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Loveitts Cover.qxp_Layout 1 28/06/2016 16:23 Page 2
O
PR
TY
R
PE
AU
C
TI
O
N
S
Thursday 14th July 2016
6.30pm
(open from 5.30pm)
Village Urban Resort Hotel, Dolomite Ave
C a n l e y, C o v e n t r y C V 4 9 G Z
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Important Notice to Bidders
1. The attention of prospective purchasers is drawn to the general and special conditions of sale which are available for inspection
at the office of the Vendors Solicitors and at the office of the Auctioneers, plus any addendums that are issued prior to or on the
night of the auction.
2. Prospective purchasers shall be deemed to have inspected the relevant property. The vendor’s solicitors will provide a contract
pack including the usual necessary searches and enquiries with all relevant authorities and other bodies. This is available for
inspection at the Auctioneers office, during normal business hours. It is advisable to arrange for a survey of the property prior to
the Auction.
3. As soon as the Auctioneers gavel falls on a bid, the successful bidder is under a binding contract to purchase the relevant property.
The purchaser is immediately at risk in relation to the property and should therefore have confirmed bank or building society finance
arranged (if required) and will also be deemed to have made prior arrangements for any insurance cover that is required.
Completion will occur 28 days after exchange, unless otherwise specified.
4. On a property being knocked down, the successful bidder must immediately present to the Auctioneers Clerk his name and
address and if appropriate, the name and address of the person or company on whose behalf he has been bidding, also the
2 forms of identification requested concerning the Money Laundering Act 2007 - this information is detailed separately.
5. The successful bidder must sign and exchange contracts with the Vendors Solicitors prior to leaving the room and at the same
time pay to the Solicitor a deposit of 10% of the purchase price plus the Buyer’s Premium. In default of any of the above,
the Auctioneer shall be entitled as Agent for the Vendors, to treat the failure or default as repudiation and rescind the contract.
Thereafter the Auctioneer shall be entitled to re-submit the property for sale and if a successful bidder does not pay a deposit
and/or complete the memorandum the Vendor reserves the right to claim any loss he suffers as a result.
6. The Vendor has a right to sell before Auction or withdraw the Lot and neither the Auctioneer nor the Vendor is responsible for any
abortive costs, loss or damages incurred by a prospective purchaser in these circumstances. Information as to prior sale or the
withdrawal of a Lot can be obtained from the Auctioneers at any time prior to the Auction but vaild only at the time of enquiry.
7. Prospective purchasers are strongly advised to check any sales particulars as to measurements, areas and all other matters to
which the properties are expressed to be subject to and have the benefit of. In respect of any contents,fixtures and fittings,
expressed to be included within the sale an inspection of the property must be made, and the Legal Information provided by the
vendors solicitors must be inspected. All measurements and areas referred to in this catalogue are approximate only.
8. All location plans published in the particulars of sale are to enable prospective purchasers to locate the property only. The plans
are photographically reproduced and therefore not to scale and are not intended to depict the interest to be sold but are for
identification purposes only. The boundary lines and numbers on the photographs are again only to enable prospective purchasers
to locate the property and are not intended to depict the interest to be sold. Purchasers are advised to view the special conditions
in respect of the precise interest to be conveyed.
9. Any guide prices or any estimates or values mentioned in negotiations or discussions with the Auctioneers or any of their
representatives cannot be relied upon by a prospective purchaser as representing professional valuations for any purpose in
accordance with the requirements on guidance notes of relevant professional bodies or other authorities. In all respects prospective
purchasers are deemed to have relied upon their own knowledge or the advice of their own professional or other advisors.
10. Guide Price ranges are provided as an indication of the sellers minimum expectations. They are not necessarily figures that the
property will sell for and may change at any time prior to the auction. Each property will be subject to a Reserve Price which is
the figure below which the auctioneer cannot sell the property below, at auction. The reserve price will be no higher than the upper
end of the Guide Price range.
11. Bids may be refused at the Auctioneer’s discretion. The Auctioneers reserve the right to bid on behalf of the Vendor up to the
reserve.
12. Inspection of investment properties is courtesy of the tenant. Inspection of properties with vacant possession only by arrangement
with the Auctioneers. Interested parties should ring the office to discuss viewing arrangements or book keys before making their
journey.
13. Properties sold at auction are not normally cleared of furniture and effects on completion.
14. Property Insurance: Please refer to contract information for confirmation as to the responsibility of insurance of the property in
between exchange and completion.
For further guidance to Buying at Auction please visit our website: loveitts.co.uk.
Page 3.qxp_Layout 1 28/06/2016 16:23 Page 1
Important Information - Identification and payment
The sucessful bidder must provide 2 forms of identification and pay their 10% deposit (minimum £2,000), plus buyers
premium. Contracts are signed on the night of the auction and a legal binding contract is formed on the fall of the hammer.
Money Laundering Regulations
Proof of identity - one of the following
• Current signed passport
• Current full UK EU photo card driving licence, NOT a provisional driving licence
Plus
Proof of Address - one of the following
• Utility bill issued within the last three months (gas, electricity, council tax, telephone, water rates but NOT
mobile phone)
• Bank or Building Society statement
Please note that only the above documents will be accepted at the auction venue.
In Addition
• If a bidder is acting as an agent on behalf of another party, they will be required to provide the
documents detailed above for both themselves (the agent) and the principal, as well as providing a valid
letter of authority from the principal authorising them to bid on their behalf.
• If a bidder is acting on behalf of a company, the above documents will still be required along with a
written authority from the company.
Failure to comply with the above could invalidate your bid and purchase of any Lot.
£
Buyers Premium and Deposit
The successful purchaser will be required to pay the Auctioneer a buyer’s fee upon exchange of contracts,
as well as their 10% deposit (minimum £2,000).
Guide Price
Up to £20,000
Up to £250,000
£250,001 +
Buyers Premium
£450 (inc VAT)
£600 (inc VAT)
£840 (inc VAT)
Payments can be made with debit card, bankers draft, building society cheque, personal
cheque (credit cards or cash will not be accepted).
Conditions of Sale/ Legal Information
The Lots will, unless previously withdrawn, be sold subject to the RICS Special and General Conditions of
Sale which have been prepared by the Vendors’ Solicitors. These Conditions along with all prepared Legal
Information is available via Loveitts website and all parties wishing to inspect a Legal Pack can register
their details on the site. The legal packs are available via a service provided by The Essential Information
Group Ltd, which will not only allow the download of the Legal Pack but will also keep you updated with any
changes to the pack. Please note however that it is the responsibility of all bidders to recheck the Legal
Packs for any changes prior to bidding, and the Auctioneer can accept no responsibility for any bidders not
adhering to this advice.The Purchaser shall be deemed to bid on those terms, whether he shall have
inspected the Conditions or not.
