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The Midlands Auction Centre Apr FC.qxp_Layout 1 13/03/2020 10:47 Page 1 THE MIDLANDS AUCTION CENTRE Bagshaws Residential Property Auction Wednesday 1st April 2020 commencing at 11.30am Derbyshire County Cricket Club Nottingham Road Derby DE21 6DA Page 2_17.qxp_Layout 1 13/03/2020 15:51 Page 1 Auction Venue Derbyshire County Cricket Club Nottingham Road, Derby DE21 6DA. Car M1 NORTH N RACECOURSE PARK Directions from the M1 motorway, junction 25 and A61 Nottingham, proceed along the A52 sign posted to DERBYSHIRE COUNTY CRICKET CLUB derby. As you reach the pentagon island, take the 4th exit and you see will the cricket ground located on your CAR PARK A601 left hand side. Directions from the A38 via West ROAD NOTTINGHAM CITY Midlands, proceed up the A38 towards Derby passing CENTRE PENTAGON ISLAND straight over at the Markeaton island on to Queensway, A52 then proceed down to Little Eaton island, take the 3rd A52 DERBY exit on to the A61 and you will follow this road to RAILWAY STATION pentagon island to which you will need to take the first NOTTINGHAM A601 & M1 JCT 25 exit. A6 Page 2_17.qxp_Layout 1 13/03/2020 15:51 Page 2 Contents Introduction ..........................................................................................4 Meet the Team ......................................................................................4 Money Laundering Regulations .............................................................5 Auction Information ..............................................................................6 Remote Bidding Form ..........................................................................11 Bidders Registration Form ....................................................................13 Auction Notices ...................................................................................38 General Conditions of Sale ..................................................................40 Office Address: Midlands Auction Centre, 32-34 Cornmarket, Derby DE1 2DG Tel: 01332 542296 Email: [email protected] www.bagshawsauctions.co.uk www.rightmove.co.uk Bagshaws Residential is a trading name of Sequence (UK) Limited, registered in England and Wales, company number 4268443. Registered at Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, LU7 1GN. Registration Number: 5002 248105. 3 Page 2_17.qxp_Layout 1 13/03/2020 15:51 Page 3 Introduction Welcome to our second auction of the year. website www.bagshawsauctions.co.uk. My team are here to assist you in the From our last auction on the 12th February, it was clear that buyers had a surge lead up to the auction with any enquiries or questions you may have. in confidence and commitment to purchase with most of the political This will be a busy auction so please arrive in plenty of time to register to bid uncertainty settled. Buyers are still very focused on value for money and whilst and ensure you collect your bidding paddle at the auction. Bring your debit we may expect to see property prices rise throughout the year, we are currently card for payment of your deposit (minimum of £5,000 or 10%) together with at the beginning of this trend. your identification requirements which you will find listed in the Money As you page through our catalogue whether it’s online or our printed version Laundering Regulation Section of this catalogue as well as on our website, In we have an array of different properties to suit each buyer’s needs, whether fact, why not pre-complete the bidders registration form so you can simply you are an investor or somebody looking for their first home. We have a hand this to one of my members of staff when you arrive at the auction room fantastic plot of land with planning permission located in Cromford close to itself. the Peak District. We have a range of properties located within Derby such as We will continuously monitor the situation regarding Covid-19 and implement a three bedroom, end terrace, close to the city centre as well as a two bedroom, appropriate health and safety precautions to ensure our commitments to the semi-detached property in Sinfin and a three bedroom, semi-detached home safety of our attendees. Appropriate measures are being put in place at the in Allenton. Further afield we have a plot of land in Kings Bromley, Burton-on- venue, including multiple hand-sanitisers, and guidance has been issued to our Trent and a three bedroom, semi-detached home which requires total staff regarding personal hygiene measures. refurbishment in Shirebrook. We advise all attendees to practice safe hygiene measures including, not It is easy to get carried away in the auction room and for this reason, you must shaking hands with other attendees, thoroughly washing hands regularly, using make sure you are prepared before purchasing a lot. The savvy bidder may well the hand sanitizer provided, and sneezing into tissues followed by immediate bid and purchase a lot that they have neither seen, carried out any due and appropriate disposal, in bins