Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Ipswich Auction
Wednesday 25th July 2018
6.30pm
Lots 32 - 39
NORWICH
Wednesday 25th July 2018
11.00am
The Sunningdale Suite
Dunston Hall Hotel
Ipswich Road
Norwich NR14 8PQ
IPSWICH
Wednesday 25th July 2018
6.30pm
The Wolsey Room
Holiday Inn
London Road
Ipswich IP2 0UA
KINGS LYNN
Friday 27th July 2018
12.00 noon
The Ballroom
Dukes Head Hotel
5-6 Tuesday Market Place
King’s Lynn PE30 1JS
auctionhouse.co.uk/eastanglia
MESSAGE FROM THE AUCTIONEERS
We are enjoying a buoyant period of auction activity which was demonstrated by the 49 lots sold in our
June auctions raising nearly £7 million.
Our July catalogue has over 50 lots spread across the eastern region and is packed with opportunities
that will appeal to our regular buyers and newcomers alike. As always, our properties are offered at
sensible guides and we look forward to seeing many of you at our open days.
We were worthy winners of the best large auctioneers 2018 award which was presented at Auction House
UK’s annual conference in Leamington Spa. We were thrilled to win this team award. We were up against
many of the best regional auctioneers in the country and our East Anglian results surpassed all others.
We have risen to the top this year, are stand out market leaders locally and in June delivered our largest
and most successful auction ever. A big thank you to the sellers, buyers and partner agents who have
helped make this achievement possible.
Norfolk’s inaugural Norfolk Day takes place on Friday 27th July. Its aim is to be a day where we celebrate
what we love about our county. We want everyone to love Norfolk and enjoy what it has to offer whether
you are a visitor or a resident. We have our Kings Lynn auction on Norfolk day so do come along and
celebrate with us.
Our next auctions are scheduled for 13th and 14th September with a closing date for entries in early
August. We are already taking instructions for this sale and if you have land or property that needs to be
sold, please call the Auction experts on (01603) 505100 for free impartial advice
13th September 2018 (Norwich) • 13th September 2018 (Ipswich) • 14th September 2018 (Peterborough)
25th October 2018 (Norwich) • 25th October 2018 (Ipswich) • 26th October 2018 (Kings Lynn)
We are continually taking entries for our future auctions and are happy to provide free, no obligation advice on any potential auction lot.
Please call us on (01603) 505100.
AUCTION INFORMATION
Administration Charge Purchasers will be required to pay an Pre Auction Sales Offers made on property included in this auction
administration charge of 0.3% inc VAT of the purchase price, subject may be accepted by the Vendor prior to the auction. If you are
to a minimum of £840.00 (£700.00 + VAT) or the fixed figure as intending to bid at the auction for a specific lot, we recommend that
stated in the property details. you keep in contact with the Auctioneer's office.
Attending the Auction It is always wise to allow sufficient time to The Auctioneers or Vendors cannot be held responsible for costs
get to the auction. Legal packs for most of the properties will be incurred in respect of any lot which is withdrawn or sold prior to
available for inspection. It is important you read these and the final auction.
addendum/amendment sheet which will also be available as any
purchase will be subject to these. Post Auction Sales If a property you are interested in is not sold
during the auction please speak to the Auctioneer and make an offer
Bidding Each property will be offered individually by the Auctioneer.
at, above or below the Guide. Your offer will be put forward to the
Ensure that your bids are clear and noticed by the Auctioneer. If you
Vendor and if accepted, you will be able to proceed with your
are successful in bidding for the property you will be approached by
purchase under auction rules.
a member of Auction House staff who will request your personal
information and identification. You will then be guided to our Proof of Identification In order to comply with Anti-Money
administration area and then the cashier desk for payment of the Laundering regulations we ask that all prospective purchasers provide
deposit. Proof of Identity and Residence. Please bring your passport or
Bidding by Proxy or Telephone If you are unable to attend the photographic UK driving licence and a recent utility bill, bank
auction you are invited to contact us to discuss special arrangements statement or council tax bill to the auction. If purchasing on behalf
for bidding by proxy or telephone. A Non-Attending Bid or Telephone of a company you will also need a letter of authority on company
Bid form and conditions are included in auction catalogues or can be letterhead. We will carry out Electronic AML checks on successful
downloaded from the Bidding Form links on our website. buyers and remote bidders. It will include a search with Experian who
may check the details you supply against any particulars on any
Buyers Premium Purchasers of some lots will be required to pay a
database (public or otherwise) to which they have access. They may
Buyers Premium to the auctioneer in addition to the deposit - see
also use your details in the future to assist other companies for
individual property details.
verification purposes. A record of the search will be retained.
Deposit When you sign the Memorandum of Sale you will be asked
to pay a deposit of 10% of the purchase price subject to a minimum Reserve Price Each property will be offered subject to a reserve price
deposit of £5,000. Deposits can only be paid by electronic bank which we expect will be set within the guide price range or no more
transfer, bankers draft, personal cheque, debit card or building society than 10% above a single figure guide. This is a confidential figure set
cheque. Cash or credit card payments will not be accepted. Please between the Vendor and the Auctioneer just prior to the auction. It
note, should the cheque have to be represented, a processing charge is a figure below which the Auctioneer cannot sell the property during
of £60.00 (£50.00 + VAT) will be charged by deduction from the the auction. After the auction offers will be sought and considered
deposit. on Unsold Lots at prices below the reserves.
Disbursements Some disbursements may become payable by the Solicitors Details The name, address and telephone number of the
purchaser on completion, these will be detailed in the Special solicitor who will be acting for you in any purchase will be required
Conditions of Sale within the property’s Legal Pack. before you leave the auction room.
Disclaimer Particulars on the website and within our catalogue are The Catalogue Details of the property and land to be sold are set
believed to be correct but their accuracy is not guaranteed. out in our catalogue and on our website auctionhouse.co.uk All lots
Information relating to Rating matters has been obtained by verbal are sold subject to Special Conditions of Sale. It is important that
enquiry only. Prospective purchasers are advised to make their own prospective purchasers satisfy themselves as to the location,
enquiries of the appropriate Authority. All measurements, areas and boundaries, condition and state of the lots before the auction.
distances are approximate only. Potential purchasers are advised to
check them. The Contract The Memorandum of Sale will be signed in duplicate.
One copy will be given to you, which you must give to your solicitor.
Energy Performance Certificates (EPCs) Where required we include
The second copy will be retained by the Vendors’ solicitor. Completion
EPC ratings within Full Details and on the lot page within our
usually takes place after 28 days but this date can vary. The legal
catalogue. When available EPC Graphs can be viewed online at
pack of each property will state the completion date due. The date
auctionhouse.co.uk.
may also be announced immediately prior to the commencement of
General Data Protection Regulations (GDPR) This defines new bidding of each lot.
customer rights and company obligations introduced on 25th May
2018. For full details please refer to the Privacy Policy showing on The Legal Aspect Buying at auction is a contractual commitment.
our website www.auctionhouse.co.uk/eastanglia. Before making an offer prior to auction or bidding at the auction or
post auction, it is advisable to consult a solicitor regarding the
*Guide Prices Guide prices quoted online and in the catalogue are
General and Special Conditions of Sale, the local authority search and
provided as an indication of each seller’s minimum expectation. They
other legal documentation.
are not necessarily figures which a property will sell for and may
change at any time prior to the auction. The sale price will be Viewing Due to the nature and condition of auction properties we
dependent on bidding in the auction room and on the Vendors' highlight the potential risk that viewing such properties carries and
instructions. advise all to proceed with caution and take necessary requirements
Insurance On some properties the seller will continue to insure to ensure their own safety whilst viewing any lot in this catalogue.
through to completion. Others will need to be insured by the Viewings are conducted entirely at your own risk, these properties
purchaser, and auctioneers advice to all purchasers is that they are not owned or controlled by Auction House and we cannot be held
should consider insuring from the date of exchange. liable for loss or injury caused while viewing or accessing any Lot.
Plans, Maps and Photographs The plans, floorplans, maps, Due to the nature of some auction properties, electricity may not be
photograph’s and video tours published on our website and in the turned on therefore viewing times are restricted. Viewers will also
catalogue are to aid identification of the property only. The plans are have to bring their own lighting/ladders if wanting to inspect
not to scale. cupboards, cellars and roof spaces.
***Please refer to the common auction conditions included on our website or at the back of our catalogue***
INTRODUCING ESTATE AGENTS
A selection of our loyal Joint Agents from across all regions
Wiseman
Commercial
07805 713081
wisemancommercial.co.uk
4 Conifers, The Green, Hickling NR12 0YA £70,000 - £90,000 Residential Investment
9 Land adjacent to 420 Dereham Road, Norwich NR5 8QB £140,000 - £160,000 Building Land
12 Reeders Barn, Pansthorne Farm, Redgrave Road, South Lopham IP22 2HL £400,000 - £500,000 Mixed Use
13 56 Lime Tree Avenue, Wymondham NR18 0HH £60,000 - £70,000 Residential Investment
16 12 High Street, East Runton, Cromer NR27 9NX £30,000 - £40,000 Commercial Investment
19 Flat 3, 12 -14 Quebec Street, Dereham NR19 2DJ £45,000 - £55,000 Residential
20 Ashleigh Farm, Wood Lane, Pulham Market, Diss IP21 4XU £250,000 Residential
21 Moat Farm, Upgate Street, Bedingham, Bungay NR35 2AT £575,000 Residential
22 1 Exmouth Place, Albion Road, Great Yarmouth NR30 2HP £130,000 - £150,000 Residential/redevelopment
23 Tipplers, 5-6 Saxon Road, Great Yarmouth NR30 2HX £110,000-£130,000 Public House
27 Shop 1, The Old Feathers, Market Street, North Walsham NR28 9BZ £20,000 - £30,000 Commercial
27A Shop 2, The Old Feathers, Market Street, North Walsham NR28 9BZ £30,000 - £40,000 Commercial
28 Flat 1 The Old Feathers, Market Street, North Walsham NR29 9BZ £35,000 - £45,000 Residential
28A Flat 2 The Old Feathers, Market Street, North Walsham NR29 9BZ £30,000 - £40,000 Residential
29 Barns 1 and 2 The Old Feathers, Market Street, North Walsham NR28 9BZ £70,000 - £90,000 Barn Conversion
31 3 Eastern Close, Caister-on-Sea, Great Yarmouth NR30 5HT £90,000 - £110,000 Residential
34 60 Chapel Lane, Great Blakenham, Ipswich IP6 0JZ £120,000 - £140,000 Residential Investment
35 64 Chapel Lane, Great Blakenham, Ipswich IP6 0JZ £120,000 - £140,000 Residential Investment
36 Building Land to the rear of 391 Bramford Road, Ipswich IP1 4AZ £525,000+ Building Land
38 155 Paper Mill Lane, Bramford, Ipswich IP8 4BY £120,000 - £140,000 Residential Investment
39 Apartment 5, 29 Old Station Road, Newmarket CB8 8DT £125,000+ Residential Investment
39a 12A Gowers End, Glemsford, Sudbury CO10 7UF £55,000+ Residential
42 The Old Chapel and Chapel Cottage, Main Road, Narborough PE32 1TE £175,000 Residential
43 36a South Shore Caravan Park, South Beach Road, Hunstanton PE36 5BA £5,000 - £10,000 Beach Hut
46 The Decoy Inn, Werrington Bridge Road, Peterborough PE6 7PP £180,000+ Commercial
48 Ground floor shops – 1-2 Vine House, 3 Oak Street, Fakenham NR21 9DX £80,000 - £100,000 Commercial Investment
50 26a London Road, Kings Lynn PE30 5PY £30,000 - £40,000 Residential
51 1 New Barn Cottages, Puddock Road, Warboys, Huntingdon PE28 2UB SOLD PRIOR Residential
53 Plots 6 & 7 River Walk, Stoke Ferry, Downham Market PE38 9SZ £20,000 - £30,000 Mooring Plots
Lots 1 - 31
(unless previously sold or withdrawn)
Lot Introducers
Commercial Investment 1
16 St Andrews Street, Norwich, NR2 4AE
*GUIDE PRICE: £50,000 - £70,000 (plus fees)
The property is let to a hairdresser, which trades as "Pinki and Perki" and
the tenant has been in occupation for over twenty years. The tenant has
signed a new fifteen year lease at £5,000pa with effect from 18th January
2018.
Description:
Ground Floor: Waiting room, main shop area, utility and w.c.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 2
80A King Street, Norwich, NR1 1PG
*GUIDE PRICE: £100,000 - £120,000 (plus fees)
The property is sold on a 125 year lease with effect from 2008 (115 years
unexpired) with a £50 ground rent. Further details will be found in the legal
pack.
Description:
Lower Ground Floor: Cellar
Ground Floor: Entrance hall, kitchen, sitting room, bedroom, bathroom
Outside: Secure gated entrance into communal courtyard
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential Investment 3
56 Cannerby Lane, Sprowston, NR7 8NF
*GUIDE PRICE: £120,000 - £140,000 (plus fees)
Accommodation:
Ground Floor: Entrance hall, lounge, two bedrooms, kitchen, bathroom
Outside: Front and rear gardens, garage.
Tenancy:
The registered rent is £474.50 pcm, registered on 16th September 2016.
Rent register number R30880599.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential Investment 4
Conifers, The Green, Hickling, NR12 0YA
*GUIDE PRICE: £70,000 - £90,000 (plus fees)
The property is full of character and well placed for access to Hickling Broad
and local village amenities. A more comprehensive range of shops and
facilities can be found in the nearby town of Stalham.
Description:
Ground Floor: Sitting room, kitchen, rear lobby, bathroom
First Floor: Two bedrooms
Outside: Small front garden, courtyard-style rear garden with path to
further sheltered garden area.
