at the radisson blu portman hotel 22 portman square london ... · wednesday 29th february 2012 at...

WEDNESDAY 29TH FEBRUARY 2012

At TheRadisson Blu Portman Hotel22 Portman SquareLondon W1H 7BG

Commencing at12.00 p.m.

Light refreshments served at 11.30 a.m.

AuctioneersJ. Barnett FRICSJ. L. G. Ross MRICS Tel: 020 8492 9449 Fax: 020 8492 7373

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BARNETT ROSS_290212_OFC.indd 1 08/02/2012 10:29

Notice to all Bidders

1. Please note the General Conditions of Sale which are included with this catalogue and the Special Conditions of Sale which are available on request. An Addendum will be made available on the AuctionDay and the bidder should check whether the lot which he/she is interested in bidding for is included.

2. Prospective purchasers are assumed to have inspected the properties in which they are interested andto have made all usual pre-contract searches and enquiries.

3. The successful Bidder is Bound under Contract as soon as the Auctioneer’s gavel falls on his/herfinal bid. Immediately thereafter the successful Bidder will be handed a Form to fill out supplying detailsof his/her name and address together with (if different) the name and address of the purchaser andthose of his/her solicitors. He/she must also supply a cheque for the deposit, which we will hold atour office. The bidder will be given our bank account details and must arrange to transfer thedeposit monies to our client bank account the following day by way of a ‘same day CHAPSpayment.’ Once these funds are received we will return the bidder’s cheque by post.

4. The information from the Form will be used to complete a memorandum of contract similar to the oneat the back of this catalogue which the purchaser must sign and hand to the Auctioneer’s staff prior to leaving the room.

5. If the Purchaser’s memorandum of contract is not signed, the Auctioneer, or any person authorised bythem, will sign the memorandum of contract on behalf of the Bidder/Purchaser.

6. The Auctioneers endeavour to have copies of title documents, leases, licences etc. and a local search available for inspection at their offices and in the auction room. It is recommended that anyone wishingto inspect such documents should telephone first to ensure that the required documents are available.

7. If any Bidders are intending to come to the Auction for a specific lot they are advised to checkwith the Auctioneers on the morning of the sale to ensure that the particular lot will be offeredat the Auction. The Auctioneers will endeavour to avoid last-minute sales but on rare occasionsthe situation may be out of their control.

8. Some plans or extracts from plans in this catalogue are based upon the Ordnance Survey Map with the sanction of the Controller of H.M. Stationery Office Crown Copyright reserved.

9. Where guide prices are printed they are not intended to be an indication of the reserve price. They are simply intended to be the Auctioneer’s opinion at the time of printing the catalogue of the approximate range of the likely sale price. However, auction prices are impossible to predict accurately and theeventual price will in some cases be higher or lower than the guide indicated.

10. If a Bidder cannot attend the Auction and wishes to make a telephone or proxy bid, thenarrangements should be made on a form available from the Auctioneers prior to the sale.

11. The purchaser is usually responsible for insurance on the property as and from exchange of contracts.We are usually aware of the existing cover and can often arrange cover immediately on the day atattractive rates.

12. All bidders are advised to read the Special Conditions of Sale and/or addendum which may refer to additional charges payable by purchasers.

13. The Buyer or Bidder will be liable to pay Barnett Ross Ltd a non-refundable Administration Fee of £275 (including VAT) unless otherwise stated on the Particulars of Sale. This Fee will be payable on exchangeof contracts.

14. In respect of Lots 5, 13, 49, 50 and 51 there is a disclosure under the Estate Agents Act 1979 containedin the Special Conditions of Sale.

15. PROOF OF IDENTIFICATION – The purchaser and/or bidder is to provide original documentation toconfirm proof of name and address. Please refer to Page 1 opposite for acceptable documentation.

Proof of IdentityThe purchaser and the bidder is to provide one original document from each column together with a copy for us to attach to the contract:

Mailing ListIf you are not already on our mailing list, then please send your details by fax, post or e-mail and you will be added to the list.

Telephone Bidding 020 8492 9449If you wish to bid by telephone or instruct us to bid on your behalf, this canonly be done by requesting a Telephone Bidding Form from us.This must be done in good time to return to us, with your deposit cheque, three days before the Auction.Contact any member of the Auction Team on 020 8492 9449 to request a form.

Follow the Auction Live on the InternetVisit www.eigroup.co.uk and select ‘Online Auctions’.Choose ‘Barnett Ross’ and then ‘Viewing Gallery’. You will then seedetails of the lot being offered and can watch the bidding as it happens.It is not possible to bid from the screen.

Auction Live Link 09067 591 404Dial this number to listen to the auctioneer as he is selling the Lots.You cannot bid on this service.(Calls are charged at 77p per minute at all times.)

Auction Results FAX LINE 09067 591 147To receive the results after the auction dial the above number fromthe handset of a fax machine. If you do not have a handset, set themachine to “Poll Receive” mode. (Calls are charged at77p per minute at all times.) Service provided byThe Essential Information Group 0870 112 3040

Barnett Ross Web SiteShould you wish to access details of past auctions, or obtain information about any of the services that we can offer, please visit our website at

www.barnettross.co.uk

Proof of name• Passport• Photocard Driver’s Licence

Proof of address• Driver’s Licence (with or without a photo)• A utility bill issued within the last three

months (excluding mobile phone bill)

On-Line Live

AUCTION

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A 55 High Street, Sutton, Surrey Sutton Surrey

1 76a Fortune Green Road West Hampstead London NW6

2 66 High Street Hampton Hill Middlesex

3 Plumb Center, 32 Shap Road Kendal Cumbria

4 6 Lansdowne Road Bournemouth Dorset

5 60/62 Drake Street Rochdale Lancashire

6 61/61a Station Road Birchington Kent

7 24/24a Fillebrook Avenue Enfield Middlesex

8 44 Glengall Road Edgware Middlesex

9 2 Station Parade Cockfosters Hertfordshire

10 14-16 High Road Beeston Nottinghamshire

11 5 Brownlow Road Bounds Green London N11

12 13 The Parade Pagham West Sussex

13 29/31 Maclure Road Rochdale Lancashire

14 14 Finkin Street Grantham Lincolnshire

15 317 Hale Lane Edgware Middlesex

16 16 Market Street Crewe Cheshire

17 11 High Street Barnet Hertfordshire

18 66 Parkhurst Road Friern Barnet London N11

19 Flat 22 Thanet Lodge, 10 Mapesbury Road Cricklewood London NW2

20 37 Kings Road St Leonards-on-Sea East Sussex

21 110 Willoughby Road, Langley Slough Berkshire

22 88 Leather Lane Clerkenwell London EC1

23 5 Dudley Street Kidderminster Worcestershire

24 8 Pinchbeck Road Spalding Lincolnshire

25 Michael House, 55/57 Chase Side Southgate London N14

26 The Mariners Rest, 60/62 Rotterdam Road Lowestoft Suffolk

ORDER OF SALE

COMMENCING 12 P.M.

LOT

2

27 10 Adastral Square, Canford Heath Poole Dorset

28 29 Wynyard Road Hartlepool Cleveland

29 73/73a Victoria Road Scarborough North Yorkshire

30 11 High Street Hucknall Nottinghamshire

31 164 Conway Road Llandudno Conwy

32 46 Upton Road, Claughton Birkenhead Merseyside

33 72 Dalton Road Barrow-In-Furness Cumbria

34 6-12 Fountain Street Manchester Greater Manchester

35 5-7 Mill Lane, Parbold Wigan Lancashire

36 7 Abbots Terrace Crouch End London N8

37 71/71a Victoria Road Scarborough North Yorkshire

38 3-7 (odd) & 15-19 (odd) Orbital Crescent Watford Hertfordshire

39 13/15 High Street Hucknall Nottinghamshire

40 Units 1 to 5 Moilliett Court, Soho Way, Smethwick Birmingham West Midlands

41 17 Woodchurch Road West Hampstead London NW6

42 Car Park at 49 West Street Boston Lincolnshire

43 Land at North Circular Road Park Royal London NW10

44 52 High Street, Brierley Hill Dudley West Midlands

45 38 Church Street, Wolverton Milton Keynes Buckinghamshire

46 2 North Bridge Street Sunderland Tyne & Wear

47 310 Bolton Road Blackburn Lancashire

48 40-52 Seaside Road Eastbourne East Sussex

49 9/17 (odd) Water Street Rochdale Lancashire

50 14/24 (even) Whittaker Lane Prestwich Lancashire

51 26/30 (even) Whittaker Lane Prestwich Lancashire

52 Portfolio of 12 Lock-Up Garages St Helens Merseyside

LOT

3

Copy Legal DocumentationTo obtain an immediate download:

If you wish to obtain the Special Conditions and/or the Legal Documents in respect of any lot please go to www.barnettross.co.uk,then on our Home Page click on ‘Next Auction’, then click on the relevant lot number and finally click on ‘Request Legal Pack’.

The Special Condition of Sale, when available, are free to download. To download the Legal Documents, when available, there will be a charge of £25 including VAT.

All documents which are received by Barnett Ross from the Vendors’ Solicitors subsequent to your initial request will be dispatched atno extra charge. Prospective purchasers are advised to check whether any such outstanding documents have been received.

Where available, a Document Pack for each lot can be inspected at the Auction Sale.

For further legal enquiries, please contact the relevant Vendor’s Solicitor whose details are printed on each lot page.

Please refer to the Notice to all Bidders, inside this catalogue, and also the General Conditions of Sale referred to at the end of the catalogue in relation to all legal matters.

To obtain a paper copy by post:

If you would like to order a hard copy of the legal documents please complete and returnthe following form to:Legal Department, The Ark Design & Print Ltd, Pudsey Business Park, 47 Kent Road, Leeds LS28 9BB or fax 0113 256 8724 or call 0113 256 8712.

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

Please complete the form below using BLOCK CAPITALS:

In respect of lot(s) .........................................................................................................................................................................................................................................................................................

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

Company ...............................................................................................................................................................................................................................................................................................................

Address ....................................................................................................................................................................................................................................................................................................................

......................................................................................................................................................................................... Post code ....................................................................................................................

Telephone ......................................................................................................................................................... Email ................................................................................................................................

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

■ Please debit £ ………………………………… from my ■ Mastercard ■ Visa

Card number

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

Name as it appears on the card .............................................................................................. Signature .....................................................................................................................

Expiry date ………………………… / …………………………

Card address (if different from above) .................................................................................................................................................................................................................................

......................................................................................................................................................................................... Post code ....................................................................................................................

Telephone .............................................................................................................................................................................................................................................................................................................

LegalsAUCTION

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theArkdesign & print

*Delete as appropriate

4

You deserve theright finance foryour property,right in every respect!

Property underthe hammer...

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T: 020 7616 6620 E: [email protected] W: www.asc.co.ukT: 020 7616 6620 E: [email protected] W: www.asc.co.uk

0.99% per 30 days. The overall cost for comparison is 12.4% APR. No arrangement fees, no extension fees and no end fees. You speak to the people that make the decisions, a quick and personal service.

020 7655 3388acceptances.co.uk

Competitive rates, talk to us

Your property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. A rate of 0.99% will be chargeable on the amount borrowed every 30 days. However rates are subject to change and will increase or decrease in line with movements in 3m LIBOR (The London Inter-Bank Offered Rate For Three Month Sterling Deposits). Rates will be adjusted on each 30 day anniversary of the facility. The overall cost for comparison is 12.4% APR. A £200 admin fee will be payable on completion of the bridging loan.

Authorised and regulated by the financial Services Authority in respect of regulated mortgage contracts. Second charge lending may be regulated under the consumer credit act.

✼ Buildings insurance

✼ Competitive Premiums

✼ Household Name Insurer

✼ Comprehensive Cover

✼ Personal, Efficient Service

Speak to us at the auctionor call Jonathan Ross

On 020 8492 9449to discuss your requirements.

Need Immediate Cover?

VENDOR’S SOLICITORS Hill Dickinson – Tel: 0151 600 8806Ref: T Houghton Esq – Email: [email protected]

General Conditions and Memorandum As per Barnett Ross Catalogue 29th February 2012

The successful Buyer will be liable to pay the Auctioneers an administrationfee of £275 (including VAT) per lot upon exchange of contracts

LOT

A55 High Street, Sutton, Surrey SM1 1DT

Reserve Below£550,000

(GROSS YIELD 9%)

SITUATIONOccupying a prominent trading position within this pedestrianised High Street, adjacent to Lloyds TSB, opposite Yorkshire Building Society and Greggs, and amongst such other multiples as Barclays, Caffé Nero, Subway, Wilkinson, Waterstones, Starbucks, Game and many others.Sutton lies some 10 miles south west of Central London and benefits from excellent road and rail links.

VAT is payable in respect of this Lot

PROPERTYA mid terraced building comprising a Deep Ground Floor Shop with separate rear access to Residential Accommodation on the Upper Floors.

FREEHOLD

Note 1: The property is currently being prepared by the Vendor prior to fit out works by Done Brothers (Cash Betting) Ltd as per signed Agreement for Lease.

The Surveyors dealing with this property areSTEVEN GROSSMAN and NICHOLAS BORD

Brook Point 1412 High Road, Whetstone, London N20 9BHTel: 020 8492 9449 Fax: 020 8492 7373

£50,000 per annum

FREEHOLD FOR SALE BY PUBLIC AUCTION

WEDNESDAY 29TH FEBRUARY 2012 AT 1 PM

(UNLESS SOLD PRIOR)

AT THE RADISSON BLU PORTMAN HOTEL,

22 PORTMAN SQUARE, LONDON W1H 7BG

TENANCIES & ACCOMMODATIONProperty Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks

Ground Floor Shop Gross Frontage 17'8"Internal Width 15'10"Built Depth 88'9"

Done Brothers (Cash Betting) Ltd t/a Betfred (Having over 750 branches)(T/O for Y/E 27/3/11 £4.1bn, Pre-Tax Profit £15.5m and Net Worth £48.9m)

10 years from Completion(See Note 1)

£50,000(See Note 2)

FRINote 2: There will be a 3 month rent free period from commencemnt of the lease and the Vendor will make up this shortfall on completion.

First & Second Floor Residential Accommodation –Not Inspected

D R Prime Retail Ltd 999 years from completion

Peppercorn FRI

TOTAL £50,000

Artist’s impression of fascia

LOT

A55 High Street, Sutton, Surrey SM1 1DT

Brook Point 1412 High Road, Whetstone, London N20 9BHTel: 020 8492 9449 Fax: 020 8492 7373

© CROWN COPYRIGHT. All rights reserved. Licence number 100040809 – Plan not to scale

The Property

LOT 1 76a Fortune Green Road, West Hampstead, London NW6 1DS

Guide Price £350,000

BY ORDER OF LPA RECEIVERS

SITUATIONLocated in an excellent position in this popular residential area close to the busy shops, bars and restaurants on West End Lane and only a short distance from Hampstead and Golders Green.

PROPERTYForming the upper parts of a terraced property comprising 6 Self-Contained Studio Flats.

VAT is NOT payable in respect of this Lot

FLYING FREEHOLD offered with FULL VACANT POSSESSION (see Note 1)

ACCOMMODATION6 Flats: Each Living Area/Kitchenette, Shower Room/WC (see Note 1)

Note 1: Flat 1 was previously occupied on an AST for a term of 1 year from 10th June 2010 at a rental of £9,480 per annum. Notice was served requiring possession expiring 9th October 2011. No rent has been requested or received in the intervening period therefore no warranty is given that the tenant has vacated the premises.

