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www.rhseel.co.uk

Property Auction Catalogue

Tel: (029) 2037 0117 Fax: (029) 2023 7544 The Crown House | Wyndham Crescent | Canton | Cardiff | CF11 9UH

chartered surveyors


IMPORTANT NOTICE TO BE READ BY ALL BIDDERS

1.

Attention is drawn to the General Conditions of sale printed in this catalogue relating to all properties. All prospective purchasers are invited to obtain copies of any Special Conditions specified in the catalogue in relation to each lot.

2.

All prospective purchasers shall be deemed to have inspected the property and made usual pre contract enquiries and searches. Prospective bidders should check the addendum sheet available in the Auction room for alterations or amendments.

3.

The successful bidder is under a binding contract as soon as the Auctioneers gavel falls on his or her bid.

4.

On a property being knocked down, the successful bidder must immediately provide to the Auctioneers clerk his/her full name and address together with name and address of Solicitor acting on his/her behalf to enable the Memorandum of Contract to be completed in the form as printed in this catalogue. This must be signed by the successful bidder and exchanged with the Auctioneers staff/ Vendors Solicitor, prior to leaving the room, accompanied by a deposit of 10% of purchase price or £1,000 (£2,000 if applicable) whichever is the greater, plus Buyer Premium of £250 plus VAT.

5.

6.

The details relating to each Lot are set out as a general guideline only for the guidance of intending purchasers or lessees and do not constitute part of an offer or contract. All descriptions are given in good faith and believed correct, but any intending purchaser or tenant must satisfy themselves by inspection or otherwise as to the correctness of each item.

The Auctioneers have not tested any apparatus, equipment fittings or services and so cannot verify that they are in working order. The buyer is advised to obtain his own verification.

7.

Photographs and any plans published are for convenience of prospective purchasers only and do not form part of any contract. Any sizes quoted are all approximate and for guidance only and do not form part of any contract. All properties are offered with vacant possession unless otherwise stated.

8.

No person in the employment of the Auctioneers has any authority to make or give any representation or warranty whatever in relation to any property listed in this catalogue.

9.

In the event of there being any addendum to the particulars of sale or the General and Special Conditions of sale, a copy of the addendum will be attached to the Memorandum of Contract and shall be signed by the purchaser and such addendum shall be deemed to form part of the sales particulars and conditions of sale and if in conflict, shall prevail.

10. Inspection of investment properties is by courtesy of the tenants. Inspection of properties with vacant possession is by arrangement with the Auctioneers or Joint Auctioneers as indicated in the Catalogue.

11. Prospective purchasers intending to bid at the Auction for a specific lot are advised to consult with the Auctioneers before the sale to enquire whether the particular lot will be offered at the Auction. The Vendor has the right to sell prior to Auction or withdraw the Lot and neither the Auctioneer nor Vendor is responsible for any abortive costs, losses or damages of a prospective Purchaser.

12. Guide prices are for information only and should not be relied upon as an indication of Reserve price, or representing professional valuations for any purpose. Purchasers are deemed to have relied upon their own knowledge or the advice of their own professional or others.

RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk


LOT NUMBERS AND ORDER OF SALE

GUIDES

1. 2. 3. 4. 5.

130 Llewellyn Street, Pontygwaith, Ferndale, Rhondda, Mid Glamorgan 4 Aberrhondda Road, Porth, Rhondda, Mid Glamorgan 61 Hillside Terrace, Wattstown, Porth, Rhondda, Mid Glamorgan 69a South Street, Ynyshir, Porth, Rhondda, Mid Glamorgan 45 Blaise Place, Grangetown, Cardiff

£26,000 + £40,000 £39,000 + £10,000 + £95,000 +

6. 7. 8. 9. 10.

6 Dinas Isaf Cottages, Williamstown, Tonypandy, Rhondda, Mid Glamorgan 44 Corporation Road, Newport, Gwent Site On Corner Of Llewellyn Street/Sunnybank, Ogmore Vale, Bridgend, Mid Glamorgan 2 Lansbury Road, Merthyr Tydfil, Mid Glamorgan 7 Barrett Street, Cwmparc, Treorchy, Rhondda, Mid Glamorgan

£59,000 + £159,000 + £14,000 + £33,000 + £36,000 +

11. 12. 13. 14. 15.

5 Heath Park Lane, Heath, Cardiff Glynview House, Woodland Road, Glyncorrwg, Port Talbot, West Glamorgan Land South East Of Berwick Terrace, Mount Pleasant, Swansea, West Glamorgan Land At Woodbine Close, Pembroke Telecoms Base Station, Tatton Road, Queensway Industrial Estate, Newport, Gwent

£139,000 + £125,000 + Nominal Reserve Sold Prior £20,000 +

16. 17. 18. 19. 20.

25 Thomas Street, Abertridwr, Caerphilly, Mid Glamorgan 8 East Court, 170/171 East Road, Tylorstown, Porth, Rhondda, Mid Glamorgan 92 Park Street, Penrhiwceiber, Mountain Ash, Mid Glamorgan 10 Dan Yr Eppynt, Tirabad, Llangammarch Wells, Powys Ty Glyn Castell, Cemetery Road, Glyntaff, Pontypridd, Mid Glamorgan

£59,000 + £14,000 + £44,000 + £116,000 + £158,000+

21. 22. 23. 24. 25.

68 Hannah Street, Porth, Rhondda, Mid Glamorgan Land Adjacent To 13 Bishop Road, Garnant, Ammanford, Carmarthenshire Land R/O 1, Lake Street, Ferndale, Rhondda, Mid Glamorgan Dan Y Dderwen, Drefach Road, Meidrim, Carmarthenshire 5 Britway Court, Britway Road, Dinas Powys, Vale Of Glamorgan

£32,000 + £35,000 + £10,000 + £115,000 + £115,000 +

26. 27. 28. 29. 30.

43 Parry Street, Tylorstown, Porth, Rhondda, Mid Glamorgan 55 Carne Street, Pentre, Rhondda, Mid Glamorgan Flat 4 Allens Court, 3 St Edeyrns Road, Cyncoed, Cardiff The Arundel Club, Tonmawr Street, Blaenavon, Gwent 7 Dinas Isaf Cottages, Williamstown, Tonypandy, Rhondda, Mid Glamorgan

£38,000 + £45,000 + £110,000 + £75,000 + £59,000 +

31. 32. 33. 34. 35.

7 East Court, 170/171, East Road, Tylorstown, Porth, Rhondda, Mid Glamorgan Central Hotel, Clydach Road, Tonypandy, Rhondda, Mid Glamorgan 6 Park Street, Penrhiwceiber, Mountain Ash, Mid Glamorgan 10 Tyntaldwyn Road, Troedyrhiw, Merthyr Tydfil, Mid Glamorgan The Top Hat Club, Woodland Terrace, Cwmtillery, Abertillery, Gwent

£13,000 + £37,000 + £36,000 + £46,000 + £63,000 +

36.

Scrub Land To South East Of Dinas Isaf Cottages, Williamstown, Tonypandy, Rhondda, Mid Glamorgan

Nominal Reserve

PLEASE NOTE IN ADDITION TO THE PURCHASE PRICE, BUYERS WILL BE REQUIRED TO PAY A BUYER’S PREMIUM OF £250 PLUS VAT property auction catalogue - 13th July 2010, 3pm


ON WY A40

N

A

T I O P A R

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A

A465

A479

L

A465(T)

MONMOUTH

BRYNMAWR A470(T)

13th July 2010, 3pm

Forest of Dean

A40

A467

TREDEGAR

A449

A4042

EBBW VALE

to be held at 69 A4

MERTHYR TYDFIL

A466

ABERTILLERY

A4 72

2 A47 Circle Way East, Llanedeyrn, Cardiff CF23 9XF BLACKWOOD

PARK INN HOTEL

A48

LLANEDERYN INTERCHANGE

A48 A449

26

A468

A4233

A470(T)

25

24 S EA

M4

TE

RN

23

A4 73

28

1 21

M4

NEWPORT

22

29 a

33

18

CARDIFF

A4232

DGE

17

A403

A48

19

M5

A48 20

M3 2

A4

3

BRISTOL

DATEBARRYOF NEXT AUCTION 7TH SEPTEMBER 2010 CLOSING DATE FOR ENTRIES 11TH AUGUST 2010

AUCTION DATES FOR 2010

CLOSING DATE FOR ENTRIES

26TH OCTOBER 7TH DECEMBER

29TH SEPTEMBER 10TH NOVEMBER

FOR ENTRIES PLEASE CONTACT WENDY JONES 029 2037 0116 ELEANOR BYRNE 029 2037 0117 PENNY CODY 029 2037 0122 FAX NO: 029 2023 7544

MANSEL EDMUNDS 029 2037 0117 KRISTY PERRY 029 2037 0104 MATT TYLER 029 2037 0105 auctions@rhseel.co.uk

RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk

15 20

16

M49

8 A4

A48

34

M48

29 30 32

4

2

CALDICOT

27

CAERPHILLY

NT

25 a

CHEPSTOW

A4232

PONTYPRIDD

RD

SOUTHERN WAY

A469

A4058

N RY DE NE A LL

A4042

A4051

AV EN UE

A 4 67

A472

ONYPANDY

H

CI RC LE W AY EA ST

Park Inn Hotel Cardiff

A470(T)

A38

A37


IMPORTANT NOTICE TO BUYERS

MONEY LAUNDERING REGULATIONS ANYONE WISHING TO BID ON ANY PROPERTY, WILL BE REQUIRED TO REGISTER PRIOR TO THE AUCTION IN THE SALE ROOM AND WILL NEED TO PRODUCE TWO FORMS OF ID, ONE FROM EACH OF THE FOLLOWING CATEGORIES: PHOTOGRAPHIC ID: PASSPORT OR DRIVING LICENCE PROOF OF ADDRESS: CURRENT BANK STATEMENT, UTILITY BILL ETC. If the bidder is acting as an agent on behalf of another party, they will be required to provide the above detailed documents for themselves and also for the principal as well as providing the usual letter authorising them to bid on their behalf. If the bidder is acting on behalf of a company, the detailed documents will still be required along with written authority from the company.

