Pearsons Property Auction - Wednesday 21st July 2021 Commencing at 11am at the Ageas Suite, Ageas Bowl Cricket Ground
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Pearsons Property Auction
Wednesday 21st July 2021
Commencing at 11am at the
Ageas Suite, Ageas Bowl Cricket Ground
West End, Southampton SO30 3XH
www.pearsonsauctions.com
Notes from the Rostrum
The next auction is just a few weeks away and at in Winsor, or maybe 2 flats and a garage in Fareham
the moment we are returning to our traditional town centre? Within the Southampton postal
surroundings at the Ageas Bowl Cricket Ground in district there are 3 such opportunities, being a
West End. semi-detached 2 storey building with workshops to
After 18 months of online only, it is great to come rear, or possibly a detached house on a large plot,
back with such a large catalogue and each of the 18 which backs on to the River Itchen and has its own
lots on offer are well worth a closer inspection. mooring.
At the lower end of the range is a large garage and For the investor buyers we have a modern purpose
a retirement flat in the Waterlooville area plus 2 built block of 10 flats (of which you are buying 8)
flats in Southampton and one on the Isle of Wight, and all are currently rented out.
all under £100,000. Our viewing days are well underway, so please
In the next category there are 8 lots, with a spread contact your local office to arrange an appointment.
of property types from a Winchester apartment to Any other queries then give us a call in the auction
a semi on the Island, a modern house in Horndean department.
and 5 bungalows in various states of repair. Steve Sprake FNAEA, Auctioneer
If however you are looking for something a little
more unusual, what about 10 acres of grazing land
LD
LD
LD
SO
SO
SO
LD
LD
LD
SO
SO
SO
Pearsons Public Property Auction Wednesday 21st July 2021 Contents 04 Important Notice to Prospective Buyers 05 Lot 1 Garage to the East of 13 Woodcroft Gardens, Waterlooville, PO8 9PZ 06 Lot 2 11 Wilton Court, Wilton Road, Southampton SO15 5RU 07 Lot 3 27 Oaklands, Holly Drive, Waterlooville, PO7 8HN 08 Lot 4 47b Blythe Way, Shanklin, Isle of Wight PO37 7NL 09 Lot 5 69 Lodge Road, Portswood, Southampton SO14 6RH 10 Lot 6 Flat 4 Southdown Court, Southdown Road, Winchester, SO21 2BX 12 Lot 7 26 & 26a Gordon Road, Fareham, Hampshire PO16 7SP 13 Lot 8 20 Cambridge Road, East Cowes, Isle of Wight PO32 6AH 14 Lot 9 22 Cedar Crescent, North Baddesley, Southampton SO52 9FT 15 Lot 10 10 Well Copse Close, Horndean, Waterlooville, PO8 0HB 16 Lot 11 56/56a Ash Tree Road, Southampton, Hampshire SO18 1LX 17 Lot 12 7 Leamington Crescent, Lee-on-the-Solent, PO13 9HJ 18 Lot 13 Land to the South East of New Road, Landford, Salisbury, SP5 2AZ 19 Lot 14 17 Cavendish Drive, Waterlooville, Hampshire PO7 7PJ 20 Lot 15 16 Riverside Avenue, Wallington, Fareham, PO16 8TF 21 Lot 16 17 Kent Grove, Portchester, Fareham, PO16 9HA 22 Lot 17 Brookside Court, 10 - 16 Bourne Road, Southampton, SO15 3AA 23 Lot 18 258 Priory Road, St Denys, Southampton SO17 2JW 24 Buyers Information 25 Sale Memorandum 26 Proxy/Telephone Bidding Facility 27 Terms and Conditions to Bid by Proxy/Telephone 28 Common Conditions of Sale
Important notice to prospective buyers
Important Notice to
Prospective Buyers
1. Particulars of Sale 6. Sale of Property
1.1 Prospective Buyers are advised to check the Particulars of any 6.1 Buyers should note that a legally enforceable Contract of Sale of the
property to ensure that they are satisfied as to the accuracy of all relevant property arises as soon as it has been “knocked down” to the
measurements, areas, details of leases and all other matters subject Buyer at the Auction.
to which the property is sold or has the benefit of. This should be
done by making an inspection of the property and by making all 6.2 The bidder must then complete and sign the Memorandum of Sale and
necessary enquiries with the auctioneers and vendor’s legal advisors. pay the required deposit. In default of such being provided at once
The Prospective Buyer should also make all necessary searches Pearsons will be entitled to re-submit the property for sale and may
and enquiries of appropriate authorities including local authorities. treat the Buyer as being in breach of Contract. Such action will be
All measurements and areas referred to in the Particulars are taken without prejudice to any claim there may be against the Buyer
approximately only. for breach of Contract.
1.2 No warranty is given as to the accuracy of any photographs and plans 6.3 Before the end of the Auction, the successful bidder should arrange
in the catalogue relating to the particular property to be offered for for a part of the Sale Memorandum to be signed by or on behalf
sale. They are provided to assist only in the location of the property. of the Buyer. Unless the Seller agrees otherwise the property will
They should not be deemed to show the extent of the said property. only be transferred to the Buyer named in the Buyer’s Slip and Sale
4 Memorandum or Contract completed by the successful bidder.
1.3 Prospective Buyers shall be deemed to have inspected the relevant Specific Buyers must be named. Properties cannot be transferred to
property and to have made all necessary and appropriate enquiries an un-named “nominee” or “agent”.
and searches.
6.4 Unless otherwise stated in the Conditions of Sale, the property will
2. Inspection be at the Buyer’s risk on being sold at the Auction. The Buyer should
Inspection of properties can only be made by prior arrangement and make his own arrangement for insurance immediately.
with the consents of Pearsons. Pearsons should be approached to
make the appropriate arrangements. 7. Deposit
7.1 The Buyer must provide a deposit cheque of 10% of the Purchase
3. Structure & Contamination Price subject to a minimum of £3,000 per lot on the relevant property
3.1 Prospective Buyers are strongly advised to consult their professional being “knocked down”. Cash deposits are not acceptable.
advisers in respect of the structure and possible contamination or
pollution of any property to be sold. If necessary a full structural and 7.2 The deposit must be paid when the Memorandum of Sale is
environmental survey should be carried out by a professional qualified completed.
person.
