Auction Catalogue 21 July

PROPERT YA UCTIONCATA LOGU E

Thursday, 21st July, 2011

BUYER’S PREMIUM

All lots at the Christopher Hall Property Auction Ways to Bid to be held at Northop Country Park on Thursday21st July, 2011 are sold subject to a Buyer’s Premium, the terms and conditions for which are outlined below:

In person -on arrival at the auction venue, allpersons interested in bidding must register at the foyer of the auction and obtain a bidders

All properties are subject to a Buyer’s Premium Proxy bid -a purchaser who can not attend the unless otherwise stated. On acceptance of an auction may instruct in writing a member of offer, the successful buyer shall pay a premium Christopher Hall staff to bid on their behalf of ‚3,000 plus VAT (‚600) under the terms and conditions of the auction. Christopher Hall Property Auctions. This fee is

non refundable and is not considered as part payment of the final negotiated selling price. Hall staff under the relevant terms and

conditions of auction. As an example, if the buyer bids ‚100,000 which is then accepted, the final purchase price is For any proxy or telephone bidders a remote

bidding form must be completed by the bidder and Christopher Hall must be in possession of cleared funds in respect of the deposit if the bidder is successful. Please forms and conditions later in this catalogue.

the above example is therefore, ‚3,600, plus 5% of the purchase price, which is ‚5,000, giving a total of ‚8,600. refuse undesirable bids. The vendor reserves

the right to bid up to the reserve price or authorise the Auctioneer to do so. In the event of any dispute in respect of the auction, the Auctioneer’s decision is final.

Christopher Hall Property Auctions Buyersnd

CHRISTOPHER HALL PROPERTY AUCTIONS – BUYERS PREMIUM CONDITIONS

There are 3 main methods of bidding on the

night of the auction: -in person, proxy bid and telephone bid.

Buyer’s Premium Terms and Conditions paddle.

Telephone bid -the interested bidder may bid over the telephone via a member of Christopher

‚100,000 plus the buyers premium of ‚3,000 plus VAT (‚600) meaning the total of purchase price and buyers premium is ‚103,600.

The amount payable when the hammer falls in

All bids are to be made clearly. The Auctioneer reserves the right to regulate bidding and to

2 Floor, 3 Castle Street. Chester CH1 2DS Premium

AUCTIONEER’S PRE-SALE ANNOUNCEMENT 8. At the fall of the hammer, the successful bidder, will enter into a legally binding contract and will be asked by a

1. All Lots will be offered for Sale in accordance with the runner to attend the Auction contract table. Order of Sale in the catalogue. Lots will be sold on the basis of the Common Auction Conditions, the Special 9. At the Auction table you will be asked for your name, Conditions of Sale and the Buyers Premium Conditions. address and details of your solicitor and for 2 forms of

identification as set out in the catalogue. You will then be 2. An Addendum to Particulars of Sale and Conditions of asked to provide a deposit cheque for 5% of the purchase Sale (if applicable) will be distributed on the day of the price together with the Buyers Premium of ‚3,000 plus Auction. This is an important document providing details VAT. Please note Christopher Hall cannot accept cash of all corrections to the catalogue and in some cases the deposits. Conditions of Sale. Prospective Buyers are deemed to have read the Addendum whether or not they have actively 10. Cheques are only accepted on the basis that there are done so. adequate funds in the account upon which the cheque is

drawn. Our clients reserve their rights to take any action 3. Where possible Special Conditions of Sale, which are specific to individual Lots, and Title Documentation will be honoured on first presentation. made available for inspection at the Mold offices of Christopher Hall Property Auctions 14 days prior to the 11I. All cheques to be made payable to Christopher Hall.Auction. Any Special Conditions will be attached to the

12. The buyer is responsible for insuring the property from the date of exchange.

www.christopherhallpropertyautions.co.uk/auctioncatalogue

4. During the Auction, the Auctioneer will not deal with the purchaser money is due within 28 days after the any questions. We are selling on the basis that prospective Auction unless the conditions of sale state otherwise. buyers have made all their inspections, surveys and legal enquiries. This is particularly important in respect of Lots which we have not inspected, or if we have not had sight of any tenancy agreements. Prospective buyers must had read the Notices within the catalogue and Common Auction Conditions and fully understand their content.

the day of the Auction.

Lots please ask a Christopher Hall representative who will attempt to answer your question.

with the permission of the Vendor.

approximate only and should not be interpreted as an asking price, reserve price or value. Each Guide Price is subject to contract.

7. Once the Auction commences please bid clearly and without delay. Please remember, it is your responsibility to attract the Auctioneer’s Attention.

Christopher Hall Property Auctions Pre-sale nd

Auctioneer’s Pre-sale Announcement

they feel appropriate against a buyer whose cheque is not

Memorandum of Sale. They will also be available on our website:

13. Completion of the sale and payment of the balance of

14. The Auctioneer will not describe each Lot in detail, he will simply state the address, Lot number and a very brief description.

15. All Lots offered for sale are offered subject to a Reserve Price. Any exceptions to this will be announced on

5. Should you have any questions in relation to any of the

16. Keys will not be released until completion of the sale. If access is required it may be arranged through our office

6. The Guide Prices indicated within the catalogue are an

2 Floor, 3 Castle Street, Chester CH1 2DS. Announcement

www.christopherhallpropertyautions.co.uk/auctioncatal

Telephone Bidding Registration Form

I hereby instruct Christopher Hall Property Auctions to bid on my behalf in accordance with the enclosed Terms & Conditions and I acknowledge that should my bid be successful then that bid and offer will be binding upon me. I confirm that Christopher Hall Property Auctions may take my telephone bid when the relevant property is being offered at the Auction and I acknowledge that such bidding may be recorded in order to avoid any disputes or uncertainty. Please fill in sections 1 to 9 below.

1. Auction: Lot Number:

Lot Address:

2. Bidder’ name: Bidders Fax Number:

Address:

Email Address:

3. Maximum Bid Price: �

In Words:

4. Buyer’s Name: (if different from above) 5. Telephone Number - landline or mobile number: 6. Deposit Arrangements: Cheque/Bankers Draft Enclosed 7.Legal papers: Bidder is deemed to have had sight of and understood all legal papers in

respect of the Lot.

8. Solicitor’s Name:

Address:

Telephone Number:

9. Bidder’s Signature:

Return to: Christopher Hall Property Auctions, including Telephone Bidding Registration Form, Cheque/Banker's Draft for the Buyer's Premium, Separate 5% Deposit Cheque/Bankers Draft, Proof of Identity — Please refer to Auction information in the catalogue. Please return to: Christopher Hall Property Auctions, 2nd Floor, 3 Castle Street, Chester CH1 2DS

Christopher Hall Property Auctions 2nd Floor, 3 Castle Street, Chester CH1 2DS.