DEPOSIT TO BE PAID BY CASH OR CHEQUE WE CANNOT ACCEPT CREDIT OR DEBIT CARD PAYMENTS

CASH DEPOSITS ACCEPTED UP TO A MAXIMUM OF ¼10,000

Please do not bid if you do not have a deposit. Only cash or cheque accepted.auction We cannotcatalogue accept Credit DebitJuly cards. property - or 13th 2010,

3pm

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OTHER SERVICES OFFERED BY SEEL & CO INCLUDE:

LETTINGS ■ ■ ■ ■ ■

Full Management or find tenant only service Free rental appraisals Professional referencing service Rent Guarantee scheme available Full inventory checks and regular inspections

BLOCKS OF FLATS MANAGEMENT ■ ■ ■ ■ ■

Service charge/Ground rent collection Keeping of full financial and Companies House records Preparing service charge budgets Arranging insurances Organising common parts maintenance, repair and cleaning

SURVEYS AND VALUATIONS ■ Building surveys ■ Homebuyer reports ■ Valuations

For more information on any of the above please: Telephone: Fax: Email: Or call in at our office:

029 2037 0100 029 2037 0121 info@rhseel.co.uk R H Seel & Co The Crown House Wyndham Crescent Canton Cardiff CF11 9UH


TWO BEDROOM HOUSE – INVESTMENT POTENTIAL

Lot no. 1

130 LLEWELLYN STREET, PONTYGWAITH, FERNDALE, RHONDDA, MID GLAMORGAN CF43 3LD A two storey two bedroom mid terraced house situated in the Rhondda Valleys village of Pontygwaith. The property has a pointed stone and facing brick front elevation beneath a pitched roof with interlocking tile covering and benefits from double glazed fenestration and gas central heating (not tested). Accommodation: GF. Entrance lobby, lounge/dining room, kitchen. FF. Landing, two bedrooms, bathroom. OS. Enclosed rear garden comprising a yard with steps up to steep, elevated and overgrown garden. Tenure: Freehold. Viewing: Joint Auctioneers, Lanyon Davies Evans, Pontypridd, (01443) 406414

Guide Price: £26,000 + Joint Auctioneers

SEMI DETACHED HOUSE REQUIRING RENOVATION

Lot no. 2

4 ABERRHONDDA ROAD, PORTH, RHONDDA, MID GLAMORGAN, CF39 0LD A bay fronted four bedroom semi detached house close to Porth town centre and major road links giving access to Pontypridd, the A470 and beyond. The property has a natural pointed stone front elevation beneath a pitched roof with interlocking tile covering. A programme of renovation is required throughout. Accommodation: GF. Entrance hallway, lounge/dining room, kitchen (no fittings), bathroom (no fittings). FF. Landing, four bedrooms. OS. Enclosed forecourt, enclosed overgrown rear yard. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £40,000

Auction Results 09065 868 151 Full Auction Results To use the fax retrieval system either dial from the handset of your fax machine or set to ‘POLL RECEIVE’ mode. The results will be available from noon the day after the auction. The Essential Information Group Tel: 020 7720 5000 (Calls cost 60p p/min for 09065 at all times)

property auction catalogue - 13th July 2010, 3pm

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Lot no. 3

MID TERRACE HOUSE – FOR REFURBISHMENT 61 HILLSIDE TERRACE, WATTSTOWN, PORTH, RHONDDA, MID GLAMORGAN, CF39 0PE A three bedroom mid terrace house located in the village, having a colourwashed front elevation beneath a pitched tiled roof covering. The property benefits from uPVC double glazed windows and gas central heating (not tested) but is in need of refurbishment. Accommodation: GF. Entrance hallway, two reception rooms, kitchen, bathroom. FF. Landing, three bedrooms. OS. Overgrown tiered rear garden. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £39,000 +

Lot no. 4

GROUND FLOOR APARTMENT – POTENTIAL INVESTMENT 69A SOUTH STREET, YNYSHIR, PORTH, RHONDDA, MID GLAMORGAN, CF39 0EF A ground floor conversion apartment within an end of terrace house accessed from the Wind Street entrance on the corner of South Street. The property has been partially modernised and is currently vacant but considered suitable for investment. Accommodation: GF. Living room/bedroom with recessed kitchen area and shower room with wc. Tenure: Leasehold for a term of 99 years at a ground rent of £50 per annum, rising. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £10,000 +

All forms of property work undertaken.

We can also help with:

If you are thinking of buying at auction do it with your eyes open!

• • • • •

Landlord and tenant issues Freehold acquisitions or lease management problems Commercial contracts Small business advice Wills and deceased estates

Local consultations across South Wales available by appointment

18a Merthyr Road, Whitchurch, Cardiff CF14 1DG Telephone: 029 2062 8407 Email: enquiries @jmsolicitors.co.uk Website: www.jmsolicitors.co.uk

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RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk


RECENTLY IMPROVED TERRACED HOUSE

Lot no. 5

45 BLAISE PLACE, GRANGETOWN, CARDIFF, CF11 6JR A mid terraced two bedroom house situated in the popular City Gardens development in Grangetown close to the A4232 Ely Link Road and the new Cardiff City Stadium and Retail Park on Leckwith Road. The property has facing brick elevations beneath a pitched tile covered roof and benefits from gas central heating (not tested) and double glazing. Accommodation: GF: Entrance hall, refitted kitchen, lounge. FF: Landing, two bedrooms, bathroom. OS. Off road parking space for two cars to the front and an enclosed rear garden mostly laid to chippings, having pedestrian access to rear footpath. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £95,000 +

Lot no. 6

DETACHED HOUSE 6 DINAS ISAF COTTAGES, WILLIAMSTOWN, TONYPANDY, RHONDDA, MID GLAMORGAN, CF40 1NQ A detached house of modern construction with facing brick elevations beneath a pitched tiled roof covering having uPVC double glazed fenestration and gas fired central heating (not tested). The property is on the fringe of a residential estate, convenient for the new A4119 road serving the Rhondda Valleys to the M4 motorway with local shops nearby. The property is close to the recent Barratt development at Awel Las, Dinas Isaf. Accommodation: GF. Entrance porch, lounge open plan to dining room, fitted kitchen with range of wall and base units, gas and electric points and plumbed for washing machine. FF. Landing, three bedrooms, bathroom with panelled bath, wash hand basin and wc. OS. Gardens to front and rear with driveway to side. Tenure: Freehold. Viewing: Joint Auctioneers, Tudball & Co, Porth, Rhondda (01443) 686666

Joint Auctioneers

Guide Price: £59,000 +

PLEASE NOTE BUYERS ARE RESPONSIBLE FOR INSURING ANY PROPERTY FROM EXCHANGE OF CONTRACTS property auction catalogue - 13th July 2010, 3pm

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Lot no. 7

LARGE FORMER GUEST HOUSE NEEDING REFURBISHMENT – POTENTIAL FOR FLAT CONVERSION 44 CORPORATION ROAD, NEWPORT, GWENT, NP19 0AW A large Victorian semi detached, bay fronted property with accommodation on flour floors, having facing brick elevations, various balconies and a combination of window types beneath a pitched and gabled roof with slate covering, benefiting we are advised from gas central heating (not tested), but in need of refurbishment. The location is prominent alongside a busy main road with a combination of guest house, office and residential users, within a mile of the City Centre on the eastern side of the river Usk. There is a vehicular right of way to parking for approximately 10 cars at the rear. The property is considered to have potential to convert into 4 flats (subject to consents). Accommodation: Not inspected but advised to comprise: GF. Entrance porch and hall, reception room, laundry/boiler room, bedroom. LGF. Entrance hall, owners sitting room/bedroom with ensuite bathroom and wc, kitchen, dining room (12 covers). FF. Landing, two shower rooms and wc’s, four bedrooms. SF. Landing, shower room and wc, three bedrooms. OS. Gardens to front and rear, double garage with potential for alternative use (subject to the necessary consents) and parking. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £159,000 +

AMG Maintenance

AMG Maintenance

Nationwide Coverage For All Your Maintenance Needs @ @ @ @

Locksmith Services House Clearance Draining Of Water Systems Property Repairs CALL US ON

Emergency Boarding Security Shuttering Garden Maintenance Cleaning Services

01625 433633 macclesfield@amgltd.co.uk www.amgltd.co.uk

FAX: 01625 433600

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RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk

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BUILDING PLOT – CONSENT FOR PAIR OF SEMI DETACHED HOUSES

Lot no. 8

SITE ON CORNER OF LLEWELLYN STREET/SUNNYBANK, OGMORE VALE, BRIDGEND, MID GLAMORGAN, CF32 7BY A plot of land on a level plateau situated between Llewellyn Street and Sunnybank in the heart of the village. The land benefits from planning consent for the construction of a pair of semi detached houses under Planning Ref No: P/08/1010/FUL, dated 3rd April 2009. A copy of the planning consent is available from the Auctioneers Office. Services are presumed to have been provided for as part of the adjoining scheme, but interested parties must satisfy themselves in this connection. Tenure: Freehold. Viewing: Open for inspection. Further information: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £14,000 +

PLAN FOR IDENTIFICATION PURPOSES ONLY. NOT TO SCALE.

THREE BEDROOM HOUSE FOR RENOVATION

Lot no. 9

2 LANSBURY ROAD, MERTHYR TYDFIL, MID GLAMORGAN CF48 1HA A two storey three bedroom semi detached house situated on the edge of Merthyr Tydfil approximately 1.5 miles from the town centre and less than half a mile from Cyfarthfa Retail Park and the A470. The property has rendered elevations beneath a pitched roof (which has recently been re-covered) with interlocking tile covering but requires a programme of refurbishment throughout. Having regard to the size of the plot, it is considered there is potential for extension of the existing house or possibly a further attached dwelling, subject to planning and all necessary consents being obtained. In this respect all interested parties are advised to make their own enquiries with the local planning authority. Accommodation: GF. Entrance lobby, two reception rooms, kitchen. FF. Landing, three bedrooms, bathroom. OS. Open sloping lawn to front with off-road parking driveway leading to the side of the property. To the rear is a good sized enclosed but overgrown rear garden with outhouse comprising w.c. and storage cupboard. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £33,000 +

property auction catalogue - 13th July 2010, 3pm

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Lot no. 10

TWO BEDROOM HOUSE FOR IMPROVEMENT 7 BARRETT STREET, CWMPARC, TREORCHY, RHONDDA, MID GLAMORGAN, CF42 6LN A two storey two bedroom terraced house situated in the village of Cwmparc which lies approximately 1 mile from the busy town of Treorchy. The property has a colourwashed spar rendered front elevation beneath a pitched roof with interlocking tile covering and benefits from double glazed fenestration and gas central heating (not tested). Some refurbishment works are required. Accommodation: (not inspected but advised to comprise): GF. Entrance lobby, one reception room (formerly two rooms), kitchen. FF. Landing, two bedrooms, bathroom. OS. Steps up to overgrown enclosed rear garden with pedestrian access onto rear service lane. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: ÂŁ36,000 +

Lot no. 11

THREE BEDROOM HOUSE FOR REFURBISHMENT 5 HEATH PARK LANE, HEATH, CARDIFF, CF14 4AL A bay fronted semi detached three bedroom house situated in the popular Heath area of Cardiff close to University of Wales Hospital, DWP government offices and the amenities on offer at Caerphilly Road, convenient for travel to the city centre. The property has pebble dashed elevations beneath a pitched roof with tile covering and benefits from gas heating (not tested), a good sized garden and a garage to the rear of the property. A programme of renovation is required throughout. GF. Entrance hall, lounge, dining room, kitchen. FF. Landing, three bedrooms, bathroom. OS. Good sized overgrown and enclosed front, side and rear garden with solid constructed garage giving vehicular access onto rear service lane. Having regard to the size of the plot, it is considered there is potential for extension of the existing house or possibly a further attached dwelling, subject to planning and all necessary consents being obtained. In this respect all interested parties are advised to make their own enquiries of the local planning authority. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: ÂŁ139,000 +

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RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk


Lot no. 12

DETACHED HOUSE FOR IMPROVEMENT WITH DRAMATIC VIEWS GLYNVIEW HOUSE, WOODLAND ROAD, GLYNCORRWG, PORT TALBOT, WEST GLAMORGAN, SA13 3BS An attractive traditional elevated and well proportioned four bedroom detached house within a sizeable plot situated on the fringe of the countryside immersed Afan Valley village of Glyncorrwg which lies approximately 3 miles from the village of Cymer, 6 miles from the Llynfi Valley town of Maesteg and approximately 11 miles from Port Talbot and the M4 motorway. The property has colour washed rendered elevations with double glazed fenestration beneath a pitched and gabled roof with tile covering and benefits from gas central heating (not tested), front and rear gardens and a gated off-road parking area. Accommodation: GF: Entrance hall, lounge, sitting room, dining room, study, kitchen, shower room. FF: Landing, four bedrooms, bathroom, study area with stairs to: SF: Attic room with roof light windows. OS. To the front is an off road gated parking area with terrace and a steep mature planted garden area to the front of the house. To the rear is a small yard area with steps up to a private enclosed grassed garden bound by conifers. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: ÂŁ125,000 +

Auction Specialists You should take legal advice before bidding on an auction property. Howells offer free initial legal advice. Pre auction reports available. Fixed fee conveyancing. Specialist Auction team. Deadlines met.

