04/03/2020 10:04...£250m of gva per year and leverage more than £150m of private sector...
TRANSCRIPT
Now is the perfect time to...
auctions
Venmore Property Auction1pm Tuesday 7th April 2020
Council Chambers, Liverpool Town Hall, High Street, Liverpool, L2 3SW
For all enquiries 0151 236 6746
www.venmoreauctions.co.uk
Read full story inside page 2
480 acres ofemployment land
04/03/2020 10:04
2
Now, is the perfect time to...
Episode #2: Halton
Halton is one of the six boroughs that make up the Liverpool City Region (LCR). Situated in the economic triangle formed by Liverpool, Manchester and Chester, Halton encompasses two major industrial towns, Runcorn and Widnes, as well as several smaller towns such as Moore and Daresbury. Its strategic position and infrastructure assets make Halton an ideal base for the global network of advanced manufacturing, engineering and logistics businesses located here. In 2021, it will take over as the Liverpool City Region’s Borough of Culture.
This year will see the examination of the Halton Local Plan by the government which, if approved, will set the direction for the development and regeneration of Halton over the next two decades. The plan calls for the delivery of 8050 additional homes, over 9000 square metres of retail floorspace, over 5000 square metres of retail warehousing and at least 480 acres of land for employment purposes and to support growing sectors such as logistics, distribution and advanced manufacturing.
The Halton Local Plan also called for two new rail stations, three new schools and an extension of Liverpool John Lennon Airport runway. The airport, which is already a significant driver of prosperity in the LCR, supports 6000 jobs and generates an estimated £250 million in GVA each year. A runway extension would facilitate additional long-haul services to destinations in North America, the Middle East and the Far East, opening up significant new business, tourism and economic opportunities as a result.
The plan also earmarked existing sites for further development including Sci-Tech Daresbury. As one of only two National
Science and Innovation Campuses in the UK, Sci-Tech Daresbury offers a unique environment for high-tech businesses to innovate and grow. There are currently 1300 people in 150 businesses based at the site – including start-ups, blue-chips and everything in between. However, over the next 20 years, Sci-Tech Daresbury is expected to create an additional 10,000 high-value jobs, develop over 1 million square feet of specialised office, lab and technical space, generate over £250m of GVA per year and leverage more than £150m of private sector investment.
Meanwhile, the ambitious Mersey Gateway Regeneration Plan has the potential to deliver 20,000 jobs, 3000 homes, and 200 hectares of employment land. The £1.86bn six-lane Mersey Gateway Bridge is the centrepiece of the project. It opened in 2017 and spans 1000m across the River Mersey, connecting Halton towns, Runcorn and Widnes. By 2030, it is expected to contribute over £60m to the local economy every year. However, the bridge is just one part of a much wider scheme that has significantly improved the entire city region’s road connectivity. 9km of new roads, 7 new junctions and 12 new bridges have been constructed.
Ultimately, the transformation and economic growth that Halton has seen in recent years looks set to continue. The expansion of key sectors including advanced manufacturing and logistics is creating thousands of jobs and attracting inward investment. At the same time, projects such as the Mersey Gateway are boosting commercial confidence in the area and unlocking significant development opportunities within Halton, LCR and beyond. Clearly a city on the up, now is the time to Buy into Liverpool.
Front cover image of Sci-Tech Daresbury. Licensed under CC BY-SA 2.0
Throughout 2020, our catalogue series will take a closer look at investment in each of the Liverpool City Region districts.
Mersey Gateway Bridge
150 high-tech businesses in Sci-Tech Daresbusry
04/03/2020 10:04
3
Meet The Team: We know this City, ask us about Investment Opportunities
Price Information*Guide prices are provided as an indication of each seller's minimumexpectation. They are not necessarily figures which a property will sellfor and may change at any time prior to the auction. Each propertywill be offered subject to a Reserve price (a figure below which theAuctioneer cannot sell the property during the auction) which weexpect will be set within the Guide Range or no more than 10% abovea single figure Guide.
Reserve price is the seller’s minimum acceptable price at auction andthe figure below which the auctioneer cannot sell. The reserve price isnot disclosed and remains confidential between the seller and theauctioneer. Both the guide price and the reserve price can be subjectto change up to and including the day of the auction.
A Quick Guide to AuctionsBefore the AuctionWe would advise that the majority ofauction properties can be inspected prior to the auction date.Viewing can be made by contacting the Auction Team on 0151236 6746. Each lot is sold subject to the conditions of sale asprinted in this catalogue and contained within the Contract. Wewould recommend you seek legal advice if you are in any doubtas to the content of these conditions.
If you are interested in bidding for a lot, we suggest that you passa copy of this catalogue to your Solicitor who can then start thenecessary legal enquiries. As you will enter into a binding contractwith the fall of the hammer and pay a non-refundable deposit,your financial arrangements should be made in advance.
In the event that you are unable to attend the Auction it ispossible to bid by telephone or proxy and further details can beobtained from Venmore Auctions. All bidders who cannot attendon the date must register their telephone or proxy bid by 10amon the day of the auction. A guide price is provided for each lot.This is intended purely as an indication of the suggested value areserve price is set for each property and this figure is notdisclosed to the public prior to the auction date. Sometimes aproperty may be sold prior to auction, postponed or withdrawn.We advise that you check our website or telephone the auctiondepartment on the morning of the Auction to confirm that thelot(s) you are interested in are included in the sale.
On Auction Day An auction addendum sheet will be madeavailable on our website and on the day of auction. We wouldadvise all interested parties check the addendum for any
variations to the property they are bidding on. Legal packs foreach property will be available on our website prior to the auctionand are also available in the auction room for inspection. Therewill also be solicitors in attendance at the auction if you have anyqueries on the legal packs. You do not need to pre-register toattend the auction, however if you are intending on bidding on alot(s), you will need to bring with you 2 forms of identification,details of your solicitors and your 10% Deposit and Buyers feewhich can be paid by card, cheque, bankers draft or cash.
Auction Fees Each lot is subject to a Buyer’s Administration Feeof 1% + VAT of sale price, subject to a minimum £1250 + VAT,payable on the fall of the hammer. The purchase of any propertymay include associated fees not listed here. Any additional feeswill be implemented by the sellers solicitors and confirmed in thelegal pack which can be downloaded for free from our websiteprior to the auction.
We are now accepting instructions for our 20th May 2020Auction Closing date 24th April 2020
Call us: 0151 236 6746
Ronan ConnollyDirector
James DelamereSenior Sales Negotiator
Helen WilsonAdministration [email protected]
Adam PartridgeAuctioneer
Nicola RandlesBusiness Development Manager
Leon KearneySales Negotiator
4
Notice toprospective buyers
1. PARTICULARS OF SALE
1.1 It is your responsibility to check the following matters
in respect of each Lot you are interested in before the
Auction:
• All measurements & Areas
• Description & Location
• Lease & Occupiers Details
• Fixtures & Fittings
• Contamination & Structure
1.2 You are advised to check the above matters by:
• Inspection
• Survey
• Enquiry
• Searches
2. CONDITIONS OF SALE
2.1 If you are the successful Bidder of any Lot you will,
from the moment that the Auctioneers gavel falls, become
legally bound by the conditions of sale in relation to that
lot.
2.2 It is assumed that you have read and considered the
conditions of sale and any other relevant documents and
that you have taken professional advice before bidding.
2.3 The conditions of sale consist of the following:
• ThisNotice to Prospective Buyers
• TheCommonAuctionConditionsas printed at the
back of the catalogue
• TheSpecialConditionsofSale for each lot (available
at the Auctioneers offices or online)
• AnyAddendum relating to the Lot
3. LIABILITY OF BIDDER
3.1 If you bid at Auction, you will be personally liable in
respect of any accepted bid. This will be the case if you
bid as agent or other representative for another party
3.2 If you bid as agent or representative then you and the
person or organisation on whose behalf you have bid will
be jointly and severally liable under the contract of sale.
4. ANTIMONEY LAUNDERING REGULATIONS 20174.1 In line with above regulations, we are duty bound to
carry out the following on eveyone who offers, bids or
buys at auction:
a) due diligence on all of our clients to confirm their
identity. To do this we will require sight of documents
that prove your name and address. These need to be
the original documents or certified copies. This can be a
valid Passport Driving Licence and a proof of address
document dated within the last 3 months ie valid Driving
Licence (ifnot being used to evdience Proof of ID), utility
bill (not mobile phone) or a letter from the Tax Office of
Bank. In the case of multiple ownership, all parties would
need to provide the relevant documentation.
b) determine whether our clients, family members, or
close known associates are Politically Exposed Persons
(PEPs). In order to do this we require a PEP Declaration
to be completed by all clients. Please see the PEP
Declaration for full details.
4.2 If you intend to bid by Telephone Proxy bid - we
will require this information before the day of the
auction. If we do not receive Certified ID and the
completed PEP declaration, we will be unable to bid on
your behalf at auction. If you are going to attend to bid
in the auction room, please bring all items with you on
the day, to show our team when you register. Please
see the Money Laundering Notice and egistration
form.
4.3 If you are a successful bidder we carry out further
checks on an electronic verification system. This
system allows us to verify you from basic details using
electronic data, however, it is not a credit check of any
kind so will have no effect on you or your credit history.
You understand that we will undertake a search with
Experian for the purposes of verifying your identity. To
do so Experian may check the details you supply
against any particulars on any database (public or
otherwise) to which they have access. They may also
use your details in the future to assist other companies
for verification purposes. A record of the search will be
retained.
5. ORDER OF SALE, SALES PRIOR TO AUCTION
AND WITHDRAWN LOTS
5.1 Lots will be offered for sale at the auction in
accordance with the order of sale, printed hereafter. An
announcement will be made regarding all lots that have
been sold prior or withdrawn from sale.
5.2 The Auctioneers have the right to sell or to withdrawn
lots without giving reasons at any time before the sale
begins
5.3 You should contact the Auctioneers before the auction
to check whether lots have been sold prior or withdrawn.
5.4 Neither the Auctioneers nor the Seller will have any
responsibility towards you in relation to any loss or wasted
costs that you may incur in respect of lots sold prior or
withdrawn.
6. GUIDE PRICES AND RESERVES
6.1 The guide prices are listed in the catalogue, this is
purely an estimate of the price that the auctioneers
considers the lot might be sold for. It is your responsibility
to decide how much you should bid for any lot.
6.2 The Auctioneers have not carried out valuations for
any of the lots to be offered for sale at the auction.
6.3 You are strongly advised to consult your own
professional advisors regarding the value of any lot.
6.4 The reserve price for any lot might exceed or be
lower than the guide price quoted at any time for that
lot.
6.5 The majority of lots will be offered for sale subject to
a reserve price. Any exceptions will be announced on the
day of the auction
7. PROCEDURES
7.1 When a lot is knocked down to you by the auctioneer,
a legally binding contract is immediately created. The
terms of the contract will be those set out in the conditions
of sale referred to above.
7.2 After the lot is knocked down to you, you must give
your details, including your name, address, and solicitors
name and address and produce identification such as a
driver’s license or passport.
7.3 If you do not give your details when requested or pay
the deposit, the auctioneers have the right to reoffer the
lot for sale and to treat you as being in breach of contract.
Even if the lot is re-offered for sale, the Seller might have
a legal right or action against you for the breach of
contract.
7.4 The lot will be at your risk from the moment it is
knocked down to you by the auctioneers which means
that you should immediately arrange for it to be insured.
If this is not the case, it should be made clear in the
special conditions of sale for that lot.
8. DEPOSIT
8.1 If a lot is knocked down to you must pay the
deposit, which is usually 10% of the sale price subject to
a minimum of £2,000. The amount of the deposit might
be altered by the special conditions of sale for the lot so
you should check them carefully before the auction. You
will also be required to pay a non-refundable Buyer’s
Fee of 1% + Vat (1.2% incl of VAT) subject to a minimum
of £1,250 + Vat ( £1,500 incl of VAT), unless specified
differently in sales particulars. This may vary and will be
noted within the Sales Particulars or on the addendum
issued on day of auction. You will be expected to
complete the transaction in 28 days.
8.2 Cheques for the deposit are acceptable unless
otherwise stated. Bankers Drafts, Building Society
Cheques and Solicitors Client accounts cheques are also
acceptable.
8.3 We can accept payment for the deposit and buyers
fees by Credit or Debit Card.
8.4 Deposit cheques are accepted on the basis that there
are adequate cleared funds in the account upon which
the cheque is drawn. The Seller may take action against
you if your cheque is not honoured on first presentation.
You are therefore strongly advised to ensure there are
adequate funds available in the account to meet any
deposit cheque(s) that are drawn as a result of the
auction.
8.5 All deposit cheques should be made payable to
Venmore Auctions, unless the special conditions of sale
state otherwise
9. PROXY & TELEPHONE BIDDING
9.1 If you are unable to attend the auction you may be
able to bid by proxy or telephone.
9.2 If this is the case, you will need to complete the re-
gistration form printed towards the back of the catalogue
and send it to the auctioneers with your deposit before
the auction.
9.3 If you bid by proxy or telephone, you will be legally
bound by the terms and conditions printed at the back
of the catalogue.
10. LEGAL PACKS
10.1 Legal packs are available Online and at the
auctioneers offices prior to auction, however please make
contact to check whether they are available.
10.2 The legal packs will be available for inspection by
prospective buyers or their legally representatives
approximately 2 hours before the commencement of the
sale in the auction room.
10.3 If you require copies of the legal pack for a particular
lot please contact the Auction team on 0151 236 6746
or go online to www.venmoreauctions.co.uk
10. KEYS
10.1 Potential buyers wishing to inspect the property
prior to auction must do so by arrangement with the
auctioneer’s offices.
10.1 The successful purchaser will not be entitled to keys
or access to vacant properties until the completion of the
sale (28 days after exchange of contracts). If access is
required it may be arranged through our offices with the
permission of the seller or the seller’s solicitor.
“I was very pleasedwith the service, somuch so I’m hopingto buy from Venmoreauctions in the near
future!”
David Appleton
“The auction staffwere helpful, efficientand very pleasant todeal with. Would
definitelyrecommend”.
Philip Norman
“I was reallyimpressed with their
attitude andefficiency. Buyingwas a smooth and
easy process. If I everneed to buy or sell a
property in thefuture, Venmore
auctions will be myfirst port of call”
Lee McGuigan
5
Order of Lots 48 LotsLot Address Guide Price*
The city is changing...
