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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

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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. 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.

6. 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.

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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.

32 Garn Cross, Nantyglo, Ebbw Vale, Gwent 45 Blaencaerau Road, Caerau, Maesteg, Bridgend, Mid Glamorgan 4 Aberdare Road, Mountain Ash, Mid Glamorgan 15 Windsor Place, Ynysybwl, Pontypridd, Mid Glamorgan 133 Watkin Square, Llanishen, Cardiff

£19,000+ £24,000+ £27,000+ £40,000+ £169,000+

6. 7. 8. 9. 10.

220 Pearl Street, Roath, Cardiff 28 Clare Road, Grangetown, Cardiff Former Ebenezer Chapel and Two Cottages, Chapel Row, Blaina, Gwent 70 Neath Road, Swansea, West Glamorgan 1 Glenview Villas, Treharris, Mid Glamorgan

£105,000+ £65,000+ £79,000+ £50,000+ £59,000+

11. 12. 13. 14. 15.

Land adjacent to Ton-Newydd, Alexandra Road, Merthyr Tydfil, Mid Glamorgan Dan Y Bryn, Eureka Place, Ebbw Vale, Gwent 27 Bay Street, Port Tennant, Swansea, West Glamorgan 25 Ruskin Close, Llanrumney, Cardiff 44 Evan Street, Treharris, Mid Glamorgan

£15,000+ £175,000+ £49,000+ £59,000+ £35,000+

16. 17. 18. 19. 20.

92 Park Street, Penrhiwceiber, Mountain Ash, Mid Glamorgan Former Coach House adjacent to 1 Newport Street, Grangetown, Cardiff 96 Woodville Road, Cathays, Cardiff 3 Penylan Place, Roath Park, Cardiff 20 Dinas Street, Plasmarl, Swansea, West Glamorgan

£34,000+ £7,000+ £77,000+ Withdrawn Prior £42,000+

21. 22. 23. 24. 25.

5 Wood Street, Cilfynydd, Pontypridd, Mid Glamorgan 57 Fitzhamon Embankment, Riverside, Cardiff 104 High Street, Rhymney, Gwent Lyndhurst, Eureka Place, Ebbw Vale, Gwent Development site at Herberts Road, Garndiffaith, Pontypool, Gwent

£64,000+ £330,000+ £55,000+ £130,000+ £27,000+

26. 27. 28. 29. 30.

12 Glanmorfa Terrace, Tremadog, Porthmadog 25B Nantgwyn Street, Penygraig, Tonypandy, Rhondda, Mid Glamorgan 125 Maindy Road, Cathays, Cardiff Edge Grove, Leigh Road, Pontypool, Gwent Gwaun Y Bara Farmhouse, Pentwyngwyn Road, Rudry, Caerphilly, Mid Glamorgan

£60,000+ £70,000+ £145,000+ £165,000+ £100,000+

31. 32. 33. 34. 35.

9 Broad Street, Blaenavon, Gwent 15 Morlais Street, Pentrebach, Merthyr Tydfil, Mid Glamorgan 96 St Davids Road, Abergavenny, Gwent 10 Tyntaldwyn Road, Troedyhriw, Merthyr Tydfil, Mid Glamorgan 35 Cwrt Jubilee, Plymouth Road, Penarth, Vale of Glamorgan

£27,000+ £39,000+ £99,000+ £46,000+ TBA

36. 37. 38. 39. 40.

79 Rhiw’r Ddar, Taffs Well, Cardiff Former Midway Precision Building, Pontygwindy Industrial Estate, Caerphilly, Mid Glamorgan 39 Commercial Street, Blaenllechau, Ferndale, Rhondda, Mid Glamorgan 108-110 Wyndham Road, Canton, Cardiff 13 Park Street, Penrhiwceiber, Mountain Ash, Mid Glamorgan

£129,000+ £235,000+ £49,000+ £165,000+ £44,000+

41. 42. 43. 44. 45.

63 Deri Terrace, Tylorstown, Ferndale, Rhondda, Mid Glamorgan 798 Llangyfelach Road, Treboeth, Swansea, West Glamorgan 17 Church Street, Ebbw Vale, Gwent 6 Oxford Street, Mountain Ash, Mid Glamorgan 70 Bryncelyn, Nelson, Treharris, Mid Glamorgan

£44,000+ £75,000+ £29,000+ £43,000+ £55,000+

46. 47. 48. 49.

300 North Road, Gabalfa, Cardiff 54 Park Street, Penrhiwceiber, Mountain Ash, Mid Glamorgan Land adjacent to The Castle Inn, Hill Street, Merthyr Tydfil, Mid Glamorgan Garage rear of 46 Alexandra Road, Canton, Cardiff

TBA £29,000+ £10,000+ £5,000+

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 - 26th October 2010, 3pm


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DATE OF NEXT AUCTION 7TH DECEMBER 2010  20

CLOSING DATE FOR ENTRIES 10TH NOVEMBER 2010 BARRY

AUCTION DATES FOR 2010/11 8TH FEBRUARY 2011 29TH MARCH 2011 24TH MAY 2011 12TH JULY 2011 6TH SEPTEMBER 2011 25TH OCTOBER 2011 7TH DECEMBER 2011

CLOSING DATE FOR ENTRIES 12TH JANUARY 2011 2ND MARCH 2011 27TH APRIL 2011 15TH JUNE 2011 10TH AUGUST 2011 28TH SEPTEMBER 2011 9TH NOVEMBER 2011

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

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26th October 2010, 3pm

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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 €10,000

Please do not bid if you do not have a deposit.

Only cash or cheque accepted. We cannot accept Credit or Debit cards. property auction catalogue - 26th October

2010, 3pm

7


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

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


MID TERRACE HOUSE REQUIRING REFURBISHMENT

Lot no. 1

32 GARN CROSS, NANTYGLO, EBBW VALE, GWENT, NP23 4LJ A traditional type mid terrace house in the village having a spar rendered front elevation beneath a pitched roof with slate covering and a single storey lean-to extension to the rear. The property benefits from double glazed fenestration, gas central heating (not tested) and a rear garden with off-road parking area. A programme of refurbishment is required throughout. Accommodation: GF. Entrance hall, two reception rooms, kitchen, bathroom. FF.

Landing, two bedrooms.

OS. Steps up to overgrown tiered garden and concrete hardstand with road access. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £19,000+

MID TERRACE HOUSE REQUIRING REFURBISHMENT

Lot no. 2

45 BLAENCAERAU ROAD, CAERAU, MAESTEG, BRIDGEND, MID GLAMORGAN, CF34 0PP A traditional type mid terrace house in the village having pointed stone front elevation with brick quoin detail beneath a pitched roof with slate covering and a single storey pitched roof extension to the rear. The property benefits from gas central heating (not tested) and an enclosed rear garden with detached garage. A programme of refurbishment is required throughout. Accommodation: GF. Entrance hall, two reception rooms, kitchen, shower room, w.c. FF.

Landing, two bedrooms.

OS. Mostly concrete enclosed rear garden with planted, raised borders. Detached garage with access onto the rear service lane. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £24,000+

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 - 26th October 2010, 3pm

5


Lot no. 3

MID TERRACE HOUSE NEEDING REPAIR 4 ABERDARE ROAD, MOUNTAIN ASH, MID GLAMORGAN, CF45 3PT A traditional type mid terrace house alongside the main road close to local shopping, amenities and public transport with easy access to the larger towns of Aberdare and Pontypridd. The house has a pointed stone front elevation, partial double glazing and gas fired central heating (not tested) beneath a pitched slate roof covering with a two storey rear extension. Accommodation GF. Entrance hall, through reception room, kitchen. FF.

