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The city is changing... www.venmoreauctions.co.uk
£50 billion50 projects50 years...Read full investment story inside page 2
VENMORES PROPERTY AUCTION1pm Wednesday 31st October 2017
Council Chambers, Liverpool Town Hall,High Street, Liverpool, L2 3SW
For all enquiries 0151 236 6746
Now, is the perfect time to... BUY INTO Liverpool
2
The city is changing...
Planning permission secured for
2,000,000sqm floor space
Now, is the perfect time to... BUY INTO Liverpool
Visualisation of Central Dock Balcony view of Central Park
Liverpool Waters is a £5 billion pioneeringdevelopment proposed by leading UK investors,The Peel Group. A unique opportunity forinvestment, this project will see 150-acres of themuch-loved historic docklands of Liverpoolrevived and transformed into a world-classwaterfront site over a 30-year period. Inspirationfor the regeneration scheme has been drawnfrom international port cities like Shanghai,Vancouver, New York and Hamburg. As well asbeing the city’s largest regeneration scheme,Liverpool Waters is one of the largest UKdevelopments since the 2012 London Olympics.
The Liverpool Waters site sits along a 2.3km stretch of the River Mersey.
Planning permission has already been secured for 2,000,000 square
metres of mixed-use floor space, which includes 53,000 square metres
of hotel and conference facilities, 315,000 square metres of office and
business space, and 27,000 square metres of cafés and restaurants.
There are also plans to construct a new Isle of Man ferry terminal, a
cruise liner terminal for vessels with up to 3000 - 4000 passengers, a
stadium, a cultural building, parks and public squares.
The masterplan for Liverpool Waters was first launched in 2007. It
divides Liverpool Waters into five neighbourhoods: Princes Dock,
Central Dock, Clarence Dock, Bramley Moore Dock and King Edward
Rise. Adjoining the iconic Liver Building, Princes Dock is at the heart of
Liverpool Waters and development there is already in progress. It is a
14.5-hectare business hub employing over 2500 people, offering two
high-end hotels and two luxury apartment towers. The neighbourhood
will soon be expanding further because in August 2017 Liverpool City
Council gave planning permission for three new multi-storey apartment
tower blocks to be built.
Liverpool Waters also has a sister project, which is larger in
scale. The Wirral Waters development will transform
500-acres of Birkenhead docklands into an international
destination, creating 20,000 new permanent jobs.
Together, Liverpool Waters and Wirral Waters make up the
Mersey Waters Enterprise Zone. Government Enterprise
Zones offer tax breaks and encourage economic growth,
making them an ideal place for investment.
Both schemes are also part of The Peel Group’s Ocean Gateway
Project, which includes other renowned development schemes such as
MediaCityUK, Salford Quays and the ongoing expansion of Liverpool
John Lennon Airport. The Ocean Gateway Project aspires to regenerate
the land and assets adjoining the River Mersey and Manchester Ship
Canal. To support the Northern Powerhouse agenda, £50 billion will be
invested into more than 50 projects over a 50-year period, bringing
together Liverpool, Manchester, Cheshire and Warrington.
There is an unparalleled choice of investment opportunities available
across the North West for developers, land purchasers and occupiers
across several residential and commercial sectors, including housing,
offices, hotel, retail and leisure. Clearly a city on the up, now is the perfect
time to Buy Into Liverpool.
3
Meet The Team: We know this City, ask us about Investment Opportunities
Price Information*Guide prices are provided as an indication of each seller'sminimum expectation. They are not necessarily figures whicha property will sell for and may change at any time prior tothe auction. Each property will be offered subject to a Reserveprice (a figure below which the Auctioneer cannot sell theproperty during the auction) which we expect will be setwithin the Guide Range or no more than 10% above a singlefigure Guide.
Reserve price is the seller’s minimum acceptable price atauction and the figure below which the auctioneer cannotsell. The reserve price is not disclosed and remainsconfidential between the seller and the auctioneer. Both theguide price and the reserve price can be sub
A Quick Guide to AuctionsBefore the AuctionWe would advise that the majority of auctionproperties can be inspected prior to the auction date. Viewingcan be made by contacting the Auction Team on 0151 2366746. Each lot is sold subject to the conditions of sale asprinted in this catalogue and contained within the Contract.We would recommend you seek legal advice if you are in anydoubt as to the content of these conditions.
If you are interested in bidding for a lot, we suggest that youpass a copy of this catalogue to your Solicitor who can thenstart the necessary legal enquiries. As you will enter into abinding contract with the fall of the hammer and pay a non-refundable deposit, your financial arrangements should bemade in advance.
In the event that you are unable to attend the Auction it ispossible to bid by telephone or proxy and further details canbe obtained from Venmore Auctions. All bidders who cannotattend on the date must register their telephone or proxy bidby 10am on the day of the auction. A guide price is providedfor each lot. This is intended purely as an indication of thesuggested value a reserve price is set for each property andthis figure is not disclosed to the public prior to the auctiondate. Sometimes a property may be sold prior to auction,postponed or withdrawn. We advise that you check our websiteor telephone the auction department on the morning of theAuction to confirm that the lot(s) you are interested in areincluded in the sale.
On Auction Day An auction addendum sheet will be madeavailable on our website and on the day of auction. We wouldadvise all interested parties check the addendum for anyvariations to the property they are bidding on. Legal packs foreach property will be available on our website prior to theauction and are also available in the auction room forinspection. There will also be solicitors in attendance at theauction if you have any queries on the legal packs. You do notneed to pre-register to attend the auction, however if you areintending on bidding on a lot(s), you will need to bring with you2 forms of identification, details of your solicitors and your 10%Deposit and Buyers fee which can be paid by card, cheque,bankers draft or cash.
We are now accepting instructions for our 13th December 2017 Auction Closing date 17th November 2017
Call us: 0151 236 6746
Ronan ConnollyAuction Director
Helen WilsonAdministration [email protected]
Ruby FletcherAuction Co-ordinator
Phil DillonAuction Sales [email protected]
4
Notice to Prospective Buyers BUY INTO Liverpool
1. PARTICULARS OF SALE1.1 It is your responsibility to check thefollowing matters in respect of each Lotyou are interested in before the Auction:
• All measurements & Areas• Description & Location• Lease & Occupiers Details• Fixtures & Fittings• Contamination & Structure
1.2 You are advised to check the abovematters by:
• Inspection• Survey• Enquiry• Searches
2. CONDITIONS OF SALE2.1 If you are the successful Bidder of anyLot you will, from the moment that theAuctioneers gavel falls, become legallybound by the conditions of sale in relationto that lot.2.2 It is assumed that you have read andconsidered the conditions of sale and anyother relevant documents and that youhave taken professional advice beforebidding.2.3 The conditions of sale consist of thefollowing:
• This Notice to Prospective Buyers• The Common Auction Conditions asprinted at the back of the catalogue
• The Special Conditions of Sale foreach lot (available at theAuctioneers offices or online)
• Any Addendum relating to the Lot3. LIABILITY OF BIDDER3.1 If you bid at Auction, you will bepersonally liable in respect of any acceptedbid. This will be the case if you bid as agentor other representative for another party3.2 If you bid as agent or representativethen you and the person or organisation onwhose behalf you have bid will be jointlyand severally liable under the contract ofsale.
4. ORDER OF SALE, SALES PRIOR TOAUCTION AND WITHDRAWN LOTS4.1 Lots will be offered for sale at theauction in accordance with the order ofsale, printed hereafter. An announcementwill be made regarding all lots that havebeen sold prior or withdrawn from sale.4.2 The Auctioneers have the right to sellor to withdrawn lots without giving reasonsat any time before the sale begins4.3 You should contact the Auctioneersbefore the auction to check whether lotshave been sold prior or withdrawn.4.4 Neither the Auctioneers nor the Sellerwill have any responsibility towards you inrelation to any loss or wasted costs thatyou may incur in respect of lots sold prioror withdrawn.5. GUIDE PRICES AND RESERVES5.1 The guide prices are listed in thecatalogue, this is purely an estimate of theprice that the auctioneers considers the lotmight be sold for. It is your responsibility todecide how much you should bid for anylot.5.2 The Auctioneers have not carried outvaluations for any of the lots to be offeredfor sale at the auction.5.3 You are strongly advised to consult yourown professional advisors regarding thevalue of any lot.5.4 The reserve price for any lot mightexceed or be lower than the guide pricequoted at any time for that lot.5.5 The majority of lots will be offered forsale subject to a reserve price. Anyexceptions will be announced on the day ofthe auction6. PROCEDURES6.1 When a lot is knocked down to you bythe auctioneer, a legally binding contract isimmediately created. The terms of thecontract will be those set out in theconditions of sale referred to above.6.2 After the lot is knocked down to you,
you must give your details, including yourname, address, and solicitors name andaddress and produce identification such asa driver’s license or passport.6.3 If you do not give your details whenrequested or pay the deposit, theauctioneers have the right to reoffer the lotfor sale and to treat you as being in breachof contract. Even if the lot is re-offered forsale, the Seller might have a legal right oraction against you for the breach ofcontract.6.4 The lot will be at your risk from themoment it is knocked down to you by theauctioneers which means that you shouldimmediately arrange for it to be insured. Ifthis is not the case, it should be made clearin the special conditions of sale for that lot.7. DEPOSIT7.1 If a lot is knocked down to you mustpay the deposit, which is usually 10% ofthe sale price subject to a minimum of£2,000. The amount of the deposit mightbe altered by the special conditions of salefor the lot so you should check themcarefully before the auction. You will alsobe required to pay a non-refundable BuyersFee of £750.00+Vat (£900 incl of VAT)unless specified differently in salesparticulars. This may vary and will be notedwithin the Sales Particulars or on theaddendum issued on day of auction.7.2 Cheques for the deposit are acceptableunless otherwise stated. Bankers Drafts,Building Society Cheques and SolicitorsClient accounts cheques are alsoacceptable.7.3 We can accept payment for the depositand buyers fees by Credit or Debit Card,however there is a 3% administrationcharge if this is paid by credit card.7.4 Deposit cheques are accepted on thebasis that there are adequate clearedfunds in the account upon which thecheque is drawn. The Seller may take actionagainst you if your cheque is not honoured
on first presentation. You are thereforestrongly advised to ensure there areadequate funds available in the account tomeet any deposit cheque(s) that are drawnas a result of the auction.7.5 All deposit cheques should be madepayable to Venmore Auctions, unless thespecial conditions of sale state otherwise8. PROXY & TELEPHONE BIDDING8.1 If you are unable to attend the auctionyou may be able to bid by proxy ortelephone.8.2 If this is the case, you will need tocomplete the registration form printedtowards the back of the catalogue andsend it to the auctioneers with your depositbefore the auction.8.3 If you bid by proxy or telephone, youwill be legally bound by the terms andconditions printed at the back of thecatalogue.9. LEGAL PACKS9.1 Legal packs are available Online and atthe auctioneers offices prior to auction,however please make contact to checkwhether they are available.9.2 The legal packs will be available forinspection by prospective buyers or theirlegally representatives approximately 2hours before the commencement of thesale in the auction room.9.3 If you require copies of the legal packfor a particular lot please contact theAuction team on 0151 236 6746 or goonline to www.venmoreauctions.co.uk10. KEYS10.1 Potential buyers wishing to inspect theproperty prior to auction must do so byarrangement with the auctioneer’s offices.10.1 The successful purchaser will not beentitled to keys or access to vacantproperties until the completion of the sale.If access is required it may be arrangedthrough our offices with the permission ofthe seller or the seller’s solicitor.
CH
WA
WA
L38
L23
L22L21
L30
L31
L33L32
L10
L9
L4
L5
L3L2
L1
L6
L7
L13
L11
L12
L34
L36
L35
L26
L27
L25
L24
L19
L18
L16L15
L17
L8
L14
L20
L29
What happens next?If you are thinking of buying,
call the sales team on 0151 236 6746 and they will answerany questions you may have.
If you like the property,
arrange a viewing, one of the team will show your aroundthe property. You can make a bid before the auction day,and if a good enough bid the seller might decide not to goto auction. If you want to buy on auction day, don’t be shy,make sure the auctioneer sees your bid, don’t leave theauction house wishing you had bid further on a goodinvestment. If you win your bid, then you will need to pay10% deposit (min £2000) and pay a £750 + Vat (£900 inclof VAT) non refundable buyers fee and then complete thetransaction in 28 days. As with the nature of auctions thereis no exact selling price but the valuer will be able to provideyou with a guide of its selling price in the current market.
But don’t be surprised if properties sell for more than
double the guide price, that’s just the nature of auctions!
PLEASE NOTE: Changes in Money Laundering Regulations
with effect from Monday 26th June 2017 mean we are now
required by law to verify the identity & address of everyone
who offers, bids or buys at auction. If you intend to bid by
Telephone / Proxy bid - we will require this information
before the day of the auction. If we do not receive Certified
ID we will be unable to bid on your behalf at auction.If you
are going to attend to bid in the auction room, please bring
both items with you on the day, to show our team when you
register. Please see the Money Laundering Notice and
Registration form below.
Failure to bring these with you on the day will result in us
not being able to sell the property to you by law and it will
be re-offered to the room.
5
Order of Lots 47 LotsLot Address Guide Price*
The city is changing...
“I was very pleasedwith the service, somuch so I’m hopingto buy from Venmoreauctions in the near
future!”David Appleton
“The auction staffwere helpful, efficientand very pleasant todeal with. Would
definitelyrecommend”.