For any queries regarding the process of buying at Auction please do not hesitate to
contact the Auction Team on 024 7652 7789 or visit our website: loveitts.co.uk
Page 4.qxp_Layout 1 29/06/2016 13:01 Page 1
Auction Venue
Thursday 14th July 2016
Starting at 6.30pm
Village Urban Resort Hotel, Dolomite Avenue, Canley, Coventry CV4 9GZ
Road directions: 1 mile from A45, 8 miles from M42 J6, 3 miles from A46
Nearest train station: Coventry Station: (2 miles)
BROAD
LANE
A45
BROA
D LAN
E
OLD COVENTRIANS
RUGBY FOOTBALL CLUB
TILE HILL LANE
01
B41
B4101
RENOWN AVENUE
SAINSBURY’S
COMAG FORWARD
MULTIMATIC
EY
ABENA UK
HEARSALL
COMMON
NL
B4101
CA
B4101
RO
AD
VILLAGE URBAN
RESORT HOTEL
NUE
AVE
TE
MI
LO
DO
FLETCHAMSTEAD HWY
CITROEN
COVENTRY
LANE
SALL
HEAR
A45
PALMET & HARVEY
The Team
Kendall Head
Sally Smith
Sara Herbert
Jodie Bond
John Pugh
Director and Auctioneer
Auction Manager and
Associate Director
Auction Co-ordinator
Administration and
Legal Co-ordinator
Commercial Director
Chris Corbishley Forbes
Chris Priestley
Mark Turner
Dean Davies
Paul Barnes
Coventry
Residential Manager
Leamington Spa
Branch Manager
Southam
Branch Manager
Lettings Manager &
Associate Director
Nuneaton & Bulkington
Branch Manager
For further information on any of the Lots offered please do not hesitate to
contact us on 024 7652 7789 or visit our website at loveitts.co.uk
Page 5.qxp_Layout 1 28/06/2016 16:24 Page 1
Frequently Asked Questions
What is a guide price?
The guide price is an indication of the sellers’ minimum expectation. It is not a valuation or a figure at which a lot will sell for
and may change at any time prior to auction.
What is a reserve price?
Each Lot will be offered subject to a reserve. This is the figure below which the auctioneer cannot sell the lot. The reserve
will be set within the guide price range and will be no higher than the upper end of the guide price range.
Can I view the property before the auction?
Yes of course, just visit our web site or call our office to arrange a viewing.
Can I get a survey done on the property prior to the auction?
If you require a survey, your surveyor should contact us for access.
Do I need a solicitor?
Yes you do! You can choose to appoint a solicitor prior to the auction to review the Legal Pack on your behalf. If you are the
successful bidder, you will be required to provide details of your solicitor on the night of the auction, as you will need legal
representation to deal with the completion of your purchase.
Do I need to register to bid at auction?
There is no requirement to pre-register for the auction.
What if I can’t attend the auction - can I still bid?
We strongly advise you to attend the auction but for those who are unable, we provide a remote bidding service by telephone
or proxy bid. Telephone/proxy bidding forms are available within the catalogue. The completed form must be returned to
Loveitts Coventry office not less than 2 working days prior to the auction, together with payment for the 10% deposit and
the Buyers’ Premium.
Can someone else bid on my behalf on the night?
Yes, however they must bring with them 2 forms of ID for themselves in addition to your 2 forms of ID. They will also
need a Letter of Authority from you. It must be noted that should you default, the bidder will be liable.
What do I need to bring with me to the auction?
You must bring with you 2 forms of ID, something that has your photo on it, (passport or photo card style driving licence),
plus proof of address (recent utility bill or bank statement). Without your 2 forms of ID you will be unable to bid at the
auction. Only original documents will be accepted. ID is required by anyone who will be signing the contract.
Are there any other costs involved?
Successful bidders will be liable to pay a Buyers Premium as indicated in the catalogue. You will usually be required to pay
for the legal searches, as per the solicitors Legal pack, plus any other costs that the sellers’ solicitors has added into the
contract (if any). It is essential therefore that you have read the legal documents prior to the auction.
If I am a successful purchaser, when do I need to pay the balance of the
purchase price and complete the sale?
The remainder of the monies are payable no later than 28 days after the night of the auction (unless stated otherwise in the
contract), this is when completion will take place, and the property becomes yours.
What happens if I change my mind after winning a bid?
On the fall of the hammer you enter into a binding contract. If you fail to complete on time you may lose the property and
your deposit. You will be in breach of contract and risk being sued by the seller.
Who insures the property following the auction?
The responsibility of insuring the property from the night will be as per the solicitor’s Legal Pack for each individual property.
Page 6.qxp_Layout 1 29/06/2016 12:41 Page 1
Order of Sale
Lot No.
Address
*Guide Prices
Description
1
Land at Main Street, Sutton Cheney, Leicestershire CV13 0AP
£20,000 - £25,000
Land
2
34 Merevale Avenue, Nuneaton, Warwickshire CV11 5LU
£85,000 - £95,000
Semi-detached house
3
Land at St Mary's Close, Priors Hardwick, Warwickshire CV47 7SW
POSTPONED
Land
4
52 Aston Road, Abbey Green, Nuneaton, Warwickshire CV11 5EJ
£75,000 - £85,000
End of terrace house
5
28 Green Farm End, Kineton, Warwickshire CV35 0LD
£225,000 - £250,000
Detached house
6
1159, 1163a & b Foleshill Road, Coventry, West Midlands CV6 6EP
£140,000 - £150,000
Investment
7
1167 Foleshill Road, Coventry, West Midlands CV6 6EP
£100,000 - £120,000
Commercial Property
8
16 Station Road, Hinckley, Leicestershire LE10 1AT
£325,000 - £350,000
Office/Investment
9
49 Hall Green Road, Coventry, West Midlands CV6 7BX
£90,000 - £100,000
Semi-detached house
10
22 Clifton Road, Stockingford, Nuneaton, Warwickshire CV10 8BJ
£80,000 - £90,000
End of terrace house
11
Former Black Horse Pub, Spon End, Coventry, West Midlands CV1 3HE
£225,000 - £275,000
Investment
12
Land at 47 Grove Road, Stockingford, Nuneaton, Warwickshire CV10 8JR
£25,000 - £30,000
Land
13
Garage 36 Prince of Wales Road, Coventry, West Midlands CV5 8DH
£5,000 - £9,000
Garage
14
Garage 37 Prince of Wales Road, Coventry, West Midlands CV5 8DH
£5,000 - £9,000
Garage
15
12 Ivor Road, Foleshill, Coventry, West Midlands CV6 7AG
£85,000 - £95,000
Terraced House
16
4 Queen Mary's Road, Coventry, West Midlands CV6 5LL
£85,000 - £95,000
Investment
17
193 Bucks Hill, Nuneaton, Warwickshire CV10 9LE
£70,000 - £80,000
End of terrace house
18
27b Fieldview Close, Exhall, West Midlands CV7 9BJ
£55,000 - £65,000
Maisonette
19
29 Brooklyn Road, Foleshill, Coventry, West Midlands CV1 4JW
£60,000 - £80,000
Terraced House
20
20 Lutterworth Road, Nuneaton, Warwickshire CV11 4LD
£100,000 - £110,000
End of terrace house
21
60 Rotherham Road, Holbrooks, Coventry, West Midlands CV6 4FE
£85,000 - £95,000
Semi-detached house
22
7 Mardol Close, Wyken, Coventry, West Midlands CV2 1BA
£90,000 - £110,000
Semi-detached
bungalow
* Please refer to Auction Information point No 10 found at the front of this catalogue
Conditions of Sale - All lots are sold subject to the RICS Common Auction Conditions, unless otherwise specified
within the Legal Pack. All Legal documents can be found on the Loveitts website, and will be available to view and
download within the 2 weeks prior to Auction.
