18th August Auction

www.rhseel.co.uk

chartered surveyors

Property Auction Catalogue

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

18th August 2009 3pm

IMPORTANT NOTICE TO BE READ BY ALL BIDDERS

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

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.

12. Guide prices are for information only and should not

be relied upon as an indication of Reserve price, or

representing professional valuations for any purpose.

Purchasers are deemed to have relied upon their own

knowledge or the advice of their own professional or

others.

CM

YK

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 theforegoing 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 conditionsof 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.

CM

YK

property auction catalogue - 18th August 2009, 3pm

1. 4 PEN DINAS, TONYPANDY, RHONDDA, MID GLAMORGAN £24,000 +2. 24 WOODLAND TERRACE, ABERBEEG, ABERTILLERY, GWENT £32,000 +3. 4 GROVERS CLOSE, GLYNCOCH, PONTYPRIDD, MID GLAMORGAN £49,000 +4. 194 EAST ROAD, TYLORSTOWN, FERNDALE, RHONNDA, MID GLAMORGAN £30,000 +5. 43 VICARAGE TERRACE, CWMPARC, TREORCHY, RHONDDA, MID GLAMORGAN £39,000 +

6. 21 CAROLINE STREET, BLAENGWYNFI, PORT TALBOT, WEST GLAMORGAN £21,000 +7. 30 ELM STREET, TROEDYRHIW, MERTHYR TYDFIL, MID GLAMORGAN £35,000 +8. 21 BASTIAN CLOSE, BARRY, VALE OF GLAMORGAN £72,000 +9. 2 MARY STREET, BEDLINOG, TREHARRIS, MID GLAMORGAN £45,000 +10. LAND AT JUNCTION OF LITTLE DOCK STREET AND PILL STREET, PENARTH, VALE OF GLAMORGAN £35,000 +

11. 21 LEWIS ROAD, LLANDOUGH, PENARTH, VALE OF GLAMORGAN £89,000 +12. 2A COED COCH ROAD, OLD COLWYN, COLWYN BAY, CONWY £79,000 13. 60 BRONDEG STREET, TYLORSTOWN, FERNDALE, RHONDDA, MID GLAMORGAN SOLD PRIOR14. “GLENDALE”, 6A HIGH STREET, THE SQUARE, BEDLINOG, TREHARRIS, MID GLAMORGAN £56,000 +15. 4 & 5 THE CIRCLE, TREDEGAR, GWENT £45,000 +

16. 24 MALMSMEAD ROAD, LLANRUMNEY, CARDIFF £79,000 +17. 2 COLLEGE ROW, CARDIGAN, DYFED £40,000 +18. 6 WORDSWORTH GARDENS, RHYDFELIN, PONTYPRIDD, MID GLAMORGAN £54,000 +19. LAND TO WEST OF 3 DYFNALLT ROAD, BARRY, VALE OF GLAMORGAN £35,000 +20. 25 COLLY ROW, BEDLINOG, TREHARRIS, MID GLAMORGAN £53,000 +

21. 5 WINDSOR STREET, TROEDYRHIW, MERTHYR TYDFIL, MID GLAMORGAN £44,000 +22. 26 CHURCH STREET, BLAENAU FFESTINIOG, GWYNEDD £9,000 +23. 108 CLIFTON STREET, SPLOTT, CARDIFF £139,000 +24. 3 KENILWORTH HOUSE, CASTLE COURT, WESTGATE STREET, CARDIFF £95,000 +25. LAND AT HENDY MERTHYR TIP, CLYDACH, SWANSEA, WEST GLAMORGAN £13,000 +

26. 6 PLEASANT VIEW, BEDLINOG, TREHARRIS, MID GLAMORGAN £52,000 +27. FLAT 3, 4 CLIVE STREET, GRANGETOWN, CARDIFF £50,000 +28. LAND AT CYFYNG ROAD, YSTALYFERA, SWANSEA, WEST GLAMORGAN £2,900 +29. 17 KINGSLAND ROAD, VICTORIA PARK, CARDIFF £170,000+30. 15 LLWYN ONN HOUSES, LLWYNON, CWMTAF, MERTHYR TYDFIL, MID GLAMORGAN £125,000 +

31. WEST WINDS, BROOKLANDS, NELSON, TREHARRIS, MID GLAMORGAN £105,000 +32. 1 RAGLAN HOUSE, CASTLE COURT, WESTGATE STREET, CARDIFF £95,000 +33. LAND REAR OF ASHLEIGH COURT, CHURCH STREET, TREDEGAR, GWENT £4,000 +34. GARAGE 56 CLIVE STREET LANE, GRANGETOWN, CARDIFF £9,000 +35. 4 EVAN STREET, TREHARRIS, MID GLAMORGAN £39,000 +

36. 35 STATION ROAD, HIRWAUN, ABERDARE, MID GLAMORGAN £74,000 +37. 70 WILLIAM STREET, YSTRAD, PENTRE, RHONDDA, MID GLAMORGAN £87,000 +38. 27 RHIGOS GARDENS, CATHAYS, CARDIFF £193,000 +39. 8 CENTURY COURT, TAFF MEAD EMBANKMENT, CARDIFF £89,000 +40. 37A ABERFAN ROAD, ABERFAN, MERTHYR TYDFIL, MID GLAMORGAN £70,000 +

LOT NUMBERS AND ORDER OF SALE GUIDES

PLEASE NOTEIN ADDITION TO THE PURCHASE PRICE, BUYERS WILL BEREQUIRED TO PAY A BUYER’S PREMIUM OF £250 PLUS VAT


1. 4 PEN DINAS, TONYPANDY, RHONDDA, MID GLAMORGAN £24,000 +2. 24 WOODLAND TERRACE, ABERBEEG, ABERTILLERY, GWENT £32,000 +3. 4 GROVERS CLOSE, GLYNCOCH, PONTYPRIDD, MID GLAMORGAN £49,000 +4. 194 EAST ROAD, TYLORSTOWN, FERNDALE, RHONNDA, MID GLAMORGAN £30,000 +5. 43 VICARAGE TERRACE, CWMPARC, TREORCHY, RHONDDA, MID GLAMORGAN £39,000 +

6. 21 CAROLINE STREET, BLAENGWYNFI, PORT TALBOT, WEST GLAMORGAN £21,000 +7. 30 ELM STREET, TROEDYRHIW, MERTHYR TYDFIL, MID GLAMORGAN £35,000 +8. 21 BASTIAN CLOSE, BARRY, VALE OF GLAMORGAN £72,000 +9. 2 MARY STREET, BEDLINOG, TREHARRIS, MID GLAMORGAN £45,000 +10. LAND AT JUNCTION OF LITTLE DOCK STREET AND PILL STREET, PENARTH, VALE OF GLAMORGAN £35,000 +

11. 21 LEWIS ROAD, LLANDOUGH, PENARTH, VALE OF GLAMORGAN £89,000 +12. 2A COED COCH ROAD, OLD COLWYN, COLWYN BAY, CONWY £79,000 13. 60 BRONDEG STREET, TYLORSTOWN, FERNDALE, RHONDDA, MID GLAMORGAN SOLD PRIOR14. “GLENDALE”, 6A HIGH STREET, THE SQUARE, BEDLINOG, TREHARRIS, MID GLAMORGAN £56,000 +15. 4 & 5 THE CIRCLE, TREDEGAR, GWENT £45,000 +

16. 24 MALMSMEAD ROAD, LLANRUMNEY, CARDIFF £79,000 +17. 2 COLLEGE ROW, CARDIGAN, DYFED £40,000 +18. 6 WORDSWORTH GARDENS, RHYDFELIN, PONTYPRIDD, MID GLAMORGAN £54,000 +19. LAND TO WEST OF 3 DYFNALLT ROAD, BARRY, VALE OF GLAMORGAN £35,000 +20. 25 COLLY ROW, BEDLINOG, TREHARRIS, MID GLAMORGAN £53,000 +

21. 5 WINDSOR STREET, TROEDYRHIW, MERTHYR TYDFIL, MID GLAMORGAN £44,000 +22. 26 CHURCH STREET, BLAENAU FFESTINIOG, GWYNEDD £9,000 +23. 108 CLIFTON STREET, SPLOTT, CARDIFF £139,000 +24. 3 KENILWORTH HOUSE, CASTLE COURT, WESTGATE STREET, CARDIFF £95,000 +25. LAND AT HENDY MERTHYR TIP, CLYDACH, SWANSEA, WEST GLAMORGAN £13,000 +

