AUCTION CATALOGUE - seelandco.com · property professionals auction catalogue 029 2037 0117 seelandco.com auctions 15 may 2018 - 5pm

P R O P E R T Y P R O F E S S I O N A L S

A U C T I O N C A T A L O G U E

029 2037 0117seelandco.com

AUCTIONS

1 5 M AY 2 0 1 8 - 5 P M

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029 2037 0117 seelandco.com

WELCOME

Thank you for your interest in our latest property auction, the third of 2018. We have a range of residential, commercial, mixed use and land development opportunities for you within this catalogue along with some already income generating investments.

Our March auction sold 78% of the lots offered for sale.

I look forward to seeing you on the 15th May, when the auction will begin at 5:00 pm.

Good luck and happy bidding.

Marc Morrish Head of Property Auctions & Auctioneer

Seel & Co [email protected] 029 2037 0117

seelandco

15 MAY 2018 - 5PM PARK INN, CARDIFF CF23 9XF

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LOT NUMBERS AND ORDER OF SALE

1. 57 Clarence Street, Miskin, Mountain Ash, Mid Glamorgan £18,000+

2. 17 Upper Adare Street, Pontycymer, Bridgend, Mid Glamorgan Refer

3. 73 Broadway, Roath, Cardiff £100,000+

4. Plot 17 Greenfield Terrace, Penydarren, Merthyr Tydfil, Mid Glamorgan Nil Reserve

5. 55 Park Street, Penrhiwceiber, Mountain Ash, Mid Glamorgan £32,000+

6. Belmont House, 8 High Street, Llandovery, Carmarthenshire £140,000+

7. Plot 13 North of Investiture Place, off Llantrisant Road, Tonyrefail, Rhondda, Mid Glamorgan £23,000+

8. 52 Jones Street, Clydach Vale, Tonypandy, Rhondda, Mid Glamorgan £23,000+

9. 301 Albany Road, Roath, Cardiff £270,000+

10. Land adjacent to “Newfields” Buttrills Road, Barry, Vale of Glamorgan £59,000+

11. Former Coach House at rear of Duke of Clarence Hotel, Pembroke Road, Canton, Cardiff £90,000+

12. Plot 14 Greenfield Terrace, Penydarren, Merthyr Tydfil, Mid Glamorgan Nil Reseve

13. 90 Dunraven Street, Tonypandy, Rhondda, Mid Glamorgan £55,000+

14. 7a Clare Gardens, Riverside, Cardiff £75,000+


16. 2 Beryl Road, Barry, Vale of Glamorgan £135,000+

17. Land off Station Road, Treorchy, Rhondda, Mid Glamorgan Refer

18. 47 Pantmawr Road, Whitchurch, Cardiff £185,000+

19. Land lying to the South of Hendrecafn Road, Tonypandy, Rhondda, Mid Glamorgan £35,000+

20. 1 North View Terrace, Aberdare, Mid Glamorgan £40,000+

21. 6 Woodside Terrace, Crumlin, Newport, Gwent £40,000

22. 5 Roman Road, Banwen, Neath, West Glamorgan Refer


24. Frondeg, 10 Morgan Street, Pontypridd, Mid Glamorgan £59,000+

25. Pembroke Mini Market, 82 Pembroke Road, Cardiff Sold Prior

26. Plot 13 Greenfield Terrace, Penydarren, Merthyr Tydfil, Mid Glamorgan Nil Reserve

27. Bethany Baptist Chapel, Bryn Road, Waunarlwydd, Swansea, West Glamorgan £8,000+

Guide Price

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1. Attention is drawn to the General Conditions of sale printed in this catalogue relating to all properties. All prospective purchasers are invited to obtain copies of any Special Conditions specified in the catalogue in relation to each lot.

2. All prospective purchasers shall be deemed to have inspected the property and made usual pre contract enquiries and searches. Prospective bidders should check the addendum sheet available in the Auction room for alterations or amendments.

3. The successful bidder is under a binding contract as soon as the Auctioneers gavel falls on his or her bid.

4. On a property being knocked down, the successful bidder must immediately provide to the Auctioneers clerk his/her full name and address together with name and address of Solicitor acting on his/her behalf to enable the Memorandum of Contract to be completed in the form as printed in this catalogue.

This must be signed by the successful bidder and exchanged with the Auctioneers staff/ Vendors Solicitor, prior to leaving the room, accompanied by a deposit of 10% of purchase price or £2,000 whichever is the greater, plus Buyer Premium of £500 plus VAT.

5. The details relating to each Lot are set out as a general guideline only for the guidance of intending purchasers or lessees and do not constitute part of an offer or contract. All descriptions are given in good faith and believed correct, but any intending purchaser or tenant must satisfy themselves by inspection or otherwise as to the correctness of each item.

6. The Auctioneers have not tested any apparatus, equipment fittings or services and so cannot verify that they are in working order. The buyer is advised to obtain his own verification.

7. Photographs and any plans published are for convenience of prospective purchasers only and do not form part of any contract. Any sizes quoted are all approximate and for guidance only and do not form part of any contract. All properties are offered with vacant possession unless otherwise stated.

8. No person in the employment of the Auctioneers has any authority to make or give any representation or warranty whatever in relation to any property listed in this catalogue.

9. In the event of there being any addendum to the particulars of sale or the General and Special Conditions of sale, a copy of the addendum will be attached to the Memorandum of Contract and shall be signed by the purchaser and such addendum shall be deemed to form part of the sales particulars and conditions of sale and if in conflict, shall prevail.

10. Inspection of investment properties is by courtesy of the tenants. Inspection of properties with vacant possession is by arrangement with the Auctioneers or Joint Auctioneers as indicated in the Catalogue.

11. Prospective purchasers intending to bid at the Auction for a specific lot are advised to consult with the Auctioneers before the sale to enquire whether the particular lot will be offered at the Auction. The Vendor has the right to sell prior to Auction or withdraw the Lot and neither the Auctioneer nor Vendor is responsible for any abortive costs, losses or damages of a prospective Purchaser.

12. Guide Prices quoted in the catalogue and online are provided as indication of each seller’s minimum expectation. They 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 dependent on bidding in the auction room and on the vendor’s instructions.

13. Each Property will be offered subject to a reserve price which will be set at no more than 10% above a single figure guide price or within a guide price range. This is a confidential figure set between the Vendor and the Auctioneer just prior to the auction. It is a figure below which the Auctioneer cannot sell the property during the auction. After the auction offers will be sought and considered on unsold lots at prices below the reserves prices.

IMPORTANT NOTICE TO BE READ BY ALL BIDDERS

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OFFERSPre-auction offers will only be submitted to our client:

· if the bid exceeds the top Guide Price;

· the bidder is in receipt of the Legal Pack and Notice to Bidders;

· on the understanding bids are on the basis of immediate exchange of Auction Contracts upon acceptance by the vendor; and

· on the assumption the offer is your best and final offer. We cannot guarantee you will be invited to increase your bid if an alternative, satisfactory offer is received prior to exchange of contracts.


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PROOF OF IDENTITYBuyers should note that anyone wishing to bid on any property, will be required to register prior to the auction in the sale room

and will need to produce two forms of identification, one from each of the following categories:

A Photographic ID:Passport or driving licence

B Proof of Address: Current bank statement, utility bill etc.

If the bidder is acting as an agent on behalf of another party, they will be required to provide the

above detailed documents for themselves and for the principal, as well as providing the usual letter

authorising them to bid on their behalf. If the bidder is acting on behalf of a company, the detailed

documents will still be required along with written authority from the company.

DEPOSITSDeposits can be paid in cash (to a maximum of £8,000 in sterling)

or by cheque / bankers draft to the full amount.

WE CANNOT ACCEPT CREDIT OR DEBIT CARD PAYMENTS

MONEY LAUNDERING REGULATIONS

S E R V I N G L A N D L O R D S & D E V E L O P E R S S I N C E 1 8 9 8

L E T T I N G S E S TA T E SS U R V E Y S

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Jo White

HEAD OF LETTINGS

[email protected]

029 2037 0102

ACCURATE VALUATIONS,

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decades of experience to make sure you have the best information about your property.

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CHARTERED SURVEYOR

[email protected]

029 2037 0116

TRADITIONAL VALUES,MODERN APPROACH,

GREAT SERVICE

Whether it's converted flats or a purpose-built block, you can rely on

our professionalism and commitment to service to deliver the best for

freeholders and residents.

Richie Seel

HEAD OF ESTATES

[email protected]

029 2037 0125

I T M U S T B E S E E L & C O

Seel & Co Limited, The Crown House, Wyndham Crescent, Cardiff, CF11 9UH

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19

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17

16

NEWPORT

BLACKWOOD

ABERTILLERY

EBBWVALE

TREDEGAR

N A T I O N A LP A R K

Forestof Dean

CHEPSTOW

MONMOUTH

BRISTOLM5

A4042

M49

A40

A449

A449A4042

A48

A468

A469

A469

A4058

A48

A467

A467

A472

A4 72

A466

2

3

M32

A403

A4

A48

A38 A37

A472A4051

29a

COWBRIDGE

A473

M4 33

32

27

28

26

29

25a25

24

23CALDICOTM4

M48

2221

1520

BARRY

A40 A479A465

A470(T)

A470(T)

A470(T)

A465(T)

ROSSON WYE

MERTHYRTYDFIL

BRYNMAWR

CARDIFF

1

2

M4

30

TONYPANDY

34

CAERPHILLY

LLANTRISANT

A4233

A4232

PONTYPRIDDPORTH

A48

A48

#a71445R167 G20 B69

SOU

THER

N W

AY

EA

STER

NAV

ENU

ELLANEDERYN RD

CIRCLE

WAY

EAST

A42

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PARK INNHOTEL

A48

LLANEDERYNINTERCHANGE

PROPERTY AUCTION

15 MAY 2018 – 5PM Park Inn by RadissonCircle Way EastLlanedeyrnCardiff CF23 9XF

Complimentary parking on siteVisit: www.parkinn.co.uk/hotel-cardiffnorth for details and directions

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An extended three bedroom mid terraced house having part pointed stone and part rendered elevations beneath pitched slate roof coverings and benefiting from part uPVC double glazed fenestration and gas central heating (not tested).