Philip Norman
“I was reallyimpressed with their
attitude andefficiency. Buyingwas a smooth andeasy process. If I everneed to buy or sell aproperty in thefuture, Venmoreauctions will be myfirst port of call”
Lee McGuigan
1 43A Darwick Drive, Liverpool, L36 0SP £35,000 Plus
2 62 Sutcliffe Street, Liverpool, L6 6AT £30,000 Plus
3 13 & 13a Serpentine Road, Wallasey, CH44 0AT £130,000 Plus
4 80 Moore Street, Bootle, L20 4SF £35,000 Plus
5 18 Sleepers Hill, Liverpool, L4 0RW £35,000 - £40,000
6 19 Victoria Road, Tuebrook, Liverpool, L13 8AL £130,000 - £150,000
7 146 Moscow Drive, Liverpool, L13 7DL £130,000 - £150,000
8 Apartment 2, 40 Sandown Lane, Liverpool, L15 4HU £40,000 - £45,000
9 46 Oxford Road, Huyton, Liverpool, L36 1XQ £35,000 Plus
10 64 Cambria Street, Liverpool, L6 6AR £20,000 - £25,000
11 66 Cambria Street, Liverpool, L6 6AR £25,000 Plus
12 73-75 Bridge Road, Litherland, Liverpool, L21 6PA £120,000 Plus
13 72 Daley Road, Liverpool, L21 7QQ £40,000 - £45,000
14 Fleet Street Barn, Southport Road, Scarisbrick, Ormskirk, L40 9RF £275,000 Plus
15 88 Bardsay Road, Liverpool, L4 5SQ £40,000 Plus
16 20 Brookland Lane, St. Helens, WA9 3RX £45,000 Plus
17 11 Enfield Terrace, Prenton, CH43 4UB £80,000 Plus
18 38-40 Heath Street, Golborne, WA3 3DL £180,000 Plus
19 19 Mostyn Close, Liverpool, L4 4QG £40,000 - £45,000
20 29 Holbeck Street, Liverpool, L4 2UR £40,000 Plus
21 14 St. Agnes Road, Kirkdale, Liverpool, L4 1RS £40,000 - £45,000
22 Apartment 12, 106 Haigh Street, Liverpool, L3 8NA £60,000 Plus
23 6 Moss Street, Prescot, L34 6HL £35,000 - £40,000
24 47 Smollett Street, Bootle, L20 4PT £35,000 Plus
25 90 Kensington, Liverpool, L7 8XD £225,000 Plus
26 10 Wimborne Close, Liverpool, L14 8UH £50,000 Plus
27 6 The Coppice, Liverpool, L4 2XA £40,000 Plus
28 East Motors, 123-125 Northumberland Street, Liverpool, L8 8AY £110,000 Plus
29 Land adjacent to 68 Durley Road, Liverpool, L9 9AW £40,000 Plus
30 Flat 5, 5 Marlborough Road, Southport, PR9 0RA £40,000 Plus
31 11 Cable Street, Southport, PR9 0DF £75,000 Plus
32 Flat 5, 49 Bath Street, Southport, PR9 0DP £60,000 Plus
33 35 Cherry Lane, Liverpool, L4 6UG £45,000 Plus
34 95 Hartington Road, Toxteth, Liverpool, L8 0SE £240,000 - £260,000
35 12 Britannia Avenue, Liverpool, L15 2JE £50,000 - £55,000
36 143 Brighton Street, Wallasey, CH44 8DT £25,000 - £30,000
37 4 Freehold Street, Liverpool, L7 0JJ £35,000 Plus
38 14 Brae Street, Liverpool, L7 2QQ £50,000 Plus
39 89 Rocky Lane, Anfield, Liverpool, L6 4BB £70,000 - £75,000
40 145 Laird Street, Birkenhead, CH41 0AA £45,000 - £50,000
41 108 Penny Lane, Liverpool, L18 1DQ £175,000 Plus
42 43 Crosby Road South, Liverpool, L21 1EN £200,000 Plus
43 8a Myers Road West, Liverpool, L23 0RU £200,000 Plus
44 23 Winchester Road, Liverpool, L6 0BR £20,000 - £25,000
45 76 Linacre Road, Liverpool, L21 6NU £25,000 Plus
46 66 Mere Lane, Liverpool, L5 0QW £45,000 Plus
47 75 Sandbrook Road, Southport, PR8 3JF £70,000 Plus
6
Please read before bidding.
Anti Money Laundering relating to PropertyPurchase and Sale mean there are changes in IDrequirements prior to your bid being accepted or putforward with effect on 26th June 2017.
In September 2016 the Government launched aconsultation entitled ‘Transposition of the Fourth MoneyLaundering Directive’. It outlined how the Governmentintended to implement the EU’s 4th Money LaunderingDirective and the Fund Transfer Regulation whichaccompanies it.
The overall objective of the transposition is to ensurethat the UK’s anti-money laundering and counterterrorist financing regime is kept up to date, effectiveand proportionate. This should help to safeguard theUK’s financial system and ensure that it is anincreasingly tough environment for both moneylaundering and terrorist financing.
On 15 March 2017, the Government published itsresponse to the September consultation together withthe draft Money Laundering, Terrorist Financing andTransfer of Funds (Information on the Payer) Regulations2017 (the “MLR 2017”). The consultation on the MLR2017 was open until 12 April 2017 and came into forceon 26 June 2017.
In their current form, the MLR 2017 impose a numberof new and updated requirements on certain industries,including estate agents.
The 4th Money Laundering Directive became law onJune 26.
We have put systems in place and trained our teams toavoid money laundering and to report suspiciousactivity. We are required to report suspicion of moneylaundering as soon as possible to the National Crime
Agency (NCA) (previously the Serious Organised CrimeAgency), regardless of whether a purchaser or bidderproceeds with the transaction. Venmore’s MoneyLaundering Officer is Rob Farnham [email protected],any suspicious activity should be reported to Rob.
Proving your identity prior to bidding.
Acceptable documents - Money LaunderingRegulations 2007
As with all Regulated Agents, Venmore is subject to theMoney Laundering Regulations 2007. This means thatwe have to obtain and hold identification and proof ofaddress for all purchasers/ bidders. Where appropriate,the source or destination of funds may also berequested. Without this information we will be unable toproceed with any work on your behalf.
Below is a list of acceptable identity documents. Werequire sight of all original or certified documents.Subject to your individual circumstances, Venmore mayliaise with you for further/other documentation.
If you are attending the auction please bring youridentification with you, if bidding by telephone or proxywe will need sight of the originals or a certified copy priorto accepting your bidding instruction.
Individual identity documents
We will require one document from List A and one recentdocument from List B dated within the past 3 months.
LIST A - IDENTITY DOCUMENT
• Current signed passport
• Valid UK driving licence
• EEA member state identity card
Money Laundering
7
Money Laundering
LIST B - PROOF OF ADDRESS
• Utility bill
• Mortgage statement
• Bank / building society statement
• Valid UK driving licence (if not used for List A as ID)
• State pension benefits book
• Home or motor insurance certificate
• Current local authority tax bill / tenancy agreement
• Solicitors letter confirming house purchased/ landregistration
• NHS Medical card
Limited company
If you are acting as a Representative of a UK Companywe will also require the following:
• Certificate of Incorporation
• Articles of Association
• Memorandum of Association
• Latest Annual Return or Confirmation Statement, withdetails of current company officers
• If offshore, nominee director declaration and ageneral power of attorney
• Individual Identity evidence from List A & B for allindividuals or entities with 25% or more of the sharesor voting rights in the company
If you are acting as a Representative of an OffshoreCompany we will also require the following:
• Certificate of Incorporation
• Articles of Association, Memorandum of Association,Latest Annual Return with details of current companyofficers, Share Certificate(s) showing the UltimateBeneficial Owner OR
• Certificate of Incumbency
• If the shares are owned by another company, repeatsteps above for the holding company
• Nominee director declaration and/or general Powerof Attorney (if applicable)
• Individual identity evidence from List A and B for allindividuals or entities with 25% or more of the sharesor voting rights in the company
Trust
If you are acting as a Representative of a Trust werequire the following:
• Trust deed
• List of trustees
• List of beneficiaries
• Individual Identity evidence from List A & B for allindividuals with a vested interest in 25% or more ofthe capital and/or those who exercise control over theTrust
8
Best Sells from previous auction
Guide Price* £325,000 PlusAlderley, Water Lane, L35
SOLD FOR£350,000
Guide Price* £180,000 Plus7-9 Walton Road, L4
SOLD FOR£200,000
Guide Price* £50,000 - £55,00027 Harland Road, CH42
SOLD FOR£71,000
Guide Price* £40,000 - £45,00019 Deverill Road, CH42
SOLD FOR£67,000
Guide Price* £15,000 Plus6 Cavern Court, L6
SOLD FOR£28,500
Guide Price* £55,000 Plus14 Carlisle Way, L33
SOLD FOR£67,000
9
Previous Auction Results 13th September 2017
* Please refer to page 3
upcoming2017/2018DATES
13th December
14th February
27th March
Thinking ofselling aproperty atAuction?
Book your FREEProperty Valuation
TODAY
0151 236 [email protected]
Questions?Talk to the team,
they will be happy toanswer any questionsyou may have aboutbuying or selling aproperty at Auction.
Now taking
instructions
for our
December 2017
auction.
Lot Address Guide Price*
1 60 Winslow Street, Liverpool, L4 4DJ POSTPONED2 4 Freehold Street, Liverpool, L7 0JJ POSTPONED3 24 Avondale Road, Wirral, CH47 3AS SOLD PRIOR4 77 Winslow Street, Liverpool, L4 4DH SOLD PRIOR5 Parking space 5, 9 - 11 Oldham Street, Liverpool, L1 2SU SOLD6 Parking space 6 , 9 - 11 Oldham Street, Liverpool, L1 2SU SOLD7 29 Sandbrook Way, Southport, PR8 3RN SOLD LATER8 11 Vandyke Street, Liverpool, L8 0RS SOLD PRIOR9 102 Hartington Road, Toxteth, Liverpool, L8 0SH SOLD PRIOR10 19 Colesborne Road, Liverpool, L11 2TL SOLD11 43 Cranborne Road, Liverpool, L15 2HX SOLD LATER12 The Royal British Legion, Scholes Lane, St. Helens, WA10 3NU POSTPONED13 89 Rocky Lane, Anfield, Liverpool, L6 4BB AVAILABLE14 76 Linacre Road, Liverpool, L21 6NU AVAILABLE15 64 Kilburn Street, Liverpool, L21 8HW SOLD LATER16 Alderley, Water Lane, Tarbock Green, Prescot, L35 1RE SOLD17 Parking space 7, 9 - 11 Oldham Street, Liverpool, L1 2SU SOLD18 Parking space 8 , 9 - 11 Oldham Street, Liverpool, L1 2SU SOLD19 8 Ellel Grove, Liverpool, L6 4AB SOLD LATER20 6 Brook House, Whiston Lane, Huyton, Liverpool, L36 6HW SOLD21 7 Brook House, Whiston Lane, Huyton, Liverpool, L36 6HW SOLD22 2 Ullswater Street & 273-277 Breck Road, Liverpool, L5 6QX AVAILABLE23 69 Vandyke Street, Liverpool, L8 0RS SOLD LATER25 72 Daley Road, Liverpool, L21 7QQ POSTPONED26 Flat 1, 5 Seabank Road, Wallasey, CH44 8BA AVAILABLE27 66 Pendennis Street, Liverpool, L6 5AQ POSTPONED28 60 St. Marys Road, Garston, Liverpool, L19 2JD SOLD PRIOR29 Parking space 9 , 9 - 11 Oldham Street, Liverpool, L1 2SU SOLD30 Parking space 10 , 9 - 11 Oldham Street, Liverpool, L1 2SU SOLD LATER31 138 A & 140b Ford Road, Wirral, CH49 0TQ AVAILABLE32 140 B Ford Road, Wirral, CH49 0TQ WITHDRAWN33 7-9 Walton Road, Liverpool, L4 4AD SOLD34 63 Stonehill Street, Liverpool, L4 2QA SOLD LATER35 185 Gentwood Road, Liverpool, L36 2QL SOLD36 66 Arnot Street, Liverpool, L4 4ED SOLD37 19 Mostyn Close, Liverpool, L4 4QG AVAILABLE38 143 High Park Road, Southport, PR9 7BY AVAILABLE39 30 Balmoral Road, Fairfield, Liverpool, L6 8NF SOLD PRIOR40 32 Balmoral Road, Fairfield, Liverpool, L6 8NF SOLD PRIOR41 28 Danescourt Road, Liverpool, L12 8RB SOLD42 66 Mere Lane, Liverpool, L5 0QW AVAILABLE43 8 Brook Hey Drive, Liverpool, L33 9TB SOLD44 27 Harland Road, Birkenhead, CH42 0LU SOLD45 27 Shaftesbury Road, Liverpool, L23 5RB AVAILABLE46 112 Lower Hall Street, St. Helens, WA10 1GD SOLD47 332 Anfield Road, Liverpool, L4 0TN SOLD48 46 Oxford Road, Huyton, Liverpool, L36 1XQ AVAILABLE49 45 Smollett Street, Bootle, L20 4PT SOLD PRIOR50 6 Hero Street, Bootle, L20 2HA SOLD51 19 Deverill Road, Birkenhead, CH42 4PN SOLD52 13 Snaefell Avenue, Liverpool, L13 7HA SOLD53 6 Moss Street, Prescot, L34 6HL AVAILABLE54 79 August Road, Liverpool, L6 4DE POSTPONED55 58 & 60 Balliol Road, Bootle, L20 7EJ POSTPONED56 5 Midland Terrace, Liverpool, L22 8QJ SOLD LATER57 73 Elwy Street, Liverpool, L8 8BL SOLD58 28 Chambres Road, Southport, PR8 6JQ SOLD59 6 Cavern Court, Liverpool, L6 9JG SOLD60 Flat 5, 49 Bath Street, Southport, PR9 0DP AVAILABLE61 78 Brampton Drive, Liverpool, L8 7SU SOLD62 9 Redcar Street, Liverpool, L6 0AJ SOLD63 14 Carlile Way, Liverpool, L33 1RJ SOLD64 Apartment 2, 40 Sandown Lane, Liverpool, L15 4HU AVAILABLE65 52 Roxburgh Street, Liverpool, L4 3TB SOLD66 11 New Road Court, Liverpool, L13 8EF SOLD
10
LOT
1Guide Price* £35,000 Plus43A Darwick Drive, Liverpool, L36 0SP RESIDENTIAL
DescriptionThis is a good size 2 bedroom first floor flat that is in need of a schemeof updating and decoration prior to rental. The flat benefits from doubleglazing, central heatin, side & rear gardens and private entrance. Idealas a rental investment with high yield returns.
AccommodationFlat: Entrance hall, large living/dining room, kitchen, 2 x bedrooms,bathroomOutside: Garden to side, on- street parking, side & rear gardens
LocationJust off Tarbock Road via Meadow Drive then Elizabeth Road, theproperty is well placed close to main bus routes. Close to Huyton TownCentre, with Huyton Train Station just over a mile away, many localamenities are available such as shops, bars, restaurants and the AsdaSuperstore, with the City Centre around a 20 minute drive away.
Why Buy• 2 Bedrooms• Self-contained flat• Good rental location• Requires scheme of decoration
LOT
2Guide Price* £30,000 Plus62 Sutcliffe Street, Liverpool, L6 6AT RESIDENTIAL
DescriptionThis is a good size 2 bedroom mid terrace house that is in need ofmodernisation and decoration throughout. The property benefits fromdouble glazing and central heating and once a scheme of works havebeen completed would be ideal as a rental investment.
AccommodationGround floor: Front reception, rear reception, under stairs storage,kitchen, bathroomFirst floor: 2 x bedroomsOutside: Yard to rear, on-street parking to front
LocationSituated in Kensington the property is close to numerous shops andamenities. The Royal Liverpool Hospital is only 1 mile away with alluniversities close by.
Why Buy• 2 Bedrooms• Potential to add value• Double glazing • Central heating
Joint Agent
Joint Agent
11
LOT
3Guide Price* £130,000 Plus
RESIDENTIAL 13 & 13a Serpentine Road, Wallasey, CH44 0AT
DescriptionThis is a large semi-detached house that has been converted to provide2 x self-contained flats. Both flats are currently vacant and in need ofsome modernising prior to rental. There is a 2 bedroom flat to theground floor and a 3 bedroom flat to the first and attic floors. Ideal as arental investment once works have been completed or has the potentialto be reconfigured and turned back into a single dwelling. The propertybenefits from double glazing, central heating and front drive.