26. 6 PLEASANT VIEW, BEDLINOG, TREHARRIS, MID GLAMORGAN £52,000 +27. FLAT 3, 4 CLIVE STREET, GRANGETOWN, CARDIFF £50,000 +28. LAND AT CYFYNG ROAD, YSTALYFERA, SWANSEA, WEST GLAMORGAN £2,900 +29. 17 KINGSLAND ROAD, VICTORIA PARK, CARDIFF £170,000+30. 15 LLWYN ONN HOUSES, LLWYNON, CWMTAF, MERTHYR TYDFIL, MID GLAMORGAN £125,000 +

31. WEST WINDS, BROOKLANDS, NELSON, TREHARRIS, MID GLAMORGAN £105,000 +32. 1 RAGLAN HOUSE, CASTLE COURT, WESTGATE STREET, CARDIFF £95,000 +33. LAND REAR OF ASHLEIGH COURT, CHURCH STREET, TREDEGAR, GWENT £4,000 +34. GARAGE 56 CLIVE STREET LANE, GRANGETOWN, CARDIFF £9,000 +35. 4 EVAN STREET, TREHARRIS, MID GLAMORGAN £39,000 +

36. 35 STATION ROAD, HIRWAUN, ABERDARE, MID GLAMORGAN £74,000 +37. 70 WILLIAM STREET, YSTRAD, PENTRE, RHONDDA, MID GLAMORGAN £87,000 +38. 27 RHIGOS GARDENS, CATHAYS, CARDIFF £193,000 +39. 8 CENTURY COURT, TAFF MEAD EMBANKMENT, CARDIFF £89,000 +40. 37A ABERFAN ROAD, ABERFAN, MERTHYR TYDFIL, MID GLAMORGAN £70,000 +

LOT NUMBERS AND ORDER OF SALE GUIDES

PLEASE NOTEIN ADDITION TO THE PURCHASE PRICE, BUYERS WILL BE

REQUIRED TO PAY A BUYER’S PREMIUM OF £250 PLUS VAT


18th August 2009, 3pmto be held at

FOR ENTRIES PLEASE CONTACT

WENDY JONES 029 2037 0116 MANSEL EDMUNDS 029 2037 0117ELEANOR BYRNE 029 2037 0117 KRISTY PERRY 029 2037 0104PENNY CODY 029 2037 0122FAX NO: 029 2023 7544 [email protected]

18

19

20

17

16

NEWPORT

BLACKWOOD

ABERTILLERY

EBBWVALE

TREDEGAR

N A T I O N A LP A R K

Forestof Dean

CHEPSTOW

MONMOUTH

BRISTOLM5

A4042

M49

A40

A449

A449

A4042

A48

A468

A469

A469

A4058

A48

A467

A467

A472

A4 72

A466

2

3

1

M32

A403

A4

A48

A38 A37

A472A4051

29a

RhonddaValley

Valeof Nea

th

Swansea Bay

COWBRIDGE

PYLE

SWANSEA

CLYDACH

AMMANFORD

A4107

A40

63

A4061

A41

09

A4067

A474

A483

A48

A40

61

A473

47 46 45

M4

4141

42

4344

42

40

38

39

37

36

M433

32

27

28

26

29

25a

2524

23CALDICOTM4

M48

22

21

1520

M4

BARRY

HIRWAUN

GLYN NEATH

ABERDULAIS

PONTARDAWE

YSTALYFERA

CRYNANT

BRECON

A40A479

A465

A470(T)

A470(T)

A470(T)

A465(T)

A465(T)

4

ROSSON WYE

M50

MERTHYRTYDFIL

BRYNMAWR

CARDIFF

1

2

M4

M4 30

PORTTALBOT

TONYPANDY

34

CAERPHILLY

LLANTRISANT

A4119

A4233

A4232

35

A48

PONTYPRIDDPORTH

SOU

THER

N W

AY

EASTERN

AVEN

UELLA

NEDERYN RD

CIRC

LE W

AY E

AST

A48

A42

32

LLANEDERYNINTERCHANGE

PARK INNHOTEL

DATE OF NEXT AUCTION 6th OCTOBER 2009CLOSING DATE FOR ENTRIES 9TH SEPTEMBER 2009

Park Inn Hotel CardiffCircle Way East, Llanedeyrn, Cardiff CF23 9XF

AUCTION DATES FOR 2009 CLOSING DATE FOR ENTRIES

24TH NOVEMBER 2009 28TH OCTOBER 2009

MONEY LAUNDERING REGULATIONS

CASH DEPOSITS ACCEPTED UP TO A MAXIMUM OF £6,000

As you may be aware, new Anti-Money Laundering Regulations are now in force. These regulations affect both

estate agents and auctioneers and there is a requirement for Seel & Company to confirm the identity of its clients

and buyers.

In order to comply with such regulations, all buyers will have to provide Seel & Company Auctions with proof of

identity for a current residential address with effect from January 2004. The following are the only documents

acceptable at the auction venue and must be presented in all cases. These documents may be photocopied as

part of the auction control process.

IDENTITY DOCUMENTS

1) Current Passport or UK driving licence.

AND

2) A utility bill, building society or bank statement, credit card bill or other form of ID,issued within the previous three months, providing proof of residency at thecorrespondence address.

If a bidder is acting as an agent on behalf of another party, they will be required to provide the above detailed

documents for themselves as agent and also for the principal as well as providing the usual letter of authority

from the party 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.


www.rhseel.co.uk

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

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

SURVEYS AND VALUATIONS■ Building surveys

■ Homebuyer reports

■ Valuations

For more information on any of the above please:

Telephone: 029 2037 0100

Fax: 029 2037 0121

Email: [email protected]

Or call in at our office: R H Seel & Co

The Crown House

Wyndham Crescent

Canton

Cardiff

CF11 9UH

SPLIT LEVEL MAISONETTE NEAR PUBLIC TRANSPORT – POTENTIAL INVESTMENT

4 PEN DINAS, TONYPANDY, RHONDDA, MID GLAMORGAN, CF40 1JD

property auction catalogue - 18th August 2009, 3pm 5

Lot no. 1

A three bedroom maisonette on two floors of a five storey LocalAuthority purpose built block alongside the main road betweenPorth and Tonypandy, having spar rendered elevations beneath apitched tiled roof covering with gas central heating (not tested).There is a regular bus service very near and rail links to Cardiff areconveniently close. There is a rear service road with on streetparking.

Accommodation: Not inspected internally but advised to comprise:

Entrance hall, living room, kitchen, three bedrooms, bathroom.

OS. Communal front lawn and common parts.

Tenure:Leasehold, 105 years unexpired term.

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

Guide Price: £24,000+

A mid terrace house located in a residential side street within thevillage of Aberbeeg, having facing brick and roughcast rendered frontelevation under a pitched slate roof covering with uPVC unitsinstalled. The property has not been internally inspected but we areadvised requires upgrading throughout.

Accommodation: Not internally inspected, but advised to comprise:

GF. Entrance hallway, two reception rooms, kitchen, smallextension, bathroom.

FF. Three bedrooms.

OS. Rear garden.

Tenure:Freehold.


Guide Price: £32,000 +

MID TERRACE HOUSE FOR IMPROVEMENT

24 WOODLAND TERRACE, ABERBEEG, ABERTILLERY,GWENT, NP13 2EN

Lot no. 2

PHOTOGRAPH OF BLOCK


THREE BEDROOM SEMI DETACHED HOUSE FOR IMPROVEMENT

4 GROVERS CLOSE, GLYNCOCH, PONTYPRIDD,MID GLAMORGAN, CF37 3DF

A three bedroom semi detached house being convenient for travel toPontypridd town centre and access to the A470, having pebble dashrendered elevations under a pitched tiled roof. The property benefitsfrom uPVC double glazing, but requiring internal updatingthroughout.

AccommodationGF. Entrance hall, lounge, dining room open plan to kitchen, inner

hall, cloakroom with wc.

FF. Landing, access to loft three bedrooms, bathroom comprisingbath, wc and wash hand basin.

OS. Front and rear gardens.

Tenure:Freehold.

Viewing:Joint Auctioneers, Peter Mulcahy, Pontypridd (01443) 407917


MID TERRACE HOUSE – FOR IMPROVMENT

194 EAST ROAD, TYLORSTOWN, FERNDALE,RHONDDA, MID GLAMORGAN, CF43 3BU

A three storey mid terrace house in a convenient location with natural pointedstone front elevation beneath a pitched slate roof covering. The property benefitsfrom gas central heating (not tested) but is in need of upgrading throughout.

Accommodation:GF. Entrance hallway, lounge/dining room.

LGF. Kitchen, bathroom, separate wc.

FF. Landing, two bedrooms.

OS. Uncultivated rear garden.

Tenure:Freehold.