Note 2: This lot was sold in our October 2011 Auction, but did not complete due to an issue regarding the Title to a rear section which is not now being included in the property being sold.

6 Vacant Studio Flats (see Note 1)

JOINT AUCTIONEERSColliers International

VENDOR’S SOLICITORSWalker Morris – Tel: 0113 283 2500

Ref: S. Young Esq. – Email: [email protected] The Surveyors dealing with this property areMATTHEW BERGER and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE

The successful Buyer will be liable to pay the Auctioneers an administrationfee of £275 (including VAT) upon exchange of contracts

6 WEEK COMPLETION

76A FORTUNE GREEN ROAD.indd 1 08/02/2012 12:32

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LOT 2 66 High Street, Hampton Hill, Middlesex TW12 1NY


IN SAME OWNERSHIP FOR OVER 20 YEARS

SITUATIONOccupying a prominent trading position within the High Street amongst such multiple occupiers as Tesco Express, Sainsbury Local, Costa Coffee, Post Office and a host of established local retailers and restaurants.There is a Public Car Park to the rear which backs on to Bushy Park and Hampton Hill Cricket Club.Hampton Hill is an attractive residential suburb located on the A311 approximately midway between Richmond and Kingston-Upon-Thames.

PROPERTYAn impressive detached building comprising a Ground Floor Triple Shop with separate rear access to 2 Self-Contained Flats above.There is rear off-street parking for 3 car


FREEHOLD

Note 1: In accordance with S. 5B of the Landlord and Tenant Act 1987, Notices were served on the lessees and they have not reserved their rights of first refusal. Therefore, this lot cannot be sold prior to auction.

£24,200 per annum VENDOR’S SOLICITORS Bude Storz - Tel: 020 8800 2800

Ref: R Bude Esq - Email: [email protected] The Surveyors dealing with this property areJOHN BARNETT and JONATHAN ROSS FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION


Ground Floor Triple Shop

Gross Frontage 49'6"Internal Width 48'0"Shop Depth 37'1"Sales Area Approx 1,550 sq ftWC

GLF Charitable Trading Purposes Ltd t/a Geranium Shops For The Blind (Having 11 branches)

10 years from 7th February 2004

£24,000 FRIVisit:www.glfb.org.uk

First Floor(2 Flats)

Not Inspected Various Each 125 years from 1st June 2006

£200 FRIRent doubles every 25 years

TOTAL £24,200

Note 2: Planning Permission was granted by London Borough of Richmond upon Thames on 19th November 2010 for a second floor extension to form 2 x 1 bed self-contained flats. Plans available from Auctioneers on request.

Note 3: Planning Permission was granted by London Borough of Richmond upon Thames on 18th January 2001 (now expired) for change of use of the ground floor from retail to class A3.

66 HIGH STREET.indd 1 08/02/2012 12:42

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LOT 3 Plumb Center, 32 Shap Road, Kendal, Cumbria LA9 6BZ


(GROSS YIELD 9%)

SITUATIONLocated close to the junction with Mint Street with such nearby occupiers including Aga-Rayburn Repair Service and DHL Express UK Ltd approximately 1 mile north of the town centre.Kendal is the principal town and retail centre of the Lake District in southern Cumbria and is located approximately 22 miles north of Lancaster and 50 miles south of Carlisle and being served by the M6 motorway (Junctions 36 & 37).

PROPERTYA substantial Single Storey Building with Trade Counter and extensive Warehouse Accommodation at the rear of the property. In addition, there is a service yard and parking to the front.


TENURELeasehold for a term of 999 years from 18th January 2007 at a peppercorn (see Notes 3 & 4 regarding the purchase of the Freehold).

ACCOMMODATIONSite Frontage 60'Site Depth 225'Site Area Approx 0.34 AcresGround Floor Trade Counter GIA Approx 2,100 sq ftGround Floor Warehouse GIA Approx 5,900 sq ft

Total GIA Approx 8,000 sq ft

TENANCYThe entire property is let on a full repairing and insuring lease (subject to a schedule of condition) to Wolseley UK Limited (T/O for half year to 31 Jan 2011 £1.22 bn and Pre-Tax Profit £37 m) (Part of Wolseley PLC – T/O for half year to 31 Jan 2011 £6.62 bn, Pre-Tax Profit £195 m and Net Assets £3.3 bn) (see Tenant Profile below) for a term of 15 years from 18th January 2007 at a current rent of£40,299 per annum exclusive.

There is a fixed rental increase in 2017 to £44,493 per annum.

£40,299 per annum The Surveyors dealing with this property areJONATHAN ROSS and MATTHEW BERGER

LET TO WOLSELEY UK LTD UNTIL 20226 WEEK COMPLETION

PLUMB CENTRE 32 SHAP RD.indd 1 08/02/2012 12:50

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LOT 3Plumb Center, 32 Shap Road, Kendal, Cumbria LA9 6BZ

TENANT PROFILEWolseley UK Limited, a wholly owned subsidiary of Wolseley plc, is the UK’s leading plumbers and builders merchant. With in excess of 1,500 branches, the company trades under the following brands: Plumb Center, Drain Center, Build Center, Pipe Center, Climate Center, Parts Center, Encon and William Wilson.

Note 1: The tenant will have an option to renew the lease, at open market value, upon lease expiry subject to a new 15 year lease on similar terms to the original lease including fixed increases of 2% compound p.a. every 5 years.

Note 2: The property is owned in a Single Purpose Vehicle (SPV) and the purchaser will have the opportunity to buy the company.

Note 3: At any time within 26 years from 18th January 2007 the Freeholder, Wolseley UK Ltd, can call upon the Head Lessee to purchase the Freehold for £1.

Note 4: At any time after 26 years from 18th January 2007 the Head Lessee can serve Notice to buy the Freehold for £1.

VENDOR’S SOLICITORS S E Law Limited - Tel: 01606 333 533

Ref: Ms Susan Edwards - Email: [email protected]

FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUEThe successful Buyer will be liable to pay the Auctioneers an administration

fee of £275 (including VAT) upon exchange of contracts

6 WEEK COMPLETION


PLUMB CENTRE 32 SHAP RD.indd 2 08/02/2012 12:50

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LOT 4 6 Lansdowne Road, Bournemouth, Dorset BH1 1SD

Reserve Below £120,000

SITUATIONAt the busy junction with Holdenhurst Road and Christchurch Road (A35), close to a large Bournemouth University Halls of Residence plus branches of Co-operative Food, Ask Restaurant, KFC, Lloyds TSB and a Post Office, only a few minutes walk from the prime Town Centre and under ½ mile from the Station.Bournemouth is a popular seaside resort on the South Coast, approximately 30 miles south-west of Southampton.

PROPERTYForming part of a terraced property comprising a Ground Floor and Basement Restaurant with A3 use.

ACCOMMODATIONGround Floor RestaurantGross Frontage 19'0"Internal Width 17'5"Widening to 18'9"Restaurant Depth 36'2"Built Depth 70'10"Restaurant Area Approx 650 sq ftKitchen/Prep Area Approx 390 sq ft4 WC’sBasementSeating Area Approx. 370 sq ft


TENURELeasehold for a term of 999 years from 29th June 1984 at a peppercorn ground rent.

TENANCYThe property is let on a full repairing and insuring lease to Alex De Freitas t/a Alex’s Good Food (Mediterranean style Restaurant) (visit www.good-food-co.co.uk) for a term of 10 years from 17th December 2008 at a current rent of £14,000 per annum exclusive.

Rent Review and Tenant’s Break 2013

Note: The lease provides for a rent increase to£15,000 p.a. on 17 December 2011 and £16,000 p.a. on 17 December 2012. The Vendor has chosen not to implement the first increase at the present time.

£14,000 per annum VENDOR’S SOLICITORS Summers - Tel: 020 7317 2325

Ref: S. Koehne Esq. - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

6 LANSDOWNE ROAD.indd 1 08/02/2012 12:52

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LOT 5 60/62 Drake Street, Rochdale, Lancashire OL16 1PA


SITUATIONLocated close to the junction with Nelson Street in this busy commercial area just outside the town centre.Rochdale lies on the A58 approximately 10 miles north of Manchester and within easy reach of the M62 (Junction 20).

PROPERTY AND ACCOMMODATIONA terraced building comprising Offices arranged over Ground and 2 Upper Floors.


FREEHOLD

TENANCYThe entire property is let on a full repairing and insuring lease to Rochdale Connections Trust for a term of 999 years from 1st May 1890 at a current ground rent of £327.60 per annum exclusive.

Rent Reviews 2090 and 100 Yearly to the equivalent value of various bushels of wheat, barley and oats at the time of the review.

£327.60 per annum VENDOR’S SOLICITORS Ms Alison Sandler - Tel: 020 8906 4411

Email: [email protected] The Surveyors dealing with this property areJOHN BARNETT and MATTHEW BERGER FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

62 DRAKE STREET.indd 1 08/02/2012 13:04

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LOT 6 61/61A Station Road, Birchington, Kent CT7 9RE


SITUATIONOccupying a prominent trading position in the town centre at the junction with Crescent Road and close to the busy intersection with the main A28 Canterbury Road, opposite HSBC and Co-operative Food and near to branches of Martins, Barclays, Cancer Research, Betfred and Thomas Cook, and only 300 yards from the Mainline Station.Birchington is a popular Seaside destination and Commuter Town 3 miles west of Margate and 13 miles north-east of Canterbury, enjoying excellent road links with the A28, A299 and M2.

PROPERTYA terraced property comprising a Ground Floor Shop with Basement Storage and separate front access to a Self-Contained Flat at first floor level with a rear Garden.


FREEHOLD

£14,436 per annum VENDOR’S SOLICITORS Vincent, French & Browne - Tel: 020 7831 4994

Ref: Ms Jill Mehrji - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION


No 61(Ground Floor Shop & Basement)

Ground Floor ShopGross Frontage 19'7"Internal Width 18'0"Shop Depth 27'10"Built Depth 42'11"WCBasementStorage Area Approx 390 sq ft

N. Naveenachandiran(Convenience Store/Off-Licence)

20 years from 26th August 2009

£9,000 FRIRent Reviews 2014and 5 yearlyRent Deposit of£3,000 held.

No 61A(First Floor Flat & Garden)

3 Rooms, Kitchen, Bathroom/WC Individual Commenced 1st February 1998

£5,436 ASTHolding Over – in occupation since 1998

TOTAL £14,436

View opposite the Property

61 STATION ROAD ROAD.indd 1 08/02/2012 13:07

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LOT 7 24/24a Fillebrook Avenue, Enfield, Middlesex EN1 3BB


SITUATIONWithin an established local parade serving the surrounding residential area just off Willow Road which leads directly to the A110 Southbury Road and Enfield Town Centre (only ½ mile distant), together with easy access to the A10 Great Cambridge Road which provides a direct link to the M25 (Junction 25).

PROPERTYA corner property comprising a Ground Floor Shop with separate side access to a Self-Contained Flat at first floor level.There is a Garage to the rear and side parking for 4 cars.


FREEHOLD




6 WEEK COMPLETION


No 24(Ground Floor Shop, Garage & side parking spaces)

Gross Frontage 20'0"Internal Width 18'5"Shop Depth 29'1"Built Depth 41'3"WCGarage

S Mehmet(Hair Salon)

7 years from25th December 2011

(In occupationsince 2008)

£10,400 FRIRent Review 2015

No 24a(First Floor Flat)

3 Rooms, Kitchen, Bathroom/WC Individual 125 years from29th September 2002

£100 FRIRising by £100 every 33 years.

TOTAL £10,500


Note: We understand that the Shop tenant spent £85,000 fitting out the salon.

24 FILLEBROOK AVE.indd 1 08/02/2012 13:08

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LOT 8 44 Glengall Road, Edgware,Middlesex HA8 8SX


SITUATIONLocated close to the junction with Marlborough Avenue within this well established local parade adjacent to Coral, opposite Martin’s and Londis and serving the surrounding residential area.Edgware lies approximately 10 miles north-west of Central London with good access to the M1 and M25 motorways.

PROPERTYA mid terraced building comprising a Ground Floor Shop with separate front access to a Self-Contained Flat on the First Floor. In addition, the property includes rear parking for 2 cars accessed via a rear service road.


FREEHOLD

£21,100 per annum VENDOR’S SOLICITORS Bude Nathan Iwanier – Tel: 020 8458 5656

Ref: Z Melinak Esq – Email: [email protected] The Surveyors dealing with this property areNICHOLAS BORD and MATTHEW BERGER FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


9 WEEK COMPLETION


Ground Floor Shop

Gross Frontage 18'9"Internal Width 14'8"Shop Depth 18'4"Built Depth 30'11"WC

Mrs Sharron Harris(Funeral Directors)

10 years from 25th March 2011(In occupation

since 2003)

£11,500 FRIRent Reviews 2015, 2019 and 2021

First Floor Flat 3 Rooms, Kitchen, Bathroom/WC Individual 1 year from30th June 2011

£9,600 ASTBenefiting from Gas Central Heating andUPVC Double Glazing

TOTAL £21,100

View opposite Property

44 GLENGALL ROAD.indd 1 08/02/2012 13:10

16

LOT 9 2 Station Parade, Cockfosters, Hertfordshire EN4 0DL


SITUATIONIn this well-known shopping centre serving the surrounding affluent residential area close to Cockfosters Station (Piccadilly Line) and amongst such multiples as Santander, One Stop, Prezzo, Ladbrokes, Lloyds TSB and HSBC. PROPERTYA 1930s mid terraced building comprising a Ground Floor Shop with separate rear entrance to a Self-Contained 2-Storey Maisonette. A rear service road gives access to private parking for up to 4 cars.

ACCOMMODATIONGround Floor ShopGross Frontage 19'11"Internal Width 18'8"Shop Depth 40'0"Built Depth 52'6" 2 WCsFirst and Second Floor Maisonette*4/5 Rooms, Kitchen, Bathroom/WC

*Not inspected


FREEHOLD

TENANCYThe entire property is let on a full repairing and insuring lease to P Lee and D. Lee (t/a The Chocolate Shop) for a term of 15 years from 25th December 2004 (excl. s. 24-28 of Landlord and Tenant Act 1954) at a rental of £24,000 per annum exclusive.

Rent Reviews December 2012 (No rent yet quoted)and 2016

Note: There may be a possible development opportunity to the rear of the property, subject to obtaining the neccessary consents.

£24,000 per annum

JOINT AUCTIONEERS Reiff & Co, Lower Ground Floor, 36 Manchester Street,London W1U 7LH. Tel: 020 7487 9771. Ref: T. Reiff Esq

VENDOR’S SOLICITORSNicholas & Co. - Tel: 020 7323 4450

Ref: N. Nicholas Esq - Email: [email protected] The Surveyors dealing with this property areJOHN BARNETT and SOPHIE TAYLOR FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

2 STATION PARADE.indd 1 08/02/2012 13:11

17

LOT 10 14–16 High Road, Beeston, Nottinghamshire NG9 2JP


(9% GROSS INITIAL YIELD)

SITUATIONOccupying a prime pedestrianised trading location adjacent to Greggs and amongst such other multiple traders as WHSmith, Boots, Natwest, Superdrug, William Hill and many others in the heart of this busy town. In addition, there is a large Tesco Supermarket & Car Park to the rear of the property.Beeston lies approximately midway between Kings Lynn and Norwich, both of which are easily accessible via the A47.

PROPERTYA terraced property arranged as a Ground Floor Shop with internal access to Basement Storage plus further Storage/Staff Accommodation on the three upper floors. In addition, the property includes a lift.


