july auction catalogue - shobrooks

SHOBROOK & CO LTDIncorporating Fieldens

PROPERTY AUCTIONThursday 29th July 2010

Commencing 2.00pm at the New Continental Hotel,

Millbay Road, Plymouth

Auctioneers


Auctioneers, Surveyors, Valuers & Estate Agents20 Western Approach, Plymouth. PL1 1TG

Telephone: (01752) 663341 Fax: (01752) 255157

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

Joint Agents With

4 The CrescentPlymouth, PL1 3ABTel: 01752 255222Fax: 01752 251100(Lots 1 & 12)

40 Mannamead Road, Mutley, Plymouth, PL4 7AFTel: 01752 256000 Fax: 01752 255322(Lot 13)

ORDER OF SALE

Lot 1

Lot 2

Lot 3

Lot 4

Lot 5

Lot 6

Lot 7

Lot 8

Lot 9

Lot 10

Lot 11

Lot 12

Lot 13

Lot 14

Lot 15

BLOCK OF TWELVE LOCK UP GARAGES’ Rear of Bere Alston Parish Hall, Bere Alston, Devon

6, LAIRA STREET, PRINCE ROCK, PLYMOUTH, DEVON, PL4 9JT

12, ELLIOTT ROAD, PRINCE ROCK, PLYMOUTH, DEVON, PL4 9NJ

7, PARR STREET, COXSIDE, PLYMOUTH, DEVON, PL4 0LA

40, VAUXHALL STREET, BARBICAN, PLYMOUTH, DEVON, PL4 0ER

1, BLANCHARD PLACE, BORINGDON HILL, COLEBROOK, PLYMPTON, PLYMOUTH, DEVON, PL7 4DE

34, ALFRED ROAD, FORD, PLYMOUTH, DEVON, PL2 1QB

50, PRIORY ROAD, LOWER COMPTON, PLYMOUTH, DEVON, PL3 5EP

128, DELAMERE ROAD, EGGBUCKLAND, PLYMOUTH, DEVON, PL6 5XD

“THE COTTAGE”, 118 ELBURTON ROAD, ELBURTON, PLYMOUTH, DEVON, PL9 8JB

TAMERTON METHODIST CHURCH, FORE STREET, TAMERTON FOLIOT, PLYMOUTH, DEVON, PL5 4NA

“ARMADALE”, TREVANION ROAD, WADEBRIDGE, CORNWALL, PL27 7NX

26, WESTERN COLLEGE ROAD, MANNAMEAD, PLYMOUTH, DEVON, PL4 7AG

“WATERLOO HOUSE”, 10 PROVIDENCE PLACE, STOKE, PLYMOUTH, DEVON, PL1 5QS

18 and 19 THE QUAY, ORESTON, PLYMOUTH, DEVON, PL9 7NE

Property Auction Thursday 29th July 2010at the New Continental Hotel, Millbay Road, Plymouth

Commencing 2.00pm

All plans and maps are for location identification purposes only and they do not form part of any contract.They do not necessarily indicate the precise boundaries of each site and they are not to scale.

Any drawings are for illustrative purposes only.

Lot No.: 1

BLOCK OF TWELVE LOCK UP GARAGESRear of Bere Alston Parish Hall, Bere Alston, Devon

Property Details

Location

These garages are situated at the rear of the Parish Hall

in the heart of the village of Bere Alston and accessed

from Station Road.

Description

Although in need of some refurbishment, this block of

garages is located in as established residential district of

high density development and given the fact that many

of the surrounding dwellings do not enjoy the benefi t of

garages of their own, should continue to attract tenants

in the future.

Accommodation

Of traditional construction and substantially built with up

and over entrance doors each garage will accommodate

a single vehicle.

Tenure

Freehold with vacant possession.

Joint Agents Shobrook & Co Ltdand Monk & Partners

Freehold investment comprising twelve lock up single garages in a block.

For investment or future occupation.

Potential to generate good rental income when fully let.

Well situated in a well established residential area in the heart of the village of Bere Alston.

Offered with full vacant possession.

Guide Price £55,000 - £65,000Vendors Solicitors

Trowers and Hamlins LLP, The Senate, Southernhay Gardens, Exeter, EX1 1UG Tel: 01392 217466 Fax: 01392 221047

DX: 8343 Exeter Reference: Becky Smyth

Please note: This plan is provided for location identifi cation purposes only. It does not necessarily indicate the precise boundaries of the site and it is not to scale.

Lot No.: 2

6, LAIRA STREETPRINCE ROCK, PLYMOUTH, DEVON, PL4 9JT

Property Details

Location Laira Street is located off Embankment Road in close proximity to the district shopping centre and within easy reach of the City Centre less than one mile distant.

DescriptionA spacious property in need of repair and modernisation well suited for refurbishment as a good sized family dwelling for owner occupation or for letting purposes with the potential to generate a high rental income when fully let.

TenureFreehold with vacant possession.

Accommodation

Ground FloorVestibule Entrance, Entrance Hall, Lounge, Dining Room, Kitchen, Lobby and Bathroom with bath, wash hand basin and W.C.

First FloorLanding, No 1 Bedroom (double) No 2 Bedroom (double), No 3 Bedroom (double), Utility Room (previously a second kitchen) and Shower Room with shower and wash hand basin, and separate W.C.

A workshop / storeroom has been formed in the tenement sub roof void.

OutsideEnclosed rear courtyard.

Vendors SolicitorsFoot Anstey, Salt Quay House, 4 North East Quay, Sutton Harbour, Plymouth, PL4 0BN

Tel: 01752 675000 Fax: 01752 675500DX: 118102 Plymouth Reference: Henry Lowson

Sole Agents Shobrook & Co Ltd


A substantial property of considerable character in

need of renovation

Previously loosely arranged as 2 non self-contained

fl ats but more recently occupied as a single

dwelling.

Situated in a popular and well established

residential area within easy reach of the City

Centre.

Well suited for refurbishment as a spacious property

for owner occupation or for letting purposes.

Guide Price £80,000 - £90,000

Lot No.: 3

12, ELLIOTT ROADPRINCE ROCK, PLYMOUTH, DEVON, PL4 9NJ

Property Details

Location Elliot Road is located on the southern side of Embankment Road in close proximity to the district shopping centre and within easy reach of Plymouth City Centre about one mile distant.

DescriptionA substantial bay fronted house with a vacant ground fl oor fl at and two tenanted fi rst fl oor fl ats, namely a front fl at let at a rent of £64 per week and a rear fl at let at a rent of £60 per week both inclusive of water and sewerage charges.

TenureFreehold with part vacant possession.

Accommodation

On the Ground FloorA non self- contained ground fl oor fl at comprising:Living Room, Bedroom, Breakfast Room, Kitchen and Shower Room with W.C.

On the First FloorA front fl oor fl at comprising:Entrance Lobby, Living Room, Bedroom with shower, Kitchen and separate W.C. A rear fl at comprising:Bed/ Sitting Room, Kitchen/ Dining Room andBathroom with W.C. OutsideEnclosed rear courtyard garden

Vendors SolicitorsHine Downing, 8/14 Berkeley Vale, Falmouth, Cornwall TR11 3PA

Tel: 01326 316655 Fax: 01326 313448DX: 8251 Plymouth Reference: Mr.S. Branfi eld


Freehold with part vacant possession

A centrally located investment property arranged

as three fl ats

Potential to generate a good rental income when

fully let

At present ground fl oor fl at vacant but both fi rst

fl oor fl ats let

A spacious property well situated in an established

residential district within easy reach of Plymouth

City Centre

Guide Price £100,000 - £110,000

Lot No.: 4

7, PARR STREETCOXSIDE, PLYMOUTH, DEVON, PL4 0LA

Property Details

Location Parr Street is situated off Sutton Road and Commercial Road in the heart of the rapidly improving Coxside district which is readily accessible for the City Centre less than one mile distant.

DescriptionA two storey double fronted house of considerable age and character in the course of an imaginative renovation scheme to restore it to its former glory including the provision of additional accommodation and features to upgrade it for modern day living and to provide a spacious dwelling well suited for owner occupation or for letting purposes. Completion of renovation including the provision of internal fi ttings remains outstanding.

Accommodation

On the Ground FloorEntrance Hall, Reception Room 1, Reception Room 2, Reception Room 3 and Kitchen (no fi ttings)

On the First FloorLanding, No. 1 Bedroom with ensuite shower room, No. 2 Bedroom, No. 3 Bedroom, Study/ No. 4 Bedroom and Bathroom (no fi ttings)

OutsideEnclosed rear courtyard and garden



Freehold with vacant possession

A substantial double fronted house which has been part renovated with considerable imagination including the construction of a large extension

Well situated in a fast improving and popular central residential district

Well suited for completion of refurbishment to provide a spacious family dwelling of undoubted character for owner occupation or for letting purposes


Gill Akaster, 25 Lockyer Street, Plymouth, PL1 2QWTel: 01752 203500 Fax: 01752 203503

DX: 8284 Plymouth Reference: Joan Moulding

Lot No.: 5

40, VAUXHALL STREETBARBICAN, PLYMOUTH, DEVON, PL4 0ER

Property Details

Location This property occupies a corner site bounded by Vauxhall Street, Basket Ope and The Parade in the historic Barbican district with its wide variety of activities and within easy walking distance of the City Centre.

DescriptionA spacious two bedroomed maisonette in a central residential location well suited for owner occupation or for letting purposes enjoying the benefi t of communal facilities with other apartments in the block.

TenureLong leasehold with vacant possession. Lease believed to be for 125 years with approximately 100 years unexpired at a ground rent of £10 per annum, plus variable service charge.

Accommodation

On the Second FloorEntrance Hall, Living Room and Kitchen On the Third FloorLanding, No. 1 Bedroom (double), No. 2 Bedroom (double), Shower Room with shower and wash hand basin and separate WC with low level suite

OutsideCommunal Courtyard Garden

OutbuildingsLarge Store and communal drying room


Long leasehold with vacant possession

A purpose built self contained two bedroomed

second/ third fl oor maisonette

Enjoying the benefi t of a prime central location

within easy walking distance of the City Centre

and the historic Barbican waterfront

Situated in a well established residential location

popular for both owner occupation or for letting

purposes

This double glazed maisonette benefi ts from

various communal facilities including a pleasant

courtyard garden overlooking The Parade on The

Barbican

Guide Price circa £90,000Vendors Solicitors

Gard & Co, 4 Bretonside, Plymouth, PL4 0BYTelephone: 01752 668246 Fax: 01752 222378

DX: 8253 Plymouth 2 Reference: Natalie Barham

Lot No.: 6

1, BLANCHARD PLACE, BORINGDON HILLCOLEBROOK, PLYMPTON, PLYMOUTH, DEVON, PL7 4DE

Property Details

Location Blanchard Place is located on the western side of Boringdon Hill just to the north of its junction with Golden Square convenient to local shops and other facilities in Colebrook and within easy reach of Plympton Ridgeway district shopping centre less than 1 mile distant. Plymouth City Centre is readily accessible some 5 miles or so away. DescriptionA semi- detached cottage of character occupying an elevated south facing site in a popular and well established residential district which lends itself for refurbishment as a most attractive dwelling with a pleasant and well stocked front garden which is a feature of the property.