YES/NO in the sum of: �…………………………………………

Telephone Bidding

Terms & Conditions for Telephone Bidding

I. RECITALS announcements made from the rostrum of any amendment or 1.1 Prospective bidders wishing to bid by telephone should addendum relating to the relevant Lot. complete and sign the Telephone Bidding Registration Form 7. Christopher Hall Property Auctions reserve the right not enclosed. The bidder shall have had sight of and accept the to bid on behalf of telephone bidders in the event of any terms of the Sale Memorandum which shall form part of the error, doubt, omission, uncertainty as to any bid, or for any contract should the bid be successful. reason whatsoever, and give no warranty or agreement that 1.2 The Auctioneer reserves the right to refuse a bid on behalf any bid will be made on behalf of the bidder and accept no of the telephone bidder should there be any confusion as to liability if no bid is made on behalf of the bidder for any Lot. the Maximum Bid Price or with any error in the accompanying 8. In the event that the telephone bidder is successful the cheque. Auctioneer will sign the Sale Memorandum on behalf of the 1.3 A separate form must be completed for each Lot a seller (a binding contract between the bidder and the seller is telephone bidder wishes to bid on. formed on the fall of the hammer) and forward the seller's 1.4 The completed form(s) must be delivered to Christopher signed part of the contract to the telephone bidder's solicitor. Hall Property Auctions, 2nd Floor, 3 Castle Street, Chester 9. In the event that the Lot is knocked down to the CH1 2DS by hand or by post no later than 24 hours prior to telephone bidder details of the amount of the deposit monies the commencement of the Auction. shall be inserted into the Sale Memorandum. Where any 1.5 Any agreed alteration to any telephone bidding form at cheque presented by a bidder in payment of the deposit any time prior to, or on the day of the Auction, must be made exceeds the required 5% any excess will not be returned and in writing and prior to the commencement of the Auction. will form an increased deposit and will be held in accordance 1.6 The telephone bidder must provide a banker's draft, with the general terms and conditions of sale or any variations solicitors' client account cheque or personal cheque which of them contained in the special conditions. must be drawn on a UK clearing bank account of the buyer 10. The telephone bidder will be advised if the relevant Lot and be for 5% of the Maximum Bid Price plus �3,600, to be has been successfully purchased on his behalf as soon as made payable to Christopher Hall. possible after the Auction. In the event that the bidder is 2. When the Lot comes up for Auction Christopher Hall unsuccessful at the Auction, the deposit cheque or banker's Property Auctions will attempt to telephone the bidder using draft shall be returned promptly by the Auctioneer to the the telephone numbers provided by the bidder on the bidder. Telephone Bidding Registration Form. The Auctioneer reserves the right to bid himself or through an 3. If a successful telephone connection is made between the agent up to the reserve price for the Lot. bidder and Christopher Hall Property Auctions the bidder may 12. Unless the relevant Lot is sold to the telephone bidder, then compete in the bidding. Christopher Hall Property the amount of the telephone bidders bid will not be disclosed Auctions relay the bidder's bid to the Auctioneer on behalf of to the Seller or any other person either during or after the sale the bidder. without the telephone bidders consent. 4. If a successful telephone connection is not made between 13. Telephone bidders are advised to contact Christopher Hall the bidder and Christopher Hall Property Auctions for or Property Auctions immediately prior to the Auction to ensure during the sale of the relevant Lot or if a successful telephone that there are no amendments to the particulars of sale or connection is made but is subsequently cut or interrupted, conditions relating to the relevant Lot or other matters Christopher Hall Property Auctions will only bid on behalf of relating to it. The telephone bidder will be deemed to have the bidder up to the Maximum Bid Price. knowledge of such amendments and will buy subject to them 5. The telephone bidder shall be considered to have in any event. inspected the Auction particulars for the relevant Lot, the 14. If the telephone bidder wishes to attend the Auction and general terms and conditions of sale, the special conditions of bid in person they must notify the Auctioneer in writing and sale and any amendments or addendums to any of these and the Auctioneer will not make any bids on their behalf. to have full knowledge thereof. The prospective bidder 15. Two forms of identification in accordance with Money authorises the Auctioneer or any duly authorised employee of Laundering Regulations must be submitted with all Telephone Christopher Hall Property Auctions as the telephone bidder's Bidding Registration Forms. For details on identification agent to sign the Sale Memorandum incorporating all such accepted please see the auction conditions or visit matters at or after Auction. www.christopherhallpropertyauctions.co.uk/auctionconditions6. The telephone bidder shall be deemed to have taken all Details are also available within the Auction catalogue. necessary professional and legal advice and to have made 16. Successful bidders will also be required to pay the Buyers appropriate enquiries, searches, surveys and inspections in Premium of �3,000 plus VAT. respect of any relevant Lot and have knowledge of any Please note all cheques must be made payable to Christopher Hall

Christopher Hall Property Auctions Telephone2nd Floor, 3 Castle Street, Chester CH1 2DS. Bidding

Proxy Bidding Registration Form

I hereby instruct Christopher Hall Property Auctions to bid on my behalf in accordance with the enclosed Terms & Conditions and I acknowledge that should my bid be successful then that bid and offer will be binding upon me. I confirm that Christopher Hall Property Auctions may take my proxy bid when the relevant property is being offered at the Auction and I acknowledge that such bidding may be recorded in order to avoid any disputes or uncertainty.

Please fill in sections 1 to 9 below.

1. Auction: Lot Number:

Lot Address:

2. Bidder’ name: Bidders Fax Number:

Address:

Email Address:

3. Maximum Bid Price: �

In Words:

4. Buyer’s Name: (if different from above) 5. Telephone Number - landline or mobile number: 6. Deposit Arrangements: Cheque/Bankers Draft Enclosed 7.Legal papers: Bidder is deemed to have had sight of and understood all legal papers in

respect of the Lot.

8. Solicitor’s Name:

Address:

Telephone Number:

9. Bidder’s Signature:

Return to: Christopher Hall Property Auctions, including Telephone Bidding Registration Form, Cheque/Banker's Draft for the Buyer's Premium Separate 5% Deposit Cheque/Bankers Draft, Proof of Identity — Please refer to Auction information in the catalogue. Please return to: Christopher Hall Property Auctions, 2nd Floor, 3 Castle Street, Chester CH1 2DS

Christopher Hall Property Auctions 2nd Floor, 3 Castle Street, Chester CH1 2DS.