Call us today - FREEPHONE: 0808 178 2778 www.howellelegal.com CARDIFF 029 2040 4020 Hallinans House, 22 Newport Road, CF24 0TD

CARDIFF 029 2048 4366 62 Albany Road, Roath, CF24 3RR

e-mail: commercial@howellslegal.com

SWANSEA 01792 410016 4 Langdon House, Langdon Road, SA1 4AQ

CAERPHILLY 029 2086 7111 72/74 Cardiff Road, CF83 1JQ

TALBOT GREEN 01443 230411 First Floor, 83 Talbot Road, CF72 8AE

property auction catalogue - 13th July 2010, 3pm

NEWPORT 01633 227960 29 Bridge Street, NP20 4BG

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Lot no. 13

DEVELOPMENT SITE WITH CONSENT FOR THREE HOUSES – SOME WORK COMMENCED LAND SOUTH EAST OF BERWICK TERRACE, MOUNT PLEASANT, SWANSEA, WEST GLAMORGAN, SA1 6XT A level plateau of land on a steep site upon which consent has been granted and work commenced for a terrace of three houses in an elevated location with views extending over the city to the sea. The site is within close proximity to the city centre. Planning: Planning consent was granted by Swansea City Council Ref: 2003/0624 and foundations have been laid. Interested parties must rely upon their own investigations in this connection as the Auctioneers have not seen the work in progress, but presume it is likely that the work was inspected by the Local Authority Building Control Department. Tenure: Freehold. Viewing: The land is open for inspection Further information: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: Nominal Reserve

PLAN FOR IDENTIFICATION PURPOSES ONLY. NOT TO SCALE.

MEET US AT THIS AUCTION

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Lot no. 14

RESIDENTIAL DEVELOPMENT SITE – NEAR TOWN CENTRE LAND AT WOODBINE CLOSE, PEMBROKE, SA71 4PP A level site on a long established residential estate within walking distance of Pembroke Main Street, hosting a variety of shops and social facilities. The land is adjoining a combination of privately owned and local authority, mostly semi detached housing, but a higher value residential development has been recently developed nearby. The land has planning consent for apartments which may well enjoy a view of the attractive Mill Pond with its swans or Pembroke Castle from the upper floors. Planning: We are advised that outline planning consent was granted on 24th August 2007 under Planning Reference: 06/1561/PA. A copy of the planning consent will be available from the Auctioneers office. Tenure: Freehold. Viewing: The site is fenced but can be externally viewed from various parts of the boundary. Further information: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: Sold Prior

REALTY DHG LTD

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To speak with our Mortgage Advisor Jason Walters

Call 07830 155627 www.realtydhg.com Unit 13, Pacific Business Park, Pacific Road, Cardiff CF24 5HJ Tel: 029 2049 3300 • Fax: 029 2048 3399

Your home may be repossessed if you do not keep up repayments on your mortgage. Commercial Finance is not regulated by the FSA. property auction catalogue - 13th July 2010, 3pm

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Lot no. 15

FREEHOLD COMMERCIAL TELEPHONE MAST SITE (LET) - INVESTMENT TELECOMS BASE STATION, TATTON ROAD, QUEENSWAY INDUSTRIAL ESTATE, NEWPORT, GWENT, NP18 A small area of land forming the base for a telephone mast which has been let to Vodafone Ltd for a term of 20 years commencing 21st January 2004 at a rental of £2,000 per annum with 5 yearly rent reviews. No rent review has been implemented and no notices have been served. Tenure: Freehold. Further information: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £20,000 + PLAN FOR IDENTIFICATION PURPOSES ONLY. NOT TO SCALE.

Lot no. 16

RETAIL PREMISES – POTENTIAL INVESTMENT 25 THOMAS STREET, ABERTRIDWR, CAERPHILLY, MID GLAMORGAN, CF83 4AU A freehold mid terraced property with retail use to the ground floor (latterly used as a butchers shop) and three rooms to the first floor, situated in the village of Abertridwr, which lies approximately 2.75 miles from the main town of Caerphilly. The property has a natural pointed stone front elevation with brick quoin detail beneath a pitched roof with interlocking tile covering. The ground floor benefits from a display window and uPVC double glazed windows have been fitted to the majority of the building. It is believed that the first floor could be converted to residential accommodation subject to the necessary consents being obtained. Accommodation: GF. Retail area, preparation area, kitchen. FF. Three rooms (one with wc). OS. Rear yard with garage benefiting from rear service lane access.

Joint Auctioneers

Tenure: Freehold. Viewing: Joint Auctioneers, Brinsons, Caerphilly (029) 2086 7711

Guide Price: £59,000 + ‘Eastgate’

Market Street Caerphilly Mid Glamorgan CF83 1NX www.brinsons.co.uk

Lot no. 17

FIRST FLOOR FLAT - POTENTIAL INVESTMENT 8 EAST COURT, 170/171 EAST ROAD, TYLORSTOWN, PORTH, RHONDDA, MID GLAMORGAN, CF43 3BU A modernised and recently decorated conversion flat on the first floor of a mid terrace house, alongside the main road through the village with central heating radiators fitted but no boiler. Accommodation: GF. Communal entrance hall to first floor; FF. Living room, with recessed kitchen area, bedroom and bathroom. Tenure: Leasehold for 99 years at a ground rent of £50 per annum rising. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £14,000 +

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RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk


THREE BEDROOM END TERRACE HOUSE

Lot no. 18

92 PARK STREET, PENRHIWCEIBER, MOUNTAIN ASH, MID GLAMORGAN, CF45 3YL An extended traditional type three bedroom end terrace house with local shops nearby. The property has a pointed stone front elevation, rendered and colourwashed to the pine end and rear with uPVC single glazed fenestration and gas fired central heating (not tested), beneath a pitched tiled roof covering. Accommodation: GF. Recessed entrance porch, entrance hall, living room (originally two rooms), kitchen, utility room. LGF. Steps down to bathroom and separate wc. FF. Landing, three bedrooms. OS. Steps leading down to paved garden/patio with pedestrian side access gate. Tenure: Freehold. Viewing: Joint Auctioneers, Durbins, Mountain Ash (01443) 473883

Guide Price: £44,000 +

Joint Auctioneers

Durbin & Co E S TAT E

A G E N T S

1 Oxford Street, Mountain Ash, Mid Glam. CF45 2PG Tel: (01443) 473883 / 477888 Fax: (01443) 474855

THREE BEDROOM SEMI DETACHED HOUSE IN RURAL LOCATION

Lot no. 19

10 DAN YR EPPYNT, TIRABAD, LLANGAMMARCH WELLS, POWYS, LD4 4DR A three bedroom semi detached house in gardens extending to approximately half an acre in an area well known for outdoor activities, including horse riding, cycling and walking trails within Crychan and Halfway forests which are managed by the Forestry Commission. Tirabad lies approximately 9 miles from Llandovery and approximately 15 miles from Builth Wells. The property benefits from uPVC double glazing and central heating (not tested). Accommodation: Advised to comprise: GF: Porch, entrance hall, two reception rooms, kitchen, side lobby, store, wc, utility room. FF: Landing, three bedrooms, bathroom comprising bath with shower fitting over, wash hand basin and wc. OS. Gardens to front, side and rear, timber shed.

Joint Auctioneers

Tenure: Freehold. Viewing: Joint Auctioneers, LWT Estate Agents, Llanwrtyd Wells (01591) 610069

Guide Price: £116,000 +

PLEASE NOTE WE ARE UNABLE TO ACCEPT DEPOSITS BY WAY OF DEBIT OR CREDIT CARD property auction catalogue - 13th July 2010, 3pm

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Lot no. 20

LARGE SEMI DETACHED HOUSE OF CHARACTER IN CHOICE RESIDENTIAL AREA TY GLYN CASTELL, CEMETERY ROAD, GLYNTAFF, PONTYPRIDD, MID GLAMORGAN, CF37 4BD A prestigious bay fronted residence of character in a respected residential location in Pontypridd with good road access to Cardiff, the M4 motorway and the Rhondda valleys. The bay fronted property has pointed stone front elevation and provides extensive accommodation with uPVC double glazing and gas fired central heating (not tested), beneath a pitched tiled roof covering. Various original features remain including high ceilings and deep skirting boards plus a number of supplementary outside rooms and a large part terraced and decked rear garden. Accommodation: GF. Entrance porch and hall, lounge, dining room, kitchen with matching wall and base units, double glazed uPVC conservatory. FF. Stairs from hall to landing with three bedrooms, well appointed bathroom with fully tiled walls, three piece suite and shower. OS. Steps up to walled front garden, side access to patio providing access to supplementary study/utility room and stores, rear garden with steps and paths to large private areas of decking, shrubberies and stores plus large additional extended garden area. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £158,000 +

Lot no. 21

RETAIL WITH UPPER PARTS FOR REFURBISHMENT – POTENTIAL INVESTMENT 68 HANNAH STREET, PORTH, RHONDDA, MID GLAMORGAN, CF39 9PY A former bakery and baguette shop with a modern open plan shop front protected by a roller shutter door together with first floor storage. The property has a pointed stone front elevation above the shop front, rendered to the rear beneath a slate roof covering with access and parking off a service lane to the rear, located in the prime retail street of the town, being next door to Greggs and very close to Lloyds Pharmacy, Thomas Cook, HSBC and Tui Travel but in need of refurbishment to exploit the commercial letting potential. Accommodation: GF. Main sales area with suspended ceiling and partitioned off preparation room, rear stores with wc and steps up, rear lobby and door to rear yard. FF. Two landing areas, front living room with fireplace, inner room with window into further room leading off rear landing. OS. Rear parking area accessed from lane. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £32,000 +

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RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk


LAND WITH RESIDENTIAL PLANNING CONSENT FOR NINE HOUSES

Lot no. 22

LAND ADJACENT TO 13 BISHOP ROAD, GARNANT, AMMANFORD, CARMARTHENSHIRE, SA18 1NA A roughly rectangular, sloping parcel of land with vehicular access and road frontage amidst residential housing within the village of Garnant which is situated approximately 4 miles east of Ammanford and 16 miles north of Swansea. The land benefits from full planning consent granted by Carmarthenshire County Council on the 29th November 2007 for the development of a housing scheme comprising a 1 x 3 bedroom detached house, 2 x 2 bedroom semi detached houses and 6 x 2 bedroom terraced houses. Tenure: Freehold. Viewing: The land is open for inspection but any party entering upon the land does so at their own risk. Further information: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £35,000 +

PLAN FOR IDENTIFICATION PURPOSES ONLY. NOT TO SCALE.

