Barnett Ross Auctioneers Barnett Ross Auctioneers Tuesday, 17 Tuesday, th July 2 0 1 8 Auction Tuesday, 17th July 2018 commencing at 12pm Venue: Auctioneers: The Radisson Blu Portman Hotel John Barnett FRICS 22 Portman Square Jonathan Ross MRICS London W1H 7BG T: 020 8492 9449 Current Auction: Tuesday, 17th July 2018 Forthcoming Auctions: Wednesday, 24th October 2018 Thursday, 13th December 2018 Thursday, 28th February 2019 Barnett Ross Catalogue July 2018 Tuesday, 17th July 2018 B aker St. Rd. Gloucester Place lebone Mary Edgware Road Radisson Blu Portman Hotel Ed g ware Rd . ge St Geor St. orge n Sq Ge Portma e St. St. igmor keley . W Sq er Ber an Orc Upp Portm P hard St. ortman St. our St Seym Marble Arch . Oxford St Bond Street rch Marble A The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG commencing at 12pm Contents Notice to all Bidders 2 Important information 3 Meet the Team 4 Order of Sale 6 Lots 1–45 15–73 EPC Appendix 74 General Conditions of Sale 78–79 Barnett Ross Results 80 Sale Memorandum 81 1 Notice to all Bidders 1. Please note the General Conditions of Sale which are The ‘Guide’ can be published as follows: included with this catalogue and the Special Conditions a. ‘Reserve below’ which means the ‘Reserve’ will be below the of Sale which are available on request. An Addendum will shown amount. be made available on the Auction Day and the bidder should check whether the lot which he/she is interested in bidding for b. A single price figure where the ‘Reserve’ is not to exceed it. is included. c. A single price figure with a + symbol where the ‘Reserve’ is 2. Prospective purchasers are assumed to have inspected the not to exceed that figure by more than 10%. properties in which they are interested and to have made all d. A minimum and maximum price range where the ‘Reserve’ usual pre-contract searches and enquiries. is to be within that range. 3. The successful Bidder is Bound under Contract as soon as The Seller’s expectation as to the sale price may change the Auctioneer’s gavel falls on his/her final bid. Immediately during the marketing period as a result of interest received thereafter the successful Bidder will be handed a Form to fill from prospective Buyers. Therefore, the Seller may increase out supplying details of his/her name and address together or decrease the ‘Reserve’ at any time up to just before with (if different) the name and address of the purchaser bidding commences. If the ‘Reserve’ becomes fixed at a and those of his/her solicitors. He/she must also supply a level that makes the ‘Guide’ misleading, the Auctioneers will cheque for the deposit, which we will hold at our office. The bidder will be given our bank account details and must subsequently issue a revised ‘Guide’ as soon as is practicable. arrange to transfer the deposit monies to our client bank Accordingly, prospective bidders should monitor the ‘Guide’ account the following day by way of a ‘same day CHAPS with the Auctioneers prior to the Auction taking place via our website at barnettross.co.uk payment.’ Once these funds are received we will return the bidder’s cheque by post. 10. In addition to the purchase price the Buyer or Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration 4. The information from the Form will be used to complete a fee as specified on the Particulars of Sale and there may also memorandum of contract similar to the one at the back of be additional non-optional fixed or variable fees and costs. To this catalogue which the purchaser must sign and hand to the Auctioneer’s staff prior to leaving the room. establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation 5. If the Purchaser’s memorandum of contract is not signed, the in the legal pack. Please also refer to the addendum at Auctioneer, or any person authorised by them, will sign the barnettross.co.uk for updates. memorandum of contract on behalf of the Bidder/Purchaser. 