Accommodation

On the Ground FloorEntrance Porch, Entrance Lobby, Lounge, Kitchen/ Breakfast Room, rear Entrance Lobby with pantry, and Bathroom with bath, wash hand basin and W.C. low level suite

On the First FloorLanding, No.1 Bedroom (double), No.2 Bedroom (double) and No.3 Bedroom (single)

OutsideGood sized front garden and small enclosed rear courtyard

OutbuildingsStore and Garden Shed



A three bedroomed semi- detached cottage of considerable age and character but in need of modernisation

Enjoying the benefi t of a pleasant well established garden with south facing aspect and a favoured residential location

Well suited for refurbishment for owner occupation or for letting purposes

Guide Price circa £100,000Vendors Solicitors

Gill Akaster, 25 Lockyer Street, Plymouth, PL1 2QWTel: 01752 203500 Fax: 01752 203503

DX: 8284 Plymouth Reference: Joan Moulding

Lot No.: 7

34, ALFRED ROADFORD, PLYMOUTH, DEVON, PL2 1QB

Property Details

Location This property is located at the end of a cul-de-sac, Alfred Road being situated on the northern side of Alexandra Road in the heart of the popular residential district of Ford and within easy reach of Plymouth City Centre approximately 2 miles distant.

DescriptionA spacious property of undoubted character with principal rooms of generous proportions which readily lends itself for renovation as a superior family dwelling for owner occupation or for letting purposes. The front garden is a feature of the property which also benefi ts from a single garage.


Accommodation

Ground FloorConservatory, Entrance Hall, Lounge, Dining Room, Kitchen, Lobby and Bathroom with bath, wash hand basin and W.C.

First FloorSmall Landing, No 1 Bedroom (double) No 2 Bedroom (double), No 3 Bedroom (single).

OutsideGood sized front garden.

OutbuildingsSingle garage with hard standing providing additional car parking facility.

Vendors SolicitorsNash & Co, Beaumont House, Beaumont Park, Plymouth, PL4 9BD

Tel: 01752 664444 Fax: 01752 667112DX: 8250 Plymouth Reference: Melanie Russell



A substantial three bedroomed house of considerable age and character in need of modernisation.

Situated in a popular and well established residential district.

Well suited for refurbishment as a family dwelling for owner occupation or for letting purposes.

Enjoying the benefi t of a level site with pleasant garden and a single garage.

Guide Price £100,000 - £110,000

Lot No.: 8

50, PRIORY ROADLOWER COMPTON, PLYMOUTH, DEVON, PL3 5EP

Property Details

Location Priory Road is located off Lower Compton Road in the heart of the old village of Lower Compton within easy reach of Plymouth City Centre less than two miles distant.

DescriptionA substantial double fronted property requiring renovation but which lends itself for refurbishment as a small family dwelling with a long rear garden and a garage.


Accommodation

Ground FloorEntrance Hall, Lounge, Kitchen and rear Entrance Lobby.

First FloorLanding, No 1 Bedroom, No 2 Bedroom and Bathroom with bath, wash hand basin and W.C.

OutsideLong rear garden

OutbuildingsLaundry, W.C. , Garden Shed, Fuel Bunker and Garage



A double fronted property of considerable age and character in need of modernisation.

Situated in favoured and well established residential area.

Enjoying the benefi t of gas fi red central heating, a garage and a pleasant garden of good proportions.

Well suited for refurbishment as a small family dwelling for owner occupation or for letting purposes.


Foot Anstey, Salt Quay House, 4 North East Quay, Sutton Harbour, Plymouth, PL4 0BNTel: 01752 675000 Fax: 01752 675500

DX: 118102 Plymouth Reference: Henry Lowson

Lot No.: 9

128, DELAMERE ROADEGGBUCKLAND, PLYMOUTH, DEVON, PL6 5XD

Property Details

Location Delamere Road links Eggbuckland Road to the Forder Valley Road junction with the A.38 Parkway convenient to out of town shopping facilities and within easy reach of Plymouth City Centre approximately 3 miles distant.

DescriptionA double fronted house at the end of a small terrace of four properties occupying a site of generous proportions and although in need of some renovation it readily lends itself for refurbishment as a 3 bedroomed dwelling for owner occupation or for letting purposes with the added benefi t of a garage and a swimming pool.

TenureFreehold with vacant possession

Accommodation

Ground FloorSpacious Living Room, large Kitchen/ Dining Room and rear conservatory

First FloorLanding, No. 1 Bedroom (double), No. 2 Bedroom (small double), No. 3 Bedroom (single), Bathroom with bath, wash hand basin and W.C. low level suite

OutsideGardens to the front and to the rear, the latter being good sized and including a swimming pool

OutbuildingsDetached Single Garage with underbuilt Utility Room.Store

Vendors SolicitorsThompson Leatherdale,61, London Street, Reading, RG1 4PS

Tel: 01189 591773 Fax: 01189 586033DX: 4006 Reading Reference: Nigel Hunt



A three bedroomed house situated in a popular and well established residential district

Enjoying the benefi t of a south facing site of good proportions with a swimming pool, a garage with useful underbuilt utility room and partially installed double glazing

Although in need of some repair and renovation this property is well suited for refurbishment as a family dwelling for owner occupation or for letting purposes

Guide Price £100,000 - £110,000

Lot No.: 10

“THE COTTAGE”, 118 ELBURTON ROADELBURTON, PLYMOUTH, DEVON, PL9 8JB

Property Details

Location This property occupies an elevated site on the southern side of Elburton Road, well placed for local out of town shopping facilities and the Plymstock Broadway district centre with Plymouth City Centre about 4 miles distant.DescriptionA quaint detached cottage style dwelling situated in a sought after residential area which lends itself for renovation or extension or for replacement with a newly built house for which planning permission has been obtained. In particular outline planning consent has been granted for demolition of the existing building and erection of replacement four bedroomed detached dwelling house with integral garage under application No. 10/00005/OUT. Further details and copy of planning consent dated 8th April 2010 available from the Auctioneers.

Accommodation

Ground fl oorSide entrance porch, Living Room and Kitchen

First fl oorLanding, Bedroom, Bathroom and separate W.C.

OutsideEstablished gardens to the front and to the rear

OutbuildingsAttached single garage




A compact detached house of individual style and character occupying a site of generous proportions in a favoured residential location

Well suited for renovation and possible extension to provide a superior residence of character subject to any necessary planning consent being obtained

Alternatively suitable for demolition and replacement with newly built dwelling with planning permission already in place for a four bedroomed detached house with integral garage

Features include a pleasant garden and distant views to Dartmoor, together with gas fi red central heating and double glazing already in situ


Foot Anstey, Salt Quay House, 4 North East Quay, Sutton Harbour, Plymouth, PL4 0BNTel: 01752 675000 Fax: 01752 675500

DX: 118102 Plymouth Reference: Henry Lowson

Lot No.: 11

TAMERTON METHODIST CHURCHFORE STREET, TAMERTON FOLIOT, PLYMOUTH, DEVON, PL5 4NA

Property Details

Location This property is located on the western side of Fore Street just to the south of its junction with Horsham Lane.

DescriptionA detached building of considerable age and character in excess of 100 years old comprising imposing Church with spacious rear hall and ancillary accommodation which is ripe for redevelopment subject to planning permission being obtained for any change of use. The property occupies a relatively level site of generous proportions in the heart of the village of Tamerton Foliot.

Accommodation

Main Chapel (approximately 7.8m x 15.0m)

Rear Hall (approximately 5.87m x 14.2m),

Vestry, Kitchenette, Main Kitchen (approximately 6.27m x 3.0m), Ladies and Gents Cloakrooms with W.C.(one of which provides disabled facilities) rear entrance hall, and Offi ce/ Meeting Room.TenureLong Leasehold with vacant possession. Lease for a term of 455 years from 1718 with no ground rent payable and an absentee freeholder.


Long leasehold with vacant possession

Former church with ancillary accommodation occuping a site of generous proportion

Prominently located in the heart of the village of Tamerton Foliot in a well established and favoured residential district

An imposing building of undoubted character with considerable development potential on change of use subject to the necessary planning consent being obtained


Martineau, 1 Colmore Square, Birmingham B4 6AA Tel: 0870 763 1460 Fax: 0870 763 2001

DX: 721090 Birmingham 43 Reference: Benjamin Smith

Please note: This plan is provided for location identifi cation purposes only. It does not necessarily indicate the precise boundaries of the site and it is not to scale.

Lot No.: 12

“ARMADALE”, TREVANION ROADWADEBRIDGE, CORNWALL, PL27 7NX


An imposing property of undoubted character at present arranged for use as a

residential special needs care home for which it is well equipped.

The original Victorian or Edwardian residence has been extended and much

improved to provide well fi tted and fl exible accommodation capable of adaptation for

a variety of uses.

Located in the heart of Wadebridge and well suited for a variety of purposes subject

to planning consent for change of use being obtained where necessary.

Enjoying the benefi t of a prominent site with pleasant garden and car parking facility

for several cars.

Potential for conversion for residential use as a single dwelling or as apartments

subject to planning permission being granted.

Guide Price £300,000 - £325,000Joint Agents Shobrook & Co Ltdand Monk & Partners

Vendors SolicitorsHooper & Wollen, 30 The Terrace, Torquay, TQ1 1BS

Tel: 01803 521692 Fax: 01803 296871DX: 59204 Torquay 2 Reference: Janet Rallison

Property Details

Location

Armadale fronts Trevanion Road adjoining the offices of

North Cornwall District Council and within easy reach of

the centre of Wadebridge.

Description

A substantial semi-detached property which is currently

arranged as a residential care home with appropriate

facilities and ancillary accommodation. The building is

well appointed for its previous use and fittings include

a comprehensive fire safety system, gas fired central

heating and wash hand basins in all principal bedrooms.

There is a high proportion of bathrooms or shower rooms

to bedrooms and facilities are disabled friendly. Car

parking on site is available for several cars.

Tenure


Accommodation

Ground Floor

Outer Entrance Hall, Inner Hall, Reception Room 1, Box

Room / Store Room, Cloakroom with W.C., Reception

Room 2, Laundry / Utility Room, Kitchen (with range

of fittings), Bedroom 1, Bedroom 2, Bedroom 3 and

Disabled Shower Room with W.C.