Tenancy:
The property is currently let for £150pcm (£1,800pa) on an un-registered
rent.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
“ $XFWLRQÀQDQFH
WKDWKHOSVZLWK
FDVKÁRZZKHQ
\RXQHHGLW
PRVW7KDW·V
FRPPRQVHQVH”
2XUORZHVWHYHU
PRQWKO\UDWHIURP
*
)RUFRPPRQVHQVHDXFWLRQÀQDQFH
with our lowest ever monthly rate,
call 0161 933 71.
togethermoney.com/monthlyrate
The property is in walking distance of local shops and within one mile of the
city centre, where a comprehensive range of shops and amenities can be
found. Regular bus services are also nearby.
Accommodation:
Ground Floor: Lounge (bedroom 1), living room, kitchen, bathroom
First Floor: Three bedrooms (third bedroom through second)
Outside: Small front garden, rear garden with pedestrian right of way.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 6
92 Violet Road, Norwich, NR3 4TS
*GUIDE PRICE: £130,000 - £150,000 (plus fees)
The property does have gas-fired central heating and double glazing and sits in
well-propotioned gardens with ample off-road parking and single garage.
Violet Road lies to the north of Norwich centre within walking distance of local
shops and amenities.
Description:
Ground Floor: Side entrance hall, lounge, kitchen, three bedrooms, shower
room
Outside: Gardens, single garage, off-road parking.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 7
2 Laundry Close, Thorpe St Andrew, Norwich, NR7 0XH
*GUIDE PRICE: £250,000+ (plus fees)
The property has been in the same family ownership for approaching 50 years and is now being sold with
vacant possession and is in need of modernisation and repair. The chalet has a gas-fired central heating
system, has an attractive outlook over private gardens and is located on a short private roadway close to
St Williams Way.
Accommodation:
Ground Floor: Entrance hall, cloakroom, lounge/dining room, kitchen/breakfast room, study/bedroom 4
First Floor: Landing, three bedrooms, bathroom, separate w.c.
Outside: Front garden with off-road parking area, single attached garage, full enclosed sheltered rear
garden.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 8
Plantation House, Earlham Road, Norwich, NR2 3DB
*GUIDE PRICE: £375,000 (plus fees)
Substantial and imposing Grade II listed Victorian detached house overlooking Plantation Gardens, requiring remedial repair
Built in 1856, this classic double fronted detached house has most recently been used as part of The Beeches Hotel. However, it has recently suffered from a
structural defect and now requires remedial repair and modernisation to return it to a family house or small guest house. The Grade II listed property, which
also overlooks St John's Roman Catholic Cathedral, lies within a short walking distance of Norwich city centre and has consent for residential use.
The property currently consists of a four bedroom ground floor apartment with ten further bedrooms all with en-suite facilities. The accommodation is
centered around an impessive staircase and the property still retains a number of original features and had a Victorian style conservatory to the southern
elevation. There are extensive private gardens which adjoin and overlook the historic Plantation Gardens, which are curently maintained and run by the
Plantation Garden Preservation Trust. The owner of Plantation House retains access rights over the garden.
Full details of the structural issues and remedial work required are available on the planning website of Norwich City Council.
Description:
Ground Floor: Entrance hall, inner hall, staircase, bedroom with en-suite bathroom, owners apartment with separate access, four bedrooms (one with
concealed access to cellar housing boilers), sitting room, kitchen, utility room, conservatory.
First Floor: Landing, seven bedrooms with en-suite facilities.
Second Floor: Landing, two bedrooms with en-suite facilities.
Outside: Private driveway leading to large parking area, extensive lawned area, mature trees, shrubs, garage and garden store.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
PREVIOUS PHOTOGRAPH VIEW OF PLANTATION GARDENS
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
You’ve got the
keys, we’ve got
the tenants
01603 856828
leaders.co.uk
14 St George’s Street
Norwich, NR3 1BA
Building Land 9
Land adjacent to 420 Dereham Road, Norwich, NR5 8QB
*GUIDE PRICE: £140,000 - £160,000 (plus fees)
The site is located on the southern side of Dereham Road, approximately 2.5 miles from Norwich city centre.
Planning:
Detailed plans and conditions are available for inspection on Norwich City Council's planning portal, planning reference number 14/00618/F.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 10
61 Firs Road, Hellesdon, Norwich, NR6 6UP
*GUIDE PRICE: £70,000 - £90,000 (plus fees)
The property is believed to be built on a former pit and requires piling, complete refurbishment and
structural repair or demolition and rebuild.
Description:
Accommodation: Entrance hall, two bedrooms, kitchen, sitting room, bathroom.
Outside: Front and rear gardens in need of attention, off road parking.
ON BEHALF OF EXECUTORS
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 11
1 St Mary's Close, Great Plumstead, Norwich, NR13 5EY
*GUIDE PRICE: £200,000 - £225,000 (plus fees)
The property is offered with vacant possession, having been in the same
family ownership for many years, and we consider the property ideal for
owner occupation or improvement and re-sale.
Great Plumstead lies to the east of Norwich, within a short distance of A47
Norwich to Great Yarmouth road, Norwich Southern Bypass and the Northern
Distributor Road giving east access to North Norfolk and Norwich airport.
Description:
Ground Floor: Entrance hall, cloakroom, living room, dining room,
conservatory, kitchen, utility room, bathroom
First Floor: Two bedrooms (one with useful loft storage room/study),
cloakroom
Outside: Generous corner gardens with broad car parking area, carport and
garage, useful timber outbuilding, private and secluded gardens adjoining
farmland.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Mixed Use 12
Reeders Barn, Pansthorne Farm, Redgrave Road, South Lopham IP22 2HL
*GUIDE PRICE: £400,000 - £500,000 (plus fees)
Home and business opportunity: Four bedroom barn conversion with separate bed and breakfast block with a turnover of around £30,000pa
Reeders Barn offers flexibility, with the potential for dual occupancy, business opportunity or as an individual home. It is an impressive architect designed
family home with versatile and spacious accommodation extending to around 3,000 sq/ft. The barn, originally an agricultural building, was converted in 2015
to create a wonderfully stylish and contemporary home, which has been finished to the highest of standards.
Since 2008 the current owners have established a successful B&B business, currently rated four star silver by visitengland.com, and comprising 4 guest rooms
separate from the family accommodation. However, the premises could be adapted for alternative use such as treatment/consulting rooms or extensive home
office space, subject to appropriate consents.
The property is situated in South Lopham which lies on the A1066, around five miles west of Diss.
Description:
Ground Floor: Entry vestibule, vaulted sitting room, dining room, study/bedroom, en-suite bedroom, breakfast room, utility/laundry room, kitchen, w.c.
First Floor: Landing, three bedrooms, shower room, en-suite bathroom.
Outside: The barn is approached over a private gravel driveway providing extensive parking and turning space, with a side access leading to the rear garden.
To the front of the barn are the four independent guest bedrooms which all overlook a gravelled courtyard area. Adjoining the rear of the barn is a shingle
terrace with a paved seating area to the corner of the garden. A gate leads out to a designated parking area for guests, which is accessible from the road over
a shared gravel driveway.
Partner Agent:
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential Investment 13
56 Lime Tree Avenue, Wymondham, NR18 0HH
*GUIDE PRICE: £60,000 - £70,000 (plus fees)
The property is centrally heated, double glazed and has a pleasant roof
terrace garden area. It is located above a parade of useful shops and near to
a wide range of other community facilities, schools and public transport.
The property provides an ideal unit for both the first time or experienced
investor.
Description:
First Floor: Lounge, kitchen, bathroom, two bedrooms, bathroom.
Outside: Roof terrace.
Tenure: Leasehold. 2000 years from 1984. Peppercorn Ground Rent Additional Fees
Local Authority: South Norfolk Council. Tel: 01508 533633 Administration Charge: 0.3% inc VAT of the purchase price, subject to a
minimum of £840 (£700 + VAT), payable on exchange of contracts.
Solicitors: EG.Law, 3 Sebald Crescent, Poringland, Norwich, NR14 7GJ. Tel: 01508 486288. Ref: Debbie Everett
Disbursements: Please see the legal pack for any disbursements listed that may
Viewing: Open days scheduled for Friday 13th & 20th July between 12:00pm - 12.30pm.
become payable by the purchaser on completion.
Energy Performance Certificate (EPC): Current Rating F
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 14
16 Winfarthing Road, Banham, NR16 2HA
*GUIDE PRICE: £160,000 - £190,000 (plus fees)
THE PLOT
Semi-detached house for modernisation with a single building plot for a detached two
storey dwelling
This ex-local authority semi-detached house requires remedial repair and modernisation to
bring the property up to modern standards. Planing consent has also been granted to build a
detached, two-storey dwelling in the gardens.
The property is located on the fringe of the village adjoining picturesque open countryside.
Banham is situated approximatey seven miles north of Diss, where there is a mainline rail
service to London Liverpool Street and Norwich.
The House:
Ground Floor: Hall, lounge, dining room, kitchen.
First Floor: Three bedrooms, bathroom.
Outside: The property has a large garden with off road parking, which would reduce in size if
the planning permission was pursued.
The Plot:
The plot has a frontage of approximately 105ft onto Winfarthing Road with an average depth of
40ft, stms.
Planning:
Full planning consent was granted for the erection of a two storey dwelling by Breckland District
Council on 17th April 2018, reference: 3PL/2018/0132/F.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 15
45 Church Street, Sheringham NR26 8QS
*GUIDE PRICE: £220,000 (plus fees)
The property has spacious accommodation and benefits from gas fired central heating and a range of period features including open fireplace.
Description:
Ground Floor: Entrance hall, w.c., sitting room, dining room, kitchen/breakfast room, walk-in pantry.
First Floor: Landing, two bedrooms, study, w.c., store room, shower room with w.c.
Second Floor: Landing, two bedrooms (one en-suite), shower and w.c.
Outside: Small front garden. Rear pedestrian access.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Commercial Investment 16
12 High Street, East Runton, Cromer, NR27 9NX
*GUIDE PRICE: £30,000-£40,000 (plus fees)
East Runton is a small north Norfolk coastal village, just over a mile west of
Cromer and three miles east of Sheringham. Formerly a traditional fishing village,
it is now a popular holiday destination for camping and caravan holidays.
According to the valuation office website, the property has an area of 18.8sq/m
and has a rateable value of £1,950 with effect from 1st April 2017. No rates are
payable.
Accommodation:
Ground Floor: Main shop area, w.c.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 17
2 York Villas, York Road, Cromer, NR27 0BS
*GUIDE PRICE: £110,000 - £130,000 (plus fees)
The property has been tenanted for many years and is now to be
sold with vacant possession. It is double glazed and requires
modernisation to realise its full potential.
Description:
Ground Floor: Entrance hall, kitchen, w.c.
First Floor: Landing, bedroom, bathroom.
Second Floor: Two bedrooms.
Outside: Rear enclosed yard, brick outbuilding.
ON BEHALF OF EXECUTORS
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 18
Blackbird Cottage, 10 Reepham Road, Foulsham NR20 5SL
*GUIDE PRICE: £180,000+ (plus fees)
Single storey two bedroom barn conversion with enclosed gardens and
large brick and tile outbuilding.
Outside:
Enclosed gardens in need of attention, large lean-to conservatory, brick and
tile outbuilding (currently garaging and workshop facilities).
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 19
Flat 3, 12-14 Quebec Street, Dereham, NR19 2DJ
*GUIDE PRICE: £45,000 - £55,000 (plus fees)
The property is ideal for the rental market being capable of providing a strong
investment income. Previously the property was let for £5,400 per annum (£450
pcm).
The market place, with its many shops, is within a few steps and a further range of
schools, services and employment areas can be found within the town.
Description:
Ground Floor: Lounge room/kitchen, shower room
Lower Ground Floor: Double bedroom, box room.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 20
Ashleigh Farm, Wood Lane, Pulham Market, Diss, IP21 4XU
*GUIDE PRICE: £250,000 (plus fees)
The property is located virutally opposite the award winning 'Goodies' food
hall, around 2 miles south of Long Stratton, 10 miles north of Diss and 14
miles south of Norwich.
Description:
Ground Floor: Entrance lobby, entrance hall, kitchen, utility, bathroom,
dining room, sitting room.
First Floor: Landing, four bedrooms, two staircases.
Outside: Outbuildings attached to farmhouse, detached clay lump barn with
three ground floor rooms and mezzanine, off-road parking, mature gardens
with pond, paddock to rear.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Tenure: Freehold Additional Fees
Local Authority: South Norfolk Council. Tel: 01508 533633 Administration Charge: 0.3% inc VAT of the purchase price, subject to a
minimum of £840 (£700 + VAT), payable on exchange of contracts.
Solicitors: Steeles Law, St Niicholas House, 3 St Nicholas Street, Diss, IP22 4LB. Tel: 01379 652141.
Ref: Beth Martinelli Disbursements: Please see the legal pack for any disbursements listed that may
become payable by the purchaser on completion.
Viewing: Open days scheduled for Friday 6th, 13th & 20th July between 9:30am - 10:15am
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 21
Moat Farm, Upgate Street, Bedingham, Bungay, NR35 2AT
*GUIDE PRICE: £575,000 (plus fees)
A highly desirable detached farmhouse with two bedroom cottage, stables, office and barn
within 1.2 acres (stms)
This delightfully situated Grade II listed farmhouse, which is the former home of the author Sir
Henry Rider Haggard, has many attractive and historic features including Inglenook fireplaces,
exposed wall and ceiling beams, period doors and windows.
In addition, the property has a two bedroom detached cottage, a range of stables and outbuildings
set in approximately 1.2 acre gardens (stms). A further 4.8 acres of land may be available by
separate negotiation. Please ask for further details.
