www.btwcairns.com Property Auction Commencing at 11:00 am on Friday 3rd February 2012 Europa Hotel, Great Victoria Street, Belfast, BT2 7AP Brief Guide to Buying at Auction 1. Identify a lot or lots you are interested in. 6. The property will be sold at auction if the maximum reserve is reached or exceeded (assuming the property has not 2. View the property. been withdrawn or sold prior to auction). 3. Ask your solicitor to request a legal pack from the 7. If you are the successful bidder you will be required to pay vendor’s solicitor. a 10% deposit and sign the contract of sale. The contract is unconditional and you must be in a position to pay the 4. Attend the auction and register to bid balance money on the specified completion date. (you will require photographic identification). 8. If you are unclear then please contact a member of 5. Ensure you are aware of any changes to the lots the auction team prior to the day of the auction. and obtain an addendum. 9. Please ensure you have read the auction notices at the back of this brochure. General Conditions of Sale 1. BTWCairns gives notice to anyone who may read these particulars 2. A binding contract is entered into on the fall of the Auctioneer’s as follows:- gavel to the successful bidder. (a) These particulars are prepared for the guidance only of prospective 3. The successful bidder will be required to sign the Contract and pay to purchasers. They are intended to give a fair overall description of the the vendor’s solicitor a 10% deposit before leaving the auction hall. property but are not intended to constitute part of an offer or contract. 4. The Auctioneer has authority to sign on behalf of both the successful (b) All descriptions, areas, dimensions, reference to condition and bidder and the vendor if necessary. necessary permission for use and occupation and other details are given in good faith and are believed to be correct, but their accuracy 5. Completion will take place on a maximum of 21 days from the date is not guaranteed and any intending bidder should not rely on them of the auction but could be sooner. Contact the vendor’s solicitor for as statements or representations of fact, but must satisfy themselves confirmation of the completion date for each individual lot. by inspection or otherwise as to the correctness of each of them. And if in doubt or you are not fully satisfied with the information you have, 6. Bids may not be made subject to finance and each bidder must be then our advice is not to bid. in a position to pay the deposit at the auction and to pay the balance of purchase monies on the date of completion. (c) Nothing in these particulars shall be deemed to be a statement that the property is in good condition or otherwise nor that any service or 7. The vendor hereby reserves the right but is not obliged to accept any facilities are in good working order. offer which might be made prior to the auction. The vendor reserves the right to withdraw properties from the auction or sell lots prior to (d) The photographs appearing in these particulars show only certain the auction. The auction team is under no obligation to inform parts of the property at the time when the photographs were taken. interested parties of sales/withdrawals prior to the auction date. Certain aspects may have changed since the photographs were taken and it should not be assumed that the property remains precisely 8. The vendor hereby reserves the right to divide any property into lots as displayed in the photographs. Furthermore, no assumptions and sub-divide, rearrange or consolidate any lots. should be made in respect of part of the property which are not shown in the photographs. (e) Any areas, measurements or distances referred to herein are approximate only. (f) Where there is reference in the particulars to the fact that alterations have been carried out or that a particular use is made of any part of the property this is not intended to be a statement that any necessary planning, building regulations or other consents have been obtained and these matters must be verified by an intending purchaser. (g) Descriptions of the property are inevitably subjective and the descriptions contained herein are given in good faith as an opinion and not by way of statement of fact. (h) Plans are based upon the Ordnance Survey Map with the sanction of the Controller of Stationery Office Crown Copyright Reserved Licence No. CS 48. (i) Documents of Title are available for inspection; arrangements may be made by contacting the respective vendor’s solicitors. The purchaser shall be deemed to purchase with full knowledge of the conditions of title. Details