Tuesday 23rd October 2018 2.00pm The Etihad Stadium 93.20 Central Manchester City Football Club Sport City Manchester M11 3FF AUCTION VENUE Etihad Campus Briscoe Lane Philips Park GAS Key: Bradford Road M60N A1 Entrances Bus Stops G Metrolink Stops GAS H GATE 2 Etihad Campus Car Parking 53, 217, 218 Etihad Stadium Joe M M L Manchester Regional Arena K A National Squash Centre ercer Tennis l a n J Centre U Main Entrance T Way u - The Colin Bell Stand r i CITY STORE n g F East Stand Entrance & TICKET OFFICE W a £ Cash Machine y BT CITY SQUARE A 6 t BARS & CAFE 0 e 1 e r 0 t S GATE 3 t c S u ibbon treet d National G a i Squash V £ w Centre A1 e As A2 hton Canal N B1 Z3 B2 Manchester Z1 C Y2 Regional D Arena Y1 Tuesday 23rd October 2018 X E W F V Philips Park Rd Rowsley G 2.00pm Street U H T J ASDA S A K1 K2 GATE 13 R P2 Commonwealth Way L1 P1 N2 L2 GATE 11 Citizens Way N1 M2 M1 J The Etihad Stadium CAR B DE ALERSHIP C Ashton New Road D Ashton New Road 188,216,217, 188,216,217, 218,231,236, 218,231,236, Gre 93.20 Central 237 237 Councillor St city@home GATE 7 y Mare Ln Manchester City Football Club Albert Street M60S/E Sport City Manchester M11 3FF Visitors directions on the day Everyone attending the auction should enter via gate 7 on Ashton New Road (A662) and park in the adjacent Car Park. The 93.20 Central is accessible via the South Stand Reception (Near M2) and overlooks Ashton New Road. auctionhouse.co.uk/manchester MESSAGE FROM THE AUCTIONEERS Ian Hill BSc (EstMan) Amanda Lamont Victoria Hindle Yvette Taylor Sarah Lynn FRICS MNAVA Registration Administrator Administrator Director Manager/Valuer Auction House Outperforms Property Auctions Sector by 10% Published sales figures, for the Auction House Group, for the period between January and September are not only up by 7.3% on it’s performance last year but at a time when the sector as a whole has dropped by 3.5% show outstanding growth and the trust being shown in the brand. Even more impressive is the success rate of 75.9% meaning that three out of every four Lots we offer sell which is exceptional in the current climate. As a consequence we are attracting more and more private vendors, especially those who’s properties have failed to sell through Estate Agents. Given that, under private treaty, the average length of time between agreeing a sale and exchanging contracts is over three months it’s perhaps no surprise that our auctions are so attractive with every auction sale exchanging on the fall of the hammer. Traditionally our auctions, at the back end of the year, provide great opportunities for those looking for the winter project to tide them over the months when external work is more difficult. Today is no exception with a variety of properties on offer, some only requiring light refurbishment and others offering more of a challenge for the professional developer. Perhaps none more so than the Former Christ Church in Todmorden but what amazing potential it offers! For those looking for immediate income we have a number of properties, on offer, being perfect for those looking for a better return on their savings or pensions. The finance deals now available are as good as they’ve ever been and, today, we have with us our colleagues from Together Finance. Be sure to speak to them and you may be surprised how accessible finance now is. We are seeing more lots purchased with auction finance as buyers make better use of capital and acquire two or three properties with funding, rather than just one outright. Our auction is a proven and successful alternative, to traditional estate agents, that can deliver the best price in a short, defined timescale bypassing the painful log jams and delays so often associated with the normal sales route. So if you have a property to sell speak to me or Amanda and take advantage of our NO SALE NO FEE offer including FREE ENTRY for our December auction and get your PROPERTY SOLD BEFORE 2019. Ian Hill Director INTRODUCING AGENTS NEXT AUCTION DATES 11th December 2018 • 5th February 2019 • 25th March 2019 • 20th May 2019 AUCTION INFORMATION Administration Charge Purchasers will be required to pay by cheque, an Pre Auction Sales Offers made on property included in this auction may be administration charge of 0.6% inc VAT of the purchase price subject to a accepted by the Vendor prior to the auction. In such instances all buyer minimum of £900.00 (£750.00 + VAT) or the fixed figure as stated in the charges will be payable including the Administration Charge, any Buyers property details, in addition to the deposit. A VAT receipt will be issued after Premium plus all other payments detailed in the Special Conditions of Sale. the auction. Some lots may carry additional charges, please check the If you are intending to bid at the auction for a specific lot, we recommend catalogue description and legal pack. that you keep in contact with the Auctioneer's office. Attending the Auction It is always wise to allow sufficient time to The Auctioneers or Vendors cannot be held responsible for costs incurred in get to the auction. Legal packs for most of the properties will be respect of any lot which is withdrawn or sold prior to auction. 