FREEHOLD

ACCOMMODATIONGround Floor ShopGross Frontage 34'2"Internal Width 28'8"Shop Depth 50'5"Built Depth 58'3"Sales Area Approx 1,445 sq ftFirst Floor Storage/Staff/OfficeArea Approx 1,045 sq ftWCSecond Floor StorageArea Approx 1,500 sq ft3 WCsThird Floor StorageArea Approx 1,605 sq ftBasementArea Approx 450 sq ft

Total Area Approx 6,045 sq ft

£40,000 per annum The Surveyors dealing with this property areMATTHEW BERGER and NICHOLAS BORD

6 WEEK COMPLETION

14 HIGH ROAD.indd 1 08/02/2012 13:12

18

LOT 1014–16 High Road, Beeston, Nottinghamshire NG9 2JP

TENANCYThe entire property is let on a full repairing and insuring lease to Clinton Cards (Essex) Limited (T/O for Y/E 01/08/10 £336.9m, Pre-Tax Profit £12.2m and Net Worth £19.6m) (Holding Company – Clinton Cards plc – with approx 650 branches) for a term of 5 years from 22nd January 2012 (See Note) at a current rent of £40,000 per annum exclusive.

Note: The lease is a renewal of a previous lease and the tenant has been in occupation for over ten years. The rent under the previous lease was £55,000 per annum.

VENDOR’S SOLICITORS Compton Solicitors LLP - Tel: 020 7485 0888

Ref: S Compton Esq - Email: [email protected]



6 WEEK COMPLETION


View along High Road from Property

14 HIGH ROAD.indd 2 08/02/2012 13:12

19

LOT 11 5 Brownlow Road, Bounds Green, London N11 2ET


SITUATIONLocated close to the junction with Bounds Green Road within this well established local parade adjoining Bounds Green Underground Station (Piccadilly Line) and nearby multiples include Betfred, Ellis & Co. and Londis.

PROPERTYA substantial end of terrace property comprising aGround Floor Shop and Lower Ground Floor together with separate side access to a Self-Contained 3 Bed Maisonette on the two upper floors and a large Rear Garden.


FREEHOLD

£28,200 per annum VENDOR’S SOLICITORS Frank Forney and Partners - Tel: 020 8889 1971

Ref: A Shah Esq - Email: [email protected] The Surveyors dealing with this property areJOHN BARNETT and SOPHIE TAYLOR FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION


Ground Floor Shop & Lower Ground Floor

Ground Floor ShopGross Frontage 23'0"Internal Width 17'6"Shop Depth 29'2"Lower Ground Floor3 Rooms Area Approx 270 sq ftWC

S. Shah and B. Shah (Newsagent/ Off Licence/ Tob/Conf.)

20 years from31st July 2006

£15,000 FRIRent Reviews 2016and 2021

First & Second Floor Maisonette

4 Rooms, Kitchen, Bathroom/WC plus Rear GardenArea Approx 1,020 sq ft

Individuals 1 year from1st August 2011

£13,200 AST

TOTAL £28,200

5 BROWNLOW RD.indd 1 08/02/2012 13:13

20

LOT 12 13 The Parade, Pagham, West Sussex PO21 4TW


SITUATIONLocated close to the junction with Sea Lane and serving the surrounding densely populated residential community, only a short walk from the Sea Front.Pagham lies on the outskirts of the exclusive residential area of Aldwick some 3 miles west of Bognor Regis and 5 miles south of Chichester.

PROPERTYPart of a modern development comprising aGround Floor Shop.

ACCOMMODATIONGround Floor ShopGross Frontage 17'3"Internal Width 15'6"Built Depth 32'2"WC


TENURELeasehold for a term of 199 years from 29th September 2008 at a fixed ground rent of £100 per annum.

TENANCYThe property is let on a full repairing and insuring lease to Dr J Blerk as an Orthodontist for a term of 5 years from 7th January 2010 at a current rent of £6,240 per annum exclusive.

£6,240 per annum VENDOR’S SOLICITORS Fentimans - Tel: 01564 779 459

Ref: P Hopkins Esq - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

13 THE PARADE.indd 1 08/02/2012 13:14

21

LOT 13 29/31 Maclure Road, Rochdale, Lancashire OL11 1DN


SITUATIONLocated opposite Rochdale Station in this improving commercial area south of the town centre.Rochdale lies on the A58 approximately 10 miles north of Manchester and within easy reach of the M62 (Junction 20).

PROPERTY AND ACCOMODATIONComprising Two Ground Floor Shops (1 currently arranged as a restaurant) each with internal access to Ancillary Accomodation above.


FREEHOLD

TENANCYThe entire property is let on a full repairing and insuring lease to S. Iqbal for a term of 999 years from 1st May 1903 at a fixed ground rent of £14.98 per annum exclusive.




6 WEEK COMPLETION

29 MACLURE ROAD.indd 1 08/02/2012 13:15

22

LOT 14 14 Finkin Street, Grantham, Lincolnshire NG31 6QZ


SITUATIONLocated just off the High Street, the town’s main retail thoroughfare, and amongst such occupiers as Ask, Lloyds Pharmacy, Dorothy Perkins, Barnardos, Thomas Cook and only a short distance from The George Shopping Centre. Grantham is an attractive town which lies some 20 miles east of Nottingham with excellent road access via the A1, A52 and A607. PROPERTYAn attractive Grade II Listed building comprising a Ground Floor Retail Unit with A2 use plus internal access to Offices on two upper floors and Basement Storage.

VAT is payable in respect of this Lot FREEHOLD

ACCOMMODATIONGround Floor Retail UnitGross Frontage 36'5" Internal Width 30'11"Built Depth 46'6"Sales Area Approx 625 sq ftOffice/Store Area Approx 370 sq ftBasementStorage Area Approx 385 sq ftFirst Floor OfficesArea Approx 765 sq ft2 WCsSecond Floor OfficesArea Approx 845 sq ftWC

Total Area Approx 2,990 sq ft

TENANCYThe entire property is let on a full repairing and insuring lease to Chesterton Global Ltd (not in occupation) (Property Consultants and Estate Agents with 70 UK offices and 15 International offices) for a term of 15 years from 25th December 1999 at a current rent of £23,600 per annum exclusive.

Rent Review December 2011 (Outstanding)

£23,600 per annum VENDOR’S SOLICITORS Warners - Tel: 01732 770 660

Ref: B Wass Esq - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION


14 FINKIN STREET.indd 1 08/02/2012 13:16

23

LOT 15 317 Hale Lane, Edgware, Middlesex HA8 7AX


BY ORDER OF TRUSTEES

SITUATIONLocated at the junction with Penshurst Gardens in this well established local shopping parade serving this popular and sought after north-west London suburb, opposite Nationwide and Tesco Express and amongst such multiple retailers as William Hill and Nando’s.The property is close to Edgware Underground Station (Northern Line) and Bus Station with the Broadwalk Shopping Centre within close proximity.Edgware is located approximately 10 miles north-west of central London by the main A41.

PROPERTYA substantial end of terrace corner building comprising a Ground Floor Bank with Basement plus internal access to Ancillary Offices/Store on the First and Second Floors. In addition, the property includes a Rear Car Park for approx. 9 cars (See Note 3).


FREEHOLD

ACCOMMODATIONGround Floor BankGross Frontage 39'4"Internal Width 32'11"narrowing at rear to 29'6"Bank Depth 38'8"Built Depth 53'8"Bank Area Approx 1,715 sq ftBasementStrong Room/Storage Area Approx 700 sq ftFirst Floor Office/StoreArea Approx 825 sq ft2 WC’sSecond Floor Store/StaffArea Approx 540 sq ft2 WC’sTotal Area Approx 3,780 sq ft

£38,200 per annum The Surveyors dealing with this property areJOHN BARNETT and SOPHIE TAYLOR

6 WEEK COMPLETION


317 HALE LANE.indd 1 08/02/2012 14:47

24

LOT 15317 Hale Lane, Edgware, Middlesex HA8 7AX

TENANCYThe entire property is let on a full repairing and insuring lease to National Westminster Bank Plc (Having over 1,600 branches) for a term of 20 years from 22nd February 1999 (excluding s. 24-28 of L & T Act 1954) at a current rent of £38,200 per annum exclusive.

Rent Review 2014

Tenant’s Break at any time on 6 months prior notice. If the Break is operated before 22nd February 2014 the tenant pays a rent penalty of £38,200 and thereafter the rent penalty is equal to 6 months rent at the rate payable at the date of service of notice.

Note 1: At expiration of the lease, the tenant has an option to renew the lease for a further term of 15 years at a market rent unless the Landlord serves notice of intention to demolish or reconstruct all or part (see clause 11.4 in lease).

Note 2: The lessee also occupies the adjoining unit(No. 315 – not included with this Lot).

Note 3: For the avoidance of doubt a narrow section of the rear car park to the north belongs to No. 315 which is not included in the sale. Whilst there is currently space for 12 cars this would reduce the number of spaces to approx 9 for No. 317.

VENDOR’S SOLICITORS OGR Stock Denton LLP - Tel: 020 8349 0321

Ref: S. Goldberg Esq - Email: [email protected]



6 WEEK COMPLETION

317 HALE LANE.indd 2 08/02/2012 14:47

25

LOT 16 16 Market Street, Crewe, Cheshire CW1 2EG


SITUATIONLocated in one of the principal retail thoroughfares of this busy town centre, close to the junction with Middlewich Street and amongst such multiples as Natwest, Poundstretcher, Age UK, Games Workshop, Nationwide, Cancer Research, Marks & Spencer, Coral, New Look, HSBC, Subway and others.Crewe lies approximately 12 miles north-west of Stoke-on-Trent and 25 miles south-east of Chester with good road access to the M6 (Junctions 16 and 17)

PROPERTYForming part of a parade comprising a Ground Floor Mini-Market with Basement and offices at Part First Floor plus separate front access to Office Accommodation on part first floor. The property benefits from rear service access via Sandon Street.


FREEHOLD

£13,400 per annum VENDOR’S SOLICITORS Read Roper and Read - Tel: 0161 830 5637

Ref: A Barr Esq - Email: [email protected] The Surveyors dealing with this property areMATTHEW BERGER and JONATHAN ROSS FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION


Ground Floor Shop, Basement &Part First Floor Offices

Ground Floor ShopGross Frontage 23'2"Internal Width 24' (max)Built Depth 61'0"2 WCsBasementArea Approx 200 sq ftFirst FloorOffice/Staff Area Approx 165 sq ft

M Sangtrakoon (with guarantor)(Groceries)

5 years from 30th November 2011

£8,400 FRITenant's Break 2014

Part First Floor Offices

Area Approx 680 sq ft2 WCs (Not inspected by Barnett Ross)

Thomas Wolek t/a Phenom Technology

5 years from 1st December 2011

£5,000 FRIGas central heating

TOTAL £13,400

16 MARKET STREET.indd 1 08/02/2012 13:17

26

LOT 17 11 High Street, Barnet, Hertfordshire, EN5 5UJ

Guide Price £700,000 Under £47,000 per Vacant Flat

BY ORDER OF LPA RECEIVERS

SITUATIONOccupying a prominent position on the south west side of the High Street, opposite the Police Station, and just a short distance from High Barnet Underground Station (Northern Line) and the multiple shopping facilities around The Spires.

PROPERTYA s u b s t a n t i a l b u i l d i n g c o m p r i s i n g aGround Floor Showroom with separate front access to22 Self-Contained Flats above.


FREEHOLD

15 Vacant FlatsJOINT AUCTIONEERS

Colliers InternationalVENDOR’S SOLICITORS

Walker Morris - Tel: 0113 283 2500Ref: S. Young Esq - Email: [email protected]

The Surveyors dealing with this property areMATTHEW BERGER and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

TENANCIES & ACCOMMODATION Property Accommodation Lessee Term Ann. Excl. Rental Remarks

Ground Floor Showroom

Not Inspected The Bathroom Consultancy Distribution Company Ltd

999 years from12th September 2000

£100 FRI

First Floor Flats(Nos 2, 3, 5, 8, 9,10 & 11)

7 Flats - Not Inspected Various Each 125 years from25th December 2004

£700(£100 per flat)

Each FRIThe ground rents increase every 33 years.

First and Second Floor Flats(Nos 1, 4, 6, 7, 12-15, 15a, 16-21)

15 Flats:4 x 2 Rooms incl Kitchen, Bathroom/WC11 x 1 Room incl Kitchen, Bathroom/WC VACANT

TOTAL £800 Plus15 Vacant FlatsNote: The Vendors have spent in excess of £70,000

installing a new electrical sub-station and individual meters to each flat plus a separate Landlord’s meter.

11 HIGH STREET BARNET.indd 1 08/02/2012 14:48

27

LOT 18 66 Parkhurst Road, Friern Barnet, London N11 3EL


SITUATIONIn a fast improving residential area, located at the corner of Holly Park Road within the heart of Friern Barnet, close to the shops, bars and restaurants on Friern Barnet Road and Woodhouse Road and just a short distance from New Southgate Mainline Station. In addition, the property is within close proximity to local schools. Friern Barnet is a popular north London suburb approx 8 miles from central London and Princess Park Manor is close by.

PROPERTYA substantial corner property comprising 3 Self-Contained Furnished Flats with Off-Street Parking for 2 cars. Having been luxuriously converted by 2008, the flats are finished to a high standard with Juliette balconies. Each flat has tiled bathroom floors and walls with Jacuzzi baths, fitted kitchens with modern appliances including dishwashers, hobs and fridge freezers, entry phones and satellite television.

£25,320 per annum PlusVacant Duplex Flat The Surveyors dealing with this property areJOHN BARNETT and SOPHIE TAYLOR

6 WEEK COMPLETION

TENANCIES & ACCOMMODATION Property Accommodation Lessee Term Ann. Excl. Rental Remarks

Ground Floor(Flat A)

3 Rooms, Kitchen,Bathroom/WC plus Patio GIA Approx 725 sq ft

2 Individuals 1 year from5th December 2011

£14,400 ASTTenant’s Break after6 months

First Floor(Flat B)

2 Rooms, Kitchen, Bathroom/WCGIA Approx 565 sq ft

2 Individuals 1 year from2nd November 2011

£10,920 AST

Second & Third Floor Duplex(Flat C)

3 Rooms with Ensuite Shower/ WC, Kitchen, Bathroom/WCGIA Approx 710 sq ft (incl eaves) VACANT

TOTAL£25,320 plus

Vacant Duplex Flat

66 PARKHURST RD.indd 1 08/02/2012 13:21

28


FREEHOLD

Note 1: Various furniture, furnishings, fixtures and fittings are included in the sale as per inventories (available from Auctioneers on request).

Note: 2 The Vendor currently owns the Freehold in a Limited Company as well as 3 long leases on the 3 Flats so it is possible that separate sales could be negotiated (contact Auctioneers for further information).

LOT 1866 Parkhurst Road, Friern Barnet, London N11 3EL

VENDOR’S SOLICITORS Cooper Whiteman - Tel: 020 7831 5222

Ref: D. Whiteman Esq - Email: [email protected]



6 WEEK COMPLETION

Interior of Flat Interior of Flat

66 PARKHURST RD.indd 2 08/02/2012 13:21

29

LOT 19 Flat 22 Thanet Lodge, 10 Mapesbury Road, Cricklewood, London NW2 4JA

Guide Price£250,000–£275,000

SITUATIONLocated at the junction with Mowbray Road within this popular residential area, conveniently situated for the varied shopping facilities in Cricklewood Broadway and Kilburn High Road. In addition, Kilburn Underground Station (Jubilee Line) and Brondesbury Main Line Station are both within close proximity.