YES/NO in the sum of: �…………………………………………

ProxyBidding

Terms & Conditions for Proxy Bidding

I. RECITALS 7. Christopher Hall Property Auctions reserve the right not 1.1 Prospective bidders wishing to bid by proxy should to bid on behalf of proxy bidders in the event of any error, complete and sign the Proxy Bidding Registration Form doubt, omission, uncertainty as to any bid, or for any reason enclosed. The bidder shall have had sight of and accept the whatsoever, and give no warranty or agreement that any bid terms of the Sale Memorandum which shall form part of the will be made on behalf of the bidder and accept no liability if contract should the bid be successful. no bid is made on behalf of the bidder for any Lot. 1.2 The Auctioneer reserves the right to refuse a bid on behalf 8. In the event that the proxy bidder is successful the of the proxy bidder should there be any confusion as to the Auctioneer will sign the Sale Memorandum on behalf of the Maximum Bid Price or with any error in the accompanying seller (a binding contract between the bidder and the seller is cheque. formed on the fall of the hammer) and forward the seller's 1.3 A separate form must be completed for each Lot a proxy signed part of the contract to the proxy bidder's solicitor. bidder wishes to bid on. 9. In the event that the Lot is knocked down to the proxy 1.4 The completed form(s) must be delivered to Christopher bidder details of the amount of the deposit monies shall be Hall Property Auctions, 2nd Floor, 3 Castle Street, Chester inserted into the Sale Memorandum. Where any cheque CH1 2DS by hand or by post no later than 24 hours prior to presented by a bidder in payment of the deposit exceeds the the commencement of the Auction. required 5% any excess will not be returned and will form an 1.5 Any agreed alteration to any proxy bidding form at any increased deposit and will be held in accordance with the time prior to, or on the day of the Auction, must be made in general terms and conditions of sale or any variations of them writing and prior to the commencement of the Auction. contained in the special conditions. 1.6 The proxy bidder must provide a banker's draft, solicitors' 10. The proxy bidder will be advised if the relevant Lot has client account cheque or personal cheque which must be been successfully purchased on his behalf as soon as possible drawn on a UK clearing bank account of the buyer and be for after the Auction. In the event that the bidder is unsuccessful 5% of the Maximum Bid Price plus �3,600, to be made payable at the Auction, the deposit cheque or banker's draft shall be to Christopher Hall. returned promptly by the Auctioneer to the bidder. 2. When the Lot comes up for Auction Christopher Hall The Auctioneer reserves the right to bid himself or through an Property Auctions will attempt to proxy the bidder using the agent up to the reserve price for the Lot. proxy numbers provided by the bidder on the Proxy Bidding 12. Unless the relevant Lot is sold to the proxy bidder, the Registration Form. amount of the proxy bidders bid will not be disclosed to the 3. If a successful proxy connection is made between the Seller or any other person either during or after the sale bidder and Christopher Hall Property Auctions the bidder may without the proxy bidders consent. then compete in the bidding. Christopher Hall Property 13. Proxy bidders are advised to contact Christopher Hall Auctions relay the bidder's bid to the Auctioneer on behalf of Property Auctions immediately prior to the Auction to ensure the bidder. that there are no amendments to the particulars of sale or 4. If a successful proxy connection is not made between the conditions relating to the relevant Lot or other matters bidder and Christopher Hall Property Auctions for or during relating to it. The proxy bidder will be deemed to have the sale of the relevant Lot or if a successful proxy connection knowledge of such amendments and will buy subject to them is made but is subsequently cut or interrupted, Christopher in any event. Hall Property Auctions will only bid on behalf of the bidder up 14. If the proxy bidder wishes to attend the Auction and bid in to the Maximum Bid Price. person they must notify the Auctioneer in writing and the 5. The proxy bidder shall be considered to have inspected Auctioneer will not make any bids on their behalf. the Auction particulars for the relevant Lot, the general terms 15. Two forms of identification in accordance with Money and conditions of sale, the special conditions of sale and any Laundering Regulations must be submitted with all Proxy amendments or addendums to any of these and to have full Bidding Registration Forms. For details on identification knowledge thereof. The prospective bidder authorises the accepted please see the auction conditions or visit the Auctioneer or any duly authorised employee of Christopher website at Hall Property Auctions as the proxy bidder's agent to sign the www.christopherhallpropertyauctions.co.uk/auctionconditionsSale Memorandum incorporating all such matters at or after Details are also available within the Auction catalogue. Auction. 16. Successful bidders will also be required to pay the Buyers 6. The proxy bidder shall be deemed to have taken all Premium of �3,000 plus VAT. necessary professional and legal advice and to have madeappropriate enquiries, searches, surveys and inspections in Please note all cheques must be made payable to Christopher Hall.respect of any relevant Lot and have knowledge of anyannouncements made from the rostrum of any amendment or addendum relating to the relevant Lot.

Christopher Hall Property Auctions Proxy 2nd Floor, 3 Castle Street, Chester CH1 2DS Bidding

CHRISTOPHER HALL PROPERTY AUCTIONS – CONDITIONS Terms & Conditions

Common Auction Terms and Conditions (reproduced with Buyer The person who agrees to buy the lot or, if applicable, that person's personal representatives; if two or more

INTRODUCTION each of them separately. The common auction conditions have three main sections: Catalogue 1. Glossary The catalogue to which the conditions refer including any supplement to it. This gives special meanings to some words used in the rest of the conditions. Completion 2. The conduct of the auctionThese conditions regulate the conduct of the auction. If you read our catalogue or Conditions attend the auction you do so on the basis that you accept them. This glossary, the conditions for the conduct of the auction, the general conditions, 3. Conditions of sale If you buy a lot you will sign a sale memorandum under which you agree to be bound by the conditions of sale that apply to that lot. These conditions are: The contract by which the seller agrees to sell and the buyer agrees to buy the lot. • General conditions that apply to all lots Contract date • Any extra general conditions in the catalogue or an addendum The date of the auction or, if the lot is not sold at the auction: • Special conditions that only apply to the lot you are buying (and which may vary (a) the date of the sale memorandum signed by both the seller and buyer or the general conditions) (b) if contracts are exchanged, the date of exchange. If exchange is not effected in

person or by an irrevocable agreement to exchange made by telephone, fax or The conditions are legally binding. Important noticeA prudent buyer will, before bidding for a lot at an auction: • Take professional advice from a solicitor and, in appropriate cases, a chartered surveyor and an accountant • Read the conditions • Inspect the lot • Carry out usual searches and make usual enquiries • Check the content of all available leases and other documents relating to the lot • Check that what is said about the lot in the catalogue is accurate • Have finance available for the deposit and purchase price

The conditions assume that the buyer has acted like a prudent buyer. If you choose to buy a lot without taking these normal precautions you do so at your own risk. GlossaryIn the conditions wherever it makes sense: • Singular words can be read as plurals, and plurals as singular words • A 'person' includes a corporate body • Words of one gender include the other genders • Where the following words appear highlighted in bold they have specified meanings. These are listed below Actual completion date The date when completion takes place or is treated as taking place for the purposes of apportionment and calculating interest. Addendum An amendment or addition to the conditions whether contained in a supplement to the catalogue, a written notice from the auctioneers or an oral announcement at the auction. Agreed completion date (a) the date specified in the special conditions, or (b) if no date is specified, 20 business days after the contract date but if that date is not a business day the first subsequent business day Approved bank A UK clearing bank. Arrears Arrears of rent and other sums due under the tenancies but unpaid on the actual completion date. Auction The auction advertised in the catalogue. Auctioneers The auctioneers at the auction. Business day A day which is not (a) a bank or public holiday or (b) a Saturday or Sunday.

Christopher Hall Property Auctions 2nd Floor, 3 Castle Street, Chester CH1 2DS

the permission of RICS) are jointly the buyer, all obligations can be enforced against them jointly or against

Completion of the sale of the lot.

any extra conditions and the special conditions. Contract

electronic mail, the date of exchange is the date on which both parts have been signed and posted or otherwise placed beyond normal retrieval. DocumentsDocuments of title (including, if title is registered, the entries on the register and the filed plan) and other documents listed or referred to in the special conditions relating to the lot. Extra conditionsAny additions to, or variations of, the conditions that are of general application to all lots. General conditions The conditions so headed. Interest rate If not specified in the special conditions, 4% above the HSBC Bank plc base rate. Lot Each separate property described in the catalogue or (as the case may be) the property that the seller has agreed to sell and the buyer to buy. Old arrears Arrears due under any of the tenancies that are not 'new tenancies' as defined by the Landlord and Tenant (Covenants) Act 1995. ParticularsThe section of the catalogue that contains descriptions of each lot. Practitioner A receiver, administrative receiver or liquidator. Price The price that the buyer agrees to pay for the lot. Ready to complete Ready, willing and able to complete: if completion would enable the seller to discharge all financial charges secured on the lot that have to be discharged by completion, then those outstanding financial charges do not prevent the seller from being ready to complete. Sale memorandum The form so headed set out in the catalogue in which the terms of the contract for the sale of the lot are recorded. Seller The person selling the lot. Special conditions The conditions so headed that relate to the lot. Tenancies All tenancies, leases, licences to occupy and agreements for lease subject to which the lot is sold, and any documents varying or supplemental to them. TransferIncludes a conveyance or assignment, to transfer includes to convey or to assign. TUPE The Transfer of Undertakings (Protection of Employment) Regulations 1981 as


modified or re-enacted from time to time. cards. VAT We may retain the sale memorandum signed by or on behalf of the seller until we Value Added Tax or other tax of a similar nature. receive the deposit in cleared funds. VAT election If you make a successful bid for a lot: An election to waive exemption from VAT in respect of the lot. • You are personally liable to buy it even if you are acting as an agent. It is your We (and us and our) responsibility to obtain an indemnity from the person for whom you are the agent The auctioneers. • Where the buyer is a company, you warrant that the buyer is properly You (and your) Someone who has a copy of the catalogue or who attends or bids at the auction, whether or not a buyer. The conduct of the auction

The catalogue is issued only on the basis that you accept these conditions relating to the conduct of the auction. They override all other conditions and can only be varied if we agree.