7.3 A separate deposit will be requested in respect of each lot purchased
3.2 No representation, warranty or undertaking whatsoever is made or made payable to Pearsons Southern Ltd.
intended to be made in respect to:
a) The state of the structure of any property or condition, any fixtures 7.4 Unless otherwise specified, cheques will be accepted. Cheques must
fittings equipment or other items expressed to be included in the sale be drawn on a bank or branch of a bank in the United Kingdom. Any
of any property. other cheques may be rejected.
b) The type of structure or whether such structure in adequate or
properly constructed or otherwise whatsoever in relation to the 8. Proof of Identification
state of repair of suitability of such structure or the fixtures fittings or Please note it is a obligation under the Money Laundering Regulations 2007
other equipment thereon. that you provide one form of identification from each of the categories
c) Whether or not there is any contamination or pollution in relation to listed below:
the property to be sold or any other property in the neighbourhood
d) Whether or not it complies with planning and building regulations Category A (To confirm personal identity)
or any legislation relating to the environment or contamination, Current Signed Passport
pollution or dangerous or potentially dangerous substances. Current UK Photo Driving Licence
National Identity Card/Passport (overseas client)
4. Conditions of Sale UK Armed Services ID Card
4.1 The attention of Prospective Buyers is drawn to the Conditions of Police/Other Government department ID Card
Sale relating to any property to be sold. Buyers should note that the Firearms Certificate (from Chief Constable)
Conditions of Sale relating to a particular property may be obtained Category B (To confirm address)
from Pearsons or the Vendor’s legal advisers.
Recent Utility Bill (no older than 3 months)
4.2 Prospective Buyers should note that there may be additions or Bank/Building Society/National Savings Statement
amendments to the Particulars or Conditions of Sale. An Addendum Local Authority Council Tax or Business Rate Bill
relating to these amendments will be available at the Auction. Mortgage Statement
Local Authority Rent Card/Tenancy Agreement
4.3 Buyers will be deemed to have read and considered the Particulars, Benefit Book or Benefits Agency Letter
Conditions and Addendum and have full knowledge of these and all
documents and other matters referred to. 9. Buyers Fee
9.1 Each successful buyer or bidder will be required to pay the Auctioneers
4.4 Prospective Buyers are strongly advised to consult their legal advisers Pearsons a non-refundable buyer’s fee of £500 plus VAT (£600 inc VAT).
in respect of the matters referred to in this paragraph. On purchases below £10,000 the buyer’s fee will be £250 plus VAT.
The fee becomes payable on each lot on the fall of the hammer.
5. Prior Sales
5.1 Prospective Buyers are strongly advised that they should contact 9.2 We recommend that you always check the Special Conditions of Sale
Pearsons the day before the Auction to enquire whether a particular relating to each property, so you are aware of any additional costs
lot will be offered for sale at Auction or whether it has been involved.
withdrawn or sold.
10. Completion
5.2 Neither Pearsons nor the Seller will be responsible for any losses or Completion date is 20 working days from the auction date of the contract
abortive costs incurred by the Prospective Buyer’s in respect of Lots unless specifically stated in the Special Conditions of Sale.
which are either withdrawn or sold prior to the Auction.
11. Please Note that you will NOT be entitled to KEYS or access to vacant
properties until completion of the sale. If access is required it may be
arranged through our offices with the permission of the seller. Once we
General Data Protection Regulations (GDPR) are advised by the seller’s solicitors completion has occurred the keys
For full details please refer to our Privacy Policy that was introduced on will be available for collection at our offices of the local key holder. If
25th May 2018 which can be found on our website, www.pearsons.com arrangements are made to post the keys, Pearsons take no responsibility
for their delivery.
Lot 1 Garage to the East of 13 Woodcroft Gardens,
Waterlooville, PO8 9PZ
lot 1
5
• Larger than average garage
• Popular Location
• Ideal storage/lockup
023 9226 2611
77 London Rd, Waterlooville PO7 7EL
Email: waterlooville@pearsons.com
TENURE Freehold
GUIDE PRICE £20,000 - £25,000 + fees*
LOCATION The property is located in a most desirable residential position, being within easy access of local schools,
amenities, facilities and access to the A3(M).
DESCRIPTION A detached garage/lockup situated within in popular residential location in Lovedean
EPC See legal pack for the report. EPC N/A
*ADDITIONAL FEES Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Buyers Premium: £600 inc VAT (£500 + VAT)
Disbursements: Please see legal pack for any disbursements listed that may become payable by the
purchaser on completion.
Lot 2 11 Wilton Court, Wilton Road, Southampton SO15 5RU
LOt 2
6
• A Ground Floor Apartment
• Spacious Internal Layout
• Garage in Nearby Block
023 8023 3288
58-60 London Rd, Southampton SO15 2AH
Email: southampton@pearsons.com
TENURE Leasehold
GUIDE PRICE £87,500 + fees*
LOCATION The property is conveniently located for educational needs with a variety of schooling nearby. Recreational
facilities are catered for locally with Southampton Common which offers over 300 acres of parkland
and the Sports Centre. There is a wide range of shopping facilities in Southampton city centre as well as
excellent travel connections with the M3 and M27 motorways nearby.
DESCRIPTION Occupying a ground floor position in the popular part of Upper Shirley, this spacious apartment offers
thoughtfully planned accommodation.
ACCOMMODATION Sitting room which measures over 21’ in length, a good size double bedroom, a separate kitchen which
has in the past been re-fitted, a family bathroom and significant storage within the entrance hallway. The
property is in need of some additional renovation and would make an ideal investment. The property is
situated in well tended communal grounds and has the benefit of a garage located in a block to the rear of
the building.
EPC See legal pack for the report. EPC Band F
*ADDITIONAL FEES Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the
purchaser on completion.
Lot 3 27 Oaklands, Holly Drive, Waterlooville, PO7 8HN
lot 3
7
• RETIREMENT APARTMENT
• ONE BEDROOM
• PARKING AREA
023 9226 2611
77 London Rd, Waterlooville PO7 7EL
Email: waterlooville@pearsons.com
TENURE Leasehold
GUIDE PRICE £30,000 - £35,000 + fees*
LOCATION The property is located in a highly desirable area, with local shops, schools and amenities available in
Cowplain together with access to the A3 (M) are within easy reach.
DESCRIPTION This purpose built second floor retirement apartment designed for the over ‘60s’ is offered with no
forward chain and is located in the ever popular area of Waterlooville, within close proximity of shops,
amenities and public transport links.
ACCOMMODATION The accommodation in brief comprises communal entrance hall, inner hallway, kitchen, lounge, bedroom
and bathroom. There are communal gardens, laundry room, parking area and onsite house manager. Other
benefits include double glazing and electric heating.
EPC See legal pack for the report. EPC Band C.
*ADDITIONAL FEES Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the
purchaser on completion.