AccommodationGround floor: Entrance hall, lounge, kitchen, 2 x bedrooms, bathroomFirst floor: Entrance hall, 2 x bedrooms, kitchen, bathroom and spiralstaircase to atticAttic: En-suite bedroomOutside: Drive & garden to front, yard to rear
LocationAccessed from Liscard Road close to Central Park and within walking tothe shopping centre and shops on Mill Lane.
Why Buy• 2 x self-contained flats• Good rental area• Potential to add value• Could be reconfigured into single dwelling
12
LOT
4Guide Price* £35,000 Plus80 Moore Street, Bootle, L20 4SF RESIDENTIAL
DescriptionThis is a good size 3 bedroom mid terrace house in need of a smallscheme of refurbishment prior to letting. The property has scope to bere-sold on the open market once works have been completed. Theproperty benefits from partial double glazing and central heating with anew boiler.
AccommodationGround floor: Entrance hall, through living/dining room, kitchen,bathroomFirst floor: 3 x bedroomsOutside: Yard to rear, on-street parking to front
LocationAccessed from Knowsley and Peel Roads directly across from Poets Park.There are numerous shops and amenities on Knowsley Road a fewminutes walk away. Bootle Strand is only 0.5 miles away with LiverpoolCity Centre is only 4 miles away.
Why Buy• 3 Bedrooms• Partial double glazing• Central heating with new boiler• Strong rental location
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5Guide Price* £35,000 - £40,00018 Sleepers Hill, Liverpool, L4 0RW RESIDENTIAL
DescriptionThis is a 2 bedroom mid terrace property that needs redecorated prior toletting. The property benefits from double glazing & central heating.Ideal as a long term rental investment or could be utilised as a shortterm let due to its close proximity to Anfield and Goodison Park FootballStadiums.
AccommodationGround floor: Lounge/dining room, KitchenFirst floor: Bedroom, Bedroom with bathroom offOutside: Yard to rear, on-street parking to front
LocationRight in the heart of the Anfield Regeneration area. There are numerousshops and bars within walking distance. Liverpool football stadium isonly 2 minutes walk away with Liverpool City Centre 3 miles away.
Why Buy• 2 Bedrooms• Double glazing• Central Heating• Anfield regeneration area
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6Guide Price* £130,000 - £150,000
INVESTMENT 19 Victoria Road, Tuebrook, Liverpool, L13 8AL
DescriptionThis is a large semi-detached house that has been converted to provide5 x self-contained one bedroom flats. The flats are fully occupied with anumber of long standing tenants on AST’s producing£1350pcm/£16,200pa. There is plenty of scope to improve the propertyto add capital and rental value. If refurbished to a high standard andeach flat was tenanted at £375pcm the total annual income would be£22,500pa. All flats benefit from double glazing and central heating.
AccommodationFlat 1: Second floor – Living room, kitchen, bedroom, bathroomFlat 2: First floor – Living room, kitchen, bedroom, bathroomFlat 3: First floor – Kitchen, living room, shower room, bedroomFlat 4: Ground floor - Kitchen, living room, shower room, bedroomFlat 5: Ground floor - Kitchen, living room, shower room, bedroomOutside: Large yard to rear, on-street parking to front
LocationVictoria Road is accessed directly from West Derby Road and runsparallel to Lisburn lane in Tuebrook. Ideal location with numerousschools close by and plenty of shops and amenities within walkingdistance. There are regular buses from West Derby Road with LiverpoolRoyal Hospital, universities and Liverpool City Centre only a few milesaway.
Why Buy• 5 x self-contained flats• Currently producing £16,200pa• Potential to add value• Good rental area
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7Guide Price* £130,000 - £150,000146 Moscow Drive, Liverpool, L13 7DL MULTI LET
DescriptionThis is a very large 9 bedroom house recently refurbished in May 2017however still requires a small scheme of updating and decorationfollowing the termination of the latest tenancy agreement and prior toletting. The property is HMO Licensed and would make an idealinvestment achieving in excess of £35,000 per annum if each room wasrented at £75pppw. The property benefits from large openkitchen/dining/living room, 2 x bathrooms and 1 x en-suite bedroom. Ifpurchased at £150,000 and fully let at £35,000 this property wouldoffer a gross high yield return of 23%.
AccommodationGround floor: Entrance hall, En-suite bedroom, Kitchen/living/diningroom, bathroomFirst floor: 4 x double bedrooms, bathroomSecond floor: 4 x double bedrooms
LocationAccessed directly from Queens Drive West Derby. There are numerousshops and bars within a few minutes walking including the new Aldi andMarks & Spencer food hall. Liverpool City Centre is only 4 miles awaywhile West Derby Village is only 1 mile away.
Why Buy• 9 Bedrooms• Ideal HMO rental• One en-suite• High yield investment
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9Guide Price* £35,000 Plus
RESIDENTIAL 46 Oxford Road, Huyton, Liverpool, L36 1XQ
DescriptionThis is a good size 2 bedroom second floor flat that is currently vacant.The property would be ideal as a rental investment once a small schemeof decoration. It benefits from double glazing, electric heating andallocated parking. Previously let at £400pcm.
AccommodationSecond floor flat: Double bedroom 1, double bedroom 2, bathroom,kitchen, living roomOutside: secure intercom system, communal gardens to the front andside, allocated parking to the side and rear
LocationOn the corner of Oxford & Dorset Roads which are just off York Roadand minutes away from the M57. There are plenty of local amenities inclose proximity and Liverpool City Centre is only 8 miles away.
Why Buy• 2 Bedroom flat• Allocated parking• Good rental area• Double glazing
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8Guide Price* £40,000 - £45,000
RESIDENTIAL Apartment 2, 40 Sandown Lane, Liverpool, L15 4HU
DescriptionThis is a decent size one bedroom flat that has recently become vacantand after a small scheme of updating and decoration would be ideal asa rental investment or resale on the open market. The property benefitsfrom double glazing, electric storage heaters and parking.
LocationOn Sandown Lane which is a nice quiet residential street in the heart ofWavertree. There are numerous shops, bars, restaurants and amenitiesall on the door step.
Why Buy• 1 x bedroom• Good rental area• Recently become vacant• Potential income £6000pa
Joint Agent
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10Guide Price* £20,000 - £25,00064 Cambria Street, Liverpool, L6 6AR RESIDENTIAL
DescriptionThis is a 2 bedroom mid terrace property in need of modernising prior toletting. The property benefits from double glazing and would be ideal asa rental property once a scheme of improvements have been made.
AccommodationGround floor: Living / dining room, Kitchen, bathroomFirst floor: 2 x bedroomsOutside: Small yard to rear, on-street parking to front
LocationCambria Street is accessed from Molyneux and Boaler Streets inKensington. There are numerous shops, bars and amenities on near byKensington with regular buses to Liverpool City Centre which is only afew miles away. Liverpool Royal Hospital is only a 10 minute walk away.
Why Buy• 2 Bedrooms• Double glazing• Good rental location• Potential to add value
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11Guide Price* £25,000 Plus66 Cambria Street, Liverpool, L6 6AR RESIDENTIAL
DescriptionThis is a 2 bedroom mid terrace property in need of modernising prior toletting. The property benefits from central heating, double glazing andwould be ideal as a rental property once a scheme of improvementshave been made.
AccommodationGround floor: Open living/dining room, Kitchen, bathroomFirst floor: 2 x bedroomsOutside: Small yard to rear, on-street parking to front
LocationCambria Street is accessed from Molyneux and Boaler Streets inKensington. There are numerous shops, bars and amenities on near byKensington with regular buses to Liverpool City Centre which is only afew miles away. Liverpool Royal Hospital is only a 10 minute walk away.
Why Buy• 2 Bedrooms• Central heating• Double glazing
• Good rental location• Potential to add value
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13Guide Price* £40,000 - £45,000
INVESTMENT 72 Daley Road, Liverpool, L21 7QQ
DescriptionA good size 3 bedroom mid terrace house that is currently let by way ofan AST at £425pcm/£5,100pa. The property benefits from doubleglazing and central heating. Ideal as a long term rental investment.
AccommodationGround floor: Entrance hall, living room, kitchen/dinerFirst floor: 3 x bedrooms, bathroomOutside: Yard to front, garden to rear, on-street parking to front
LocationSituated in a mainly residential area close to Litherland Sports Park.Plenty of schools and amenities in close proximity. Liverpool City Centreis only 6 Miles away.
Why Buy• 3 Bedrooms• Double glazing• Central heating• Current income £5,100pa
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12Guide Price* £120,000 Plus
INVESTMENT 73-75 Bridge Road, Litherland, Liverpool, L21 6PA
DescriptionThis property consists of a double fronted end terrace property that have beenconfigured to provide 2 x retail units and 2 x self-contained flats to the upperfloors. The property is fully let and currently generating £15,960pa, but doeshave the potential to increase rental income as well utilising the advertisinghoarding to the gable end for alternative income. Ideal as a long term high yieldinvestment with immediate income stream which could help to secure finance.
Accommodation73 Bridge Road – Retail unit – Trading as hairdressers – Let at £300pcm/£3600pa 75 Bridge Road - Retail unit – Trading as Health café – Let at £320pcm/£3840pa73a Bridge Road – Flat – kitchen, living room, bathroom, 2 x bedrooms – Let at£370pcm/£4440pa75a Bridge Road – Flat – Kitchen, living room, bathroom, 2 x bedroom – Let at
£340pcm/£4080paOutside: Advertising hoarding to side – potential to rent
LocationSituated on Bridge Road which can be accessed from Linacre Lane or PrincessWay, close to the Lidl & Tesco Superstores and Seaforth & Litherland TrainStation, with the City Centre around 5 miles away and reachable by way ofregular buses from the area.
Why Buy• 2 x self-contained flats • 2 x retail units• 1 x advertising hoarding
• Current income of £15,960pa• Good rental area
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14Guide Price* £275,000 PlusFleet Street Barn, Southport Road, Scarisbrick, Ormskirk, L40 9RF OPPORTUNITY
DescriptionAn exciting development opportunity consisting of three barns andvarious outbuildings set on a site of approximately 1.7 acres. We havebeen informed by the vendor that planning permission has beengranted for three dwellings, one detached with open rural aspect to therear and two semi detached dwellings fronting Southport Road. The plotcould suite a different scheme subject to the relevant permissions.
NB - Potential purchasers should make their own enquiries to WestLancashire Planning Department - We do have documentation fromthe planning department that ground was broken and that theplanning permission remains valid.
AccommodationThe site currently comprises of three barns and various outbuildings seton a site of approximately 1.7 acres.
LocationSituated on one of the main routes into Southport (A570) close to thejunction with Bescar Brow Lane.
Why Buy• Development opportunity• Planning permission for 3 dwellings• Large plot approx. 1.7 acres• Rural aspect to rear• Well located
DEVELOPMENT
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16Guide Price* £45,000 Plus
RESIDENTIAL 20 Brookland Lane, St. Helens, WA9 3RX
DescriptionThis is a good size 3 bedroom semi-detached house in a popular rentallocation. The property is in good condition throughout and ready to rentafter a small scheme of decoration. The property benefits from doubleglazing, central heating, new bathroom, modern kitchen and reargarden/yard.
AccommodationGround floor: Entrance, living room, dining/utility room, kitchenFirst floor: 3 x bedrooms, bathroomOutside: Yard/garden to rear, parking to front
LocationThe property is located at just off Fleet Lane close to the junction withDownway Lane and Brookland Lane. There are numerous amenitiesclose by with St Helens Town Centre just over 2 miles away.
Why Buy• 3 Bedrooms• Semi-Detached• Ready to rent• New bathroom suite
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15Guide Price* £40,000 Plus
RESIDENTIAL 88 Bardsay Road, Liverpool, L4 5SQ
DescriptionA two bedroomed mid terrace property benefiting from double glazingand central heating. This property has been upgraded very recentlyhaving had Slate roof replaced, a new bathroom, new kitchen, blinds,Double glazing, central heating and carpets fitted throughout. Ready forimmediate rental. Only recently became vacant and had previouslybeen let by way of an Assured Shorthold Tenancy at a rental of £5,200per annum.
AccommodationGround floor: Front reception, rear reception, kitchenFirst floor: 2 x bedrooms, bathroomOutside: Yard to rear, on-street parking to front
LocationOff Walton Lane within close proximity to amenities and EvertonFootball Club and approximately 2.5 miles from Liverpool City Centre.
Why Buy• Ready for immediate rental• Double glazing• Central heating• Close to Goodison Park
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17Guide Price* £80,000 Plus11 Enfield Terrace, Prenton, CH43 4UB RESIDENTIAL
DescriptionThis is a deceptively large 4 bedroom end terrace house that requiresmodernised throughout. The property has accommodation overbasement, ground, first and second floors. Once a scheme of work hasbeen carried out the property would be ideal as a family home. A mustsee to appreciate the potential.
AccommodationBasement: Kitchen with access to rear yard, Large second room withpotential to re-open windowGround floor: Entrance hall, front reception, rear receptionFirst floor: Bedroom, Bedroom with bathroom offSecond floor: 2 x bedroomsOutside: Yard to rear, on-street parking
LocationJust off Slatey Road which is in turn off Ball's Road, the property is wellpositioned on the doorstep the shops, bars and restaurants of OxtonVillage with Birkenhead Central Train Station and Town Centre around amile way, and Liverpool City Centre only 3 miles away.
Why Buy• Requires refurbishment• Plenty of scope to add value• Quiet street no through road• Accommodation over 4 storeys
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18Guide Price* £180,000 Plus38-40 Heath Street, Golborne, Warrington, WA3 3DL INVESTMENT
DescriptionThis is a large property that consists of 3 x terraces that have in the pastbeen configured to provide 2 x retail units, 2 x self-contained flats and amid terrace house. The property does need to be properly segregatedwith some doorways closed off prior to renting, but once they have beenmodernised there is potential to have 5 x lettable units. At present oneretail unit is being used as a butchers while the other is being used as ahairdressers, although the butchers will be vacant prior to completion.The 3 residential units will also be vacant on completion. If the tworetail units were let at £300pcm, the 2 flats let at £350pcm and thehouse at £450pcm, then the total potential income could be £21,000pa.
LocationFronting Heath Road and the corner of Turton Street right in the heart
of Golborne. There is plenty of footfall with numerous other retail unitsclose by as well as some eateries and bars. Haydock Race course iswithin a few minutes walk.
