Property Auction Catalogue Ar S A I a Nn E a R N
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LOCAL EXPERTISE | NATIONAL COVERAGE PROPERTY AUCTION CATALOGUE ARDS AW WI A NN V E A R N • THURSDAY 6 JUNE 2019 AT 2:00 pm P • R R A O E THE WESTBURY MAYFAIR HOTEL, 37 CONDUIT STREET P Y E R E MAYFAIR, LONDON W1S 2YF T H Y T A F U O CT E ION HOUS www.networkauctions.co.uk VENUE LOCATION THE WESTBURY MAYFAIR 37 CONDUIT STREET, MAYFAIR, LONDON W1S 2YF Opened in 1955, The Westbury Mayfair is primely located on Bond Street, in the heart of Mayfair’s fashion and arts district. The only hotel to occupy such a prized address, it shares its illustrious position with prestigious boutiques, arts institutions and city landmarks, offering an ideal base from which to explore the individuality and authentic personality of the neighbourhood. Heathrow Express at Paddington Station 3/4 mile Directions: The hotel is situated on Conduit Street between Regent Street and New Bond Street. Valet parking is available, please contact EDGWA R E R O A D the hotel for details. CARNABY STREE ST GEORGE STREET Nearest tube station: N E W B O N D REGENT STREET Oxford Circus T BROOK STREET STREET G R E E N S T CONDUIT STREET www.marriott.co.uk | +44 20 7629 7755 GROSVENER STREET W O O D S M E W S UPPER BROOK ST C U L R O S S S T BURTON STREET OLD BOND STREET BERKELEY UPPER GROSVENORPARK STREET ST SQUARE DOVER STREET T 020 7871 0420 | E [email protected] www.networkauctions.co.uk INTRODUCING THE AUCTION TEAM Toby Limbrick Guy Charrison Stuart Elliott FNAVA FRICS, PPNAVA (Hons), FNAEA, FARLA, FRSA FNAVA, MARLA [email protected] [email protected] [email protected] Richard Worrall FNAVA Mark Limebear Denise Daniels [email protected] [email protected] [email protected] www.networkauctions.co.uk ORDER OF SALE THURSDAY 6 JUNE 2019 at 2:00 pm THE WESTBURY MAYFAIR, 37 CONDUIT STREET, MAYFAIR, LONDON W1S 2YF LOT ADDRESS LOT ADDRESS 1 27 Chaucer Drive, Aylesbury, Buckinghamshire, HP21 7LJ 18 Ruby Court, 6 Tring Avenue, Wembley, Middlesex, HA9 6DW 2 Brethrens Meeting Room, Hall Street, Chelmsford, Essex, CM2 0HG 19 Locking Service Station, Locking Moor Road, Locking, 3 7 Westland Road, Watford, Hertfordshire, WD17 1QR Weston-super-Mare, Somerset, BS24 7BE 4 59 Gladstone Road, Watford, Hertfordshire, WD17 2RA 20 Prospect House, St. Leonards Road, Newton Abbot, Devon, TQ12 1JY 5 145 Berwick Avenue, Hayes, Middlesex, UB4 0NJ 21 59B Bridge Road, East Molesey, Surrey, KT8 9ER 6 1 Lester Mews, Frederick Street, Luton, Bedfordshire, LU2 7QP 22 Garage, Priors Road, Tadley, Hampshire, RG26 4QL 7 Site Adjacent to Delgany, Solesbridge Lane, Chorleywood, 23 155 Cowick Street, Exeter, Devon, EX4 1AS Rickmansworth, Hertfordshire, WD3 5SW 24 183 Abbotsford Court, Abbotsford Drive, Glenrothes, 8 Delgany, Solesbridge Lane, Chorleywood, Rickmansworth, Fife, KY6 2LT Hertfordshire, WD3 5SW 24a 5 Penhale Estate, Redruth, Cornwall, TR15 1HG 9 Flat 9 Westfield House, Rotherhithe New Road, Surrey Quays, London, SE16 2AB 25 1B Quebec Avenue, Southend-on-Sea, Essex, SS1 2DE 10 55a Chesterton Terrace, Plaistow, London, E13 0BZ 26 11-12 High Street, Ilfracombe, Devon, EX34 9DF 11 1 Bigbury Gardens, Reading, Berkshire, RG2 7LD 27 Glenthorne, 1 St. Marychurch Road, Torquay, Devon, TQ1 3HY 12 Flats 1-10, 21 South Terrace, Littlehampton, West Sussex, BN17 5PA 28 28 Mentieth Close, Bletchley, Milton Keynes, Buckinghamshire, MK2 3EU 13 Flats 1 - 8, 46 South Terrace, Littlehampton, West Sussex, BN17 5LD 29 7 Cambridge Road, Langford, Biggleswade, 14 232 Throstle Place, Boundary Way, Watford, Bedfordshire, SG18 9SE Hertfordshire, WD25 7SU 30 Frome Lodge, 10 Cranford Lane, Harlington, Hayes, 15 5 Lorton, Tamworth, Staffordshire, B79 7UQ Middlesex, UB3 5HA 16 22 Lippitts Hill, Bushmead, Luton, Bedfordshire, LU2 7YN 31 1 Little Farleigh Green Cottages, Farleigh Court Road, Warlingham, Surrey, CR6 9PX 17 Flat 2, 249 Whitehorse Lane, South Norwood, London, SE25 6UP 32 20 Tithe Road, Kempston, Bedford, Bedfordshire, MK43 9BE IMPORTANT NOTICE Potential additional fees and costs payable by the buyer in addition to the purchase price Fixed or variable additional fees and costs may be payable by the buyer on top of the purchase price. These will include a buyer’s administration fee of £900 incl VAT and may include contributions towards the seller’s costs, documentation costs, ground rent, apportionment of rent or service charge, rent or service charge arrears, VAT, Stamp Duty Land Tax etc. To establish the full cost of purchasing a property please obtain your own independent advice and inspect the legal documentation, in particular the special conditions. We are pleased to advise on all aspects of buying or selling at auction, please call us on 020 7871 0420 or email [email protected] 1 IMPORTANT NOTES FOR AUCTION BIDDERS These notes and the Conditions of Sale of each lot are available at the auctioneers’ office. Prospective