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PRO
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Y AUCT
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Property AuctionMonday 15th February 2016
START TIME 12 NOON
VENUE
Hotel Russell, Russell Square London WC1B 5BE
Driven by expertise,upheld by trust
START TIME 12 NOON
Our commitment to offering an unparalleled level of client care to our vendors
Our experienced team of auctioneers with a depth and spread of specialist market knowledge that is hard to rival
A strong track record of delivering formidable results
A secure 150 year heritage
Driven by expertise,upheld by trust
FUTUREAUCTION DATES
Auction Dates 2016Thursday 21st AprilMonday 6th JuneThursday 21st JulyThursday 22nd SeptemberWednesday 2nd NovemberWednesday 14th December
AuctionsCentral London
45 Pont Street
Knightsbridge
London SW1X 0BD
T: 020 7808 8530
F: 020 7708 1981
Robin Cripp [email protected]
John Weatherall [email protected]
Marcia Antiedu [email protected]
AuctionsSouth London
75 Camberwell Church Street
Camberwell, London SE5 8TU
T: 020 7703 4401
F: 020 7708 1981
Dx: 35317 Camberwell Green
Jeremy Lamb [email protected]
Dominic Smith [email protected]
Michael Atwood [email protected]
Joel Ferree [email protected]
Jayne Mountain [email protected]
Long Hoang [email protected]
1PROPERTY AUCTIONEERS
February auction saleMonday 15th February 2016
Comprising 72 lots of residential and commercial property for
occupation, investment and development.
February VenueHotel Russell, Russell Square,London WC1B 5BE
START TIME 12 NOON
Contents
Alphabetical index 2
Property type 3
Auctioneers comment 5
Auction information 6
Notice to bidders 14
Lots 1-72 15
Common auction conditions 53
Extra conditions 58
Telephone Bidding Form 59
Sale memorandum 61
www.a-r.c
o.uk
Andrews & Robertson is the trading name of Andrews & Robertson (auctions) Ltd
Registered Office: 75 Camberwell Church Street, Camberwell, London SE5 8TU. Registered No 3164590 England.
By Order ofLondon Borough of Croydon
London Borough of Enfield
London Borough of Southwark
London Borough of Wandsworth
The Hyde Group
Wandle Housing Association
Town & Country Housing Group
Mountview Estates Plc
P& P Surveyors
Executors
Trustees in Bankruptcy
LPA Receivers
Public & Private Limited Companies
Others
Hotel Russell (side entrance)
www.a-r.co.uk2
Index
A
58 Parking Space at Cedars House, 48-50 Acre Lane Brixton SW2 5SP
B
55 41 Beatrice Avenue Streatham SW16 4UW
28 6 Bedford Hill Balham SW12 9RG
66 92 & 92a Bridge Avenue Upminster Essex RM14 2LR
67 94 & 94a Bridge Avenue Upminster Essex RM14 2LR
49 37 Brierley Road Leytonstone E11 4JE
53 71 & 73 Brook Street Brentwood Essex CM14 5NA
C
23 The Former Police Station and Development Land Cavendish Street Ramsgate Kent CT11 9AL
68 8 & 8a Chorlton Green Manchester M21 9HS
25 Site adjacent to 7 Church Street Walton on Thames Surrey KT12 2QP
45 Front Lodge Cockfosters Road Trent Park Barnet Hertfordhshire EN4 0PS
19 Flat 3, 2 Colville Square Notting Hill W11 2BD
D
1 58a Disraeli Road Putney SW15 2DS