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


Lot no. 3

Lot no. 4

6

AMG

To use the fax retrieval system either dial from the handset of your fax machineor set to ‘POLL RECEIVE’ mode. The results will be available from noon the dayafter the auction.

09065 868 151 Full Auction Results

The Essential Information Group Tel: 020 7720 5000 (Calls cost 60p p/min for 09065 at all times)

Auction Results

PETER MULCAHY

www.petermulcahy.co.uk

Joint Auctioneers

A three bedroom end terrace house in a residential street within the village of Cwmparc,which lies in close proximity to the town of Treorchy with a full range of shoppingfacilities and amenities. The property has a pointed stone front elevation under apitched tiled roof covering and benefits from uPVC double glazing. Some improvementworks have been carried out including new electrics but further works are requiredincluding kitchen and bathroom to be completed. A central heating system has beeninstalled but there is no boiler.

Accommodation: GF. Entrance hallway, through lounge/diner (formely two rooms).

FF. Landing, access to loft, three bedrooms.

OS. Elevated forecourt, rear garden with pedestrian side access.

Tenure:Freehold.




43 VICARAGE TERRACE, CWMPARC, TREORCHY,RHONDDA, MID GLAMORGAN, CF42 6UP

Lot no. 5END TERRACE HOUSE FOR REFURBISHMENT

PLEASE NOTEWE CAN NOW SUPPLY LEGAL PACKS BY EMAIL. TO REQUEST

THIS SERVICE PLEASE EMAIL YOUR REQUIREMENTS [email protected] or [email protected]

21 CAROLINE STREET, BLAENGWYNFI, PORT TALBOT, WESTGLAMORGAN, SA13 3TW

Lot no. 6END TERRACE HOUSE FOR IMPROVEMENT

A two bedroom end terrace house located in Blaengwynfi having colour washedroughcast rendered front elevation under a pitched slate roof covering. T he propertybenefits from gas central heating (not tested), but requires updating.

Accommodation: GF. Entrance hallway, lounge open plan to kitchen, former bathroom, separate wc.

FF. Landing, two bedrooms, bathroom comprising bath with shower over, wc andwash hand basin.

OS. Elevated forecourt, uncultivated rear garden.

Tenure:Freehold.


Guide Price £21,000 +


MID TERRACE HOUSE – FOR MODERNISATION

30 ELM STREET, TROEDYRHIW, MERTHYR TYDFIL,MID GLAMORGAN, CF48 4EA

A mid terrace house located in a side street within the village ofTroedyrhiw convenient for local facilities, the Railway Station and theA470. The property has spar dashed rendered front elevation under apitched tiled roof covering and requires upgrading throughout.

Accommodation: GF. Entrance hall, lounge/dining room (formerly two rooms),

kitchen, bathroom with bath, wash hand basin and wc.

FF. Two bedrooms.

OS. Rear garden area.

Tenure:Freehold.

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


Lot no. 7

8

MID TERRACE HOUSE

21 BASTIAN CLOSE, BARRY, VALE OF GLAMORGAN,CF63 1FU

Lot no. 8

A two bedroom mid terrace house located in the east end of Barrybeing convenient for access links to the M4 motorway and out oftown shopping facilities at Culverhouse Cross, having facing brickelevations beneath a pitched tiled roof covering. The property is ingood order thoughout and benefits from gas fired central heating (nottested).

Accommodation:GF. Entrance hallway, lounge, kitchen.

FF. Landing, access to loft, two bedrooms benefiting from fittedwardrobes, bathroom comprising bath with shower over, wc andwash hand basin.

OS. Front garden, small enclosed rear yard.

Tenure:Freehold.



Joint Auctioneers

PLEASE REMEMBERPURCHASERS ARE REQUIRED TO PRODUCE PHOTOGRAPHICAND ONE OTHER FORM OF IDENTIFICATION AT AUCTION

Property finance

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You could even get anagreement in principlewithin 48 hours

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55 Call Maria Williams on 07879 412 070 or Kevin Wool on 07881 805 210 in advance, or come and see us on the day

RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk10

EXTENDED MID TERRACE HOUSE

2 MARY STREET, BEDLINOG, TREHARRIS, MID GLAMORGAN, CF46 6RS

Lot no. 9

An improved mid terrace house in need of a decorative upgrade, located in anelevated street of similar type homes within the rural village. The property hasrendered and colourwashed elevations with uPVC double glazed fenestration and gasfired central heating (not tested), beneath a pitched slate roof covering to the mainbuilding and a profile sheet roof to the single storey rear extension.

Accommodation:GF. Entrance hall, living room (originally two rooms) with fitted gas fire (not

tested), kitchen with range of modern units, including fitted double oven, rearlobby and shower room with wash hand basin and wc (originally with a bath,replaced with walk in shower for invalid purposes).

FF. Landing, three bedrooms.

OS. Enclosed rear garden with pedestrian side access, store shed.

Tenure:Freehold.

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


BUILDING PLOT WITH PLANNING CONSENT

LAND AT JUNCTION OF LITTLE DOCK STREET ANDPILL STREET, PENARTH, VALE OF GLAMORGAN,

Lot no. 10

A level site amidst retail and residential properties approximately amile to the east of Penarth town centre with easy access to CardiffBay or the City Centre.

Deemed planning consent was granted by the Vale of GlamorganCouncil, Application No: 2008/01265/RG4, dated 14 November 2008to provide one house or two apartments. Copies of the Consent maybe obtained from the Auctioneers Office.

All services are presumed to be readily available adjoining the site, butPurchasers must rely upon their own enquiries in this connection.

Tenure:Freehold.

Viewing:Open for inspection.

Further information: Auctioneers Office, Seel & Co (029) 2037 0117


PLEASE NOTEBUYERS ARE RESPONSIBLE FOR INSURING ANY PROPERTY

FROM EXCHANGE OF CONTRACTS

Joint Auctioneers

A traditional type mid terrace house with pointed stone elevations to the main building,rendered to single storey rear extension, beneath a pitched artificial slate roof covering.The property is in a pleasant residential area amidst similar type houses, but in need ofrefurbishment throughout.

AccommodationGF. Entrance lobby, lounge (with staircase), rear living room, kitchen with bathroom

leading off.

FF. Landing, two bedrooms.

OS. Small forecourt and enclosed rear garden with pedestrian rear access.

Tenure:Freehold.


Guide Price: £89,000+


MID TERRACE HOUSE FOR REFURBISHMENT

21 LEWIS ROAD, LLANDOUGH, PENARTH, VALE OF GLAMORGAN,CF64 2LW

Lot no. 11

11

A two bedroom property set well back from the road with large front garden providingoff road parking close to the village and local bus services. The property has a pointedstone front elevation under a pitched slate roof covering with central heating radiators,(boiler removed) not tested.

Accommodation: GF. Lounge, dining room, kitchen/breakfast room (no fittings).

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

OS. Large front forecourt area with room for parking.

Note: Certain works have been commenced to upgrade and extend the property whichwill require completion and the property currently represents an unfinished project. Allinterested parties are advised to make their own enquiries of the Local Authorityregarding planning and building regulations.

Tenure:Freehold.

Viewing:Joint Auctioneers, Sterling Estates, Colwyn Bay (01492) 534477

Guide Price: £79,000

TWO BEDROOM COTTAGE TYPE PROPERTY

2A COED COCH ROAD, OLD COLWYN, COLWYN BAY, CONWY, LL29 9UR

Lot no. 12

AMG

Buying or Selling at Auction

LEGAL HELPLINE029 2040 4020

22 Newport Road, Cardiff

Joint Auctioneers


LARGE HOUSE AT END OF TERRACE

A larger than average house suitable for a large family in a prominent location at the endof a residential terrace on the corner of Brondeg Street and Penrhys Road, with easyaccess to Pontypridd and both valleys. The property has a pointed stone elevation to thefront and part of the rear with the remainder spar rendered beneath a pitched tiled roofcovering, with uPVC double glazed fenestration and gas fired central heating (not tested).The property is on the fringe of Tylorstown with Aldi and local shops and facilities nearby.

Accommodation: GF. Entrance porch and hall, two reception rooms, kitchen, walk in larder and utility

room.

FF. Stairs up to front and rear landings, four bedrooms, bathroom and separate wc.

OS. Elevated forecourt, rear courtyard with pedestrian side access and steep reargarden.

Tenure:Freehold.



Lot no. 13

12

60 BRONDEG STREET, TYLORSTOWN, FERNDALE, RHONDDA,MID GLAMORGAN, CF43 3AS

IMPROVED MID TERRACE HOUSE Lot no. 14“GLENDALE”, 6A HIGH STREET, THE SQUARE, BEDLINOG,

TREHARRIS, MID GLAMORGAN, CF46 6TG

A substantial terraced house with natural pointed stone front elevation, under apitched tiled roof covering conveniently situated overlooking The Square in thelower part of the village. The property benefits from uPVC double glazing andgas fired central heating (not tested, but advised to have been recentlyupgraded).