provided. diligence on or even made arrangements for completion. It is of course entirely your decision however, it is always our recommendation that you see any lot No one is more experienced in this field than Bagshaws Residential and if you you wish to bid for and that you arrange for your solicitor/conveyancer to are considering selling a property at auction you should not hesitate to contact advise you on the content of the legal pack. Finally, make sure you have funds a member of the team for friendly free advice on Derby 01332 542296. or arrangements in place to pay not only the deposit, but also the balance We look forward to welcoming you to our second auction of 2020 at the upon completion. Don’t forget when you bid at auction, you are bidding to Derbyshire County Cricket Ground on 1st April and wish you the best of luck buy, and on the fall of the auctioneers gavel you have exchanged a binding with your bidding. contract. Simon Gillibrand As always, legal packs are available to download free of charge from our Auction Partner Meet the Team Simon Gillibrand Simon Arnes Paul Perriam Simon Anderson Giles Hart Auction Partner Auctioneer Business Development National Operations Manager Director Ian Simmonds Rob Southwell Jamie Forman Kevin Jackson Yasmin Ward Area Director Area Partner Land Manager Area Director Auction Co-ordinator 4 Page 2_17.qxp_Layout 1 13/03/2020 15:51 Page 4 Money Laundering MONEY LAUNDERING REGULATIONS 2017 The Money Laundering Regulations, 4th Directive came into effect on 26th June 2017 and as property auctions fall within a ‘relevant business’ it is a requirement upon this company to follow certain procedures within this legislation. As a result, all buyers attending our auctions and transacting business with us must provide relevant documentation in order to prove their identity and place of residence. Buyers should note that these documents are required for these purposes only and copies are taken subject to all data protection regulations. If you are attending the auction on behalf of a potential buyer, you must be able to provide proof of your own identity and residence and certified copies of the buyer’s identity and residence. Certified copies must be of original documentation and bear an original signature of the person certifying the document and signed as true certified copies and confirm photographic ID is a true likeness of the subject. Only copies certified by a UK lawyer, UK banker, authorised financial intermediary such as an independent financial advisor, FCA regulated mortgage broker, certified accountant, teacher, doctor, minister of religion can be accepted. All of the above must be capable of being contacted by telephone by us prior to you buying and/or on the day of the auction. DOCUMENTATION BIDDERS/BUYERS MUST SHOW US If you conduct business with us and are an individual, the documents we can accept are listed below. We must verify your name and residential address and require two documents. One document must be from List A and one document from List B. You must allow us to copy this documentation for storage and filing for 5 years. Please note we may carry out electronic verification of any documents provided. For UK trusts, companies and partnerships, occupational pension schemes, registered charities in England and Wales, local authorities or non-UK individuals you should contact us well in advance of bidding at the auction or buying to confirm the documentation we require. LIST A – EVIDENCE OF IDENTITY (INCLUDING PHOTOGRAPH) I Valid passport I Valid photo card driving licence (full or provisional) I National Identity card (Non-UK Nationals) I Firearms certificate I Identity card issued by the Electoral office for Northern Ireland I Inland Revenue (HMRC) registration card LIST B - EVIDENCE OF RESIDENCE (AND SHOWING YOUR NAME) I The most recent utility bill (not mobile phone bill) it can be within 12 months if it is an annual bill I Current council tax demand letter I Valid photo card driving licence I Bank statement or credit card statement dated within the last 3 months I Mortgage statement issued within the last 12 months I Council or housing association rent card for the current year I Current tenancy agreement QUERIES AND CONTACTING US If you have any queries relating to these regulations and our requirements you should contact us well in advance of bidding at auction or buying before or after the auction. Please contact Yasmin Ward on 01332 542296 or email [email protected] 5 Page 2_17.qxp_Layout 1 13/03/2020 15:51 Page 5 Auction Information AUCTION ENQUIRIES If you have any enquiries regarding properties in this auction, viewing i properties, bidding at auction or to submit your own property into our next auction, please call our auction team on 01332 542296 or email us at [email protected] GUIDE PRICES £ You will find Guide Prices on the order of sale and viewing details on each lot within this catalogue. The most up-to-date Guide Prices for each lot are published on our website.
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