Our role As agents for each seller we have authority to:

Prepare the catalogue from information supplied by or on behalf of each seller

Offer each lot for sale Sell each lot (except charges that are to be discharged on or before completion) and to such of Receive and hold deposits the following as may affect it, whether they arise before or after the contract date Sign each sale memorandum and whether or not they are disclosed by the seller or are apparent from inspection Treat a contract as repudiated if the buyer fails to sign a sale of the lot or the documents:

memorandum or pay a deposit as required by the conditions (a) matters registered or capable of registration as local land charges Our decision on the conduct of the auction is final. (b) matters registered or capable of registration by any competent authority or under We may cancel the auction, withdraw lots from sale, or alter the order in the provisions of any statute which lots are offered for sale. We may also combine or divide lots. (c) notices, orders, demands, proposals and requirements of any competent You acknowledge that to the extent permitted by law we owe you no duty of authority care and you have no claim against us for any loss. (d) charges, notices, orders, restrictions, agreements and other matters relating to

Bidding and reserve prices town and country planning, highways or public health We may refuse to accept a bid. We do not have to explain why. (e) rights, easements, quasi-easements, and wayleaves If there is a dispute over bidding we are entitled to resolve it, and our decision is (f) outgoings and other liabilities final. (g) anything that is an overriding interest within the meaning of section 70 of the Unless stated otherwise each lot is subject to a reserve price. If no bid equals or Land Registration Act 1925 or would be if the lot were registered land exceeds that reserve price the lot will be withdrawn from the auction. The seller (h) matters that ought to be disclosed by the searches and enquiries a prudent buyer may bid (or ask us or another agent to bid on the seller's behalf) up to the reserve would make, whether or not the buyer has made them price but may not make a bid equal to or exceeding the reserve price. (i) anything the seller does not and could not reasonably know about and where any Where a guide price is given that price is not to be taken as an indication such matter would expose the seller to liability, the buyer is to comply with it and

of the value of the lot or of the reserve price. indemnify the seller against liability The particulars and other information 1.4 The seller must notify the buyer of any notices, orders, demands, proposals and

We have taken reasonable care to prepare particulars that correctly describe each requirements of any competent authority of which it learns after the contract date but lot. However the particulars are based on information supplied by or on behalf of the buyer is to comply with them and must indemnify the seller if it does not. the seller and we are not responsible for errors. 1.5 The lot does not include any tenant's or trade fixtures or fittings. The particulars are for your information but you must not rely on them. They do 1.6 Where chattels are included in the lot the buyer takes them as they are at not form part of any contract between the seller and the buyer. completion and the seller is not liable if they are not fit for use. If we provide any information or a copy of any document we do so only on the 1.7 The buyer buys with full knowledge of: basis that we are not responsible for its accuracy. (a) the documents whether or not the buyer has read them

(b) the physical condition of the lot and what could reasonably be discovered on The contract inspection of it, whether or not the buyer has inspected it.

A successful bid is one we accept as such. 1.8 The buyer is not relying on the information contained in the particulars or in any If you make a successful bid for a lot you are obliged to buy that lot on the terms replies to preliminary enquiries but on the buyer's own verification of that information. of the sale memorandum. If any information is not correct any liability of the seller and any remedy of the buyer The price will be the amount you bid plus VAT (if applicable). You must before are excluded to the extent permitted by statute. leaving the auction: 2. Deposit • Provide all information we reasonably need from you to enable us to complete 2.1 The amount of the deposit is the greater of: the sale memorandum including appropriate proof of your identity (a) the minimum deposit stated in the catalogue (or the total price, if this is less than • Sign the completed sale memorandum that minimum) • Pay the deposit and if you do not we may either (b) 5% of the price exclusive of VAT. • As agent for the seller treat that failure as your repudiation of the contract and 2.2 The deposit: offer the lot for sale again: (a) must be paid to the auctioneers by cheque or banker's draft drawn on an

the seller may then have a claim against you for breach of contract approved bank • Sign the sale memorandum on your behalf (b) is to be held as stakeholder unless the special conditions provide that it is to be

Deposits must be paid by cheque or by bankers' draft drawn on an approved bank in our favour. The catalogue states whether we also accept cash, or debit or credit 2.3 Where the auctioneers hold the deposit as stakeholder they


constituted and able to buy the lot • If the buyer does not comply with its obligations under the contract you are personally liable to buy the lot and must indemnify the seller in respect of any loss the seller incurs as a result of the Buyer's default GENERAL CONDITIONSThe general conditions apply except to the extent that they are varied by extra conditions, the special conditions or by an addendum. 1. The lot 1.1 The lot, including any rights granted and reserved, is described in the special conditions. 1.2 The lot is sold subject to any tenancies disclosed by the special conditions, but otherwise with vacant possession on completion. 1.3 The lot is sold subject to all matters contained or referred to in the documents

held as agent for the seller.