Fundraising - 2 Signed Liverpool Football Shirts
23 Stonehill Street, Liverpool, L4 2QA £40,000 Plus
13 Rydal Street, Liverpool, L5 6QP £50,000 - £55,000
6 Walton Vale, Liverpool, L9 2BU £55,000 Plus
15 Arnold Grove, Liverpool, L15 8HP £55,000 Plus
14 Stonehill Street, Liverpool, L4 2QB £40,000 Plus
13 Brookland Lane, St. Helens, WA9 3RZ £40,000 Plus
165 Rice Lane, Liverpool, L9 1AF £50,000 Plus
39 Cedar Grove, Toxteth, Liverpool, L8 0SN £70,000 Plus
44 Lynsted Road, Liverpool, L14 0NT £60,000 Plus
10 Scarisbrick Place, Liverpool, L11 7DJ £70,000 Plus
22 Cinder Lane, Bootle, L20 6DP £45,000 Plus
161 Westminster Road, Liverpool, L4 4LR £60,000 Plus
76 Hawkins Street, Liverpool, L6 6BZ £35,000 Plus
44 Baltic Studios, 7 Bridgewater Street, Liverpool, L1 0AS £40,000 Plus
15 Lea Road, Wallasey, CH44 0DT £70,000 Plus
21 Garmoyle Road, Liverpool, L15 3HN £100,000 Plus
157 Paterson Street, Birkenhead, CH41 4BQ £50,000 Plus
254 Litherland Road, Bootle, L20 5EH £40,000 - £45,000
28 Inman Road, Liverpool, L21 8NB £70,000 Plus
The North Star Public House, 294 Laird Street, Birkenhead, CH41 8ER £350,000-£375,000
33 Rodney Street, Birkenhead, CH41 2RG £45,000 Plus
129 Paterson Street, Birkenhead, CH41 4BQ £50,000 Plus
18 St. Andrew Road, Liverpool, L4 2RJ £50,000 - £55,000
Land at 2 Singleton Avenue, Birkenhead, CH42 9JH £80,000 - £90,000
Land Adjacent to 18 Oak Avenue, Wirral, CH49 4NL £400,000 Plus
Land at 8-10 Hill Grove, Wirral, CH46 0SA £90,000 - £100,000
48 Derwent Road East, Liverpool, L13 6QR £70,000-£80,000
1-11 Liscard Village, Capitol Buildings, Wallasey, CH45 4JG £475,000 Plus
28 St. Andrew Road, Liverpool, L4 2RJ £55,000 Plus
35 Tattersall Road, Liverpool, L21 2PJ £65,000 Plus
42 Oakfield Road, Walton, Liverpool, L4 2QF £45,000 - £50,000
161 Hebden Road, Liverpool, L11 9AN £60,000 Plus
18 Harrowby Road, Birkenhead, CH42 7HU £35,000 - £40,000
57 Bala Street, Liverpool, L4 2QN £30,000 Plus
2 & 4 Brooks Alley, Liverpool, L1 3DZ £375,000 Plus
17 Ascot Avenue, Liverpool, L21 2PS £80,000 Plus
91 Halton Brow, Halton, Runcorn, WA7 2EJ £70,000 Plus
45 Ampulla Road, Liverpool, L11 4RJ £50,000 - £55,000
Flat 11, Liege House, Manorside Close, Wirral, CH49 4PP £35,000 Plus
31 Violet Road, Liverpool, L21 6NY £45,000 Plus
Flat 1b, 40-42 Sydenham Avenue, Liverpool, L17 3AX £60,000 - £65,000
119 Picton Road, Wavertree, Liverpool, L15 4LF £115,000 Plus
36 Castle Street, Birkenhead, CH41 5ES £60,000 Plus
40 Leopold Road, Kensington, Liverpool, L7 8SP £110,000 Plus
385 Walton Breck Road, Liverpool, L4 2RN £140,000 - £160,000
Apt. 14, 24 Fenwick Street, Liverpool, L2 7NE £55,000 Plus
28 Ruskin Street, Liverpool, L4 3SH £45,000 Plus
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All New & Long Standing Regular ClientsMust Read:
Due to changes in Money Laundering regulations andLegislation which came into force on Monday 26th June2017, we are required by law to verify the identity &address of everyone who offers, bids or buys at auction,regardless of any long-standing relationships you mayhave with Venmore Auctions.
We require one item from both List A and List B below.We cannot accept scanned copies and must have eitherfirst hand sight of the original documents, or they willneed to be copies certified by a professionally recognisedindividual. A list of suitable options are available below.
We are also required to determine whether our clients,family members, or close known associates are PoliticallyExposed Persons (PEPs). In order to do this we require aPEP Delcaration to be completed by all clients.
If you intend to bid by Telephone / Proxy bid – we willrequire this information before the day of the auction.If we do not receive Certified ID and completed PEPDeclaration, we will be unable to bid on your behalf atauction.
If you are going to attend to bid in the auction room,please bring all items with you on the day, to show ourteam when you register. Failure to bring these with youon the day will result in us not being able to sell theproperty to you by law and it will be re-offered to theroom.
If you are a successful bidder we carry out further checkson an electronic verification system. This system allowsus to verify you from basic details using electronic data,however, it is not a credit check of any kind so will haveno effect on you or your credit history. You understandthat we will undertake a search with Experian for thepurposes of verifying your identity. To do so Experianmay check the details you supply against any particularson any database ( public or otherwise) to which theyhave access. They may also use your details in the futureto assist other companies for verification purposes. A
record of the search will be retained.
If bidding on behalf of a company, and if successful, youwill also need to show a copy of the Certificate ofIncorporation and a letter of authority on companyletterheaded paper, signed by a company director priorto signing the contract.
You will be able to have your two forms of identificationverified using one of the following options
Option 1 – Come to any of our offices with originals andwe’ll certify them
Option 2 – Solicitor, bank, accountant or otherprofessional body certifies them and directly forwardsthem to us as [email protected]
Option 3 – Post office can verify up to 3 x forms of IDfor £10.50
Below is a list of acceptable ID
List A – Photographic evidence of identity• Current signed Passport• Current full UK/EU photo card driving licence• Valid ID card (eg, HM Forces, police warrant, prison
officer card, government / local authority issued card• Firearm or shotgun certificate• Resident permit issued by the Home Office to EU
Nationals
List B – Evidence of Residence• Current full UK/EU photo card driving licence (if not
used to prove identity)• Utility bill issued in last three months (not mobile
phone)• Recent bank / building society / mortgage / credit
card statement• Current house / motor insurance certificate• Revenue & Customs tax notification• Recent council tax bill
Money Laundering
7
Anti Money Laundering Registration and Identification Form
Please complete this form in full and using BLOCK CAPITALS and provide 2 forms of identification, one from both ListA and List B below.
If buying or selling on behalf of a company, you will also need to show a copy of the Certificate of Incorporation anda letter of authority on company letterheaded paper, signed by a company director prior to signing the contract.
Please note that the information that you provide on this form and the identification documentation that isrequested are required under the 4th Directive of the Money Laundering Regulations for identification andsecurity purposes. We will retain this information for a minimum of 5 years from the date of this form. Thedetails may also be supplied to other parties if we are legally required to do so.
Company Name (if applicable):
First Name (s):
Surname: D.O.B.
Address:
Postcode: Tel No:
Mobile No: Email:
* Please return this form to Venmore Auctions, 9 Dale St, Liverpool, L2 2SH or to the Registration Desk if on day of auction
PLEASE NOTE IF WE DO NOT HAVE SIGHT OF THE RELEVANT DOCUMENTS – WE WILL BE UNABLETO COMPLETE THE REGISTRATION PROCESS AND YOU WILL BE UNABLE TO BID
FOR VENMORE AUCTION OFFICE USE ONLY: Identification documentation seen (one from each list)
List A – Evidence of Identity
Tick Document Ref No:
Current signed passport
Current full Driving licence photocard
Valid ID card (HM Forces, police warrant / prison officer card etc)
Firearm / Shotgun certificate
Resident permit
List B – Evidence of Address
Tick Document Ref No:
Driving licence (if not being used for ID)
Revenue & Customs tax notification (current yr)
Bank statement / Utility bill (within 3 months and not mobile phone)
Current house / motor insurance certificate
Recent council tax bill / council rent book
Signed for Venmore Auctions: Date:
Name:
� Very Low � � Low � � Medium � � High � � Very High �
Supporting Notes:
LEVEL OF RISK POSED:
8
Politically Exposed Persons (PEPs) Questionnaire
We are required to check if you, or anyone connected with you, might be a ‘Politically Exposed Person’ (known as aPEP). If so, we have to carry out enhanced anti-money laundering checks. Please answer the questions below and ifnecessary, add any explanations where prompted.
Name
Have you ever been entrusted with a ‘Prominent Public Function’?Consider the notes below, then delete as applicable Yes / No
Answer ‘Yes’ if now or in the recent past (certainly in the last 12 months) you have held any of theseroles, in any country:
− Member of Parliament− Member of the governing body of a political party− Appeal court judge− Member of the court of auditors or the board of a central bank− Diplomat or high-ranking officer in the armed forces− Member of the administrative, management or supervisory body of a State-owned enterprise− Senior officer or director of an international organisation− Head of state, head of government, minister or deputy or assistant minister
Does a member of your family hold such a function?Consider the notes below, then delete as applicable Yes / No
Answer ‘Yes’ if any of the following hold any of the roles listed above:− Your spouse / civil partner− Your parents, or the parents of your spouse / civil partner− Your children
Does a close associate of yours hold such a function?Consider the notes below, then delete as applicable Yes / No
Answer ‘Yes’ if any of the following hold any of the roles listed above:− Someone with whom you have close business relations− Someone with whom you have joint beneficial ownership of a legal entity or a legal arrangement
(like a company / trust)− Someone for whose benefit a legal entity or a legal arrangement has been set up, in response of
which you have sole ownership
If you have answered ‘Yes’ to any of the questions above, please give details below:
Signed: Date:
9
Best Sells from previous auction
Guide Price £85,000 Plus266 Anfield Road, L4
SOLD FOR£122,000
Guide Price £50,000 Plus 28 Tiverton Street, L15
SOLD FOR£86,000
Guide Price £45,000 Plus 25 Day Street, L13
SOLD FOR£65,000
Guide Price £35,000 Plus 21 Althorp Road Road, L8
SOLD FOR£70,000
Guide Price £55,000 Plus 60 Anthorn Road, WN3
SOLD FOR£79,500
Guide Price £80,000 Plus 43 Moss Delph Lane, L39
SOLD FOR£108,000
upcomingAuctionDATES
20th May 2020
15th July 2020
9th September 2020
Thinking ofselling aproperty atAuction?
Book your FREEProperty Valuation
TODAY
0151 236 [email protected]
Questions?Talk to the team,
they will be happy toanswer any questionsyou may have aboutbuying or selling aproperty at Auction.
Now taking
instructions
for our
May 2020
auction.
10
Previous Auction Results 12th February 2020
* Please refer to page 3
Lot Address Guide Price*
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87%SOLD
19 Utting Avenue, Liverpool, L4 7UN SOLD PRIOR
92 Hartington Road, Toxteth, Liverpool, L8 0SH SOLD PRIOR
6 Walton Vale, Liverpool, L9 2BU POSTPONED
13 Brookland Lane, St. Helens, WA9 3RZ AVAILABLE
25 Day Street, Liverpool, L13 2DS SOLD
13 Attwood Street, Liverpool, L4 0RJ WITHDRAWN
15-17 Market Street, Leigh, WN7 1DR AVAILABLE
183-185 Rawson Road, Seaforth, Liverpool, L21 1HN SOLD
58 Market Street, Birkenhead, CH41 5BT SOLD
Flat 2, 53 Ullet Road, Liverpool, L17 2AA SOLD
24 Moore Avenue, Birkenhead, CH42 4QT SOLD LATER
60 Anthorn Road, Wigan, WN3 6UF SOLD
13 Poplar Grove, Liverpool, L21 1BR AVAILABLE
138 Park Road North , Birkenhead, CH41 8AB SOLD
41 Church Road, Walton, Liverpool, L4 5TX SOLD PRIOR
11 Selina Road, Liverpool, L4 5RD SOLD LATER
5 Claughton Street, St. Helens, WA10 1RR SOLD PRIOR
122 - 124 Derby Lane, Liverpool, L13 3DW WITHDRAWN
55 Hawthorne Road, Bootle, L20 2DQ SOLD
84 Bancroft Road, Widnes, WA8 3LR SOLD PRIOR
Flat 1, 77 Wellington Avenue, Liverpool, L15 0EH AVAILABLE
42 Oxford Road, Huyton, Liverpool, L36 1XQ SOLD
2 Oak Leigh, Liverpool, L13 7EW POSTPONED
89 Lowbridge Court, Garston, Liverpool, L19 2JT SOLD LATER
Land adjacent to 60 Kremlin Drive, Liverpool, L13 7BZ SOLD PRIOR
Apt. 14, 24 Fenwick Street, Liverpool, L2 7NE POSTPONED
159 Worcester Road, Bootle, L20 9AE SOLD
43 Moss Delph Lane, Aughton, Ormskirk, L39 5DY SOLD
67 Bardsay Road, Liverpool, L4 5SQ SOLD
95 - 99 Brighton Street, Wallasey, CH44 6QL WITHDRAWN
28 Tiverton Street, Liverpool, L15 4LS SOLD
21 Althorp Street, Liverpool, L8 4RS SOLD
80 Briardale Road, Birkenhead, CH42 9NF SOLD PRIOR
2 Primrose Court, Liverpool, L36 8DH WITHDRAWN
22 St. Andrew Road, Liverpool, L4 2RJ SOLD
266 Anfield Road, Liverpool, L4 0TJ SOLD
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1Going under the hammer:
2 Signed Liverpool Football Shirts
Gini Wjinaldum and TrentAlexander Arnold arehelping to support theunder 14’s St AnselmRugby Team raise fundsso that they can enter &travel to a tournament inEurope. St Anselm are oneof most successful teamsin the North-West ofEngland.
We have one signed shirtfrom each player and willauction the shirtsseparately before theauction begins.
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2Guide Price* £40,000 Plus
RESIDENTIAL 23 Stonehill Street, Liverpool, L4 2QA
DescriptionA vacant two bedroom middle terrace property that has only recentlybecome vacant. The property is in average order throughout havingbeen refurbished some years ago to include bathroom, fitted kitchen,central heating and double glazing, but does need some minor repairsand redecorated throughout prior to re-letting.
AccommodationGround Floor: Entrance hall, lounge, kitchen, bathroomFirst Floor: Two bedroomsOutside: Yard to the rear
LocationSituated off Oakfield Road within walking distance to Anfield FootballStadium in a popular residential area approximately 3 miles fromLiverpool City Centre.
Why Buy• Popular rental location • Close to Anfield regeneration• Recently become vacant • Double glazing and central heating
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3Guide Price* £50,000 - £55,00013 Rydal Street, Liverpool, L5 6QP RESIDENTIAL
DescriptionThis is a large 3 bedroom mid terrace house that requires minor updating anddecoration prior to letting. The property benefits from double glazing, centralheating and an en-suite bedroom. Ideal as a rental investment.
AccommodationGround floor: Entrance hall, front reception, dining room, kitchen, bathroomFirst floor: 3 x Bedrooms – one of which is en-suiteOutside: Yard to rear, on-street parking to front
LocationBest accessed via Thirlmere Road, the property is located within a highlypopular residential area. Nearby is the famous Anfield Stadium ofLiverpool Football Club. Also within the area is a variety of localamenities, including local eateries and shops. The property is a >10minute drive from the City Centre.
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4Guide Price* £55,000 Plus6 Walton Vale, Liverpool, L9 2BU MIXED-USE INVESTMENT
DescriptionThis is a good size two stored corner property that is configured toprovide a ground floor convenience store with a flat to the upper floor.The property is currently let on a lease at £500pcm/£6,000pa. The flatbenefits from a private entrance on Chapel Avenue. We are advisedthat the ATM generates approximately £130 - £150 per month incommission.
