auction - Paul Fosh Auctions

Transcription

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auction
catalogue
Thursday 14th February 2013 at 5.00pm
www.paulfoshauctions.com
Tel: 01633 254044 Fax: 01633 254045
[email protected] www.paulfoshauctions.com
Property Auction
Important notes to be read by all bidders
1.
Attention is drawn to the General Conditions of Sale printed within
this catalogue. Special Conditions of Sale and supporting
documentation are available prior to the Auction from the
Auctioneer’s Offices and will be available in the Auction Room for
inspection. Original documentation may be inspected for plan
colouring etc.
2.
Any measurements or sizes referred to in the particulars are
approximate and may be liable to slight variation. They are for
guidance only and do not form part of any contract.
3.
Any plans and photographs published are for the convenience of
prospective purchasers and do not form part of any contract.
4.
Leasehold information included in the catalogue or addendum
refers to current terms and may be subject to review or increment.
Purchasers are advised to refer to legal documents for details.
5.
All prospective purchasers shall be deemed to have inspected the
property and made the usual pre-Contract Searches and Enquiries.
6.
If it is necessary to publish an Addendum to the catalogue or make
any Addendum announcements, the Addendum will be available
in the Auction Room and the Auctioneers will make any
announcements prior to the commencement of the Auction.
Purchasers shall be deemed to purchase with full knowledge of
this information.
7.
The successful bidder is under a binding contract as soon as the
Auctioneer’s gavel falls on his or her bid. Immediately thereafter
the purchaser is required to provide the Auctioneer’s Clerk with a
note of his/her name and address and that of his/her solicitors and
to sign a Memorandum of Sale and pay the required deposit as
well as the buyers premium before leaving the Auction Room.
Failure to follow this procedure may result in the property being
re-offered.
8.
Reference made to any fixtures or fittings does not imply that these
are in working order and have not been tested by the Auctioneers
or Agents instructed. Purchasers should establish the suitability
and working condition of these appliances themselves.
9.
No representation or warranty is made in respect of the structure
of any property nor in relation to the state of repair thereof. The
Auctioneers advise that prospective purchasers should arrange for
a survey of the property to be under-taken by a professionally
qualified person.
10.
The Auctioneers reserve the right to amend the Order of Sale.
Prospective purchasers intending to attend the Auction to bid are
advised to contact the Auctioneers prior to the Auction to check
whether the particular property has been withdrawn or sold prior.
Neither the Auctioneers nor the Vendors can be held
responsible for any losses, damage or abortive costs, incurred in
respect of lots which are withdrawn or sold prior.
Tel: 01633 254044 Fax: 01633 254045
buyers please note
PROOF OF IDENTITY
Due to changes in the Anti - Money Laundering
regulations anyone wishing to bid on any property
will be required to register, at no cost, prior to the
sale in the room and produce two forms of the
following identification:
Photographic – passport or driving licence
Address – current utility bill, bank statement etc
If you are successful in purchasing a property you
will be asked by the cashier to produce your
identification and these will then be photocopied.
DEPOSITS
We accept sterling up to the equivalent of
10,000 Euros, Cheques and Bankers Drafts but
CANNOT ACCEPT CREDIT / DEBIT CARDS.
Tel: 01633 254044 Fax: 01633 254045
Thinking of Selling
at Auction?
Unsure of What to do Next?
Speak to one of our professional
advisors who are always at
hand to offer specialist advice
about selling your property at auction.
you can call us on
01633 254044
or visit us at
Tel: 01633 254044 Fax: 01633 254045
M4
M4
M4
30
A48(M)
Pentwyn
A48 29a
St Mellons
A48 Llanrumney
A470
A469
Park
Inn
Hotel
Llanedeyrn
A48
A48
Gabalfa
Flyover
Newport Rd
Cardiff
auction
location
The Park Inn Hotel
Tel: 029 2058 9988
Fax: 029 2054 9092
Thursday 14th February 2013 at 5.00pm
The Park Inn Hotel
Circle Way East
Llanedeyrn
Cardiff
CF23 9XF
Tel: 01633 254044 Fax: 01633 254045
Lot Number
LOT 1
LOT 2
LOT 3
LOT 4
LOT 5
LOT 6
LOT 7
LOT 8
LOT 9
LOT 10
LOT 11
LOT 12
LOT 13
LOT 14
LOT 15
LOT 16
LOT 17
LOT 18
LOT 19
LOT 20
LOT 21
LOT 22
LOT 23
LOT 24
LOT 25
LOT 26
LOT 27
LOT 28
LOT 29
LOT 30
LOT 31
LOT 32
LOT 33
LOT 34
LOT 35
LOT 36
LOT 37
LOT 38
LOT 39
LOT 40
Property Address
23 Edward Terrace, Abertridwr, Caerphilly
20 Strand Street, Newtown, Mountain Ash
11 Graig Street, Mountain Ash, Aberdare
1d Dunraven Place, Bridgend
70 & 72 Arail Street, Six Bells, Abertillery
Land to the north of Thomas Street, Maesycwmmer, Hengoed
85 Meadow Rise, Brynna, Pontyclun, Llantrisant
1182 Neath Road, Plasmarl, Swansea
Land rear of White Hart, Tai Mawr Way, Merthyr Tydfil
Mount Pleasant Inn, Alma Street, Abertillery
Land at the Grove Field, Aberfan Road, Aberfan, Merthyr Tydfil
Carmel Chapel, Partridge Row, Beaufort, Ebbw Vale
15 Gold Tops, Newport
Land At Bedwellty, Blackwood
50 Aberrhondda Road, Porth
28 Commercial Street, Maesteg, Bridgend
Land to the south east side of Park Place, Troedyrhiw, Merthyr Tydfil
196 Broadway, Roath, Cardiff
21 Romilly Road, Barry
Land at Aberfan Fawr, Aberfan, Merthyr Tydfil
102 High Street, Ogmore Vale, Bridgend
68 Somerset Street, Abertillery
128a Commercial Street, Maesteg, Bridgend
27 Holton Road, Barry
Garage Plot at Urban Street, Merthyr Tydfil
81a Bethcar Street, Ebbw Vale
99 East Road, Tylorstown, Ferndale
Flat 6 Manchester House, The Square, Aberbeeg, Abertillery
Land adjacent to 124 Ystrad Road, Pentre
Llanhilleth Rugby Club, Commercial Road, Llanhilleth, Abertillery
10 Nightingale Terrace, Pontnewynydd, Pontypool
Site of former Taffs Well Library, Cardiff Road, Taffs Well, Cardiff
22 The Parade, Roath, Cardiff
19 Mill Terrace, Ammanford
20 Acres (approx) of Land with 3 Lakes Waun-y-Pound Road, Ebbw Vale
Garage near 28 Pontmorlais, Merthyr Tydfil
Land on the south side of Stable Lane, Tredegar
St Johns Chapel, Giant Grave Road, Neath
6 Warwick Road, Newport
Land lying to the south west of Brompton Place, Tredegar
Tel: 01633 254044 Fax: 01633 254045
Lot Number
LOT 41
LOT 42
LOT 43
LOT 44
LOT 45
LOT 46
LOT 47
LOT 48
LOT 49
LOT 50
LOT 51
LOT 52
LOT 53
LOT 54
LOT 55
LOT 56
LOT 57
LOT 58
LOT 59
LOT 60
LOT 61
LOT 62
LOT 63
LOT 64
LOT 65
LOT 66
LOT 67
LOT 68
LOT 69
LOT 70
LOT 71
LOT 72
LOT 73
LOT 74
LOT 75
LOT 76
LOT 77
LOT 78
LOT 79
Property Address
24 Pleasant View, Bedlinog, Treharris
118 Trenant, Hirwaun, Aberdare
Land to the rear of 40-48 High Street, Bedlinog, Treharris
62 Griffith John Street, Swansea
24 High Street, Graig, Pontypridd
Land at former Bedlinog Colliery, Bedlinog, Treharris
63 Broad Street, Blaenavon, Pontypool
Penycae CP School, Brecon Road, Penycae, Swansea
Land adjacent to Penycae CP School, Brecon Road, Penycae, Swansea
32 Beaufort Rise, Beaufort, Ebbw Vale
Land to the south east of Thomas Street, Abertridwr, Caerphilly
The Monkey, Gladstone Street, Crosskeys, Newport
Land to the rear of Aneurin Crescent, Twynyrodyn, Merthyr Tydfil
30 Llewellyn Street, Pontygwaith, Ferndale
Land at Units 33-36 Pant Industrial Estate, Dowlais, Merthyr Tydfil
92 King Street, Cwm, Ebbw Vale
Lot D, Station Road, Patchway, Bristol
Lot E, Station Road, Patchway, Bristol
Land at Hedgehog Castle, off Dynevor Road, Garnant, Ammanford
Land at Danygraig Terrace, Wattstown, Porth
50 Mountain Road, Upper Brynamman, Ammanford
Sites of former 65 & 70 Fforchaman Road, Cwmaman, Aberdare
Land to the south of Blackmill Road, Pantyrawel, Bridgend
Stretch of the river, Sirhowy, Rock, Blackwood
62 Rhedyw Road, Llanllyfni, Caernarfon
42 Woodland Road, Beddau, Pontypridd
The former Agricote Site, Lower Hergest, Kington, Herefordshire
88 Taff Street, Blaenllechau, Ferndale
Land at Heol Llechau, Wattstown, Porth
Unit 37, Nine Mile Point Industrial Estate, Cwmfelinfach, Ynysddu, Newport
Land at former Grais Cottage, Pontygwaith, Treharris
30 Coity Road, Bridgend
85-87 Grand Avenue, Cardiff
65 Manod Road, Blaenau Ffestiniog
Bron Afon Housing, Ton Road, Fairwater, Cwmbran
The Courtybella Sports & Social Club, 50 Cardiff Road, Newport
42 Duffryn Terrace, Elliots Town, New Tredegar
63 Clarence Street, Mountain Ash, Aberdare
Silver How, Llanhennock, Newport
Tel: 01633 254044 Fax: 01633 254045
legal
Lot 1
Lot 2
23 Edward Terrace,
Abertridwr, Caerphilly
CF83 4FJ
20 Strand Street,
Newtown, Mountain Ash
CF45 4HG
packs
Beware
The legal
packs can be
updated at
any time and
you should
therefore
check with the
auctioneers
on the day
of the auction
for any
changes
or additions.
HOUSE FOR OWNER
OCCUPATION/INVESTMENT
HOUSE FOR OWNER
A two bedroom mid terrace house located
in the village of Abertridwr which lies
approximately 2.5 miles from the main
town of Caerphilly. The area benefits from
a wide range of shopping facilities and
amenities including public transport to
Cardiff city centre. The property benefits
from UPVC double glazing but requires
refurbishment.
A three bedroom terraced house situated in
a popular location close to the train station
and A470, giving direct links to Cardiff.
Mountain Ash benefits from a good range
of local amenities and the property benefits
from first floor shower room and rear
garden.
ACCOMMODATION
Ground Floor: Entrance hallway, lounge,
dining room, kitchen
First Floor: Landing, 2 bedrooms, bathroom
Outside: Elevated rear garden with
pedestrian lane access
Tenancies: To be sold with vacant
possession
Tenure: Advised Freehold – to be verified
by a solicitor
Viewing: Paul Fosh Auctions,
87 Church Road, Newport, NP19 7EH
01633 254044
Guide Price: £25,000+
Contact: Kristy Perry
ACCOMMODATION
The property has not been inspected
internally by the auctioneers prior to going
print but we are advised it comprises:
Ground Floor: Entrance hall, lounge/dining
room, kitchen
First Floor: 3 bedrooms, shower room
Outside: Rear garden
possession
by a solicitor
01633 254044
Contact: Julia Whitton
Tel: 01633 254044 Fax: 01633 254045
Lot 3
Lot 4
Lot 5
11 Graig Street,
Mountain Ash,
Aberdare CF44 7PG
1d Dunraven Place,
Bridgend CF31 1JF
70 & 72 Arail Street,
Six Bells, Abertillery
NP13 2NQ
HOUSE FOR OWNER
COMMERCIAL INVESTMENT
DEVELOPMENT OPPORTUNITY
An opportunity to acquire a terraced house
ideally situated for access to Mountain Ash
town centre, with its wide range of
amenities and transport links, including train
station. The property has previously been
let, has historically enjoyed good
occupancy levels, and benefits from electric
storage heating (not tested) and mostly
UPVC double glazing.
A substantial freehold building situated in a
pedestrianised area within Bridgend town
centre. The property offers generous
accommodation over three floors and is
currently occupied by a well established
insurance broker. Dunraven Place is situated
close to the historic old bridge and local car
parks and is in a designated conservation
area that has benefited from a good level of
regeneration.
A two storey premises which was originally
two houses and has been converted to
provide office accommodation. The
property is located in Six Bells which is
within easy access to Abertillery town
centre and benefits from UPVC double
glazing and gas central heating (not tested).
ACCOMMODATION
ACCOMMODATION
Ground Floor: Entrance, lounge, kitchen
First Floor: Bedroom, wc/shower room
Outside: Communal rear yard
possession
Tenure: Advised Leasehold – to be verified
by a solicitor
01633 254044
Ground Floor: Retail sales area and WC
First Floor: Office, kitchenette and fire
escape
Second Floor: Office
Outside: Rear yard
Tenancies:The property is let on a lease until
the 30th November 2015 at £15,000 per
annum
Tenure: Advised Freehold – to be verified by
a solicitor
01633 254044
Contact: Sean Roper
Contact: Sean Roper
ACCOMMODATION
70:
Ground Floor: Entrance hallway, office,
kitchen, disabled wc
First Floor: Office
72:
Ground Floor: Entrance hallway, room,
disabled wc,
First Floor: Landing, inner hall, office, wc,
store cupboard
Outside: Rear yard with steps up to
uncultivated garden
possession
by a solicitor
01633 254044
Guide Price: £32,000
Contact: Paul Fosh
Tel: 01633 254044 Fax: 01633 254045
Lot 6
Land To The North Of Thomas Street, Maesycwmmer, Hengoed CF82 7PN
LAND WITH POTENTIAL
An irregular shaped parcel of land which is
partially level and then slopes down to the rear.
The land is bisected by the old viaduct and
adjoins All Saints Church graveyard.