Accommodation: GF. Entrance hall, lounge, separate dining room, large kitchen/diner.

FF. Two bedrooms, bathroom comprising bath, wash hand basin and wc.

OS. Separate access door to cellar/storage with potential for workshop, homeoffice or similar (subject to planning), elevated forecourt, enclosed reargarden laid as concrete patio, hardstanding for single vehicle accessedfrom rear lane.

Tenure:Freehold.

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

Price Guide: £56,000 +

Joint Auctioneers

PLEASE NOTEWE ARE UNABLE TO ACCEPT DEPOSITS BY WAY

OF DEBIT OR CREDIT CARD

SOLD PRIOR

A pair of intercommunicating shops with three self contained flats spread overthe two floors above located around The Clock in a prominent part of the town.The three storey mid terrace property has a combination of rendered and colourwashed or spar rendered elevations with mostly uPVC double glazed fenestrationbeneath a pitched slate roof covering, currently forming a part let investment.

The shop fronts are both protected by electrically operated roller shutter blindsand each unit has independent gas fired central heating (not tested).

Accommodation and Tenancies:GF. No 5: Former Cafe with main shop (approximately 420 sq ft) with

old style timber shop front currently partitioned off butintercommunicating with next door shop, hitherto used as acombined Cafe, but latterly as a youth centre with gamesmachines and a separate motor spares shop, rear kitchen,Cafe seating area and lobby with cloakroom and wc.

FF/SF No 4: Self contained access to flat comprising:Lounge, kitchen, bedroom, bathroom.

Let to same tenant from 11th October 1999, holding over but now with a newAgreement at a rent of £240 per calendar month.

Rear Flat No 5A: Accessed from road at rear via a courtyard comprising:Lounge, kitchen, bedroom and bathroom spread over two floors.Rent £300 per calendar month on Assured Shorthold Tenancy Agreement.

Flat No 4A: Accessed at rear (on left) comprising:Hall, lounge, kitchen, bedroom and bathroom.

Let to same tenant since 20th March 2003 at a rent of £70 per week.

(The flats have not been inspected internally but advised to be as described).

Rear Garage: Let at £30 per week.

HENCE TOTAL CURRENT RENTS OF £11,680 PER ANNUM

Tenure:Freehold.


Guide: £45,000+


RETAIL WITH THREE FLATS OVER – PART LET INVESTMENT

4 & 5 THE CIRCLE, TREDEGAR, GWENT, NP22 3PS

Lot no. 15

AMG

Nationwide Coverage For All Your Maintenance Needs

CALL US ON

01625 433633FAX: 01625 433600 [email protected] www.amgltd.co.uk

@ Locksmith Services@ House Clearance@ Draining Of Water Systems@ Property Repairs

Emergency Boarding @Security Shuttering @

Garden Maintenance @Cleaning Services @

Maintenance

AMG Maintenance


A three bedroom semi detached house located on an estate to the east of thecity, close to local shopping facilities and convenient for access to the city centreand links to the M4 motorway. The property has facing brick elevations under apitched tiled roof covering and benefits from uPVC single glazing and gas centralheating (not tested).

Accommodation: GF. Entrance porch, entrance hallway, lounge, dining room, kitchen.

FF. Landing, access to loft, three bedrooms, bathroom.

OS. Large front garden with pedestrian side access to rear garden with brickbuilt storage shed.

Tenure:Freehold.



Lot no. 16 THREE BEDROOM SEMI DETACHED HOUSE

24 MALMSMEAD ROAD, LLANRUMNEY, CARDIFF, CF3 5QG

Mid terrace shop and flat over located opposite the Market Hall just off the mainshopping street with public car parking nearby. The entire property needs refurbishmentand improved ventilation, but considered suitable for owner occupation or investment.

Accommodation:GF. Entrance door to small hallway with access to shop and stairs up to flat.

Retail shop with bow fronted display window onto pavement, rear store room withcloakroom leading off.

FF. Landing, living room (no window) with door to kitchen, two bedrooms, bathroom.

Tenure:Freehold.



Lot no. 17 SHOP AND SELF CONTAINED FLAT OVER – POTENTIAL INVESTMENT

2 COLLEGE ROW, CARDIGAN, DYFED, SA43 1LL

A mid link house in a small village approximately 10 miles from Cardiffand 3 miles from Pontypridd with easy access to the M4 motorway viathe A470 trunk road. The property has part facing brick and partrendered elevations with uPVC double glazed fenestration and gas firedcentral heating (not tested) beneath a pitched tiled roof covering.

Accommodation:GF. Entrance hall leading directly to open plan lounge with recessed

kitchen and stairs up.

FF. Landing, three bedrooms, bathroom and separate wc.

OS. Integral garage paved forecourt, enclosed rear garden withpedestrian gate to rear service lane.

Tenure:Freehold.



MID LINK HOUSE IN NEED OF UPGRADE

6 WORDSWORTH GARDENS, RHYDYFELIN,PONTYPRIDD, MID GLAMORGAN, CF37 5HG


Lot no. 18

15

A level site with deemed planning consent for residential development onan existing residential estate with public transport and local facilities,convenient for access to the town centre.

The site is considered to have potential for two or more units with anestablished access and road frontage at each end of the site. Mains servicesare presumed to be available utilising those provided to adjoining homes,but interested parties must rely upon their own enquiries in this connection.

Planning:Deemed planning consent was granted by The Vale of Glamorgan Councilunder Reference No: 2008/01265/RG4, dated 14 November 2008 for use ofthe site for residential development. A copy of the Consent can be obtainedfrom the Auctioneers Office.

Tenure:Freehold.




BUILDING PLOT WITH DEEMED CONSENT

LAND TO WEST OF 3 DYFNALLT ROAD, BARRY, VALE OF GLAMORGAN, CF63 1RL

Lot no. 19

AMG

A double fronted modernised end terrace cottage located in a block end roadwithin a semi rural setting in the lower part of the village of Bedlinog benefitingfrom extensive views to the rear. The property has a natural pointed stone frontelevation under a pitched tiled roof covering and internally, the property has beenrestored in character with exposed stone walls and beams with multi fuel burnerproviding heating and hot water (not tested).

Accommodation & Tenancies: GF. Lounge, kitchen/diner, sun lounge, bathroom with bath, wash hand basin

and wc.

FF. Bedroom, ensuite cloakroom with wash hand basin and wc.

OS. Enclosed rear garden.

Tenure:Freehold.

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



Lot no. 20 IMPROVED AND EXTENDED END TERRACE COTTAGE

25 COLLY ROW, BEDLINOG, TREHARRIS, MID GLAMORGAN, CF46 6UD

Joint Auctioneers

REALTY DHG LTD

Realty DHG Limited are an appointed representative of Intrinsic Financial Services Limited. Your home may be repossessed if you do not keep up repayments on your mortgage.Registered Office: The Counting House, Celtic Gateway, Cardiff CF11 0SN. Registered in Cardiff No. 04910480 Consumer Credit No. 553125

Unit 13, Pacific Business Park, Pacific Road, Cardiff CF24 5HJTel: 029 2049 3300 • Fax: 029 2048 3399

To speak with our Auction Consultant Jason Walters Call 07830 155627

www.realtydhg.com

• Residential Mortgages

• Commercial Finance

• Life Protection

• General Insurance

• Pensions


A two bedroom mid terrace house close to village facilities, the railway station andconvenient for access to the A470. The property has natural pointed stone frontelevation under a pitched tiled roof covering with uPVC units and gas centralheating served by back boiler (not tested). The property is in need of modernisation.

Accommodation:GF. Entrance lobby, lounge/diner (formerly two rooms), kitchen, bathroom.

FF. Two bedrooms.


Tenure:Freehold.



MID TERRACE HOUSE – FOR MODERNISATION

5 WINDSOR STREET, TROEDYRHIW, MERTHYR TYDFIL,MID GLAMORGAN, CF48 4HE

Lot no. 21

Joint Auctioneers

working in association with

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A ground floor refurbished retail unit located within the town next doorto HSBC Bank having modern shop front installed with natural pointedstone upper front elevation surmounted by a pitched slate roof coveringto the host building. The property has not been inspected but waspreviously fitted out and traded as a Hairdressing Salon.

Accommodation: GF. Main Salon area.

Staff room, wc

The unit is now vacant but we understand was previously let on a fullrepairing and insuring lease at a rental of £6,000 per annum.

