We d n e s d ay 2 8 t h S e p t e m b e r 2 0 1 6 a t 2 p m
Grosvenor House, 86-90 Park Ln, London W1K 7TN
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P RO P E RT Y AU C T I O N S
L o n d o n & N at i o n a l
A u c t i o n Ve n u e
GrosvenorHouse
86-90 Park Ln,
London
W1K 7TN
Date
We d n e s d ay 2 8 t h S e p t e m b e r 2 0 1 6
at 2:00 PM
Tr a n s p o r t
Tu b e S t a t i o n :
Marble Arc h (Central Line)
Bond Street (Central & Jubilee Line)
Next Auction
Date
2 3 r d N ov e m b e r 2 0 1 6
Closing Date
2 n d N ov e m b e r 2 0 1 6
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P RO P E RT Y AU C T I O N S
L o n d o n & N at i o n a l
M e e t t h e Te a m
Founder / Director
Eram Ayub
Commercial Director
Milton Rodosthenous
The Consultant
Mani Yousaf
The Auctioneer
Nigel R. Bone
FRICS, NRB, Chartered Surveyor
The Consultant
Everton D McCalla
P RO P E RT Y AU C T I O N S
L o n d o n & N at i o n a l
RESIDENTIAL AND
C O M M E RC I A L
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P RO P E RT Y AU C T I O N S
L o n d o n & N at i o n a l
Money Laundering Regulations
B u y e r ’s P r o o f o f I d e n t i t y
IMPORTANT INFORMATION In order to conform with the Money Laundering Regulations, all prospective purchasers must provide proof of identity to the Auctioneers at the time that they register to bid immediately prior to the auction.
Each purchaser must bring one document from each of the two lists below:
Personal Identification:
u ent i ned ss o t o
u ent
i in i ense o
nl nd Re enue
oti i tion o
ie
s e ti i te
Proof of Address:
u li tilit ill issued ithin the l st th ee onths o
o l utho it
ill o
n uildin o iet o
edit nion t te ent ont inin u ent dd ess o
he ost e ent o i in l Mo t e t te ent o
u ent
i in i ense i not used s n identit do u ent
N O T E – O N LY O R I G I N A L D O C U M E N T S A R E A C C E P TA B L E U N L E S S
C E RT I F I E D C O P I E S A R E S U P P L I E D B Y YO U R S O L I C I TO R S .
IN ADDITION
ou e tin s
on eh l o nothe
t ou ill e e ui ed to o ide the do u ents det iled o e oth o
ou sel es he ent nd the in i l s ell s o idin
lid lette o utho it o the in i l utho i in ou to
bid on their behalf.
idde is tin on eh l o
M
the o e do u ents ill still e e ui ed lon ith itten utho it o
the
M
CASH WILL NOT BE ACCEPTED FOR PAYMENT OF THE DEPOSIT. DEPOSITS MAY ONLY BE PAID BY A
BANKERS DRAFT, A BUILDING SOCIETY CHEQUE, A COMPANY CHEQUE OR PERSONAL CHEQUE.
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P RO P E RT Y AU C T I O N S
L o n d o n & N at i o n a l
Impor tant notes to prospective buyers
Guide Price This is an indication of the seller’s current minimum
acceptable price either prior to or at auction. The guide price or range of
guide prices is given to assist consumers in deciding whether or not to
pursue a purchase. It is usual, but not always the case, that a provisional
reserve range is agreed between the seller and the auctioneer at the start of
marketing. As the reserve is not fixed at this stage and can be adjusted by
the seller at any time up to the day of the auction in the light of interest
shown during the marketing period, a guide price is issued. This guide
price can be shown in the form of a minimum and maximum price range
within which an acceptable sale price (reserve) would fall, or as a single
price figure within 10% of which the minimum acceptable price (reserve)
would fall. It is not a valuation and, as such, should not be relied upon by
prospective purchasers who should obtain their own professional advise on
values. A guide price is different to a reserve price (see below definition).
Both the guide price and the reserve price can be subject to change up to
and including the day of the auction.
Reserve Price Each property is subject to a reserve price. This is the
seller’s minimum acceptable price at auction and the figure below which
the auctioneer cannot sell. The reserve price is not disclosed and remains
confidential between the seller and the auctioneer. Both the guide price
and the reserve price can be subject to change up to and including the day
of the auction.
Bidding by Proxy or by Telephone If you are unable to attend the
auction for any reason you may care to make use of our special arrangements for bidding by proxy or by telephone. Please see the bidding form
and conditions at the end of this catalogue.
Property Descriptions Some of the properties in the catalogue will not
have been inspected by Lansdowne Auctions. The descriptions will have
been obtained from our local partner agents for and on behalf of the seller.
Prospective purchasers will need to rely on their own enquiries as to the
accuracy of the descriptions as per the terms of the Common Auction
Conditions of Sale also printed in this catalogue.
Plans and Photographs The plans and photographs published in the
catalogue are there to aid identification of the property only. The plans are
not to scale.
Legal Packs A Legal Pack will be prepared for each property by the
Sellers’ solicitors. It will generally consist of the Memorandum of Sale,
Special Conditions of Sale, the Local Search (if and when available), the
Land Registry Search, the Epitome of Title and a copy of any lease affecting
the property. The pack is available online or may be inspected during
normal office hours at the Auctioneers’ offices from the date it is received
by them. It may also be inspected in the auction room on the day of the
auction. All lots are sold subject to all matters referred to in the legal pack
and purchasers are deemed to buy with full knowledge of all the legal pack
documents whether or not they have read them. It is important that either
you or your solicitor inspects this pack prior to auction. The auctioneers
will not have inspected any of the legal documents and cannot give any
advice or opinion thereon. To download legal packs for free please visit our
website, www.lansdowneauctions.co.uk. If you have downloaded the legal
pack, it is your responsibility to check back regularly online and to check
the legal pack in the auction room on the auction day as documents can be
added to or amended at any time by the sellers solicitors.
Pre-Auction Sales Offers made on property included in this catalogue
may be accepted by the seller before the auction. It is therefore important
that you register your interest in any particular property. We are obliged by
law to inform the sellers of any offers made prior to the auction.
There are occasions when properties will be sold or withdrawn before
auction. Neither the Auctioneers nor the seller will be liable for any claim
for compensation from a prospective buyer arising out of a sale or
withdrawal of a property prior to auction.
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Do ring us on the day before the auction to check whether the property
that you are interested in is still on offer. At the same time you may ask
for any modifications that there may be to the information in the
catalogue. This information will be available on the day of the auction as
a Catalogue Supplement.
Attending the Auction It is always wise to give yourself plenty of
time to get to the auctions, which start promptly. Important announcements are made at the start of the auction which could relate to the
property you are interested in. Legal packages for all the properties are
available for inspection prior to the auction and it is important that you
inspect these.
Purchaser’s Proof of Identity In order to conform to the Money
Laundering Regulations, we ask all prospective purchasers to provide
proof of identity at registration which takes place immediately prior to
the auction. Please bring to the auction your passport and either a UK
driving licence, a current public utility bill, a bank statement or a Local
Authority tax bill.
Solicitors’ Details Bring with you the name, address and telephone
number of the solicitors who will be acting for you to see you through
from exchange of contracts to completion.
Deposit When you buy a property, you will be asked to come to the
settling desk to sign the Memorandum of Sale in duplicate. At that time
you will be asked to provide a deposit. This will be 10% of the purchase
price or a minimum of £2,000 (i.e. properties sold for less than £20,000
will have a minimum deposit of £2,000). Some variations to these
figures may occur to accord with individual vendor’s requirements.
Check with the Auctioneers before you come to the auction as to the
deposit required regarding the property of your choice. Deposits can
only be paid by a Bankers Draft, Building Society Cheque, Company
Cheque or Personal Cheque & Credit / Debit Card.
Administration Charge In addition to the deposit payable upon
exchange of contracts, buyers will be required to pay an administration
charge of £550 plus VAT paid by cheque. A full VAT receipt will be issued
at the auction or the day after exchange of contracts with pre or
post-auction sales.
The Contract Once the Memorandum of Sale has been completed,
you will be asked to sign two copies, one will be given to you, together
with a copy of the legal pack, which you must then take to your
solicitors. The second copy and deposit are retained for the seller’s
solicitors. Completion will usually take place in 20 working days, but
this date can vary depending upon the seller’s requirements.
Auction Conditions of Sale It is important that you read the
Common Auction Conditions of Sale (or separate General Condition of
Sale applicable to Scottish Lots) printed towards the end of this
catalogue. Some sellers’ solicitors may replace these with other General
Conditions of Sale instead and you should take care which set applies to
the property you are interested in by checking them in the Legal Pack.
Addendum The particulars of any property included in the auction
may require amendment or alteration and this information is contained
in an addendum which will be available at the auction, and which will be
referred to by the Auctioneer prior to the commencement of the
auction. Purchasers will buy on the understanding that they are fully
aware of the information contained in the addendum.
Post Auction Sales If a property you are interested in is not sold at
auction, you may talk with the staff at the auction and make an offer. This
will be put to the seller for his decision and, if you are successful, you
will be asked to complete the Memorandum and pay the required
deposit.
P RO P E RT Y AU C T I O N S
L o n d o n & N at i o n a l
Order of Sale
28th Sep t
Resi den ti al
LOT
AREA
GUIDE PRICE
1
Land at Appleby Dr ive, Romford, Essex, RM3 7SH
Romford
£12,000
2
86 Reighton Road, Hac kney, London, E5 8SG
London
£820,000
3
Flat 57 Audley Cour t, 1 Forge Way,
Southend-on-Sea, Essex, SS1 2ZS
Southend-on-Sea
£125,000
Flat 39 Audley Cour t, 1 Forge Way,
Southend-on-Sea, Essex, SS1 2ZS
Southend-on-Sea
£150,000
5
28B Plashet Road, London, E13 0PU
London
£210,000
6
176 Tunmar sh Lane, Plaistow, London, E13 9NG
London
£190,000
7
176A Tunmar sh Lane, Plaistow, London, E13 9NG
London
£210,000
8
231 Wigan House, Warwic k Grove,
Hac kney, London, E5 9JB
London
£320,000
Flat, 10A Coldharbour Lane, Camberwell,
London, SE5 9PR
London
£160,000
10
18A Ash Grove, London, NW2 3LL
London
£350,000
11
Unit 9, Beddington Far m Road,
Valley Point Industrial Estate, Croydon, Surrey, CR0 4WP
£390,000
Croyden
12
Flat 3, 30 Vicar s Hill, London, SE13 7JL
London
£240,000
13
Flat 3 The Galler ies, 9 Abbey Road,
St. Johns Wood, London, NW8 9AQ
London
£1,950,000
Flat 8 Woodfield House, Rossington Street,
Clapton, London, E5 8SX
London
£300,000
Flat 8 Chessington Mansions,
14 Albany Road, London, E10 7EW
London
£190,000
16
165 Hale End Road, Walthamstow, London, E17 4DX
London
£400,000
17
236 Tideslea Path, Thamesmead, London, SE28 0NH
London
£190,000
18
40 Tideslea Path, Thamesmead, London, SE28 0LY
London
£190,000
19
86 Stanley Road, Ilford, Essex, IG1 1RQ
Ilford
£380,000
20
33 Lansdowne Road, Bronhill Ter race,
Tottenham, London, N17 0LN
London
£225,000
4
9
14
15
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P RO P E RT Y AU C T I O N S
L o n d o n & N at i o n a l
Ord er of S a l e
2 8 th S ep t
R e side n t ia l
LOT
AREA
GUIDE PRICE
21
78 Park Lane, Tottenham, London, N17 0JR
London
£175,000
22
32 Broomfield, Walthamstow, London, E17 8DZ
London
£375,000
23
Flat 8 St. Andrews Chamber s, Wells Street,
Fitzrovia, London, W1T 3PJ
London
£620,000
21 Waterloo Road, Smethwic k,
West Midlands, B66 4JU
Bir mingham
£400,000
Flat 2, 15 Her mon Hill, Leytonstone,
London, E11 2AR
London
£220,000
Flat 5, 15 Her mon Hill, Leytonstone,
London, E11 2AR
London
£215,000
Flat 7, 15 Her mon Hill, Leytonstone,
London, E11 2AR
London
£380,000
28
50 Chingford Mount Road, London, E4 9AB
London
£65,000
29
77 Byron Road, Wembley, Middlesex, HA0 3PB
London
£475,000
30
533 High Road Leytonstone, London, E11 4PB
London
£250,000
31
39-40 Baxter Gate, Loughborough,
Leicester shire, LE11 1TQ
Loughborough
£220,000
32
185A Town Road, Edmonton, London, N9 0HL
London
£220,000
33
226 Lea Br idge Road, Leyton, London, E10 7LN
London
£220,000
34
Flat 12 Llandover y House, Chipka Street,
Isle of Dogs, London, E14 3LE
London
£395,000
Flat 22 Montfor t House, Galbraith Street,
Isle of Dogs, London, E14 3HE
London
£270,000
Flat 17 Grover Cour t, Loampit Hill,
Lewisham, London, SE13 7ST
London
£280,000
111 - 117 Whipps Cross Road, Leytonstone,
London, E11 1NW
London
£20,000
24
25
26
27
35
36
37
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BRIDGING
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BRIDGING
BRIDGE
TO-LET
1
Land at Appleby Drive, Romford Essex RM3 7SH
*Guide Price: £12,000
A Vacant Freehold Single Storey Lock Up Units.