Landing, two bedrooms (originally three), bathroom with three piece suite and separate shower.

OS. Rear paved patio and overgrown rear embankment. Tenure: Freehold. Viewing: Joint Auctioneers, Durbins, Mountain Ash (01443) 473883

Guide Price: £27,000+

Lot no. 4

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

MID TERRACED HOUSE REQUIRING REFURBISHMENT 15 WINDSOR PLACE, YNYSYBWL, PONTYPRIDD, MID GLAMORGAN, CF37 3HR A traditional mid terrace house in the village having pointed stone front elevation with brick quoin detail beneath a pitched roof with interlocking tile covering and a single storey pitched roof extension to the rear. The property benefits from double glazed fenestration, gas central heating (not tested) and an enclosed rear garden. A programme of refurbishment is required throughout. Accommodation: GF. Entrance hall, three reception rooms, lean-to kitchen, bathroom. FF.

Landing, three bedrooms.

OS. Enclosed rear garden with steps up to patio area with overgrown raised beds surrounding. Tenure: Freehold. Viewing: Joint Auctioneers, Peter Mulcahy, Pontypridd (01443) 407917

Joint Auctioneers

PETER MULCAHY www.petermulcahy.co.uk

Guide Price: £40,000+

PLEASE NOTE

BUYERS ARE RESPONSIBLE FOR INSURING ANY PROPERTY FROM EXCHANGE OF CONTRACTS 6

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


FOUR BEDROOM TOWNHOUSE IN POPULAR LOCATION

Lot no. 5

133 WATKINS SQUARE, LLANISHEN, CARDIFF, CF14 5FJ A recently built four bedroom terraced townhouse in the Parklands development just off Caerphilly Road in Llanishen conveniently close to the A470, A48M and the University Hospital of Wales. The property has facing brick elevations with pitched tile covered roof, uPVC double glazing, gas central heating (not tested) and benefits from allocated parking. Accommodation: GF. Entrance hall, wc, kitchen, lounge. FF.

Landing, two bedrooms, bathroom.

SF.

Landing, two bedrooms (one with en-suite shower room).

OS. Small shrubbed area to front, enclosed lawned rear garden. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co. (029) 2037 0117

Guide Price: £169,000+

THREE BEDROOM MID TERRACED HOUSE

Lot no. 6

220 PEARL STREET, ROATH, CARDIFF, CF24 1RD A three bedroom mid terrace house in this popular residential area of Cardiff approximately 1.5 miles from Cardiff city centre and within close proximity to Newport Road. The property has a facing brick front elevation beneath a pitched roof with slate covering and benefits from double glazed fenestration and gas central heating (not tested) and an enclosed rear garden. Accommodation: GF. Entrance porch, entrance hall, two reception rooms, kitchen. FF.

Landing, three bedrooms, bathroom.

OS. Enclosed forecourt, overgrown rear garden. Tenancies: TBC. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £105,000+

property auction catalogue - 26th October 2010, 3pm

7


Lot no. 7

SHOP UNIT WITH SELF CONTAINED FLAT – POTENTIAL MIXED INVESTMENT 28 CLARE ROAD, GRANGETOWN, CARDIFF, CF11 6RS A mid terrace two storey mixed commercial/residential property located alongside a busy main road leading into the city. The property has a modern shop front installed with smooth cement rendered upper front elevation under a pitched slate roof, with separate access door to first floor flat. We are advised that there is currently an Urban Renewal Scheme underway in the area with grants available for residential above shops, but have no further information and all interested parties are advised to make their own enquiries of the Local Authority in this respect. Accommodation: GF. Shop. Open plan shop with partitioned counter area, rear office, storeroom, kitchen area, cloakroom with freestanding shower unit and wc. FF. Flat. Accessed via separate doorway from Clare Road. Entrance hallway, stairs, lounge, two bedrooms, kitchen, bathroom OS. Enclosed paved garden area. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £65,000+

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

8

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

NEWPORT 01633 227960 29 Bridge Street, NP20 4BG

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


SUBSTANTIAL FORMER CHAPEL AND TWO MAISONETTES – INVESTMENT/DEVELOPMENT OPPORTUNITY

Lot no. 8

FORMER EBENEZER CHAPEL AND 1 & 2 CHAPEL COTTAGES, CHAPEL ROAD, BLAINA, GWENT, NP13 1BX A substantial former chapel of typical ecclesiastical design incorporating 2x two bedroom cottages, in the west side of the village. The chapel is three storey benefitting from lift access from ground floor to first floor and a number of original features remain. The chapel has smooth rendered elevations with feature stain glass windows beneath a pitched slate covered roof. The cottages have natural pointed stone elevations with double glazed fenestration and benefit from gas central heating (not tested). The property offers investment potential and residential redevelopment potential subject to the necessary consents being obtained. Accommodation: Chapel GF. Reception hall, vestry, kitchen, male and female wc accommodation, lift to first floor. FF. Entrance hall, Hall of worship, stairs to: SF. Seating gallery, Sunday school room. OS. The main entrance to the chapel is approached by steps with overgrown grassed areas either side. Maisonette 1 GF. Kitchen, lounge. FF. landing, two bedrooms, bathroom. OS. Small raised garden area. Maisonette 2 (Not inspected but advised to comprise): GF. Kitchen, lounge. FF. landing, two bedrooms, bathroom. OS. Small raised garden area. Tenancies: No. 2 Chapel Cottages is let to a protected tenant at £160 per calendar month. HENCE TOTAL CURRENT RENTS £1,920 PER ANNUM. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £79,000+ MEET US AT THIS AUCTION

to resolve 6 month remortgage issue

6 month remortgage bridge

0844 873 1646 www.auctionfinance.co.uk

3 month remortgage bridge

working in association with

Essent al INFORMATION GROUP

Flexible bridge

Fast funding for property professionals

AUC0902Seel&Co.indd 1

16/06/2010 13:13:14

property auction catalogue - 26th October 2010, 3pm

9


Lot no. 9

MID TERRACED HOUSE FOR OWNER OCCUPATION OR INVESTMENT 70 NEATH ROAD, SWANSEA, WEST GLAMORGAN, SA1 2HW A two storey extended mid terraced house situated on Neath Road, one of the main arterial roads servicing Swansea City Centre, approximately 0.8 miles outside the City Centre and 3.5 miles from Junction 45 of the M4 motorway. The property has a pointed stone front elevation beneath a pitched roof with interlocking tile covering and benefits from gas central heating (not tested) and double glazed fenestration. Accommodation: Not internally inspected but assumed to comprise: GF. Reception room, kitchen, bathroom. FF.

Three bedrooms.

OS. Steps up to overgrown grassed front garden. To the rear is a small enclosed yard with steps up to pedestrian gate giving access on to rear lane. Tenure: Freehold. Viewing: External only. Further Information: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: ÂŁ50,000+

Lot no. 10

SUBSTANTIAL HOUSE ON CORNER LOCATION 1 GLENVIEW VILLAS, TREHARRIS, MID GLAMORGAN, CF46 5PT A large four bedroom end of terrace character house situated in a residential area in close proximity to all village amenities having part colourwashed rendered and pebbledash elevations, under pitched slate roof coverings. The property benefits from some uPVC double glazing and gas fired central heating (not tested) and represents a substantial family home requiring some updating. Accommodation: GF. Entrance hall, lounge, sitting room, kitchen. FF.