The property is located in close proximity to the town centre of Mountain Ash with all its amenities and service providers.

Accommodation:GF: Hallway, Living room/diner, kitchen,

bathroom.

FF: Three bedrooms.

LGF: We were unable to access the whole of the rear of the garden that is accessed down steps from the kitchen back door, but understand that there may be additional space beneath the kitchen/bathroom.

OS: Enclosed forecourt, enclosed overgrown rear garden.

Tenure: Presumed Freehold – please refer to legal pack for verification of tenure.

Viewing: Auctioneers Office, Seel & Co Ltd (029) 2037 0117

Additional Fees:Buyers Premium - £600 (inc of VAT) payable on exchange of contracts.

Please check the legal pack for any further disbursements that may be payable by the purchaser on completion.

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Lot

1Extended three bedroom mid terraced house in need of refurbishment

57 Clarence Street, Miskin, Mountain Ash, Mid Glamorgan, CF45 3BD

PLEASE NOTEWe are unable to accept deposits by way of debit or credit card.

Guide Price: £18,000+


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LEGAL PACKS can be supplied by email

To request this service please email your requirements to:[email protected] [email protected] or [email protected]

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Lot

2Three bedroom mid terraced house in need of some upgrading

17 Upper Adare Street, Pontycymer, Bridgend, Mid Glamorgan, CF32 8LS

A three bedroom mid terraced house having brick and spar rendered elevations beneath a pitched slate roof covering and benefiting from double glazed uPVC fenestration and gas central heating (not tested) via a Vaillant combination boiler.

The property is located approximately 6 miles from the M4 motorway and 8.5 miles from Bridgend. Local shops, school and amenities can also be found in Pontycymer.

Accommodation:GF: Entrance hall, lounge, inner hall and

bathroom.

LGF: Kitchen/diner, store area.

FF: Landing, three bedrooms.

OS: Gated forecourt, lawned garden to rear with pedestrian gate providing access to rear lane.





Guide Price: REFER

VIEW TO REAR

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A mid terraced mixed use premises comprising of a former butchers on the ground floor with a flat above, front elevation having colourwashed stone and glazed display windows beneath a pitched slate roof covering.

The property is located within an established retail/trading position close to the city centre and major road links.

Accommodation: GF: Retail area, preparation area, walk in cold

store, kitchen, further prep area, inner hallway with staircase to first floor.

FF: Landing, lounge, bedroom, bathroom.

OS: Block built storage shed, yard with access to rear lane.

Tenure: Presumed Freehold – please refer to the legal pack for verification of tenure.

Viewing: Auctioneers Office, Seel & Co (029) 2037 0117



Lot

3Mixed use property in need of upgrading

73 Broadway, Roath, Cardiff, CF24 1QE



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PLEASE NOTE Addenda are subject to change up until the time of the auction. Please check theaddendum and the respective legal pack of the property you are bidding on.

A plot of land with direct road frontage onto Greenfield Terrace that could offer residential development potential or change of use (subject to obtaining all necessary consents). The site is elevated and in a popular residential location and near the local Gellifaelog primary school.

The plot is located within close proximity to Merthyr Tydfil town centre with all its amenities and service providers and has good access links to the A465 Heads of the Valleys trunk road.

Tenure: Freehold – please refer to the legal pack for verification of tenure and the sale plan.

Viewing: The land is open for inspection, but due to the topography of the site; it is recommended that interested parties exercise caution when entering upon the land. Neither the seller nor the auctioneers will be responsible for any accident howsoever caused.

Further Information: Auctioneers Office, Seel & Co Ltd (029) 2037 0117



Guide Price: Nil Reserve

Lot

4Parcel of land in residential area with development potential (subject to planning)

Plot 17, Greenfield Terrace, Penydarren, Merthyr Tydfil, Mid Glamorgan, CF47 9HN

PLAN FOR IDENTIFICATION PURPOSE ONLY. NOT TO SCALE.

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A three bedroom bay fronted mid terrace house having pointed stone and spar rendered elevations beneath a pitched slate roof covering benefiting from uPVC double glazed fenestration installed in 2015 and gas central heating (not tested)via a combination boiler.

The property is located close to local shops and amenities, with good access to the A470 and local train station with a service to Pontypridd town centre and Cardiff city centre.

Accommodation: GF: Hallway, lounge/dining room, kitchen.

FF: Landing, three bedrooms, bathroom.

OS: Elevated forecourt, terraced rear garden.

Tenure:Presumed Freehold – please refer to the legal pack for verification of tenure.




Lot

5Part improved three bedroom mid terraced house

55 Park Street, Penrhiwceiber, Mountain Ash, Mid Glamorgan, CF45 3YW


ROMILLYFINANCIAL


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A substantial end of terraced six bedroom townhouse having colourwashed rendered elevations beneath a pitched slate roof covering completely refurbished in 2008 by the present owners benefiting from gas central heating (not tested) via a Worcester Bosch combination boiler. The property has been used to provide a short term holiday letting business for the previous 10 years. There are a number of original period features throughout the house and would suit a family occupancy, second home or continuation of a holiday letting set up.

Located in the centre of the town close to a number of local shops, amenities, castle, hospital and the highly regarded College.

Accommodation:GF: Hallway, lounge, sitting room, kitchen/

dining room, lobby, utility room, w/c.

FF: Landing, four bedrooms, study area, bathroom, separate w/c.

SF: Landing, two bedrooms, shower room.

OS: Rear yard with side access pathway

Tenure: Advised freehold – please refer to legal pack for further information.

Viewing:Auctioneers Office, Seel and Co Ltd (029) 2037 0117



Lot

6Substantial refurbished end of terrace townhouse in popular market town

Belmont House, 8 High Street, Llandovery, Carmarthenshire, SA20 0PU


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An area of land benefitting from road frontage that extends to approximately 4.04 hectares (10 acres) in a rural location to the east of the village of Tonyrefail. The land can be accessed directly off Llantrisant Road, one of the spine roads that connect Tonyrefail to Trebanog. The land benefits from pleasant views across the surrounding countryside.

The land may be suitable for agricultural/grazing purposes subject to obtaining all necessary consents.

The land is currently outside the settlement boundary within Rhondda Cynon Taf Council’s Local Development Plan (2006-2021) but interested parties are advised to make their own enquiries with the council’s planning department.

Tenure:Freehold subject to any rights, claims, easements, tenancies or wayleaves that may or may not exist – please refer to legal pack for verification.

Viewing:The land is open for inspection; but it is recommended that interested parties exercise caution if entering upon the land. Neither the seller nor the auctioneers will be responsible for any accident howsoever caused.

Please Note: We have been advised that the site has a “Site of Special Scientific Interest” (SSSI) status. Prospective purchasers are advised to make their own enquiries with National Resources Wales (NRW) on 03000 653 164




Lot

7Parcel of land in rural location

Plot 13, North of Investiture Place (Rhiwgarn Fawr), off Llantrisant Road, Tonyrefail, Porth, Rhondda, Mid Glamorgan, CF39 8LY


Call us on 0161 933 7155 or visit togethermoney.com/propertyportfolio

Property portfolio or a semi-detached in Glasgow?

Our lowest ever rate from

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No matter who you are, our common sense approach makes Buy-to-Let simple.

It doesn’t matter to us if you have one or one hundred properties, our process keeps everything nice and simple. In fact, with our new lowest ever rate, our award-winning Buy-to-Let mortgages have never been easier.

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.

*Other fees and charges apply and are variable based on the loan amount

AERIAL PLAN FOR IDENTIFICATION PURPOSES ONLY

Call us on 0161 933 7155 or visit togethermoney.com/propertyportfolio

Property portfolio or a semi-detached in Glasgow?

Our lowest ever rate from

5.99%*

No matter who you are, our common sense approach makes Buy-to-Let simple.

It doesn’t matter to us if you have one or one hundred properties, our process keeps everything nice and simple. In fact, with our new lowest ever rate, our award-winning Buy-to-Let mortgages have never been easier.

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.

*Other fees and charges apply and are variable based on the loan amount

16


An end terraced property with a triple storey extension to the rear having part spar and part cement rendered elevations with a clad pine end, all beneath pitched slate roof coverings.

The property is located off the main road through Clydach Vale and is approximately one mile from the main town centre of Tonypandy with its mix of retail and service providers.

Accommodation:We have not inspected the property internally but understand that it is comprised of:

GF: Entrance hall, lounge, kitchen.

FF: Landing, four bedrooms, bathroom.

OS: Overgrown rear garden with side access and access to potential store area within the lower ground floor.


Viewing: External viewings only.




Lot

8An extended end terraced property

52 Jones Street, Clydach Vale, Tonypandy, Rhondda, Mid Glamorgan, CF40 2BY


ON BEHALF OF RHONDDA CYNON TAF COUNTY BOROUGH COUNCIL

PLEASE NOTEBuyers are responsible for insuring anyproperty from exchange of contracts.


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A substantial three storey five double bedroom mid terraced property having pointed stone and rendered elevations beneath a pitched slate roof covering benefiting from uPVC double glazed fenestration, gas central heating (not tested) via a combination boiler and a wealth of original period features. Full planning has been granted for conversion of the entire building to form 1 x one bedroom ground floor apartment, 1 x one bedroom first floor apartment, 1 x two bedroom garden duplex apartment, 1 x two bedroom apartment. The house is also suitable for owner occupation having been well maintained although modernisation is required.