First Floor

Outer Landing, Inner Landing, Bedroom 4, Store / Linen

Cupboard, Bathroom with W.C., Store / Linen Cupboard,

Bedroom 5, Bedroom 6, Rear Lobby, Bedroom 7,

Bathroom with W.C.

Second Floor

Outer Landing, Inner Landing, Bedroom 8, Shower Room

with W.C. and Boiler Room with 2 boilers supplying

central heating and hot water.

Outside

Established gardens and car parking for several cars.

Lot No.: 12Continued...

For illustrative purposes only and not necessarily correct in every detail. NOT TO SCALE Prospective purchasers should satisfy themselves as to the actual layout by personal inspection. This plan is provided for location identification purposes only. It does not necessarily indicate the precise boundaries of the site.

Ground Floor First Floor Second Floor

Guide Price £300,000 - £325,000

Lot No.: 13

26, WESTERN COLLEGE ROADMANNAMEAD, PLYMOUTH, DEVON, PL4 7AG

Property Details

Location Western College Road is situated off Townshend Hill at the northern end of Mutley Plain and within easy reach of the City Centre and the main campus of the University not more than one mile distant.

DescriptionA substantial period property of character in a favoured residential district well suited for owner occupation or for letting purposes as a superior investment proposition and offering fl exible accommodation with a variety of potential uses once renovated and subject to any planning consent being obtained where necessary.


Accommodation

Ground FloorVestibule Entrance, Entrance Hall, Front Room, Rear Room, Tenement Room, No1. Kitchen, and Bathroom with W.C.

Lower Ground FloorLower Hall, No. 1 Cloakroom with W.C, Front Room, Rear Room, Tenement Room, Lobby and No2 Cloakroom with W.C.

First FloorLanding, Front Room, Rear Room, Tenement Room, No2. Kitchen, No. 1 Shower Room with W.C. and No 2 Shower Room with W.C.

OutsideSmall front garden and larger enclosed rear garden.

Vendors SolicitorsAnthony C Carter, 38 Mannamead Road, Plymouth, PL4 7AF

Tel: 01752 255000 Fax: 01752 254044DX: 120172 Mutley Plain Reference: Mr A C Carter

Joint Agents Shobrook & Co Ltdand Lang & Co


A spacious residence of considerable character but in need of renovation.

Ideally suited for a refurbishment scheme to enhance and incorporate the many attractive features of the building with a view to developing its undoubted potential.

Enjoying the benefi t of a favoured location in the sought after residential district of Mannamead.

Previously utilised for letting purposes being situated in a prime letting area and capable of generating a substantial rental income when fully let.

Also well suited for refurbishment as a good sized single family dwelling.

Guide Price Circa £175,000

Lot No.: 14

“WATERLOO HOUSE”, 10 PROVIDENCE PLACESTOKE, PLYMOUTH, DEVON, PL1 5QS

Property Details

Location This property is located near the junction of Fitzroy Road and Paradise Road in close proximity to City College Plymouth and the Brickfi elds Recreational Ground with Plymouth City Centre readily accessible about one mile distant.

DescriptionAn imposing period property of undoubted character which still retains many original features and which lends itself for renovation as a spacious three bedroomed family residence enjoying the benefi t of a pleasant level site in a favoured residential location with garden and garage. TenureFreehold with vacant possession

Accommodation

On the Ground FloorVestibule Entrance, Entrance Hall, No.1 Reception Room, No.2 Reception Room,No.3 Reception Room, No.4 Reception Room, Kitchen and Rear Conservatory

On the First FloorLanding, No.1 Bedroom (double), No.2 Bedroom (double), No.3 Bedroom (double) and Bathroom with bath, wash hand basin, bidet and W.C.

OutsideSmall front garden and enclosed rear garden in two portions either side of a single garage.

OutbuildingsW.C., store and single garage



An imposing detached double fronted house of great character

Although in need of renovation this substantial Victorian property readily lends itself for a sympathetic refurbishment scheme to enhance and incorporate the many attractive features of the building and the setting

Enjoying the benefi t of a level site, a pleasant garden, a garage and principal rooms of generous proportions

Well situated in a favoured residential location within easy reach of Plymouth City Centre

Undoubted potential once restored to provide a superior residence well suited for family occupation


Wolferstans, Deptford Chambers, 60/66 North Hill, Plymouth, PL4 8EPTel: 01752 663295 Fax: 01752 250589

DX: 8206 Plymouth1 Reference: Sue Williams

Lot No.: 15

18 and 19 THE QUAYORESTON, PLYMOUTH, DEVON, PL9 7NE

Property DetailsLocation These properties are prominently situated facing the waterfront in the heart of Oreston overlooking the village green and the Cattewater, readily accessible for all local facilities. Plymstock Broadway district shopping centre and other out of town shopping facilities are within easy reach, and Plymouth City Centre is only some 4 miles or so distant.

DescriptionA rare opportunity to acquire two adjoining properties of undoubted character but now in need of renovation to provide two superior dwellings in a sought after residential location with alternative development potential subject to the necessary planning consent being obtained.

TenureFreehold with vacant possession

AccommodationNo. 18 THE QUAYGround FloorVestibule Entrance, Sitting Room, Dining Room, Inner Lobby, Box Room (suitable for conversion to cloakroom), Kitchen/ Breakfast Room, Utility Room, Inner Hall, Integral Garage/ Store approx 26’8” (8.2m) x 7’5” (2.3m)First Floor (with 2 staircases)Landing, No.1 Bedroom, No.2 Bedroom, Bathroom with bath, wash hand basin, separate shower cubicle and W.C., No.3 Bedroom with ensuite Bathroom with bath, wash hand basin and W.C.OutsideRear GardenNo. 19 THE QUAYGround FloorEntrance Hall, Front Room, Rear Room, rear lobby and Tenement Room (previously kitchen)First FloorLanding, No.1 Bedroom, No.2 Bedroom, No.3 Bedroom, Box Room, Tenement Room and Bathroom (no fi ttings)OutsideRear gardenOutbuildingsStore and obsolete W.C.



Two imposing and adjoining period properties, one in need of some refurbishment and the other requiring extensive renovation

Each enjoying the benefi t of panoramic views over the Cattewater, a pleasant rear garden and spacious garage for one of the properties

Well situated on the waterfront in the heart of the historic part of the village of Oreston

Well suited for renovation to provide two substantial family dwellings of character for owner occupation or for letting purposes

Alternatively providing a redevelopment opportunity subject to the necessary planning permission being obtained

To be offered initially as a single lot or thereafter individually as two separate lots

Guide Price: 18 and 19 £280,000 - £300,00018 only £165,000 - £175,000, 19 only £120,000 - £135,000

Vendors SolicitorsNash & Co., Beaumont House, Beaumont Park, Plymouth, PL4 9BD

Tel: 01752 664444 Fax: 01752 667112DX: 8250 Plymouth Reference: Lesley Middleton

NOTICES TO PROSPECTIVE BUYERS

These notes, the Particulars of Sale and the General Conditions of Sale printed in this catalogue and the Special Conditions (obtainable separately from the Auctioneers or the Vendor’s legal advisers) should be read carefully by you and your professional advisers. The Particulars of Sale have been compiled using information provided by the Vendor and the Vendor’s legal advisers. You are strongly advised to take independent legal and other appropriate advice.

1. ParticularsofSale

1.1 You are advised to check the Particulars of Sale to ensure you are satisfied as to the accuracy of all measurements, areas, details of leases and all other matters subject to which the properties are sold or have the benefit of. All measurements and areas referred to in the Particulars of Sale are approximate only. You should also check whether any contents and fixtures or fittings expressed to be included in the sale are the property of the vendor concerned. The property should be inspected by you and all necessary enquiries made by you or your representatives with the Auctioneers, the Vendor and the Vendor’s professional advisers. You should also make all necessary searches and enquiries of appropriate authorities.

1.2 You will be deemed to have inspected the relevant property and to have all necessary and appropriate enquiries and searches.

1.3 All statements made in the Particulars of Sale or otherwise (save for any statements made in writing by the Vendor’s Solicitors) relating to any property are made with out responsibility on the part of the Auctioneers or the Vendor. Neither the Auctioneers nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to any property. No such statement may be relied upon as a statement or representation of fact.

2. PlansandPhotographs

2.1 All location plans shown in this catalogue are to enable you to locate the property only. The plans are photographically reproduced and therefore not to scale and are not intended to depict the interest to be disposed of. Such plans are expressly excluded from the Contract of Sale.

2.2 Any arrows on photographs or plans in this catalogue are to enable you to locate the property and are not intended to depict the interest or extent thereof to be disposed of.

2.3 No warranty or undertaking is given as to the accuracy of the photographs in this catalogue indicating the property proposed to be sold.

2.4 No warranty or undertaking is given that the photograph of the relevant property shows or refers to any of the occupiers of the property or whether any of the occupiers are trading or whether any tenant is in actual occupation or the state or condition of such property.

2.5 You must rely on inspection of the property concerned and the Special Conditions (obtainable from the Auctioneer or Vendor’s legal representatives) as to the full description and extent of the area of the relevant property to be sold.

2.6 The site and location plans in this catalogue are reproduced from the Ordnance Survey Map with the permission of the Controller of Her Majesty’s Stationery Office, Crown Copyright reserved.

3. Inspection

You should contact the Auctioneers to make arrangements to inspect properties.

4. Structure,ContaminationandEquipment

4.1 You should consult your professional advisers with regard to the condition of the structure of the property to be sold and any possible contamination or pollution affecting it. Any full structural and environmental survey should be carried out by a professionally qualified person.

4.2 No representation, warranty or undertaking whatsoever is made or intended to be made in respect of:

a) The state of the structure of any property or any fixtures, fittings or other items expressed to be included in the sale of the property.

b) The type of structure or whether such structure is adequate or properly constructed or otherwise whatsoever in relation to the state of repair or the suitability of such structure or the fixtures, fittings or other equipment thereon.

c) Whether or not there is any contamination or pollution in relation to the property to be sold or any property in the neighbourhood.

d) Whether or not it complies with the legislation relating to the environment or contamination, pollution or dangerous or potentially dangerous substances.

5. ConditionsofSale

5.1 Your attention is drawn to the General Conditions of Sale and the Special Conditions, the latter being obtainable separately from the Auctioneers or the Vendor’s legal advisers.

5.2 There may be additions or amendments to the Particulars of Sale or Special Conditions. An addendum relating to any such additions or amendments will be available at the auction. The addendum will be attached to the sale contract and form part of the Contract for Sale. The addendum may have to be signed on your behalf.

5.3 You will be deemed to have read and considered the Particulars of Sale, the Special Conditions and any addendum and have full knowledge of these and all documents and other matters referred to.