PROPERTYForming part of an attractive 1930s purpose built block in the Mapesbury Conservation Area comprising a Self-Contained 2 Bed Flat on the second floor overlooking the rear garden. Amenities include:• 2 double bedrooms• Passenger lift• Entryphone• UPVC double glazing• Communal rear garden


TENURELeasehold for a term of 999 years from 25th December 1982 at a fixed ground rent of £50 p.a.

ACCOMMODATION*Second Floor FlatBedroom 1Bedroom 2LoungeKitchenBathroomSeparate WC

GIA Approx 530 sq ft

*Room sizes available from the Auctioneers on request

TENANCYThe property is let on an Assured Shorthold Tenancy to2 individuals for a term of 12 months (less one day) from31st August 2011 at a current rent of £14,559.96 per annum exclusive (£1,213.33 pcm).

Tenant’s Break at any time on 1 months prior notice.Landlord’s Break at any time on 2 months prior notice.

Note: We understand a 1 Bed Flat sold in this block in November 2011 for £255,000.

£14,559.96 per annum VENDOR’S SOLICITORS Lawrence Stephens Solicitors - Tel: 020 7936 8888

Ref: S. Messias Esq - Email: [email protected] The Surveyors dealing with this property areSTEVEN GROSSMAN and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

FLAT 22 THANET LODGE.indd 1 08/02/2012 13:18

30

LOT 20 37 Kings Road, St Leonards-on-Sea, East Sussex TN37 6DX


SITUATIONOccupying a prominent trading position on one of the town’s main thoroughfares that leads to the Station, amongst a variety of local and multiple traders including Ladbrokes, Coral, Bairstow Eves, Mencap, Nationwide and Spar, within close proximity of the town centre and seafront.St Leonards-on-Sea is a popular seaside resort on the main A259 next to Hastings, enjoying easy access to the A21 some 13 miles east of Eastbourne.

PROPERTYForming part of a terraced parade comprising a Ground Floor Shop.


ACCOMMODATIONGround Floor ShopGross Frontage 15'7"Internal Width 15'1"Shop Depth 38'10"WC

TENURELeasehold for a term of 125 years from 1st January 2009 at peppercorn ground rent.

TENANCYThe property is let on an internal repairing and insuring lease to J Kudho as a Barbers for a term of 10 years from4th July 2007 at a current rent of £6,500 per annum exclusive.

Rent Reviews 2010 (Outstanding) and 2013

£6,500 per annum VENDOR’S SOLICITORS Fentimans – Tel: 01564 779 459

Ref: P Hopkins Esq – Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

37 KINGS ROAD ST LEONARDS ON SEA.indd 1 08/02/2012 13:19

31

LOT 21 110 Willoughby Road, Langley, Slough, Berkshire SL3 8JG



SITUATIONLocated close to the junction with Meadfield Road near to Langley Mainline Station serving the surrounding residential area and only a few minutes from the High Street shopping centre. Slough is a major conurbation approximately 20 miles west of London via the M4 (Junctions 5 & 6) and 10 miles from Heathrow Airport. PROPERTYA rectangular Site with road frontage of 93 ft, fully fenced and accessed via double gates, comprising a Secure Yard with a Ground Floor Office and 9 Dilapidated Garages.

ACCOMMODATIONSite Width 93'Site Depth 42'Site Area 3,875 sq ftOffice Area 305 sq ftWC9 Garages


FREEHOLD offered with FULL VACANT POSSESSION

PLANNINGThere is potential for redevelopment of the site for residential subject to planning consent. Note: A 3 bed semi at No 102 Willoughby Road sold in January 2011 for £243,000.

Vacant Development Opportunity

JOINT AUCTIONEER Jaggard Baker LLP, Marlborough House, 45 Wycombe End,

Beaconsfield, HP9 1LZ.Tel: 01494 689 613 Ref: G Rowland EsqVENDOR’S SOLICITORS

IBB Solicitors - Tel: 01494 790 013Ref: Mrs Gillian Outram - Email: [email protected]

The Surveyors dealing with this property areJONATHAN ROSS and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


VACANT SITE WITH DEVELOPMENT POTENTIAL

6 WEEK COMPLETION


110 WILLOUGHBY ROAD.indd 1 08/02/2012 13:20

32

LOT 22 88 Leather Lane, Clerkenwell, London EC1N 7TT

Guide Price£300,000-£325,000

SITUATIONWithin this famous market location which runs parallel to Hatton Garden, close to the junction with Clerkenwell Road and serving the surrounding commercial and residential area and being amongst a host of Restaurants, Cafes and established retailers.Farringdon and Chancery Lane Underground Stations are both within close proximity.

PROPERTYForming part of a mid terraced building comprising a Ground Floor Restaurant with Basement Kitchen/Prep Areas plus internal access to a Self-Contained Flat on the First Floor (currently used as office/storage).

ACCOMMODATIONGround Floor RestaurantGross Frontage 16'3"Internal Width 15'5"Restaurant Depth 45'3"Restaurant Area Approx 620 sq ftBasementKitchen/Prep Area Approx 400 sq ft2 WC’sFirst Floor Flat (used as Office/Storage)2 Rooms, Shower/WC Approx 360 sq ft


TENURELeasehold for a term of 999 years from 31st January 2011 at a peppercorn ground rent.

TENANCYThe property is let on a full repairing and insuring lease (Subject to a Photographic Schedule of Condition) to Kin Restaurants Ltd as a Pan-Asian fusion style restaurant for a term of 15 years from 13th September 2001 at a current rent of £27,500 per annum exclusive.

Note 1: There is a £6,875 Rent Deposit held.

Note 2: The tenants have verbally indicated that they would like to take a 10 year lease extension.

Note 3: The purchaser will pay 1% plus VAT on the purchase price towards the Vendor’s sale costs.

£27,500 per annum VENDOR’S SOLICITORS Hamlins LLP - Tel: 020 7355 6111

Ref: C Maxwell Esq - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

88 LEATHER STREET.indd 1 08/02/2012 13:22

33

LOT 23 5 Dudley Street, Kidderminster, Worcestershire DY10 2JJ


SITUATIONLocated facing Blackwell Street which leads directly into the town centre, and within this established parade, near to Nisa Local and Kwik-Fit and amongst a variety of local businesses, all serving the surrounding residential area.Kidderminster lies approximately 16 miles south west of Birmingham and benefits from excellent road links via the A456 into Birmingham and the M5 (Junction 3).

PROPERTYA substantial terraced building comprising aGround Floor Takeaway with separate front access to aLarge Self-Contained Maisonette arranged over first and second floors. In addition, the property includes a separate Rear Store and vehicular access from Churchfields into a Large Rear Yard for loading/parking.

ACCOMMODATIONGround Floor ShopGross Frontage 22'5"Internal Width 13'8" widening to 28'8"Shop Depth 40'10" Built Depth 63'7"Prep/Store Area Approx 255 sq ft plus WCSeparate Rear Store 24'0" x 13'6"First & Second Floor Maisonette5 Rooms, Kitchen, Bathroom/WC


FREEHOLD

TENANCYThe entire property is let on a full repairing and insuring lease to R S Boyle as a Pizza Takeaway for a term of 20 years from February 2012 (in occupation since 2006) at a current rent of £20,000 per annum exclusive.

Rent Reviews 2015 and 3 yearly

£20,000 per annum VENDOR’S SOLICITORS Bhakar Tomlinson - Tel: 01952 270 555

Ref: G. Bhakar Esq - Email: [email protected] The Surveyors dealing with this property areNICHOLAS BORD and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

© CROWN COPYRIGHT. All rights reserved.Licence number 100040809 – Plan not to scale

34

LOT 24 8 Pinchbeck Road, SpaldingLincolnshire PE11 1QD


(UNDER £20 PER SQ FT)

SITUATIONOccupying a prominent position close to the junction with New Road and Westlode Street in the heart of this attractive town which lies just off the A16 some 18 miles north of Peterborough and about 28 miles west of Kings Lynn.

PROPERTYAn impressive Grade II* Listed Office Building planned on Ground, First and Second Floors together with Basement Storage. The property includes a Large Rear Car Park and benefits from gas central heating (not tested) and an alarm system.



Note 1: There may be potential to convert the property to residential use subject to obtaining the necessary consents.

Note 2: There may be potential to obtain a grant from English Heritage for repairs.Visit: www.english-heritage.org.uk

Note 3: Floor plans available from Auctioneers on request.

ACCOMMODATIONSite Area Approx 11,185 sq ftGround Floor11 Rooms, Conservatory, Reception,Kitchen, Ladies & Gents WCsand Hallways GIA Approx 3,795 sq ftFirst Floor11 Rooms, Conservatory,Ladies & Gents WCs and Hallways GIA Approx 2,865 sq ftSecond Floor1 Room GIA Approx 190 sq ftBasementBoiler Room and Store Areas GIA Approx 810 sq ftTotal GIA Approx 7,660 sq ft

Vacant 7,660 sq ft (GIA)Offices with Development Potential

JOINT AUCTIONEERS R. Longstaff & Co, 5 New Road, Spalding PE11 1BS

Tel: 01775 765536 Ref: J. Smith, EsqVENDOR’S SOLICITORS

Bowers & Bailey LLP - Tel: 01865 311 133Ref: R. Eden. Esq - Email: [email protected]

The Surveyors dealing with this property areJOHN BARNETT and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION


8 PINCHBECK ROAD.indd 1 08/02/2012 13:24

35

LOT 25 Michael House,55-57 Chase Side, Southgate, London N14 5BU

Reserve Below£1,250,000


SITUATIONLocated in this prime retail shopping parade within close proximity to Southgate Underground Station (Piccadilly Line), adjacent to Marie Curie and amongst a variety of multiples including Nationwide, Pizza Express, Boots, Costa Coffee, Betfred, KFC and The Money Shop. Southgate lies approximately 8 miles north of Central London. VAT is payable in respect of this Lot

FREEHOLD

PROPERTYA substantial attractive modern mid-terrace property comprising a Large Ground Floor Banking Hall including3 Private Offices with internal access to Offices on the First Floor. In addition there is an impressive separate front entrance and lift to Self-Contained Offices on the Second Floor. The property includes gas central heating and air-conditioning.

Note 1: Subject to planning there may be potential to add additional accommodation across the flat roof.

Note 2: The internal spiral staircase and 2 sets of WC’s within the Halifax unit are to be valued as A1/A2 on review.

£101,500 per annum The Surveyors dealing with this property areJOHN BARNETT and SOPHIE TAYLOR

IN SAME OWNERSHIP SINCE 19966 WEEK COMPLETION


Ground and First Floor Bank

Ground Floor Banking HallGross Frontage 53'6"Internal Width 42'0"Bank Depth 59'2"Bank Area Approx 2,310 sq ft2 Ladies WCsFirst Floor OfficesArea Approx 1,990 sq ftGents WCTotal Area Approx 4,300 sq ft

Bank of Scotland Plc(t/a Halifax)(Holding company is HBOS Plc – ultimate holding company is Lloyds Banking Group Plc)

15 years from24th June 2007

£70,000 FRI by way of service chargeRent Reviews June 2012 (Landlord quoted £85,000 p.a.) and 2017 (See Notes 2 and 3)Tenant’s Break 2017

Second Floor Offices

Office Area Approx 1,990 sq ft3 Ladies WCs 2 Gents WCs (located on first floor)

Newmont Travel Ltd(T/O for Y/E 31/12/2010 £22.85m, Pre-Tax Profit £614,000 and Net Worth £797,000).

10 years from24th June 2008

£31,500 FRI by way of service charge (subject to rising annual caps – see lease)Rent Review andTenant’s Break 2013

TOTAL AREAAPPROX 6,290 sq ft TOTAL £101,500

Note 3: Adopting VOA floor areas, the Halifax has an ITZA of 1,300 units. Tesco and Hair on Broadway(both opposite) are beleived to be let at £53 Zone A.

MICHAEL HOUSE.indd 1 08/02/2012 14:49

36

LOT 25Michael House,55-57 Chase Side, Southgate, London N14 5BU

VENDOR’S SOLICITORS OGR Stock Denton LLP - Tel: 020 8346 2000

Ref: S Goldberg Esq - Email: [email protected]



6 WEEK COMPLETION


MICHAEL HOUSE.indd 2 08/02/2012 14:49

37

LOT 26 The Mariners Rest, 60/62 Rotterdam Road, Lowestoft, Suffolk NR32 2HA


SITUATIONLocated in a prominent position close to the junction with Hill Road and serving the surrounding residential community.Lowestoft is a busy Suffolk coastal town with a substantial catchment population situated approximately 10 miles south of Great Yarmouth and 28 miles to the south-east of Norwich, with easy access via the A146 and A12 trunk roads.

PROPERTYAn attractive doubled fronted property comprising a Ground Floor Public House with Cellar Storage plus internal and separate side access to Residential Accommodation at first floor level together with a rear Beer Garden.

ACCOMMODATIONGround Floor Public HouseGross Frontage 46’6”Internal Width 41’3”Built Depth 55’3”Bar/Restaurant Area Approx 740 sq ftKitchen Area Approx 95 sq ftCellarStorage Area Approx 115 sq ft2 WC’sFirst Floor Residential5 Rooms, Bathroom/WC


FREEHOLD

TENANCYThe entire property is let on a full repairing and insuring lease to G. Searsby as a Public House/Restaurant for a term of 20 years from 24th October 2008 at a current rent of £18,200 per annum exclusive.


Note: The lessee did not exercise the 2011 break clause.


Ref: Ms Jill Mehrji - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and MATTHEW BERGER FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION


MARINERS REST.indd 1 08/02/2012 13:35

38

LOT 27 10 Adastral Square, Canford Heath, Poole, Dorset BH17 8SA


SITUATIONIn this neighbourhood shopping centre including Boots, along with a variety of local occupiers, all benefitting from a large customer car park.Poole lies approximately 3 miles west of Bournemouth and benefits from good road access via the A35 and A338.

PROPERTYForming part of an L-Shaped parade comprising a Ground Floor Restaurant/Takeaway with A3 & A5 use plus separate rear access via a front communal staircase to aSelf-Contained Maisonette above. There is a rear service road for unloading.


FREEHOLD

Note 1: We understand that the lessee spent in the region of £50,000 fitting out the Restaurant.

Note 2: The lessee pays half rent for the first 12 months but the Vendor will make this shortfall up to the Buyer at completion.

£12,600 per annum VENDOR’S SOLICITORS Bonningtons – Tel: 020 8908 6363

Ref: M. Ram, Esq – Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION



Ground Floor Restaurant

Gross Frontage 15'0"Internal Width 55'4" maxRestaurant Depth 29'6"Restaurant/Kitchen Area 1,085 sq ftStore Area 300 sq ft2 WC’s

M A Khant/a Cococabana (International Cuisine)

25 years from2nd November 2011

£12,500(See Note 2)

Effectively FRIRent Reviews 2016 and5 yearlyTenant's Break 20213 month Rent Deposit Held


Not Inspected Individual 125 years from2nd November 2007

£100 FRIRent doubles every 33 years

TOTAL £12,600

10 ADASTRAL SQUARE.indd 1 08/02/2012 13:36

39

LOT 28 29 Wynyard Road, Hartlepool, Cleveland TS25 3LB


SITUATIONLocated within this established parade close to the junction with Catcote Road, adjacent to a One-Stop Convenience Store and near to an NHS Hartlepool Care Trust, Coral and Nisa Local.Hartlepool lies on the north-east coast some 13 miles north-east of Darlington and 9 miles north of Middlesborough, enjoying excellent road access via the A19 trunk road.