The property is located close to local shops, boutiques, restaurants and bars at Albany Road/Wellfield Road. Also close at hand are Roath Park Recreational parks and the popular Waterloo Gardens. School catchment is also for the sought after Marlborough Road Primary School.

Accommodation: GF: Hallway with original mosaic tiled

floor, lounge, sitting room, dining room, kitchen, pantry, w/c.

FF: Landing, three double bedrooms, bathroom, separate w/c, store.

SF: Landing, two double bedrooms, store room (with potential of further accommodation with a dormer roof section being added).

OS: Gated forecourt, lawned rear garden with pedestrian gate to rear lane and garage.

Additional Information:Further plans are available from the auctioneer’s office.

Tenure:Advised Freehold – please refer to legal pack for verification of tenure.

Viewing:Auctioneers Office, Seel & Co Ltd (029) 2037 0117



Lot

9Three storey property in popular location with full planning for conversion to four apartments

301 Albany Road, Roath, Cardiff, CF24 3NY



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A triangular parcel of land extending to approximately 300 sq.m (0.07 acres)or thereabouts in an established residential area in Barry and approximately 1.5 miles from Barry Island. The land is located on a prominent corner position along Buttrills Road and once developed, the property could benefit from sea views.

The land benefits from full planning permission for a three bedroom detached house, with master bedroom including en suite bathroom and walk in wardrobe. The internal configuration of the proposed house does allow the potential for conversion into a 4 bedroom dwelling. We have been advised by the vendor that ecavation of the footings is complete and concrete foundations are already poured.

The planning consent (2016/01306/FUL) was granted by The Vale of Glamorgan Council on December 14th 2016 and interested parties are advised to make any further enquiries with the Council’s planning department in this regard.


Viewing: The land can be viewed from the pavement fronting the site on Buttrills Road.


Lot

10Parcel of land with full planning permission

Land adjacent to ‘Newfields’, Buttrills Road, Barry, Vale of Glamorgan CF62 8EF






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Lot

11Coach house with full planning for conversion to a two bedroom residential dwelling

Former Coach House at the rear of The Duke of Clarence Hotel, Pembroke Road, Canton, Cardiff, CF5 1QP

A two storey coach house having brick elevations beneath a pitched slate roof covering benefiting from full planning for conversion into a two bedroom dwelling under planning reference: 16/01335/MNR with Cardiff County Council. The building may also suit other uses such as a studio/workshop/office (subject to all necessary consents).

The building is located close to local shops, schools, amenities and local parks in a very popular area of the city. Further plans and information are available from the auctioneer’s office.

Accommodation:GF: Open area to the ground

floor with staircase to first floor.

FF: Open area.

OS: Garden area to the rear.



Please Note: VAT is payable in addition to purchase price





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A plot of land with direct road frontage onto Greenfield Terrace that could offer residential development potential or change of use (subject to obtaining all necessary consents). The site is elevated and in a popular residential location and near the local Gellifaelog primary school.



Viewing:The land is open for inspection, but due to the topography of the site; it is recommended that interested parties exercise caution when entering upon the land. Neither the seller nor the auctioneers will be responsible for any accident howsoever caused.





Lot



PLAN FOR IDENTIFICATION PURPOSES ONLY



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Lot

13Substantial mixed use premises with coach house in need of refurbishment suitable for development/investment

90 Dunraven Street, Tonypandy, Rhondda, Mid Glamorgan, CF40 1AP

A substantial mixed use building having a pitched slate roof covering and generous accommodation over three levels plus a coach house to the rear with potential of conversion into a separate dwelling (subject to all necessary consents). To the ground floor is an open plan retail area of approximately 105 sqm. with display frontage either side of a central entrance. The spacious residential element is arranged over the two floors above and benefits from gas central heating (not tested).

The property is located in a good position within the town centre close to the car park and other national and local retailers. The town offers transport links to Pontypridd and Cardiff City Centre.

Accommodation: GF: Retail area measuring approximately 105

sqm./1130 sq ft. with steps leading up to two w/c’s and access to the coach house and upper residential parts.

FF: Spacious lounge, kitchen, bathroom, inner hallway, three bedrooms.

SF: Two further rooms, kitchen/dining room, bathroom.

Coach House: Two storey building having spar and smooth cast rendered elevations beneath a pitched tile roof covering with double doors providing street access and door providing access from a covered pathway.

GF: Two rooms.

FF: One large room with access to decked area. The building has potential for conversion (subject to all necessary consents) into a separate dwelling, which has already been carried out to a neighbouring property.

OS: Decked sitting areas.






Joint Auctioneers

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A two double bedroom apartment occupying the entire ground floor of this traditional converted mid terraced property with cellar providing additional storage space. The property has a pointed stone front elevation and colourwashed rendered rear elevation and benefits from gas central heating (not tested) via combination boiler and uPVC double glazed fenestration.

The property is situated in a popular location overlooking the park, close to local shops, schools, amenities and is within walking distance of Cardiff City Centre.

Accommodation: GF: Communal hallway

providing access to the flat. Private hallway, lounge, kitchen, two double bedrooms, bathroom.

LGF: Spacious cellar area providing ample storage space with potential of extending the accommodation (subject to all necessary consents).

Tenure:Please refer to the legal pack for verification of tenure.




Lot

14Two bedroom ground floor apartment close to city centre in need of upgrading

7A Clare Gardens, Riverside, Cardiff, CF11 6EN



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An area of land benefitting from road frontage that extends to approximately 1.9 hectares (4.7 acres) in a rural location to the east of the village of Tonyrefail. The land can be accessed directly off Llantrisant Road, one of the spine roads that connect Tonyrefail to Trebanog. The land benefits from pleasant views across the surrounding countryside.

The land may be suitable for agricultural/grazing purposes or pony paddock, subject to obtaining all necessary consents. The land has a disused air shaft located on part of the site that has been fenced off.




Please Note: We have been advised that the site has a “Site of Special Scientific Interest” (SSSI) status. Prospective purchasers are advised to make their own enquiries with National Resources Wales (NRW) on 03000 653 164





Lot



AERIAL PLAN FOR IDENTIFICATION PURPOSES ONLY

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Lot

16Substantial detached three storey commercial building suitable for investment with planning for conversion into residential use

2 Beryl Road, Barry, Vale of Glamorgan, CF62 8DN

A substantial detached building (we are informed measures approximately 1,927 sq ft/179 sqm) having colourwashed rendered elevations beneath a pitched slate roof covering. The property benefits from gas central heating (not tested) via a combination boiler and timber double glazed fenestration with potential for off road parking as stated under the condition of the current planning that has been granted. The building was previously let on an income of £18,000 per annum. Full planning has also been granted for conversion into two residential units under planning reference 2016/00970/FUL from the Vale of Glamorgan Council.

The detached building is located off the High Street of this popular seaside town. The town boasts many restaurants and bars, local and national retailers, local beaches, parks, waterfront development and excellent transport links to Cardiff City Centre.

Accommodation: GF: Central entrance hallway,

office 1, office 2, disabled w/c, additional w/c, staff area, kitchen area, lobby and store.

FF: Landing, large office across the entire width of property (potential to partition into separate smaller areas), male w/c, female w/c and further office.

SF: Landing, two office rooms and store.

OS: Area to rear currently laid to concrete with potential for off road parking as stated under the condition of the current planning that has been granted.






Joint Auctioneers


25

A triangular parcel of land extending to approximately 650 sq.m (0.16 acres) or thereabouts in a prominent position within Treorchy town centre. The site lies close to the Co-operative Food supermarket and opposite Treorchy Library and the well known Parc and Dare theatre. The land is relatively level and can be accessed directly from Station Road and is within walking distance of the town centre retail area that benefits from a mix of local traders, national retailers, financial services and food outlets and licensed premises.

The site has previously benefitted from planning consent for a retail store and 4 x 1bedroom flats (06/1433/16) that was approved in August 2007, but it has subsequently expired. Interested parties are advised to make any enquiries with the Council’s planning department in this regard.


Viewing: The land is open for inspection.




Guide Price: Refer

Lot

17Parcel of land with development potential

Land off Station Road, Treorchy, Rhondda, Mid Glamorgan, CF42 6UA

Joint Auctioneers


26


A bay fronted three bedroom end of terraced house having part brick and colourwashed rendered elevations beneath a pitched slate roof covering benefiting from uPVC double glazed fenestration and gas central heating (not tested) via a Worcester Bosch combination boiler.

The property is located in the sought after area of Whitchurch with its local shops, restaurants, good school catchment and excellent access to the A470/M4.

Accommodation: GF: Hall, lounge, dining room, kitchen, lean to

conservatory, w.c.


OS: Enclosed garden to the front with pedestrian gate. Rear garden is predominantly paved, substantial store/workshop with electricity and pedestrian door from garden.

Tenure:Advised Freehold – please refer to legal pack for verification of tenure.

Viewing:Auctioneers Office, Seel & Co Ltd (029) 2037 0117



Lot

18THREE BEDROOM HOUSE IN SOUGHT AFTER LOCATION IN NEED OF MODERNISATION

47 PANTMAWR ROAD, WHITCHURCH, CARDIFF, CF14 7TB


Swansea 01792 773 773Caerphilly 029 2086 0628 Cardiff 029 2022 5472Carmarthen 01267 234 022Cowbridge 01446 771 742Fishguard 01348 873 671

Haverfordwest 01437 764 723Pontypridd 01443 408 455St Davids 01348 873 671

[email protected]

You may only buy a new home once or twice in your lifetime. We do it everyday.