The grounds are very private and attractive incorporating large pond areas, formal gardens and
mature shrubs and trees. The property is surrounded by open countryside on the fringe of the
village and approximately seven miles from Diss, where there is a mainline railway link providing
regular access to London Liverpool Street and Norwich.
The House:
Ground Floor: Hall, sitting room, dining room, kitchen, breakfast room, garden room/playroom,
utility room, shower room.
First Floor: Landing, three bedrooms, galleried landing, family bathroom.
The Cottage:
Ground Floor: Lounge, kitchen, shower room.
First Floor: Two bedrooms.
Outside:
Formal garden areas, 2 large ponds, range of outbuildings including stable block, offices,
conservatory and storage barns.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
THE COTTAGE STABLE BLOCK OFFICE
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential/Redevelopment 22
1 Exmouth Place, Albion Road, Great Yarmouth, NR30 2HP
*GUIDE PRICE: £130,000 - £150,000 (plus fees)
Interesting and unusual five bedroom end terrace cottage with consent for
division into three, two-storey dwellings
Located close to the heart of Great Yarmouth, this historic end terrace cottage could
offer a highly individual single dwelling or planning consent has been obtained for the
division and extension of the existing accommodation into three self-contained units
(two, two bedroom townhouses and a one bedroom, two storey townhouse). There are
small courtyard gardens and a double length garage. Full planning details relating to
the conversion are available for inspection on the Great Yarmouth Borough Council
planning website.
A wide range of shops are available in and around Great Yarmouth and the property is
also within walking distance of the sea front and beach.
Description:
Hall, lounge, dining room, study, living room, kitchen, shower room, three separate
staircases leading to four bedrooms, dressing room and en-suite shower room.
Outside: Small courtyard garden with outside w.c. and store, double length garage.
Planning:
Full planning approval was granted on the 29th September 2017, reference no. 06/17/
0498/F for the division of the existing dwelling to provide three units.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Public House 23
Tipplers, 5-6 Saxon Road, Great Yarmouth, NR30 2HX
*GUIDE PRICE: £110,000 - £130,000 (plus fees)
This attached building has been a public house for hundreds of years. It has a long history and was
known as 'Park Tavern' in 1901 as shown on a photograph within. It is currently trading privately and
free of any brewery tie on a wet basis seven days a week, 2:00pm - 11:00pm and accounts are
available from the auctioneers.
The flat could be self-contained if required and needs some improvement to realise its full potential.
The property is not listed and benefits from gas central heating It is located in the town centre, close
to St George's Park.
Description:
Ground Floor: Large main bar area with seating for around eighteen, male and female toilets,
kitchen, cellar, two front entrances (one to pub and one to first floor flat), side access via Saxon
Passage.
First Floor: Landing, two bedrooms, bathroom, sitting room/kitchen, access to flat roof/fire escape.
Outside: There is no outside space and parking is on street.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Commercial 24
19 Broad Row, Great Yarmouth, NR30 1HT
*GUIDE PRICE: £90,000 - £110,000 (plus fees)
This lot has been in the same family for around 25 years and comprises of an attractive mid 19th Century
three storey Grade II listed terrace property fronting Broad Row and a more modern building fronting
Stonecutters Way. The current main access is via Stonecutters Way.
Until recently it traded as a franchise hairdressers called 'Saks' and was previously let at £10,000pa. The
business has now closed and it will now be sold with vacant possession. The contents are available to
purchase by separate negotiation.
The property has extensive ground floor space with early 18th Century exposed brickwork to one end and
the first and second floors offer potential for residential conversion, subject to the necessary consents.
According to the valuation office website, the property has a rateable value of £2,650 and an area of
122 sq/m (1,313sq/ft). No rates are payable.
Broad Row is an established retail street and links to the main retailing market place via Market Row.
Nearby occupiers include retailers, cafes and hair salons The property is situated close to various car
parks.
Description:
Ground Floor: Large open plan area.
First Floor: Three rooms, shower, w.c., kitchen.
Second Floor: Room.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 25
58 Hervey Street, Lowestoft, NR32 2JG
*GUIDE PRICE: £100,000 - £120,000 (plus fees)
Accommodation:
Ground Floor: Entrance hall, lounge, kitchen/breakfast
room
First Floor: Landing, three bedrooms, bathroom
Outside: Front and rear gardens, single garage.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 26
Cliff Farm, Mundesley Road, Trimingham, NR11 8DZ
*GUIDE PRICE: £175,000 (plus fees)
The property has oil-fired central heating, sealed unit double glazing, a
tastefully fitted kitchen and heavily beamed main reception room with
Inglenook fireplace.
Description:
Ground Floor: Lounge, dining room, conservatory, kitchen, garden room,
utility area
First Floor: Landing, three bedrooms, bathroom
Outside: The property is approached from Mundesley Road along a shared
driveway. The garden opens up to extensive lawns to the front, side and rear
(cliff edge), garage and summer house.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
27 &
Commercial
27a
Shop 1 and Shop 2 The Old Feathers, Market Street, North Walsham, NR28 9BZ
*GUIDE PRICES: Lot 27 - Shop 1: £20,000 - £30,000 (plus fees) Lot 27a - Shop 2: £30,000 - £40,000 (plus fees)
Description:
Ground Floor: Shop area (180 square feet), basement, cellar, storages areas
(320 square feet), shared toilet and kitchen facilities.
Description:
Main Shop (420 square feet): Rear lobby, shared toilet and kitchen
facilities.
Location:
There are numerous small privately owned shops, banks and other local
stores in the area and North Walsham is well-placed for the North Norfolk
Coast and has public transport and rail services into other local centres
including Norwich and Cromer.
Tenure: Leasehold. To be sold with new 125 year leases. Additional Fees
Local Authority: North Norfolk District Council. Tel: 01263 513811 Administration Charge: 0.3% inc VAT of the purchase price, subject to a
minimum of £840 (£700 + VAT), payable on exchange of contracts.
Solicitors: Mayo Wynne Baxter LLP, The Studio, 43-45 Cantelupe Road, East Grinstead, West Sussex, RH19 3BL.
Tel: 01342 310600. Ref: Melvyn Phillips. Disbursements: Please see the legal pack for any disbursements listed that may
become payable by the purchaser on completion.
Viewing: Open days scheduled for Wednesday 11th and 18th July between 10:00am - 10:45am.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 28 &
28a
Flat 1 and Flat 2 The Old Feathers, Market Street, North Walsham, NR28 9BZ
*GUIDE PRICES: Lot 28 - Flat 1: £35,000 - £45,000 (plus fees) Lot 28a - Flat 2: £30,000 - £40,000 (plus fees)
First and second floor flats within historical building ideal for investment
These properties (to be sold as separate lots) would be ideal for investment or owner-
occupation and are located within a few steps of North Walsham town centre. The first
floor unit provides two double bedrooms whilst the top floor flat currently has one
bedroom. Reconfiguration may deliver additional bedroom space, subject to planning
approval.
North Walsham offers a comprehensive range of facilities incuding regular bus and train
services to other major local centres and the City of Norwich.
The purchaser of Flat 1 will have the option on auction day to purchase Flat 2, please
contact the auctioneer for futher details.
Lot 28 Flat 1:
Ground Floor: Shared entrance lobby.
First Floor: Landing with private entrance to lounge, two double bedrooms, bathroom,
kitchen / breakfast room.
Note:
Planning consent has been granted for the conversion of the remainder of the building
into two ground floor shops and two residential units. Further details can be found on the
planning access website of North Nofolk District Council.
Tenure: Leasehold. These two flats will each be sold with a new 125 year lease. Ground Rent. £150pa. Additional Fees
Local Authority: North Norfolk District Council. Tel: 01263 513811 Administration Charge: 0.3% inc VAT of the purchase price, subject to a
minimum of £840 (£700 + VAT), payable on exchange of contracts.
Solicitors: Mayo Wynne Baxter LLP, The Studio, 43-45 Cantelupe Road, East Grinstead, West Sussex, RH19 3BL
Disbursements: Please see the legal pack for any disbursements listed that may
Tel: 01342 310600. Ref: Melvyn Phillips.
become payable by the purchaser on completion.
Viewing: Open days scheduled for Wednesday 11th & 18th July between 10:00am - 10:45am
Energy Performance Certificate (EPC): Current Ratings; Flat 1 - G Flat 2 - F
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Redevelopment 29
Barns 1 and 2 The Old Feathers, Market Street, North Walsham, NR28 9BZ
*GUIDE PRICE: £70,000 - £90,000 (plus fees)
Description:
Barns: Both barns will have two-storey accommodation incorporating living rooms,
kitchen adn cloakrooms on the ground floor, two bedrooms and a bathroom on the
first floor.
Outside: Shared pedestrian access and courtyard area which could be divided to
provide shared or allocated garden areas.
Planning:
Detailed plans are available of the proposed layouts on the North Norfolk District
Council Planning website, reference number PF/18/0707.
Proposed
Barn 2
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 30
5 Keeleys Yard, Harleston, IP20 9BQ
*GUIDE PRICE: £140,000 (plus fees)
It is tucked away within a small enclave of similar period properties moments from the
town centre.
Harleston is a vibrant market town with many historic buildings, a beautiful chapel and
plenty of character with an abundance of local services and amenities. Diss is a fifteen
minute drive away and has a direct train line to London Liverpool Street.
Description:
Ground Floor: Spacious sitting room with large utility cupboard.
First Floor: Recently refitted dual aspect kitchen/dining room, refitted bathroom.
Second Floor: Two double bedrooms off landing.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 31
3 Eastern Close, Caister on Sea, Great Yarmouth, NR30 5HT
*GUIDE PRICE: £90,000 - £110,000 (plus fees)
The property has been in the same family ownership for many years but is
now to be sold with vacant possession and is in need of modernisation. The
property would be an ideal project for a builder, investor or for private
ownership.
Caister on Sea is well served by local amenities and and has easy access for
the coastal town of Great Yarmouth, where a comprehensive range of
facilities, shops and regular public transport can be found.
Description:
Ground Floor: Entrance hall, lounge, kitchen, two bedrooms, bathroom
Outside: Front garden with side driveway leading to garage and fully
enclosed sheltered rear garden backing on to playing fields.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Start of day 2
Wednesday 25th July 2018
6.30pm
Lots 32 - 39
(unless previously sold or withdrawn)
LEGAL PACKS
Situated in the heart of this vibrant West Suffolk market town is this Grade II Listed semi-detached
office premises with many internal period features.
Sudbury offers a good range of shopping facilities, pleasant walks along the banks of the River Stour,
easy access to the historic villages of Long Melford & Lavenham and is also served by a branch line
railway station leading to London Liverpool Street via Marks Tey.
Extending to around 1,100 sq ft, the property was originally let in April 2008 to A E Dickinson and R I
Wallace trading as Tomlinson and Dickinson Solicitors on a 5 year lease at a rent of £8,000 per
annum. However, since November 2015 the rent has been paid by their former partner firm, Wayman
and Long Solicitors, who are now in occupation. A copy of the lease document is available within the
online Legal Pack.
With potential for alternative use in the longer term, we believe this to be a first class investment and
speculative development opportunity.
Partner Agent:
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential Investment 33
107 Henniker Road, Ipswich, IP1 5HF
*GUIDE PRICE: £75,000+ (plus fees)
The accommodation benefits from a fitted kitchen, double glazing and also
offers parking space for 2 small cars.
With a gross yield of over 8% relative to the low Guide Price we believe this
to be a solid investment opportunity.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential Investment 33a
32 Jasmine Close, Trimley St Martin, Felixstowe, IP11 OUY
*GUIDE PRICE: £45,000 - £55,000 (plus fees)
A well presented ground floor studio flat producing a strong rental income
Situated at the end of a cul de sac in a popular residential area is this particularly well-presented
ground floor studio flat.
Trimley St Martin is located some 3 miles from the coastal town of Felixstowe with the county
town of Ipswich just 10 miles distant along the A14.
The property benefits from double glazing, a refitted kitchen and bathroom and is currently let
on a rolling Assured Shorthold Tenancy at a rent of £425 per calendar month (£5,100 per
annum).
With a rental income equating to over 11% of the low Guide Price we believe this to be a first-
class investment opportunity.
Partner Agent:
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential Investment 34
60 Chapel Lane, Great Blakenham, Ipswich, IP6 0JZ
*GUIDE PRICE: £120,000 - £140,000 (plus fees)
This semi detached house stands in a village location and within a large plot
extending to approximately 0.18 acres.
Great Blakenham is situated some 5 miles to the north of Ipswich with its
wide range of amenities and also offers easy access to the A14 trunk road to
the Midlands and A12 to London.
Important Note:
The property has not been inspected internally and the information
provided is from the Vendor and the Register of Fair Rents.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Your Local Auction Experts
Fixed Legal Fees
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential Investment 35
64 Chapel Lane, Great Blakenham, Ipswich, IP6 0JZ
*GUIDE PRICE: £120,000 - £140,000 (plus fees)
A semi detached house in a village location and well positioned for easy
access to the county town of Ipswich and A12 & A14 trunk roads.
Important Note:
The property has not been inspected internally and the information provided
is from the Vendor and the Register of Fair Rents.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Commercial 36
Building Land to the rear of 391 Bramford Road, Ipswich IP1 4AZ
*GUIDE PRICE: £525,000+ (plus fees)
The site is located some 1.3 miles from the town centre with its wide range
of amenities and also offers easy access to the A12 & A14 trunk roads as well
as the railway station with its mainline to London Liverpool Street and a
travelling time of approximately 70 minutes.
The development will comprise two pairs of 3 & 4 bedroom semi detached
houses, a terrace of 2, 3 & 4 bedroom houses and a pair of three storey 5
bedroom detached houses, Planning Permission was granted in April 2018 by
Ipswich Borough Council under Application Number 18/00032 and the full
plans can be viewed on the Council’s website or in the online auction Legal
Pack.