PLANNING
We are not aware of any planning applications
in respect of this land.
Tenancies: To be sold with vacant possession
Tenure: Advised Freehold – to be verified by a
solicitor
01633 254044
Guide Price: Nominal Reserve
Contact: Paul Fosh
buyers please note
In addition to the purchase price, buyers
will be required to pay a buyer’s premium
of 1% or Minimum £350.00 inc VAT per lot.
Tel: 01633 254044 Fax: 01633 254045
Lot 7
85 Meadow Rise, Brynna, Pontyclun, Llantrisant CF72 9TE
HOUSE FOR OWNER
An opportunity to acquire a two bedroom semi
detached house requiring upgrading. The
property is situated in a popular residential
location and would be ideal for either owner
occupation or a buy to let. The village of Brynna
benefits from a good range of local amenities and
offers excellent road links to the M4 motorway,
Bridgend and Cardiff.
ACCOMMODATION
Ground Floor: Entrance, lounge/dining
room/kitchen
Outside: Front garden, driveway and rear garden
solicitor
01633 254044
Contact: Sean Roper
Lot 8
1182 Neath Road, Plasmarl, Swansea SA6 8JT
HOUSE FOR OWNER
A traditional mid terrace house requiring
upgrading and is situated in a convenient position
offering good road access to both Morriston and
Swansea city centre. The property benefits from
UPVC double glazing and gas central heating (not
tested) and would be ideal for either a first time
buyer or landlord looking for a buy to let.
ACCOMMODATION
Ground Floor: Entrance, lounge/dining room,
kitchen
solicitor
01633 254044
Lot 9
Land Rear Of White Hart, Tai Mawr Way, Merthyr Tydfil CF48 1LN
AMENITY LAND
A parcel of roughly square land situated in a
mainly residential area. The land is largely
overgrown and backs onto the gardens of a
number of adjacent properties.
PLANNING
solicitor
01633 254044
We are not aware of any planning applications in
respect of this land but believe that it is likely that it
can be incorporated to form garden/recreational
purposes (subject to any necessary planning
consent).
Contact: Paul Fosh
Tel: 01633 254044 Fax: 01633 254045
Thinking
of Selling
Lot 10
Lot 11
Mount Pleasant Inn,
Alma Street, Abertillery
NP13 1QD
Land At The Grove Field,
Aberfan Road, Aberfan,
Merthyr Tydfil CF48 4QQ
at
Auction?
Unsure What
to do Next?
Speak to
one of our
professional
advisors who
are always at
hand to offer
specialist
advice about
selling your
property at
auction.
FORMER PUBLIC HOUSE
PASTURE LAND
A substantial freehold building which has
formerly traded as a public house. The
building would be ideal for a number of uses
including conversion to residential or
commercial opportunities such as restaurant
(subject to necessary planning consents).
The property is situated in a well populated
residential location with good road links to the
town centre and the A467 bypass.
A parcel of roughly rectangular land which
has an area of approximately 0.82 hectare
(2.03 acres) and is level with fenced
boundaries. The land is conveniently situated
to the north of Aberfan fronting the B4285
road between Aberfan and Troedyrhiw.
ACCOMMODATION
Ground Floor: Lounge, bar, games room,
store, ladies and gents wc’s, kitchen, lounge
First Floor: 5 rooms, kitchen, bathroom
Lower GF: Cellar with 3 rooms
Outside: Car park to the rear
a solicitor
01633 254044
a solicitor
01633 254044
Guide Price: TBA
Contact: Paul Fosh
Tel: 01633 254044 Fax: 01633 254045
Lot 12
Carmel Chapel, Partridge Row, Beaufort,
Ebbw Vale NP23 5PD
Properties
invited
for our
next
auction
on
Wed 27th
March
2013
(Closing date
27th February
2013)
Please Call
to reserve your
SUBSTANTIAL GRADE II LISTED CHAPEL
ACCOMMODATION
A substantial grade II listed chapel situated in
the popular village of Beaufort near Ebbw Vale
and is of stone construction under a pitched
tiled roof. The chapel is ideally situated for
access to Ebbw Vale town centre and the
Heads of the Valleys trunk road. It would be
ideal for a number of uses including conversion
to residential, commercial or community uses
(subject to necessary planning consents)
Ground Floor: Entrance, main chapel with
balcony, rear room with wc’s and kitchen area
solicitor
01633 254044
Contact: Sean Roper
free copy
on
01633 254044
Tel: 01633 254044 Fax: 01633 254045
Lot 13
15 Gold Tops, Newport NP20 4PG
OFFICE BUILDING FOR INVESTMENT/OWNER
OCCUPATION
The property comprises a substantial four storey,
semi detached building situated on the northern
side of Gold Tops. The property is accessed from
both Gold Tops and Fields Road on the upper
side and is within close proximity to Newport
Civic Centre and about a ¼ of a mile from the city
centre itself. Gold Tops is the premier office
district in Newport with a number of established
accountancy, legal and other professional firms
located in the vicinity. Communications are good
with links to junctions 26 and 27 of the M4 being
readily accessible.
ACCOMMODATION
Lower GF: 485 sq ft (45sq m)
Ground Floor: 605 sq ft (56.2 sq m)
First Floor: 490 sq ft (45.5 sq m)
Second Floor: 525 sq ft (48.8 sq m)
Total: 2,105 sq ft (195.6 sq m)
Outside: Large car parking area currently with 8
allocated spaces but potential for more.
R
O
I
R
DP
L
O
S
PLANNING
The property is currently used as offices but may
have potential for other uses such as residential
(subject to any necessary planning consent).
Tenancies:To be sold with vacant possession
solicitor
01633 254044
Contact: Paul Fosh
buyers please note
The minimum deposit is £2,000 or
10% of the maximum bid price,
whichever is the greater.
Tel: 01633 254044 Fax: 01633 254045
Lot 14
Land At Bedwellty, Blackwood NP12 0BD
PARCEL OF LAND
An area of former garden land adjacent to St
Sannans Church yard and the Church Inn public
house. The land is level, enclosed and is around
0.12 acres in area (0.048 hectares)
01633 254044
PLANNING
respect of this land.
solicitor
Contact: Paul Fosh
Lot 15
50 Aberrhondda Road, Porth CF39 0BB
HOUSE FOR OWNER
An opportunity to acquire a mid terrace house
situated in a popular area near Porth. The
property benefits from spacious accommodation
over two floors and gas central heating (not
tested). The house has previously been let and is
in an area that has traditionally good demand for
rental properties.
ACCOMMODATION
Ground Floor: Entrance, lounge/dining room,
kitchen
First Floor: 2 bedrooms, bathroom
Tenure: Advised Freehold –to be verified by a
solicitor
01633 254044
Contact: Sean Roper
Lot 16
28 Commercial Street, Maesteg, Bridgend CF34 9DH
A substantial freehold unit situated in the bustling
town of Maesteg. The property is currently
occupied by a well established insurance broker
on the ground floor with the upper floors and
basement currently vacant. The property would
be ideal for further development with possible
flats on the upper floors (subject to necessary
planning consents).
ACCOMMODATION
First Floor: 3 rooms
Second Floor: 2 rooms, attic space
Lower Ground Floor: Basement
Outside: Overgrown rear garden area
Tenancies:The property is let on a lease until the
30th November 2015 at £9,000 per annum
Tenure: Advised Freehold – To be verified by a
solicitor
01633 254044
Ground Floor: Retail sales area, kitchen, wc
Contact: Sean Roper
Tel: 01633 254044 Fax: 01633 254045
Lot 17
Lot 18
Land To The South East Side
Of Park Place, Troedyrhiw,
Merthyr Tydfil CF48 4ET
196 Broadway, Roath,
Cardiff CF24 1QJ
Properties
invited
for our
PASTURE LAND
A parcel of level land bordering the B4285
just south of Troedyrhiw. The land has an
area of 0.60 hectare (1.48 acres). The land
is being used for grazing and has fenced
boundaries.
possession
by a solicitor
01633 254044
Guide Price: TBA
HOUSE FOR OWNER
A three bedroom mid terrace house located
close to Cardiff city centre and has
convenient access to the M4 motorway.
Broadway has a range of local amenities.
The property benefits from UPVC double
glazing, central heating (not tested) and
rear yard.
ACCOMMODATION
internally by the auctioneers prior to going
to print but we are advised it comprises:
Ground Floor: Entrance hall, 2 reception
rooms, kitchen
Outside: Forecourt to the front and rear
gardens
possession
by a solicitor
01633 254044
next
auction
on
Wed 27th
March
2013
(Closing date
27th February
2013)
Please Call
to reserve your
free copy
on
01633 254044
Contact: Paul Fosh
Tel: 01633 254044 Fax: 01633 254045
Lot 19
Lot 20
21 Romilly Road, Barry CF62 6LF
Land At Aberfan Fawr,
Aberfan, Merthyr Tydfil
CF48 4PE
LAND WITH POTENTIAL
The property comprises two parcels of land
on the junction of Aberfan Fawr and
Glan-yr-afon. One parcel is grassed and is
relatively level whilst the other parcel is
roughly grassed with some trees and
slopes. The land is situated on the edge of
a residential estate.
PLANNING
PLANNING
An impressive three storey bay fronted
Edwardian house which occupies an elevated
position with wonderful views across to Barry
Harbour. It is situated in a highly sought after
location close to all local amenities and train
station. The property has previously been
used as a guest house and also a house with
multiple occupants, we understand the
property was originally constructed at the turn
of the century as the harbour master’s house.
The property offers excellent potential to
develop into apartments but would also be
suited as a substantial family home or guest
house (subject to necessary planning
consents).
The property has planning to convert into
three self-contained apartments. Please
contact the auctioneer’s office for further
information or the Vale of Glamorgan Council
Planning Department on 01446 700111.
Ground Floor: Entrance hall, 6 rooms
First Floor: Landing, 5 rooms
Second Floor: 5 rooms
Outside: Gardens to front and rear
a solicitor
01633 254044
We are not aware of any planning
applications in respect of the land and
buyers should make their own enquiries.
possession
by a solicitor
01633 254044
Guide Price: TBA
Contact: Paul Fosh
Tel: 01633 254044 Fax: 01633 254045
Lot 21
102 High Street, Ogmore Vale, Bridgend CF32 7AF
PROPERTY FOR OWNER
A spacious single storey property that offers
generous sized accommodation and is ideal for
buy to let. The property is situated in the popular
village of Ogmore Vale which is situated north of
Bridgend and the M4 motorway. The building
has benefitted from upgrading including refitted
kitchen and bathroom and gas central heating
(not tested). There is a rear garden with parking
area which will be ideal for a garage.
ACCOMMODATION
Ground Floor: Entrance, lounge, 2 bedrooms,
bathroom, kitchen
Outside: Rear garden with parking
Tenancies: To be sold with vacant possession – was
previously let at £85 pw (£4,420 pa)
solicitor
01633 254044
Contact: Sean Roper
Lot 22
68 Somerset Street, Abertillery NP13 1DR
ACCOMMODATION
A substantial vacant commercial premises in
need of refurbishment. The property is located
in the town of Abertillery which benefits from a
range of shopping facilities and amenities
including transport links.
The property has not been inspected internally by
the auctioneers and buyers must form their own
opinion of the likely internal accommodation.
solicitor
01633 254044
Contact: Paul Fosh
buyers please note
For deposits we accept sterling up to the
equivalent of 10,000 Euros, Cheques and Bankers
Drafts but cannot accept credit / debit cards.
Tel: 01633 254044 Fax: 01633 254045
Lot 23
128a Commercial Street, Maesteg, Bridgend CF34 9DW
ACCOMMODATION
A ground floor shop unit that is currently
occupied by a well established optician situated
in the bustling town of Maesteg.
Other occupiers in the area include banks,
estate agents and a number of independent
retailers.
Ground Floor: Entrance, retail sales area, 2 stores,
kitchen, wc and access to rear yard
Tenancies: Let to a tenant holding over on a 12 year
lease which expired in April 2008 at a rent of
£6,000 per annum
solicitor
01633 254044
Contact: Sean Roper
Lot 24
27 Holton Road, Barry CF63 4HA
A substantial freehold unit situated in a busy
trading position. The property offers generous
accommodation over three floors and is currently
occupied by a well established insurance
broker’s. Other occupiers in the area include
retail outlets, banks and council offices.
ACCOMMODATION
Please note that no full internal inspection was
available prior to the catalogue going to print but
we believe it comprises:
Ground Floor: Retail sales area, store room,
kitchen, wc, rear hall and fire exit
First Floor: 3 rooms
Outside: Overgrown garden offering scope for
parking
Tenancies:The property is let on a lease until the 30th
November 2015 at £12,000 per annum
solicitor
01633 254044
Contact: Sean Roper
Lot 25
Garage Plot At Urban Street, Merthyr Tydfil CF47 9PJ
GARAGE PLOT INVESTMENT
The property comprises a parcel of land being
sold subject to an annual ground rental
agreement on which is situated a detached
garage.
solicitor
01633 254044
Tenancies: The ground is let on annual ground
rental agreement at £40 + VAT per annum
although we are informed that this figure has not
been reviewed for many years and that the
current rental value should be substantially in
excess of this sum.
Contact: Paul Fosh
Tel: 01633 254044 Fax: 01633 254045
Lot 26
Lot 27
Lot 28
81a Bethcar Street,
Ebbw Vale NP23 6HN
99 East Road, Tylorstown,
Ferndale CF43 3BS
Flat 6 Manchester House,
The Square, Aberbeeg,
Abertillery NP13 2AB
FLAT FOR OWNER
HOUSE FOR OWNER
FLAT FOR OWNER
A spacious two bedroom flat situated in the
heart of Ebbw Vale town centre which
benefits from a wide range of amenities
including public transport. The property is
in need of modernisation but offers an ideal
investment opportunity.
An end of terrace house that requires
upgrading but benefits from partial double
glazing and gas central heating (not tested).
The property is situated in a well established
residential location and would be ideal for
a first time buyer or investor looking for
buy to let.
A spacious flat that has benefitted from
some upgrading. The flat is situated in the
village of Aberbeeg which is ideal for access
to Abertillery and Ebbw Vale. The property
also benefits from gas central heating (not
tested) and UPVC double glazing.