PROPERTYA terraced property comprising a Ground Floor Shop with internal access to Ancillary Storage/Staff Accommodation at first floor level. There is a gated yard to the rear with parking for 1 car.

ACCOMMODATIONGround Floor ShopGross Frontage 23'8"Internal Width 21'3"Narrowing at rear to 11'7"Shop Depth 33'2"Built Depth 68'1"First FloorStorage/Staff Approx 505 sq ftWC


FREEHOLD

TENANCYThe entire property is let on a full repairing and insuring lease to Lloyds Pharmacy Ltd (see Tenant Profile) for a term of 10 years from 3rd April 2007 at a current rent of £10,847 per annum exclusive.

Rent Reviews 2013 and 3 yearly linked to RPI

TENANT PROFILELloyds Pharmacy is the largest community pharmacy operator in the UK with over 1,650 branches. (Source: www.lloydspharmacy.com). Turnover for the year ending 31st December 2010 was £1.75 billion, pre-tax profits £104.69 million and net worth £66.21 million.The ultimate holding company is Deu Franz Haniel & Cie GMBH with its UK parent company being Admenta UK Plc which according to last published accounts has substantial net worth of £458.4 million.

Note: The tenant has not exercised the break clause due in April 2012.




6 WEEK COMPLETION

29 WYNYARD ROAD.indd 1 08/02/2012 13:37

40

LOT 29 73/73a Victoria Road, Scarborough, North Yorkshire YO11 1SH


SITUATIONLocated close to the junction with Northway in this busy trading position opposite a Cash Convertors, near a Salvation Army and Nisa Local and fronting anAldi Supermarket, as well as being close to the the town centre and Scarborough Railway Station.Scarborough is a major tourist resort town which lies on the A64 some 42 miles north of Hull and 40 miles east of York. PROPERTYAn end of terrace building comprising a Ground Floor Shop (used as an Indian Takeaway) and Basement with internal access to a 2 Bedroom Flat on the First and Second Floors.

ACCOMMODATIONGround Floor ShopGross Frontage 19'9"Net Frontage 15'6"Shop & Built Depth 37'0"WCBasementArea Approx 160 sq ftFirst & Second Floor Flat3 Rooms, Kitchen, Bathroom/WC


FREEHOLD

TENANCY The entire property is let on a full repairing and insuring lease to Mr M. Miah as an Indian Takeaway for a term of 15 years from 23rd March 2011 (See Note 1) at a current rent of £9,500 per annum exclusive.

Rent Reviews 2014 and 2019

Note 1: The lease is an extension of a previous lease dated 3rd January 1997 and the tenant has been in occupation for over 15 years.

Note 2: Clear Channel UK Ltd have entered into a 5 year lease from 31st July 2011 at £950 p.a. for use of an Advertising Hoarding on the flank wall, subject to Planning Permission being granted. However, Planning Permission for this Hoarding was refused by Scarborough Borough Council on 22nd November 2011 under Planning Application no. 11/01660/AA and Clear Channel have lodged an appeal.

£9,500 per annum VENDOR’S SOLICITORS Bude Nathan Iwanier - Tel: 020 8458 5656

Ref: Z. Melinek Esq - Email: [email protected] The Surveyors dealing with this property areMATTHEW BERGER and JOHN BARNETT FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

73 VICTORIA ROAD.indd 1 08/02/2012 13:38

41

LOT 30 11 High Street, Hucknall, Nottingham NG15 7HJ


SITUATIONOccupying a prominent trading position in the heart of the town centre adjacent to Your Move and close to branches of Barclays, Boots, Natwest, Card Factory, Holland & Barrett and many others.Hucknall lies 4 miles north west of Nottingham town centre and benefits from good road links via the M1 (Junction 27).

PROPERTYA terraced property comprising a Ground Floor Shop with separate rear access to a Self-Contained Maisonette on two upper floors.


FREEHOLD


Ref: Ms Jill Mehrji - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and JNICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION


Ground Floor Shop Gross Frontage 16'1"Internal Width 13'8"Shop and Built Depth 56'4"WC

W Yeomans (Chesterfield) Ltd (with 2 personal sureties)(Outdoor Wear)(Having 84 branches)(T/O for Y/E 31/01/10 £18.56m, Pre-Tax Profit £304,000 and Net Worth £4.94m)

25 years from 29th September 1986

£8,160 FRIHolding OverLessee in occupation for over 20 years.See Note


3 Rooms, Kitchen, Bathroom/WC

Individual 12 months from 27th September 2011

£5,400 AST£550 deposit held

TOTAL £13,560

View from the Property

Note: On 17th November 2011 the tenant of the shop reached an agreement with the freeholder in regard to dilapidations whereby £2,500 was paid and a further £2,500 is to be paid on 29th September 2012 which will be retained by the buyer.

11 HIGH STREET.indd 1 08/02/2012 13:39

42

LOT 31 164 Conway Road, Llandudno, Conwy LL31 9DU


SITUATIONLocated at the corner of McKinley Road opposite a Co-op Supermarket and within the same parade as Boots and close to a variety of local traders all serving the surrounding residential area.Llandudno is the principal commercial centre of North Wales and a major tourist attraction for holidaymakers, situated close to the A55 Expressway, 48 miles west of Chester and 23 miles east of Bangor.

PROPERTYA corner property comprising a Ground Floor Take-away with separate side access to a Self-Contained Maisonette at First & Second floor level.


FREEHOLD




6 WEEK COMPLETION


Ground Floor Take-away

Gross Frontage 16'8"Internal Width (max) 18’9"Built Depth 36'4"WC

Mr & Mrs N Cetin(Pizza/Kebab Take-away)(having 2 branches)

15 years from 4th May 2004

£8,320 IRI (subject to a Photographic Schedule of Condition)Rent Review 2014Tenant's Break 2013 & 2016


3 Rooms, Kitchen, Bathroom/WC Mrs N Cetin 6 months from 2nd June 2008

£2,480 ASTHolding Over

TOTAL £10,800

Note 1: There is a formal assignment of the Shop lease taking place to the current occupiers, Mr and MrsN Cetin, but this has not yet been signed.

Note 2: We understand that the tenant holds a licence to sell alcohol.

Note 3: At the time of our inspection there were 6 staff working at the premises.

164 CONWAY ROAD.indd 1 08/02/2012 13:40

43

LOT 32 46 Upton Road, Claughton, Birkenhead,Merseyside CH41 0DE


SITUATIONLocated close to the junction with Saunders Road within this established parade amongst sauch traders as Age UK,Tesco Express, Barclays, Post Office and others.The property serves the surrounding mainly residential area and lies diagonally opposite Birkenhead 6th Form College.Birkenhead sits on the Wirral Peninsula enjoying easy access to the M53 which joins the M56 at Junction 15, only 2 miles from Liverpool City Centre via the Mersey Tunnel.

PROPERTYA terraced property comprising a Ground Floor Shop with separate rear access to a Large Self-Contained Flat at first floor level.


FREEHOLD




6 WEEK COMPLETION


Ground Floor Shop

Gross Frontage 19'8"Internal Width 16'11"Built Depth 68'11"WC

D Roberts (Off Licence)

10 years from6th December 2010

£10,000 FRIRent Review 2015Rent Deposit of £2,500 held.

First Floor Flat Not Inspected – believed to beApprox 1,100 sq ft

M & H Property Ltd 125 years from completion

£100 FRI

TOTAL £10,100

46 UPTON RD.indd 1 08/02/2012 13:41

44

LOT 33 72 Dalton Road,Barrow-in-Furness, Cumbria LA14 1JB


SITUATIONLocated in the town’s main pedestrianized thoroughfare, adjacent to Specsavers, opposite B&M and close to Barclays, Thomas Cook, Halifax, NatWest, Sports Direct, Bon Marche, Savers and others. Barrow lies on the Furness Peninsula some 34 miles from Kendal and the M6 (Junction 36). PROPERTYA terraced property comprising a Ground Floor Shop with Take-away use and Basement Storage plus internal access to a Self-Contained Maisonette on 3 upper floors.

ACCOMMODATIONGround Floor ShopGross Frontage 17'2" Internal Width 16'10"Built Depth 33'0"WCBasementStorage – Not inspectedFirst, Second & Third Floor MaisonetteNot inspected – Believed to be 6 Rooms, Kitchen, Bathroom/WC

VAT is NOT payable in respect of this Lot FREEHOLD

TENANCYThe entire property is let on a full repairing and insuring lease to Z. M. Liu as aChinese Take-away with Alcohol Licence for a term of 20 years from 9th June 2010 at a current rent of £14,000 per annum exclusive (See Note 1).


Note 1: The tenant pays 10 months rent per year (£11,166.66) until June 2013, but the Vendor will make up the shortfall to the buyer at completion.

Note 2: We understand that the tenant lives in the maisonette and that the entire property was recently refurbished for which the Vendor contributed £40,000.

Note 3: There is a Rent deposit of £1,166 held.




6 WEEK COMPLETION


The Property

72 DALTON ROAD.indd 1 08/02/2012 13:41

45

LOT 34 6-12 Fountain Street, Manchester M2 2AA

Reserve Below £1,200,000

SITUATIONLocated in a central position in the heart of Manchester close to the corner of Market Street, opposite Primark and close to Debenhams, Marks and Spencer, Boots, HMV, TK Max, Holland and Barrett, O2, Carphone Warehouse andThe Arndale Centre.


PROPERTYAn impressive building comprising a Ground Floor Restaurant with Basement (not currently used) andOffice / Storage Accomodation at first floor level plus separate front access to Self-Contained Offices on the second and third floors.

FREEHOLD

£92,500 per annum The Surveyors dealing with this property areMATTHEW BERGER and NICHOLAS BORD

6 WEEK COMPLETION


Ground Floor RestaurantFirst Floor & Basement

Ground Floor RestaurantGross Frontage 48'2"Internal Width 47'1"Built Depth 37' (max)Ground Floor Area Approx 1,425 sq ftFirst Floor Storage / OfficeArea Approx 1,150 sq ftBasementNot inspected – Believed to be 290 sq ft

Pizza Hut (UK) Limited (Having approx 700 branches)(T/O for Y/E 28/11/10 £346.2m, Pre-Tax Loss £22.2m and Net Worth £11.6m) (Holding Company – Restaurant Holdings Ltd – For Y/E 28/11/10 Pre-Tax Profit £102.7m and Net Worth £95.1m)

10 years from 13th December 2011

£70,000 FRIRent Review 2016

Second and Third Floor Offices

Second FloorArea Approx 1,275 sq ftThird FloorArea Approx 1,240 sq ft

Willard Wigan Ltd(Solicitors)

5 years from 11th January 2012

£22,500 FRIMutual Break 2014

TOTAL £92,500

Note: The upper parts maybe suitable in the future for conversion to residential, subject to obtaining the neccessary consents.

6 FOUNTAIN STREET.indd 1 08/02/2012 13:43

46

LOT 346-12 Fountain Street, Manchester M2 2AA

VENDOR’S SOLICITORS Winchesters - Tel: 0800 634 4679

Ref: N Chowdery Esq. - Email: [email protected]



6 WEEK COMPLETION


Fountain Street

6 FOUNTAIN STREET.indd 2 08/02/2012 13:43

47

LOT 35 5-7 Mill Lane, Parbold, Lancashire WN8 7NW

Reserve Below £175,0008 YEARS UNEXPIRED

TO FORBUOYS LTD

SITUATIONLocated opposite the junction with Beech Avenue in this attractive village adjacent to the Windmill Public House and amongst a variety of local traders.Parbolt lies approximately 7 miles North-West of Wigan with easy road access via the M6 (J27).

PROPERTYComprising a Ground Floor Showroom / Store plus Ancillary Accomodation at first floor level which is not currently used.

ACCOMMODATIONGround Floor ShopGross Frontage 91'0"Internal Width 89'2"Sales Area Approx 935 sq ftStore Area Approx 310 sq ftWCFirst FloorNot inspected – currently no access.


FREEHOLD

TENANCYThe entire property is let on a full repairing and insuring lease to Forbuoys Ltd (ultimate holding company Martin McColl Retail Group Ltd which is the UK's leading neighbourhood retailing group with over 1,250 stores) (See Note) for a term of 15 years from 27th June 2005 at a current rent of £16,000 per annum exclusive.

Rent Review 2015

Note: The property has been sub-let as an interior design shop on a sublease expiring in 2020.

£16,000 per annum VENDOR’S SOLICITORS Vyman Solicitors - Tel: 020 8427 9080

Ref: Ms Jaymini Ghelani - Email: [email protected] The Surveyors dealing with this property areMATTHEW BERGER and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION


5-7 MILL LANE.indd 1 08/02/2012 13:44

48

LOT 36 7 Abbots Terrace, Crouch End, London N8 9DU


SITUATIONLocated in this cul-de-sac directly off Crouch Hill being just a few minutes walk from the varied shopping facilities ofThe Broadway with Crouch Hill Mainline Station being within close proximity.

PROPERTY & ACCOMMODATIONA detached building comprising a newly refurbishedGround Floor Store/Office (B8/B1 Use) with UPVC Double Glazing and Shower Room/WC.

GIA Approx 170 sq ft



Note: There may be potential to convert to residential use, subject to obtaining the necessary consents.

Newly Refurbished Vacant Store/Office VENDOR’S SOLICITORS

Millington Wallace & Co – Tel: 020 8882 1051Ref: I. Lawrence, Esq – Email: [email protected] The Surveyors dealing with this property are

STEVEN GROSSMAN and MATTHEW BERGER FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUEThe successful Buyer will be liable to pay the Auctioneers an administration


6 WEEK COMPLETION

7 ABBOTS TERRACE.indd 1 08/02/2012 14:50

49

LOT 37 71/71a Victoria Road, Scarborough, North Yorkshire YO11 1SH


SITUATIONLocated close to the junction with Northway in this busy trading position, opposite a Cash Convertors, near a Salvation Army and Nisa Local and fronting anAldi Supermarket, as well as being close to the the town centre and Scarborough Railway Station.Scarborough is a major tourist resort town which lies on the A64 some 42 miles north of Hull and 40 miles east of York.

PROPERTYA mid terraced building comprising a Ground Floor Shop with separate rear access to a Self-Contained Flat on the First and Second Floors.


FREEHOLD

£9,940 per annum VENDOR’S SOLICITORS Bude Nathan Iwanier - Tel: 020 8458 5656

Ref: Z. Melinek Esq - Email: [email protected] The Surveyors dealing with this property areMATTHEW BERGER and JOHN BARNETT FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION


No. 71(Ground Floor Shop)

Gross Frontage 17'0"Internal Width 16'0"Shop Depth 35'4"WC

D. Sobala(Polish Foods)

3 years from1st December 2010

£5,200 FRI

No. 71a(First and Second Floor Flat)

3 Rooms, Kitchen, Bathroom/WC Individual 12 months from1st October 2011

£4,740 ASTThe rent is paid by Scarborough Borough Council

TOTAL £9,940

71 VICTORIA ROAD.indd 1 08/02/2012 13:45

50

LOT 38 3–7 (odd) and 15–19 (odd)Orbital Crescent, Watford,Hertfordshire WD25 0HB

Reserve Below £175,000BY ORDER OF

JOINT LPA RECEIVERS

SITUATIONLocated close to the junction with Evans Avenue in this popular residential area which benefits from excellent road access being just off the A41 less than 2 miles from its junctions with the M25 and M1 providing a direct link to Central London.