Page 7.qxp_Loveitts 28/06/2016 16:24 Page 1
LOT 1
Land at Main Street,
Sutton Cheney CV13 0AP
LOT 2
*Guide Price: £20,000 - £25,000
34 Merevale Avenue,
Nuneaton CV11 5LU
*Guide Price: £85,000 - £95,000
DESCRIPTION
Parcel of land extending to approximately 0.17 acres. Within
the heart of the picturesque village of Sutton Cheney.
Potential building plot subject to consents.
DESCRIPTION
2 bedroom semi detached property. With part double glazing
and gas central heating. In need of some improvement. Ideal
investment opportunity.
LOCATION
The land is located on the main road running through Sutton
Cheney on the opposite side of the road to The Hercules Inn,
approximately 50ft past on the left, if the Inn is on your right.
ACCOMMODATION
GROUND FLOOR
Hallway
Lounge 15ft into bay x 11ft 9in
Breakfast Kitchen 16ft 7in x 9ft
Lean to 13ft 7in x 6ft
W.C
Sutton Cheney village itself is located in the South of
Leicestershire approximately 1 mile from the historic town of
Market Bosworth.
The M69 motorway at Hinckley is approx. 5 miles away,
giving easy access to Coventry and Leicester.
FIRST FLOOR
Bedroom one 14ft 3in inc wardrobes x 10ft 6in
Bedroom two 12ft 2in x 9ft 1in
Bathroom 9ft 2in x 7ft 2in
PLANNING
The land is being sold with no planning permission in place
and all enquiries must be forwarded to Hinckley and
Bosworth Borough Council.
T: 01455 238141.
OUTSIDE
FRONT: Paved area.
REAR: Side access to rear garden.
TENURE
Freehold with vacant possession.
TENURE:
Freehold with vacant possession
EPC Rating: E
loveitts.co.uk
* Please refer to Auction Information point No 10 found at the front of this catalogue
Page 8.qxp_Loveitts 28/06/2016 16:28 Page 1
LOT 3
Land at St Mary's Close,
Priors Hardwick CV47 7SW
LOT 4
52 Aston Road,
Nuneaton CV11 5EJ
*Guide Price: £75,000 - £85,000
*Guide Price: £100,000 - £125,000
DESCRIPTION
Building plot (approximately 0.05 acres) with planning
permission for a 2 bedroom detached cottage. Located in a
cul-de-sac in a sought after village near to Southam.
DESCRIPTION
2 bedroom end terraced with double glazing and gas central
heating. In good condition and ready to move in. Ideal
investment. CAN BE SOLD PRIOR TO AUCTION.
LOCATION
The plot is located at the end of St Mary's Close on the left
hand side. Priors Hardwick village is located south east of
Southam.
ACCOMMODATION
GROUND FLOOR
Lounge 13ft 4in x 11ft 7in
Dining room 12ft 2in x 11ft 7in
Kitchen 13ft 10in x 6ft 9in
O
P
ST
D
E
N
PLANNING
Planning permission was granted on 30/11/15 for a 'detached
dwelling', ref: 14/01927/FUL. All enquiries to be forwarded to
Stratford District Council. Tel:01789 260304
PO
FIRST FLOOR
Bedroom one 11ft 7in max x 11ft 3in
Bedroom two 12ft 3in x 8ft 5in max
Bathroom 13ft 11in x 6ft 9in
Email: planning.applications@stratford-dc.gov.uk
TENURE
Freehold with vacant possession
OUTSIDE
REAR: Small decking area.
TENURE
Freehold with vacant possession
EPC Rating: E
loveitts.co.uk
* Please refer to Auction Information point No 10 found at the front of this catalogue
Page 9.qxp_Loveitts 29/06/2016 11:44 Page 1
28 Green Farm End, Kineton, Warwickshire CV35 0LD
LOT 5
*Guide Price: £225,000 - £250,000
DESCRIPTION
4 bedroom detached house plus garage. With double glazing and
oil fired central heating. In need of some improvement. Sought after
South Warwickshire location, approximately 10 miles east of
Stratford Upon Avon. CAN BE SOLD PRIOR TO AUCTION.
LOCATION
The village of Kineton is located adjacent to Gaydon, and has easy
access onto Junction 12 of the M40 motorway.
The property itself is to the east of the village within a cul-de-sac of
similar style properties.
ACCOMMODATION
GROUND FLOOR
Lounge 13ft 7in x 14ft 4in max
Dining room 10ft 10in x 10ft 5in
Kitchen 10ft 1in x 10ft 2in min
FIRST FLOOR
Bedroom one 12ft 11in x 11ft 8in
Bedroom two 13ft 1in x 9ft 7in max
Bedroom three 11ft x 7ft 8in
Bedroom four 8ft 1in x 7ft 4in
Bathroom
OUTSIDE
FRONT
Garden and driveway to single garage.
REAR
Garden.
TENURE
Freehold with vacant possession
EPC Rating: F
loveitts.co.uk
* Please refer to Auction Information point No 10 found at the front of this catalogue
Page 10.qxp_Loveitts 28/06/2016 16:27 Page 1
1159, 1163a & b Foleshill Road, Coventry CV6 6EP
LOT 6
*Guide Price: £140,000 - £150,000
DESCRIPTION
Double fronted Freehold investment opportunity comprising
residential accommodation on the ground and first floor. Previously
used as a computer repair shop, therefore potential for other uses
(subject to consents). Currently producing an income, below
potential, of £10,080 p.a. Adjacent vacant commercial property
also being offered at July 2016 auction as a separate Lot.
There is lapsed planning consent for the demolition of part of
the adjacent building plus this property, for the construction of
13 flats (App No. FUL/2012/1775), granted on 12/12/2012.
ACCOMMODATION
GROUND FLOOR
The ground floor accommodation previously comprised three
bedsits, and is now configured as one flat with a single tenant.
Lobby
Kitchen 12ft 7in x 6ft 11in
Bedroom one 16ft x 10ft 9in
Bedroom two 13ft 9in x 15ft 10in max
Living room / Bedroom three 8ft x 7ft 8in
Bathroom
TENURE
Freehold subject to Tenancies.
NOTE
The neighbouring commercial property is also being offered as
a separate Lot in the July Auction.