are authorised to release it and any interest on it to the seller on 4.5 The transfer is to have effect as if expressly subject to all matters subject to completion or, if completion does not take place, to the person which the lot is sold under the contract. entitled to it under the conditions. 4.6 The seller does not have to produce, nor may the buyer object to or make a 2.4 If for any reason the deposit is not received by the requisition in relation to, any prior or superior title even if it is referred to in the auctioneers in cleared funds within five business days of the documents. contract date the seller is entitled to treat the contract as at 5. Transfer an end and bring a claim against the buyer for breach of 5.1 Unless a form of transfer is set out in the special conditions: contract. 2.5 Interest earned on the deposit belongs to the seller unless the conditions provide before the agreed completion date and the engrossment five business days before otherwise. that date or (if later) two business days after the draft has been approved by the 3. Transfer of risk and insurance seller and 3.1 From the contract date the seller is under no obligation to insure the lot and (b) the seller must approve or revise the draft transfer within five business days of the buyer bears all risk of loss or damage unless: receiving it from the buyer. (a) the lot is sold subject to a tenancy which requires the seller to insure the lot or 5.2 If the seller remains liable in any respect in relation to the lot (or a (b) the special conditions require the seller to insure the lot. tenancy) following completion, the buyer is specifically to covenant in the 3.2 If the seller is to insure the lot then the seller: transfer to indemnify the seller against that liability. (a) must produce to the buyer on request details of the insurance policy 5.3 The transfer is to be executed in duplicate and the buyer is to return to (b) must use reasonable endeavours to maintain insurance equivalent to that policy the seller the duplicate duly stamped and denoted at the buyer’s cost as and pay the premiums when due (c) gives no warranty as to the adequacy of the insurance (d) must, at the request of the buyer, use reasonable endeavours to have the buyer's or by more than one Transfer. interest noted on the policy where the policy does not cover a contracting purchaser 6. Completion (e) must, unless otherwise agreed, cancel the policy at completion 6.1 Completion is to take place at the offices of the seller's solicitors, or where (f) is to hold in trust for the buyer any insurance payments that the seller receives in respect of loss or damage arising after the contract date and the buyer must reimburse to the seller the cost of insurance (to the extent it is not paid by a tenant or 6 .2 The amount payable on completion is the balance of the other third party) from the contract date. price adjusted to take account of apportionments plus (if 3.3 If under a tenancy the seller insures the lot then unless otherwise agreed with the buyer the seller is to pay any refund 6.3 Payment is to be made in pounds sterling and only by: of premium: (a) direct transfer to the seller's solicitors' bank account and (a) to the buyer (b) the release of any deposit held by a stakeholder. (b) if the special conditions so state, to each tenant in the proportion that the tenant 6.4 Unless the seller and the buyer otherwise agree completion takes place when pays premiums under its tenancy, first deducting any arrears of premium due from both have complied with their obligations under the contract and the total payment is that tenant. unconditionally received in the seller’s solicitors' bank account. 3.4 Section 47 of the Law of Property Act 1925 does not apply. 6.5 If completion takes place after 1400 hours it is to be treated, for the 3.5 Unless the buyer is already lawfully in occupation of the lot the buyer has no right purposes of apportionment and calculating interest, as if it had taken place to enter into occupation prior to completion. on the next business day. 4. Title 6.6 Where applicable the contract remains in force following completion. 4.1 Unless general condition 4.2 applies, the buyer accepts the title of the seller to 7. Notice to complete the lot as at the contract date and may raise no requisition or objection except in 7.1 The seller or the buyer may on or after the agreed completion date but before relation to any matter following the contract date. completion give the other notice to complete within 10 business days (excluding the 4.2 Where no documents are available before the auction: date on which the notice is given) making time of the essence. (a) if the lot is registered land the seller is to give to the buyer within five business 7.2 The person giving the notice must be ready to complete. days of the contract date an office copy of the entries on the register and filed plan 7.3 If the buyer fails to comply with a notice to complete the seller may, without and of all documents noted on the register that affect the lot affecting any other remedy the seller has: (b) if the lot is not registered land the seller is to give to the buyer within five business (a) rescind the contract days an abstract or epitome of title starting from the root of title mentioned in the (b) claim the deposit and any interest on it if held by a stakeholder special conditions (or, if none is mentioned, a good root of title more than 15 years (c) forfeit the deposit and any interest on it old) and must produce to the buyer the original or an examined copy of every (d) resell the lot and relevant document (c) the buyer has no right to object to or make requisitions on any title information more than seven business days after that information has been given to the buyer. affecting any other remedy the buyer has: 4.3 Unless otherwise stated in the special conditions the seller sells with full title guarantee except that: (a) all matters recorded in registers open to public inspection are to be treated as within the actual knowledge of the buyer and (b) any implied covenant as to compliance with tenant's obligations under leases does not extend to the state or condition of the lot where the lot is leasehold property. 4.4 If title is in the course of registration, title is to consist of certified copies of: (a) the documents sent to the land registry (b) the application to the land registry and a letter under which the seller or its solicitors agrees to use all reasonable endeavours to answer any requisitions raised by the land registry and to instruct the land registry to send the completed registration documents to the buyer.


(a) the buyer must supply a draft transfer to the seller at least 10 business days

soon as practicable after completion. 5.4 The seller cannot be required to transfer the lot to anyone other than the buyer,

the seller may reasonably require, on a business day between the hours of 0930 and 1700.

applicable) VAT and interest.

(e) claim damages from the buyer. 7.4 If the seller fails to comply with a notice to complete the buyer may, without

(a) rescind the contract and (b) recover the deposit and any interest on it from the seller or, if applicable, a stakeholder. 8. If the contract is brought to an endIf the contract is rescinded or otherwise brought to an end: (a) the buyer must return all papers to the seller and appoints the seller its agent to cancel any registration of the contract (b) the seller must return the deposit and any interest on it to the buyer (and the buyer may claim it from the stakeholder, if applicable) unless the seller is entitled to forfeit the deposit under general condition 7.3. 9. Landlord's licence 9.1 Where the lot is leasehold land and licence to assign is required: (a) the contract is conditional on it being obtained, by way of formal licence, if that is


what the landlord or the relevant lease properly required. 12.3 Unless set out in the special conditions the seller must consult (b) the agreed completion date is, if necessary, postponed to the date five business the buyer on all management issues that would affect the buyer days after the seller has given notice to the buyer that licence has been obtained. after completion, such as an application for licence or a rent review 9.2 The seller must: under a tenancy, a variation, surrender, agreement to surrender or (a) use all reasonable endeavours to obtain each licence required (b) enter into any authorised guarantee agreement properly required under the lease. 9.3 The buyer must: (a) promptly provide references and other relevant information (b) if properly required under the terms of the lease execute such licence or other deed of covenant as may be required and provide guarantees, a rent deposit or other security. 9.4 If within 3 months of the contract date (or such longer period as the seller and buyer agree) all required licences have not been obtained, the seller or the buyer may by notice to the other rescind the contract at any time before all licences are obtained. Rescission is without prejudice to the claims of either seller or buyer for breach of this condition nine. 10. Interest and apportionments 10.1 If the actual completion date is after the agreed completion date for any reason, other than the seller's default, the buyer must pay interest at the interest rate on the price (less any deposit paid) from the agreed completion date up to and including the actual completion date. 10.2 The seller is not obliged to apportion or account for any sum at completion unless the seller has received that sum in cleared funds. The seller must pay to the buyer after completion any sum to which the buyer is entitled that the seller subsequently receives in cleared funds. 10.3 Income and outgoings are to be apportioned at actual completion date unless: (a) the buyer is liable to pay interest (b) the seller has given notice to the buyer at any time up to completion requiring apportionment on the date from which interest becomes payable. 10.4Apportionments are to be calculated on the basis that: (a) the seller receives income and is liable for outgoings for the whole of the day on which apportionment is to be made (b) annual income and expenditure accrues at an equal daily rate assuming 365 days in a year and income and expenditure relating to a period of less than a year accrues at an equal daily rate during the period to which it relates 14.2 Where the special conditions state that no VAT election has been made, the (c) where the amount to be apportioned is not known at completion apportionment is to be made by reference to the best estimate then available and further payment is to be made by seller or buyer as appropriate within five business days of the date when 15. Transfer as a going concern the amount is known. 15.1 Where the special conditions so state, the seller and the buyer intend 11. Arrears the sale to be treated as a transfer of a going concern and this condition 11.1 The seller retains the right to receive and recover old arrears. 11.2 While any arrears due to the seller remain unpaid the buyer must: (a) try to collect them in the ordinary course of management but need not take legal proceedings, distrain or forfeit the tenancy (b) has, where necessary, made a VAT election in respect of the lot which remains (b) pay them to the seller within five business days of receipt in cleared funds (plus interest at the interest rate calculated on a daily basis for each subsequent day's 15.3 The buyer:delay in payment) (a) is registered for VAT, either in the buyer's name or as a member of a VAT group (c) on request, at the cost of the seller, assign to the seller or as the seller may direct (b) has made, or will make before completion, a VAT election in relation to the lot the right to demand and sue for old arrears, such assignment to be in such form as (c) is to give to the seller as early as possible before the agreed completion date the seller's solicitors may reasonably require evidence of the VAT registration and that a VAT election has been made and notified (d) if reasonably required, allow the seller's solicitors to have on loan the counterpart in writing to HM Customs and Excise of any tenancy against an undertaking to hold it to the buyer's order (d) must not revoke the VAT election and if it does not produce the relevant evidence (e) not release any tenant or surety from liability to pay arrears or accept a surrender at least two business days before the agreed completion date, general condition 14.1 of or forfeit any tenancy under which arrears are due applies at completion. (f) if the buyer disposes of the lot prior to recovery of all arrears, obtain from the 15.4 The buyer confirms that after completion the buyer intends to: buyer's successor in title a covenant in favour of the seller in similar form to this (a) retain and manage the lot for the buyer's own benefit as a continuing business as condition 11. a going concern subject to and with the benefit of the tenancies 11.3 Where the seller has the right to recover arrears it must not without the buyer's (b) collect the rents payable under the tenancies and charge VAT on them. written consent bring insolvency proceedings against a tenant or seek the removal of 15.5 Unless the seller obtains agreement to the contrary from HM Customs and goods from the lot. Excise: 12. Management (a) the seller must on or as soon as reasonably practicable after completion transfer 12.1 This condition applies where the lot is sold subject to tenancies. to the buyer all VAT records for the lot 12.2 The seller is to manage the lot in accordance with its standard (b) the buyer must keep those records available for inspection by the seller at all

management policies pending completion. reasonable times.