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 during the addendum/amendment sheet which will also be available as any auction please speak to the Auctioneer and make an offer at, above or below purchase will be subject to these. the Guide. Your offer will be put forward to the Vendor and if accepted, you Bidding Each property will be offered individually by the Auctioneer. Ensure will be able to proceed with your purchase under auction rules. Offers should that your bids are clear and noticed by the Auctioneer. If you are successful take into account the Administration Charge, any Buyers Premium plus all in bidding for the property you will be approached by a member of Auction other payments detailed in the Special Conditions of Sale as all of these are House staff who will request your personal information and identification. still payable irrespective of the circumstances. You will then be guided to our administration area and then the cashier desk Proof of Identification In order to comply with Anti-Money Laundering for payment of the deposit. regulations we ask that all prospective purchasers provide Proof of Identity Bidding by Proxy or Telephone If you are unable to attend the auction you and Residence. Please bring your passport or photographic UK driving licence are invited to contact us to discuss special arrangements for bidding by proxy and a recent utility bill, bank statement or council tax bill to the auction. If or telephone. A Non-Attending Bid or Telephone Bid form and conditions purchasing on behalf of a company you will also need a letter of authority are included in auction catalogues or can be downloaded from the Bidding on company letterhead. We will carry out Electronic AML checks on successful Form links on our website. buyers and remote bidders. It will include a search with Experian who may check the details you supply against any particulars on any database (public Buyers Premium Purchasers of some lots will be required to pay a Buyers or otherwise) to which they have access. They may also use your details in Premium to the auctioneer in addition to the deposit - see individual the future to assist other companies for verification purposes. A record of property details. the search will be retained. Deposit When you sign the Memorandum of Sale you will be asked to pay Reserve Price Each property will be offered subject to a reserve price which a deposit of 10% of the purchase price subject to a minimum deposit of we expect will be set within the guide price range or no more than 10% above £5,000. Deposits can only be paid by electronic bank transfer, bankers draft, a single figure guide. This is a confidential figure set between the Vendor and personal cheque, debit card or building society cheque. Cash or credit card the Auctioneer just prior to the auction. It is a figure below which the payments will not be accepted. Please note, should the cheque have to be Auctioneer cannot sell the property during the auction. After the auction represented, a processing charge of £60.00 (£50.00 + VAT) will be charged offers will be sought and considered on Unsold Lots at prices below the by deduction from the deposit. reserves. Disbursements Some disbursements may become payable by the purchaser Solicitors Details The name, address and telephone number of the solicitor on completion, these will be detailed in the Special Conditions of Sale within who will be acting for you in any purchase will be required before you leave the property’s Legal Pack. the auction room. Disclaimer Particulars on the website and within our catalogue are believed The Catalogue Details of the property and land to be sold are set out in our to be correct but their accuracy is not guaranteed. Information relating to catalogue and on our website auctionhouse.co.uk All lots are sold subject to Rating matters has been obtained by verbal enquiry only.