PROPERTYPart of a terraced parade comprising 3 Ground Floor Shops (which currently intercommunicate) with separate rear access to 3 Self-Contained Flats above. The property benefits from rear access via a service road.


FREEHOLD

Vacant Triple ShopPlus 3 ValuableReversions VENDOR’S SOLICITORS

Matthew Arnold & Baldwin LLP - Tel: 01923 202020Ref: W. Ramsey Esq - Email: [email protected] The Surveyors dealing with this property are

MATTHEW BERGER and JONATHAN ROSS FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUEThe successful Buyer will be liable to pay the Auctioneers an administration


6 WEEK COMPLETION


Nos. 3, 5 & 7(Ground Floor Triple Shop)

Gross Frontage 73'2"Internal Width 71'0"Built Depth (max) 35'0"WC

VACANTNo. 15(Flat)

Not inspected 2 Individuals 99 years from28th May 1998

£50 FRIRent risesValuable Reversion is approx. 85 years

No. 17(Flat & Garage 5)

Not inspected Individual 99 years from31st August 1994

£50 FRIRent risesValuable Reversion is approx. 81 ¼ years

No. 19(Flat)

Not inspected Individual 99 years from29th September 1989

£50 FRIRent risesValuable Reversion is approx. 76 ½ years

TOTAL £150 plus Vacant Triple Shop

3 ORBITAL CRESCENT.indd 1 08/02/2012 13:47

51

LOT 39 13/15 High Street, Hucknall, Nottingham NG15 7HJ


SITUATIONOccupying a prominent trading position in the heart of the town centre, close to branches of Barclays, Boots, Natwest, Card Factory, Holland & Barrett and many others. Hucknall lies 4 miles north west of Nottingham town centre and benefits from good road links via the M1(J27).

PROPERTYA terraced property comprising a Ground Floor Shop with separate rear access to a Self-Contained Maisonette on two upper floors.


FREEHOLD




6 WEEK COMPLETION


Ground Floor Shop

Gross Frontage 16'1"Internal Width 14'7"Shop Depth 35'7"Built Depth 56'11"WCStore Area Approx 140 sq ft

Headway – The Brain Injury Association(Charity Shop having 15 branches)(Visit: www.headway.org.uk)

5 years from 31st August 2007

£11,000 FRI (subject to a schedule of condition)


3 Rooms, Kitchen, Bathroom/WC

Individual 6 months from 4th November 2011

£5,220 AST£652 deposit held

TOTAL £16,220

View opposite the Property

13 HIGH STREET.indd 1 08/02/2012 13:48

52

LOT 40 Units 1 to 5Moilliett Court, Soho Way, Smethwick,Birmingham B66 2SU

Guide Price £180,000–£200,000ON BEHALF OF

SITUATIONLocated on this arterial route which links Oldbury with Birmingham in this established industrial area approximately 2 ½ miles north west of Birmingham city centre and 2 miles south of West Bromwich benefiting from easy access to the M5 (Junctions 1 and 2).


FREEHOLD

PROPERTYA single terrace on a 0.53 approx acre site comprising5 Industrial Units each with approx. 13 ft eaves height, roller shutter loading doors and WCs. In addition there is a side car park and a gated communal yard with additional parking.

Note: The Purchaser is to pay the Vendor’s legal costs in accordance with the scale stated in the Special Conditions of Sale.

£22,600 per annum

plus 1 Vacant Unit VENDOR’S SOLICITORS Sandwell Council Legal Department - Tel: 0121 569 3215

Ref: S. Winning Esq - Email: [email protected] The Surveyors dealing with this property areSTEVEN GROSSMAN and JONATHAN ROSS FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


4 WEEK COMPLETION


Unit 1 GIA Approx 1,025 sq ft (Not inspected) VACANT

Unit 2 GIA Approx 1,025 sq ft Nadim Mahmood(Storage)

3 years from1st June 2009

£5,800 FRITenant’s Break at any time on 3 months notice

Units 3 & 4 GIA Approx 2,050 sq ft(units interconnect)

Charjit Sahanit/a Response Embroidery

3 years from10th February 2005

£10,800 FRI (subject to scheduleof condition)S.25 Notice served terminating tenancy on 31/5/11 and proposing new 3 year lease at £11,000 p.a.

Unit 5 GIA Approx 1,055 sq ft David Ingram & Roger Green t/a Gramton Engineering Co(Press tools)

3 years from1st June 2011 (In occupation

for over 10 years)

£6,000 FRITenant’s Break at any time on 3 months notice

Total GIAApprox

5,155 Sq FtTOTAL £22,600 plus

1 Vacant Unit


UNITS 1-5 MOILLIETT COURT.indd 1 08/02/2012 14:38

53

LOT 41 17 Woodchurch Road, West Hampstead, London NW6 3PL

Reserve Below£1,500,000

IN SAME OWNERSHIP SINCE 1983

SITUATIONLocated close to the junction with Priory Road in this highly sought after and vibrant residential area and within easy walking distance to the various shopping facilities and restaurants in West End Lane and Finchley Road (A41). West Hampstead Underground (Jubilee Line) and Main Line Stations are within close proximity. West Hampstead lies approximately 1 mile from Regent’s Park and 2 ½ miles from the West End.

PROPERTYA substantial detached property comprising 12 Studio Bed-Sits each with Kitchenettes and sharing 2 Communal Bathrooms and 3 WCs together with a Large Garden and the possibility for Off-Street Parking. Two of the bed-sits have been recently re-modernised with newly fitted Showers/WC’s. In addition, there is separate side access to aSelf-Contained Garden Flat.

Gross Internal Area Approx. 3,400 sq ft


FREEHOLD

Note 1: The property is registered as an HMO with a licence from 5th May 2009 for 5 years.

Note 2: 14 Woodchurch Road NW6 sold for £2,720,000 in September 2010.

Note 3: An HMO on a terraced house at 20 Greencroft Gardens NW6 sold for £1,250,000 at auction in July 2011 and comprised 8 Bed-Sits with an income of only £41,520 p.a.

Note 4: An HMO on a semi-detached house at 41 Christchurch Hill NW3 sold for £1,150,000 at auction in Dec 2011 and comprised 1 maisonette and 6 studio flats with a combined income of £42,430 p.a.

£98,132.56 per annumPlus 1 Vacant Room The Surveyors dealing with this property areJOHN BARNETT and SOPHIE TAYLOR

6 WEEK COMPLETION


No

14

– Se

e N

ote

2

17 WOODCHURCH ROAD.indd 1 08/02/2012 14:51

54

LOT 4117 Woodchurch Road, West Hampstead, London NW6 3PL

VENDOR’S SOLICITORS Fishman Brand Stone Solicitors - Tel: 020 7935 2408

Ref: P Neidle Esq - Email: [email protected]




Self-Contained Garden Flat 1 Room, Kitchen, Bathroom/WC Individual 3 years from 16th August 2010

£13,000 AST

Room 1 (Ground Floor) 1 Room with Kitchenette Individual Regulated Tenant since 1977

£5,188.56 EDR14th May 2010

Room 2 (Ground Floor) 1 Room with Kitchenette plus Shower/WC Individual 12 months from 24th September 2011

£11,440 AST

Room 3 (Ground Floor) 1 Room with Kitchenette

VACANT(Estimated £3,400 p.a.)

Room 4 (Ground Floor) 1 Room with Kitchenette plus Shower/WC Individual 12 months from 1st October 2011

£11,440 AST

Room 5 (First Floor) 1 Room with Kitchenette Individual 6 months from 23rd August 2010


Room 6 (First Floor) 1 Room with Kitchenette plus Shower/WC Individual Regulated Tenant since 1984

£5,262 EDR14th May 2010

Room 7 (First Floor) 1 Room with Kitchenette Individuals 12 months from 8th October 2011

£8,580 AST

Room 8 (First Floor) 1 Room with Kitchenette Individual 6 months from 11th November 2010


Room 9 (First Floor) 1 Room with Kitchenette Individual 6 months from 22nd September 2011


Room 10 (First Floor) 1 Room with Kitchenette Individual From 22nd May 2005 £3,640 ASTHolding Over

Room 11 (Second Floor) 1 Room with Kitchenette Individual Regulated Tenant since 1982

£5,262 EDR13th May 2010

Room 12 (Second Floor) 1 Room with Kitchenette Individual 12 months from 17th May 2010


TOTAL GIAAPPROX 3,400 SQ FT

CURRENT TOTAL

£98,132.56 plus 1 Vacant Room

ESTIMATED TOTAL £101,532.56

17 WOODCHURCH ROAD.indd 2 08/02/2012 14:51

55

LOT 42 Car Park at 49 West StreetBoston, Lincolnshire PE21 8QN


SITUATIONOccupying a prominent position adjacent to Boston Bus & Coach Station, fronting Boston Health Clinic, opposite Boston Borough Council and Wickes. West Street houses a host of multiples including Pizza Hut, Coral, Dunelm Hill, Blockbuster, The Co-Op Food and West End Cinema. Boston lies on the A16 approximately 30 miles north-west of Peterborough and 30 miles south-east of Lincoln. PROPERTYA former shopping centre, cinema and nightclub which is currently used as a Car Park which can hold up to approx 60 cars (See Planning) on a Site of Approx. 14,000 sq ft (0.32 acres).


FREEHOLD

TENANCYThe entire property is let on an annual Licence (in occupation since July 2010) to Industry Investments South Western Ltd at a current rent of £31,200 per annum exclusive.

PLANNINGThe property was granted planning permission by Boston Borough Council for ‘Temporary Car Park Use’ in January 2009 for 3 years. The planning has just been extended for a further 3 years

Note 1: We are informed that the Car Park is operated by a local businessman and turnover is approx. £1,500 per week.

Note 2: There may be future potential to develop the site into a mixed used scheme subject to obtaining the necessary consents.

Note 3: The wall shown on the right hand side in the photo belongs to the property and may be suitable for advertising hoardings to produce additional income, subject to obtaining the neccessary consents.

Note 4: The occupier can determine the Licence at any time on one weeks notice.

£31,200 per annum VENDOR’S SOLICITORS Bambridges Solicitors - Tel: 01205 310 510

Ref: D Bambrdge Esq - Email: [email protected] The Surveyors dealing with this property areNICHOLAS BORD and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

View from Car Park along West Street


WEST STREET CAR PARK.indd 1 08/02/2012 13:51

56

LOT 43 Land at North Circular Road, Park Royal, London NW10 7GA


BY ORDER OF THE COURT

SITUATIONLocated on the south side of this major arterial road, opposite the well know Hoo Hing Oriental Supplies, and within close proximity to the Hanger Lane Roundabout and with direct access from the North Circular Road (A406).

PROPERTY AND ACCOMMODATIONAn irregular shaped site used for the storage of new and used cars in conjunction with the adjoining Mercerdes Car Dealership (which is not included with this Lot).

Site Frontage 78 ftSite Depth (max) 76 ftSite Area Approx 4,950 sq ft (0.11 acres)

TENANCYThe entire property is let on a full repairing and insuring lease to Mercedez-Benz Retail Group UK Ltd (formerly Daimlerchrysler Retail Ltd) (T/O for Y/E 31/12/10 £1.25 bn, Pre-Tax Profit £16.4 m and Net Worth £27.4 m) for a term of 25 years from 26th May 2005 at a current rent of £20,000 per annum exclusive.

Rent Reviews May 2010 (Outstanding) and 5 Yearly

Mutual Breaks 2015 and 5 Yearly


FREEHOLD

Note 1: The Tenant did not operate the 2010 break clause.

Note 2: The lease is excluded from s. 24-28 of the Landlord & Tenant Act 1954.

£20,000 per annum

JOINT AUCTIONEERSReiff & Co, Lower Ground Floor, 36 Manchester Street,London W1U 7LH. Tel: 020 7487 9771. Ref: T. Reiff Esq

VENDOR’S SOLICITORSBosworths - Tel: 020 8577 0322

Ref: J. Osbourne Esq - Email: [email protected] The Surveyors dealing with this property areJOHN BARNETT and SOPHIE TAYLOR FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


POSSIBLE DEVELOPMENT POTENTIAL6 WEEK COMPLETION


LAND AT NORTH CIRCULAR RD.indd 1 08/02/2012 15:12

57

LOT 44 52 High Street, Brierley Hill, Dudley, West Midlands DY5 3AW


SITUATIONLocated in the town centre close to the junction with Cottage Street, opposite Lloyds TSB and Mecca Bingo, and approx. 100 yards from the Moor Centre which hosts such multiple traders as Boots, Greggs, Betfred and Superdrug.Brierley Hill is a suburb approximately 10 miles west of Birmingham with easy access to the motorway network via the M5 (Junction 2), some 4 miles to the east.

PROPERTYA mid terraced building comprising a Ground Floor A1 Coffee Shop with separate rear access to a Self-Contained Flat on the First and Second Floors. In addition, the property includes a Rear Garden.


FREEHOLD

£13,000 per annum VENDOR’S SOLICITORS Wilkin Chapman - Tel: 01472 262 626

Ref: M. Chilvers Esq - Email: [email protected] The Surveyors dealing with this property areSTEVEN GROSSMAN and MATTHEW BERGER FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

TENANCIES & ACCOMMODATION Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks

Ground Floor Shop

Gross Frontage 14'8"Internal Width 10'4"Widening to 15'8"Shop Depth 56'8"Built Depth 78'3"WC

L. Finnt/a Jenny’s

12 years fromFebruary 2012

£13,000 Effectively FRIRent Reviews 2016and 2020

First & Second Floor Flat

Not inspected Individual 199 years from1st February 2008

Peppercorn Effectively FRI

TOTAL £13,000

52 HIGH STREET.indd 1 08/02/2012 13:54

58

LOT 45 38 Church Street, Wolverton, Milton Keynes, Buckinghamshire MK12 5JN


BY ORDER OF MORTGAGEES

SITUATIONOccupying a busy trading position opposite the Agora Shopping Centre and Open Air Market (Wednesday, Friday, Saturday) and amongst multiples such as Betfred, The Co-Operative Food, Nationwide and The Co-Operative Travel. Wolverton lies 2 miles north of Milton Keynes and benefits from excellent road access via the A5 and M1 (Junction 14).


FREEHOLD

PROPERTYA mid terraced building comprising a Ground Floor Shop with separate front access to a Self-Contained Flat at First & Second Floor level. In addition, there is a Rear Workshop accessed via Radcliffe Street.

JOINT AUCTIONEERKingsbury Consultants – Tel: 020 7183 2529

Ref: K. Goldstein EsqVENDOR’S SOLICITORS

TWM Solicitors - Tel: 01737 221 212Ref: M Jones Esq - Email: [email protected]

The Surveyors dealing with this property areNICHOLAS BORD and MATTHEW BERGER FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION


Ground Floor Shop

Gross Frontage 18'7"Internal Width 12'4"Shop Depth 26'10"Built Depth 38'10"WC

Elizabeth Gaughan(Mens Hairdressers)

10 years from14th March 2011(In occupation

for 8 years)

£9,500 FRI (subject to a scheduleof condition)Rent Review 2016Excluding sections 24-28 of theL & T Act 1954.Note 1: Tenant's Break any time within 1 year of the 2016 rent review being agreed.

First & Second Floor Flat

4 Rooms, Loft Room (5’8” restricted height) Kitchen, Shower Room/WC

Individual 1 year from22nd July 2011

£7,800 AST£831 Rent Deposit held

Rear Workshop Area Approx 250 sq ft* VACANTTOTAL

£17,300Plus Vacant Workshop

View Towards Property

Note 2: The Buyer will contribute £1,800 + VAT towards the Vendor’s legal costs.

