Thursday 26th July 2018 2.00pm Bolton Wanderers Football Ground, Macron Stadium Platinum Suite De Havilland Way Bolton BL6 6SF AUCTION VENUE CAR PARK MAIN RECEPTION CAR PARK HOW TO FIND US Macron stadium is positioned at the heart of the North West motorway network on the M61 at junction 6. We are within easy reach of Manchester (city centre and airport). The stadium is serviced by a rail station, Horwich Parkway, situated 300m away. There is ample parking for in excess of 2500 vehicles. Auction attendees are to visit the Main Reception at the ground and take the lift to the Platinum Suite. Thursday 26th July 2018 - 2.00pm Bolton Wanderers Football Ground Macron Stadium, Platinum Suite, De Havilland Way, Bolton BL6 6SF Residential: [email protected] Commercial: [email protected] Residential 0800 050 1234 Commercial 0161 830 7477 AUCTIONEERS Oliver Adams Jamie Rogers Michael Marks Lynsey Panter Stephanie Bowman Residential Auction Director Auction Manager Sales Manager Office Manager Auction Administrator Stuart Cooper Robert Gann Julie Bickerdike Lesley Doherty Commercial Auction Director Auction Surveyor Office Manager Auction Administrator Welcome to our July auction with over 100 lots on offer there is something attracting activity levels similar to last year. We specialise in selling in- for everyone with an excellent mix of properties offering great buy to let region to regional buyers who understand the local market and see the investments along with many owner occupier opportunities. attraction of properties offered at competitive prices, with the certainty of Firstly we are happy to announce that Claire Blezard has joined the team an auction sale. as our Auction Development Manager bringing with her a wealth of We have also noticed another interesting trend in the last six months. A knowledge and experience of over 25 years in the industry and having rising number of Auction House lots come from the retail sector with the worked for Auction House for the last 5 years in North Wales. category now accounting for one in ten of all those offered under the hammer. Claire will make a great addition to the team and is very excited to be able to help drive forward our business throughout the North West offering the The mix of lots at auction always reflects changes in the market. The decline of the High Street is now showing through in the higher proportion highest level of customer service and achieving the best sale price for our of shops and mixed-use premises being offered and sold, with 245 of clients. them entering our catalogues in the first six months of this year alone. Half-year results up yet again at Auction House These properties are attractive to mixed portfolio investors and particularly Auction House, the UK’s biggest property auctioneer is reporting to local users – many of whom will be considering change of use and the impressive half-year results for 2018, with the number of lots sold up potential of residential development. 3.8% on the same period in 2017. Without doubt, small and medium-ticket retail lots are delivering a better Between January and June the group sold 1,571 lots from 2,096 offered – audience through a nearby regional auction room, which attracts local a success rate of 75% and raising nearly £200m (£197,657,900) in the buyers seeking a project, or purchasing for another purpose – a trend process. During the first six months of last year the group sold 1,516 lots which is aided by the opportunity to add commercial investments into from 2,020 offered (also a 75% success rate) and raised £182.8m. personal pensions. We are always on the lookout for similar properties, which would be ideal Figures reflect very well in what is undeniably a challenging climate and for inclusion in our next auction on 18th September 2018 so please call us with some buyers becoming more selective – most noticeably buy-to-let for a free no obligation appraisal on 0800 050 1234. investors. Despite this, all our metrics have strengthened and our ability to sell three quarters of everything we offer has been maintained year on We look forward to seeing you on the auction day year. It’s another solid performance from the largest player in the sector Good Luck and Happy Bidding The property market is still in a nervous state and there is uncertainty Jamie Rogers going forward. But our stock – which is typically well guided – is Auction House North West NEXT AUCTION DATES 18th September 2018 • 16th October 2018 • 13th December 2018 AUCTION INFORMATION Administration Charge Purchasers will be required to pay an Pre Auction Sales Offers made on property included in this auction administration charge of 0.9% inc VAT of the purchase price subject may be accepted by the Vendor prior to the auction. If you are to a minimum of £900.00 inc VAT or the fixed figure stated in the intending to bid at the auction for a specific lot, we recommend that property details, in addition to the deposit. A VAT receipt will be issued you keep in contact with the Auctioneer's office. after the auction. Some lots may carry additional charges, please The Auctioneers or Vendors cannot be held responsible for costs check the catalogue description and legal pack. incurred in respect of any lot which is withdrawn or sold prior to Attending the Auction It is always wise to allow sufficient time to auction. get to the auction. Legal packs for most of the properties will be available for inspection. It is important you read these and the final Post Auction Sales If a property you are interested in is not sold addendum/amendment sheet which will also be available as any during the auction please speak to the Auctioneer and make an offer purchase will be subject to these. at, above or below the Guide. Your offer will be put forward to the Vendor and if accepted, you will be able to proceed with your purchase Bidding Each property will be offered individually by the Auctioneer. under auction rules. Ensure that your bids are clear and noticed by the Auctioneer. If you are successful in bidding for the property you will be approached by a Proof of Identification In order to comply with Anti-Money member of Auction House staff who will request your personal Laundering regulations we ask that all prospective purchasers provide information and identification. You will then be guided to our Proof of Identity and Residence. Please bring your passport or administration area and then the cashier desk for payment of the photographic UK driving licence and a recent utility bill, bank deposit. statement or council tax bill to the auction. If purchasing on behalf of Bidding by Proxy or Telephone If you are unable to attend the a company you will also need a letter of authority on company auction you are invited to contact us to discuss special arrangements letterhead. We will carry out Electronic AML checks on successful for bidding by proxy or telephone. A Non-Attending Bid or Telephone buyers and remote bidders. It will include a search with Experian who Bid form and conditions are included in auction catalogues or can be may check the details you supply against any particulars on any downloaded from the Bidding Form links on our website. database (public or otherwise) to which they have access. They may also use your details in the future to assist other companies for Buyers Premium Purchasers of some lots will be required to pay a verification purposes. A record of the search will be retained. Buyers Premium to the auctioneer in addition to the deposit - see individual property details. Reserve Price Each property will be offered subject to a reserve price Deposit When you sign the Memorandum of Sale you will be asked which we expect will be set within the guide price range or no more to pay a deposit of 10% of the purchase price subject to a minimum than 10% above a single figure guide. This is a confidential figure set deposit of £5,000. Deposits can only be paid by electronic bank between the Vendor and the Auctioneer just prior to the auction. It is transfer, bankers draft, personal cheque, credit or debit card or a figure below which the Auctioneer cannot sell the property during building society cheque. Cash will not be accepted. Please note, should the auction. After the auction offers will be sought and considered on the cheque have to be represented, a processing charge of £60.00 Unsold Lots at prices below the reserves. (£50.00 + VAT) will be charged by deduction from the deposit. Solicitors Details The name, address and telephone number of the Disbursements Some disbursements may become payable by the solicitor who will be acting for you in any purchase will be required purchaser on completion, these will be detailed in the Special before you leave the auction room. Conditions of Sale within the property’s Legal Pack. Disclaimer Particulars on the website and within our catalogue are The Catalogue Details of the property and land to be sold are set believed to be correct but their accuracy is not guaranteed. out in our catalogue and on our website auctionhouse.co.uk All lots Information relating to Rating matters has been obtained by verbal are sold subject to Special Conditions of Sale. It is important that enquiry only. Prospective purchasers are advised to make their own prospective purchasers satisfy themselves as to the location, enquiries of the appropriate Authority. All measurements, areas and boundaries, condition and state of the lots before the auction.