FIRST FLOOR
Loveitts have been unable to inspect the first floor and understand
that the accommodation comprises two small flats, with both
currently occupied by a single tenant.
TENANCIES
Assured Shorthold Tenancy, with some bills being paid by the
Landlord. Subject to revised configuration there is potential for a
gross rental income of in excess of £18,000 p.a. (subject to market
conditions).
GROUND FLOOR
Term: Rolling tenancy. Rent payable: £420 p.c.m
FIRST FLOOR
Term: Rolling tenancy. Rent payable: £420 p.c.m
PLANNING
There are various options regarding potential uses, and all enquiries
regarding use are to be directed to Coventry City Council.
Tel: 02476 831 109
Email: planning@coventry.gov.uk
loveitts.co.uk
* Please refer to Auction Information point No 10 found at the front of this catalogue
Page 11.qxp_Loveitts 28/06/2016 16:27 Page 1
1167 Foleshill Road, Coventry CV6 6EP
LOT 7
*Guide Price: £100,000 - £120,000
DESCRIPTION
Unique location - Vacant commercial / retail premises (subject to
consents), adjacent to the Ricoh Arena rear access (bus and taxi
access). Approximately 1000 sqft with part single, part two storey
accommodation, requiring improvement to fit purpose. Adjacent
residential investment property also being offered at July 2016
auction as a separate Lot.
LOCATION
An enviable corner location immediately adjacent to the bus and
taxi access to the rear of Tesco Extra, Ricoh Arena. The property is
located on the Foleshill Road (B4113), a busy main road, with
numerous local shops and amenities, and only 1.5 miles (approx)
from the M6 motorway.
ACCOMMODATION
The property has excellent potential due to its location in such a
prominent position. Once improved to fit purpose, has great
potential rental income.
Side pedestrian access leading into two open plan areas with W.C.
facilities. Access to first floor accommodation requires creation
from ground floor.
Total floor area, on ground floor and first floor extends to
approximately 1000 sqft.
OUTSIDE
Driveway / parking area.
PLANNING
The property has previously been used as a workshop. All enquiries
regarding possible uses to be made to Coventry City Council.
Tel: 02476 831 109
Email: planning@coventry.gov.uk
loveitts.co.uk
* Please refer to Auction Information point No 10 found at the front of this catalogue
There is lapsed planning consent for the demolition of this part
of the building plus the adjacent residential property for the
contruction of 13 flats (App NO: FUL/2012/1775), granted on
12/12/2012.
NOTE
The existing Tyre Business (Cheapest Tyres) located to the rear
is not affected and not included in this sale.
NOTE
The neighbouring residential investment property is also being
offered as a separate Lot in the July Auction.
TENURE
Freehold with vacant possession.
Page 12.qxp_Loveitts 29/06/2016 13:38 Page 1
16 Station Road, Hinckley, Leicestershire LE10 1AT
LOT 8
*Guide Price: £325,000 - £350,000
DESCRIPTION
Unique opportunity - Freehold vacant property within Hinckley
Town Centre, across 3 floors, plus basement, plus parking to rear.
Potential development opportunity (subject to consents), previously
used as solicitors offices.
LOCATION
The property is positioned on Station Road, with both public on
street parking to the front and a public car park near by. With a
nearby recently completed shopping and leisure complex (The
Crescent) Hinckley Town Centre has a lot to offer.
ACCOMMODATION
Spread across 3 floors, plus basement, the property benefits from
a total of 10 offices, 4 store rooms and various ancillary rooms.
Basement
17 sqm
182 sqftsqft
approx.
17 sqm182
approx.
Ground Floor
86 sqmsqft
927approx.
sqft approx.
Floor86 sqm927
80 sqm863
approx.
First Floor
80 sqm
863 sqftsqft
approx.
Floor81 sqm872
Second Floor
81 sqmsqft
872approx.
sqft approx.
PLANNING
For any enquiries regarding change of use or development please
contact Hinckley and Bosworth Borough Council:
T: 01455 238141
TENURE
Freehold with vacant possession
EPC Rating: G
loveitts.co.uk
* Please refer to Auction Information point No 10 found at the front of this catalogue
Page 13.qxp_Loveitts 28/06/2016 16:28 Page 1
LOT 9
49 Hall Green Road,
Coventry CV6 7BX
LOT 10
*Guide Price: £90,000 -£100,000
DESCRIPTION
3 bedroom semi detached property, with off road parking,
central heating and private rear garden. In need of some
improvement, an ideal investment opportunity.
ACCOMMODATION
GROUND FLOOR
Hallway
Lounge 12ft 9in x 9ft 7in
Dining room 13ft 1in x 11ft
Kitchen 8ft 5in x 7ft
W.C & lobby
FIRST FLOOR
Bedroom one 14ft 5in max x 11ft
Bedroom two 11ft 4in x 10ft 11in max
Bedroom three 8ft 8in x 7ft
Shower room
OUTSIDE
FRONT: Off road parking plus garden.
REAR: Decking area, several timber sheds, secluded garden
areas.
TENURE
Freehold with vacant possession upon completion.
EPC Rating: F
loveitts.co.uk
* Please refer to Auction Information point No 10 found at the front of this catalogue
22 Clifton Road,
Nuneaton CV10 8BJ
*Guide Price: £80,000 -£90,000
DESCRIPTION
2 bedroom end terraced property with double glazing. In need
of some improvement. Ideal investment.
ACCOMMODATION
GROUND FLOOR
Lounge 12ft 5in x 11ft 10in max
Dining room 11ft 10in x 8ft 6in
Kitchen 7ft x 6ft 1in
Shower room
FIRST FLOOR
Bedroom one 12ft 6in x 11ft 10in max
Bedroom two 8ft 5in x 12ft max
OUTSIDE
FRONT: Small paved area.
REAR: Outbuilding plus timber sheds.
TENURE
Freehold with vacant possession.
EPC Rating: G
Page 14.qxp_Loveitts 29/06/2016 11:44 Page 1
Former Black Horse Pub, Spon End, Coventry, West Midlands CV1 3HE
LOT 11
*Guide Price: £225,000 - £275,000
DESCRIPTION
Unique investment opportunity. Former public house with planning
permission granted for conversion to 12 room HMO, plus
permission also granted for ground floor wholesale use, with
extension to side, and multiple residential occupancy above.
Parking area to side.HMO use provides for 12 rooms (10 of which
with ensuite). Potential gross rental income circa £70,000 (subject
to market conditions), giving a circa 11% yield p.a. (subject to
conversion costs).
LOCATION
Positioned on Spon End the property is located within the sought
after area of Earlsdon, within 0.5 miles of the City Centre. With a
convenient bus route, shops and local amenities nearby. The
property will be suited to professional and student rentals alike, as
the area is very popular for renting and with the demand of both
Coventry and Warwick Universities, student accommodation is very
sought after.
ACCOMMODATION
The full HMO planning permission provides for:
Ground Floor - Kitchen and living area, reception hallway, 3
bedrooms (all with ensuites).