61 62 & 64 Dovereld Road Brixton SW2 5NB
54 147 Dulwich Road Herne Hill SE24 0NG
15 446 Durnsford Road Wimbledon SW19 8DZ
E
38 44c Eglinton Hill Plumstead SE18 3NR
72 1-8 Ethorpe Crescent Gerrards Cross Buckinghamshire SL9 8PW
G
60 21 Galesbury Road Wandsworth SW18 2RL
32 38 Prospect House Gaywood Street Elephant & Castle SE1 6HF
17 31 Glebeland Gardens Shepperton Surrey TW17 9DH
8 72 Grove Road Mitcham Surrey CR4 1SB
H
65 35 & 37 Half Acre Road Hanwell W7 3JH
69 649-651 Harrow Road & 1-4 Kilrenny Court, Newlands Close Wembley Middlesex HA0 2HA
24 49-50 Hawley Square Margate Kent CT9 1NY
35 First Floor Flat 114 Hither Green Lane Hither Green SE13 6QA
36 Flat K, 161 Hither Green Lane Hither Green SE13 6QF
K
21 39 Kempson Road Leicester Leicestershire LE2 8AN
51 Flat 304 Ruby Court, 3-5 Knightland Road Clapton E5 9HR
L
18 Flat 5, 127 Ladbroke Grove London W11 1PN
34 First Floor Flat, 19 Manor Park Parade Lee High Road Lewisham SE13 5PB
12 149 Lyle Court, 149-219 Lilleshall Road Morden Surrey SM4 6DT
13 169 Lyle Court, 149-219 Lilleshall Road Morden Surrey SM4 6DT
31 28 Liverpool Grove Walworth SE17 2HJ
4 503 London Road Thornton Heath Surrey CR7 6AR
7 3b Vine Cottages Lower Green West Mitcham Surrey CR4 3FZ
40 57 Lullingstone Crescent St. Pauls Cray Orpington Kent BR5 3EA
M
48 14 Manbey Road Stratford E15 1ET
16 172 Manor Grove Richmond Surrey TW9 4QG
33 Flat 1, 22 Marischal Road Lewisham SE13 5LG
50 90a Markhouse Road Walthamstow E17 8BG
37 220 Marmadon Road Plumstead SE18 1EQ
11 64b Martin Way Morden Surrey SM4 4AG
14 212a Merton High Street South Wimbledon SW19 1AX
10 48 Mitchley Avenue Purley Surrey CR8 1DN
47 218 Montague Road Edmonton N18 2NN
29 Garages & Land rear of 218 Morden Road South Wimbledon SW19 3BY
N
30 15a Northborough Road Norbury SW16 4BD
P
9 6 Preshaw Crescent Mitcham Surrey CR4 3GA
20 32 Preston Road Wembley Middlesex HA9 8JY
63 194 Psalter Lane Shefeld South Yorkshire S11 8UT
Q
62 Ruby Court 60-62 Queens Road Watford Hertfordshire WD17 2LA
64 22 & 22a Quinton Street Earlseld SW18 3QS
R
52 Flat 1, 34 Roneo Corner Hornchurch Essex RM12 4TN
S
41 32 Saltwood Close Chelseld Orpington Kent BR6 9BU
26 47 Sheen Lane East Sheen SW14 8AB
6 21 Sidney Road South Norwood SE25 5NB
39 50 South Gipsy Road Welling Kent DA16 1JB
42 Flat 1, 37 St. Leonards Road Bexhill on Sea East Sussex TN40 1HP
43 Flat 2, 37 St. Leonards Road Bexhill on Sea East Sussex TN40 1HP
22 21 Stanley Park Easton Bristol Avon BS5 6DT
56 Land adjacent to Bailey Cottage, Station Road Bursledon Southampton Hampshire SO31 8AA
3 66 The High Streatham High Road Streatham SW16 1EY
5 72 Sunny Bank South Norwood SE25 4TG
T
70 1a & 1b Tower Road Dartford Kent DA1 2HE
71 1c & 1d Tower Road Dartford Kent DA1 2HE
27 203 Trafalgar Road Greenwich SE10 9EQ
46 Caretakers House Turin Road Edmonton N9 8DQ
U
57 Garage adjacent to 44 Upper Tooting Park Tooting Bec SW17 7SX
W
2 Flat 2, 20 Woodborough Road Putney SW15 6PZ
Auction Dates 2016
Thursday 21st April 2016
Monday 6th June 2016
Thursday 21st July 2016
Thursday 22nd September 2016