Landing with loft access, four bedrooms, boxroom/study, bathroom comprising bath, wash hand basin and wc.

OS.

Accessed via front courtyard with steps, enclosed rear yard area with storage shed and access onto side street.

STORE. Workshop facility accessed via door on side street, currently having separate electricity meter and water supply. Tenure: Freehold.

Joint Auctioneers

Viewing: Joint Auctioneers, Weathersby, Treharris (01443) 412097

Guide Price: ÂŁ59,000+

10

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


POTENTIAL DEVELOPMENT LAND (SUBJECT TO NECESSARY CONSENTS)

Lot no. 11

LAND ADJACENT TO TON-NEWYDD, ALEXANDRA ROAD, MERTHYR TYDFIL, MID GLAMORGAN, CF47 9AA A heavily overgrown, parcel of land occupied in part by a derelict single garage with vehicular access situated amidst existing housing within close proximity to Merthyr Tydfil town centre. The land may have potential for a variety of uses subject to the necessary consents being obtained and all interested parties are advised to make their own enquires in this connection. The land is sold subject to all or any rights, easements, tenancies, licenses or claims which may or may not exist and purchasers must satisfy themselves in this respect. Tenure: Freehold. Viewing: The land is open for inspection. Further Information: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £15,000+

PLAN FOR IDENTIFICATION PURPOSES ONLY. NOT TO SCALE.

REALTY DHG LTD

• Residential Mortgages • Commercial Finance • Life Protection

• General Insurance • Pensions • Investments

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 - 26th October 2010, 3pm

11


ON THE INSTRUCTIONS OF ANEURIN BEVAN LOCAL HEALTH BOARD

Lot no. 12

VERY LARGE DETACHED PROPERTY WITH RESIDENTIAL INSTITUTION (C2) USE DAN-Y-BRYN, EUREKA PLACE, EBBW VALE, GWENT, NP23 6PN A very large detached premises with various extensions, set amidst extensive slightly elevated grounds within easy reach of the town centre. The property is owned and maintained by the Local Health Board, currently used as a specialist seven bedroom residential Mental Health unit with consulting rooms, day rooms, offices and kitchen and is well suited for continuation of the existing use or reverting back to residential use, subject to obtaining the necessary consents. The property has part pointed stone and part spar rendered elevations with uPVC double glazed fenestration beneath a pitched slate roof covering, with front drive and off road parking. Accommodation: GF. Entrance porch with security doors to entrance hall with staircase at each end. Room 1: Single bedroom. Room 2: Staff room. Room 3: Currently used as Smoking room. Room 4: Communal dining room and lounge Kitchen, washroom. Room 5: Consulting room. Room 6: Office, inner office. FF.

Central corridor with various security doors. Rooms 7, 8 & 9: Single bedrooms. Room 10: Laundry room. Room 11: Doctors office. Rooms 12 & 13: Twin bedded rooms. Room 14: Triple bedded room. Room 15: Office Bathroom with three piece suite and shower cubicle, store rooms.

OS. The property is set back off the road with front lawn and gardens, together with front drive and parking. To the rear and side are sloping banks. Tenure: Freehold. Viewing: Joint Auctioneers, Brinsons, Caerphilly (029) 2086 7711

Guide Price: £175,000 + Joint Auctioneers

‘Eastgate’

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

12

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


HOUSE FOR OWNER OCCUPATION OR INVESTMENT

Lot no. 13

27 BAY STREET, PORT TENNANT, SWANSEA, WEST GLAMORGAN, SA1 8LB A two storey extended link detached house situated in the Port Tennant area of Swansea within 1.5 miles of Swansea City Centre, and within 4.5 miles of Junction 42 of the M4 motorway. The property has a spar rendered front elevation beneath a pitched roof with interlocking tile covering, flat roof to side extension and benefits from double glazed fenestration. Accommodation: Not internally inspected but assumed to comprise: GF. Lounge, kitchen, bathroom. FF.

Two bedrooms.

OS. Small raised forecourt. Tenure: Freehold. Viewing: External only. Further Information: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £49,000+ END LINK HOUSE FOR IMPROVEMENT

Lot no. 14

25 RUSKIN CLOSE, LLANRUMNEY, CARDIFF, CF3 5LA A three bedroom end link house located on an estate to the east of the city close to local shopping facilities and convenient for access to the city centre and links to the M4 motorway. The property has pebble dash rendered elevations under a pitched tiled roof covering and benefits from uPVC double glazing and gas central heating (not tested) but requires upgrading throughout. Accommodation: GF. Entrance hallway, lounge, dining room, kitchen, utility area. FF.

Landing, three bedrooms, bathroom, separate wc.

OS. Driveway to front, enclosed rear garden. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £59,000+

PLEASE NOTE

WE ARE UNABLE TO ACCEPT DEPOSITS BY WAY OF DEBIT OR CREDIT CARD property auction catalogue - 26th October 2010, 3pm

13


Lot no. 15

END TERRACE HOUSE FOR RENOVATION 44 EVAN STREET, TREHARRIS, MID GLAMORGAN, CF46 5HR An end terrace three bedroom house having natural pointed stone front elevation with brick reveals situated in a block end side street within the village. The property benefits from some uPVC units and central heating (not tested), but requires general upgrading throughout. Accommodation: GF. Entrance hall, lounge/diner, kitchen, shower room comprising freestanding shower unit, wash hand basin and wc. FF.

Landing, three bedrooms.

OS. Enclosed rear garden, side access from front to rear garden. Tenure: Freehold.

Joint Auctioneers

Viewing: Joint Auctioneers, Weathersby, Treharris (01443) 412097

Guide Price: £35,000+

Lot no. 16

THREE BEDROOM END TERRACE HOUSE 92 PARK STREET, PENRHIWCEIBER, MOUNTAIN ASH, MID GLAMORGAN, CF45 3YL A extended traditional type three bedroom end terrace house close to local shops. 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: £34,000 +

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

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

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COACH HOUSE SUITABLE FOR WORKSHOP, STORAGE OR REDEVELOPMENT (SUBJECT TO PLANNING)

Lot no. 17

FORMER COACH HOUSE, ADJACENT TO 1 NEWPORT STREET, GRANGETOWN, CARDIFF, CF11 7DA A two storey former coach house latterly used as a workshop in the Grangetown area of Cardiff. The property has facing brick elevations with a monopitch slate covered roof, with double doors giving access to the ground floor parts. The property may have redevelopment potential subject to the necessary consents being obtained. In this respect all interested parties are advised to make their own enquiries of the Local Planning Authority. Accommodation: GF. Workshop area with double doors opening onto Newport Street. FF.

Storage space.

Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £7,000+ TENANTED SHOP WITH OFFICES/STORES OVER

Lot no. 18

96 WOODVILLE ROAD, CATHAYS, CARDIFF, CF24 4ED An unmodernised end terrace shop unit with central door to internally partitioned shop unit with two rooms and kitchen at the rear and stairs up. The property is in a secondary trading location with other retail units nearby. There is an overgrown footpath access to the rear. There appears to be a serious structural problem with pine end wall which is alongside a modern block of flats. Potential Purchasers must rely on their own investigations in this connection. Accommodation: GF. Central entrance door with display windows each side. Subdivided shop area with door to inner hall, middle room, rear room and former kitchen. FF.