PARCEL OF LAND WITH RESIDENTIAL DEVELOPMENT CONSENT

Lot no. 23

LAND R/O 1 LAKE STREET, FERNDALE, RHONDDA, MID GLAMORGAN, CF43 3HE An infill plot of land principally occupied by a single storey garage/store of solid type construction situated close to the amenities on offer in the Rhondda Valley town of Ferndale. The land benefits from full planning consent for a two bedroom detached town house with integral garage granted 10th July 2008 by Rhondda Cynon Taff County Borough Council (Planning Reference: 08/0373/10). Plans and a copy of the consent can be inspected at the Auctioneers Office. Tenure: Freehold. Viewing: Joint Auctioneers, Barbara Rees, Tonypandy, (01443) 442444

Guide Price: £10,000+

Joint Auctioneers

property auction catalogue - 13th July 2010, 3pm

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Lot no. 24

DETACHED BUNGALOW – RURAL VILLAGE LOCATION DAN Y DDERWEN, DREFACH ROAD, MEIDRIM, CARMARTHENSHIRE, SA33 5PA A deceptively spacious three bedroom bungalow located in a pleasant rural village approximately eight miles west of the county town of Carmarthen and six miles north of St Clears. The property has roughcast rendered elevations with facing brick features, uPVC double glazed fenestration and oil fired central heating (not tested) beneath a pitched tiled roof covering with a conservatory extension and gardens all round. GF. Recessed entrance porch, leading to spacious hall with all rooms leading off, lounge, kitchen/living room with range of fitted units, three bedrooms, bathroom with disabled bath and shower over, wash hand basin and wc. Rear inner lobby having cloakroom with wc, door to integral garage and doorway to rear fully glazed conservatory leading onto rear patio. OS. Tarmacadam drive, paved patio, paths and garden all round, greenhouse. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £115,000 +

Lot no. 25

GROUND FLOOR TWO BEDROOM FLAT 5 BRITWAY COURT, BRITWAY ROAD, DINAS POWYS, VALE OF GLAMORGAN, CF64 4AL A vacant ground floor two bedroom flat situated in an attractive, private gated development within the popular village of Dinas Powys lying approximately 5 miles outside Cardiff City Centre and 3 miles from the A4232 trunk road. The village offers local amenities such as a village store, bank and post office. The flat benefits from an allocated undercover parking space, outside storage cupboard, intercom entry system and gas central heating (not tested). Accommodation: GF. Entrance via communal hallway. FLAT: Entrance hall, two bedrooms, lounge, kitchen, bathroom. OS. Communal residents parking area accessed via manually operated gates. Tenure: Leasehold, 999 years from 25th December 2008. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £115,000 +

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RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk


THREE STOREY MID TERRACE HOUSE NEEDING REFURBISHMENT

Lot no. 26

43 PARRY STREET, TYLORSTOWN, PORTH, RHONDDA, MID GLAMORGAN CF43 3AT Traditional type mid terrace house with rendered elevations, uPVC double glazed fenestration and gas fired central heating (not tested) beneath a pitched tiled roof. The property is situated in a residential street within the village of Tylorstown with local shops and good access to major roads. Accommodation: GF. Entrance hall, through lounge, stairs down to: LGF. Living room, kitchen laundry room, bathroom with three piece suite and overbath shower. FF. Landing, three bedrooms. OS. Concrete patio and steps down to overgrown garden with door to rear service lane. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: ÂŁ38,000 +

THREE BEDROOM HOUSE FOR IMPROVEMENT

Lot no. 27

55 CARNE STREET, PENTRE, RHONDDA, MID GLAMORGAN, CF41 7LD A three storey, three bedroom end of terrace house (latterly used as a tattoo studio) situated in the Rhondda Valleys village of Pentre which lies less than 0.5 miles from the busy town of Treorchy. The property has pointed natural stone elevations beneath a pitched roof with interlocking tile covering and benefits from double glazed fenestration to the front elevation. Some refurbishment and updating works are required. We are told by the vendor that consent was never obtained from the local authority for commercial use and as such we are advised that the property is still classed as a dwelling house. Prospective purchasers are advised to make their own enquiries to this regard. Accommodation: GF. Entrance hall with stairs to first floor, two reception rooms (one formerly two rooms), stairs to lower ground floor. LGF. Kitchen, bathroom. FF. Landing, three bedrooms. OS. Enclosed yard to rear with grassed area and detached garage giving access to rear service lane. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: ÂŁ45,000+

property auction catalogue - 13th July 2010, 3pm

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Lot no. 28

THREE BEDROOM APARTMENT IN SOUGHT AFTER LOCATION FOR IMPROVEMENT FLAT 4 ALLENS COURT, 3 ST EDEYRNS ROAD, CYNCOED, CARDIFF, CF23 6TB A spacious self contained three bedroom flat on the first floor of a purpose built block of four properties in St Edeyrns Road in the popular and sought after residential area of Cyncoed with local shops nearby and convenient for access to Roath Park Lake and the shopping facilities at Wellfield Road. The host building has facing brick elevations under a pitched tiled roof. The apartment benefits from uPVC double glazing and gas central heating (not tested) but is in need of upgrading. Accommodation: GF. Entrance door, small hall, stairs to: FF. Large landing with fitted airing cupboards and cloaks, access to loft, lounge with sliding patio doors onto balcony, archway to dining area, master bedroom with fitted wardrobes and full ensuite bathroom comprising bath, wash hand basin in vanity unit, wc and bidet, two further bedrooms both with fitted wardrobes, shower room with freestanding shower unit, wash hand basin and wc, kitchen with range of fitted units. OS. Communal gardens, single garage in separate block. PlEASE NOTE: The balcony is subject to a Prohibition Order preventing use as it is structurally unsafe to use. Tenure: Leasehold. 99 years from 29th September 1983 at a ground rent of £60 per annum plus insurance rent and service charge. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £110,000 +

Lot no. 29

FORMER SOCIAL CLUB WITH RESTAURANT, FUNCTION ROOMS AND PRIVATE RESIDENTIAL ACCOMMODATION THE ARUNDEL CLUB, TONMAWR STREET, BLAENAVON, GWENT, NP4 9JP A large three storey detached premises with colourwashed rendered elevations and uPVC double glazed fenestration beneath a pitched slate roof covering to the main building together with a variety of matching or flat roof extensions, providing spacious and practical areas for its leisure related use. The property is located in a mostly residential area within the town of Blaenavon, approximately 5 miles from Pontypool. There are a number of visitor and tourist attractions in the surrounding area and the property is adjoining a car park. Accommodation: GF. Entrance porch and main hall with two cloakrooms and access to major function room with bar counter, dance floor and door to balcony, lounge, restaurant, inner bar and pool/snooker room, two kitchens and preparation areas plus washing up areas, well appointed rear toilets. FF. Private accommodation: Accessed from staircase on inner corridor, landing, living room, two bedrooms, kitchen, bathroom with three piece suite and shower. SF. Three attic bedrooms in need of upgrade. OS. Storage yard and stores. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £75,000 +

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RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk


DETACHED HOUSE – CURRENTLY TENANTED

Lot no. 30

7 DINAS ISAF COTTAGES, WILLIAMSTOWN, TONYPANDY, RHONDDA, MID GLAMORGAN, CF40 1NQ A detached house of modern construction with facing brick elevations beneath a pitched tiled roof covering having uPVC double glazed fenestration and gas fired central heating (not tested). The property is on the fringe of a residential estate, convenient for the new A4119 road serving the Rhondda Valleys to the M4 motorway, with local shops nearby. The property is close to the recent Barratt development at Awel Las, Dinas Isaf. Accommodation: GF. Entrance porch, lounge open plan to dining room, fitted kitchen with range of wall and base units, gas and electric points and plumbed for washing machine. FF. Landing, three bedrooms, bathroom with panelled bath, wash hand basin and wc. OS. Garden to front and rear with driveway to side.

Joint Auctioneers

Tenancy: We are verbally advised that the property is let on an Assured Shorthold Tenancy Agreement at £80 per week (£4,160 per annum). Tenure: Freehold. Viewing: Joint Auctioneers, Tudball & Co, Porth, Rhondda (01443) 686666

Guide Price: £59,000 + FIRST FLOOR FLAT – POTENTIAL INVESTMENT

Lot no. 31

7 EAST COURT, 170/171 EAST ROAD, TYLORSTOWN, PORTH, RHONDDA, MID GLAMORGAN, CF43 3BU A first floor conversion flat within a traditional type mid terrace house, alongside the main road through the village of Tylorstown with local shops and public transport. The flat has central heating radiators, but no boiler. Accommodation: GF. Communal entrance hall on ground floor provides access to staircase and first floor. FF. Landing with individual self contained flats. The flat comprises entrance hall, living room with recessed kitchen area, bedroom and bathroom. Tenure: Leasehold. 99 years at a ground rent of £50 per annum rising. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £13,000 +

property auction catalogue - 13th July 2010, 3pm

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Lot no. 32

LARGE PUBLIC HOUSE WITH ROOMS AND FLAT OVER – REDEVELOPMENT POTENTIAL CENTRAL HOTEL, CLYDACH ROAD, TONYPANDY, RHONDDA, MID GLAMORGAN, CF40 2DG A large end terraced premises in a prominent location on the corner of Clydach Road and North Terrace with red facing brick elevations to both frontages, rendered and colourwashed to the rear beneath a gabled and pitched slate roof covering, with some uPVc double glazing and partial gas fired central heating (not tested). The property has been long established as a venue for social gatherings with letting rooms, but has now ceased trading and requires refurbishment. Accommodation: GF. Central entrance to porch and reception hall with access to all parts, lounge, bar/function suite with raised inner bar and serving counter, ladies and gents toilet facilities. Separate corner entrance to public and pool bars with central servery. FF. Landing, six rooms and two bathrooms with potential for communal use. Private flat comprising: Living room, two bedrooms, kitchen, bathroom. SF. Landing with five partly refurbished bedrooms. OS. Garage accessed from North Terrace. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £37,000 +

Lot no. 33

THREE BEDROOM MID TERRACE HOUSE 6 PARK STREET, PENRHIWCEIBER, MOUNTAIN ASH, MID GLAMORGAN, CF45 3YL A three bedroom mid terrace house having a pointed stone front elevation under a pitched slate roof covering. The property requires internal updating but benefits from uPVC double glazing and gas fired central heating (not tested), the boiler having been removed but will be fitted by the vendor prior to completion. Accommodation: GF. Entrance hallway, lounge/dining room. LGF. Kitchen, utility room, bathroom. FF. Landing, access to loft, three bedrooms. OS. Enclosed rear garden. Tenure: Freehold. Viewing: Joint Auctioneers, Durbins, Mountain Ash (01443) 473883

Guide Price: £36,000 + Joint Auctioneers

Durbin & Co E S TAT E

A G E N T S

1 Oxford Street, Mountain Ash, Mid Glam. CF45 2PG Tel: (01443) 473883 / 477888 Fax: (01443) 474855

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RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk


SEMI DETACHED HOUSE – REQUIRING INTERNAL FINISHING

Lot no. 34

10 TYNTALDWYN ROAD, TROEDYRHIW, MERTYHR TYDFIL, MID GLAMORGAN, CF48 4NG A semi detached house in the course of refurbishment, with all internal works to be completed, but benefiting from uPVC double glazing and under floor heating (not tested or inspected). The property has pebble dash rendered elevations under a pitched tiled roof covering. When completed the accommodation will comprise: Accommodation: GF: Lounge, kitchen FF: No Staircase part partitioned, will provide three bedrooms and bathroom OS. Elevated front garden with steps up to front door, rear patio area, raised decked area, shared driveway to detached garage. Tenure: Freehold.

