property auction - venmore auctions · in a year of doom and gloom predictions, venmore auctions...

www.venmoreauctions.co.uk | 0151 236 6746

The Town Hall, High Street, Liverpool, L2 3SW

PropertyAuction1.00pm Wednesday14th December 2016


New horizonsIf 2016 hasn’t been the most stable year inpolitics, then take solace in the fact that theLiverpool Property Market continues to go fromstrength to strength even with all of thesupposed turbulence going on around us!In a year of doom and gloom predictions,Venmore Auctions have sold 82.5% of the lotsthat we have offered for sale so far in 2016, andat the time of going to print we are still in activenegotiations on other remaining lots from theprevious auction, meaning that this percentagewill inevitably improve – when all is said anddone and we set out the mince pies on thefireplace on Christmas Eve, we are hopeful tohave sold in the region of a staggering 90% ofall properties which will have been offered thisyear. This shows that the concrete figures painta much rosier picture of the local market thanthe general mood amongst the ‘experts’ mayhave initially suggested.The December Auction represents a perfectopportunity to sign off the year with a greatpurchase, be it for investment or otherwise, witha wide array of different properties offeredranging from bargain buy to let investments tostunning family homes.The eyes of keen investors will automatically bedrawn to 14 Finlay Street in the buoyant studentrental area of Kensington. The property iscurrently configured as a 3 bedroom with 2reception rooms and is already providing a yieldof around 13% based on the guide price of£60,000, but those who know the area will beaware that the style of property could beextended/reconfigured to allow for as many 7lettable rooms with an expected income ofaround £32,760 p.a., over half of the guide price!Home buyers would be remiss not to look at 52Church Road in the desirable residential area ofRoby. Offered with a guide of £275,000 to£300,000, the property has some magnificentoriginal features and a staggering amount ofspace which must be seen to be properlyappreciated, this beautiful house could be theperfect family home for a new owner once thefinishing touches are applied.We hope there is plenty to tempt you in our finalauction of 2016 and would like to take thisopportunity to wish you all a Merry Christmasand a prosperous New Year.

A Quick Guide to AuctionsPrior to AuctionWe would advise that the majority of auction properties can be inspected prior to the auctiondate. Viewing can be made by contacting the Auction Team on 0151 236 6746.Each lot is sold subject to the conditions of sale as printed in this catalogue and containedwithin the Contract. We would recommend you seek legal advice if you are in any doubt as tothe content of these conditions.If you are interested in bidding for a lot, we suggest that you pass a copy of this catalogue toyour Solicitor who can then start the necessary legal enquiries. As you will enter into a bindingcontract with the fall of the hammer and pay a non-refundable deposit, your financialarrangements should be made in advance.In the event that you are unable to attend the Auction it is possible to bid by telephone or proxyand further details can be obtained from Venmore Auctions. All bidders who cannot attend onthe date must register their telephone or proxy bid by 10am on the day of the auction.A guide price is provided for each lot. This is intended purely as an indication of the suggestedvalue a reserve price is set for each property and this figure is not disclosed to the public priorto the auction date.Sometimes a property may be sold prior to auction, postponed or withdrawn. We advise thatyou check our website or telephone the auction department on the morning of the Auction toconfirm that the lot(s) you are interested in are included in the sale.On Auction DayAn auction addendum sheet will be made available on our website and on the day of auction.We would advice all interested parties check the addendum for any variations to the propertythey are bidding on.Legal packs for each property will be available on our website prior to the auction and are alsoavailable in the auction room for inspection. There will also be solicitors in attendance at theauction if you have any queries on the legal packs.You do not need to pre-register to attend the auction, however if you are intending on biddingon a lot(s), you will need to bring with you 2 forms of identification, details of your solicitors andyour 10% Deposit and Buyers fee which can be paid by card, cheque, bankers draft or cash.

Contact Us...Ronan Connolly – Auction DirectorEmail: [email protected]

Helen Wilson – Administration ManagerEmail: [email protected]

Ruby Fletcher – Auction Co-ordinatorEmail: [email protected]

Phil Dillon – Auction Sales ManagerEmail: [email protected]

Price Information*Guide prices are provided as an indication of each seller's minimum expectation.They are not necessarily figures which a property will sell for and may change at anytime prior to the auction. Each property will be offered subject to a Reserve price (afigure below which the Auctioneer cannot sell the property during the auction) whichwe expect will be set within the Guide Range or no more than 10% above a singlefigure Guide.Reserve price is the seller’s minimum acceptable price at auction and the figure belowwhich the auctioneer cannot sell. The reserve price is not disclosed and remainsconfidential between the seller and the auctioneer. Both the guide price and thereserve price can be subject to change up to and including the day of the auction.

We are now accepting instructions for our

15th February 2017 Auction

Closing date 20th January 2017

Contact our team on 0151 236 6746


Order of LotsLots 1-52

Lot Address Guide Price*

* Please refer to inside front cover. Please note there is a £750 + Vat buyers administration charge on each lot purchased (unless stated otherwise in the property description)

1 77 September Road, Liverpool, L6 4DG £25,000 - £30,0002 24 Corwen Road, Liverpool, L4 7TL £90,000 Plus3 9 Fountains Road, Liverpool, L4 1QH £20,000 - £25,0004 60 Winslow Street, Liverpool, L4 4DJ £35,000 Plus5 82 Milman Road, Liverpool, L4 5SJ £25,000 - £30,0006 6 Lusitania Road, Liverpool, L4 6SX £40,000 Plus7 Land to rear of 79/81 Watling Street, Hints, Nr Tamworth, B78 1SS £1,750 Plus8 4 Talton Road, Liverpool, L15 0HS £45,000 Plus9 106 / 108 Mill Lane, Old Swan, Liverpool, L13 4AH £100,000 Plus10 84 Goodison Road, Liverpool, L4 4EP £30,000 Plus11 254-256 Walton Road, Liverpool, L4 4BE £80,000 Plus12 Flat 2a Mill View Tower, Liverpool, L8 6TL £25,000 Plus13 Flat 4a Mill View Tower, Liverpool, L8 6TL £25,000 Plus14 46 Windsor Road, Tuebrook, Liverpool, L13 8BD £90,000 Plus15 25 Bala Street, Liverpool, L4 2QN £25,000 Plus16 374 Poulton Road, Wallasey, CH44 4DD £75,000 Plus17 56 Sunlight Street, Liverpool, L6 4AQ £35,000 Plus18 12 Pennington Road, Liverpool, L21 8HY £30,000 Plus19 42 Breckfield Road North, Liverpool, L5 4NH £35,000 Plus20 52 Church Road, Roby, Liverpool, L36 9TP £275,000 - £300,00021 18 Bramwell Street, St. Helens, WA9 2DP SOLD PRIOR22 59 Morgan Street, St. Helens, WA9 1PE £30,000 Plus23 53 Victoria Road, Widnes, WA8 7RP £15,000 - £20,00024 38 Circular Road East, Liverpool, L11 1BU £65,000 Plus25 Plot 40, Land to rear of Summerfields, Esless Park, Rhostyllen, Wrexham, LL14 4EU Nil Reserve26 Plot 41, Land to rear of Summerfields, Esless Park, Rhostyllen, Wrexham, LL14 4EU Nil Reserve27 Plot 42, Land to rear of Summerfields, Esless Park, Rhostyllen, Wrexham, LL14 4EU Nil Reserve28 37 Beechtree Road, Liverpool, L15 7LN £110,000 Plus29 32 Burtree Road, Liverpool, L14 8XH £60,000 Plus30 42 Oriel Road, Birkenhead, CH42 5PD £35,000 Plus31 10 Lea Road, Wallasey, CH44 0DU £35,000 Plus32 143 Brighton Street, Wallasey, CH44 8DT £25,000 Plus33 10 Alvanley Place, Prenton, CH43 4XA £65,000 Plus34 28 Inglemere Road, Birkenhead, CH42 4QP £70,000 Plus35 10 Fender Way, Wirral, CH61 9NR £140,000 Plus36 26 Graylands Road, Wirral, CH62 4SB £90,000 Plus37 10 Andrew Street, Liverpool, L4 4DT £40,000 Plus38 37 Queens Road, Crosby, Liverpool, L23 5TP £140,000 Plus39 29 Woodholme Court, Liverpool, L25 2BA £75,000 Plus40 5 Stuart Road, Walton, Liverpool, L4 5QS £70,000 Plus41 68 Cambridge Road, Bootle, L20 9LQ £25,000 Plus42 73 B St. Johns Road, Waterloo, Liverpool, L22 9QB £35,000 Plus43 112 Little Heyes Street, Liverpool, L5 6SQ £35,000 Plus44 79 Pinehurst Road, Liverpool, L4 2TX £105,000 - £115,00045 63 Kremlin Drive, Liverpool, L13 7BX £80,000 Plus46 14 Finlay Street, Liverpool, L6 6DP £60,000 Plus47 53 Kremlin Drive, Liverpool, L13 7BX £200,000 Plus48 11 Back Crossland Terrace, Helsby, Frodsham, WA6 9LZ £110,000 Plus49 Bling Bling Building, 69 Hanover Street, Liverpool, L1 3DY £1.7 Million50 62 Mill Lane, Wallasey, CH44 5UQ £90,000 Plus51 56 Chesnut Grove, Birkenhead, CH42 0HZ £100,000 - £110,00052 29 Church Street, Runcorn, WA7 1LX £50,000 - £55,000

Notice toprospective buyers

1. PARTICULARS OF SALE

1.1 It is your responsibility to check the following mattersin respect of each Lot you are interested in before theAuction:

• All measurements & Areas• Description & Location• Lease & Occupiers Details• Fixtures & Fittings• Contamination & Structure

1.2 You are advised to check the above matters by:

• Inspection• Survey• Enquiry• Searches

2. CONDITIONS OF SALE

2.1 If you are the successful Bidder of any Lot you will,from the moment that the Auctioneers gavel falls,become legally bound by the conditions of sale in relationto that lot.

2.2 It is assumed that you have read and considered theconditions of sale and any other relevant documents andthat you have taken professional advise before bidding.

2.3 The conditions of sale consist of the following:

• This Notice to Prospective Buyers• The Common Auction Conditions as printed atthe back of the catalogue

• The Special Conditions of Sale for each lot(available at the Auctioneers offices or online)

• Any Addendum relating to the Lot

3. LIABILITY OF BIDDER

3.1 If you bid at Auction, you will be personally liable inrespect of any accepted bid. This will be the case if youbid as agent or other representative for another party

3.2 If you bid as agent or representative then you and theperson or organisation on whose behalf you have bid willbe jointly and severally liable under the contract of sale.

4. ORDER OF SALE, SALES PRIOR TO AUCTIONAND WITHDRAWN LOTS

4.1 Lots will be offered for sale at the auction inaccordance with the order of sale, printed hereafter. Anannouncement will be made regarding all lots that havebeen sold prior or withdrawn from sale.

4.2 The Auctioneers have the right to sell or to withdrawnlots without giving reasons at any time before the salebegins

4.3 You should contact the Auctioneers before the auctionto check whether lots have been sold prior or withdrawn.

4.4 Neither the Auctioneers nor the Seller will have anyresponsibility towards you in relation to any loss orwasted costs that you may incur in respect of lots soldprior or withdrawn.

5. GUIDE PRICES AND RESERVES

5.1 The guide prices are listed in the catalogue, this ispurely an estimate of the price that the auctioneersconsiders the lot might be sold for. It is your responsibilityto decide how much you should bid for any lot.

5.2 The Auctioneers have not carried out valuations forany of the lots to be offered for sale at the auction.

5.3 You are strongly advised to consult your ownprofessional advisors regarding the value of any lot.

5.4 The reserve price for any lot might exceed or be lowerthan the guide price quoted at any time for that lot.

5.5 The majority of lots will be offered for sale subject toa reserve price. Any exceptions will be announced on theday of the auction

6. PROCEDURES

6.1 When a lot is knocked down to you by the auctioneer,a legally binding contract is immediately created. Theterms of the contract will be those set out in theconditions of sale referred to above.

6.2 After the lot is knocked down to you, you must giveyour details, including your name, address, and solicitorsname and address and produce identification such as adriver’s license or passport.

6.3 If you do not give your details when requested or paythe deposit, the auctioneers have the right to re-offer thelot for sale and to treat you as being in breach of contract.Even if the lot is re-offered for sale, the Seller might havea legal right or action against you for the breach ofcontract.

6.4 The lot will be at your risk from the moment it isknocked down to you by the auctioneers which meansthat you should immediately arrange for it to be insured.If this is not the case, it should be made clear in thespecial conditions of sale for that lot.

7. DEPOSIT

7.1 If a lot is knocked down to you must pay the deposit,which is usually 10% of the sale price subject to aminimum of £2,000. The amount of the deposit might bealtered by the special conditions of sale for the lot so youshould check them carefully before the auction. You willalso be required to pay the Buyers Fee of £750.00+Vatunless specified differently in sales particulars. This mayvary and will be noted within the Sales Particulars or onthe addendum issued on day of auction.

7.2 Cheques for the deposit are acceptable unlessotherwise stated. Bankers Drafts, Building SocietyCheques and Solicitors Client accounts cheques are alsoacceptable.

7.3 We can accept payment for the deposit and buyersfees by Credit or Debit Card, however there is a 3%administration charge if this is paid by credit card.

7.4 Deposit cheques are accepted on the basis that thereare adequate cleared funds in the account upon whichthe cheque is drawn. The Seller may take action againstyou if your cheque is not honoured on first presentation.You are therefore strongly advised to ensure there areadequate funds available in the account to meet anydeposit cheque(s) that are drawn as a result of theauction.

7.5 All deposit cheques should be made payable toVenmore Auctions, unless the special conditions of salestate otherwise

8. PROXY & TELEPHONE BIDDING

8.1 If you are unable to attend the auction you may beable to bid by proxy or telephone.

8.2 If this is the case, you will need to complete theregistration form printed towards the back of thecatalogue and send it to the auctioneers with yourdeposit before the auction.

8.3 If you bid by proxy or telephone, you will be legallybound by the terms and conditions printed at the backof the catalogue.

9. LEGAL PACKS

9.1 Legal packs are available Online and at theauctioneers offices prior to auction, however please makecontact to check whether they are available.