Tenure:Long leasehold. 999 years.



GROUND FLOOR SHOP UNIT - POTENTIAL INVESTMENT

26 CHURCH STREET, BLAENAU FFESTINIOG, GWYNEDD, LL41 3HB

Lot no. 22

PHOTOGRAPH FROM 2007


A modernised and well presented mid terraced retail unit with a self contained flat above,in a prominent, well established secondary trading street approximately a mile to the eastof the city centre with a number of multiples nearby.

The property has a modern double fronted uPVC display window with central doorway,protected by a roller shutter door to the front, rendered above and to the rear with uPVCdouble glazed fenestration throughout, surmounted by a pitched slate roof covering. Theground floor shop is currently trading as an established Nail Salon.

AccommodationGF. Front retail area approx 465 sq ft including partitioned office, staff room/stores

with fitted modern sink unit, rear lobby and cloakroom with wc and wash basin.Door to enclosed rear yard.

FF. Self contained flat with separate front door and staircase comprising:

Landing, front living room, two bedrooms, kitchen, bathroom, independent gas firedcentral heating (not tested).

Tenancies:The ground floor shop is let on a lease with 2 years unexpired at a rental of £7,000 perannum. The flat is let on an Assured Shorthold Tenancy Agreement at £6720 per annum.

HENCE TOTAL RENTS: £13,720 PER ANNUM

Tenure:Freehold.



Lot no. 23 RETAIL WITH RESIDENTIAL ABOVE – FULLY LET INVESTMENT

108 CLIFTON STREET, SPLOTT, CARDIFF, CF24 1LU

A two bedroom ground floor wing apartment situated in a mansion style building in theheart of the city centre, close to the Millennium Stadium, Cardiff Castle, all shopping,entertainment and cultural facilities and convenient for the bus and train stations.

The property benefits from uPVC double glazing, security entry system, lift to all floorsand gas fired central heating (not tested).

Accommodation:GF. Entrance hallway, lounge, kitchen with fitted oven and hob and integrated

dishwasher, two bedrooms, bathroom comprising corner bath, shower cubicle, wcand wash hand basin.

Tenure:Leasehold 125 years from 29th September 1975 at £100 per annum and rising, plusservice charge, which includes water rates, hot water and building insurance together withheating, lighting and cleaning of common parts and caretaker services.



Lot no. 24 GROUND FLOOR APARTMENT

3 KENILWORTH HOUSE, CASTLE COURT, WESTGATE STREET,CARDIFF CF10 1DN

PHOTOGRAPH OF BLOCK


An area of mostly wooded land with the river adjoining situated in Clydach extending toapproximately six acres upon which we understand may be deposits of coal spoil mostlyin the wooded over area.

The area is surrounded by RSPB land and they maintain pathways through the land.There is a right to pass onto the site by foot only.

The land is sold subject to all rights, claims, tenancies or easements which may or maynot exist and all interest parties must rely upon their own enquiries and investigationsin respect of any potential use or restrictions or any other matters relating to the land.

Tenure:Freehold.




PARCEL OF LAND EXTENDING TO APPROXIMATELY SIX ACRES

LAND AT HENDY MERTHYR TIP, CLYDACH,SWANSEA, WEST GLAMORGAN SA6 5SY

Lot no. 25

An extended three bedroom mid terrace house set alongside the main roadthrough the upper part of the village with open views to front, having spar dashrendered front elevation under a pitched roof covering, benefiting from gas firedcentral heating (not tested).

Accommodation:GF. Hallway, lounge, kitchen/diner, bathroom with three piece suite and

freestanding shower cubicle.

FF. Three bedrooms.

OS. Elevated front garden with steps up to front door, terraced rear gardenwith patio area.

Tenure:Freehold.



MID TERRACE HOUSE

6 PLEASANT VIEW, BEDLINOG, TREHARRIS, MID GLAMORGAN, CF46 6SF

Lot no. 26

A first floor conversion flat in a mid terrace house with rendered elevations and uPVC doubleglazed fenestration beneath a gabled slate covered roof, in a very convenient location just offPenarth Road with good public transport and easy access to the city centre or Cardiff Bay.

The property has recently become vacant after a long term occupancy by the same tenant whohas vacated it in a clean well cared for condition. The flat has independent gas fired centralheating (not tested).

Accommodation: Accessed by shared staircase to:

Landing, entrance hall, living room, kitchen, bedroom and shower room.

Tenure:A new lease to be granted for a term of 125 years commencing on the 15th August 2005 (120 years unexpired) at an initial ground rent of £100 per annum.



FIRST FLOOR FLAT – POTENTIAL INVESTMENT

FLAT 3, 4 CLIVE STREET, GRANGETOWN, CARDIFF, CF11 7JB

Lot no. 27

Joint Auctioneers

PLAN FOR IDENTIFICATION PURPOSES ONLY


PARCEL OF LAND

LAND AT CYFYNG ROAD, YSTALYFERA, SWANSEA,WEST GLAMORGAN SA9 2BS

A freehold parcel of land in an elevated position on the outskirts of Ystalyferaadvised to extend to approximately 450 sq.m

The land is sold without any planning consent but is considered to have potentialfor residential use subject to all necessary consents being obtained.

All interested parties are advised to make their own enquiries of the LocalPlanning Authority regarding any potential use of the land.

Tenure: Freehold.

Viewing: The site is open for inspection.

Further Information:Auctioneers Office, Seel & Co (029) 2037 0117


MID TERRACE HOUSE CONVERTED INTO FLATS – POTENTIAL INVESTMENT

17 KINGSLAND ROAD, VICTORIA PARK, CARDIFF, CF5 1HU

A bay fronted mid terrace house converted to provide, two flats and a studio apartmentin a popular location, convenient for local shopping facilities and amenities. The propertyhas natural pointed stone front elevation, roughcast rendered to side and rear, under apitched slate roof covering and benefits from uPVC double glazing and gas fired centralheating (not tested).

Accommodation GF. Entrance hallway.Flat 1. Lounge, two bedrooms, kitchen, bathroom with bath, wash hand basin and wc.

FF.Flat 2. Lounge, two bedrooms, kitchen, bathroom with bath, wash hand basin and wc.

SF. Studio. Bedsitting room, kitchen, bathroom with bath, wash hand basin and wc.

OS. Enclosed forecourt, rear garden.

The property has previously been let at rents totalling £18,900 per annum but is nowoffered for sale with vacant possession upon completion.

Tenure:Freehold.



Lot no. 28

Lot no. 29

20

PLAN FOR IDENTIFICATION PURPOSES ONLY

A three bedroom semi detached house located close to Llwyn Onn Reservoir in theBrecon Beacons National Park, an area of outstanding natural beauty. The propertyis set back off the road in a short row of similar houses in an elevated positionaffording open views to the front, and has colourwashed smooth cement renderedelevations under a pitched tiled roof covering and benefits from uPVC doubleglazing and central heating powered by LPG (not tested), the tank for which hasbeen submerged into the front garden.

Accommodation: GF. Two reception rooms, kitchen, store cupboard, pantry, separate room currently

utilised as a utility room, but with potential for additional living room orstudy having French doors opening onto front garden.

FF. Three bedrooms, bathroom with bath, wash hand basin and wc.

OS. Front garden, passageway to rear garden comprising patio area, steps upto large elevated rear garden, outside wc and tool store.

Tenure:Freehold.



SEMI DETACHED HOUSE IN RURAL LOCATION

15 LLWYN ONN HOUSES, LLWYNON, CWMTAF,MERTHYR TYDFIL, MID GLAMORGAN, CF48 2HT

A semi detached bungalow in a residential area on the outskirts of the village ofNelson, convenient for local facilities and access to the A470. The property hasfacing brick elevations under pitched tiled roof with flat roofed dormer andbenefits from gas central heating (not tested). There is a rear annexe comprisinglounge, bedroom, shower room and wc with potential for adaption to alternativeuse, such as home office/studio (subject to all necessary consents).

Accommodation: GF. Two reception rooms (one currently utilised as bedroom), dining room,

bathroom with corner bath, wash hand basin and wc, separate showercubicle.

FF. Two bedrooms.

REAR ANNEXE: Lounge, doors to bedroom, shower room and wc.

OS. Gardens to front and rear, driveway parking to side.

Tenure:Freehold.



SEMI DETACHED CHALET BUNGALOW WITH ANNEXE

WEST WINDS, BROOKLANDS, NELSON, TREHARRIS,MID GLAMORGAN, CF46 6DR


Lot no. 30

Lot no. 31

21

VIEW FROM FIRST FLOOR FRONT

Joint Auctioneers

Joint Auctioneers


A ground floor two bedroom flat situated in a mansion style building in the heart ofthe city centre, close to the Millennium Stadium, Cardiff Castle, all shopping,entertainment and cultural facilities and convenient for bus and train stations. Theproperty benefits from secure entry phone system, gas central heating (not tested)but would benefit from some internal updating.