Lot 4 47b Blythe Way, Shanklin, Isle of Wight PO37 7NL
LOt 4
8
• 2 Bedrooms
• Spacious internally
• Off road parking
01983 525710
Trigg House, Monks Brook, St Cross Business Park,
Newport PO30 5WB Email: sales@triggiow.co.uk
TENURE Leasehold
GUIDE PRICE £95,000 + fees*
LOCATION Shanklin is a very lovely and popular seaside resort, offering plenty of amenities and good transport links.
There are stunning sea views from the near by cliff path and space to relax down on the beach.
DESCRIPTION A well presented 2 bedroom Maisonette enjoying a stunning woodland outlook.
ACCOMMODATION Spacious internal layout of lounge, kitchen/diner, 2 bedrooms and a bathroom. Outside there is a private
area of garden and driveway parking.
EPC See legal pack for the report. EPC Band C.
*ADDITIONAL FEES Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the
purchaser on completion.
Lot 5 69 Lodge Road, Portswood, Southampton SO14 6RH
lot 5
9
• A First Floor Apartment
• Two Double Bedrooms
• Ideal Investment Offering A Good Rental Return
023 8023 3288
58-60 London Rd, Southampton SO15 2AH
Email: southampton@pearsons.com
TENURE Leasehold
GUIDE PRICE £100,000 + fees*
LOCATION Lodge Road is ideally positioned to take advantage of Southampton University or Highfield Campus which
is considered to be a popular location for the students. Local services are close at hand, notably Portswood
with its large range of shopping facilities and Aldi supermarket. Rail services can be found close by at St
Denys Station.
DESCRIPTION A two bedroom first floor converted apartment located in a convenient situation within the Portswood
district of Southampton.
ACCOMMODATION The accommodation is split level offering two double bedrooms, a spacious open plan 27’ kitchen/sitting
room with a re-fitted range of units as well as a re-fitted modern white bathroom suite. The property is
generally presented in tasteful decorative order with neutral decorations throughout and would make the
ideal investment offering a good rental return.
EPC See legal pack for the report. EPC Band E.
*ADDITIONAL FEES Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the
purchaser on completion.
Lot 6 Flat 4 Southdown Court, Southdown Road,
Winchester, SO21 2BX
LOt 6
10
• Ground Floor Conversion Flat
• One Bedroom with Feature Bay Window
• Residents Parking
01962 853344
3 Southgate St, Winchester SO23 9DY
Email: Winchester@pearsons.com
TENURE Leasehold
GUIDE PRICE £175,000 + fees*
LOCATION Shawford rail station is within walking distance and Winchester train station is just a short drive providing
direct connections to London Waterloo. There is a pathway at the property which links to a bus stop with
routes into Winchester city. The city centre offers an eclectic mix of specialist boutique shops alongside
familiar high street retailers.
DESCRIPTION A one bedroom conversion flat situated in the popular village of Shawford.
ACCOMMODATION Mature communal grounds and access via a sweeping driveway, the property comprises its own private
entrance porch and door leading to the entrance hall. There is a spacious sitting/dining room benefiting
from a bay window, feature wood burner and door to communal grounds. Centrally positioned is the
kitchen with a comprehensive range of units and feature window allowing natural light in. To the left there
is a three piece bathroom and a double bedroom with feature bay window and fitted double wardrobe.
EPC See legal pack for the report. EPC Band F.
*ADDITIONAL FEES Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the
purchaser on completion.PROPERTY AUCTIONEERS
Thinking of Selling at Auction?
• A Quick & Efficient Method of Sale • 10% Non-Refundable Buyer’s
• Instant ‘Exchange of Contracts’ Deposit
• Best Price Achieved on the Day • No Re-negotiating/ No Fall Throughs
• Completion in 20 Working Days • The ‘Stress is Less’ at Auction
To appear in our next Auction please call:
02380 474 274
pearsonsauctions.comLot 7 26 & 26a Gordon Road, Fareham, Hampshire PO16 7SP
LOt 7
12
• 2 Flats With Own Entrances
• Garage at Rear
• Under One Freehold Title
01329 288241
21 West St, Fareham PO16 0BG
Email: fareham@pearsons.com
TENURE Freehold
GUIDE PRICE £250,000 + fees*
LOCATION The property is situated centrally within walking distance of Fareham railway station and Fareham town
centre with its comprehensive range of shopping and banking facilities. The property is also situated within
Harrison Primary School catchment area which is linked to Cams Hill Secondary School. Fareham also
offers access to the M27 motorway.
DESCRIPTION A superb opportunity to purchase two apartments located within the heart of Fareham town centre
offered for sale with the freehold and a garage.
ACCOMMODATION To the ground floor, there is a sizeable two bedroom apartment which requires modernisation and
comprises entrance via its own front door, hall, cloakroom, kitchen, living room, two bedrooms and a
GARAGE. The first floor one bedroom apartment also requires modernisation and benefits from its own
front door, entrance on the ground floor, hall with stairs rising to the first floor landing, open plan kitchen/
living room, bedroom and bathroom.
EPC See legal pack for the report.
*ADDITIONAL FEES Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the
purchaser on completion.Lot 8 20 Cambridge Road, East Cowes, Isle of Wight PO32 6AH
lot 8
13
• 3 BedroomS
• Scenic views to front
• Balcony enjoying sea views
01983 525710
Trigg House, Monks Brook, St Cross Business Park,
Newport PO30 5WB Email: sales@triggiow.co.uk
TENURE Freehold
GUIDE PRICE £200,000 - £225,000 + fees*
LOCATION East Cowes is an historic waterside Town which is home to Osborne House. In the Town you will find a
varied choice of amenities that include a newly built Waitrose supermarket, Dean & Reddoff Marina: where
you can catch sight of a Kingfisher or an Oystercatcher and still be a short walk from shops and restaurants
in the main town.
DESCRIPTION Here’s a fantastic opportunity to purchase a house in ever popular Cambridge Road that’s ready for you to
put your own stamp on and create your new family home!
ACCOMMODATION With 3 bedrooms, spacious lounge/diner, kitchen, sunroom and rear balcony with sea views this house
already offers great potential.
EPC See legal pack for the report. EPC Band E.
*ADDITIONAL FEES Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the
purchaser on completion.Lot 9 22 Cedar Crescent, North Baddesley, Southampton SO52 9FT
LOt 9
14
• Semi-Detached Bungalow
• 2 Bedrooms
• Driveway Parking and Garage
01794 514516
44 The Hundred, Romsey SO51 8BX
Email: Romsey@pearsons.com
TENURE Freehold
GUIDE PRICE £200,000 + fees*
LOCATION North Baddesley has excellent local amenities including local shops, pubs and restaurants, a well-regarded
infant and primary school and the property also falls within the catchment of the Mountbatten Secondary
School. The market town of Romsey is nearby and offers a more comprehensive range of shops, bars,
pubs, restaurants and facilities. There are access to the M27/M3 motorway network.
