Auction Thursday, 28th February 2019 commencing at 12pm - T: 020 8492 9449 - Barnett Ross

 
Auction Thursday, 28th February 2019 commencing at 12pm - T: 020 8492 9449 - Barnett Ross
Auction
Thursday, 28th February 2019
commencing at 12pm

Venue:                           Auctioneers:
The Radisson Blu Portman Hotel   John Barnett FRICS
22 Portman Square                Jonathan Ross MRICS
London W1H 7BG
                                 T: 020 8492 9449
Auction Thursday, 28th February 2019 commencing at 12pm - T: 020 8492 9449 - Barnett Ross
Current Auction:
Thursday 28th February 2019

Forthcoming Auctions:
Thursday, 16th May 2019
Wednesday, 17th July 2019
Tuesday, 29th October 2019
Tuesday, 17th December 2019
Auction Thursday, 28th February 2019 commencing at 12pm - T: 020 8492 9449 - Barnett Ross
Barnett Ross Catalogue February 2019

Thursday, 28th February 2019

                                                                 Bake
                           .
                       e Rd
                  lebon
                                                     Glou

              Mary

                                                                  r St.
                                                      ceste
                                                       r Pla

 Edgware
                                                            ce

  Road                                                                                      Radisson Blu
                                                                                            Portman Hotel
   Ed
     gw
       ar
         e
        Rd

                                                                      e St.
                                                                 Georg
          .

                               e St.                                      an Sq
                                                                               .
                          Georg                                      Portm
                                                                                                      t.
                                                                                                 ore S
                                          eley S
                                                t.
                                                                                      .      Wigm
                                    r Berk                                       an Sq
                                Uppe                                        Portm
                                                                                          Orch
                                                                        Portm

                                                                                           ard S

                                                 t.
                                            our S
                                        Seym
                                                     Marble Arch
                                                                             an S

                                                                                                               .
                                                                                                      Oxford St
                                                                                                 t.
                                                                                 t.

                                                                                                                   Bond Street
                                        ch
                               Marble Ar

The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

commencing at 12pm

                                                                                                                                 Contents
                                                                                                                                 Notice to all Bidders                                    2

                                                                                                                                 Important information                                    3

                                                                                                                                 Meet the Team                                            4

                                                                                                                                 Order of Sale                                            6

                                                                                                                                 Lots 1–44                                            16–67

                                                                                                                                 EPC Appendix                                            68

                                                                                                                                 General Conditions of Sale                           70–71

                                                                                                                                 Barnett Ross Results                                    72

                                                                                                                                 Memorandum                                              73

                                                                                                                                                                                                1
Auction Thursday, 28th February 2019 commencing at 12pm - T: 020 8492 9449 - Barnett Ross
Notice to all Bidders
    1.   Please note the General Conditions of Sale which are                    The ‘Guide’ can be published as follows:
         included with this catalogue and the Special Conditions
                                                                                 a. ‘Reserve below’ which means the ‘Reserve’ will be below the
         of Sale which are available on request. An Addendum will
                                                                                    shown amount.
         be made available on the Auction Day and the bidder should
         check whether the lot which he/she is interested in bidding for         b. A single price figure where the ‘Reserve’ is not to exceed it.
         is included.
                                                                                 c. A single price figure with a + symbol where the ‘Reserve’ is
    2.   Prospective purchasers are assumed to have inspected the                   not to exceed that figure by more than 10%.
         properties in which they are interested and to have made all
                                                                                 d. A minimum and maximum price range where the ‘Reserve’
         usual pre-contract searches and enquiries.
                                                                                    is to be within that range.
    3.   The successful Bidder is Bound under Contract as soon as
                                                                                 The Seller’s expectation as to the sale price may change
         the Auctioneer’s gavel falls on his/her final bid. Immediately
                                                                                 during the marketing period as a result of interest received
         thereafter the successful Bidder will be handed a Form to fill
                                                                                 from prospective Buyers. Therefore, the Seller may increase
         out supplying details of his/her name and address together
                                                                                 or decrease the ‘Reserve’ at any time up to just before
         with (if different) the name and address of the purchaser and
                                                                                 bidding commences. If the ‘Reserve’ becomes fixed at a
         those of his/her solicitors. He/she must also supply a cheque
                                                                                 level that makes the ‘Guide’ misleading, the Auctioneers will
         for the deposit, which we will hold at our office. The bidder
                                                                                 subsequently issue a revised ‘Guide’ as soon as is practicable.
         will be given our bank account details and must arrange
                                                                                 Accordingly, prospective bidders should monitor the ‘Guide’
         to transfer the deposit monies to our client bank account
                                                                                 with the Auctioneers prior to the Auction taking place via our
         the following day by way of a ‘same day CHAPS payment.’
                                                                                 website at barnettross.co.uk
         Once these funds are received we will shred your cheque.
                                                                             10. In addition to the purchase price the Buyer or Bidder will be
    4.   The information from the Form will be used to complete a
                                                                                 liable to pay Barnett Ross Ltd a non-refundable administration
         memorandum of contract similar to the one at the back of
                                                                                 fee as specified on the Particulars of Sale and there may also
         this catalogue which the purchaser must sign and hand to
                                                                                 be additional non-optional fixed or variable fees and costs. To
         the Auctioneer’s staff prior to leaving the room.
                                                                                 establish the full cost of purchasing a property please inspect
    5.   If the Purchaser’s memorandum of contract is not signed, the            the special conditions of sale and all other documentation
         Auctioneer, or any person authorised by them, will sign the             in the legal pack. Please also refer to the addendum at
         memorandum of contract on behalf of the Bidder/Purchaser.               barnettross.co.uk for updates.
    6.   The Auctioneers endeavour to have copies of title documents,        11. If a Bidder cannot attend the Auction and wishes to make
         leases, licences etc. and a local search available for inspection       a telephone or proxy bid, then arrangements should be
         at their offices and in the auction room. It is recommended that        made on a form available from the Auctioneers prior to
         anyone wishing to inspect such documents should telephone               the sale.
         first to ensure that the required documents are available.
                                                                             12. The purchaser is usually responsible for insurance on the
    7.   If any Bidders are intending to come to the Auction                     property as and from exchange of contracts. We are usually
         for a specific lot they are advised to checkwith the                    aware of the existing cover and can often arrange cover
         Auctioneers on the morning of the sale to ensure that the               immediately on the day at attractive rates.
         particular lot will be offered at the Auction as a lot can be
                                                                             13. Energy Performance Certificates (EPCs) – The Asset
         sold or withdrawn at any time prior to being offered.
                                                                                 Rating for the EPCs that were available for lots at the time the
    8.   Some plans or extracts from plans in this catalogue are based           catalogue was printed are displayed in the ‘EPC Appendix’ at
         upon the Ordnance Survey Map with the sanction of the                   the rear of the catalogue. EPCs for all lots can be viewed by
         Controller of H.M. Stationery Office Crown Copyright reserved.          accessing the ‘Request Legal Pack & EPC’ facility displayed on
                                                                                 each lot page on our On-line Catalogue.
    9.   Reserve
         The ‘Reserve’ is the minimum figure for which a property            14. Any personal information provided to us in respect of an
         can be sold as agreed between the Seller and the Auctioneer.            offer or purchase may be passed to our client and/or their
         The ‘Reserve’ is not disclosed and remains confidential                 representative. More information on how we hold and process
         between the Seller and the Auctioneer.                                  your data is available on our website at barnettross.co.uk
                                                                             15. In respect of Lot 8 there is a disclosure under the Estate
         Guide                                                                   Agents Act 1979 contained in the Special Conditions of Sale.
         Where a ‘Guide’ is stated, it is an indication of the Seller’s
         current minimum acceptable price (‘Reserve’) at auction.
         A ‘Guide’ is published to assist prospective buyers in deciding
         whether or not to pursue a purchase. A ‘Guide’ does not
         represent an anticipated sale price or a valuation and the
         eventual sale price may be higher or lower. The sale price
         is determined at auction and as such cannot be predicted
         in advance.

2
Auction Thursday, 28th February 2019 commencing at 12pm - T: 020 8492 9449 - Barnett Ross
Barnett Ross Catalogue February 2019

Telephone bids
If you wish to bid by telephone or instruct
us to bid on your behalf, please download
a Telephone Bidding Form from our
website at barnettross.co.uk and return
it to us, with your deposit cheque and ID,

                                              A very warm
two days before the Auction.