9.2 The legal packs will be available for inspection byprospective buyers or their legally representativesapproximately 2 hours before the commencement of thesale in the auction room.

9.3 If you require copies of the legal pack for a particularlot please contact the Auction team on 0151 236 6746or go online to www.venmoreauctions.co.uk

10. KEYS

10.1 Potential buyers wishing to inspect the propertyprior to auction must do so by arrangement with theauctioneer’s offices.

10.1 The successful purchaser will not be entitled to keysor access to vacant properties until the completion of thesale. If access is required it may be arranged through ouroffices with the permission of the seller or the sellerssolicitor.

CH

WA

WA

L38

L23

L22L21

L30

L31

L33L32

L10

L9

L4

L5

L3L2

L1

L6

L7

L13

L11

L12

L34

L36

L35

L26

L27

L25

L24

L19

L18

L16L15

L17

L8

L14

L20

L29

A large scale map is available onthe inside back cover.

What happens next?If you are thinking of buying, call the sales team on 0151 236 6746 and they willanswer any questions you may have.

If you like the property, arrange a viewing, one of the team will show your around the property. You can make a bidbefore the auction day, and if a good enough bid the seller might decide not to go to auction. If you want to buyon auction day, don’t be shy, make sure the auctioneer sees your bid, don’t leave the auction house wishing youhad bid further on a good investment. If you win your bid, then you will need to pay 10% deposit (min £2000) andpay a £750 + Vat buyers fee and then complete the transaction in 28 days.

As with the nature of auctions there is no exact selling price but the valuer will be able to provide you with a guideof its selling price in the current market. But don’t be surprised if properties sell for more than double the guideprice, thats just the nature of auctions!

If you are thinking of Selling, call the sales team on: 0151 236 6746 and they willarrange a free auction valuation at a time to suit you.



Previous Auction Results26th October 2016

Lot Address Sold for

1 53 Victoria Road, Widnes, WA8 7RP POSTPONED

2 Land at Park Street, Birkenhead, CH41 3LY SOLD

3 42 Oriel Road, Birkenhead, CH42 5PD AVAILABLE

4 103 Lyme Grove, Liverpool, L36 8BP SOLD

5 27 Manningham Road, Liverpool, L4 2UG SOLD

6 39 Vicar Road, Liverpool, L6 0BW SOLD

7 36 Olivia Street, Bootle, L20 2ES SOLD

8 41 Irwell Street, Widnes, WA8 0EP WITHDRAWN

9 25 Castlewood Road, Liverpool, L6 5AL SOLD

10 56 Sunlight Street, Liverpool, L6 4AQ AVAILABLE

11 79 Moss Lane, Orrell Park, Liverpool, L9 8AE AVAILABLE

12 Land & Buildings at 90 Oxford Road, Waterloo, Liverpool, L22 7RF AVAILABLE

13 27 Rossett Street, Liverpool, L6 4AN SOLD

14 58 - 62 Liscard Road, Wallasey, CH44 9AF SOLD PRIOR

15 11 Peach Grove, Liverpool, L31 1DB SOLD

16 Land to rear of 87 Watling Street, Hints, Nr Tamworth, B78 1SS SOLD PRIOR

17 2 Ullswater Street, Liverpool, L5 6QX POSTPONED

18 24 Breckfield Road North, Liverpool, L5 4NH SOLD

19 32 Lawrence Road, Liverpool, L15 0EG WITHDRAWN

20 74 Morris Street, St. Helens, WA9 3EN POSTPONED

21 72 Morris Street, St. Helens, WA9 3EN POSTPONED

22 Apartment 12, 106 Haigh Street, Liverpool, L3 8NA SOLD

24 27 Hooton Road, Liverpool, L9 4SF SOLD LATER

25 254-256 Walton Road, Liverpool, L4 4BE POSTPONED

26 72 Bolton Road, Chorley, PR7 3ET SOLD

27 Land at 8 Heathfield Road, Prenton, CH43 5RT SOLD

28 73 B St. Johns Road, Waterloo, Liverpool, L22 9QB AVAILABLE

29 37 Beechtree Road, Liverpool, L15 7LN POSTPONED

30 1 Brookland Road, Birkenhead, CH41 2SP SOLD PRIOR

31 32 Parthenon Drive, Liverpool, L11 7AG SOLD


Best Sellsfrom previous auction

Guide Price £15,000 PlusLand at Park Street, CH41

sold for

£24,500

Guide Price £35,000 - £40,00025 Castlewood Road, L6

sold for

£51,500

Guide Price £65,000 PlusApt 12, 106 Haigh Street, L3

sold for

£75,000

Guide Price £30,000 - £35,00027 Rossett Street, L6

sold for

£44,000

Guide Price £35,000 - £40,00036 Olivia Street, L20

sold for

£46,000

Guide Price £50,000 - 55,000 32 Parthenon Road, L11

sold for

£61,000

Future Auctions

Auction Dates 2017

15th February 2017

4th April 2017

17th May 2017

13th July 2017All dates are subject to change

Now taking instructions forour February auction,

Demand is highest it’s beenfor years book early for your

100% free appraisal

To arrange a free no obligation appraisal please contact the auction team

on 0151 236 6746 or [email protected]

VenueThe Town HallHigh StreetLiverpoolL2 3SW

Tel 0151 236 6746


77 September Road, Liverpool, L6 4DGGuide Price* £25,000 - £30,000 RESIDENTIAL

LOT

1

DescriptionMid terrace house in need of a full refurbishment. The property benefitsfrom central heating but does require windows, bathroom, kitchen anddecorated as a minimum. Ideal to add some capital value and wouldmake a good investment once works have been finished.

LocationSeptember Road is located off Lower Breck Road in the Anfield districtof Liverpool, approximately two miles from Liverpool city centre.

AccommodationGround Floor: Entrance hallway, front living room, rear dining room,kitchen. First Floor: 3 bedrooms, bathroom Outside: Yard

Why Buy?

• 3 Bedrooms • Central Heating • Needs refurbished• Good rental area

24 Corwen Road, Liverpool, L4 7TLGuide Price* £90,000 Plus RESIDENTIAL

LOT

2

DescriptionThis is a nice sized 3 bedroom semi-detached house in good conditionthroughout. The property benefits from a modern kitchen, doubleglazing, central heating and has potential to reconfigure and extend tothe rear to open the property up and add capital value. In its currentcondition the property only requires minor decoration prior to occupation.

LocationLocated off Hildebrand Road which runs off Utting Avenue in the L4area of Liverpool, this is a popular and established residential locationoffering easy access to local amenities including schooling, there are aselection of infant, primary and secondary schools in the area. There areshopping facilities along Utting Avenue as well as superstore shoppingat nearby Asda.

AccommodationGround floor: Entrance porch, hallway, through living/dining room,kitchen, under-stair storageFirst floor: 3 x bedrooms, bathroomOutside: Drive to front, large garden to rear

Why Buy?

• 3 Bedrooms• Semi-detached• Double glazed

• Central heating• Rear garden


NB - Venmores have not carried out an internal inspection all details supplied by vendor

www.venmoreauctions.co.uk | 0151 236 6746* Please refer to inside front cover. Please note there is a £750 + Vat

buyers administration charge on each lot purchased (unless stated otherwise in the property description)

9 Fountains Road, Liverpool, L4 1QH Guide Price* £20,000 - £25,000 RESIDENTIAL

LOT

3

DescriptionA freehold two bedroom mid terrace property that requires a fullrefurbishment. The property benefits from double glazing to the front.Following a scheme of works the property would be suitable forinvestment purposes or resale on the open market.

LocationSituated off Stanley Road close to local amenities and Bank Hall Stationand approximately 2.5 miles from Liverpool city centre.

AccommodationGround floor: Entrance hall, front reception, living room, kitchenFirst floor: 2 x bedrooms, large family bathroomOutside: Small yard to rear, on-street parking to rear

Why Buy?

• 2 Bedroom mid terrace• Requires refurbishment• Potential to add value• Good rental area

60 Winslow Street, Liverpool, L4 4DJ Guide Price* £35,000 Plus INVESTMENT

LOT

4

DescriptionThis is a mid terrace 2 bedroom house currently let on an AST at£346.67pcm/£4,160pa to a family who have lived at the property forgenerations. The property is in average condition but does benefit fromcentral heating. Ideal as a long term investment.

LocationThe property is situated on Winslow Street which runs between CountyRoad and Goodison road in the Walton area of Liverpool. EvertonFootball Club is close by with Liverpool City Centre being approximately2.5 miles north.

AccommodationGround floor: Front reception, rear reception, kitchenFirst floor: 2 x bedrooms, bathroomOutside: Yard to rear, on-street parking to the front


Why Buy?

• 2 Bedrooms• Central heating• Long term tenant• Rent passing £4,160pa

Joint Agents



Why Buy?

• 3 Bedrooms• Regulated tenant• Passing rent £3,900pa• Good investment

82 Milman Road, Liverpool, L4 5SJGuide Price* £25,000 - £30,000 INVESTMENT

LOT

5

DescriptionThis is a good size 2 bedroom end terrace property with a regulatedtenant in situ paying £61pw/£3172pa. Ideal as a long term investment.

LocationThe property is situated in Milman Road which in turn runs off City Roadand is ideally positioned for the local amenities along County Road withgood transport links to Liverpool city centre.

AccommodationGround floor: Entrance hall, front reception, rear reception, kitchenFirst floor: 2 x bedrooms, bathroomOutside: Yard to rear, on-street parking to front


6 Lusitania Road, Liverpool, L4 6SX Guide Price* £40,000 Plus INVESTMENT

LOT

6

DescriptionThis is a good size 3 bedroom mid terrace house with a regulatedtenant in situ paying £75pw/£3,900pa. The property is in good orderthroughout but does lack central heating and double glazing.

LocationLusitania Road runs off Haggerston Road which in turn is off QueensDrive, Walton close to the junction with Walton Hall Avenue. Walton HallPark is within walking distance and there are good transport links toLiverpool City Centre.



Why Buy?

• 2 Bedrooms• Regulated tenant• Rent passing £3172pa• Long term investment

Joint Agents

Joint Agents



Land to rear of 79/81 Watling Street, Hints, Nr Tamworth, B78 1SSGuide Price* £1,750 Plus LAND

LOT

7

DescriptionA rectangular freehold parcel of land of approximately 0.30 acres (orthereabouts). The land could be suitable for a numbers of uses subjectto any relevant planning consents and access arrangements. TheAuctioneers would advise that any interested parties make and rely ontheir own enquiries to the Local Council.

LocationThe land is situated to the rear of Watling Street in Hints, nearTamworth.

Why Buy?

• Freehold Parcel of Land• Approximately 0.30 acres - Subject to right of way over part

4 Talton Road, Liverpool, L15 0HS Guide Price* £45,000 Plus RESIDENTIAL

LOT

8

DescriptionThis is a 3 bedroom mid terrace property in need of refurbishmentthroughout. Right in the heart of Wavertree popular with students thisproperty would be ideal as a multi let house for 4 x students if the frontreception is utilised as an extra bedroom. Once works have beenfinished if rented at £90pppw the total gross annual income could be£18,720pa.

LocationSituated in a popular residential area with easy access to Liverpool citycentre and other surrounding suburbs with excellent local amenitiesnearby including shops. schools, recreation facilities and excellenttransport links.


Why Buy?

• 3 Bedroom Terrace• Requires refurbishment• Popular residential area• Ideal as multiple let for students



106 / 108 Mill Lane, Old Swan, Liverpool, L13 4AHGuide Price* £100,000 Plus INVESTMENT

LOT

9

DescriptionThe commercial unit (106 Mill Lane) is approx 50 sq.m (550 sq.ft)internally and consists of a main office room which is situated at thefront of the building and is accessed through the front door, secondoffice space is used as a meeting room, kitchenette/dining room andstaff WC. There is a large yard to the rear giving the potential to extend,subject to necessary consents. Currently let to Ceramtek who havebeen in situ for 2 years at £500pcm/£6,000pa, now on a rolling FR&Icontract. The property benefits from the added security of electric rollershutters. The flat (108 Mill Lane) is accessed directly from private MillLane entrance with stairs to the first floor. The flat is in good orderthroughout and benefits from Double glazing and central heating.Currently tenanted on an AST at £475pcm/£5,700pa holding over.

LocationThe property is situated fronting Mill Lane close to the junction withBinns Road approximately 4 miles east of Liverpool City Centre.

AccommodationGround Floor: Main Office, meeting room, kitchenette/dining room, WCFirst Floor: Hallway, Living room, 2 bedrooms, kitchen, bathroom

Why Buy?

• Currently producing£11,700pa

• Offices & 2 bedroom flat

• Established commercialtenant

• Good rental location

84 Goodison Road, Liverpool, L4 4EP Guide Price* £30,000 Plus RESIDENTIAL

LOT

10

DescriptionThis is a 2 bedroom mid terrace property in need of some modernisingprior to letting. The property is located off County Road with plenty ofshops, bars and restaurants within walking distance. Benefitting fromcentral heating but requiring new bathroom, kitchen and decorationthroughout. Ideal as an investment with average rentals circa £4,700pa.

LocationSituated off County Road in a popular residential location close to localamenities and approximately 2.5 miles for Liverpool City Centre.

AccommodationGround floor: Front reception, kitchen, bathroom First floor: 2 x bedrooms Outside: Yard to rear

Why Buy?

• 2 bedrooms • Good rental area • Part refurbished• Close to City Centre



254-256 Walton Road, Liverpool, L4 4BEGuide Price* £80,000 Plus COMMERCIAL

LOT

11

DescriptionThis property consists of a large corner building that was previously letto Dominos Pizza on a long term lease; a retail unit that has been usedas a hairdressers in the past and a plot of land to the rear that can beused as parking for 4 x cars. To the upper floors there is variousaccommodation/storage. The property could be refurbished in itsoriginal configuration or has the potential to be developed subject to allnecessary planning consents.

LocationOn the corner of Langham Street and Walton Road just before thejunction with County Road. There are plenty of shops, bars, restaurantsand amenities on the doorstep. Liverpool City Centre is only 2 milesaway.

NB - Venmores have not carried out an internal inspection - Anyamendments to the description prior to the auction will be noted inthe addendum.

Why Buy?