ACCOMMODATION
ACCOMMODATION
First Floor: Entrance hall, lounge, kitchen, 2
bedrooms, bathroom
Outside: Rear parking space
possession
by a solicitor
01633 254044
ACCOMMODATION
Ground Floor: Entrance hall, lounge, living
room, kitchen, bathroom
First Floor: Landing, 3 bedrooms
possession
by a solicitor
01633 254044
Contact: Sean Roper
Ground Floor: Entrance, hallway, lounge,
kitchen, bedroom, bathroom
possession
by a solicitor
01633 254044
Contact: Sean Roper
Tel: 01633 254044 Fax: 01633 254045
Lot 29
Lot 30
Land Adjacent To
124 Ystrad Road, Pentre
CF41 7PW
Llanhilleth Rugby Club, Commercial Road,
Llanhilleth, Abertillery NP13 2HT
LAND WITH POTENTIAL
A rectangular parcel of land that slopes up
from front to rear. The land is situated on the
corner of Ystrad Road and Greenhill.
PLANNING
applications in respect of the land however
we are advised that the land is within the
adopted local development plan, the land is
also within the settlement boundary or the
smaller settlement of Ystrad and is
unallocated.
a solicitor
01633 254044
COMMERCIAL/DEVELOPMENT
OPPORTUNITY
A substantial former rugby club situated in the
village of Llanhilleth. The building comprises
three floors of accommodation and offers
excellent scope for both commercial
opportunities and conversion to residential or
redevelopment (subject to necessary planning
consents). The village of Llanhilleth benefits
from a range of local amenities and train station
with direct links to Cardiff and excellent road
links to Newport, Ebbw Vale and Abertillery.
ACCOMMODATION
room, boiler room/storage
Lower Ground Floor: Cellar
First Floor:Function room, kitchen, prep room,
gents & ladies wc’s, 2 store rooms.
Second Floor: 4 rooms and store room
Outside: Parking to front, side area, outside wc
and smoking area
solicitor
01633 254044
Ground Floor: Lounge/bar, spacious concert
Contact: Paul Fosh
Contact: Sean Roper
Tel: 01633 254044 Fax: 01633 254045
Lot 31
10 Nightingale Terrace, Pontnewynydd, Pontypool NP4 6PP
HOUSE FOR OWNER
An opportunity to acquire a mid terraced house
that benefits from a conservatory. The property is
situated in a well established popular central
location with Pontypool town centre and major
link roads easily accessible. The house benefits
from UPVC double glazing and gas central
heating (not tested).
hallway, lounge, kitchen, bathroom
Outside: Front garden with decking, parking area
solicitor
01633 254044
ACCOMMODATION
Ground Floor: Entrance, via conservatory, inner
Contact: Sean Roper
Lot 32
Site Of Former Taffs Well Library, Cardiff Road, Taffs Well, Cardiff CF15 7PL
LAND WITH POTENTIAL
A rectangular parcel of land which is a site of the
former Taffs Well Library. The Library has been
removed and the site cleared to provide a level
area.
PLANNING
however we are informed that this site is
unallocated and within the settlement boundary
of the smaller settlement of Taffs Well. The site
lacks street frontage and relies on a narrow
shared access. Located in an area of mixed
commercial, community and residential uses.
solicitor
87 Church Road, Newport,
NP19 7EH
01633 254044
Contact: Paul Fosh
Tel: 01633 254044 Fax: 01633 254045
Lot 33
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22
The Parade, Roath, Cardiff CF24 3AB
SUBSTANTIAL PERIOD PROPERTY
An opportunity to acquire a substantial period
property that offers generous accommodation
over 4 levels. The property has most recently
been used as a religious community centre but
offers potential for many uses including
conversion to residential or other commercial
using such as training centre, dentist or
beauticians (subject to necessary planning
consents). The property is ideally located at
the head of The Parade, close to Richmond
Road and offers easy access to Cardiff city
centre and major link roads to M4 motorway.
There are two large halls internally and a
spacious lower ground floor kitchen area and
numerous offices and storage rooms.
ACCOMMODATION
Ground Floor: Entrance, main hall, office,
storage room, wc x 3
First Floor: Second hall, storage room, utility room, lift,
office
Second Floor: Three rooms, kitchen, bathroom/wc
Basement: Large kitchen area, storage room
Outside: Front forecourt
Tenure: Advised Freehold – to be verified by a solicitor
01633 254044
Contact: Sean Roper
Thinking of selling at auction?
Contact Paul Fosh Auctions
for a no obligation appraisal
on 01633 254044
Tel: 01633 254044 Fax: 01633 254045
Lot 34
Lot 35
Lot 36
19 Mill Terrace,
Ammanford SA18 3NR
20 Acres of Land with 3
Lakes, Waun-y-Pound Road,
Ebbw Vale NP23 6LE
Garage Near 28 Pontmorlais,
Merthyr Tydfil CF47 8UN
HOUSE FOR OWNER
APPROXIMATELY 20 ACRES WITH
3 FISHING LAKES
A three bedroom semi detached house
located in the Panyffynnon area of
Ammanford. The property benefits from
UPVC double glazing and gas fired central
heating (not tested) but requires some
internal updating.
A rare opportunity to acquire approximately
20 acres of land with 3 lakes/reservoirs that
benefit from fishing rights granted. The land
is situated to the north of Ebbw Vale and
close to the A465 Heads of the Valley trunk
road and the Brecon Beacons National Park.
The site may offer scope for some form of
future development for either residential,
commercial or tourism based (subject to
necessary planning consents).
ACCOMMODATION
dining room, kitchen, bathroom,
conservatory
Outside: Parking to front with side access to
large rear garden
a solicitor
01633 254044
PLANNING
There is no knowledge of any current
planning applications and all interested
parties should make their own enquiries with
the local authority.
Tenancies: There is an agreement in place
with a current rent of £1,000 pa which also
has a stipulation to protect and preserve fish
in the reservoirs.
a solicitor
01633 254044
Contact: Sean Roper
GARAGE/WORKSHOP
A detached garage/workshop situated on
Gwalia Place just off Penydarren Road. The
property occupies a prominent position and
has an external depth of 5.90m (19ft 5”) with
an external frontage of 8.45m (27ft 9”)
although the property is wider at the rear. In
addition to the building there is a small area
of land at the rear.
PLANNING
applications in respect of the
garage/workshop however it has been used
for the storage of motor vehicles for some
years.
a solicitor
01633 254044
Contact: Paul Fosh
Tel: 01633 254044 Fax: 01633 254045
Lot 37
Land On The South Side Of Stable Lane,
Tredegar NP22 4BU
Newport Printing Co. Ltd.
The complete design
and print solution
Design
Print
Finishing
LAND
An area of bank lying between Stable Lane and
Tredegar Rugby Club. The land totals about
3.80 acres (1.538 hectares) and is mostly
wooded.
Esperanto Way
Orb Industrial Estate
Newport
South Wales
NP19 0RD
PLANNING
We are not aware of planning applications in
respect of this land.
solicitor
01633 254044
t: 01633 270075
f: 01633 270100
e: [email protected]
www.newportprinting.co.uk
Contact: Paul Fosh
Tel: 01633 254044 Fax: 01633 254045
Lot 38
St Johns Chapel, Giant Grave Road, Neath SA11 2LH
CHAPEL FOR COMMERCIAL
USE/DEVELOPMENT
An attractive stone built chapel with pitch slate
roof, situated in a popular residential location.
The chapel has most recently traded as a snooker
club with alcohol license and would be ideal for a
number of alternative uses, including restaurant,
community use and would also be ideal for
conversion to residential (subject to necessary
planning consents).
ACCOMMODATION
Ground Floor: Main hall with bar area and
kitchen
Outside: Garden areas to front, sides and rear,
portacabin which has been converted into wc’s
Tenure: Advise Freehold – to be verified by a
solicitor
01633 254044
Contact: Sean Roper
Lot 39
6 Warwick Road, Newport NP19 8JJ
HOUSE FOR OWNER
A spacious bay fronted mid terrace house situated
in a popular residential location close to
Beechwood Park. The property benefits from gas
central heating (not tested) but requires upgrading
and would be ideal for either investment or owner
occupation. The property is situated conveniently
for access to local amenities, transport links and
major link roads to Newport and the M4
motorway.
ACCOMMODATION
Ground Floor: Entrance hallway, lounge, dining
room, utility room, kitchen
Outside: Gardens to front and rear
solicitor
01633 254044
Contact: Sean Roper
Tel: 01633 254044 Fax: 01633 254045
Lot 40
Land Lying To The South West Of Brompton Place, Tredegar NP22 4NE
PARCEL OF LAND
A parcel of sloping land totalling around 2.20 acres
(0.890 hectares). The land slopes steeply from
Brompton Place down to and over the River
Sirhowy.
Viewing: Paul Fosh Auctions, 87 Church Road,
Newport, NP19 7EH
01633 254044
PLANNING
respect of the land.
solicitor
Contact: Paul Fosh
Lot 41
24 Pleasant View, Bedlinog, Treharris CF46 6SF
HOUSE FOR OWNER
A detached house with open views to the rear,
located on the outskirts of Bedlinog. The property
benefits from UPVC double glazing, but requires
internal upgrading and is currently boarded.
ACCOMMODATION
Ground Floor: Entrance hallway, 2 reception
rooms, shower room, separate wc
Lower GF: Kitchen, dining room
First Floor: Landing, 2 bedrooms, bathroom,
separate wc
Outside: Gardens to front and rear with large
decked area having open views. Driveway to
side leading to a double garage.
solicitor
01633 254044
buyers please note
It is the buyer’s responsibility
to remove auction sale boards
after completion
Tel: 01633 254044 Fax: 01633 254045
Lot 42
Lot 43
118 Trenant, Hirwaun,
Aberdare CF44 9LB
Land To The Rear Of 40-48
High Street, Bedlinog,
Treharris CF46 6RW
HOUSE FOR OWNER
A spacious four bedroom semi detached
house with parking that has previously
been let and has enjoyed good occupancy
levels. The property benefits from gas
central heating (not tested) and UPVC
double glazing but requires upgrading and
would be ideal for buy to let or owner
occupation.
ACCOMMODATION
Ground Floor: Entrance hall, lounge, dining
room, kitchen, bathroom
Outside: Gardens to front, side and rear
with parking
possession
by a solicitor
01633 254044
Contact: Sean Roper
PASTURE LAND
A parcel of gently sloping grazing land
situated on the edge of this popular village.
The property has fenced boundaries and
has been used for grazing.
possession
by a solicitor
01633 254044
Guide Price: TBA
Contact: Paul Fosh
Tel: 01633 254044 Fax: 01633 254045
Lot 44
Lot 45
Lot 46
62 Griffith John Street,
Swansea SA1 2BP
24 High Street, Graig,
Pontypridd CF37 1QX
Land At Former Bedlinog
Colliery, Bedlinog,
Treharris CF46 6RT
FLAT FOR OWNER
RESIDENTIAL INVESTMENT
GRAZING LAND
A 7th floor one bedroom flat in a purpose
built block convenient for access to the city
centre. The property does benefit from
UPVC double glazing but requires
improvement. This flat would be ideal for a
first time buyer or investor looking for a buy
to let.
A spacious mid terrace property offering
generous accommodation. The property is
ideally situated for access to Pontypridd
town centre and the University. The train
station is just a few hundred yards away.
The house benefits from gas central heating
(not tested) and is UPVC double glazed but
offers scope for further improvements.
A parcel of grazing land situated on the
edge of this popular village. The land has
an area of around 0.28 hectare (0.69 acres).
The land which is being used for grazing
has fenced boundaries.
ACCOMMODATION
ACCOMMODATION
Ground Floor: Communal entrance,
hallway, stairs and lift to all floors.
Seventh Floor: Entrance hallway, lounge,
kitchen, bedroom, bathroom
possession
by a solicitor
01633 254044
Ground Floor: Entrance hallway with
storage cupboard, lounge/dining room,
kitchen
First Floor: Landing, 3 bedrooms,
bathroom, attic space with further bedroom
Tenancies: The property is let on an assured
short hold tenancy agreement at £500 pcm
(£6,000 pa)
by a solicitor
01633 254044
Contact: Sean Roper
possession
by a solicitor
01633 254044
Guide Price: TBA
Contact: Paul Fosh
The Biggest and Best
Check out the facts and discover
why Paul Fosh Auctions is the
leading Auction House across the
whole of Wales
• Selling properties in conjunction with some
of the leading estate agents in Wales
• In 2012 - 77% of properties listed at
auction - SOLD.
• This is not a graph or a pie chart, not even a
percentage, it is a fact: Paul Fosh Auctions
SOLD more properties than any other
Auctioneers in Wales in 2012
• In 2009 Paul Fosh Auctions were
The Negotiator Auctioneer of the year.
• December 2011 77% of properties SOLD.
• February 2012 78% of properties SOLD.
• March 2012 78% of properties SOLD.
• May 2012 % 72% of properties SOLD.
• June 2012 % 74% of properties SOLD.
• August 2012 % 80% of properties SOLD.
• September 2012 75% of properties SOLD.
• October 2012 79% of properties SOLD.
• December 2012 87% of properties SOLD.
www.paulfosha
t Auction House in Wales
Paul Fosh Auctions is the leading and indeed largest
property auction house in Wales, selling more homes
at auction than any other firm in the principality.*
Properties sold at auction 2012
Auctioneer
Paul Fosh Auctions
John Francis
Seel & Co
All Wales Auctions Properties Sold
308
207
180
146
Total Raised
£16,527,311
£18,067,000
£13,011,250
£9,691,963
104
£4,346,600
(Peter Alan and Williams & Goodwin)
Mustbesold Wales
*Stats: Estates Gazette/EIG.
So if your thinking of selling or buying a property at
auction, choose the biggest and best in Wales...Paul
Fosh Auctions.
hauctions.com
Tel: 01633 254044 Fax: 01633 254045
Lot 47
63 Broad Street, Blaenavon, Pontypool NP4 9NH
COMMERCIAL OPPORTUNITY
ACCOMMODATION
A single lockup retail unit situated on the main
high street in the town of Blaenavon. The area
benefits from a range of local amenities and other
occupants in the street include bookshops,
hairdressers and convenience stores. The town
of Blaenavon has been awarded world heritage
status.