AccommodationRetail unit: Shop floor, customer counter, store, wcFirst floor: shower room, Open plan kitchen, living room/ bedroomOutside: Yard to rear, parking to front & sideVenmores have not carried out an internal inspection and all details havebeen supplied by the Vendor.
LocationLocated on the bustling Walton Vale which is a main thoroughfare fromnorth Liverpool to the city centre, This provides any commercial unit thepassing footfall it requires to flourish as a small business. By situating onWalton vale, the flat provides close proximity to local shops bars andamenities. The city centre is located just a 15 minute drive away..
Why Buy• 3 x Bedrooms • Popular rental area• En-suite bedroom • Requires minor updating
Why Buy• orner retail unit • Potential to add valu• Flat above with private entrance • Currently let at £6,000pa
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5Guide Price* £55,000 Plus
RESIDENTIAL 15 Arnold Grove, Liverpool, L15 8HP
DescriptionThis is a nice sized 2 bedroom end-terrace house that is in need of somemodernisation prior to occupation. The property benefits from doubleglazing & central heating. Ideal as a rental investment or to re-sell as afirst time buyer home.
AccommodationGround floor: Living room, kitchen, bathroomFirst floor: 2 x bedroomsOutside: Yard to rear, on-street parking to front
LocationBest accessed from Frederick Grove via High Street, the property islocated in the heart of Wavertree. The road itself is a highly popularresidential cul-de-sac. Close by you can find numerous local amenities,including but not limited to pubs/restaurants and other local eateriesand shops.
Why Buy• 2 x Bedrooms • Quiet cul-de-sac location• Double glazing & central heating • Popular rental area• Potential to add value
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6Guide Price* £40,000 Plus
INVESTMENT 14 Stonehill Street, Liverpool, L4 2QB
DescriptionA traditional two-bedroom mid terraced property in popular L4 rentalpostcode. Currently Let on a rolling contract at a rental income of£4,200pa. Following a small scheme of renovation, rental income couldincrease to £5,100 - £5,400pa.
AccommodationGround Floor: Entrance hall, lounge, kitchen, bathroomFirst Floor: Two bedroomsOutside: Yard to the rearNB - Venmores have not carried out an internal inspection
LocationGood location in a popular residential area in Wallasey within easywalking distance of shops and public transport access. Seacombe Ferryis within walking distance for easy access to Liverpool City Centre andNew Brighton with cinema’s, bars, restaurants and shops a 5 minutedrive away.
Why Buy• Popular rental location• Long standing tenant on rolling contract• Potential to increase rental income to circa £5,100 - £5,400pcm• Double glazing and central heating
Joint Agent
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7Guide Price* £40,000 Plus13 Brookland Lane, St. Helens, WA9 3RZ RESIDENTIAL
DescriptionA three bedroom mid-terrace property vacant and in need of refurbishmentprior to letting. The property benefits from double glazing, central heating,front and rear gardens. Ideal as a rental investment once works have beencompleted.
AccommodationGround Floor: Entrance hall, Living/dining room, kitchenFirst Floor: 3 Bedrooms, bathroom/WCOutside: Good size rear garden
LocationSituated off Berrys Lane approximately 1 mile east of St Helens towncentre.
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8Guide Price* £50,000 Plus165 Rice Lane, Liverpool, L9 1AF DEVELOPMENT OPPORTUNITY
DescriptionThis is a deceptively large mid terrace property that is back to shell andhas current planning permission for conversion to 4 x self-containedflats. The planning is for 2 x one bedroom units and 2 x studio units. Theproperty is in need of extension and a full scheme of remodelling andrefurbishment. If each unit was let at £400pcm/£4,800pa the totalpotential income would be in excess of £18,000pa.
LocationThe property on Rice Lane is located in Walton, with a mix of residentialand commercial units. The road itself is a highly popular main road andhouses a mixture of residential and commercial. Close by you can findnumerous local amenities, including but not limited to pubs/restaurantsand shops. Also located close by are Walton and Rice Lane Trainstations, both within a >5 minute walk.
Why Buy• 3 x Bedrooms• Mid-terrace House• Good size rear garden• 1 mile from St Helens town centre
Why Buy• Planning permission • Requires full refurbishment• 4 x Self-contained flats • Potential income in excess £18,000pa
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10Guide Price* £60,000 Plus
RESIDENTIAL 44 Lynsted Road, Liverpool, L14 0NT
DescriptionThis is a large 3 bedroom mid-terrace house that requires a smallscheme of updating & decoration prior to re-letting. The property is tobe sold vacant possession and has scope to add capital value. Ideal as along term rental investment or potential to re-sell on the open market toa first time buyer/new family. The property benefits from doubleglazing, central heating, paved drive to front and good size garden tothe rear.
AccommodationGround floor: Entrance hall, living room, kitchen, bathroomFirst floor: 3 x bedroomsOutside: Drive to front, garden to rear
LocationThe property is just a few minutes walk to Dovecot Shops, Health Centreand primary school. Alder Hey, Broadgreen, Aldi, Lidl and Sainsburys areall within a mile of the house. Liverpool City Centre is only 6 miles away.
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9Guide Price* £70,000 Plus
RESIDENTIAL 39 Cedar Grove, Toxteth, Liverpool, L8 0SN
DescriptionThis is a good size 2/3 bedroom mid-terrace house that has recentlybeen updated with new kitchen & bathrooms. The property benefitsfrom double glazing, central heating and a loft room. The property is ingood order throughout and ready for immediate occupation. Ideal as arental investment with the area popular for students.
AccommodationCellar: Large storageGround floor: Entrance hall, through living/dining room, kitchenFirst floor: 2 x bedrooms, shower roomAttic: Large room with velux windowOutside: Yard to rear, on-street parking to frontNB - Venmores have not carried out an internal inspection
LocationBest accessed from Sefton Park Road, the property is located within ahighly popular, residential area of Toxteth. Located nearby is SeftonPark and also a great range of local amenities, including localindependent eateries and shops. The property is located 3 miles fromthe City Centre.
Why Buy• 3 x Bedrooms • Scope to add value• Popular rental location • Ideal family home
Why Buy• 2/3 Bedroom house • Ideal starter home/rental investment• Recently refurbished • Double glazing & central heating
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11Guide Price* £70,000 Plus10 Scarisbrick Place, Liverpool, L11 7DJ INVESTMENT
DescriptionThis is a large 3 bedroom end-terrace house that is currently let by way of anAST at £500pcm/£6,000pa to a tenant who has been in occupation for over3 years. The property is in good order throughout and benefits from doubleglazing & central heating. Ideal as a long term rental investment.
AccommodationGround floor: Entrance, front reception, dining/kitchenFirst floor: 3 x bedrooms, bathroomOutside: Drive to front, garden to rearNB – Venmores have not carried out an internal inspection
LocationLocated off the the East Lancs and best accessed via Ardville Road, theproperty is housed within a highly popular residential area. There are anumber of local eateries, shops within the area.
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12Guide Price* £45,000 Plus22 Cinder Lane, Bootle, L20 6DP RESIDENTIAL
DescriptionThis is a deceptively large 2 bedroom mid-terrace house that benefitsfrom an additional loft room. The property is well laid out and benefitsfrom double glazing, central heating and an upstairs bathroom. Theproperty requires some updating and decoration prior to re-letting. Idealas a rental investment.
AccommodationGround floor: Entrance hall, through living/dining room, kitchenFirst floor: 2 x bedrooms, bathroomOutside: Large loft room with velux window
LocationLocated within a highly popular residential area of Bootle, the propertyis best accessed via Orrell Road. There are a variety of local shops andlocal amenities.
Why Buy• 3 x Bedrooms• Currently let at £6,000pa• Scope to add rental value• Double glazing & central heating
Why Buy• 2/3 Bedrooms• Requires minor updating• Popular rental area• Double glazing & central heating
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14Guide Price* £35,000 £40,00
RESIDENTIAL 76 Hawkins Street, Liverpool, L6 6BZ
DescriptionThis is a good size 2 bedroom mid-terrace house that is in poorcondition and requires a scheme of refurbishment. The property is in apopular student rental location and there is scope to try and utilise thefront of the ground floor as an additional bedroom and let as a 3bedroom house. If each room was let at £75pppw x 3 x 52 weeks =£11,700pa.
AccommodationGround floor: Through living/dining room, kitchenFirst floor: 2 x bedrooms, bathroom
LocationThe property is located within a busy residential area and is bestaccessed via Molyneux Road. The property is located within the popularstudent area of Kensington, which has fantastic transport links to thecity centre and also has some fantastic independent eateries and localamenities.
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13Guide Price* £60,000 Plus
INVESTMENT 161 Westminster Road, Liverpool, L4 4LR
DescriptionThis is a 3 storey mid terrace property that has been converted toprovide 1 x one bedroom and 2 x studio self-contained flats. Theproperty consists of 2 x studio flats with each tenanted on ASTagreements at £250pcm/£3,000pa giving a current total annual incomeof £6,000pa. The 1 bedroom flat is currently vacant and requiresrefurbishment. There is potential to refurbish and increase rent andcapital value throughout the whole property. If a scheme ofimprovements is carried out and the studio flats are rented at £325pcmand the one bedroom flat at £395pcm, the total potential incomewould be £12,540pa. This area of Westminster Road has had somemajor regeneration works recently with numerous new build houses andflats directly across the road and closer to town.
AccommodationFlat 1 - Ground floor - bedroom, kitchen, bathroom, living room
Flat 2 - first floor - living room/bedroom, kitchen, bathroomFlat 3 - second floor - living room/bedroom, kitchen, bathroomOutside: yard to rear
LocationClose to the junction with Barlow Lane and running parallel to WaltonRoad. There are numerous shops and amenities within walking distancewith County Road only a short walk away. Liverpool City Centre is only2.5 miles away with regular buses close by and Kirkdale Rail Station onlya few minutes walk away.
Why Buy• 3 x self-contained flats • Potential to add value• Rental income £6,000pa • Good rental area
Why Buy• 2 x Bedrooms • Popular student rental area• Double glazing • Requires a scheme of refurbishment
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15Guide Price* £40,000 Plus44 Baltic Studios, 7 Bridgewater Street, Liverpool, L1 0AS INVESTMENT
DescriptionThis is a good size self-contained studio flat that is currently let by way of a 12month AST agreement at £585pcm/£7,020pa. The development is only 3years old and benefits from on-site gym and common room. The flat is soldon a 250 year lease from 2016 has its own private kitchen and bathroom.Ideal as a City Centre rental investment popular with students.
LocationBaltic Studios is located on the corner of the popular Jamaica Street andBridgwater Street, in the heart of the newly developed Baltic Quarter. A>10 minute walk to Liverpool Central Station and James Street Stationand also The Albert Dock.
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16Guide Price* £70,000 Plus15 Lea Road, Wallasey, CH44 0DT INVESTMENT
DescriptionA large three bedroomed terraced house let on an AST at £550 pcm.The property benefits from double glazing and GCH, the current tenanthas been in situ for over 10 years and the property is in fantasticdecorative order throughout. Ideal as a rental investment .
AccommodationGround floor: Entrance Hall, front reception, dining room, kitchenFirst Floor: 3 x bedrooms and bathroomOutside; Yard to rear and on street parking.
LocationGood location in a popular residential area in Wallasey within easywalking distance of shops and public transport access. Seacombe Ferryis within walking distance for easy access to Liverpool City Centre andNew Brighton with cinema’s, bars, restaurants and shops a 5 minutedrive away.
Why Buy• Current rent £7,020pa• High net yield returns• 3yr old development
• City Centre Location• Popular with students
Why Buy• Great decorative order• Ideal rental investments• Popular rental area
• Double glazing and centralheating
• Long standing tenant
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18Guide Price* £50,000 Plus
INVESTMENT 157 Paterson Street, Birkenhead, CH41 4BQ
DescriptionHaving just been recently redecorated throughout, and had a newkitchen installed, this end-terrace house provides good sizedaccommodation for a buy to let investment opportunity with an ASTtenant already in-situ and paying £485pcm/£5,820pa Positioned justover the road from Birkenhead Park, it is also convenient for the shopsand infrastructure of Birkenhead Town Centre. Well placed for localschooling, frequent bus routes and Birkenhead Park train station is just ashort walk away.
AccommodationGround Floor: Open porch, dining room, living room, kitchenFirst Floor: Two double bedrooms, family bathroom, third storage/boilerroom
Outside: Rear courtyard garden with access gate.
LocationPaterson Street is located opposite the east side of Birkenhead Park, offPark Road East accessed from Conway Street or Claughton Road.Conway Park Station is 730 yards and Birkenhead Park Station, 760yards. Europa Pools Leisure Centre, Vue Cinema and Wirral MetropolitanCollege are nearby and Primary/Secondary schools walkable.
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17Guide Price* £100,000 Plus
INVESTMENT 21 Garmoyle Road, Liverpool, L15 3HN
DescriptionA large three bedroomed terraced house let on an AST at £520 pcm.The property benefits from double glazing and GCH, currently tenantedthe property hasn’t been inspected internally Ideal as a rentalinvestment .
AccommodationGround floor: Entrance Hall, front reception, dining room, kitchenFirst Floor: 3 x bedrooms and bathroomOutside; Yard to rear and on street parking.NB - Venmores have not carried out an internal inspection
LocationGood location in a popular residential area for students and localsbetween Smithdown Road and Wavertree Athletics Park within easywalking distance of shops and public transport access to Universitiesand Liverpool City Centre.
Why Buy• Ideal rental investment • Double glazing and GCH• Popular student rental area • Potential to increase yield
Why Buy• Two Bed End Terrace • Double Glazing & central heating• Let on AST at £5,820pa • Yield return in excess of 10%
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19Guide Price* £40,000 - £45,000254 Litherland Road, Bootle, L20 5EH RESIDENTIAL
DescriptionThis is a large 3 bedroom mid-terrace house that is in poor conditionand requires a full scheme of refurbishment prior to occupation. Theproperty has three bedrooms to the first floor and there is potential toutilise the front reception as a fourth bedroom and use the property as a4 bedroom HMO style rental, subject to all the necessary consents.There is plenty of scope to add capital value
AccommodationGround floor: Entrance hall, front reception, dining room, kitchenFirst floor: 3 x bedrooms, bathroomOutside: Yard to rear, on-street parking to front
LocationBest accessed from Linacre Lane and Stanley Road, the property islocated right in the heart of Bootle. The road itself is located within ahighly popular residential area. Located close by is The Strand, whichhouses numerous local amenities, including food outlets, supermarketsand other local amenities.
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20Guide Price* £70,000 Plus28 Inman Road, Liverpool, L21 8NB RESIDENTIAL
DescriptionThis is a large mid-terrace house that has been converted into 2 x self-contained flats. Both flats have been refurbished recently and have newbathrooms, kitchens and boilers fitted. The property requires minordecoration to finish and rent. If each flat was let at £450pcm thepotential income would be £10,800pa. Very popular rental area withhigh demand for one bedroom flats and low supply in the area.