Free advice on dayPre auction reports availableClear fixed quotesLexcel & CQS AccreditedLocal property specialists


27

Auction Specialists

CARDIFF 029 2040 4020Hallinans House, 22 Newport Road, CF24 0TD

SWANSEA 01792 4100164 Langdon House, Langdon Road, SA1 4AQ

CAERPHILLY029 2086 711172/74 Cardiff Road, CF83 1JQ

TALBOT GREEN01443 230411First Floor, 83 Talbot Road, CF72 8AE

NEWPORT01633 22796029 Bridge Street, NP20 4BG

CARDIFF 029 2048 436662 Albany Road, Roath, CF24 3RR

You should take legal advice before bidding on an auction property.

We will be present to provide legal advice in the room on the day of the auction.

Howells offer free initial legal advice.

Pre auction reports available.

Fixed fee conveyancing.

Deadlines met.

Call us today - FREEPHONE: 0808 178 2773

www.howellslegal.com e-mail: [email protected]

Planning

Supporting Development Success• Residential & Commercial

Planning

• Urban Design & Master-planning

• Development Appraisals

• Listed Building Consent

• Local Plan Representations

• Public Engagement

• Appeals

Director: Wayne Reynolds MSc MA MRTPI E: [email protected] T: 01994 220667 M: 07855 646586

Atriarc Half Page_Final_Feb_2013.indd 1 21/02/2013 09:58

28


A parcel of land extending to approximately 800 sq.m (0.20 acres) or thereabouts in an established residential area in Penygraig. The land slopes gently from west to east and is accessed directly from Station Street within the village and has good access links to the A4119 by pass.

The land benefits from full planning permission for a four bedroom detached house, with en suite and detached double garage. The planning consent (16/0447/10) was granted by Rhondda Cynon Taf County Borough Council on August 12th 2016 and interested parties are advised to make any enquiries with the Council’s planning department in this regard.

Tenure: Freehold.

Viewing:The land is open for inspection.




Lot

19Parcel of land with full planning permission

Land lying to the South of Hendrecafn Road, Tonypandy, Rhondda, Mid Glamorgan, CF40 1LQ

Guide Price: £35,000+ PLANS FOR IDENTIFICATION PURPOSE ONLY. NOT TO SCALE.


29

Buying at Auction?Do it with your eyes open...

...with specialist help from James Morgan Solicitors

• Legal Advice on Property Matters

• Established 1877

• Free initial discussion and quotation

We can also help with:

• Landlord and tenant issues

• Freehold acquisitions or lease management problems

• Commercial contracts

• Small business advice

• Wills and deceased estates

Consultations local to you can be arranged by prior appointment.

18a Merthyr RoadWhitchurch, Cardiff CF14 1DG

029 2062 [email protected]

1st Floor Eagle HousePort Talbot, SA13 1DH

01639 [email protected]

www.jmsolicitors.co.uk

30


An end of terrace house with a substantial double storey extension to the side (both in shell condition) benefiting from full planning for a five bedroom dwelling located on a large corner plot offering further development potential subject to all necessary consent.

The property is located in an attractive elevated position having good access to the town and the A4059. A local train and bus service provides transport links to Pontypridd and Cardiff.





Lot

20Development opportunity – End of terrace house with double storey extension in shell condition on large plot

1 North View Terrace, Aberdare, Mid Glamorgan, CF44 6BJ




31

Lot

21Mid terraced property for owner occupation/investment

6 Woodside Terrace, Crumlin, Newport, Gwent NP11 5EW

Guide Price: £40,000

A three bedroom double fronted mid terraced house set over three floors having spar rendered elevations beneath a pitched tiled roof covering benfiting from double glased (uPVC) fenestration and gas central heating (not tested) via a combination boiler.

The property is located within the town having local shops, public house, school and is located approximately 13 miles from Newport City Centre.

Accommodation:GF. Hallway, reception

room, second reception room /third bedroom.

LGF. Kitchen, cloakroom w/c (formerly shower room with plumbing in place), dining room.

FF. Landing, two bedrooms, bathroom.

OS. Forecourt with leading to storage area. Rear garden with elevated decked seating area and steps leading down to further garden area.

Solid brick rendered store.

Tenure:Presumed Freehold – please refer to legal pack for verification of tenure.




32


A three bedroom mid terraced house having spar rendered elevations beneath a pitched slate roof covering benefiting from uPVC double glazed fenestration and gas central heating (not tested) via a Worcester Bosch combination boiler.

The house is ready for immediate occupation and is suitable for owner purchase or investment.

The house is located approximately 14 miles from the M4 motorway, 13 miles from Neath and within 5 miles of the A465 Heads of the Valleys Road on the edge of the Brecon Beacons National Park.

Accommodation:GF: Hallway, lounge/dining room, kitchen, lobby, bathroom.

FF: Landing, three bedrooms.

OS: Paved and lawned garden to rear with pedestrian gate leading to lane with potential for off road parking.





Lot

22Three bedroom mid terraced house for owner occupation/investment

5 Roman Road, Banwen, Neath, West Glamorgan, SA10 9LH

Guide Price: Refer


33

An area of land benefitting from road frontage that extends to approximately 1.62 hectares (4 acres) in a rural location to the east of the village of Tonyrefail. The land can be accessed directly off Llantrisant Road, one of the spine roads that connect Tonyrefail to Trebanog. The land benefits from pleasant views across the surrounding countryside.

The land may be suitable for agricultural/grazing purposes or pony paddock, subject to obtaining all necessary consents.




Please Note: We have been advised that the site has a “Site of Special Scientific Interest” (SSSI) status. Prospective purchasers are advised to make their own enquiries with National Resources Wales (NRW) on 03000 653 164.




Lot




AERIAL PLAN FOR IDENTIFICATION PURPOSES ONLY & PHOTO

34



A traditional semi detached house having colourwashed roughcast and smooth cast part rendered and brick elevations with pointed stone front elevation beneath a pitched tiled roof covering benefiting from uPVC double glazed fenestration and gas central heating (not tested) via Worcester Bosch combination boiler.

The property is located within the town centre close to the local bus station, Taff Street with its many local and national shop occupiers and Ynysangharad Park. A mixture of commercial and residential uses can be found on Morgan Street. In our opinion the property would suit conversion into offices or let as a house of multiple occupation (HMO) with a number of regulations already in place within the property.

Accommodation:GF: Hallway, reception 1, reception 2, kitchen.


OS: Gated forecourt with pathway at side leading to rear garden having an outside store.

Tenure: Advised Freehold – Please refer to legal pack for verification.

Viewing:Auctioneers Office, Seel & Co (029) 2037 0117



Lot

24Semi detached house in town centre location

Frondeg, 10 Morgan Street, Pontypridd, Mid Glamorgan, CF37 2DS


ON BEHALF OF RHONDDA CYNON TAF COUNTY BOROUGH COUNCIL


35

A substantial end terrace mixed use premises on the corner of Pembroke Road and Romilly Place comprising Pembroke mini market newsagent and general store to the ground floor, with additional storage/stock rooms to the rear. The maisonette and coach house can be accessed separately from Romilly Place.

The property is situated in a predominantly residential area and located in close proximity to Thompson Park and Llanover Hall Arts Centre and within walking distance of both Pontcanna and Victoria Park with all the amenities that they provide. The property is also within walking distance of Cowbridge Road East in Canton with all its retail facilities and amenities including the well respected Chapter Arts Centre.

The ground floor shop has a double fronted display window with the property having brick and rendered elevations and uPVC double glazed fenestration installed beneath pitched slate roof coverings. The storage area adjacent to the coach house

and kitchen attached to the maisonette comprise a flat roof covering. The shop benefits from air conditioning and the property has solar energy roof panels.

The property offers a good redevelopment/investment/business opportunity with the potential to continue the existing use or other uses suitable in a residential area. Alternatively the property could offer scope for conversion into separate units subject to obtaining all necessary consents. Interested parties are advised to make their own enquiries with Cardiff City Council planning department.

We have been advised by the vendor that the flat was until recently let at a rent of £650 pcm (£7,800 per annum).

Accommodation:GF: Newsagent & General store,

additional storage areas, access into the ground floor of the coach house, w/c. Entrance hall and kitchen of the maisonette, with stairs leading to the first floor.

FF: Split level landing, living room, two bedrooms, shower room.

SF: Attic room.

Coach House: Two storey with roller shutter pedestrian access.





Lot

25A prominent mixed use end terrace property with additional coach house to the rear – redevelopment/investment business opportunity

Pembroke Mini Market, 82 Pembroke Road, Cardiff, CF5 1QP

Guide Price: Sold Prior

SOLD PRIOR

36


A plot of land that could offer residential development potential or change of use (subject to obtaining all necessary consents). The site is elevated and in a popular residential location and near the local Gellifaelog primary school.


Please note: The plot will have a right of way granted from Greenfield Terrace.


Viewing: The land is open for inspection, but due to the topography of the site; it is recommended that interested parties exercise caution when entering upon the land. Neither the seller nor the auctioneers will be responsible for any accident howsoever caused.




Lot






37

A former detached Baptist chapel situated just off the main road running through the village of Waunarlwydd, having pointed stone elevations beneath a part pitched tiled and part pitched slate covered roof. The chapel built in 1875 and rebuilt in 1908 with additional vestry room to the rear retains pews and pulpit with a graveyard within its grounds.

We understand that the graveyard will retain rights of access across the footpath that runs from the front of the site and directly accessed from the pavement on Bryn Road. Further information can be found within the legal pack.

The chapel may be suitable for a number of alternative uses, subject to obtaining all necessary consents and is located in a predominantly residential area and within easy access of Junction 47 of the M4 with good access links both west and east.

Accommodation:GF: Foyer, church hall, vestry

(with separate access into the grounds).