Ground Floor: Shop area, wc
Tenure: Advised Freehold – to be vacant possession
01633 254044
Guide Price: TBA
Contact: Sean Roper
Lot 48
Penycae CP School, Brecon Road, Penycae, Swansea SA9 1FA
FORMER PRIMARY SCHOOL
ACCOMMODATION
The property comprises a single storey school
situated in the village of Penycae. The school is
believed to have been built around the 1980’s
and is constructed in roughly a U shape, in a good
size plot including tarmacadam parking area and
wooded area to the rear. Penycae is a rural village
situated on the A4067 to the north of
Ystradgynlais and lying within the Brecon
Beacons National Park.
The accommodation is arranged on a single
storey although a portion is split level. Within
the school there are open plan classroom areas,
offices, fully equipped kitchen and servery,
dining area/hall, children’s and adults wc’s
Outside: The property is approached via secured
gates, there is parking area, lawns and wooded
area to the rear
solicitor
01633 254044
Guide Price: TBA
Contact: Paul Fosh
Tel: 01633 254044 Fax: 01633 254045
Lot 49
Land Adjacent To Penycae CP School, Brecon Road, Penycae, Swansea SA9 1FA
FORMER PLAYING FIELD
A parcel of land adjacent to lot 48. The land
forms part of the previous playing field for the
school and has a good link road frontage onto
the A4067.
PLANNING
01633 254044
Guide Price: TBA
Please note Paul Fosh Auctions reserve the right to
offer lot 48 and 49 as one lot.
solicitor
Contact: Paul Fosh
Lot 50
32 Beaufort Rise, Beaufort, Ebbw Vale NP23 5JG
COMMERCIAL/RESIDENTIAL INVESTMENT
OPPORTUNITY
A two storey end of terrace retail shop with living
accommodation above in need of modernisation.
Beaufort lies approximately 2 miles from the
town of Ebbw Vale which benefits from a wide
including public transport links to Cardiff.
ACCOMMODATION
Flat:
Ground Floor: Kitchen
First Floor: Landing, lounge, 2 bedrooms, bathroom
Outside: Small rear yard, garage
solicitor
01633 254044
Shop:
Ground Floor: Front retail with partitioned area
providing storage
Lot 51
Land To The South East Of Thomas Street, Abertridwr, Caerphilly CF83 4BB
LAND WITH POTENTIAL
A triangular parcel of land situated on the edge of
the village and close to Abertridwr Primary
School. The site houses a former transformer
kiosk.
01633 254044
PLANNING
solicitor
Contact: Paul Fosh
Tel: 01633 254044 Fax: 01633 254045
Lot 52
Lot 53
Lot 54
The Monkey, Gladstone
Street, Crosskeys,
Newport NP11 7PN
Land To The Rear Of Aneurin
Crescent, Twynyrodyn,
Merthyr Tydfil CF47 0ST
30 Llewellyn Street,
Pontygwaith, Ferndale
CF43 3LE
PASTURE LAND
An opportunity to acquire a substantial
freehold building with planning for up to 11
apartments. The property is situated in the
popular village of Crosskeys which is just a
short distance away from the nearby town
of Risca and major link roads to Newport
and the M4 motorway. The area is well
serviced by a number of national
supermarkets and small independent
retailers in Risca town centre.
The property comprises a parcel of land
totalling 0.505 hectare (1.25 acres). The
land has been used for grazing and is
divided into two paddocks which are
fenced. Access to the site is along a track
between 54 and 56 Aneurin Crescent.
There are some rough shelters on the land.
ACCOMMODATION
Ground Floor: Main bar area, wc, 4 rooms
First Floor: Kitchen area, bathroom area,
wc, 4 rooms
Lower GF: Cellar. 4 rooms
Outside: Rear car park
possession
by a solicitor
01633 254044
Guide Price: TBA
PLANNING
Planning has been granted for the
development of 11 apartments. Full details
and architects drawings are available from
the auctioneer’s office
possession
by a solicitor
Viewing: Paul Fosh Auctions, 87 Church
Road, Newport, NP19 7EH
01633 254044
Contact: Sean Roper
Contact: Paul Fosh
FORMER SHOP REQUIRING
RENOVATION
A former shop with rooms above requiring
full renovation. The building is situated in
the village of Pontygwaith which benefits
from a range of amenities and offers easy
access to major link roads to Porth and
Pontypridd.
PLANNING
applications in respect of the property
however it is located in a mainly residential
area and may have potential to be
converted into one residential dwelling
(subject to necessary planning consents).
possession
by a solicitor
01633 254044
Tel: 01633 254044 Fax: 01633 254045
Lot 55
Lot 56
Land At Units 33-36 Pant Industrial Estate, Dowlais,
Merthyr Tydfil CF48 2SR
92 King Street, Cwm,
Ebbw Vale NP23 7SJ
HOUSE FOR OWNER
A three bedroom mid terrace house that
benefits from partial UPVC double glazing
and gas central heating (not tested). The
property is situated in the popular village
location of Cwm which benefits from a
range of local amenities. The village of
Cwm lies approximately 3 miles from the
main town of Ebbw Vale with its wide range
of shopping facilities and amenities
including public transport links to Cardiff.
ACCOMMODATION
LAND WITH POTENTIAL
An area of undulating land lying to the
northern edge of Pant Industrial Estate, with
playing fields beyond. The land is roughly
grassed and is predominantly fenced. The land
has the benefit of two exiting accesses with a
further potential access to the north east from
the road.
solicitor
87 Church Road,
Newport, NP19 7EH
01633 254044
Guide Price: TBA
Ground Floor: Entrance hallway,
lounge/dining room, kitchen, bathroom
Outside: Rear yard with pedestrian lane
access
possession
by a solicitor
01633 254044
PLANNING
The land undoubtedly has potential for
different uses and buyers should make
enquiries with Merthyr Tydfil Country Borough
Council on 01685 726220
Contact: Paul Fosh
Tel: 01633 254044 Fax: 01633 254045
Lot 57
Lot D, Station Road, Patchway, Bristol BS34 6LP
LAND WITH POTENTIAL
A long parcel of land lying to the north of
Patchway station.
solicitor
01633 254044
Guide Price: Nominal
Contact: Paul Fosh
Lot 58
Lot E, Station Road, Patchway, Bristol BS34 6LP
LAND WITH POTENTIAL
A further portion of land lying to the south east
of Lot 57 comprising largely overgrown land
which slopes down to the brook but may offer
potential for amenity use (subject to any
planning consents)
solicitor
01633 254044
Guide Price: Nominal
Contact: Paul Fosh
Lot 59
Land at Hedgehog Castle, Off Dynevor Road, Garnant, Ammanford SA18 1NP
PARCEL OF LAND
A roughly rectangular shape parcel of land with
road frontage located within the village of
Garnant. The land is situated approximately 4
miles from the main town of Ammanford which
benefits from a wide range of amenities.
PLANNING
planning should be made with Carmarthenshire
County Council on 01267 234567.
solicitor
01633 254044
We believe that planning has been granted in the
past and work commenced on construction as far
back as 1990. All enquires with regards to
Tel: 01633 254044 Fax: 01633 254045
Lot 60
Land at Danygraig Terrace, Wattstown, Porth CF39 0RD
LAND WITH POTENTIAL
A parcel of roughly rectangular land fronting
Ynyshir Road and bordered on either side by
Wattstown RFC clubhouse and Danygraig
Terrace.
PLANNING
solicitor
01633 254044
respect of the land however we are advised that
the land is within the settlement boundary of the
smaller settlement of Ynyshir. It is not allocated
for a specific use.
Contact: Paul Fosh
Lot 61
50 Mountain Road, Upper Brynamman, Ammanford, Dyfed SA18 1AE
SEMI DETACHED HOUSE AND PLOT FOR
DEVELOPMENT
An opportunity to acquire a four bedroom semi
detached house with adjoining plot that has
planning for a four bedroom detached house. The
property is mostly UPVC double glazed and has oil
fired central heating (not tested) but requires
modernisation. The house is situated in a popular
location close to the Black Mountain and Brecon
Beacons National Park and Ammanford is easily
accessible with its wide range of shopping facilities,
amenities and transport links.
ACCOMMODATION
Ground Floor: Entrance hallway, lounge, dining
room, sitting room and kitchen
First Floor: Landing, 4 bedrooms, shower room
Outside: Gardens to front and rear and substantial
sized plot to side (with planning for a four bedroom
detached house). There is also a stone built
outbuilding with pitched tiled roof.
solicitor
Viewing: Welsh Property,
5 Heol Cae Gurwen, Gwaun Cae Gurwen,
Ammanford, SA18 1HB
01269 268770
Contact: Sean Roper
Tel: 01633 254044 Fax: 01633 254045
Lot 62
Lot 63
Sites of Former 65 & 70 Fforchaman Road, Cwmaman,
Aberdare CF44 6NG
Land To The South Of
Blackmill Road, Bridgend
CF32 7LA
An opportunity to acquire a development
site with planning for 17 flats, also proposed
drawings for 12 houses (subject to
necessary planning consents). The site is
situated in a pleasant position with good
road links to Bridgend and the M4
motorway and a good range of local
amenities.
PLANNING
2 PARCELS OF LAND
The property comprises two separate parcels
of land where 2 properties previously stood.
The land is currently being used to provide off
road parking
PLANNING
solicitor
01633 254044
Full details of planning are available for
inspection from the auctioneer’s office.
possession
by a solicitor
01633 254044
in respect of the land however we are informed
that the land is within the settlement boundary
of the smaller settlement of Aberaman south
including Cwmaman and is unallocated.
Suitable in principle for uses appropriate in a
residential area i.e residential, B1, community,
amenity or a combination.
Contact: Paul Fosh
Contact: Sean Roper
Tel: 01633 254044 Fax: 01633 254045
Lot 64
Lot 65
Lot 66
Stretch Of The River
Sirhowy, Rock,
Blackwood NP12 1NY
62 Rhedyw Road,
Llanllyfni, Caernarfon
LL54 6SG
42 Woodland Road,
Beddau, Pontypridd
CF38 2DG
STRETCH OF RIVER
HOUSE FOR RENOVATION
RESIDENTIAL INVESTMENT
A stretch of the River Sirhowy situated at
Rock, Blackwood. The stretch of river is in a
mainly rural area although there are some
residential properties a short distance away.
An end of terrace property which is in a
poor state of repair and is deemed unsafe.
Llanllyfni is a small village which is
approximately seven miles from Caernarfon
town.
A three bedroom semi detached house
located in the village of Beddau which
benefits from good local amenities
including shops, schools and good road
links. The property is in good decorative
order throughout and benefits from UPVC
double glazing and gas central heating (not
tested).
PLANNING/USE
We are not aware of any planning or
possible usage for this stretch of river and
buyers should make their own enquires.
possession
by a solicitor
01633 254044
Contact: Paul Fosh
ACCOMMODATION
internally by the auctioneers.
possession
by a solicitor
Viewing: No internal viewings are
available as we have been informed that the
property may be unsafe.
01633 254044
ACCOMMODATION
Ground Floor: Entrance hallway, kitchen,
lounge, dining room
with free standing shower cubicle
Outside: Front and rear gardens
Tenancies:The property is let on an assured
shorthold tenancy agreement at £550 pcm
(£6,600 pa).
by a solicitor
01633 254044
Tel: 01633 254044 Fax: 01633 254045
Lot 67
The Former Agricote Site, Lower Hergest, Kington, Herefordshire HR5 3ER
LAND WITH DEVELOPMENT POTENTIAL
PLANNING
The property is a former MOD site located in a
rural setting approximately 2 miles from Kington
town centre. The site is bounded by industrial
and farmland with housing close by. The site
extends to 2.5 hectares (6.15 acres, it consists of a
gently sloping site spilt between concrete hard
standings, road ways and scrubland. The site has
a number of redundant buildings including 1
agricultural open sided Dutch barn.
respect of the land and any planning enquiries
should be made with Herefordshire County
Council on 01432 260386.
solicitor
01633 254044
Guide Price: TBA
Contact: Paul Fosh
Lot 68
88 Taff Street, Blaenllechau, Ferndale CF43 4NG
HOUSE FOR REFURBISHMENT
A three bedroom mid terrace house located in
the village of Blaenllechau. The property benefits
from UPVC double glazing but does require
refurbishment.
ACCOMMODATION
solicitor
01633 254044
Ground Floor: Entrance hall, lounge, kitchen,
utility area, bathroom
Outside: Enclosed rear garden
Lot 69
Land at Heol Llechau, Wattstown, Porth CF39 0PP
PARCEL OF LAND
A parcel of land which is roughly rectangular in
shape and lies towards the top edge of the village
of Wattstown. The land is currently roughly
grassed.
PLANNING
solicitor
01633 254044
respect of the land however we are advised that
the land virtually adjoins the settlement boundary
of the smaller settlement of Ynyshir (including
Wattstown) and is not allocated.
Contact: Paul Fosh
Tel: 01633 254044 Fax: 01633 254045
Lot 70
Unit 37 Nine Mile Point Industrial Estate, Cwmfelinfach, Ynysddu, Newport NP11 7HZ
ACCOMMODATION
A unit situated on the Nine Mile Point
Industrial Estate. This well established estate
is ideally situated for access to major link
roads to the M4 motorway and other
occupiers include Bar Foods and Biometrics
Ltd. The current lease is agreed to
Mollertech who already occupy a substantial
part of the industrial estate and we are
informed have a turnover of approximately
£35-£40 million euros per annum.
The property has not been inspected internally by
the auctioneers prior to going to print but we are
advised it comprises:
Ground Floor/First Floor: Warehouse and offices Approx. 5,627 sq ft (522.8 sq m)
Outside: Car park
Tenancies: The property is let on a ten year full
repairing and insuring lease at £26,000 per annum.
Full details are available from the auctioneer’s
office.
Tenure: Advised Leasehold – to be verified by a
solicitor
01633 254044
Contact: Sean Roper
Tel: 01633 254044 Fax: 01633 254045
Lot 71
Lot 72
Lot 73
Land At Former Grais
Cottage, Pontygwaith,
Treharris
30 Coity Road,
Bridgend CF31 1LR
85/87 Grand Avenue,
Cardiff CF5 4HU
FORMER GRAZING LAND
A parcel of land totalling 0.21 hectares
(0.53 acres). The land has previously been
used for grazing purposes but has not been
used for some time and is now largely
overgrown. The site is accessed from an
unadopted road off Goytre-Coed Road
between Quakers Yard and Abercynon and
lies in close proximity to the well known Taff
Trail.