DESCRIPTION A semi-detached bungalow in an established location requiring modernisation throughout but with the
potential to create a comfortable home for someone downsizing.
ACCOMMODATION The well-arranged interior comprises entrance hall, sitting room/dining room, kitchen, two bedrooms and
bathroom whilst outside are mature gardens to the front and rear with driveway parking for two to three
cars and an integral garage. The property will be of particular interest to property developers, investors
etc.
EPC See legal pack for the report. EPC Band D.
*ADDITIONAL FEES Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the
purchaser on completion.Lot 10 10 Well Copse Close, Horndean, Waterlooville, PO8 0HB
lot 10
15
• THREE BEDROOM SEMI DETACHED
• CUL-DE-SAC LOCATION
• DRIVEWAY AND DETACHED GARAGE
023 2959 1717
41 Drift Rd, Clanfield, Waterlooville PO8 0JS
Email: clanfield@pearsons.com
TENURE Freehold
GUIDE PRICE £275,000 + fees*
LOCATION Horndean is a popular residential location with the benefit of local shopping, schools, doctors surgeries and
regular bus services. Convenient for the access to the A3 (M) with rail links at Petersfield and Rowlands
Castle.
DESCRIPTION Three bedroom semi-detached family home in a popular cul-de-sac location.
ACCOMMODATION The accommodation of this property includes entrance porch, living room, well presented kitchen/diner,
three bedrooms and a shower room. Outside there is a detached garage with a side driveway providing
ample off road parking for three to four cars . The rear garden is enclosed with an area of lawn and patio.
EPC See legal pack for the report. EPC Band D.
*ADDITIONAL FEES Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the
purchaser on completion.Lot 11 56/56a Ash Tree Road, Southampton, Hampshire SO18 1LX
LOt 11
16
• Potential Development Opportunity
• Substantial Corner Plot
• Workshops at the rear
023 8023 3288
58-60 London Rd, Southampton SO15 2AH
Email: southampton@pearsons.com
TENURE Freehold
GUIDE PRICE £200,000 - £250,000 + fees*
LOCATION Ash Tree Road is set within the Bitterne Park area of Southampton being within easy reach of the well
regarded Infant, Junior and Secondary School. Good road communications to the M27 and M3 Motorways.
There are Mainline Rail Services from Southampton Parkway, St Denys or Swaythling Stations.
DESCRIPTION Situated within Ash Tree Road within Bitterne Park is this substantially sized property situated on a corner
plot.
ACCOMMODATION The original building has been heavily extended to the rear of the property and historically has been used
as a commercial business. The previous owner has started some of the restoration works which can been
seen in person but the property is in need of finishing.
EPC See legal pack for the report. EPC Band TBC.
*ADDITIONAL FEES Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the
purchaser on completion.Lot 12 7 Leamington Crescent, Lee-on-the-Solent, PO13 9HJ
lot 12
17
• DETACHED BUNGALOW
• WIITHIN A MILE OF SEAFRONT
• DRIVEWAY, GARAGE & REAR GARDEN
01329 288241
21 West St, Fareham PO16 0BG
Email: fareham@pearsons.com
TENURE Freehold
GUIDE PRICE £275,000 + fees*
LOCATION The property is set just inland from the seafront with plenty of local shops, schools and recreational
facilities to hand. Both Fareham and Gosport town centres are easily accessible. The Gosport Ferry
provides a link across the historic harbour to Portsmouth and mainline station and access to Gunwharf
Quays retail outlet with a variety of bars, shops, restaurants and cinema complex.
DESCRIPTION A two bedroom detached bungalow located within a mile of Lee on Solent seafront.
ACCOMMODATION The bungalow, which does require general updating throughout, briefly consists of an entrance porch,
entrance hall, living room, kitchen/breakfast room, two bedrooms, bathroom and separate WC. The
property benefits from double glazing and has gas central heating. There is off-road parking to the driveway,
a GARAGE and rear garden.
EPC See legal pack for the report. EPC Band TBC.
*ADDITIONAL FEES Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the
purchaser on completion.Lot 13 Land to the South East of New Road, Landford,
Salisbury, SP5 2AZ
LOt 13
18
• Just over 10 acres
• Grazing Land
• 4 Paddocks on one title
023 8047 4274
62 High St, West End, Southampton SO30 3DT
Email: auctions@pearsons.com
TENURE Freehold
GUIDE PRICE £250,000 + fees*
LOCATION Accessed directly from New Road and being a short distance from the New Forest, with its many leisure
pursuits and in particular the open spaces for horse riding.
DESCRIPTION A substantial area of grazing land that extends to just over 10 acres and although it is being sold under one
Freehold title, it has been divided into 4 paddocks of roughly equal size.
ACCOMMODATION The boundaries are fenced/hedged with vehicular access from New Road down to a central hardstanding
for parking and storage. It is a gently sloping site that has the benefit of a water system installed.
EPC See legal pack for the report. EPC Band N/A .
*ADDITIONAL FEES Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the
purchaser on completion.Lot 14 17 Cavendish Drive, Waterlooville, Hampshire PO7 7PJ
lot 14
SOLD PRIOR
19
• THREE BEDROOMS
• AMPLE DRIVEWAY PARKING & GARAGE
• GENEROUS PLOT
023 9226 2611
77 London Rd, Waterlooville PO7 7EL
Email: waterlooville@pearsons.com
TENURE Freehold
GUIDE PRICE £385,000 + fees*
LOCATION The property is situated within a desirable residential location, conveniently positioned for local amenities,
bus routes and within easy reach of Waterlooville Town centre. There is also ready access to the major
road links along the south coast including the M27 and A3(M).
DESCRIPTION This detached chalet style home offers a great opportunity for a buyer looking for a property to ‘put their
own stamp on’. Set within one of the most sought after local areas.
ACCOMMODATION The property features two double bedrooms and bathroom to the first floor, third bedroom or study to
the ground floor, cloakroom, lounge, separate dining room, conservatory and kitchen/breakfast room.
There is gas heating, double glazing, extensive parking, car port and a detached garage
EPC See legal pack for the report. EPC Band E.