Wednesday 2nd November 2016
Wednesday 14th December 2016
3Property type
Richmond 172 Manor Grove
Brentwood 71 & 73 Brook Street
Bristol 21 Stanley Park
Chelseld 32 Saltwood CloseOrpington
Edmonton 218 Montague Road
Edmonton Caretakers House Turin Road
Leicester 39 Kempson Road
Leytonstone 37 Brierley Road
Mitcham 3b Vine Cottages Lower Green West
Mitcham 6 Preshaw Crescent
Mitcham 72 Grove Road
Plumstead 220 Marmadon Road
Purley 48 Mitchley Avenue
Shepperton 31 Glebeland Gardens
South Norwood 21 Sidney Road
South Norwood 72 Sunny Bank
St. Pauls Cray 57 Lullingstone Crescent
Stratford 14 Manbey Road
Thornton Heath 503 London Road
Walworth 28 Liverpool Grove
Welling 50 South Gipsy Road
Wembley 32 Preston Road
Freehold Vacant Garage
Tooting Bec Garage adjacent to 44 Upper Tooting Park
Freehold Vacant Site
Bursledon Land adjacent toSouthampton Bailey Cottage
Station Road
Freehold site with planning permission for the erection of a four oor terraced building and a single storey rear extension to comprise nine self-contained ats - Full vacant possession
Margate 49-50 Hawley Square
Leasehold Vacant FlatsBexhill on Sea Flat 1, 37 St. Leonards Rd
Bexhill on Sea Flat 2, 37 St. Leonards Rd
Elephant & Castle 38 Prospect House Gaywood Street
Hither Green First Floor Flat 114 Hither Green Lane
Lewisham Flat 1, 22 Marischal Rd
Lewisham First Floor Flat, 19 Manor Park Parade Lee High Road
London Flat 5, 127 Ladbroke Grove
Morden 64b Martin Way
Plumstead 44c Eglinton Hill
Putney 58a Disraeli Road
South Wimbledon 212a Merton High Street
Streatham 66 The High Streatham High Road
Walthamstow 90a Markhouse Road
Wimbledon 446 Durnsford Road
Residential Investments
Clapton Flat 304 Ruby Court, 3-5 Knightland Road
Hither Green Flat K, 161 Hither Green Lane
Hornchurch Flat 1, 34 Roneo Corner
Morden 149 Lyle Court, 149-219 Lilleshall Road
Morden 169 Lyle Court, 149-219 Lilleshall Road
Notting Hill Flat 3, 2 Colville Square
Freehold Ground Rents
Brixton 62 & 64 Dovereld Road
Dartford 1a & 1b Tower Road
Dartford 1c & 1d Tower Road
Earlseld 22 & 22a Quinton Street
Gerrards Cross 1-8 Ethorpe CrescentBuckinghamshire
Hanwell 35 & 37 Half Acre Road
Manchester 8 & 8a Chorlton Green
Shefeld 194 Psalter Lane
Upminster 92 & 92a Bridge Avenue
Upminster 94 & 94a Bridge Avenue
Wandsworth 21 Galesbury Road
Watford Ruby Court 60-62 Queens Road
Wembley 649-651 Harrow Road & 1-4 Kilrenny Court, Newlands Close
Long leasehold Parking Space - Full vacant possession
Brixton Parking Space at Cedars House, 48-50 Acre Lane
Freehold Garage Investment and Site with Development Potential
South Wimbledon Garages & Land rear of 218 Morden Road
Freehold site with planning permission for the erection of a three storey building to comprise four self-contained ats and two commercial units - Full vacant possession
Walton on Thames Site adjacent to 7 Church Street
Freehold inll site with planning permission for a one bedroom live/work unit Full vacant possession
Norbury 15a Northborough Road
Long leasehold basement with a planning application submitted for the creation of a two bedroom self-contained at - Full vacant possession