Accommodation: GF. Entrance hall, lounge/dining room, kitchen with fitted oven and hob, two

bedrooms, bathroom comprising bath with shower over, wc and wash handbasin.

Tenure:Leasehold 999 years at a ground rent of £100 per annum plus service charge whichincludes water rates, hot water and building insurance together with lighting, heatingand cleaning of communal areas and caretaker facilities.



Lot no. 32 GROUND FLOOR APARTMENT

1 RAGLAN HOUSE, CASTLE COURT, WESTGATE STREET,CARDIFF, CF10 1DN

A small area of level land suitable for storage or parking, sold subject to all or anyrights, claims or easements of any sort which may or many ot exist. The Purchasermust rely upon their own enquiries in this connection.

Tenure:Freehold.


Further information:Auctioneers Office, Seel & Co (029) 2037 0117


Lot no. 33 AREA OF LEVEL PARKING/STORAGE LAND

LAND AT REAR OF ASHLEIGH COURT, CHURCH STREET,TREDEGAR, GWENT NP22 3DS

Lot no. 34 LOCK UP GARAGE/STORES

56 CLIVE STREET LANE, GRANGETOWN, CARDIFF, CF11 7JD

A single storey lock up garage/store unit with up and over door, providing access toapproximately 446 sq ft of covered space. The property is approached via a wide,level tarmacadam surfaced lane having part rendered and colourwashed walls beneatha profile sheet roof covering with electric lighting installed (not tested) and is locatedclose to the IKEA outlet and convenient for access to Cardiff Bay.

The property has been used for workshop/storage purposes but offers potential foralternative use subject to necessary consents.

Tenure:Freehold.

Viewing:Joint Auctioneers, Chris John Estate Agents, Cardiff (029) 2039 7152

Guide Price: £9,000 +Joint Auctioneers

PHOTOGRAPH OF BLOCK


A three bedroom mid terrace house located within the village having natural pointed stonefront elevation with brick features under a pitched tiled roof covering, benefiting from gascentral heating (not tested), but requiring upgrading.

Accommodation:GF. Hall, lounge/diner, kitchen, bathroom.

FF. Three bedrooms.


Tenure:Freehold.



MID TERRACE HOUSE – FOR IMPROVEMENT

4 EVAN STREET, TREHARRIS, MID GLAMORGAN,CF46 5HR

Lot no. 35

A fully and tastefully improved mid terrace house with rendered and colourwashedelevations, uPVC double glazed fenestration and gas fired central heating (nottested) beneath a pitched tiled roof covering in a popular location with villageamenities and access to the A465 to Merthyr and Swansea. The propertyincorporates an attractive standard of fittings and is offered in pristine decorative order.

Accommodation:GF. Entrance hall, spacious lounge, well appointed kitchen/diner with extensive

fitted units and integrated appliances including stainless steel gas hob andoven with extractor fan, waste disposal, fridge freezer and dishwasher withplumbing for washing machine.

FF. Landing, three bedrooms, bathroom with three piece suite including Jacuzzibath and shower over, radiator and heated towel radiator complimented byfully tiled walls and vanity wash hand basin unit.

OS. Enclosed rear patio and lawn with pedestrian rear access to footpath.

Tenancy:The property is currently let at £455 pcm (£5,460 per annum) on an AssuredShorthold Tenancy Agreement with early possession but the tenants would like tocontinue up to Christmas if suitable to the purchaser.

Tenure:Freehold.



MID TERRACE HOUSE – IMPROVED TO HIGH STANDARD

35 STATION ROAD, HIRWAUN, ABERDARE, MID GLAMORGAN CF44 9ST

Lot no. 36

Joint Auctioneers


A fully renovated four storey mid terrace property with rendered elevations, uPVC doubleglazed fenestration and gas fired central heating (not tested) beneath a pitched slate roofcovering in a busy main road location. The property has been fully improved to a highstandard by a builder for his own family trading purposes as a cafe/takeaway, which willtrade and be maintained up to the time of sale.

The property represents an excellent opportunity to continue as a well establishedbusiness which is only being disposed of by the Vendor due to the early bereavement of afamily member. We are advised the business has a current turnover in excess of £65,000and high profit returns, but due to circumstances the property is being offered for sale ona bricks and mortar basis and NO FIGURES OR BALANCE SHEET INFORMATIONWHATSOEVER WILL BE PROVIDED.

Accommodation: GF. Central door enters into front cafe area with fitted seating and service counter

leading onto fully equipped kitchen and stores.FF. Landing, three rooms.SF. Attic room with velux roof light.LGF. Private kitchen, lobby and bathroom. OS. Rear concrete yard with rear pedestrian access.

The property is fully equipped for use as a cafe/takeaway with modern equipment allincluded as seen. No inventory will be provided.

Tenure:Freehold.



Lot no. 37 FULLY RENOVATED ESTABLISHED CAFE-TAKEAWAY

70 WILLIAM STREET, YSTRAD, PENTRE, RHONDDA, MID GLAMORGAN, CF41 7QY

An end terrace house currently rented out as bedsits, in a popular residential areaconvenient for access to University Buildings and the city centre. The propertyhas facing brick elevations under a pitched slate roof covering and benefits fromgas fired central heating (not tested) and is currently rented out as bedsitaccommodation. There is a detached garage with separate drive accessconsidered to have potential for conversion to a small self contained residentialunit, subject to all necessary planning consents being obtained.

Accommodation & Tenancies: GF. Entrance hallway,

Front bedsit with conservatory off - Let at £275 per calendar monthRear bedsit let at £275 per calendar monthKitchen

FF. Front bedsit let at £300 per calendar monthMiddle bedsit let at £280 per calendar monthRear bedsit let at £220 per calendar monthBathroom with bath, separate shower cubicle, wash hand basin andwc.

GARAGE. Detached garage with separate driveway access, currently let at£2,000 per annum but considered to have potential for conversion,subject to all necessary planning consents.

HENCE TOTAL RENTS £18,200 PER ANNUM

OS. Enclosed rear garden

Tenure:Freehold.



Lot no. 38 END TERRACE HOUSE IN GOOD LOCATION – RESIDENTIAL INVESTMENT

27 RHIGOS GARDENS, CATHAYS, CARDIFF CF24 4LS


A third floor one bedroom flat in a gated city centre development, alongside theRiver Taff, within walking distance of all shopping, social and leisure facilities andvery close to the Railway Station and Bus Station. The flat benefits from uPVCdouble glazing and gas central heating (not tested), lift, telephone entry systemand private secure parking.

Accommodation & Tenancy:Hallway, reception room, kitchen with fitted base and wall units, oven and hobwith cooker hood, washer/drier, bedroom, bathroom comprising bath withshower over, wc and wash hand basin in vanity unit.

The flat is let on an Assured Shorthold Tenancy Agreement at a rental of £500per calendar month, £6,000 per annum.

The tenants are aware that the property is for sale, but it will be for anyPurchaser to serve notice for possession, if so required.

Tenure:Leasehold, 125 years from 1st February 2001 at a ground rent of £50 perannum, subject to review, plus service charge.



MODERN FLAT IN CITY CENTRE WITH PARKING – RESIDENTIAL INVESTMENT

8 CENTURY COURT, TAFF MEAD EMBANKMENT,CARDIFF, CF11 6RL

Lot no. 39

END OF AUCTIONPLEASE REFER TO AUCTIONEERS

FOR DETAILS OF ANY LATE ENTRIES

PHOTOGRAPH OF BLOCK

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 iftelephone 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: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _


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.

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.

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.

BIDDING BY TELEPHONE/LETTER


COMMON AUCTION CONDITIONS

INTRODUCTIONThe common auction conditions have three main sections:

1. Glossary

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

2. The conduct of the auction

These conditions regulate the conduct of theauction. If you read our catalogue or attend theauction you do so on the basis that you acceptthem

3. Conditions of sale

If you buy a lot you will sign a sale memorandumunder which you agree to be bound by theconditions of sale that apply to that lot. Theseconditions are:

• General conditions that apply to all lots

• Any extra general conditions in the catalogueor an addendum

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

The conditions are legally binding.

Important notice

A prudent buyer will, before bidding for a lot at an auction:

• Take professional advice from a conveyancer and, inappropriate cases, a chartered surveyor and anaccountant

• Read the conditions

• Inspect the lot

• Carry out usual searches and make usual enquiries

• Check the content of all available leases and otherdocuments relating to the lot

• Check that what is said about the lot in thecatalogue is accurate

• Have finance available for the deposit and purchaseprice

• Check whether VAT registration and election isadvisable.