*ADDITIONAL FEES Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the
purchaser on completion.Lot 15 16 Riverside Avenue, Wallington, Fareham, PO16 8TF
LOt 15
20
• DETACHED BUNGALOW
• THREE BEDROOMS
• DRIVEWAY PARKING
01329 288241
21 West St, Fareham PO16 0BG
Email: fareham@pearsons.com
TENURE Freehold
GUIDE PRICE £300,000 + fees*
LOCATION Wallington is a particularly sought after location and is considered by many to be a ‘village within a town’.
There is a wide range of housing from small character cottages to large detached houses. Fareham’s
extensive shopping facilities, restaurants and amenities are within easy reach as is junction 11 of the M27
motorway for commuting both east and west bound. This location is also within the catchment area of
Harrison Road Primary School which is curriculum linked to Cams Hill Secondary School.
DESCRIPTION A superb opportunity to purchase this three bedroom detached bungalow located in an elevated position
within the highly regarded village of Wallington.
ACCOMMODATION The internal accommodation, which is in need of modernisation, comprises entrance hall, 17’ living room,
kitchen, three bedrooms and bathroom. Outside, there is a generous rear garden and a front garden,
both of which are in need of cultivation. There is also driveway parking which gives access to the garage/
workshop which is in need of repair.
EPC See legal pack for the report. EPC Band D.
*ADDITIONAL FEES Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the
purchaser on completion.Lot 16 17 Kent Grove, Portchester, Fareham, PO16 9HA
lot 16
21
• DETACHED BUNGALOW
• TWO BEDROOMS
• OPEN ASPECT TO SIDE
01329 288241
21 West St, Fareham PO16 0BG
Email: fareham@pearsons.com
TENURE Freehold
GUIDE PRICE £250,000 + fees*
LOCATION Portchester precinct offers a range of shops and medical centre, whilst more comprehensive facilities are
nearby in Fareham. Located on a bus route with railway station nearby and access to the A27 via junctions
11 and 12 for daily commute to Portsmouth, Southampton and Winchester etc.
DESCRIPTION A two bedroom, two reception room detached bungalow located at the head of the cul-de-sac with only
public open space separating the bungalow and Portchester foreshore.
ACCOMMODATION The bungalow which lends itself to further extensions and development subject to the usual planning
permission and building regulation approval briefly consists of an entrance hall, two bedrooms, bathroom,
lounge, 21’ kitchen/dining room and second reception room. There is off-road parking available to the
driveway, an enclosed rear garden and brick built outhouse.
EPC See legal pack for the report. EPC Band F.
*ADDITIONAL FEES Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the
purchaser on completion.Lot 17 Brookside Court, 10 - 16 Bourne Road, Southampton, SO15 3AA
LOt 17
22
• EIGHT x ONE BED FLATS
• FREEHOLD FOR BLOCK INCLUDED
• WALKING DISTANCE TO TRAIN STATION
023 8078 0787
391 Shirley Rd, Shirley, Southampton SO15 3JD
Email: shirley@fieldpalmer.com
TENURE Freehold
GUIDE PRICE £850,000 + fees*
LOCATION Freemantle is situated within close proximity to Southampton Central Train Station, Southampton City
Centre, Southampton General Hospital and Shirley High Street which contains a great mixture of local
shops and amenities. Freemantle is also a popular location for investors and first time buyers.
DESCRIPTION A rare opportunity to purchase Eight out of a modern block of Ten, One bedroom flats with freehold and
tenants in situ on AST agreements.
ACCOMMODATION The properties have modern fittings, Gas central Heating and Double glazing and units are readily lettable,
having achieved between £600 - £650pcm. Each flat has fitted kitchen and bathroom with lounge and
bedroom.
EPC See legal pack for the report.
*ADDITIONAL FEES Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the
purchaser on completion.Lot 18 258 Priory Road, St Denys, Southampton SO17 2JW
lot 18
23
• Double Fronted Period Home
• Four Bedrooms
• Backing onto River Itchen with mooring
023 8023 3288
58-60 London Rd, Southampton SO15 2AH
Email: southampton@pearsons.com
TENURE Freehold
GUIDE PRICE £400,000 + fees*
LOCATION Priory Road is close to local shopping facilities in Bitterne Triangle as well as offering easy access to
Portswood High Street. There is also easy access to the City Centre which offers a wider range of shopping
facilities including the West Quay shopping centre.
DESCRIPTION A substantial double fronted period home situated in the popular residential area of St Denys with the
advantage of backing onto the River Itchen offering water views as well as having a private mooring.
ACCOMMODATION Ground floor offers both sitting and dining rooms with bay windows as well as a further third reception
room. The generously proportioned kitchen area provides access to a further utility with a later
conservatory addition which has a ground floor w.c. The first floor comprises four bedrooms and a
separate shower room. The property benefits from double glazing, central heating with replacement
central heating boiler. Externally the property has the advantage of a driveway providing parking for
numerous vehicles. Please note - An overage agreement is applicable, details of which are available in the
legal pack.
EPC See legal pack for the report. EPC Band TBC.
*ADDITIONAL FEES Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the
purchaser on completion.Identification Documents
buyers information
Important Notice
Money Laundering Regulations.
As a requirement under this Category A (to confirm personal identity) Category B (to confirm address)
legislation, any person buying or
• Current Signed Passport • Recent Utility Bill (no older than 3 months)
bidding at auction MUST produce
documentation to confirm their • Current UK Photo Driving Licence • Bank/Building Society/National Savings
name and residential address. • National Identity Card/Passport Statement
Please find a schedule of acceptable (overseas client) • Local Authority Council Tax or Business
documentation. • UK Armed Services ID Card Rate Bill
You must provide one document • Police/Other Government department • Mortgage Statement
from each list. ID Card • Local Authority Rent Card/Tenancy
24 Please note that a driving license • Firearms Certificate Agreement
can be used as evidence for one or (from Chief Constable) • Benefit Book or Benefits Agency Letter
the other BUT NOT BOTH.
Money Laundering Procedures
In accordance to the above, please be advised, that if you intend to bid on this property, then you will be required to
provide two forms of id (one photo-type). If, you are intending to bid on behalf of a third party, then we would require both
id for yourself, plus a certified copy of photo id for the intended purchaser.
Please visit auctions@pearsons.com for further details.
Pre-Auction Offers
Pre-auction offers must be submitted in writing to the Auctioneers’ office by letter or email, including name, address,
telephone number and details of solicitors. Any pre-auction offer received is assumed to be a ‘best offer’ and no guarantee
is given that there will be an opportunity to increase or review the offer should it not be accepted or should a better offer
be received. Pre-auction offers can only be considered on the basis of an exchange of contracts prior to auction with a 10%
deposit and payment of the Auctioneers’ administration fee. If an offer is accepted the lot will not be withdrawn from the
catalogue or advertising programme until exchange of contracts has taken place.