If you cannot download the Form or need

                                              welcome to our
assistance completing it, telephone the
Auction Team on 020 8492 9449.

                                              February 2019
                                              Auction.
To be added to                                We are delighted to offer for sale 44 lots on
our mailing list                              instructions from a range of our valued clients.
please send your
                                              This catalogue features a wide variety of
email request to                              investments including retail, commercial and
info@barnettross.co.uk                        residential opportunities.

                                              We look forward to seeing you on
                                              Thursday, 28th February at the
                                              Radisson Blu Portman Hotel.

Follow the auction
live online at
barnettross.co.uk                             Proof of Identity
Unfortunately it is not possible
to bid from the screen.                       The Purchaser (and the Bidder if different to the Purchaser) is to provide one
                                              original document from each column below.

                                              Proof of name                            Proof of address
                                              –– Passport                              –– Driving Licence (only supply if
                                              –– Photocard Driving Licence                Passport is provided for ‘Proof
                                                                                          of name’)
                                                                                       –– A utility bill issued within the last
                                                                                          three months (excluding mobile
                                                                                          phone bill)

                                              Further checks in accordance with current Anti-Money Laundering
                                              Regulations may be required if the Purchaser is not an individual such as a
                                              company, partnership or trustee.

                                              Contact Barnett Ross on 020 8492 9449 for further details.

                                                                                                                                  3
Auction Thursday, 28th February 2019 commencing at 12pm - T: 020 8492 9449 - Barnett Ross
Barnett Ross Catalogue February 2019

                                                               Since our first auction in 2002 we have sold over
                                                               £1.7 billion of property which includes the sale of a
                                                               block of 65 flats at Okehampton Close, Finchley, London
                                                               N12 9TX for £20,425,000 in May 2018 – the highest value
                                                               lot ever sold by auction in the U.K.

    Meet the team.

    John Barnett FRICS           Jonathan Ross MRICS           Steven Grossman MRICS
    Auctioneer and Director      Auctioneer and Director       Director
    jbarnett@barnettross.co.uk   jross@barnettross.co.uk       sgrossman@barnettross.co.uk

    Elliott Greene BA (Hons)     Joshua Platt BSc (Hons)       Zac Morrow
    egreene@barnettross.co.uk    jplatt@barnettross.co.uk      zmorrow@barnettross.co.uk

    Samantha Ross                Carol Fass
    info@barnettross.co.uk       info@barnettross.co.uk

    Barnett Ross                 T:   020 8492 9449               Follow us on Twitter @barnettross
    7 Cadbury Close              F:   020 8492 7373
    High Road                    E:   info@barnettross.co.uk      Follow us on Instagram @barnettrossauctioneers
    Whetstone                    W:   barnettross.co.uk
    London N20 9BD

4
Auction Thursday, 28th February 2019 commencing at 12pm - T: 020 8492 9449 - Barnett Ross
Always happy to
let the numbers
do the talking.
91      %
                 100       %
                                £20.425m
Annual success   100% auction   Record breaking price
rate in 2018     in May 2018    achieved by us for a
                                single lot in 2018

                                If you would like to enter your lots in our next
                                auction please contact:

                                John Barnett frics           jbarnett@barnettross.co.uk
                                Jonathan Ross mrics          jross@barnettross.co.uk
                                Steven Grossman mrics        sgrossman@barnettross.co.uk
                                Elliott Greene               egreene@bartnettross.co.uk
                                Joshua Platt                 jplatt@barnettross.co.uk
Auction Thursday, 28th February 2019 commencing at 12pm - T: 020 8492 9449 - Barnett Ross
Order of Sale Thursday, 28th February 2019
    Commencing 12.00pm
    Lot
    A        156 Fonthill Road                                      Finsbury Park       London N4

    1        6 Nursery Parade, Marsh Road                           Luton               Bedfordshire

    2        277 Wood Lane                                          Dagenham            Essex

    3        49 & 51a Market Street                                 Loughborough        Leicestershire

    4        118 Upper Clapton Road                                 Clapton             London E5

    5        455 Streatham High Road                                Streatham           London SW16

    6        47, 49 & 49a Copperfield Road, Bassett                 Southampton         Hampshire

    7        58 Hoylake Road, Bidston                               Birkenhead          Merseyside

    8        1 Victoria Place                                       Axminster           Devon

    9        279 Wood Lane                                          Dagenham            Essex

    10       Unit 1 The Precinct, Main Street, Stretton             Burton-on-Trent     Staffordshire

             4 Parking Spaces at Byron Court, Flamstead End Road,
    11                                                              Cheshunt            Hertfordshire
             Flamstead End

    12       41 Lower High Street                                   Wednesbury          West Midlands

    13       130 Brighton Road                                      Coulsdon            Surrey

    14       34 Hamilton Road                                       Felixstowe          Suffolk

    15       11 Hammerton Street                                    Burnley             Lancashire

    16       69 Anerley Road                                        Crystal Palace      London SE19

    17       86-90 Dalton Road                                      Barrow-in-Furness   Cumbria

    18       Flat 137, Bray Road                                    Mill Hill East      London NW7

    19       185 Town Road                                          Edmonton            London N9

    20       1–2 St Peter’s Street                                  Hereford            Herefordshire

    21       105 Hillingdon Hill                                    Uxbridge            Middlesex

6
Auction Thursday, 28th February 2019 commencing at 12pm - T: 020 8492 9449 - Barnett Ross
Barnett Ross Catalogue February 2019

Lot
22    337 Hendon Way                                   Hendon             London NW4

23    29 Kingston Road                                 Wimbledon          London SW19

24    2 Elm Park                                       Stanmore           Middlesex

25    70-72 Chatsworth Road                            Hackney            London E5

26    24 Silver Street                                 Durham             Co. Durham

27    128 Holton Road                                  Barry              South Glamorgan

28    77/77a St Nicholas Avenue                        Gosport            Hampshire

29    169 Powis Street                                 Woolwich           London SE18

30    19 Market Place                                  Huddersfield       West Yorkshire

31    27 Corporation Road                              Middlesbrough      Cleveland

32    44 High Street, Brownhills                       Walsall            West Midlands

33    Unit 10 Newbottle Street                         Houghton-le-Spring Co. Durham

34    36 Ormskirk Street                               St Helens          Lancashire

35    34 Market Place                                  Wisbech            Cambridgeshire

36    Basement Flat A, 70-72 Chatsworth Road           Hackney            London E5

37    48 Boxmoor Road                                  Kenton             Middlesex

38    50 Boxmoor Road                                  Kenton             Middlesex

39    Land at rear of 48 & 50 Boxmoor Road             Kenton             Middlesex

40    Tally Ho Apartments, 12 Highgate Road            Kentish Town       London NW5

41    17 – 19 Jaunty Way                               Sheffield          South Yorkshire

42    21 – 25 Jaunty Way                               Sheffield          South Yorkshire

43    27 – 35 Jaunty Way                               Sheffield          South Yorkshire

44    Flat 5, The Prospect Precinct, Gloucester Road   Worksop            Nottinghamshire

                                                                                                          7
Auction Thursday, 28th February 2019 commencing at 12pm - T: 020 8492 9449 - Barnett Ross
Copy Legal Documentation
    To obtain an immediate download:
    If you wish to obtain the Special Conditions and/or the Legal                       Barnett Ross endeavour to dispatch all documents which are
    Documents in respect of any lot please go to www.barnettross.                       received by us from the Vendors’ Solicitors subsequent to your
    co.uk, then on our Home Page click on ‘Next Auction’, then click                    initial request. Prospective purchasers are advised to check
    on the relevant lot number and finally click on ‘Request Legal                      whether any such outstanding documents have been received.
    Pack & EPC’.                                                                        Where available, a Document Pack for each lot can be inspected
                                                                                        at the Auction Sale.
    The Special Conditions of Sale and/or the Legal Documents,
    when available, are free to download.                                               For further legal enquiries, please contact the relevant Vendor’s
                                                                                        Solicitor whose details are printed on each lot page.
                                                                                        Please refer to the Notice to all Bidders, inside this catalogue, and
                                                                                        also the General Conditions of Sale referred to at the end of the
                                                                                        catalogue in relation to all legal matters.