buyers and their legal advisors should read them carefully. Both the auctioneers and their seller clients have taken all reasonable steps to ensure that the properties in this catalogue are fairly described and that every opportunity has been given to enable prospective buyers to make the necessary enquiries and investigations prior to the auction. Details of the seller’s solicitors are available upon request. Deposit: A reserve price is the minimum price at twenty working days after the auction date, At auction the fall of the gavel creates a which the seller allows the auctioneers unless specified otherwise. binding contract and we, as auctioneers, to sell the lot at. It remains confidential immediately require a deposit of 10% of between the seller and the auctioneers. Administration Charge: the purchase price (subject to a minimum An administration charge of £900 incl of £2,500). This deposit can be paid by Fixed or variable additional fees and VAT applies to each lot. This is paid by cheque, banker’s draft, debit card or costs may be payable by the buyer on the buyer in the saleroom immediately credit card. Payments by cash cannot top of the purchase price: after the lot has been ‘knocked down’. be accepted. These will include a buyer’s administration In the event of non-payment of the fee of £900 incl VAT and may include administration charge a deduction of £900 Telephone, Proxy and Internet Bidding: contributions towards the seller’s costs, incl VAT will be made from the buyer’s We are pleased to be able to offer remote documentation costs, ground rent, deposit and this will need to be ‘made up’ bidding to anyone who is unable to attend apportionment of rent or service charge, by the buyer prior to completion. the saleroom. Remote bidding can be rent or service charge arrears, VAT, Stamp by telephone, proxy and at our London Duty Land Tax etc. To establish the full Legal Documents & Additional Costs: saleroom by internet. Please download cost of purchasing a property please It is essential that bidders check the legal and complete the remote bidding form that obtain your own independent advice documents prior to bidding and take is available on our website. Please note and inspect the legal documentation, in professional advice. Special conditions this form must be delivered to our office particular the special conditions. no later than twenty four hours prior to the of sale can contain additional costs (that auction and must be accompanied by Particulars of Sale: is costs over and above the price that the identification documents, the 10% deposit Bidders should check the particulars lot is ‘knocked down’ at) and bidders are and the auctioneers’ administration fee. relating to any lot for which they intend to deemed to be aware of any additional bid and ensure that they are satisfied with costs prior to bidding. Prior Sales & Withdrawn Lots: the accuracy of all measurements, areas, Prospective buyers should contact us details, leases and other matters referred to Rents, Information Regarding Tenants prior to the auction to confirm whether a in the particulars of the lot or the conditions & Price Estimates: lot has been sold or withdrawn. We and of sale and all other matters subject to Any estimates provided by the auctioneers our clients shall not be responsible for which the properties are sold or have the regarding the price at which a property any losses or abortive costs incurred by benefit of. Bidders should check that any may be sold cannot be accepted by a prospective buyers against lots that are contents, fixtures or fittings described as buyer as advice or any form of valuation. withdrawn or sold prior to the auction. included in the sale and are the property Any estimates or suggestions given by of the seller. This should be done by the auctioneers regarding current or future Definition of ‘Guide Price’ & inspecting the property and by making the rental prices must not be relied upon as ‘Reserve Price’: necessary enquiries with the auctioneers, a valuation, but merely as estimates for A guide price is an indication of the seller’s the seller or the sellers’ solicitors. Bidders guidance purpose only. current minimum acceptable sale price. should make all necessary searches and The guide price, or range of guide prices, is enquiries of appropriate bodies including Addendum & Auctioneer’s given to assist interested parties in deciding local authorities and service providers. All Announcements: whether or not to pursue their interest. It measurements and areas referred to in the Amendments to the catalogue particulars is usual, but not always the case, that a particulars are approximate. Bidders will be or conditions of sale (addendum) will be provisional reserve price is set by the seller considered to have inspected the relevant displayed in the saleroom and will be read prior to the catalogue being published.