AccommodationFlat 1 - Ground floor: Entrance, bedroom, bathroom, open plankitchen/living roomFlat 2 - First floor: Bathroom, bedroom, kitchen, living roomOutside: Large yard to rear, drive to front
LocationBest accessed from Linacre Road, the property is located in Litherland,and borders the Liverpool Leeds canal. The road itself is a highly popularresidential cul-de-sac. Close by you can find numerous local amenities,including but not limited to pubs/restaurants and other local eateriesand shops.
Why Buy• 2 x Self-contained flats• Recently refurbished• Requires minor finishing
• Potential income £10,800pa• Double glazing & central heating
Why Buy• Requires full refurbishment • Potential to be HMO let• Scope to add capital value • Popular rental area
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21Guide Price* £350,000 - £375,000
INVESTMENT The North Star Public House, 294 Laird Street, Birkenhead, CH41 8ER
DescriptionThis is a large corner property that is configured to provide a fullytrading public house as well as residential accommodation to theupper floors. The whole building was recently refurbished. The publicHouse is on a 10 year lease with approximately 6yrs remaining andrent of £500per week/£24,000pa. The residential accommodation isaccessed through a separate side entrance and spread over the firstand second floors. There are 10 x lettable bedrooms, 2 x kitchens, 2 xlarge bathrooms with shared facilities. The property benefits from afull 10 Bed HMO licence, is mostly furnished and ready for immediateoccupation. If each room was let at £90pppw the potential incomefor the residential accommodation would be £46,800pa and added tothe income from the bar would total in excess of £70,000pa.
AccommodationPublic bar: Bar area, seating area, toilets, store, cellarFirst floor: Kitchen, 5 x double bedrooms, Bathroom with 2 x showercubicles & 2 x wcSecond floor: kitchen, 5 x double bedrooms, Bathroom with 2 xshower cubicles & 2 x wcOutside: Yard to rear, on-street parking to front
LocationClose to the junction with Hoylake Road and only a few minutes walkfrom Birkenhead North Rail Station. Birkenhead park is also close bywith Birkenhead Town Centre just 2 miles away.
Why Buy• 10 letting rooms• Recently refurbished• Bar let on 10yr lease £24,000pa• Fully double glazed & central heated• Potential income in excess £70,000pa• Ideal as a HMO subject to consents
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22Guide Price* £45,000 Plus33 Rodney Street, Birkenhead, CH41 2RG RESIDENTIAL
DescriptionThis is a deceptively large 3 bedroom mid-terrace house that requires ascheme of refurbishment prior to occupation. The property benefitsfrom double glazing & central heating. The property has good scope tobe reconfigured and would suit a 4 bedroom HMO style rentalinvestment, subject to gaining all the necessary consents. If each roomwas then let at £75pppw, bills included, the total potential gross rentwould be £15,600pa.
AccommodationGround floor: Entrance hall, front reception, dining room, kitchen(removed)First floor: 3 x bedrooms, bathroomOutside: Yard to rear, on-street parking to front
LocationBest accessed from Argyle Street South, the property is a very short walkaway from Birkenhead Central Station, providing extensive transport linksto Liverpool, Chester and the rest of The Wirral. Within a <5 minute walk isBirkenhead Town Centre, which has many local amenities such as, popularlocal eateries, an indoor and outdoor shopping centre, cinema and leisurecentre.
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23Guide Price* £50,000 Plus129 Paterson Street, Birkenhead, CH41 4BQ RESIDENTIAL
DescriptionHaving recently become vacant the property is in need of decoration priorto re-letting. The property benefits from double glazing & central heatingwith a brand new boiler which was fitted at end of February 2020 andcomes with a 5 year warranty. The property was achieving£475pcm/£5,700pa from the previous tenant which would give a potentialyield return of over 10%. Ideal as a rental investment.
AccommodationGround Floor: Dining room, living room, kitchenFirst Floor: Two double bedrooms, bathroomOutside: Yard to rear, on-street parking to front
LocationPaterson Street is located opposite the east side of Birkenhead Park, offPark Road East accessed from Conway Street or Claughton Road.Conway Park Station is 730 yards and Birkenhead Park Station, 760yards. Europa Pools Leisure Centre, Vue Cinema and Wirral MetropolitanCollege are nearby and Primary/Secondary schools walkable.
Why Buy• 3 x Bedrooms• Potential to add value
• Double glazing & central heating• Requires full refurbishment
Why Buy• Two Bed mid-terrace• Recently become vacant
• Double Glazing & central heating• Popular rental location
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25Guide Price* £80,000 - £90,000
DEVELOPMENT Land at 2 Singleton Avenue, Birkenhead, CH42 9JH
DescriptionA cleared plot of land extending to approximately 5000 sqft whichbenefits from planning permission to erect 6 x 2 bedroom apartments.We believe all main services are available however any interested partiesshould make their own further enquiries and conduct their own landsurveys. We have been informed by the vendors that bore holes havebeen excavated and geological survey reports completed leaving theland ready for immediate development. NB - Plans are available for inspection at Wirral Borough Council Planningreference number APP/16/01406.
LocationOn Singleton Avenue at the junction with Borough Road close to localamenities and approximately 1 mile from Birkenhead Town Centre.
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24Guide Price* £50,000 - £55,000
RESIDENTIAL 18 St. Andrew Road, Liverpool, L4 2RJ
DescriptionThis is a good size 3 bedroom mid terrace property that is currentlyvacant and in need of some updating and decoration. The propertybenefits from double glazing & central heating and has had a smallscheme of refurbishment carried out, but does need finished off. Ideal asa long term investment with strong yield returns or as a short termholiday let due to its close proximity to Anfield Stadium.
AccommodationGround floor: Entrance hall, front reception, dining room, kitchen,bathroomFirst floor: 3 bedroomsOutside: Yard to rear, on-street parking to the front
LocationAccessed directly from Breck Road in Anfield the property is on a quietone entry street with no through traffic. Right on the fringes of theAnfield Regeneration zone which is undergoing major investment. Thereare plenty of shops and amenities within walking distance. LiverpoolCity Centre is only 2.5 miles away with regular buses from close-by BreckRoad.
Why Buy• Full planning permission• Immediate development potential• 6 x Two Bedroom Apartments• Scope to change the scheme• Popular residential area
Why Buy• 3 bedrooms • Part refurbished • Double glazing & central heating
• Popular rental area Joint Agent
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DescriptionA plot of land benefiting from Planning permission for fivedetached houses which has been granted by way of appeal on the6th August 2019. The current planning allows for all the houses tohave, two reception rooms, large Kitchen / dining room, laundry anda WC on the ground floor. To the first floor are four bedrooms, twoof the bedrooms having en-suite bathrooms and a familybathroom. Outside all houses have the benefit of a garage andenclosed rear gardens. We feel the properties could actually bereduced in size without the end values being effected, however allenquiries would need to be directed to the planning department atWirral Borough Council.
PlanningPlanning Authority – Wirral Borough CouncilOutline Planning Consent – OUT/18/01574Appeal Reference: APP/W4325/W/19/3225344
LocationThe plot is located within a highly popular residential area ofSaughall Massie. The property is best accessed from Beech Avenue orElm Avenue, via Overchurch Road. Located nearby by is the smallvillage of Saughall Massie, where a variety of shops, food outlets areavailable.
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26Guide Price* £400,000 PlusLand Adjacent to 18 Oak Avenue, Wirral, CH49 4NL DEVELOPMENT
Why Buy• Planning permission for FIVE detached houses• Sought after location• Popular residential area
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28Guide Price* £70,000 - £80,000
RESIDENTIAL 48 Derwent Road East, Liverpool, L13 6QR
DescriptionThis is a 5 bedroom large mid-terrace house that is in need ofrefurbishment throughout. The property would make an ideal 6/7bedroom HMO rental or has scope to be converted to self-containedflats, subject to gaining all the necessary planning consents. Located ona leafy street half way between Old Swan & Tuebrook and very popularfor rentals.
AccommodationBasement: Houses the services & storage spaceGround floor: Entrance hall, through living/dining room, kitchenFirst floor: 3 x bedrooms, bathroomSecond floor: Attic space, 2 x bedrooms - one currently converted toprovide additional kitchen
Outside: Yard to rear, on-street parking to front
LocationThe property is located in Old Swan in a heavily populated residentialarea and is best accessed from Derby Lane and Green Lane. Nearby area number of good, local schools and close proximity to BroadgreenHospital. Local amenities, ranging from shops, pubs/restaurants.
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27Guide Price* £90,000 - £100,000
DEVELOPMENT Land at 8-10 Hill Grove, Wirral, CH46 0SA
DescriptionThis parcel of land with access has planning permission granted for theerection of a three bedroom detached bungalow. This is a unique andexciting opportunity for the new owner to build their very own home!Planning permission has been granted with the following Application No:APP/18/00707. Situated close to local amenities and transport links thisis a prime location for a new build bungalow. The site is ready forimmediate development with full planning consent, this was granted inNovember 2019. NB - Plans are available directly from Wirral Borough Council - Application No:APP/18/00707
LocationBest accessed from Borrowdale Road, this plot of land is located within acul-de-sac in a highly popular residential area. Located betweenSaughall Massie Village and Moreton Village, there are numerous localamenities available.
Why Buy• Full planning permission• Detached 3 bedroom bungalow• Ready for immediate development• Highly sought after location
Why Buy• 5 x Bedrooms• Potential HMO rental
• Requires full refurbishment• Scope to add capital value
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DescriptionThis is a large terrace of ground floor retail units with open plan officespace to the upper floors. All of the retail units are currently let withDominos Pizza and Age Concern as the two anchor tenants and have acombined rental income of £45,850pa. The office accommodation to thefirst floor is in disused condition, but does benefit from current planningpermission to be converted to provide 6 x one bedroom self-containedflats. If each of the flats was let at £400pcm the total potential incomefor the residential units would be £28,880pa, giving a potential combinedincome for the building of £74,650pa.
AccommodationFirst floor - Open plan offices, kitchen, toilets1-3 - 20yr Lease from 22/06/12 £15,000 pa DP REALTY LTD (Dominostakeaway Pizza) 5-7 - 10yr Lease from 01/12/18 £15,250 pa AGE CONCERN WIRRAL Break last day of fifth year of term/Review first day of fifth year of term9 - 3yr Lease from 12/02/19 £7,800 pa MARSHALL BUSINESSSERVICES LTD 11 - 12m License from 1/12/19 £7,800 pa LH RETAIL LTD(Furniture Storage)
LocationLocated in the heart of Liscard Town Centre, these units of property areset on a popular stretch of the area with a high amount of footfall andpassing trade. With extensive links to the rest of the Wirral and LiverpoolCity Centre nearby. The area houses numerous pubs/restaurants, banks,popular fast food eateries and a supermarket.
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29Guide Price* £475,000 Plus1-11 Liscard Village, Capitol Buildings, Wallasey, CH45 4JG INVESTMENT
Why Buy• Current income £45,850pa• Planning permission for 6 x units• Mixed-use investment/development• Potential income circa £75,000pa
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31Guide Price* £65,000 Plus
INVESTMENT 35 Tattersall Road, Liverpool, L21 2PJ
DescriptionA traditional two-bedroom end-terraced property currently Let on aShorthold AST at a rental income of £6,000pa. Property provides tworeception rooms, two double bedrooms and is in good condition withmodern décor throughout. To the rear is a private landscaped yard.
AccommodationGround Floor: Entrance hall, 2 x reception rooms, kitchen
First Floor: Two double bedrooms, large bathroom, walk-in closet
Outside: Landscaped yard to the rear
LocationLocated just off the main A 5036 Church Road direct link road into CityCentre. Seaforth & Litherland Station just 370 yards away and largeSuperstore within walking distance. There are several Primary Schools allwalkable and the closest Secondary School is within a mile.
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30Guide Price* £55,000 Plus
INVESTMENT 28 St. Andrew Road, Liverpool, L4 2RJ
DescriptionThis is a good size 3 bedroom mid terrace property that is let on anHMO bedroom basis with two of the rooms currently let at£525pcm/£6,300pa. The property benefits from double glazing ¢ral heating. Ideal as a long term investment with strong yieldreturns.
AccommodationGround floor: Entrance hall, front reception, dining room, kitchen,bathroom
First floor: 3 bedrooms
Outside: Yard to rear, on-street parking to the front
LocationAccessed directly from Breck Road in Anfield the property is on a quietone entry street with no through traffic. Right on the fringes of theAnfield Regeneration zone which is undergoing major investment. Thereare plenty of shops and amenities within walking distance. LiverpoolCity Centre is only 2.5 miles away with regular buses from close-by BreckRoad.
Why Buy• Popular rental location• Large Accommodation• Well Presented• Double glazing and central heating
Why Buy• 3 bedrooms • Current income £6,300pa
• Double glazing & central heating • Popular rental area
Joint Agent
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32Guide Price* £45,000 - £50,00042 Oakfield Road, Walton, Liverpool, L4 2QF INVESTMENT
DescriptionThis is a large 3 bedroom end-terrace house that is in good conditionand is currently let by way of an AST at £600pcm/£7,200pa. The tenanthas been in the property since 2011 and would like to remain. Theproperty benefits from double glazing and central heating. Ideal as along term rental investment.
AccommodationGround floor: Living room, dining room, kitchen, wet roomFirst floor: 3 x BedroomsOutside: Yard to rear, on-street parking to side
LocationOnly a few minutes from Anfield Football Stadium with numerous shops& bars within walking distance. Liverpool City Centre is only 3 milesaway.
LOT
33Guide Price* £60,000 Plus161 Hebden Road, Liverpool, L11 9AN INVESTMENT
DescriptionA 3 bedroom terrace house which benefits from double glazing, centralheating, front drive and rear garden. The property is in good order andcurrently let on an AST at £490pcm/£5,880pa. Ideal as a long termrental investment.
AccommodationGround Floor: Lounge, Kitchen/Diner, Bathroom/WC.First Floor: 3 Bedrooms.Outside: Front drive & Rear GardenNB – Venmores have not carried out an internal inspection
LocationOff Carr Lane East in a popular and well established residential locationwithin close proximity to local shopping amenities, schooling, transportlinks and approximately 6 miles from Liverpool City Centre.
Why Buy• 3 x Bedrooms • Long standing tenants• Currently let at £7,200pa• Double glazed & central heating
Why Buy• 3 x Bedrooms• Currently let at £5,880pa• Scope to add rental value• Double glazing & central heating
29
LOT
35Guide Price* £30,000 Plus
INVESTMENT 57 Bala Street, Liverpool, L4 2QN
DescriptionThis is a 2 bedroom mid terrace house in the Anfield area of NorthLiverpool. The property has a tiled kitchen and bathroom with carpetedstairs and bedrooms. However, the property could do with a scheme ofupdating & decoration, but benefits from gas central heating anddouble glazing. Currently let on 2 x AST agreements by bedroom basisat £92.30 per week/per bedroom = Total £9,600 Per year.