    To obtain a paper copy by post:

    If you would like to order a hard copy of the legal documents
    please complete and return the following form to:

    Legal Department, The Ark Design & Print Ltd,
    Pudsey Business Park, 47 Kent Road, Leeds LS28 9BB
    or call 0113 256 8712.

    Note: There is a charge of £35 including VAT per lot for the hard
    copy version of the legal documentation.

    Please complete the form below using BLOCK CAPITALS:                                                                                      *Delete as appropriate

    In respect of lot(s)

    Please despatch to: Title (Mr, Mrs, Miss, Ms*)

    Company

    Address

                                                                                        Post code

    Telephone                                                                           Email

         I enclose a cheque for £                                                    payable to The Ark Design & Print Ltd or

         Please debit £                                             from my               Mastercard                    Visa

    Card number

    Card security code                 The final 3 digit number on the back of your card, on the signature strip.

    Name as it appears on the card                                                      Signature

    Expiry date              /

    Card address (if different from above)

                                                                                        Post code

    Telephone

8
At Barnett Ross we have Auction Results
      dating back to the 1960s and are able to
      provide Property Valuation Reports for a
      variety of different requirements.

Do you need
a valuation of
your property?

      With our extensive           – Loans             – 1982 CGT
      market knowledge             – Sales             – Disputes
      and experience, we           – Probate           – Divorce
      can help you with            – Transfers         – Gifts (I.H.T.)
      your requirements.

      Contact John Barnett FRICS   barnettross.co.uk
      (Registered Valuer)          020 8492 9449
      jbarnett@barnettross.co.uk
If you own a property and place the
      Buildings Insurance, then let us try to
      reduce your current premium without
      compromising cover or service.

Paying too much
for buildings
insurance?

      It costs nothing to get   – Substantial Block Policy with
                                  Axa Insurance resulting in
      a quote, so contact         competitive rates and generous
      us before your next         premium rebates.
      renewal and we will       – Dedicated claims line at our
      be happy to assist.         disposal for immediate response.
                                – All business handled by a
                                  Chartered Surveyor with over
                                  30 years experience.

      Contact Jonathan Ross     barnettross.co.uk
      jross@barnettross.co.uk   020 8492 9449
At Barnett Ross we regularly sell
      Commercial and Residential properties
      in our National Auctions on behalf
      of Executors.

Maximise your
assets: sell
through auction.

      If you are acting as         – We can provide a ‘Red Book’
                                     RICS Probate Valuation.
      an executor we can
                                   – If you subsequently sell
      help you to maximise           the property in one of our
      your assets with a             auctions, we will refund the
      sale through auction.          Valuation Fee.

      Contact John Barnett FRICS   barnettross.co.uk
      (Registered Valuer)          020 8492 9449
      jbarnett@barnettross.co.uk
BR_

SPEED                                                                                                                           Fast property finance
                                                                                                                                At Commercial Acceptances

MEETS                                                                                                                           speed alone is not enough. Speak
                                                                                                                                straight to decision makers: a quick

KNOWLEDGE
                                                                                                                                and personal service. No arrangement
                                                                                                                                fees, no extension fees and no end

020 7655 3388
                                                                                                                                fees. Interest charged from only
                                                                                                                                0.75% per calendar month.

Your property may be repossessed if you do not keep up on your mortgage repayments or any other debt secured on it. A rate from 0.75% will be chargeable on the amount borrowed
every calendar month. However rates are subject to change and will increase or decrease in line with movements in 3m LIBOR (The London Inter-Bank Offered Rate For Three Month
Sterling Deposits). Rates will be adjusted on each calendar month anniversary of the facility. The overall cost for comparison is 10.6% APR.
Fed up with
property
finance
red tape?
We can help
DMI Finance, THE fast independent
experts in property finance.
We’re helping Property Investors,
Landlords and Property
Developers find the finance they
need, fast.
We’re experts in Bridging Finance,
Commercial, Residential and
Buy-to-Let Mortgages, Auction
Finance and Property Insurance.

Get in touch today for a fast
response to your requirements
Call us on 01249 652 939
                                                                    See us at
Email info@dmifinance.com
                                                                   the auction
Or Visit www.dmifinance.com

                                                                   See us on
                                 the auction                       Linkedin
                                                                   and Twitter
                                 finance specialist
Suite 6, Forest Gate, London Rd, Chippenham, Wiltshire, SN15 3RS
WE HELP CLIENTS
SAVE$1$9(5$*(b
OF £67,000 FROM
THEIR TAX BILL
Did you know WKDWLI\RXbRZQZDQWWR
LQYHVWLQRUVHOObFRPPHUFLDOSURSHUW\
you are entitled to tax relief?
To find out more about how we can help you, please contact:

Joel Kersen, Mortgage Broker
T: 020 7330 0337
E: auction@spf.co.uk
W: spf.co.uk
Freehold for sale by public auction (unless sold prior)                                    Auction Venue:
Thursday 28th February 2019 at 1pm                                                         Radisson Blu Portman Hotel
(Main Auction commences 12pm)                                                              22 Portman Square, London W1H 7BG
For all enquiries, please call 020 8492 9449

Lot A                                     156 Fonthill Road, Finsbury Park,
                                          London N4 3HP
                                                                                                                                Revised Guide:
                                                                                                                        *Reserve below £1,000,000
                                                                                                                                               Redevelopment Opportunity
                                                                                                                                                       6 week completion

© Crown copyright. All rights reserved. Licence number
100040809 – Plan not to scale

SITUATION                                                                                     View towards Seven Sisters Road
Located in a prime position in this busy commercial centre, just off
Seven Sisters Road and within 250 yards of Finsbury Park Rail
(Main, Northern and Jubilee Lines) and Bus Station.
In addition, the property is within a few hundred yards of the Telford
Homes Landmark Development comprising 355 new homes in
two iconic towers and a leisure complex (Visit -www.telfordhomes.
london/microsites/city-north).
PROPERTY
A late Victorian terraced building comprising a Ground Floor Shop
(with A3 Use) and separate front entrance to a Self-Contained
Upper Part on the first and second floors which were previously
occupied as offices.
ACCOMMODATION
Ground Floor Shop
                                                                                           FREEHOLD offered with VACANT POSSESSION
Gross Frontage        18'9"
Internal Width        17'3"                                                                Note 1: In the Auctioneer’s opinion, the upper part would
Shop Depth            45'0"                                                                be eminently suitable for conversion into 3 Self-Contained
Built Depth           59'0"                                                                Flats with the addition of a new 3rd floor, subject to
WC                                                                                         obtaining planning consent from Islington Council’s Planning
First Floor Ancillary                                                                      Department – Tel: 020 7527 2000.
Office Area           Approx. 650 sq ft plus 2 WCs & Kitchenette
                                                                                           Note 2: A newly built flat at 93/107 Fonthill Road is available
Second Floor Ancillary
                                                                                           at £525,000 for 683 sq ft (£768 per sq ft).
Office Area           Approx. 425 sq ft
VAT is NOT applicable to this Lot
                                                                                                                             Vendor’s Solicitors
                                                                                                                             Axiom Stone

Vacant Shop and Offices                                                                                                      Tel: 020 8951 6989 Ref: Jaymini Ghelani
                                                                                                                             Email: jg@axiomstone.co.uk

The Surveyors dealing with this property are             The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
                                                         General Conditions and Memorandum as per Barnett Ross Catalogue 28th February 2019
John Barnett and Joshua Platt                            *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page in Main Catalogue
6 Nursery Parade, Marsh Road,                                                                *Reserve below £250,000
     Lot 1                      Luton, Bedfordshire LU3 2QP                                                                                                   6 week completion

     SITUATION                                                                         ACCOMMODATION
     Located in this busy local shopping centre serving the surrounding                Ground Floor Shop
     residential area, opposite Poundstretcher and with Lidl and Iceland               Gross Frontage                                     18'6"
     close by and amongst such other multiples as Greggs, William Hill,                Internal Width                                     16'9"
     NatWest and a host of local traders.                                              Shop Depth                                         39'8"
     Luton lies approx. 10 miles west of Stevenage and benefits from good              Built Depth                                        46'0"
     road links via the M1 (Junction 11).                                              WC
                                                                                       First and Second Floor Flat
     PROPERTY
                                                                                       4 Rooms, Kitchen, Bathroom/WC
     A mid terrace building comprising a Ground Floor Shop with separate
     rear access to a Self-Contained Flat (known as No.16) at first and                TENANCY
     second floor levels with private parking for 2 cars.                              The entire property is let on a full repairing and insuring lease to Indigo
                                                                                       Residential Limited as an Estate Agency (having 4 branches) for
     VAT is NOT applicable to this Lot
                                                                                       a term of 10 years from 15th April 2015 at a current rent of £18,000
     FREEHOLD                                                                          per annum exclusive.
                                                                                       Rent Review and Tenant’s Break 2020
                                                                                       Note: We understand that the flat is sublet on an AST.