Stairs from hall up to landing, large front room, middle room, unmodernised kitchen and shower room with shower cubicle, wash hand basin and wc.

OS. Rear garden with pedestrian rear access to overgrown footpath. Tenancy: The entire property is let at a rental of £650 per calendar month (£7,800 per annum) exclusive. We are advised that a 6 month Notice to Quit has been served on the tenants in September 2010. Tenure: Freehold. Viewing: Joint Auctioneers, Simpson Estates, Cardiff (029) 2038 3881

Joint Auctioneers

Guide Price: £77,000+

property auction catalogue - 26th October 2010, 3pm

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Lot no. 19

FOUR BEDROOM MID TERRACE HOUSE FOR UPGRADING 3 PENYLAN PLACE, ROATH PARK, CARDIFF, CF23 5HE

n w a r d h t i r W Prio

A three bedroom bay fronted house located in Penylan Place, off Tydraw Road, in a sought after area close to local parks and the popular shopping areas of Wellfield Road and Albany Road with easy access to the M4 motorway and for bus routes to the city centre. The property has pointed stone front elevation with bathstone bays under a pitched and gabled slate roof covering and offers substantial accommodation but is in need of upgrading throughout. Accommodation: Not internally inspected but advised to comprise: GF. Porch, hall with original terracotta tiled floor, lounge, sitting room, dining room, kitchen, shower room. FF.

Landing, four bedrooms, bathroom comprising bath, wash hand basin set in vanity unit, separate wc.

OS. Forecourt with boundary wall, enclosed rear garden with rear lane access. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £TBC

Lot no. 20

MID TERRACE HOUSE 20 DINAS STREET, PLASMARL, SWANSEA, WEST GLAMORGAN, SA6 8LQ A two storey mid terraced house situated in the Plasmarl area of Swansea within two miles of Swansea City Centre, and within two miles of Junction 45 of the M4 motorway. The property has a spar rendered front elevation beneath a pitched roof with interlocking tile covering and benefits from double glazed fenestration. Accommodation: Not internally inspected but assumed to comprise: GF. Living room, kitchen. FF.

Three bedrooms, bathroom.

OS. Steps to small enclosed front garden. To the rear is a yard leading to tiered overgrown rear garden. We understand the property is currently occupied but we have no further information. Tenure: Freehold. Viewing: External only. Further Information: Auctioneers Office, Seel & Co (029) 20 370117

Guide Price: £42,000+

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Lot no. 21

MODERNISED MID TERRACE HOUSE 5 WOOD STREET, CILFYNYDD, PONTYPRIDD, MID GLAMORGAN, CF37 4EY A family sized mid terrace house with two storey rear extension in a residential area within walking distance of village amenities and just off the main road with easy links to the A470, Pontypridd, Cardiff and the M4 motorway. The property has a pointed stone front elevation, rendered and colourwashed to the rear beneath a pitched tiled roof covering, uPVC double glazed fenestration and gas fired central heating (not tested). Accommodation: GF. Entrance hall, lounge/dining room with Baxi Bermuda fitted gas fire (back boiler) and open tread staircase, kitchen with fitted units, bathroom with three piece suite. Landing, three bedrooms.

FF.

OS. Rear garden with patio, terraces and garden shed, pedestrian gate to rear service lane. Tenure: Freehold.

Joint Auctioneers

Viewing: Joint Auctioneers, Weathersby, Treharris (01443) 412097

Guide Price: ÂŁ64,000+

SUBSTANTIAL THREE STOREY HOUSE CONVERTED INTO FOUR FLATS

Lot no. 22

57 FITZHAMON EMBANKMENT, RIVERSIDE, CARDIFF, CF11 6AN A large mid terrace double fronted three storey property converted into four flats situated close to the city centre, having natural pointed stone and bathstone front elevations with uPVC units, under a pitched and gabled slate roof covering, each flat benefiting from separate gas central heating system (not tested). Fitzhamon Embankment runs alongside the river and on the opposite side to the Millennium Stadium. All the flats are currently vacant and the property offers an ideal opportunity for investment, or for sale as separate units following refurbishment. Accommodation: GF. Entrance hall door to: Flat A Studio comprising living area and bedroom area, with kitchen and shower room comprising shower unit, wash hand basin and wc. Flat B Living room, bedroom, kitchen, lobby, shower room with shower unit, wash hand basin and wc. FF.

Flat C

Lounge, three bedrooms, kitchen, shower room with shower unit, wash hand basin and wc.

SF.

Flat D

Lounge, three bedrooms, kitchen, shower room with shower, wash hand basin and wc.

OS. Enclosed forecourt, enclosed rear garden. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: ÂŁ330,000+

property auction catalogue - 26th October 2010, 3pm

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Lot no. 23

MIXED USE PREMISES IN HIGH STREET LOCATION 104 HIGH STREET, RHYMNEY, GWENT, NP22 5NG A three storey mixed use commercial/residential premises situated amidst other retailers and service providers within the village of Rhymney. The ground floor, lower ground floor and building to the rear were latterly operated as a Funeral Directors business. The first floor provides a two bedroom flat. The property has spar rendered elevations beneath a pitched roof with slate covering and benefits from double glazed windows and entrance door with double uPVC doors providing access to what was the Chapel of Rest. To the lower ground floor is a basement and to the rear is a large garage and additional rooms suitable for storage. Accommodation: GF. Reception/sales area, former Chapel of Rest, rear office, two store rooms. LGF. Basement storage externally accessed from rear. FF.

Flat comprising lounge, kitchen/dining room, two bedrooms, bathroom, w.c.

OS. Rear yard providing off road parking with steps up to main building. Garage with electric roller shutter door, two rooms off and first floor storage (accessed via ladder) and egress onto rear service lane. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co 029 2037 0117

Guide Price: £55,000+

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

FAX: 01625 433600

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ON THE INSTRUCTIONS OF ANEURIN BEVAN LOCAL HEALTH BOARD IMPRESSIVE DETACHED PROPERTY WITH D1 CONSENT

Lot no. 24

LYNDHURST, EUREKA PLACE, EBBW VALE, GWENT, NP23 6PN A large and prestigious former residence in a prominent location near the town centre, currently owned, maintained and used by the Local Health Board as a clinic with offices and consulting rooms. The property is in an elevated location with similar former prestigious homes alongside, having a commanding view to the front. This prominent premises has rendered and colourwashed elevations with some uPVC but mostly timber framed windows surmounted by a pitched slate roof covering with gas fired central heating installed (not tested). Several potential uses achievable within D1 use class, or alternative uses (i.e. residential or offices) subject to obtaining the necessary consents. Accommodation: GF. Side access door to hall and six rooms, rear lobby with two separate wcs’ and small stores, staircase up: FF.

Landing with doors to all rooms and stairs up: Six rooms, kitchen and wc.

SF.

Landing, three rooms.