• Large corner unit• Additional terrace unit• Development potential• Residential accommodation above



Flat 2a Mill View Tower, Liverpool, L8 6TLGuide Price* £25,000 Plus INVESTMENT

LOT

12

DescriptionThis is a ground floor apartment in good condition throughout andcurrently let by way of an Assured Shorthold Tenancy producing £400pcm. The apartment benefits from secure intercom system, lift service toall floors, modern kitchen and bathroom, double glazing and electricstorage heating.

LocationFronting Mill Street which in turn is off Park Road within easy reach oflocal amenities and approximately 1 mile from Liverpool city centre.

AccommodationHall, lounge, kitchen, 2 bedrooms, separate WC, bathroom

NB: Please note Venmore Auctions have not carried out an internalinspection of the apartment and all details have been provided by the Managing Agents.

Why Buy?

• 2 Bedroom apartment• Modern kitchen andbathroom

• Secure intercom access• Lift to all floors• Car park to rear

Flat 4a Mill View Tower, Liverpool, L8 6TL Guide Price* £25,000 Plus INVESTMENT

LOT

13

DescriptionThis is a ground floor apartment in good condition throughout andcurrently let by way of an Assured Shorthold Tenancy producing £400pcm. The apartment benefits from secure intercom system, lift service toall floors, modern kitchen and bathroom, double glazing and electricstorage heating.

LocationFronting Mill Street which in turn is off Park Road within easy reach oflocal amenities and approximately 1 mile from Liverpool city centre.

AccommodationHall, lounge, kitchen, 2 bedrooms, separate WC, bathroom

NB: Please note Venmore Auctions have not carried out an internalinspection of the apartment and all details have been provided by the Managing Agents.

Why Buy?

• 2 Bedroom apartment• Modern kitchen andbathroom

• Secure intercom access• Lift to all floors• Car park to rear

Joint Agents

Joint Agents



46 Windsor Road, Tuebrook, Liverpool, L13 8BDGuide Price* £90,000 Plus INVESTMENT

LOT

14

DescriptionA 3 storey middle terraced property providing three self-contained flats,2 x two Bedrooms and 1 x three bedrooms. The ground and first floorflats have just undergone a scheme of refurbishment and ready forimmediate occupation. Flat 3 (top floor) is let on an AST producing£395.98 pcm. Flat 1 (ground floor) has just recently been tenanted onan AST at £393.90pcm. The property benefits from double glazing andcentral heating.

LocationThe property is situated off West Derby Road, an established residentialarea close to local amenities and approximately 4 miles from LiverpoolCity Centre.

AccommodationGround Floor: Flat 1 - Hall, Lounge, Kitchen, Bathroom/WC, 2Bedrooms.First Floor: Flat 2 - Hall, Lounge, Kitchen, Bathroom/WC, 3 Bedrooms.Second Floor: Flat 3 - Hall, Lounge, Kitchen, Bathroom/WC, 2BedroomsOutside: Rear Yard.

NB: Venmores have not carried out an internal inspection of Flat 3

Why Buy?

• 3 x Self Contained Flats• Producing £845 pcm

• Double glazing• Central heating

25 Bala Street, Liverpool, L4 2QNGuide Price* £25,000 Plus RESIDENTIAL

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DescriptionThis is a 2 bedroom mid terrace house in the Anfield area of NorthLiverpool. The property is in average condition throughout having onlyrecently become vacant. The property benefits from double glazing,central heating and would be ideal as an investment once a smallscheme of updating and decoration has been carried out. There is alarge yard to the rear with potential to extend.

LocationBala Street is just off Oakfield Road in Anfield. There are numerous shopsand bars close by and Anfield Football stadium is only within short walkingdistance. Public transport to Liverpool city centre is easily accessible.

AccommodationGround floor: Living room, kitchenFirst floor: 2 x bedrooms, BathroomOutside: Good size yard to the rear, on-street parking to the front

Why Buy?

• 2 Bedrooms• Double glazed• Central heating • Good size rear yard



374 Poulton Road, Wallasey, CH44 4DDGuide Price* £75,000 Plus INVESTMENT

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DescriptionThis is a mid terrace 3 storey property that is configured to provide retailto the ground floor as well as one bedroom & three bedroom selfcontained flats. The property is fully occupied producing a combined£900pcm/£10,800pa, but does have the scope to update and increasethe rental income. Ideal as a long term investment with yield returns inexcess of 10%.

LocationJust a short distance from the local shops and Liscard shopping centrewhich include Cherry Tree Shopping Centre and Liscard Indoor Market.Transport links nearby include a bus station for regular buses toLiverpool & Wirral destinations and easy access to M53 Motorway andKingsway Tunnel to Liverpool.

AccommodationGround floor: Retail unit with shop floor, store and wc - currentlytenanted to a Blind ShopGround floor - Flat one - accessed from the rear: bedroom, kitchen,living room, bathroomFirst & Second floor - Flat two - 3 x bedrooms, kitchen, bathroom, livingroomNB - Venmores have not carried out an internal inspection - all details supplied by the vendor

Why Buy?

• Ground floor retail unit• 2 x self contained flats

• Producing £10,800pa• Potential to increase income

56 Sunlight Street, Liverpool, L6 4AQ Guide Price* £35,000 Plus RESIDENTIAL

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DescriptionThis is a vacant 2 bedroom mid terrace property which has recentlybecome vacant, but had been rented at £4,800pa. The propertybenefits from double glazing, central heating and has recently beendecorated and ready for immediate occupation. Ideal as a long terminvestment.

LocationLocated on a quiet street just off West Derby Road in Tuebrook thisproperty has a multitude of local amenities on its doorstep. Shops, barsand restaurants are all within walking distance with numerous schoolsclose by. Liverpool City Centre is only 3 miles away.

AccommodationGround Floor: Front door to living room, dining room, kitchenFirst floor: Bedroom, bathroom, bedroomOutside: Small yard to rear, on-street parking to the front

Why Buy?

• 2 bedrooms• Double glazing• Central heating• Recently redecorated



12 Pennington Road, Liverpool, L21 8HY Guide Price* £30,000 Plus RESIDENTIAL

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Description2 bedroom mid terrace property in need of refurbishment throughoutbut ideal as a rental investment once works have been completed. Theproperty benefits from double glazing and central heating..

LocationThe property is situated on Pennington Road which runs off LinacreRoad in Bootle.

AccommodationGround floor: Entrance hall, living/dining room, kitchen First floor: 2 x bedrooms, bathroomOutside: Small yard to rear, on-street parking to front

Why Buy?

• 2 bedroom terrace• Needs refurbishment• Double glazed• Central heating

42 Breckfield Road North, Liverpool, L5 4NHGuide Price* £35,000 Plus COMMERCIAL

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DescriptionThis is a good size mid terrace property with accommodation over 3floors and basement. The property had previously been configured as ashop to the ground floor with residential accommodation over the uppertwo floors, but has since been stripped back to brick and offersnumerous potential schemes subject to gaining all the relevantconsents. The property is in need of refurbishment throughout, but hasplenty of potential to turn into a large HMO or multiple self containedflats.

LocationAt the top end of Breck Field North close to the junction with Breck Road.There are plenty of shops within walking distance. Liverpool City Centre isonly 1.5 Miles away with regular bus services.

Why Buy?

• Retail & accommodation • Development opportunity • Scope to add value • Good rental area



52 Church Road, Roby, Liverpool, L36 9TPGuide Price* £275,000 - £300,000 RESIDENTIAL

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DescriptionThis is a deceptively large 6 bedroom semi-detached house that has hugepotential to add value by either reconfiguring, refurbishing or even redevelopingthe house and good size plot to side/rear garden. The property retains somebeautiful original features and would make an exceptional family home. There are4 x reception rooms, 6 x bedrooms and 2 x bathrooms as well as numerouslarge storage cupboards that would make good en-suites. The house benefitsfrom working stone fireplaces, large kitchen diner, double garage, driveway andlarge rear garden. This is a must see property for an owner occupier ordeveloper.

LocationThe property is situated on Church Road in the Roby district of Liverpool withgood access to the Motorway network.. The area has good local amenitiesincluding schools, parks and shops.

AccommodationGround floor: Front porch, entrance hall, front reception 1, front reception 2,Kitchen/dining room, shower room, utility room, rear reception 3First floor: 4 x double bedrooms - one with walk in closet, large storagecupboard, single bedroom, bathroom, WCSecond floor: Double bedroom with large walking cupboardOutside: Garden, drive and double garage to front, space to side of house andlarge rear garden

Why Buy?

• 6 x Bedrooms• Semi-detached

• Potential to add value• Scope to develop

18 Bramwell Street, St. Helens, WA9 2DP Guide Price* SOLD PRIOR RESIDENTIAL

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DescriptionThis is a 2 bedroom mid terrace property that requires minor decorationand updating prior to letting. The property benefits from double glazing,central heating and 2 good size bedrooms. Ideal as a long terminvestment once a small scheme of refurbishment has been carried out.

LocationThe property is situated on Bramwell Street which runs off Broad OakRoad Ideally located close to local shops and schooling and just a milefrom the town centre.

AccommodationGround floor: Open living/dining room, kitchen, bathroomFirst floor: 2 x bedroomsOutside: Yard to rear, on-street parking to the front

Why Buy?

• 2 Bedrooms• Mid terrace• Potential to add value• Good rental location

Joint Agents



59 Morgan Street, St. Helens, WA9 1PEGuide Price* £30,000 Plus RESIDENTIAL

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DescriptionThis is a 2 bedroom mid terrace house that has recently beenrefurbished to a very good standard. The property benefits from doubleglazing, central heating, modern kitchen and bathroom. The property isready for immediate let/occupation.

LocationThe property is situated on Morgan Street on the south side of ParrStocks Road to the east of St Helens Town Centre. Public transportlinks include St Helens Central Rail Station together with a network oflocal bus services. Shopping amenities can be found locally within thetown centre. Road links include the A58 which provides access to theM6 motorway together with the A569 which provides access to theM62 motorway.

AccommodationGround floor: Reception room, kitchen, bathroom/WCFirst floor: Two bedroomsOutside: Yard to rear, On-street parking to front

Why Buy?

• 2 Bedrooms• Recently modernised• Good rental area• Ideal investment

53 Victoria Road, Widnes, WA8 7RPGuide Price* £15,000 - £20,000 RESIDENTIAL

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DescriptionThis is a mid terrace retail unit with a good size 1 bedroom flat to theupper floor. The property has been partly refurbished but does still needfinishing prior to occupation. The property benefits from roller shutter tothe front and double glazing to the rear. The property has also recentlybeen rendered and painted to the rear. Ideal as a developmentopportunity with plenty of potential to add value.

LocationThe property is well positioned in the heart of Widnes, within touchingdistance of the town centre and local amenities. It is also within walkingdistance of the waterfront.

AccommodationGround floor: Shop floor, storage, stairs to upper floorFirst floor: Kitchen, bathroom first fit only, bedroom, living roomOutside: Yard to rear, on-street parking to front

Why Buy?

• Retail unit &• 1 Bedroom flat• Part developed• Good rental area

Joint Agents



38 Circular Road East, Liverpool, L11 1BU Guide Price* £65,000 Plus RESIDENTIAL

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DescriptionGood size 3 bedroom semi-detached property in need of some minordecoration and refurbishment having only just become vacant. Theproperty benefits from central heating and double glazing. Situated on avery large plot which has the potential to extend to the side subject toobtaining all the necessary planning consents. Otherwise once ascheme of refurbishment has been carried out it would be ideal as arental investment with demand high in the area, or plenty of scope toincrease capital value and re-sell on the open market.

LocationThe property is situated on Circular Road East which runs off LorenzoDrive. The property is close to West Derby Village and MuirheadAvenue and Queens Drive one of the main arterial routes into Liverpool

City Centre which is approximately 4 miles away.

AccommodationGround floor: Entrance hall, living room, kitchen/dinerFirst floor: 3 x bedrooms, bathroomOutside: Large garden to front, side and rear

Why Buy?

• 3 bedrooms• Large corner plot• Potential to add value• Could develop with permissions

Plot 40, Land to rear of Summerfields, Esless Park, Rhostyllen, Wrexham, LL14 4EUGuide Price* Nil Reserve VACANT LAND

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DescriptionA plot of land situated to the rear of the gardens of 8 Parkend Walkoffered with a Nil Reserve. The plot, which have right of way by foot atall times day or night over the lined area as shown in green could besuitable for a variety of different uses subject to any necessary planningconsents. The Auctioneers would advise that any interested partiesmake and rely solely on their own enquiries to the Local Council.

LocationThe plot is situated to the rear of 8 Parkend Gardens in Rhostyllen,Wrexham, North Wales.

Why Buy?

• Freehold Plot of Land• Suitable for variety of uses




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37 Beechtree Road, Liverpool, L15 7LN Guide Price* £110,000 Plus RESIDENTIAL

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DescriptionThis is a good size 3 bedroom mid terrace house that has recentlybecome vacant. The property benefits from double glazing, centralheating, large rear extension, front & rear gardens. Ideal as a long terminvestment.

LocationSituated in South Liverpools Wavertree Garden District the property iswithin close proximity to numerous shops, schools and local amenities.Queens drive is close by with access to all motorways. Liverpool Citycentre is only 4.5miles away.

AccommodationGround floor: Entrance hall, WC, through living/dining room, largekitchenFirst floor: Bathroom, 3 x bedroomsOutside: Front & rear gardens, On-Street parking

Why Buy?

• 3 Bedrooms• Large extension• Front & rear gardens• Good rental area

32 Burtree Road, Liverpool, L14 8XHGuide Price* £60,000 Plus RESIDENTIAL

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DescriptionThis is a good size 3 bedroom mid terrace house that has beenextended to the rear and has great potential to be modernised and usedas a family home. The property does benefit from a good size reargarden, double glazing, central heating and once a small scheme ofrefurbishment has been carried out, mainly kitchen, bathrooms anddecoration, then could be re-sold on the open market or retained as along term investment.

LocationAccessed directly from Princess Drive in Knotty Ash. There are plenty ofamenities within walking distance on close by East Prescot Road.Liverpool City Centre is only 6 miles away.

AccommodationGround floor: Entrance hall, living room, kitchen/dining roomFirst floor: 3 x bedrooms, bathroomOutside: Good sized rear gardens, front drive

Why Buy?