Guide Prices & Reserves
Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a
property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve
(a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the
Guide Range or no more than 10% above a single figure Guide.
Additional Auction Services
Legal Documents
Legal documents for some of the lots are now or will be available online. Where you see the relevant icon on the website,
you will be able to download the documents.
Online Live
Visit www.eigroup.co.uk and select Online Auctions. Choose the auction and then Viewing Gallery. You will see
details of the lot being offered and can watch the bidding as it happens. It is not possible to bid using this service.Sale Memorandum
SALES MEMORANDUM
Property Address Lot No
The Vendor
Full name(s)
Of Address inc
Postcode
Vendor’s Solicitor 25
Address inc.
Postcode
Vendor Solicitor
Telephone
It is agreed that the Vendor sells and the Purchaser buys the property described in the accompanying particulars and
*conditions of sale subject to their provisions and the terms and stipulations in them at the price mentioned below.
£ Purchase Price
£ Less Deposit
£ Balance
Completion Date
As per Special Conditions of Sale or Twenty Business Days after the Contract Date
The Purchaser
Full name(s)
Of Address inc
Postcode
Purchaser’s
Solicitor Address
inc. Postcode
Purchaser Solicitor
Telephone
Signed
Authorised Agent for Vendor
Dated
Signed
The Purchaser
*For the purpose of this contract, the conditions of sale include the three sections of the RICS Common Auction Conditions,
the Glossary, Conduct of the Auction and the General Conditions.Proxy/Telephone Bidding Facility
Please also sign and return the terms & conditions on page 27
Proxy/Telephone
Bidding Facility
Bidders Name (if applicable):
Address:
Postcode:
Tel: Mobile: Email:
26 Solicitors Name:
Address:
Postcode:
Tel: Contact Name :
I hereby authorise Pearsons staff to bid on my behalf on the terms and conditions set out overleaf headed “Proxy or Telephone Bidding”,
which I confirm I have read, understood and signed a copy of which is attached.
* I request that Pearsons first attempt to contact me on the telephone at the relevant time to enable me to bid myself. If a telephone link cannot be
established for whatever reason, Pearsons are authorised to bid on my behalf under these terms (* Delete if telephone bid is not required).
The bid that I hereby authorise is: Auction Date:
Lot No: Address:
My maximum bid £ In words:
(The figure must be a definite one and not to be calculated for example by reference to other bids such as one bid above anyone else’s bids. Any uncertainty
could result in Pearsons not bidding).
I attach a cheque for £ In words:
Being 10% of my proxy bid or £3,000, whichever is the greater, plus £600 inc VAT (Administration Charge) and
any buyers premium payable as per any description in the catalogue or legal pack.
Or
I attach a blank cheque to be completed by the Auctioneer if my bid is successful, within which he will include
£600 inc VAT
(Administration Charge) and any buyers premium payable as per any description in the catalogue or legal pack.
Signature of Bidder: Date:
If my bid is successful, I authorise the Auctioneer to sign the Memorandum of Sale on my behalf and recognise
that I will be the legally bound purchaser of the property referred to above and must complete the purchase of
the property within the time specified in the General/Special Conditions of Sale.
Signed: Date:
Please note there should not be any alteration to the form and any mis-entries which have to be corrected must be signed, in full, in the margins.Terms and Conditions
to bid by Proxy/Telephone
Terms and Conditions
to bid by Proxy/Telephone
Please Note: Minimum Deposit for each telephone bid is £3,000
Anyone not able to attend the auction to make their own bids may utilise the facilities available for telephone,
or written, bids on the following terms and conditions:
1. The bidder must complete a separate authority form for each 8. In the event that the telephone/written bid is successful the
Lot involved, and provide a clearing bank cheque for 10% of Auctioneer will sign the Sale Memorandum on behalf of the bidder
the maximum amount of the bid for each Lot. Please note the (a Contract will have been formed on the fall of the hammer).
minimum deposit for any telephone bid is £3,000 per lot.
9. In the event of a Contract, the deposit cheque will be applied so
2. The form must be sent to, or delivered to: Pearsons, 62 High far as necessary to meet the requirement for a 10% deposit
Street, West End, Southampton, SO30 3DT to arrive before (minimum £3,000) and the balance of the deposit (if any) will be
6pm two working days prior to the start of the auction. It is returned to the bidder. 27
the bidder’s responsibility to check that the form is received by
Pearsons and this can be done by telephoning the office. 10. In the event that the bidder is unsuccessful, the deposit cheque
will be returned to the bidder promptly.
3. The bidder shall be deemed to have read the “Important Notice
to Prospective Buyers”; the particulars of the relevant Lot in the 11. Once delivered to the Auctioneers, the authority to bid is binding
catalogue; the general and special conditions of sale. The bidder on the bidder on the day on which the particular Lot is auctioned.
shall be deemed to have taken all necessary professional and legal This is to allow for the possibility of a Vendor agreeing to sell post
advice and to have made enquiries and have knowledge of any auction where the bidding has not reached the reserve.
announcements to be made from the rostrum of any amendments
relating to the relevant Lot. Announcements can and should be 12. The authority can only be withdrawn by notification in writing
checked by bidders on the day before the auction however the delivered to Pearsons at their office two hours before the start
Auctioneers will advise the bidders of any announcements as soon of the auction on the day the relevant Lot is scheduled to be
as possible prior to the Auction. auctioned, or by delivery into the hands of the Auctioneer in the
auction room half an hour before the start of that day’s auction.
4. In the case of telephone bids, at about the time that the Lot come It is the bidder’s responsibility to obtain confirmation of receipt
up for auction attempts will be made to contact the bidder by on a copy of the withdrawal notification signed by one of the
telephone and, if successful, the bidder may then compete in the Auctioneers and without such a receipt the authority stands and
bidding. any subsequent Contract is binding on the bidder.
O therwise the Auctioneers will not bid beyond the maximum
authorised amount except by prior written arrangement. 13. If the bidder, or an agent, actually bids at the auction without
having previously withdrawn the authority, the Auctioneer
5. In the event that the telephone link is not established, or breaks is at liberty to accept such a bid in addition to any bid from
down, or there is any confusion or disruption, Pearsons will bid/ Pearsons staff as empowered under the telephone/written
continue to bid on behalf of the bidder up to the maximum of the authority. Pearsons would have no liability whatsoever if the price
authorisation. achieved is the result only of this competition in bidding without
intervention from other bidders.