Joint Auctioneers

Viewing: Joint Auctioneers, Weathersby, Troedyrhiw (01443) 692510

Guide Price: £46,000 + FORMER SOCIAL CLUB WITH LAPSED RESIDENTIAL CONSENT

Lot no. 35

THE TOP HAT CLUB, WOODLAND TERRACE, CWMTILLERY, ABERTILLERY, GWENT, NP13 1LA A blocked up and boarded former social club on various levels having rendered and colourwashed elevations beneath a profile sheet roof covering plus various smaller flat roof extensions together with a large car park at the side. The property is bounded by a sports field at a much lower level to the rear hence protecting the extensive open views it currently commands from an elevated location on the sunny side of the valley. The nearby lakes form a local attraction which enhance the appeal of the site. The property has a frontage onto the local authority highway with good quality houses recently built. Planning: We are advised that outline consent was granted for residential development on the site by Blaenau Gwent County Borough Council on 3rd February 2006 (Application No C/20050537). This planning consent has lapsed and interested parties must rely upon their own enquiries regarding potential development. Tenure: Freehold. Viewing: External only. Further information: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £63,000 +

PLEASE NOTE WE CAN NOW SUPPLY LEGAL PACKS BY EMAIL. TO REQUEST THIS SERVICE PLEASE EMAIL YOUR REQUIREMENTS TO penny.cody@rhseel.co.uk or kristy.perry@rhseel.co.uk

property auction catalogue - 13th July 2010, 3pm

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Lot no. 36

AREA OF OVERGROWN LAND WITH ROAD FRONTAGE SCRUB LAND TO SOUTH EAST OF DINAS ISAF COTTAGES, WILLIAMSTOWN, TONYPANDY, RHONDDA, MID GLAMORGAN, CF40 1NQ A long narrow area of scrub land with timber vegetation bounded by the new major road at the intersection at the roundabout and the Rhondda Cynon Taff council office car park, near the Dinas Industrial Estate. The land adjoins existing housing and may have some development potential subject to all necessary consents. Tenure: Freehold. Viewing: The land is open for inspection. Further Information: Joint Auctioneers, Tudball & Co, Porth, Rhondda (01443) 686666

Guide Price: Nominal Reserve

PLAN FOR IDENTIFICATION PURPOSES ONLY. NOT TO SCALE.

Joint Auctioneers

END OF AUCTION PLEASE REFER TO AUCTIONEERS FOR DETAILS OF ANY LATE ENTRIES WE ARE NOW INVITING ENTRIES FOR OUR 7TH SEPTEMBER AUCTION – FOR A FREE AUCTION APPRAISAL CONTACT THE AUCTION TEAM ON (029) 2037 0117

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RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk


TELEPHONE/PROXY BIDDING FORM DATE OF AUCTION:

_____________________

LOT NO: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

BIDDERS NAME:

____________________________________________________________

ADDRESS:

____________________________________________________________ ____________________________________________________________

TELEPHONE NUMBER: BUSINESS _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

HOME _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

TELEPHONE NUMBER AT TIME OF AUCTION: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ SOLICITOR’S NAME:

____________________________________________________________

ADDRESS:

_____________________

F.A.O. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

____________________________________________________________ TELEPHONE NO:

____________________________________________________________

I hereby authorise the Auctioneers staff to bid on my behalf in accordance with the terms and conditions set out herein headed ‘bidding by telephone or by letter’, which I confirm I have read and understood. I request that the Auctioneers attempt to contact me on the telephone at the relevant time to enable me to bid myself. (Delete if telephone bid is not required). The bid that I hereby Authorise is: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Lot No: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Auction Date:

____________________________________________________________

Address of Lot:

____________________________________________________________

Maximum Bid:

£ ___________________________________________________________ (words)

I attach a cheque for deposit of _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ (Plus Buyers Premium of £250 plus VAT) (10% of maximum bid or £1,000 or £2,000 (as applicable) whichever is the greater) Signature of the Bidder:

____________________________________________________________

Date:

____________________________________________________________

If the person signing is not the bidder the signatory warrants that authority has been given by the bidder. Name: (please print)

____________________________________________________________

Address: (if different from the bidder) ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Telephone No:

____________________________________________________________

property auction catalogue - 13th July 2010, 3pm

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BIDDING BY TELEPHONE/LETTER 1.

The bidder must complete a separate authority form for each lot and provide a bankers draft, Solicitors, clients

8.

account cheque or cheque signed by a Building Society, for 10% of the maximum amount bid for each lot, subject to a minimum of £1,000 or £2,000 (as applicable) plus Buyers Premium of £250 plus VAT made payable to: R.H. SEEL & CO. 2.

3.

The form must be sent, or delivered to, the Auctioneers office, The Crown House, Wyndham Crescent, Canton, Cardiff to arrive before 5pm two working days prior to the date of that’s months relevant Auction. It is the bidder’s responsibility to check that the form is received by telephoning the Auctioneers office. The bidder shall be deemed to have read the ‘Important Notice’ to be read by all bidder’s, particulars of the relevant lot in the catalogue and the General and Special Conditions of Sale. The prospective purchaser shall be deemed to have taken all necessary professional and legal advice and to have made enquires and have knowledge of any announcements to be made from the rostrum of any amendments relating to the relevant lot. Announcements can and should be checked by bidders on the day of the Auction.

4.

In the case of telephone bids attempts will be made to contact the bidder by telephone and if successful, the bidder may then compete in the bidding. UP TO THE MAXIMUM OF THE AMOUNT AUTHORISED IN THE COMPLETED AUTHORITY FORM.

5.

In the event that the proposed bidder cannot be contacted or communication breaks down, or there is any confusion or disruption, the Auctioneers will bid/continue to bid on behalf of the bidder up to the maximum of the authorisation.

6.

In the case of written bids the Auction staff will compete in the bidding up to the maximum of the authorisation.

7.

The right is reserved not to bid on behalf of telephone/written bidders in the event of any error, doubt, omission or uncertainty of the bid for for any reason whatsoever. No warranty or guarantee is given that a bid will be made on behalf of the bidder and no liability is accepted in this regard.

In the event that the telephone/written bid is successful the Auctioneer will sign the Memorandum of Contract on behalf of the bidder as a Contract would have been formed on the fall of the hammer.

9.

In the event of a Contract, the deposit monies will be applied so far as necessary to meet the requirement for a 10% deposit. (or minimum £1,000 or £2,000 as applicable). In the event that the bidder is unsuccessful in gaining the contract, the deposit monies shall be returned to the bidder promptly.

10. Once delivered to the Auctioneers, the authority to bid is binding on the bidder up to 9.00 pm on the day on which the particular lot is Auctioned. This is to allow for the possibility of a Vendor agreeing to sell post Auction where the bidding has not reached the reserve. 11. The authority can only be withdrawn by notification in writing delivered to the offices of Seel & Co., two hours before the start of the Auction on the day the relevant lot is scheduled to be Auctioned or by delivery into the hands of the Auctioneers in the Auction room half an hour before the start of the Auction that day. It is the bidders responsibility to obtain a receipt on a copy of the withdrawal notification signed by one of the Auctioneers staff and without such a receipt the authority stands and any successful Contract is binding on the bidder. 12. If the bidder, or the agent, actually bids at the Auction without having previously withdrawn the authority, the Auctioneer is at liberty to accept such bid in addition to any bid from Auction Department staff as empowered under the telephone/ written authority form. The Auctioneers would have no liability whatsoever if the price achieved is the result of this competition in bidding without intervention from other bidders.

RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk


COMMON AUCTION CONDITIONS INTRODUCTION

GLOSSARY

The common auction conditions have three main sections:

In the conditions wherever it makes sense:

1.

2.

3.

Glossary

This gives special meanings to some words used in the rest of the conditions

singular words can be read as plurals, and plurals as singular words

a ‘person’ includes a corporate body

The conduct of the auction

words of one gender include the other genders

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

and where the following words appear in blue they have the specified meanings:

Conditions of sale

The date when completion takes place or is treated as taking place for the purposes of apportionment and calculating interest

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: •

General conditions that apply to all lots

Any extra general conditions in the catalogue or an addendum

Special conditions that only apply to the lot you are buying (and which may vary the general conditions)

The conditions are legally binding. Important notice A prudent buyer will, before bidding for a lot at an auction: •

Take professional advice from a conveyancer and, in appropriate cases, a chartered surveyor and an accountant

Documents Documents of title (including, if title is registered, the entries on the register and the title plan) and other documents listed or referred to in the special conditions relating to the lot Extra conditions Any additions to or variations of the conditions that are of general application to all lots General conditions

Actual completion date

Addendum

The conditions so headed Interest rate If not specified in the special conditions, 4% above the base rate from time to time of Barclays Bank plc Lot

An amendment or addition to the conditions whether contained in a supplement to the catalogue, a written notice from the auctioneers or an oral announcement at the auction

Each separate property described in the catalogue or (as the case may be) the property that the seller has agreed to sell and the buyer to buy

Agreed completion date

Old arrears

(a)

the date specified in the special conditions, or

(b)

if no date is specified, 20 business days after the contract date

but if that date is not a business day the first subsequent business day Arrears Arrears of rent and other sums due under the tenancies but unpaid on the actual completion date

Arrears due under any of the tenancies that are not ‘new tenancies’ as defined by the Landlord and Tenant (Covenants) Act 1995 Particulars The section of the catalogue that contains descriptions of each lot Practitioner A receiver, administrative receiver or liquidator or a trustee in bankruptcy

Read the conditions

Auction

Inspect the lot

The auction advertised in the catalogue

Price

Carry out usual searches and make usual enquiries Auctioneers

The price that the buyer agrees to pay for the lot

Check the content of all available leases and other documents relating to the lot

Check that what is said about the lot in the catalogue is accurate

Have finance available for the deposit and purchase price

Check whether VAT registration and election is advisable.