5.4 You are strongly advised to consult your legal advisers in respect of the matters referred to in this paragraph.

6. LiabilityofBidder

6.1 Each bidder will be deemed to be personally liable on making an accepted bid even though he purports to act as an agent for a principal purchaser or purports to sign the Memorandum of Contract in a representative capacity.

6.2 The bidder and the bidder’s principal will be jointly and severally liable under the Contract of Sale.

7. PriorSales

7.1 Please contact the Auctioneers during the 3 days before the auction to enquire whether a particular Lot will be offered for sale at auction or whether it has been withdrawn or sold.

7.2 Neither the Auctioneers nor the Vendor are responsible for any losses or abortive costs incurred by you in respect of Lots which are either withdrawn or sold prior to the auction.

8. EstimatedPricesandRents-InformationRelatingtoTenant

8.1 Any estimates or suggestions given by the Auctioneers to you relating to the price at which a property will or may be sold or which you should bid for such property should not be accepted by you as a valuation. Any sum will only be accepted as an estimate of the price the Auctioneers consider the property may be sold for. Any estimates or suggestions given by the Auctioneers to you relating to the current or future open market rental for the whole or part of any property must not be accepted as valuations but only as estimates.

8.2 The Auctioneers have not carried out full valuations on any of the properties to be sold.

8.3 You should satisfy yourself by referring to your own professional advisers to estalish that any estimates or suggestions given by the Auctioneers as to the expected purchase price or current or future rental value of properties are accurate.

8.4 The Auctioneers and the respective Vendors accept no responsibility for any loss, damage, costs or expenses incurred or suffered by you as a result of acting on any such estimates or suggestions.

8.5 Any financial or other information contained in this catalogue relating to tenants or other occupiers of property to be sold or as to the ownership of any tenants or occupiers is, unless otherwise stated, obtained from the Companies Registry files open to inspection by the general public or from the last published report and accounts of the tenant or the tenant’s holding company. Please note, however, that circumstances may have changed since the relevant returns were filed at the Companies Registry or since the publication of the tenant’s or tenant’s Holding Company’s last report and accounts. No warranty, representation or undertaking whatsoever is given that such information is accurate in all respects as at the date of the sale of the relevant property. You should make your own enquiries.

9. SaleofProperty

9.1 A legally enforceable Contract of Sale of the relevant property is created on the fall of the hammer.

9.2 On a property being sold, the successful bidder will be given a Purchaser’s Slip by the Auctioneers. The bidder must complete the Purchaser’s Slip with the required information immediately, failing which the Auctioneers will be entitled to resubmit the property for sale and may treat the bidder and the Purchaser as being in breach of contract. Resubmission of the property for the sale will be taken without prejudice to any claim there may be against the bidder and the Purchaser for breach of contract.

9.3 The Auctioneers will prepare a Memorandum of Contract in the form appearing in this catalogue. Before the end of the auction, the successful bidder should arrange for such Memorandum of Contract to be signed by or on behalf of the Purchaser. This will be exchanged for a part signed by the Auctioneers on behalf of the Vendor.

9.4 Unless otherwise stated in the Special Conditions, the property will be at the Purchaser’s risk on being sold at the auction. The Purchaser should therefore make his own arrangements for insurance immediately.

10. DepositandIdentification

10.1 A deposit of 10% of the purchase price, with a minimum of £1,000.00 will be payable on the relevant property being knocked down. This provision may be amended by the Special Conditions which the Purchaser should check.

10.2 The deposit should be handed to the Auctioneer’s Clerk when the Purchaser’s Slip has been completed.

10.3 A separate deposit will be requested in respect of each Lot purchased.

10.4 Unless otherwise specified, cheques will be accepted. Cheques must be drawn on a bank or branch of a bank in the United Kingdom. Any other cheques may be rejected.

10.5 Successful bidders may be asked for some form of identification. You are therefore advised to attend with a driving licence, passport or other form of identification.

11. ProxyBids

Arrangements can be made not less than 3 days before the auction to make a Proxy Bid. A duly completed Proxy Bid Authorisation Form should be lodged with the Auctioneers not less than 3 days before the auction.

GENERAL CONDITIONS OF SALE

1. DEFINITIONS1.1 The Auctioneers. Shobrook & Co Ltd, Reg Office 20 Western Approach,

PlymouthPL11TG,Co.No:4470622andwhererelevantthejointauctioneersreferredtointheParticularsoftheSaleandthepersonorpersonsforthetimebeingauthorisedbytheAuctioneerstohavetheconductoftheAuction.

1.2 TheBidder.ThepersontowhomthePropertyisknockeddownandsoldbytheAuctioneersandwhoactuallybidsfortheProperty.

1.3 Completion.CompletionofthesaleorotherdispositionofthePropertyin accordancewiththeseandtheSpecialConditions.1.4 Included Items. All fixtures fittings (except tenant’s fixtures andfittings)

and where relevant and applicable any other furniture, furnishings, plantmachinery,pipes,wiresorotherconductingmediaoranyotherequipmentoritemsexpressedtobeincludedinthesale.

1.5 Property.ThepropertydescribedintheMemorandumofContractandtherelevantSpecialConditionswhichthePurchaserhasagreedtopurchase.

1.6 ParticularsofSale.TheParticularsofSalerelatingtothePropertysetoutintheauctioncataloguerelatingtotheProperty.

1.7 The Purchaser. The person firm or corporation referred to in theMemorandumofContractattachedtotheseconditionsrelatingtotherelevantproperty.

1.8 The Special Conditions. The special conditions relating to the relevantpropertyincludinganytermsandconditionsrelatingtothePropertyreferredto inanyaddendumorattachment to theseconditionsmadeavailable forinspectionbytheAuctioneersorotherwiseasreferredto intheseGeneralConditionsortheSpecialConditions.

1.9 TheVendor.ThepersonfirmorcorporationreferredtoastheVendorintheSpecialConditionsorthememorandumofsaleattachedtotheseconditionsrelatingtotherelevantproperty.

1.10 VAT.ValueAddedTax.1.11 WithoutPrejudicetoanythingcontainedintheseconditionsandtheSpecial

Conditionswheretheexpression‘thePurchaser’shallincludemorethanoneperson firmor corporation the agreements on their part shall be deemedto be joint and several. Where 2 ormore persons, firmsor corporationsarepartiestotheagreementincorporatingtheseconditions,theirobligationsshallbejointandseveral.

1.12 Anyreferencetoanystatutoryprovisionsshallbedeemedtorelatetoany statutoryre-enactmentoramendmentthereof.

2. CONDITIONSAPPLICABLE2.1 The Property is sold subject to and with the benefit of these General

Conditions and the Special Conditions and the conditions known as theNationalConditionsofSale(20thEdition)exceptthat:

2.1.1 Conditions3,4,5(5),12(1),15(2),15(3),17,21(2),21(3)thereofshallnotapplyandthewords‘andnobidshallbewithdrawn’shallbeaddedattheendofCondition1(3).

2.1.2 Condition7(1)shallbereadasthoughthewords‘remainderofhis’hasbeendeleted.

2.1.3 TheprovisotoCondition7(1)shallnothaveeffectandifthepurchaseisnot completedonthecompletiondatereferredtothen(subjecttotheprovisions

of paragraph (2) of the said condition) theVendor shall be entitled to bepaidbothinterestandtoreceiveanyincomefromtheProperty.Ifinterestbecomes payable in accordance with Condition 7 and the Vendor is inoccupationofthePropertytheVendorshallinnocasebeobligedtopayanyoccupationalrentinrespectthereof.

2.1.4 Thewords‘ortobeofferedforsaleifbiddinghadnotyetcommencedforthesaleofthesaidlot’beaddedattheendofCondition1(4).

2.1.5 The prescribed rate of interest shall be 5% per annum above NationalWestminsterBankPlcbaserateforthetimebeingwithaminimumof15%.AnyinterestpayablehereundershallnotcompriseyearlyinterestandshallthereforenotbesubjecttoSection349oftheIncome&CorporationTaxesAct1988andshallbepaidtotheVendorsgrossandwithoutdeductionofanytax.

2.1.6 The words ‘notwithstanding that the Vendor may not have been lawfullyentitled to allow the Purchaser into occupation of the Property prior tocompletion’shallbeaddedattheendofCondition8(1)(ii).

2.1.7 WherethePurchaserisallowedintooccupationpriortocompletionforanypurposetheprovisionsofNationalConditions8(1),8(2),&8(3)(asvariedabove)shallapplyandinadditiontheretothePurchasershalluponrescissionorupontherefusalofanylandlordtogranttotheVendororthePurchaserany licencerequiredbythePurchaserforthwithuponwrittenrequestfromtheVendorortheVendor’ssolicitorsremoveanyinstallationsmadebythePurchaserandreinstatethePropertytoasgoodastateofrepairandconditionasitwasinimmediatelybeforethePurchasertookoccupationthereof.

2.1.8 Condition16(2)and21(2)shallnothaveeffect.2.1.9 Condition 6(1)(2) and (3) shall be replaced by the following words

‘Apportionmentshallbemadeasfromthedateofactualcompletion’.2.1.10 Condition22(2)‘11workingdays’shallbesubstitutedfor‘16workingdays’.2.1.11 The words ‘unless the court otherwise direct’ in Condition 22(3) shall be

deleted.2.1.12 For the purposes of National Condition 22 the Vendor and the Purchaser

herbyagreethattheVendorshallbedeemedtobeincontrolofalldocumentsnecessarytoprocurethetransferofthetitletothePropertytothePurchaserandtobereadywillingandabletocompletethisContractnotwithstandingthattheVendormaybeacontractingPurchaseroftheProperty.

2.2 IntheeventofanyconflictbetweentheNationalConditionsofSaleandtheGeneral Conditions, theGeneral Conditions shall prevail. In the event ofanyconflictbetweentheNationalConditions,theGeneralConditionsandtheSpecialConditions,theSpecialConditionsshallprevail.

2.3 A copy of the National Conditionsmay be inspected at the offices of theAuctioneersorthesolicitorsfortheVendoronanybusinessdayduringusualbusinesshoursondueappointmentbeingmadeandinthesaleroomator

immediatelybeforetheauctionandthePurchasershallbedeemedtohavefullknowledgeofalltheprovisionsoftheseConditions.

3. SALECONTRACT,INSURANCELIABILITIESOFTHEBIDDER3.1 Theknockingdownandsaleof theProperty to theBidderand/ordelivery

of amemorandumof contract for the Property signed for or on behalf ofthePurchaserwithcash,achequeordraftinrespectofthedepositfortheProperty shall constitute a warranty and undertaking by the Bidder, thePurchaserandthepersons(ifany)signingonbehalfofthePurchaser:

3.1.1 ThattheBidder(ifany)orotherpersonsosigningonbehalfofthePurchaserhastheexpressauthoritysotosignandtobindthePurchaser.