The residual values indicate a good profit margin and this is certainly a prime
development opportunity which is worth of close inspection.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 37
Chilham House, Wellington Street, Newmarket, CB8 0HT
*GUIDE PRICE: £250,000+ (plus fees)
Newmarket is the country’s horse racing capital and easily accessed from the
A14, the town of Bury St Edmunds and university city of Cambridge are both
some 14 miles distant respectively.
The property has just undergone a major refurbishment programme and now
offers 3 letting rooms, 2 with en suite facilities, which are ready for
immediate occupation and offer potential for a strong rental yield.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential Investment 38
155 Paper Mill Lane, Bramford, Ipswich, IP8 4BY
*GUIDE PRICE: £120,000 - £140,000 (plus fees)
Important Note:
The property has not been inspected internally and the information given
has been provided by our Client and from the Register of Fair Rents.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential Investment 39
Apartment 5, 29 Old Station Road, Newmarket, CB8 8DT
*GUIDE PRICE: £125,000+ (plus fees)
Newmarket is a highly desirable west Suffolk town just off the A14 trunk road and renowned for being the country’s horse racing capital, it is served by a broad
range of amenities and the University city of Cambridge is just some 15 miles distant.
The property which offers a large living room with a fitted kitchen area and a double bedroom is currently let on an AST which expires in October 2018 and
generates an income of £795 per calendar month (£9,540 per annum) equating to yield of over 7.5% of the Guide Price and making this a first class
investment opportunity.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 39a
12a Gowers End, Glemsford, Sudbury, CO10 7UF
*GUIDE PRICE: £55,000 (plus fees)
The village of Glemsford is served by local shops for everyday needs and is
situated some 6 miles from the market town Sudbury which offers a broader
range of amenities. The villages of Cavendish, Long Melford and Lavenham
are all just a few miles away.
The property benefits from double glazing and once some cosmetic
improvements have been made offers excellent rental potential and would
grace any rental portfolio.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Start of day 3
Friday 27th July 2018
12.00 noon
Lots 40 - 53
(unless previously sold or withdrawn)
The Ballroom
Dukes Head Hotel
5-6 Tuesday Market
Place
King’s Lynn PE30 1JS
The village of Doddington benefits from several shops and a public house,
with more extensive facilities found at March and Huntingdon. At
Huntigndon there is a mainline rail-link providing access into London, Kings
Cross.
Accommodation:
Ground Floor: Lounge, dining room, kitchen
First Floor: Three bedrooms, bathroom, separate w.c.
Outside: External w.c., two large garages, oil-room with toilet, further
storage, paddock.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 41
48 Hundred Road, March, PE15 8QJ
*GUIDE PRICE: £40,000 - £60,000 (plus fees)
Accommodation:
Ground Floor: Hall, shower room, kitchen/diner, living room, two bedrooms
Outside: Garden to rear.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 42
The Old Chapel and Chapel Cottage, Main Road, Narborough,PE32 1TE
*GUIDE PRICE: £175,000 (plus fees)
Former Methodist Chapel and one bedroom cottage. Outline consent to convert into
single residence
A delightfully situated and impressive carrstone built former Methodist chapel with a modern
conversion of the rear meeting rooms into an impressive one bedroom cottage.
The current one bedroom cottage is ready for occupation, however the main hall would need to
be adapted into the main living accommodation to realise its full potential. There are a number
of attractive features retained within the chapel which could be incorporated into the
modernisation programme. Purchasers would need to make their own enquiries of the relevant
authorities regarding specific details.
The main chapel is approximately 40ft x 20ft and has a vaulted ceiling with exposed beams.
There are small gardens to the front and rear and off-road parking facilities for one or two
vehicles.
Narborough is a picturesque village lying between Swaffham and King's Lynn, where a
comprehensive range of shops and facilities are to be found.
Accommodation:
Entrance porch to main chapel, potential internal access to double bedroom with en-suite
bathroom, main reception room and kitchen.
Outside: Side and rear gardens with off-road parking.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Tenure: Freehold Additional Fees
Local Authority: Breckland District Council. Tel: 01362 695333 Administration Charge: 0.3% inc VAT of the purchase price, subject to a
minimum of £840 (£700 + VAT), payable on exchange of contracts.
Solicitors: Poole Alcock, Middlewich Road, Sandbach, Cheshire, CW11 1DL
Disbursements: Please see the legal pack for any disbursements listed that may
Tel: 01270 527046. Ref: Victoria Moetamedi
become payable by the purchaser on completion.
Viewing: Open days scheduled for Thursday 5th, 12th and 19th July between 9:30am - 10:00am.
Energy Performance Certificate (EPC): Chapel Cottage Current Rating D
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Get a move on!
SOLD SOLD
Broadcast
Live
Visit auctionhouse.co.uk
just prior to our auctions to join us online
Beach Hut 43
36a South Shore Caravan Park, South Beach Road, Hunstanton, PE36 5BA
*GUIDE PRICE: £5,000 - £10,000 (plus fees)
View
Note:
The successful owner will be asked to sign the licence agreement with 4
Shores Holiday Park. Full details can be found in the on-line Legal Pack.
The property can be occupied in 2018/19 from 10th February to 6th January.
Services:
The property has no mains services, but a shower block and toilet facilites
can be found nearby together with access to cold water.
Tenure: Annual Licence from 4 Shores Holiday Park. Current rent remittance £575 per annum. Additional Fees
Local Authority: Borough Council of King's Lynn and West Norfolk. Tel: 01553 616200. Administration Charge: 0.3% inc VAT of the purchase price, subject to a
minimum of £840 (£700 + VAT), payable on exchange of contracts.
Solicitors: Isadore Goldman, Lawrence House, 5 St Andrews Hill, Norwich, NR2 1AD. Tel: 01603 611370. Ref:
Robert Pyke. Disbursements: Please see the legal pack for any disbursements listed that may
become payable by the purchaser on completion.
Viewing: Open days scheduled for Thursday 5th, 12th and 19th July between 10:45 - 11:15 am.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential Redevelopment 44
14 Park Street, Wisbech, PE13 2AR
*GUIDE PRICE: £72,000 (plus fees)
A house and former shop with planning to convert into a house and
attached bungalow
Opportunity to acquire a former cottage and shop which now has full 0RQR3LWFKHG5RRI
/DQGLQJ
5HWDLQHGDVH[LVWLQJ
planning permission to develop the site to create a two bedroom house and
Pð
:LQGRZV$OOWREHUHSODFHG
ZLWKZKLWH839&GRXEOH
an attached one bedroom bungalow. Details can be found on the public JOD]HGXQLWV
%HGURRP
Pð
0RQR3LWFKHG5RRI
([LVWLQJURRIUHPRYHG
Wisbech is located between the towns of March and Kings Lynn. At Kings 1HZURRIILQLVKWREH
FRQFUHWHWLOHV
6WHSSHG*DEOH
5HPRYHG
3DVVDJHZD\WREH
Lynn there is a mainline rail-link into London, Kings Cross. PDGHH[WHUQDO 0RQR3LWFKHG5RRI
1HZFRQFUHWHURRIWLOHV
6WHSSHG*DEOH
5HPRYHG1HZWLOHG
Proposed Accommodation: URRIFRQWLQXHVWRIDFH
RIFXWEDFNEULFNZRUN
3URSRVHG)3ODQ
Cottage:
6XUIDFH:DWHU1HZ
EODFN839&GUDLQDJH
5HQGHU:DOO6ROLGOLQHGHQRWHV
WKURXJKRXW DUHDRIQHZUHQGHUHGZDOOILQLVK
RYHUH[LVWLQJEULFNZRUN
Ground Floor: Living room, kitchen, bathroom 3DUN5RDG
%DWKURRP:LQGRZ 'RRUDQG:LQGRZQR
First Floor: Two bedrooms 2EVFXUHGJODVV 839&ZKLWHVL]HGWR
PDWFK(GZDUGLDQ
ZLQGRZVWRRULJLQDOKRXVH
5HSODFHPHQW:LQGRZV
839&ZKLWHGRXEOHJOD]HG
Bungalow: 3DUN6WUHHW 1R3DUN
&RUULGRU
5RDG
%DWKURRP
.LWFKHQ
)URQW'RRU839&ZKLWH Pð
Pð
.LWFKHQ/LYLQJ %HGURRP
Pð Pð
*DUDJH'RRU
5HPRYHG%ULFNZRUN
ZDOOLQILOOZLWKQR
839&ZLQGRZVVL]HGWR $GMDFHQW
PDWFK(GZDUGLDQ /LYLQJ'LQLQJ %DWKURRP
Pð &RQVHUYDWRU\ Pð
ZLQGRZVWRRULJLQDO
KRXVH
6LGH*DWH$FFHVVWR
SDVVDJHZD\IRUELNH
VWRUDJH
1
3URSRVHG*)3ODQ
/DQGDVVRFLDWHGZLWK1R3DUN5RDG
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 45
Flat 2, 2 Cromwell Walk, Huntingdon, PE29 3HN
*GUIDE PRICE: £70,000 - £90,000 (plus fees)
Accommodation:
First Floor: Entrance hall, bedroom 1, family bathroom, kitchen, sitting
room, bedroom 2/study.
Tenure: Leasehold. 999 years from 1988 (969 years remaining). Ground rent £1 pa. No maintenance charge Additional Fees
applies.
Administration Charge: 0.3% inc VAT of the purchase price, subject to a
Local Authority: Huntingdonshire District Council. Tel: 01480 388388. minimum of £840 (£700 + VAT), payable on exchange of contracts.
Solicitors: Roythornes, Stuart House, St Johns Road, Peterborough, PE1 5DD. Tel: 01733 898975. Ref: Anne Disbursements: Please see the legal pack for any disbursements listed that may
Rawlings. become payable by the purchaser on completion.
Viewing: Open days scheduled for Monday 9th 16th and 23rd July between 10:00am - 10:30am
Energy Performance Certificate (EPC): Current Rating - E
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Commercial 46
The Decoy Inn, Werrington Bridge Road, Milking Nook, Peterborough, PE6 7PP
*GUIDE PRICE: £180,000+ (plus fees)
FRONT ELEVATION (SOUTH-EAST) REAR ELEVATION (NORTH-WEST) SIDE ELEVATION (NORTH-EAST) SIDE ELEVATION (SOUTH-WEST)
0 1 2 3 4 5 6 7 8 9 10m
B
C UTILITY
SNUG/STUDY/CINEMA C C ENSUITE
BATHROOM BEDROOM 1
C
KITCHEN/DINING
BEDROOM 5
ENSUITE
LANDING ST
HALWAY
A A A BEDROOM 4 A
BEDROOM 2
STEP UP
LIVING
BEDROOM
BEDROOM 3
GARDEN
B
B
ENSUITE
D D D D
ENTRANCE/HALLWAY
WC
The property has planning permission for conversion back into a residential
home which allows for 5/6 bedrooms and benefits from LPG Calor gas.
Planning:
Full details of the planning permission can be found on the public access site
of Peterborough City Council www.peterborough.gov.uk under reference
number 17/02212/FUL.
Partner Agent:
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Commercial Investment 47
122 Queens Walk, Peterborough, PE2 9AW
*GUIDE PRICE: £230,000 (plus fees)
A 9 bedroom former guest house now with 7 individually let rooms and
a 2 bedroom bungalow at the rear
This former guest house is now let with nine letting rooms, which includes
seven individual letting rooms with some en-suite in the main house and a
two bedroom bungalow at the rear which provide a potential income of
£47,280 per annum. Three of the rooms and the bungalow are currently
occupied.
Accommodation - House:
Ground Floor: Two bedrooms with en-suites
First Floor: Three bedrooms, two with en-suites
Second Floor: Two bedrooms with en-suites.
Accommodation - Bungalow:
Lounge, kitchen, shower room, two bedrooms.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Commercial Investment 48
Ground floor shops, 1-2 Vine House, 3 Oak Street, Fakenham, NR21 9DX
*GUIDE PRICE: £80,000 - £100,000 (plus fees)
Unit 1 - £5,000 per annum on a 5 year lease from 1st December 2016
Unit 2 - Currently vacant
Accommodation:
Shared Entrance Hall:
Unit 1: Office, lobby, meeting room, kitchen, w.c.
Unit 2: Main retail area, secondary retail area, kitchen, w.c., 3 cellar rooms
Outside: Side entrance to courtyard area, allocated parking space for each
unit.
Business Rates:
Unit 1 - £5,900 with effect from 1st April 2017
Unit 2 - £7,800 with efect from 1st April 2017
Tenure: Leasehold. 125 years from 1/1/2015 (122 years remaining) at a peppercorn rent. Additional Fees
Local Authority: North Norfolk District Council. Tel: 01263 513811. Administration Charge: 0.3% inc VAT of the purchase price, subject to a
minimum of £840 (£700 + VAT), payable on exchange of contracts.
Solicitors: Fraser Dawbarns, 21 Tuesday Market Place, Kings Lynn, Pe30 1JW. Tel: 01553 666600. Ref: Carla
Goodyear. Disbursements: Please see the legal pack for any disbursements listed that may
become payable by the purchaser on completion.
Viewing: Open days scheduled for Thursday 5th, 12th and 19th July between 12:00pm - 12:30pm.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 49
3 Laburnham Lane, Burwell, CB25 0EB
*GUIDE PRICE: £250,000 (plus fees)
Much of the imnprement work has been completed by the present owners,
but the property allows for the successful purchaser to put their own stamp
on the remaining works which need to be completed.
On the ground floor there is a large living and dining area with a feature
fireplace, kitchen and bathroom. The master bedroom with en-suite, a
second bedroom and a third bedroom which requires completion can be
found on the first floor. Outside there is a parking area to the side of the
property, and a courtyard area to the rear .