Parking Space and Land Development Potential
Subject To Planning Permission.
Tenure
Freehold.
Location
The property is situated on Appleby Drive which is located on bus links to rail station, shops and
amenities but still with the rural feel of the local parks and woodland.
Harold Wood (1.5 mi)
Gidea Park (1.8 mi)
Romford (2.6 mi)
Description
The property comprises of a freehold single storey Lock Up units.
Viewings
Refer To Auctioneer.
www.lansdowneauctions.co.uk
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Reighton Road, Hackney, London, E SG
*Guide Price: £ 20,000
A Vacant Five to Six edroom Mid terrace House.
Tenure
Freehold
Location
The property is situated ust moments from Rectory Road and lapton verground stations, providing swift ity access, as well as a host of vibrant amenities
on toke ewington hurch treet, hatsworth and Lower lapton Roads, and the leafy green spaces of Hackney Downs.
lapton tation ( . mi)
Rectory Road tation ( . mi)
Description
The property comprises of a vacant five to si bedroom mid terrace house.
Viewings
Refer To Auctioneer
www.lansdowneauctions.co.uk
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Flat 7 Audley ourt, 1 Forge
Essex SS1 2 S
ay, Southend on Sea
*Guide Price: £12 ,000
A ne edroom Flat Subject to an Assured
Shorthold Tenancy Producing Approximately
£ , 00 per annum.
Tenure
Leasehold. There are appro imately 112 years remaining on the lease.
Location
The property is situated on Forge Way in a seafront location within easy reach of the town centre
shopping facilities. The property is close to outhchurch Park, mainline railway stations to London
and London outhend Airport with good local road transport links.
outhend ast ( .5 miles)
outhend entral ( .8 miles)
outhend ictoria (1. miles)
Description
The property comprises of a one bedroom flat.
Accommodation
Lounge, itchen, Hallway, edroom, athroom W .
Viewings
Refer to Auctioneer.
www.lansdowneauctions.co.uk
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Flat 3 Audley ourt, 1 Forge
Essex SS1 2 S
ay, Southend on Sea
*Guide Price: £1 0,000
A Two edroom Flat Subject to an Assured
Shorthold Tenancy Producing Approximately
£ , 0 per annum.
Tenure
Leasehold. There are appro imately 112 years remaining on the lease.
Location
The property is situated on Forge Way in a seafront location within easy reach of the town centre
shopping facilities. The property is close to outhchurch Park, mainline railway stations to London
and London outhend Airport with good local road transport links.
outhend ast ( .5 miles)
outhend entral ( .8 miles)
outhend ictoria (1. miles)
Description
The property comprises of a two bedroom flat.
Accommodation
Lounge, itchen, Hallway, Two edrooms, athroom W , an en suite.
Viewings
Refer to Auctioneer.
www.lansdowneauctions.co.uk
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2
Plashet Road, London E13 0PU
*Guide Price: £210,000
A Leasehold Ground Floor Two bedroom Flat
Tenure
Leasehold. There are appro imately
years remaining on the lease.
Location
The property is situated on Plashet Road which provides easy access into tratford which includes
Westfield hopping entre and the ueen li abeth lympic Park as well as a host of other
amenities. n addition to tratford entral both Plaistow and Upton Park Road underground stations
are nearby. nviably located close to the green open spaces of West Ham Park.
Plaistow ( .5 miles)
Upton Park ( .5 miles)
Forest Gate ( . miles)
Description
The property comprises of a ground floor two bedroom flat.
Accommodation
Reception, itchen, Two edrooms, athroom W .
Viewings
Refer to Auctioneer.
www.lansdowneauctions.co.uk
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17 Tunmarsh Lane, Plaistow, London, E13 G
*Guide Price: £1 0,000
A Ground Floor ne edroom Flat Subject to an Assured Shorthold Tenancy
Producing Approximately £10, 00 per annum.
Tenure
Leasehold. There are appro imately
years remaining on the lease.
Location
The Property is situated at the unction of Tunmarsh Lane and oundary Road, close to bus routes and within easy access of the A1 . The property is .8
miles from Upton Park tation on the District and Hammersmith and ity Lines. Plaistow tation is 1 mile away also on the District and Hammersmith and
ity Lines.
Upton Park ( .8 mi)
Plaistow (1. mi)
Prince Regent (1. mi)
Description
The property comprises of a one bedroom ground floor flat.
Accommodation
Ground Floor:Reception, edroom, itchen, athroom W .
utside: Garden at rear.
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17 A Tunmarsh Lane, Plaistow, London, E13 G
*Guide Price: £210,000
A First Floor Two edroom Flat Subject to an Assured Shorthold Tenancy
Producing approximately £13,200 per annum.
Tenure
Leasehold. There are appro imately
years remaining on the lease.
Location
The Property is situated at the unction of Tunmarsh Lane and oundary Road, close to bus routes and within easy access of the A1 . The property is .8
miles from Upton Park tation on the District and Hammersmith and ity Lines. Plaistow tation is 1 mile away also on the District and Hammersmith and
ity Lines.
Upton Park ( .8 mi)
Plaistow (1. mi)
Prince Regent (1. mi)
Description
The property comprises of a two bedroom first floor flat.
Accommodation
First Floor:Reception, Two edrooms, itchen, athroom W .
Viewings
Refer to Auctioneer.
www.lansdowneauctions.co.uk
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231
E igan House,
arwick Grove, Hackney, London
*Guide Price: £320,000
A Vacant Second Floor Two edroom Flat in a
Four Storey uilding.
Tenure
Leasehold. There are appro imately 115 years remaining on the lease.
Location
The property is situated on Warwick Grove. Wigan House is located moments from the superb
range of amenities found on Upper lapton Road with many transport links ust moments away.
lapton ( . miles)
toke ewington ( .6 miles)
Rectory Road ( . miles)
Description
The property comprises of a two bedroom flat.
Accommodation
Reception, itchen, Two bedrooms, athroom W .
Viewings
Refer to Auctioneer.
www.lansdowneauctions.co.uk
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Flat 10A oldharbour Lane, amberwell, London
SE PR
*Guide Price: £1 0,000
A ne edroom Flat Above a ommercial Unit
Subject to an Assured Shorthold Tenancy
Producing Approximately £10, 00 per annum.
Tenure
Leasehold. There are appro imately 86 remaining on the lease.
Location
The property is situated in a prominent position on the west side of oldharbour Lane at its unction
with the busy Denmark Hill (A215) in the popular south east London district of amberwell.
entral London is some miles north of amberwell and the property benefits from being some
metres from ings ollege London, one of London s largest hospitals.
Description
The property comprises of a one bedroom flat.
Accommodation
Hallway, Reception, itchen, edroom, athroom W .
Viewings
Refer to Auctioneer.
www.lansdowneauctions.co.uk
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1
1 A Ash Grove, London
2 3LL
y
rder of Executors
*Guide Price: £3 0,000
A Vacant Ground Floor Self ontained Two
edroom Maisonette f A onverted And
Extended Three Storey Mid Terraced Former
House.
Tenure
Leasehold.
Location
The property is situated in a residential area of orth West London which is convenient for all the
usual amenities. The road ad oins ricklewood roadway which offers a variety of shops, bars and
restaurants, and it is also within a short walk distance of public transport facilities.
Willesden Green ( .6 miles)
ilburn ( . miles)
ricklewood ( .2 miles)
Description
The property comprises of a two bedroom maisonette.
Accommodation
ntrance hall, Reception, itchen Dining Room, Two bedrooms, athroom W , Rear garden.
Viewings
Refer to Auctioneer.
www.lansdowneauctions.co.uk
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w. l a n s d ow n e a uct i ons. co. uk
11
Unit , eddington Farm Road, Valley Point
ndustrial Estate, roydon Surrey R0 P
*Guide Price: £3 0,000
A Freehold ommercial nvestment pportunity
Producing Approximately £27,000 Per Annum.
Tenure
Freehold
Location
The property is situated on eddington Farm Road in alley Point ndustrial state which is ust
moments from the Wandle and alley Retail Park which offers a fantastic selection of amenities,
while transport links include bus and tram services.
Therapia Lane ( .1 mi)
Ampere Way ( .2 mi)
Waddon arsh ( . mi)
West roydon (2.2 mi)
Description
The property comprises of a commercial unit over two floors.
Accomodation Tenancy
Ground Floor Rented at 18,
per annum
on a 5 year lease, e pired
years ago. (21
. ft)
First Floor
Remarks
Tenant holding over uarterly since the lease
e pired, rent paid on time and there are no arrears.
The floor can be re let at appro imately 2 ,
per annum or vacated with three month notice.
Rented at ,
per annum on Rent review 1
increase every three years.
a 1 year lease with
appro imately 8 years
remaining. (21
. ft)
Viewings
Refer to Auctioneer.
www.lansdowneauctions.co.uk
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1
Flat 3 30 Vicars Hill, London SE13 7 L
*Guide Price: £2 0,000
A Ground Floor Vacant Two edroom Flat.
Tenure
Leasehold. There are appro imately
years remaining on the lease.
Location
The property is situated on icars Hill ust off Ladywell Road. ainline services to central London
from Lewisham or Ladywell stations as well as the DLR to anary Wharf from Lewisham. Local
amenities ust minutes away.
Ladywell ( .2 mi)
Lewisham ( .5 mi)
lverson Road ( .6 mi)
Description
The property comprises of a ground floor two bedroom flat.
Accommodation
Reception, itchen, athroom W , Two edrooms.