of Title given in this catalogue are by way of brief description only and are not in substitution of the legal pack. Auction Information The Sale 24 Lots comprising primarily of residential properties and development/refurbishment opportunities (unless previously sold or withdrawn). Time/Date Commencing at 11.00 am on Friday 3rd February 2012. Venue The Exhibition Centre, Ground Floor, Europa Hotel, Great Victoria Street, Belfast, BT2 7AP. The Europa Hotel 1 From The Rostrum Guest auctioneer – Kevin Milhench Firstly, I am delighted to have been asked to conduct this property auction by BTWCairns. For those of you who dont know me I was a founding partner of the business which is now known as BTWShiells. Whilst I was mainly engaged in all aspects of commercial property, I have always been a strong advocate of selling by public auction and for many years held regular multi lot mainly commercial auctions. Indeed, some of you - dare I say of the “older generation” - may have attended one or more of my auctions. In my view, for both buyer and seller, an auction is an excellent way of getting a satisfactory con- clusion. It’s totally transparent - you can see who’s bidding against you, everyone is bidding on the same basis and the sale/purchase is completed within a set timescale. Don’t worry if you have no previous auction experience, it’s a simple process that will be fully explained before you bid. Kevin Milhench Do your research into any lot in which you are interested before the auction including getting your solicitor to check the title so that you’re ready to bid by the auction date – remember you will be bidding unconditionally. I would also encourage you to arrive in good time as you will be required to register and provide identifi cation to enable you to bid. As always, the auction team is here to help and if you have any queries during marketing then please contact a member of the team. I look forward to welcoming you to The Europa Hotel on Friday 3rd February. Regards Kevin Milhench Auction Team Trevor Dougan Tony Adams Michael Graham Anton Dummigan T: 028 9068 5306 T: 028 9068 5302 T: 028 9068 5304 T: 028 9066 8888 M: 07887 708796 M: 07917 872247 M: 07841 493228 M: 07778 119029 E: [email protected] E: [email protected] E: [email protected] E: [email protected] 2 Auction List Lots Location Address Lot 1 Belfast Apartments 8,9,12,14 Strand Central, Belfast, BT4 1JL Lot 2 Belfast 54 Melrose Street, Belfast, BT9 7DN Lot 3 Aghagallon 1 Aghalee Road, Aghagallon, BT67 0AR Lot 4 Aghagallon 2 Aghalee Road, Aghagallon, BT67 0AR Lot 5 Coalisland 44 Gortmyre, Moor Road, Coalisland, BT71 4RS Lot 6 Belfast 21 & 22 College Gardens, Belfast, BT9 6BS Lot 7 Belfast 3 Castlehill Manor, Belfast, BT4 3QH Lot 8 Carrickfergus Land to the rear of 90-92 North Road, Carrickfergus, BT38 8LZ Lot 9 Carrickfergus Prospect House, Prospect Loanen, Carrickfergus, BT38 8QB Lot 10 Greenisland 20 Flats at 1 and 2 Knocksallagh Green, Greenisland BT38 8SR Lot 11 Portstewart 3 Enfi eld Street, Portstewart, BT55 7AL Lot 12 Portstewart 5 Enfi eld Street, Portstewart, BT55 7AL Lot 13 Portstewart 1 Upper Heathmount, Portstewart, BT55 7AR Lot 14 Portstewart 3–5 Church Street, Portstewart, BT55 7AH Lot 15 Portstewart 4 Harbour Road and 3b, 3c, 3d The Promenade, Portstewart BT55 7AX Lot 16 Belfast 35 Everton Drive, Belfast, BT6 0LJ Lot 17 Newtownards 126 Bangor Road, Newtownards, BT23 7BX Lot 18 Moira Site to the rear of 39A Halfpenny Gate Road, Broomhedge, Moira, BT67 0HW Lot 19 Crumlin Site 250m South of 10 Grange Road, Crumlin Lot 20 Belfast 52 & 54 Old Westland Road, Belfast, BT14 6TE Lot 21 Belfast 7 Claremont Street, Belfast, BT9 6AP Lot 22 Belfast 450-454 Woodstock Road, Belfast, BT6 9DR Lot 23 Belfast 11 Glantane Drive, Belfast, BT15 3FE Lot 24 Belfast 420 Antrim Road, Belfast, BT15 5GA Maximum Lot 1 Belfast Reserve Apartments 8,9,12,14 Strand Central, £140,000 Belfast, BT4 1JL • Excellent residential investment opportunity comprising of four apartments • Popular location off the Holywood Road in East Belfast • Current gross rental income of £20,700 per annum • Located in an area of strong rental demand Location Tenure Strand Central is a recently constructed The apartments will be long leasehold for a apartment development located off the Holywood term of 7,500 years each let on separate leases Road in East Befast. The area is popular due to (development precedent available for review) at a its accessibility to the city centre. A selection ground rent of £100.00 per annum, with freehold of shops and restaurants are located within reversion to be acquired by the management walking distance on the Belmont Road.