OS: Gated pedestrian access leading to the front of the chapel and graveyard which contains some Japanese Knotweed and is sold subject to rights, claims, easements or restrictions which may apply.

Tenure: Freehold – please refer to legal pack for verification of tenure.



Please check the legal pack for any further disbursements that may be payable by the purchaser on completion

Lot

27Former chapel with alternative use potential

Bethany English Baptist Chapel, Bryn Road, Waunarlwydd, Swansea, West Glamorgan, SA5 4RA



38


END OF AUCTIONPlease refer to auctioneers for details of any late entries.

LEGAL PACKS can be supplied by email

To request this service please email your requirements to:[email protected] [email protected] or [email protected]




39

Date of Auction: Lot No:

Bidder’s name

Address:

Tel no. Mobile Home:

Tel no at time of auction:

SOLICITOR

Firm name:

Solicitor’s name:

Address:

Telephone no:

I hereby authorise the Auctioneers staff to bid on my behalf in accordance with the terms and conditions set out herein headed ‘bidding by telephone or by letter’, which I confirm I have read and understood.

I request that the Auctioneers attempt to contact me on the telephone at the relevant time to enable me to bid myself. (Delete if telephone bid is not required).

The bid that I hereby Authorise is: Lot No:

Auction Date:

Address of Lot:

Maximum Bid: £

(amount in words)

I attach a cheque for deposit of £ (plus Buyer’s Premium of £500 + VAT)

(10% of maximum bid or £2,000 whichever is the greater)

Signature of Bidder:

Date:

If the person signing is not the bidder, then the signatory warrants that authority has been given by the bidder.

Name: (please print)

Address: (if different from the bidder)

Telephone no:

TELEPHONE / PROXY BIDDING FORM

40


1. The bidder must complete a separate authority form for each lot and provide a bankers draft, Solicitors, clients account cheque or cheque signed by a Building Society, for 10% of the maximum amount bid for each lot, subject to a minimum or £2,000 plus Buyers Premium of £600 plus VAT made payable to: SEEL & CO. LIMITED.

2. The form must be sent, or delivered to, the Auctioneers office, The Crown House, Wyndham Crescent, Canton, Cardiff to arrive before 5pm two working days prior to the date of that’s months relevant Auction. It is the bidder’s responsibility to check that the form is received by telephoning the Auctioneers office.

3. The bidder shall be deemed to have read the ‘Important Notice’ to be read by all bidder’s, particulars of the relevant lot in the catalogue and the General and Special Conditions of Sale. The prospective purchaser shall be deemed to have taken all necessary professional and legal advice and to have made enquires 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 of the Auction.

4. In the case of telephone bids attempts will be made to contact the bidder by telephone and if successful, the bidder may then compete in the bidding. UP

TO THE MAXIMUM OF THE AMOUNT AUTHORISED IN THE COMPLETED AUTHORITY FORM.

5. In the event that the proposed bidder cannot be contacted or communication breaks down, or there is any confusion or disruption, the Auctioneers will bid/continue to bid on behalf of the bidder up to the maximum of the authorisation.

6. In the case of written bids the Auction staff will compete in the bidding up to the maximum of the authorisation.

7. The right is reserved not to bid on behalf of telephone/written bidders in the event of any error, doubt, omission or uncertainty of the bid for any reason whatsoever. No warranty or guarantee is given that a bid will be made on behalf of the bidder and no liability is accepted in this regard.

8. In the event that the telephone/ written bid is successful the Auctioneer will sign the Memorandum of Contract on behalf of the bidder as 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, (or minimum £2,000 as applicable). In the event that the bidder is unsuccessful in gaining the contract, the deposit monies shall be returned to the bidder promptly.

10. Once delivered to the Auctioneers, the authority to bid is binding on the bidder up to 9.00 pm 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.

11. The authority can only be withdrawn by notification in writing delivered to the offices of Seel & Co Ltd., 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 Auctioneers in the Auction room half an hour before the start of the Auction that day. It is the bidders responsibility to obtain a receipt on a copy of the withdrawal notification signed by one of the Auctioneers staff and without such a receipt the authority stands and any successful Contract is binding on the bidder.

12. If the bidder, or the 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 Department staff as empowered under the telephone/ written authority form. The Auctioneers would have no liability whatsoever if the price achieved is the result of this competition in bidding without intervention from other bidders.

BIDDING BY TELEPHONE / PROXY


41

INTRODUCTIONThe common auction conditions have three main sections:

Glossary This gives special meanings to some words used in the rest of the conditions

The conduct of the auction These conditions regulate the conduct of the auction. If you read our catalogue or attend the auction you do so on the basis that you accept them

Conditions of sale If you buy a lot you will sign a sale memorandum under which you agree to be bound by the conditions of sale that apply to that lot. These conditions are:• General conditions that apply to

all lots• Any extra general conditions in the

catalogue or an addendum• Special conditions that only apply to the

lot you are buying (and which may vary the general conditions)

The conditions are legally binding.

Important noticeA prudent buyer will, before bidding for a lot at an auction:

• Take professional advice from a conveyancer and, in appropriate cases, a chartered surveyor and an accountant

• Read the conditions • Inspect the lot • Carry out usual searches and make

usual enquiries • Check the content of all available

leases and other documents relating to the lot

• Check that what is said about the lot in the catalogue is accurate

• Have finance available for the deposit and purchase price

• Check whether VAT registration and election is advisable.

The conditions assume that the buyer has acted like a prudent buyer.

If you choose to buy a lot without taking these normal precautions you do so at your own risk.

GLOSSARYIn the conditions wherever it makes sense:

• singular words can be read as plurals, and plurals as singular words

• a ‘person’ includes a corporate body • words of one gender include the other

genders and where the following words appear in blue they have the specified meanings:

Actual completion dateThe date when completion takes place or is treated as taking place for the purposes of apportionment and calculating interest

AddendumAn amendment or addition to the conditions whether contained in a supplement to the catalogue, a written notice from the auctioneers or an oral announcement at the auction

Agreed completion date(a) the date specified in the special conditions, or

(b) if no date is specified, 20 business days after the contract date but if that date is not a business day the first subsequent business day

ArrearsArrears of rent and other sums due under the tenancies but unpaid on the actual completion date

Auction The auction advertised in the catalogue

AuctioneersThe auctioneers at the auction

Business day Any day except (a) a Saturday or a Sunday (b) a bank holiday in England and Wales or (c) Good Friday or Christmas Day

BuyerThe person who agrees to buy the lot or, if applicable, that person’s personal representatives: if two or more are jointly the buyer all obligations can be enforced against them jointly or against each of them separately

CatalogueThe catalogue to which the conditions refer including any supplement to it

CompletionCompletion of the sale of the lot

ConditionsThis glossary, the conditions for the conduct of the auction, the general conditions, any extra conditions and the special conditions

ContractThe contract by which the seller agrees to sell and the buyer agrees to buy the lot

Contract dateThe date of the auction or, if the lot is not sold at the auction:

(a) the date of the sale memorandum signed by both the seller and buyer or

(b) if contracts are exchanged, the date of exchange. If exchange is not effected in person or by an irrevocable agreement to exchange made by telephone, fax or electronic mail the date of exchange is the date on which both parts have been signed and posted or otherwise placed beyond normal retrieval.

DocumentsDocuments of title (including, if title is registered, the entries on the register and the title plan) and other documents listed or referred to in the special conditions relating to the lot

Extra conditionsAny additions to or variations of the conditions that are of general application to all lots

General conditionsThe conditions so headed

Interest rateIf not specified in the special conditions, 4% above the base rate from time to time of Barclays Bank plc

LotEach separate property described in the catalogue or (as the case may be) the property that the seller has agreed to sell and the buyer to buy

Old arrearsArrears due under any of the tenancies that are not ‘new tenancies’ as defined by the Landlord and Tenant (Covenants) Act 1995

ParticularsThe section of the catalogue that contains descriptions of each lot

PractitionerA receiver, administrative receiver or liquidator or a trustee in bankruptcy

PriceThe price that the buyer agrees to pay for the lot

Ready to completeReady, willing and able to complete: if completion would enable the seller to discharge all financial charges secured on the lot that have to be discharged by completion, then those outstanding financial charges do not prevent the seller from being ready to complete

Sale memorandumThe form so headed set out in the catalogue in which the terms of the contract for the sale of the lot are recorded

SellerThe person selling the lot

Special conditionsThe conditions so headed that relate to the lot

TenanciesTenancies, leases, licences to occupy and agreements for lease and any documents varying or supplemental to them

TransferIncludes a conveyance or assignment (and to transfer includes to convey or to assign)

TUPEThe Transfer of Undertakings (Protection of Employment) Regulations 1981 as modified or re-enacted from time to time

VATValue Added Tax or other tax of a similar nature

VAT electionan election to waive exemption from VAT in respect of the lot

We (and us and our)The auctioneers

You (and your)Someone who has a copy of the catalogue or who attends or bids at the auction, whether or not a buyer

COMMON AUCTION CONDITIONS

42


The Catalogue is issued only on the basis that You accept these conditions relating to the conduct of the Auction. They override all other Conditions and can only be varied if We agree.

OUR ROLEAs agents for each Seller we have the authority to: • Prepare the Catalogue from information

supplied by or on behalf of each Seller • Offer each Lot for sale • Sell each Lot • Receive and hold deposits • Sign each Sale Memorandum • Treat a Contract as repudiated if the

Buyer fails to sign a Sale Memorandum or pay a deposit as required by the Conditions.

Our decision on the conduct of the Auction is final.

We may cancel the Auction , withdraw Lots from sale, or alter the order in which Lots are offered for sale. We may also combine or divide Lots.

You acknowledge that to the extent permitted by law We owe You no duty of care and You have no claim against Us for any loss.