Accommodation:
Ground Floor: Living room, dining room, kitchen, bathroom
First Floor: Master bedroom with en-suite, two further bedrooms
Outside: Parking to side, courtyard garden to rear.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 50
26a London Road, Kings Lynn, PE30 5PY
*GUIDE PRICE: £30,000 - £40,000 (plus fees)
King Lynn offers shopping and recreational facilities together with a mainline
rail-link into London, Kings Cross.
Accommodation:
First Floor: Living room, kitchen
Second Floor: Bedroom, bathroom.
Note:
We currently do not have access to this property so no viewings will be
offered at present.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Have you got a property to sell?
PROPERTY TYPES IDEAL FOR AUCTION
auctionhouse.co.uk
Our lowest
ever rate from
Lord. 5.99%*
Or first time
landlord?
No matter who you are,
our common sense approach
makes Buy-to-Let simple.
*Other fees and charges apply and are variable based on the loan
amount. Any property used as security, including your home, may be
repossessed if you do not keep up on repayments on a mortgage or
any other debt secured on it.
Residential 51
1 New Barn Cottages, Puddock Road, Warboys, Huntingdon, PE28 2UB
*GUIDE PRICE: £170,000 - £190,000 (plus fees)
O R
R I
P
half an acre (stms)
D
A three bedroom semi detached cottage in need of modernisation set in
L
This semi detached three bedroom house is situated in a rural location and is
in need of some modernisation, however offers great development
O
opportunities. The plot measures 0.5 of an acre (stms) and with the
necessary planning permission the new owner could extend the current
S
house.
Accommodation:
Ground Floor: Entrance hall, lounge, dining room, kitchen, bathroom
First Floor: Three bedrooms
Outside: Gardens to the rear including a vegetable patch, various
outbuildings.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Residential 52
105 Norfolk Street, Cambridge, CB1 2LD
*GUIDE PRICE: £400,000 - £450,000 (plus fees)
The city of Cambridge offers shopping and recreational facilities. There are
mainline rail-links into London, Kings Cross and Liverpool Street together
with the M11 providing road access into London.
Accommodation:
Cellar: Three rooms
Ground Floor: Living room, kitchen, study, sitting room
First Floor: Three bedrooms, bathroom
Outside: Garden to the rear.
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
Mooring Plots 53
Plots 6 & 7 River Walk, Stoke Ferry, Downham Market, PE38 9SZ
*GUIDE PRICE: £20,000 - £30,000 (plus fees)
A shop, garage and post office can be found at Stoke Ferry and Whittington,
with Kings Lynn offering rail-links into Cambridge and London, Kings Cross.
Access:
Please see the Legal Pack
Additional Fees and Disbursements will be charged to the buyer - see individual property details at auctionhouse.co.uk and Special Conditions of Sale for actual figures
ANTI-MONEY LAUNDERING EXPLAINED
Money Laundering, Terrorist Financing and Transfer of • An original mortgage statement for the mortgage accounting year
New Regulations have now been introduced that require auctioneers • An original statement for either current bank or building society
and estate agents to undertake more stringent verification of all which must be less than three months old
sellers, all buyers and those that bid for auction properties. Auction
House N&NS Limited have set up procedures in accordance with Bidding/Buying on behalf of another party
these requirements and would welcome your assistance in ensuring If you are attending the auction on behalf of another, you must
compliance. have:
Everyone attending our auctions with the intention of bidding must (1) Proof of your own identity and residence and;
bring with them documentation that (a) proves their identity and (2) Certified copies of the actual buyer’s identity and residence.
(b) their place of residence – these are required for compliance (Plus a letter confirming the authority to bid).
purposes only and we will also comply with the data protection
Certified copies must be original documentation and signed as true
regulations, currently in force and as and when amended. You must
certified copies by a UK lawyer, UK banker, authorised financial
allow us to copy this documentation for storage and filing for 5
intermediary such as an independent financial advisor, NCCB
years.
regulated mortgage broker, certified accountant, teacher, doctor, a
The Documentation you must bring with you to the minister of religion, port master or sub-postmaster. NOTE: All of
the above must be capable of being contacted by telephone by us
Auction
prior to you buying and/or on the day of the auction.
1. UK individuals - we must verify your name and residential
address. Therefore, we require two documents. One must be from
Matching an Identified Buyer with source of funds
list A, and the other from list B.
We are also required to match the Identity of the Purchaser with
2. Corporate customers, partnerships, and private companies must
the Bank Account from which deposit funds are drawn; if deposit
provide: a) The company registration number AND b) Registered
monies are to be paid from an account in another name then that
address PLUS c) Evidence that individuals have the authority to act
individual will also need to be verified.
on behalf of the company.
3. UK Trusts, public companies, partnerships, occupational pension Auction Passport
schemes, registered charities in England and Wales, local authorities When you use Auction Passport to view the Legal Pack of a property
or non-UK individuals you should contact us well in advance of you are interested in, you will be given the opportunity to upload
bidding at the auction or buying to confirm the documentation we your Proof of Identity and Proof of Residence which will be stored
require. and made available to Auction House N&NS Limited – this could
save you time and trouble on auction day. You will still need to bring
List A – Evidence of Identity (inc Photograph)
to the auction your Evidence of Identity and Evidence of Residence
• Current valid signed passport
for cross checking purposes.
• Current valid signed UK photo-card driving licence
• A valid identity card (HM forces, police warrant card, prison officer, Electronic Anti-Money Laundering Checks
government or local authority issued) Auction House N&NS Limited have also set up a facility with ETSOS
• A firearm or shotgun licence to undertake electronic AML checks and will use the service to
• An original Birth Certificate (issued within twelve months of the further verify all successful buyers and those for whom we provide
date of birth) remote bidding services. It will include a search with Experian who
may check the details you supply against any particulars on any
List B – Evidence of Residence (and your Name) database (public or otherwise) to which they have access. They may
• An original Inland Revenue tax notification, self-assessment
also use your details in the future to assist other companies for
statement or tax demand
verification purposes. A record of the search will be retained.
• An original household insurance certificate
• An original utility bill less than three months old (not a mobile Queries and Contacting Us
phone bill) If you have any queries relating to these regulations and our
• An original council tax bill for the current council tax year. requirements you should contact us well in advance of bidding at
• An original council rent book showing rent paid for the last three auction or buying before or after the auction. Please contact Robert
months Hurst on 01603 505100.
The Barn, Newmarket Road, Cringleford Stuart House, St John’s Street 17 Neptune Quay
Norwich NR4 6UE Peterborough PE1 5DD Ipswich IP4 1QJ
The Vendor:
The Purchaser:
It is agreed that the Vendor sells and the Purchaser buys the property described in the accompanying particulars and
conditions of sale subject to their provisions and the terms and stipulations in them at the price below mentioned.
Purchase Price: £
Less Deposit: £
Balance: £
Dated:
Completion Date:
Signed:
As Agents for the Vendor we acknowledge receipt of the deposit in the form
of:
Dated:
Signed:
The Purchaser
Purchasers Solicitor:
Vendors Solicitor:
* For the purpose of this contract, the conditions of sale include the three sections of the RICS Common Auction Conditions, the Glossary, Conduct of the
Auction and the General Conditions.
In addition and at the same time, the purchaser is required to pay the Auctioneer an Administration Charge of 0.3% inc VAT
subject to a minimum of £840.00 (£700.00 + VAT) plus Buyers Premium if applicable.
COMMON AUCTION CONDITIONS (EDITION 3)
REPRODUCED WITH THE CONSENT OF THE RICS
INTRODUCTION general conditions. information supplied by or on behalf of the seller. You need
The Common Auction Conditions have been produced for real estate Interest rate to check that the information in the particulars is correct.
auctions in England and Wales to set a common standard across the If not specified in the special conditions, 4% above the base rate A4.2 If the special conditions do not contain a description of the
industry. They are in three sections: from time to time of Barclays Bank plc. (The interest rate will also lot, or simply refer to the relevant lot number, you take the
apply to judgment debts, if applicable.) risk that the description contained in the particulars is
GLOSSARY Lot incomplete or inaccurate, as the particulars have not been
The glossary gives special meanings to certain words used in both Each separate property described in the catalogue or (as the case prepared by a conveyancer and are not intended to form part
sets of conditions.. may be) the property that the seller has agreed to sell and the buyer of a legal contract.
AUCTION CONDUCT CONDITIONS to buy (including chattels, if any). A4.3 The particulars and the sale conditions may change prior to
The Auction Conduct Conditions govern the relationship between Old arrears the auction and it is your responsibility to check that you
the auctioneer and anyone who has a catalogue, or who attends or Arrears due under any of the tenancies that are not “new tenancies” have the correct versions.
bids at the auction. They cannot be changed without the as defined by the Landlord and Tenant (Covenants) Act 1995. A4.4 If we provide information, or a copy of a document, provided
auctioneer’s agreement. Particulars by others we do so only on the basis that we are not
The section of the catalogue that contains descriptions of each lot responsible for the accuracy of that information or
SALE CONDITIONS (as varied by any addendum). document.
The Sale Conditions govern the agreement between each seller and Practitioner
buyer. They include general conditions of sale and template forms An insolvency practitioner for the purposes of the Insolvency Act A5 THE CONTRACT
of special conditions of sale, tenancy and arrears schedules and a 1986 (or, in relation to jurisdictions outside the United Kingdom, A5.1 A successful bid is one we accept as such (normally on the
sale memorandum. any similar official). fall of the hammer). This condition A5 applies to you if you
IMPORTANT NOTICE Price make the successful bid for a lot.
A prudent buyer will, before bidding for a lot at an auction: The price that the buyer agrees to pay for the lot. A5.2 You are obliged to buy the lot on the terms of the sale
• take professional advice from a conveyancer and, in appropriate Ready to complete memorandum at the price you bid plus VAT (if applicable).
cases, a chartered surveyor and an accountant; Ready, willing and able to complete: if completion would enable the A5.3 You must before leaving the auction:
• read the conditions; seller to discharge all financial charges secured on the lot that have (a) provide all information we reasonably need from you to
• inspect the lot; to be discharged by completion, then those outstanding financial enable us to complete the sale memorandum (including
• carry out usual searches and make usual enquiries; charges do not prevent the seller from being ready to complete. proof of your identity if required by us);
• check the content of all available leases and other documents Sale conditions (b) sign the completed sale memorandum; and
relating to the lot; The general conditions as varied by any special conditions or (c) pay the deposit.
• check that what is said about the lot in the catalogue is accurate; addendum. A5.4 If you do not we may either:
• have finance available for the deposit and purchase price; Sale memorandum
The form so headed (whether or not set out in the catalogue) in (a) as agent for the seller treat that failure as your
• check whether VAT registration and election is advisable; repudiation of the contract and offer the lot for sale again:
The conditions assume that the buyer has acted like a prudent buyer. which the terms of the contract for the sale of the lot are recorded.
Seller the seller may then have a claim against you for breach of
If you choose to buy a lot without taking these normal precautions contract; or
you do so at your own risk. The person selling the lot. If two or more are jointly the seller their
obligations can be enforced against them jointly or against each of (b) sign the sale memorandum on your behalf.
them separately. A5.5 The deposit:
GLOSSARY Special conditions (a) is to be held as stakeholder where VAT would be
This glossary applies to the auction conduct conditions and the sale Those of the sale conditions so headed that relate to the lot. chargeable on the deposit were it to be held as agent for the
conditions. seller, but otherwise is to be held as stated in the sale
Tenancies
Wherever it makes sense: Tenancies, leases, licences to occupy and agreements for lease and conditions; and
• singular words can be read as plurals, and plurals as singular words; any documents varying or supplemental to them. (b) must be paid in pounds sterling by cheque or by bankers’
• a “person” includes a corporate body; Tenancy schedule draft made payable to us on an approved financial
• words of one gender include the other genders; The tenancy schedule (if any) forming part of the special conditions. institution. The extra auction conduct conditions may state
• references to legislation are to that legislation as it may have been Transfer if we accept any other form of payment.
modified or re-enacted by the date of the auction or the contract Transfer includes a conveyance or assignment (and “to transfer” A5.6 We may retain the sale memorandum signed by or on behalf
date (as applicable); and includes “to convey” or “to assign”). of the seller until the deposit has been received in cleared
• where the following words are printed in bold type they have the TUPE funds.
specified meanings. The Transfer of Undertakings (Protection of Employment) A5.7 If the buyer does not comply with its obligations under the
Actual completion date Regulations 2006. contract then:
The date when completion takes place or is treated as taking place VAT (a) you are personally liable to buy the lot even if you are
for the purposes of apportionment and calculating interest. Value Added Tax or other tax of a similar nature. acting as an agent; and
Addendum VAT option (b) you must indemnify the seller in respect of any loss the
An amendment or addition to the conditions or to the particulars or An option to tax. seller incurs as a result of the buyer’s default.
to both whether contained in a supplement to the catalogue, a We (and us and our) A5.8 Where the buyer is a company you warrant that the buyer is
written notice from the auctioneers or an oral announcement at the The auctioneers. properly constituted and able to buy the lot.
auction. You (and your)
Agreed completion date Someone who has a copy of the catalogue or who attends or bids at A6 EXTRA AUCTION CONDUCT CONDITIONS
Subject to condition G9.3: the auction, whether or not a buyer. A6.1 Despite any special condition to the contrary the minimum
(a) the date specified in the special conditions; or deposit we accept is £3,000 (or the total price, if less). A
(b) if no date is specified, 20 business days after the contract date; AUCTION CONDUCT CONDITIONS special condition may, however, require a higher minimum
but if that date is not a business day the first subsequent business deposit.
day. A1 INTRODUCTION
Approved financial institution A1.1 Words in bold type have special meanings, which are defined GENERAL CONDITIONS OF SALE
Any bank or building society that has signed up to the Banking Code in the Glossary.