Streatham 41 Beatrice Avenue
Commercial Properties
Balham 6 Bedford Hill
Greenwich 203 Trafalgar Road
Herne Hill 147 Dulwich Road
Leasehold Vacant Flat
Putney Flat 2, 20 Woodborough Road
Freehold Development Site with planning permission for 87 Apartments - Full vacant possession
Ramsgate The Former Police Station and Development Land Cavendish Street
Freehold Vacant Houses
Head Leasehold Commercial Property
East Sheen 47 Sheen Lane
Freehold Vacant House
Trent Park Barnet Front Lodge Cockfosters Road
One of the most experienced auctions teams in the UK
Robin Cripp FRICSChairman& Senior Auctioneer
Long HoangLegal Administrator
Ahoa Tran ACCAFinance Manager
Curtis WrightFinance Ofcer
Marcia AntieduPA
Sasha AntieduAuction Sales Administrator
John WeatherallDirector & Auctioneer
Jayne MountainDirector
Jeremy Lamb MRICSDirector& Auctioneer
Dominic Smith MNAVADirector & Senior Auction Surveyor
Michael Atwood MNAVAAuction Surveyor & Auctioneer
Joel FerreeNegotiator
For further information please contact:
T: 020 7703 4401E: [email protected] in Knightsbridge and Camberwell www.a-r.co.uk
Driven by expertise,upheld by trust
5Welcome to our February residential and commercial auction catalogue, our rst auction of 2016.The UK economy is looking strong at the moment. According to the latest gures from the Ofce for National Statistics, the UK GDP grew by 2.1 percent over the last year. Employment growth has also been strong; from September to November 2015, 74 percent of people aged from 16 to 64 were in work, the highest employment rate since comparable records began in 1971. The unemployment rate for this same period was 5.1 percent, down from 5.8 percent a year earlier. The latest gures also show that mortgage lending was up 23 percent compared with December 2014, and these gures are backed up by the latest monthly survey by the Royal Institution of Chartered Surveyors (RICS), which found the market was unusually buoyant at the end of 2015.
Looking ahead, the positive market conditions should continue well into 2016. We expect to see interest from investors keen to buy before the tax changes in April. For those who have cash, or can raise adequate funding, auction will continue to be an increasingly popular way of buying a home.
Looking ahead to our February auction, 72 lots are set to go under the hammer a great selection of opportunities offering something to suit everyones needs and budget.
Highlights include:
Robin Cripp FRICS Chairman & Senior Auctioneer
We hope you nd a property that meets your investment needs. We pride ourselves on offering a bespoke personal service and every lot has been allocated to the care of an individual Andrews & Robertson auction team member. Legal packs and EPCs may be downloaded from our website. Full details can be found at www.a-r.co.uk.
Our February residential and commercial auction begins at 12 noon on February 15th at The Hotel Russell, Russell Square, London WC1.
We look forward to seeing you in the room.