HOUSE FOR OWNER
COMMERCIAL/RESIDENTIAL
INVESTMENT
A large five bedroom mid terrace house
convenient for access to Bridgend town
centre. The area benefits from a wide
including public transport. The property is
in need of modernisation and has suffered
fire damage.
A substantial freehold building comprising a
ground floor retail unit and separate
residential accommodation above. The
commercial unit is currently let and trading
as a sandwich shop/takeaway with the
upper floors sold with vacant possession
but previously let as 8 separate rooms with
communal areas. The property has
previously benefitted from some upgrading
but requires further improvements. There
is a spacious garage to the rear of the
property which may offer scope to let.
ACCOMMODATION
possession
by a solicitor
01633 254044
Guide Price: TBA
Contact: Paul Fosh
dining room, kitchen, breakfast room, utility
room, cloakroom
First Floor: Split level landing, 4 bedrooms,
bathroom
Second Floor: Bedroom
Outside: Gravelled forecourt, rear yard with
pedestrian lane access
possession
by a solicitor
01633 254044
ACCOMMODATION
Double shop unit comprising;
Ground Floor: Retail sales area, sandwich
shop/takeaway, prep room, kitchen area,
storage, office, wc, further room to rear
Residential accommodation comprising;
Ground Floor: Communal area, kitchen
First Floor: 8 rooms and 2 bathrooms
Outside: Rear garden and spacious garage
(in need of upgrading)
Tenancies: The shop/retail unit is let on a
lease with an income of £10,800 pa. The
first floor is current vacant but the previous
income when fully let was approximately
£34,000 pa.
by a solicitor
Viewing: Paul Fosh Auctions, 87 Church
Road, Newport, NP19 7EH
01633 254044
Contact: Sean Roper
Tel: 01633 254044 Fax: 01633 254045
Lot 74
Lot 75
65 Manod Road, Blaenau
Ffestiniog LL41 4AF
Bron Afon Housing,
Ton Road, Fairwater,
Cwmbran NP44 4TZ
Properties
invited
for our
HOUSE FOR OWNER
A three bedroom semi-detached house
situated approximately half a mile from the
town centre. Blaenau Ffestiniog is situated
in a superb position for exploring
Snowdonia National Park and famous
mountain railway. The property benefits
from two reception rooms, first floor
bathroom, a cellar and gardens and would
be ideal as a holiday home or buy to let.
ACCOMMODATION
Ground Floor: Lounge, sitting room,
kitchen/breakfast room
Outside: Small rear garden and patio, cellar
accessed via rear
possession
by a solicitor
Viewing: Bob Parry Estate Agents,
Valuers and surveyors,
Blaenau Ffestiniog Office,
17a High Street, Blaenau Ffestiniog,
Gwynedd, LL41 3AA
01766 831700
The property comprises a detached single
storey building situated to the rear of
Fairwater Square shops in an otherwise
residential location. The property which
has not been inspected by the auctioneers
prior to the catalogue going to print is
believed to be split into offices and storage.
Tenancies:The property is let to Bron Afon
community housing on full repairing and
insuring lease. Bron Afon is a community
based housing association which was set up
to own, manage and improve the homes
previously owned by Torfaen Country
Borough Council. Bron Afon manages and
maintains in excess of 8,000 rented homes
across the county of Torfaen and employs
over 510 staff. The property is let on a 15
year lease with just over 10 years
remaining. The current passing rent is
£18,700 pa (please note the rent is RPI
linked).
by a solicitor
01633 254044
Contact: Paul Fosh
next
auction
on
Wed 27th
March
2013
(Closing date
27th February
2013)
Please Call
to reserve your
free copy
on
01633 254044
Tel: 01633 254044 Fax: 01633 254045
Lot 76
The Courtybella Sports and Social Club, 50 Cardiff Road, Newport NP20 2ED
BUSINESS PROPOSITION/DEVELOPMENT OPPORTUNITY
The property comprises a large former residential property over two
floors which has been extended extensively over time, the
extensions to the side and rear are of single storey construction.
The property is located on Cardiff Road, one of the main arterial links
into the City, to Cardiff and the M4. The site is accessed from Cardiff
Road by a single lane drive to a large car parking area.
ACCOMMODATION
Ground Floor: Members bar/snooker room – 77 sq m (829 sq ft)
Bar – 1.37 sq m (230 sq ft)
Rear snooker room – 145.02 sq m (1561 sq ft)
Main hall – 143.40 sq m (1544 sq ft)
Male & female wcs
Store – 16.62 sq m (180sq ft)
Total floor area 403.41 sq m (4344 sq ft)
Basement: 2 stores, cellar, boiler room. Total floor area 84.47 sq m
(910 sq ft)
First Floor: Function room and store. Total floor area 42.33 sq m
(455 sq ft)
First Floor Flat: Living room, lobby, kitchen, 2 bedrooms, bathroom.
Total area 72.45 sq m (779 sq ft)
Total Net area 602.73 sq m (6,488 sq ft)
PLANNING
The property is a large level site with commercial to one side and
residential to the other. It is likely that the property has scope to be redeveloped for a number of potential residential or commercial uses
(subject to any necessary planning consent). For further information
contact Newport City Council planning department - 01633 656656.
Tenure: Advised Freehold – to be verified by a solicitor
Viewing: Paul Fosh Auctions, 87 Church Road, Newport, NP19 7EH
01633 254044
Contact: Paul Fosh
Lot 77
42 Duffryn Terrace, Elliots Town, New Tredegar NP24 6DQ
HOUSE FOR OWNER
A two bedroom mid terrace house which offers
generous accommodation over three floors but is
in need of updating. The property is located in a
well established residential location that offers
easy access to the town of Bargoed and its range
of shopping facilities and amenities including
public transport links.
ACCOMMODATION
room
Lower GF: Sitting room, kitchen, pantry,
bathroom, lean-to, wc
First Floor: Landing, 2 bedrooms, shower room
Outside: Tiered rear garden and garage
solicitor
01633 254044
Ground Floor: Entrance hallway, lounge/dining
Tel: 01633 254044 Fax: 01633 254045
Lot 78
63 Clarence Street, Mountain Ash, Aberdare CF45 3BD
HOUSE FOR OWNER
An opportunity to acquire a spacious three
bedroomed mid-terraced house. The property is
situated in a popular residential location which is
convenient for local amenities and transport links.
The property benefits from gas central heating
(not tested).
ACCOMMODATION
Ground Floor: Entrance hallway, lounge/dining
room, kitchen, shower room
solicitor
01633 254044
Contact: Sean Roper
Lot 79
Silver How, Llanhennock, Newport NP18 1LT
SUBSTANTIAL DETACHED FAMILY HOME
An opportunity to acquire a detached property
that is situated in the highly sought after location
of Llanhennock. The property stands in
approximately 2 acres of land with garden and
paddock and enjoys wonderful views over the
Usk Valley. The house offers scope for
improvement or would also be ideal for
redevelopment for potentially a new house
(subject to necessary planning consents). The
village is ideal for access to the historic Roman
Fortress town of Caerleon and the M4 motorway
to Newport, Cardiff and Bristol.
ACCOMMODATION
Ground Floor: Entrance hall, lounge, cloakroom,
sitting room/dining room, kitchen/breakfast
room, rear lobby, utility room, inner hall, annexe
with sitting room, kitchenette, shower room,
bedroom
First Floor: Landing, 3 bedrooms, wc, bathroom
Outside: Stable block and garage area with inner
lobby, 2 rooms to first floor. Gardens to front, sides
and rear with driveway and extensive parking
area, beyond the garden there is a former stone
building leading down to a large enclosed
paddock. In total we believe the property
occupies just over two acres.
solicitor
01633 254044
Contact: Paul Fosh
Tel: 01633 254044 Fax: 01633 254045
End of auction
Additional entries are often received after the
catalogue has gone to print.
Please check with auctioneers for details
of any additional entries
Britannia House • High Street • Bream
Lydney • Gloucestershire • GL15 6JS
Tel: 01594 564444 • Fax 01594 564084
Pr o p e r t y Ow n e r s
C o m m e rci a l
Ins u r an c e & I n de p e n d e n t F i n a n ci a l A d v i s o r s
w w w. w h i t e k n i g h t g ro u p. c o. u k
White Knight Group is an independent intermediary authorised and regulated by the Financial Services Authority who also trade inder the names of:
Dean Magna Insurance & Financial Consultants, Farmer & Clark Insurance & Financial Consultants, Swambo Woollett Insurance & Financial Consultants and Newent Insurance Services
buyers please note
Buyers should be aware that it is their
responsibility to insure any property that they
purchase from exchange of contracts.
Tel: 01633 254044 Fax: 01633 254045
Thinking of Selling
at Auction?
Unsure of What to do Next?
Choose Wales’ Premier Auctioneers
Speak to one of our professional advisors who
are always at hand to offer specialist advice
about selling your property at auction.
you can call us on
01633 254044
or visit us at
Tel: 01633 254044 Fax: 01633 254045
CONVEYANCING SERVICE
For Buyers and Sellers at Auction
We offer the complete service at competitive
rates whether you are buying or selling
For further information and advice call
01633 867000
and ask for our Conveyancing Team
Alternatively you can contact us by fax or e-mail on
01633 626389
email: [email protected] www.rlob.co.uk
Gwent House, Gwent Square, Cwmbran, South Wales NP44 1PL
Tel: 01633 867000
Dx 43650 CWMBRAN
Fax: 01633 485612
626390 (Litigation)
626389 (Conveyancing)
Tel: 01633 254044 Fax: 01633 254045
Tel: 01633 254044 Fax: 01633 254045
Terms and Conditions for Proxy
and Telephone Bidders
1.
A prospective purchaser should complete and sign the registration form
overleaf. In particular the prospective proxy purchaser should complete
the form showing the maximum price which the prospective purchaser
authorises the auctioneer to bid for a particular property.
The maximum price to which the auctioneer is authorised to bid must be
an exact figure (accordingly wording such, as “£100 over the highest bid
in the room” will not be acceptable). The auctioneer reserves the right
not to bid on behalf of the prospective purchaser should there be any
error or confusion in respect of these instructions or the accompanying
deposit.
A separate form must be completed for each lot for which a prospective
purchaser requires the auctioneer to bid.
purchaser’s responsibility to ensure that the auctioneer personally
receives such instructions and he should check to ensure such
instructions have been received.
6.
Unless the relevant lot is sold to the prospective purchaser, the amount of
the prospective purchasers bid will not be disclosed to the vendor or any
other person either during or after the sale without the consent of the
respective purchaser.
7.
The auctioneer reserves the right to bid himself or through an agent up to
the reserve price for the particular lot.
8.
The auctioneer will make no charge to a prospective purchaser for this
service and will accept no liability whatsoever for any bid not being made
on behalf of the prospective purchaser whether through lack of clarity of
instructions or for any other reason whatsoever. Prospective telephone
purchasers will not hold Paul Fosh Auctions liable for any loss or claims
relating to the telephone system or the interruption or suspension of this
service. The prospective purchaser will be advised if the relevant lot has
been successfully purchased on his behalf as soon as possible after the
auction. Where the lot has been purchased the prospective purchaser
will be notifed by post and the deposit returned as soon as reasonably
possible.
9.
Prospective purchasers are advised to telephone the auction
department of Paul Fosh Auctions (tel. 01633 254044) between
8.30 a.m. and 10.00 a.m. on the day of the auction to ensure that
there are no amendments to the particulars of the sale or
conditions relating to the relevant lot or other matters relating to it.
The prospective purchaser will be deemed to have knowledge of such
amendments and will buy subject to them in any event. If the prospective
purchaser does not telephone and such amendments have been made,
the auctioneer may in his absolute discretion decide not to bid for the
relevant lot on the prospective purchasers behalf or refuse to accept bids
by or on behalf or refuse to accept bids by or on behalf of prospective
purchasers and the auctioneer will not be responsible for any loss, costs
or damages incurred by the prospective purchaser a result there of.
The completed form or forms must be delivered to Paul Fosh Auctions,
87 Church Road, Newport NP19 7EH (for the attention of the auctioneer)
by hand or by post so that it is received not less than 24 hours prior to
the time of the commencement of the auction at which the particular
property is to be sold. The commencement time of the auction is shown
in the catalogue.
Any agreement to alter any proxy or telephone bidding form at any time
prior to, or on the day of the auction, must be in writing.
2.
The prospective proxy purchaser appoints the auctioneer as agent and
authorises the auctioneer to bid for the relevant lot on behalf of the
prospective purchaser in such manner as the auctioneer thinks fit in his
absolute discretion.
3.
The prospective purchaser shall be considered to have inspected the
auction catalogue for the relevant lot and inspected the general and
special conditions of sale and notices to prospective purchasers and also
any addendum relating to the lot and to have full knowledge thereof and
authorises the auctioneer or any duly authorised partner or employee of
Paul Fosh Auctions as the prospective purchasers agent to sign the
memorandum of contract incorporating all such matters at or after the
auction.
4.
Prospective proxy purchasers should send with this form a valid cheque
or bankers draft drawn on a United Kingdom Branch of a bank
representing 10% of the maximum price subject to a minimum of £2,000
to which the prospective purchaser wishes the auctioneer to bid. Where
the particular lot is purchased below the maximum bid figure the balance
of the deposit will be considered as an additional deposit towards the
purchase price.
5.
The prospective purchaser may in writing only at any time up to the
commencement of the auction in which the particular lot is to be sold
withdraw the auctioneer’s authority to bid. It is the prospective
10. Should the prospective purchaser wish to bid at the auction in person or
through an agent, such intention must be conveyed in writing to the
auctioneer in person prior to the lot being offered for sale. In this case the
auctioneer will not make any bids on behalf of the prospective
purchasers.
11. Prospective purchasers are advised in respect of telephone bids that
should they become disconnected during bidding or are unobtainable.
Paul Fosh Auctions will not be held responsible or liable for any loss
suffered in respect thereof.