A1.2 The catalogue is issued only on the basis that you accept Words in bold type have special meanings, which are defined
or Business Banking Code or is otherwise acceptable to the in the Glossary
auctioneers. these auction conduct conditions. They govern our
Arrears relationship with you and cannot be disapplied or varied by G1. THE LOT
Arrears of rent and other sums due under the tenancies and still the sale conditions (even by a condition purporting to replace G1.1 The lot (including any rights to be granted or reserved, and
outstanding on the actual completion date. the whole of the Common Auction Conditions). They can be any exclusions from it) is described in the special conditions,
Arrears schedule varied only if we agree. or if not so described the lot is that referred to in the sale
The arrears schedule (if any) forming part of the special conditions. A2 OUR ROLE memorandum.
Auction A2.1 As agents for each seller we have authority to: G1.2 The lot is sold subject to any tenancies disclosed by the special
The auction advertised in the catalogue. conditions, but otherwise with vacant possession on
(a) prepare the catalogue from information supplied by or
Auction conduct conditions completion.
The conditions so headed, including any extra auction conduct on behalf of each seller;
(b) offer each lot for sale; G1.3 The lot is sold subject to all matters contained or referred to
conditions. in the documents, but excluding any financial charges: these
Auctioneers (c) sell each lot;
the seller must discharge on or before completion.
The auctioneers at the auction. (d) receive and hold deposits;
G1.4 The lot is also sold subject to such of the following as may
Business day (e) sign each sale memorandum; and affect it, whether they arise before or after the contract date
Any day except (a) a Saturday or a Sunday; (b) a bank holiday in (f) treat a contract as repudiated if the buyer fails to sign a and whether or not they are disclosed by the seller or are
England and Wales; or (c) Good Friday or Christmas Day. sale memorandum or pay a deposit as required by these apparent from inspection of the lot or from the documents:
Buyer auction conduct conditions. (a) matters registered or capable of registration as local land
The person who agrees to buy the lot or, if applicable, that person’s A2.2 Our decision on the conduct of the auction is final. charges;
personal representatives: if two or more are jointly the buyer their A2.3 We may cancel the auction, or alter the order in which lots
obligations can be enforced against them jointly or against each of (b) matters registered or capable of registration by any
are offered for sale. We may also combine or divide lots. A competent authority or under the provisions of any
them separately. lot may be sold or withdrawn from sale prior to the auction.
Catalogue statute;
A2.4 You acknowledge that to the extent permitted by law we (c) notices, orders, demands, proposals and requirements of
The catalogue to which the conditions refer including any owe you no duty of care and you have no claim against us
supplement to it. any competent authority;
for any loss.
Completion (d) charges, notices, orders, restrictions, agreements and
Unless otherwise agreed between seller and buyer (or their A3 BIDDING AND RESERVE PRICES other matters relating to town and country planning,
conveyancers) the occasion when both seller and buyer have A3.1 All bids are to be made in pounds sterling exclusive of any highways or public health;
complied with their obligations under the contract and the balance applicable VAT. (e) rights, easements, quasi-easements, and wayleaves;
of the price is unconditionally received in the seller’s conveyancer’s A3.2 We may refuse to accept a bid. We do not have to explain (f) outgoings and other liabilities;
client account. why. (g) any interest which overrides, within the meaning of the
Condition A3.3 If there is a dispute over bidding we are entitled to resolve Land Registration Act 2002;
One of the auction conduct conditions or sales conditions. it, and our decision is final. (h) matters that ought to be disclosed by the searches and
Contract A3.4 Unless stated otherwise each lot is subject to a reserve price enquiries a prudent buyer would make, whether or not the
The contract by which the seller agrees to sell and the buyer agrees (which may be fixed just before the lot is offered for sale). If buyer has made them; and
to buy the lot. no bid equals or exceeds that reserve price the lot will be (i) anything the seller does not and could not reasonably
Contract date withdrawn from the auction. know about.
The date of the auction or, if the lot is not sold at the auction: A3.5 Where there is a reserve price the seller may bid (or ask us G1.5 Where anything subject to which the lot is sold would expose
(a) the date of the sale memorandum signed by both the seller and or another agent to bid on the seller’s behalf) up to the the seller to liability the buyer is to comply with it and
buyer; or reserve price but may not make a bid equal to or exceeding indemnify the seller against that liability.
(b) if contracts are exchanged, the date of exchange. If exchange is the reserve price. You accept that it is possible that all bids
not effected in person or by an irrevocable agreement to exchange G1.6 The seller must notify the buyer of any notices, orders,
up to the reserve price are bids made by or on behalf of the demands, proposals and requirements of any competent
made by telephone, fax or electronic mail the date of exchange is seller.
the date on which both parts have been signed and posted or authority of which it learns after the contract date but the
A3.6 Where a guide price (or range of prices) is given that guide buyer must comply with them and keep the seller
otherwise placed beyond normal retrieval. is the minimum price at which, or range of prices within
Documents indemnified.
which, the seller might be prepared to sell at the date of the G1.7 The lot does not include any tenant’s or trade fixtures or
Documents of title (including, if title is registered, the entries on the guide price. But guide prices may change. The last published
register and the title plan) and other documents listed or referred fittings.
guide price will normally be at or above any reserve price, G1.8 Where chattels are included in the lot the buyer takes them
to in the special conditions relating to the lot. but not always – as the seller may fix the final reserve price
Financial charge as they are at completion and the seller is not liable if they
just before bidding commences are not fit for use.
A charge to secure a loan or other financial indebtness (not including
a rentcharge). A4 THE PARTICULARS AND OTHER INFORMATION G1.9 The buyer buys with full knowledge of:
General conditions A4.1 We have taken reasonable care to prepare particulars that (a) the documents, whether or not the buyer has read them;
That part of the sale conditions so headed, including any extra correctly describe each lot. The particulars are based on and
COMMON AUCTION CONDITIONS (EDITION 3)
REPRODUCED WITH THE CONSENT OF THE RICS
(b) the physical condition of the lot and what could G4.4 The transfer is to have effect as if expressly subject to all G10.2 Subject to condition G11 the seller is not obliged to apportion
reasonably be discovered on inspection of it, whether or matters subject to which the lot is sold under the contract. or account for any sum at completion unless the seller has
not the buyer has inspected it. G4.5 The seller does not have to produce, nor may the buyer object received that sum in cleared funds. The seller must pay to the
G1.10 The buyer is not to rely on the information contained in the to or make a requisition in relation to, any prior or superior buyer after completion any sum to which the buyer is entitled
particulars but may rely on the seller’s conveyancer’s written title even if it is referred to in the documents. that the seller subsequently receives in cleared funds.
replies to preliminary enquiries to the extent stated in those G4.6 The seller (and, if relevant, the buyer) must produce to each G10.3 Income and outgoings are to be apportioned at actual
replies. other such confirmation of, or evidence of, their identity and completion date unless:
G2. DEPOSIT that of their mortgagees and attorneys (if any) as is necessary (a) the buyer is liable to pay interest; and
G2.1 The amount of the deposit is the greater of: for the other to be able to comply with applicable Land (b) the seller has given notice to the buyer at any time up to
Registry Rules when making application for registration of the completion requiring apportionment on the date from
(a) any minimum deposit stated in the auction conduct transaction to which the conditions apply. which interest becomes payable by the buyer;
conditions (or the total price, if this is less than that
minimum); and G5. TRANSFER in which event income and outgoings are to be apportioned
G5.1 Unless a form of transfer is prescribed by the special on the date from which interest becomes payable by the
(b) 10% of the price (exclusive of any VAT on the price).
conditions: buyer.
G2.2 The deposit
(a) the buyer must supply a draft transfer to the seller at least G10.4 Apportionments are to be calculated on the basis that:
(a) must be paid in pounds sterling by cheque or banker’s
ten business days before the agreed completion date and (a) the seller receives income and is liable for outgoings for
draft drawn on an approved financial institution (or by any
the engrossment (signed as a deed by the buyer if the whole of the day on which apportionment is to be
other means of payment that the auctioneers may
condition G5.2 applies) five business days before that date made;
accept); and
or (if later) two business days after the draft has been (b) annual income and expenditure accrues at an equal daily
(b) is to be held as stakeholder unless the auction conduct
approved by the seller; and rate assuming 365 days in a year, and income and
conditions provide that it is to be held as agent for the
(b) the seller must approve or revise the draft transfer within expenditure relating to some other period accrues at an
seller.
five business days of receiving it from the buyer. equal daily rate during the period to which it relates; and
G2.3 Where the auctioneers hold the deposit as stakeholder they
G5.2 If the seller remains liable in any respect in relation to the lot (c) where the amount to be apportioned is not known at
are authorised to release it (and interest on it if applicable) to
(or a tenancy) following completion the buyer is specifically completion apportionment is to be made by reference to
the seller on completion or, if completion does not take place,
to covenant in the transfer to indemnify the seller against that a reasonable estimate and further payment is to be made
to the person entitled to it under the sale conditions.
liability. by seller or buyer as appropriate within five business days
G2.4 If a cheque for all or part of the deposit is not cleared on first of the date when the amount is known.
presentation the seller may treat the contract as at an end G5.3 The seller cannot be required to transfer the lot to anyone
and bring a claim against the buyer for breach of contract. other than the buyer, or by more than one transfer. G11. ARREARS
G2.5 Interest earned on the deposit belongs to the seller unless the G6. COMPLETION Part 1 Current rent
sale conditions provide otherwise. G6.1 Completion is to take place at the offices of the seller’s G11.1 “Current rent” means, in respect of each of the tenancies
conveyancer, or where the seller may reasonably require, on subject to which the lot is sold, the instalment of rent and
G3. BETWEEN CONTRACT AND COMPLETION
the agreed completion date. The seller can only be required other sums payable by the tenant in advance on the most
G3.1 Unless the special conditions state otherwise, the seller is to recent rent payment date on or within four months preceding
insure the lot from and including the contract date to to complete on a business day and between the hours of 0930
and 1700. completion.
completion and:
G6.2 The amount payable on completion is the balance of the price G11.2 If on completion there are any arrears of current rent the
(a) produce to the buyer on request all relevant insurance buyer must pay them, whether or not details of those arrears
details; adjusted to take account of apportionments plus (if
applicable) VAT and interest. are given in the special conditions.
(b) pay the premiums when due; G11.3 Parts 2 and 3 of this condition G11 do not apply to arrears of
(c) if the buyer so requests, and pays any additional premium, G6.3 Payment is to be made in pounds sterling and only by:
current rent.
use reasonable endeavours to increase the sum insured or (a) direct transfer to the seller’s conveyancer’s client account;
and Part 2 Buyer to pay for arrears
make other changes to the policy;
(b) the release of any deposit held by a stakeholder. G11.4 Part 2 of this condition G11 applies where the special
(d) at the request of the buyer use reasonable endeavours to conditions give details of arrears.
have the buyer’s interest noted on the policy if it does not G6.4 Unless the seller and the buyer otherwise agree, completion
cannot take place until both have complied with their G11.5 The buyer is on completion to pay, in addition to any other
cover a contracting purchaser;
obligations under the contract and the balance of the price is money then due, an amount equal to all arrears of which
(e) unless otherwise agreed, cancel the insurance at details are set out in the special conditions.
completion, apply for a refund of premium and (subject unconditionally received in the seller’s conveyancer’s client
account. G11.6 If those arrears are not old arrears the seller is to assign to the
to the rights of any tenant or other third party) pay that buyer all rights that the seller has to recover those arrears.
refund to the buyer; and G6.5 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 Part 3 Buyer not to pay for arrears
(f) (subject to the rights of any tenant or other third party)
hold on trust for the buyer any insurance payments that apportionment and calculating interest, as if it had taken G11.7 Part 3 of this condition G11 applies where the special
the seller receives in respect of loss or damage arising place on the next business day. conditions:
after the contract date or assign to the buyer the benefit G6.6 Where applicable the contract remains in force following (a) so state; or
of any claim; completion. (b) give no details of any arrears.
and the buyer must on completion reimburse to the seller the G11.8 While any arrears due to the seller remain unpaid the buyer
G7. NOTICE TO COMPLETE must:
cost of that insurance (to the extent not already paid by the G7.1 The seller or the buyer may on or after the agreed completion
buyer or a tenant or other third party) for the period from and (a) try to collect them in the ordinary course of management
date but before completion give the other notice to complete but need not take legal proceedings or forfeit the tenancy;
including the contract date to completion. within ten business days (excluding the date on which the
G3.2 No damage to or destruction of the lot nor any deterioration notice is given) making time of the essence. (b) pay them to the seller within five business days of receipt
in its condition, however caused, entitles the buyer to any in cleared funds (plus interest at the interest rate
G7.2 The person giving the notice must be ready to complete. calculated on a daily basis for each subsequent day’s delay
reduction in price, or to delay completion, or to refuse to G7.3 If the buyer fails to comply with a notice to complete the seller
complete. in payment);
may, without affecting any other remedy the seller has: (c) on request, at the cost of the seller, assign to the seller or
G3.3 Section 47 of the Law of Property Act 1925 does not apply. (a) terminate the contract;
G3.4 Unless the buyer is already lawfully in occupation of the lot as the seller may direct the right to demand and sue for
(b) claim the deposit and any interest on it if held by a old arrears, such assignment to be in such form as the
the buyer has no right to enter into occupation prior to stakeholder;
completion. seller’s conveyancer may reasonably require;
(c) forfeit the deposit and any interest on it; (d) if reasonably required, allow the seller’s conveyancer to
G4. TITLE AND IDENTITY (d) resell the lot; and have on loan the counterpart of any tenancy against an
G4.1 Unless condition G4.2 applies, the buyer accepts the title of (e) claim damages from the buyer. undertaking to hold it to the buyer’s order;
the seller to the lot as at the contract date and may raise no G7.4 If the seller fails to comply with a notice to complete the buyer (e) not without the consent of the seller release any tenant
requisition or objection except in relation to any matter that may, without affecting any other remedy the buyer has: or surety from liability to pay arrears or accept a surrender
occurs after the contract date. (a) terminate the contract; and of or forfeit any tenancy under which arrears are due; and
G4.2 If any of the documents is not made available before the (b) recover the deposit and any interest on it from the seller (f) if the buyer disposes of the lot prior to recovery of all
auction the following provisions apply: or, if applicable, a stakeholder. arrears obtain from the buyer’s successor in title a
(a) The buyer may raise no requisition on or objection to any covenant in favour of the seller in similar form to part 3 of
of the documents that is made available before the G8. IF THE CONTRACT IS BROUGHT TO AN END
this condition G11.