Viewings
Refer to Auctioneer.
www.lansdowneauctions.co.uk
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w. l a n s d ow n e a uct i ons. co. uk
13
Flat 3 The Galleries, 9 Abbey Road, St. Johns Wood,
London NW8 9AQ - By Order of Mortgagees Not in Possession
*Guide Price: £1,950,000
A Vacant Three Bedroom Maisonette on The
Ground and Lower Ground Floors of A Purpose
Built Block.
Tenure
Leasehold. There are approximately 985 years remaining on the lease.
Location
The property is situated at The Galleries which is close to the junction with Abercorn Place and is
within short walking distance of St Johns Wood High Street and underground station (Jubilee line).
St. John's Wood (0.2 mi)
Maida Vale (0.4 mi)
South Hampstead (0.6 mi)
Description
The property comprises of a three bedroom maisonette.
Accommodation
Ground Floor: Reception/Dining Room, Kitchen, Bathroom, Garden.
First Floor: Two ensuites, Bedroom, Terrace.
Viewings
Refer to Auctioneer.
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1
Flat
oodfield House, Rossington Street, lapton,
London, E S
*Guide Price: £300,000
A Vacant First Floor Three edroom Flat.
Tenure
Leasehold. There are appro imately 8 years remaining on the lease.
Location
The property is situated on Rossington street which is well positioned from local retailers on Upper
lapton Road and lapton mainline station providing swift access to Liverpool treet.
lapton ( .2 miles)
Rectory Road ( .5 miles)
toke ewington ( .6 miles)
Description
The property comprises of a first floor three bedroom flat.
Accommodation
Hallway, Reception, itchen, Three edrooms, athroom W .
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1
Flat
hessington Mansions, 1 Albany Road,
London E10 7E
*Guide Price: £1 0,000
Tenure
Leasehold. There are appro imately 1
Ground rent 25 per annum.
ervice charge 8 per annum.
years remaining on the lease.
Location
The property is situated on Albany Road and is ideal for commuters as Leyton tation and
Walthamstow entral are roughly 1 15 minutes walk from the property. t is close to the local
amenities.
Leyton idland Road ( .5 miles)
Walthamstow ueen s Road ( . miles)
Walthamstow entral ( . miles)
Description
The property comprises of a one bedroom flat.
Accommodation
Living room, bedroom, kitchen, bathroom W and utility area.
Viewings
Refer to Auctioneer.
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1
1
Hale End Road,
althamstow, London, E17 D
*Guide Price: £ 00,000
A Vacant Three edroom Semi Detached House
in Upper althamstow.
Tenure
Freehold.
Location
The property is situated in the popular location of Upper Walthamstow. deally located for both
Wood treet and Highams Park stations (both London verground) and a short bus ride to
Walthamstow entral ( ictoria Line). There are local buses to Leytonstone, Woodford and
tratford stations.
Wood treet ( .5 miles)
Highams Park (1. mile)
Walthamstow entral (1.1 miles)
Description
The property comprises of a two bedroom semi detached house.
Accommodation
Ground Floor:Reception, itchen, Rear garden.
First Floor: Three edrooms, athroom W .
Viewings
Refer to Auctioneer.
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1
23 Tideslea Path, Thamesmead, London SE2 0 H
*Guide Price: £1 0,000
A Leasehold Second Floor Two edroom Flat
Subject to An Assured Shorthold Tenancy
Producing Approximately £10,200 per annum.
Tenure
Leasehold. There are appro imately 112 years remaining on the lease.
Location
The property is situated on Tideslea Path which is at the end of
the north of Western Way A2 16 .
Gallions Reach ( .8 miles)
Plumstead ( . miles)
ing George (1.1 miles)
iles lose off
Description
The property comprises of a second floor two bedroom flat.
Accommodation
ntrance hall, Reception, Two bedrooms, athroom and an en suite.
Viewings
Refer to Auctioneer.
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erbury Road, to
1
0 Tideslea Path, Thamesmead, London SE2 0L
*Guide Price: £1 0,000
A Leasehold Ground Floor Two edroom Flat
Subject to An Assured Shorthold Tenancy
Producing Approximately £10, 00 per annum.
Tenure
Leasehold. There are ppro imately 8 years remaining on the lease.
Location
The property is situated on Tideslea Path which is at the end of
the north of Western Way A2 16 .
Gallions Reach ( .8 miles)
Plumstead ( . miles)
ing George (1.1 miles)
iles lose off
Description
The property comprises of a ground floor two bedroom flat.
Accommodation
ntrance hall, Reception, Two bedrooms, athroom and an en suite.
Viewings
Refer to Auctioneer.
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erbury Road, to
1
Stanley Road, lford, Essex, G1 1R
*Guide Price: £3 0,000
A Five edroom Terraced House Subject to an
Assured Tenancy Ending September 2017
Producing Approximately £1 ,200 per annum.
Tenure
Freehold
Location
The property is situated on tanley Road which is close to outh Park. There are a variety of shops
and useful amenities all within walking distance, including lford Town entre. Transport links
close by include the rail, overground and the underground.
even ings ( . mi)
lford ( . mi)
ewbury Park (1. mi)
arking (1.2 mi)
Description
The property comprises of a five bedroom terraced house.
Accommodation
Ground Floor:Two receptions, itchen, Dining Room, tudy, athroom W , Rear garden, ellar.
First Floor:Four edrooms, athroom W .
Viewings
Refer to Auctioneer.
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33 Lansdowne Road, ronhill Terrace, Tottenham,
London, 17 0L
*Guide Price: £22 ,000
A Second Floor Two edroom Flat Subject to an
Assured Shorthold Tenancy Producing
Approximately £12,000 per annum.
Tenure
Leasehold. There are appro imately 8 years remaining on the lease.
Location
The property is situated on Lansdowne Road in the residential area of Tottenham. lose to local
shop and within close pro imity of the open spaces ruce astle Park. Transport links are provided
by White Hart Lane rail station.
Description
The property comprises of a two bedroom flat.
Accommodation
Second Floor:Reception, Two edrooms, itchen, athroom W .
Viewings
Refer to Auctioneer.
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1
7 Park Lane, Tottenham, London, 17 0 R
*Guide Price: £17 ,000
A ne edroom Flat Subject to an Assured Shorthold Tenancy Producing
Approximately £11, 00 per annum.
Tenure
Leasehold. There are appro imately
years remaining on the lease.
Location
The property is situated on Park Lane which is located close to the unction with utherland Road. A shopping comple planned along with numerous other
local amenities can be found ust a short walk away along High Road, Tottenham.
Description
The property comprises of a one bedroom flat.
Accommodation
Reception, edroom, itchen, athroom W .
Viewings
Refer to Auctioneer.
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32 roomfield,
althamstow, London E17 D
*Guide Price: £37 ,000
A Three edroom Townhouse Subject to An
Assured Shorthold Tenancy Producing
Approximately £1 ,200 Per Annum.
Tenure
Freehold.
Location
The property is situated off the ever popular oundary Road area offering ease of access to
Walthamstow entral local amenities. ome of the many benefits include being in a ul de sac
location and off road parking.
Walthamstow ueens Road ( .5 miles)
t. ames treet ( .6 miles)
Walthamstow entral ( . miles)
Description
The property comprises of a three bedroom Townhouse.
Accommodation
Hallway, itchen, Three edrooms, athroom W .
Viewings
Refer to Auctioneer.
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Flat St. Andrews hambers, ells Street, Fit rovia,
London 1T 3P
y rder of Mortgagees ot in Possession
*Guide Price: £ 20,000
A Vacant Leasehold Two edroom Flat.
Tenure
Leasehold. There are appro imately 66 years remaining on the lease.
Location
The property is situated in the heart of Fit rovia, the nearby Great Titchfield treet provides a
wealth of eateries whilst the delights of oho are ust a minute s stroll away.
Goodge treet ( .2 mi)
ford ircus ( . mi)
Tottenham ourt Road.
Description
The property comprises of a two bedroom flat.
Accommodation
Reception, Two edrooms, itchen, athroom W .
Viewings
Refer to Auctioneer.
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21
aterloo Road, Smethwick, irmingham
U
*Guide Price: £ 00,000
A Freehold ommercial uilding Split nto Two
Ground Floor Units urrently Arranged As A
Hair Salon And A Taxi ffice ith A Two
edroom Flat Above Producing Approximately
£21,2 0 Per Annum.
Tenure
Freehold.
Location
The property is situated on Waterloo Road in methwick which is a suburb of irmingham lying
about miles west of the city centre and miles south east of West romwich. t can be accessed
via the A 5 and A
2 with the former providing direct access to the city centre. umerous bus
routes serve the area as well as methwick Rolfe treet railway station, which provides regional rail
links and links to national rail services via irmingham ew treet station.
Description
The property comprises of a commercial building split into two ground floor units and a two
bedroom flat above.
Accomodation
Hair alon
Ta i ffice
Two edroom
Flat
Tenancy
Remarks
Five years remaining on the lease,
Rent paid monthly
producing 6,6 per annum.
Lease ends at the end of the year 2 16, Rent paid monthly, ready to renew the
producing 8,
per annum.
lease at 1 ,8 per annum.
ub ect to an Assured horthold Tenancy Rent paid monthly
Producing 6,6 per annum.
Viewings
Refer to Auctioneer.
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Flat 2 1 Hermon Hill, Leytonstone, London E11 2AR
*Guide Price: £220,000
A Leasehold Vacant Studio Flat.
Tenure
Leasehold.
Location
The property is situated on Hermon Hill which is within a short walking distance of Wanstead and
naresbrook underground station, good schools and the High street, with its array of shops, parks
and restaurants, this home is perfectly situated to suit every buyer s re uirements.
naresbrook ( .2 mi)
Wanstead ( .5 mi)
outh Woodford ( . mi)
Description
The property comprises of a lower ground tudio flat.
Viewings
Refer to Auctioneer.
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Flat
1 Hermon Hill, Leytonstone, London E11 2AR
*Guide Price: £21 ,000
A Vacant Leasehold First Floor Studio Flat.
Tenure
Leasehold.
Location
The property is situated on Hermon Hill which is within a short walking distance of Wanstead and
naresbrook underground station, good schools and the High street, with its array of shops, parks
and restaurants, this home is perfectly situated to suit every buyer s re uirements.
naresbrook ( .2 mi)
Wanstead ( .5 mi)
outh Woodford ( . mi)
Description
The property comprises of a first floor studio flat.
Viewings
Refer to Auctioneer.
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Flat 7 1 Hermon Hill, Leytonstone, London E11 2AR
*Guide Price: £3 0,000
A Leasehold Vacant Three edroom Flat.
Tenure
Leasehold.
Location
The property is situated on Hermon Hill which is within a short walking distance of Wanstead and
naresbrook underground station, good schools and the High street, with its array of shops, parks
and restaurants, this home is perfectly situated to suit every buyer s re uirements.
naresbrook ( .2 mi)
Wanstead ( .5 mi)
outh Woodford ( . mi)
Description
The property comprises of a three bedroom flat.
Accommodation
Hall, Three bedrooms, itchen, athroom W .
Viewings
Refer to Auctioneer.
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0 hingford Mount Road, London, E A
*Guide Price: £
A Vacant Ground Floor Shop, urrently A3
Restaurant afe.
Tenure
Leasehold. There are appro imately
years remaining on the lease.
Location
The property is situated in the north east London suburb of hingford lies about 1 .25 miles north
northeast of the capital s West nd and lies within the borough of Waltham Forest. The area is
immediate to the east of the William Girling ing George reservoirs and north of the A 6 orth
ircular Road.