                                                                                                                          Vendor’s Solicitors

     £18,000
                                                                                                                          Macrory Ward
                                                                                                                          Tel: 020 8440 3258 Ref: Martina Ward
                                      per annum                                                                           Email: martina@macroryward.co.uk

     The Surveyors dealing with this property are   For legal documents, please refer to page 8 of this catalogue
                                                    The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
     John Barnett and Joshua Platt
16                                                  *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
277 Wood Lane, Dagenham,                                                                                 *Reserve below £225,000
Lot 2                      Essex RM8 3NH                                                                                                                                    6 week completion

SITUATION                                                                            TENANCY
Located close to the junction with Winmill Road in this well established             The entire property is let on a full repairing and insuring lease to
parade, adjacent to Day 1 and a Post Office and amongst such other                   CJ & J Martin as a Dry Cleaner for a term from 1st October 2012
multiples as William Hill, Lloyds Pharmacy and Co-Op Food.                           to 31st December 2022 at a current rent of £10,680 per annum
Dagenham is a densely populated residential area being approximately                 exclusive.
3 miles south-east of Ilford and 3 miles south-west of Romford
                                                                                     Rent Review 1st October 2019 and 3 yearly based on RPI
benefitting from good road links to the A406 North Circular and only 5
                                                                                     increase.
miles from London City Airport.
                                                                                     Note 1: The Flat is sublet on an AST at £12,000 per annum.
PROPERTY
A mid-terraced building comprising a Ground Floor Shop with                          Note 2: No. 303 Wood Lane (shop & flat let separately) sold for
separate rear access via a service road to a Self-Contained Flat                     £365,000 in July 2018.
on the first and second floors. In addition, the property inlcudes a
10ft deep front forecourt.
ACCOMMODATION
Site Depth                      85'0"
Ground Floor Shop
Gross Frontage                  17'6"
Internal Width                  16'3"
Shop Depth                      29'3"
Built Depth                     46'0"
WC
Plus Rear Store                 17'5" × 9'
First and Second Floor Flat
4 Rooms, Kitchen, Bathroom & 2 WCs
VAT is NOT applicable to this Lot
FREEHOLD                                                                             © Crown copyright. All rights reserved. Licence number 100040809 – Plan not to scale

                                                                                                                                 Vendor’s Solicitors

£10,680
                                                                                                                                 Mr Anthony Kellner
                                                                                                                                 Tel: 01707 667 300
                                 per annum                                                                                       Email: anthony.kellner@pantherplc.com

The Surveyors dealing with this property are      For legal documents, please refer to page 8 of this catalogue
                                                  The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Zac Morrow                       *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
                                                                                                                                                                                                17
49 & 51a Market Street, Loughborough,
     Lot 3                     Leicestershire LE11 3ER

     SITUATION                                                                    PROPERTY
     Occupying an excellent trading position in the pedestrianised section        A mid terraced building comprising a Ground Floor Shop with separate
     of the town centre, diagonally opposite Peacocks and amongst such            rear access via a communal front entrance to a Self-Contained Flat
     other multiple traders as Oxfam, Iceland, Santander, TUI, Poundland,         on the first and second floors.
     Greggs, Costa Coffee and Cancer Research.
                                                                                  VAT is applicable to this Lot
     In addition, the property is close to the junction with Market Place which
     hosts other traders including Boots, Primark and Superdrug as well           TENURE
     as a Street Market.                                                          Leasehold for a term of 2,000 years from 25th December 2017 at
     Loughborough is a busy town lying some 12 miles north of Leicester           a peppercorn ground rent.
     and 21 miles south-east of Derby with excellent road access via the A6
     which links to the M1.

     TENANCIES & ACCOMMODATION
     Property                Accommodation                      Lessee & Trade       Term                  Ann. Excl. Rental   Remarks
     No. 49                  Gross Frontage            16'9"    Cardzone Limited     5 years from           £17,500            FRI (subject to a
     (Ground Floor Shop)     Internal Width            15'7"    (See Tenant          23rd July 2015                            schedule of condition).
                             Shop & Built Depth        50'11"   Profile)             (excl. s24–28 of L & T
                             WC                                                      Act 1954)
     No. 51a                 Not Inspected                      Individual           125 years from        £100                FRI
     (First & Second Floor                                                           25th March 2009                           Rent rises by £25
     Flat)                                                                                                                     every 25 years.
                                                                                                           Total: £17,600

     TENANT PROFILE
     Cardzone Limited trade under multiple names such as Cardzone, Hallmark, Paper
     Kisses, Card Centre and Home Fragrances, with over a third of their stores holding
     a franchise with Thorntons – visit: www.cardzoneltd.com. For Y/E 01/07/2017
     Cardzone Limited reported a T/O of £25.19m, Pre-Tax Profit of £3.03m and
     Shareholders’ Funds of £4.01m.

18
*Reserve below £145,000
                                                                                                                                                                                                       Gross Yield 12.1%
                                                                                                                                                                                                      6 week completion

                                                                                                                                                                                                                                  Photograph taken January 2018
                                                                                                                                                                                            View from Market Place

                                                                                                    The Property

Copyright and confidentiality Experian, 2017. © Crown copyright and database rights 2017. OS 100019885.

                                                                                                                                                                  Vendor’s Solicitors
                                                                                                                                                                  ISC Lawyers

£17,600                                              per annum
                                                                                                                                                                  Tel: 020 7833 8453 Ref: Michael Conlon
                                                                                                                                                                  Email: michaelconlon@isclawyers.co.uk

The Surveyors dealing with this property are                                                For legal documents, please refer to page 8 of this catalogue
                                                                                            The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Steven Grossman                                                            *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
                                                                                                                                                                                                                                                          19
118 Upper Clapton Road, Clapton,                                                                     *Reserve below £400,000
     Lot 4                      London E5 9JY                                                                                             In same ownership for over 30 years
                                                                                                                                                         6 week completion

     SITUATION                                                                                 PROPERTY
     Opposite the junction with Northwold Road, in this established parade                     A mid terrace building comprising a Ground Floor Shop with separate
     amongst a variety of local and multiple traders such as Tesco Express                     front access to 2 Self-Contained Flats planned on the first, second
     and Betfred and less than 250 yards from Clapton Rail Station                             and third floors.
     (Overground).
                                                                                               VAT is NOT applicable to this Lot
     The property is located on this busy main road (A107) linking Stamford
     Hill with Hackney, some 4 miles north-east of central London.                             FREEHOLD

     TENANCIES & ACCOMMODATION
     Property          Accommodation                                  Lessee & Trade                Term                           Ann. Excl. Rental              Remarks
     Ground Floor      Gross Frontage               18'6"             D. Garip                      15 years from                  £7,000                         FRI
     Shop              Internal Width               13'7"             (Café t/a Mosaic              22nd October 2003              (Original Rent)                Holding Over.
                       Shop Depth                   52'2"             Clapton)                                                                                    Rent Reviews (3 yearly
                       Built Depth                  66'0"                                                                                                         – never actioned).
                       WC
                       (incl. central heating)
     No. 118a           Not inspected                                 Individuals                   189 years from      Peppercorn                                FRI
     (First Floor Flat)                                                                             29th September 1985

     No. 118b        3 Rooms, Kitchen, Bathroom/WC
     (Second & Third (incl. central heating)                                                                                  VACANT
     Floor Flat)     (GIA Approx. 900 sq ft)
                                                                                                                                   Total: £7,000 plus
                                                                                                                                   Vacant Flat

     £7,000 per annum                                                                                                             Vendor’s Solicitors
                                                                                                                                  Fladgate LLP

     Plus Vacant Flat
                                                                                                                                  Tel: 020 3036 7000 Ref: Julian Scharfer
                                                                                                                                  Email: jscharfer@fladgate.com