auction. If the contract is lawfully brought to an end:
G11.9 Where the seller has the right to recover arrears it must not
(b) If the lot is registered land the seller is to give to the buyer (a) the buyer must return all papers to the seller and appoints without the buyer’s written consent bring insolvency
within five business days of the contract date an official the seller its agent to cancel any registration of the proceedings against a tenant or seek the removal of goods
copy of the entries on the register and title plan and, contract; and from the lot.
where noted on the register, of all documents subject to (b) the seller must return the deposit and any interest on it
which the lot is being sold. to the buyer (and the buyer may claim it from the G12. MANAGEMENT
(c) If the lot is not registered land the seller is to give to the stakeholder, if applicable) unless the seller is entitled to G12.1 This condition G12 applies where the lot is sold subject to
buyer within five business days an abstract or epitome of forfeit the deposit under condition G7.3. tenancies.
title starting from the root of title mentioned in the special G12.2 The seller is to manage the lot in accordance with its standard
G9. LANDLORD’S LICENCE management policies pending completion.
conditions (or, if none is mentioned, a good root of title G9.1 Where the lot is or includes leasehold land and licence to
more than fifteen years old) and must produce to the G12.3 The seller must consult the buyer on all management issues
assign is required this condition G9 applies. that would affect the buyer after completion (such as, but not
buyer the original or an examined copy of every relevant
G9.2 The contract is conditional on that licence being obtained, by limited to, an application for licence; a rent review; a variation,
document.
way of formal licence if that is what the landlord lawfully surrender, agreement to surrender or proposed forfeiture of
(d) If title is in the course of registration, title is to consist of requires.
certified copies of: a tenancy; or a new tenancy or agreement to grant a new
G9.3 The agreed completion date is not to be earlier than the date tenancy) and:
(i) the application for registration of title made to the five business days after the seller has given notice to the buyer
land registry; (a) the seller must comply with the buyer’s reasonable
that licence has been obtained. requirements unless to do so would (but for the indemnity
(ii) the documents accompanying that application; G9.4 The seller must:
(iii) evidence that all applicable stamp duty land tax in paragraph (c)) expose the seller to a liability that the
(a) use all reasonable endeavours to obtain the licence at the seller would not otherwise have, in which case the seller
relating to that application has been paid; and seller’s expense; and may act reasonably in such a way as to avoid that liability;
(iv) a letter under which the seller or its conveyancer (b) enter into any authorised guarantee agreement properly
agrees to use all reasonable endeavours to answer (b) if the seller gives the buyer notice of the seller’s intended
required. act and the buyer does not object within five business days
any requisitions raised by the land registry and to
G9.5 The buyer must: giving reasons for the objection the seller may act as the
instruct the land registry to send the completed
registration documents to the buyer. (a) promptly provide references and other relevant seller intends; and
information; and (c) the buyer is to indemnify the seller against all loss or
(e) The buyer has no right to object to or make requisitions
on any title information more than seven business days (b) comply with the landlord’s lawful requirements. liability the seller incurs through acting as the buyer
after that information has been given to the buyer. G9.6 If within three months of the contract date (or such longer requires, or by reason of delay caused by the buyer.
G4.3 Unless otherwise stated in the special conditions the seller period as the seller and buyer agree) the licence has not been G13. RENT DEPOSITS
sells with full title guarantee except that (and the transfer obtained the seller or the buyer may (if not then in breach of G13.1 This condition G13 applies where the seller is holding or
shall so provide): any obligation under this condition G9) by notice to the other otherwise entitled to money by way of rent deposit in respect
terminate the contract at any time before licence is obtained. of a tenancy. In this condition G13 “rent deposit deed” means
(a) the covenant set out in section 3 of the Law of Property
That termination is without prejudice to the claims of either the deed or other document under which the rent deposit is
(Miscellaneous Provisions) Act 1994 shall not extend to
matters recorded in registers open to public inspection; seller or buyer for breach of this condition G9. held.
these are to be treated as within the actual knowledge of G10. INTEREST AND APPORTIONMENTS G13.2 If the rent deposit is not assignable the seller must on
the buyer; and G10.1 If the actual completion date is after the agreed completion completion hold the rent deposit on trust for the buyer and,
(b) the covenant set out in section 4 of the Law of Property date for any reason other than the seller’s default the buyer subject to the terms of the rent deposit deed, comply at the
(Miscellaneous Provisions) Act 1994 shall not extend to must pay interest at the interest rate on the price (less any cost of the buyer with the buyer’s lawful instructions.
any condition or tenant’s obligation relating to the state deposit paid) from the agreed completion date up to and G13.3 Otherwise the seller must on completion pay and assign its
or condition of the lot where the lot is leasehold property. including the actual completion date. interest in the rent deposit to the buyer under an assignment
COMMON AUCTION CONDITIONS (EDITION 3)
REPRODUCED WITH THE CONSENT OF THE RICS
in which the buyer covenants with the seller to: G19.5 Where relevant: interest recovered from the tenant that relates to the seller’s
(a) observe and perform the seller’s covenants and conditions (a) the documents must include certified copies of those period of ownership within five business days of receipt of
in the rent deposit deed and indemnify the seller in respect under which the practitioner is appointed, the document cleared funds.
of any breach; of appointment and the practitioner’s acceptance of G23.7 If a rent review is agreed or determined before completion but
(b) give notice of assignment to the tenant; and appointment; and the increased rent and any interest recoverable from the
(c) give such direct covenant to the tenant as may be required (b) the seller may require the transfer to be by the lender tenant has not been received by completion the increased rent
by the rent deposit deed. exercising its power of sale under the Law of Property Act and any interest recoverable is to be treated as arrears.
1925. G23.8 The seller and the buyer are to bear their own costs in relation
G14. VAT
G19.6 The buyer understands this condition G19 and agrees that it to rent review negotiations and proceedings.
G14.1 Where a sale condition requires money to be paid or other is fair in the circumstances of a sale by a practitioner.
consideration to be given, the payer must also pay any VAT G24. TENANCY RENEWALS
that is chargeable on that money or consideration, but only if G20. TUPE
G24.1 This condition G24 applies where the tenant under a tenancy
given a valid VAT invoice. G20.1 If the special conditions state “There are no employees to
has the right to remain in occupation under part II of the
G14.2 Where the special conditions state that no VAT option has which TUPE applies”, this is a warranty by the seller to this
effect. Landlord and Tenant Act 1954 (as amended) and references
been made the seller confirms that none has been made by
G20.2 If the special conditions do not state “There are no employees to notices and proceedings are to notices and proceedings
it or by any company in the same VAT group nor will be prior
to completion. to which TUPE applies” the following paragraphs apply: under that Act.
(a) The seller must notify the buyer of those employees G24.2 Where practicable, without exposing the seller to liability or
G15. TRANSFER AS A GOING CONCERN penalty, the seller must not without the written consent of
whose contracts of employment will transfer to the buyer
G15.1 Where the special conditions so state: the buyer (which the buyer must not unreasonably withhold
on completion (the “Transferring Employees”). This
(a) the seller and the buyer intend, and will take all practicable notification must be given to the buyer not less than 14 or delay) serve or respond to any notice or begin or continue
steps (short of an appeal) to procure, that the sale is days before completion. any proceedings.
treated as a transfer of a going concern; and G24.3 If the seller receives a notice the seller must send a copy to
(b) The buyer confirms that it will comply with its obligations
(b) this condition G15 applies. under TUPE and any special conditions in respect of the the buyer within five business days and act as the buyer
G15.2 The seller confirms that the seller Transferring Employees. reasonably directs in relation to it.
(a) is registered for VAT, either in the seller’s name or as a (c) The buyer and the seller acknowledge that pursuant and G24.4 Following completion the buyer must:
member of the same VAT group; and subject to TUPE, the contracts of employment between (a) with the co-operation of the seller take immediate steps
(b) has (unless the sale is a standard-rated supply) made in the Transferring Employees and the seller will transfer to
relation to the lot a VAT option that remains valid and will to substitute itself as a party to any proceedings;
the buyer on completion. (b) use all reasonable endeavours to conclude any
not be revoked before completion. (d) The buyer is to keep the seller indemnified against all
G15.3 The buyer confirms that: proceedings or negotiations for the renewal of the tenancy
liability for the Transferring Employees after completion.
(a) it is registered for VAT, either in the buyer’s name or as a and the determination of any interim rent as soon as
member of a VAT group; G21. ENVIRONMENTAL reasonably practicable at the best rent or rents reasonably
(b) it has made, or will make before completion, a VAT option G21.1 This condition G21 only applies where the special conditions obtainable; and
in relation to the lot and will not revoke it before or within so provide. (c) if any increased rent is recovered from the tenant
three months after completion; G21.2 The seller has made available such reports as the seller has (whether as interim rent or under the renewed tenancy)
(c) article 5(2B) of the Value Added Tax (Special Provisions) as to the environmental condition of the lot and has given account to the seller for the part of that increase that
Order 1995 does not apply to it; and the buyer the opportunity to carry out investigations (whether relates to the seller’s period of ownership of the lot within
or not the buyer has read those reports or carried out any five business days of receipt of cleared funds.
(d) it is not buying the lot as a nominee for another person.
investigation) and the buyer admits that the price takes into G24.5 The seller and the buyer are to bear their own costs in relation
G15.4 The buyer is to give to the seller as early as possible before account the environmental condition of the lot.
the agreed completion date evidence: to the renewal of the tenancy and any proceedings relating
G21.3 The buyer agrees to indemnify the seller in respect of all
(a) of the buyer’s VAT registration; to this.
liability for or resulting from the environmental condition of
(b) that the buyer has made a VAT option; and the lot. G25. WARRANTIES
(c) that the VAT option has been notified in writing to HM G25.1 Available warranties are listed in the special conditions.
Revenue and Customs; and if it does not produce the G22. SERVICE CHARGE
G22.1 This condition G22 applies where the lot is sold subject to G25.2 Where a warranty is assignable the seller must:
relevant evidence at least two business days before the
agreed completion date, condition G14.1 applies at tenancies that include service charge provisions. (a) on completion assign it to the buyer and give notice of
completion. G22.2 No apportionment is to be made at completion in respect of assignment to the person who gave the warranty; and
G15.5 The buyer confirms that after completion the buyer intends service charges. (b) apply for (and the seller and the buyer must use all
to: G22.3 Within two months after completion the seller must provide reasonable endeavours to obtain) any consent to assign
(a) retain and manage the lot for the buyer’s own benefit as to the buyer a detailed service charge account for the service that is required. If consent has not been obtained by
a continuing business as a going concern subject to and charge year current on completion showing: completion the warranty must be assigned within five
with the benefit of the tenancies; and (a) service charge expenditure attributable to each tenancy; business days after the consent has been obtained.
(b) collect the rents payable under the tenancies and charge (b) payments on account of service charge received from each G25.3 If a warranty is not assignable the seller must after
VAT on them tenant; completion:
G15.6 If, after completion, it is found that the sale of the lot is not (c) any amounts due from a tenant that have not been (a) hold the warranty on trust for the buyer; and
a transfer of a going concern then: received; (b) at the buyer’s cost comply with such of the lawful
(a) the seller’s conveyancer is to notify the buyer’s (d) any service charge expenditure that is not attributable to instructions of the buyer in relation to the warranty as do
conveyancer of that finding and provide a VAT invoice in any tenancy and is for that reason irrecoverable. not place the seller in breach of its terms or expose the
respect of the sale of the lot; G22.4 In respect of each tenancy, if the service charge account shows seller to any liability or penalty.