Note 3: The Vendor has received email notification from the Local Authority requesting the repair or replacement of windows to the flat.

*Not inspected. Area provided by Vendor.

38 CHURCH STREET.indd 1 08/02/2012 13:55

59

LOT 46 2 North Bridge Street, Sunderland,Tyne & Wear SR5 1AD


SITUATIONOccupying a prominent trading position close to the junction with Millenium Way, only a few hundred yards from Sunderland Football Club (The Stadium of Light) and Stagecoach North East Head Office, 1 ½ miles from the city centre and within close proximity of St Peters Station (Tyne & Wear Metro). Sunderland is located approximately 12 miles south east of Newcastle and benefits from good road links via the A19 and A1(M).

PROPERTYA mid terraced building comprising a Ground Floor Takeaway with separate f ront access to aSelf-Contained Flat at first floor level.


FREEHOLD

£10,400 per annum

Plus Vacant Flat VENDOR’S SOLICITORS Vincent French & Browne - Tel: 020 7831 4994

Ref: Ms Jill Mehrjl - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION


Ground Floor Shop

Gross Frontage 20'11"Internal Width 15'7"Shop Depth 30'1"Built Depth 61'5"Rear Store Area Approx 225 sq ftExternal WC

E Qurbani (Takeaway)

25 years from30th January 2007

£10,400 FRIRent Reviews 2012 & 5 yearly

First Floor Flat 3 Rooms, Kitchen, Shower Room/WC

VACANTCentral Heating (Not Tested) & Double Glazed Windows

TOTAL £10,400 Plus Vacant Flat

2 NORTH BRIDGE STREET.indd 1 08/02/2012 13:56

60

LOT 47 310 Bolton Road, Blackburn, Lancashire BB2 4HY


SITUATIONLocated directly opposite Blackburn Football Stadium and amongst such multiples as Boots Pharmacy, Ladbrokes Iceland and McDonald’s.Blackburn lies on the main A666 midway between Preston and Burnley, enjoying easy access to the M65 and M6 motorways.

PROPERTYA mid terraced property comprising a Ground Floor Shop with internal access to Ancillary/ Storage on the First Floor. In addition, the property includes an ATM within the shop front and benefits from rear access.


FREEHOLD

£4,200 per annum

plus ATM Revenue VENDOR’S SOLICITORS Vincent, French & Browne - Tel: 020 7831 4994



6 WEEK COMPLETION


Ground Floor Shop & First Floor Store

Ground Floor ShopGross Frontage 14'9"Internal Width 15'9" (max)Built Depth 32'0"First Floor StoreArea Approx 420 sq ft inc WC

Caroline Cox(Card & Gift Shop)

4th February 2011to 3rd April 2012

£4,200

ATM Cardpoint Services Ltd 5 years from3rd October 2008

See Remarks Vendor receives 35p per cash transaction. Income for 2011 was £1,869.

TOTAL £4,200

View Opposite the Property

310 BOLTON ROAD.indd 1 08/02/2012 13:57

61

LOT 48 40-52 Seaside Road, Eastbourne, East Sussex BN21 3PB

Without Reserve

SITUATIONOccupying a prominent trading position in the main town centre, close to the junction with Susans Road, amongst a host of established retailers, bars and restaurants, together with a large T J Hughes Department Store.Eastbourne is one of the main south coast resort towns enjoying excellent road links with the A27 and the A22 London Road and being 20 miles east of Brighton and 15 miles west of Hastings.

PROPERTYForming part of an established parade comprising4 Ground Floor Shops and 16 Flats on the Upper Floors.


FREEHOLD

Note: The Freeholder insures the building. Current Sum insured £1,750,000. Current premium £4,770.

£100 per annum VENDOR’S SOLICITORS Spratt Endicott Solicitors - Tel: 01295 225 721

Ref: Ms Nicola Muir - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION


Nos. 42-44 & 50

3 Shops Various Held on two999 year leases from 2011

Peppercorn Each FRI

No. 52 1 Shop Happy Pet Ltd 999 years from23rd March 2011

£100 FRI

Nos. 40 & 42 – 46 & 48

16 Flats Douglas Graham Developments Ltd

Held on two leasesfor 999 years from 2010

Peppercorn Each FRI

TOTAL £100

40-52 SEASIDE ROAD.indd 1 08/02/2012 13:58

62

LOT 49 9/17 (odd) Water Street, Rochdale, Lancashire OL16 1TL


SITUATIONLocated close to the junction with River Street in this mixed commercial and residential area just south of the town centre.Rochdale lies on the A58 approximately 10 miles north of Manchester and within easy reach of the M62 (Junction 20).

PROPERTY AND ACCOMMODATIONA Terrace of 5 Commercial Buildings arranged on Ground and First Floors.


FREEHOLD

TENANCYThe entire property is let on a full repairing and insuring lease for a term of 999 years from 1st May 1894 at a current ground rent of £50.98 per annum exclusive (See Note).

Rent Reviews 2094 and 100 Yearly to the equivalent value of various bushels of wheat, barley and oats at the time of the review.

Note: We understand that the 999 year lease may have been assigned into two or more parts as the £50.98 p.a. ground rent is paid by three different Parties, but no documentation is available. The ground rent for Nos. 9/13 in the sum of £30.58 p.a. is paid by the occupier of this part and there are no arrears. The ground rent for No. 15 in the sum of £10.20 p.a. and No. 17 in the sum of £10.20 p.a. have not been paid for some time and currently there are arrears of £40.80 and £123.76 respectively which will be payable by the Purchaser.




6 WEEK COMPLETION

9 WATER STREET.indd 1 08/02/2012 13:59

63

LOT 50 14/24 (even) Whittaker Lane, Prestwich, Lancashire M25 1FX


SITUATIONLocated close to the junction with Sores Street in this mixed commercial and residential area and near to the Bury Old Road and approximately 5 miles north of Manchester city centre with easy access to the M60 (Junction 17).

PROPERTY AND ACCOMODATIONForming part of a terrace comprising a Large Workshop / Showroom, 4 Residential Units and a Double Shop.


FREEHOLD

TENANCYThe entire property is let on a full repairing and insuring lease for a term of 999 years from 25th December 1900 at a fixed ground rent of £32 per annum exclusive.

Note: We understand that the 999 year lease may have been assigned into two or more parts as the lessee of No. 24 Whittaker Lane has advised that he covenants to pay the ground rent of £32 p.a. for his unit and the other units within this Freehold Title, but no documentation is available.

£32 per annum VENDOR’S SOLICITORS Ms Alison Sandler - Tel: 020 8906 4411



6 WEEK COMPLETION

14/24 WHITTAKER LANE.indd 1 08/02/2012 14:00

64

LOT 51 26/30 (even) Whittaker Lane, Prestwich, Lancashire M25 1FX


SITUATIONLocated close to the junction with Sores Street in this mixed commercial and residential area and near to the Bury Old Road and approximately 5 miles north of Manchester city centre with easy access to the M60 (Junction 17).

PROPERTY AND ACCOMODATIONForming part of a terrace comprising Three Ground Floor Shops each with internal access to Further Accommodation at First Floor.


FREEHOLD

TENANCYThe entire property is let on a full repairing and insuring lease for a term of 999 years from 24th June 1922 at a fixed ground rent of £12.20 per annum exclusive.

Note: We understand that the 999 year lease may have been assigned into two or more parts as the lessee of No. 26 Whittaker Lane has advised that he covenants to pay the ground rent of £12.20 p.a. for his unit and the other units within this Freehold Title, but no documentation is available.




6 WEEK COMPLETION

26-30 WHITTAKER LANE.indd 1 08/02/2012 14:01

65

LOT 52 Portfolio of 12 Lock-Up Garages, St Helens, Merseyside


SITUATION AND PROPERTYLocated across various residential locations in St. Helens which is a busy town lying some 13 miles north-east of Liverpool enjoying easy access to the A580 and the M6.

8 Garages are located to the rear of Charnwood Street which are accessed via a private gated passageway.1 Garage is located to the rear of Marshalls Cross Road.3 Garages are located to the south of Parkside Avenue.


FREEHOLD

£312 per annum plus8 Vacant Garages VENDOR’S SOLICITORS

W H Matthews & Co - Tel: 020 7251 4942Ref: D. Bristow Esq - Email: [email protected] The Surveyors dealing with this property are

JOHN BARNETT and MATTHEW BERGER FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUEThe successful Buyer will be liable to pay the Auctioneers an administration


6 WEEK COMPLETION

TENANCIES & ACCOMMODATIONProperty Lessee Term Ann. Excl. Rental

Garages 1,2,4 & 7 Charnwood Street VACANTGarages 3, 5, 8 & 9 Charnwood Street Various Each Tenancy at Will £312

(Rents not increased for many years)

Garage at Marshalls Cross Road VACANTGarages 2, 6 & 7 Parkside Avenue VACANT

TOTAL £312 plus 8 Vacant Garages

Charnwood Street Entrance

Garages at Charnwood Street

Note: The vacant garages have not been actively marketed.

PORTFOLIO OF 12 GARAGES.indd 1 08/02/2012 14:02

66

OUR NEXT AUCTION

IS ON

THURSDAY

10TH MAY

2012

LIST STILL OPEN

GENERAL CONDITIONS OF SALEAPPLICABLE TO ALL LOTS

1. INTERPRETATIONThe following expressions shall have the meanings assigned to them: 1.1.1 ‘the Auctioneers’ means Barnett Ross of Brook Point,

1412 High Road, Whetstone, London, N20 9BH. 1.1.2 ‘the Property’ means the property offered for sale by the

Auctioneers as specified in this auction catalogue and/or theSpecial Conditions.

1.1.3 ‘Particulars of the Property’ means those details of the Propertycontained in this auction catalogue whether under reference to its lot number at the auction or in the Special Conditions.

1.1.4 ‘General Conditions’ means the General Conditions of Salehereafter set out.

1.1.5 ‘Special Conditions’ means the Special Conditions of Salerelating to the Property appearing in this auction catalogueand/or in any supplement, rider or addendum thereto.

1.1.6 ‘Standard Conditions’ means the Standard Commercial PropertyConditions (Second Edition).

1.2 The Property is sold subject to the General Conditions, theSpecial Conditions and any Addendum.

1.3 The General Conditions incorporate the Standard Conditions so far asthey are not varied hereby or inconsistent herewith. A copy of theStandard Conditions is available at the Auctioneers’ offices and at theAuction.

1.4 Where there is a conflict between the General and Special Conditionsthe Special Conditions prevail except for all arrears per condition11.1.9.

1.5 Each Buyer shall be deemed to purchase with full knowledge of theGeneral Conditions and the Special Conditions and the matters set outin the Notice To All Bidders printed on the inside front cover of thisauction catalogue.

1.6 References to the singular include the plural jointly and severally,references to masculine include the feminine and vice versa andreferences to persons include companies, unincorporated associations,firms or partnerships and vice versa.

1.7 References to a statute (statutory instrument) or statutory provisionincludes reference to that statute (statutory instrument) or statutoryprovision as from time to time amended, extended or re-enacted.

2. STANDARD CONDITIONS2.1 The following Conditions shall not have effect: Conditions 1.5.1 and 1.5.22.2 The following Standard Conditions shall be amended as follows: 2.2.1 The deposit must be paid before exchange of the memorandum

of contract. 2.2.2 The words ‘or offer for sale as if bidding had not yet commenced

for the sale of the said Lot’ are to be added to Condition 2.3.5after ‘undisputed bid’.

2.2.3 Add to condition 2.3.6 The Deposit is to be held as Stakeholder if the Lot or any part of the Lot is registered for VAT, unless theSpecial Conditions of Sale and/or the Addendum state otherwise.

2.2.4 Condition 2.3.6 is also to apply to a sale pre auction or postauction.

2.2.5 Condition 2.3.7 after ‘breach’ add the words ‘and the buyer willbe responsible for any loss, fees and expenses incurred by theseller’.

2.2.6 Condition 8.1.1 Completion shall be 42 days from the date of thecontract.

3. THE AUCTION3.1 Condition 2.3 of the Standard Conditions will apply as follows: 3.1.1 The Property is offered for sale subject to a reserve price (unless

otherwise stated) 3.1.2 The Seller or a person on its behalf may bid up to but not

including the reserve price. You accept that it is possible that all bids up to, but not including, the reserve price are bids made by or on behalf of the Seller.

3.1.3 In the event of a Dispute, see Standard Condition 2.3.5 asamended in General Condition 2.2.2.

3.2.1 A Bidder shall be deemed to be personally liable on making anaccepted bid even though he shall purport to act as agent for aprincipal or a limited company so that their liability under theagreement shall be joint and several. This is also to relate to sales priorand post Auction.

3.2.2 Any Agent or individual bidder/offeror wishing to be released from the liability under clause 3.2.1 may apply to the Auctioneers in advance ofthe sale. If the Vendor agrees, the Agent or individual bidder/offerorwill be issued with a letter from the Auctioneers stating that hispersonal liability under clause 3.2.1 shall be waived in the event that hisis the successful bid and such waiver will be evidenced by a copy of that letter being attached to the Memorandum of Contract.

3.3 On the Property being knocked down the successful bidder must uponbeing requested by the Auctioneers or the Auctioneers’ clerk give hisname and address and the name and address of the person orcompany on whose behalf he has been bidding and any otherparticulars which the Auctioneers may reasonably request and in defaultthe Auctioneers shall be entitled to re-submit the property for sale andto hold the Bidder liable for any loss whatsoever suffered by the Seller.

3.4 The Auctioneers reserve the right to hold the Memorandum ofAgreement signed by them on behalf of the Seller until the Buyer’scheque for the deposit has been cleared.

3.5 The Auctioneers reserve the right to regulate the bidding and the right(without assigning any reason therefor) in their sole absolute discretionto refuse to accept a bid.

4. DEPOSIT4.1 A deposit of ten per cent (or whatever figure is provided for in the Special

Conditions or Addendum) of the purchase price must be paid to theAuctioneer as agent for the Seller but where the property is VAT registeredthis deposit and any VAT on it will be held as stakeholder, unless theSpecial Conditions of Sale and/or the Addendum state otherwise.

4.2 The Bidder/Purchaser must supply a cheque for the deposit which the Auctioneers will hold at their office. The Bidder will be given the Auctioneer’s bank account details and must arrange to transfer thedeposit monies to the Auctioneer’s client bank account the followingday by way of a same day CHAPS payment. Once these funds arereceived the Auctioneers will return the Bidder’s cheque by post.

4.3.1 In the event that any cheque given as the deposit (or part thereof) shallbe dishonoured upon presentation or the Buyer fails to pay the deposit immediately on request then without notice the Seller shall if it sochooses have the right to deem the conduct of such Buyer as arepudiation of the agreement between the Buyer and the Seller and the Seller may resell without notice and/or take steps which may beavailable to it as a consequence of the Buyer’s breach but withoutprejudice to any claims it may have against the Buyer for breach of the agreement between the parties or otherwise.

4.3.2 In the event of the Auctioneers exchanging contracts over thetelephone with a Purchaser’s solicitor whereby the deposit is to be paidby way of a CHAPS payment then in the event of the cleared funds not being received by Barnett Ross within 24 hours from the time ofexchange the Vendors will similarly have the right to treat this as a repudiation of the agreement and can take such steps as in 4.3.1.