The conditions assume that the buyer has acted like aprudent buyer.

If you choose to buy a lot without taking these normalprecautions you do so at your own risk.

GLOSSARYIn the conditions wherever it makes sense:

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

• a ‘person’ includes a corporate body

• words of one gender include the other genders

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

Actual completion date

The date when completion takes place or is treated astaking place for the purposes of apportionment andcalculating interest

Addendum

An amendment or addition to the conditions whethercontained in a supplement to the catalogue, a writtennotice from the auctioneers or an oral announcement atthe auction

Agreed completion date

(a) the date specified in the special conditions, or

(b) if no date is specified, 20 business days after thecontract date

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

Arrears

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

Auction

The auction advertised in the catalogue

Auctioneers

The auctioneers at the auction

Business day

Any day except (a) a Saturday or a Sunday (b) a bankholiday in England and Wales or (c) Good Friday orChristmas Day

Buyer

The person who agrees to buy the lot or, if applicable, thatperson's personal representatives: if two or more are jointlythe buyer all obligations can be enforced against themjointly or against each of them separately

Catalogue

The catalogue to which the conditions refer including anysupplement to it

Completion

Completion of the sale of the lot

Conditions

This glossary, the conditions for the conduct of theauction, the general conditions, any extra conditions andthe special conditions

Contract

The contract by which the seller agrees to sell and thebuyer agrees to buy the lot

Contract date

The date of the auction or, if the lot is not sold at theauction:

(a) the date of the sale memorandum signed by boththe seller and buyer or

(b) if contracts are exchanged, the date of exchange. Ifexchange is not effected in person or by anirrevocable agreement to exchange made bytelephone, fax or electronic mail the date ofexchange is the date on which both parts have beensigned and posted or otherwise placed beyondnormal retrieval.

Documents

Documents of title (including, if title is registered, theentries on the register and the title plan) and otherdocuments listed or referred to in the special conditionsrelating to the lot

Extra conditions

Any additions to or variations of the conditions that are ofgeneral application to all lots

General conditions

The conditions so headed

Interest rate

If not specified in the special conditions, 4% above thebase rate from time to time of Barclays Bank plc

Lot

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

Old arrears

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

Particulars

The section of the catalogue that contains descriptions ofeach lot

Practitioner

A receiver, administrative receiver or liquidator or a trusteein bankruptcy

Price

The price that the buyer agrees to pay for the lot

Ready to complete

Ready, willing and able to complete: if completion wouldenable the seller to discharge all financial charges securedon the lot that have to be discharged by completion, thenthose outstanding financial charges do not prevent theseller from being ready to complete

Sale memorandum

The form so headed set out in the catalogue in which theterms of the contract for the sale of the lot are recorded

Seller

The person selling the lot

Special conditions

The conditions so headed that relate to the lot

Tenancies

Tenancies, leases, licences to occupy and agreements forlease and any documents varying or supplemental to them

Transfer

Includes a conveyance or assignment (and to transferincludes to convey or to assign)

TUPE

The Transfer of Undertakings (Protection of Employment)Regulations 1981 as modified or re-enacted from time totime

VAT

Value Added Tax or other tax of a similar nature

VAT election

an election to waive exemption from VAT in respect of thelot

We (and us and our)

The auctioneers

You (and your)

Someone who has a copy of the catalogue or who attendsor bids at the auction, whether or not a buyer


The general conditions apply except to the extent that they are varied by extra conditions, the specialconditions or by an addendum.

1. The lot

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

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

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

(a) matters registered or capable of registration as local land charges

(b) matters registered or capable of registration by any competent authority or under theprovisions 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 andcountry 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 wouldmake, 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 andindemnify the seller against liability.

1.4 The seller must notify the buyer of any notices, orders, demands, proposals and requirements ofany competent authority of which it learns after the contract date but the buyer must complywith 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 theseller is not liable if they are not fit for use.

1.7 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 inspectionof it, whether or not the buyer has inspected it.

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

2. Deposit

2.1 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 thatminimum), and

(b) 10% of the price exclusive of VAT.

2.2 The deposit:

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

(b) is to be held as stakeholder unless the special conditions provide that it is to be held asagent for the seller.

2.3 Where the auctioneers hold the deposit as stakeholder they are authorised to release it and anyinterest on it to the seller on completion or, if completion does not take place, to the personentitled 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 thecontract 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 allrisk of loss or damage unless:

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

(b) the special conditions require the seller to insure the lot.

3.2 If the seller is to insure the lot then the seller:

(a) must produce to the buyer on request relevant insurance details

(b) must use reasonable endeavours to maintain that or equivalent insurance and pay thepremiums 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 interestnoted 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 respectof loss or damage arising after the contract date

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

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

(a) to the buyer or

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

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 intooccupation prior to completion.

4. Title

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

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

(a) if the lot is registered land the seller is to give to the buyer within five business days ofthe contract date an official copy of the entries on the register and title plan and of alldocuments 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 daysan abstract or epitome of title starting from the root of title mentioned in the specialconditions (or, if none is mentioned, a good root of title more than 15 years old) andmust 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 morethan seven business days after that information has been given to the buyer.

4.3 Unless otherwise stated in the special conditions the seller sells with full title guarantee exceptthat:

(a) all matters recorded in registers open to public inspection are to be treated as within theactual knowledge of the buyer and

(b) any implied covenant as to compliance with tenant’s obligations under leases does notextend to the state or condition of the lot where the lot is leasehold property.

4.4 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 toanswer any requisitions raised by the Land Registry and to instruct the Land Registry to send thecompleted 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 soldunder the contract.

4.6 The seller does not have to produce, nor may the buyer object to or make a requisition inrelation 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 theagreed completion date and the engrossment (signed as a deed by the buyer if condition5.2 applies) five business days before that date or (if later) two business days after thedraft has been approved by the seller and

(b) the seller must approve or revise the draft transfer within five business days of receiving itfrom the buyer.

5.2 If the seller remains liable in any respect in relation to the lot (or a tenancy) followingcompletion the buyer is specifically to covenant in the transfer to indemnify the seller againstthat liability.

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

6. Completion

6.1 Completion is to take place at the offices of the seller’s conveyancer, or where the seller mayreasonably require, on the agreed completion date. The seller can only be required to completeon 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 ofapportionments plus (if applicable) VAT and interest.

6.3 Payment is to be made in pounds sterling and only by:

(a) direct transfer to the seller’s conveyancer’s client account and

(b) the release of any deposit held by a stakeholder.

6.4 Unless the seller and the buyer otherwise agree completion takes place when both havecomplied with their obligations under the contract and the total payment is unconditionallyreceived 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 betreated, for the purposes of apportionment and calculating interest, as if it had taken place onthe next business day.

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 givethe other notice to complete within 10 business days (excluding the date on which the notice isgiven) 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 otherremedy the seller has:

(a) rescind the contract

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

(c) forfeit the deposit and any interest on it

(d) resell the lot and

(e) claim damages from the buyer.

GENERAL CONDITIONS OF SALE


GENERAL CONDITIONS OF SALE continued...

7.4 If the seller fails to comply with a notice to complete the buyer may, without affecting any otherremedy 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.

8. If the contract is brought to an end

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

(a) the buyer must return all papers to the seller and appoints the seller its agent to cancelany registration of the contract

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

9. Landlord’s licence

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

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

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

9.4 The seller must:

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

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

9.5 The buyer must:

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

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

9.6 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 anyobligation under this condition) by notice to the other rescind the contract at any time beforelicence is obtained. Rescission is without prejudice to the claims of either seller or buyer forbreach of this condition 9.

10. Interest and apportionments

10.1 If the actual completion date is after the agreed completion date for any reason other than theseller’s default the buyer must pay interest at the interest rate on the price (less any depositpaid) 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 hasreceived that sum in cleared funds. The seller must pay to the buyer after completion any sum towhich the buyer is entitled that the seller subsequently receives in cleared funds.

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

(a) the buyer is liable to pay interest and

(b) the seller has given notice to the buyer at any time up to completion requiringapportionment on the date from which interest becomes payable.

10.4 Apportionments are to be calculated on the basis that:

(a) the seller receives income and is liable for outgoings for the whole of the day on whichapportionment is to be made

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

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

(d) rent payable in arrear for a period that includes the day of apportionment is to beapportioned for that period as if paid in advance.