• 3 Bedrooms• Extended to rear• Double glazing• Ideal family home

Joint Agents



42 Oriel Road, Birkenhead, CH42 5PDGuide Price* £35,000 Plus INVESTMENT

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DescriptionThis is a good size 2 bedroom mid terrace house. The property iscurrently rented on an AST to a tenant who has been in residence forover 15yrs at £390pcm/£4,680pa. The property benefits from doubleglazing and central heating. Ideal to be kept as a long term investment.

LocationOriel Road can be accessed directly from Old Chester Road. Theproperty is well positioned to access local amenities such as bars,shops, restaurants and Well Lane Primary School.

AccommodationGround floor: Entrance hall, front reception, rear reception, kitchenFirst floor: 2 x bedrooms, good size bathroomOutside: Small yard to the rear, on-street parking to the front

Why Buy?

• Tenant in situ 15yrs• Achieving £4,680pa• 2 Bedrooms• Scope to add value

10 Lea Road, Wallasey, CH44 0DUGuide Price* £35,000 Plus RESIDENTIAL

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DescriptionThis is a good size 2 bedroom mid terrace property that has been partrefurbished. The property benefits from double glazing, large kitchen,bathroom & separate shower room, water heater and boiler, pipe workand radiators fully fitted. The property does require refurbishing anddecorating prior to occupation, but could be resold on the open marketor rented out after works have been completed.

LocationThe property is situated on Lea Road which runs off Trafalgar Road inWallasey within close distance of the Mersey Tunnel.

AccommodationGround floor: Entrance hall, front reception, rear dining room, kitchenFirst floor: Bathroom, separate shower room, 2 x bedroomsOutside: Yard to rear, on-street parking to front

Why Buy?

• 2 Bedrooms• Double glazing• Potential to add value• Part refurbished



143 Brighton Street, Wallasey, CH44 8DT Guide Price* £25,000 Plus DEVELOPMENT

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DescriptionThis is a 3 storey mid terrace property that was formerly a shop withresidential accommodation above. The property has been stripped,brought back to brick, cleared and has had planning permission recentlygranted to convert to 3 x self contained flats. The PP is for 2 x onebedroom flats and 1 x two bedroom flat. Ideal as a development withhuge scope to add capital and either resell on the open market oncefinished or retain as a high yielding rental investment. If the one bedroomflats were tenanted on AST's at £395pcm and the two bedroom flat at£450pcm the potential rental income would be £14,880pa fullyoccupied.

LocationDirectly across from Wallasey Town Hall with plenty of shops andamenities within walking distance and regular buses directly outside thedoor. Wallasey village is only 2 miles away with Liverpool City Centreonly 5 miles away through the tunnel.

Planning application can be found on Wirral Borough Councilplanning site APP/16/00996

Why Buy?

• Planning permission for 3 xFlats

• Brought back to brick

• Ready for development• Very strong rental area• Potential income £14,880pa

10 Alvanley Place, Prenton, CH43 4XAGuide Price* £65,000 Plus RESIDENTIAL

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DescriptionThis is a good size 4 bedroom mid terrace property in need of somemodernising. The property benefits from double glazing and centralheating, and after a small scheme of refurbishment to include newbathroom, new kitchen and decoration throughout, would be ideal as along term investment with rental demand high in the area. There mayalso be scope to add value and then re-sell on the open market at aprofit.

LocationAlvanley Place is situated off Grange Road West close to BirkenheadTown Centre and Oxton Village. There are plenty of shops, bars andrestaurants within walking distance.

AccommodationGround floor: Entrance hall, front reception, rear dining room, kitchenFirst floor: 4 x bedrooms, bathroomOutside: Yard to rear, on-street parking to the front

Why Buy?

• 4 Bedrooms• Good rental area• Potential to add value• Requires light refurbishment



28 Inglemere Road, Birkenhead, CH42 4QPGuide Price* £70,000 Plus RESIDENTIAL

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DescriptionThis is a deceptively large 3-4 bedroom mid terrace property that is inaverage condition throughout. The property benefits from double glazingand central heating and requires only minor decoration prior tooccupation. Ideal as a long term investment or would make a goodfamily home.

LocationThe property is situated off Old Chester Road (B5149) close to VictoriaPark.

AccommodationGround floor: Entrance, living room, kitchen/dinerFirst floor: 3 x bedrooms, bathroomAttic: Large room could be utilised as bedroom 4Outside: Yard to rear, on-street parking to front

Why Buy?

• 3-4 Bedrooms• Central heating • Double glazing• Good rental area

10 Fender Way, Wirral, CH61 9NR Guide Price* £140,000 Plus RESIDENTIAL

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DescriptionThis is a large 3 bedroom semi-detached house that requires a schemeof updating and refurbishment. There is huge scope to add value andthe property would make a great family home once works have beencompleted. Benefitting from a large front drive way, detached garage,gas central heating and a large rear garden that overlooks somegreenbelt field land.

LocationThe property is situated on Fender Way which in turn is situated offPensby Road.

AccommodationGround floor: Entrance hall with storage, kitchen, porch, openliving/dining room First floor: 3 x bedrooms, family bathroom, WCOutside: Large drive to front, detached garage, large rear gardens

Why Buy?

• Semi-detached• 3 Bedrooms• Large rear garden• Detached garage



26 Graylands Road, Wirral, CH62 4SB Guide Price* £90,000 Plus RESIDENTIAL

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DescriptionThis is a 3 bedroom semi-detached house that requires modernisation.The property has plenty of potential to be refurbished and then used asa family home. The property does benefit from double glazing but wouldrequire new kitchen, bathroom and central heating as a minimum. Tothe rear there is a large garden and plenty of scope to extend to theback. Ideal as a development to purchase, refurbish and re-sell on theopen market.

LocationThe property is in Port Sunlight close to the roundabout from the NewFerry By-Pass. There are plenty of amenities close by with BirkenheadTown Centre only 3 miles away and Liverpool City Centre a further 3miles through the tunnel.

AccommodationGround floor: Entrance hall, front reception, rear reception, kitchenFirst floor: Bathroom, 3 x bedroomsOutside: Drive & garden to the front, large rear gardens & shed to therear

Why Buy?

• Potential to add value• 3 Bedrooms• Large rear garden• Double glazing

10 Andrew Street, Liverpool, L4 4DTGuide Price* £40,000 Plus INVESTMENT

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DescriptionGood size 3 bedroom mid terrace house that has recently becomevacant. The property was fully refurbished 5 years ago to include newkitchen, shower room, new doors, replumbed, rewire and doubleglazing. The property also benefits from a new roof and new boiler. Idealas a long term investment. Decoration needed prior to re-letting.

LocationThe property is located off County Road in a popular residential locationwithin easy access to local amenities. Everton Football stadium is closeby with Liverpool City Centre being approximately 2.5 miles away.

AccommodationGround floor: Entrance hall, living/dining room, kitchen, shower roomFirst floor: 2 x bedroomsAttic: Large room that could be used as third bedroom

Why Buy?

• 3 Bedrooms• Rental income £5,400pa• Good location• Shops within walking distance



37 Queens Road, Crosby, Liverpool, L23 5TPGuide Price* £140,000 Plus RESIDENTIAL

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DescriptionThis is a good size 3 bedroom semi-detached house that requiresmodernising. The property benefits from double glazing, central heating,front and rear gardens and a driveway to the front. There is plenty ofscope to add value and the property would be popular on the openmarket as a family home once works have been finished.

LocationAccessed directly from Liverpool Road in Crosby Village close toMerchant Taylors. The street is quiet and has only one entrance/exit andtherefore no through traffic. There are plenty of bars, restaurants, shopsand other amenities within walking distance.

AccommodationGround floor: Entrance hall, front reception, rear reception, kitchenFirst floor: 3 x bedrooms, WC, bathroomOutside: Gardens to front & rear, driveway to front

Why Buy?

• 3 Bedrooms• Semi-detached• Sought after area• Potential to add value

5 Stuart Road, Walton, Liverpool, L4 5QS Guide Price* £70,000 Plus INVESTMENT

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DescriptionThis is a good size end terrace property that has been split into 3 x selfcontained one bedroom flats. One of the flats is currently tenanted at£395pcm while the other two have recently become vacant and havejust been redecorated ready to re-let. Each flat is fully self contained andhas central heating with separate boiler, separate electric and doubleglazing. They are all good size flats with separate bedroom, showerroom, kitchen and living rooms. The total potential income when fully letis in excess of £14,000pa.

LocationThe property is located just off County Road with plenty of bars, shopsand amenities within walking distance. Liverpool City Centre is only afew miles away and easily accessed by nearby regular buses.

AccommodationGround floor - Flat 1 - bedroom, shower room, living room, kitchenFirst floor: Flat 2 - bedroom, shower room, living room, kitchenSecond floor: Flat 3 - bedroom, shower room, living room, kitchen

Why Buy?

• 3 x Self contained flats• Potential income circa £15,000pa• Good rental location• Ready for occupation


29 Woodholme Court, Liverpool, L25 2BAGuide Price* £75,000 Plus INVESTMENT

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DescriptionA well presented and maintained two bedroom 1st floor apartmentsituated within the much sought after Woodholme Court Development.The apartment is currently tenanted on a 12 month AST which has nowreverted to periodic at a rental income of £550pcm/£6,600. Theapartment benefits from telecom entry system, electric storage heatersand double glazing and to the exterior there are communal gardens andparking.

LocationSituated off Belle Vale Road the location is a short distance from bothGateacre, Woolton Village and Belle Vale Shopping Centre. Ideallylocated giving easy access to local bus and motorway networks.

AccommodationCommunal Entrance, internal hall, lounge, kitchen, two bedrooms,bathroom.

Why Buy?

• 2 Bedrooms• Communal parking• Tenant in situ• Great location


68 Cambridge Road, Bootle, L20 9LQ Guide Price* £25,000 Plus RESIDENTIAL

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DescriptionA deceptively large two bedroom traditional mid terrace property whichbenefits from central heating. The property suffers from some structuralmovement and also requires a scheme of refurbishment and so wouldnot be mortgageable in current condition and therefore only open tocash buyers. The property would make an excellent investmentopportunity once works have been completed.

LocationCambridge Road, is situated in the heart of the popular residential areaBootle, providing excellent transport links to Liverpool city centre.

AccommodationGround Floor: Hall, two reception rooms, kitchenFirst Floor: Large first floor bathroom and two double bedrooms.

Why Buy?

• 2 Bedrooms• Good Location• Central Heating



73 B St. Johns Road, Waterloo, Liverpool, L22 9QB Guide Price* £35,000 Plus INVESTMENT

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DescriptionThis is a good size 2 bedroom second floor flat currently tenanted on anAST to a long standing tenant at £450pcm/£5,400pa. The property is ina well sought after area in Waterloo and would be ideal as aninvestment. The property benefits from Double glazing, central heatingand front entrance from St. Johns Road.

LocationMid way down St Johns Road in the centre of Waterloo. There arenumerous shops, bars, restaurants, schools and other amenities withinwalking distance. Liverpool City Centre is only 5 miles away with regularbuses going from Crosby Road North and Oxford Road.

AccommodationSecond floor flat – Entrance hall, bathroom, kitchen, living room, 2 xbedrooms

Why Buy?

• 2 Bedrooms• Central heating• Double glazing• Rental income £5,400pa

79 Pinehurst Road, Liverpool, L4 2TX Guide Price* £105,000 - £115,000 RESIDENTIAL

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DescriptionA traditional semi detached property which is extended to the rear andbenefiting from double glazing, gas central heating and rear garden.

LocationThe property is situated just off Utting Avenue which provides easyaccess to town, Queens Dr and East Lancs Rd.

AccommodationGround Floor: Entrance hall, lounge, spacious dining/living room,kitchen, conservatoryFirst Floor: Three bedrooms (the master boasting a sun room off) familybathroom, loft room with light and power. Outside: Garden

Why Buy?

• 3 Bedroom Semi-detached• Double Glazing• Central Heating• Extended to rear


112 Little Heyes Street, Liverpool, L5 6SQGuide Price* £35,000 Plus INVESTMENT

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DescriptionThis is a 2 bedroom mid terrace house currently tenanted on an AST at£???. Benefits from central heating and double glazing. The property isideal as a long term investment property. Located right in the heart ofthe Anfield Regeneration project.

LocationJust off Oakfield Road in a popular residential location within closeproximity to local amenities, schools and approximately 3 miles fromLiverpool city centre.

AccommodationGround floor: Living room, kitchen, bathroomFirst floor: 2 x bedroomsOutside: Yard to rear, on-street parking to front

Why Buy?

• 2 Bedrooms• Double glazed• Central heating• Good location


63 Kremlin Drive, Liverpool, L13 7BX Guide Price* £80,000 Plus INVESTMENT

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DescriptionThis is a large semi-detached house that has been converted to provide 4 x self contained flats.The property benefits from central heating to each flat and partial double glazing. There are 3 xone bedroom and 1 x two bedroom flats spread over 3 floors and attic. The Vender informs usthat two of the flats are currently tenanted on AST's at approximately £93.00 each per week.There is a lot of potential to add value to the property with each of the flats in need of varyinglevels of refurbishment, but once a scheme of works have been completed, and if the one bedflats rented at £395pcm and the two bed at £450pcm, then the total annual income could be justunder £20,000pa. The property would be ideal to retain as a long term investment or would havethe potential to split the flats on leaseholds and sell individually on the investment market.

LocationThe property is accessed from Queens Drive mid way between Tuebrook, Old Swan and WestDerby. There are numerous shops, bars and restaurants on nearby West Derby Road. LiverpoolCity Centre is only 4 miles away with regular public transport links close by.

AccommodationFlat one - Ground floor - entrance hall, front reception, 2 x bedrooms, kitchen, bathroomFlat two - first floor - living room, bedroom, kitchen, bathroomFlat three - first/second floor - entrance hall, kitchen, bathroom, living room with stairs tobedroomFlat four - entrance hall, living room, kitchen, bedroom, bathroom

Why Buy?