First Floor - 5 bedrooms (3 with ensuite) plus shower room.
Second Floor - 4 bedrooms (all with ensuites).
OUTSIDE
Planning permission for full HMO use allows for gated parking area
with 5 parking spaces, communal bin area and amenity spaces.
Please see planning permission plans for further information.
PLANNING
Planning permission was granted on 12/10/2015 for "Change of
use from Public House to 12 bedroom house of multiple
occupation". In addition, planning permission was granted on 16/
12/14 for "Change of use from Public House to wholesalers (Use
Class B8) on ground floor with single storey side extension and flat
in multiple occupation on first and second floors".
For further information please contact Coventry City Council:
Tel: 02476 831109
Email: planning@coventry.gov.uk
IMPORTANT NOTE
Please note that VAT will be payable on the sale price.
TENURE
Freehold with vacant possession.
EPC Rating: F.
loveitts.co.uk
* Please refer to Auction Information point No 10 found at the front of this catalogue
Page 15.qxp_Loveitts 28/06/2016 16:28 Page 1
Land 47 Grove Road, Stockingford, Nuneaton CV10 8JR
LOT 12
*Guide Price: £25,000 - £30,000
DESCRIPTION
Parcel of land with planning permission granted for single, 3 storey
dwelling, attached to number 49.
LOCATION
Positioned in between 45 and 49 Grove Road, within a sought after
location in Nuneaton.
PLANNING
Planning permission was granted on 16th June 2016 for "Erection of
terraced house with rooms in roof space." By Nuneaton & Bedworth
Borough Council Ref: 034083. For further information please contact
Nuneaton & Bedworth Borough Council on:
Tel: 02476 376328 Email: planning@nuneatonandbedworth.gov.uk
TENURE
Freehold with vacant possession
Garage 36 Prince of Wales Road, Coventry CV5 8DH
LOT 13
*Guide Price: £5,000 - £9,000
DESCRIPTION
Single garage located within a block. Approximately 18ft x 8ft with
additional space within the roof. Ideal storage unit.
LOCATION
The entrance to the garage site can be found between 204 and 206
Prince of Wales Road, near to Four Pounds Avenue.
NOTE
The adjoining garage is also being offered for sale at the July Auction.
TENURE
Freehold with vacant possession.
Garage 37 Prince of Wales Road, Coventry CV5 8DH
LOT 14
*Guide Price: £5,000 - £9,000
DESCRIPTION
Single garage located within a block. Approximately 18ft 8in with
additional space within the roof. Ideal storage unit.
LOCATION
The entrance to the garage site can be found between 204 and 206
Prince of Wales Road, near to our Pounds Avenue.
NOTE
The adjoining garage is also being offered for sale at the July Auction.
TENURE
Freehold with vacant possession
loveitts.co.uk
* Please refer to Auction Information point No 10 found at the front of this catalogue
Page 16.qxp_Loveitts 28/06/2016 16:29 Page 1
10 years in
the business.
Trusted
by our
customers.
300
auctions
attended
every year.
10
FOR
D
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SALE
FU
We are the
Auction Finance
specialists.
togethermoney.com
0161 933 7155
For Professional use only.
Together is a trading style of Auction Finance Limited. Auction Finance Limited is registered in England and Wales - Company Registration Number 04949929. Registered office address:
Lake View, Lakeside, Cheadle, Cheshire SK8 3GW.
Page 17.qxp_Loveitts 28/06/2016 16:29 Page 1
LOT 15
12 Ivor Road, Foleshill,
Coventry CV6 7AG
LOT 16
*Guide Price: £85,000 - £95,000
DESCRIPTION
3 bedroom mid terraced property, with gas central heating
and double glazing. Ideal investment.
ACCOMMODATION
GROUND FLOOR
Lounge 10ft 10in min x 11ft 2in
Dining room 11ft 8in x 11ft
Kitchen 12ft 8in x 6ft 11in
Bathroom
FIRST FLOOR
Bedroom one 11ft x 10ft 11in
Bedroom two 11ft 9in x 9ft 4in
Bedroom three 12ft x 7ft 1in
OUTSIDE
FRONT: Garden. REAR: Overgrown garden.
TENURE
Freehold with vacant possession.
EPC Rating: E
4 Queen Mary's Road,
Foleshill, Coventry CV6 5LL
*Guide Price: £85,000 - £95,000
DESCRIPTION
2 bedroom end terraced property, currently tenanted, rent
payable £500 p.c.m (£400 p.c.m being paid). Ideal investment
opportunity, with double glazing and gas central heating.
CAN BE SOLD PRIOR TO AUCTION.
ACCOMMODATION
GROUND FLOOR
Lounge 11ft 2in x 10ft 9in
Dining room 12ft 3in x 10ft 8in
Kitchen 9ft 1in x 6ft 1in
Bathroom
FIRST FLOOR
Bedroom one 12ft 3in x 10ft 8in
Bedroom two 11ft 1in x 10ft 9in
OUTSIDE
FRONT: Small garden. REAR: Yard plus storage.
TENANCY
Assured Shorthold Tenancy. TERM: From 01/01/2011, now
on a rolling basis. RENT PAYABLE: £500 per calendar month,
although the current owner has agreed £400 p.c.m.
TENURE
Freehold subject to tenancy.
EPC Rating: E
loveitts.co.uk
* Please refer to Auction Information point No 10 found at the front of this catalogue
Page 18.qxp_Loveitts 28/06/2016 16:30 Page 1
If you are intending on bidding
please read the following!
Money Laundering Regulations
Proof of identity - one of the following
• Current signed passport
• Current full UK EU photo card driving licence, NOT a provisional driving licence
Plus
Proof of Address - one of the following
• Utility bill issued within the last three months (gas, electricity, council tax, telephone, water rates but NOT
mobile phone)
• Bank or Building Society statement
Please note that only the above documents will be accepted at the auction venue.
£
Buyers Premium and Deposit
The successful purchaser will be required to pay the Auctioneer a buyer’s fee upon exchange of contracts,
as well as their 10% deposit (minimum £2,000).
Guide Price
Up to £20,000
Up to £250,000
£250,001 +
Buyers Premium
£450 (inc VAT)
£600 (inc VAT)
£840 (inc VAT)
Payments can be made with debit card, bankers draft, building society cheque, personal
cheque (credit cards or cash will not be accepted).
If you do not have the relevant forms of ID, or acceptable
means of payment YOU MUST NOT BID.
loveitts.co.uk
* Please refer to Auction Information point No 10 found at the front of this catalogue
Page 19.qxp_Loveitts 29/06/2016 11:45 Page 1
LOT 17
193 Bucks Hill,
Nuneaton CV10 9LE
LOT 18
27b Fieldview Close,
Exhall CV7 9BJ
*Guide Price: £70,000 - £80,000
*Guide Price: £55,000 - £65,000
DESCRIPTION
2 bedroom end terraced property in need of improvement.
