BY DIRECTION OF THE TRUSTEES OF NEWNHAM ESTATE 2 SMITHY COTTAGES NEWNHAM BRIDGE, TENBURY WELLS, WORCESTERSHIRE, WR15 8LP GUIDE PRICE £75,000 INVESTMENT OPPORTUNITY SEMI-DETACHED TWO BEDROOM VICTORIAN COTTAGE AND GARDENS. FOR SALE BY PUBLIC AUCTION SUBJECT TO CONDITIONS OF SALE OR UNLESS SOLD PRIVATELY ON THURSDAY, 22ND SEPTEMBER 2016 AT 6PM AT THE FOUNTAIN INN, OLDWOOD ROAD, TENBURY WELLS, WORCESTERSHIRE, WR15 8TB 2 SMITHY COTTAGES, NEWNHAM BRIDGE, TENBURY WELLS, WORCESTERSHIRE, WR15 8LP APPROXIMATE DISTANCES Tenbury Wells – 4 miles, Ludlow – Kidderminster - 14 miles, Worcester M5 Junction 6 – 22 miles, Birmingham – 32 miles. 13 20 miles, miles, DIRECTIONS From Teme Street, Tenbury Wells head north over the Teme Bridge and at the Swan Garage T Junction turn right onto the A456 in the direction of Kidderminster. After 3.3 miles in Newnham Bridge turn left signposted for Bickley and Knightonon-Teme and 2 Smithy Cottages will be found on the right hand side as indicated by a Nick Champion ‘For Sale’ board. SITUATION & DESCRIPTION 2 Smithy Cottages is a semi-detached Victorian cottage which is approached off a council lane leading off the A456 and enjoys views across open farmland. The market town of Tenbury Wells is a short drive away. Newnham Bridge is on a bus route and there is a regular service which runs between Tenbury Wells and Worcester. ACCOMMODATION Entrance lobby, wet room, living room, kitchen and two first floor bedrooms. OUTSIDE The property benefits from parking for two cars in a layby adjacent to the council lane. The property is approached by steps leading to the front garden and a path to the rear garden with outbuildings. SERVICES - Mains water and electricity - Shared private drainage the five working days immediately preceding the day of the sale. These conditions may also be inspected in the saleroom at the time of the sale but they will not then be read. The purchaser will be deemed to bid on the terms contained in the Common Auction Conditions (2009) and the special and general conditions and shall be deemed to have purchased with full knowledge thereof, whether or not he shall have read the said conditions. MONEY LAUNDERING REGULATIONS 2007 To comply with the Regulations, the successful purchaser(s) will be required to provide proof of identity on the fall of the hammer to include copies of a current passport or photo card driving licence and a current utility bill; and provide details of funding. BUYER’S ADMINISTRATION FEE The successful purchaser(s) will be liable to pay a buyer’s administration fee of £250 + VAT (total £300) to Nick Champion on the fall of the hammer. VENDOR’S SOLICITORS Norris & Miles 6 Market Square, Tenbury Wells, Worcestershire, WR15 8BW Tel: 01584 810575 - Contact Mrs Sharon Hopewell AUCTIONEER Nick Champion FNAEA, FNAVA VIEWING The exterior of the property can be viewed by prior appointment. Internal viewings permitted only with the consent of the tenants. View all of our properties for sale or to let at:www.nickchampion.co.uk LOCAL AUTHORITY Malvern Hills District Council – Tel: 01684 862151 Council Tax Band B FIXTURES & FITTINGS Only those mentioned in the particulars are included in the sale. All other items will be excluded. ENERGY PERFORMANCE CERTIFICATE EPC Rating G – Full details available upon request. TENURE Freehold - subject to a Protected Tenancy The property is occupied by Mr and Mrs Preece, protected tenants at a rent of £65 per week (tbv). OVERAGE CLAUSE An overage clause will be included in favour of the vendors for any planning permission on the property which provide for additional residential dwellings or commercial units equating to 50% of the enhancement in value over and above the purchase price for a period of 50 years from the completion date (see contract). EASEMENTS, WAYLEAVES & RIGHTS OF WAY All prospective purchasers are advised to clarify matters relating to easements, rights of way, wayleaves, etc. with their solicitor or surveyor. EXCHANGE & COMPLETION Completion is set for 20th October, 2016. The successful purchaser(s) (or their agent) will be required to sign the contract of sale immediately after the auction and pay a 10% deposit by cheque to the vendor’s solicitor. CONDITIONS OF SALE The property will unless previously withdrawn, be sold subject to the Common Auction Conditions (2009) and the special and general conditions of sale which have been settled by the vendor’s solicitors. These conditions are available for inspection at the office of the auctioneers and the vendor’s solicitors during N218 Printed by Ravensworth 01670 713330 These particulars have been prepared in good faith to provide a general overview of the subject property and not a statement of fact. Any photograph(s) may portray only parts of the subject property at the time they were taken and may no longer be an accurate representation. Prospective purchasers should make their own enquiries as to the structural condition of the property and the nature and condition of any services, appliances, equipment or facilities that may be included in the sale. All areas, measurements, aspects and distances referred to within the particulars are merely provided as a guide and are approximate, and prospective purchasers must rely on their own enquiries. These particulars are provided on the understanding that all negotiations are conducted through Nick Champion. Neither these particulars nor oral representations form part of any offer or contract and their accuracy cannot be guaranteed. Prospective purchasers are strongly advised to obtain verification of all matters pertaining to the sale of the subject property from their own solicitor or surveyor.