AccommodationGround floor: Open plan living/dining room, kitchen, bathroomFirst floor: 2 x bedroomsOutside: Small yard to the rear, on-street parking to the front
LocationBala Street is just off Oakfield Road in Anfield. There are numerousshops and bars close by and Anfield Football stadium is only within shortwalking distance. Public transport to Liverpool city centre is easilyaccessible.
LOT
34Guide Price* £35,000 - £40,000
RESIDENTIAL 18 Harrowby Road, Birkenhead, CH42 7HU
DescriptionA two bedroom terraced house in a popular area for letting. Theproperty has been tenanted up until mid March and will require somedecoration prior to re-letting. The property has double glazing andcentral heating and is close to St Catherine’s Hospital. The property willmake an ideal rental investment.
AccommodationGround floor: Living room, kitchen, bathroomFirst Floor : 2 x bedroomsOutside: Yard to rear, unrestricted on street parking to front.
LocationLocated at the top of Harrowby Road close to St Catherine’s Hospitalwith good public transport links, local shops and walkable access toboth Birkenhead town centre which has a traditional indoor market,shopping centre, leisure facilities and pool and Tranmere Rovers FC.
Why Buy• Potential income of £5000 pa• Only decoration required prior to letting• Good yield• Popular rental area
Why Buy• 2 Bedrooms• Central heating • Double glazing
• Currently let at £800pcm• Good rental area
30
DescriptionThis is a large four storey terrace building that is currently vacant backto shell and ready for a scheme of refurbishment. The propertybenefits from recent new roof & windows. There is potential to bedeveloped into a residential scheme of apartments or a small boutiquehotel, subject to gaining all the necessary planning consents. Theproperty was previously used as a restaurant and bar and benefitsfrom a basement level. We have been informed by the vendor that theproperty offers accommodation of circa 1000 sqft per floor, but allinterested parties should carry out their own measurements/surveysprior to the auction.
LocationAccessed directly from Hanover Street right in the heart of LiverpoolCity Centre and within walking distance of all amenities, shops, barsand restaurants. The entrance is on Brooks Alley which is to theside/rear of Hanover House, directly across from Oneills Irish Bar.
NB - Venmores have not carried out an internal inspectionWhy Buy• Four Storey building• Potential residentialdevelopment
• Liverpool City Centre Location
• Vacant & ready for immediateworks
• Historically used as restaurant& bar
LOT
36Guide Price* £375,000 Plus2 & 4 Brooks Alley, Liverpool, L1 3DZ DEVELOPMENT
31
LOT
38Guide Price* £70,000 Plus
RESIDENTIAL 91 Halton Brow, Halton, Runcorn, WA7 2EJ
DescriptionLocated in a convenient location in Old Runcorn, A double fronted twobedroom detached bungalow with vacant possession. The property is inan elevated position and has gardens to the front and rear. Theproperty has undergone some refurbishment is double glazed with GCHwith little investment it would provide a good rental income or home.
AccommodationA porch leads onto a central entrance hall which accesses all rooms. Theaccommodation comprises of a fitted kitchen complete with oven andhob, lounge , dining room, two bedrooms and bathroom, one of thebedrooms has built-in wardrobes. The property is carpeted and hasGCH. There are gardens to the front and side and a generously sizedflagged area to the rear of the property.
LocationBased on Halton Brow the property has easy access to the RuncornExpressway and the easy transport links that offers. Runcorn stationwith hourly service to London is a 5 minute drive as is Runcorn ShoppingCity.
LOT
37Guide Price* £80,000 Plus
RESIDENTIAL 17 Ascot Avenue, Liverpool, L21 2PS
DescriptionThis is a good size 3 bedroom semi-detached house that is in good orderthroughout. The property has the potential like others on the street tobe extended to the rear to provide an upstairs bathroom and largekitchen diner. The property benefits from double glazing, centralheating, front driveway and good size rear garden. Ideal as a familyhome.
AccommodationGround floor: Living room, kitchen, bathroomFirst floor: 3 x bedroomsOutside: Driveway, front & rear gardens
LocationBest accessed from Beach Road via Church Road, the property is locatedin Litherland, and borders the Liverpool Leeds canal. The road itself is ahighly popular residential cul-de-sac. Close by you can find numerouslocal amenities, including but not limited to pubs/restaurants and otherlocal eateries and shops.
Why Buy• Good rental investment• Great transport links• Fitted kitchen
• Bedroom with built in wardrobes• Gardens to three sides• Double glazed and gas central heating
Why Buy• Semi-detached house• 3 x Bedrooms
• Double glazing & central heating• Good size rear garden
32
LOT
39Guide Price* £50,000 - £55,00045 Ampulla Road, Liverpool, L11 4RJ INVESTMENT
DescriptionThis is a deceptively large 3 bedroom mid-terrace house that is currentlylet by way of an AST at £475pcm/£5,700pa. The property benefits fromdouble glazing, central heating and a large rear garden. Ideal as a longterm rental investment.
AccommodationGround floor: Entrance hall, kitchen/diner, dining room, living roomFirst floor: 3 x bedrooms, wc, bathroomOutside: Garden to rear, driveway to front
LocationThe property is best accessed via Croxteth Hall Lane and based in theheart of Croxteth. Close by are a number of independent, localamenities, including popular local eateries, shops, pubs/restaurants.
LOT
40Guide Price* £35,000 PlusFlat 11, Liege House, Manorside Close, Wirral, CH49 4PP RESIDENTIAL
DescriptionA two bedroom Ground Floor retirement apartment situated in LiegeHouse in Upton on the Wirral. It is a condition of purchase thatresidents be over the age of 60 years, or in the event of a couple, onemust be over the age of 60 years and the other over 55 years. A rareopportunity for the apartment to Let with at a potential rent of £695 -£715pcm.
AccommodationApartment comprises an entrance hall, lounge, kitchen, two bedroomsand bathroom. To the exterior there are communal gardens and carpark accessed via own entrance. The site has a 24 hour careline andincludes: Laundry Room, Lift, Communal Lounge, Guest Suite, Car Park.
LocationThe property is located on Manorside Close which is off Moreton Road.The property is right in the middle ground near Moreton Town Centreand Upton Village. Just minutes off the M53 Moreton Spur, whichprovides extensive access to the rest of the Wirral and Liverpool.
Why Buy• 3 x Bedrooms• Currently let £5,700pa• Double glazing & central heating• Large rear garden
Why Buy• Sought After Location• Rental Permitted• Income Potential £695 - £715pcm
33
LOT
42Guide Price* £60,000 - £65,000
RESIDENTIAL Flat 1b, 40-42 Sydenham Avenue, Liverpool, L17 3AX
DescriptionThis is a good size one bedroom first floor flat that is currently tenantedhowever the tenant is due to vacate prior to the auction and theproperty will be offered with vacant possession. The property is in goodcondition throughout and will be ready for re-let once a small scheme ofdecoration has been carried out. Ideal as a rental investment withSefton Park in close proximity.
AccommodationGround floor: Communal entrance hall & stairs to all floorsFirst floor flat: Entrance hall, living room, kitchen, bedroom, bathroomOutside: Communal gardens to rear, on-street parking to front & side
LocationThe property is located within a busy residential area, a short walkingdistance from Sefton Park and Smithdown Road, which has extensivetransport links to the city centre and also has some fantasticindependent eateries and local amenities.
LOT
41Guide Price* £45,000 Plus
RESIDENTIAL 31 Violet Road, Liverpool, L21 6NY
DescriptionPurpose built two-bedroom top floor flat in convenient location close tolocal shops and transport facilities. Gas central heating, double glazingand communal gardens. Ideal investment property or first-time buyer.
AccommodationCommunal area, stairs to first floor, Private Hall intercom system fittedkitchen, Lounge, 2 double bedrooms bathroom, utility balcony.
NB - Venmores have not carried out an internal inspection
LocationConveniently located just off Stanley Road and close to Seaforth andLitherland Railway Station. Access to major routes into the City Centreand local schools/local infrastructure within walking distance.
Why Buy• One bedroom self-contained flat• Recently vacant and in good order• Close to Sefton Park• Popular rental location
Why Buy• Self-Contained 2 Bed Apartment• Long-term Sitting Tenant• Current Rental Income £5,100
Joint Agent
34
LOT
43Guide Price* £115,000 Plus119 Picton Road, Wavertree, Liverpool, L15 4LF MIXED USE
DescriptionThis is a traditional mixed-use property comprising of ground floorcommercial unit, currently trading as a Barbers and two vacantresidential flats above with private access. To the first floor is a largestudio apartment with separate kitchen and shower room - potential tobe reworked as one-bedroom flat. The top floor offers a one-bedroomapartment with open plan kitchen/living area separate shower room.Following a scheme of refurbishment, possible income from the flatscould achieve circa. £8,800. The property benefits from gas centralheating and double glazing.
AccommodationGround floor - Main commercial space with separate w/c and furtherroom currently being used as kitchenette.
First floor - Studio flat with separate kitchen/shower-room.Second floor - large one bedroom flat with separate shower-room.
LocationThe property is best accessed via Croxteth Hall Lane and based in theheart of Croxteth. Close by are a number of independent, localamenities, including popular local eateries, shops, pubs/restaurants.
LOT
44Guide Price* £60,000 Plus36 Castle Street, Birkenhead, CH41 5ES INVESTMENT
DescriptionThis is a 2 bedroom mid-terrace house that is currently let by way of anAST at £450pcm/£5,400pa. The property benefits from double glazing,central heating and an upstairs bathroom. Ideal rental investment withgood yield returns.
AccommodationGround floor: Living room, kitchenFirst floor: 2 x bedrooms, bathroomOutside: Yard to rear, on-street parking to front
LocationThis property is located a 2 minute walk from Hamilton Square, which ishome to the most Grade II listed buildings outside of London. Housing
numerous successful local businesses. Within a >5 minute walkingdistance to Hamilton Square station, providing great transport links toLiverpool, Chester and the rest of the Wirral. Birkenhead Town Centre isalso located within >5 minutes walking distance, housing extensivetransport links, an indoor and outdoor shopping centre, cinema andleisure centre.
Why Buy• Prime Trading Location• Potential Income over £15,000pa• Long Standing Commercial Tenant
• FreeholdJoint Agent
Why Buy• 2 x Bedrooms• Upstairs bathroom• Currently let at £5,400pa
• Close to Birkenhead Town CentreJoint Agent
35
LOT
46Guide Price* £140,000 - £160,000
INVESTMENT 385 Walton Breck Road, Liverpool, L4 2RN
DescriptionThis is a large end-terrace corner property that is configured to provide5 x self-contained flats. There are 2 x studio, 2 x one bedroom and 1 xtwo bedroom units. Four of the flats are currently let at an income of£1290pcm/£15,480pa. The property benefits from double glazing ¢ral heating. If the units were updated there is potential to increasethe total income to £23,400pa, based on £350pcm for the studios,£400pcm for the one bedrooms and £450pcm for the two bedroomflats. Due to the location being a minutes walk away from AnfieldFootball Stadium there is also scope to let the flats on a short term basisfor the football matches and concert events, subject to gainingconsents.
AccommodationSecure entry door with intercom system leading to carpeted communalhall and stairs.Flat 1: 2 Bedrooms, lounge, kitchen, bathroom (Let at £430pcm)Flat 2: Studio flat with shower room (Let at £260pcm)
Flat 3: 1 Bedroom, lounge/diner, bathroom (Let at £300pcm)Flat 4: Studio flat with shower room (Vacant)Flat 5: 1 Bedroom, lounge/diner, bathroom (Let at £300pcm)Outside: Yard to rear, on-street parking to front & side
LocationThe property is located on a prominent road in Anfield and is a shortwalk from the famous Anfield Stadium of Liverpool FC. Within the areaare extensive local amenities, including shops and independent eateries.The property is located a >10 minutes drive from the City Centre.
LOT
45Guide Price* £110,000 Plus
RESIDENTIAL 40 Leopold Road, Kensington, Liverpool, L7 8SP
DescriptionThis is a good size 3 bedroom mid terrace house that is currently vacant.The property requires refurbishment but does benefit from doubleglazing and central heating. There is scope to either refurbish and re-sellas a first time buyer/young family home or to extend to the rear and gointo the loft to create extra bedrooms and let as a 5/6 bedroom studentHMO, subject to gaining all the necessary planning consents.
AccommodationGround floor: Entrance hall, living room, dining room, kitchen First floor: 3 x bedrooms, bathroom Outside: Yard to rear, on-street parking to front
LocationLocated just off of Hall Lane, Kensington. The property is just a 10minute walk from The Royal Liverpool hospital and close to all localamenities with bars, restaurants and pubs just a short distance away.
Why Buy• 5 x Self-contained flats• Potential income £23,400pa• Within walking of Anfield Stadium
Why Buy• 3 x Bedrooms • Popular student location • Close to Royal Hospital • Potential to be reconfigured
Joint Agent
• Scope to add capital/rentalvalue
• Would suit short term/holidaylets
NB - Venmores have not carried out an internal inspection
36
LOT
47Guide Price* £55,000 PlusApt. 14, 24 Fenwick Street, Liverpool, L2 7NE INVESTMENT
DescriptionThis is a large studio/one bedroom apartment that is in good orderthroughout and currently let by way of an AST agreement at£575pcm/£6,900pa to a tenant of over 3yrs. The property benefits fromparquet flooring, modern kitchen and good size living space. Ideal as arental investment.
AccommodationGround floor: Secure entrance lobby with lifts and stair access to allfloors Fifth floor: Entrance hall, bathroom, living room area, kitchen,partitioned bedroom area
LocationThe apartment is located right in the heart of the city centre. An ideallocation for bars, restaurants and the business district. Located a >5minute walk away is James Street station and Moorfields station.
LOT
48Guide Price* £45,000 Plus28 Ruskin Street, Liverpool, L4 3SH INVESTMENT
DescriptionThis is a good size 2 bedroom mid terrace house that is in good orderthroughout and currently let by way of an AST agreement at£480pcm/£5,760pa. The property benefits from double glazing andcentral heating. Ideal as a long term rental investment with high yieldreturns or if it ever became vacant it could also be used as a short termlet option for visiting tourists/football fans due to its close proximity toboth football stadiums and also Liverpool City Centre.
AccommodationGround floor: Through living/dining room, kitchen, bathroomFirst floor: 2 x bedroomsOutside: Yard to rear, on-street parking to front
LocationAccessed just off Westminster somewhere midway between MelroseRoad and County Road. Both roads provide strong transport links to andfrom the city centre via bus routes and Kirkdale train station. Only 2miles from Liverpool City Centre!
Why Buy• Studio/one bed apartment • Grade II listed building• Fifth floor unit• Let on AST £6,900pa
Joint Agent
Why Buy• 2 x bedrooms• Currently let at £5,760pa• Double glazing & central heating• Close to Goodison Stadium
37
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42
Telephone/Proxy Bidding FormDate of Auction Lot Number
Type of Bid: PROXY / TELEPHONE (please circle as required)
I hereby instruct and authorise you to bid on my behalf in accordance with the terms and conditions attached heretoand I understand that should my bid be successful the offer will be binding upon me.