NB - Included in the sale is the freehold titles for number 1, 3 & 5Turton Street, WA3 3AB
Why Buy• 2 x retail units• 2 x flats• 1 x House• Potential to add value
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20Guide Price* £40,000 Plus
RESIDENTIAL 29 Holbeck Street, Liverpool, L4 2UR
DescriptionThis is a 2 bedroom mid terrace house that is in good conditionthroughout and ready for immediate occupation. The property has beenfully upgraded in the past five years with works to include Main roof, gascentrally heated, double glazing, re wired, re plumbed, new bathroom,new kitchen, carpets and blinds. Ideal as a long term investment.
AccommodationGround floor: Through living/dining room, kitchenFirst floor: 2 x bedrooms with bathroom off Outside: Yard to rear, on-street parking to front
LocationAccessed directly from Priory Road with plenty of shops and amenitieswithin walking distance. Liverpool City Centre is only 3 miles away.
Why Buy• 2 Bedrooms• Central heating• Double glazing• Ready for rental
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19Guide Price* £40,000 - £45,000
INVESTMENT 19 Mostyn Close, Liverpool, L4 4QG
DescriptionThis is a nice size one bedroom house that is currently let by way of anAST at £450pcm/£5400pa. The property benefits from double glazing,central heating, conservatory and garden to rear. Ideal as a long terminvestment.
AccommodationGround floor: Living room, kitchenFirst floor: Bedroom, bathroomOutside: Garden and conservatory
LocationAccessed directly from Mercer Drive off of Fountains Road. There arenumerous shops and amenities within walking distance on Walton andCounty Roads. Liverpool City Centre is only 2 miles away.
Why Buy• 1 Bedroom house• Large conservatory• Double glazing & central heating• Currently tenanted £5,400pa
Joint Agent
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21Guide Price* £40,000 - £45,00014 St. Agnes Road, Kirkdale, Liverpool, L4 1RS RESIDENTIAL
DescriptionA nice 3 bedroom mid terrace house that is good condition throughoutand ready for immediate occupation. The property benefits from doubleglazing, central heating and good size bathroom & kitchen. The propertyis ideal as a long term investment with potential for a high yield return.
AccommodationGround floor: Entrance hall, front reception, kitchen, dining roomFirst floor: 3 x bedrooms, bathroomOutside: Yard to rear, on-street parking to front
LocationThe property is just off Stanley and Melrose Roads in the Kirkdale areaof North Liverpool. There are numerous schools and shops in closeproximity with Bank hall and kirkdale rail stations within walkingdistance. Liverpool city centre is 2 miles to the South.
Why Buy• 3 Bedrooms• Double glazing & Central heating• Ready for immediate let• Good rental location
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22Guide Price* £60,000 PlusApartment 12, 106 Haigh Street, Liverpool, L3 8NA RESIDENTIAL
DescriptionAccessed via remote control electric gates, the development hasapartments on ground and first floor levels. Apartment 12 comprises anentrance hall, a through Lounge/diner/fitted kitchen, two doublebedrooms, an en-suite shower room and principal bathroom with whitesuite. The property has UPVC double glazed windows and electric panelheaters.
AccommodationApartment: Entrance hall, 2 x bedrooms, kitchen/living room, bathroomOutside: Communal parking
LocationUnder 1 mile away from Lime Street, Liverpool & John Moore Universitycampuses. Not to mention all the bars, restaurants, sports centres, shopsand other amenities within walking distance.
Why Buy• 2 Bedrooms• Secure gated entrance• Close to city centre & Universities• Popular rental location
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24Guide Price* £35,000 Plus
RESIDENTIAL 47 Smollett Street, Bootle, L20 4PT
DescriptionA 2 bedroom mid terrace house.. The house benefits from doubleglazing, central heating and a downstairs bathroom. Potential rentalincome of £400pcm/£4,800pa. Good as a long term investment.
AccommodationGround floor: Through living/dining room, kitchen, bathroomFirst floor: 2 x bedroomsOutside: Yard to rear, on-street parking to front
LocationThe property is situated off Gray Street which in turns runs off KnowsleyRoad in Bootle.
Why Buy• 2 bedrooms• Double glazing• Central heating • Good rental area
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23Guide Price* £35,000 - £40,000
RESIDENTIAL 6 Moss Street, Prescot, L34 6HL
DescriptionA vacant 2 bedroom mid terraced house located close to Prescot towncentre in a sought after residential and letting location. The property isin need of full refurbishment but does benefit from double glazing andgas central heating. Would be ideal as a rental investment once workshave been completed.
AccommodationGround Floor: Entrance vestibule, front reception, kitchen, bathroom/WCFirst Floor: 2 BedroomsOutside: Rear yard, on-street parking to front
LocationSituated off High Street and St Helens Road in close proximity to localschooling and transport links and just a short walk from the town centre.
Why Buy• 2 Bedroom mid terrace• Excellent rental location• Potential to add value• Upstairs bathroom
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25Guide Price* £225,000 Plus90 Kensington, Liverpool, L7 8XD INVESTMENT
DescriptionThis is a deceptively large 9 bedroom HMO located within a few minuteswalk of the New Royal Liverpool Hospital. The property was fullyrefurbished in April 2016 and done to a very high standard. All roomsare en-suite and each room is currently fully let on 6-12 month ASTagreements. The total passing rent is currently £2585pcm/£31,020pa.The property benefits from double glazing, central heating and largemodern communal kitchen & lounge/dining area.
AccommodationRoom 1 – Let at £275pcmRoom 2 - Let at £275pcmRoom 3 - Let at £330pcmRoom 4 – Let at £275pcmRoom 5 – Let at £275pcmRoom 6 - Let at £275pcmRoom 7 - Let at £330pcmRoom 8 - Let at £275pcmRoom 9 – Let at £275pcm
NB - Internal Photos were taken at the time of refurbishment
LocationWithin a few minutes walk of the new Royal Liverpool Hospital, mostUniversities as well as the Knowledge Quarter, which is currentlyundergoing a multi-million pound investment plan. Liverpool City Centreand all shops, bars and restaurants, as well as Lime Street Station areboth only 15 minutes walk away.
Why Buy• 9 x en-suite bedrooms• Currently producing £31,020pa• Full HMO licence• Within walking of universities• Completely refurbished April 2016
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27Guide Price* £40,000 Plus
RESIDENTIAL 6 The Coppice, Liverpool, L4 2XA
DescriptionThis is a good size 3 bedroom mid terrace house that is in goodcondition throughout. The property benefits from a modern kitchen,double glazing and central heating. The property is ready for immediaterental and would make a good high yield return once let. Ideal for aninvestor not looking to have to do any refurbishment.
AccommodationGround floor: Living room, Kitchen/dining roomFirst floor: 3 x bedrooms, bathroomOutside: Yard to rear with wired outhouse/utility, on-street parking tofront
LocationAccessed from Townsend Lane in Anfield. Stanley Park and Anfieldfootball stadium are under 1 mile away. There are numerous shops andamenities on Townsend Lane and Priory Road.
Why Buy• 3 Bedrooms• Ready for rental• Modern kitchen• Central heating
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26Guide Price* £50,000 Plus
INVESTMENT 10 Wimborne Close, Liverpool, L14 8UH
DescriptionThis is a 2 bedroom mid terrace house that is currently let by way of anAST at £5,400pa. The property is a good size and benefits from doubleglazing, central heating, rear yard and front drive. Ideal as aninvestment.
AccommodationGround floor: Living room, kitchenFirst floor: 2 x bedrooms, BathroomOutside: Yard to rear, drive to front
NB - Internal photos were taken and supplied by the vendor
LocationThe property is accessed from Princess Drive, just off of East PrescotRoad & Finch Lane. There are numerous shops and amenities withinwalking distance and plenty of schools in the area. Liverpool City Centreis just 5 miles away with good public transport close by.
Why Buy• 2 Bedrooms• Double glazing• Central heating• Good rental area
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28Guide Price* £110,000 PlusEast Motors, 123 - 125 Northumberland Street, Liverpool, L8 8AY COMMERCIAL
DescriptionThis is a large commercial/warehouse unit with an attached 1 bedroomflat. The unit has been used as a vehicle MOT/repair service centre for along time, but will be sold with vacant possession, as will the flat. Theproperty is prime for residential development subject to all thenecessary consents. Ideal for a number of town houses or block ofapartments, once planning permission has been sought; or could becontinued to be used as a MOT service centre.
LocationFronting Northumberland Street on the corner with Dickens Street, justoff Park Road, and only one mile from Liverpool city centre and allLiverpool Universities.
Why Buy• Development potential• Current MOT services• Popular residential area• Close to City Centre
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30Guide Price* £40,000 Plus
RESIDENTIAL Flat 5, 5 Marlborough Road, Southport, PR9 0RA
DescriptionThis is a nice size one bedroom self-contained flat that benefits fromdouble glazing and central heating. After a scheme of decoration theproperty would be ideal as a rental investment. The vendor hasconfirmed the Service charge for the flat is £20.00 pcm with the groundrent being £100.00 p.a. We understand the buildings insurance is circa£80.00 per annum
AccommodationGround floor: Communal entrance with stairs to all floorsFlat: bathroom, open plan kitchen/living room, bedroomOutside: Communal drive to front and shared yard/garden to rear
LocationOn the doorstep of Southport Town Centre, Marlborough Road can beaccessed from Church Street or Roe Lane, which are both in turn just offLord Street. Perfectly positioned for transport, Southport Train Station isless than a mile away and regular buses can be caught in the area.
Why Buy• Self-contained flat• One bedroom • Good rental area• Top floor
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29Guide Price* £40,000 Plus
LAND/DEVELOPMENT Land adjacent to 68 Durley Road, Liverpool, L9 9AW
DescriptionThis is a plot of land that has full planning permission to erect a 4bedroom detached house as part of a larger development built andfinished over ten years ago. Ideal for a small developer with potential tore-sell to a family once the scheme is finished.
LocationAccessed directly from Long Lane close to Aintree. Liverpool City Centreis only 5 miles away.
Why Buy• Planning for 4 bed detached• Cul-de-sac off Long Lane• Ref: 93P/1076
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31Guide Price* £75,000 Plus11 Cable Street, Southport, PR9 0DF RESIDENTIAL
DescriptionThis is a large 2 bedroom mid terrace house that is good conditionthroughout and benefits from 3 x reception rooms, one of which couldbe used as a third bedroom. The property benefits from modern kitchen,bathroom, double glazing and central heating.
AccommodationGround floor: Entrance hall, front reception, rear reception, kitchen,dining roomFirst floor: 2 x bedrooms, bathroomOutside: Yard to rear
LocationOn the doorstep of Southport Town Centre, Cable Street can beaccessed from Nevill Street, which is in turn just off Lord Street. Perfectlypositioned for transport, Southport Train Station is less than a quarter ofa mile away and regular buses can be caught in the area.
Why Buy• 3 x reception rooms• 2 x Bedrooms• Ideal family home• Central location
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32Guide Price* £60,000 PlusFlat 5, 49 Bath Street, Southport, PR9 0DP INVESTMENT
DescriptionA good size 2 bedroom second floor flat in a large converted end terracebuilding that is currently let by way of an AST at £400pcm/£4,800pa.The flat benefits from double glazing and central heating and is ideal asa long term investment.
AccommodationFlat – 2 x bedrooms, bathroom, open plan living room/kitchenOutside: Communal front entrance, allocated parking space to front
NB - Venmores have not carried out an internal inspection
LocationAccessed just off Lord Street right in the centre of Southport withinwalking distance to numerous shops, bars, restaurants and otheramenities.
Why Buy• 2 Bedrooms• Tenanted at £4,800pa• Central heating • Double glazing
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34Guide Price* £240,000 - £260,000
INVESTMENT 95 Hartington Road, Toxteth, Liverpool, L8 0SE
DescriptionThis is a large semi-detached property that has been extended and converted toprovide 5 x self-contained flats. There are 2 x studio flats, 1 x one bedroom flat, 1x two bedroom flat and 1 x three bedroom flat. The flats have plenty of scope toadd value with refurbishments to all flats as well as the potential to easilyreconfigure one of the studios to form a one bedroom flat and possiblyreconfigure the three bedroom flat to form 2 x one bedroom units, or reconfigurethe entire property to provide a large 10+ bedroom HMO, subject to anynecessary consents. Each flat has its own electricity & gas supply as well ascentral heating system and double glazing. If the flats are improved the potentialannual income could be in excess of £30,000pa.
AccommodationFlat 1: Ground floor – Entrance hall, kitchen, bathroom, large living/bedroomFlat 2: Entrance hall, Bathroom, kitchen/living room, bedroom
Flat 3: Entrance hall, 2 x bedrooms, bathroom, living/kitchenFlat 4: Entrance hall, kitchen, bathroom, living/bedroomFlat 5: Entrance hall, 3 x bedrooms, living/kitchen, bathroom
LocationAccessed from Smithdown & Croxteth Roads. Close to Sefton Park, Lark Lane andSmithdown Road with plenty of shops, bars and other amenities within walkingdistance. There are regular buses to Liverpool City Centre and all universities onSmithdown and Croxteth Roads.
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33Guide Price* £45,000 Plus
RESIDENTIAL 35 Cherry Lane, Liverpool, L4 6UG
DescriptionThis is a good size 3 bedroom house which is in good condition throughand after a small scheme of decoration would be ready for rental. Theproperty benefits from double glazing, central heating and modernkitchen. Ideal as a long term investment with strong rental demand inthe area.
AccommodationGround floor: Through living/dining room, kitchenFirst floor: 3 x bedrooms, bathroomOutside: Yard to rear, on-street parking to front
LocationAccessed from Walton Hall Avenue with plenty of shops and amenitiesclose by on Cherry Lane, Walton Village and County Road. GoodisonPark football stadium is only 1 mile away with Liverpool City Centre only3 miles away.
Why Buy• 3 Bedrooms• Ready for rental• Modern kitchen• Double glazing
• 5 x self-contained flats• Potential to add value
Why Buy• 3 let at £12,600pa• Double glazed & central heating
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35Guide Price* £50,000 - £55,00012 Britannia Avenue, Liverpool, L15 2JE RESIDENTIAL
DescriptionThis is a good size 2 bedroom mid terrace house that requiresmodernised. There is plenty of scope to add value and once works havebeen completed it could be rented as a 3 bedroom student let. If let at£90pppw for each room there is potential for an income of £14,040pa.
AccommodationGround floor: Entrance hall, front reception, dining room, kitchenFirst floor: 2 x bedrooms, bathroomOutside: Yard to rear, On-street parking to front
LocationSituated between Webster Road and Cranborne Road in a popularresidential location conveniently placed for shops and public transportapproximately 2 miles from the City Centre, close to both LiverpoolWomen's Hospital and Liverpool University.