With gas central heating and garden to rear. Ideal investment
opportunity.
DESCRIPTION
2 bedroom first floor maisonette plus garage (garage in need
of repair). Leasehold with 90 years remaining. Well presented
property, with double glazing. Ideal investment.
ACCOMMODATION
GROUND FLOOR
Lounge 12ft max x 11ft 11in
Dining room 12ft x11ft 11in
Kitchen 9ft 8in x 6ft 11in
ACCOMMODATION
FIRST FLOOR
Hallway
Lounge 14ft 2in x 11ft 2in
Kitchen 9ft x 5ft 10in
Bedroom one 13ft max x 9ft 10in
Bedroom two 8ft 4in x 6ft 10in
Bathroom
FIRST FLOOR
Bedroom one 12ft x 11ft 11in
Bedroom two 12ft x 8ft 11in max
Bathroom
OUTSIDE
FRONT: Small yard. REAR: Side access to rear garden.
TENURE
Freehold with vacant possession.
OUTSIDE
REAR: Small garden plus garage.
TENURE
Leasehold with vacant possession.
Term: 125 years from 01/01/1981
EPC Rating: F
EPC Rating: E
loveitts.co.uk
* Please refer to Auction Information point No 10 found at the front of this catalogue
Page 20.qxp_Loveitts 28/06/2016 16:29 Page 1
LOT 19
29 Brooklyn Road, Foleshill,
Coventry CV1 4JW
*Guide Price: £60,000 - £80,000
Lawyers With
Excellent Solutions
in Mind…
Band Hatton Button is one of the leading law firms in
Coventry and Warwickshire. We are proud of our approach
of working closely with clients to find a solution that works
for them. We don’t use legal jargon that our clients don’t
understand and we are passionate about providing service
and technical excellence at all times.
We work regionally, nationally and beyond, covering a wide
range of legal issues for businesses and individuals and are
immensely proud of our reputation for excellence.
We are consistently commended in the Legal 500, and our
range of skills is further enhanced by our membership of
Lawnet, one of the leading national groups of more than 70
independent law firms throughout the UK and the Republic
of Ireland.
Get in touch to find out how we can help you.
www.bandhattonbutton.com
info@bandhattonbutton.com
024 7663 2121
For Business Charity Law | Commercial Property | Corporate & Commercial | Debt Recovery | Education |
Employment | European Law | Intellectual Property | Licensing | Litigation
For Individuals Care | Collaborative Family Law | Contentious Probate | Employment | Family | Inheritance |
Tax | Litigation | Personal Injury | Residential Property | Wills, Trusts & Probate
DESCRIPTION
2 bedroom mid terraced with loft room. 2 reception rooms
plus ground floor bathroom. In need of improvement, ideal
investment.
AL
LEG NTS
E
M
U
DOC
ACCOMMODATION
GROUND FLOOR
Lounge 12ft 2in x 11ft 10in
Dining room 12ft 2in x 9ft 3in
Kitchen 11ft 10in x 6ft 8in
Bathroom
FIRST FLOOR
Bedroom one 14ft 4in max x 12ft 2in max
Bedroom two 12ft 3in x 8ft 10in max
SECOND FLOOR
Loft room 14ft 4in x 11ft 5in
OUTSIDE
FRONT: Small garden.
REAR: Garden.
TENURE
Freehold with vacant possession
Legal Documents
All legal documents are available via our website and all
parties wishing to inspect a Legal Pack can register their
details on the site. The Legal Packs are available via a
service provided by The Essential Information Group Ltd,
which will not only allow the download of the Legal Pack but
will also keep you updated with any changes to the Pack.
Please note however that it is the responsibility of all bidders
to recheck the Legal Packs for any changes prior to bidding,
and the Auctioneer can accept no responsibility for any
bidders not adhering to this advice.
EPC Rating: G
loveitts.co.uk
* Please refer to Auction Information point No 10 found at the front of this catalogue
Page 21.qxp_Loveitts 29/06/2016 12:43 Page 1
LOT 20
20 Lutterworth Road,
Nuneaton CV11 4LD
*Guide Price: £100,000 -£110,000
Telephone/Pro
xy Bidding
Form
PLEASE READ
TERMS AND
CONDITIONS
TO BE COMPLE
OVERLEAF
TED 48 HOURS
BEFORE COMPLE
PRIOR TO
TING THIS
AUCTION
FORM.
Date of Auc
tion:
I hereby instruct
Lot Numbe
and authorise
r:
you to bid on
understand
that should
my bid be successfu my behalf in accordan
instructions
ce with the
in this respect
l the offer will
terms and condition
on the telephone
be binding
s below and
upon me. If
when the relevant
overleaf, and
required, you
Property Address:
I
Lot is being
will bid on my
sold.
behalf taking
my
Maximum B
id Price: £
(For telephone
bids the maximum
Words:
bid can be
left blank.)
1. Cheque
for 10% deposit
enclosed herewith
For telephone
made payable
bids you may
to Loveitts Limited,
prefer to give
us a blank cheque
amount £
2. I also enclose
duly signed.
a separate
cheque for
premium.
£
inclusive of
VAT payable
3. Payment
to ‘Loveitts
can be taken
Limited’ in respect
by Debit card.
of the buyers
Please note
that it is a requireme
accordance
nt that you
with Loveitts
must provide
requirements.
documentation
months – NOT
(Passport or
to confirm your
mobile phone
Photo card
name and residentia
bill.)
Driving Licence
l address in
PLUS utility
Please note
bill or bank
that if you are
statement no
unsuccessful
older than 3
with your bid
all cheques
will be destroyed
unless otherwise
instructed.
Buyer’s Deta
Contract Full
Company (if
ils
Name(s):
applicable):
DESCRIPTION
2 bedroom plus loft room, 3 storey end terraced property.
Recently redecorated and refurbished. Ideal investment, with
gas central heating and double glazing.
Address:
Telephone B
usiness:
Postcode:
Mobile:
Home:
Email:
Buyer’s Solic
itor’s Details
Company:
Address:
Telephone:
Postcode:
For the Attention
Signature o
f
of:
Prospective
Buyer:
Date of Sig
ning:
Proxy and Telephone Bidding
We always strongly advise you to attend the Auction sale.
When this is not possible you may make a TELEPHONE or
PROXY BID authorising the Auctioneer to bid on your behalf
up to a pre-set limit. Please complete the form to the rear
of this catalogue and ensure that you have read the
Terms and conditions.
If you have any questions regarding this process please do
not hesitate to contact the Auction Team on
024 7652 7789
loveitts.co.uk
* Please refer to Auction Information point No 10 found at the front of this catalogue
ACCOMMODATION
GROUND FLOOR
Lounge 12ft 5in max x 11ft 7in max
Dining room 11ft 7in x 10ft 10in
Kitchen 9ft 3in x 6ft 1in
FIRST FLOOR
Bedroom one 11ft 7in x 10ft 9in
Bedroom two 8ft 5in x 8ft
Shower room 9ft x 5ft 10in
SECOND FLOOR
Loft room 14ft 9in x 11ft 3in
OUTSIDE
REAR: Yard
TENURE
Freehold with vacant possession
Page 22.qxp_Loveitts 28/06/2016 16:29 Page 1
LOT 21
60 Rotherham Road, Holbrooks,
Coventry CV6 4FE
LOT 22
*Guide Price: £85,000 - £95,000
DESCRIPTION
3 bedroom semi detached property, in sought after location.