The conditions assume that the buyer has acted like a prudent buyer. If you choose to buy a lot without taking these normal precautions you do so at your own risk.

The auctioneers at the auction

Ready to complete

Business day

Ready, willing and able to complete: if completion would enable the seller to discharge all financial charges secured on the lot that have to be discharged by completion, then those outstanding financial charges do not prevent the seller from being ready to complete

Any day except (a) a Saturday or a Sunday (b) a bank holiday in England and Wales or (c) Good Friday or Christmas Day Buyer

Sale memorandum

The person who agrees to buy the lot or, if applicable, that person's personal representatives: if two or more are jointly the buyer all obligations can be enforced against them jointly or against each of them separately Catalogue The catalogue to which the conditions refer including any supplement to it Completion Completion of the sale of the lot Conditions This glossary, the conditions for the conduct of the auction, the general conditions, any extra conditions and the special conditions Contract The contract by which the seller agrees to sell and the buyer agrees to buy the lot Contract date The date of the auction or, if the lot is not sold at the auction: (a)

the date of the sale memorandum signed by both the seller and buyer or

(b)

if contracts are exchanged, the date of exchange. If exchange is not effected in person or by an irrevocable agreement to exchange made by telephone, fax or electronic mail the date of exchange is the date on which both parts have been signed and posted or otherwise placed beyond normal retrieval.

The form so headed set out in the catalogue in which the terms of the contract for the sale of the lot are recorded Seller The person selling the lot Special conditions The conditions so headed that relate to the lot Tenancies Tenancies, leases, licences to occupy and agreements for lease and any documents varying or supplemental to them Transfer Includes a conveyance or assignment (and to transfer includes to convey or to assign) TUPE The Transfer of Undertakings (Protection of Employment) Regulations 1981 as modified or re-enacted from time to time VAT Value Added Tax or other tax of a similar nature VAT election an election to waive exemption from VAT in respect of the lot We (and us and our) The auctioneers You (and your) Someone who has a copy of the catalogue or who attends or bids at the auction, whether or not a buyer

property auction catalogue - 13th July 2010, 3pm


THE CONDUCT OF THE AUCTION The Catalogue is issued only on the basis that You accept these conditions relating to the conduct of the Auction. They override all other Conditions and can only be varied if We agree.

OUR ROLE As agents for each Seller we have the authority to: l Prepare the Catalogue from information supplied by or on behalf of each Seller. l Offer each Lot for sale l Sell each Lot

THE PARTICULARS AND OTHER INFORMATION We have taken reasonable care to prepare Particulars that correctly describe each Lot. However, the Particulars are based on information supplied by or on behalf of the Seller and We are not responsible for errors. The Particulars are for Your information but You must not rely on them. They do not form part of any Contract between the Seller and the Buyer. If We provide any information or a copy of any document We do so only on the basis that We are not responsible for its accuracy.

l Receive and hold deposits l Sign each Sale Memorandum

THE CONTRACT

l Treat a Contract as repudiated if the Buyer fails to sign a Sale Memorandum or pay a deposit as required by the Conditions.

A successful bid is one We accept as such.

Our decision on the conduct of the Auction is final. We may cancel the Auction, withdraw Lots from sale, or alter the order in which Lots are offered for sale. We may also combine or divide Lots. You acknowledge that to the extent permitted by law We owe You no duty of care and You have no claim against Us for any loss.

If You make a successful bid for a Lot You are obliged to buy that Lot on the terms of the Sale Memorandum. The Price will be the amount You bid plus VAT (if applicable). You must before leaving the Auction. l Provide all information We reasonably need from You to enable us to complete the Sale Memorandum including appropriate proof of identity. l Sign the completed Sale Memorandum l Pay the deposit. and if You do not We may either:

BIDDING AND RESERVE PRICES We may refuse to accept a bid. We do not have to explain why. If there is a dispute over bidding We are entitled to resolve it, and Our decision is final. Unless stated otherwise each Lot is subject to a reserve price. If no bid equals or exceeds that reserve price the Lot will be withdrawn from the Auction. The Seller may bid (or ask Us or another agent to bid on the Seller’s behalf) up to the reserve price but may not make a bid equal to or exceeding the reserve price. Where a guide price is given that price is not to be taken as an indication of the value of the Lot or of the reserve price.

l As agent for the Seller treat that failure as Your repudiation of the Contract and offer the Lot for sale again: the Seller may then have a claim against You for breach of contract l Sign the Sale Memorandum on Your behalf. Deposits must be paid by cheque or by bankers’ draft drawn on an Approved Bank in Our favour. The Catalogue states whether We also accept cash, or debit or credit cards. We may retain the Sale Memorandum signed by or on behalf of the Seller until We receive the deposit in cleared funds. If You make a successful bid for a Lot: l You are personally liable to buy it even if You are acting as an agent. It is Your responsibility to obtain an indemnity from the person for whom You are the agent l Where the Buyer is a company You warrant that the Buyer is properly constituted and able to buy the Lot l If the Buyer does not comply with its obligations under the Contract You are personally liable to buy the Lot and must indemnify the Seller in respect of any loss the Seller incurs as a result of the Buyer’s default.

RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk


GENERAL CONDITIONS OF SALE The general conditions apply except to the extent that they are varied by extra conditions, the special conditions or by an addendum.

3.4

Section 47 of the Law of Property Act 1925 does not apply.

3.5

Unless the buyer is already lawfully in occupation of the lot the buyer has no right to enter into occupation prior to completion.

1.

The lot

1.1

The lot, including any rights granted and reserved, is described in the special conditions.

4.

Title

1.2

The lot is sold subject to all subsisting tenancies, but otherwise with vacant possession on completion.

4.1

1.3

The lot is sold subject to all matters contained or referred to in the documents (except financial charges: these the seller must discharge on or before completion) and to such of the following as may affect it, whether they arise before or after the contract date and whether or not they are disclosed by the seller or are apparent from inspection of the lot or from the documents:

Unless general condition 4.2 applies, the buyer accepts the title of the seller to the lot as at the contract date and may raise no requisition or objection except in relation to any matter following the contract date.

4.2

The buyer may raise no requisition or objection to any documents made available before the auction but in relation to any of the documents that is not available before the auction the following provisions apply:

(a)

matters registered or capable of registration as local land charges

(b)

matters registered or capable of registration by any competent authority or under the provisions of any statute

(c)

notices, orders, demands, proposals and requirements of any competent authority

(d)

charges, notices, orders, restrictions, agreements and other matters relating to town and country planning, highways or public health

(e)

rights, easements, quasi-easements, and wayleaves

(f)

outgoings and other liabilities

(g)

any interest which overrides, within the meaning of the Land Registration Act 2002

(h)

matters that ought to be disclosed by the searches and enquiries a prudent buyer would make, whether or not the buyer has made them

(i)

anything the seller does not and could not reasonably know about

4.3

and where any such matter would expose the seller to liability the buyer is to comply with it and indemnify the seller against liability. 1.4

The seller must notify the buyer of any notices, orders, demands, proposals and requirements of any competent authority of which it learns after the contract date but the buyer must comply with them and keep the seller indemnified.

1.5

The lot does not include any tenant’s or trade fixtures or fittings.

1.6

Where chattels are included in the lot the buyer takes them as they are at completion and the seller is not liable if they are not fit for use.

1.7

The buyer buys with full knowledge of:

1.8

(a)

the documents whether or not the buyer has read them

(b)

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

The buyer is not relying on the information contained in the particulars or in any replies to preliminary enquiries but on the buyer’s own verification of that information. If any information is not correct any liability of the seller and any remedy of the buyer are excluded to the extent permitted by law.

2.

Deposit

2.1

The amount of the deposit is the greater of:

2.2

(a)

any minimum deposit stated in the catalogue (or the total price, if this is less than that minimum), and

(b)

10% of the price exclusive of VAT.

(a)

must be paid to the auctioneers by cheque or banker’s draft drawn on a UK clearing bank or building society (or by such other means of payment as they accept)

(b)

is to be held as stakeholder unless the special conditions provide that it is to be held as agent for the seller.

Where the auctioneers hold the deposit as stakeholder they are authorised to release it and any interest on it to the seller on completion or, if completion does not take place, to the person entitled to it under the conditions.

2.4

If a cheque for the deposit is not cleared on first presentation the seller is entitled to treat the contract as at an end and bring a claim against the buyer for breach of contract.

2.5

Interest earned on the deposit belongs to the seller unless the conditions provide otherwise.

3.

Transfer of risk and insurance

3.1

From the contract date the seller is under no obligation to insure the lot and the buyer bears all risk of loss or damage unless: (a)

the lot is sold subject to a tenancy that requires the seller to insure the lot or

(b)

the special conditions require the seller to insure the lot.

(b)

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 mentioned in the special conditions (or, if none is mentioned, a good root of title more than 15 years old) and must produce to the buyer the original or an examined copy of every relevant document

(c)

the buyer has no right to object to or make requisitions on any title information more than seven business days after that information has been given to the buyer.

Unless otherwise stated in the special conditions the seller sells with full title guarantee except that: (a)

all matters recorded in registers open to public inspection are to be treated as within the actual knowledge of the buyer and

(b)

any implied covenant as to compliance with tenant’s obligations under leases does not extend to the state or condition of the lot where the lot is leasehold property.

If title is in the course of registration title is to consist of certified copies of: (a)

the documents sent to the Land Registry

(b)

the application to the Land Registry

4.5

The transfer is to have effect as if expressly subject to all matters subject to which the lot is sold under the contract.

4.6

The seller does not have to produce, nor may the buyer object to or make a requisition in relation to, any prior or superior title even if it is referred to in the documents.

5.

Transfer

5.1

Unless a form of transfer is set out in the special conditions: (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 buyer if condition 5.2 applies) five business days before that date or (if later) two business days after the draft has been approved by the seller and

(b)

the seller must approve or revise the draft transfer within five business days of receiving it from the buyer.

5.2

If the seller remains liable in any respect in relation to the lot (or a tenancy) following completion the buyer is specifically to covenant in the transfer to indemnify the seller against that liability.

5.3

The seller cannot be required to transfer the lot to anyone other than the buyer, or by more than one transfer.

6.

Completion

6.1

Completion is to take place at the offices of the seller’s conveyancer, or where the seller may reasonably require, on the agreed completion date. The seller can only be required to complete on a business day and between the hours of 0930 and 1700.

6.2

The amount payable on completion is the balance of the price adjusted to take account of apportionments plus (if applicable) VAT and interest.

6.3

Payment is to be made in pounds sterling and only by: (a)

direct transfer to the seller’s conveyancer’s client account and

(b)

the release of any deposit held by a stakeholder.

6.4

Unless the seller and the buyer otherwise agree completion takes place when both have complied with their obligations under the contract and the total payment is unconditionally received in the seller’s conveyancer’s client account.