proposed forfeiture of a tenancy, or a new tenancy or agreement to grant a new tenancy and: (a) the seller must comply with the buyer's reasonable requirements unless to do so would (but for the indemnity in paragraph (c)) expose the seller to a liability that the seller would not otherwise have, in which case the seller may act reasonably in such a way as to avoid that liability (b) if the seller gives the buyer notice of the seller's intended act and the buyer does not object within five business days giving reasons for the objection the seller may act as the seller intends (c) the buyer is to indemnify the seller against all loss or liability the seller incurs through acting as the buyer requires, or by reason of delay caused by the buyer. 13. Rent deposits 13.1 This condition applies where the seller is holding or otherwise entitled to money by way of rent deposit in respect of a tenancy. In this condition 'rent deposit deed' means the deed or other document under which the rent deposit is held. 13.2 If the rent deposit is not assignable the seller must on completion hold the rent deposit on trust for the buyer and, subject to the terms of the rent deposit deed, comply at the cost of the buyer with the buyer's lawful instructions. 13.3 Otherwise the seller must on completion pay and assign its interest in the rent deposit to the buyer under an assignment in which the buyer covenants with the seller to: (a) observe and perform the seller's covenants and conditions in the rent deposit deed and indemnify the seller in respect of any breach (b) give notice of assignment to the tenant (c) give such direct covenant to the tenant as may be required by the rent deposit deed.

14. VAT 14.1 Where the conditions require money to be paid, the payer must also pay any VAT that is chargeable on that money, but only if given a valid VAT invoice.

seller confirms that none has been made by it or by any company in the same VAT group nor will be prior to completion.

applies. 15.2 The seller confirms that the seller or a company in the same VAT group: (a) is registered for VAT

valid.


15.6 If, after completion, it is found that the sale of the lot is not a transfer of a going the same terms as, or better terms than, their existing contracts of employment concern, then: (c) the buyer is to keep the seller indemnified against all liability for those employees (a) the seller's solicitors are to notify the buyer's solicitors of that finding and provide after completion. a VAT invoice in respect of the sale of the lot 21. Environmental (b) the buyer must within five business days of receipt of the VAT invoice pay to the 21.1 This condition only applies where the special conditions so provide. seller the VAT due 21.2 The seller has made available such reports as the seller has as to the (c) if VAT is payable because the buyer has not complied with this condition 15, the environmental condition of the lot and has given the buyer the opportunity to carry buyer must pay and indemnify the seller against all costs, interest, penalties or out investigations (whether or not the buyer has read those reports or carried out any surcharges that the seller incurs as a result. investigation) and the buyer admits that the price takes into account the 16. Capital allowances environmental condition of the lot. 16.1 This condition applies where the special conditions state that there are capital 21.3 The buyer accepts that as a result the buyer, not the seller, is liable for any allowances available in respect of the lot. pollution on or emanating from the lot, including the cost of remediating it if required, 16.2 The seller is promptly to supply to the buyer all information reasonably required and the buyer must indemnify the seller in respect of all such liability. by the buyer in connection with the buyer's claim for capital allowances. 22. Service charge 16.3 The value to be attributed to those items on which capital allowances may be 22.1 This condition applies where the lot is sold subject to tenancies that include claimed is set out in the special conditions. service charge provisions. 16.4 The seller and buyer agree: 22.2 No apportionment is to be made at completion in respect of service charges. (a) to make an election on completion under Section 198 of the Capital Allowances 22.3 Within two months after completion the seller must provide to the Act 2001 to give effect to this condition buyer a detailed service charge account for the service charge year current (b) to submit the value specified in the special conditions to the Inland Revenue for on completion showing: the purposes of their respective capital allowance computations. (a) payments on account of service charge received from each tenant 17. Maintenance agreements (b) service charge expenditure attributable to each tenancy 17.1 The seller agrees to use reasonable endeavours to transfer to the buyer, at the (c) any irrecoverable service charge expenditure. buyer's cost, the benefit of the maintenance agreements specified in the special 22.4 In respect of each tenancy, if the service charge account shows that: conditions. (a) payments on account exceed attributable service charge expenditure; the seller 17.2 The buyer must assume, and indemnify the seller in respect of, all liability under must pay to the buyer an amount equal to the excess when it provides the service such contracts from the actual completion date. charge account 18. Landlord and Tenant Act 1987 (b) attributable service charge expenditure exceeds payments on account, the buyer 18.1 This condition applies where the sale is a relevant disposal for the purposes of must use all reasonable endeavours to recover the shortfall from the tenant at the part I of the Landlord and Tenant Act 1987. next service charge reconciliation date and pay the amount so recovered to the seller 18.2 Unless the special conditions state otherwise the seller warrants that the seller within five business days of receipt in cleared funds. has complied with sections 5B and 7 of that Act and that the requisite majority of 22.5 In respect of irrecoverable service charge expenditure the seller must bear any qualifying tenants has not accepted the offer. incurred before completion (apportioned up to and including the actual completion 19. Sale by receiver etc date) and the buyer must bear any incurred after the actual completion date. Any 19.1 This condition applies where the sale is by a practitioner. necessary monetary adjustment is to be made within five business days of the seller 19.2 The practitioner has been duly appointed and is empowered to sell the lot. 19.3 The practitioner is the agent of the seller. The practitioner and the practitioner's partners and staff incur no personal liability in connection with the sale or the performance of the seller's obligations. The transfer is to include a declaration (a) the seller must assign it (including any interest earned on it) to the buyer on excluding the personal liability of the practitioner and of the practitioner's partners completion and staff. (b) the buyer must covenant with the seller to hold it in accordance with the terms of 19.4 The lot is sold: the tenancies and to indemnify the seller if it does not do so. (a) in whatever its condition is at completion 23. Rent reviews (b) whether or not vacant possession is provided 23.1 This condition applies where the lot is sold subject to a tenancy under (c) for such title as the seller may have (d) with no covenants for title and the buyer has no right to rescind the contract or any other remedy if information provided about the lot is inaccurate, incomplete or missing. 19.5 Where the practitioner is a receiver or administrative receiver: (a) the documents include certified copies of the charge under which the practitioner is appointed, the document of appointment by the lender and the practitioner's acceptance of appointment (b) the seller may require the transfer to be by the lender exercising its power of sale under the Law of Property Act 1925. 19.6 The buyer understands this condition 19 and agrees that it is fair in the circumstances of a sale by a practitioner. 20. TUPE 20.1 Unless the special conditions state that TUPE applies then the seller warrants that there are no employees whose contracts of employment will transfer to the buyer on completion. 20.2 If the special conditions state that TUPE applies then; (a) the seller has informed the buyer of those employees whose contracts of employment will transfer to the buyer on completion (b) not less than five business days before the agreed completion date the buyer relates to the seller's period of ownership within five business days of receipt of must confirm to the seller that the buyer has offered to employ those employees on cleared funds.