• 4 x self contained flats• Scope to add capital value

• Good rental location• Potential £19,620pa income



14 Finlay Street, Liverpool, L6 6DPGuide Price* £60,000 Plus INVESTMENT

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DescriptionThis is a deceptively large 3 bedroom mid terrace property that iscurrently rented to a company for £650pcm/£7,800pa who use thedownstairs front reception as a fourth bedroom. The property is in goodcondition throughout and benefits from central heating and doubleglazing. If the property was taken back into possession and rented on aroom by room basis to students at £90pppw there is potential toincrease the annual income to £18,720pa. There may also be somescope to extend to the rear and go into the loft, subject to getting therelevant consents, and getting possibly a further 3 bedrooms andincreasing income to £32,760pa based on £90pppw for 7 lettablerooms inclusive of bills.

LocationLocated just off Kensington High Street with numerous bars, shops andamenities right on the doorstep. Liverpool City Centre, Royal Hospitaland all Universities are within walking distance.

AccommodationGround floor: Front reception/bedroom 4, rear reception, kitchenFirst floor: 3 x bedrooms, bathroomOutside: Yard to rear, parking to front

Why Buy?

• 3/4 Bedrooms• Potential student let

• Currently achieving £7,800pa• Walking distance to all Units



53 Kremlin Drive, Liverpool, L13 7BXGuide Price* £200,000 Plus RESIDENTIAL/DEVELOPMENT

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DescriptionThis is a large semi-detached property that is configured and fullylicensed to provide a 10 bedroom HMO. The property benefits fromdouble glazing and central heating throughout with shared showerroom, toilet and kitchen facilities. To the rear of the property is a largeparcel of land that has had planning permission granted to build 2 x fourbedroom semi-detached houses. There may be potential there tochange the scheme, possibly to another large 10+ bedroom HMO,subject to gaining the relevant planning consents. If another 10 bedHMO was developed and all 20 x letting rooms rented on £75pppw, thepotential rental income would be £78,000pa. There is also the potentialto purchase and split the title.

LocationThe property is accessed from Queens Drive mid way betweenTuebrook, Old Swan and West Derby. There are numerous shops, barsand restaurants on nearby West Derby Road. Liverpool City Centre isonly 4 miles away with regular public transport links close by.

AccommodationGround floor: Entrance hall, Bedroom 1, bedroom, 2, kitchen diner,store roomFirst floor: Communal shower room/toilet facilities, bedroom 3, bedroom4, bedroom 5, bedroom 6Second floor: Bedroom 7, bedroom 8, bedroom 9, bedroom 10Outside: Front drive, rear garden/yard

Why Buy?

• 10 Bedroom licensed HMO• Rear plot with Planning permission• Potential for high yield returns• Could change scheme subject to consents• Good rental area



11 Back Crossland Terrace, Helsby, Frodsham, WA6 9LZGuide Price* £110,000 Plus RESIDENTIAL

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DescriptionThis is a nice size mid terrace 3 bedroom house in need ofmodernisation throughout, but ideal for someone to put their own stampon the property or to resell on the open market once a scheme ofrefurbishment has been completed. The property benefits from centralheating, sash windows and car port to the rear.

LocationThe property is situated on Back Crossland Terrace in Helsby Close toTesco Superstore.

AccommodationGround floor: Entrance hall, front reception, rear dining room, kitchenFirst floor: 3 x bedrooms, family bathroomOutside: Yard and car port to the rear

Why Buy?

• 3 Bedrooms• Potential to add value• Sought after area



Bling Bling Building, 69 Hanover Street, Liverpool, L1 3DY Guide Price* £1.7 Million INVESTMENT/DEVELOPMENT

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DescriptionAn iconic Liverpool City Centre long leasehold (250yrs) building withpotential to re-develop subject to obtaining all necessary planningconsents. Right in the heart of the Liverpool One development the BlingBling Building holds a prominent corner position on Hanover Street andSchool Lane, with its full height glazed and bronzed façade making it astriking property from all angles.

Currently part let the property can be purchased as a going concerninvestment or sold with vacant possession. At present the property isconfigured to provide basement and five floors of storage, sales andoffice accommodation. There are 3 separate entrances, two on HanoverStreet and a further entrance on School Lane. The building benefits from2 x lifts one at each end of the building as well as some externallandscaped areas with balconies.

With the size and central location there is a huge amount of re-development potential with the property to change part or all toresidential, leisure or hotel, subject to gaining all the necessaryconsents. All planning enquiries to be made directly to Liverpool CityCouncil Planning Department.

LocationOn a prominent corner position on Hanover Street and School Lanewithin walking distance to Liverpool One, Church Street and ParadiseStreet Bus Centre. There are a wide array of shops, restaurants, bars,amenities and all universities within a few minutes walking distance.

Why Buy?

• 6 Storey building• Liverpool City Centre

• Potential re-development• Over 15,000 Sq Foot



Bling Bling Building, 69 Hanover Street, Liverpool, L1 3DY INVESTMENT/DEVELOPMENT

LOT

49

AccommodationBasement: 151 sq.m (1,625sq.ft)Ground floor: Unit A – 99.32 Sq.m (1068sq.ft) Ground floor: Unit B – 91.8 sq.m (988 sq.ft)Mezannine: 68.1 sq.m (733 sq.ft)First floor: 241.7 sq.m (2602 sq.ft)Second floor: 233.7 sq.m (2516 sq.ft)

Third floor: 224.8 sq.m (2420 sq.ft)Fourth Floor: 203.8 sq.m (2194 sq.ft)Fifth floor: 154.4 sq.m (1662 sq.ft)

NB: Floor plans for the building available on request – allmeasurements are for guidance only and any interested partiesadvised to carry out their own surveys

First Floor Second Floor

Third Floor Fifth Floor

Ground Floor Basement



62 Mill Lane, Wallasey, CH44 5UQGuide Price* £90,000 Plus RESIDENTIAL

LOT

50

DescriptionThis is a good size 3 bed semi-detached property in need ofmodernisation. The property benefits from majority double glazing,central heating, front & rear gardens and a good size brick builtdetached garage to the rear that can be accessed direct from the rearentry. The property has plenty of scope to add capital value and after ascheme of refurbishment could be re-sold on the open market andwould be ideal as a family home

LocationCentrally located there are numerous schools, shops, bars andrestaurants within walking distance on Mill Lane or nearby Cherry TreeShopping Centre. There are regular buses right on Mill Lane. LiverpoolCity Centre is only 4 miles away

AccommodationGround floor: Entrance hall, front reception, kitchenFirst floor: 3 x bedrooms, bathroom, wcOutside: Gardens to front and rear, rear garage, on-street parking to thefront

Why Buy?

• 3 Bedrooms• Semi-detached• Potential to add value

• Detached garage to rear• Good central Location

56 Chesnut Grove, Birkenhead, CH42 0HZ Guide Price* £100,000 - £110,000 RESIDENTIAL

LOT

51

DescriptionA deceptively large 5 bedroom semi-detached property in goodcondition throughout. The property would make a fantastic family homeor does have the potential to be rented out as a large 5-6 bedroomHMO subject to gaining all necessary consents. Should it be rented outat £90 per room per week, with 6 x lettable rooms, bills included, thenthe potential gross annual income fully let would be £28,080pa. Benefitsfrom central heating, double glazing, front drive and retains some lovelyoriginal features.

LocationCentrally located under a mile from Oxton Village and Birkenhead TownCentre. There are numerous amenities within walking distance. LiverpoolCity Centre is only 2.5 Miles away through the Birkenhead Tunnel.

AccommodationGround floor: Entrance hall, front reception, rear reception, largekitchen/diner, utility room,First floor: 4 x bedrooms, bathroomAttic: Bedroom 5 Outside: Courtyard to rear, driveway to front

Why Buy?

• 5 Bedrooms • Semi-detached • Double glazing & centralheating

• Potential HMO• Good rental location



29 Church Street, Runcorn, WA7 1LXGuide Price* £50,000 - £55,000 COMMERCIAL

LOT

52

DescriptionThe property is a two story commercial unit comprising of Shop frontagearea, office, kitchen and bathroom. To the first floor are two offices.Externally there is a yard with access from the rear to a separateoffice/storage unit which has the potential to be developed and let as aseparate unit, subject to receiving the necessary consents. The propertyhas recently been refurbished to a very high standard and has been letto a local estate agents for the last 5 years. Sold with vacantpossession.

LocationRight in the heart of Runcorn Town Centre the unit has a high level ofpassing trade. There are numerous shops, bars, restaurants, etc withinwalking distance. Ideal for use as an estate/letting agent, solicitors,

accountants or other professional services with good parking in the areaand good public transport links close by.

Why Buy?

• Sold with vacant possession• Refurbished to high standard• Ready for occupation• Central location with high footfall• Development potential

We are now accepting instructions for our

15th February 2017 Auction

Closing date 20th January 2017

Contact our team on 0151 236 6746

Buying or Selling at auction and need immediate advice?

Call Paul Crowley & Co.’s Specialist Property Auction Lawyer Mike Carter on 00115511 226644 77336633

www.paulcrowley.co.uk

For an award winning service call the ONLY law firm in Merseyside with theLaw Society Conveyancing Quality Scheme and Lexcel accreditations, Investors in People and Your Move’s Best Property Law Firm award

Your property could be sold at ournext auction on the 15th February 2017Closing date for instructions, 20th January 2017With a data base of thousands of cashbuyers why not try Venmore Auctionsas an alternative method of selling.

AUCTION

15TH FEBRUARY

* We can make in principledecisions on the same day

Auction

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Auction

everything under one roof

www.venmores.co.uk

Property Management - Rob FarnhamTel: 0151 236 1166 Email: [email protected]

Block Management - Neil LusseyTel: 0151 488 5876 Email: [email protected]

Commercial Services - Tim GarnettTel: 0151 236 6746 Email: [email protected]

Student Lettings - Darren KayTel: 0151 236 4400 Email: [email protected]

Residential Lettings - Hayley ByrneTel: 0151 236 4400 Email: [email protected]

Survey & Valuations - Maria BarriganTel: 0151 236 0301 Email: [email protected]

Mortgage Advice - Liam O’BrienTel: 0151 733 9000 Email: [email protected]

Telephone / Proxybidder form

Date of Auction Lot Number

Type of Bid: PROXY / TELEPHONE (please circle as required)

I hereby instruct and authorise you to bid on my behalf in accordance with the terms and conditions attachedhereto and I understand that should my bid be successful the offer will be binding upon me.

Address of Lot

Maximum Bid Price £ Words

Deposit £ (To be 10% of maximum bid, minimum £2,000)

Buyers fee £750.00 + Vat (£900.00) Unless specified differently in Sales Particulars

TOTAL £ (Cheque enclosed / Card details enclosed)

Purchasers Details

Full Name(s)

Company

Address

Postcode

Mobile Phone number Home/ Business Phone

Solicitors Details

Company Name & Address

Postcode

Phone Number Reference

I authorise the auctioneer to sign the Memorandum of Sale/Contract on my behalf and I recognise that I willthen be the fully bound purchaser of the property referred to above and must complete this transaction withinthe specified time in the Conditions of Sale

Signature of the Prospective Purchaser

Date

Telephone Bidders Note

1) A member of staff will attempt to contact the bidder by telephone prior to the lot concerned being offered for sale. If itis impossible to obtain telephone contact, or the line breaks down, the auctioneer is authorised to continue to bid onbehalf of the telephone bidder up to the maximum bid stated on this form.

2) Should the telephone bidder exceed the bidding price stated on this form, the balance of the deposit must beforwarded to the auctioneers promptly


Terms & Conditions forTelephone and Proxy Bidders

All prospective bidders wishing to bid by telephone or proxyshould complete and sign the Telephone/Proxy Bidding Formattached. The bidder shall have had sight of and accept the termsof the Sale Memorandum which will form part of the contractshould their bid be successful.

The Auctioneer reserves the right to refuse a bid on behalf of theTelephone/proxy bidder should there by any confusion as to theMaximum Bid Price or with any error in the accompanyingcheque.

A separate form must be completed for each Lot the bidderwishes to bid on.

The completed form(s) must be delivered to Venmore Auctions,Imperial Buildings, 9 Dale Street, Liverpool, L2 2SH by hand orpost no later than 24 hours prior to the auction commencing.

Any agreed alteration to any telephone/proxy bidding form at anytime, prior to, or on the day of the auction, must be done so inwriting and prior to the commencement of the auction.

The telephone/proxy bidder must provide a banker’s draft,solicitor’s client account cheque, person or company cheque,which must be drawn upon a UK clearing bank account of thebuyer and be for 10% of the maximum bid or £2,000, which everis the greater, to be made payable to Venmore Auctions.Alternatively the bidder can supply credit or debit card details tothe auction department who will deduct the deposit from the cardupon exchange of contracts.

The telephone/proxy bidder appoints the Auctioneer as agent andauthorises the Auctioneer to bid for the relevant Lot on behalf ofthe telephone/proxy bidder in such manner as the Auctioneerthinks fit up to the Maximum Bid Price.

The telephone/proxy bidder shall be considered to have inspectedthe Auction particulars for the relevant Lot, the general terms andconditions of sale, the Special Conditions of sale and anyamendments or addendums to any of these and to have fullknowledge thereof.

The telephone/proxy bidder authorises the Auctioneer or any dulyauthorised employee of Venmore Auctions as the proxy bidder’sagent to sign the Sale Memorandum incorporating all suchmatters at or after the auction.

The telephone/proxy bidder shall be deemed to have taken allnecessary professional and legal advice and to have made theappropriate enquiries, searches, surveys and inspections inrespect of any relevant Lot and has knowledge of anyannouncements made from the rostrum of any amendment oraddendum relating to the relevant Lot.

Venmore Auctions reserve the right not to bid on behalf of thetelephone/proxy bidder in the event of any error, doubt oromission, uncertainty as to any bid, or for whatever reason, and

give no warranty or agreement that any bid will be made on behalfof the bidder and accept no liability if no bid is made on behalf ofthe bidder for any Lot.

In the event that the telephone/proxy bidder is successful theAuctioneer will sign the Sale Memorandum on behalf of the seller(a binding contract between the seller and buyer is formed on thefall of the hammer) and forward the seller’s signed part of thecontract to the bidder’s solicitor.

In the event that the lot is knocked down to the proxy bidder,details of the amount of the deposit monies shall be inserted intothe Sale Memorandum. Where any cheque presented by a bidderin payment of the deposit exceeds the required 10% any excesswill not be returned and will form an increased deposit and will beheld in accordance with the general terms and conditions of saleor any variations on them contained in the special conditions.