Why Buy• 2 Bedrooms• Potential to add value• Popular student rental location• Close to shops, bars & restaurants
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36Guide Price* £25,000 - £30,000143 Brighton Street, Wallasey, CH44 8DT DEVELOPMENT OPPORTUNITY
DescriptionThis is a 3 storey mid terrace property that was formerly a shop withresidential accommodation above. The property has been stripped,brought back to brick, cleared and has had planning permission recentlygranted to convert to 3 x self contained flats. The PP is for 2 x onebedroom flats and 1 x two bedroom flat. Ideal as a development withhuge scope to add capital and either resell on the open market oncefinished or retain as a high yielding rental investment. If the onebedroom flats were tenanted on AST's at £395pcm and the twobedroom flat at £450pcm the potential rental income would be£14,880pa fully occupied.
LocationDirectly across from Wallasey Town Hall with plenty of shops and
amenities within walking distance and regular buses directly outside thedoor. Wallasey village is only 2 miles away with Liverpool City Centreonly 5 miles away through the tunnel.
Planning application can be found on Wirral Borough Councilplanning site APP/16/00996
Why Buy• Planning permission for 3 x Flats
• Brought back to brick
• Ready for development• Very strong rental area• Potential income £14,880pa
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38Guide Price* £50,000 Plus
RESIDENTIAL 14 Brae Street, Liverpool, L7 2QQ
DescriptionThis is a large 2 bedroom mid terrace house that is in need ofmodernisation. The property benefits from 2 reception rooms and hasthe potential to be extended and built into the loft to gain extrabedrooms. There is double glazing, central heating and a modernbathroom. Once a scheme of refurbishment has been completed theproperty would be ideal as a student let. Average rental prices are £75-90 per room per week and even utilising the second reception as a thirdbedroom would give rental potential of £11,700pa.
AccommodationGround floor: Entrance hall, Front reception, rear reception, KitchenFirst floor: 2 x bedrooms, bathroomOutside: Yard to rear, On-street parking to front
LocationAccessed from Holt Road in the Kensington/Edge Lane area of Liverpoolpopular with students due to its close proximity with the new RoyalLiverpool Hospital and universities which are under a 15 minute walkaway. Liverpool City Centre is only 1.5 miles away.
Why Buy• 2 Bedrooms• Potential student let• Double glazing• Central heating
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37Guide Price* £35,000 Plus
RESIDENTIAL 4 Freehold Street, Liverpool, L7 0JJ
DescriptionA 3 bedroom end terrace house in need of full refurbishmentthroughout prior to use. The property would have plenty of scope to addcapital value and would be ideal re-sold on the open market once ascheme of work has been completed. The property benefits from doubleglazing and a side garage.
AccommodationGround floor: Front reception, kitchenFirst floor: 3 x bedrooms, bathroomOutside: Yard to rear, drive & garage to front and side
LocationAccessed from Prescot Road in Kensington close to The new RoyalLiverpool Hospital and all universities. There are numeroussupermarkets, shops and amenities within walking distance. LiverpoolCity Centre is under 2 miles away.
Why Buy• Potential to add capital value• In need of refurbishment• Double glazing• Drive & garage
Joint Agent
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LOT
39Guide Price* £70,000 - £75,000 89 Rocky Lane, Anfield, Liverpool, L6 4BB MIXED USE
DescriptionThis is a large end terrace corner property that is configured to provide aground floor retail unit and 2 x self-contained flats to the upper floorsaccessed from a separate side entrance. The property is currently vacantand could be refurbished and re-let or has the potential to be convertedto a large HMO rental property subject to receiving all the necessaryconsents. The property benefits from double glazing, central heatingand roller shutters.
AccommodationGround floor: Main sales area, WC, storage roomFirst floor: Entrance hall, lounge/diner, bedroom, bathroom/WCSecond floor: Entrance hall, Lounge, kitchen, bathroom/WC, 2 xbedrooms
Outside: Yard to rear, on-street parking on Scorton Street
LocationFronting Rocky Lane on the corner of Scorton Street.
Why Buy• Corner property • 2 x self-contained flats• Retail Unit• Potential HMO development
LOT
40Guide Price* £45,000 - £50,000145 Laird Street, Birkenhead, CH41 0AA INVESTMENT OPPORTUNITY
DescriptionThis is a two storey mid terrace property that is configured to provide aground floor retail unit and a first floor one bedroom flat. The propertybenefits from double glazing, central heating and an electric rollershutter. In need of refurbishment and once a scheme of works havebeen completed would be ideal as a rental investment. If the retail unitis rented at £100pw and the flat at £400pcm the total annual incomecould be £10,000pa.
AccommodationGround floor: Retail unit – shop front, reception area, kitchen, WCFirst floor: Kitchen, bathroom, living room, bedroomOutside: Yard to rear
LocationFronting Laird Street close to Birkenhead Park. There are numerousshops on the parade with a large Aldi only a minute away. BirkenheadTown Centre is only 1.5 miles away.
Why Buy• Retail unit• Self-contained flat• Potential to add value• Good rental location
33
LOT
41Guide Price* £175,000 Plus
INVESTMENT OPPORTUNITY 108 Penny Lane, Liverpool, L18 1DQ
DescriptionThis is a deceptively large end terrace property that is currentlyconfigured to provide office space to the ground floor and a fullylicenced 5 bedroom HMO to the upper floors. The offices are currentlyvacant and the accommodation is part tenanted. There is potential toreconfigure the offices and incorporate them into the rest of theresidential accommodation providing a larger 7-8 bedroom HMO orpossibly convert the offices to a ground floor flat, subject to allnecessary consents.
The property benefits from double glazing and central heating. Theoffices have their own private entrance on Oakdale Road and the flat aprivate entrance on Penny Lane. Fully occupied in the currentconfiguration the ground floor offices have potential to achieve circa£8,000pa, and the HMO if each room is rented at £90pppw, the totalannual income could be in excess of £30,000pa.
AccommodationGround floor: Entrance hall/reception, back offices, WC, large storeFirst floor: 3 x bedrooms, 2 x shower rooms, kitchenSecond floor: 2 x bedrooms, large communal living roomOutside: Yard to rear, on-street parking to front
LocationFronting Penny Lane and on the corner of Oakdale Road. There arenumerous shops, bars and restaurants right on the door step.
Why Buy• Ground floor office• 5 Bedroom HMO• Potential to add value• Scope to reconfigure
Joint Agent
34
LOT
42Guide Price* £200,000 Plus43 Crosby Road South, Liverpool, L21 1EN INVESTMENT OPPORTUNITY
DescriptionA deceptively large semi-detached house that has been extended andconverted to provide 4 x large self-contained flats. One flat is currentlylet by way of an AST at £5200pa. The 3 x vacant flats are in need ofrefurbishment but are large in size and once a scheme of work has beencompleted have the potential to be rented circa £550pcm/£6,600pa.There may also be scope to either reconfigure the property to increasethe number of units to let or to split the title and resell each flatindividually on the open market.
AccommodationFlat 1: Ground floor – Living room/kitchen, bedroom, bathroomFlat 2: First floor/second floor – living room, kitchen, bathroom, 2 xbedroomsFlat 3: Second floor/third floor – Living room, bathroom, kitchen, 3 xbedroomsFlat 4: Ground floor – private rear entrance – kitchen, living room,bathroom, 2 x bedroomsOutside: Parking for 3-4 cars to the rear of the property
LocationSituated fronting Crosby Road South close to its junction with DurhamRoad in a prominent main road position. Surrounding amenities includeretail, bars, restaurants and a cinema. The property is situated on amain bus route and is positioned around 4 miles outside of the CityCentre.
Why Buy• 4 x self contained flats• Huge Scope to add value• Close to Waterloo• Potential rental income £26,400pa
35
LOT
44Guide Price* £20,000 - £25,000
RESIDENTIAL 23 Winchester Road, Liverpool, L6 0BR
DescriptionThis is a decent size 2 bedroom mid terrace house that requiresrefurbishment throughout. The property had plenty of potential to addvalue and once a scheme of works have been carried out would be idealas a rental investment.
AccommodationGround floor: Front reception, rear reception, kitchenFirst floor: 2 x bedrooms, bathroomOutside: Yard to rear, on-street parking to front
LocationLocated off Breck Road (A580) and Towsend Lane, in a popular and wellestablished residential location within close proximity to local amenitiesand approximately 3 miles from Liverpool City Centre, on a main busroute.
Why Buy• 2 x Bedrooms• Needs refurbishment• Potential to add value• Good rental location
LOT
43Guide Price* £200,000 Plus
DEVELOPMENT 8a Myers Road West, Liverpool, L23 0RU
DescriptionThis is a great opportunity to purchase a partly built barn conversionwith full planning for 4 x bedrooms and an orangerie to the sideelevation. The building would be ideal for either a developer to finishand re-sell on the open market or as a ‘blank canvas’ for a family homewith scope to finish exactly to personal taste. Very rarely doopportunities like these come up.
LocationAccessed directly from Liverpool Road in a highly sought afterresidential area of Crosby. There are numerous shops, bars, schools andamenities within walking distance, with Crosby Leisure Centre only 1.5miles away. Liverpool City Centre is 6 Miles away.
Why Buy• 4 x Bedroom detached• Part built barn conversion• Full planning permission• Private driveway
36
LOT
45Guide Price* £25,000 Plus76 Linacre Road, Liverpool, L21 6NU COMMERCIAL
DescriptionMid terrace property that is configured to provide a ground floor retailunit and 1 bedroom flat to the upper floors. The property would be idealas a long term investment once a scheme of works was carried out. Theproperty benefits from electric roller shutters and double glazing.
LocationFronting Linacre Road the property is in the middle of a small parade ofshops within a large residential area. There are numerous other shops,bars and amenities within walking distance.
NB - Venmores have not carried out an internal inspection
Why Buy• Retail unit & flat• Good rental area• Close to other amenities• 4.5 miles from Liverpool City Centre
LOT
46Guide Price* £45,000 Plus66 Mere Lane, Liverpool, L5 0QW MIXED USE
DescriptionThis is a good size corner property configured to provide a ground floorretail unit and 3 bedroom flat to the ground and upper floors. Theproperty is currently vacant and does require some updating. Once asmall scheme of work has been carried out the property would be idealas a long term investment for a SIPP fund. If the retail unit was rentedat £100pw and the flat at £450pcm then the total potential annualincome would be £10,600pa.
AccommodationRetail unit: Shop front and storeGround floor: Kitchen, living room, bathroomFirst floor: 3 x bedroomsOutside: Yard to rear, on-street parking to the front
LocationOn the corner of Monk Street and Mere Lane, just off St Domingo Roadand Breckfield Road North. Close to plenty of amenities and shops aswell as only being just over 1.5 miles away from the Royal hospital,Liverpool City Centre and Universities. .
Why Buy• Vacant retail unit• 3 bed flat • Good rental location• Potential income excess £10,000
LOT
47Guide Price* £70,000 Plus
RESIDENTIAL 75 Sandbrook Road, Southport, PR8 3JF
DescriptionThis is a good size 3 bedroom semi-detached house that has beenextended to the rear and finished to a good standard throughout. Theproperty is ready for immediate occupation and would be ideal as afamily home. Benefitting from double glazing, central heating, and largerear garden.
AccommodationGround floor: Entrance hall, front reception, rear open plan diningroom/kitchenFirst floor: 3 x bedrooms, family bathroomOutside: Yard & Garden to front & rear, on-street parking on SandbrookRoad
LocationOnly a short walk from the centre of Ainsdale village with localamenities and rail station.
Why Buy• 3 Bedrooms• Double glazing• Central heating• Extended to rear
Auction Dates 2017/2018
All dates are subject to change
13th December14th February27th March
Now taking instructions for our December 2017 auction,
Demand is highest it’s been for years book early for your 100% free appraisal
37
The city is changing... www.venmoreauctions.co.uk
NEXT AUCTION
13th December 2017Closing date for instructions, 17th November 2017
ACCEPTING INSTRUCTIONS NOW
Call 0151 236 6746 for a free market appraisal
With a data base of thousands of cashbuyers why not try Venmore Auctions asan alternative method of selling.
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The loan for one project that provides funds for the nextOur new refurbishment bridging product is ideal for investors who want to purchase a property, carry out light refurbishments* and then release their investment quickly to move onto the next project.
• Loans from £26,000 to £5,000,000
• LTV up to 75%
• Flexible terms
For more information call 0161 933 7155
Any property used as security, including your home, may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
Light refurbishment includes the replacement or refurbishment of kitchens and
include anything that requires planning permission or structural changes.
*
Telephone Proxy Bidder Form
Date of Auction Lot Number
Type of Bid: PROXY / TELEPHONE (please circle as required)
I hereby instruct and authorise you to bid on my behalf in accordance with the terms and conditions attached hereto
and I understand that should my bid be successful the offer will be binding upon me.
Address of Lot
Maximum Bid Price £ Words
Deposit £ (To be 10% of maximum bid, minimum £2,000)
Buyers fee £750.00 + Vat (£900.00) non-refundable, unless specified differently in Sales Particulars.
TOTAL £ (Cheque enclosed / Card details enclosed)
Purchasers Details
Full Name(s)
Company
Address
Postcode
Mobile Phone number Home/ Business Phone
Solicitors Details
Company Name & Address
Postcode
Phone Number Reference
I authorise the auctioneer to sign the Memorandum of Sale/Contract on my behalf and I recognise that I will then be
the fully bound purchaser of the property referred to above and must complete this transaction within the specified
time in the Conditions of Sale
Signature of the Prospective Purchaser
Date
Telephone Bidders Note1) A member of staff will attempt to contact the bidder by telephone prior to the lot concerned being offered for sale. If it is impossible to obtain telephone
contact, or the line breaks down, the auctioneer is authorised to continue to bid on behalf of the telephone bidder up to the maximum bid stated on this form.
2) Should the telephone bidder exceed the bidding price stated on this form, the balance of the deposit must be forwarded to the auctioneers promptly.
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All prospective bidders wishing to bid by telephone or proxy shouldcomplete and sign the Telephone/Proxy Bidding Form attached.The bidder shall have had sight of and accept the terms of the SaleMemorandum which will form part of the contract should their bidbe successful.
The Auctioneer reserves the right to refuse a bid on behalf of theTelephone/proxy bidder should there by any confusion as to theMaximum Bid Price or with any error in the accompanying cheque.
A separate form must be completed for each Lot the bidder wishesto bid on.
The completed form(s) must be delivered to Venmore Auctions,Imperial Buildings, 9 Dale Street, Liverpool, L2 2SH by hand or postno later than 24 hours prior to the auction commencing.
Any agreed alteration to any telephone/proxy bidding form at anytime, prior to, or on the day of the auction, must be done so inwriting and prior to the commencement of the auction.
The telephone/proxy bidder must provide a banker’s draft,solicitor’s client account cheque, person or company cheque, whichmust be drawn upon a UK clearing bank account of the buyer andbe for 10% of the maximum bid or £2,000, which ever is thegreater, to be made payable to Venmore Auctions. Alternativelythe bidder can supply credit or debit card details to the auctiondepartment who will deduct the deposit from the card uponexchange of contracts.
The telephone/proxy bidder appoints the Auctioneer as agent andauthorises the Auctioneer to bid for the relevant Lot on behalf ofthe telephone/proxy bidder in such manner as the Auctioneerthinks fit up to the Maximum Bid Price.