6. In the case of written bids, Pearsons staff will compete in the
bidding up to the maximum of authorisation. I hereby confirm that I have read and understood the above terms
and conditions to bid by telephone/letter
7. Pearsons reserve the right not to bid on behalf of telephone/
written bidders, in the event of any error, doubt, omission, Signed:
uncertainty as to the bid, or for any reason whatsoever, and give
no warranty, or guarantee, that a bid will be made on behalf of the Date:
bidder and accept no liability.
Please sign this page and ensure the form overleaf is completed.
IMPORTANT NOTICE - Money Laundering Regulations
PLEASE NOTE THAT any person buying or bidding at auction,
MUST produce documentation to confirm their name and residential address.
Please find below a schedule of acceptable documentation.You must provide one document from each list.
Category A (to confirm personal identity) Category B (to confirm address)
• Current Signed Passport • Recent Utility Bill (no older than 3 months)
• Current UK Photo Driving Licence • Bank/Building Society/National Savings Statement
• National Identity Card/Passport (overseas client) • Local Authority Council Tax or Business Rate Bill
• UK Armed Services ID Card • Mortgage Statement
• Police/Other Government department ID Card • Local Authority Rent Card/Tenancy Agreement
• Firearms Certificate (from Chief Constable) • Benefit Book or Benefits Agency Letter
Please note that a driving licence can be used as evidence for either one or the other BUT NOT BOTH.Common Auction Conditions
CONDITIONS OF SALE
COMMON AUCTION
Introduction Financial charge A3.5 Where there is a reserve price the seller may bid (or ask us or
The Common Auction Conditions have been produced for real estate auctions A charge to secure a loan or other financial indebtness (not including a another agent to bid on the seller’s behalf) up to the reserve price
in England and Wales to set a common standard across the industry. They are rentcharge). but may not make a bid equal to or exceeding the reserve price.
in three sections: You accept that it is possible that all the bids up to the reserve price
General conditions are bids made by or on behalf of the seller.
Glossary That part of the sale conditions so headed, including any extra general
The glossary gives special meanings to certain words used in both sets of conditions. A3.6 Where a guide price (or range of prices) is given that guide is the
conditions. minimum price at which, or range of prices within which, the seller
Interest rate might be prepared to sell at the date of the guide price. But guide
Auction Conduct Conditions If not specified in the special conditions, 4% above the base rate from time prices may change. The last published guide price will normally be at or above
The Auction Conduct Conditions govern the relationship between the to time of Barclays Bank plc. (The interest rate will also apply to judgment any reserve price but not always – as the seller may fix the final reserve price
auctioneer and anyone who has a catalogue, or who attends or bids at the debts, if applicable). just before bidding commences.
auction. They cannot be changed without the auctioneer’s agreement.
Lot A4. The particulars and other information
These conditions are set out in a two-part notice to bidders in the auction Each separate property described in the catalogue or (as the case may be)
catalogue, part one containing advisory material – and part two the auction the property that the seller has agreed to sell and the buyer to buy (including A4.1 We have taken reasonable care to prepare particulars that correctly
conduct conditions. chattels, if any). descried each lot. The particulars are based on information
supplied by or on behalf of the seller. You need to check that the
Sale Conditions Old arrears information in the particulars is correct.
The Sale Conditions govern the agreement between each seller and buyer. Arrears due under any of the tenancies that are not “new tenancies” as
They include general conditions of sale set out herein. The sale of each lot is defined by the Landlord and Tenant (Covenants) Act 1995. A4.2 If the special conditions do not contain a description of the lot, or
also subject to special conditions of sale, tenancy and arrears schedules which simply refer to the relevant lot number, you take the risk that the
are available from the Auctioneer. Particulars description contained in the particulars is incomplete or
The section of the catalogue that contains descriptions of each lot (as varied inaccurate, as the particulars have not been prepared by a
Important Notice by any addendum). conveyancer and are not intended to form part of a legal contract.
A prudent buyer will, before bidding for a lot at an auction:
• Take professional advice from a conveyancer and, in appropriate Practitioner A4.3 The particulars and the sale conditions may change prior to the
28 cases, a chartered surveyor and an accountant;
• Read the conditions;
An insolvency practitioner for the purposes of the Insolvency Act 1986 (or, in
relation to jurisdictions outside the United Kingdom, any similar official).
auction and it is your responsibility to check that you have the
correct versions.
• Inspect the lot;
• Carry out usual searches and make usual enquiries; Price A4.4 If we provide information, or a copy of a document, provided by
• Check the content of all available leases and other documents The price that the buyer agrees to pay for the lot. others we do so only on the basis that we are not responsible for the
relating to the lot; accuracy of that information or document.
• Check that what is said about the lot in the catalogue is accurate; Ready to complete
• Have finance available for the deposit and purchase price; Ready willing and able to complete: if completion would enable the seller to A5. The contract
• Check whether VAT registration and election is advisable; discharge all financial charges secured on the lot that have to be discharged by
completion, then those outstanding financial charges do not prevent the seller A5.1 A successful bid is one we accept as such (normally on the fall of the
The conditions assume that the buyer has acted like a prudent buyer. from being ready to complete. hammer). This condition A5 applies to you if you make the
successful bid for a lot.
If you choose to buy a lot without taking these normal precautions you do so Sale conditions
at your own risk. The general conditions as varied by any special conditions or addendum. A5.2 You are obliged to buy the lot on the terms of the sale
memorandum at the price you bid plus VAT (if applicable).
Glossary Sale memorandum
This glossary applies to the auction conduct conditions and the sale The form so headed (whether or not set out in the catalogue) in which the A5.3 You must before leaving the auction:
conditions. terms of the contract for the sale of the lot are recorded. a) provide all the information we reasonably need from you to
enable us to complete the sale memorandum (including proof
Wherever it makes sense: Seller of identity if required by us);
• singular words can be read as plurals, and plurals as singular words; The person selling the lot. If two or more are jointly the seller their b) sign the completed sale memorandum; and
• a “person” includes a corporate body; obligations can be enforced against the jointly or against each of them c) pay the deposit.
• words of one gender include the other genders; separately.
• references to legislation are to that legislation as it may have been A5.4 If you do not we may either:
modified or re-enacted by the date of the auction or the contract Special conditions a) as agent for the seller treat that failure as your repudiation of
date (as applicable); and Those of the sale conditions so headed that relate to the lot. the contract and offer the lot for sale again; the seller may then
• where the following words printed in bold black type appear in bold have a claim against you for breach of contract; or
blue type they have the specified meanings. Tenancies b) sign the sale memorandum on your behalf.