Address of Lot
Maximum Bid Price £ Words
Deposit £ (To be 10% of maximum bid, minimum £2,000)
Buyers fee 1% + VAT (1.2% incl of VAT) of sale price, subject to a minimum of £1,250 + VAT (£1,500 incl of VAT),payable on the fall of the hammer (unless specified differently in sale particulars) for each lot purchased. This fee isnon-refundable.
TOTAL £ Credit Card details below
Purchasers Details
Company Name (if applicable)
Full Name(s) DoB
Address
Postcode
Mobile Phone number Email
Solicitors Details
Company Name & Address
Postcode
Phone Number Reference
I authorise the auctioneer to sign the Memorandum of Sale/Contract on my behalf and I recognise that I will then bethe fully bound purchaser of the property referred to above and must complete this transaction within the specifiedtime in the Conditions of Sale
I have provided my identification documents to Venmore Auction for verification / certified copies (please delete asappropriate), together with my completed PEP Declaration. In line with the Anti-Money Laundering Regulations Notice.
Signature of the Prospective Purchaser(s)
Date
Date
Telephone Bidders Note1) A member of staff will attempt to contact the bidder by telephone prior to the lot concerned being offered for sale. If it is impossible to obtain telephone
contact, or the line breaks down, the auctioneer is authorised to continue to bid on behalf of the telephone bidder up to the maximum bid stated on this form.2) Should the telephone bidder exceed the bidding price stated on this form, the balance of the deposit must be forwarded to the auctioneers promptly.
CardNo.
CVVNo.**This is the last 3 digits fromthe security code on the backof your card.
ExpiryDate
43
All prospective bidders wishing to bid by telephone or proxy shouldcomplete and sign the Telephone/Proxy Bidding Form attached.The bidder shall have had sight of and accept the terms of the SaleMemorandum which will form part of the contract should their bidbe successful.
The Auctioneer reserves the right to refuse a bid on behalf of theTelephone/proxy bidder should there by any confusion as to theMaximum Bid Price or with any error in the accompanying cheque.
A separate form must be completed for each Lot the bidder wishesto bid on.
The completed form(s) must be delivered to Venmore Auctions,Imperial Buildings, 9 Dale Street, Liverpool, L2 2SH by hand or postno later than 24 hours prior to the auction commencing.
Any agreed alteration to any telephone/proxy bidding form at anytime, prior to, or on the day of the auction, must be done so inwriting and prior to the commencement of the auction.
The telephone/proxy bidder must provide a banker’s draft,solicitor’s client account cheque, person or company cheque, whichmust be drawn upon a UK clearing bank account of the buyer andbe for 10% of the maximum bid or £2,000, which ever is thegreater, to be made payable to Venmore Auctions. Alternativelythe bidder can supply credit or debit card details to the auctiondepartment who will deduct the deposit from the card uponexchange of contracts.
The telephone/proxy bidder appoints the Auctioneer as agent andauthorises the Auctioneer to bid for the relevant Lot on behalf ofthe telephone/proxy bidder in such manner as the Auctioneerthinks fit up to the Maximum Bid Price.
The telephone/proxy bidder shall be considered to have inspectedthe Auction particulars for the relevant Lot, the general terms andconditions of sale, the Special Conditions of sale and anyamendments or addendums to any of these and to have fullknowledge thereof.
The telephone/proxy bidder authorises the Auctioneer or any dulyauthorised employee of Venmore Auctions as the proxy bidder’sagent to sign the Sale Memorandum incorporating all such mattersat or after the auction.
The telephone/proxy bidder shall be deemed to have taken allnecessary professional and legal advice and to have made theappropriate enquiries, searches, surveys and inspections in respectof any relevant Lot and has knowledge of any announcementsmade from the rostrum of any amendment or addendum relatingto the relevant Lot.
Venmore Auctions reserve the right not to bid on behalf of thetelephone/proxy bidder in the event of any error, doubt oromission, uncertainty as to any bid, or for whatever reason, andgive no warranty or agreement that any bid will be made on behalfof the bidder and accept no liability if no bid is made on behalf ofthe bidder.
In the event that the telephone/proxy bidder is successful theAuctioneer will sign the Sale Memorandum on behalf of the seller(a binding contract between the seller and buyer is formed on thefall of the hammer) and forward the seller’s signed part of thecontract to the bidder’s solicitor.
In the event that the lot is knocked down to the proxy bidder,details of the amount of the deposit monies shall be inserted intothe Sale Memorandum. Where any cheque presented by a bidderin payment of the deposit exceeds the required 10% any excesswill not be returned and will form an increased deposit and will beheld in accordance with the general terms and conditions of saleor any variations on them contained in the special conditions.
The telephone/proxy bidder will be advised if the relevant Lot hasbeen successfully purchased on his behalf as soon as possible afterthe auction. In the event that the proxy bidder is unsuccessful atthe auction, the deposit cheque or bankers draft shall be returnedpromptly by the Auctioneer to the proxy bidder.
The Auctioneer reserves the right to bid himself or through anagent up to the reserve price for the Lot.
Unless the relevant Lot is sold to the telephone/proxy bidder, theamount of the telephone/proxy bidders bid will not be disclosed tothe Seller or any other person either during or after the sale withoutthe telephone/proxy bidders consent.
Telephone/Proxy bidders are advised to contact Venmore Auctionsimmediately prior to the Auction to ensure that there are noamendments to the particulars of sale or conditions relating to therelevant Lot or other matters relating to it. The telephone/proxybidder will be deemed to have knowledge of such amendmentsand will buy subject to them in any event.
If the telephone/proxy bidder wished to attend the Auction andbid in person they must notify the Auctioneer in writing and theAuctioneer will not make any bids on their behalf.
Anti Money Laundering Regulations require us by law to verify theidentity and address of everyone who offers, bids or buys atauction. If you intend to bid by Telephone / Proxy bid - we requiresight of the original documents or certified copies before the dayof auction. We are also required to dertermine whether our clients,family members, or close known associates are Politically ExposedPersons – please see the attached declaration. If we do not receivethese, we will be unable to bid on your behalf at auction. Pleasesee AML Notice and Registration form for further details.
Successful bidders will also be required to pay a non refundableBuyer’s administration fee in the sum of 1% + VAT (1.2% incl ofVAT) of sale price, subject to a minimum of £1,250 + VAT (£1,500incl of VAT), payable on the fall of the hammer (unless specifieddifferently in sale particulars) for each Lot purchased.
Please note all cheques are to be made payable to VenmoreAuctions.
Terms and Conditions for Telephone and Proxy Bidders
44
Common Auction Conditions (Third Edition)
INTRODUCTIONThe common auction conditions have three mainsections1. GlossaryThis gives special meanings to some words used in therest of the conditions2. Auction Conduct ConditionsThe Auction Conduct Conditions govern the relationshipbetween the auctioneer and anyone who has acatalogue, or who attends or bids at the auction. Theycannot be changed without the auctioneer’s agreement.3. Sale ConditionsThe Sale Conditions govern the agreement betweeneach seller and buyer. They include general conditionsof sale and template forms of special conditions of sale,tenancy and arrears schedules and sale memorandum.
IMPORTANT NOTICEA prudent buyer will, before bidding for a lot at anauction:• Take professional advice from a conveyancer and, in
appropriate cases, a chartered surveyor and anaccountant
• Read the conditions• Inspect the lot• Carry out usual searches and make usual enquiries• Check the content of all available leases and other
documents relating to the lot• Check that what is said about the lot in the catalogue
is accurate• Have finance available for the deposit and purchase
price• Check whether VAT registration and election is
advisable.The conditions assume that the buyer has acted like aprudent buyer. If you choose to buy a lot without takingthese normal precautions you do so at your own risk.
GLOSSARYThis glossary applies to the auction conduct conditionsand the sale conditions.Wherever it makes sense:• singular words can be read as plurals, and plurals as
singular words;• a person includes a corporate body;• words of one gender include the other genders;• references to legislation are to that legislation as it
may have been modified or re-enacted by the date ofthe auction or the contract date (as applicable); and
• where the following words printed in bold black typeappear in bold type they have the specified meanings.
Actual completion dateThe date when completion takes place or is treated astaking place for the purposes of apportionment andcalculating interest.AddendumAn amendment or addition to the conditions or to theparticulars or to both whether contained in asupplement to the catalogue, a written notice from theauctioneers or an oral announcement at the auction.Agreed completion dateSubject to condition G9.3:(a) the date specified in the special conditions; or(b) if no date is specified, 20 business days after thecontract date;but if that date is not a business day the first subsequentbusiness day.Approved financial institutionAny bank or building society that has signed up to theBanking Code or Business Banking Code or is otherwiseacceptable to the auctioneers.ArrearsArrears of rent and other sums due under the tenanciesand still outstanding on the actual completion date.Arrears scheduleThe arrears schedule (if any) forming part of the specialconditions.AuctionThe auction advertised in the catalogue.Auction conduct conditionsThe conditions so headed, including any extra auctionconduct conditions.AuctioneersThe auctioneers at the auction.Business dayAny day except (a) a Saturday or a Sunday; (b) a bankholiday in England and Wales; or (c) Good Friday orChristmas Day.
BuyerThe person who agrees to buy the lot or, if applicable,that person’s personal representatives: if two or moreare jointly the buyer their obligations can be enforcedagainst them jointly or against each of them separately.CatalogueThe catalogue to which the conditions refer includingany supplement to it.CompletionUnless otherwise agreed between seller and buyer (ortheir conveyancers) the occasion when both seller andbuyer have complied with their obligations under thecontract and the balance of the price is unconditionallyreceived in the seller’s conveyancer’s client account.ConditionOne of the auction conduct conditions or salesconditions. The contract by which the seller agrees to selland the buyer agrees to buy the lotContractThe contract by which the seller agrees to sell and thebuyer agrees to buy the lot.Contract dateThe date of the auction or, if the lot is not sold at theauction:(a) the date of the sale memorandum signed by boththe seller and buyer; or(b) if contracts are exchanged, the date of exchange. Ifexchange is not effected in person or by an irrevocableagreement to exchange made by telephone, fax orelectronic mail the date of exchange is the date onwhich both parts have been signed and posted orotherwise placed beyond normal retrieval.DocumentsDocuments of title (including, if title is registered, theentries on the register and the title plan) and otherdocuments listed or referred to in the special conditionsrelating to the lot.Financial chargeA charge to secure a loan or other financial indebtness(not including a rentcharge).General conditionsThat part of the sale conditions so headed, including anyextra general conditions.Interest rateIf not specified in the special conditions, 4% above thebase rate from time to time of Barclays Bank plc. (Theinterest rate will also apply to judgment debts, ifapplicable.) LotEach separate property described in the catalogue or (asthe case may be) the property that the seller has agreedto sell and the buyer to buy (including chattels, if any).Old arrearsArrears due under any of the tenancies that are not newtenancies as defined by the Landlord and Tenant(Covenants) Act 1995.ParticularsThe section of the catalogue that contains descriptionsof each lot (as varied by any addendum).PractitionerAn insolvency practitioner for the purposes of theInsolvency Act 1986 (or, in relation to jurisdictionsoutside the United Kingdom, any similar official).PriceThe price that the buyer agrees to pay for the lot.Ready to completeReady, willing and able to complete: if completionwouldenable the seller to discharge all financial chargessecured on the lot that have to be discharged bycompletion, then those outstanding financial charges donot prevent the seller from being ready to complete.Sale conditionsThe general conditions as varied by any specialconditions or addendum.Sale memorandumThe form so headed (whether or not set out in thecatalogue) in which the terms of the contract for the saleof the lot are recorded.SellerThe person selling the lot. If two or more are jointly theseller their obligations can be enforced against themjointly or against each of them separately.Special conditionsThose of the sale conditions so headed that relate to thelot.TenanciesTenancies, leases, licences to occupy and agreements forlease and any documents varying or supplemental tothem.
Tenancy scheduleThe tenancy schedule (if any) forming part of the specialconditionsTransferTransfer includes a conveyance or assignment (and totransfer includes to convey or to assign).TUPEThe Transfer of Undertakings (Protection ofEmployment) Regulations 2006.VATValue Added Tax or other tax of a similar nature.VAT optionAn option to tax.We (and us and our)The auctioneers.You (and your)Someone who has a copy of the catalogue or whoattends or bids at the auction, whether or not a buyer.
AUCTION CONDUCT CONDITIONSA1 IntroductionA1.1 Words in bold blue type have special meanings,which are defined in the Glossary.A1.2 The catalogue is issued only on the basis that youaccept these auction conduct conditions. They governour relationship with you and cannot be disapplied orvaried by the sale conditions (even by a conditionpurporting to replace the whole of the Common AuctionConditions). They can be varied only if we agree.A2 Our roleA2.1 As agents for each seller we have authority to:(a) prepare the catalogue from information supplied byor on behalf of each seller;(b) offer each lot for sale;(c) sell each lot;(d) receive and hold deposits;(e) sign each sale memorandum; and(f) treat a contract as repudiated if the buyer fails to signa sale memorandum or pay a deposit as required bythese auction conduct conditions.A2.2 Our decision on the conduct of the auction is final.A2.3 We may cancel the auction, or alter the order inwhich lots are offered for sale. We may also combine ordivide lots. A lotmay be sold or withdrawn from sale priorto the auction.A2.4 You acknowledge that to the extent permitted bylaw we owe you no duty of care and you have no claimagainst us for any loss.A3 Bidding and reserve pricesA3.1 All bids are to be made in pounds sterling exclusiveof any applicable VAT. A3.2 Wemay refuse to accept a bid. We do not have toexplain why.A3.3 If there is a dispute over bidding we are entitled toresolve it, and our decision is final.A3.4 Unless stated otherwise each lot is subject to areserve price (which may be fixed just before the lot isoffered for sale). If no bid equals or exceeds that reserveprice the lot will be withdrawn from the auction.A3.5 Where there is a reserve price the sellermay bid (orask us or another agent to bid on the seller’s behalf) upto the reserve price but may not make a bid equal to orexceeding the reserve price. You accept that it is possiblethat all bids up to the reserve price are bids made by oron behalf of the seller.A3.6 Where a guide price (or range of prices) is giventhat guide is the minimum price at which, or range ofprices within which, the seller might be prepared to sellat the date of the guide price. But guide prices maychange. The last published guide price will normally beat or above any reserve price, but not always – as theseller may fix the final reserve price just before biddingcommences.A4 The particulars and other informationA4.1 We have taken reasonable care to prepareparticulars that correctly describe each lot. Theparticulars are based on information supplied by or onbehalf of the seller. You need to check that theinformation in the particulars is correct. A4.2 If the special conditions do not contain adescription of the lot, or simply refer to the relevant lotnumber, you take the risk that the description containedin the particulars is incomplete or inaccurate, as theparticulars have not been prepared by a conveyancerand are not intended to form part of a legal contract.A4.3 The particulars and the sale conditionsmay changeprior to the auction and it is your responsibility to checkthat you have the correct versions.A4.4 If we provide information, or a copy of a document,provided by others we do so only on the basis that weare not responsible for the accuracy of that informationor document.