     The Surveyors dealing with this property are           For legal documents, please refer to page 8 of this catalogue
                                                            The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
     John Barnett and Elliott Greene
20                                                          *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
455 Streatham High Road,                                                                        *Reserve below £60,000
Lot 5                      Streatham, London SW16 3PH                                                                                By Order of Charitable Trustees
                                                                                                                                                 6 week completion

SITUATION
Located near the junction with Colmer Road close to Lidl, Europcar,
Topps Tiles and amongst a variety of local businesses being
approximately 250 yards from Norbury Mainline Station.
Streatham is a popular area some 6 miles south-west of Central
London.
PROPERTY
A single storey building comprising a Ground Floor Shop.
ACCOMMODATION
Ground Floor Shop
Gross Frontage                       14'11"
Internal Width                       13'5"
Shop Depth                           16'6"
Built Depth                          22'7"
WC
VAT is NOT applicable to this Lot
FREEHOLD
TENANCY
The entire property is let on a full repairing and insuring lease to
Mrs A Isikhuemhen as a Hair Salon for a term of 10 years from
17th August 2009 at a current rent of £4,700 per annum exclusive.
Rent Review August 2014 (Not actioned)
Reversion 2019

                                                                                                                     Vendor’s Solicitors

£4,700
                                                                                                                     Rice Jones & Smith
                                                                                                                     Tel: 020 7831 2506 Ref: Steven Hayward
                            per annum                                                                                Email: sh@londonrjs.co.uk

The Surveyors dealing with this property are   For legal documents, please refer to page 8 of this catalogue
                                               The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Joshua Platt                  *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
                                                                                                                                                                                     21
47, 49 & 49a Copperfield Road, Bassett,                                                             *Reserve below £225,000
     Lot 6                       Southampton, Hampshire SO16 3PR                                                                                                      6 week completion

     SITUATION                                                                                 PROPERTY
     Located at the junction with The Parkway in this established                              A corner building comprising 2 Ground Floor Shops with wide
     neighbourhood parade, serving the surrounding residential area approx.                    frontages and separate rear access to a Self-Contained Flat at first
     2 miles north of Southampton and close to Southampton University                          floor level.
     Campus.                                                                                   In addition, the property includes front forecourt parking for approx.
     Southampton is a busy commercial centre located on the South Coast,                       7 cars plus 2 rear garages.
     well served by good transport links including the A27 which links to the
                                                                                               VAT is NOT applicable to this Lot
     M27 motorway.
                                                                                               FREEHOLD

     TENANCIES & ACCOMMODATION
     Property            Accommodation                                Lessee & Trade                Term                           Ann. Excl. Rental              Remarks
     Nos. 47/49a         Ground Floor Shop                            Rosina Eames                  10 years from                  £11,200                        FRI
     (Ground Floor       Gross Frontage          28'8"                (Hairdresser)                 1st July 2013                                                 Rent Review July 2019.
     Shop, First Floor   Internal Width          27'10"               (In occupation for                                                                          Tenant’s Break
     Flat &              Shop Depth              22'7"                28 years)                                                                                   July 2019 was not
     2 Garages)          Built Depth             29'6"                                                                                                            exercised.
                         WC                                                                                                                                       The Tenant lives in the
                         First Floor Flat                                                                                                                         flat.
                         2 Bedrooms, Living/Dining Room,                                                                                                          £2,375 Rent Deposit
                         Kitchen, Bathroom/WC                                                                                                                     held.
                         (GIA Approx 700 sq ft)
                         2 Garages
     No. 49              Gross Frontage             35'6"             Jazmin Morrison               5 years from                   £8,000                         IRI plus shop front.
     (Ground             Return Frontage            20'0"             t/a Shampoodle                1st March 2017                                                Tenant’s Break
     Floor Shop)         Internal Width             34'6"             Dog Grooming                                                                                March 2020.
                         Shop Depth                 20'0"             (Having 2                                                                                   £2,000 Rent Deposit
                         Built Depth                27'0"             branches)                                                                                   held.
                         WC
                                                                                                                                   Total: £19,200

                                                                                                                                  Vendor’s Solicitors

     £19,200
                                                                                                                                  Kirkwoods
                                                                                                                                  Tel: 020 8954 8555 Ref: Richard Bridges
                                      per annum                                                                                   Email: richard@kirkwoods-solicitors.co.uk

     The Surveyors dealing with this property are           For legal documents, please refer to page 8 of this catalogue
                                                            The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
     John Barnett and Jonathan Ross
22                                                          *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
58 Hoylake Road, Bidston,                                                                         *Reserve below £50,000
Lot 7                      Birkenhead, Merseyside CH41 7BY                                                                                                  Gross Yield 10.5%
                                                                                                                                                           6 week completion

SITUATION
Located on this busy road which forms part of the A553, close to the
junction with Challis Street and amongst a host of local traders all
serving the surrounding residential area.
Bidston lies approx. 2½ miles north-west of Birkenhead, 3 miles west
of Liverpool city centre and benefits from good road links via the M53.
PROPERTY
A semi-detached building comprising a Ground Floor Betting Shop
with a First Floor which currently has no access.
ACCOMMODATION
Ground Floor Betting Shop
Gross Frontage                         19'1"
Internal Width                         16'0"
Shop Depth                             51'0"
Built Depth                            87'9"
Kitchen, 2 WCs
First Floor (not inspected)
VAT is NOT applicable to this Lot
FREEHOLD
TENANCY
The entire property is let on a full repairing and insuring lease to
William Hill Organisation Limited (having over 2,300 branches)
for a term of 15 years from 1st March 2008 at a current rent of
£5,250 per annum exclusive.
Note: The tenant did not operate their 2018 Break Clause.

                                                                                                                       Vendor’s Solicitors

£5,250
                                                                                                                       Spire Solicitors LLP
                                                                                                                       Tel: 01953 453 143 Ref: Colin Wright
                             per annum                                                                                 Email: colin.wright@spiresolicitors.co.uk

The Surveyors dealing with this property are     For legal documents, please refer to page 8 of this catalogue
                                                 The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
Steven Grossman and Elliott Greene               *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
                                                                                                                                                                                       23
1 Victoria Place, Axminster,
     Lot 8                    Devon EX13 5NQ

     SITUATION                                                                    PROPERTY
     Occupying a prominent corner trading position at the intersection            A substantial terraced property with excellent window frontage
     of Chard Street, Lyme Street & West Street, and close to branches            comprising a Ground Floor Coffee Shop with Basement Ancillary
     of McColls, Boots, Santander, Tesco, Vision Express, Post                    Storage all fitted to an extremely high standard, together with separate
     Office, Lloyds Bank as well as being the home of the well known              front access to a Self-Contained Commercial Upper Part at first and
     River Cottage Cookery School & Delicatessen.                                 second floor level.
     Directly opposite is the George Hotel, currently undergoing a major
                                                                                  VAT is NOT applicable to this Lot
     refurbishment and due to re-open in February. Previous guests include
     King George lll and Lord Nelson.                                             FREEHOLD
     Axminster is an attractive Market Town and popular tourist destination
     on the River Ax, the birthplace of Axminster Carpets in 1755, located 5
     miles north-west of Lyme Regis, 7 miles south of Chard and 25 miles
     south-east of Exeter, with excellent road links with the A35 & A358.

     TENANCIES & ACCOMMODATION
     Property        Accommodation                              Lessee & Trade       Term                  Ann. Excl. Rental     Remarks
     Ground Floor    Ground Floor Shop                          Jurassic Coast       15 years from         £22,500               Effectively FRI
     Shop &          Total Window Frontage 88'0"                Coffee Ltd           17th January 2017                           (see Lease)
     Basement        Internal Width              49'9" (max)    (Guaranteed by                                                   Rent Reviews 2022 &
                     Shop Depth                  34'2" (max)    Premiere Coffee                                                  2027.
                     2 WC’s                                     Ltd)                                                             Tenant’s Break October
                     Net Int. Area 1,465 sq ft (as per lease)   t/a Costa                                                        2027 (If not exercised
                     Basement Storage                           (See Tenant                                                      then a 3 month rent
                     Net Int. Area 1,022 sq ft (as per lease)   Profile)                                                         free is given).
     First &         Not Inspected                              3 Individuals        999 years from        £100                  Effectively FRI.
     Second Floor                                                                    1st December 2006                           Annual RPI Reviews
     Commercial                                                                                                                  (Not implemented)
     Upper Part
                                                                                                           Total: £22,600
     TENANT PROFILE
     Jurassic Coast Coffee Ltd and Premiere Coffee Ltd have recently merged with the Scoffs Group
     and now form one of the largest Costa franchises trading from 88 branches across the Country.
     Premiere Coffee Ltd reported Turnover for the year ending 30th November 2017 of £22.44m,
     Pre-Tax Profit £1.2m and Shareholders’ Funds £2.93m.