3.1.2 Thatsuchchequeordraftwillbepaidonfirstpresentationand thatsuchpaymentwillbemadewithinnotmorethan5daysafterpresentation.

3.1.3 Thatsuchdeliveryisunconditional.3.2 Thetermsandprovisionsoftheseconditionsofsaleshallremaininfullforce

andeffectasfarastheyremaintobeperformedandobservednotwithstandingthatcompletionhastakenplace.

3.3.1 Subjecttoclause3.3.2onconsiderationoftheAuctioneersandtheVendorentering into thiscontractat therequestof theBidderandthePurchaser,thePurchaserandtheBidderforthePropertyattheauctionshallbedeemedtobepersonallyresponsibleandshallobserveandperformthetermsofthiscontractonmakinganacceptablebideven though theBidderpurports toactasagentforaprincipalanddespitepurportingtosignaMemoranduminarepresentativecapacitysothatliabilityshallbejointandseveralprovidedthatthetermsofthisclauseshallnotapplywheretheAuctioneersoranypartneroremployeeoftheAuctioneersaretheBidder.

3.3.2 IfthePurchasershallbeacompanythen:(a) ThecontracttopurchasetherelevantLotshallbedeemedtobeenteredinto

attherequestofthesuccessfulBidder(‘theGuarantor’).(b) TheGuarantorwarrantsthatthePurchaserisaproperlyconstitutedcompany

ofgoodstandingandempoweredtopurchaseanyestateorinterestinlandintheUnitedKingdomandthattheGuarantorhasbeendulyauthorisedbythePurchasertopurchasetheProperty.

(c) TheGuarantorguaranteestotheVendor(aswitnessedbythesignatureoftheGuarantorontheMemorandumofContractwhichtheGuarantorshallbedeemedtohavesignedasagentforthePurchaserandastheGuarantorofthePurchaser)asfollows:

(i) That the Guarantor shall within 5 working days of any request thereforeprovidetheVendor’sSolicitorssuchevidenceastheymayreasonablyrequiretoverifythewarrantiesgivenbytheGuarantor.

(ii) That the Purchaser will observe and perform its obligations under thiscontracttopurchasethePropertyandtheGuarantorwillmakegoodtoandkeeptheVendorindemnifiedinrespectofalllosses,actions,costs,damagesandexpensesoftheVendorarisingbyvirtueofanybreachbythePurchaserofsuchobligationsandtheGuarantor’s liabilities to the Vendor hereundershallnotbereleasedbyanyneglectorforbearanceonthepartoftheVendorin enforcing or giving time to the Purchaser for the performance of thePurchaser’scontracttopurchasesuchLot.

(iii) That ifanyliquidatorofthePurchasershalldisclaimthiscontractthentheVendormaywithin 28 days from the date of such disclaimer give to theGuarantor 14 days written notice requiring the Guarantor to accept anassurance of the Property and theGuarantor shall accept such assuranceupon the same terms (mutatismutandis) as this contract (as if any suchliquidatorhadnotdisclaimedthesame)savethattimeshallbeoftheessenceforthepurposesofthedateforcompletionwhichbeonorbeforetheexpiryofsuch14days’noticeandtheGuarantorshall(inadditiontothepaymentofallsumsduefromthePurchasertotheVendorunderthiscontract)paytotheVendoranyinterestwhichwouldhavebeenpayabletotheVendorbythePurchaserbutforsuchdisclaimer.

3.4 TheVendormayifitwishesmaintaintheinsuranceoftheProperty(unlessit ismaintained by a tenant,mortgagee or other third party) until actualcompletion,inwhichcase:

3.4.1 TheVendorshallnotberesponsibletothePurchaserforanydeficiencyintheamountinsured,orinadequacyoftheriskscovered,andthePurchasermustsatisfyitselfintheserespects,buttheVendorwillattherequestandcostofthePurchaserincreasetheamountinsuredand/ortheriskscovered.

3.4.2 TheVendorwillattherequestandcostofthePurchaserincreasetheamountinsuredand/ortheriskscovered.

3.4.3 TheVendorwill,ifsorequested,supplytothePurchaser,sufficientdetailsoftheinsuranceoftheProperty,butthePurchasermaymakeenquiriesdirectwiththeinsurers.

3.4.4 TheVendorwillattherequestandcostofthePurchaserobtainorconsenttoanendorsementofanoticeofthePurchaser’sinterestinthePropertyonthepolicy.

3.4.5 Thepurchaserwillberesponsiblefor,andwillondemand,payorreimbursethepremiumfor insuranceof theProperty for theperiod fromthedateofthisAgreementtothedateofactualcompletion,butthePurchaserwillbecreditedwithanyreimbursementsof thepremiumreceivedbytheVendorfromatenantorotherthirdpartywithrespecttothatperiod.ProvidedthattheVendorneedtakenoactionundertheclause3.4untilthePurchaserhasactuallypaidallamountsdueinrespectofcostsandpremiums.

3.5 ThePurchaserwill ifreasonablerequiredbytheVendorandsubjecttotheconsentoftheinsureracquirethebenefitofallpoliciesofinsuranceinrespectof thePropertywitheffect fromthedateof thisAgreement inwhichcaseclause3.4.1willapply.

3.6 ThePurchaserwillifrequiredprovideallnecessarydetailsandaccuratelyall necessaryproposalformstoenableittoacquirethebenefitoftheinsurances

referredtointhisclause.

4. RESERVE4.1 The reserveprice is theminimumprice forwhich theVendorwill sell the

Property.4.2 Unlessotherwisestatedthesaleissubjecttoareservepriceforeachproperty

andtheVendorandtheAuctioneersreservetherighttobidontheVendor’sownbehalforthroughanagentattheauctionuptothereservepriceonly.

4.3 TheVendororapersononhisbehalfmaybiduptothereserveprice.

5. DEPOSIT5.1 AdepositoftenpercentofthepurchasepriceshallbepaidtotheAuctioneers

asagentsfortheVendor.Aminimumdepositof£1,000shallbepaid.ThedepositisexclusiveofVATandthePurchaserwillpayanyVATattributabletotheDeposit.

5.2 ThedepositmaybepaidbysuchmethodastheAuctioneersshall intheirdiscretionacceptandifrequiredthePurchasershallproducesuchevidenceastheAuctioneersmayreasonablyrequireofhisidentityandcredit-worthinessand if the deposit is paid otherwise than in cash that his instrument ofpaymentwillbehonoured.

5.3 If the instrument of payment of the deposit is not honoured on firstpresentation theVendor shall have theoptionof rescinding the saleorofaffirmingthesaleandiftheVendoraffirmsthesaleeither

(a) theVendormaydeterminethecontractandforfeit thedepositwhichshallremainduetotheVendorandinadditionthePurchaserwillremainliableonhisinstrumentofpaymentor

(b) theVendormayseekperformanceofthesale.

6. STATEOFPROPERTY,REPRESENTATIONSANDEXCLUSIONS6.1 ThePropertyandanyIncludedItems isbelievedandshallbe takentobe

correctlydescribedastoquantityandotherwise.Anyerror,omissionormis-statementfoundintheParticularsoranyconditionsofsaleshallnotannulthesaleorentitlethePurchasertoanycompensationinrespectthereof.

6.2.1 ThePropertyandanyIncludedItemsaresoldintheirpresentstateofrepairandmaintenanceconditionanduserandthePurchaserherebyadmitsthathe/shehasinspectedthePropertyandIncludedItemsandthathe/sheentersintotheContractsolelyasaresultofsuchinspectionandonthebasisofthetermshereofandnotinrelianceofanystatementrepresentationorwarrantymadebyoronbehalfoftheVendororitsagents.

6.2.2 ThePurchasershalltakethePropertyandanyIncludedItemsasitis.6.2.3 TheVendorshallundernocircumstancesbeliableforthestateandcondition

of thePropertyorIncludedItemsor lossordamageor injuryofanykindwhatsoeverarisingfromanydefect,contaminationorpollutioninthePropertyorIncludedItemsandallwarrantiesconditionsandstipulationswhatsoeveronthepartoftheVendorastothestateandconditionofthePropertyorIncludedItemsorastowhetherthereisanycontaminationorpollutioninrespectthereofareherebyexcluded.

6.3 TheonlyrepresentationmadeorintendedtobeimpliedbyorfromthesaidParticularsinrelationtotenanciesisthattheamountsofrentsstatedaretherentsactuallypayablebythetenant.

Norepresentation ismadethatthoserentsarebeingpaidorareproperlypayable.

NorepresentationismadethatanynoticesservedwerevalidinproperformorproperlyservedbytheVendororhispredecessorsinTitle.

TheVendor shall notbe liable tomake compensation for any rents foundtobe improperly increasedornot legallybinding. ThePurchasershallbesatisfied with such evidence or information of the terms of the tenancies as theVendorcansupplywhethersuchhavebeenreducedtowritingornot.

6.4 The Purchaser and the Bidder will satisfy themselves before signing thecontract as to the correctness of all rents, business or otherwise and asto whether the same are properly payable under or by virtue of currentlegislationandstatutoryinstrumentsmadethereunder.

6.5 Noobjections,requisitionsorenquiryshallbemadebythePurchaserwhetherornothe/shehasmadesuchenquiriesasto

6.5.1 thecorrectnessorotherwiseofsuchrentalsoranyofthem;or6.5.2 whether thesamearenow lawfully recoverableeither inwholeor inpart.

The Purchaser shall not be entitled to refuse to complete or to demandcompensationordamagesorinanywaymakeanyclaimorcounterclaimorobtaincompensationonaccountofanyofthesematters.

6.6 Nothing shall be incorporated in any sale either collaterally or directly orindirectlyastowhether,inthecaseofpropertysoldsubjecttoanytenancyor tenancies, there are subsisting any sub-tenancies or similar suchoccupations.

6.7 Whether or not any such shall be disclosed at or before the Auction thePurchasershallbedeemedtopurchasewithfullknowledgeofanysuchsub-tenancyorsub-tenanciesoroccupationsthattheremaybewhetherornotthePurchasershallhaveenquiredoftheAuctioneersortheVendororhaveinspectedthePropertyandnoobjectionshallbetakenorrequisitionmadeonaccountthereof.

6.8 NotwithstandinganythingintheseconditionsorintheParticularscontainedor referred tono representation,warrantyor condition, either collaterally,directlyorindirectly,shallbemadeorimpliedwhatsoever

6.8.1 as to whether the Property is subject to any resolutions, schemes,developmentorders,improvementplans,improvementnoticesorschemes,sanitarynoticesor intimationnoticesorproposalsunder theHousingActsor

6.8.2 astowhetherthePropertyisinanareawhereredevelopmentisproposedor is subject to a roadwidening proposal or schemeor any othermatterwhatsoever.