The telephone/proxy bidder will be advised if the relevant Lot hasbeen successfully purchased on his behalf as soon as possibleafter the auction. In the event that the proxy bidder isunsuccessful at the auction, the deposit cheque or bankers draftshall be returned promptly by the Auctioneer to the proxy bidder.

The Auctioneer reserves the right to bid himself or through anagent up to the reserve price for the Lot.

Unless the relevant Lot is sold to the telephone/proxy bidder, theamount of the telephone/proxy bidders bid will not be disclosedto the Seller or any other person either during or after the salewithout the telephone/proxy bidders consent.

Telephone/Proxy bidders are advised to contact VenmoreAuctions immediately prior to the Auction to ensure that there areno amendments to the particulars of sale or conditions relating tothe relevant Lot or other matters relating to it. Thetelephone/proxy bidder will be deemed to have knowledge ofsuch amendments and will buy subject to them in any event.

If the telephone/proxy bidder wished to attend the Auction andbid in person they must notify the Auctioneer in writing and theAuctioneer will not make any bids on their behalf.

Two forms of identification in accordance with Money LaunderingRegulations must be submitted with all Proxy Bidding Forms. Fordetails of identification accepted please visit the websitewww.venmoreauctions.co.uk. Details are also available within theauction catalogue.

Successful bidders will also be required to pay a Buyer’sadministration fee in the sum of £900.00 incl of VAT (unlessspecified differently in sales particulars) for each Lot purchased.

Please note all cheques are to be made payable toVenmore Auctions.


Common Auction Conditions(Third Edition)

INTRODUCTIONThe common auction conditions have three mainsections1. GlossaryThis gives special meanings to some words used inthe rest of the conditions2. Auction Conduct ConditionsThe Auction Conduct Conditions govern therelationship between the auctioneer and anyone whohas a catalogue, or who attends or bids at theauction. They cannot be changed without theauctioneer’s agreement.3. Sale ConditionsThe Sale Conditions govern the agreement betweeneach seller and buyer. They include generalconditions of sale and template forms of specialconditions of sale, tenancy and arrears schedulesand sale memorandum.

IMPORTANT NOTICEA prudent buyer will, before bidding for a lot at anauction:• Take professional advice from a conveyancer and,in appropriate cases, a chartered surveyor and anaccountant

• Read the conditions• Inspect the lot• Carry out usual searches and make usual enquiries• Check the content of all available leases and otherdocuments relating to the lot

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

• Have finance available for the deposit andpurchase price

• Check whether VAT registration and election isadvisable.

The conditions assume that the buyer has acted likea prudent buyer. If you choose to buy a lot withouttaking these normal precautions you do so at yourown risk.

GLOSSARYThis glossary applies to the auction conductconditions and the sale conditions.Wherever it makes sense:• singular words can be read as plurals, and pluralsas singular words;

• a person includes a corporate body;• words of one gender include the other genders;• references to legislation are to that legislation as itmay have been modified or re-enacted by the dateof the auction or the contract date (as applicable);and

• where the following words printed in bold blacktype appear in bold type they have the specifiedmeanings.

Actual completion dateThe date when completion takes place or is treatedas taking place for the purposes of apportionmentand calculating interest.AddendumAn amendment or addition to the conditions or to theparticulars or to both whether contained in asupplement to the catalogue, a written notice fromthe auctioneers or an oral announcement at theauction.Agreed completion dateSubject to condition G9.3:(a) the date specified in the special conditions; or(b) if no date is specified, 20 business days after thecontract date;but if that date is not a business day the firstsubsequent business day.Approved financial institutionAny bank or building society that has signed up tothe Banking Code or Business Banking Code or isotherwise acceptable to the auctioneers.ArrearsArrears of rent and other sums due under thetenancies and still outstanding on the actualcompletion date.Arrears scheduleThe arrears schedule (if any) forming part of thespecial conditions.AuctionThe auction advertised in the catalogue.Auction conduct conditionsThe conditions so headed, including any extraauction conduct conditions.AuctioneersThe auctioneers at the auction.Business dayAny day except (a) a Saturday or a Sunday; (b) abank holiday in England and Wales; or (c) GoodFriday or Christmas Day.

BuyerThe person who agrees to buy the lot or, ifapplicable, that person’s personal representatives: iftwo or more are jointly the buyer their obligations canbe enforced against them jointly or against each ofthem separately.CatalogueThe catalogue to which the conditions refer includingany supplement to it.CompletionUnless otherwise agreed between seller and buyer(or their conveyancers) the occasion when both sellerand buyer have complied with their obligations underthe contract and the balance of the price isunconditionally received in the seller’s conveyancer’sclient account.ConditionOne of the auction conduct conditions or salesconditions. The contract by which the seller agreesto sell and the buyer agrees to buy the lotContractThe contract by which the seller agrees to sell andthe buyer agrees to buy the lot.Contract dateThe date of the auction or, if the lot is not sold at theauction:(a) the date of the sale memorandum signed by boththe seller and buyer; or(b) if contracts are exchanged, the date of exchange.If exchange is not effected in person or by anirrevocable agreement to exchange made bytelephone, fax or electronic mail the date ofexchange is the date on which both parts have beensigned and posted or otherwise placed beyondnormal retrieval.DocumentsDocuments of title (including, if title is registered, theentries on the register and the title plan) and otherdocuments listed or referred to in the specialconditions relating to the lot.Financial chargeA charge to secure a loan or other financialindebtness (not including a rentcharge).General conditionsThat part of the sale conditions so headed, includingany extra general conditions.Interest rateIf not specified in the special conditions, 4% abovethe base rate from time to time of Barclays Bank plc.(The interest rate will also apply to judgment debts,if applicable.) LotEach separate property described in the catalogueor (as the case may be) the property that the sellerhas agreed to sell and the buyer to buy (includingchattels, if any).Old arrearsArrears due under any of the tenancies that are notnew tenancies as defined by the Landlord andTenant (Covenants) Act 1995.ParticularsThe section of the catalogue that containsdescriptions of each lot (as varied by anyaddendum).PractitionerAn insolvency practitioner for the purposes of theInsolvency Act 1986 (or, in relation to jurisdictionsoutside the United Kingdom, any similar official).PriceThe price that the buyer agrees to pay for the lot.Ready to completeReady, willing and able to complete: if completionwould enable the seller to discharge all financialcharges secured on the lot that have to bedischarged by completion, then those outstandingfinancial charges do not prevent the seller from beingready to complete.Sale conditionsThe general conditions as varied by any specialconditions or addendum.Sale memorandumThe form so headed (whether or not set out in thecatalogue) in which the terms of the contract for thesale of the lot are recorded.SellerThe person selling the lot. If two or more are jointlythe seller their obligations can be enforced againstthem jointly or against each of them separately.Special conditionsThose of the sale conditions so headed that relate tothe lot.TenanciesTenancies, leases, licences to occupy andagreements for lease and any documents varying orsupplemental to them.

Tenancy scheduleThe tenancy schedule (if any) forming part of thespecial conditionsTransferTransfer includes a conveyance or assignment (andto transfer includes to convey or to assign).TUPEThe Transfer of Undertakings (Protection ofEmployment) Regulations 2006.VATValue Added Tax or other tax of a similar nature.VAT optionAn option to tax.We (and us and our)The auctioneers.You (and your)Someone who has a copy of the catalogue or whoattends or bids at the auction, whether or not abuyer.

AUCTION CONDUCT CONDITIONSA1 IntroductionA1.1 Words in bold blue type have special meanings,which are defined in the Glossary.A1.2 The catalogue is issued only on the basis thatyou accept these auction conduct conditions. Theygovern our relationship with you and cannot bedisapplied or varied by the sale conditions (even bya condition purporting to replace the whole of theCommon Auction Conditions). They can be variedonly if we agree.A2 Our roleA2.1 As agents for each seller we have authority to:(a) prepare the catalogue from information suppliedby or on behalf of each seller;(b) offer each lot for sale;(c) sell each lot;(d) receive and hold deposits;(e) sign each sale memorandum; and(f) treat a contract as repudiated if the buyer fails tosign a sale memorandum or pay a deposit asrequired by these auction conduct conditions.A2.2 Our decision on the conduct of the auction isfinal.A2.3 We may cancel the auction, or alter the orderin which lots are offered for sale. We may alsocombine or divide lots. A lot may be sold orwithdrawn from sale prior to the auction.A2.4 You acknowledge that to the extent permittedby law we owe you no duty of care and you have noclaim against us for any loss.A3 Bidding and reserve pricesA3.1 All bids are to be made in pounds sterlingexclusive of any applicable VAT. A3.2 We may refuse to accept a bid. We do not haveto explain why.A3.3 If there is a dispute over bidding we are entitledto resolve it, and our decision is final.A3.4 Unless stated otherwise each lot is subject to areserve price (which may be fixed just before the lotis offered for sale). If no bid equals or exceeds thatreserve price the lot will be withdrawn from theauction.A3.5 Where there is a reserve price the seller may bid(or ask us or another agent to bid on the seller’sbehalf) up to the reserve price but may not make abid equal to or exceeding the reserve price. Youaccept that it is possible that all bids up to thereserve price are bids made by or on behalf of theseller.A3.6 Where a guide price (or range of prices) is giventhat guide is the minimum price at which, or rangeof prices within which, the seller might be preparedto sell at the date of the guide price. But guide pricesmay change. The last published guide price willnormally be at or above any reserve price, but notalways – as the seller may fix the final reserve pricejust before bidding commences.A4 The particulars and other informationA4.1 We have taken reasonable care to prepareparticulars that correctly describe each lot. Theparticulars are based on information supplied by oron behalf of the seller. You need to check that theinformation in the particulars is correct. A4.2 If the special conditions do not contain adescription of the lot, or simply refer to the relevantlot number, you take the risk that the descriptioncontained in the particulars is incomplete orinaccurate, as the particulars have not beenprepared by a conveyancer and are not intended toform part of a legal contract.A4.3 The particulars and the sale conditions maychange prior to the auction and it is yourresponsibility to check that you have the correctversions.A4.4 If we provide information, or a copy of adocument, provided by others we do so only on the

basis that we are not responsible for the accuracy ofthat information or document.A5 The contractA5.1 A successful bid is one we accept as such(normally on the fall of the hammer). This conditionA5 applies to you if you make the successful bid fora lot.A5.2 You are obliged to buy the lot on the terms ofthe sale memorandum at the price you bid plus VAT(if applicable).A5.3 You must before leaving the auction:(a) provide all information we reasonably need fromyou to enable us to complete the sale memorandum(including proof of your identity if required by us);(b) sign the completed sale memorandum; and(c) pay the deposit.A5.4 If you do not we may either:(a) as agent for the seller treat that failure as yourrepudiation of the contract and offer the lot for saleagain: the seller may then have a claim against youfor breach of contract; or(b) sign the sale memorandum on your behalf.A5.5 The deposit:(a) is to be held as stakeholder where VAT would bechargeable on the deposit were it to be held as agentfor the seller, but otherwise is to be held as stated inthe sale conditions; and(b) must be paid in pounds sterling by cheque or bybankers’ draft made payable to us on an approvedfinancial institution. The extra auction conductconditions may state if we accept any other form ofpayment.A5.6 We may retain the sale memorandum signedby or on behalf of the seller until the deposit has beenreceived in cleared funds.A5.7 If the buyer does not comply with its obligationsunder the contract then:(a) you are personally liable to buy the lot even if youare acting as an agent; and(b) you must indemnify the seller in respect of anyloss the seller incurs as a result of the buyer’s default.A5.8 Where the buyer is a company you warrant thatthe buyer is properly constituted and able to buy thelot.A6 Extra Auction Conduct ConditionsA6.1 Despite any special condition to the contrarythe minimum deposit we accept is £1,500.00 or thetotal price, if less). A special condition may, however,require a higher minimum deposit.GENERAL CONDITIONS OF SALEWords in bold blue type have special meanings,which are defined in the Glossary.The general conditions (including any extra generalconditions) apply to the contract except to the extentthat they are varied by special conditions or by anaddendum.G1. The lotG1.1 The lot (including any rights to be granted orreserved, and any exclusions from it) is described inthe special conditions, or if not so described the lotis that referred to in the sale memorandum.G1.2 The lot is sold subject to any tenanciesdisclosed by the special conditions, but otherwisewith vacant possession on completion.G1.3 The lot is sold subject to all matters containedor referred to in the documents, but excluding anyfinancial charges: these the seller must discharge onor before completion.G1.4 The lot is also sold subject to such of thefollowing as may affect it, whether they arise beforeor after the contract date and whether or not theyare disclosed by the seller or are apparent frominspection of the lot or from the documents: (a) matters registered or capable of registration aslocal land charges;(b) matters registered or capable of registration byany competent authority or under the provisions ofany statute;(c) notices, orders, demands, proposals andrequirements of any competent authority;(d) charges, notices, orders, restrictions, agreementsand other matters relating to town and countryplanning, highways or public health;(e) rights, easements, quasi-easements, andwayleaves; (f) outgoings and other liabilities;(g) any interest which overrides, within the meaningof the Land Registration Act 2002;(h) matters that ought to be disclosed by thesearches and enquiries a prudent buyer would make,whether or not the buyer has made them; and(i) anything the seller does not and could notreasonably know about.G1.5 Where anything subject to which the lot is soldwould expose the seller to liability the buyer is tocomply with it and indemnify the seller against thatliability.G1.6 The seller must notify the buyer of any notices,