The telephone/proxy bidder shall be considered to have inspectedthe Auction particulars for the relevant Lot, the general terms andconditions of sale, the Special Conditions of sale and anyamendments or addendums to any of these and to have fullknowledge thereof.
The telephone/proxy bidder authorises the Auctioneer or any dulyauthorised employee of Venmore Auctions as the proxy bidder’sagent to sign the Sale Memorandum incorporating all such mattersat or after the auction.
The telephone/proxy bidder shall be deemed to have taken allnecessary professional and legal advice and to have made theappropriate enquiries, searches, surveys and inspections in respectof any relevant Lot and has knowledge of any announcementsmade from the rostrum of any amendment or addendum relatingto the relevant Lot.
Venmore Auctions reserve the right not to bid on behalf of thetelephone/proxy bidder in the event of any error, doubt oromission, uncertainty as to any bid, or for whatever reason, and
give no warranty or agreement that any bid will be made on behalfof the bidder and accept no liability if no bid is made on behalf ofthe bidder for any Lot.
In the event that the telephone/proxy bidder is successful theAuctioneer will sign the Sale Memorandum on behalf of the seller(a binding contract between the seller and buyer is formed on thefall of the hammer) and forward the seller’s signed part of thecontract to the bidder’s solicitor.
In the event that the lot is knocked down to the proxy bidder,details of the amount of the deposit monies shall be inserted intothe Sale Memorandum. Where any cheque presented by a bidderin payment of the deposit exceeds the required 10% any excesswill not be returned and will form an increased deposit and will beheld in accordance with the general terms and conditions of saleor any variations on them contained in the special conditions.
The telephone/proxy bidder will be advised if the relevant Lot hasbeen successfully purchased on his behalf as soon as possible afterthe auction. In the event that the proxy bidder is unsuccessful atthe auction, the deposit cheque or bankers draft shall be returnedpromptly by the Auctioneer to the proxy bidder.
The Auctioneer reserves the right to bid himself or through anagent up to the reserve price for the Lot.
Unless the relevant Lot is sold to the telephone/proxy bidder, theamount of the telephone/proxy bidders bid will not be disclosed tothe Seller or any other person either during or after the sale withoutthe telephone/proxy bidders consent.
Telephone/Proxy bidders are advised to contact Venmore Auctionsimmediately prior to the Auction to ensure that there are noamendments to the particulars of sale or conditions relating to therelevant Lot or other matters relating to it. The telephone/proxybidder will be deemed to have knowledge of such amendmentsand will buy subject to them in any event.
If the telephone/proxy bidder wished to attend the Auction andbid in person they must notify the Auctioneer in writing and theAuctioneer will not make any bids on their behalf.
Two forms of identification in accordance with Money LaunderingRegulations must be submitted with all Proxy Bidding Forms. Fordetails of identification accepted please visit the websitewww.venmoreauctions.co.uk. Details are also available within theauction catalogue.
Successful bidders will also be required to pay a non-refundableBuyer’s administration fee in the sum of £900.00 incl of VAT(unless specified differently in sales particulars) for each Lotpurchased.
Please note all cheques are to be made payable to VenmoreAuctions.
Terms and Conditions for Telephone and Proxy Bidders
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Common Auction Conditions (Third Edition)
INTRODUCTIONThe common auction conditions have three mainsections1. GlossaryThis gives special meanings to some words used in therest of the conditions2. Auction Conduct ConditionsThe Auction Conduct Conditions govern therelationship between the auctioneer and anyone whohas a catalogue, or who attends or bids at the auction.They cannot be changed without the auctioneer’sagreement.3. Sale ConditionsThe Sale Conditions govern the agreement betweeneach seller and buyer. They include general conditionsof sale and template forms of special conditions of sale,tenancy and arrears schedules and sale memorandum.
IMPORTANT NOTICEA prudent buyer will, before bidding for a lot at anauction:• Take professional advice from a conveyancer and, inappropriate cases, a chartered surveyor and anaccountant
• Read the conditions• Inspect the lot• Carry out usual searches and make usual enquiries• Check the content of all available leases and otherdocuments relating to the lot
• Check that what is said about the lot in thecatalogue is accurate
• Have finance available for the deposit and purchaseprice
• Check whether VAT registration and election isadvisable.
The conditions assume that the buyer has acted like aprudent buyer. If you choose to buy a lot withouttaking these normal precautions you do so at your ownrisk.
GLOSSARYThis glossary applies to the auction conduct conditionsand the sale conditions.Wherever it makes sense:• singular words can be read as plurals, and plurals assingular words;
• a person includes a corporate body;• words of one gender include the other genders;• references to legislation are to that legislation as itmay have been modified or re-enacted by the dateof the auction or the contract date (as applicable);and
• where the following words printed in bold black typeappear in bold type they have the specifiedmeanings.
Actual completion dateThe date when completion takes place or is treated astaking place for the purposes of apportionment andcalculating interest.AddendumAn amendment or addition to the conditions or to theparticulars or to both whether contained in asupplement to the catalogue, a written notice from theauctioneers or an oral announcement at the auction.Agreed completion dateSubject to condition G9.3:(a) the date specified in the special conditions; or(b) if no date is specified, 20 business days after thecontract date;but if that date is not a business day the firstsubsequent business day.Approved financial institutionAny bank or building society that has signed up to theBanking Code or Business Banking Code or is otherwiseacceptable to the auctioneers.ArrearsArrears of rent and other sums due under the tenanciesand still outstanding on the actual completion date.Arrears scheduleThe arrears schedule (if any) forming part of the specialconditions.AuctionThe auction advertised in the catalogue.Auction conduct conditionsThe conditions so headed, including any extra auctionconduct conditions.AuctioneersThe auctioneers at the auction.Business dayAny day except (a) a Saturday or a Sunday; (b) a bankholiday in England and Wales; or (c) Good Friday orChristmas Day.
BuyerThe person who agrees to buy the lot or, if applicable,that person’s personal representatives: if two or moreare jointly the buyer their obligations can be enforcedagainst them jointly or against each of themseparately.CatalogueThe catalogue to which the conditions refer includingany supplement to it.CompletionUnless otherwise agreed between seller and buyer (ortheir conveyancers) the occasion when both seller andbuyer have complied with their obligations under thecontract and the balance of the price is unconditionallyreceived in the seller’s conveyancer’s client account.ConditionOne of the auction conduct conditions or salesconditions. The contract by which the seller agrees tosell and the buyer agrees to buy the lotContractThe contract by which the seller agrees to sell and thebuyer agrees to buy the lot.Contract dateThe date of the auction or, if the lot is not sold at theauction:(a) the date of the sale memorandum signed by boththe seller and buyer; or(b) if contracts are exchanged, the date of exchange.If exchange is not effected in person or by anirrevocable agreement to exchange made bytelephone, fax or electronic mail the date of exchangeis the date on which both parts have been signed andposted or otherwise placed beyond normal retrieval.DocumentsDocuments of title (including, if title is registered, theentries on the register and the title plan) and otherdocuments listed or referred to in the special conditionsrelating to the lot.Financial chargeA charge to secure a loan or other financial indebtness(not including a rentcharge).General conditionsThat part of the sale conditions so headed, includingany extra general conditions.Interest rateIf not specified in the special conditions, 4% above thebase rate from time to time of Barclays Bank plc. (Theinterest rate will also apply to judgment debts, ifapplicable.) LotEach separate property described in the catalogue or(as the case may be) the property that the seller hasagreed to sell and the buyer to buy (including chattels,if any).Old arrearsArrears due under any of the tenancies that are notnew tenancies as defined by the Landlord and Tenant(Covenants) Act 1995.ParticularsThe section of the catalogue that contains descriptionsof each lot (as varied by any addendum).PractitionerAn insolvency practitioner for the purposes of theInsolvency Act 1986 (or, in relation to jurisdictionsoutside the United Kingdom, any similar official).PriceThe price that the buyer agrees to pay for the lot.Ready to completeReady, willing and able to complete: if completionwould enable the seller to discharge all financialcharges secured on the lot that have to be dischargedby completion, then those outstanding financialcharges do not prevent the seller from being ready tocomplete.Sale conditionsThe general conditions as varied by any specialconditions or addendum.Sale memorandumThe form so headed (whether or not set out in thecatalogue) in which the terms of the contract for thesale of the lot are recorded.SellerThe person selling the lot. If two or more are jointly theseller their obligations can be enforced against themjointly or against each of them separately.Special conditionsThose of the sale conditions so headed that relate tothe lot.TenanciesTenancies, leases, licences to occupy and agreementsfor lease and any documents varying or supplementalto them.
Tenancy scheduleThe tenancy schedule (if any) forming part of thespecial conditionsTransferTransfer includes a conveyance or assignment (and totransfer includes to convey or to assign).TUPEThe Transfer of Undertakings (Protection ofEmployment) Regulations 2006.VATValue Added Tax or other tax of a similar nature.VAT optionAn option to tax.We (and us and our)The auctioneers.You (and your)Someone who has a copy of the catalogue or whoattends or bids at the auction, whether or not a buyer.
AUCTION CONDUCT CONDITIONSA1 IntroductionA1.1 Words in bold blue type have special meanings,which are defined in the Glossary.A1.2 The catalogue is issued only on the basis that youaccept these auction conduct conditions. They governour relationship with you and cannot be disapplied orvaried by the sale conditions (even by a conditionpurporting to replace the whole of the CommonAuction Conditions). They can be varied only if weagree.A2 Our roleA2.1 As agents for each seller we have authority to:(a) prepare the catalogue from information suppliedby or on behalf of each seller;(b) offer each lot for sale;(c) sell each lot;(d) receive and hold deposits;(e) sign each sale memorandum; and(f) treat a contract as repudiated if the buyer fails tosign a sale memorandum or pay a deposit as requiredby these auction conduct conditions.A2.2 Our decision on the conduct of the auction is final.A2.3 We may cancel the auction, or alter the order inwhich lots are offered for sale. We may also combineor divide lots. A lot may be sold or withdrawn from saleprior to the auction.A2.4 You acknowledge that to the extent permitted bylaw we owe you no duty of care and you have no claimagainst us for any loss.A3 Bidding and reserve pricesA3.1 All bids are to be made in pounds sterlingexclusive of any applicable VAT. A3.2 We may refuse to accept a bid. We do not haveto explain why.A3.3 If there is a dispute over bidding we are entitledto resolve it, and our decision is final.A3.4 Unless stated otherwise each lot is subject to areserve price (which may be fixed just before the lot isoffered for sale). If no bid equals or exceeds thatreserve price the lot will be withdrawn from the auction.A3.5 Where there is a reserve price the seller may bid(or ask us or another agent to bid on the seller’s behalf)up to the reserve price but may not make a bid equalto or exceeding the reserve price. You accept that it ispossible that all bids up to the reserve price are bidsmade by or on behalf of the seller.A3.6 Where a guide price (or range of prices) is giventhat guide is the minimum price at which, or range ofprices within which, the seller might be prepared to sellat the date of the guide price. But guide prices maychange. The last published guide price will normally beat or above any reserve price, but not always – as theseller may fix the final reserve price just before biddingcommences.A4 The particulars and other informationA4.1 We have taken reasonable care to prepareparticulars that correctly describe each lot. Theparticulars are based on information supplied by or onbehalf of the seller. You need to check that theinformation in the particulars is correct. A4.2 If the special conditions do not contain adescription of the lot, or simply refer to the relevant lotnumber, you take the risk that the descriptioncontained in the particulars is incomplete or inaccurate,as the particulars have not been prepared by aconveyancer and are not intended to form part of alegal contract.A4.3 The particulars and the sale conditions maychange prior to the auction and it is your responsibilityto check that you have the correct versions.A4.4 If we provide information, or a copy of adocument, provided by others we do so only on thebasis that we are not responsible for the accuracy of
that information or document.A5 The contractA5.1 A successful bid is one we accept as such(normally on the fall of the hammer). This condition A5applies to you if you make the successful bid for a lot.A5.2 You are obliged to buy the lot on the terms of thesale memorandum at the price you bid plus VAT (ifapplicable).A5.3 You must before leaving the auction:(a) provide all information we reasonably need fromyou to enable us to complete the sale memorandum(including proof of your identity if required by us);(b) sign the completed sale memorandum; and(c) pay the deposit.A5.4 If you do not we may either:(a) as agent for the seller treat that failure as yourrepudiation of the contract and offer the lot for saleagain: the seller may then have a claim against you forbreach of contract; or(b) sign the sale memorandum on your behalf.A5.5 The deposit:(a) is to be held as stakeholder where VAT would bechargeable on the deposit were it to be held as agentfor the seller, but otherwise is to be held as stated in thesale conditions; and(b) must be paid in pounds sterling by cheque or bybankers’ draft made payable to us on an approvedfinancial institution. The extra auction conductconditions may state if we accept any other form ofpayment.A5.6 We may retain the sale memorandum signed byor on behalf of the seller until the deposit has beenreceived in cleared funds.A5.7 If the buyer does not comply with its obligationsunder the contract then:(a) you are personally liable to buy the lot even if youare acting as an agent; and(b) you must indemnify the seller in respect of any lossthe seller incurs as a result of the buyer’s default.A5.8 Where the buyer is a company you warrant thatthe buyer is properly constituted and able to buy thelot.A6 Extra Auction Conduct ConditionsA6.1 Despite any special condition to the contrary theminimum deposit we accept is £1,500.00 or the totalprice, if less). A special conditionmay, however, requirea higher minimum deposit.GENERAL CONDITIONS OF SALEWords in bold blue type have special meanings, whichare defined in the Glossary.The general conditions (including any extra generalconditions) apply to the contract except to the extentthat they are varied by special conditions or by anaddendum.G1. The lotG1.1 The lot (including any rights to be granted orreserved, and any exclusions from it) is described in thespecial conditions, or if not so described the lot is thatreferred to in the sale memorandum.G1.2 The lot is sold subject to any tenancies disclosedby the special conditions, but otherwise with vacantpossession on completion.G1.3 The lot is sold subject to all matters contained orreferred to in the documents, but excluding anyfinancial charges: these the seller must discharge on orbefore completion.G1.4 The lot is also sold subject to such of the followingas may affect it, whether they arise before or after thecontract date and whether or not they are disclosed bythe seller or are apparent from inspection of the lot orfrom the documents: (a) matters registered or capable of registration as localland charges;(b) matters registered or capable of registration by anycompetent authority or under the provisions of anystatute;(c) notices, orders, demands, proposals andrequirements of any competent authority;(d) charges, notices, orders, restrictions, agreementsand other matters relating to town and countryplanning, highways or public health;(e) rights, easements, quasi-easements, and wayleaves;(f) outgoings and other liabilities;(g) any interest which overrides, within the meaning ofthe Land Registration Act 2002;(h) matters that ought to be disclosed by the searchesand enquiries a prudent buyer would make, whether ornot the buyer has made them; and(i) anything the seller does not and could notreasonably know about.G1.5 Where anything subject to which the lot is soldwould expose the seller to liability the buyer is tocomply with it and indemnify the seller against that