providing the service charge account to the buyer. 22.6 If the seller holds any reserve or sinking fund on account of future service charge expenditure

which a rent review, due on or before the actual completion date, has not been agreed or determined. 23.2 The seller may continue negotiations or rent review proceedings but may not agree the level of the revised rent or commence rent review proceedings without the written consent of the buyer, such consent not to be unreasonably withheld. 23.3 Following completion the buyer must complete rent review negotiations or proceedings as soon as reasonably practicable but may not agree the level of the revised rent without the written consent of the seller, such consent not to be unreasonably withheld. 23.4 The seller must: (a) give to the buyer full details of all rent review negotiations and proceedings, including copies of all correspondence and other papers (b) use all reasonable endeavours to substitute the buyer for the seller in any rent review proceedings. 23.5 The seller and the buyer are to keep each other informed of the progress of the rent review and have regard to any proposals the other makes in relation to it. 23.6 When the rent review has been agreed or determined the buyer must account to the seller for any increased rent and interest recovered from the tenant which


23.7 If a rent review is agreed or determined before completion but the IMPORTANT INFORMATION FOR BIDDERS increased rent and any interest recoverable from the tenant has not beenreceived by completion the increased rent and any interest recoverable is Buyer's Information Form to be treated as arrears. 23.8 The seller and the buyer are to bear their own costs in relation to rent review Form and hand in to a representative at the auction. negotiations and proceedings. 24. Tenancy renewals 24.1 This condition applies where the tenant under a tenancy has the right to Viewing is at your own risk. The Auctioneers or vendors cannot take remain in occupation under part II of the Landlord and Tenant Act 1954, and responsibility for any accidents, damage or losses. Please contact the references to notices and proceedings are to notices and proceedings under that relevant branch as detailed on the property particulars to arrange an Act. appointment. 24.2 Where practicable, without exposing the seller to liability or penalty, the Legal Documents seller must not without the written consent of the buyer (which the buyer must not unreasonably withhold) serve or respond to any notice or begin or continue any proceedings. 24.3 The seller must notify the buyer of any notices served and act as the information, office copy entries and any other material information. buyer reasonably directs in relation to those notices. Once provided, this information is available for inspection at the 24.4 Following completion the buyer must: auction venue (one hour prior to the start of the auction) and at our (a) with the co-operation of the seller take immediate steps to substitute itself as a offices from receipt until the auction date. Please make an party to any proceedings appointment with the relevant branch to view the legal information. (b) use all reasonable endeavours to conclude any proceedings or negotiations for Offers Prior To Auction the renewal of the tenancy and the determination of any interim rent as soon as Some vendors may be prepared to consider pre-auction sales and reasonably practicable at the best rent or rents reasonably obtainable and, in the offers should be put forward to our branches. Any such offer should be case of the renewed tenancy, for a term which begins on the day after the term of the the buyer's best and final offer. old tenancy expires Withdrawal or Sale Prior To Auction (c) if any increased rent is recovered from the tenant (whether as interim rent or Any lot can be sold or withdrawn prior to the auction. Buyers should under the renewed tenancy) account to the seller for the part of that increase that verify the availability of any lot prior to attending the auction. relates to the seller's period of ownership of the lot within five business days of receipt of cleared funds. 24.5 The seller and the buyer are to bear their own costs in relation to the renewal of the tenancy and any proceedings relating to this. 25. Warranties 25.1 Available warranties are listed in the special conditions. 25.2 Where a warranty is assignable the seller must: permit, Inland Revenue Tax Notification. (a) on completion assign it to the buyer and give notice of assignment to the person Group B - Proof of address who gave the Warranty (b) apply for, and the seller and the buyer must use all reasonable endeavours to statement, building society statement, mortgage statement. obtain, any consent to assign that is required. If consent has not been obtained by completion the warranty must be assigned within five business days after the consent has been obtained. 25.3 If a warranty is not assignable the seller must on completion: to bid. (a) hold the warranty on trust for the buyer Contracts and Payment of Deposits (b) at the buyer's cost comply with such of the lawful instructions of the buyer in Following the administration process you will be asked to sign the relation to the warranty as do not place the seller in breach of its terms or expose the contract and pay 5% deposit plus the buyer’s premium of �5,000 seller to any liability or penalty. plus VAT of �750. 26. No assignment The buyer must not assign, mortgage or otherwise transfer or part with the whole NOTICE TO BIDDERS or any part of the buyer's interest under this contract. 27. Notices and other communications 27.1 All communications, including notices, must be in writing. Communication to or by the seller or the buyer may be given to or by their solicitors. 27.2 If a communication is delivered by hand or is otherwise proved to have been received then it is given when delivered or received. If delivered or received after 1700 hours on a business day it is to be treated as received on the next business day. 27.3 If a communication is to be relied on without proof of its receipt it must be sent by first-class registered or recorded delivery post to the address of the person to whom it is to be given as specified in the sale memorandum. Such a communication 2. The successful purchaser will be required to pay to the Auctioneers a will be treated as received on the second business day after it has been posted. purchaser's administration fee, details of which are noted in the 28. Contracts (Rights of Third Parties) Act 1999 The contract is enforceable only by the seller and the buyer and (if applicable) their successors in title and, to the extent permitted by the conditions, by the auctioneers.


Prior to bidding at the auction, please complete the attached Buyer's Information

Viewings You are advised to view the Lot of interest prior to bidding at auction.

As Auctioneers, we request that the vendor's solicitors provide legal information relating to the sale of the property. This includes any special conditions of sale, title information, local searches, lease

Proof of Identity ALL successful bidders must provide proof of identity and address at point of sale. ONE document from each group must be shown Group A - Personal Identification Signed passport, photo card, new or old style driving licence, resident

Utility bill (not over 3 months old), current year council tax bill, bank

If you are bidding as an Agent for the buyer, proof of identity and address will be required for the bidder and company principal, together with a letter of authority from the company authorising you

1. Prospective purchasers are advised that sales are subject to: (a) General Conditions printed in the catalogue; (b) Special Conditions of Sale available within the Legal

Pack for each Lot (if applicable); (c) Any addendums or alterations made available for

inspection; (d) Any late amendments distributed in the room or made by

the Auctioneer from the rostrum.

catalogue and are also available from the Auctioneers. 3. Prospective purchasers should always check the amendment sheet on

the day of the sale to see if there are alterations or amendments to the particulars or special conditions of the property that they are interested in bidding for. The catalogue has been prepared on the basis of information provided. Consequently amendments may be made and


the successful purchaser is deemed to have purchased in full 13. The Auctioneer's announcements at the commencement of the sale knowledge of them. are an important part of the proceedings. Thereafter the Auction will

4. It is deemed that prospective purchasers have inspected the property proceed without delay and the Auctioneer will not describe the and have made the usual pre-contract searches and enquiries and are properties in detail nor read out the special conditions or amendments relying on their own knowledge or the advice of their own professional (see notices 1 and 2). or other adviser. The published information in the catalogue is notwarranted and may need to be verified by inspection of the legalpackage, generally only available after the catalogue has gone to press. Purchasers must satisfy themselves as to the correctness of the details of leases, tenancies, licences, rent payable, rent reviews, service charges, outgoings and other matters.

5. Prospective purchasers are advised to check the details of each property printed in the catalogue to ensure that they are satisfied as to their accuracy in regard to measurements, areas and all other matters to which the properties are expressed to be subject to or have the benefit of, and in respect of any contents, fixtures and fittings expressed to be included in the sale. All measurements and areas referred to in these particulars are approximate only. Services or appliances included in the property have not been tested. Any statement by the Auctioneers' staff is without responsibility and is not a representation.