A5 The contractA5.1 A successful bid is one we accept as such (normallyon the fall of the hammer). This condition A5 applies toyou if you make the successful bid for a lot.A5.2 You are obliged to buy the lot on the terms of thesale memorandum at the price you bid plus VAT (ifapplicable).A5.3 You must before leaving the auction:(a) provide all information we reasonably need from youto enable us to complete the sale memorandum(including proof of your identity if required by us);(b) sign the completed sale memorandum; and(c) pay the deposit.A5.4 If you do not we may either:(a) as agent for the seller treat that failure as yourrepudiation of the contract and offer the lot for saleagain: the seller may then have a claim against you forbreach of contract; or(b) sign the sale memorandum on your behalf.A5.5 The deposit:(a) is to be held as stakeholder where VAT would bechargeable on the deposit were it to be held as agent forthe seller, but otherwise is to be held as stated in the saleconditions; and(b) must be paid in pounds sterling by cheque or bybankers’ draft made payable to us on an approvedfinancial institution. The extra auction conductconditions may state if we accept any other form ofpayment.A5.6 Wemay retain the sale memorandum signed by oron behalf of the seller until the deposit has been receivedin cleared funds.A5.7 If the buyer does not comply with its obligationsunder the contract then:(a) you are personally liable to buy the lot even if you areacting as an agent; and(b) you must indemnify the seller in respect of any lossthe seller incurs as a result of the buyer’s default.A5.8 Where the buyer is a company you warrant thatthe buyer is properly constituted and able to buy the lot.A6 Extra Auction Conduct ConditionsA6.1 Despite any special condition to the contrary theminimum deposit we accept is £2,000.00 or the totalprice, if less). A special condition may, however, requirea higher minimum deposit.GENERAL CONDITIONS OF SALEWords in bold blue type have special meanings, whichare defined in the Glossary.The general conditions (including any extra generalconditions) apply to the contract except to the extentthat they are varied by special conditions or by anaddendum.G1. The lotG1.1 The lot (including any rights to be granted orreserved, and any exclusions from it) is described in thespecial conditions, or if not so described the lot is thatreferred to in the sale memorandum.G1.2 The lot is sold subject to any tenancies disclosed bythe special conditions, but otherwise with vacantpossession on completion.G1.3 The lot is sold subject to all matters contained orreferred to in the documents, but excluding any financialcharges: these the seller must discharge on or beforecompletion.G1.4 The lot is also sold subject to such of the followingas may affect it, whether they arise before or after thecontract date and whether or not they are disclosed bythe seller or are apparent from inspection of the lot orfrom the documents: (a) matters registered or capable of registration as localland charges;(b) matters registered or capable of registration by anycompetent authority or under the provisions of anystatute;(c) notices, orders, demands, proposals andrequirements of any competent authority;(d) charges, notices, orders, restrictions, agreements andother matters relating to town and country planning,highways or public health;(e) rights, easements, quasi-easements, and wayleaves;(f) outgoings and other liabilities;(g) any interest which overrides, within the meaning ofthe Land Registration Act 2002;(h) matters that ought to be disclosed by the searchesand enquiries a prudent buyer would make, whether ornot the buyer has made them; and(i) anything the seller does not and could not reasonablyknow about.G1.5 Where anything subject to which the lot is soldwould expose the seller to liability the buyer is to complywith it and indemnify the seller against that liability.G1.6 The seller must notify the buyer of any notices,orders, demands, proposals and requirements of any
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competent authority of which it learns after the contractdate but the buyermust comply with them and keep theseller indemnified.G1.7 The lot does not include any tenant’s or tradefixtures or fittings.G1.8 Where chattels are included in the lot the buyertakes them as they are at completion and the seller isnot liable if they are not fit for use.G1.9 The buyer buys with full knowledge of:(a) the documents, whether or not the buyer has readthem; and(b) the physical condition of the lot and what couldreasonably be discovered on inspection of it, whether ornot the buyer has inspected it.G1.10 The buyer is not to rely on the informationcontained in the particulars but may rely on the seller’sconveyancer’s written replies to preliminary enquiries tothe extent stated in those replies.G2. DepositG2.1 The amount of the deposit is the greater of: (a) anyminimum deposit stated in the auction conductconditions (or the total price, if this is less than thatminimum); and(b) 10% of the price (exclusive of any VAT on the price).G2.2 The deposit(a) must be paid in pounds sterling by cheque orbanker’s draft drawn on an approved financial institution(or by any other means of payment that the auctioneersmay accept); and (b) is to be held as stakeholder unless the auctionconduct conditions provide that it is to be held as agentfor the seller.G2.3 Where the auctioneers hold the deposit asstakeholder they are authorised to release it (and intereston it if applicable) to the seller on completion or, ifcompletion does not take place, to the person entitledto it under the sale conditions.G2.4 If a cheque for all or part of the deposit is notcleared on first presentation the seller may treat thecontract as at an end and bring a claim against thebuyer for breach of contract.G2.5 Interest earned on the deposit belongs to the sellerunless the sale conditions provide otherwise.G3. Between contract and completionG3.1 Unless the special conditions state otherwise, theseller is to insure the lot from and including the contractdate to completion and:(a) produce to the buyer on request all relevant insurancedetails;(b) pay the premiums when due;(c) if the buyer so requests, and pays any additionalpremium, use reasonable endeavours to increase thesum insured or make other changes to the policy;(d) at the request of the buyer use reasonableendeavours to have the buyer’s interest noted on thepolicy if it does not cover a contracting purchaser;(e) unless otherwise agreed, cancel the insurance atcompletion, apply for a refund of premium and (subjectto the rights of any tenant or other third party) pay thatrefund to the buyer; and(f) (subject to the rights of any tenant or other thirdparty) hold on trust for the buyer any insurancepayments that the seller receives in respect of loss ordamage arising after the contract date or assign to thebuyer the benefit of any claim; and the buyer must on completion reimburse to theseller the cost of that insurance (to the extent notalready paid by the buyer or a tenant or other thirdparty) for the period from and including the contractdate to completion.G3.2 No damage to or destruction of the lot nor anydeterioration in its condition, however caused, entitlesthe buyer to any reduction in price, or to delaycompletion, or to refuse to complete.G3.3 Section 47 of the Law of Property Act 1925 doesnot apply.G3.4 Unless the buyer is already lawfully in occupationof the lot the buyer has no right to enter into occupationprior to completion.G4. Title and identityG4.1 Unless condition G4.2 applies, the buyer acceptsthe title of the seller to the lot as at the contract dateand may raise no requisition or objection except inrelation to any matter that occurs after the contractdate.G4.2 If any of the documents is not made availablebefore the auction the following provisions apply:(a) The buyermay raise no requisition on or objection toany of the documents that is made available before theauction.(b) If the lot is registered land the seller is to give to thebuyer within five business days of the contract date anofficial copy of the entries on the register and title
(c) If the lot is not registered land the seller is to give tothe buyer within five business days an abstract orepitome of title starting from the root of title mentionedin the special conditions (or, if none is mentioned, a goodroot of title more than fifteen years old) and mustproduce to the buyer the original or an examined copyof every relevant document.(d) If title is in the course of registration, title is to consistof certified copies of:(i) the application for registration of title made to theland registry;(ii) the documents accompanying that application;(iii) evidence that all applicable stamp duty land taxrelating to that application has been paid; and(iv) a letter under which the seller or its conveyanceragrees to use all reasonable endeavours to answer anyrequisitions raised by the land registry and to instruct theland registry to send the completed registrationdocuments to the buyer.(e) The buyer has no right to object to or makerequisitions on any title information more than sevenbusiness days after that information has been given tothe buyer.G4.3 Unless otherwise stated in the special conditionsthe seller sells with full title guarantee except that (andthe transfer shall so provide):(a) the covenant set out in section 3 of the Law ofProperty (Miscellaneous Provisions) Act 1994 shall notextend to matters recorded in registers open to publicinspection; these are to be treated as within the actualknowledge of the buyer; and(b) the covenant set out in section 4 of the Law ofProperty (Miscellaneous Provisions) Act 1994 shall notextend to any condition or tenant’s obligation relatingto the state or condition of the lot where the lot isleasehold property.G4.4 The transfer is to have effect as if expressly subjectto all matters subject to which the lot is sold under thecontract.G4.5 The seller does not have to produce, nor may thebuyer object to or make a requisition in relation to, anyprior or superior title even if it is referred to in thedocuments. G4.6 The seller (and, if relevant, the buyer) must produceto each other such confirmation of, or evidence of, theiridentity and that of their mortgagees and attorneys (ifany) as is necessary for the other to be able to complywith applicable Land Registry Rules when makingapplication for registration of the transaction to whichthe conditions apply.G5. TransferG5.1 Unless a form of transfer is prescribed by the specialconditions:(a) the buyermust supply a draft transfer to the seller atleast ten business days before the agreed completiondate and the engrossment (signed as a deed by thebuyer if conditionG5.2 applies) five business days beforethat date or (if later) two business days after the drafthas been approved by the seller; and(b) the seller must approve or revise the draft transferwithin five business days of receiving it from the buyer.G5.2 If the seller remains liable in any respect in relationto the lot (or a tenancy) following completion the buyeris specifically to covenant in the transfer to indemnifythe seller against that liability.G5.3 The seller cannot be required to transfer the lot toanyone other than the buyer, or by more than onetransfer.G6. CompletionG6.1 Completion is to take place at the offices of theseller’s conveyancer, or where the sellermay reasonablyrequire, on the agreed completion date. The seller canonly be required to complete on a business day andbetween the hours of 0930 and 1700.G6.2 The amount payable on completion is the balanceof the price adjusted to take account of apportionmentsplus (if applicable) VAT and interest.G6.3 Payment is to be made in pounds sterling and onlyby:(a) direct transfer to the seller’s conveyancer’s clientaccount; and(b) the release of any deposit held by a stakeholder.G6.4 Unless the seller and the buyer otherwise agree,completion cannot take place until both have compliedwith their obligations under the contract and thebalance of the price is unconditionally received in theseller’s conveyancer’s client account. G6.5 If completion takes place after 1400 hours for areason other than the seller’s default it is to be treated,for the purposes of apportionment and calculatinginterest, as if it had taken place on the next business day.G6.6 Where applicable the contract remains in forcefollowing completion.
G7. Notice to completeG7.1 The seller or the buyer may on or after the agreedcompletion date but before completion give the othernotice to complete within ten business days (excludingthe date on which the notice is given) making time ofthe essence.G7.2 The person giving the notice must be ready tocomplete.G7.3 If the buyer fails to comply with a notice tocomplete the seller may, without affecting any otherremedy the seller has:(a) terminate the contract; (b) claim the deposit and any interest on it if held by astakeholder;(c) forfeit the deposit and any interest on it;(d) resell the lot; and(e) claim damages from the buyer.G7.4 If the seller fails to comply with a notice tocomplete the buyer may, without affecting any otherremedy the buyer has:(a) terminate the contract; and(b) recover the deposit and any interest on it from theseller or, if applicable, a stakeholder.G8. If the contract is brought to an endIf the contract is lawfully brought to an end:(a) the buyer must return all papers to the seller andappoints the seller its agent to cancel any registration ofthe contract; and(b) the sellermust return the deposit and any interest onit to the buyer (and the buyer may claim it from thestakeholder, if applicable) unless the seller is entitled toforfeit the deposit under condition G7.3.G9. Landlord’s licenceG9.1 Where the lot is or includes leasehold land andlicence to assign is required this condition G9 applies.G9.2 The contract is conditional on that licence beingobtained, by way of formal licence if that is what thelandlord lawfully requires.G9.3 The agreed completion date is not to be earlierthan the date five business days after the seller has givennotice to the buyer that licence has been obtained.G9.4 The seller must:(a) use all reasonable endeavours to obtain the licenceat the seller’s expense; and(b) enter into any authorised guarantee agreementproperly required.G9.5 The buyer must:(a) promptly provide references and other relevantinformation; and(b) comply with the landlord’s lawful requirements.G9.6 If within three months of the contract date (or suchlonger period as the seller and buyer agree) the licencehas not been obtained the seller or the buyermay (if notthen in breach of any obligation under this conditionG9)by notice to the other terminate the contract at any timebefore licence is obtained. That termination is withoutprejudice to the claims of either seller or buyer for breachof this condition G9.G10. Interest and apportionmentsG10.1 If the actual completion date is after the agreedcompletion date for any reason other than the seller’sdefault the buyer must pay interest at the interest rateon the price (less any deposit paid) from the agreedcompletion date up to and including the actualcompletion date.G10.2 Subject to condition G11 the seller is not obligedto apportion or account for any sum at completionunless the seller has received that sum in cleared funds.The seller must pay to the buyer after completion anysum to which the buyer is entitled that the sellersubsequently receives in cleared funds.G10.3 Income and outgoings are to be apportioned atactual completion date unless:(a) the buyer is liable to pay interest; and(b) the seller has given notice to the buyer at any timeup to completion requiring apportionment on the datefrom which interest becomes payable by the buyer; inwhich event income and outgoings are to beapportioned on the date from which interest becomespayable by the buyer.G10.4 Apportionments are to be calculated on the basisthat:(a) the seller receives income and is liable for outgoingsfor the whole of the day on which apportionment is tobe made;(b) annual income and expenditure accrues at an equaldaily rate assuming 365 days in a year, and income andexpenditure relating to some other period accrues at anequal daily rate during the period to which it relates; and(c) where the amount to be apportioned is not known atcompletion apportionment is to be made by referenceto a reasonable estimate and further payment is to bemade by seller or buyer as appropriate within five