Tenancies, leases, licences to occupy and agreements for lease and any
Actual completion date documents varying or supplemental to them. A5.5 The deposit:
The date when completion takes place or is treated as taking place for the a) is to be held as stakeholder where VAT would be chargeable on
purposes of apportionment and calculating interest. Tenancy schedule the deposit were it to be held as agent for the seller, but
The tenancy schedule (if any) forming part of the special conditions. otherwise is to be held as stated in the sale conditions; and
Addendum b) must be paid in pounds sterling by cheque or by bankers
An amendment or addition to the conditions or to the particulars, or to both, Transfer draft made payable to Pearsons Southern Ltd on an approved
whether contained in a supplement to the catalogue, a written notice from the Transfer includes a conveyance or assignment (and “to transfer” includes “to financial institution. The extra auction conduct conditions
auctioneers or an oral announcement at the auction. convey” or “to assign”). may state if we can accept any other form of payment.
Agreed completion date TUPE A5.6 We may retain the sale memorandum signed by or on behalf of the
Subject to condition G9.3: The Transfer of Undertakings (Protection of Employment) Regulations 2006. seller until the deposit has been received in cleared funds.
a) the date specified in the special conditions; or
b) if no date is specified, 20 business days after the contract date; VAT A5.7 If the buyer does not comply with its obligations under the contract
but if that date is not a business day the first subsequent business Value Added Tax or tax of a similar nature. then:
day. a) you are personally liable to buy the lot even if you are acting as
VAT option agent; and
Approved financial institution An option to tax b) you must indemnify the seller in respect of any loss the seller
Any bank or building society that has signed up to the Banking Code or incurs as a result of the buyer’s default.
Business Banking Code or is otherwise acceptable to the auctioneers. We (and us and our)
The auctioneers A5.8 Where the buyer is a company you warrant that the buyer is
Arrears properly constituted and able to buy the lot.
Arrears of rent and other sums due under the tenancies and still outstanding You (and your)
on the actual completion date. Someone who has a copy of the catalogue or who attends or bids at the A6. Extra Auction Conduct Conditions
auction, whether or not a buyer.
Arrears Schedule A6.1 Despite any special conditions to the contrary the minimum
The arrears schedule (if any) forming part of the special conditions. Auction conduct conditions deposit we will accept is £3,000 (or the total price, if less). A special
condition may, however, require a higher minimum deposit.
Auction A1. Introduction
The auction advertised in the catalogue. General conditions of sale
A1.1 Words in bold blue type have special meanings which are defined in
Auction conduct conditions the Glossary. Words in bold blue type have special meanings, which are defined in the
The conditions so headed, including any extra auction conduct conditions. Glossary.
A1.2 The catalogue is issued only on the basis that you accept these
Auctioneers auction conduct conditions. They govern our relationship with These general conditions (including any extra general conditions) apply to the
The auctioneers at the auction. you and cannot be disapplied or varied by the sale conditions (even contract except to the extent that they are varied by special conditions or
by a condition purporting to replace the whole of the Common by an addendum.
Business day Auction Conditions). They can be varied only if we agree.
Any day except (a) a Saturday or a Sunday; (b) a bank holiday in England and
Wales; or (c) Good Friday or Christmas Day. A2. Our role G1. The lot
Buyer A2.1 As agents for each seller we have authority to: G1.1 The lot (including any rights to be granted or reserved, and any
The person who agrees to buy the lot or, if applicable, that person’s personal a) prepare the catalogue from information supplied by or on exclusions from it) is described in the special conditions, or if not
representatives: if two or more are jointly the buyer their obligations can be behalf of each seller; so described the lot is that referred to in the sale memorandum.
enforced against them jointly or against each of them separately. b) offer each lot for sale;
c) sell each lot; G1.2 The lot is sold subject to any tenancies disclosed by the special
Catalogue d) receive and hold deposits; conditions, but otherwise with vacant possession on completion.
The catalogue to which the conditions refer including any supplement to it. e) sign each sale memorandum; and
f) treat a contract as repudiated if the buyer fails to sign a sale G1.3 The lot is sold subject to all matters contained or referred to in
Completion memorandum or pay a deposit as required by these auction the documents, but excluding any financial charges; these the
Unless otherwise agreed between the seller and buyer (or their conveyancers) conduct conditions. seller must discharge on or before completion.
the occasion when both seller and buyer have complied with their obligations
under the contract and the balance of the price is unconditionally received in A2.2 Our decision on the conduct of the auction is final G1.4 The lot is also sold subject to such of the following as may affect it,
the seller’s conveyancer’s client account. whether they arise before or after the contract date and whether or
A2.3 We may cancel the auction, or alter the order in which lots are not they are disclosed by the seller or are apparent from inspection
Condition offered for sale. We may also combine or divide lots. A lot may be of the lot or from the documents:
One of the auction conduct conditions or sales conditions. sold or withdrawn from sale prior to the auction. a) matters registered or capable of registration as local land
charges;
Contract A2.4 You acknowledge that to the extent permitted by law we owe you no b) matters registered or capable of registration by any competent
The contract by which the seller agrees to sell and the buyer agrees to buy duty of care and you have no claim against us for any loss. authority or under the provisions of any statute;
the lot. c) notices, orders, demands proposals and requirements of any
A3. Bidding and reserve prices competent authority;
Contract date d) charges, notices, orders restrictions agreements and other
The date of the auction or, if the lot is not sold at the auction; A3.1 All bids are to be made in pounds sterling exclusive of any matters relating to town and country planning, highways or
a) the date the sale memorandum is signed by both the seller and the applicable VAT. public health;
buyer; or e) rights, easements, quasi-easements and wayleaves;
b) if contracts are exchanged, the date of exchange. If the exchange is A3.2 We may refuse to accept a bid. We do not have to explain why. f) outgoings and other liabilities;
not effected in person or by an irrevocable agreement to exchange g) any interest which overrides, within the meaning of the Land
made by telephone, fax or electronic mail the date of exchange A3.3 If there is a dispute over bidding we are entitled to resolve it, and Registration Act 2002;
is the date on which both parts have been signed and posted or our decision is final. h) matters that ought to be disclosed by the searches and enquiries
otherwise placed beyond normal retrieval. a prudent buyer would make, whether or not the buyer has made
A3.4 Unless stated otherwise each lot is subject to a reserve price (which them; and
Documents may be fixed just before the lot is offered for sale). If no bid equals i) anything the seller does not and could not reasonably know about.
Documents of title (including, if title is registered, the entries on the register or exceeds that reserve price the lot will be withdrawn from the
and the title plan) and other documents listed or referred to in the special auction.
conditions relating to the lot.You can also read