4.4 Without prejudice to the generality of the Seller’s rights as aforesaid the Seller will additionally be entitled to recover from the Buyer the sum of £100.00 plus VAT to cover the costs incurred by the Auctioneers in representing each and every dishonoured cheque or presenting any replacement.

4.5 The Buyer agrees that the interest earned on the deposit (if any) shallbe applied for the benefit of the Auctioneers who shall be entitledto retain all such interest whether or not the purchase is completed.

5. TITLE5.1 In the case of registered land title to the Property shall be deduced in

accordance with Schedule 3 of the Land Registration Act 2002.5.2 In the case of unregistered land title to the Property shall be deduced

in accordance with the Special Conditions.

6. CAPACITY OF SELLER6.1 The Seller sells with Full Title Guarantee.

7. INCUMBRANCES AFFECTING THE PROPERTY7.1 If the Property is registered at HM Land Registry the Property is sold

subject to and with the benefit of all (if any) entries on the Land Register of the Title Number specified in the Special Conditions.

7.2 If the Property is not registered at HM Land Registry the property is sold subject to and with the benefit of all those matters containedmentioned or referred to in the documents specified in the Special Conditions.

7.3 A copy of either the Land Register and Filed Plan of the Title Numberof the Property or the documents specified in the Special Conditions having been made available for inspection at the offices of the Seller’s Solicitors and/or the Auctioneers (or which may be supplied at the discretion of the Seller’s Solicitors or Auctioneers subject to payment ofthe proper copying charges) the Buyer shall be deemed to purchasewith full knowledge of the contents thereof whether he has inspectedthe same or not and notwithstanding any incomplete or inaccurate statement thereof in the Special Conditions and shall raise norequisitions or objections with regard thereto.

7.4 The Buyer shall raise no objection requisition or enquiry in respect ofany rights covenants obligations easement quasi-easements privileges licences subsisting acquired or being acquired over under or in respectof the Property whether or not the same are disclosed to the Buyer. The Seller and the Auctioneers shall be under no liability to disclose thesame whether or not the same are known to them.

70

8. LOCAL LAND CHARGES AND PUBLIC RIGHTS8.1 The Property is sold subject to all matters registered or capable of

being registered (whether registered or not) in any Local Land Charges Register and the requirements orders notices proposals demands and requests of any public or local authority which affect or relate to the Property whether arising before or after the date hereof and all financial and other restrictions liabilities and obligations arising therefrom.

8.2 For the purposes of Section 6(2)(a) of the Law of Property(Miscellaneous Provisions) Act 1994 all matters recorded in registersopen to public inspection are to be considered within the knowledge of the Buyer.

8.3 The buyer acknowledges that notwithstanding any statement in theSpecial Conditions, Particulars and Addendum no representation warranty or condition is made or implied whether directly indirectly or collaterally as to:

8.3.1 the permitted user of the Property under the Town and Country Planning Acts.

8.3.2 the state or condition of the property or any part thereof. 8.3.3 whether the Property is subject to road widening proposals and

schemes. 8.3.4 whether the Property is in an area designated for redevelopment.

9. COMPLETION9.1 The completion date will be 42 days from the date hereof unless varied

by the Special Conditions, Particulars or Addendum, but otherwise completion will take place in accordance with Standard Condition 8.

10. LEASEHOLD PROPERTY10.1 Condition 10 of the Standard Conditions shall apply.

11. TENANCIES11.1 If the Special Conditions state that the Property is sold subject to and

with the benefit of any tenancies leases or other occupancies: 11.1.1 the only representation made or intended to be implied by or

from the Special Conditions is that the amounts of rent stated are the rents actually payable or being paid by the tenants to theSeller.

11.1.2 no representation is made that those rents are properly payable. 11.1.3 no representation is made that any notices served were valid in

proper form or properly served. 11.1.4 the Seller shall not be required to furnish copies of any notices

served by him or his predecessors in title. 11.1.5 the Buyer shall be satisfied with such evidence or information of

the terms of the tenancies as the Seller can supply whether such have been produced in writing or not.

11.1.6 the Buyer will satisfy himself before bidding as to the correctnessof all rents and other details of the tenancies leases oroccupancies and no objection requisition or enquiry shall bemade by the Buyer whether or not he has made such enquiries asto the correctness or otherwise of such rentals or that the sameare not lawfully recoverable either in whole or in part and theBuyer shall not be entitled to refuse to complete or to demand compensation or damages or in any way make any claim or counterclaim or claim compensation on account of any of these matters.

11.1.7 nothing shall be incorporated in any sale either directly indirectlyor collaterally whether by way of condition warranty or representation as to whether in the case of a Property soldsubject to any tenancy that there are subsisting any sub-tenancies or similar such occupations and whether or not any shall be disclosed at or before the Auction the Buyer shall be deemed to purchase with full knowledge of any such tenancies that theremay be whether or not he shall have enquired of the Auctioneersor have inspected and no objection shall be taken or requisition made on account thereof.

11.1.8 if at the date of completion there shall be due to the Seller anysums in respect of rent, insurance premium or any other sums due from the tenants such sums shall be paid in full to the Seller bythe Buyer and the Seller if required by the Buyer will assign to the Buyer the benefit of such sum or sums.

11.1.9 the liability of the Buyer for arrears of rent shall extend only to the period of time commencing one clear quarter immediately priorto completion and in regards to insurance and/or service chargeto one clear year prior to completion unless The SpecialConditions and/or the Auctioneer’s Addendum containparticulars of the arrears and the periods to which they relate.

12. FIXTURES AND FITTINGS12.1 Any fixtures and fittings subject to any lien or hire purchase loan or

credit agreement are expressly excluded from the sale.12.2 The Seller makes no representation as to the ownership of any electric

wiring, fittings, gas installation and fittings, and central heatinginstallations which may be on hire or hire purchase from the supply companies. In such case the Seller accepts no liability for any payments that may be outstanding in respect thereof and the Property is soldsubject thereto.

13. MISREPRESENTATION13.1 The Buyer acknowledges that: 13.1.1 no statement or representation which may previously have been

made to him or any person concerned on his behalf by or onbehalf of the Seller whether orally or in writing induced him toenter into this agreement.

13.1.2 any such statement or representation as aforesaid does not form part of this agreement and

13.1.3 any liability of the Seller in respect of any statement made to the Buyer at law or in equity is hereby excluded to the extentauthorised by the Misrepresentation Act 1967.

13.2 Any measurements given in the particulars of the Property or Special Conditions are approximate for guidance only and photographs orplans are for convenience only and each is excluded from the basis ofthis agreement.

13.3 It is the Buyer’s responsibility to satisfy himself before making a bid asto the accuracy of the Particulars of the Property and the Special Conditions.

14. VALUE ADDED TAX ‘VAT’14.1 Except where stated in the Special Conditions and/or in the Particulars

and/or in the Addendum of the Lot: 14.1.1 VAT will not be chargeable on the sale of the Property. 14.1.2 the Seller warrants and undertakes to the Buyer that the Seller

has not elected to waive VAT exemption in respect of theproperty nor has he notified HM Customs and Excise of any such election and will not do so prior to completion.

14.2 Any obligation to pay any other sums of money pursuant to theprovisions of the General Conditions or the Special Conditions includesan obligation to pay any VAT chargeable in respect of that payment.

15. AUCTIONEERS’ RIGHTS15.1 The Auctioneers act only as agents for the Seller and are not

responsible for any default by the Seller or Buyer.15.2 The Auctioneers shall not be under liability financial or otherwise in

respect of any of the matters arising out of the Particulars of theProperty and the Special Conditions and any matters arising out of the auction.

15.3 No claim shall be made by the Buyer against the Auctioneers in respectof any loss damage claims or demands suffered or received by theBuyer as a consequence of the Buyer acquiring or agreeing to acquirethe Property.

16. SALE BY PRIVATE TREATY16.1 The Seller reserves the right to sell the Property by private treaty at any

time before the auction.16.2 The Seller reserves the right to withdraw the Property from sale at any

time prior to exchange of contracts.16.3 The Seller reserves the right to amend or add to the Particulars of the

Property and the Special Conditions at any time prior to the auction.

17. INSURANCEPlease refer to Clause 7 of the Standard Commercial Property Conditions (Second Edition) as well as the Special Conditions of Sale relating theretoand/or the Addendum.

18. GENERAL18.1 The provisions of this agreement – except insofar as they are fully

satisfied on completion – shall not merge on completion but shallcontinue to subsist for so long as may be necessary to give effectthereto.

18.2 Where the property sold forms part of a larger title the Assurance to the Buyer shall contain:

18.2.1 an easement providing for the free flow of water soil gaselectricity and other services from and to any adjoining land and premises belonging to the Seller through any sewers, drains, watercourses, pipes, wires, cables and conduits now existing in or under the said property or substituted therefore by the purchaseror its successors.

18.2.2 a covenant by the Buyer with the Seller to contribute and pay adue proportion as apportioned by the Seller to the said propertyof the costs, charges and expenses of cleaning and lighting repairing and maintaining pavements yards and ways adjoiningthe said property, staircases, sewers, drains, pipes, wires, conduits and watercourses of the said property or any part thereof whichmay be used or enjoyed by the Purchaser and all other persons lawfully entitled thereto.

18.2.3 The following exceptions and reservations ‘Except and reserving unto the Seller and its successors the right in common with the Buyer and all other persons lawfully entitled thereto to use all sewers, drains, pipes, wires, conduits and watercourses now in or upon the said property or any part thereof and freely to run andpass water, soil and electricity through and along the same or anyof them AND excepting and reserving the right in common withthe Buyer and all other persons lawfully entitled thereto to usethe pavements, yards and ways adjoining the said property’.

January 201271

82% Sale

A 3 Shepherd Street, Mayfair, London W1 Withdrawn Prior

B The Old Post Office, Thames House, High Street,Bray, Berkshire Refer

1 75/81 Rice Lane, Walton, Liverpool £1,000

2 151 & 157 Highfields Road, Bradley, Bilston, West Midlands £73,500

3 46 Glengall Road, Edgware, Middlesex £255,000

4 849 High Road, Goodmayes, Ilford, Essex Withdrawn

5 615/617/619 Watford Way, Mill Hill, London NW7 Sold Prior

6 Token Yard, R/O 77 Putney High Street, Putney,London SW15 £5,000

7 11 Hurstwood Court, Finchley Road, Temple Fortune,London NW11 £136,000

8 40 Regent Street, Great Yarmouth, Norfolk £159,000

9 100 Hirst Crescent, East Lane, Wembley, Middlesex Sold Prior

10 24 New Street, Wellington, Shropshire Sold After

11 61/62 Queens Road, Hastings, East Sussex Sold Prior

12 72/76 Bradshawgate, Bolton, Lancashire £375,000

13 114 Turnpike Lane, Hornsey, London N8 Sold Prior

14 21/21A Finchfield Road West,Wolverhampton, West Midlands Sold Prior


16 58 Drayton Park, Highbury, London N5 £100,000

17 Flat 3, 36 Upper Tollington Park, Finsbury Park,London N4 Sold Prior

18 9 Gloucester Parade, Blackfen Road,Sidcup, Kent £260,000

19 52 Wrotham Road, Welling, Kent £120,000

20 104/106 Riverside Way, Northampton, Northamptonshire Sold Prior

21 66a Weston Street, Borough, London SE1 Sold After

22 62/64 Weston Street, Borough, London SE1 Sold After

23 4 High Street, Alfreton, Derbyshire Sold After

24 857 Whittingham Lane, Whittingham Goosnargh,Preston, Lancashire £69,000

25 Plumb Center, Black Lane, Macclesfield, Cheshire £390,000


27 6 High Causeway, Whittlesey, Peterborough,Cambridgeshire £89,000

28 150 Old Brompton Road, Kensington, London SW5 Refer

29 25 High Street, Hornsey, London N8 £170,000

30 66 Commercial Street, Newport, Gwent £199,000

31 Land at Law Hall Lane, Bendish, Hitchin, Hertfordshire Sold After

32 290 Clapham Road, Stockwell, London SW9 £260,000

33 94 Kew Road, Richmond-upon-Thames, Surrey £274,000

34 36A Langdale Road, Runcorn, Cheshire £89,000

35 99 High Street, Bedford, Bedfordshire Withdrawn Prior

36 448 Hollinwood Avenue & 7 Glossop Terrace,Moston, Greater Manchester £99,000

37 1 Finchfield Road West,Wolverhampton, West Midlands Sold Prior


39 41-51 Queen Street, Burslem, Stoke-on-Trent Withdrawn Prior

40 263-267 Whitley Road, Whitley Bay, Tyne & Wear Sold Prior

41 1A Hatherley Gardens, East Ham, London E6 £168,000

42 15/17/19 Finchfield Road West,Wolverhampton, West Midlands Sold Prior

43 5/7/9 Finchfield Road West,Wolverhampton, West Midlands Sold Prior

44 The Queen Victoria Public House, 57 Rice Lane,Walton, Liverpool £500

45 127/129 High Street, Acton, London W3 £5,500

46 The Bungalow, Colliers End, Standon, Hertfordshire Sold Prior

47 Ground Rents in Lunt Road, Bootle, Liverpool £11,000

Brook Point, 1412 High Road, Whetstone, London N20 9BHTelephone: 020 8492 9449 Fax: 020 8492 7373

RESULTS OF AUCTION HELD ON 14 DECEMBER 2011

45 Lots Offered – 37 Lots Sold – Total Raised £6,940,000

Lot Property Sale Available Price Price (Subject to contract)

Lot Property Sale Available Price Price (Subject to contract)

72

Property ..........................................................................................................................................................................................................................................................................................................................

.......................................................................................................................................................................................................................................................................................................................................................

Vendor ...............................................................................................................................................................................................................................................................................................................................

Purchaser .......................................................................................................................................................................................................................................................................................................................

Address ............................................................................................................................................................................................................................................................................................................................

.......................................................................................................................................................................................................................................................................................................................................................

Post Code .................................................................................................................................... Telephone .............................................................................................................................................

Purchase Price (excluding any VAT) £

Deposit (subject to bank clearance) £

Balance due on Completion £

The Vendor agrees to sell and the Purchaser agrees to buy the Lot for the Price.This Agreement is subject to the Conditions of Sale so far as they apply to the Lot.

We confirm this sale and receipt of the Deposit.

Signed by or on behalf of the Purchaser ...................................................................................................................................................................................................................................

Signed by the Auctioneers on behalf of the Vendor ...................................................................................................................................................................................................

The Purchaser’s Solicitors are .......................................................................................................................................................................................................................................

.......................................................................................................................................................................................................................................

.......................................................................................................................................................................................................................................

Telephone .......................................................................... Reference ............................................................................................

If signing on behalf of the Purchaser, please complete the following:

Name of Bidder .......................................................................................................................................................................................................................................................................................................

Address ..............................................................................................................................................................................................................................................................................................................................

.......................................................................................................................................................................................................................................................................................................................................................

Telephone ...................................................................................................................................... Capacity ....................................................................................................................................................

Date ...........................................................................

MEMORANDUMAUCTION 29TH FEBRUARY 2012

LOT

Following Auction – Thursday 10th May 2012

To enter your lots, please contact:

John Barnett FRICS

Jonathan Ross MRICS

Steven Grossman MRICS

Matthew Berger BA (Hons)

Nicholas Bord BSc (Hons)

Sophie Taylor BSc (Hons)

VENUE

The Radisson Blu Portman Hotel22 Portman SquareLondon W1H 7BG

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Brook Point, 1412 High Road, Whetstone, London N20 9BH

Telephone: 020 8492 9449 Fax: 020 8492 7373

Email: [email protected] Website: www.barnettross.co.uk