BIDDING AND RESERVE PRICESWe may refuse to accept a bid. We do not have to explain why.

If there is a dispute over bidding We are entitled to resolve it, and Our decision is final.

Unless stated otherwise each Lot is subject to a reserve price. If no bid equals or exceeds that reserve price the Lot will be withdrawn from the Auction.

The Seller may bid (or ask Us or another agent to bid on the Seller’s behalf) up to the reserve price but may not make a bid equal to or exceeding the reserve price.

Where a guide price is given that price is not to be taken as an indication of the value of the Lot or of the reserve price.

THE PARTICULARS AND OTHER INFORMATIONWe have taken reasonable care to prepare Particulars that correctly describe each Lot. However, the Particulars are based on information supplied by or on behalf of the Seller and We are not responsible for errors.

The Particulars are for Your information but You must not rely on them. They do not form part of any Contract between the Seller and the Buyer.

If We provide any information or a copy of any document We do so only on the basis that We are not responsible for its accuracy.

THE CONTRACTA successful bid is one We accept as such.

If You make a successful bid for a Lot You are obliged to buy that Lot on the terms of the Sale Memorandum. The Price will be the amount You bid plus VAT (if applicable). You must before leaving the Auction.

• Provide all information We reasonably need from You to enable us to complete the Sale Memorandum including appropriate proof of identity.

• Sign the completed Sale Memorandum • Pay the deposit.

and if You do not We may either: • As agent for the Seller treat that failure

as Your repudiation of the Contract and offer the Lot for sale again: the Seller may then have a claim against You for breach of contract

• Sign the Sale Memorandum on Your behalf.

Deposits must be paid by cheque or by bankers’ draft drawn on an Approved Bank in Our favour. The Catalogue states whether We also accept cash, or debit or credit cards.

We may retain the Sale Memorandum signed by or on behalf of the Seller until We receive the deposit in cleared funds.

If You make a successful bid for a Lot : • You are personally liable to buy it even

if You are acting as an agent. It is Your responsibility to obtain an indemnity from the person for whom You are the agent

• Where the Buyer is a company You warrant that the Buyer is properly constituted and able to buy the Lot

• If the Buyer does not comply with its obligations under the Contract You are personally liable to buy the Lot and must indemnify the Seller in respect of any loss the Seller incurs as a result of the Buyer’s default.

THE CONDUCT OF THE AUCTION

DEPOSITS

Successful bidders must pay a deposit of

£2,000 or 10% of the final bid price, whichever is the greater before leaving the auction venue. Deposits are only payable by means of a cheque or cash. We do not accept credit or debit cards.

£


43

The general conditions apply except to the extent that they are varied by extra conditions, the special conditions or by an addendum.

1. THE LOT 1.1 The lot, including any rights granted and reserved, is

described in the special conditions.

1.2 The lot is sold subject to all subsisting tenancies, but otherwise with vacant possession on completion.

1.3 The lot is sold subject to all matters contained or referred to in the documents (except financial charges: these the seller must discharge on or before completion) and to such of the following as may affect it, whether they arise before or after the contract date and whether or not they are disclosed by the seller or are apparent from inspection of the lot or from the documents:

(a) matters registered or capable of registration as local land charges

(b) matters registered or capable of registration by any competent authority or under the provisions of any statute

(c) notices, orders, demands, proposals and requirements of any competent authority

(d) charges, notices, orders, restrictions, agreements and other matters relating to town and country planning, highways or public health

(e) rights, easements, quasi-easements, and wayleaves (f) outgoings and other liabilities (g) any interest which overrides, within the meaning

of the Land Registration Act 2002 (h) matters that ought to be disclosed by the searches

and enquiries a prudent buyer would make, whether or not the buyer has made them

(i) anything the seller does not and could not reasonably know about

and where any such matter would expose the seller to liability the buyer is to comply with it and indemnify the seller against liability.

1.4 The seller must notify the buyer of any notices, orders, demands, proposals and requirements of any competent authority of which it learns after the contract date but the buyer must comply with them and keep the seller indemnified.

1.5 The lot does not include any tenant’s or trade fixtures or fittings.

1.6 Where chattels are included in the lot the buyer takes them as they are at completion and the seller is not liable if they are not fit for use.

1.7 The buyer buys with full knowledge of:

(a) the documents whether or not the buyer has read them

(b) the physical condition of the lot and what could reasonably be discovered on inspection of it, whether or not the buyer has inspected it.

1.8 The buyer is not relying on the information contained in the particulars or in any replies to preliminary enquiries but on the buyer’s own verification of that information. If any information is not correct any liability of the seller and any remedy of the buyer are excluded to the extent permitted by law.

2. DEPOSIT2.1 The amount of the deposit is the greater of:

(a) any minimum deposit stated in the catalogue (or the total price, if this is less than that minimum), and

(b) 10% of the price exclusive of VAT.

2.2 The deposit:

(a) must be paid to the auctioneers by cheque or banker’s draft drawn on a UK clearing bank or building society (or by such other means of payment as they accept)

(b) is to be held as stakeholder unless the special conditions provide that it is to be held as agent for the seller.

2.3 Where the auctioneers hold the deposit as stakeholder they are authorised to release it and any interest on

it to the seller on completion or, if completion does not take place, to the person entitled to it under the conditions.

2.4 If a cheque for the deposit is not cleared on first presentation the seller is entitled to treat the contract as at an end and bring a claim against the buyer for breach of contract.

2.5 Interest earned on the deposit belongs to the seller unless the conditions provide otherwise.

3. TRANSFER OF RISK AND INSURANCE 3.1 From the contract date the seller is under no

obligation to insure the lot and the buyer bears all risk of loss or damage unless: (a) the lot is sold subject to a tenancy that requires the seller to insure the lot or (b) the special conditions require the seller to insure the lot.

3.2 If the seller is to insure the lot then the seller:

(a) must produce to the buyer on request relevant insurance details

(b) must use reasonable endeavours to maintain that or equivalent insurance and pay the premiums when due

(c) gives no warranty as to the adequacy of insurance (d) must, at the request of the buyer, use reasonable

endeavours to have the buyer’s interest noted on any insurance policy that does not cover a contracting purchaser

(e) must, unless otherwise agreed, cancel the insurance at completion (f) is to hold in trust for the buyer any insurance payments that the seller receives in respect of loss or damage arising after the contract date

and the buyer must on completion reimburse to the seller the cost of insurance (to the extent it is not paid by a tenant or other third party) from and including the contract date

3.3 If under a tenancy the seller insures the lot then unless otherwise agreed with the buyer the seller is to pay any refund of premium.

(a) to the buyer or (b) if the special conditions so state, to each tenant in

the proportion that the tenant pays premiums under its tenancy, first deducting any arrears of premium due from that tenant. 3.4 Section 47 of the Law of Property Act 1925 does not apply.

3.5 Unless the buyer is already lawfully in occupation of the lot the buyer has no right to enter into occupation prior to completion.

4. TITLE 4.1 Unless general condition 4.2 applies, the buyer accepts

the title of the seller to the lot as at the contract date and may raise no requisition or objection except in relation to any matter following the contract date.

4.2 The buyer may raise no requisition or objection to any documents made available before the auction but in relation to any of the documents that is not available before the auction the following provisions apply:

(a) if the lot is registered land the seller is to give to the buyer within five business days of the contract date an official copy of the entries on the register and title plan and of all documents noted on the register that affect the lot

(b) if the lot is not registered land the seller is to give to the buyer within five business days an abstract or epitome of title starting from the root of title mentioned in the special conditions (or, if none is mentioned, a good root of title more than 15 years old) and must produce to the buyer the original or an examined copy of every relevant document

(c) the buyer has no right to object to or make requisitions on any title information more than seven business days after that information has been given to the buyer.

4.3 Unless otherwise stated in the special conditions the seller sells with full title guarantee except that:

(a) all matters recorded in registers open to public inspection are to be treated as within the actual

knowledge of the buyer and (b) any implied covenant as to compliance with

tenant’s obligations under leases does not extend to the state or condition of the lot where the lot is leasehold property.

4.4 If title is in the course of registration title is to consist of certified copies of:

(a) the documents sent to the Land Registry (b) the application to the Land Registry and a letter

under which the seller or its conveyancer agrees to use all reasonable endeavours to answer any requisitions raised by the Land Registry and to instruct the Land Registry to send the completed registration documents to the buyer.

4.5 The transfer is to have effect as if expressly subject to all matters subject to which the lot is sold under the contract.

4.6 The seller does not have to produce, nor may the buyer object to or make a requisition in relation to, any prior or superior title even if it is referred to in the documents.

5. TRANSFER5.1 Unless a form of transfer is set out in the special

conditions:

(a) the buyer must supply a draft transfer to the seller at least ten business days before the agreed completion date and the engrossment (signed as a deed by the buyer if condition 5.2 applies) five business days before that date or (if later) two business days after the draft has been approved by the seller and

(b) the seller must approve or revise the draft transfer within five business days of receiving it from the buyer.

5.2 If the seller remains liable in any respect in relation to the lot (or a tenancy) following completion the buyer is specifically to covenant in the transfer to indemnify the seller against that liability.

5.3 The seller cannot be required to transfer the lot to anyone other than the buyer, or by more than one transfer.

6. COMPLETION 6.1 Completion is to take place at the offices of the

seller’s conveyancer, or where the seller may reasonably require, on the agreed completion date. The seller can only be required to complete on a business day and between the hours of 0930 and 1700.

6.2 The amount payable on completion is the balance of the price adjusted to take account of apportionments plus (if applicable) VAT and interest.

6.3 Payment is to be made in pounds sterling and only by:

(a) direct transfer to the seller’s conveyancer’s client account and

(b) the release of any deposit held by a stakeholder.