liability.G1.6 The seller must notify the buyer of any notices,orders, demands, proposals and requirements of anycompetent authority of which it learns after thecontract date but the buyer must comply with themand keep the seller indemnified.G1.7 The lot does not include any tenant’s or tradefixtures or fittings.G1.8 Where chattels are included in the lot the buyertakes them as they are at completion and the seller isnot liable if they are not fit for use.G1.9 The buyer buys with full knowledge of:(a) the documents, whether or not the buyer has readthem; and(b) the physical condition of the lot and what couldreasonably be discovered on inspection of it, whetheror not the buyer has inspected it.G1.10 The buyer is not to rely on the informationcontained in the particulars but may rely on the seller’sconveyancer’s written replies to preliminary enquiriesto the extent stated in those replies.G2. DepositG2.1 The amount of the deposit is the greater of: (a)any minimum deposit stated in the auction conductconditions (or the total price, if this is less than thatminimum); and(b) 10% of the price (exclusive of any VAT on theprice).G2.2 The deposit(a) must be paid in pounds sterling by cheque orbanker’s draft drawn on an approved financialinstitution (or by any other means of payment that theauctioneers may accept); and (b) is to be held as stakeholder unless the auctionconduct conditions provide that it is to be held as agentfor the seller.G2.3 Where the auctioneers hold the deposit asstakeholder they are authorised to release it (andinterest on it if applicable) to the seller on completionor, if completion does not take place, to the personentitled to it under the sale conditions.G2.4 If a cheque for all or part of the deposit is notcleared on first presentation the seller may treat thecontract as at an end and bring a claim against thebuyer for breach of contract.G2.5 Interest earned on the deposit belongs to theseller unless the sale conditions provide otherwise.G3. Between contract and completionG3.1 Unless the special conditions state otherwise, theseller is to insure the lot from and including the contractdate to completion and:(a) produce to the buyer on request all relevantinsurance details;(b) pay the premiums when due;(c) if the buyer so requests, and pays any additionalpremium, use reasonable endeavours to increase thesum insured or make other changes to the policy;(d) at the request of the buyer use reasonableendeavours to have the buyer’s interest noted on thepolicy if it does not cover a contracting purchaser;(e) unless otherwise agreed, cancel the insurance atcompletion, apply for a refund of premium and (subjectto the rights of any tenant or other third party) pay thatrefund to the buyer; and(f) (subject to the rights of any tenant or other thirdparty) hold on trust for the buyer any insurancepayments that the seller receives in respect of loss ordamage arising after the contract date or assign to thebuyer the benefit of any claim; and the buyer must on completion reimburse to theseller the cost of that insurance (to the extent notalready paid by the buyer or a tenant or other thirdparty) for the period from and including the contractdate to completion.G3.2 No damage to or destruction of the lot nor anydeterioration in its condition, however caused, entitlesthe buyer to any reduction in price, or to delaycompletion, or to refuse to complete.G3.3 Section 47 of the Law of Property Act 1925 doesnot apply.G3.4 Unless the buyer is already lawfully in occupationof the lot the buyer has no right to enter intooccupation prior to completion.G4. Title and identityG4.1 Unless condition G4.2 applies, the buyer acceptsthe title of the seller to the lot as at the contract dateand may raise no requisition or objection except inrelation to any matter that occurs after the contractdate.G4.2 If any of the documents is not made availablebefore the auction the following provisions apply:(a) The buyer may raise no requisition on or objectionto any of the documents that is made available before
the auction.(b) If the lot is registered land the seller is to give to thebuyer within five business days of the contract date anofficial copy of the entries on the register and title(c) If the lot is not registered land the seller is to giveto the buyer within five business days an abstract orepitome of title starting from the root of titlementioned in the special conditions (or, if none ismentioned, a good root of title more than fifteen yearsold) and must produce to the buyer the original or anexamined copy of every relevant document.(d) If title is in the course of registration, title is toconsist of certified copies of:(i) the application for registration of title made to theland registry;(ii) the documents accompanying that application;(iii) evidence that all applicable stamp duty land taxrelating to that application has been paid; and(iv) a letter under which the seller or its conveyanceragrees to use all reasonable endeavours to answer anyrequisitions raised by the land registry and to instructthe land registry to send the completed registrationdocuments to the buyer.(e) The buyer has no right to object to or makerequisitions on any title information more than sevenbusiness days after that information has been given tothe buyer.G4.3 Unless otherwise stated in the special conditionsthe seller sells with full title guarantee except that (andthe transfer shall so provide):(a) the covenant set out in section 3 of the Law ofProperty (Miscellaneous Provisions) Act 1994 shall notextend to matters recorded in registers open to publicinspection; these are to be treated as within the actualknowledge of the buyer; and(b) the covenant set out in section 4 of the Law ofProperty (Miscellaneous Provisions) Act 1994 shall notextend to any condition or tenant’s obligation relatingto the state or condition of the lot where the lot isleasehold property.G4.4 The transfer is to have effect as if expressly subjectto all matters subject to which the lot is sold under thecontract.G4.5 The seller does not have to produce, nor may thebuyer object to or make a requisition in relation to, anyprior or superior title even if it is referred to in thedocuments. G4.6 The seller (and, if relevant, the buyer) mustproduce to each other such confirmation of, orevidence of, their identity and that of their mortgageesand attorneys (if any) as is necessary for the other tobe able to comply with applicable Land Registry Ruleswhen making application for registration of thetransaction to which the conditions apply.G5. TransferG5.1 Unless a form of transfer is prescribed by thespecial conditions:(a) the buyer must supply a draft transfer to the sellerat least ten business days before the agreedcompletion date and the engrossment (signed as adeed by the buyer if condition G5.2 applies) fivebusiness days before that date or (if later) two businessdays after the draft has been approved by the seller;and(b) the seller must approve or revise the draft transferwithin five business days of receiving it from the buyer.G5.2 If the seller remains liable in any respect inrelation to the lot (or a tenancy) following completionthe buyer is specifically to covenant in the transfer toindemnify the seller against that liability.G5.3 The seller cannot be required to transfer the lot toanyone other than the buyer, or by more than onetransfer.G6. CompletionG6.1 Completion is to take place at the offices of theseller’s conveyancer, or where the seller mayreasonably require, on the agreed completion date.The seller can only be required to complete on abusiness day and between the hours of 0930 and1700.G6.2 The amount payable on completion is thebalance of the price adjusted to take account ofapportionments plus (if applicable) VAT and interest.G6.3 Payment is to be made in pounds sterling andonly by:(a) direct transfer to the seller’s conveyancer’s clientaccount; and(b) the release of any deposit held by a stakeholder.G6.4 Unless the seller and the buyer otherwise agree,completion cannot take place until both have compliedwith their obligations under the contract and thebalance of the price is unconditionally received in theseller’s conveyancer’s client account.
G6.5 If completion takes place after 1400 hours for areason other than the seller’s default it is to be treated,for the purposes of apportionment and calculatinginterest, as if it had taken place on the next businessday.G6.6 Where applicable the contract remains in forcefollowing completion.G7. Notice to completeG7.1 The seller or the buyer may on or after the agreedcompletion date but before completion give the othernotice to complete within ten business days (excludingthe date on which the notice is given) making time ofthe essence.G7.2 The person giving the notice must be ready tocomplete.G7.3 If the buyer fails to comply with a notice tocomplete the seller may, without affecting any otherremedy the seller has:(a) terminate the contract; (b) claim the deposit and any interest on it if held by astakeholder;(c) forfeit the deposit and any interest on it;(d) resell the lot; and(e) claim damages from the buyer.G7.4 If the seller fails to comply with a notice tocomplete the buyer may, without affecting any otherremedy the buyer has:(a) terminate the contract; and(b) recover the deposit and any interest on it from theseller or, if applicable, a stakeholder.G8. If the contract is brought to an endIf the contract is lawfully brought to an end:(a) the buyer must return all papers to the seller andappoints the seller its agent to cancel any registrationof the contract; and(b) the seller must return the deposit and any intereston it to the buyer (and the buyer may claim it from thestakeholder, if applicable) unless the seller is entitled toforfeit the deposit under condition G7.3.G9. Landlord’s licenceG9.1 Where the lot is or includes leasehold land andlicence to assign is required this condition G9 applies.G9.2 The contract is conditional on that licence beingobtained, by way of formal licence if that is what thelandlord lawfully requires.G9.3 The agreed completion date is not to be earlierthan the date five business days after the seller hasgiven notice to the buyer that licence has beenobtained.G9.4 The seller must:(a) use all reasonable endeavours to obtain the licenceat the seller’s expense; and(b) enter into any authorised guarantee agreementproperly required.G9.5 The buyer must:(a) promptly provide references and other relevantinformation; and(b) comply with the landlord’s lawful requirements.G9.6 If within three months of the contract date (orsuch longer period as the seller and buyer agree) thelicence has not been obtained the seller or the buyermay (if not then in breach of any obligation under thiscondition G9) by notice to the other terminate thecontract at any time before licence is obtained. Thattermination is without prejudice to the claims of eitherseller or buyer for breach of this condition G9.G10. Interest and apportionmentsG10.1 If the actual completion date is after the agreedcompletion date for any reason other than the seller’sdefault the buyer must pay interest at the interest rateon the price (less any deposit paid) from the agreedcompletion date up to and including the actualcompletion date.G10.2 Subject to condition G11 the seller is not obligedto apportion or account for any sum at completionunless the seller has received that sum in cleared funds.The seller must pay to the buyer after completion anysum to which the buyer is entitled that the sellersubsequently receives in cleared funds.G10.3 Income and outgoings are to be apportioned atactual completion date unless:(a) the buyer is liable to pay interest; and(b) the seller has given notice to the buyer at any timeup to completion requiring apportionment on the datefrom which interest becomes payable by the buyer; inwhich event income and outgoings are to beapportioned on the date from which interest becomespayable by the buyer.G10.4 Apportionments are to be calculated on thebasis that:(a) the seller receives income and is liable for outgoingsfor the whole of the day on which apportionment is tobe made;
(b) annual income and expenditure accrues at an equaldaily rate assuming 365 days in a year, and incomeand expenditure relating to some other period accruesat an equal daily rate during the period to which itrelates; and(c) where the amount to be apportioned is not knownat completion apportionment is to be made byreference to a reasonable estimate and furtherpayment is to be made by seller or buyer as appropriatewithin five business days of the date when the amountis known.G11. ArrearsPart 1 Current rentG11.1 Current rent means, in respect of each of thetenancies subject to which the lot is sold, the instalmentof rent and other sums payable by the tenant inadvance on the most recent rent payment date on orwithin four months preceding completion.G11.2 If on completion there are any arrears of currentrent the buyer must pay them, whether or not detailsof those arrears are given in the special conditions.G11.3 Parts 2 and 3 of this condition G11 do not applyto arrears of current rent.Part 2 Buyer to pay for arrearsG11.4 Part 2 of this condition G11 applies where thespecial conditions give details of arrears.G11.5 The buyer is on completion to pay, in additionto any other money then due, an amount equal to allarrears of which details are set out in the specialconditions.G11.6 If those arrears are not old arrears the seller isto assign to the buyer all rights that the seller has torecover those arrears.Part 3 Buyer not to pay for arrearsG11.7 Part 3 of this condition G11 applies where thespecial conditions:(a) so state; or(b) give no details of any arrears.G11.8 While any arrears due to the seller remainunpaid the buyer must:(a) try to collect them in the ordinary course ofmanagement but need not take legal proceedings orforfeit the tenancy;(b) pay them to the seller within five business days ofreceipt in cleared funds (plus interest at the interest ratecalculated on a daily basis for each subsequent day’sdelay in payment);(c) on request, at the cost of the seller, assign to theseller or as the seller may direct the right to demandand sue for old arrears, such assignment to be in suchform as the seller’s conveyancer may reasonablyrequire;(d) if reasonably required, allow the seller’sconveyancer to have on loan the counterpart of anytenancy against an undertaking to hold it to thebuyer’s order;(e) not without the consent of the seller release anytenant or surety from liability to pay arrears or accepta surrender of or forfeit any tenancy under whicharrears are due; and(f) if the buyer disposes of the lot prior to recovery ofall arrears obtain from the buyer’s successor in title acovenant in favour of the seller in similar form to part3 of this condition G11.G11.9 Where the seller has the right to recover arrearsit must not without the buyer’s written consent bringinsolvency proceedings against a tenant or seek theremoval of goods from the lot.G12. ManagementG12.1 This condition G12 applies where the lot is soldsubject to tenancies.G12.2 The seller is to manage the lot in accordancewith its standard management policies pendingcompletion.G12.3 The seller must consult the buyer on allmanagement issues that would affect the buyer aftercompletion (such as, but not limited to, an applicationfor licence; a rent review; a variation, surrender,agreement to surrender or proposed forfeiture of atenancy; or a new tenancy or agreement to grant anew tenancy) and:(a) the seller must comply with the buyer’s reasonablerequirements unless to do so would (but for theindemnity in paragraph (c)) expose the seller to aliability that the seller would not otherwise have, inwhich case the seller may act reasonably in such a wayas to avoid that liability; (b) if the seller gives the buyer notice of the seller’sintended act and the buyer does not object within fivebusiness days giving reasons for the objection the sellermay act as the seller intends; and(c) the buyer is to indemnify the seller against all lossor liability the seller incurs through acting as the buyer