172 Manor Grove, Richmond, Surrey: Freehold two oor terraced two-bedroom house with potential to extend into the roof space and to the rear (s.t.p.). Full vacant possession. In the same ownership for over 29 years. Guide Price: 535,000 +
Flat 2, 20 Woodborough Road, Putney, SW15: Long leasehold ground oor self-contained at. Comprising two bedrooms, two reception rooms, kitchen, bathroom/wc, large basement. Full vacant possession. Offered on behalf of the London Borough of Wandsworth Guide Price. Guide Price: 525,000 +
Front Lodge, Cockfosters Road, Trent Park, Barnet: Freehold detached two oor former park keepers lodge house, within Trent Country Park. Full vacant possession. Offered on behalf of the London Borough of Eneld. Guide Price: 525,000 +
Flat 5, 127 Ladbroke Grove, Notting Hill, W11: Long leasehold third oor self-contained at comprising Open plan kitchen/reception room, bedroom, shower room/wc. Full vacant possession. Guide Price: 575,000 +
The Former Police Station Cavendish Street, Ramsgate, Kent: Freehold four oor detached former Police Station with adjoining land comprising a site of approximately 0.319 hectares (0.79 acres). Planning permission has been granted (and implemented) for a new build development of 87 apartments (includes conversion of the existing building), some with balconies and sea views. Guide Price: 1,950,000 +
47 Sheen Lane, East Sheen, SW14: Head leasehold ground oor lock up shop unit. Investment producing 16,200 p.a. Offered on behalf of a Pension Fund, rst time on the market for over 15 years. Guide Price: 175,000 +
6 Bedford Hill, Balham, SW12: Freehold ve oor terraced building arranged as a lock up shop and basement with three self-contained ats above (One at and two rooms vacant, two ats and the shop and basement let). Part vacant investment producing 32,650 per annum. In the same ownership for over 30 years. Guide Price: 735,000 +
Comments from the auctioneer
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Auction information
Guide PricesThese are listed on a separate sheet enclosed within the catalogue they are also available to view on line at www.a-r.co.uk they are subject to change up to and including the day of the sale. Purchasers should check on line for any changes, a full list of up to date guides will be available from the auctioneers at the venue on the auction day. Guide Prices are an indication of the sellers current minimum acceptable price at auction, the sale price whether prior to or at the auction can be above or below the guide price depending upon market activity.
Reserve PriceThe reserve price is the sellers minimum acceptable price at auction the gure below which the auctioneer cannot sell. The reserve price is not disclosed and remains condential between the seller and the auctioneer.
ViewingsPlease see particulars at the side of each Lot for viewing arrangements. Viewing is at your own risk. The Vendors and Auctioneers do not take any responsibility for any accidents, losses or damages. Generally there are no arrangements in respect of tenanted or squatted propertywhere any viewing is by courtesy of the occupier.
Legal InformationNotice to BiddersThis Notice can be found both in this catalogue and on the website, www.a-r.co.uk. Bidders are deemed to have read and accepted this.
General and Extra Conditions of SaleSales are subject to the General and Extra Conditions of Sale which can be found towards the end of this catalogue and on the website www.a-r.co.uk or in the auction room.
Legal documentsLegal documents for most lots are available on the websitewww.a-r.co.uk, by telephoning020 7703 4401 or in the auction room.
Special Conditions of SaleThese conditions are special tothe particular lot indicated. Theycan be obtained on the website www.a-r.co.uk or in the auction room.
Energy Performance CerticatesAn Energy Performance Certicate (EPC) were applicable will be included within the legal pack for each Lot. The EPC and legal documentation can be downloaded from our website www.a-r.co.uk and will also be available for inspection on theday of the auction.
BuyingBuyers GuideIf it is the rst time you have purchased at auction or need to check how the process works, it is advisable to read our Buyers Guide which can be obtained by telephoning 020 7703 4401, viewing on the website www.a-r.co.uk, or by emailing [email protected].
Advance OffersGenerally vendors are prepared to consider pre-auction sales. Offers can be made by telephoning us on 020 7703 4401, or by emailing [email protected].
Telephone, Proxy/Internet BiddingIf you are unable to attend the auction, you can by prior arrangement, bid by telephone or proxy. A form is in the back of the catalogue and can also be obtained on our website www.a-r.co.uk, by telephoning us on 020 7703 4401 or by emailing [email protected]. The Auctioneers accept no liability or responsibility and our full terms can be found on the reverse of the form.
DepositThe amount of deposit is 10% of the purchase price subject to a minimum of 1,000 unless otherwise stated in the Special Conditions of Sale. Payment is accepted by personal cheque, bankers draft, solicitors client account cheque or personal debit card. Deposit payments by commercial debit cards, cash or credit card are NOT accepted.