6.4 Unless the seller and the buyer otherwise agree completion takes place when both have complied with their obligations under the contract and the total payment is unconditionally received in the seller’s conveyancer’s client account.

6.5 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 apportionment and calculating interest, as if it had taken place on the next business day.

6.6 Where applicable the contract remains in force following completion.

7. NOTICE TO COMPLETE 7.1 The seller or the buyer may on or after the agreed

completion date but before completion give the other notice to complete within 10 business days (excluding the date on which the notice is given) making time of the essence.

7.2 The person giving the notice must be ready to complete.

7.3 If the buyer fails to comply with a notice to complete

GENERAL CONDITIONS OF SALE

44


the seller may, without affecting any other remedy the seller has:

(a) rescind the contract (b) claim the deposit and any interest on it if held by

a stakeholder (c) forfeit the deposit and any interest on it (d) resell the lot and (e) claim damages from the buyer.

7.4 If the seller fails to comply with a notice to complete the buyer may, without affecting any other remedy the buyer has:

(a) rescind the contract and (b) recover the deposit and any interest on it from the

seller or, if applicable, a stakeholder.

8. IF THE CONTRACT IS BROUGHT TO AN END If the contract is rescinded or otherwise brought to an

end:

(a) the buyer must return all papers to the seller and appoints the seller its agent to cancel any registration of the contract

(b) the seller must return the deposit and any interest on it to the buyer (and the buyer may claim it from the stakeholder, if applicable) unless the seller is entitled to forfeit the deposit under general condition 7.3.

9. LANDLORD’S LICENCE 9.1 Where the lot is leasehold land and licence to assign

is required this condition applies.

9.2 The contract is conditional on that licence being obtained, by way of formal licence if that is what the landlord can lawfully require.

9.3 The agreed completion date is to be not earlier than the date five business days after the seller has given notice to the buyer that the licence has been obtained.

9.4 The seller must:

(a) use all reasonable endeavours to obtain the licence at the seller’s expense and

(b) enter into any authorised guarantee agreement properly required.

9.5 The buyer must: (a) promptly provide references and other relevant information, and (b) comply with the landlord’s lawful requirements.

9.6 If within three months of the contract date (or such longer period as the seller and buyer agree) the licence has not been obtained the seller or the buyer may (if not then in breach of any obligation under this condition) by notice to the other rescind the contract at any time before licence is obtained. Rescission is without prejudice to the claims of either seller or buyer for breach of this condition 9.

10. INTEREST AND APPORTIONMENTS 10.1 If the actual completion date is after the agreed

completion date for any reason other than the seller’s default the buyer must pay interest at the interest rate on the price (less any deposit paid) from the agreed completion date up to and including the actual completion date.

10.2 The seller is not obliged to apportion or account for any sum at completion unless the seller has received that sum in cleared funds. The seller must pay to the buyer after completion any sum to which the buyer is entitled that the seller subsequently receives in cleared funds.

10.3 Income and outgoings are to be apportioned at actual completion date unless:

(a) the buyer is liable to pay interest and (b) the seller has given notice to the buyer at any

time up to completion requiring apportionment on the date from which interest becomes payable.

10.4 Apportionments are to be calculated on the basis that: (a) the seller receives income and is liable for outgoings for the whole of the day on which apportionment is to be made (b) annual income and expenditure accrues at an equal daily rate assuming 365 days in a year and income and expenditure

relating to a period of less than a year accrues at an equal daily rate during the period to which it relates (c) where the amount to be apportioned is not known at completion apportionment is to be made by reference to the best estimate then available and further payment is to be made by seller or buyer as appropriate within five business days of the date when the amount is known (d) rent payable in arrear for a period that includes the day of apportionment is to be apportioned for that period as if paid in advance.

11. ARREARS 11.1 The seller retains the right to receive and recover

old arrears.

11.2 While any arrears due to the seller remain unpaid the buyer must: (a) try to collect them in the ordinary course of management but need not take legal proceedings, distrain or forfeit the tenancy (b) pay them to the seller within five business days of receipt in cleared funds (plus interest at the interest rate calculated on a daily basis for each subsequent day’s delay in payment) (c) on request, at the cost of the seller, assign to the seller or as the seller may direct the right to demand and sue for old arrears, such assignment to be in such form as the seller’s conveyancer may reasonably require (d) if reasonably required, allow the seller’s conveyancer to have on loan the counterpart of any tenancy against an undertaking to hold it to the buyer’s order (e) not release any tenant or surety from liability to pay arrears or accept a surrender of or forfeit any tenancy under which arrears are due; and (f) if the buyer disposes of the lot prior to recovery of all arrears obtain from the buyer’s successor in title a covenant in favour of the seller in similar form to this condition 11.

11.3 Where the seller has the right to recover arrears it must not without the buyer’s written consent bring insolvency proceedings against a tenant or seek the removal of goods from the lot.

12. MANAGEMENT 12.1 This condition applies where the lot is sold subject to

tenancies.

12.2 The seller is to manage the lot in accordance with its standard management policies pending completion.

12.3 Unless set out in the special conditions the seller must consult the buyer on all management issues that would affect the buyer after completion, such as an application for licence or a rent review under a tenancy, a variation, surrender, agreement to surrender or proposed forfeiture of a tenancy, or a new tenancy or agreement to grant a new tenancy and: (a) the seller must comply with the buyer’s reasonable requirements unless to do so would (but for the indemnity in paragraph (c) expose the seller to a liability that the seller would not otherwise have, in which case the seller may act reasonably in such a way as to avoid that liability (b) if the seller gives the buyer notice of the seller’s intended act and the buyer does not object within five business days giving reasons for the objection the seller may act as the seller intends, and (c) the buyer is to indemnify the seller against all loss or liability the seller incurs through acting as the buyer requires, or by reason of delay caused by the buyer.

13. RENT DEPOSITS 13.1 This condition applies where the seller is holding or

otherwise entitled to money by way of rent deposit in respect of a tenancy. In this condition ‘rent deposit deed’ means the deed or other document under which the rent deposit is held.

13.2 If the rent deposit is not assignable the seller must on completion hold the rent deposit on trust for the buyer and, subject to the terms of the rent deposit deed, comply at the cost of the buyer with the buyer’s lawful instructions.

13.3 Otherwise the seller must on completion pay and assign its interest in the rent deposit to the buyer under an assignment in which the buyer covenants with the seller to: (a) observe and perform the

seller’s covenants and conditions in the rent deposit deed and indemnify the seller in respect of any breach (b) give notice of assignment to the tenant and (c) give such direct covenant to the tenant as may be required by the rent deposit deed.

14 VAT 14.1 Where the conditions require money to be paid the

payer must also pay any VAT that is chargeable on that money, but only if given a valid VAT invoice.

14.2 Where the special conditions state that no VAT election has been made the seller confirms that none has been made by it or by any company in the same VAT group nor will be prior to completion.

15 TRANSFER AS A GOING CONCERN

15.1 Where the special conditions so state the seller and the buyer intend the sale to be treated as a transfer of a going concern and this condition applies. 1

5.2 The seller confirms that the seller or a company in the same VAT group: (a) is registered for VAT and (b) has, where necessary, made in relation to the lot a VAT election that remains valid.

15.3 The buyer: (a) is registered for VAT, either in the buyer’s name or as a member of a VAT group (b) has made, or will make before completion, a VAT election in relation to the lot (c) is to give to the seller as early as possible before the agreed completion date evidence of the VAT registration and that a VAT election has been made and notified in writing to HM Revenue and Customs (d) must not revoke the VAT election. and if it does not produce the relevant evidence at least two business days before the agreed completion date, general condition 14.1 applies at completion.

15.4 The buyer confirms that after completion the buyer intends to: (a) retain and manage the lot for the buyer’s own benefit as a continuing business as a going concern subject to and with the benefit of the tenancies, and (b) collect the rents payable under the tenancies and charge VAT on them

15.5 Unless the seller obtains agreement to the contrary from HM Revenue and Customs (a) the seller must on or as soon as reasonably practicable after completion transfer to the buyer all VAT records for the lot and (b) the buyer must keep those records available for inspection by the seller at all reasonable times.

15.6 If, after completion, it is found that the sale of the lot is not a transfer of a going concern then: (a) the seller’s conveyancer is to notify the buyer’s conveyancer of that finding and provide a VAT invoice in respect of the sale of the lot and (b) the buyer must within five business days of receipt of the VAT invoice pay to the seller the VAT due and (c) if VAT is payable because the buyer has not complied with this condition 15, the buyer must pay and indemnify the seller against all costs, interest, penalties or surcharges that the seller incurs as a result.

16. CAPITAL ALLOWANCES 16.1 This condition applies where the special conditions

state that there are capital allowances available in respect of the lot.

16.2 The seller is promptly to supply to the buyer all information reasonably required by the buyer in connection with the buyer’s claim for capital allowances.

16.3 The value to be attributed to those items on which capital allowances may be claimed is set out in the special conditions.

16.4 The seller and buyer agree: (a) to make an election on completion under Section 198 of the Capital Allowances Act 2001 to give effect to this condition, and (b) to submit the value specified in the special conditions to HM Revenue and Customs for the purposes of their respective capital allowance computations.

17. MAINTENANCE AGREEMENTS 17.1 The seller agrees to use reasonable endeavours to

transfer to the buyer, at the buyer’s cost, the benefit

GENERAL CONDITIONS OF SALE continued


45

GENERAL CONDITIONS OF SALE continued

of the maintenance agreements specified in the special conditions.

17.2 The buyer must assume, and indemnify the seller in respect of, all liability under such contracts from the actual completion date.

18. LANDLORD AND TENANT ACT 1987 18.1 This condition applies where the sale is a relevant

disposal for the purposes of part I of the Landlord and Tenant Act 1987.