Description
The property comprises of a ground floor commercial shop with a four bedroom flat above.
Viewings
Refer to Auctioneer.
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,000
77 yron Road,
embley Middlesex HA0 3P
y
rder of Executors
*Guide Price: £ 7 ,000
A Vacant Four edroom Semi Detached House.
Tenure
Freehold
Location
The property is situated in the popular residential area of orth Wembley to the north west of
London. All the usual amenities can be found in the vicinity and the property is within walking
distance of orth Wembley Underground and verground station.
orth Wembley ( .2 mi)
outh enton ( . mi)
Description
The property comprises of a four bedroom semi detached house.
Accommodation
Two receptions, itchen, Four bedrooms, athroom W , Garage, ff street parking.
Viewings
Refer to Auctioneer.
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33 High Road Leytonstone, London E11 P
*Guide Price: £2 0,000
A Ground Floor ommercial Unit ith A
edroom Flat At The Rear Producing
Approximately £10,200 Per Annum.
ne
Tenure
Leasehold. There are appro imately 125 years remaining on the lease.
Location
The property is situated on High Road Leytonstone, with Leyton and Leytonstone tations are only
moments away.
Leytonstone High Road ( .2 mi)
Leytonstone ( .5 mi)
Leyton ( .6 mi)
Description
The property comprises of a ground floor commercial currently set as a retail shop and a vacant flat
at the rear.
Viewings
Refer to Auctioneer.
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1
3 0 axter Gate, Loughborough Leicestershire
LE11 1T
*Guide Price: £220,000
A Freehold ommercial uilding Part Vacant
urrently Set As A Retail Shop and an ffice
Space Producing Approximately £ ,700 Per
Annum.
Tenure
Freehold.
Location
The property is situated on a ter Gate which has become more popular due to the recent road
improvements and the completion of ity Grove development which includes cinema and a number
of restaurants.
Loughborough ( .5 mi)
arrow upon oar (2. mi)
ileby ( . mi)
Description
The property comprises of a commercial premises split into four different units.
Remarks
Accomodation Tenancy
a ter Gate
acant
A a ter Gate acant
a ter Gate Upstairs office producing ,
. 6 per annum. Lease e pires Rent paid
April 2 1
monthly
a ter Gate Retail hop producing , 5 per annum. Lease e pires ay Rent paid
2 1
monthly
Viewings
Refer to Auctioneer.
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1
A Town Road, Edmonton, London,
0HL
*Guide Price: £220,000
A Ground Floor Two edroom Flat ithin a Mid
Terraced House Subject to an Assured Shorthold
Tenancy Producing Approximately £1 ,200 per
annum.
Tenure
Leasehold. There are appro imately 125 years remaining on the lease.
Location
The property is located on Town Road. dmonton forms part of the London orough of nfield
and is a heavily populated suburb lying some miles north of central London. The property is
located in the Lower dmonton residential area.
Description
The property comprises of a ground floor flat.
Accommodation
Ground Floor:Reception, Two edrooms, athroom W .
Viewings
Refer to Auctioneer.
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22 Lea ridge Road, Leyton, London E10 7L
*Guide Price: £220,000
A Vacant Ground Floor Two edroom Ex
arner Flat.
Tenure
Leasehold. There are appro imately
years remaining on the lease.
Location
The property is located on the corner of Perth Road on Lea ridge Road ad acent to the sought after
lementina state. This is served by ample local bus routes into Leyton, Walthamstow and
lapton.
t. ames treet ( . mi)
Walthamstow ueens Road (1. mi)
Leyton idland Road (1.1 mi)
Description
The property comprises of a two bedroom flat.
Accommodation
Reception, itchen, Two edrooms, athroom W , ommunal Garden.
Viewings
Refer to Auctioneer.
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Flat 12 Llandovery House, hipka Street, sle of Dogs,
London, E1 3LE
*Guide Price: £3
A Three edroom Maisonette Subject to an
Assured Shorthold Tenancy Producing
Approximately £21, 00 per annum. Extended
completion available
Tenure
Leasehold. There is appro imately
years remaining on the lease.
Location
The property is situated moments away from rossharbour and outh uay DLR stations, with
anary Wharf itself within walking distance. Local amenities, including a 2 hour Asda superstore,
are nearby.
outh uay ( . miles)
rossharbour ( . miles)
anary Wharf ( .5 miles)
Description
The property comprises of Three bedroom maisonette.
Accommodation
Reception, Three bedrooms, itchen, athroom W .
Viewings
Refer to Auctioneer.
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,000
Flat 22 Montfort House, Galbraith Street, sle of Dogs,
London E1 3HE
*Guide Price: £270,000
A Vacant First Floor
Storey lock.
ne edroom Flat in a Four
Tenure
Leasehold. There are appro imately 2 years remaining on the lease.
Location
The property is situated on Galbraith treet which is Local to all transport links including anary
Wharf tube station, Heron uays DLR, the lipper river boat service. eing within walking
distance of anary Wharf, this property is ideal for professionals working in anary Wharf and also
the ity with e cellent transport links along with fantastic shopping, eating and entertainment
facilities all on your doorstep.
Heron uays ( .2 mi)
anary Wharf ( . mi)
outh uay ( . mi)
Description
The property comprises of a first floor one bedroom flat.
Accommodation
Living Room, itchen, edroom, athroom W .
Viewings
Refer to Auctioneer.
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Flat 17 Grover ourt, Loampit Hill, Lewisham,
London SE13 7ST
*Guide Price: £2 0,000
A Vacant Two edroom Ground Gloor Flat.
Tenure
Leasehold. There are appro imately 115 years remaining on the lease.
Location
The property is situated in the outh ast London area of Lewisham close to local shops and
amenities. The open spaces of rookmill Park are within easy reach. Transport links are provided
by Lewisham DLR and t ohns rail station.
Description
The property comprises a ground floor two bedroom flat situated within an art deco development
arranged over ground and first floors. The property re uires a program of refurbishment.
Accommodation
Ground Floor:Reception Room, Two edrooms, itchen, athroom .W
Viewings
Refer to Auctioneer.
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111 117
E11 1
hipps ross Road, Leytonstone, London
*Guide Price: £20,000
A Freehold Land ith Development pportunity
Subject to btaining Usual ecessary onsents.
Tenure
Freehold
Location
The property is situated n a desirable location and ust a short walk to Leytonstone and Wanstead
entral line stations. t is close to convenient road links, schools and amenities.
naresbrook ( .5 mi)
Leytonstone ( .6 mi)
Wanstead ( . mi)
Description
The property comprises of a freehold land with development opportunity sub ect to obtaining usual
necessary consents from the orough of Waltham Forest ouncil.
Viewings
Refer to Auctioneer.
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P RO P E RT Y AU C T I O N S
L o n d o n & N at i o n a l
Common Auction Conditions
Introduction
The common auction conditions have three main sections.
1. Glossary
This gives special meanings to some words used in the rest of the conditions.
2. The conduct of the auction
These conditions regulate the conduct of the auction. If you read our catalogue
or attend the auction you do so on the basis that you accept them.
3. Conditions of sale
If you buy a lot you will sign a sale memorandum under which you agree to be
bound by the conditions of sale that apply to that lot. These conditions are:
ene l onditions th t l to ll lots
n e t ene l onditions in the t lo ue o n ddendu
eil
conditions that only apply to the lot you are buying (and which may vary the
general conditions)
The conditions are legally binding.
Important notice
udent u e ill e o e iddin o lot t n u tion
e o ession l d i e o
on e n e nd in
o i te ses
chartered surveyor and an accountant
Re d the onditions
ns e t the lot
out usu l se hes nd
e usu l en ui ies
he the ontent o ll il le le ses nd othe do u ents el tin to the lot
he th t h t is s id out the lot in the t lo ue is u te
e in n e
available for the deposit and purchase price
he
hethe
e ist tion nd ele tion is d is le
he onditions ssu e th t the u e h s ted li e
udent u e
ou
hoose to u lot ithout t in these no l e utions ou do so t ou
o n is
Glossary
This glossary applies to the auction conduct conditions and the sale conditions.
he e e it
es sense
sin ul o ds n e e d s lu ls nd lu ls s sin ul o ds
e son in ludes o o te od
o ds o one ende in lude the othe ende s
e e en es to le isl tion e to th t le isl tion s it
h e een odi ied o
e en ted the d te o the u tion o the ont t d te s li le nd
he e the ollo in o ds inted in old t e e the h e the s e i ied
meanings.
tu l o letion d te
he d te hen o letion t es l e o is t e ted s t in l e o the
purposes of apportionment and calculating
interest.
ddendu
n end ent o ddition to the onditions o to the ti ul s o to oth
hethe ont ined in su le ent to the t lo ue
itten noti e o the
auctioneers or an oral announcement at the auction.
eed o letion d te
u e t to ondition
the d te s e i ied in the s e i l onditions o
i no d te is s e i ied
usiness d s te the ont t d te ut i th t d te
is not usiness d the i st su se uent usiness d
o ed in n i l institution
n n o uildin so iet th t h s si ned u to the n in ode o usiness
n in ode o is othe ise e t le to the u tionee s
e s
e s o ent nd othe su s due unde the ten n ies nd still outst ndin on
the actual completion date.
e s s hedule
The arrears schedule (if any) forming part of the special conditions.
u tion
The auction advertised in the catalogue.
u tion ondu t onditions
he onditions so he ded in ludin n e t u tion ondu t onditions
u tionee s
The auctioneers at the auction.
usiness d
n d e e t
tu d o und
n holid in n l nd nd
les o
ood id o h ist s
ue
he e son ho ees to u the lot o i
li le th t e son s e son l
e esent ti es i t o o o e e ointl the u e thei o li tions n e
en o ed inst the ointl o
inst e h o the se tel
Catalogue
The catalogue to which the conditions refer including any supplement to it.
Completion
Unless otherwise agreed between seller and buyer (or their conveyancers) the
occasion when both seller and buyer have complied with their obligations under
the contract and the balance of the price is unconditionally received in the
selle s on e n e s lient ount
Condition
One of the auction conduct conditions or sales conditions.
Contract
The contract by which the seller agrees to sell and the buyer agrees to buy the
lot.
Contract date
he d te o the u tion o i the lot is not sold t the u tion
the d te o the
s le e o ndu si ned
oth the selle nd u e o
ww w. l a n s d ow n e a uct i ons. co. uk
i ont ts e e h n ed the d te o e h n e e h n e is not e e ted
in e son o
n i e o le ee ent to e h n e de tele hone
o
ele t oni
il the d te o e h n e is the d te on hi h oth ts h e een
signed and posted or otherwise placed beyond normal retrieval.
o u ents
o u ents o title in ludin i title is e iste ed the ent ies on the e iste
and the title plan) and other documents listed or referred to in the special
conditions relating to the lot.
in n i l h e
h e to se u e lo n o othe in n i l inde tedness not in ludin ent
charge).
General conditions
h t t o the s le onditions so he ded in ludin n e t ene l
conditions.
Interest rate
not s e i ied in the s e i l onditions
o e the se te o ti e to
ti e o
l s n l
he inte est te ill lso l to ud ent de ts i
applicable.)
Lot
h se te o e t des i ed in the t lo ue o s the se
e the
property that the seller has agreed to sell and the buyer to buy (including
h ttels i n
Old arrears
e s due unde n o the ten n ies th t e not ne ten n ies s de ined
the ndlo d nd en nt o en nts t
Particulars
The section of the catalogue that contains descriptions of each lot (as varied by
any addendum).
