONAL RECORD Tax Bill or Bank, Building Society or Credit Union Statement by two separate bidders, the fi rst bid received will take Lot No ...... containing current address or The most recent original preference. Mortgage Statement or Current UK Driving Licence (if not 5. TELEPHONE BID. A member of the Auctioneer’s staff will Proxy Bid £ ...... used as an identity document). If you are buying on behalf of attempt to contact the Bidder by telephone prior to the lot a third party, Company or anyone other than yourself please concerned being offered for sale. If contact is made then the Maximum Telephone Bid £ ...... contact the Auctioneers now prior to completing the form. Bidder may compete in the bidding through the Auctioneer’s 3. THE DEPOSIT. Each form must be accompanied by a staff or the Bidder’s agent. The bidder accepts that they are Date Sent ...... deposit payment which represents either unable to participate in the auction if it is impossible to obtain (a) For proxy bids – 10% of the bid or £2,000, whichever is telephone contact or the line breaks down. Amount of deposit £ ...... the higher. 6. THE CONTRACT. At auction, a contract is created at the fall (b) For telephone bids – 10% of the maximum guide price for of the Auctioneer’s hammer. If a bid is successful therefore, that property or £2,000. whichever is the higher. Plus £800 the Auctioneer is authorised to sign the Memorandum of inclusive of VAT (being the administration charge). Payment Agreement (Minutes of Preference and Enactment for Scottish shall be by Building Society Cheque, Solicitors Client Account property) www.westcountrypropertyauctions.co.uk
Guide prices may be amended at any time leading up to the auction. Don’t forget your proof of identity on the day – see page 6 35
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ALL CORRESPONDENCE: HEAD OFFICE LONDON OFFICE WESTCOUNTRY OFFICE 80–86 New London Road, Tel: 0207 963 0628 Tel: 0870 241 4343 Chelmsford, Essex CM2 0PD Email: [email protected] Email: [email protected] Tel: 0870 240 1140 Email: [email protected]
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