24
*Reserve below £275,000
                                                                                                                                                                                 Completion 25th March 2019

                                                                                                                                                               The Property

© Crown copyright. All rights reserved. Licence number 100040809 – Plan not to scale

                                                                                                                                                             Vendor’s Solicitors

£22,600
                                                                                                                                                             Macrory Ward
                                                                                                                                                             Tel: 020 8440 3258 Ref: Ms Martina Ward
                                                       per annum                                                                                             Email: martina@macroryward.co.uk

The Surveyors dealing with this property are                                           For legal documents, please refer to page 8 of this catalogue
                                                                                       The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
Jonathan Ross and John Barnett                                                         *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
                                                                                                                                                                                                                             25
279 Wood Lane, Dagenham,                                                                                 *Reserve below £140,000
     Lot 9                      Essex RM8 3NH                                                                                                Reversionary Ground Rent Investment
                                                                                                                                                              6 week completion

     SITUATION                                                                            FREEHOLD
     Located close to the junction with Winmill Road in this well-established
                                                                                          TENANCY
     parade, amongst such other multiples as William Hill, Lloyds
                                                                                          The entire property is let on a full repairing and insuring lease to
     Pharmacy and Co-op Food.
                                                                                          I J Malik as a Post Office/Stationers for a term of 99 years from
     Dagenham is a densely populated residential area being approximately
                                                                                          29th September 1926 at a rent of £12.50 per annum exclusive.
     3 miles south-east of Ilford and 3 miles south-west of Romford
     benefitting from good road links to the A406 North Circular and only 5               Valuable Reversion in approx. 6½ years.
     miles from London City Airport.
                                                                                          Note 1: It is believed that the Flat is sublet on an AST.
     PROPERTY
                                                                                          Note 2: No. 303 Wood Lane (shop & flat let separately) sold for
     A mid-terraced building comprising a Ground Floor Shop with
                                                                                          £365,000 in July 2018.
     separate rear access via a service road to a Self-Contained Flat
     on the first and second floors. In addition, the property includes a
     10ft deep front forecourt.
     There are double gates to the rear yard with parking for 1 car.
     ACCOMMODATION
     Site Depth                  85'0"
     Ground Floor Shop
     Gross Frontage              19'0"
     Internal Width              17'0"
     Shop Depth                  49'0"
     Built Depth                 67'0"
     WC
     First and Second Floor Flat
     3/4 Rooms, Kitchen, Bathroom/WC
     (Not inspected by Barnett Ross)
     VAT is NOT applicable to this Lot                                                    © Crown copyright. All rights reserved. Licence number 100040809 – Plan not to scale

                                                                                                                                      Vendor’s Solicitors

     £12.50
                                                                                                                                      Mr Anthony Kellner
                                                                                                                                      Tel: 01707 667 300
                             per annum                                                                                                Email: anthony.kellner@pantherplc.com

     The Surveyors dealing with this property are      For legal documents, please refer to page 8 of this catalogue
                                                       The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
     John Barnett and Zac Morrow
26                                                     *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
Unit 1 The Precinct, Main Street, Stretton,                                                     *Reserve below £110,000
Lot 10                     Burton-on-Trent, Staffordshire DE13 0DZ                                                                                         6 week completion

SITUATION                                                                           VAT is applicable to this Lot
Located in the centre of this pleasant village in the main shopping
                                                                                    TENURE
precinct, directly opposite Co-op Food and amongst a variety of local
                                                                                    Leasehold for a term of 2,000 years from 24th June 1987 at a
traders as well as a Co-op Funeralcare and serving the surrounding
                                                                                    peppercorn ground rent.
residential area.
The Stretton Medical Centre is within a few hundred yards distant.                  TENANCY
Stretton is located just off the main A38 some 2 miles north of Burton-             The entire property is let on a full repairing and insuring lease to Dean &
on-Trent , 11 miles from the M42 (Junction 11) and 17 miles from the                Smedley Limited as a Pharmacy (a family run Pharmacy founded
M1 (Junction 23).                                                                   in 1927 and having 11 branches within a 15 mile radius of Burton)
                                                                                    for a term of 15 years from 29th September 2009 at a current rent of
PROPERTY
                                                                                    £8,700 per annum exclusive.
An end of terrace building comprising a Ground Floor Shop with
separate rear access to a Self-Contained Flat on the first floor with               Rent Review September 2019 (Landlord quoted £11,000 p.a.).
uPVC double glazing. In addition, the property benefits from use of a
                                                                                    Tenant’s Break September 2019
front shoppers’ car park and 2 Car Spaces within a rear car park.
                                                                                    Note 1: The tenant did not operate their 2014 Break Clause.
ACCOMMODATION
Ground Floor Shop                                                                   Note 2: We are informed that the adjoining shop (Unit 2) is let at
Gross Frontage                    22'3"                                             £8,400 p.a. which does not include the flat.
Internal Width                    20'5"
widening to                       22'9"
Shop & Built Depth                49'8"
WC
First Floor Flat
2 Bedrooms, Living Room, Kitchen, Bathroom/WC
(GIA Approx. 525 sq ft)

                                                                                                                       Vendor’s Solicitors

£8,700
                                                                                                                       Heritage Solicitors
                                                                                                                       Tel: 0121 551 1711 Ref: Ms Saida Parveen
                            per annum                                                                                  Email: saida@heritagesolicitors.com

The Surveyors dealing with this property are     For legal documents, please refer to page 8 of this catalogue
                                                 The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Steven Grossman                 *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
                                                                                                                                                                                       27
4 Parking Spaces at Byron Court,                                                                        Reserve below £8,000
     Lot 11                     Flamstead End Road, Flamstead End,                                                                                                    6 week completion
                                Cheshunt, Hertfordshire EN8 0HU

                                                                                                                                        © Crown copyright. All rights reserved. Licence number 100040809
                                                                                                                                        – Plan not to scale

                                                           No. 4                     No. 5                                           No. 7                 No. 8

     SITUATION
     Located directly behind a purpose built block of flats (Byron Court)                                                                                                   Byron Court
     and being near to the junction with Brookfield Lane and amongst a
     variety of residential and commercial occupiers including William Hill,
     Londis, a Shell Petrol Station and a Tesco Express as well as a
     Dentist which is adjacent to the property and a Pub being directly
     opposite.
     Cheshunt is located approx. 4 miles north of Enfield and benefits from
     excellent road links via the M25 (Junction 25) and the A10.
     PROPERTY & ACCOMMODATION
     Forming 4 Parking Spaces (Nos. 4, 5, 7 & 8) (all to be offered as
     one lot) to the rear of a block of flats accessed directly off Flamstead
     End Road.                                                                                   Entrance to parking spaces

     VAT is NOT applicable to this Lot
     TENURE
     4 separate leaseholds each for a term of 250 years from
     completion at a peppercorn ground rent (all to be offered as                                                                       Byron Court
     one lot).
     Offered with Vacant Possession
     Note 1: One of the parking spaces sold in October 2018 for
     £2,500 to a lessee of Byron Court for a term of approx. 101 years
     at a ground rent of £25 p.a. rising every 15 years by RPI.
     Note 2: In the Auctioneer’s opinion, the spaces may provide
     additional parking for the commercial and residential occupiers
     in the nearby locality.