orders, demands, proposals and requirements of anycompetent authority of which it learns after thecontract date but the buyer must comply with themand keep the seller indemnified.G1.7 The lot does not include any tenant’s or tradefixtures or fittings.G1.8 Where chattels are included in the lot the buyertakes them as they are at completion and the selleris not liable if they are not fit for use.G1.9 The buyer buys with full knowledge of:(a) the documents, whether or not the buyer has readthem; and(b) the physical condition of the lot and what couldreasonably be discovered on inspection of it,whether or not the buyer has inspected it.G1.10 The buyer is not to rely on the informationcontained in the particulars but may rely on theseller’s conveyancer’s written replies to preliminaryenquiries to the extent stated in those replies.G2. DepositG2.1 The amount of the deposit is the greater of: (a)any minimum deposit stated in the auction conductconditions (or the total price, if this is less than thatminimum); and(b) 10% of the price (exclusive of any VAT on theprice).G2.2 The deposit(a) must be paid in pounds sterling by cheque orbanker’s draft drawn on an approved financialinstitution (or by any other means of payment thatthe auctioneers may accept); and (b) is to be held as stakeholder unless the auctionconduct conditions provide that it is to be held asagent for the seller.G2.3 Where the auctioneers hold the deposit asstakeholder they are authorised to release it (andinterest on it if applicable) to the seller on completionor, if completion does not take place, to the personentitled to it under the sale conditions.G2.4 If a cheque for all or part of the deposit is notcleared on first presentation the seller may treat thecontract as at an end and bring a claim against thebuyer for breach of contract.G2.5 Interest earned on the deposit belongs to theseller unless the sale conditions provide otherwise.G3. Between contract and completionG3.1 Unless the special conditions state otherwise,the seller is to insure the lot from and including thecontract date to completion and:(a) produce to the buyer on request all relevantinsurance details;(b) pay the premiums when due;(c) if the buyer so requests, and pays any additionalpremium, use reasonable endeavours to increase thesum insured or make other changes to the policy;(d) at the request of the buyer use reasonableendeavours to have the buyer’s interest noted on thepolicy if it does not cover a contracting purchaser;(e) unless otherwise agreed, cancel the insurance atcompletion, apply for a refund of premium and(subject to the rights of any tenant or other thirdparty) pay that refund to the buyer; and(f) (subject to the rights of any tenant or other thirdparty) hold on trust for the buyer any insurancepayments that the seller receives in respect of lossor damage arising after the contract date or assignto the buyer the benefit of any claim; and the buyer must on completion reimburse to theseller the cost of that insurance (to the extent notalready paid by the buyer or a tenant or other thirdparty) for the period from and including the contractdate to completion.G3.2 No damage to or destruction of the lot nor anydeterioration in its condition, however caused,entitles the buyer to any reduction in price, or todelay completion, or to refuse to complete.G3.3 Section 47 of the Law of Property Act 1925does not apply.G3.4 Unless the buyer is already lawfully inoccupation of the lot the buyer has no right to enterinto occupation prior to completion.G4. Title and identityG4.1 Unless condition G4.2 applies, the buyeraccepts the title of the seller to the lot as at thecontract date and may raise no requisition orobjection except in relation to any matter that occursafter the contract date.G4.2 If any of the documents is not made availablebefore the auction the following provisions apply:(a) The buyer may raise no requisition on or objectionto any of the documents that is made availablebefore the auction.(b) If the lot is registered land the seller is to give tothe buyer within five business days of the contractdate an official copy of the entries on the register andtitle(c) If the lot is not registered land the seller is to give

to the buyer within five business days an abstract orepitome of title starting from the root of titlementioned in the special conditions (or, if none ismentioned, a good root of title more than fifteenyears old) and must produce to the buyer the originalor an examined copy of every relevant document.(d) If title is in the course of registration, title is toconsist of certified copies of:(i) the application for registration of title made to theland registry;(ii) the documents accompanying that application;(iii) evidence that all applicable stamp duty land taxrelating to that application has been paid; and(iv) a letter under which the seller or its conveyanceragrees to use all reasonable endeavours to answerany requisitions raised by the land registry and toinstruct the land registry to send the completedregistration documents to the buyer.(e) The buyer has no right to object to or makerequisitions on any title information more than sevenbusiness days after that information has been givento the buyer.G4.3 Unless otherwise stated in the specialconditions the seller sells with full title guaranteeexcept that (and the transfer shall so provide):(a) the covenant set out in section 3 of the Law ofProperty (Miscellaneous Provisions) Act 1994 shallnot extend to matters recorded in registers open topublic inspection; these are to be treated as withinthe actual knowledge of the buyer; and(b) the covenant set out in section 4 of the Law ofProperty (Miscellaneous Provisions) Act 1994 shallnot extend to any condition or tenant’s obligationrelating to the state or condition of the lot where thelot is leasehold property.G4.4 The transfer is to have effect as if expresslysubject to all matters subject to which the lot is soldunder the contract.G4.5 The seller does not have to produce, nor maythe buyer object to or make a requisition in relationto, any prior or superior title even if it is referred to inthe documents. G4.6 The seller (and, if relevant, the buyer) mustproduce to each other such confirmation of, orevidence of, their identity and that of theirmortgagees and attorneys (if any) as is necessary forthe other to be able to comply with applicable LandRegistry Rules when making application forregistration of the transaction to which the conditionsapply.G5. TransferG5.1 Unless a form of transfer is prescribed by thespecial conditions:(a) the buyer must supply a draft transfer to the sellerat least ten business days before the agreedcompletion date and the engrossment (signed as adeed by the buyer if condition G5.2 applies) fivebusiness days before that date or (if later) twobusiness days after the draft has been approved bythe seller; and(b) the seller must approve or revise the draft transferwithin five business days of receiving it from thebuyer.G5.2 If the seller remains liable in any respect inrelation to the lot (or a tenancy) following completionthe buyer is specifically to covenant in the transfer toindemnify the seller against that liability.G5.3 The seller cannot be required to transfer the lotto anyone other than the buyer, or by more than onetransfer.G6. CompletionG6.1 Completion is to take place at the offices of theseller’s conveyancer, or where the seller mayreasonably require, on the agreed completion date.The seller can only be required to complete on abusiness day and between the hours of 0930 and1700.G6.2 The amount payable on completion is thebalance of the price adjusted to take account ofapportionments plus (if applicable) VAT and interest.G6.3 Payment is to be made in pounds sterling andonly by:(a) direct transfer to the seller’s conveyancer’s clientaccount; and(b) the release of any deposit held by a stakeholder.G6.4 Unless the seller and the buyer otherwiseagree, completion cannot take place until both havecomplied with their obligations under the contractand the balance of the price is unconditionallyreceived in the seller’s conveyancer’s client account. G6.5 If completion takes place after 1400 hours fora reason other than the seller’s default it is to betreated, for the purposes of apportionment andcalculating interest, as if it had taken place on thenext business day.G6.6 Where applicable the contract remains in forcefollowing completion.

G7. Notice to completeG7.1 The seller or the buyer may on or after theagreed completion date but before completion givethe other notice to complete within ten businessdays (excluding the date on which the notice is given)making time of the essence.G7.2 The person giving the notice must be ready tocomplete.G7.3 If the buyer fails to comply with a notice tocomplete the seller may, without affecting any otherremedy the seller has:(a) terminate the contract; (b) claim the deposit and any interest on it if held bya stakeholder;(c) forfeit the deposit and any interest on it;(d) resell the lot; and(e) claim damages from the buyer.G7.4 If the seller fails to comply with a notice tocomplete the buyer may, without affecting any otherremedy the buyer has:(a) terminate the contract; and(b) recover the deposit and any interest on it from theseller or, if applicable, a stakeholder.G8. If the contract is brought to an endIf the contract is lawfully brought to an end:(a) the buyer must return all papers to the seller andappoints the seller its agent to cancel any registrationof the contract; and(b) the seller must return the deposit and any intereston it to the buyer (and the buyer may claim it fromthe stakeholder, if applicable) unless the seller isentitled to forfeit the deposit under condition G7.3.G9. Landlord’s licenceG9.1 Where the lot is or includes leasehold land andlicence to assign is required this condition G9applies.G9.2 The contract is conditional on that licence beingobtained, by way of formal licence if that is what thelandlord lawfully requires.G9.3 The agreed completion date is not to be earlierthan the date five business days after the seller hasgiven notice to the buyer that licence has beenobtained.G9.4 The seller must:(a) use all reasonable endeavours to obtain thelicence at the seller’s expense; and(b) enter into any authorised guarantee agreementproperly required.G9.5 The buyer must:(a) promptly provide references and other relevantinformation; and(b) comply with the landlord’s lawful requirements.G9.6 If within three months of the contract date (orsuch longer period as the seller and buyer agree) thelicence has not been obtained the seller or the buyermay (if not then in breach of any obligation under thiscondition G9) by notice to the other terminate thecontract at any time before licence is obtained. Thattermination is without prejudice to the claims of eitherseller or buyer for breach of this condition G9.G10. Interest and apportionmentsG10.1 If the actual completion date is after theagreed completion date for any reason other than theseller’s default the buyer must pay interest at theinterest rate on the price (less any deposit paid) fromthe agreed completion date up to and including theactual completion date.G10.2 Subject to condition G11 the seller is notobliged to apportion or account for any sum atcompletion unless the seller has received that sumin cleared funds. The seller must pay to the buyerafter completion any sum to which the buyer isentitled that the seller subsequently receives incleared funds.G10.3 Income and outgoings are to be apportionedat actual completion date unless:(a) the buyer is liable to pay interest; and(b) the seller has given notice to the buyer at any timeup to completion requiring apportionment on thedate from which interest becomes payable by thebuyer; in which event income and outgoings are tobe apportioned on the date from which interestbecomes payable by the buyer.G10.4 Apportionments are to be calculated on thebasis that:(a) the seller receives income and is liable foroutgoings for the whole of the day on whichapportionment is to be made;(b) annual income and expenditure accrues at anequal daily rate assuming 365 days in a year, andincome and expenditure relating to some otherperiod accrues at an equal daily rate during theperiod to which it relates; and(c) where the amount to be apportioned is not knownat completion apportionment is to be made byreference to a reasonable estimate and furtherpayment is to be made by seller or buyer as

appropriate within five business days of the datewhen the amount is known.G11. ArrearsPart 1 Current rentG11.1 Current rent means, in respect of each of thetenancies subject to which the lot is sold, theinstalment of rent and other sums payable by thetenant in advance on the most recent rent paymentdate on or within four months preceding completion.G11.2 If on completion there are any arrears ofcurrent rent the buyer must pay them, whether or notdetails of those arrears are given in the specialconditions.G11.3 Parts 2 and 3 of this condition G11 do notapply to arrears of current rent.Part 2 Buyer to pay for arrearsG11.4 Part 2 of this condition G11 applies where thespecial conditions give details of arrears.G11.5 The buyer is on completion to pay, in additionto any other money then due, an amount equal to allarrears of which details are set out in the specialconditions.G11.6 If those arrears are not old arrears the seller isto assign to the buyer all rights that the seller has torecover those arrears.Part 3 Buyer not to pay for arrearsG11.7 Part 3 of this condition G11 applies where thespecial conditions:(a) so state; or(b) give no details of any arrears.G11.8 While any arrears due to the seller remainunpaid the buyer must:(a) try to collect them in the ordinary course ofmanagement but need not take legal proceedings orforfeit the tenancy;(b) pay them to the seller within five business days ofreceipt in cleared funds (plus interest at the interestrate calculated on a daily basis for each subsequentday’s delay in payment);(c) on request, at the cost of the seller, assign to theseller or as the seller may direct the right to demandand sue for old arrears, such assignment to be insuch form as the seller’s conveyancer mayreasonably require;(d) if reasonably required, allow the seller’sconveyancer to have on loan the counterpart of anytenancy against an undertaking to hold it to thebuyer’s order;(e) not without the consent of the seller release anytenant or surety from liability to pay arrears or accepta surrender of or forfeit any tenancy under whicharrears are due; and(f) if the buyer disposes of the lot prior to recovery ofall arrears obtain from the buyer’s successor in title acovenant in favour of the seller in similar form to part3 of this condition G11.G11.9 Where the seller has the right to recoverarrears it must not without the buyer’s writtenconsent bring insolvency proceedings against atenant or seek the removal of goods from the lot.G12. ManagementG12.1 This condition G12 applies where the lot issold subject to tenancies.G12.2 The seller is to manage the lot in accordancewith its standard management policies pendingcompletion.G12.3 The seller must consult the buyer on allmanagement issues that would affect the buyer aftercompletion (such as, but not limited to, anapplication for licence; a rent review; a variation,surrender, agreement to surrender or proposedforfeiture of a tenancy; or a new tenancy oragreement to grant a new tenancy) and:(a) the seller must comply with the buyer’s reasonablerequirements unless to do so would (but for theindemnity in paragraph (c)) expose the seller to aliability that the seller would not otherwise have, inwhich case the seller may act reasonably in such away as to avoid that liability; (b) if the seller gives the buyer notice of the seller’sintended act and the buyer does not object withinfive business days giving reasons for the objectionthe seller may act as the seller intends; and(c) the buyer is to indemnify the seller against all lossor liability the seller incurs through acting as the buyerrequires, or by reason of delay caused by the buyer.G13. Rent depositsG13.1 This condition G13 applies where the seller isholding or otherwise entitled to money by way of rentdeposit in respect of a tenancy. In this condition G13rent deposit deed means the deed or otherdocument under which the rent deposit is held.G13.2 If the rent deposit is not assignable the sellermust on completion hold the rent deposit on trust forthe buyer and, subject to the terms of the rentdeposit deed, comply at the cost of the buyer withthe buyer’s lawful instructions.