Additional Auction InformationFurther information on how to listen or view the auction live and all the results can be obtained by:
ON-LINE LIVE
Visit www.eigroup.co.uk and select Online Auctions. Choose the auction and then Viewing Gallery. You will see details of the lot being offered and can watch the bidding as it happens. It is not possible to bid using this service.Service provided by The Essential Information Group
Ltd Tel: 01737 226150. Calls cost 77p p/min for 09067
at all times.
Thursday 21st April 2016
Monday 6th June 2016
Thursday 21st July 2016
Thursday 22nd September 2016
Wednesday 2nd November 2016
Wednesday 14th December 2016
Auction Dates 2016
X We are a dynamic independently-owned business built on secure foundations, at the hub of Londons auction market for 150 years and offering nationwide coverage.
X We believe in giving every instruction the time it needs to get the best outcome for our clients before, during the auction and after the gavel falls.
X Our experienced team combine insight into residential and commercial market trends particularly in London and the South East, with a depth of UK-wide knowledge.
X We believe in keeping pace with the room, being consistent and not rushing. After all our time is your money...
For further information please contact:
T: 020 7703 4401E: [email protected] in Knightsbridge and Camberwell www.a-r.co.uk
Driven by expertise,upheld by trust
Thinking of selling your property by auction?
If you are considering selling a property by auction, contact one our auction team for a free of charge auction appraisal.
Jeremy Lamb MRICSDirector& Auctioneer
Dominic Smith MNAVADirector & Senior Auction Surveyor
Michael Atwood MNAVAAuction Surveyor & Auctioneer
John WeatherallDirector & Auctioneer
Ofces in Knightsbridge and Camberwell
Driven by expertise,upheld by trust
Browse, click, search...
PROPERTY AUCTIONEERS
X Access to upcoming auction dates and details at the touch of a button
X Availability alerts ensure youll be the rst to hear about new lots or opportunities
X Information and advice on our range of investment services, available online at all times
www.a-r.co.uk
Investment and Development Department
9www.a-r.co.uk
Our dedicated Investment & Development department offers investors and developers the opportunity to acquire and dispose of all types of property.
X We have access to substantial investors from across the UK and overseas.
X We are currently looking for all types of residential investments, let to regulated tenants, assured tenants or assured shorthold tenants.
X We have strong demand for residential-led development opportunities as well as for hotels and serviced apartments.
X We have demand also for retail and ofce investments throughout the UK.
X Our buyers will consider individual properties or portfolios.
X We would also like to hear from you if you have any sites without any planning permission.
In the rst instance, either as a buyer or seller, please contact: Peter Cripp T: 020 7358 5642 E: [email protected]
Auction Dates
Thursday 21st April 2016
Monday 6th June 2016
Thursday 21st July 2016
Thursday 22nd September 2016
Wednesday 2nd November 2016
Wednesday 14th December 2016
2016
www.a-r.co.uk10
If you cannot attend our auction in person,
you can, by prior arrangement, submit
your bids by telephone, proxy or internet.
Bid online, on the phone or by proxyBid
phon
Simply complete the form at the back of the auction catalogue or download it from our website at http://www.a-r.co.uk/content/downloads/proxy-bidding-form.pdf
In a property auction, getting the finance together is the key.
togethermoney.comFor professional use only.Together is a trading style of Auction Finance Limited. Auction Finance Limited is registered in England and Wales - Company Registration Number 04949929. Registered office address: Lake View, Lakeside, Cheadle, Cheshire SK8 3GW.
Whatever your situation, speak to the Together team to unlock the right funding solution.