                                                                                                                             Vendor’s Solicitors

     4 Vacant Parking Spaces
                                                                                                                             Teacher Stern LLP
                                                                                                                             Tel: 020 7242 3191 Ref: Victoria Hodges
                                                                                                                             Email: v.hodges@teacherstern.com

     The Surveyors dealing with this property are      For legal documents, please refer to page 8 of this catalogue
                                                       The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
     John Barnett and Steven Grossman
28                                                     *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
41 Lower High Street, Wednesbury,                                                                 *Reserve below £175,000
Lot 12                     West Midlands WS10 7AJ                                                                                                                          Gross Yield 10%
                                                                                                                                                                         6 week completion

   OPENING HOURS
   5.30PM–11.30PM

SITUATION
Located on the east side of Lower High Street close to the junction with Market Place and
amongst such multiples as HSBC, Post Office, Co-operative Funeralcare and Connells.
Wednesbury is a market town located approx. 5 miles south-east of Wolverhampton and 7
miles north-west of Birmingham benefitting from excellent road access via the M6 (Junction 9).
PROPERTY
A mid-terrace building comprising a Ground Floor Banking Hall with Basement and
Ancillary Accommodation on the first and second floors.
ACCOMMODATION
Ground Floor Banking Hall
Gross Frontage        28'1"
Internal Width        22'10" (max)
Bank Depth            68'2"
Built Depth           81'0"
Banking Hall Area     Approx. 1,165 sq ft
Basement Area         Approx. 385 sq ft
First Floor Area      Approx. 765 sq ft plus WC’s
Second Floor Area     Approx. 435 sq ft
Total Area                  Approx. 2,750 sq ft
VAT is NOT applicable to this Lot
FREEHOLD
TENANCY
                                                                                                                    Copyright and confidentiality Experian, 2017. © Crown copyright and database rights 2017. OS
The entire property is let on a full repairing and insuring lease (subject to a schedule of                         100019885.

condition) to Barclays Bank PLC (T/O for Y/E 31/12/17 £26.7bn, Pre-Tax Profit
£3.16bn and Shareholders’ Funds £65.7bn) for a term of 20 years from 21st May 2008
at a current rent of £17,500 per annum exclusive.
Rent Reviews 2022 and 2027. Tenant’s Break 2023
Note: Barclays will be closing this branch on 29th March 2019.

                                                                                                                         Vendor’s Solicitors

£17,500
                                                                                                                         Salehs Solicitors
                                                                                                                         Tel: 0161 434 9991 Ref: Nouman Bhatty
                               per annum                                                                                 Email: nouman.bhatty@salehs.co.uk

The Surveyors dealing with this property are      For legal documents, please refer to page 8 of this catalogue
                                                  The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
Steven Grossman and Elliott Greene                *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
                                                                                                                                                                                                                   29
130 Brighton Road, Coulsdon,                                                                   *Reserve below £300,000
     Lot 13                     Surrey CR5 2ND                                                                                                                  6 week completion

     SITUATION                                                                           ACCOMMODATION
     Located in a prominent position on this busy retail thoroughfare,                   Ground Floor Shop
     opposite the junction with Victoria Road, adjacent to Caffé Nero and                Gross Frontage                    18'0"
     amongst such multiples as Santander, Boots, Barclays, Waitrose and                  Internal Width                    15'6"
     a host of local traders.                                                            Shop Depth                        45'0"
     The street benefits from 60 minutes free parking for shoppers.                      Basement
     Coulsdon is a popular Surrey town approx. 3 miles south of Purley and               Area                              Approx. 600 sq ft
     4 miles north of the M25 (Junction 6).                                              WC
                                                                                         First & Second Floor Flat
     PROPERTY
                                                                                         3 Bedrooms, Living Room, Kitchen, Bathroom/WC
     A mid terrace building comprising a Ground Floor Shop and
                                                                                         GIA                               Approx. 1,020 sq ft
     Basement with separate rear access to a Self-Contained Flat on the
     first and second floors with gas central heating.                                   TENANCY
     In addition, the property includes a Rear Yard with parking for 2 cars.             The entire property is let on a full repairing and insuring lease to
                                                                                         Coughlans Bakeries Ltd (having 20 branches) for a term of
     VAT is NOT applicable to this Lot
                                                                                         5 years from 25th March 2014 at a current rent of £20,000 per annum
     FREEHOLD                                                                            exclusive.
                                                                                         Valuable Reversion in 2019.
                                                                                         Note: We understand the Flat is sub-let on an AST at
                                                                                         £13,800 per annum.

                                                                                                                            Vendor’s Solicitors

     £20,000
                                                                                                                            Macrory Ward
                                                                                                                            Tel: 020 8440 3258 Ref: Martina Ward
                                      per annum                                                                             Email: martina@macroryward.co.uk

     The Surveyors dealing with this property are     For legal documents, please refer to page 8 of this catalogue
                                                      The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
     John Barnett and Joshua Platt
30                                                    *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
34 Hamilton Road, Felixstowe,                                                                        *Reserve below £100,000
Lot 14                     Suffolk IP11 7AN                                                                                                                      6 week completion

SITUATION                                                                                 PROPERTY
Located in the prime pedestrianised town shopping centre which                            Forming part of a terraced parade of late Victorian buildings comprising
includes Marks & Spencer, Iceland, Edinburgh Woollen Mills,                               a Large Ground Floor Shop with internal access to Basement
Peacocks, Bon Marche and Santander.                                                       Storage and separate rear access to a Self-Contained Flat on the
Felixstowe is Britain’s busiest and biggest container port being approx.                  two upper floors.
12 miles south-east of Ipswich and 29 miles north-east of Colchester
                                                                                          VAT is NOT applicable to this Lot.
and enjoying good road access via the A12 and A14.
                                                                                          FREEHOLD

TENANCIES & ACCOMMODATION
Property          Accommodation                                      Lessee                    Term                           Ann. Excl. Rental              Remarks
Ground            Ground Floor Shop
Floor Shop &      Gross Frontage               21'0'
Basement          Internal Width               18'8"
                  widening to                  19'8"
                  Shop Depth                   27'0"
                  Built Depth                  53'0"
                                                                                                                           VACANT
                  WC
                  Basement
                  Area            Approx.      270 sq ft

First & Second    4 Rooms, Living Room, Kitchen,                     2 Individuals             125 years from                 £5                             FRI
Floor Flat        Bathroom/WC – Not inspected                                                  31st October 2018

Vacant Shop                                                             Joint Auctioneers
                                                                        Nicholas Estates
                                                                                                                                      Vendor’s Solicitors
                                                                                                                                      BSG Solicitors LLP

& Basement                                                              Tel: 01394 282 828 Ref: Karen Banham
                                                                        Email: karen@nicholasestates.co.uk
                                                                                                                                      Tel: 020 8343 4411 Ref: Jeremy Swerner
                                                                                                                                      Email: jeremy@bsgsolicitor.com

The Surveyors dealing with this property are           For legal documents, please refer to page 8 of this catalogue
                                                       The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Joshua Platt                          *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
                                                                                                                                                                                             31
11 Hammerton Street, Burnley,                                                                         *Reserve below £70,000
     Lot 15                     Lancashire BB11 1NA                                                                                                                  Gross Yield 12.1%
                                                                                                                                                                    6 week completion

                                                                                                                                                                   Marks & Spencer

     SITUATION                                                                               TENANCY
     Located on the west side of Hammerton Street, just off the                              The property is let on a full repairing and insuring Law Society lease to
     pedestrianised St James Street with nearby multiple retailers including                 Precious Glimpse Ltd (see Tenant Profile) for a term of 5 years from
     Marks & Spencer, Subway, GAME, Skipton Building Society,                                25th October 2018 at a current rent of £8,500 per annum exclusive.
     Santander and a host of local traders.
                                                                                             Tenant’s Break 2022
     Burnley is a busy market town lying just off the M65 (Junction 10)
     midway between Blackburn and Halifax, some 24 miles north of                            Note 1: The tenant previously traded from smaller premises
     Manchester.                                                                             opposite the property for many years.
     PROPERTY                                                                                Note 2: There is a £1,000 Rent Deposit held.
     Forming part of a mid-terraced building comprising a Ground Floor
                                                                                             TENANT PROFILE
     Shop.
                                                                                             Precious Glimpse Ltd is a professional 2D, 3D, 4D & HD live baby
     ACCOMMODATION                                                                           scanning studio for expectant parents and trade from two branches –
     Ground Floor Shop                                                                       visit: www.preciousglimpse.co.uk
     Gross Frontage                    23'8"
     Internal Width                    20'0"                                                                                                              The Property
     Shop Depth                        53'5"
     Built Depth                       95'2"
     Sales Area                        Approx.      1,010 sq ft
     Store Area                        Approx.       295 sq ft
     3 WCs
     VAT is applicable to this Lot
     TENURE
     Leasehold for a term of 250 years from June 2016 at a peppercorn
     ground rent.