G13.3 Otherwise the seller must on completion payand assign its interest in the rent deposit to the buyerunder an assignment in which the buyer covenantswith the seller to:(a) observe and perform the seller’s covenants andconditions in the rent deposit deed and indemnify theseller in respect of any breach;(b) give notice of assignment to the tenant; and(c) give such direct covenant to the tenant as may berequired by the rent deposit deed.G14. VATG14.1 Where a sale condition requires money to bepaid or other consideration to be given, the payermust also pay any VAT that is chargeable on thatmoney or consideration, but only if given a valid VATinvoice.G14.2 Where the special conditions state that noVAT option has been made the seller confirms thatnone has been made by it or by any company in thesame VAT group nor will be prior to completion.G15. Transfer as a going concernG15.1 Where the special conditions so state:(a) the seller and the buyer intend, and will take allpracticable steps (short of an appeal) to procure, thatthe sale is treated as a transfer of a going concern;and(b) this condition G15 applies.G15.2 The seller confirms that the seller (a) isregistered for VAT, either in the seller’s name or as amember of the same VAT group; and(b) has (unless the sale is a standard-rated supply)made in relation to the lot a VAT option that remainsvalid and will not be revoked before completion.G15.3 The buyer confirms that:(a) it is registered for VAT, either in the buyer’s nameor as a member of a VAT group;(b) it has made, or will make before completion, aVAT option in relation to the lot and will not revoke itbefore or within three months after completion;(c) article 5(2B) of the Value Added Tax (SpecialProvisions) Order 1995 does not apply to it; and(d) it is not buying the lot as a nominee for anotherperson.G15.4 The buyer is to give to the seller as early aspossible before the agreed completion dateevidence:(a) of the buyer’s VAT registration;(b) that the buyer has made a VAT option; and(c) that the VAT option has been notified in writing toHM Revenue and Customs; and if it does notproduce the relevant evidence at least two businessdays before the agreed completion date, conditionG14.1 applies at completion.G15.5 The buyer confirms that after completion thebuyer intends to:(a) retain and manage the lot for the buyer’s ownbenefit as a continuing business as a going concernsubject to and with the benefit of the tenancies; and(b) collect the rents payable under the tenancies andcharge VAT on them G15.6 If, after completion, it is found that the sale ofthe lot is not a transfer of a going concern then:(a) the seller’s conveyancer is to notify the buyer’sconveyancer of that finding and provide a VAT invoicein respect of the sale of the lot;(b) the buyer must within five business days of receiptof the VAT invoice pay to the seller the VAT due; and(c) if VAT is payable because the buyer has notcomplied with this condition G15, the buyer mustpay and indemnify the seller against all costs,interest, penalties or surcharges that the seller incursas a result.G16. Capital allowancesG16.1 This condition G16 applies where the specialconditions state that there are capital allowancesavailable in respect of the lot.G16.2 The seller is promptly to supply to the buyerall information reasonably required by the buyer inconnection with the buyer’s claim for capitalallowances.G16.3 The value to be attributed to those items onwhich capital allowances may be claimed is set outin the special conditions.G16.4 The seller and buyer agree:(a) to make an election on completion under Section198 of the Capital Allowances Act 2001 to give effectto this condition G16; and(b) to submit the value specified in the specialconditions to HM Revenue and Customs for thepurposes of their respective capital allowancecomputations.G17. Maintenance agreementsG17.1 The seller agrees to use reasonableendeavours to transfer to the buyer, at the buyer’scost, the benefit of the maintenance agreementsspecified in the special conditions. G17.2 The buyer must assume, and indemnify the

seller in respect of, all liability under such contractsfrom the actual completion date.G18. Landlord and Tenant Act 1987G18.1 This condition G18 applies where the sale isa relevant disposal for the purposes of part I of theLandlord and Tenant Act 1987.G18.2 The seller warrants that the seller hascomplied with sections 5B and 7 of that Act and thatthe requisite majority of qualifying tenants has notaccepted the offer.G19. Sale by practitionerG19.1 This condition G19 applies where the sale isby a practitioner either as seller or as agent of theseller.G19.2 The practitioner has been duly appointed andis empowered to sell the lot.G19.3 Neither the practitioner nor the firm or anymember of the firm to which the practitioner belongshas any personal liability in connection with the saleor the performance of the seller’s obligations. Thetransfer is to include a declaration excluding thatpersonal liability.G19.4 The lot is sold:(a) in its condition at completion;(b) for such title as the seller may have; and(c) with no title guarantee; and the buyer has no rightto terminate the contract or any other remedy ifinformation provided about the lot is inaccurate,incomplete or missing.G19.5 Where relevant:(a) the documents must include certified copies ofthose under which the practitioner is appointed, thedocument of appointment and the practitioner’sacceptance of appointment; and(b) the seller may require the transfer to be by thelender exercising its power of sale under the Law ofProperty Act 1925.G19.6 The buyer understands this condition G19and agrees that it is fair in the circumstances of a saleby a practitioner.G20. TUPEG20.1 If the special conditions state There are noemployees to which TUPE applies, this is a warrantyby the seller to this effect.G20.2 If the special conditions do not state There areno employees to which TUPE applies the followingparagraphs apply:(a) The seller must notify the buyer of thoseemployees whose contracts of employment willtransfer to the buyer on completion (the TransferringEmployees). This notification must be given to thebuyer not less than 14 days before completion.(b) The buyer confirms that it will comply with itsobligations under TUPE and any special conditionsin respect of the Transferring Employees.(c) The buyer and the seller acknowledge thatpursuant and subject to TUPE, the contracts ofemployment between the Transferring Employeesand the seller will transfer to the buyer on completion.(d) The buyer is to keep the seller indemnified againstall liability for the Transferring Employees aftercompletion.G21. EnvironmentalG21.1 This condition G21 only applies where thespecial conditions so provide.G21.2 The seller has made available such reports asthe seller has as to the environmental condition ofthe lot and has given the buyer the opportunity tocarry out investigations (whether or not the buyer hasread those reports or carried out any investigation)and the buyer admits that the price takes intoaccount the environmental condition of the lot.G21.3 The buyer agrees to indemnify the seller inrespect of all liability for or resulting from theenvironmental condition of the lot.G22. Service ChargeG22.1 This condition G22 applies where the lot issold subject to tenancies that include service chargeprovisions.G22.2 No apportionment is to be made atcompletion in respect of service charges.G22.3 Within two months after completion the sellermust provide to the buyer a detailed service chargeaccount for the service charge year current oncompletion showing:(a) service charge expenditure attributable to eachtenancy;(b) payments on account of service charge receivedfrom each tenant;(c) any amounts due from a tenant that have notbeen received;(d) any service charge expenditure that is notattributable to any tenancy and is for that reasonirrecoverable.G22.4 In respect of each tenancy, if the servicecharge account shows that:(a) payments on account (whether received or still

then due from a tenant) exceed attributable servicecharge expenditure, the seller must pay to the buyeran amount equal to the excess when it provides theservice charge account;(b) attributable service charge expenditure exceedspayments on account (whether those paymentshave been received or are still then due), the buyermust use all reasonable endeavours to recover theshortfall from the tenant at the next service chargereconciliation date and pay the amount so recoveredto the seller within five business days of receipt incleared funds; but in respect of payments onaccount that are still due from a tenant condition G11(arrears) applies.G22.5 In respect of service charge expenditure thatis not attributable to any tenancy the seller must paythe expenditure incurred in respect of the periodbefore actual completion date and the buyer mustpay the expenditure incurred in respect of the periodafter actual completion date. Any necessarymonetary adjustment is to be made within fivebusiness days of the seller providing the servicecharge account to the buyer.G22.6 If the seller holds any reserve or sinking fundon account of future service charge expenditure or adepreciation fund:(a) the seller must pay it (including any interest earnedon it) to the buyer on completion; and(b) the buyer must covenant with the seller to hold itin accordance with the terms of the tenancies and toindemnify the seller if it does not do so.G23. Rent reviewsG23.1 This condition G23 applies where the lot issold subject to a tenancy under which a rent reviewdue on or before the actual completion date has notbeen agreed or determined.G23.2 The seller may continue negotiations or rentreview proceedings up to the actual completion datebut may not agree the level of the revised rent orcommence rent review proceedings without thewritten consent of the buyer, such consent not to beunreasonably withheld or delayed.G23.3 Following completion the buyer mustcomplete rent review negotiations or proceedings assoon as reasonably practicable but may not agreethe level of the revised rent without the writtenconsent of the seller, such consent not to beunreasonably withheld or delayed.G23.4 The seller must promptly:(a) give to the buyer full details of all rent reviewnegotiations and proceedings, including copies of allcorrespondence and other papers; and(b) use all reasonable endeavours to substitute thebuyer for the seller in any rent review proceedings.G23.5 The seller and the buyer are to keep eachother informed of the progress of the rent review andhave regard to any proposals the other makes inrelation to it.G23.6 When the rent review has been agreed ordetermined the buyer must account to the seller forany increased rent seller’s period of ownership withinfive business days of receipt of cleared funds.G23.7 If a rent review is agreed or determined beforecompletion but the increased rent and any interestrecoverable from the tenant has not been receivedby completion the increased rent and any interestrecoverable is to be treated as arrears.G23.8 The seller and the buyer are to bear their owncosts in relation to rent review negotiations andproceedings.G24. Tenancy renewalsG24.10 This condition G24 applies where the tenantunder a tenancy has the right to remain in occupationunder part II of the Landlord and Tenant Act 1954 (asamended) and references to notices andproceedings are to notices and proceedings underthat Act.G24.20 Where practicable, without exposing theseller to liability or penalty, the seller must not withoutthe written consent of the buyer (which the buyermust not unreasonably withhold or delay) serve orrespond to any notice or begin or continue anyproceedings.G24.30 If the seller receives a notice the seller mustsend a copy to the buyer within five business daysand act as the buyer reasonably directs in relation toit.G24.4 Following completion the buyer must:(a) with the co-operation of the seller take immediatesteps to substitute itself as a party to anyproceedings;(b) use all reasonable endeavours to conclude anyproceedings or negotiations for the renewal of thetenancy and the determination of any interim rent assoon as reasonably practicable at the best rent orrents reasonably obtainable; and(c) if any increased rent is recovered from the tenant

(whether as interim rent or under the renewedtenancy) account to the seller for the part of thatincrease that relates to the seller’s period ofownership of the lot within five business days ofreceipt of cleared funds.G24.5 The seller and the buyer are to bear their owncosts in relation to the renewal of the tenancy andany proceedings relating to this.G25. WarrantiesG25.1 Available warranties are listed in the specialconditions.G25.2 Where a warranty is assignable the sellermust:(a) on completion assign it to the buyer and givenotice of assignment to the person who gave thewarranty; and(b) apply for (and the seller and the buyer must useall reasonable endeavours to obtain) any consent toassign that is required. If consent has not beenobtained by completion the warranty must beassigned within five business days after the consenthas been obtained.G25.3 If a warranty is not assignable the seller mustafter completion:(a) hold the warranty on trust for the buyer; and(b) at the buyer’s cost comply with such of the lawfulinstructions of the buyer in relation to the warrantyas do not place the seller in breach of its terms orexpose the seller to any liability or penalty.G26. No assignmentThe buyer must not assign, mortgage or otherwisetransfer or part with the whole or any part of thebuyer’s interest under this contract.G27. Registration at the Land RegistryG27.1 This condition G27.1 applies where the lot isleasehold and its sale either triggers first registrationor is a registrable disposition. The buyer must at itsown expense and as soon as practicable:(a) procure that it becomes registered at LandRegistry as proprietor of the lot;(b) procure that all rights granted and reserved by thelease under which the lot is held are properly notedagainst the affected titles; and(c) provide the seller with an official copy of theregister relating to such lease showing itselfregistered as proprietor. G27.2 This condition G27.2 applies where the lotcomprises part of a registered title. The buyer mustat its own expense and as soon as practicable:(a) apply for registration of the transfer;(b) provide the seller with an official copy and titleplan for the buyer’s new title; and(c) join in any representations the seller may properlymake to Land Registry relating to the application.G28. Notices and other communicationsG28.1 All communications, including notices, mustbe in writing. Communication to or by the seller orthe buyer may be given to or by their conveyancers.G28.2 A communication may be relied on if:(a) delivered by hand; or(b) made electronically and personally acknowledged(automatic acknowledgement does not count); or(c) there is proof that it was sent to the address ofthe person to whom it is to be given (as specified inthe sale memorandum) by a postal service that offersnormally to deliver mail the next following businessday.G28.3 A communication is to be treated as received: (a) when delivered, if delivered by hand; or(b) when personally acknowledged, if madeelectronically; but if delivered or made after 1700hours on a business day a communication is to betreated as received on the next business day.G28.4 A communication sent by a postal service thatoffers normally to deliver mail the next followingbusiness day will be treated as received on thesecond business day after it has been posted.G29. Contracts (Rights of Third Parties) Act1999No one is intended to have any benefit under thecontract pursuant to the Contract (Rights of ThirdParties) Act 1999.



Notes


MEET THE TEAM

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Early Bird UpdatesWant to be the first to know about new instructions?If you want to be the first to find out about new instructions then all you need to do is register online atwww.venmoreauctions.co.uk call one of our auction team on 0151 236 6746 or speak to someone on the day of theauction. All we need is your name, email address, telephone number, the type of property you are currently looking forand we will send you regular updates of any opportunities that suit your personal requirements.

It’s completely free to join and will keep you one step ahead of the competition!

Merseyside area map

You can use the map below as a guideto find the location of our properties


Our BranchesOur offices cover Liverpool, Southport & Wirral

Trading as Venmore in Liverpool, Ball & Percival in Southportand Bradshaw Farnham & Lea in Wirral, we believe this offersour clients a much broader service and the ability to deal with

the same agent even if moving slightly further afield

Venmores provided us with a

first class service and dealt with the

viewings on our property in an

expert manner. We completed

within 4 weeks!Thank you for

making our move so painless!

Mr & Mrs Wallis, Allerton

Southport Office132 Lord Street,

Southport, PR9 0AETelephone 01704 536 900

[email protected]

Ainsdale Office36/38 Station Road,Ainsdale, PR8 3HS

Telephone 01704 574 224

Auction DepartmentImperial Buildings, 9 Dale Street,

Liverpool, L2 2SHTelephone 0151 236 6746

[email protected]

Survey & ValuationImperial Buildings, 9 Dale Street,


[email protected]

Property ManagementImperial Buildings, 9 Dale Street,


[email protected]

Allerton Office8-10 Allerton Road,

Allerton, L18 1LNTelephone 0151 733 9000

[email protected]

City OfficeImperial Buildings, 9 Dale Street,


[email protected]

Commercial DepartmentImperial Buildings, 9 Dale Street,


Moreton256 Hoylake Road, Moreton

Wirral, CH46 6AFTelephone 0151 678 9760

[email protected]

Bebington6 Church Road, Bebington

Wirral, CH63 7PHTelephone 0151 645 7155

[email protected]

Bromborough10 Allport Lane, Bromborough

Wirral, CH62 7HPTelephone 0151 334 5156

[email protected]

West Kirby18 The Crescent, West Kirby

Wirral, CH48 4HNTelephone 0151 625 8844

[email protected]

Heswall7 Pensby Road, Heswall

Wirral, CH60 7RATelephone 0151 348 4488

[email protected]

Prenton357 Woodchurch Road

Prenton, Wirral, CH42 8PETelephone 0151 608 9595

[email protected]

Chester20 Grosvenor Street

Chester, CH1 2DDTelephone 01244 88 66 [email protected]

Ven ed us rovid

Wallis, Allerton