11 . If a Bidder cannot attend the Auction and wishes to make 6. The Auctioneers endeavour to have copies of title documents, a telephone or proxy bid, then arrangements should be leases, licences etc. and a local search available for inspection made on a form available from the Auctioneers prior to at their offices and in the auction room. It is recommended that the sale. anyone wishing to inspect such documents should telephone 12. The purchaser is usually responsible for insurance on the first to ensure that the required documents are available. property as and from exchange of contracts. We are usually 7. If any Bidders are intending to come to the Auction aware of the existing cover and can often arrange cover for a specific lot they are advised to checkwith the immediately on the day at attractive rates. Auctioneers on the morning of the sale to ensure that the Energy Performance Certificates (EPCs) particular lot will be offered at the Auction as a lot can be 13. – The Asset sold or withdrawn at any time prior to being offered. Rating for the EPCs that were available for lots at the time the catalogue was printed are displayed in the ‘EPC Appendix’ at 8. Some plans or extracts from plans in this catalogue are based the rear of the catalogue. EPCs for all lots can be viewed by upon the Ordnance Survey Map with the sanction of the accessing the ‘Request Legal Pack & EPC’ facility displayed on Controller of H.M. Stationery Office Crown Copyright reserved. each lot page on our On-line Catalogue. 9. Reserve 14. Any personal information provided to us in respect of an The ‘Reserve’ is the minimum figure for which a property offer or purchase may be passed to our client and/or their can be sold as agreed between the Seller and the Auctioneer. representative. More information on how we hold and process The ‘Reserve’ is not disclosed and remains confidential your data is available on our website at barnettross.co.uk between the Seller and the Auctioneer. 15. In respect of Lot 7 there is a disclosure under the Estate Agents Act 1979 contained in the Special Conditions of Sale. Guide Where a ‘Guide’ is stated, it is an indication of the Seller’s current minimum acceptable price (‘Reserve’) at auction. A ‘Guide’ is published to assist prospective buyers in deciding whether or not to pursue a purchase. A ‘Guide’ does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance. 2 Barnett Ross Catalogue July 2018 Telephone bids If you wish to bid by telephone or instruct us to bid on your behalf, please download a Telephone Bidding Form from our website at barnettross. co.uk and return it to us, with your deposit cheque and ID, two days before the Auction. If you cannot download the Form or need assistance completing it, telephone the A very warm Auction Team on 020 8492 9449. welcome to our July 2018 Auction. We are delighted to offer for sale 45 lots on To be added to instruction from a range of our valued clients. our mailing list please send your This catalogue features a wide variety of email request to investments including retail, commercial and [email protected] residential opportunities. We look forward to seeing you on Tuesday, 17th July at the Radisson Blu Portman Hotel. Follow the auction live online at barnettross.co.uk Proof of Identity Unfortunately it is not possible to bid from the screen. The Purchaser (and the Bidder if different to the Purchaser) is to provide one original document from each column below. Proof of name Proof of address – Passport – Driving Licence (only supply if – Photocard Driving Licence Passport is provided for ‘Proof of name’) – A utility bill issued within the last three months (excluding mobile phone bill) Our next auction Further checks in accordance with current Anti-Money Laundering Regulations may be required if the Purchaser is not an individual such as a is to be held on company, partnership or trustee. th 24 October 2018 Contact Barnett Ross on 020 8492 9449 for further details. 3 Barnett Ross Catalogue July 2018 Since our first auction in 2002 we have sold over £1.6 billion of property which includes the sale of a block of 65 flats at Okehampton Close, Finchley, London N12 9TX for £20,425,000 in May 2018 – the highest value lot ever sold by auction in the U.K. Meet the team. Always happy to let the numbers do the talking. John Barnett FRICS Jonathan Ross MRICS Steven Grossman MRICS Auctioneer and Director Auctioneer and Director Director % [email protected] [email protected] [email protected] 95 100 % +14.8% Annual success Three 100% auctions Increase in annual total rate in 2017 in the last 7 sales raised in 2017 Elliott Greene BA (Hons) Joshua Platt BSc (Hons) [email protected] [email protected] If you would like to enter your lots in our next auction please contact: John Barnett FRICS [email protected] Barnett Ross T: 020 8492 9449 Follow us on Twitter @barnettross 7 Cadbury Close F: 020 8492 7373 Jonathan Ross MRICS [email protected] High Road E: [email protected] Steven Grossman MRICS [email protected] Whetstone W: barnettross.co.uk Elliott Greene [email protected] London N20 9BD Joshua Platt [email protected] 4 BARNETT ROSS SUCCESS RATES AD.indd 1 25/06/2018 15:42 Always happy to let the numbers do the talking.