6.5

If completion takes place after 1400 hours for a reason other than the seller’s default it is to be treated, for the purposes of apportionment and calculating interest, as if it had taken place on the next business day.

6.6

Where applicable the contract remains in force following completion.

If the seller is to insure the lot then the seller: (a)

must produce to the buyer on request relevant insurance details

(b)

must use reasonable endeavours to maintain that or equivalent insurance and pay the premiums when due

7.

Notice to complete

(c)

gives no warranty as to the adequacy of insurance

7.1

(d)

must, at the request of the buyer, use reasonable endeavours to have the buyer’s interest noted on any insurance policy that does not cover a contracting purchaser

The seller or the buyer may on or after the agreed completion date but before completion give the other notice to complete within 10 business days (excluding the date on which the notice is given) making time of the essence.

7.2

The person giving the notice must be ready to complete.

(e)

must, unless otherwise agreed, cancel the insurance at completion

7.3

(f)

is to hold in trust for the buyer any insurance payments that the seller receives in respect of loss or damage arising after the contract date

If the buyer fails to comply with a notice to complete the seller may, without affecting any other remedy the seller has:

and the buyer must on completion reimburse to the seller the cost of insurance (to the extent it is not paid by a tenant or other third party) from and including the contract date 3.3

if the lot is registered land the seller is to give to the buyer within five business days of the contract date an official copy of the entries on the register and title plan and of all documents noted on the register that affect the lot

and a letter under which the seller or its conveyancer agrees to use all reasonable endeavours to answer any requisitions raised by the Land Registry and to instruct the Land Registry to send the completed registration documents to the buyer.

The deposit:

2.3

3.2

4.4

(a)

If under a tenancy the seller insures the lot then unless otherwise agreed with the buyer the seller is to pay any refund of premium. (a)

to the buyer or

(b)

if the special conditions so state, to each tenant in the proportion that the tenant pays premiums under its tenancy, first deducting any arrears of premium due from that tenant.

(a)

rescind the contract

(b)

claim the deposit and any interest on it if held by a stakeholder

(c)

forfeit the deposit and any interest on it

(d)

resell the lot and

(e)

claim damages from the buyer.

property auction catalogue - 13th July 2010, 3pm


GENERAL CONDITIONS OF SALE continued... 7.4

8.

If the seller fails to comply with a notice to complete the buyer may, without affecting any other remedy the buyer has: (a)

rescind the contract and

(b)

recover the deposit and any interest on it from the seller or, if applicable, a stakeholder.

(a)

the seller must comply with the buyer’s reasonable requirements unless to do so would (but for the indemnity in paragraph (c) expose the seller to a liability that the seller would not otherwise have, in which case the seller may act reasonably in such a way as to avoid that liability

(b)

if the seller gives the buyer notice of the seller’s intended act and the buyer does not object within five business days giving reasons for the objection the seller may act as the seller intends, and

(c)

the buyer is to indemnify the seller against all loss or liability the seller incurs through acting as the buyer requires, or by reason of delay caused by the buyer.

If the contract is brought to an end If the contract is rescinded or otherwise brought to an end: (a)

the buyer must return all papers to the seller and appoints the seller its agent to cancel any registration of the contract

(b)

the seller must return the deposit and any interest on it to the buyer (and the buyer may claim it from the stakeholder, if applicable) unless the seller is entitled to forfeit the deposit under general condition 7.3.

9.

Landlord’s licence

9.1

Where the lot is leasehold land and licence to assign is required this condition applies.

9.2

The contract is conditional on that licence being obtained, by way of formal licence if that is what the landlord can lawfully require.

9.3

The agreed completion date is to be not earlier than the date five business days after the seller has given notice to the buyer that the licence has been obtained.

9.4

The seller must:

13.

Rent deposits

13.1

This condition applies where the seller is holding or otherwise entitled to money by way of rent deposit in respect of a tenancy. In this condition ‘rent deposit deed’ means the deed or other document under which the rent deposit is held.

13.2

If the rent deposit is not assignable the seller must on completion hold the rent deposit on trust for the buyer and, subject to the terms of the rent deposit deed, comply at the cost of the buyer with the buyer’s lawful instructions.

13.3

Otherwise the seller must on completion pay and assign its interest in the rent deposit to the buyer under an assignment in which the buyer covenants with the seller to: (a)

(a) use all reasonable endeavours to obtain the licence at the seller’s expense and (b) enter into any authorised guarantee agreement properly required. 9.5

The buyer must: (a) promptly provide references and other relevant information, and If within three months of the contract date (or such longer period as 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) by notice to the other rescind the contract at any time before licence is obtained. Rescission is without prejudice to the claims of either seller or buyer for breach of this condition 9.

10.

Interest and apportionments

10.1

If the actual completion date is after the agreed completion date for any reason other than the seller’s default the buyer must pay interest at the interest rate on the price (less any deposit paid) from the agreed completion date up to and including the actual completion date.

10.2

10.3

10.4

The seller is not obliged to apportion or account for any sum at completion unless the seller has received that sum in cleared funds. The seller must pay to the buyer after completion any sum to which the buyer is entitled that the seller subsequently receives in cleared funds. the buyer is liable to pay interest and

(b)

the seller has given notice to the buyer at any time up to completion requiring apportionment on the date from which interest becomes payable.

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

14.2

Where the special conditions state that no VAT election has been made the seller confirms that none has been made by it or by any company in the same VAT group nor will be prior to completion.

the seller receives income and is liable for outgoings for the whole of the day on which apportionment is to be made

(b)

annual income and expenditure accrues at an equal daily rate assuming 365 days in a year and income and expenditure relating to a period of less than a year accrues at an equal daily rate during the period to which it relates

(c)

(d)

where the amount to be apportioned is not known at completion apportionment is to be made by reference to the best estimate then available and further payment is to be made by seller or buyer as appropriate within five business days of the date when the amount is known

Arrears

11.1

The seller retains the right to receive and recover old arrears.

11.2

While any arrears due to the seller remain unpaid the buyer must: (a)

try to collect them in the ordinary course of management but need not take legal proceedings, distrain or forfeit the tenancy

(b)

pay them to the seller within five business days of receipt in cleared funds (plus interest at the interest rate calculated on a daily basis for each subsequent day’s delay in payment)

15.2

15.3

The seller confirms that the seller or a company in the same VAT group: (a)

is registered for VAT and

(b)

has, where necessary, made in relation to the lot a VAT election that remains valid.

The buyer: (a)

is registered for VAT, either in the buyer’s name or as a member of a VAT group

(b)

has made, or will make before completion, a VAT election in relation to the lot

(c)

is to give to the seller as early as possible before the agreed completion date evidence of the VAT registration and that a VAT election has been made and notified in writing to HM Revenue and Customs

(d)

must not revoke the VAT election.

and if it does not produce the relevant evidence at least two business days before the agreed completion date, general condition 14.1 applies at completion. 15.4

15.5

15.6

The buyer confirms that after completion the buyer intends to: (a)

retain and manage the lot for the buyer’s own benefit as a continuing business as a going concern subject to and with the benefit of the tenancies, and

(b)

collect the rents payable under the tenancies and charge VAT on them

Unless the seller obtains agreement to the contrary from HM Revenue and Customs (a)

the seller must on or as soon as reasonably practicable after completion transfer to the buyer all VAT records for the lot and

(b)

the buyer must keep those records available for inspection by the seller at all reasonable times.

If, after completion, it is found that the sale of the lot is not a transfer of a going concern then: (a)

the seller’s conveyancer is to notify the buyer’s conveyancer of that finding and provide a VAT invoice in respect of the sale of the lot and

(b)

the buyer must within five business days of receipt of the VAT invoice pay to the seller the VAT due and

(c)

if VAT is payable because the buyer has not complied with this condition 15, the buyer must pay and indemnify the seller against all costs, interest, penalties or surcharges that the seller incurs as a result.

on request, at the cost of the seller, assign to the seller or as the seller may direct the right to demand and sue for old arrears, such assignment to be in such form as the seller’s conveyancer may reasonably require

16.

Capital allowances

16.1

(d)

if reasonably required, allow the seller’s conveyancer to have on loan the counterpart of any tenancy against an undertaking to hold it to the buyer’s order

This condition applies where the special conditions state that there are capital allowances available in respect of the lot.

16.2

(e)

not release any tenant or surety from liability to pay arrears or accept a surrender of or forfeit any tenancy under which arrears are due; and

The seller is promptly to supply to the buyer all information reasonably required by the buyer in connection with the buyer’s claim for capital allowances.

16.3

(f)

if the buyer disposes of the lot prior to recovery of all arrears obtain from the buyer’s successor in title a covenant in favour of the seller in similar form to this condition 11.

The value to be attributed to those items on which capital allowances may be claimed is set out in the special conditions.

16.4

(c)

The seller and buyer agree:

Where the seller has the right to recover arrears it must not without the buyer’s written consent bring insolvency proceedings against a tenant or seek the removal of goods from the lot.

(a)

to make an election on completion under Section 198 of the Capital Allowances Act 2001 to give effect to this condition, and

(b)

to submit the value specified in the special conditions to HM Revenue and Customs for the purposes of their respective capital allowance computations.

12.

Management

12.1

This condition applies where the lot is sold subject to tenancies.

12.2

The seller is to manage the lot in accordance with its standard management policies pending completion.

12.3

Transfer as a going concern Where the special conditions so state the seller and the buyer intend the sale to be treated as a transfer of a going concern and this condition applies.

rent payable in arrear for a period that includes the day of apportionment is to be apportioned for that period as if paid in advance.

11.

11.3

15. 15.1

Apportionments are to be calculated on the basis that: (a)

give notice of assignment to the tenant and give such direct covenant to the tenant as may be required by the rent deposit deed.

14.

Income and outgoings are to be apportioned at actual completion date unless: (a)

(b) (c) 14.1

(b) comply with the landlord’s lawful requirements. 9.6

observe and perform the seller’s covenants and conditions in the rent deposit deed and indemnify the seller in respect of any breach

Unless set out in the special conditions the seller must consult the buyer on all management issues that would affect the buyer after completion, such as an application for licence or a rent review under a tenancy, a variation, surrender, agreement to surrender or proposed forfeiture of a tenancy, or a new tenancy or agreement to grant a new tenancy and:

17.

Maintenance agreements

17.1

The seller agrees to use reasonable endeavours to transfer to the buyer, at the buyer’s cost, the benefit of the maintenance agreements specified in the special conditions.

17.2

The buyer must assume, and indemnify the seller in respect of, all liability under such contracts from the actual completion date.

RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk


GENERAL CONDITIONS OF SALE continued... (b)

18.

Landlord and Tenant Act 1987

18.1

This condition applies where the sale is a relevant disposal for the purposes of part I of the Landlord and Tenant Act 1987.

18.2

Unless the special conditions state otherwise the seller warrants that the seller has complied with sections 5B and 7 of that Act and that the requisite majority of qualifying tenants has not accepted the offer.

19.

Sale by practitioner

19.1

This condition applies where the sale is by a practitioner as agent of the seller.