Practitioner
n insol en
titione o the u oses o the nsol en
t
o in
el tion to u isdi tions outside the nited in do n si il o i i l
Price
The price that the buyer agrees to pay for the lot.
Re d to o lete
Re d illin nd le to o lete i o letion ould en le the selle to
discharge all financial charges secured on the lot that have to be discharged by
o letion then those outst ndin in n i l h es do not e ent the selle
from being ready to complete.
le onditions
The general conditions as varied by any special conditions or addendum.
le e o ndu
The form so headed (whether or not set out in the catalogue) in which the
terms of the contract for the sale of the lot are recorded.
elle
he e son sellin the lot t o o o e e ointl the selle thei o li tions
n e en o ed inst the ointl o
inst e h o the se tel
e i l onditions
Those of the sale conditions so headed that relate to the lot.
Tenancies
en n ies le ses li en es to o u nd ee ents o le se nd n
documents varying or supplemental to them.
Tenancy schedule
The tenancy schedule (if any) forming part of the special conditions.
Transfer
ns e in ludes on e n e o ssi n ent nd to t ns e in ludes to
on e o to ssi n
he
ns e o
nde t in s
ote tion o
lo
ent Re ul tions
lue dded
o othe t o si il n tu e
o tion
n o tion to t
We (and us and our) The auctioneers.
ou nd ou
o eone ho h s o o the t lo ue o ho ttends o ids t the u tion
whether or not a buyer.
u tion ondu t onditions
nt odu tion
o ds in old t e h e s e i l e nin s hi h e de ined in the
Glossary.
he t lo ue is issued onl on the sis th t ou e t these u tion
conduct conditions. They govern our relationship with you and cannot be
disapplied or varied by the sale conditions (even by a condition purporting to
e l e the hole o the o on u tion onditions he n e ied onl
if we agree.
u ole
s ents o e h selle e h e utho it to
(a) prepare the catalogue from information supplied by or on behalf of each
selle
o e e h lot o s le
sell e h lot
d e ei e nd hold de osits
e si n e h s le e o ndu nd
(f) treat a contract as repudiated if the buyer fails to sign a sale memorandum or
de osit s e ui ed these u tion ondu t onditions
u de ision on the ondu t o the u tion is in l
e
n el the u tion o lte the o de in hi h lots e o e ed o
s le e
lso o ine o di ide lots lot
e sold o ithd n o
sale prior to the auction.
ou no led e th t to the e tent e itted l
e o e ou no dut
of care and you have no claim against us for any loss.
iddin nd ese e i es
ll ids e to e de in ounds ste lin e lusi e o n
li le
e
e use to e t id e do not h e to e l in h
the e is dis ute o e iddin e e entitled to esol e it nd ou
decision is final.
nless st ted othe ise e h lot is su e t to ese e i e hi h
e i ed ust e o e the lot is o e ed o s le no id e u ls o e eeds th t
reserve price the lot will be withdrawn from the auction.
he e the e is ese e i e the selle
id o s us o nothe
ent to id on the selle s eh l u to the ese e i e ut
not
e
id e u l to o e eedin the ese e i e ou e t th t it is ossi le th t ll
bids up to the reserve price are bids made by or on behalf of the seller.
he e uide i e o n e o i es is i en th t uide is the
ini u
i e t hi h o n e o i es ithin hi h the selle i ht e
e ed to sell t the d te o the uide i e ut uide i es
h n e he
l st u lished uide i e ill no ll e t o o e n ese e i e ut
not l s s the selle
i the in l ese e i e ust e o e iddin
commences.
he ti ul s nd othe in o tion
e h e t en e son le e to e e ti ul s th t o e tl
describe each lot. The particulars are based on information supplied by or on
eh l o the selle ou need to he th t the in o tion in the ti ul s is
correct.
the s e i l onditions do not ont in des i tion o the lot o si l
e e to the ele nt lot nu e ou t e the is th t the des i tion ont ined
in the ti ul s is in o lete o in u te s the ti ul s h e not een
prepared by a conveyancer and are not intended to form part of a legal contract.
he ti ul s nd the s le onditions
h n e io to the u tion
nd it is ou es onsi ilit to he th t ou h e the o e t e sions
e o ide in o tion o o o do u ent o ided othe s
we do so only on the basis that we are not responsible for the accuracy of that
information or document.
he ont t
su ess ul id is one e e t s su h no ll on the ll o the
h
e his ondition
lies to ou i ou
e the su ess ul id
for a lot.
ou e o li ed to u the lot on the te s o the s le e o ndu t the
i e ou id lus
i
li le
ou ust e o e le in the u tion
(a) provide all information we reasonably need from you to enable us to
o lete the s le e o ndu in ludin oo o ou identit i e ui ed
us
si n the o leted s le e o ndu nd
the de osit
ou do not e
eithe
(a) as agent for the seller treat that failure as your repudiation of the contract
and offer the lot for sale again:
the selle
then h e l i
inst ou o e h o ont t o
(b) sign the sale memorandum on your behalf.
he de osit
is to e held s st eholde he e
ould e h e le on the de osit
e e it to e held s ent o the selle ut othe ise is to e held s st ted in
the s le onditions nd
ust e id in ounds ste lin
he ue o
n e s d t de
le
to us on n
o ed in n i l institution he e t u tion ondu t onditions
may state if we accept any other form of payment.
e
et in the s le e o ndu si ned o on eh l o the selle
until the deposit has been received in cleared funds.
the u e does not o l ith its o li tions unde the ont t then
ou e e son ll li le to u the lot e en i ou e tin s n ent nd
(b) you must indemnify the seller in respect of any loss the seller incurs as a
esult o the u e s de ult
he e the u e is o n ou
nt th t the u e is o e l
constituted and able to buy the lot.
t u tion ondu t onditions
es ite n s e i l ondition to the ont
the ini u de osit e
e t is
o the tot l i e i less s e i l ondition
ho e e
e ui e hi he ini u de osit
General conditions of sale
o ds in old t e h e s e i l e nin s hi h e de ined in the loss
he ene l onditions in ludin n e t ene l onditions
l to the
ont t e e t to the e tent th t the e ied s e i l onditions o
n
addendum.
G1. The lot
he lot in ludin n i hts to e nted o ese ed nd n e lusions
o it is des i ed in the s e i l onditions o i not so des i ed the lot is
that referred to in the sale memorandum.
he lot is sold su e t to n ten n ies dis losed the s e i l onditions
but otherwise with vacant possession on completion.
he lot is sold su e t to ll tte s ont ined o e e ed to in the
do u ents ut e ludin n in n i l h es these the selle ust dis h e
on o e o e o letion
he lot is lso sold su e t to su h o the
ollo in s
e t it hethe the ise e o e o te the ont t d te
and whether or not they are disclosed by the seller or are apparent from
inspection of the lot or from the documents:
tte s e iste ed o
le o e ist tion s lo l l nd h es
(b) matters registered or capable of registration by any competent authority or
unde the o isions o n st tute
noti es o de s de nds o os ls nd e ui e ents o n o etent
utho it
P RO P E RT Y AU C T I O N S
L o n d o n & N at i o n a l
d h es noti es o de s est i tions
ee ents nd othe
tte s el tin
to to n nd ount l nnin hi h s o u li he lth
e i hts e se ents u si e se ents nd
le es
out oin s nd othe li ilities
n inte est hi h o e ides ithin the e nin o the nd Re ist tion
t
h
tte s th t ou ht to e dis losed the se hes nd en ui ies
udent
u e ould
e hethe o not the u e h s de the nd
i n thin the selle does not nd ould not e son l no
out
he e n thin su e t to hi h the lot is sold ould e ose the selle to
liability the buyer is to comply with it and indemnify the seller against that
liability.
he selle ust noti the u e o n noti es o de s de nds o os ls
nd e ui e ents o n o etent utho it o hi h it le ns te the
ont t d te ut the u e ust o l ith the nd ee the selle
indemnified.
he lot does not in lude n ten nt s o t de i tu es o ittin s
he e h ttels e in luded in the lot the u e t es the s the e t
completion and the seller is not liable if they are not fit for use.
he u e u s ith ull no led e o
the do u ents hethe o not the u e h s e d the nd
(b) the physical condition of the lot and what could reasonably be discovered on
ins e tion o it hethe o not the u e h s ins e ted it
he u e is not to el on the in o tion ont ined in the ti ul s
ut
el on the selle s on e n e s itten e lies to eli in
en ui ies to the e tent st ted in those e lies
e osit
G2.1 The amount of the deposit is the greater of:
(a) any minimum deposit stated in the auction conduct conditions (or the total
i e i this is less th n th t ini u
nd
o the i e e lusi e o n
on the i e
G2.2 The deposit
ust e id in ounds ste lin
he ue o n e s d t d n on n
approved financial institution
o
n othe e ns o
ent th t the u tionee s
e t nd
is to e held s st eholde unless the u tion ondu t onditions o ide
that it is to be held as agent for the seller. G2.3 Where the auctioneers hold the
de osit s st eholde the e utho ised to ele se it nd inte est on it i
li le to the selle on o letion o i o letion does not t e l e to
the e son entitled to it unde the s le onditions
he ue o ll o
part of the deposit is not cleared on first presentation the seller may treat the
contract as at an end and bring a claim against the buyer for breach of contract.
nte est e ned on the de osit elon s to the selle unless the s le
conditions provide otherwise.
et een ont t nd o letion
nless the s e i l onditions st te othe ise the selle is to insu e the lot
from and including the contract date to completion and:
odu e to the u e on e uest ll ele nt insu n e det ils
the e iu s hen due
i the u e so e uests nd s n ddition l e iu use e son le
ende ou s to in e se the su insu ed o
e othe h n es to the oli
d t the e uest o the u e use e son le ende ou s to h e the u e s
inte est noted on the oli i it does not o e ont tin u h se
e unless othe ise eed n el the insu n e t o letion
l o
e und o e iu nd su e t to the i hts o n ten nt o othe thi d t
th t e und to the u e nd
su e t to the i hts o n ten nt o othe thi d t hold on t ust o the
buyer any insurance payments
that the seller receives in respect of loss or damage arising after the contract date
o ssi n to the u e the ene it o n l i nd the u e ust on
o letion ei u se to the selle the ost o th t insu n e to the e tent not
already paid by the buyer or a tenant or other third party) for the period from
and including the contract date to completion.