                                                                                                                                Vendor’s Solicitors

     £8,500
                                                                                                                                Hamilton Downing Quinn LLP
                                                                                                                                Tel: 020 7831 8939 Ref: Guy Stevenson
                                  per annum                                                                                     Email: guys@hamd.co.uk

     The Surveyors dealing with this property are         For legal documents, please refer to page 8 of this catalogue
                                                          The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
     Steven Grossman and Elliott Greene
32                                                        *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
69 Anerley Road, Crystal Palace,                                                                     *Reserve below £150,000
Lot 16                     London SE19 2AS                                                                                                                       6 week completion

SITUATION                                                                                 PROPERTY
Occupying a busy trading position near the junction with Hamlet Road                      Forming part of an end of terrace building comprising 2 Ground Floor
within this well established shopping parade near a Tesco Express                         Shops. The Left Hand Shop was refurbished in 2017.
and a variety of local traders as well as being just a short walk from the
                                                                                          VAT is NOT applicable to this Lot
open spaces at Crystal Palace Park.
Crystal Palace is located just north of Croydon and approximately 6                       TENURE
miles south-east of central London, benefitting from good transport                       Leasehold for a term of 125 years from 24th June 2004 (thus
links via Crystal Palace Mainline Station being just a few hundred yards                  having approx. 110 years unexpired) at a fixed ground rent of
away.                                                                                     £200 p.a.

TENANCIES & ACCOMMODATION
Property           Accommodation                                     Lessee & Trade               Term                        Ann. Excl. Rental Remarks
Ground Floor     Gross Frontage                15'7"                 Phillip Charles              9 years from       £9,000                              Limited repairing obligations
Shop             Internal Width                14'10" (max)          Estates Ltd                  16th February 2018 (see Note)                          - see lease.
(Left Hand Shop) Shop & Built Depth            18’3"                 (Estate Agents)                                                                     Tenant’s Break February
                 External WC                                                                                                                             2021
                                                                                                                                                         Note: Rent rises to
                                                                                                                                                         £10,000p.a in 2021 and
                                                                                                                                                         £10,500p.a in 2023.
                                                                                                                                                         £1,500 Rent Deposit held.

Ground Floor      Gross Frontage               20'8"              Frozen Water                    2 years & 1 day             £4,800                     Limited repairing obligations
Shop              Internal Width               17'5" (max –       (Richard Laleye)                from April 2014                                        - see lease.
(Right Hand Shop)                              narrowing at rear) (Ice Production)                                                                       Holding over.
                  Shop & Built Depth           18'9"
                                                                                                                              Total: £13,800
                                                                                                                              (see Note)

                                                                                                                             Vendor’s Solicitors

Net Rent £13,600
                                                                                                                             Smith Partnership
                                                                                                                             Tel: 01332 225 225 Ref: Ann Gadsby
                                                                            per annum                                        Email: ann-gadsby@smithpartnership.co.uk

The Surveyors dealing with this property are           For legal documents, please refer to page 8 of this catalogue
                                                       The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
Elliott Greene and Joshua Platt                        *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
                                                                                                                                                                                             33
86-90 Dalton Road, Barrow-in-Furness,
     Lot 17                  Cumbria LA14 1JH

     SITUATION                                                                 FREEHOLD
     Located in the heart of the town’s main pedestrianised retail
                                                                               TENANCY
     thoroughfare, opposite Sports Direct and Bonmarché and close to
                                                                               The entire property is let on a full repairing and insuring lease to
     NatWest, Ryman, Shoezone, Halifax, The Works, Home Bargains
                                                                               Barclays Bank PLC (T/O for Y/E 31/12/17 £26.7bn, Pre-Tax
     and others.
                                                                               Profit £3.16bn and Shareholders’ Funds £65.7bn) for a term of
     Barrow is the second largest urban area in Cumbria after Carlisle and
                                                                               10 years from 25th May 2015 (in occupation for approx. 30 years
     lies on the Furness Peninsula, close to the Lake District and some 34
                                                                               – renewal of a previous lease) at a current rent of £31,500 per
     miles south-west of Kendal and the M6 (Junction 36).
                                                                               annum exclusive.
     PROPERTY
     An end of terrace building comprising a Ground Floor Bank with            Rent Review & Tenant’s Break May 2020
     internal access to Ancillary/Office Accommodation at first floor level.
                                                                               Note: In Autumn 2018, the Tenant carried out an extensive
     ACCOMMODATION
                                                                               internal refurbishment of the property to a high standard.
     Ground Floor Bank
     Gross Frontage                  34'8"
     Internal Width                  35'1" (max)
     Bank Depth                      60'0"                                                                                 View from Property
     Built Depth                     79'0"
     Banking Hall Area               Approx. 1,835 sq ft
     Customer WC
     First Floor Ancillary/Offices
     Area                            Approx. 1,690 sq ft
     Ladies & Gents WCs
     Total Area                      Approx. 3,525 sq ft
     VAT is applicable to this Lot

34
*Reserve below £200,000
                                                                                                                                                         Gross Yield 15.75%
                                                                                                                                                         6 week completion

   Banking Hall

                                                                                                                     Vendor’s Solicitors
                                                                                                                     Fladgate LLP

£31,500                           per annum
                                                                                                                     Tel: 020 3036 7000 Ref: Julian Scharfer
                                                                                                                     Email: jscharfer@fladgate.com

The Surveyors dealing with this property are   For legal documents, please refer to page 8 of this catalogue
                                               The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Elliott Greene                *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
                                                                                                                                                                                     35
Flat 137, Bray Road, Mill Hill East,                                                                            *Guide: £250,000+
     Lot 18                     London NW7 1SL                                                                                                                   6 week completion

                                                                                                                                                        The Property

     SITUATION                                                                            VAT is NOT applicable to this Lot
     Located within this popular residential area directly opposite the
                                                                                          TENURE
     impressive Millbrook Park Residential Development and within
                                                                                          Leasehold for a term of 125 years from 9th December 1999 (thus
     close proximity to Waitrose, Virgin Active and a host of local shopping
                                                                                          having over 105 years unexpired) at a peppercorn ground rent.
     facilities on Bittacy Hill and Holders Hill Road.
     Mill Hill East Underground Station (Northern Line) is within approx.                 Offered with VACANT POSSESSION
     500 yards and Frith Manor Primary School is just over ½ mile distant.
                                                                                          Note 1: The flat is currently let on an AST (now holding over) at
     Mill Hill East is a sought-after London suburb situated less than 8 miles
                                                                                          £15,420 p.a. (£1,285 pcm) but the tenant will be vacating prior to
     north-west of central London benefitting from good road links via the
                                                                                          completion – refer to the Special Conditions of Sale.
     A1 and North Circular Road.
                                                                                          Note 2: Flat 73 (2 bed) sold for £325,000 in March 2017 (source:
     PROPERTY
                                                                                          zoopla.co.uk).
     Comprising a Large Self-Contained 2 Bed Flat at second floor level
     which includes:
     • 1 Designated Parking Space
     • Gas Central Heating                                                                          The Property
     • uPVC Double Glazing
     • Entry Phone
     • Washing Machine, Tumble Dryer, Fridge/Freezer
     ACCOMMODATION (measurements to maximum points)
     Second Floor Flat                                                                           Mill Hill East
     Reception Room      19'9"    × 11'2"                                                        Underground Station
     Kitchen             12'8"    × 7'2" plus Utility Cupboard
     Bedroom 1          13'10"    × 8'1"
     Bedroom 2          13'11"    × 8'0"
                                                                                                      Waitrose &
     Storage Room         7'2"    × 4'3"
                                                                                                      Virgin Active
     Bathroom
                                                                                                      Gym
     Separate WC
     GIA Approx. 745 sq ft

                                                                                                                             Vendor’s Solicitors

     Vacant 2 Bed Flat
                                                                                                                             Macrory Ward
                                                                                                                             Tel: 020 8440 3258 Ref: Martina Ward
                                                                                                                             Email: martina@macroryward.co.uk

     The Surveyors dealing with this property are      For legal documents, please refer to page 8 of this catalogue
                                                       The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
     Joshua Platt and Steven Grossman
36                                                     *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
You can also read