19.2

The practitioner has been duly appointed and is empowered to sell the lot.

19.3

The practitioner and the practitioner’s partners and staff have no personal liability in connection with the sale or the performance of the seller’s obligations. The transfer is to include a declaration excluding the personal liability of the practitioner and of the practitioner’s partners and staff.

19.4

The lot is sold: (a)

in its condition at completion

(b)

whether or not vacant possession is provided

(c)

for such title as the seller may have and

(d)

with no title guarantee.

and the buyer has no right to rescind the contract or any other remedy if information provided about the lot is inaccurate, incomplete or missing. 19.5

19.6

the documents must include certified copies of the charge under which the practitioner is appointed, the document of appointment by the lender and the practitioner’s acceptance of appointment, and

(b)

the seller may require the transfer to be by the lender exercising its power of sale under the Law of Property Act 1925.

The buyer understands this condition 19 and agrees that it is fair in the circumstances of a sale by a practitioner.

20.

TUPE

20.1

Unless the special conditions state that TUPE applies then the seller warrants that there are no employees whose contracts of employment will transfer to the buyer on completion.

20.2

23.3

Following completion the buyer must complete rent review negotiations or proceedings as soon as reasonably practicable but may not agree the level of the revised rent without the written consent of the seller, such consent not to be unreasonably withheld or delayed.

23.4

The seller must: (a)

give to the buyer full details of all rent review negotiations and proceedings, including copies of all correspondence and other papers, and

(b)

use all reasonable endeavours to substitute the buyer for the seller in any rent review proceedings.

23.5

The seller and the buyer are to keep each other informed of the progress of the rent review and have regard to any proposals the other makes in relation to it.

23.6

When the rent review has been agreed or determined the buyer must account to the seller for any increased rent and interest recovered from the tenant that relates to the seller’s period of ownership within five business days of receipt of cleared funds.

23.7

If a rent review is agreed or determined before completion but 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.

23.8

The seller and the buyer are to bear their own costs in relation to rent review negotiations and proceedings.

24.

Tenancy renewals

24.1

This condition applies where the tenant under a tenancy has the right to remain in occupation under part II of the Landlord and Tenant Act 1954 (as amended) and references to notices and proceedings are to notices and proceedings under that Act.

24.2

Where practicable, without exposing the seller to liability or penalty, 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.

24.3

If the seller receives a notice the seller must send a copy to the buyer within five business days and act as the buyer reasonably directs in relation to it.

(b)

not less than five business days before the agreed completion date the buyer must confirm to the seller that the buyer has offered to employ those employees on the same terms as, or better terms than, their existing contracts of employment

24.4

Following completion the buyer must:

the buyer is to keep the seller indemnified against all liability for those employees after completion.

Environmental This condition only applies where the special conditions so provide.

21.2

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 carried out any investigation) and the buyer admits that the pricetakes into account the environmental condition of the lot. The buyer agrees to indemnify the seller in respect of all liability for or resulting from the environmental condition of the lot..

22.

Service charge

22.1

This condition applies where the lot is sold subject to tenancies that include service charge provisions.

22.2

No apportionment is to be made at completion in respect of service charges.

22.3

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:

24.5

(a)

with the co-operation of the seller take immediate steps to substitute itself as a party to any proceedings

(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 reasonably practicable at the best rent or rents reasonably obtainable

(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 relates to the seller’s period of ownership of the lot within five business days of receipt of cleared funds.

The seller and the buyer are to bear their own costs in relation to the renewal of the tenancy and any proceedings relating to this.

25.

Warranties

25.1

Available warranties are listed in the special conditions.

25.2

Where a warranty is assignable the seller must: (a)

on completion assign it to the buyer and give notice of assignment to the person who gave the warranty

(b)

apply for, and the seller and the buyer must use all reasonable endeavours to obtain, any consent to assign that is required. If consent has not been obtained by completion the warranty must be assigned within five business days after the consent has been obtained.

(a)

service charge expenditure attributable to each tenancy

(b)

payments on account of service charge received from each tenant

(a)

hold the warranty on trust for the buyer

(c)

any amounts due from a tenant that have not been received

(b)

(d)

any service charge expenditure that is not attributable to any tenancy and is for that reason irrecoverable.

at the buyer’s cost comply with such of the lawful instructions of the buyer in relation to the warranty as do not place the seller in breach of its terms or expose the seller to any liability or penalty.

In respect of each tenancy, if the service charge account shows that: (a)

payments on account (whether received or still then due from a tenant) exceed attributable service charge expenditure, the seller must pay to the buyer an amount equal to the excess when it provides the service charge account

(b)

attributable service charge expenditure exceeds payments on account (whether those payments have been received or are still then due), the buyer must use all reasonable endeavours to recover the shortfall from the tenant at the next service charge reconciliation date and pay the amount so recovered to the seller within five business days of receipt in cleared funds

and in respect of payments on account that are still due from a tenant condition 11 (arrears) applies.

22.6

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 buyer, such consent not to be unreasonably withheld or delayed.

the seller has informed the buyer of those employees whose contracts of employment will transfer to the buyer on completion

21.

22.5

23.2

If the special conditions state that TUPE applies then:

21.1

22.4

Rent reviews This condition applies where the lot is sold subject to a tenancy under which a rent review due on or before the actual completion date has not been agreed or determined.

(a)

(c)

21.3

23. 23.1

Where relevant: (a)

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.

In respect of service charge expenditure that is not attributable to any tenancy the seller must pay any incurred in respect of the period before actual completion date and the buyer must pay any incurred in respect of the period after actual completion date. Any necessary monetary adjustment is to be made within five business days of the seller providing the service charge account to the buyer. If the seller holds any reserve or sinking fund on account of future service charge expenditure: (a)

25.3

26.

If a warranty is not assignable the seller must on completion:

No assignment The buyer must not assign, mortgage or otherwise transfer or part with the whole or any part of the buyer’s interest under this contract.

27.

Notices and other communications

27.1

All communications, including notices, must be in writing. Communication to or by the seller or the buyer may be given to or by their conveyancers.

27.2

If a communication is delivered by hand or is otherwise proved to have been received then it is given when delivered or received. If delivered or received after 1700 hours on a business day it is to be treated as received on the next business day.

27.3

If a communication is to be relied on that is not delivered by hand or otherwise proved to have been received it must be sent by first-class registered or recorded delivery post to the address of the person to whom it is to be given as specified in the sale memorandum. Such a communication will be treated as received on the second business day after it has been posted.

28.

Contracts (Rights of Third Parties) Act 1999 The contract is enforceable only by the seller and the buyer and (if applicable) their successors in title and, to the extent permitted by the conditions, by the auctioneers.

the seller must assign it (including any interest earned on it) to the buyer on completion and

property auction catalogue - 13th July 2010, 3pm


DATE OF NEXT AUCTION 7TH SEPTEMBER 2010 CLOSING DATE FOR ENTRIES 11TH AUGUST 2010

OFFERS ■ Only Pre Auction offers above the top guide price will be submitted to our clients.

■ Pre Auction bids are on the basis of immediate exchange of Auction Contracts upon acceptance by the vendor.

■ Any offer will be assumed to be your best and final offer and we cannot guarantee that you will be invited to increase your bid in the event of an alternative, satisfactory offer being received prior to exchange.

FOR FREE AUCTION APPRAISAL TO ENTER A PROPERTY TO AUCTION Please contact

■ ■ ■ ■ ■

Wendy Jones

(029) 2037 0116

Mansel Edmunds

(029) 2037 0117

Eleanor Byrne

(029) 2037 0117

Kristy Perry

(029) 2037 0104

Penny Cody

(029) 2037 0122

FOR MORE INFORMATION ON ANY OF THE ABOVE Telephone: Fax: Email: Or call in at our office :

(029) 2037 0117 (029) 2023 7544 auctions@rhseel.co.uk R H Seel & Co The Crown House Wyndham Crescent Canton Cardiff CF11 9UH

RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk


MEMORANDUM OF CONTRACT

AGREEMENT DATE:

___________________________________________________________

LOT NO:

___________________________________________________________

PROPERTY:

___________________________________________________________ ___________________________________________________________

PURCHASERS NAME:

___________________________________________________________

ADDRESS:

___________________________________________________________ ___________________________________________________________ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ POST CODE:

TEL NO:

_____________________

___________________________________________________________

I /We do acknowledge that we have this day purchased the property described in the attached particulars and subject to the foregoing conditions. for the sum of: £ _ _ _ _ _ _ _ _ _ _ having paid to the Auctioneers a deposit of: £ _ _ _ _ _ _ _ _ _ _ (in words _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _) I/We hereby agree to pay the balance and to complete the purchase according to particulars, general and special conditions of sale applicable to all or individual lots. COMPLETION DATE:

___________________________________________________________

SIGNED BY OR ON BEHALF OF PURCHASER:

___________________________________________________________

NAME OF SIGNATORY:

___________________________________________________________

PURCHASE PRICE:

£ __________________________________________________________

DEPOSIT:

£ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ (Plus Buyers Premium of £250 plus VAT)

BALANCE PAYABLE:

£ __________________________________________________________

VENDOR:

___________________________________________________________

SIGNED AS AGENTS FOR VENDOR(S):

___________________________________________________________

PURCHASERS SOLICITOR’S: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ADDRESS:

___________________________________________________________ ___________________________________________________________ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ POST CODE:

_____________________

TEL NO:

___________________________________________________________

F.A.O

___________________________________________________________

DULY AUTHORISED TO ACCEPT NOTICES FOR PURPOSE OF THIS CONTRACT.


ABERDULAIS

2 A47

Rh on dd a

BLACKWOOD

A41 07

4 43

41

40

PORT TALBOT

TONYPANDY

A4119

A4061

PORTH

A4058

PONTYPRIDD

26

25 a

LLANTRISANT

30 29 a

32

BRIDGEND

• Estate Agency

23

CALDI

29

36 37

M4

NEWPORT

28

M4

24

27

CAERPHILLY

38

• Building PYLE Surveys

25

A470(T)

39

A48

CHEPST

A4042

A4051

A468

A4233

A4 73

8 A4

A

A48

35

M4

34

A48

33

A48

CARDIFF

A4232

COWBRIDGE

M5

A48

• Homebuyer Reports

20

BARRY

CI RC LE W AY EA ST

• Portfolio Management • Property Auctions

PARK INN HOTEL LLANEDERYN INTERCHANGE

A48 RD

EA

• Residential & Commercial Property Management • Residential & Commercial Agency

ST

ER

N

A4232

N RY DE NE A L L

SOUTHERN WAY

• Rent Review/Lease Renewal

AV EN UE

41

A449 A472

A469

• Blocks of Flats Management A4063

42 42

Va lle y

A 4 67

A

A4 72

A470(T)

061 A4

al

eo

V

Park Inn Cardiff Circle Way East Llanedeyrn Cardiff CF23 9XF Tel: 029 2058 9988

• Schedules of Dilapidations • Surveys & Valuations

www.rhseel.co.uk

B

Auction Catalogue 13th July 2010  

Auction Catalogue 13th July 2010

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