(b) the buyer must within five business days of receipt of the that:
VAT invoice pay to the seller the VAT due; and (a) payments on account (whether received or still then due G26. NO ASSIGNMENT
(c) if VAT is payable because the buyer has not complied with from a tenant) exceed attributable service charge The buyer must not assign, mortgage or otherwise transfer
this condition G15, the buyer must pay and indemnify the expenditure, the seller must pay to the buyer an amount or part with the whole or any part of the buyer’s interest under
seller against all costs, interest, penalties or surcharges equal to the excess when it provides the service charge this contract.
that the seller incurs as a result. account;
G27. REGISTRATION AT THE LAND REGISTRY
(b) attributable service charge expenditure exceeds payments
G16. CAPITAL ALLOWANCES on account (whether those payments have been received G27.1 This condition G27.1 applies where the lot is leasehold and its
G16.1 This condition G16 applies where the special conditions state or are still then due), the buyer must use all reasonable sale either triggers first registration or is a registrable
that there are capital allowances available in respect of the endeavours to recover the shortfall from the tenant at the disposition. The buyer must at its own expense and as soon
lot. next service charge reconciliation date and pay the as practicable:
G16.2 The seller is promptly to supply to the buyer all information amount so recovered to the seller within five business days (a) procure that it becomes registered at Land Registry as
reasonably required by the buyer in connection with the of receipt in cleared funds; proprietor of the lot;
buyer’s claim for capital allowances. but in respect of payments on account that are still due from (b) procure that all rights granted and reserved by the lease
G16.3 The value to be attributed to those items on which capital a tenant condition G11 (arrears) applies. under which the lot is held are properly noted against the
allowances may be claimed is set out in the special conditions. G22.5 In respect of service charge expenditure that is not affected titles; and
G16.4 The seller and buyer agree: attributable to any tenancy the seller must pay the (c) provide the seller with an official copy of the register
(a) to make an election on completion under Section 198 of expenditure incurred in respect of the period before actual relating to such lease showing itself registered as
the Capital Allowances Act 2001 to give effect to this completion date and the buyer must pay the expenditure proprietor.
condition G16; and incurred in respect of the period after actual completion date. G27.2 This condition G27.2 applies where the lot comprises part of
(b) to submit the value specified in the special conditions to Any necessary monetary adjustment is to be made within five
HM Revenue and Customs for the purposes of their a registered title. The buyer must at its own expense and as
business days of the seller providing the service charge
respective capital allowance computations. account to the buyer. soon as practicable:
G22.6 If the seller holds any reserve or sinking fund on account of (a) apply for registration of the transfer;
G17. MAINTENANCE AGREEMENTS
future service charge expenditure or a depreciation fund: (b) provide the seller with an official copy and title plan for
G17.1 The seller agrees to use reasonable endeavours to transfer to the buyer’s new title; and
the buyer, at the buyer’s cost, the benefit of the maintenance (a) the seller must pay it (including any interest earned on it)
agreements specified in the special conditions. to the buyer on completion; and (c) join in any representations the seller may properly make
G17.2 The buyer must assume, and indemnify the seller in respect (b) the buyer must covenant with the seller to hold it in to Land Registry relating to the application.
of, all liability under such contracts from the actual accordance with the terms of the tenancies and to G28. NOTICES AND OTHER COMMUNICATIONS
completion date. indemnify the seller if it does not do so.
G28.1 All communications, including notices, must be in writing.
G18. LANDLORD AND TENANT ACT 1987 G23. RENT REVIEWS Communication to or by the seller or the buyer may be given
G18.1 This condition G18 applies where the sale is a relevant disposal G23.1 This condition G23 applies where the lot is sold subject to a to or by their conveyancers.
for the purposes of part I of the Landlord and Tenant Act tenancy under which a rent review due on or before the actual G28.2 A communication may be relied on if:
1987. completion date has not been agreed or determined. (a) delivered by hand; or
G18.2 The seller warrants that the seller has complied with sections G23.2 The seller may continue negotiations or rent review (b) made electronically and personally acknowledged
5B and 7 of that Act and that the requisite majority of proceedings up to the actual completion date but may not
(automatic acknowledgement does not count); or
qualifying tenants has not accepted the offer. agree the level of the revised rent or commence rent review
proceedings without the written consent of the buyer, such (c) there is proof that it was sent to the address of the person
G19. SALE BY PRACTITIONER consent not to be unreasonably withheld or delayed. to whom it is to be given (as specified in the sale
G19.1 This condition G19 applies where the sale is by a practitioner G23.3 Following completion the buyer must complete rent review memorandum) by a postal service that offers normally to
either as seller or as agent of the seller. negotiations or proceedings as soon as reasonably practicable deliver mail the next following business day.
G19.2 The practitioner has been duly appointed and is empowered but may not agree the level of the revised rent without the G28.3 A communication is to be treated as received:
to sell the lot. written consent of the seller, such consent not to be (a) when delivered, if delivered by hand; or
G19.3 Neither the practitioner nor the firm or any member of the unreasonably withheld or delayed. (b) when personally acknowledged, if made electronically;
firm to which the practitioner belongs has any personal G23.4 The seller must promptly: but if delivered or made after 1700 hours on a business day a
liability in connection with the sale or the performance of the (a) give to the buyer full details of all rent review negotiations communication is to be treated as received on the next
seller’s obligations. The transfer is to include a declaration and proceedings, including copies of all correspondence business day.
excluding that personal liability. and other papers; and G28.4 A communication sent by a postal service that offers normally
G19.4 The lot is sold: (b) use all reasonable endeavours to substitute the buyer for to deliver mail the next following business day will be treated
(a) in its condition at completion; the seller in any rent review proceedings. as received on the second business day after it has been
(b) for such title as the seller may have; and G23.5 The seller and the buyer are to keep each other informed of posted.
(c) with no title guarantee; the progress of the rent review and have regard to any
and the buyer has no right to terminate the contract or any proposals the other makes in relation to it. G29. CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999
other remedy if information provided about the lot is G23.6 When the rent review has been agreed or determined the No one is intended to have any benefit under the contract
inaccurate, incomplete or missing. buyer must account to the seller for any increased rent and pursuant to the Contract (Rights of Third Parties) Act 1999.
NON-ATTENDING BID OR TELEPHONE BID
Please also sign and return the reverse side of this form
Home or
Company
(address): Postcode:
Tel: Mobile:
Email:
Hereby authorise Auction House to bid on my behalf by proxy / telephone (delete as applicable) bid for the property detailed below.
I confirm that I have read and understood the General Conditions of Sale and signed the Conditions of Bidding by Proxy or Telephone set
out overleaf.
(amount in words):
I attach a cheque for 10% of my proxy bid or £5,000, whichever is the greater, plus 0.3% inc VAT, subject to a minimum of
£840.00 (£700.00 + VAT Administration Charge).
OR
I attach a blank cheque to be completed by the Auctioneer if my bid is successful, within which he will include an
Administration fee of 0.3% inc VAT subject to a minimum of £840.00 (£700.00 + VAT).
I hereby authorise Auction House to undertake Proof of Identification checks using the information provided.
Passport Number
SOLICITORS
My solicitors are:
Of (address):
Postcode:
If my bid is successful, I authorise the Auctioneer to sign the Memorandum of Sale on my behalf and recognise that I will be the legally
bound purchaser of the property referred to above and must complete the purchase of the property within the time specified in the
General/Special Conditions of Sale.
Signed: Date:
PLEASE MARK THE ENVELOPE EITHER PROXY OR TELEPHONE BID
TERMS AND CONDITIONS FOR TELEPHONE BIDS AND BIDDING BY LETTER
Anyone not able to attend the auction and wishing to make a bid for any property,
do so on the following terms and conditions:
1. The bidder must complete a separate authority form for each Lot involved, and provide a bankers draft, solicitor’s client’s account cheque
or personal cheque for 10% of the maximum amount of the bid for each Lot. Please note the minimum deposit for any bid is £5,000 PER
LOT.
2. The bidder must upload Proof of Identity in the form of a scan of a driving licence or passport, and a scan of a utility bill to the Auctions
Passport Service that accesses the property’s Legal Pack. Also you authorise Auction House to undertake a search with Experian for the
purpose of verifying your identity. To do so Experian may check the details you supply against any particulars on any database (public or
otherwise) to which they have access. They may also use your details in the future to assist other companies for verification purposes. A
record of the search will be retained.
3. The form must be sent to, or delivered to: Written & Telephone Bids, Auction House, The Barn, Newmarket Road, Cringleford, Norwich
NR4 6UE to arrive before 6pm two working days prior to the start of the auction. It is the bidders responsibility to check that the form is
received by Auction House and this can be done by telephoning the office.
4. In the case of a telephone bid the prospective purchaser should provide a blank cheque in the name of the purchaser which the Auctioneer
will complete on behalf of the prospective purchaser if the prospective purchaser is successful in purchasing the relevant property for 10%
of the purchase price, plus the administration charge or in accordance with the General or Special Conditions of Sale relating to the lot.
5. The bidder shall be deemed to have read the “Important Notice to be read by all bidders”; the particulars of the relevant Lot in the catalogue
the general and special conditions of sale. The bidder shall be deemed to have taken all necessary professional and legal advice and to have
made enquiries and have knowledge of any announcements to be made from the rostrum of any amendments relating to the relevant Lot.
Announcements can and should be checked by bidders on the day before the auction. However, the Auctioneers will advise the bidders of
any announcements as soon as possible prior to the Auction.
6. In the case of a written bid, Auction House staff will compete in the bidding up to the maximum of the authorisation. If no maximum is
inserted, Auction House reserve the right not to bid.
7. Auction House reserve the right not to bid on behalf of written bidders, in the event of any error, doubt, omission, uncertainty as to the
bid, any failure to validate Proof of Identification, or for any reason whatsoever and give no warranty, or guarantee, that a bid would be
made on behalf of the bidder and accept no liability.
8. In the event that the written or telephone bid is successful, the Auctioneer will sign the Memorandum of the Contract on behalf of the
bidder (a Contract would have been formed on the fall of the hammer).
9. In the event of a Contract, the deposit monies will be applied so far as necessary to meet the requirement for a 10% deposit
(minimum £5,000) and the balance of the deposit (if any) will be held by the vendors solicitor pending completion. An Administration
charge of 0.3% inc VAT of the purchase price, subject to a minimum of £840.00 (£700.00 + VAT) should be added to the deposit cheque
or a separate cheque should be made payable to Auction House (N&NS) Ltd.
10. In the event that the bidder is unsuccessful in gaining the Contract, the deposit monies shall be returned to the bidder promptly.
11. 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 Auction House liable for any loss or claims relating to the telephone bidding system.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 not been purchased the prospective purchaser will be notified by post and the deposit returned as soon as reasonably possible.
12. Once delivered to the Auctioneers, the authority to bid is binding on the bidder on the day on which the particular Lot is auctioned. This is
to allow for the possibility of a Vendor agreeing to sell post auction where the bidding has not reached the reserve.
13. The authority can only be withdrawn by notification in writing delivered to Auction House at their office two hours before the start of the
auction on the day the relevant Lot is scheduled to be auctioned, or by delivery into the hands of the Auctioneer in the auction room half-
an-hour before the start of that day’s auction. It is the bidders responsibility to obtain a receipt on a copy of the withdrawal notification
signed by one of the Auctioneers and without such a receipt the authority stands, any successful Contract is binding on the bidder.
14. If the bidder, or an agent, actually bids at the auction without having previously withdrawn the authority, the Auctioneer is at liberty to
accept such bid in addition to any bid from Auction House staff as empowered under the written authority. Auction House will have no
liability whatsoever if the price achieved is the result only of this competition in bidding without intervention from other bidders.
15. Prospective purchasers are advised in respect of telephone bids should they become disconnected during bidding or are unobtainable,
Auction House will not be held responsible or liable for any loss suffered in respect thereof. I hereby confirm that I have read and understood
the above terms and conditions to bid by letter.
Please sign this page and ensure the form overleaf is completed
Auction Results
6th, 7th & 8th June 2018
Apartment 2, Foundry House, Flat 1, 18 Granville Street, 16 Clear Springs Chalet Park, 30 High Street, Saxmundham 37 Surrey Road, Ipswich
Sudbury CO10 9JR Ipswich IP1 2JE Dovercourt CO12 3TS IP17 1AB IP1 2LE
Guide: £125,000+ Guide: £80,000 - £90,000 Guide: £18,000 - £20,000 Guide: £150,000+ Guide: £90,000 - £110,000
20 Middlefield Road, Mistley 15 King Street, Aldeburgh 67 Stanley Street, Lowestoft 16 Ashby Road, Lowestoft 149 High Street, Lowestoft
CO11 2DL IP15 5BY NR32 2DY NR32 2BB NR32 1HR
Guide: £140,000 - £160,000 Guide: £475,000 - £525,000 Guide: £35,000 - £40,000 Guide: £50,000 - £60,000 Guide: £50,000 - £70,000
Double Cottage, Upgate, 9 Glebe Crescent, Cawston 4 Grove Lane, Holt 173 Sprowston Road, Norwich 2 Council Houses, Yarmouth
Swannington NR9 5AH NR10 4BD NR25 6EG NR3 4QQ Road, Hemsby NR29 4NL
Guide: £175,000 - £200,000 Guide: £140,000+ Guide: £200,000 - £250,000 Guide: £120,000 - £140,000 Guide: £100,000
The Croft, Martham Road, 108 Alexandra Road, Norwich The Oaks, 105 Fakenham 6 Eade Road, Norwich The Pottery, Main Road, Little
Rollesby NR29 5DR NR2 3EA Road, Taverham NR8 6QB NR3 3EJ Fransham NR19 2JR
Guide: £195,000 Guide: £170,000 - £185,000 Guide: £220,000 - £260,000 Guide: £130,000 - £150,000 Guide: £250,000
Building Plot adj. Brookside, Development Land, The Land at Damgate Lane, Land adj. The Orange Tree, 6 Hall Quay, Great Yarmouth
Syers Lane, Beeston PE32 2NJ Street, Dereham NR20 4QW Martham NR29 4PZ High Street PE36 6LY NR30 1HX
Guide: £250,000 - £300,000 Guide: £350,000 - £400,000 Guide: £20,000 - £40,000 Guide: £450,000 - £550,000 Guide: £60,000 - £80,000
Hilltop, Squires Hill, Upper 20 St Nicholas Close, Kings 4 St Nicholas Close, Kings 1315 Lincoln Road, Flat 7, Stonegate House,
Marham, Kings Lynn PE33 9PN Lynn PE30 1NH Lynn PE30 1NH Werrington PE4 6LW Kings Lynn PE30 5EF
Guide: £180,000 - £200,000 Guide: £40,000 - £50,000 Guide: £40,000 - £50,000 Guide: £270,000 Guide: £36,500
auctionhouse.co.uk/eastanglia
17 Neptune Quay
Ipswich IP4 1QJ
01473 558 888 PROPERTY AUCTION EXPERTS
ipswich@auctionhouse.co.uk LOCALLY REGIONALLY NATIONALLY