OS. The property is bounded by a stone wall to the front with large gardens mostly laid to lawn at the front and side. There is a rear patio and steps leading up to tiered garden and pedestrian access to rear lane. There is a two storey rear extension of matching construction with external metal fire escape staircase. Tenure: Freehold. Viewing: Joint Auctioneers, Brinsons, Caerphilly (029) 2086 7711

Guide Price: £130,000 + Joint Auctioneers

‘Eastgate’

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

property auction catalogue - 26th October 2010, 3pm

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ON THE INSTRUCTIONS OF TORFAEN COUNTY BOROUGH COUNCIL

Lot no. 25

DEVELOPMENT SITE WITH RESIDENTIAL CONSENT APPROXIMATELY 0.23 ACRES SITE AT HERBERTS ROAD, GARNDIFFAITH, PONTYPOOL, GWENT, NP4 7LH An elevated site with a gentle slope and an extensive open view from most of the land, located adjacent to Empire Terrace and opposite the Hanbury Arms Public House with direct road frontage to both the front and rear boundaries. There was a former community centre on the site which was demolished to slab level in 2004. Boundaries/Site Area: The approximate boundaries are shown on the Plan and the site area is approximately 0.23 acres. Planning and potential: Outline consent dated 26th October 2007 for erection of three detached dwellings. Ref No: 07/P/00116 (W). Prospective purchasers should make further enquiries with Planning & Highways Departments at Torfaen County Borough Council, Tel No: 01495 762200. Alternative schemes may be considered. Ground Conditions/Retaining Walls: No investigations carried out but there is a retaining wall to the front of the site and the planning approval includes alterations to this wall. Tenure: Freehold. Viewing: Open for inspection. Further information: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £27,000+ PLAN FOR IDENTIFICATION PURPOSES ONLY. NOT TO SCALE.

Lot no. 26

TWO BEDROOM END TERRACE HOUSE – FOR IMPROVEMENT 12 GLANMORFA TERRACE, TREMADOG, PORTHMADOG, GYWNEDD, LL49 9RW A two bedroom end terrace house occupying a slightly elevated position above the village with uninterrupted views of the valley, within a short drive of the town of Porthmadog with range of shops, schools and amenities. The property has rendered elevations under a pitched slate roof and requires some improvement. Accommodation: GF. Lounge, shower room, kitchen. FF.

Landing, loft access hatch, two bedrooms.

OS. Small enclosed forecourt, rear garden area. Tenure: Freehold. Viewing: Joint Auctioneers, Bob Parry, Porthmadog (01766) 512666

Guide Price: £60,000+ Joint Auctioneers

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SEMI DETACHED DORMER BUNGALOW

Lot no. 27

25B NANTGWYN STREET, PENYGRAIG, TONYPANDY, RHONDDA, MID GLAMORGAN CF40 1LS A two bedroom semi detached dormer bungalow having colourwashed rendered elevations under a pitched tiled roof with flat roofed dormer window situated in Penygraig and convenient for the full range of shopping facilities available in Tonypandy. The property benefits from uPVC double glazed units and gas fired central heating (not tested) but would benefit from some modernisation. Accommodation: GF. Through lounge/dining room, kitchen with fitted units. FF.

Landing, two bedrooms, bathroom with bath, wash hand basin and wc.

OS. Enclosed forecourt, side pathway to side access and rear patio garden, separate garage. Tenure: Freehold. Viewing: Joint Auctioneers, Barbara Rees, Tonypandy (01443) 442444

Guide Price: £70,000 +

Joint Auctioneers

MID TERRACE HOUSE IN GOOD LOCATION FOR IMPROVEMENT

Lot no. 28

125 MAINDY ROAD, CATHAYS, CARDIFF CF24 4HN A bay fronted three bedroom mid terraced house in a popular residential area convenient for access to University Buildings, University Hospital of Wales and the city centre having a facing brick front elevation under a pitched slate roof covering benefitting from gas central heating (not tested) but requiring upgrading throughout. Accommodation: GF. Entrance hallway, lounge/dining room, kitchen. FF.

Landing, three bedrooms, bathroom.

OS. Forecourt, rear garden with detached garage and pedestrian access to rear lane. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £145,000+

property auction catalogue - 26th October 2010, 3pm

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Lot no. 29

DETACHED HOUSE IN POPULAR LOCATION EDGE GROVE, LEIGH ROAD, PONTYPOOL, GWENT, NP4 8HZ A well proportioned four bedroom detached house occupying an elevated position in this popular area of Pontypool. The property has spar rendered and colour washed elevations with pitched tile covered roof, partial uPVC double glazing, gas central heating (not tested) and benefits from extensive front and rear gardens, off road parking and a garage. Some renovation works are required. Accommodation: GF. Enclosed entrance porch, entrance hall, three reception rooms, kitchen, wc FF.

Landing, four bedrooms, bathroom, wc

OS. Large overgrown but sloping front garden with pathways giving access to both the front and the rear of the property. There is also a garage to the front with easy access onto Leigh Road. There is an extensive grassed rear garden occupied by mature trees and bounded by hedgerows. Tenure: Freehold. Viewing: Joint Auctioneers, Roberts & Co, Pontypool (01495) 762857

Guide Price: £165,000+ Joint Auctioneers

Lot no. 30

GRADE II LISTED FORMER FARMHOUSE FOR SUBSTANTIAL RENOVATION GWAUN-Y-BARA FARMHOUSE, PENTWYNGWYN ROAD, RUDRY, CAERPHILLY, MID GLAMORGAN, CF83 3DG A Grade II listed semi detached former farmhouse situated in the highly popular and rural locality of Rudry approximately 4 miles from Caerphilly. The property has stone elevations with lime render finish but requires substantial renovation and reconstruction having been fire damaged and subsequently exposed to the elements for a protracted period. The property benefits from good sized front and rear gardens. Accommodation: GF. Five rooms. FF.

Three rooms.

OS. Enclosed overgrown garden to the front. Heavily overgrown rear garden Tenure: Freehold. Viewing: External only due to current condition. Anyone entering the property does so at their own risk and neither the Vendors, their Agents nor the Auctioneers will be responsible for any accident or injury howsoever caused. Further Information: Auctioneers Office, Seel & Co. 029 2037 0117

Guide Price: £100,000+

PLAN FOR IDENTIFICATION PURPOSES ONLY. NOT TO SCALE.

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ON THE INSTRUCTIONS OF TORFAEN COUNTY BOROUGH COUNCIL FORMER URBAN RENEWAL AREA OFFICE

Lot no. 31

9 BROAD STREET, BLAENAVON, GWENT, NP4 9ND A well maintained and tastefully modernised mid terrace office premises in a cul-de-sac location off the main trading street of this industrial heritage town. The property has a large display window and single entrance door set into a rendered and colourwashed elevation onto the street with mostly uPVC double glazed fenestration and gas fired central heating (not tested) beneath a pitched tiled roof covering. The property has potential for various alternative commercial uses or residential conversion, subject to all necessary planning consents. Accommodation: GF. Entrance to reception area with good quality timber partition divider to inner office, door to rear lobby with cloakroom and toilet, external door to aesthetically improved pedestrian area. FF.

Landing and two rooms.

Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £27,000+ TWO BEDROOM HOUSE FOR RENOVATION

Lot no. 32

15 MORLAIS STREET, PENTREBACH, MERTHYR TYDFIL, MID GLAMORGAN, CF48 4BS A two storey two bedroom terraced house situated in the popular area of Pentrebach which lies approximately 2.5 mile from the busy town centre of Merthyr Tydfil and within close proximity of the A470. The property has spar rendered elevations beneath a pitched tile covered roof and requires total renovation throughout. Accommodation: (Not inspected but advised to comprise): GF. Entrance hall, two reception rooms, kitchen, w.c. with wash hand basin. FF.

Landing, two bedrooms, shower room.

OS. To the rear is a enclosed heavily overgrown garden. Tenure: Freehold. Viewing: Joint Auctioneers, Weathersby, Troedyrhiw (01443) 692510

Guide Price: £39,000 + Joint Auctioneers

property auction catalogue - 26th October 2010, 3pm

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ON THE INSTRUCTIONS OF MONMOUTHSHIRE COUNTY COUNCIL

Lot no. 33

DETACHED BUNGALOW WITH EXTENDED GARDEN – IN NEED OF UPGRADE 96 ST DAVIDS ROAD, ABERGAVENNY, GWENT, NP7 6HF A detached bungalow with facing brick elevations and gas fired central heating (not tested) on a level and recently extended corner plot adjoining St. Davids Road and the entrance to Ysgol Gymraeg Y Fenni (Abergavenny Welsh School) with views towards the Skirrid. The bungalow is convenient for Abergavenny town centre and village facilities are 400 yards away at Maerdy. Accommodation: GF. Entrance hall, through lounge, kitchen with a range of wall and base units and external door, three bedrooms, bathroom with three piece suite and overbath shower. OS. Gardens to front side and rear with established shrubs and garden shed. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £99,000+

Lot no. 34

SEMI DETACHED HOUSE – REQUIRING INTERNAL FINISHING 10 TYNTALDWYN ROAD, TROEDYRHIW, MERTHYR 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.

Joint Auctioneers

Tenure: Freehold. Viewing: Joint Auctioneers, Weathersby, Troedyrhiw (01443) 692510

Guide Price: £46,000+

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RETIREMENT FLAT FOR UPGRADING

Lot no. 35

35 CWRT JUBILEE, PLYMOUTH ROAD, PENARTH, VALE OF GLAMORGAN, CF64 3DQ A one bedroom second floor retirement flat located in the sought after area of Penarth being convenient for the local town centre and public transport to Cardiff city centre. Occupancy is restricted to residents over 60 years of age and the flat benefits from twenty four hour care line system and door entry system, double glazing and electric heating (not tested). Accommodation: GF. Communal entrance hallway, residents lounge, lift to all floors. SF.

Large entrance hallway, lounge/dining room, kitchen with fitted oven and hob, bedroom benefitting from fitted wardrobe, bathroom comprising bath with shower over, wc and wash hand basin.

OS. Communal parking. Tenure: Leasehold. Viewing: Joint Auctioneers, David Baker, Penarth (029) 2070 2622

Joint Auctioneers

Guide Price: £TBA

DETACHED TWO BEDROOM BUNGALOW

Lot no. 36

79 RHIW’R DDAR, TAFF’S WELL, CARDIFF, CF15 7PB A well presented two bedroom detached bungalow situated on the outskirts of Taff’s Well. The property has facing brick elevations with pitched tile covered roof, uPVC double glazing, gas central heating (not tested) and benefits from front and rear gardens and a garage. Accommodation: GF. Lounge, re-fitted kitchen with integrated oven, hob and extractor, re-fitted bathroom, two bedrooms. OS. To the front is an open lawned garden with planted beds and borders. The rear garden is enclosed and block paved. To the side is an off-road parking area which leads to a detached garage. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £129,000+

property auction catalogue - 26th October 2010, 3pm

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Lot no. 37

MANUFACTURING/WAREHOUSE PREMISES FORMER MIDWAY PRECISION BUILDING, PONTYGWINDY INDUSTRIAL ESTATE, CAERPHILLY, MID GLAMORGAN, CF83 3HU A modern industrial unit of steel frame construction approaching 1300sqm with facing brick and profile sheet clad elevations incorporating a 3.4m height roller shutter door beneath a profile sheet roof covering. The unit is situated on Pontygwindy Industrial Estate amidst both national and local independent users, approximately 6 miles from Junction 32 of the M4 Motorway, 1 mile from Caerphilly and 10 miles from Cardiff. Accommodation: GF. Reception area, four offices, male and female wc’s, production area. FF.

Six offices, male and female wc’s, kitchenette, canteen mezzanine area.

OS. There is a concrete forecourt for parking and a yard/open storage area to side which extends but narrows to the rear. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £235,000+

Lot no. 38

FISH AND CHIP SHOP WITH LIVING ACCOMMODATION AND FLAT - PART LET INVESTMENT 39 COMMERCIAL STREET, BLAENLLECHAU, FERNDALE, RHONDDA, MID GLAMORGAN, CF43 4NN A Fish and Chip shop, now closed but with equipment included, on a main road location within the village, occupying the ground floor of a three storey end terrace property with owners living accommodation at lower ground floor level and a studio flat on the first floor which is currently let. Accommodation: GF. Modern display window with electrically operated security roller shutter. Gross frontage approximately 40 ft. Retail area approximately 275 sq. ft with Preston and Thomas gas cooking range. Preparation area approximately 148 sq. ft with range of equipment. LGF. Living accommodation comprising lounge/kitchen combined, one bedroom, bathroom, store. FF.

Joint Auctioneers

Self contained studio advised to comprise lounge/kitchen/ bedroom combined plus bathroom.

Tenancy: We are advised the studio flat is currently let on Assured Shorthold Tenancy Agreement at a rental of £40 per week (£2,080 per annum). Tenure: Freehold. Viewing: Joint Auctioneers, Barbara Rees, Tonypandy (01443) 442444

Guide Price: £49,000+

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POTENTIAL REDEVELOPMENT OPPORTUNITY IN SOUGHT AFTER LOCATION

Lot no. 39

108–110 WYNDHAM ROAD, CANTON, CARDIFF, CF11 9EL A vacant freehold development opportunity (subject to planning) comprising a two bedroom house (latterly used as office accommodation) and a workshop/storage building with access and yard area situated in the popular Canton area of Cardiff. The house (No. 108) is an end of terrace two bedroom property having natural pointed stone elevations beneath a pitched roof with slate covering, benefitting from gas central heating (not tested), but requiring renovation throughout. The workshop is part made up of a former stable building, the remainder being a purpose built two storey property with facing brick elevations beneath pitched roofs with corrugated covering. It is envisaged that the property would be suitable for redevelopment subject to the necessary consents being obtained. Potential purchasers are advised to make their own enquiries in this respect. Accommodation: 108 Wyndham Road GF. Entrance hall, lounge, former dining room latterly used as a reception, conservatory, former kitchen latterly used as an office, kitchen. FF.

Landing, two bedrooms, bathroom.

OS. Forecourt, outside wc. 110 Wyndham Road GF. Entrance hall, workshop, reception room, office, repair room, store room, ladies and gents toilets. Approximately 1,384 sq ft. FF.

Similar size to ground floor.