18.2 Unless the special conditions state otherwise the seller warrants that the seller has complied with sections 5B and 7 of that Act and that the requisite majority of qualifying tenants has not accepted the offer.

19. SALE BY PRACTITIONER

19.1 This condition applies where the sale is by a practitioner as agent of the seller.

19.2 The practitioner has been duly appointed and is empowered to sell the lot.

19.3 The practitioner and the practitioner’s partners and staff have no personal liability in connection with the sale or the performance of the seller’s obligations. The transfer is to include a declaration excluding the personal liability of the practitioner and of the practitioner’s partners and staff:

19.4 The lot is sold: (a) in its condition at completion (b) whether or not vacant possession is provided (c) for such title as the seller may have and (d) with no title guarantee. and the buyer has no right to rescind the contract or any other remedy if information provided about the lot is inaccurate, incomplete or missing.

19.5 Where relevant: (a) the documents must include certified copies of the charge under which the practitioner is appointed, the document of appointment by the lender and the practitioner’s acceptance of appointment, and (b) the seller may require the transfer to be by the lender exercising its power of sale under the Law of Property Act 1925.

19.6 The buyer understands this condition 19 and agrees that it is fair in the circumstances of a sale by a practitioner.

20. TUPE 20.1 Unless the special conditions state that TUPE applies

then the seller warrants that there are no employees whose contracts of employment will transfer to the buyer on completion.

20.2 If the special conditions state that TUPE applies then: (a) the seller has informed the buyer of those employees whose contracts of employment will transfer to the buyer on completion (b) not less than five business days before the agreed completion date the buyer must confirm to the seller that the buyer has offered to employ those employees on the same terms as, or better terms than, their existing contracts of employment (c) the buyer is to keep the seller indemnified against all liability for those employees after completion.

21. ENVIRONMENTAL

21.1 This condition only applies where the special conditions so provide.

21.2 The seller has made available such reports as the seller has as to the environmental condition of the lot and has given the buyer the opportunity to carry out investigations (whether or not the buyer has read those reports or carried out any investigation) and the buyer admits that the pricetakes into account the environmental condition of the lot.

21.3 The buyer agrees to indemnify the seller in respect of all liability for or resulting from the environmental condition of the lot..

22. SERVICE CHARGE 22.1 This condition applies where the lot is sold subject

to tenancies that include service charge provisions.

22.2 No apportionment is to be made at completion in respect of service charges.

22.3 Within two months after completion the seller must provide to the buyer a detailed service charge account for the service charge year current on completion showing: (a) service charge expenditure attributable to each tenancy (b) payments on account of service charge received from each tenant (c) any amounts due from a tenant that have not been received (d) any service charge expenditure that is not attributable to any tenancy and is for that reason irrecoverable.

22.4 In respect of each tenancy, if the service charge account shows that: (a) payments on account (whether received or still then due from a tenant) exceed attributable service charge expenditure, the seller must pay to the buyer an amount equal to the excess when it provides the service charge account (b) attributable service charge expenditure exceeds payments on account (whether those payments have been received or are still then due), the buyer must use all reasonable endeavours to recover the shortfall from the tenant at the next service charge reconciliation date and pay the amount so recovered to the seller within five business days of receipt in cleared funds and in respect of payments on account that are still due from a tenant condition 11 (arrears) applies.

22.5 In respect of service charge expenditure that is not attributable to any tenancy the seller must pay any incurred in respect of the period before actual completion date and the buyer must pay any incurred in respect of the period after actual completion date. Any necessary monetary adjustment is to be made within five business days of the seller providing the service charge account to the buyer.

22.6 If the seller holds any reserve or sinking fund on account of future service charge expenditure: (a) the seller must assign it (including any interest earned on it) to the buyer on completion and (b) the buyer must covenant with the seller to hold it in accordance with the terms of the tenancies and to indemnify the seller if it does not do so.

23. RENT REVIEWS 23.1 This condition applies where the lot is sold subject

to a tenancy under which a rent review due on or before the actual completion date has not been agreed or determined.

23.2 The seller may continue negotiations or rent review proceedings up to the actual completion date but may not agree the level of the revised rent or commence rent review proceedings without the written consent of the buyer, such consent not to be unreasonably withheld or delayed.

23.3 Following completion the buyer must complete rent review negotiations or proceedings as soon as reasonably practicable but may not agree the level of the revised rent without the written consent of the seller, such consent not to be unreasonably withheld or delayed.

23.4 The seller must: (a) give to the buyer full details of all rent review negotiations and proceedings, including copies of all correspondence and other papers, and (b) use all reasonable endeavours to substitute the buyer for the seller in any rent review proceedings.

23.5 The seller and the buyer are to keep each other informed of the progress of the rent review and have regard to any proposals the other makes in relation to it.

23.6 When the rent review has been agreed or determined the buyer must account to the seller for any increased rent and interest recovered from the tenant that relates to the seller’s period of ownership within five business days of receipt of cleared funds.

23.7 If a rent review is agreed or determined before completion but the increased rent and any interest recoverable from the tenant has not been received by completion the increased rent and any interest recoverable is to be treated as arrears.

23.8 The seller and the buyer are to bear their own costs in relation to rent review negotiations and proceedings.

24. TENANCY RENEWALS 24.1 This condition applies where the tenant under a

tenancy has the right to remain in occupation under part II of the Landlord and Tenant Act 1954 (as amended) and references to notices and proceedings are to notices and proceedings under that Act.

24.2 Where practicable, without exposing the seller to liability or penalty, the seller must not without the written consent of the buyer (which the buyer must not unreasonably withhold or delay) serve or respond to any notice or begin or continue any proceedings.

24.3 If the seller receives a notice the seller must send a copy to the buyer within five business days and act as the buyer reasonably directs in relation to it.

24.4 Following completion the buyer must: (a) with the co-operation of the seller take immediate steps to substitute itself as a party to any proceedings (b) use all reasonable endeavours to conclude any proceedings or negotiations for the renewal of the tenancy and the determination of any interim rent as soon as reasonably practicable at the best rent or rents reasonably obtainable (c) if any increased rent is recovered from the tenant (whether as interim rent or under the renewed tenancy) account to the seller for the part of that increase that relates to the seller’s period of ownership of the lot within five business days of receipt of cleared funds.

24.5 The seller and the buyer are to bear their own costs in relation to the renewal of the tenancy and any proceedings relating to this.

25. WARRANTIES 25.1 Available warranties are listed in the special

conditions.

25.2 Where a warranty is assignable the seller must: (a) on completion assign it to the buyer and give notice of assignment to the person who gave the warranty (b) apply for, and the seller and the buyer must use all reasonable endeavours to obtain, any consent to assign that is required. If consent has not been obtained by completion the warranty must be assigned within five business days after the consent has been obtained.

25.3 If a warranty is not assignable the seller must on completion: (a) hold the warranty on trust for the buyer (b) at the buyer’s cost comply with such of the lawful instructions of the buyer in relation to the warranty as do not place the seller in breach of its terms or expose the seller to any liability or penalty.

26. NO ASSIGNMENT The buyer must not assign, mortgage or otherwise

transfer or part with the whole or any part of the buyer’s interest under this contract.

27. NOTICES AND OTHER COMMUNICATIONS 27.1 All communications, including notices, must be in

writing. Communication to or by the seller or the buyer may be given to or by their conveyancers.

27.2 If a communication is delivered by hand or is otherwise proved to have been received then it is given when delivered or received. If delivered or received after 1700 hours on a business day it is to be treated as received on the next business day. 27.3 If a communication is to be relied on that is not delivered by hand or otherwise proved to have been received it must be sent by first-class registered or recorded delivery post to the address of the person to whom it is to be given as specified in the sale memorandum. Such a communication will be treated as received on the second business day after it has been posted. 28. Contracts (Rights of Third Parties) Act 1999 The contract is enforceable only by the seller and the buyer and (if applicable) their successors in title and, to the extent permitted by the conditions, by the auctioneers.


Seel & Co Limited, The Crown House, Wyndham Crescent, Cardiff, CF11 9UH

AUCTIONS

Thinking of selling or buying at auction, but not sure how?

Contact Marc Morrish, head of auctions for confidential advice and guidance on 029 2037 0117 or email [email protected]

Marc Morrish (029) 2037 0117Paul White (029) 2037 0107Eleanor Byrne (029) 2037 0117Leanna Lock (029) 2037 0122Emily Murphy (029) 2037 0105

seelandco.com/auction

Auction Date Closing date for catalogue entries:

3rd July 6 June

11 September 15 August

30 October 3 October

11 December 14 November

F U T U R E A U C T I O N S – 2 018


47

Agreement Date: Lot No:

Property:

Purchaser’s Name:

Address:

Post Code

Telephone no:

I /We do acknowledge that we have this day purchased the property described in the attached particulars and subject to the foregoing conditions.

for the sum of: £ having paid to the Auctioneers a deposit of: £

(amount in words)

I/We hereby agree to pay the balance and to complete the purchase according to particulars, general and special conditions of sale applicable to all or individual lots.

Completion Date:

Signed by or on behalf of Purchaser:

Name of Signatory:

Purchase Price: £

Deposit: £ (plus Buyer’s Premium of £500 + VAT)

Balance Payable:

Vendor:

Signed as agents for vendor(s):

Purchaser’s Solicitors:

Address:

Post Code

Telephone no:

F.A.O:

Duly authorised to accept notices for purpose of this contract.

MEMORANDUM OF CONTRACT

AUCTIONS

Seel & Co AuctionsWyndham Crescent, Cardiff CF11 9UH

For more information call 029 2037 0117or email [email protected]


N E X T A U C T I O N

3 July 2018, 5pm

Park Inn by Radisson, LlanedeyrnClosing date for catalogue entries: 6 June 2018