6.9 The Purchaser shall be deemed to purchase in all respects subject to themattersreferredtoinclause6.8whetherornothe/shemakesanyenquiry.NeithertheVendornortheAuctioneersshallberequiredorboundtoinformthePurchaserofanyofthesaidmatterswhetherknowntothemornotandthePurchasershallraisenoenquiry,requisitionorobjectionthereonoranysuchmattersasaforesaid.

NeithertheVendornortheAuctioneersshallbeinanywayliableinrespectof suchmattersor failure todisclose thesame itbeingsolely thedutyofthePurchasertosatisfyhimself/herselfathis/herownriskinrespectoftheabovematters.

6.10 WithoutprejudicetothetermsoftheseconditionsandanyrelevantlegislationrelatingtheretothePropertyissoldsubjecttoand(whereappropriate)withthe benefit of:

6.10.1 all local land charges (whether registered or not before the date of thisagreement)andallmatterscapableofregistrationaslocallandchargesorotherwiseregister able by any competent authoritypursuanttostatuteorlikeinstrument.

6.10.2 Allnoticesservedanyordersdemandsproposalsorrequirementsmadebyanylocalorotherpublicorcompetentauthoritywhetherbeforeorafterthedateofthiscontract.

6.10.3 All actual or proposed charges, notices, orders, restrictions, agreements,conditionsorothermattersincludingTown&CountryPlanningActs.

6.10.4 Allrightsofway,water,light,airandotherrightseasementsquasieasements,liabilitiesandotherpublicrightswhatsoeverandtoanyliabilitytorepairorcontribute to the repairof roadways,passages,sewers,drains, fencesorotherlikemattersandtoallincumbrancesofwhatevernature.

6.10.5 Anyactualorproposedorder,directionnotice,charge,agreementorothermatterarisingundertheTownandCountryPlanningAct1990,thePlanning(Hazardous Substances) Act 1990, the Planning (Listed Buildings andConservationAreas)Act1990andthePlanning(ConsequentialProvisions)Act 1990 and any other legislation or constraint of planning law whetherthe same be registered in the records of any competent authority or notandon thebasis that the Purchaser shall bedeemed tohaveestablishedand satisfied itself in all respects as to past and present permitted uses of thePropertyandeachpart thereofandanyother relevant informationonplanningandrelatedmatters.

6.11 No representation is made:6.11.1 Thattherentpayableinrespectofanypropertyorpartthereofsoldsubject

toatenancyisproperlychargeableundertheRentorHousingActsorotherstatutesforthetimebeinginforceregulatingthecontrolofrentsor

6.11.2 that the landlordwas entitled to obtain possession at the timewhen anynoticeincreasingrentunderthesaidActsbecameoperative.

6.12 The only representationmadeor intendedor implied is that the amountsreferred to in the Particulars of Sale or the Special Conditions are therespectiverents

actuallyreservedtotheVendorandnoobjectionorrequisitionshallbetakenormadeastoanymatterarisingunderthesaidlegislationoranylegislationforthetimebeingamendingorreplacingthesameoranyotherstatuteorlegislationwhatsoever.

6.13 ThePurchasershallnotbeentitledtorequire6.13.1 particularsofthestandardrentorthelimitofthenetrentorofthefairrentor

thepresentorformerregulatedrentpayableinrespectofthePropertyoranypart.

6.13.2 copiesof statutorynoticesof increaseof rent andnotices toquit (if any)

whichhavebeenserved.6.14 ThePurchasershallraisenoobjectionthatthePropertyhasnotatanytime

beenregisteredwith the localauthorityasdecontrolledandthePurchasershallnotrequireanyparticularswhichunderthesaidActsoranyrulesmadethereunderaretobeinsertedinthetenants’rentbookstobesoinsertednorrequiredtobesuppliedwithanyparticularsforinsertion.

6.15 Inthecaseofaregulatedtenancy,noobjection,requisitionorenquiryshallbe made:

6.15.1 onthegroundsthatthesameisnotafairrent;6.15.2 that the same may exceed the registered rent under the appropriate

legislation;6.15.3 thatthesame(ifapplicable)hasnotbeenregistered;6.15.4 astowhetherornotanoticeofincreaseofrenthasorhasnotbeenvalidly

served;6.15.5 as to whether or not a certificate of disrepair has been obtained by a tenant

authorisingareductionofrent.6.16.1 The Purchaser shall not object to or claim damages or compensation or

rescissiononthegroundsthattheVendorhasnotcompliedwiththetermsofanycounternoticeserveduponorbyatenant.

6.16.2 The Vendor nor the Auctioneers shall be under any duty to acquaint thePurchaserofanysuchmattersreferredtointhisclause,whetherornotthesameareknowntotheVendorortheAuctioneersandthePurchasershallinallrespectssatisfyhimsself/herselfathis/herownriskandwhetherornothedoesso,noclaimshallbemadeorentertainedonthegroundsthatthePurchasershallbedeemedtohavefullknowledgeofallmattersrelatingtothePropertyundertheprovisionsoftheHousingActsorRentActsorotherrelevant legislation and shall raise no objection or requisition whatsoeverthereon.

6.17 It shall be the Purchaser’s responsibility to satisfy himself/herself beforemakingabidastotheaccuracyofthematterscontainedintheParticularsofSale.

6.18 The Purchaser herby admits and confirms that:6.18.1 thePurchaserhasinspectedthePropertyandanyIncludedItems;6.18.2 thePurchaserhasobtainedadviceandinformationwithregardthereto independentlyoftheVendorandtheAuctioneers;6.18.3 for the purposes of the Misrepresentation Act 1967 the Purchaser hereby

confirms that in entering into this Contract the Purchaser is relying on the Purchaser’sown judgementand theadviceof thePurchaser’sprofessionaladvisers and the terms hereof and is in no way influenced by any representationsmadetohimbyoronbehalfoftheVendor.

6.18.4 This agreement constitutes the entire contract between the parties andmay only be varied or modified (whether by way of collateral contract or otherwise)in

writingunderthehandsofthepartiesortheirsolicitors.ThePurchaser acknowledges that, save as for the written statements of the Vendor’s

Solicitors prior to the making of this agreement, the Purchaser has notenteredintothisagreementinreliancewhollyorpartlyonanystatementorrepresentationsmadetohim/her.

7. SALEBYPRIVATETREATY7.1 The Vendor reserves the right to sell any part of the Property by private

treatybeforetheauction.7.2 The Vendor reserves the right to alter or add to the Particulars of Sale

relatingtothePropertyandtheconditionsofsaleatanytimepriortothesale.

8. RIGHTSOFAUCTIONEERS8.1 TheAuctioneersareagentsfortheVendorandwillincertaincircumstances

beentitledtosigntheMemorandumofContractonbehalfofthePurchaserashisagent.

8.2 TheAuctioneersreservetherighttosellinseparatelotsifthewholeofthePropertyisunsoldortosellinonelotwhereindividuallotsareoffered.TheAuctioneersreservetherighttosellpriortoauction.

8.3 TheAuctioneersreservetheright toregulate thebiddingandtorefusetoacceptanybidswithoutassigninganyreasontherefore intheauctioneer’ssoleabsolutediscretion.

Intheeventofanydisputeinrespectofthebiddingorotherconductatthe auction the Auctioneer’s decision shall be final.8.4 The Auctioneers shall be under no financial liability in respect of any matters arisingoutoftheauctionortheParticularsofSaleorintheconditionsofsale.

NoclaimsshallbemadeagainsttheAuctioneersbythePurchaserinrespectofanylossdamageorclaimssufferedbyormadeagainstthePurchaserbyreason of the Purchaser entering the contract to purchase or acquire anyotherinterestintheProperty.

9. LEASEHOLDPROPERTY9.1 ThePurchaserofanyleaseholdpropertyshallwithin3daysofthedateof

thesalecontractoftheProperty,supplytotheVendor’ssolicitorssatisfactoryreferences (being a banker’s reference, solicitor’s reference, accountant’sreference,atleastonetradereferenceandlandlord’sreferenceandanyotherreferencethattheVendorshallreasonablyrequire)toenabletheVendortoapplyforalicencetoassignwherethisisnecessary.

9.2 ThePurchasershall if requiredby theVendorprovideassoonaspossiblesuch further financial and other information relating to the Purchaser as may be reasonably required to enable the Vendor to apply for such licence toassign.

9.3 IfthePurchasershallbereasonablyrequiredbytheVendor,thePurchasershallprocurethattwoindividualpersonsasmaybereasonablyapprovedbytheVendorshallenterintosuchformofwrittenguaranteecontainingsuchprovisionsasshallbereasonablyrequiredbytheVendororanylandlordofthePropertytojointlyandseverallyguaranteeperformanceofthecovenantsobligationsconditionsandagreementsonthepartofthetenantreferredtointherelevantleaseorleasesoftheProperty.

9.4 AnycovenantsthatmaybeimpliedbytheVendorsellingthePropertyshallnotbedeemedtoimplythatanyofthecovenantsonthepartoftheVendorastorenewal,repair,decorationormaintenanceofthePropertyhavebeenobservedandperformed.TheconveyanceortransferofthePropertytothePurchasershallcontainadeclarationtosucheffect.

9.5 ThePurchasershallberesponsibletocomplywithanyscheduleofdilapidationswhichshallbeservedeitherbeforeorafterthecontractdate.

9.6 The Vendor will upon completion (if requested by the Purchaser) at thePurchaser’s expense execute an assignment to the Purchaser of the benefit of any covenant guaranteeing the performance of the lessee’s obligationsunderanyleasesubjecttowhichthePropertyissoldinsofarastheVendorhas the benefit of such covenant.

9.7 ThePurchasershallifreasonablyrequiredbytheVendorenterintoadirectcovenant with the head or other landlord of the Property to comply withthe termsandprovisionsof any lease towhich theProperty is subject orotherwiseasrequiredbysuchlease.

10. RENT & OTHER ARREARS, RENT REVIEWS, SERVICE CHARGES &LEASERENEWALS

10.1 The Purchaser will on completion pay to the Vendor any arrears of rent,service,

maintenance and insurance charges and other amounts including ValueAddedTaxduetotheVendorfromanytenantoroccupierorinrespectofthePropertyoranypartorpartsthereofuptoandincludingthedateofactualcompletionandtheVendorwillattherequestandcostofthePurchaserassigntothePurchasertherighttorecoversucharrearsorothersuchamounts.

10.2 WherethePropertyissoldsubjecttoaleaseunderwhichtherentisduetobereviewedwitheffectfromadatepriortothedateofactualcompletionbutsuchrentreviewhasnotbeenagreedordeterminedpriortothedateoftheactualcompletionthen:

10.2.1 TherentinrespectofsuchpropertyshallbeapportionedoncompletiononthebasisoftheVendor’sreasonableestimateoftherentwhichwillultimatelybeagreedordeterminedinrespectthereof.