OS. Access driveway, parking area. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £165,000+

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property auction catalogue - 26th October 2010, 3pm

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Lot no. 40

FOUR BEDROOM MID TERRACE HOUSE – FOR IMPROVEMENT 13 PARK STREET, PENRHIWCEIBER, MOUNTAIN ASH, MID GLAMORGAN, CF45 3YW A bay fronted mid terrace house located in an elevated position within the village of Penrhiwceiber having a pointed stone front elevation with brick features, under a pitched slate roof covering. The property benefits from uPVC double glazing and gas fired central heating installed (not tested), but is in need of improvement. Accommodation: GF. Entrance hallway, lounge/dining room (formerly two rooms), kitchen, bathroom. Landing, four bedrooms.

FF.

OS. Steps up to front door, elevated forecourt, rear yard with elevated rear garden. Tenure: Freehold. Viewing: Joint Auctioneers, Durbin & Co, Mountain Ash (01443) 473883

Guide Price: £44,000+

Lot no. 41

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

END TERRACE HOUSE IN NEED OF REFURBISHMENT 63 DERI TERRACE, TYLORSTOWN, FERNDALE, RHONDDA, MID GLAMORGAN, CF43 3NB A traditional type three storey end terraced house with rear extension in a residential area on the outskirts of Tylorstown. The property has artificial stone cladding to the front, spar rendering to the pine end and mostly uPVC cladding to the rear beneath a pitched slate roof covering with uPVC double glazed windows and gas fired central heating (not tested). Accommodation: GF. Hall, through reception room, bathroom with three piece suite and overbath shower. LGF. Kitchen with external door, living room and store room. FF.

Landing with hatch to attic with Velux type roof light, three bedrooms.

OS. Concrete patio and rear yard with door to rear service lane. Tenure: Freehold. Viewing: Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £44,000+

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

28

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MID TERRACED HOUSE FOR OWNER OCCUPATION OR INVESTMENT

Lot no. 42

798 LLANGYFELACH ROAD, TREBOETH, SWANSEA, WEST GLAMORGAN, SA5 9AX A two storey extended mid terraced house situated in the Treboeth area of Swansea, approximately 2.5 miles outside Swansea City Centre and 1.5 miles from junction 46 of the M4 motorway. The property has colourwashed and spar rendered elevations beneath a pitched roof with interlocking tile covering and benefits from double glazed fenestration. Accommodation: Not internally inspected but assumed to comprise: GF. Reception room, kitchen, bathroom. FF.

Three bedrooms.

OS. Steps up to an overgrown front garden. To the rear is a long enclosed but overgrown garden area. Tenure: Freehold. Viewing: External only. Further information: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £75,000+

MID TERRACE PROPERTY WITH POTENTIAL TO REVERT TO RESIDENTIAL

Lot no. 43

17 CHURCH STREET, EBBW VALE, GWENT, NP23 6BE A mid terraced former house more recently having existing D1 consent in a mixed retail and residential area just off the town centre. The property has a rendered front elevation with mostly uPVC double glazed fenestration and gas fired central heating (not tested) beneath a pitched tiled roof covering with potential to revert to residential (subject to obtaining the necessary consents) after minor alteration and general refurbishment. Accommodation: GF. Recessed porch leading to entrance hall, two reception rooms, kitchen with modest range of units, rear lobby with wash hand basin and door to separate wc. FF.

Landing, three bedrooms, bathroom with three piece suite.

OS. Off road rear parking area for four vehicles with rear lane access. Tenure: Freehold. Viewing: Joint Auctioneers, Brinsons, Caerphilly (029) 2086 7711

Guide Price: £29,000+

Joint Auctioneers

‘Eastgate’

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

property auction catalogue - 26th October 2010, 3pm

29


Lot no. 44

FREEHOLD RETAIL INVESTMENT 6 OXFORD STREET, MOUNTAIN ASH, MID GLAMORGAN, CF45 3PG A three storey modernised mid terrace shop/office premises in a prime town centre location amidst various professional users and a selection of nearby multiples. The property has a rendered and colourwashed front elevation above a modern fully glazed shop front with electrically operated roller shutter door beneath a pitched slate roof covering. Accommodation: GF. Central entrance door leads into front retail area, inner office with kitchenette and storeroom leading off and staircase up. FF.

Two rooms.

SF.

Two rooms with sloping ceilings and cloakroom with wc leading off one to rear.

OS. Small enclosed rear yard accessed from ground floor. Tenancy: We understand that negotiations are currently in hand for a letting at a rental in the region of £5,000 per annum. Further details will be available prior to Auction. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £43,000+

Lot no. 45

THREE BEDROOM SEMI DETACHED HOUSE 70 BRYNCELYN, NELSON, TREHARRIS, MID GLAMORGAN, CF46 6HN A three bedroom semi detached house of non traditional construction situated on an estate approximately half a mile from the village centre with easy access to the A470 trunk road, enjoying open aspect to the rear. Accommodation: GF. Hall, lounge, dining room, kitchen, utility area, wc in cubicle. FF.

Landing, three bedrooms, bathroom with overbath shower, wash hand basin set in vanity unit, wc.

OS. Front garden laid to lawns with central path, long rear garden enjoys open aspect, patio terrace leads onto lawns with central pathway, drive at rear provides off road parking and leads to detached garage. Tenure: Freehold. Viewing: Joint Auctioneers, Weathersby, Treharris (01443) 412097

Guide Price: £55,000+

Joint Auctioneers

30

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


PART OF FORMER RESTAURANT WITH FLAT OVER

Lot no. 46

300 NORTH ROAD, GABALFA, CARDIFF, CF14 3BN A mid terrace stone built commercial premises with single storey ground floor front extension in common with adjoining premises and a flat above accessed over a parking area at the rear. Trading has ceased on the ground floor as a joint venture with the neighbouring property (No. 302.). There is currently no dividing wall between the units. Accommodation: Not internally inspected but advised to comprise: GF. Entrance/reception, bar seating area and toilet facilities, rear store room. FF.

Flat accessed from external rear stairs: Entrance hall, front living room with recessed kitchen area, two bedrooms, bathroom, gas fired central heating (not tested) and uPVC double glazing to flat.

OS. Concrete parking area onto rear lane access. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £TBA IMPROVED MID TERRACE HOUSE – NEEDING FURTHER WORK

Lot no. 47

54 PARK STREET, PENRHIWCEIBER, MOUNTAIN ASH, MID GLAMORGAN, CF45 3YW A partially improved three storey mid terrace house with stone walls, pointed to the front and rendered to the rear with a single storey rear extension, having gas fired central heating (not tested) beneath a pitched slate roof covering. The property has single glazed uPVC windows to the front and is located in an elevated residential street of similar type houses with village facilities nearby and an excellent woodland view to the rear. The property would benefit from upgrading. Accommodation: GF. Entrance hall with stairs down: Through lounge with door to upward staircase LGF. Kitchen, rear lobby, shower room with disabled shower, wc and wash hand basin in extension. FF.

Landing, three bedrooms.

OS. Enclosed rear garden with pedestrian rear access. Tenure: Freehold. Viewing: Joint Auctioneers, Durbin & Co, Mountain Ash (01443) 473883

Guide Price: £29,000+

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

property auction catalogue - 26th October 2010, 3pm

31


Lot no. 48

POTENTIAL DEVELOPMENT LAND (SUBJECT TO NECESSARY CONSENTS) LAND ADJACENT TO THE CASTLE INN, HILL STREET, MERTHYR TYDFIL, MID GLAMORGAN, CF47 8PQ A steep, heavily overgrown, roughly rectangular parcel of land with lane frontage situated amidst existing housing within close proximity to Merthyr Tydfil town centre. The land may have potential for a variety of uses subject to the necessary consents being obtained and all interested parties are advised to make their own enquires in this connection. The land is sold subject to all or any rights, easements, tenancies, licenses or claims which may or may not exist and purchasers must satisfy themselves in this respect. Tenure: Freehold. Viewing: The land is open for inspection. Further Information: Auctioneers Office, Seel & Co (029) 2037 0117

Guide Price: £10,000+

PLAN FOR IDENTIFICATION PURPOSES ONLY. NOT TO SCALE.