G3.2 No damage to or destruction of the lot nor any deterioration in its
ondition ho e e used entitles the u e to n edu tion in i e o to
del o letion o to e use to o lete
e tion o the
o o et t
does not l
nless
the buyer is already lawfully in occupation of the lot the buyer has no right to
enter into occupation prior to completion.
itle nd identit
nless ondition
lies the u e
e ts the title o the selle to
the lot s t the ont t d te nd
ise no e uisition o o e tion e e t in
relation to any matter that occurs after the contract date.
n o the do u ents is not de il le e o e the u tion the
following provisions apply:
he u e
ise no e uisition on o o e tion to n o the do u ents
that is made available before the auction. (b) If the lot is registered land the seller
is to give to the buyer within five business days of the contract date an official
o o the ent ies on the e iste nd title l n nd he e noted on the
e iste o ll do u ents su e t to hi h the lot is ein sold
(c) If the lot is not registered land the seller is to give to the buyer within five
business days an abstract or epitome of title starting from the root of title
entioned in the s e i l onditions o i none is entioned ood oot o title
more than fifteen years old) and must produce to the buyer the original or an
e ined o o e e ele nt do u ent
d title is in the ou se o e ist tion title is to onsist o e ti ied o ies o
i the li tion o e ist tion o title de to the l nd e ist
ii the do u ents o n in th t li tion
ww w. l a n s d ow n e a uct i ons. co. uk
iii e iden e th t ll li le st
dut l nd t el tin to th t li tion
h s een id nd
(iv) a letter under which the seller or its conveyancer agrees to use all reasonable
ende ou s to ns e n e uisitions ised the l nd e ist nd to inst u t
the land registry to send the completed registration documents to the buyer.
e he u e h s no i ht to o e t to o
e e uisitions on n title
information more than seven business days after that information has been given
to the buyer.
nless othe ise st ted in the s e i l onditions the selle sells ith ull
title u ntee e e t th t nd the t ns e sh ll so o ide
(a) the covenant set out in section 3 of the Law of Property (Miscellaneous
o isions t
sh ll not e tend to tte s e o ded in e iste s o en to
u li ins e tion these e to e t e ted s ithin the tu l no led e o the
u e nd
the o en nt set out in se tion o the
o o e t Mis ell neous
o isions t
sh ll not e tend to n ondition o ten nt s o li tion
relating to the state or condition of the lot where the lot is leasehold property.
he t ns e is to h e e e t s i e essl su e t to ll tte s su e t to
hi h the lot is sold unde the ont t
he selle does not h e to
odu e no
the u e o e t to o
e e uisition in el tion to n
prior or superior title even if it is referred to in the documents.
he selle nd i ele nt the u e ust odu e to e h othe su h
on i tion o o e iden e o thei identit nd th t o thei o t ees nd
attorneys (if any) as is necessary for the other to be able to comply with
li le nd Re ist Rules hen
in
li tion o e ist tion o the
transaction to which the conditions apply.
ns e
nless o o t ns e is es i ed the s e i l onditions
(a) the buyer must supply a draft transfer to the seller at least ten business days
before the agreed completion date and the engrossment (signed as a deed by the
u e i ondition
lies i e usiness d s e o e th t d te o i l te
t o usiness d s te the d t h s een
o ed the selle nd
(b) the seller must approve or revise the draft transfer within five business days
of receiving it from the buyer.
the selle e ins li le in n es e t in el tion to the lot o
tenancy) following completion the buyer is specifically to covenant in the
transfer to indemnify the seller against that liability.
he selle nnot e e ui ed to t ns e the lot to n one othe th n the
ue o
o e th n one t ns e
o letion
o letion is to t e l e t the o i es o the selle s on e n e o
he e the selle
e son l e ui e on the eed o letion d te he
selle n onl e e ui ed to o lete on usiness d nd et een the hou s
o
nd
he ount
le on o letion is the l n e o the i e d usted to
t e ount o
o tion ents lus i
li le
nd inte est
ent is to e de in ounds ste lin nd onl
di e t t ns e to
the selle s on e n e s lient ount nd
the ele se o n de osit held
st eholde
nless the selle nd the u e othe ise ee o letion nnot t e
place until both have complied with their obligations under the contract and the
l n e o the i e is un ondition ll e ei ed in the selle s on e n e s
client account.
o letion t es l e te
hou s o e son othe th n the
selle s de ult it is to e t e ted o the u oses o
o tion ent nd
l ul tin inte est s i it h d t en l e on the ne t usiness d
he e li le the ont t e ins in o e ollo in o letion
oti e to o lete
he selle o the u e
on o te the eed o letion d te ut
before completion give the other notice to complete within ten business days
e ludin the d te on hi h the noti e is i en
in ti e o the essen e
he e son i in the noti e ust e e d to o lete
the u e
ils to o l ith noti e to o lete the selle
ithout e tin n
othe e ed the selle h s
te in te the ont t
l i the de osit nd n inte est on it i held
st eholde
o eit the de osit nd n inte est on it
d esell the lot nd
(e) claim damages from the buyer.
the selle ils to o l ith noti e to o lete the u e
ithout e tin n othe e ed the u e h s
te in te the ont t
and
e o e the de osit nd n inte est on it o the selle o i
li le
st eholde
the ont t is ou ht to n end
If the contract is lawfully brought to an end:
(a) the buyer must return all papers to the seller and appoints the seller its
ent to n el n e ist tion o the ont t nd
(b) the seller must return the deposit and any interest on it to the buyer (and
the u e
l i it o the st eholde i
li le unless the selle is
entitled to o eit the de osit unde ondition
ndlo d s li en e
he e the lot is o in ludes le sehold l nd nd li en e to ssi n is
e ui ed this ondition
lies
he ont t is ondition l on th t li en e ein o t ined
o
o l li en e i th t is h t the l ndlo d l ull e ui es
he eed o letion d te is not to e e lie th n the d te i e usiness
days after the seller has given notice to the buyer that licence has been obtained.
he selle ust
use ll e son le ende ou s to o t in the li en e t the selle s e ense
and
ente into n utho ised u ntee ee ent o e l e ui ed
he u e ust
o tl o ide e e en es nd othe ele nt in o tion nd
o l ith the l ndlo d s l ul e ui e ents
ithin th ee onths o the ont t d te o su h lon e e iod s the
seller and buyer agree) the licence has not been obtained the seller or the buyer
may (if not then in breach of any obligation under this condition
noti e to the othe te in te the ont t t n ti e e o e li en e is
o t ined h t te in tion is ithout e udi e to the l i s o eithe selle o
u e o e h o this ondition
nte est nd o tion ents
the tu l o letion d te is te the eed o letion d te o n
e son othe th n the selle s de ult the u e ust
inte est t the inte est
rate on the price (less any deposit paid) from the agreed completion date up to
and including the actual completion date.
u e t to ondition
the selle is not o li ed to o tion o
account for any sum at completion unless the seller has received that sum in
cleared funds. The seller must pay to the buyer after completion any sum to
hi h the u e is entitled th t the selle su se uentl e ei es in le ed unds
n o e nd out oin s e to e o tioned t tu l o letion d te
unless:
the u e is li le to
inte est nd
(b) the seller has given notice to the buyer at any time up to completion
e ui in
o tion ent on the d te o
hi h inte est e o es
le
the u e in hi h e ent in o e nd out oin s e to e o tioned on the
date from which interest becomes payable by the buyer.
o tion ents e to e l ul ted on the sis th t
the selle
receives income and is liable for outgoings for the whole of the day on which
o tion ent is to e de
nnu l in o e nd e enditu e
ues t n
e u l d il te ssu in
d s in e nd in o e nd e enditu e
el tin to so e othe e iod
ues t n e u l d il te du in the e iod to
hi h it el tes nd
he e the ount to e o tioned is not no n t o letion
apportionment is to be made by reference to a reasonable estimate and further
payment is to be made by seller or buyer as appropriate within five business
d s o the d te hen the ount is no n
e s
Part 1 Current rent
u ent ent e ns in es e t o e h o the ten n ies su e t to
hi h the lot is sold the inst l ent o ent nd othe su s
le the
tenant in advance on the most recent rent payment date on or within four
months preceding completion.
G11.2 If on completion there are any arrears of current rent the buyer must pay
the
hethe o not det ils o those e s e i en in the s e i l onditions
G11.3 Parts 2 and 3 of this condition
G11 do not apply to arrears of current rent.
t u e to
o
e s
t o this ondition
lies he e the s e i l onditions i e
details of arrears.
he u e is on o letion to
in ddition to n othe one then
due n ount e u l to ll e s o hi h det ils e set out in the s e i l
conditions.
those e s e not old e s the selle is to ssi n to the u e ll
rights that the seller has to recover those arrears.
t u e not to
o
e s
t o this ondition
lies he e the s e i l onditions
so st te o
(b) give no details of any arrears.
hile n
e s due to the selle e in un id the u e ust
(a) try to collect them in the ordinary course of management but need not
t e le l o eedin s o o eit the ten n
(b) pay them to the seller within five business days of receipt in cleared funds
(plus interest at the interest rate calculated on a daily basis for each
su se uent d s del in
ent
on e uest t the ost o the selle
assign to the seller or as the seller may direct the right to demand and sue for
old e s su h ssi n ent to e in su h o
s the selle s on e n e
e son l e ui e
d i e son l e ui ed llo the selle s on e n e to h e on lo n the
ounte
t o n ten n
inst n unde t in to hold it to the u e s
o de
(e) not without the consent of the seller release any tenant or surety from
liability to pay arrears or accept a surrender of or forfeit any tenancy under
hi h e s e due nd
(f) if the buyer disposes of the lot prior to recovery of all arrears obtain from
the u e s su esso in title o en nt in ou o the selle in si il o
to part 3 of this condition G11.
he e the selle h s the i ht to e o e
e s it ust not ithout
the u e s itten onsent in insol en
o eedin s inst ten nt o
see the e o l o oods o the lot
G12. Management
his ondition
lies he e the lot is sold su e t to ten n ies
G12.2 The seller is to manage the lot in accordance with its standard
management policies pending completion.
G12.3 The seller must consult the buyer on all management issues that would
e t the u e te o letion su h s ut not li ited to n li tion
o li en e ent e ie
i tion su ende
ee ent to su ende o
o osed o eitu e o ten n o ne ten n o
ee ent to nt
new tenancy) and:
P RO P E RT Y AU C T I O N S
L o n d o n & N at i o n a l
the selle ust o l ith the u e s e son le e ui e ents unless to
do so ould ut o the inde nit in
h
e ose the selle to
li ilit th t the selle ould not othe ise h e in hi h se the selle
t e son l in su h
s to oid th t li ilit
i the selle i es the u e noti e o the selle s intended t nd the
u e does not o e t ithin i e usiness d s i in e sons o the
o e tion the selle
t s the selle intends nd
(c) the buyer is to indemnify the seller against all loss or liability the seller
in u s th ou h tin s the u e e ui es o
e son o del
used
the buyer.