Tel: 01633 254044 Fax: 01633 254045
Registration Form for Proxy and Telephone Bidders
Date of Auction:
Lot Number:
Proxy / Telephone (Please delete as appropriate)
I hereby instruct and authorise you to bid on my behalf in accordance with the terms and conditions attached hereto and
I understand that should my bid be successful the offer will be binding upon me.
Address of Lot:
Maximum Bid Price:
(words
)
Cheque for £2,000 or 10% deposit (whichever is the greater) + Buyer’s premium of 1% or Minimum £350: £
(enclosed herewith)
Note: For administrative reasons, unless otherwise agreed with the Auctioneers, the minimum deposit for telephone/proxy bids is
£2,000 or 10% of the maximum bid price, whichever is the greater, plus buyer’s premium of 1% or Minimum £350.00.
Purchasers Details
Full Names(s):
Address:
Post Code:
Business Telephone:
Home Telephone:
FOR TELEPHONE BIDS, TELEPHONE NUMBER AT TIME OF AUCTION:
Solicitors:
Post Code:
For the Attention of:
Telephone:
Signature of Prospective Purchaser or Person Signing on Purchasers Behalf:
Full Name and Address of Signatory if different from Purchasers details given above:
Date of Signing:
Tel: 01633 254044 Fax: 01633 254045
Common Conditions
INTRODUCTION
The Common Auction Conditions have been produced for real estate auctions in
England and Wales to set a common standard across the industry. They are in
three sections:
Glossary
The glossary gives special meanings to certain words used in both sets of
conditions.
Auction Conduct Conditions
The Auction Conduct Conditions govern the relationship between the
auctioneer and anyone who has a catalogue, or who attends or bids at the
auction. They cannot be changed without the auctioneer’s agreement.
We recommend that these conditions are set out in a two-part notice to bidders
in the auction catalogue, part one containing advisory material – which
auctioneers can tailor to their needs – and part two the auction conduct
conditions.
Sale Conditions
The Sale Conditions govern the agreement between each seller and buyer.
They include general conditions of sale and template forms of special conditions
of sale, tenancy and arrears schedules and a sale memorandum.
IMPORTANT NOTICE
A prudent buyer will, before bidding for a lot at an auction:
• Take professional advice from a conveyancer and, in appropriate cases a
chartered surveyor and an accountant;
• Read the conditions;
• Inspect the lot;
• Carry out usual searches and make usual enquiries;
• Check the content of all available leases and other documents relating to
the lot;
• Check that what is said about the lot in the catalogue is accurate;
• Have finance available for the deposit and purchase price;
• Check whether VAT registration and election is advisable;
ARREARS
Arrears of rent and other sums due under the tenancies and still
outstanding on the actual completion date.
ARREARS SCHEDULE
The arrears schedule (if any) forming part of the special conditions.
AUCTION
The auction advertised in the catalogue.
AUCTION CONDUCT CONDITIONS
The conditions so headed, including any extra auction conduct
conditions.
AUCTIONEERS
The auctioneers at the auction.
BUSINESS DAY
Any day except (a) a Saturday or a Sunday; (b) a bank holiday in England
and Wales; or (c) Good Friday or Christmas Day.
BUYER
The person who agrees to buy the lot or, if applicable, that person’s
personal representatives: if two or more are jointly the buyer their
obligations can be enforced against them jointly or against each of them
separately.
CATALOGUE
The catalogue to which the conditions refer including any supplement to it.
COMPLETION
Unless otherwise agreed between seller and buyer (or their conveyancers)
the occasion when both seller and buyer have complied with their
obligations under the contract and the balance of the price is
unconditionally received in the seller’s conveyancer’s client account.
The conditions assume that the buyer has acted like a prudent buyer.
If you choose to buy a lot without taking these normal precautions you do so at
your own risk.
GLOSSARY
This glossary applies to the auction conduct conditions and
the sale conditions.
Wherever it makes sense:
• singular words can be read as plurals, and plurals as singular words;
• a “person” includes a corporate body;
• words of one gender include the other genders;
• references to legislation are to that legislation as it may have been modified or
re-enacted by the date of the auction or the contract date (as applicable); and
• where the following words printed in bold black type appear in bold blue type
they have the specified meanings.
ACTUAL COMPLETION DATE
The date when completion takes place or is treated as taking place for the
purposes of apportionment and calculating interest.
ADDENDUM
An amendment or addition to the conditions or to the particulars
or to both whether contained in a supplement to the catalogue,
a written notice from the auctioneers or an oral announcement
at the auction.
AGREED COMPLETION DATE
Subject to condition G9.3:
(a) the date specified in the special conditions; or
(b) if no date is specified, 20 business days after the contract date;
but if that date is not a business day the first subsequent business day.
APPROVED FINANCIAL INSTITUTION
Any bank or building society that has signed up to the Banking Code or Business
Banking Code or is otherwise acceptable to the auctioneers.
CONDITION
One of the auction conduct conditions or sales conditions.
CONTRACT
The contract by which the seller agrees to sell and the buyer
agrees to buy the lot.
CONTRACT DATE
The date of the auction or, if the lot is not sold at the auction:
(a) the date of the sale memorandum signed by both the seller and buyer;
or
(b) if contracts are exchanged, the date of exchange. If exchange is not
effected in person or by an irrevocable agreement to exchange made
by telephone, fax or electronic mail the date of exchange is the date on
which both parts have been signed and posted or otherwise placed
beyond normal retrieval.
DOCUMENTS
Documents of title (including, if title is registered, the entries
on the register and the title plan) and other documents listed
or referred to in the special conditions relating to the lot.
FINANCIAL CHARGE
A charge to secure a loan or other financial indebtness
(not including a rentcharge).
GENERAL CONDITIONS
That part of the sale conditions so headed, including any extra
general conditions.
INTEREST RATE
If not specified in the special conditions, 4% above the base rate from time
to time of Barclays Bank plc. (The interest rate will also apply to judgment
debts, if applicable.)
Tel: 01633 254044 Fax: 01633 254045
Common Conditions Continued
LOT
Each separate property described in the catalogue or (as the case may be) the
property that the seller has agreed to sell and the buyer to buy (including
chattels, if any).
OLD ARREARS
Arrears due under any of the tenancies that are not “new
tenancies” as defined by the Landlord and Tenant (Covenants)
Act 1995.
PARTICULARS
The section of the catalogue that contains descriptions of each lot (as varied by
any addendum).
PRACTITIONER
An insolvency practitioner for the purposes of the Insolvency Act 1986 (or, in
relation to jurisdictions outside the United Kingdom, any similar official).
PRICE
The price that the buyer agrees to pay for the lot.
their obligations can be enforced against them jointly or against
each of them separately.
SPECIAL CONDITIONS
Those of the sale conditions so headed that relate to the lot.
TENANCIES
Tenancies, leases, licences to occupy and agreements for lease and any
documents varying or supplemental to them.
TENANCY SCHEDULE
The tenancy schedule (if any) forming part of the special conditions.
TRANSFER
Transfer includes a conveyance or assignment (and “to transfer” includes
“to convey” or “to assign”).
TUPE
The Transfer of Undertakings (Protection of Employment) Regulations
2006.
READY TO COMPLETE
Ready, willing and able to complete: if completion would enable the seller to
discharge all financial charges secured on the lot that have to be discharged by
completion, then those outstanding financial charges do not prevent the seller
from being ready to complete.
VAT
Value Added Tax or other tax of a similar nature.
SALE CONDITIONS
The general conditions as varied by any special conditions or addendum.
We (and us and our)
The auctioneers.
SALE MEMORANDUM
The form so headed (whether or not set out in the catalogue) in which the terms
of the contract for the sale of the lot are recorded.
You (and your)
Someone who has a copy of the catalogue or who
attends or bids at the auction, whether or not a buyer.
VAT option
An option to tax.
SELLER
The person selling the lot. If two or more are jointly the seller
Edition 3 August 2009
Auction Conduct Conditions
A1
A1.1
A1.2
A2
A2.1
A2.2
A2.3
A2.4
A3
A3.1
INTRODUCTION
Words in bold blue type have special meanings, which are defined in
the Glossary.
The catalogue is issued only on the basis that you accept these auction
conduct conditions. They govern our relationship with you and cannot
be disapplied or varied by the sale conditions (even by a condition
purporting to replace the whole of the Common Auction Conditions).
They can be varied only if we agree.
OUR ROLE
As agents for each seller we have authority to:
(a) prepare the catalogue from information supplied by or on behalf of
each seller;
(b) offer each lot for sale;
(c) sell each lot;
(d) receive and hold deposits;
(e) sign each sale memorandum; and
(f) treat a contract as repudiated if the buyer fails to sign a sale
memorandum or pay a deposit as required by these auction conduct
conditions.
Our decision on the conduct of the auction is final.
We may cancel the auction, or alter the order in which lots are offered
for sale. We may also combine or divide lots. A lot may be sold or
withdrawn from sale prior to the auction.
You acknowledge that to the extent permitted by law we owe you no
duty of care and you have no claim against us for any loss.
BIDDING AND RESERVE PRICES
All bids are to be made in pounds sterling exclusive of any
applicable VAT.
A3.2
A3.3
A3.4
A3.5
A3.6
A4
A4.1
A4.2
We may refuse to accept a bid. We do not have to explain why.
If there is a dispute over bidding we are entitled to resolve it, and
our decision is final.
Unless stated otherwise each lot is subject to a reserve price
(which may be fixed just before the lot is offered for sale). If no bid
equals or exceeds that reserve price the lot will be withdrawn from
the auction.
Where there is a reserve price the seller may bid (or ask us or
another agent to bid on the seller’s behalf) up to the reserve price
but may not make a bid equal to or exceeding the reserve price.
You accept that it is possible that all bids up to the reserve price are
bids made by or on behalf of the seller.
Where a guide price (or range of prices) is given that guide is the
minimum price at which, or range of prices within which, the seller
might be prepared to sell at the date of the guide price. But guide
prices may change. The last published guide price will normally be
at or above any reserve price, but not always – as the seller may fix
the final reserve price just before bidding commences.
THE PARTICULARS AND OTHER INFORMATION
We have taken reasonable care to prepare particulars that correctly
describe each lot. The particulars are based on information
supplied by or on behalf of the seller. You need to check that the
information in the particulars is correct.
If the special conditions do not contain a description of the lot, or
simply refer to the relevant lot number, you take the risk that the
description contained in the particulars is incomplete or inaccurate,
as the particulars have not been prepared by a conveyancer
and are not intended to form part of a legal contract.
Tel: 01633 254044 Fax: 01633 254045
Auction Conduct Conditions Continued
A4.3
A4.4
A5
A5.1
A5.2
A5.3
A5.4
The particulars and the sale conditions may change prior to the auction
and it is your responsibility to check that you have the correct versions.
If we provide information, or a copy of a document, provided by others
we do so only on the basis that we are not responsible for the accuracy
of that information or document.
THE CONTRACT
A successful bid is one we accept as such (normally on the fall of the
hammer). This condition A5 applies to you if you make the successful
bid for a lot.
You are obliged to buy the lot on the terms of the sale memorandum at
the price you bid plus VAT (if applicable).
You must before leaving the auction:
(a) provide all information we reasonably need from you to enable us to
complete the sale memorandum (including proof of your identity if
required by us);
(b) sign the completed sale memorandum; and
(c) pay the deposit.
If you do not we may either:
(a) as agent for the seller treat that failure as your repudiation of the
contract and offer the lot for sale again: the seller may then have a claim
against you for breach of contract; or
(b) sign the sale memorandum on your behalf.
A5.5
A5.6
A5.7
A5.8
A6
A6.1
The deposit:
(a) is to be held as stakeholder where VAT would be chargeable on
the deposit were it to be held as agent for the seller, but otherwise
is to be held as stated in the sale conditions; and
(b) must be paid in pounds sterling by cheque or by bankers’ draft
made payable to us on an approved financial institution. The extra
auction conduct conditions may state if we accept any other form
of payment.
We may retain the sale memorandum signed by or on behalf of the
seller until the deposit has been received in cleared funds.
If the buyer does not comply with its obligations under the contract
then:
(a) you are personally liable to buy the lot even if you are acting as
an agent; and
(b) you must indemnify the seller in respect of any loss the seller
incurs as a result of the buyer’s default.
Where the buyer is a company you warrant that the buyer is
properly constituted and able to buy the lot.
EXTRA AUCTION CONDUCT CONDITIONS
Despite any special condition to the contrary the minimum deposit
we accept is £2,000.00 (or the total price, if less). A special
condition may, however, require a higher minimum deposit.
General Conditions
Words in bold blue type have special meanings, which are
defined in the Glossary.
The general conditions (including any extra general conditions)
apply to the contract except to the extent that they are varied
by special conditions or by an addendum.
G1.
G1.1
G1.2
G1.3
G1.4
G1.5
G1.6
G1.7
THE LOT
The lot (including any rights to be granted or reserved, and any exclusions
from it) is described in the special conditions, or if not so described the lot
is that referred to in the sale memorandum.
The lot is sold subject to any tenancies disclosed by the special conditions,
but otherwise with vacant possession on completion.
The lot is sold subject to all matters contained or referred to in the
documents, but excluding any financial charges: these the seller must
discharge on or before completion.
The lot is also sold subject to such of the following as may affect it,
whether they arise before or after the contract date and whether or not
they are disclosed by the seller or are apparent from inspection of the lot
or from the documents:
(a) matters registered or capable of registration as local land charges;
(b) matters registered or capable of registration by any competent
authority or under the provisions of any statute;
(c) notices, orders, demands, proposals and requirements of any
competent authority;
(d) charges, notices, orders, restrictions, agreements and other matters
relating to town and country planning, highways or public health;
(e) rights, easements, quasi-easements, and wayleaves;
(f) outgoings and other liabilities;
(g) any interest which overrides, within the meaning of the Land
Registration Act 2002;
(h) matters that ought to be disclosed by the searches and enquiries a
prudent buyer would make, whether or not the buyer has made them;
and
(i) anything the seller does not and could not reasonably know about.
Where anything subject to which the lot is sold would expose the seller to
liability the buyer is to comply with it and indemnify the seller against that
liability.
The seller must notify the buyer of any notices, orders, demands,
proposals and requirements of any competent authority of which it learns
after the contract date but the buyer must comply with them
and keep the seller indemnified.
The lot does not include any tenant’s or trade fixtures or fittings.