Call us on 0161 933 7155.Were right
behind you and so is our nance.Michelle Lowe
ght ouour
we
11
Our Real Estate department has seen unprecedented growth, and we are delighted to be joined by Ross & Craig Solicitors. The team continue to undertake some exciting projects and goes from strength to strength. In particular we continue to deal with a significant number of auction acquisitions and disposals, and look forward to working with new clients in 2016. Our London Team comprises eight partners together with Associates and Consultants. We deal with the full lifecycle of property related transactions including:
Investment purchase and sale Residential and commercial developments Auction sales and purchases - residential and commercial Preparation of auction packs Advice on rights of light and third party rights Landlord and tenant issues Site appraisal and planning / environmental advice Construction and engineering (contentious and non contentious)
For more information, call us on 020 7822 1500 or email us at [email protected]
Gatwick 01293 605000 | London 020 7822 1500 | Guildford 01483 302345
DMH Stallard Property, Planning and Construction
They are pragmatic and efficient and we are very satisfied with them.
www.dmhstallard.com
020 8349 9090Email. [email protected] Web. www.bmsamuels.com FAX. 020 8349 9898
CALL NOW FOR A QUICK URGENT DECISION
WHEN TIME IS OF THE ESSENCEFAST SHORT TERM FINANCE FROM 30,000 - 3,000,000
B.M. Samuels Finance Group PLC
314 Regents Park Road
Finchley, London N3 2JX
B.M. SAMUELSF I N A N C E G R O U P P L C
Simply phone or fax with details of your requirement.
We immediately respond with an in-principle offer subject to the survey/valuation.
We arrange an independent survey with speedyreport-back.
Our solicitors will, at once, contact your solicitors to begin the legal process.
As Non-Status lenders finance can be madeavailable within days.
1
2
3
4
5Principal Lenders since 1965
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Your property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. A rate from 0.99% will be chargeable on the amount borrowed every calendar month. However rates are subject to change and will increase or decrease in line with movements in 3m LIBOR (The London Inter-Bank Offered Rate For Three Month Sterling Deposits). Rates will be adjusted on each calendar month anniversary of the facility. The overall cost for comparison is 12.4% APR. *A 200 admin fee will be payable on completion of the bridging loan.
With 32 years of short term lending experience - we know the market. Interest charged from 0.99% per calendar month. Typically, no arrangement fees*, no extension fees and no end fees, subject to status. Overall cost for comparison of 12.4%. You speak to the people who make the decisions, a quick and personal service.
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Notice to bidders
1. Conditions of Sale1.1 Prospective purchasers are
advised that all sales are subject to:
(a) Common Auction Conditions (Edition 3) reproduced by permission of Royal Institution of Chartered Surveyors in the Catalogue;
(b) Extra General Conditions applicable to all Andrews & Robertson auctions also printed in the Catalogue;
(c) Special Conditions of Sale obtainable from Andrews & Robertson auction ofce or from the Sellers solicitors;
(d) an Addendum or alteration made available for inspection prior to the sale; or by oral announcement at the auction;
(e) this Notice to Bidders
1.2 The Common Auction Conditions (Edition 3) comprise: The glossary; auction conduct conditions;
and sale conditions.
2. Buyers FeeThe successful purchaser will be required to pay to the Auctioneers a purchasers administration fee details of which are available from the auctiontioneers.
3. Amendments to Particulars of Sale
Prospective purchasers should always check the amendment sheet on the day of the sale to see if there are any alterations or amendments to the particulars or special conditions of the property that they are interested in bidding for. The catalogue has been prepared on the basis of information provided. In some cases for what ever reason verication has not been possible (eg. missing keys) prior to printing. Consequently amendments may be made and the successful purchaser is deemed to have purchased in full knowledge of them.
4. Inspection and SearchesIt is deemed that prospective purchasers have inspected the property and have made the usual pre-contract searches and enquiries and are relying on their own knowledge or the advice of their own professional or other adviser. The published information in the catalogue is not warranted and may need to be veried by inspection of the legal package generally only available after the catalogue has gone to press. Purchasers must satisfy themselves as to the correctness of the details of leases, tenancies, licences, rent payable, rent reviews, service charges, outgoings and other matters.