10.2.2 ThePurchasershalluseitsbestendeavoursassoonasreasonablypracticableto agree such review rent with the tenant or to procure the same to bedetermined.

10.2.3 ForthwithonsuchagreementordeterminationthePurchasershallnotifytheVendorandshallsupplytheVendorsuchdocumentsorothercorrespondencerelatingtheretoastheVendorshallrequire.

10.2.4 Within15workingdaysofsuchagreementordeterminationtheVendorandthePurchaser(asthecasemaybe)shallpaytotheothertheamountofanyexcessduetotheotherinrespectoftheperiodfromtheduedateforreviewunder the leaseand to thedateof theactualcompletionafter taking intoaccounttheestimatedsumapportionedunderthisclause.

10.2.5 If thePurchasershallbe the lesseeoranyassociatedcompanybyhavingcontrol over the lessee or acting onbehalf of the lessee then the rent tobeapportionedoncompletioninrespectofsuchpropertyshallbethesumnotified for the purposes of these conditions to the Purchaser prior to exchange ofcontractsorifthereshallbenosuchsumsthentheVendor’sreasonableestimateofsuchrentshallbedeemedtobetherentpayablewitheffectfromthedateofreviewandthisclauseshallbeconstruedaccordingly.

10.3 WhereatenantisholdingundertheprotectionoftheLandlordandTenantAct1954theVendorreservestherightatanytimeuptothedateofcompletiontoconcludeandgrantarenewalleasetosuchtenant.IftheVendorisunablebeforethedateofcompletiontoconcludeanysuchrenewalleasethenthefollowingprovisionsshallapply:

10.3.1 the Purchaser shall take over and conduct negotiations with the tenanttowardsagreeingterms for therenewal leaseandshalluseall reasonableendeavourstoconcludesuchagreementattheearliestopportunity;

10.3.2 thePurchasershallnotacceptoragreetoacceptanyrentfortheperiodoranypartthereofcommencingontheearliestdateonwhichtheCourtwouldorderpaymentofaninterimrentundertheprovisionsofSection24(A)ofthesaidActandendingonthedateofcompletionataratelessthanaratetowhichtheVendorhasgivenitspriorwrittenconsent(otherineithercasethanbyanorderof theCourt inwhichrespectthePurchasershalluseallreasonableendeavourstoensurethatanyordermadebytheCourtisforthemaximumrentlawfullyobtainable).

10.3.3 Forthwith upon the grant of any renewal lease (or any other disposal ofanycourtproceedings forarenewal lease including,butwithoutprejudicetothegeneralityoftheforegoing,theterminationofnegotiationsorcourtproceedingsforarenewal lease)thePurchasershallpaytotheVendorthebalanceoftherentpayablefortheperiodstipulatedinClause10.3.2overandabovetherentactuallyrecoverablebytheVendorpriortocompletiontothatperiodoranypartthereof.

10.3.4 ImmediatelyfollowingcompletionwherethetenanthasappliedtotheCourtfor the grant of a new tenancy the Purchaser will apply to the relevantcourttobesubstitutedfortheVendorasarespondentintheactionandthePurchaser hereby agrees to indemnify and keep the Vendor indemnified from andagainstallcosts,claimsandexpensesincurredbeforeorafterthedateofcompletion.

10.4 PriortothedateofactualCompletionthePurchasershalliftheVendorrequiresbeprovidedwithastatement(‘theinitialstatement’)bytheVendororbytheVendor’sManagingAgentscontaininga fairsummaryof theexpensesandoutgoings(‘theExpenses’)incurredorlikelytobeincurredintheperiodfromaparticulardatereferredtointheinitialstatementinrespectoftheProperty(‘thebasedate’)tothedateofactualCompletionintheprovisionoftheitemswhichtheVendor isobligedtoprovideorprovidesbywayofservicesandinrespectofanyothersimilarobligationsandthePurchasershallonactualCompletionpaytotheVendorasumequaltotheamount(ifany)bywhichtheExpensesexceedthetotalofallandanypaymentsonaccountthereforemadepursuant to the tenancydocuments (‘the totaladvancepayments’).Providedalwaysthat:

10.4.1 iftheExpensesarelessthanthetotaladvancepaymentstheVendorshallonactualCompletionmakeanallowancetothePurchaserequaltothedifferencebetweentheExpensesandthetotaladvancepayments

10.4.2 thePurchasershallwithinthreemonthsafterthedateofactualCompletionbe provided with a final statement (‘the final statement’) certified by the VendororbytheVendor’sManagingAgentsandcontainingafairsummaryoftheexpensesandoutgoingsincurred(includinganyexpensesandoutgoingsforwhichliabilityhasbeenincurredbutpaymentnotactuallymade)intheperiodfromthebasedatetothedateofactualCompletionintheprovisionoftheservicechargeitemsandthePurchasershallpaytotheVendorwithinfourteen days after being provided with the final statement a sum equal to the amount (if any) by which the expenses and outgoings shown in the final statement (‘the final expenses’) exceed the Expenses

10.4.3 if the final expenses shall be less than the Expenses the Vendor shall within fourteen days after the Purchaser has been provided within the final statement refund to the Purchaser the difference between the final expenses andtheExpenses.

10.5 InrespectofanyService/MaintenanceAgreementsrelatingtothePropertythefollowingprovisionsshallapply:

10.5.1 theVendorhasenteredintovariousService/MaintenanceAgreements(‘theService Agreements’) and the Purchaser acknowledges that it has beenprovidedwithcopiesofalltheServiceAgreements.

10.5.2 The Vendor will where applicable apply for consent to the assignment tothe Purchaser of the benefit of any of the Service Agreements or otherwise notifysuchcontractorsthatthePurchaserwilloncompletionbetakingthemover and on completion the Vendor will assign the benefit of the Service AgreementstothePurchaser.

10.5.3 The assignment of the Service Agreements shall be prepared by thePurchaser’s Solicitors and shall contain a covenant by the Purchaser withthe Vendor that the Purchaser will as from the Completion Date observeandperformtheVendor’sobligationsundertheServiceAgreementsandwillindemnify and at all times keep the Vendor indemnified against all claims demandsactions liabilitiesdamagescostsexpensesarising fromandaftertheCompletionDateorpursuanttoclause10.5.5hereof

10.5.4 ifconsenttotheassignmentisrefusedorifthePurchaserdoesnotintendto take over the benefit of any of the Service Agreements then the Vendor shallimmediatelyfollowingactualcompletionterminatetherelevantServiceAgreements inaccordancewith theprovisions thereofand theVendorwillprovide to the Purchaser a copy of such Notice or Notices (as the casemaybe)and thePurchaserherebyagrees that in suchcircumstances thePurchaserwillnotenterintoanysimilarAgreementwithanyotherpersonorCompanywhichwillcomeintoeffectpriortothedateofterminationoftherelevantServiceAgreements.

10.5.5 UptothedateofCompletiontheVendorshallmakeallpaymentsdueundertheServiceAgreementsandifontheCompletionDatesuchpaymentshavenotbeenformallydemandedbywayofservicechargefromtheTenantsinaccordancewiththetermsofthetenancydocumentsthenanysuchpaymentsshallbepaidbythePurchasertotheVendoronCompletion.

11. TITLE11.1 ThetenureofthePropertyandtheestateorinterestsoldareasstatedin

theSpecialConditions.11.2 Where the Property is registered at H.M. Land Registry the title shall be

deducedandconsistofacopyoftheentriesatH.M.LandRegistryandtheFiledPlanandauthoritytoinspecttheRegisterwherenecessary.TitleshallbededucedinaccordancewiththeLandRegistrationActs.

11.3 WherethePropertyisnotregisteredatH.M.LandRegistrytitleshallbededucedfromwhicheverofthefollowingarerelevantunderthecircumstances.

11.3.1 TheleaseunderwhichthePropertyisheld.11.3.2 A conveyance or conveyances on sale for value or legal mortgage or

mortgagesdatedat least15yearspriortothedateofcontractandwhichproperly identifies the Property.

11.4 Unless otherwise stated in the Special Conditions the Vendorwill transferthePropertywithfulltitleguaranteeinaccordancewiththeLawofProperty(MiscellaneousProvisions)Act1994.

11.5 The Purchaser shall admit the actual identity of the Property with thatcomprisedinthedocumentsabstractedbytheVendorascontainingthetitletheretowithout requiringany further evidence thereof other than such (ifany)asmaybeaffordedbyacomparisonofthedescriptionsofsuchpropertyintheSpecialConditionsandinsuchdocuments.

ThePurchasershallnotbeentitled to raiseanyobjectionor requisition inrespectofanyinconsistencyintheplansorareasofsuchproperty.

11.6 The Purchaser shall not raise any objection or requisition or enquiry inrespectofanyrights,covenants,obligations,privileges,licencessubsisting,acquiredorbeingacquiredoverorinrespectoftheProperty.TheVendorortheAuctioneersshallbeundernoliabilitytodisclosethesamewhetherornotthesameareknowntothem.

11.7 The Property is sold subject to and with the benefit of:11.7.1 the agreements, rights, exceptions, reservations, restrictions, stipulations,

covenants,declarationsandothermatters(ifany)referredtointhePropertyProprietorship and Charges Register relating to the Property where it isregistered at H.M. Land Registry except charges securing repayment ofindebtednessoftheVendor:

11.7.2 any other matters as are referred to in the Special Conditions and theParticularsof SalerelatingtotheProperty:

details whereof been available for inspection by the Purchaser and thePurchaser shall be deemed to purchase with full knowledge and noticethereofandshallnotraiseanyrequisitionorobjections inrespectthereof.TheassurancetothePurchasershallcontainacovenantbythePurchasertoobserveandperformsuchmattersandindemnifytheVendoragainstallactions,claims,expensesandliabilitiesinrespectthereof.

11.8 The Property is also sold subject to and with the benefit of any leases, tenancy agreements,licences,noticesandothersimilardocumentstoanyleaseholdtitleinthePropertyreferredtointheSpecialConditionsandParticularsofSalerelatingtotheProperty.

Copies of such documents being available for inspection at the offices of the Vendor’s solicitors the Purchaser shall be deemed to have inspected suchdocumentsbeforemakinganofferforthePropertyandshallbedeemedtopurchasewithfullknowledgeandnoticeofthecontentsofsuchdocumentsandshallraisenoobjectionorrequisitioninrespectofthesameorastotheidentity of the tenantsor theamountsof the rent or other sumspayableundersuchdocuments.

TheassurancetothePurchasershallcontainacovenantbythePurchasertoobserveandperformall thecovenants,agreementsandconditionsonthepartoftheVendororitspredecessorsintitlecontainedinsuchdocumentsandtoindemnifytheVendoragainstallactions,claims,expensesandliabilityinrespectthereof.