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requires, or by reason of delay caused by the buyer.G13. Rent depositsG13.1 This condition G13 applies where the seller isholding or otherwise entitled to money by way of rentdeposit in respect of a tenancy. In this condition G13rent deposit deed means the deed or other documentunder which the rent deposit is held.G13.2 If the rent deposit is not assignable the sellermust on completion hold the rent deposit on trust forthe buyer and, subject to the terms of the rent depositdeed, comply at the cost of the buyer with the buyer’slawful instructions.G13.3 Otherwise the seller must on completion payand assign its interest in the rent deposit to the buyerunder an assignment in which the buyer covenantswith the seller to:(a) observe and perform the seller’s covenants andconditions in the rent deposit deed and indemnify theseller in respect of any breach;(b) give notice of assignment to the tenant; and(c) give such direct covenant to the tenant as may berequired by the rent deposit deed.G14. VATG14.1 Where a sale condition requires money to bepaid or other consideration to be given, the payer mustalso pay any VAT that is chargeable on that money orconsideration, but only if given a valid VAT invoice.G14.2 Where the special conditions state that no VAToption has been made the seller confirms that nonehas been made by it or by any company in the sameVAT group nor will be prior to completion.G15. Transfer as a going concernG15.1 Where the special conditions so state:(a) the seller and the buyer intend, and will take allpracticable steps (short of an appeal) to procure, thatthe sale is treated as a transfer of a going concern; and(b) this condition G15 applies.G15.2 The seller confirms that the seller (a) is registeredfor VAT, either in the seller’s name or as a member ofthe same VAT group; and(b) has (unless the sale is a standard-rated supply)made in relation to the lot a VAT option that remainsvalid and will not be revoked before completion.G15.3 The buyer confirms that:(a) it is registered for VAT, either in the buyer’s nameor as a member of a VAT group;(b) it has made, or will make before completion, a VAToption in relation to the lot and will not revoke it beforeor within three months after completion;(c) article 5(2B) of the Value Added Tax (SpecialProvisions) Order 1995 does not apply to it; and(d) it is not buying the lot as a nominee for anotherperson.G15.4 The buyer is to give to the seller as early aspossible before the agreed completion date evidence:(a) of the buyer’s VAT registration;(b) that the buyer has made a VAT option; and(c) that the VAT option has been notified in writing toHM Revenue and Customs; and if it does not producethe relevant evidence at least two business days beforethe agreed completion date, condition G14.1 appliesat completion.G15.5 The buyer confirms that after completion thebuyer intends to:(a) retain and manage the lot for the buyer’s ownbenefit as a continuing business as a going concernsubject to and with the benefit of the tenancies; and(b) collect the rents payable under the tenancies andcharge VAT on them G15.6 If, after completion, it is found that the sale ofthe lot is not a transfer of a going concern then:(a) the seller’s conveyancer is to notify the buyer’sconveyancer of that finding and provide a VAT invoicein respect of the sale of the lot;(b) the buyer must within five business days of receiptof the VAT invoice pay to the seller the VAT due; and(c) if VAT is payable because the buyer has notcomplied with this condition G15, the buyer must payand indemnify the seller against all costs, interest,penalties or surcharges that the seller incurs as a result.G16. Capital allowancesG16.1 This condition G16 applies where the specialconditions state that there are capital allowancesavailable in respect of the lot.G16.2 The seller is promptly to supply to the buyer allinformation reasonably required by the buyer inconnection with the buyer’s claim for capitalallowances.G16.3 The value to be attributed to those items onwhich capital allowances may be claimed is set out inthe special conditions.G16.4 The seller and buyer agree:(a) to make an election on completion under Section
198 of the Capital Allowances Act 2001 to give effectto this condition G16; and(b) to submit the value specified in the specialconditions to HM Revenue and Customs for thepurposes of their respective capital allowancecomputations.G17. Maintenance agreementsG17.1 The seller agrees to use reasonable endeavoursto transfer to the buyer, at the buyer’s cost, the benefitof the maintenance agreements specified in thespecial conditions. G17.2 The buyer must assume, and indemnify theseller in respect of, all liability under such contracts fromthe actual completion date.G18. Landlord and Tenant Act 1987G18.1 This condition G18 applies where the sale is arelevant disposal for the purposes of part I of theLandlord and Tenant Act 1987.G18.2 The seller warrants that the seller has compliedwith sections 5B and 7 of that Act and that therequisite majority of qualifying tenants has notaccepted the offer.G19. Sale by practitionerG19.1 This condition G19 applies where the sale is bya practitioner either as seller or as agent of the seller.G19.2 The practitioner has been duly appointed and isempowered to sell the lot.G19.3 Neither the practitioner nor the firm or anymember of the firm to which the practitioner belongshas any personal liability in connection with the sale orthe performance of the seller’s obligations. The transferis to include a declaration excluding that personalliability.G19.4 The lot is sold:(a) in its condition at completion;(b) for such title as the seller may have; and(c) with no title guarantee; and the buyer has no rightto terminate the contract or any other remedy ifinformation provided about the lot is inaccurate,incomplete or missing.G19.5 Where relevant:(a) the documents must include certified copies ofthose under which the practitioner is appointed, thedocument of appointment and the practitioner’sacceptance of appointment; and(b) the seller may require the transfer to be by thelender exercising its power of sale under the Law ofProperty Act 1925.G19.6 The buyer understands this condition G19 andagrees that it is fair in the circumstances of a sale by apractitioner.G20. TUPEG20.1 If the special conditions state There are noemployees to which TUPE applies, this is a warranty bythe seller to this effect.G20.2 If the special conditions do not state There areno employees to which TUPE applies the followingparagraphs apply:(a) The seller must notify the buyer of those employeeswhose contracts of employment will transfer to thebuyer on completion (the Transferring Employees). Thisnotification must be given to the buyer not less than14 days before completion.(b) The buyer confirms that it will comply with itsobligations under TUPE and any special conditions inrespect of the Transferring Employees.(c) The buyer and the seller acknowledge that pursuantand subject to TUPE, the contracts of employmentbetween the Transferring Employees and the seller willtransfer to the buyer on completion.(d) The buyer is to keep the seller indemnified againstall liability for the Transferring Employees aftercompletion.G21. EnvironmentalG21.1 This condition G21 only applies where thespecial conditions so provide.G21.2 The seller has made available such reports as theseller has as to the environmental condition of the lotand has given the buyer the opportunity to carry outinvestigations (whether or not the buyer has read thosereports or carried out any investigation) and the buyeradmits that the price takes into account theenvironmental condition of the lot.G21.3 The buyer agrees to indemnify the seller inrespect of all liability for or resulting from theenvironmental condition of the lot.G22. Service ChargeG22.1 This condition G22 applies where the lot is soldsubject to tenancies that include service chargeprovisions.G22.2 No apportionment is to be made at completionin respect of service charges.G22.3 Within two months after completion the seller
must provide to the buyer a detailed service chargeaccount for the service charge year current oncompletion showing:(a) service charge expenditure attributable to eachtenancy;(b) payments on account of service charge receivedfrom each tenant;(c) any amounts due from a tenant that have not beenreceived;(d) any service charge expenditure that is notattributable to any tenancy and is for that reasonirrecoverable.G22.4 In respect of each tenancy, if the service chargeaccount shows that:(a) payments on account (whether received or still thendue from a tenant) exceed attributable service chargeexpenditure, the seller must pay to the buyer anamount equal to the excess when it provides theservice charge account;(b) attributable service charge expenditure exceedspayments on account (whether those payments havebeen received or are still then due), the buyer must useall reasonable endeavours to recover the shortfall fromthe tenant at the next service charge reconciliationdate and pay the amount so recovered to the sellerwithin five business days of receipt in cleared funds; butin respect of payments on account that are still duefrom a tenant condition G11 (arrears) applies.G22.5 In respect of service charge expenditure that isnot attributable to any tenancy the seller must pay theexpenditure incurred in respect of the period beforeactual completion date and the buyer must pay theexpenditure incurred in respect of the period afteractual completion date. Any necessary monetaryadjustment is to be made within five business days ofthe seller providing the service charge account to thebuyer.G22.6 If the seller holds any reserve or sinking fund onaccount of future service charge expenditure or adepreciation fund:(a) the seller must pay it (including any interest earnedon it) to the buyer on completion; and(b) the buyer must covenant with the seller to hold it inaccordance with the terms of the tenancies and toindemnify the seller if it does not do so.G23. Rent reviewsG23.1 This condition G23 applies where the lot is soldsubject to a tenancy under which a rent review due onor before the actual completion date has not beenagreed or determined.G23.2 The seller may continue negotiations or rentreview proceedings up to the actual completion datebut may not agree the level of the revised rent orcommence rent review proceedings without the writtenconsent of the buyer, such consent not to beunreasonably withheld or delayed.G23.3 Following completion the buyer must completerent review negotiations or proceedings as soon asreasonably practicable but may not agree the level ofthe revised rent without the written consent of theseller, such consent not to be unreasonably withheld ordelayed.G23.4 The seller must promptly:(a) give to the buyer full details of all rent reviewnegotiations and proceedings, including copies of allcorrespondence and other papers; and(b) use all reasonable endeavours to substitute thebuyer for the seller in any rent review proceedings.G23.5 The seller and the buyer are to keep each otherinformed of the progress of the rent review and haveregard to any proposals the other makes in relation toit.G23.6 When the rent review has been agreed ordetermined the buyermust account to the seller for anyincreased rent seller’s period of ownership within fivebusiness days of receipt of cleared funds.G23.7 If a rent review is agreed or determined beforecompletion but the increased rent and any interestrecoverable from the tenant has not been received bycompletion the increased rent and any interestrecoverable is to be treated as arrears.G23.8 The seller and the buyer are to bear their owncosts in relation to rent review negotiations andproceedings.G24. Tenancy renewalsG24.10 This condition G24 applies where the tenantunder a tenancy has the right to remain in occupationunder part II of the Landlord and Tenant Act 1954 (asamended) and references to notices and proceedingsare to notices and proceedings under that Act.G24.20 Where practicable, without exposing the sellerto liability or penalty, the seller must not without thewritten consent of the buyer (which the buyer must not
unreasonably withhold or delay) serve or respond toany notice or begin or continue any proceedings.G24.30 If the seller receives a notice the seller mustsend a copy to the buyer within five business days andact as the buyer reasonably directs in relation to it.G24.4 Following completion the buyer must:(a) with the co-operation of the seller take immediatesteps to substitute itself as a party to any proceedings;(b) use all reasonable endeavours to conclude anyproceedings or negotiations for the renewal of thetenancy and the determination of any interim rent assoon as reasonably practicable at the best rent or rentsreasonably obtainable; and(c) if any increased rent is recovered from the tenant(whether as interim rent or under the renewed tenancy)account to the seller for the part of that increase thatrelates to the seller’s period of ownership of the lotwithin five business days of receipt of cleared funds.G24.5 The seller and the buyer are to bear their owncosts in relation to the renewal of the tenancy and anyproceedings relating to this.G25. WarrantiesG25.1 Available warranties are listed in the specialconditions.G25.2 Where a warranty is assignable the seller must:(a) on completion assign it to the buyer and give noticeof assignment to the person who gave the warranty;and(b) apply for (and the seller and the buyer must use allreasonable endeavours to obtain) any consent toassign that is required. If consent has not beenobtained by completion the warranty must be assignedwithin five business days after the consent has beenobtained.G25.3 If a warranty is not assignable the seller mustafter completion:(a) hold the warranty on trust for the buyer; and(b) at the buyer’s cost comply with such of the lawfulinstructions of the buyer in relation to the warranty asdo not place the seller in breach of its terms or exposethe seller to any liability or penalty.G26. No assignmentThe buyer must not assign, mortgage or otherwisetransfer or part with the whole or any part of thebuyer’s interest under this contract.G27. Registration at the Land RegistryG27.1 This condition G27.1 applies where the lot isleasehold and its sale either triggers first registration oris a registrable disposition. The buyer must at its ownexpense and as soon as practicable:(a) procure that it becomes registered at Land Registryas proprietor of the lot;(b) procure that all rights granted and reserved by thelease under which the lot is held are properly notedagainst the affected titles; and(c) provide the seller with an official copy of the registerrelating to such lease showing itself registered asproprietor. G27.2 This condition G27.2 applies where the lotcomprises part of a registered title. The buyer must atits own expense and as soon as practicable:(a) apply for registration of the transfer;(b) provide the seller with an official copy and title planfor the buyer’s new title; and(c) join in any representations the seller may properlymake to Land Registry relating to the application.G28. Notices and other communicationsG28.1 All communications, including notices, must bein writing. Communication to or by the seller or thebuyer may be given to or by their conveyancers.G28.2 A communication may be relied on if:(a) delivered by hand; or(b) made electronically and personally acknowledged(automatic acknowledgement does not count); or(c) there is proof that it was sent to the address of theperson to whom it is to be given (as specified in the salememorandum) by a postal service that offers normallyto deliver mail the next following business day.G28.3 A communication is to be treated as received: (a) when delivered, if delivered by hand; or(b) when personally acknowledged, if madeelectronically; but if delivered or made after 1700 hourson a business day a communication is to be treated asreceived on the next business day.G28.4 A communication sent by a postal service thatoffers normally to deliver mail the next followingbusiness day will be treated as received on the secondbusiness day after it has been posted.G29. Contracts (Rights of Third Parties) Act 1999No one is intended to have any benefit under thecontract pursuant to the Contract (Rights of ThirdParties) Act 1999.
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Merseyside Area Map
You can use the map below as a guide to find the location of our properties
CH
WA
WA
L38
L23
L22L21
L30
L31
L33L32
L10L9
L4
L5L3
L2L1
L6
L7L13
L11
L12
L34
L36
L35
L26
L27
L25
L24
L19
L18
L16L15
L17
L8
L14
L20
L29
M58
M57
M62
M53
Want to be the first to know about newinstructions?If you want to be the first to find out about newinstructions then all you need to do is register onlineat www.venmoreauctions.co.uk call one of ourauction team on 0151 236 6746 or speak tosomeone on the day of the auction. All we need is
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Our Branches
Auction DepartmentImperial Buildings, 9 Dale Street,Liverpool, L2 2SHTelephone 0151 236 [email protected]
Survey & ValuationImperial Buildings, 9 Dale Street,Liverpool, L2 2SHTelephone 0151 236 [email protected]
Property ManagementImperial Buildings, 9 Dale Street,Liverpool, L2 2SHTelephone 0151 236 [email protected]
Allerton Office8-10 Allerton Road,Allerton, L18 1LNTelephone 0151 733 [email protected]
City OfficeImperial Buildings, 9 Dale Street,Liverpool, L2 2SHTelephone 0151 236 [email protected]
Commercial DepartmentImperial Buildings, 9 Dale Street,Liverpool, L2 2SHTelephone 0151 243 5325
Moreton256 Hoylake Road, MoretonWirral, CH46 6AFTelephone 0151 678 [email protected]
Bebington6 Church Road, BebingtonWirral, CH63 7PHTelephone 0151 645 [email protected]
Bromborough10 Allport Lane, BromboroughWirral, CH62 7HPTelephone 0151 334 [email protected]
West Kirby18 The Crescent, West KirbyWirral, CH48 4HNTelephone 0151 625 [email protected]
Heswall7 Pensby Road, HeswallWirral, CH60 7RATelephone 0151 348 [email protected]
Prenton357 Woodchurch RoadPrenton, Wirral, CH42 8PETelephone 0151 608 [email protected]
Chester20 Grosvenor StreetChester, CH1 2DDTelephone 01244 88 66 [email protected]
Our offices cover Liverpool, Southport & WirralTrading as Venmore in Liverpool, Ball & Percival in Southport and Bradshaw Farnham & Lea in Wirral, we believe this offersour clients a much broader service and the ability to deal with the same agent even if moving slightly further afield
Southport Office132 Lord Street,Southport, PR9 0AETelephone 01704 536 [email protected]
Ainsdale Office36/38 Station Road,Ainsdale, PR8 3HSTelephone 01704 574 224
“Venmoresprovided us with afirst class serviceand dealt with theviewings on ourproperty in anexpert manner.We completedwithin 4 weeks!Thank you for
making our moveso painless!”
Mr & Mrs Wallis, Allerton