Where chattels are included in the lot the buyer takes them as they are at
completion and the seller is not liable if they are not fit for use.
G1.9 The buyer buys with full knowledge of:
(a) the documents, whether or not the buyer has read them; and
(b) the physical condition of the lot and what could reasonably be
discovered on inspection of it, whether or not the buyer has inspected it.
G1.10 The buyer is not to rely on the information contained in the particulars but
may rely on the seller’s conveyancer’s written replies to preliminary
enquiries to the extent stated in those replies.
G1.8
G2.
G2.1
G2.2
G2.3
G2.4
G2.5
G3.
G3.1
DEPOSIT
The amount of the deposit is the greater of:
(a) any minimum deposit stated in the auction conduct conditions (or the
total price, if this is less than that minimum); and
(b) 10% of the price (exclusive of any VAT on the price).
The deposit
(a) must be paid in pounds sterling by cheque or banker’s draft drawn on
an approved financial institution (or by any other means of payment that
the auctioneers may accept); and
(b) is to be held as stakeholder unless the auction conduct conditions
provide that it is to be held as agent for the seller.
Where the auctioneers hold the deposit as stakeholder they are
authorised to release it (and interest on it if applicable) to the seller on
completion or, if completion does not take place, to the person entitled to
it under the sale conditions.
If a cheque for all or part of the deposit is not cleared on first presentation
the seller may treat the contract as at an end and bring a claim against the
buyer for breach of contract.
Interest earned on the deposit belongs to the seller unless the sale
conditions provide otherwise.
BETWEEN CONTRACT AND COMPLETION
Unless the special conditions state otherwise, the seller is to insure the lot
from and including the contract date to completion and:
(a) produce to the buyer on request all relevant insurance details;
(b) pay the premiums when due;
(c) if the buyer so requests, and pays any additional premium, use
reasonable endeavours to increase the sum insured or make other
changes to the policy;
(d) at the request of the buyer use reasonable endeavours to have the
buyer’s interest noted on the policy if it does not cover a contracting
purchaser;
(e) unless otherwise agreed, cancel the insurance at completion, apply for
Tel: 01633 254044 Fax: 01633 254045
G3.2
G3.3
G3.4
G4.
G4.1
G4.2
G4.3
G4.4
G4.5
G4.6
G5.
G5.1
a refund of premium and (subject to the rights of any tenant or other third
party) pay that refund to the buyer; and
(f) (subject to the rights of any tenant or other third party) hold on trust for
the buyer any insurance payments that the seller receives in respect of
loss or damage arising after the contract date or assign to the buyer the
benefit of any claim;
and the buyer must on completion reimburse to the
seller the cost of that insurance (to the extent not already paid by the
buyer or a tenant or other third party) for the period from and including
the contract date to completion.
No damage to or destruction of the lot nor any deterioration in its
condition, however caused, entitles the buyer to any reduction in price, or
to delay completion, or to refuse to complete.
Section 47 of the Law of Property Act 1925 does not apply.
Unless the buyer is already lawfully in occupation of the lot the buyer has
no right to enter into occupation prior to completion.
TITLE AND IDENTITY
Unless condition G4.2 applies, the buyer accepts the title of the seller to
the lot as at the contract date and may raise no requisition or objection
except in relation to any matter that occurs after the contract date.
If any of the documents is not made available before the auction the
following provisions apply:
(a) The buyer may raise no requisition on or objection to any of the
documents that is made available before the auction.
(b) If the lot is registered land the seller is to give to the buyer within five
business days of the contract date an official copy of the entries on the
register and title plan and, where noted on the register, of all
documents subject to which the lot is being sold.
(c) If the lot is not registered land the seller is to give to the buyer within
five business days an abstract or epitome of title starting from the root of
title mentioned in the special conditions (or, if none is mentioned, a good
root of title more than fifteen years old) and must produce to the buyer
the original or an examined copy of every relevant document.
(d) If title is in the course of registration, title is to consist of certified
copies of:
(i) the application for registration of title made to the land registry;
(ii) the documents accompanying that application;
(iii) evidence that all applicable stamp duty land tax relating to that
application has been paid; and
(iv) a letter under which the seller or its conveyancer agrees to use all
reasonable endeavours to answer any requisitions raised by the land
registry and to instruct the land registry to send the completed registration
documents to the buyer.
(e) The buyer has no right to object to or make requisitions on any title
information more than seven business days after that information has
been given to the buyer.
Unless otherwise stated in the special conditions the seller sells with full
title guarantee except that (and the transfer shall so provide):
(a) the covenant set out in section 3 of the Law of Property (Miscellaneous
Provisions) Act 1994 shall not extend to matters recorded in registers
open to public inspection; these are to be treated as within the actual
knowledge of the buyer; and
(b) the covenant set out in section 4 of the Law of Property
(Miscellaneous Provisions) Act 1994 shall not extend to any condition or
tenant’s obligation relating to the state or condition of the lot where the
lot is leasehold property.
The transfer is to have effect as if expressly subject to all matters subject to
which the lot is sold under the contract.
The seller does not have to produce, nor may the buyer object to or make
a requisition in relation to, any prior or superior title even if it is referred to
in the documents.
The seller (and, if relevant, the buyer) must produce to each other such
confirmation of, or evidence of, their identity and that of their mortgagees
and attorneys (if any) as is necessary for the other to be able to comply
with applicable Land Registry Rules when making application for
registration of the transaction to which the conditions apply.
TRANSFER
Unless a form of transfer is prescribed by the special conditions:
(a) the buyer must supply a draft transfer to the seller at least ten business
days before the agreed completion date and the engrossment (signed as
a deed by the buyer if condition G5.2 applies) five business days before
that date or (if later) two business days after the draft has been approved
by the seller; and
G5.2
G5.3
G6.
G6.1
G6.2
G6.3
G6.4
G6.5
G6.6
G7.
G7.1
G7.2
G7.3
G7.4
(b) the seller must approve or revise the draft transfer within five business
days of receiving it from the buyer.
If the seller remains liable in any respect in relation to the lot (or a tenancy)
following completion the buyer is specifically to covenant in the transfer to
indemnify the seller against that liability.
The seller cannot be required to transfer the lot to anyone other than the
buyer, or by more than one transfer.
COMPLETION
Completion is to take place at the offices of the seller’s conveyancer, or
where the seller may reasonably require, on the agreed completion date.
The seller can only be required to complete on a business day and
between the hours of 0930 and 1700.
The amount payable on completion is the balance of the price adjusted to
take account of apportionments plus (if applicable) VAT and interest.
Payment is to be made in pounds sterling and only by:
(a) direct transfer to the seller’s conveyancer’s client account; and
(b) the release of any deposit held by a stakeholder.
Unless the seller and the buyer otherwise agree, completion cannot take
place until both have complied with their obligations under the contract
and the balance of the price is unconditionally received in the seller’s
conveyancer’s client account.
If completion takes place after 1400 hours for a reason other than the
seller’s default it is to be treated, for the purposes of apportionment and
calculating interest, as if it had taken place on the next business day.
Where applicable the contract remains in force following completion.
NOTICE TO COMPLETE
The seller or the buyer may on or after the agreed completion date but
before completion give the other notice to complete within ten business
days (excluding the date on which the notice is given) making time of
the essence.
The person giving the notice must be ready to complete.
If the buyer fails to comply with a notice to complete the seller may,
without affecting any other remedy the seller has:
(a) terminate the contract;
(b) claim the deposit and any interest on it if held by a stakeholder;
(c) forfeit the deposit and any interest on it;
(d) resell the lot; and
(e) claim damages from the buyer.
If the seller fails to comply with a notice to complete the buyer may,
without affecting any other remedy the buyer has:
(a) terminate the contract; and
(b) recover the deposit and any interest on it from the seller or, if
applicable, a stakeholder.
G8.
IF THE CONTRACT IS BROUGHT TO AN END
If the contract is lawfully brought to an end:
(a) the buyer must return all papers to the seller and appoints the seller its
agent to cancel any registration of the contract; and
(b) the seller must return the deposit and any interest on it to the buyer
(and the buyer may claim it from the stakeholder, if applicable) unless the
seller is entitled to forfeit the deposit under condition G7.3.
G9.
G9.1
LANDLORD’S LICENCE
Where the lot is or includes leasehold land and licence to assign is
required this condition G9 applies.
The contract is conditional on that licence being obtained, by way of
formal licence if that is what the landlord lawfully requires.
The agreed completion date is not to be earlier than the date five business
days after the seller has given notice to the buyer that licence has been
obtained.
The seller must:
(a) use all reasonable endeavours to obtain the licence at the seller’s
expense; and
(b) enter into any authorised guarantee agreement properly required.
The buyer must:
(a) promptly provide references and other relevant information; and
(b) comply with the landlord’s lawful requirements.
If within three months of the contract date (or such longer period as the
seller and buyer agree) the licence has not been obtained the seller or the
buyer may (if not then in breach of any obligation under this condition
G9) by notice to the other terminate the contract at any time
before licence is obtained. That termination is without prejudice to the
claims of either seller or buyer for breach of this condition G9.
G9.2
G9.3
G9.4
G9.5
G9.6
Tel: 01633 254044 Fax: 01633 254045
G10. INTEREST AND APPORTIONMENTS
G10.1 If the actual completion date is after the agreed completion date for any
reason other than the seller’s default the buyer must pay interest at the
interest rate on the price (less any deposit paid) from the agreed
completion date up to and including the actual completion date.
G10.2 Subject to condition G11 the seller is not obliged to apportion or account
for any sum at completion unless the seller has received that sum in
cleared funds. The seller must pay to the buyer after completion any sum
to which the buyer is entitled that the seller subsequently receives in
cleared funds.
G10.3 Income and outgoings are to be apportioned at actual completion date
unless:
(a) the buyer is liable to pay interest; and
(b) the seller has given notice to the buyer at any time up to completion
requiring apportionment on the date from which interest becomes
payable by the buyer;
in which event income and outgoings are to be apportioned on the date
from which interest becomes payable by the buyer.
G10.4 Apportionments are to be calculated on the basis that:
(a) the seller receives income and is liable for outgoings for the whole of
the day on which apportionment is to be made;
(b) annual income and expenditure accrues at an equal daily rate
assuming 365 days in a year, and income and expenditure relating to
some other period accrues at an equal daily rate during the period to
which it relates; and
(c) where the amount to be apportioned is not known at completion
apportionment is to be made by reference to a reasonable estimate and
further payment is to be made by seller or buyer as appropriate within five
business days of the date when the amount is known.
G11. ARREARS
Part 1 Current rent
G11.1 “Current rent” means, in respect of each of the tenancies subject to which
the lot is sold, the instalment of rent and other sums payable by the tenant
in advance on the most recent rent payment date on or within four
months preceding completion.
G11.2 If on completion there are any arrears of current rent the buyer must pay
them, whether or not details of those arrears are given in the special
conditions.
G11.3 Parts 2 and 3 of this condition G11 do not apply to arrears of current rent.
Part 2 Buyer to pay for arrears
G11.4 Part 2 of this condition G11 applies where the special conditions give
details of arrears.
G11.5 The buyer is on completion to pay, in addition to any other money then
due, an amount equal to all arrears of which details are set out in the
special conditions.
G11.6 If those arrears are not old arrears the seller is to assign to the buyer all
rights that the seller has to recover those arrears.
Part 3 Buyer not to pay for arrears
G11.7 Part 3 of this condition G11 applies where the special conditions:
(a) so state; or
(b) give no details of any arrears.
G11.8 While any arrears due to the seller remain unpaid the buyer must:
(a) try to collect them in the ordinary course of management but need not
take legal proceedings or forfeit the tenancy;
(b) pay them to the seller within five business days of receipt in cleared
funds (plus interest at the interest rate calculated on a daily basis for each
subsequent day’s delay in payment);
(c) on request, at the cost of the seller, assign to the seller or as the seller
may direct the right to demand and sue for old arrears, such assignment
to be in such form as the seller’s conveyancer may reasonably require;
(d) if reasonably required, allow the seller’s conveyancer to have on loan
the counterpart of any tenancy against an undertaking to hold it to the
buyer’s order;
(e) not without the consent of the seller release any tenant or surety from
liability to pay arrears or accept a surrender of or forfeit any tenancy under
which arrears are due; and
(f) if the buyer disposes of the lot prior to recovery of all arrears obtain
from the buyer’s successor in title a covenant in favour of the seller in
similar form to part 3 of this condition G11.
G11.9 Where the seller has the right to recover arrears it must not without the
buyer’s written consent bring insolvency proceedings against a tenant or
seek the removal of goods from the lot.
G12. MANAGEMENT
G12.1 This condition G12 applies where the lot is sold subject to tenancies.
G12.2 The seller is to manage the lot in accordance with its standard
management policies pending completion.
G12.3 The seller must consult the buyer on all management issues that would
affect the buyer after completion (such as, but not limited to, an
application for licence; a rent review; a variation, surrender, agreement to
surrender or proposed forfeiture of a tenancy; or a new tenancy or
agreement to grant a new tenancy) and:
(a) the seller must comply with the buyer’s reasonable requirements
unless to do so would (but for the indemnity in paragraph (c)) expose the
seller to a liability that the seller would not otherwise have, in which case
the seller may act reasonably in such a way as to avoid that liability;
(b) if the seller gives the buyer notice of the seller’s intended act and the
buyer does not object within five business days giving reasons for the
objection the seller may act as the seller intends; and
(c) the buyer is to indemnify the seller against all loss or liability the seller
incurs through acting as the buyer requires, or by reason of delay caused
by the buyer.
G13. RENT DEPOSITS
G13.1 This condition G13 applies where the seller is holding or otherwise
entitled to money by way of rent deposit in respect of a tenancy. In this
condition G13 “rent deposit deed” means the deed or other document
under which the rent deposit is held.
G13.2 If the rent deposit is not assignable the seller must on completion hold the
rent deposit on trust for the buyer and, subject to the terms of the rent
deposit deed, comply at the cost of the buyer with the buyer’s lawful
instructions.
G13.3 Otherwise the seller must on completion pay and assign its interest in the
rent deposit to the buyer under an assignment in which the buyer
covenants with the seller to:
(a) observe and perform the seller’s covenants and conditions in the rent
deposit deed and indemnify the seller in respect of any breach;
(b) give notice of assignment to the tenant; and
(c) give such direct covenant to the tenant as may be required by the rent
deposit deed.