6. Any photographs and plans shown in the Particulars of Sale are to enable prospective purchasers to locate the property only. The plans are photographically reproduced and are therefore not to scale and are not intended to depict the interest to be sold but are for identification only. The boundary lines and numbers on the photographs are again only to enable prospective purchasers to locate the property and are not intended to depict the interest to be sold. Prospective purchasers must rely on inspection of the property concerned and the Special Conditions of Sale (if applicable) as to full descriptions and the extent of the relevant property to be sold. Such plans and photographs are expressly excluded from the contract of sale.

7. Guide prices given by the agent to prospective purchasers cannot be accepted by the purchaser as representing a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities. Prospective purchasers should satisfy themselves as to the possible purchase price.

8. The Vendors have the right to withdraw or sell their property at any time prior to Auction. The Auctioneers or Vendors are not responsible for any abortive costs, losses or damages incurred by prospective purchasers in respect of lots which are either withdrawn or sold prior to the Auction. Information as to prior sale or withdrawal of a Lot can be obtained from enquiry of the Auctioneers but is valid only up to the time of the enquiry.

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

10. The successful bidder is under a Binding Contract as soon as the Auctioneer's Gavel falls on his/her bid. The successful bidder must sign and exchange a memorandum with the Auctioneers' staff and provide a deposit of 5% of the purchase price plus the buyer’s premium of �5,000 plus VAT of �750 whichever is the higher. The Purchaser will be required to prove identification under the Money Laundering Regulations. Deposit payments by cash or credit cards are NOT accepted.

11. If the Purchaser should fail or default in any of the above the Auctioneer as agent for the Vendor shall be entitled to treat the failure or default as a repudiation and rescind the contract. Thereafter the Auctioneer shall be entitled to re-submit the property for sale. The Vendor reserves the right to claim any loss he/she suffers as a result.

12. Purchasers should be aware that they will not be entitled to keys or access to the property (except by special arrangement) until completion of the sale.


SALES MEMORANDUM 21st July, 2011

Lot number:

Property address:

Address:

Buyer(s) name:

Address:

Buyer’s solicitor:

Address:

In signing the Sale Memorandum the Seller has agreed to sell and the Buyer agrees to buy the above Lot for the amount

stated below and has paid Christopher Hall Property Auctions a deposit of 5% of the sale price together with the Buyers

Premium of �3,600. This agreement is subject to the conditions of sale as outlined in the attached documentation.

As Agents for the Seller we acknowledge receipt of the deposit.

Signed by Christopher HallProperty Auctions as Agents for the seller:


Seller(s) name:

Contact:

Purchase Price:

Deposit paid:

Buyers Premium:

Signed by the buyer:

Sales Memorandum

Lot Listing for Property Auction on Thursday 21st July, 2011At Northop Country Park, Northop, Flintshire Registration starts at 6pm, Auction starts 7pm prompt

LOT 1, Central Point, Brunswick Road, Buckley, Flintshire, CH7For Sale By Auction 21st July, 2011At Northop Country Park, NorthopCommercial Premises3 Ground floor Retail UnitsFirst Floor Offices

Light Industrial Units

Lockable Fenced Compound

Guide Price Ä225-250,000LOT 2, 12 Thornfield Avenue, Connah's Quay, Flintshire, CH5 4HXFor Sale By Auction 21st July 2011GUIDE PRICE Ä20,000 - Ä40,000Freehold Commercial Property Versatile Retail Unit Glazed Frontage Electronic Shutters

Guide Price Ä20-40,00

LOT 3, 65 Wrexham Street, Mold, Flintshire, CH7 1HQFor Sale By Auction 21st July, 2011Three Storey BuildingGround Floor Shop with Office Space and Dry CellarLiving Accommodation Above


LOT 4, Nant House Becketts Lane, Buckley, Flintshire, CH7 2BHFor Sale By Auction 21st July, 2011GUIDE PRICE Ä105,000 - Ä115,000Cottage Style PropertySemi DetachedThree Bedrooms


LOT 5, Alpha United Reformed Church, Greenfield, Holywell,For Sale By Auction 21st July, 2011GUIDE PRICE Ä55 - 75,000Former Church and School Room BuildingPlanning Permission for 6 x 1 bed apartmentsWith off road parking



LOT 6, The Huntsman, Whitford Road, Whitford, Holywell,For Sale By Auction 21st July, 2011GUIDE PRICE ÄTo be confirmedFormer Public HousePlanning Permission for Residential DevelopmentOf a 4 bed detached house with annexe

Guide Price Ä To be confirmedLOT 7, Plot A, Land At Well Street, Holywell, Flintshire, CH8 7PLFor Sale By Auction 21st July, 2011NO RESERVESTARTING BIDS Ä30,000Single Building Plot with Planning PermissionFor a Detached HouseOn a Small DevelopmentPlanning Ref. No: 044049

NO RESERVE, STARTING BIDS Ä30,000LOT 8, Plot B, Land At Well Street, Holywell, Flintshire, CH8 7PLFor Sale By Auction 21st July, 2011NO RESERVESTARTING BIDS Ä30,000Single Building Plot with Planning PermissionFor a Detached HouseOn a Small DevelopmentPlanning Ref. No: 044049

NO RESERVE, STARTING BIDS Ä30,000LOT 9, Plot C, Land At Well Street, Holywell, Flintshire, CH8 7PLFor Sale By Auction 21st July, 2011NO RESERVESTARTING BIDS Ä30,000Single Building Plot with Planning PermissionFor a Detached HouseOn a Small DevelopmentPlanning Ref. No: 044049

NO RESERVE, STARTING BIDS Ä30,000LOT 10, Plot D, Land At Well Street, Holywell, Flintshire, CH8 7PLFor Sale By Auction 21st July, 2011NO RESERVESTARTING BIDS Ä30,000Single Building Plot with Planning PermissionFor a Detached HouseOn a Small DevelopmentPlanning Ref. No: 044049

NO RESERVE, STARTING BIDS Ä30,000


LOT 11, Plot E, Land At Well Street, Holywell, Flintshire, CH8 7PLFor Sale By Auction 21st July, 2011SOLD PRIOR TO AUCTIONSingle Building Plot with Planning PermissionFor a Detached House

LOT 12, Plot F, Land At Well Street, Holywell, Flintshire, CH8 7PLFor Sale By Auction 21st July, 2011SOLD PRIOR TO AUCTIONSingle Building Plot with Planning PermissionFor a Detached House

LOT 13, Plot G, Land At Well Street, Holywell, Flintshire, CH8 7PLFor Sale By Auction 21st July, 2011SOLD PRIOR TO AUCTIONSingle Building Plot with Planning Permissionfor Detached House

LOT 14, Plot H, Land At Well Street, Holywell, Flintshire, CH8 7PLFor Sale By Auction 21st July, 2011NO RESERVESTARTING BIDS Ä30,000Single Building Plot with Planning PermissionFor a Detached HouseOn a Small DevelopmentPlanning Ref. No: 044049

NO RESERVE, STARTING BIDS Ä30,000LOT 15, Plot I, Land At Well Street, Holywell, Flintshire, CH8 7PLFor Sale By Auction 21st July, 2011NO RESERVESTARTING BIDS Ä30,000Single Building Plot with Planning PermissionFor a Detached HouseOn a Small DevelopmentPlanning Ref. No: 044049

NO RESERVE, STARTING BIDS Ä30,000

SOLDPRIOR TO AUCTION