In need of improvement with potential structural issues.
ACCOMMODATION
GROUND FLOOR
Lounge 12ft 6in max x 12ft max
Dining room 11ft 4in x 10ft 3in
Kitchen 7ft 2in x 6ft 8in
FIRST FLOOR
Bedroom one 12ft 7in max
Bedroom two 12ft 7in max x 10ft 2in
Bedroom three 8ft 4in x 5ft 7in
OUTSIDE
FRONT: Garden. REAR: Outbuilding, patio area plus garden.
NOTE
The property has potential structural issues. Potential
purchasers are advised to make their own investigations.
TENURE
Freehold with vacant possession
7 Mardol Close, Wyken,
Coventry CV2 1BA
*Guide Price: £90,000 -£110,000
DESCRIPTION
2 bedroom plus loft room, semi detached bungalow with
garage. Gas central heating and double glazing. In need of
some improvement. Ideal investment.
ACCOMMODATION
GROUND FLOOR
Hallway
Lounge 16ft 1in x 11ft 7in max
Kitchen 10ft 7in x 9ft 11in
Bedroom one 12ft 10in x 11ft 7in
Bedroom two 8ft 8in x 8ft 8in
Bathroom
Loft room
OUTSIDE
FRONT: Garden, driveway to garage (19ft 4in x 8ft 6in).
REAR: Garden.
TENURE
Freehold with vacant possession.
EPC Rating: E
EPC Rating: E
loveitts.co.uk
* Please refer to Auction Information point No 10 found at the front of this catalogue
Page 23.qxp_Layout 1 29/06/2016 12:48 Page 1
May Auction 89% Success
Results - 12th May 2016
Lot No.
Address
*Guide Prices
Result
1
30 Park Road, Bedworth, Warwickshire CV12 8LF
£60,000 - £80,000
SOLD FOR £93,000
£75,000 - £85,000
SOLD FOR £75,000
2
Flat 36 Ashton Court, Newland Road, Lillington, Leamington Spa,
Warwickshire CV32 7PX
3
5 Dartmouth Road, Wyken, Coventry, West Midlands CV2 3DP
£85,000 - £95,000
SOLD AFTER
4
7 School Road, Bulkington, Warwickshire CV12 9JB
£95,000 - £105,000
WITHDRAWN
£395,000 - £425,000
WITHDRAWN
5
The Buck & Bell, The Green, Long Itchington, Southam, Warwickshire
CV47 9PH
6
18 Dartmouth Road, Wyken, Coventry, West Midlands CV2 3DP
£100,000 - £110,000
SOLD AFTER
7
20a Cardigan Road, Bedworth, Warwickshire CV12 0LY
£130,000 - £150,000
SOLD FOR £154,000
8
3 Lauderdale Avenue, Holbrooks, Coventry, West Midlands CV6 4LJ
£90,000 - £100,000
SOLD FOR £98,000
9
25 Dartmouth Road, Wyken, Coventry, West Midlands CV2 3DP
£105,000 - £115,000
SOLD AFTER
10
Former Black Horse Pub, Spon End, Coventry, West Midlands CV1 3HE
£350,000 - £450,000
ENTERED INTO JULY
11
Land at St Mary's Close, Priors Hardwick, Warwickshire CV47 7SW
£100,000 - £125,000
POSTPONED
12
27a Dartmouth Road, Wyken, Coventry, West Midlands CV2 3DP
£105,000 - £115,000
SOLD AFTER
13
Old Pump House, Banbury Road, Stratford, Warwickshire CV37 7NF
SOLD PRIOR
SOLD PRIOR
14
146 Tile Hill Lane, Tile Hill, Coventry, West Midlands CV4 9DE
£80,000 - £100,000
SOLD FOR £97,500
15
86 Red Lane, Coventry, West Midlands CV6 5EQ
£90,000 - £110,000
SOLD FOR £130,500
£100,000 - £125,000
SOLD FOR £165,000
£450,000 - £480,000
SOLD PRIOR
£150,000 - £170,000
WITHDRAWN
16
17
18
Land on Alcester Road, Former 'Well Cottage', Wootton Wawen,
Warwickshire B95 6BG
Church Croft, Church Lane, Eastern Green, Coventry, West Midlands
CV5 7BX
Cherry Tree Cottage, off Leamington Road, Long Itchington, Southam,
Warwickshire CV47 9PH
19
2 Queensland Avenue, Chapelfields, Coventry, West Midlands CV5 8FG
£80,000 - £90,000
SOLD FOR £110,000
20
11 Tysoe Croft, Binley, Coventry, West Midlands CV3 2FF
£45,000 - £50,000
SOLD FOR £68,500
21
421 Ansty Road, Walsgrave, Coventry, CV2 3BQ
£80,000 - £100,000
SOLD FOR £126,000
* Please refer to Auction Information point No 10 found at the front of this catalogue
Page 24.qxp_Layout 1 28/06/2016 16:28 Page 1
82ce%ss in
Suc2015
GOING...
GOING...
Loveitts are justifiably
proud of their long
and successful record
of selling both
residential and
commercial properties
‘under the hammer’.
Which properties are suitable for auction?
• Residential properties and particularly those in need of
modernisation and improvement
• Commercial and Industrial properties
• Rural properties
• Land with or without planning consent
• Probate / Executor properties
• Repossessions
• Fire damaged or blighted properties
• Unusual and distinctive properties
• Blocks of freehold garages
• Ground rents
• Builders yards / storage facilities
• Residential and Commercial investments
What are the benefits of selling at auction?
Best possible price achieved
Chain free sale
Binding contract plus
10% deposit paid on the fall of
the hammer
No adverse surveys or down
valuations
Completion usually within
28 days
Quick hassle-free sale
SPEED • CERTAINTY • BEST PRICE ACHIEVED
Page 25_26.qxp_Layout 1 28/06/2016 16:28 Page 1
Telephone/Proxy Bidding Form
PLEASE READ TERMS AND CONDITIONS OVERLEAF BEFORE COMPLETING THIS FORM.
TO BE COMPLETED 48 HOURS PRIOR TO AUCTION
Date of Auction:
Lot Number:
I hereby instruct and authorise you to bid on my behalf in accordance with the terms and conditions below and overleaf, and I
understand that should my bid be successful the offer will be binding upon me. If required, you will bid on my behalf taking my
instructions in this respect on the telephone when the relevant Lot is being sold.
Property Address:
Maximum Bid Price: £
Words:
(For telephone bids the maximum bid can be left blank.)