11. Arrears

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

11.2 While any arrears due to the seller remain unpaid the buyer must:

(a) try to collect them in the ordinary course of management but need not take legalproceedings, distrain or forfeit the tenancy

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

(c) on request, at the cost of the seller, assign to the seller or as the seller may direct theright to demand and sue for old arrears, such assignment to be in such form as the seller’sconveyancer may reasonably require

(d) if reasonably required, allow the seller’s conveyancer to have on loan the counterpart ofany 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 orforfeit 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’ssuccessor in title a covenant in favour of the seller in similar form to this condition 11.

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

12. Management

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

12.2 The seller is to manage the lot in accordance with its standard management policies pendingcompletion.

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

(a) the seller must comply with the buyer’s reasonable requirements unless to do so would(but for the indemnity in paragraph (c) expose the seller to a liability that the seller wouldnot otherwise have, in which case the seller may act reasonably in such a way as to avoidthat liability

(b) if the seller gives the buyer notice of the seller’s intended act and the buyer does notobject within five business days giving reasons for the objection the seller may act as theseller intends, and

(c) the buyer is to indemnify the seller against all loss or liability the seller incurs throughacting as the buyer requires, or by reason of delay caused by the buyer.

13. Rent deposits

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

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

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

(a) observe and perform the seller’s covenants and conditions in the rent deposit deed andindemnify 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.

14. VAT

14.1 Where the conditions require money to be paid the payer must also pay any VAT that ischargeable 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 thatnone has been made by it or by any company in the same VAT group nor will be prior tocompletion.

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 atransfer 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:

(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 ofthe VAT registration and that a VAT election has been made and notified in writing toHM Revenue and Customs

(d) must not revoke the VAT election.

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

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

(a) retain and manage the lot for the buyer’s own benefit as a continuing business as a goingconcern 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

(a) the seller must on or as soon as reasonably practicable after completion transfer to thebuyer all VAT records for the lot and

(b) the buyer must keep those records available for inspection by the seller at all reasonabletimes.

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

(a) the seller’s conveyancer is to notify the buyer’s conveyancer of that finding and provide aVAT 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 sellerthe VAT due and

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

16. Capital allowances

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

16.2 The seller is promptly to supply to the buyer all information reasonably required by the buyer inconnection 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 outin the special conditions.

16.4 The seller and buyer agree:

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

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

17. Maintenance agreements

17.1 The seller agrees to use reasonable endeavours to transfer to the buyer, at the buyer’s cost, thebenefit 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 contractsfrom the actual completion date.


18. Landlord and Tenant Act 1987

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

18.2 Unless the special conditions state otherwise the seller warrants that the seller has compliedwith sections 5B and 7 of that Act and that the requisite majority of qualifying tenants has notaccepted 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 connectionwith the sale or the performance of the seller’s obligations. The transfer is to include adeclaration excluding the personal liability of the practitioner and of the practitioner’s partnersand staff.

19.4 The lot is sold:

(a) in its condition at completion

(b) whether or not vacant possession is provided

(c) for such title as the seller may have and

(d) with no title guarantee.

and the buyer has no right to rescind the contract or any other remedy if information providedabout 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 isappointed, the document of appointment by the lender and the practitioner’s acceptanceof appointment, and

(b) the seller may require the transfer to be by the lender exercising its power of sale underthe Law of Property Act 1925.

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

20. TUPE

20.1 Unless the special conditions state that TUPE applies then the seller warrants that there are noemployees whose contracts of employment will transfer to the buyer on completion.

20.2 If the special conditions state that TUPE applies then:

(a) the seller has informed the buyer of those employees whose contracts of employmentwill transfer to the buyer on completion

(b) not less than five business days before the agreed completion date the buyer mustconfirm to the seller that the buyer has offered to employ those employees on the sameterms as, or better terms than, their existing contracts of employment

(c) the buyer is to keep the seller indemnified against all liability for those employees aftercompletion.

21. 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 ofthe lot and has given the buyer the opportunity to carry out investigations (whether or not thebuyer has read those reports or carried out any investigation) and the buyer admits that thepricetakes 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 theenvironmental condition of the lot..

22. Service charge

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

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 servicecharge 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

(d) any service charge expenditure that is not attributable to any tenancy and is for thatreason irrecoverable.

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

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

(b) attributable service charge expenditure exceeds payments on account (whether thosepayments have been received or are still then due), the buyer must use all reasonableendeavours to recover the shortfall from the tenant at the next service chargereconciliation date and pay the amount so recovered to the seller within five businessdays 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 mustpay any incurred in respect of the period before actual completion date and the buyer must payany incurred in respect of the period after actual completion date. Any necessary monetaryadjustment is to be made within five business days of the seller providing the service chargeaccount to the buyer.

22.6 If the seller holds any reserve or sinking fund on account of future service charge expenditure:

(a) the seller must assign it (including any interest earned on it) to the buyer on completionand

(b) the buyer must covenant with the seller to hold it in accordance with the terms of thetenancies and to indemnify the seller if it does not do so.

23. Rent reviews

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

23.2 The seller may continue negotiations or rent review proceedings up to the actual completiondate but may not agree the level of the revised rent or commence rent review proceedingswithout the written consent of the buyer, such consent not to be unreasonably withheld ordelayed.

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

23.4 The seller must:

(a) give to the buyer full details of all rent review negotiations and proceedings, includingcopies of all correspondence and other papers, and

(b) use all reasonable endeavours to substitute the buyer for the seller in any rent reviewproceedings.

23.5 The seller and the buyer are to keep each other informed of the progress of the rent review andhave 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 forany increased rent and interest recovered from the tenant that relates to the seller’s period ofownership 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 anyinterest recoverable from the tenant has not been received by completion the increased rent andany 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 andproceedings.

24. Tenancy renewals

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

24.2 Where practicable, without exposing the seller to liability or penalty, the seller must not withoutthe written consent of the buyer (which the buyer must not unreasonably withhold or delay)serve or respond to any notice or begin or continue any proceedings.

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

24.4 Following completion the buyer must:

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

(b) use all reasonable endeavours to conclude any proceedings or negotiations for the renewalof the tenancy and the determination of any interim rent as soon as reasonablypracticable at the best rent or rents reasonably obtainable

(c) if any increased rent is recovered from the tenant (whether as interim rent or under therenewed tenancy) account to the seller for the part of that increase that relates to theseller’s period of ownership of the lot within five business days of receipt of cleared funds.

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

25. Warranties

25.1 Available warranties are listed in the special conditions.

25.2 Where a warranty is assignable the seller must:

(a) on completion assign it to the buyer and give notice of assignment to the person whogave the warranty

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

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

(a) hold the warranty on trust for the buyer

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

26. No assignment

The buyer must not assign, mortgage or otherwise transfer or part with the whole or any part ofthe 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 orthe 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 isgiven when delivered or received. If delivered or received after 1700 hours on a business day it isto 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 havebeen received it must be sent by first-class registered or recorded delivery post to the address ofthe person to whom it is to be given as specified in the sale memorandum. Such acommunication 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 intitle and, to the extent permitted by the conditions, by the auctioneers.

GENERAL CONDITIONS OF SALE continued...


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 cannotguarantee that you will be invited to increase your bid in the event of analternative, satisfactory offer being received prior to exchange.

DATE OF NEXT AUCTION 6TH OCTOBER 2009CLOSING DATE FOR ENTRIES 9TH SEPTEMBER 2009

FOR FREE AUCTION APPRAISAL TOENTER A PROPERTY TO AUCTION

FOR MORE INFORMATION ONANY OF THE ABOVETelephone: (029) 2037 0117Fax: (029) 2023 7544Email: [email protected] call in at our office : R H Seel & Co

The Crown HouseWyndham CrescentCantonCardiffCF11 9UH

Please contact

■ Wendy Jones (029) 2037 0116

■ Mansel Edmunds (029) 2037 0117

■ Eleanor Byrne (029) 2037 0117

■ Kristy Perry (029) 2037 0104

■ Penny Cody (029) 2037 0122

Park Inn CardiffCircle Way East

LlanedeyrnCardiff

CF23 9XF

Tel: 029 2058 9988

www.rhseel.co.uk

• Blocks of FlatsManagement

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• Surveys & Valuations

20

NEWPORT

BLACKWOOD

A

A4042

M

A449

A

A48

A468

A469

A467

A472A4051

29a

33

32

27

28

26

29

25a

2524

2M4

BARRY

H

A470(T)

A

CARDIFF

30

CAERPHILLY

L

A4232

PONTYPRIDD

SOU

THER

N W

AY

EASTERN

AVEN

UELLA

NEDERYN RD

CIRC

LE W

AY E

AST

A48

A42

32

LLANEDERYNINTERCHANGE

PARK INNHOTEL

18th August Auction

Documents

Transcript of 18th August Auction