G14. VAT
G14.1 Where a sale condition requires money to be paid or other consideration
to be given, the payer must also pay any VAT that is chargeable on that
money or consideration, but only if given a valid VAT invoice.
G14.2 Where the special conditions state that no VAT option has been made the
seller confirms that none has been made by it or by any company in the
same VAT group nor will be prior to completion.
G15. TRANSFER AS A GOING CONCERN
G15.1 Where the special conditions so state:
(a) the seller and the buyer intend, and will take all practicable steps (short
of an appeal) to procure, that the sale is treated as a transfer of a going
concern; and
(b) this condition G15 applies.
G15.2 The seller confirms that the seller
(a) is registered for VAT, either in the seller’s name or as a member of the
same VAT group; and
(b) has (unless the sale is a standard-rated supply) made in relation to the
lot a VAT option that remains valid and will not be revoked before
completion.
G15.3 The buyer confirms that:
(a) it is registered for VAT, either in the buyer’s name or as a member of a
VAT group;
(b) it has made, or will make before completion, a VAT option in relation
to the lot and will not revoke it before or within three months after
completion;
(c) article 5(2B) of the Value Added Tax (Special Provisions) Order 1995
does not apply to it; and
(d) it is not buying the lot as a nominee for another person.
G15.4 The buyer is to give to the seller as early as possible before the agreed
completion date evidence:
(a) of the buyer’s VAT registration;
(b) that the buyer has made a VAT option; and
(c) that the VAT option has been notified in writing to HM Revenue and
Customs;
and if it does not produce the relevant evidence at least two business days
before the agreed completion date, condition G14.1 applies at
completion.
G15.5 The buyer confirms that after completion the buyer intends to:
(a) retain and manage the lot for the buyer’s own benefit as a
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G15.6
G16.
G16.1
G16.2
G16.3
G16.4
continuing business as a going concern subject to and with the benefit
of the tenancies; and
(b) collect the rents payable under the tenancies and charge VAT on
them
If, after completion, it is found that the sale of the lot is not a transfer of a
going concern then:
(a) the seller’s conveyancer is to notify the buyer’s conveyancer of that
finding and provide a VAT invoice in respect of the sale of the lot;
(b) the buyer must within five business days of receipt of the VAT
invoice pay to the seller the VAT due; and
(c) if VAT is payable because the buyer has not complied with this
condition G15, the buyer must pay and indemnify the seller against all
costs, interest, penalties or surcharges that the seller incurs as a result.
CAPITAL ALLOWANCES
This condition G16 applies where the special conditions state that there
are capital allowances available in respect of the lot.
The seller is promptly to supply to the buyer all information reasonably
required by the buyer in connection with the buyer’s claim for capital
allowances.
The value to be attributed to those items on which capital allowances
may be claimed is set out in the special conditions.
The seller and buyer agree:
(a) to make an election on completion under Section 198 of the Capital
Allowances Act 2001 to give effect to this condition G16; and
(b) to submit the value specified in the special conditions to HM
Revenue and Customs for the purposes of their respective capital
allowance computations.
“Transferring Employees”). This notification must be given to the buyer
not less than 14 days before completion.
(b) The buyer confirms that it will comply with its obligations under
TUPE and any special conditions in respect of the Transferring
Employees.
(c) The buyer and the seller acknowledge that pursuant and subject to
TUPE, the contracts of employment between the Transferring
Employees and the seller will transfer to the buyer on completion.
(d) The buyer is to keep the seller indemnified against all liability for the
Transferring Employees after completion.
G21.
G21.1
G21.2
G21.3
G22.
G22.1
G22.2
G22.3
G17.
G17.1
G17.2
G18.
G18.1
G18.2
G19.
G19.1
G19.2
G19.3
G19.4
G19.5
G19.6
G20.
G20.1
G20.2
MAINTENANCE AGREEMENTS
The seller agrees to use reasonable endeavours to transfer to the buyer,
at the buyer’s cost, the benefit of the maintenance agreements
specified in the special conditions.
The buyer must assume, and indemnify the seller in respect of, all
liability under such contracts from the actual completion date.
LANDLORD AND TENANT ACT 1987
This condition G18 applies where the sale is a relevant disposal for the
purposes of part I of the Landlord and Tenant Act 1987.
The seller warrants that the seller has complied with sections 5B and 7
of that Act and that the requisite majority of qualifying tenants has not
accepted the offer.
SALE BY PRACTITIONER
This condition G19 applies where the sale is by a practitioner either as
seller or as agent of the seller.
The practitioner has been duly appointed and is empowered to sell
the lot.
Neither the practitioner nor the firm or any member of the firm to which
the practitioner belongs has any personal liability in connection with the
sale or the performance of the seller’s obligations. The transfer is to
include a declaration excluding that personal liability.
The lot is sold:
(a) in its condition at completion;
(b) for such title as the seller may have; and
(c) with no title guarantee;
and the buyer has no right to terminate the contract or any other
remedy if information provided about the lot is inaccurate, incomplete
or missing.
Where relevant:
(a) the documents must include certified copies of those under which
the practitioner is appointed, the document of appointment and the
practitioner’s acceptance of appointment; and
(b) the seller may require the transfer to be by the lender exercising its
power of sale under the Law of Property Act 1925.
The buyer understands this condition G19 and agrees that it is fair in
the circumstances of a sale by a practitioner.
TUPE
If the special conditions state “There are no employees to which TUPE
applies”, this is a warranty by the seller to this effect.
If the special conditions do not state “There are no employees to which
TUPE applies” the following paragraphs apply:
(a) The seller must notify the buyer of those employees whose
contracts of employment will transfer to the buyer on completion (the
G22.4
G22.5
G22.6
G23.
G23.1
G23.2
G23.3
ENVIRONMENTAL
This condition G21 only applies where the special conditions so
provide.
The seller has made available such reports as the seller has as to the
environmental condition of the lot and has given the buyer the
opportunity to carry out investigations (whether or not the buyer has
read those reports or carried out any investigation) and the buyer
admits that the price takes into account the environmental condition of
the lot.
The buyer agrees to indemnify the seller in respect of all liability for or
resulting from the environmental condition of the lot.
SERVICE CHARGE
This condition G22 applies where the lot is sold subject to tenancies
that include service charge provisions.
No apportionment is to be made at completion in respect of service
charges.
Within two months after completion the seller must provide to the
buyer a detailed service charge account for the service charge year
current on completion showing:
(a) service charge expenditure attributable to each tenancy;
(b) payments on account of service charge received from each tenant;
(c) any amounts due from a tenant that have not been received;
(d) any service charge expenditure that is not attributable to any
tenancy and is for that reason irrecoverable.
In respect of each tenancy, if the service charge account shows that:
(a) payments on account (whether received or still then due from a
tenant) exceed attributable service charge expenditure, the seller must
pay to the buyer an amount equal to the excess when it provides the
service charge account;
(b) attributable service charge expenditure exceeds payments on
account (whether those payments have been received or are still then
due), the buyer must use all reasonable endeavours to recover the
shortfall from the tenant at the next service charge reconciliation date
and pay the amount so recovered to the seller within five business days
of receipt in cleared funds;
but in respect of payments on account that are still due from a tenant
condition G11 (arrears) applies.
In respect of service charge expenditure that is not attributable to any
tenancy the seller must pay the expenditure incurred in respect of the
period before actual completion date and the buyer must pay the
expenditure incurred in respect of the period after actual completion
date. Any necessary monetary adjustment is to be made within five
business days of the seller providing the service charge account to the
buyer.
If the seller holds any reserve or sinking fund on account of future
service charge expenditure or a depreciation fund:
(a) the seller must pay it (including any interest earned on it) to the
buyer on completion; and
(b) the buyer must covenant with the seller to hold it in accordance
with the terms of the tenancies and to indemnify the seller if it does not
do so.
RENT REVIEWS
This condition G23 applies where the lot is sold subject to a tenancy
under which a rent review due on or before the actual completion date
has not been agreed or determined.
The seller may continue negotiations or rent review proceedings up to
the actual completion date but may not agree the level of the revised
rent or commence rent review proceedings without the written
consent of the buyer, such consent not to be unreasonably withheld
or delayed.
Following completion the buyer must complete rent review
negotiations or proceedings as soon as reasonably practicable but may
Tel: 01633 254044 Fax: 01633 254045
G23.5
G23.6
G23.7
G23.8
G24.
G24.1
G24.2
G24.3
G24.4
G24.5
G25.
G25.1
G25.2
TENANCY RENEWALS
This condition G24 applies where the tenant under a tenancy has the
right to remain in occupation under part II of the Landlord and Tenant
Act 1954 (as amended) and references to notices and proceedings are
to notices and proceedings under that Act.
Where practicable, without exposing the seller to liability or penalty, the
seller must not without the written consent of the buyer (which the
buyer must not unreasonably withhold or delay) serve or respond to
any notice or begin or continue any proceedings.
If the seller receives a notice the seller must send a copy to the buyer
within five business days and act as the buyer reasonably directs in
relation to it.
Following completion the buyer must:
(a) with the co-operation of the seller take immediate steps to substitute
itself as a party to any proceedings;
(b) use all reasonable endeavours to conclude any proceedings or
negotiations for the renewal of the tenancy and the determination of
any interim rent as soon as reasonably practicable at the best rent or
rents reasonably obtainable; and
(c) if any increased rent is recovered from the tenant (whether as
interim rent or under the renewed tenancy) account to the seller for the
part of that increase that relates to the seller’s period of ownership of
the lot within five business days of receipt of cleared funds.
The seller and the buyer are to bear their own costs in relation to the
renewal of the tenancy and any proceedings relating to this.
WARRANTIES
Available warranties are listed in the special conditions.
Where a warranty is assignable the seller must:
(a) on completion assign it to the buyer and give notice of assignment
to the person who gave the warranty; and
(b) apply for (and the seller and the buyer must use all reasonable
endeavours to obtain) any consent to assign that is required. If consent
has not been obtained by completion the warranty must be assigned
within five business days after the consent has been obtained.
G25.3
If a warranty is not assignable the seller must after completion:
(a) hold the warranty on trust for the buyer; and
(b) at the buyer’s cost comply with such of the lawful instructions of the
buyer in relation to the warranty as do not place the seller in breach of
its terms or expose the seller to any liability or penalty.
G26.
NO ASSIGNMENT
The buyer must not assign, mortgage or otherwise transfer or part with
the whole or any part of the buyer’s interest under this contract.
G27.
G27.1
REGISTRATION AT THE LAND REGISTRY
This condition G27.1 applies where the lot is leasehold and its sale
either triggers first registration or is a registrable disposition. The buyer
must at its own expense and as soon as practicable:
(a) procure that it becomes registered at Land Registry as proprietor of
the lot;
(b) procure that all rights granted and reserved by the lease under
which the lot is held are properly noted against the affected titles; and
(c) provide the seller with an official copy of the register relating to such
lease showing itself registered as proprietor.
This condition G27.2 applies where the lot comprises part of a
registered title. The buyer must at its own expense and as soon as
practicable:
(a) apply for registration of the transfer;
(b) provide the seller with an official copy and title plan for the buyer’s
new title; and
(c) join in any representations the seller may properly make to Land
Registry relating to the application.
G27.2
G28.
G28.1
G28.2
G28.3
G28.4
NOTICES AND OTHER COMMUNICATIONS
All communications, including notices, must be in writing.
Communication to or by the seller or the buyer may be given to or by
their conveyancers.
A communication may be relied on if:
(a) delivered by hand; or
(b) made electronically and personally acknowledged (automatic
acknowledgement does not count); or
(c) there is proof that it was sent to the address of the person to whom
it is to be given (as specified in the sale memorandum) by a postal
service that offers normally to deliver mail the next following
business day.
A communication is to be treated as received:
(a) when delivered, if delivered by hand; or
(b) when personally acknowledged, if made electronically;
but if delivered or made after 1700 hours on a business day a
communication is to be treated as received on the next business day.
A communication sent by a postal service that offers normally to deliver
mail the next following business day will be treated as received on the
second business day after it has been posted.
G29.
CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999
No one is intended to have any benefit under the contract pursuant to
the Contract (Rights of Third Parties) Act 1999.
G30.
EXTRA SPECIAL DETAILS
See Auctioneers for details
Produced by Newport Printing Co. www.newportprinting.co.uk
G23.4
not agree the level of the revised rent without the written consent of
the seller, such consent not to be unreasonably withheld or delayed.
The seller must promptly:
(a) give to the buyer full details of all rent review negotiations and
proceedings, including copies of all correspondence and other papers;
and
(b) use all reasonable endeavours to substitute the buyer for the seller
in any rent review proceedings.
The seller and the buyer are to keep each other informed of the
progress of the rent review and have regard to any proposals the other
makes in relation to it.
When the rent review has been agreed or determined the buyer must
account to the seller for any increased rent and interest recovered from
the tenant that relates to the seller’s period of ownership within five
business days of receipt of cleared funds.
If a rent review is agreed or determined before completion but the
increased rent and any interest recoverable from the tenant has not
been received by completion the increased rent and any interest
recoverable is to be treated as arrears.
The seller and the buyer are to bear their own costs in relation to rent
review negotiations and proceedings.
Tel: 01633 254044 Fax: 01633 254045
Memorandum of Sale
Auction date:
Agreement date:
Lot No.
Sellers name:
Sellers address
Post code:
Telephone:
Buyer’s name:
Buyer’s address:
Post code:
Telephone:
Property:
Completion date:
Deposit £:
Balance £:
Purchase Price:
Plus Buyer’s Premium of: 1% or £350.00
Total paid:
Buyers conveyancer:
Contact:
Address:
Post code:
The seller acknowledges that he has agreed to sell and the buyer acknowledges that he has agreed to buy the property
mentioned above at the Purchase Price, subject to the Standard, General and Special Conditions of Sale.
The Auctioneer acknowledges receipt of the deposit as agent for the seller.
Signed by or on behalf of the Buyer:
Signed as agent for the Seller:
Paul Fosh Auctions Ltd. Registered Office: 87 Church Road, Newport, South Wales NP19 7EH. Registered in England & Wales 4276607

auction - Paul Fosh Auctions

Transcription

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