1. Cheque for 10% deposit enclosed herewith made payable to Loveitts Limited, amount £
For telephone bids you may prefer to give us a blank cheque duly signed.
2. I also enclose a separate cheque for £
premium.
inclusive of VAT payable to ‘Loveitts Limited’ in respect of the buyers
3. Payment can be taken by Debit card.
Please note that it is a requirement that you must provide documentation to confirm your name and residential address in
accordance with Loveitts requirements. (Passport or Photo card Driving Licence PLUS utility bill or bank statement no older than 3
months – NOT mobile phone bill.)
Please note that if you are unsuccessful with your bid all cheques will be destroyed unless otherwise instructed.
Buyer’s Details
Contract Full Name(s):
Company (if applicable):
Address:
Postcode:
Telephone Business:
Home:
Mobile:
Email:
Buyer’s Solicitor’s Details
Company:
Address:
Postcode:
Telephone:
For the Attention of:
Signature of Prospective Buyer:
Date of Signing:
Page 25_26.qxp_Layout 1 28/06/2016 16:28 Page 2
Telephone/Proxy Bidding Form - Terms & Conditions
We always strongly advise you to attend the Auction sale. When this is not possible you may make a telephone or proxy bid authorising the
Auctioneer to bid on your behalf up to a pre-set limit. Please complete and return the Telephone/Proxy Bidding form to the Auctioneers’ office
IN PERSON not less than 2 working days prior to the Auction together with payment for the 10% deposit and our administration fee.
1.
A prospective purchaser should complete and sign this proxy form. In particular the prospective purchaser should complete the form
showing the maximum price which the prospective purchaser authorises the auctioneer to bid for a particular property.
2.
A separate form must be completed for each lot for which a prospective Buyer wishes the auctioneer to bid.
3.
The maximum price to which the auctioneer is authorised to bid must be an exact figure. The auctioneer reserves the right not to bid on
behalf of the prospective Buyer should there be any error or confusion in respect of these instructions or the accompanying deposit.
4.
The completed form or forms must be delivered to Sally Smith, Loveitts Auction Department, 29 Warwick Row, Coventry CV1 1DY, by
hand personally so that it is received not less than 48 hours prior to the time of the commencement of the auction at which the particular
property is to be sold. It is your responsibility to ensure the form has been received by Sally Smith.
5.
No alteration to any Telephone/Proxy bidding form will be accepted after it is received by the auctioneer.
6.
The prospective Buyer should send with the Telephone/Proxy form a valid cheque or banker’s draft drawn on a United Kingdom branch
and payable to Loveitts Ltd or payment may be taken by debit card representing the 10% (minimum £2,000) of the maximum price to
which the prospective Buyer wishes to bid. Where the particular lot is purchased below the maximum bid figure the balance of the deposit
will be considered as an additional deposit towards the purchase price.
7.
The prospective Buyer appoints the auctioneer as agent and authorises the auctioneer to bid for the relevant lot on behalf of the
prospective Buyer in such manner as the auctioneer thinks fit in his absolute discretion.
8.
The prospective Buyer shall be considered to have inspected the auction catalogue and the general and separate special conditions of
sale and notices to prospective Buyers for the relevant lot and to have full knowledge thereof and authorises the auctioneer or any duly
authorised partner or employee of Loveitts as the prospective purchasers agents to sign the memorandum of contract incorporating all
such matters at or after the auction.
9.
In the case of a telephone bid, the prospective buyer should provide a signed blank cheque which the auctioneer will complete on behalf
of the prospective buyer (for 10% of the purchase price, minimum £2,000) if the prospective buyer is successful in purchasing the relevant
property.
10. The prospective purchaser may in writing only at any time up to the commencement of the auction in which the particular lot is to be
sold withdraw the auctioneer’s authority to bid. It is the prospective purchaser’s responsibility to ensure that the auctioneer personally
receives such instructions and he should check to ensure such instructions have been received.
11. The amount of the prospective purchasers bid will not be disclosed to the vendor or any other person either during or after the sale
without the consent of the prospective Buyer.
12. The auctioneer reserves the right to bid himself or through an agent up to the reserve price for the particular lot.
13. Prospective Buyers are advised to telephone Loveitts on the day of the auction to ensure that there are no amendments to the particulars
of sale or conditions relating to the relevant lot or other matters relating to it. The prospective Buyer will be deemed to have knowledge
of such amendments and will buy subject to them in any event. If the prospective Buyer does not telephone and such amendments
have been made, the auctioneer may in his absolute discretion decide not to bid for the relevant lot on the prospective Buyer’s behalf
and the auctioneers will not be responsible for any loss, costs or damages incurred by the prospective Buyer as a result thereof.
14. Should the prospective Buyer wish to bid at the auction in person or through an agent, such intention must be conveyed in writing to the
auctioneer in person prior to the lot being offered for sale. In this case the auctioneer will not make any bids on behalf of the prospective
Buyer.
15. The auctioneer will make no charge to a prospective purchaser for this service and will accept no liability whatsoever for any bid not
being made on behalf of the prospective purchaser whether through lack of clarity of instructions or for any other reason whatsoever.
The prospective purchaser will be advised if the relevant lot has been successfully purchased on his behalf as soon as possible after
the auction. Where the lot has not been purchased the prospective purchaser will be notified by post and the deposit returned as soon
as possible.
16. Prospective Bidders are advised in respect of telephone bids that should they become disconnected during bidding or are unobtainable,
Loveitts will not be held responsible or liable for any loss suffered in respect thereof.
17. The successful buyer or bidder will be jointly and severally liable to pay Loveitts the buyer’s fee referred to in the Important Notice to
Prospective Buyers at the front of the Auction Catalogue.
18. The auctioneer will make no charge as to the prospective buyer for this service, and will accept no liability whatsoever for any bid not
being made on behalf of the prospective buyer for any reason whatsoever.
Page 27.qxp_Layout 1 28/06/2016 16:28 Page 1
CHARTERED SURVEYORS • ESTATE AGENTS • AUCTIONEERS
COVENTRY & WARWICKSHIRE’S
COMPLETE PROPERTY
PROFESSIONALS
Established in 1843, Loveitts is the largest
independent multi-discipline practice of
Estate Agents, Chartered Surveyors, Valuers
and Auctioneers in Coventry and
Warwickshire. Loveitts is your first choice of
agent to find the right property for you.
For all your property needs:• Sales
• Lettings
• Commercial
• Auctions
• Management
• Professional
024 7652 7789
loveitts.co.uk
• Land & New Homes
• Survey & Valuations
Loveitts Cover.qxp_Layout 1 28/06/2016 16:23 Page 1
For further information on any of the Lots
offered please do not hesitate to contact us or
visit our web site at loveitts.co.uk
AUCTION DATES 2016
4th February
23rd March
12th May
14th July
15th September
17th November
National Association of
Valuers and Auctioneers
Call us today for EXPERT ADVICE
024 7652 7789
National Association of
Estate Agents