LOCAL EXPERTISE | NATIONAL COVERAGE PROPERTY AUCTION CATALOGUE ARDS AW WI A NN V E A R N • THURSDAY 28 FEBRUARY 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 00875_NA_Cover_FEB 19.indd 3 04/02/2019 12:36 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 STREET ST GEORGE STREET Nearest tube station: N E W B O N D REGENT STREET Oxford Circus BROOK STREET STREET CONDUIT STREET G R E E N S T 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] 00875_NA_Cover_FEB 19.indd 4 04/02/2019 12:36 www.networkauctions.co.uk ORDER OF SALE THURSDAY 28 FEBRUARY 2019 at 2:00 pm THE WESTBURY MAYFAIR, 37 CONDUIT STREET, MAYFAIR, LONDON W1S 2YF LOT ADDRESS LOT ADDRESS 1 17 Lune Walk, Bedford, Bedfordshire, MK41 7BG 19 Flat 9D Oaks Court, 226-228 Cann Hall Road, London, E11 3NF 2 Frognel Hall Hotel, Higher Woodfield Road, Torquay, Devon, TQ1 2LD 20 77 Hither Farm Road, Blackheath, London, SE3 9QU 3 Flat 5 Bishops Gate, William Hunter Way, 21 Fenton & Greenclose, Buckwell, Wellington, Brentwood, Essex, CM14 4EP Somerset, TA21 8TA 4 34-36 Torwood Street, Torquay, Devon, TQ1 1EB 22 25 Illustrious Close, Chatham, Kent, ME5 7RW 5 145 Berwick Avenue, Hayes, Middlesex, UB4 0NJ 23 Flat 19 Ashcombe Court, 40 Victoria Avenue, Shanklin, Isle of Wight, PO37 6LS 6 11 Park Road, Nascot Village, Watford, Hertfordshire, WD17 4QP 24 13 Greenway, Pinner, Middlesex, HA5 3SW 7 51 North Cottages, Napsbury, St. Albans, 25 Beverley, Canteen Road, Whiteley Bank, Ventnor, Hertfordshire, AL2 1AW Isle of Wight, PO38 3AF 8 23 Ena Road, London, SW16 4JD 26 28 Mentieth Close, Bletchley, Milton Keynes, Buckinghamshire, MK2 3EU 9 Fairlea, Chope Road, Northam, Bideford, Devon, EX39 3PP 27 9 Hamblings Close, Shenley, Radlett, Hertfordshire, WD7 9JJ 10 286 Walton Road, West Molesey, Surrey, KT8 2HT 28 1B Quebec Avenue, Southend-on-Sea, Essex, SS1 2DE 11 27 Rosedale Close, Sundon Park, Luton, Bedfordshire, LU3 3AP 29 8 Village Court, Twyford Road, St. Albans, Hertfordshire, AL4 9BT 12 38 Old Oak Lane, North Acton, London, NW10 6EJ 30 32 Hambledon Road, Bournemouth, Dorset, BH7 6PQ 13 5 Silkweaver Heights, William Hunter Way, Brentwood, Essex, CM14 4EH 31 North Lodge, Convent Lane, Burwood Park, Cobham, Surrey, KT11 1EX 14 7 Cambridge Road, Langford, Biggleswade, Bedfordshire, SG18 9SE 32 3 Woodside, Stockport, Cheshire, SK4 2DW 15 Land adjacent to, 112 John Street, Abercwmboi, 33 27C Hamilton Road, Bournemouth, Dorset, BH1 4EQ Aberdare, Mid Glamorgan, CF44 6BN 34 Land at Russley Acres, Partridge Lane, 16 18b Oliver Avenue, London, SE25 6TY Newdigate, Surrey, RH12 4RW 17 Tolverth House, Long Rock, Penzance, Cornwall, TR20 8JQ 35 Land at Coast Road, Blackhall Colliery, Hartlepool, Cleveland, TS27 4HS 18 Flat 9C Oaks Court, 226-228 Cann Hall Road, Leytonstone, London, E11 3NF 36 25 Farley Hill, Luton, Bedfordshire, LU1 5EE 37 West Street Pier, West Street, Gravesend, Kent, DA11 0BL 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.