5. Particulars of SaleProspective purchasers are advised to check the Particulars of Sale printed in the catalogue to ensure that they are satised as to their accuracy in regard to measurements, areas and all other matters to which the properties are expressed to be subject to or have the benet of, and in respect of any contents, xtures and ttings expressed to be included in the sale. All measurements and areas referred to in these particulars are approximate only. Services or appliances included in the property have not been tested. Any statement by the Auctioneers staff is without responsibility and is not a representation.
6. Photographs and PlansAny photographs and plans shown in the Particulars of Sale are to enable prospective purchasers to locate the property only. The plans are photographically reproduced and are therefore not to scale and are not intended to depict the interest to be sold but are for identication only. The boundary lines and numbers on the photographs are again only to enable prospective purchasers to locate the property and are not intended to depict the interest to be sold. Prospective purchasers must rely on inspection of the property concerned and the Special Conditions of Sale as to full descriptions and the extent of the relevant property to be
sold. Such plans and photographs are expressly excluded from the contract of sale. All plans have been reproduced with the permission of the Controller of Her Majestys Stationary Ofce Crown Copyright and Experian Copyright all rights reserved Licence number PU 100017316, Ordnance Survey on behalf of the Controller of Her Majestys Stationary Ofce Crown Copyright Licence 100056482. A-Z reproduced by permission of Geographers A-Z Map Co Ltd Licence NO A1205.
7. Guide PricesGuide prices are an indication of the sellers current minimum acceptable price at auction, the sale price whether prior to or at the auction can be above or below the guide price depending upon market activity.Guide prices given by Andrews & Robertson to prospective purchasers cannot be accepted by the purchaser as representing a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities. Prospective purchasers should satisfy themselves as to the possible purchase price.
8. Withdrawn Lots or Sales Prior to the Auction
The Vendors have the right to withdraw or sell their property at any time prior to Auction. The Auctioneers or Vendors are not responsible for any abortive costs, losses or damages incurred by prospective purchasers in respect of lots which are either withdrawn or sold prior to the Auction. Information as to prior sale or withdrawal of a Lot can be obtained from enquiry of the Auctioneers but is valid only up to the time of the enquiry.
9. Liability of bidderEach bidder will be deemed to be personally liable on making an accepted bid even though he/she purports to act as an agent for a principal purchaser or purports to sign the Memorandum of Sale in a representative capacity.
10. Binding ContractThe successful bidder is under a Binding Contract as soon as the Auctioneers Gavel falls on his/her bid. Immediately thereafter, the Purchaser will be handed a Purchasers slip by the Auctioneers Clerk which should be completed in full. This information will be used to draw up two copies of a Memorandum of Sale. The successful bidder must sign and exchange this memorandum with the Auctioneers staff and provide a deposit of 10% of the purchase price or the minimum deposit of 1,000 whichever is the higher. Deposit payments are accepted by personal or company cheques, bankers drafts or personal debit cards. Deposit payments by commercial debit cards, cash or credit cards are not accepted. The Purchaser will be required to prove identication.
11. Default of PurchaserIf the Purchaser should fail or default in any of the above the Auctioneer as agent for the Vendor shall be entitled to treat the failure or default as a repudiation and rescind the contract. Thereafter the Auctioneer shall be entitled to re-submit the property for sale. The Vendor reserves the right to claim any loss he/she suffers as a result.
12. KeysPurchasers should be aware that they will not be entitled to keys or access to the property (except by special arrangement) until completion of the sale.
13. Auctioneers AnnouncementsThe Auctioneers announcements at the commencement of the sale are an important part of the proceedings. Thereafter the Auction will proceed without delay and the Auctioneer will not describe the properties in detail nor read out the special conditions or amendments (see notices 1 and 3).
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