Rent de osits
G13.1 This condition G13 applies where the seller is holding or otherwise
entitled to money by way of rent deposit in respect of a tenancy. In this
ondition
ent de osit deed e ns the deed o othe do u ent unde
which the rent deposit is held. G13.2 If the rent deposit is not assignable the
selle ust on o letion hold the ent de osit on t ust o the u e nd
su e t to the te s o the ent de osit deed o l t the ost o the u e
ith the u e s l ul inst u tions
G13.3 Otherwise the seller must on completion pay and assign its interest in
the rent deposit to the buyer under an assignment in which the buyer
covenants with the seller to:
o se e nd e o the selle s o en nts nd onditions in the ent
de osit deed nd inde ni the selle in es e t o n e h
i e noti e o ssi n ent to the ten nt nd
i e su h di e t o en nt to the ten nt s
e e ui ed the ent
deposit deed.
he e s le ondition e ui es one to e id o othe
onside tion to e i en the e ust lso
n
th t is h e le
on th t one o onside tion ut onl i i en
lid
in oi e
he e the s e i l onditions st te th t no
o tion h s een de
the seller confirms that none has been made by it or by any company in the
s e
ou no ill e io to o letion
ns e s oin on e n
he e the s e i l onditions so st te
the selle nd the u e intend nd ill t e ll
ti le ste s sho t o
n e l to o u e th t the s le is t e ted s t ns e o oin on e n
and
this ondition
lies
he selle on i s th t the selle
is e iste ed o
eithe in the selle s n e o s e e o the
s e
ou nd
(b) has (unless the sale is a standard-rated supply) made in relation to the lot a
o tion th t e ins lid nd ill not e e o ed e o e o letion
he u e on i s th t
it is e iste ed o
eithe in the u e s n e o s e e o
ou
it h s de o ill
e e o e o letion
o tion in el tion to
the lot nd ill not e o e it e o e o ithin th ee onths te o letion
ti le
o the lue dded
e i l o isions
de
does
not l to it nd
d it is not u in the lot s no inee o nothe e son
he u e
is to give to the seller as early as possible before the agreed completion date
evidence:
o the u e s
e ist tion
th t the u e h s de
o tion nd
th t the
o tion h s een noti ied in itin to M Re enue nd
usto s
and if it does not produce the relevant evidence at least two business days before
the eed o letion d te ondition
lies t o letion
he u e on i s th t te o letion the u e intends to
et in nd n e the lot o the u e s o n ene it s ontinuin usiness
s oin on e n su e t to nd ith the ene it o the ten n ies nd
olle t the ents
le unde the ten n ies nd h e
on the
te o letion it is ound th t the s le o the lot is not t ns e o
going concern then:
the selle s on e n e is to noti the u e s on e n e o th t indin nd
o ide
in oi e in es e t o the s le o the lot
the u e ust ithin i e usiness d s o e ei t o the
in oi e
to
the selle the
due nd
i
is
le e use the u e h s not o lied ith this ondition
the u e ust
nd inde ni the selle
inst ll osts inte est en lties o
surcharges that the seller incurs as a result.
it l llo n es
his ondition
lies he e the s e i l onditions st te th t the e e
capital allowances available in respect of the lot.
he selle is o tl to su l to the u e ll in o tion e son l
e ui ed the u e in onne tion ith the u e s l i o
it l llo n es
he lue to e tt i uted to those ite s on hi h it l llo n es
be claimed is set out in the special onditions.
he selle nd u e
ee
to
e n ele tion on o letion unde e tion
o the
it l
llo n es t
to i e e e t to this ondition
nd
to su it the lue s e i ied in the s e i l onditions to M Re enue nd
Customs for the purposes of their respective capital allowance computations.
M inten n e ee ents
he selle
ees to use e son le ende ou s to t ns e to the u e t
the u e s ost the ene it o the inten n e ee ents s e i ied in the
s e i l onditions
he u e ust ssu e nd inde ni the selle in
es e t o ll li ilit unde su h ont ts o the tu l o letion d te
ww w. l a n s d ow n e a uct i ons. co. uk
ndlo d nd en nt t
his ondition
lies he e the s le is ele nt dis os l o the
u oses o
t o the ndlo d nd en nt t
he selle
nts th t the selle h s o lied ith se tions
nd o
th t t nd th t the e uisite o it o u li in ten nts h s not e ted the
offer.
le
titione
his ondition
lies he e the s le is
titione eithe s
seller or as agent of the seller.
he
titione h s een dul
ointed nd is e o e ed to sell the lot
eithe the
titione no the i o n e e o the i to hi h
the practitioner belongs has any personal liability in connection with the sale or
the e o n e o the selle s o li tions he t ns e is to in lude de l tion
e ludin th t e son l li ilit
he lot is sold
in its ondition t o letion
o su h title s the selle
h e nd
ith no title u ntee
and the buyer has no right to terminate the contract or any other remedy if
in o tion o ided out the lot is in u te in o lete o issin
he e ele nt
(a) the documents must include certified copies of those under which the
titione is ointed the do u ent o
oint ent nd the
titione s
e t n eo
oint ent nd
the selle
e ui e the t ns e to e the lende e e isin its o e o
s le unde the
o o et t
he u e unde st nds this ondition
nd ees th t it is i in the
circumstances of a sale by a practitioner.
the s e i l onditions st te he e e no e lo ees to hi h
lies this is
nt
the selle to this e e t
the s e i l onditions do not st te he e e no e lo ees to hi h
lies the ollo in
hs l
(a) The seller must notify the buyer of those employees whose contracts of
e lo ent ill t ns e to the u e on o letion the
ns e in
lo ees his noti i tion ust e i en to the u e not less th n d s
before completion.
he u e on i s th t it ill o l ith its o li tions unde
nd
n s e i l onditions in es e t o the ns e in
lo ees
he u e nd the selle
no led e th t u su nt nd su e t to
the
ont ts o e lo ent et een the ns e in
lo ees nd the selle ill
transfer to the buyer on completion.
d he u e is to ee the selle inde ni ied inst ll li ilit o the
ns e in
lo ees te o letion
n i on ent l
G21.1 This condition G21 only applies where the special conditions so provide.
G21.2 The seller has made available such reports as the seller has as to the
environmental condition of the lot and has given the buyer the opportunity to
carry out investigations (whether or not the buyer has read those reports or
ied out n in esti tion nd the u e d its th t the i e t es into
account the environmental condition of the lot.
G21.3 The buyer agrees to indemnify the seller in respect of all liability for or
resulting from the environmental condition of the lot.
e ie h e
his ondition
lies he e the lot is sold su e t to ten n ies th t
include service charge provisions.
G22.2 No apportionment is to be made at completion in respect of service
charges.
G22.3 Within two months after completion the seller must provide to the buyer
a detailed service charge account
for the service charge year current on completion showing:
se i e h e e enditu e tt i ut le to e h ten n
ents on ount o se i e h e e ei ed o e h ten nt
n
ounts due o ten nt th t h e not een e ei ed d n se i e
h e e enditu e th t is not tt i ut le to n ten n nd is o th t e son
irrecoverable.
n es e t o e h ten n i the se i e h e ount sho s th t
(a) payments on account (whether received or still then due from a tenant)
e eed tt i ut le se i e h e e enditu e the selle ust
to the u e
n ount e u l to the e ess hen it o ides the se i e h e ount
tt i ut le se i e h e e enditu e e eeds
ents on ount
hethe those
ents h e een e ei ed o e still then due the u e
must use all reasonable endeavours to recover the shortfall from the tenant at the
ne t se i e h e e on ili tion d te nd
the ount so e o e ed to the
selle ithin i e usiness d s o e ei t in le ed unds
but in respect of payments on account that are still due from a tenant condition
G11 (arrears) applies.
n es e t o se i e h e e enditu e th t is not tt i ut le to n
ten n the selle ust
the e enditu e in u ed in es e t o the e iod
e o e tu l o letion d te nd the u e ust
the e enditu e in u ed
in es e t o the e iod te tu l o letion d te n ne ess
onet
d ust ent is to e de ithin i e usiness d s o the selle o idin the
se i e h e ount to the u e
the selle holds n ese e o
sin in und on ount o utu e se i e h e e enditu e o de e i tion
fund:
(a) the seller must pay it (including any interest earned on it) to the buyer on
o letion nd
(b) the buyer must covenant with the seller to hold it in accordance with the
terms of the tenancies and to indemnify the seller if it does not do so.
Rent e ie s
his ondition
lies he e the lot is sold su e t to ten n unde
which a rent review due on or before the actual completion date has not been
agreed or determined. G23.2 The seller may continue negotiations or rent review
proceedings up to the actual completion date but may not agree the level of the
revised rent or commence rent review proceedings without the written consent of
the u e su h onsent not to e un e son l ithheld o del ed
ollo in o letion the u e ust o lete ent e ie ne oti tions o
proceedings as soon as reasonably practicable but may not agree the level of the
e ised ent ithout the itten onsent o the selle su h onsent not to e
unreasonably withheld or delayed.
he selle ust o tl
i e to the u e ull det ils o ll ent e ie ne oti tions nd o eedin s
in ludin o ies o ll o es onden e nd othe
e s nd
(b) use all reasonable endeavours to substitute the buyer for the seller in any rent
review proceedings.
he selle nd the u e e to ee e h othe in o ed o the o ess o
the ent e ie nd h e e d to n o os ls the othe
es in el tion to it
hen the ent e ie h s een eed o dete ined the u e ust
account to the seller for any increased rent and interest recovered from the tenant
th t el tes to the selle s e iod o o ne shi ithin i e usiness d s o e ei t
of cleared funds.
ent e ie is eed o dete ined e o e o letion ut the
increased rent and any interest recoverable from the tenant has not been received
by completion the increased rent and any interest recoverable is to be treated as
arrears.
he selle nd the u e e to e thei o n osts in el tion to ent
review negotiations and proceedings.
en n ene ls
his ondition
lies he e the ten nt unde ten n h s the i ht
to e in in o u tion unde
t o the ndlo d nd en nt t
s
amended) and references to notices and proceedings are to notices and
o eedin s unde th t t
he e
ti le ithout e osin the selle to li ilit o en lt the
seller must not without the written consent of the buyer (which the buyer must
not unreasonably withhold or delay) serve or respond to any notice or begin or
continue any proceedings.
the selle e ei es noti e the selle ust send o to the u e ithin
five business days and act as the buyer reasonably directs in relation to it.
ollo in o letion the u e ust
ith the o o e tion o the selle t e i edi te ste s to su stitute itsel s
t to n o eedin s
(b) use all reasonable endeavours to conclude any proceedings or negotiations for
the renewal of the tenancy and the determination of any interim rent as soon as
e son l
ti le t the est ent o ents e son l o t in le nd
(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 that
el tes to the selle s e iod o o ne shi o the lot ithin i e usiness d s o
receipt of cleared funds.
he selle nd the u e e to e thei o n osts in el tion to the
renewal of the tenancy and any proceedings relating to this.
nties
il le
nties e listed in the s e i l onditions
he e
nt is ssi n le the selle ust
(a) on completion assign it to the buyer and give notice of assignment to the
e son ho e the
nt
and
(b) apply for (and the seller and the buyer must use all reasonable endeavours to
o t in n onsent to ssi n th t is e ui ed onsent h s not een o t ined
completion the warranty must be assigned within five business days after the
consent has been obtained.
nt is not ssi n le the selle ust te o letion
hold the
nt on t ust o the u e nd
t the u e s ost o l ith su h o the l ul inst u tions o the u e
in relation to the warranty as do not place the seller in breach of its terms or
e ose the selle to n li ilit o en lt
o ssi n ent
he u e ust not ssi n o t e o othe ise t ns e o
t ith the
hole o n
t o the u e s inte est unde this ont t
Re ist tion t the nd Re ist
his ondition
lies he e the lot is le sehold nd its s le
either triggers first registration or is a registrable
dis osition he u e ust t its o n e ense nd s soon s
ti le
o u e th t it e o es e iste ed t nd Re ist s o ieto o the lot
(b) procure that all rights granted and reserved by the lease under which the
lot is held e o e l noted inst the e ted titles nd
(c) provide the seller with an official copy of the register relating to such lease
showing itself registered as proprietor.
his ondition
lies he e the lot o
ises t o
e iste ed title he u e ust t its o n e ense nd s soon s
ti le
l o e ist tion o the t ns e
o ide the selle ith n o i i l o nd title l n o the u e s ne
title nd
oin in n e esent tions the selle
o el
e to nd Re ist
relating to the application.
oti es nd othe o uni tions
ll o uni tions in ludin noti es ust e in itin
Communication to or by the seller or the buyer may be given to or by their
conveyancers.