11.9 If theVendor’s title is in theprocessofbeingregisteredat theH.M.LandRegistrythePurchasershallnotrequiretheVendortocompleteregistrationof the title to the Property prior to completing the sale to the Purchaser.The Vendor will assist the Purchaser in procuring the registration of thePurchaser’sinterest.

11.10 Where relevant the Vendor’s land certificate or charge certificate relating to theProperty will be placed on deposit at the H.M. Land Registry prior tocompletionandthePurchaseror thePurchaser’ssolicitors informedof thedepositnumber.

11.11 ThePurchasershallraisenoobjectionorrequisitionregardingthecontentsortheabsence fromthe titlededucedofany licence toassignorunderletorto make alterations or change of user and /or notice of such assignmentand/orunderlettingordeedofmemorandumofrentreview.ThePurchasershallaccept(savewheretheSpecialConditionsindicateotherwise)thatsuchlicences,noticesofdeedsandmemorandawerelawfullyissued.

11.12 TheVendorreservestherighttoatanytimebeforecompletiontoletgrantanylicencetoassignunderletorotherwisealienatetheleaseofanypartofthePropertyorchangetheuseormakealterationstoanysuchpartineachcasewithoutreferencetothePurchaser.

12. INCLUDEDITEMS12.1 ThePurchasershallsatisfyhimselfastotheownershipofallIncludedItems

before making an offer thereof. Also the Purchaser shall satisfy himselfwhether or not the sameare ownedby theVendor or the tenants of theProperty,orareonhireorhirepurchasefromtherelevantsupplycompany.

Neither theVendor nor theVendor’s solicitors accept any responsibility inrespect of paymentswhich may be outstanding in respect thereof or anyresponsibilityinthematterwhatsoever.

12.2 All fixtures and fittings in the nature of tenants’ trade fixtures and fittings areexcludedfromthesale.

13. PLANNING&BYE-LAWREGULATIONS13.1 Noobjectionor requisitionshallbe raisedas to thepermitteduserof the

PropertyforthepurposesoftheTown&CountryPlanningActsorastoanyothermattersarisingunderthesaidActsoranyrulesorregulationsmadeorarisingthereunderorastowhetherthePropertyorIncludedItemscomplywith all relevant bye-law rules and regulations relating thereto and thePurchasershalltakethePropertyand thesaiditemsasitisunderthesaidActs,rulesandregulationsandmakenorequisitionorobjectioninrespectoftheactualexistinguseofthePropertyortheIncludedItems.

13.2 NothinghereincontainedshallbedeemedtoconstituteanywarrantybytheVendorortheAuctioneersthattheuseofthePropertyoranypartthereofis authorised under the said Planning Acts or any rules or regulations orotherwise for use for any specific purpose.

14. COMPLETION Completionshallbe:14.1 Inthecaseoffreeholdproperty28daysafterthecontractdate.14.2 Inthecaseofleaseholdproperty,thelaterof:14.2.1 28daysaftercontractdateoriflater;14.2.2 thefirstworkingdayaftertheexpirationofthreedaysfromthedateonwhich

theVendorshallhaveobtainedthereversioner’slicenceinaccordancewithNational Condition 11 of the said National Conditions of Sale but withoutprejudice to the Purchaser’s obligations hereunder if reversioner’s licenceshallnothavebeenobtainedwithin3months fromthecontractdate, theVendormayrescindthiscontractonthesametermsasifthePurchaserhadinsistedinanobjectionthetitletowhichtheVendorisunabletoremove.

14.3 If themoneydueon completion is credited to the current account of theVendor’ssolicitorsaftertwelvenoononanydayorwherecompletiontakesplace after twelve noon on any day, then for all the purposes of theseconditionssuchmoneyshallbedeemedtohavebeenreceivedorcompletionshallbedeemedtohavetakenplace(asthecasemaybe)onthefollowingworkingday.

14.4 IfduetothedefaultofthePurchasercompletiondoesnottakeplaceatthedatefixedforcompletion,thePurchasershallpaytheVendor’ssolicitorscostsplusVATforrecalculatingthecompletionstatementandservinganoticetocomplete,andanyothercostsreasonablyincurredduetosuchdefault.

14.5.1 Pending completion theVendor shall beat liberty todealwithallmattersin relation to themanagementof thePropertyand to theperformanceofthelandlord’scovenantsinanyleasewhichthepropertyisexpressedtobesubject.Thisshall includedealingwithrentreviews,renewalsoftenanciesandgrantofnewtenanciesandlicencesforsuchperiod.TheVendorshallbeatlibertytoinstructsurveyors,solicitors,agents,contractorsandothersinconnectionwithsuchmattersandothermattersproperlyarisingbeforetheactualcompletion.ThecostsandexpensesthereofshallbepayablebyorreimbursedbythePurchasertotheVendor.

14.5.2WhereanyNoticeunderSection146oftheLawofPropertyAct1925oranyothernotice relating to thePropertyoruseor condition thereofhasbeenservedinrespectoftheProperty,thePurchasershalltakeoverconductofallmattersarisingoutoftheserviceofsuchNoticeandanyCounterNoticeor other proceedings relating thereto and shall indemnify the Vendor andreimburse theVendorondemandall feesandexpensesproperly incurredin relation thereto,whetherornot suchareultimately recoverableby thePurchaser.

14.6 TheVendorshallbedeemedtobereadyandwillingtofulfiltheoutstandingobligationsunderthecontractnotwithstandingthatanymortgageorchargeorthelikeaffectingthePropertyshallnothavebeenredeemedordischargedwhen any notice is given pursuant to Condition 22(1) of the NationalConditions of Sale (20th Edition) if the aggregate of all sums payable toredeemallsuchmortgagesandtodischargeallsuchcharges(totheextentthattheyaffecttheProperty)doesnotexceedtheprice.

14.7 TheVendorshallnotbe required todeliveranyLandRegistryForm53orApplicationtoWithdrawNoticeofDepositordischargedformofmortgageorchargeuponcompletion.

ThePurchasershallacceptanundertakingfromtheVendor’ssolicitorsintheformrecommendedbytheLawSocietyinrespectthereof.

14.8 Ifcompletionwouldotherwise takeplaceonaSaturday,SundayorpublicholidayundertheprovisionsofthisclausecompletionshalltakeplaceontheworkingdayimmediatelybeforesuchSaturday,Sundayorpublicholiday.

15. TRANSFERORCONVEYANCE The Purchaser shall not be entitled to require the Vendor to convey the

PropertyotherwisethantothePurchaserorbymorethanonetransferorconveyanceand/oratapricegreaterthanthatspecifiedinthisagreement.

16. VAT InadditiontothepurchaseconsiderationthePurchasershalloncompletion

payanyValueAddedTaxthatmaybedueinrespectofsuchconsiderationandinrespectofanyothersumsdueinaccordancewiththisAgreement.TheconsiderationandothersumsshallbeexclusiveofValueAddedTax.

TheVendorwillifrequireddelivertothePurchasersuchevidenceasshallbereasonablyrequiredinrespectofsuchpayment.

17. PROPERTIESOUTSIDEENGLANDANDWALES The General Conditions will only apply to any property situated outside

EnglandandWalessofarastheydonotconflictwithorareconsistentwiththelawsofthecountryorareawherethePropertyissituated.

18. NOTICESTOPROSPECTIVEPURCHASERS The Purchaser and the Bidder shall be deemed to have fully considered

andhave full knowledgeofand tohaveaccepted the items referred to inthe auction catalogue of theAuctioneers and in this catalogue relating tothePropertyheaded ‘Notices to ProspectivePurchasers’whichnoticesareincorporatedintotheseconditions.TheBiddershallbethepersonwhobidsforand towhomtheproperty isknockeddownby theAuctioneersat theauction.

19. CLAUSEHEADINGS Theclauseheadingsshallbedeemedtobeforconvenienceorreferenceonly

andshallnotbeconstruedtobepartoftheseconditionsofsale.

20. SERVICEOFNOTICES20.1 AnynoticesrequiredtobegiventotheVendorunderthetermsofcontract

shall be deemed duly served if delivered by hand or sent by ordinaryregisteredorrecordeddeliveryposttotheVendorortheVendor’ssolicitorsattheaddressreferredtointhesetermsorlastknownaddress.

20.2 AnynoticerequiredtobegivenordocumentsrequiredtobesenthereundershallbedeemeddulydeliveredifdeliveredbyhandorbyordinaryregisteredorrecordeddeliveryposttothePurchaserorthePurchaser’ssolicitorsattheaddressoraddressreferredtohereinorthelastknownaddressasthecasemaybe.

20.3 Suchnoticeordocumentsshallbedeemedtobedeliveredorservedatthetimewhenthesameisdeliveredtosuchaddressorifservedbypostfortyeighthoursafterthetimeofposting.

MEMORANDUMOFCONTRACT LOTNUMBER.........................................................................................................

AgreementDate: ....................................................................................................20.................................

Vendor: ..........................................................................................................................................

Purchaser: ..........................................................................................................................................

Property: ThepropertydescribedintheSpecialConditionsofSalerelatingtotheaboveLotnumber.

Name/AddressofPurchaser’s ..............................................................................................................................

Solicitorsorotherpersontowhom..............................................................................................................................

propertydocumentstobesent ..............................................................................................................................

PurchasePrice: £........................

Deposit: £........................

Balance: £........................

TheVendorwillsellandthePurchaserwillbuythePropertyforthePurchasePriceinaccordancewithandsubjecttotheterms

andconditionsreferredtointheGeneralConditionsofSaletherelevantParticularsofSaleandtheSpecialConditionsofSale

applyingtothePropertyandanyaddenda,SpecialConditionsandotherdocumentsrelatingtothePropertyattachedtothis

agreement.

TheAuctioneers (asdefined in theGeneralConditions ofSale) acknowledge receipt of theDeposit in part paymentof the

purchasePrice.

ThePurchaseragreestopaythebalanceofthePurchasePriceandtocompletethepurchaseinaccordancewiththisagreement

inallrespects.

SignedbyoronbehalfofthePurchaser..................................SignedbyoronbehalfoftheVendor................................

Auctioneers


Auctioneers, Surveyors, Valuers & Estate Agents20 Western Approach, Plymouth. PL1 1TG

Telephone: (01752) 663341 Fax: (01752) 255157

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

Joint Agents With

4 The CrescentPlymouth, PL1 3AB

Tel: 01752 255222Fax: 01752 251100

(Lots 1 & 12)

40 Mannamead Road, Mutley, Plymouth, PL4 7AF

Tel: 01752 256000 Fax: 01752 255322

(Lot 13)

july auction catalogue - shobrooks

Documents

millbay road

elburton road

mannamead road

priory road

elliott road

trevanion road

alfred road

delamere road