Lot no. 49

GARAGE/STORAGE BUILDING WITH ROAD FRONTAGE R/O 46 ALEXANDRA ROAD, CANTON, CARDIFF, CF5 1NU A detached block constructed garage/store with pebble dashed elevations beneath a felt covered flat roof. The building has an up and over single garage door with pedestrian door to side and benefits from road frontage on to Cumberland Road. Tenure: Freehold. Viewing: Auctioneers Office, Seel & Co 029 2037 0117

Guide Price: £5,000+

END OF AUCTION

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

32

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 - 26th October 2010, 3pm


BIDDING BY TELEPHONE/LETTER 1. The bidder must complete a separate authority form for each lot and provide a bankers draft, Solicitors, clients 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. 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. 3. 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.

8. 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.

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.

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


COMMON AUCTION CONDITIONS INTRODUCTION

GLOSSARY

Documents

The common auction conditions have three main sections:

In the conditions wherever it makes sense:

1.

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

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

a ‘person’ includes a corporate body

2.

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:

3.

Conditions of sale

If you buy a lot you will sign a sale memorandum under which you agree to be bound by the conditions of sale that apply to that lot. These conditions are:

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

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:

Actual completion date

Addendum

Extra conditions Any additions to or variations of the conditions that are of general application to all lots General conditions 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

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

Lot

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

Arrears due under any of the tenancies that are not ‘new tenancies’ as defined by the Landlord and Tenant (Covenants) Act 1995

but if that date is not a business day the first subsequent business day

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

Particulars The section of the catalogue that contains descriptions of each lot

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

Arrears

Read the conditions

Auction

Inspect the lot

A receiver, administrative receiver or liquidator or a trustee in bankruptcy

The auction advertised in the catalogue

Carry out usual searches and make usual enquiries

Price

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

Auctioneers

The price that the buyer agrees to pay for the lot

The auctioneers at the auction

Ready to complete

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

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

Arrears of rent and other sums due under the tenancies but unpaid on the actual completion date

Have finance available for the deposit and purchase price

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

Check whether VAT registration and election is advisable.

Buyer

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 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

Practitioner

Sale memorandum 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

Catalogue

The person selling the lot

The catalogue to which the conditions refer including any supplement to it

Special conditions

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 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 - 26th October 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 l Receive and hold deposits l Sign each Sale Memorandum l Treat a Contract as repudiated if the Buyer fails to sign a Sale Memorandum or pay a deposit as required by the Conditions. 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.

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.

THE CONTRACT A successful bid is one We accept as such. 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

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

1.8

2. 2.1

2.2

The buyer buys with full knowledge of: (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.

4.4

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

(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

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.

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.

Deposit The amount of the deposit is the greater of: (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.

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.

The deposit: (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)

5.3

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

(b)

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

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.

2.3

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:

3.2

4.3

(a)

(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.

6.3

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

(c)

gives no warranty as to the adequacy of insurance

(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

(e)

must, unless otherwise agreed, cancel the insurance at completion

(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

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.

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

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

6.6

Where applicable the contract remains in force following completion.

7.

Notice to complete

7.1

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.

7.3

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

rescind the contract

(b)

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

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.

(c)

forfeit the deposit and any interest on it

(d)

resell the lot and

(a)

to the buyer or

(e)

claim damages from the buyer.

(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.

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

property auction catalogue - 26th October 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.

If the contract is brought to an end 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.

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.

13.

The buyer must:

14.

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

(a)

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.

Rent deposits

(a)

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

(b)

give notice of assignment to the tenant and

(c)

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

VAT

14.1 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. 15.

Transfer as a going concern

15.1 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. 15.2 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.

15.3 The buyer:

10.3 Income and outgoings are to be apportioned at actual completion date unless:

10.4 Apportionments are to be calculated on the basis that:

(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.

(a)

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

15.4 The buyer confirms that after completion the buyer intends to:

(c)

(d) 11.

(c)

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:

The seller must:

(a) promptly provide references and other relevant information, and

10.

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

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.

(b) enter into any authorised guarantee agreement properly required.

9.6

(b)

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.

(a) use all reasonable endeavours to obtain the licence at the seller’s expense and 9.5

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

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

9.

9.4

(a)

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

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. (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

15.5 Unless the seller obtains agreement to the contrary from HM Revenue and Customs

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.

(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.

Arrears

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

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

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)

(c)

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

(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

(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

(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.

16.

(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.

Capital allowances

16.1 This condition applies where the special conditions state that there are capital allowances available in respect of the lot. 16.2 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 The value to be attributed to those items on which capital allowances may be claimed is set out in the special conditions. 16.4 The seller and buyer agree:

11.3 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

12.

(b)

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

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 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... 18.

(b)

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.

23.

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 Where relevant: (a)

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.

19.6 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 If the special conditions state that TUPE applies then:

23.2 The seller may continue negotiations or rent review proceedings up to the actual completion date but may not agree the level of the revised rent or commence rent review proceedings without the written consent of the buyer, such consent not to be unreasonably withheld or delayed. 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: 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.

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

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.

(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.

Environmental

21.1 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. 21.3 The buyer agrees to indemnify the seller in respect of all liability for or resulting from the environmental condition of the lot.. 22.

(a)

(a)

(c) 21.

Rent reviews

23.1 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.

19.4 The lot is sold: (a)

Service charge

24.5 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.

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

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.

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: (a)

service charge expenditure attributable to each tenancy

(b)

payments on account of service charge received from each tenant

(c)

any amounts due from a tenant that have not been received

(a)

hold the warranty on trust for the buyer

(d)

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

(b)

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.

22.4 In respect of each tenancy, if the service charge account shows that:

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.

(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.

22.5 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. 22.6 If the seller holds any reserve or sinking fund on account of future service charge expenditure: (a)

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

26.

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 - 26th October 2010, 3pm


DATE OF NEXT AUCTION 7TH DECEMBER 2010  CLOSING DATE FOR ENTRIES 10TH NOVEMBER 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 ■ Mansel Edmunds ■ Eleanor Byrne ■ Kristy Perry ■ Penny Cody

(029) 2037 0116 (029) 2037 0117 (029) 2037 0117 (029) 2037 0104 (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.


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A4233

A470(T)

39 38

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• Residential & Commercial Agency

CALDI

A4

• Portfolio Management

• Residential & Commercial Property Management

23

8

30

BARRY

• Rent Review/Lease Renewal

M4

NEWPORT

28

32

BRIDGEND

25

29

36

37

25 a

27

CAERPHILLY A48

CHEPST

A4042

A4051

A468

A4 73

PORT TALBOT

A472

A469

41

BLACKWOOD Va lle y

• Blocks of Flats Management A4063

42 42

dd a

2

A47

A 4 67

A

Rh on

A41 07

4

A4 72

A470(T)

061 A4

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