P RO P E RT Y AU C T I O N S
L o n d o n & N at i o n a l
o uni tion
e elied on i
deli e ed h nd o
de ele t oni ll nd e son ll
no led ed uto ti
no led e ent does not ount o
(c) there is proof that it was sent to the address of the person to whom it is to
be given (as specified in the sale memorandum) by a postal service that offers
no ll to deli e
il the ne t ollo in usiness d
o uni tion is to e t e ted s e ei ed
hen deli e ed i deli e ed h nd o
hen e son ll
no led ed i
de ele t oni ll ut i deli e ed o
de te
hou s on usiness d
o uni tion is to e t e ted s
e ei ed on the ne t usiness d
o uni tion sent
ost l se i e th t o e s no ll to
deli e
il the ne t ollo in usiness d
ill e t e ted s e ei ed on the
second business day after it has been posted.
ont ts Ri hts o hi d ties t
No one is intended to have any benefit under the contract pursuant to the
ont t Ri hts o hi d ties t
t
onditions o le
i tion o loss
n
o ed in n i l institution is e e o
i ited
th t is
n o uildin so iet th t h s si ned u to the n in ode
or is otherwise acceptable to the auctioneers.
he inte est te i not s e i ied in the s e i l onditions is
o e the se te o ti e to ti e o
l s n l
he idde is the e son to ho the lot is no ed do n nd ho
actually bids for the lot.
he in luded ite s e ns ll i tu es nd ittin s e e t ten nt s
nd t de i tu es nd ittin s nd he e ele nt nd li le n othe
u nitu e u nishin s l nt
hine
i es i es o othe ondu tin
edi o n othe e ui ent o othe ite s e essed to e in luded in the
sale of the lot.
i tion o ene l onditions
he ollo in sh ll e dded to ene l ondition
ll tte s th t e un e iste ed inte ests hi h ll ithin n o the
hs o hedules nd o the nd Re ist tion t
nd ll
su h un e iste ed inte ests s e t the lot to the e tent th t the e
ese ed the t nsition l o isions o hedule o the nd
Re ist tion t
ene l ondition
sh ll e deleted nd e e l ed the
following:
ill e held the u tionee s s st eholde unless the s e i l onditions
o ide othe ise
ene l ondition
sh ll e deleted nd e l ed the
following:
he e the u tionee s hold the de osit s st eholde
he u e
he e i e o l utho ises the u tionee to ele se su h de osit to the
elle s on e n e u on e ei t the u tionee s o itten on i tion
o the elle s on e n e th t o letion h s t en l e nd o the
oid n e o dou t u on the u tionee s ele sin the de osit thei li ilit
s st eholde sh ll e dis h ed
o letion does not t e l e the elle nd the u e he e
i e o l utho ise the u tionee s to ele se it to the e son entitled to it
unde the le onditions
ene l ondition
sh ll e deleted nd sh ll e e l ed the
following:
“If the instrument of payment of the deposit is not honoured on first
presentation or if the buyer fails to pay the deposit the seller shall have the
option of rescinding the contract or affirming the contract and if the seller
affirms the contract then either:
the selle
dete ine the ont t nd o eit the de osit
hi h sh ll e in due to the selle nd in ddition the u e sh ll e in
li le on his inst u ent o
ent o
the selle
see e o n e o the ont t nd in eithe se i
the selle in s the ont t to n end su h n t ill e ithout e udi e to
his right to bring a claim against the buyer for breach of contract.
n ene l ondition
the o d
sh ll e deleted nd
e l ed the o d
n ene l ondition
the o ds on o te sh ll e deleted nd
e l ed the o ds t n ti e te
hou s on
n ene l ondition
the o ds nd n inte est on it sh ll e
deleted.
he o ds less n de osit id sh ll e deleted o ene l
ondition
he o ds n ddition the selle sh ll e entitled to e ei e in o e
in respect of the lot during any period of delay in completion up to the actual
o letion d te sh ll e dded to ene l ondition
he o ds su e t to the u e o idin su h se u it
inst loss
o li ilit s the selle sh ll e son l e ui e sh ll e inse ted t the
beginning of general condition G12.3(a).
n ene l ondition
the o ds usiness d s sh ll e
deleted and replaced by the words “business days (or such shorter period as the
selle sh ll e son l sti ul te
onditions o le
ww w. l a n s d ow n e a uct i ons. co. uk
he u e sh ll e dee ed to h e ull no led e o the onditions
(copies of which are available for inspection at the offices of the auctioneers
nd the selle s on e n e du in usiness hou s nd in the s le oo
the e is n on li t et een these onditions nd the s e i l
onditions the s e i l onditions sh ll e il
t n ti e n o
the conditions become invalid illegal or enforceable in any respect under any
law the validity illegality and enforceability of the remaining conditions shall
not be in any way affected or impaired thereby.
i ilities o the idde
the idde
es su ess ul id o the lot the idde sh ll e
dee ed to h e i en
nt on the t o hi sel the u e nd n one
signing the sale memorandum on behalf of the buyer:
th t the idde o n one si nin on eh l o the u e h s the
e ess utho it to do so nd to ind the u e nd
th t the inst u ent o
ent o the de osit ill e honou ed on
first presentation and within 3 business days of presentation.
n onside tion o the selle ente in into the ont t t the e uest
o the idde the idde sh ll e ointl nd se e ll li le ith the u e to
observe and perform the terms of the contract notwithstanding that the bidder
purports to act as agent for the buyer and despite purporting to sign the sale
memorandum on behalf of the buyer.
the u e sh ll e o n then
the ont t sh ll h e een ente ed into t the e uest o the
idde
the idde
nts th t the u e is
o e l onstituted
company of good standing with the power to purchase any estate or interest in
l nd in n l nd nd les nd th t the idde h s een dul utho ised the
u e to ind the u e to u h se the lot
the idde u ntees to the selle th t
the idde sh ll ithin usiness d s o n e uest the selle
odu e to the selle su h e iden e s he
e ui e to on i the
nties i en the idde
the u e ill o se e nd
perform its obligations under the contract to purchase the lot and the bidder
ill
e ood to nd ee the selle inde ni ied inst ll losses osts
tions d
es nd e enses o the selle isin s esult o the u e
failing to observe its obligations under the contract and the liabilities of the
bidder under this provision shall not be released by any delay on the part of the
seller in enforcing the contract against the buyer or by giving any time to the
u e in hi h to e o its o li tions
i n li uid to o the u e sh ll dis l i the ont t then the
selle
ithin
usiness d s o e ei in noti i tion o su h dis l i e
ie
usiness d s noti e to the idde e ui in the idde to o lete the
contract as if the bidder were the buyer and upon the same terms and
conditions of the contract (including the payment of all interest and costs
stipulated in the conditions).
en n ies
his ondition lies he e the lot is sold su e t to ten n ies
he u e sh ll e t su h e iden e o in o tion o the te s o
the tenancies as the seller can supply.
o e esent tion is de the selle th t the ents st ted in the
ti ul s o the onditions e ein id o e o e l
le onl th t
they are the rents actually payable to the seller.
he u e ill s tis hi sel e o e the u tion s to the o e tness
of all rents and as to whether they are properly payable.
he u e sh ll u h se the lot su e t to n su ten n ies
regardless of whether they have been disclosed in the particulars or the
conditions.
le
i te e t
The seller reserves the right to sell any part of the lot by private treaty before
the auction.
lte tions to ti ul s
The seller reserves the right to alter or add to the particulars and/or the
conditions applicable to the lot at any time prior to the auction.
i it tion o li ilit o the u tionee s
o the oid n e o dou t the li ilit o the u tionee s o n o
its ent o nies su sidi ies ili tes thi d t se i e o ide s
li enso s o i e s di e to s o e lo ees is not e luded o li ited o de th
o e son l in u esultin o its ne li en e o
udulent
is e esent tion o in el tion to n othe li ilit th t
not
li le l
e e luded o li ited
u e t to l use
neithe the u tionee s no n o its
ent o
nies su sidi ies ili tes thi d t se i e o ide s
li enso s o i e s di e to s o e lo ees e ts n li ilit unde o in
relation to these Conditions or the Lot (whether such liability arises due to
ne li en e e h o ont t is e esent tion o o n othe e son
o n loss o o its loss o s les o tu no e loss o usiness loss o o
loss o use o n so t e nd o d t loss o o d
e to e ut tion loss
o o o tunit loss o in o tion loss o nti i ted s in s lost o
sted
ti e indi e t loss o d
e onse uenti l loss o d
e o s e i l loss
o d
e e en i the u tionee s o n o its ent o
nies
su sidi ies ili tes se i e o ide s li enso s o i e s di e to s o
employees have been advised of the possibility of such loss and for the
u oses o this l use the te
loss in ludes
ti l loss o edu tion in
value as well as a complete or total loss.
n luded te s
The buyer shall satisfy himself as to the ownership of all included items before
in
id o the lot n ddition the u e sh ll s tis hi sel s to hethe
or not any included items are owned by the seller or any tenants of the lot or are
on hire or hire purchase from any relevant supply company. The seller accepts no
responsibility in respect of payments that may be outstanding in respect of them
or any responsibility or liability in the matter whatsoever.
Rele se o elle o
o en nts in e ses
his ondition
lies he e the lot is sold su e t to ten n ies nd the o isions o the
ndlo d nd en nt o en nts t
l nd e e en es to noti es nd
o eedin s e to noti es nd o eedin s unde th t t
he selle
may within the period commencing on the date of the sale memorandum up to
o letion se e noti e on n ten nt o the lot in o d n e ith the t
e uestin
o lete ele se o the selle o utu e li ilit unde the lesso
o en nts ont ined in n ele nt ten n ies
the selle se es n
such notice the seller shall use reasonable endeavours to obtain such a release
without being obliged to apply to the court for a declaration and the buyer
ees o tl to su l t the u e s ost su h in o tion s the selle
e son l e ui es to s tis the ten nt unde n ele nt ten n o the ou t
th t it is e son le to nt the ele se e uested
the selle ils to o t in n su h ele se o the s id o en nts
o letion o does not se e n su h noti e then in the t ns e the u e
shall covenant with the seller:
to se e noti e in itin on the selle on o letion o ithin
business days after completion of the transfer of the lot or any part of it by the
buyer to any transferee of the buyer
until su h ti e i e e th t the selle is ele sed o the lesso s
o en nts in n ele nt ten n the u e ill o t in o en nt o his
transferee in favour of the seller in identical form (mutatis mutandis) to this
l use nd the ties ill l to the hie nd Re ist to ente
in the o ieto shi Re iste o the title to the lot est i tion e entin the
e ist tion o n u the t ns e o the lot e e t unde n de o the
Re ist unless the li tion is o
nied
e ti i te the soli ito s
of the registered proprietor stating either that the provisions of this clause have
been performed or that the seller has been fully released from future liability
under the covenants contained in any relevant tenancy.
P RO P E RT Y AU C T I O N S
L o n d o n & N at i o n a l
Memorandum of Sale
Date :
Lot Number :
Address :
Seller/s :
Buyer/s :
Buyer/s Address :
The Seller agrees to sell and the Buyer agrees to buy the Lot for the price of
and has paid to Lansdowne Auction a deposit of
Signed by the Buyer:
Full Names of Signatories:
Capacity:
Purchase Price:
We acknowledge receipt of the deposit
Deposit Paid:
Balance Due:
Signed by us as agents for the seller
The Buyer’s Solicitors are:
Address/DX:
Contact:
to the co.
deposit
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a uct i ons.
ukto be paid to Lansdowne Auctions on exchange of contracts you are required to pay
a Buyers Administration Fee of £650.
N e x t Au c t i o n
2 3 r d N ov e m b e r 2 0 1 6
Venue
Grosvenor House, 86-90 Park Ln, London W1K 7TN
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