business days of the date when the amount is known.G11. ArrearsPart 1 Current rentG11.1 Current rent means, in respect of each of thetenancies subject to which the lot is sold, the instalmentof rent and other sums payable by the tenant in advanceon the most recent rent payment date on or within fourmonths preceding completion.G11.2 If on completion there are any arrears of currentrent the buyer must pay them, whether or not details ofthose arrears are given in the special conditions.G11.3 Parts 2 and 3 of this condition G11 do not applyto arrears of current rent.Part 2 Buyer to pay for arrearsG11.4 Part 2 of this condition G11 applies where thespecial conditions give details of arrears.G11.5 The buyer is on completion to pay, in addition toany other money then due, an amount equal to allarrears of which details are set out in the specialconditions.G11.6 If those arrears are not old arrears the seller is toassign to the buyer all rights that the seller has to recoverthose arrears.Part 3 Buyer not to pay for arrearsG11.7 Part 3 of this condition G11 applies where thespecial conditions:(a) so state; or(b) give no details of any arrears.G11.8 While any arrears due to the seller remain unpaidthe buyer must:(a) try to collect them in the ordinary course ofmanagement but need not take legal proceedings orforfeit the tenancy;(b) pay them to the seller within five business days ofreceipt in cleared funds (plus interest at the interest ratecalculated on a daily basis for each subsequent day’sdelay in payment);(c) on request, at the cost of the seller, assign to the selleror as the seller may direct the right to demand and suefor old arrears, such assignment to be in such form as theseller’s conveyancer may reasonably require;(d) if reasonably required, allow the seller’s conveyancerto have on loan the counterpart of any tenancy againstan undertaking to hold it to the buyer’s order;(e) not without the consent of the seller release anytenant or surety from liability to pay arrears or accept asurrender of or forfeit any tenancy under which arrearsare due; and(f) if the buyer disposes of the lot prior to recovery of allarrears obtain from the buyer’s successor in title acovenant in favour of the seller in similar form to part 3of this condition G11.G11.9 Where the seller has the right to recover arrears itmust not without the buyer’s written consent bringinsolvency proceedings against a tenant or seek theremoval of goods from the lot.G12. ManagementG12.1 This condition G12 applies where the lot is soldsubject to tenancies.G12.2 The seller is to manage the lot in accordance withits standard management policies pending completion.G12.3 The seller must consult the buyer on allmanagement issues that would affect the buyer aftercompletion (such as, but not limited to, an applicationfor licence; a rent review; a variation, surrender,agreement to surrender or proposed forfeiture of atenancy; or a new tenancy or agreement to grant a newtenancy) and:(a) the seller must comply with the buyer’s reasonablerequirements unless to do so would (but for theindemnity in paragraph (c)) expose the seller to a liabilitythat the seller would not otherwise have, in which casethe seller may act reasonably in such a way as to avoidthat liability; (b) if the seller gives the buyer notice of the seller’sintended act and the buyer does not object within fivebusiness days giving reasons for the objection the sellermay act as the seller intends; and(c) the buyer is to indemnify the seller against all loss orliability the seller incurs through acting as the buyerrequires, or by reason of delay caused by the buyer.G13. Rent depositsG13.1 This condition G13 applies where the seller isholding or otherwise entitled to money by way of rentdeposit in respect of a tenancy. In this condition G13rent deposit deed means the deed or other documentunder which the rent deposit is held.G13.2 If the rent deposit is not assignable the sellermuston completion hold the rent deposit on trust for thebuyer and, subject to the terms of the rent deposit deed,comply at the cost of the buyer with the buyer’s lawfulinstructions.G13.3 Otherwise the seller must on completion pay and
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Common Auction Conditions (Third Edition)
assign its interest in the rent deposit to the buyer underan assignment in which the buyer covenants with theseller to:(a) observe and perform the seller’s covenants andconditions in the rent deposit deed and indemnify theseller in respect of any breach;(b) give notice of assignment to the tenant; and(c) give such direct covenant to the tenant as may berequired by the rent deposit deed.G14. VATG14.1 Where a sale condition requires money to be paidor other consideration to be given, the payer must alsopay any VAT that is chargeable on that money orconsideration, but only if given a valid VAT invoice.G14.2 Where the special conditions state that no VAToption has been made the seller confirms that none hasbeen made by it or by any company in the same VATgroup nor will be prior to completion.G15. Transfer as a going concernG15.1 Where the special conditions so state:(a) the seller and the buyer intend, and will take allpracticable steps (short of an appeal) to procure, thatthe sale is treated as a transfer of a going concern; and(b) this condition G15 applies.G15.2 The seller confirms that the seller (a) is registeredfor VAT, either in the seller’s name or as a member of thesame VAT group; and(b) has (unless the sale is a standard-rated supply) madein relation to the lot a VAT option that remains valid andwill not be revoked before completion.G15.3 The buyer confirms that:(a) it is registered for VAT, either in the buyer’s name oras a member of a VAT group;(b) it has made, or will make before completion, a VAToption in relation to the lot and will not revoke it beforeor within three months after completion;(c) article 5(2B) of the Value Added Tax (SpecialProvisions) Order 1995 does not apply to it; and(d) it is not buying the lot as a nominee for anotherperson.G15.4 The buyer is to give to the seller as early aspossible before the agreed completion date evidence:(a) of the buyer’s VAT registration;(b) that the buyer has made a VAT option; and(c) that the VAT option has been notified in writing toHM Revenue and Customs; and if it does not producethe relevant evidence at least two business days beforethe agreed completion date, condition G14.1 applies atcompletion.G15.5 The buyer confirms that after completion thebuyer intends to:(a) retain and manage the lot for the buyer’s ownbenefit as a continuing business as a going concernsubject to and with the benefit of the tenancies; and(b) collect the rents payable under the tenancies andcharge VAT on them G15.6 If, after completion, it is found that the sale of thelot is not a transfer of a going concern then:(a) the seller’s conveyancer is to notify the buyer’sconveyancer of that finding and provide a VAT invoicein respect of the sale of the lot;(b) the buyer must within five business days of receiptof the VAT invoice pay to the seller the VAT due; and(c) if VAT is payable because the buyer has not compliedwith this condition G15, the buyer must pay andindemnify the seller against all costs, interest, penaltiesor surcharges that the seller incurs as a result.G16. Capital allowancesG16.1 This condition G16 applies where the specialconditions state that there are capital allowancesavailable in respect of the lot.G16.2 The seller is promptly to supply to the buyer allinformation reasonably required by the buyer inconnection with the buyer’s claim for capital allowances.G16.3 The value to be attributed to those items on whichcapital allowances may be claimed is set out in thespecial conditions.G16.4 The seller and buyer agree:(a) to make an election on completion under Section198 of the Capital Allowances Act 2001 to give effect tothis condition G16; and(b) to submit the value specified in the special conditionsto HM Revenue and Customs for the purposes of theirrespective capital allowance computations.G17. Maintenance agreementsG17.1 The seller agrees to use reasonable endeavoursto transfer to the buyer, at the buyer’s cost, the benefitof the maintenance agreements specified in the specialconditions. G17.2 The buyer must assume, and indemnify the sellerin respect of, all liability under such contracts from theactual completion date.G18. Landlord and Tenant Act 1987
G18.1 This condition G18 applies where the sale is arelevant disposal for the purposes of part I of theLandlord and Tenant Act 1987.G18.2 The seller warrants that the seller has compliedwith sections 5B and 7 of that Act and that the requisitemajority of qualifying tenants has not accepted theoffer.G19. Sale by practitionerG19.1 This condition G19 applies where the sale is by apractitioner either as seller or as agent of the seller.G19.2 The practitioner has been duly appointed and isempowered to sell the lot.G19.3 Neither the practitioner nor the firm or anymember of the firm to which the practitioner belongshas any personal liability in connection with the sale orthe performance of the seller’s obligations. The transferis to include a declaration excluding that personalliability.G19.4 The lot is sold:(a) in its condition at completion;(b) for such title as the seller may have; and(c) with no title guarantee; and the buyer has no right toterminate the contract or any other remedy ifinformation provided about the lot is inaccurate,incomplete or missing.G19.5 Where relevant:(a) the documentsmust include certified copies of thoseunder which the practitioner is appointed, the documentof appointment and the practitioner’s acceptance ofappointment; and(b) the sellermay require the transfer to be by the lenderexercising its power of sale under the Law of PropertyAct 1925.G19.6 The buyer understands this condition G19 andagrees that it is fair in the circumstances of a sale by apractitioner.G20. TUPEG20.1 If the special conditions state There are noemployees to which TUPE applies, this is a warranty bythe seller to this effect.G20.2 If the special conditions do not state There are noemployees to which TUPE applies the followingparagraphs apply:(a) The seller must notify the buyer of those employeeswhose contracts of employment will transfer to the buyeron completion (the Transferring Employees). Thisnotification must be given to the buyer not less than 14days before completion.(b) The buyer confirms that it will comply with itsobligations under TUPE and any special conditions inrespect of the Transferring Employees.(c) The buyer and the seller acknowledge that pursuantand subject to TUPE, the contracts of employmentbetween the Transferring Employees and the seller willtransfer to the buyer on completion.(d) The buyer is to keep the seller indemnified against allliability for the Transferring Employees after completion.G21. EnvironmentalG21.1 This conditionG21 only applies where the specialconditions so provide.G21.2 The seller has made available such reports as theseller has as to the environmental condition of the lotand has given the buyer the opportunity to carry outinvestigations (whether or not the buyer has read thosereports or carried out any investigation) and the buyeradmits that the price takes into account theenvironmental condition of the lot.G21.3 The buyer agrees to indemnify the seller in respectof all liability for or resulting from the environmentalcondition of the lot.G22. Service ChargeG22.1 This condition G22 applies where the lot is soldsubject to tenancies that include service chargeprovisions.G22.2 No apportionment is to be made at completionin respect of service charges.G22.3 Within two months after completion the sellermust provide to the buyer a detailed service chargeaccount for the service charge year current oncompletion showing:(a) service charge expenditure attributable to eachtenancy;(b) payments on account of service charge received fromeach tenant;(c) any amounts due from a tenant that have not beenreceived;(d) any service charge expenditure that is notattributable to any tenancy and is for that reasonirrecoverable.G22.4 In respect of each tenancy, if the service chargeaccount shows that:(a) payments on account (whether received or still thendue from a tenant) exceed attributable service charge
expenditure, the sellermust pay to the buyer an amountequal to the excess when it provides the service chargeaccount;(b) attributable service charge expenditure exceedspayments on account (whether those payments havebeen received or are still then due), the buyer must useall reasonable endeavours to recover the shortfall fromthe tenant at the next service charge reconciliation dateand pay the amount so recovered to the seller within fivebusiness days of receipt in cleared funds; but in respectof payments on account that are still due from a tenantcondition G11 (arrears) applies.G22.5 In respect of service charge expenditure that isnot attributable to any tenancy the seller must pay theexpenditure incurred in respect of the period beforeactual completion date and the buyer must pay theexpenditure incurred in respect of the period after actualcompletion date. Any necessary monetary adjustmentis to be made within five business days of the sellerproviding the service charge account to the buyer.G22.6 If the seller holds any reserve or sinking fund onaccount of future service charge expenditure or adepreciation fund:(a) the seller must pay it (including any interest earnedon it) to the buyer on completion; and(b) the buyer must covenant with the seller to hold it inaccordance with the terms of the tenancies and toindemnify the seller if it does not do so.G23. Rent reviewsG23.1 This condition G23 applies where the lot is soldsubject to a tenancy under which a rent review due onor before the actual completion date has not beenagreed or determined.G23.2 The seller may continue negotiations or rentreview proceedings up to the actual completion date butmay not agree the level of the revised rent or commencerent review proceedings without the written consent ofthe buyer, such consent not to be unreasonably withheldor delayed.G23.3 Following completion the buyer must completerent review negotiations or proceedings as soon asreasonably practicable but may not agree the level ofthe revised rent without the written consent of the seller,such consent not to be unreasonably withheld ordelayed.G23.4 The seller must promptly:(a) give to the buyer full details of all rent reviewnegotiations and proceedings, including copies of allcorrespondence and other papers; and(b) use all reasonable endeavours to substitute the buyerfor the seller in any rent review proceedings.G23.5 The seller and the buyer are to keep each otherinformed of the progress of the rent review and haveregard to any proposals the other makes in relation to it.G23.6 When the rent review has been agreed ordetermined the buyermust account to the seller for anyincreased rent seller’s period of ownership within fivebusiness days of receipt of cleared funds.G23.7 If a rent review is agreed or determined beforecompletion but the increased rent and any interestrecoverable from the tenant has not been received bycompletion the increased rent and any interestrecoverable is to be treated as arrears.G23.8 The seller and the buyer are to bear their owncosts in relation to rent review negotiations andproceedings.G24. Tenancy renewalsG24.10 This condition G24 applies where the tenantunder a tenancy has the right to remain in occupationunder part II of the Landlord and Tenant Act 1954 (asamended) and references to notices and proceedingsare to notices and proceedings under that Act.G24.20 Where practicable, without exposing the sellerto liability or penalty, the seller must not without thewritten consent of the buyer (which the buyer must notunreasonably withhold or delay) serve or respond to anynotice or begin or continue any proceedings.G24.30 If the seller receives a notice the seller must senda copy to the buyer within five business days and act asthe buyer reasonably directs in relation to it.G24.4 Following completion the buyer must:(a) with the co-operation of the seller take immediatesteps to substitute itself as a party to any proceedings;(b) use all reasonable endeavours to conclude anyproceedings or negotiations for the renewal of thetenancy and the determination of any interim rent assoon as reasonably practicable at the best rent or rentsreasonably obtainable; and(c) if any increased rent is recovered from the tenant(whether as interim rent or under the renewed tenancy)account to the seller for the part of that increase thatrelates to the seller’s period of ownership of the lotwithin five business days of receipt of cleared funds.
G24.5 The seller and the buyer are to bear their own
costs in relation to the renewal of the tenancy and any
proceedings relating to this.
G25. Warranties
G25.1 Available warranties are listed in the special
conditions.
G25.2 Where a warranty is assignable the seller must:
(a) on completion assign it to the buyer and give notice
of assignment to the person who gave the warranty; and
(b) apply for (and the seller and the buyer must use all
reasonable endeavours to obtain) any consent to assign
that is required. If consent has not been obtained by
completion the warranty must be assigned within five
business days after the consent has been obtained.
G25.3 If a warranty is not assignable the seller must
after completion:
(a) hold the warranty on trust for the buyer; and
(b) at the buyer’s cost comply with such of the lawful
instructions of the buyer in relation to the warranty as
do not place the seller in breach of its terms or expose
the seller to any liability or penalty.
G26. No assignment
The buyer must not assign, mortgage or otherwise
transfer or part with the whole or any part of the buyer’s
interest under this contract.
G27. Registration at the Land Registry
G27.1 This condition G27.1 applies where the lot is
leasehold and its sale either triggers first registration or
is a registrable disposition. The buyer must at its own
expense and as soon as practicable:
(a) procure that it becomes registered at Land Registry
as proprietor of the lot;
(b) procure that all rights granted and reserved by the
lease under which the lot is held are properly noted
against the affected titles; and
(c) provide the seller with an official copy of the register
relating to such lease showing itself registered as
proprietor.
G27.2 This condition G27.2 applies where the lot
comprises part of a registered title. The buyermust at its
own expense and as soon as practicable:
(a) apply for registration of the transfer;
(b) provide the seller with an official copy and title plan
for the buyer’s new title; and
(c) join in any representations the seller may properly
make to Land Registry relating to the application.
G28. Notices and other communications
G28.1 All communications, including notices, must be in
writing. Communication to or by the seller or the buyer
may be given to or by their conveyancers.
G28.2 A communication may be relied on if:
(a) delivered by hand; or
(b) made electronically and personally acknowledged
(automatic acknowledgement does not count); or
(c) there is proof that it was sent to the address of the
person to whom it is to be given (as specified in the sale
memorandum) by a postal service that offers normally
to deliver mail the next following business day.
G28.3 A communication is to be treated as received:
(a) when delivered, if delivered by hand; or
(b) when personally acknowledged, if made
electronically; but if delivered or made after 1700 hours
on a business day a communication is to be treated as
received on the next business day.
G28.4 A communication sent by a postal service that
offers normally to deliver mail the next following
business day will be treated as received on the second
business day after it has been posted.
G29. Contracts (Rights of Third Parties) Act 1999
No one is intended to have any benefit under the
contract pursuant to the Contract (Rights of Third
Parties) Act 1999.
Merseyside Area Map
You can use the map below as a guide to find the location of our properties
CH
WA
WA
L38
L23
L22L21
L30
L31
L33L32
L10L9
L4
L5L3L2L1
L6
L7L13
L11
L12
L34
L36
L35
L26
L27
L25
L24
L19
L18
L16L15
L17
L8
L14
L20
L29
M58
M57
M62
M53
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