At The Radisson Blu Portman Hotel 22 Portman Square London ... · 13. The Buyer or Bidder will be...

WEDNESDAY 11TH MAY 2011

At TheRadisson Blu Portman Hotel22 Portman SquareLondon W1H 7BG

Commencing at12.00 p.m.

Light refreshments served at 11.30 a.m.

AuctioneersJ. Barnett FRICSJ. L. G. Ross MRICS Tel: 020 8492 9449 Fax: 020 8492 7373

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BARNETT ROSS_110511_OFC_OBC.indd 1 13/04/2011 12:49

Notice to all Bidders

1. Please note the General Conditions of Sale which are included with this catalogue and the Special Conditions of Sale which are available on request. An Addendum will be made available on the AuctionDay and the bidder should check whether the lot which he/she is interested in bidding for is included.

2. Prospective purchasers are assumed to have inspected the properties in which they are interested andto have made all usual pre-contract searches and enquiries.

3. The successful Bidder is Bound under Contract as soon as the Auctioneer’s gavel falls on his/herfinal bid. Immediately thereafter the successful Bidder will be handed a Form to fill out supplying detailsof his/her name and address together with (if different) the name and address of the purchaser andthose of his/her solicitors. He/she must also supply a cheque for the deposit, which we will hold atour office. The bidder will be given our bank account details and must arrange to transfer thedeposit monies to our client bank account the following day by way of a ‘same day CHAPSpayment.’ Once these funds are received we will return the bidder’s cheque by post.

4. The information from the Form will be used to complete a memorandum of contract similar to the oneat the back of this catalogue which the purchaser must sign and hand to the Auctioneer’s staff prior to leaving the room.

5. If the Purchaser’s memorandum of contract is not signed, the Auctioneer, or any person authorised bythem, will sign the memorandum of contract on behalf of the Bidder/Purchaser.

6. The Auctioneers endeavour to have copies of title documents, leases, licences etc. and a local search available for inspection at their offices and in the auction room. It is recommended that anyone wishingto inspect such documents should telephone first to ensure that the required documents are available.

7. If any Bidders are intending to come to the Auction for a specific lot they are advised to checkwith the Auctioneers on the morning of the sale to ensure that the particular lot will be offeredat the Auction. The Auctioneers will endeavour to avoid last-minute sales but on rare occasionsthe situation may be out of their control.

8. Some plans or extracts from plans in this catalogue are based upon the Ordnance Survey Map with the sanction of the Controller of H.M. Stationery Office Crown Copyright reserved.

9. Where guide prices are printed they are not intended to be an indication of the reserve price. They are simply intended to be the Auctioneer’s opinion at the time of printing the catalogue of the approximate range of the likely sale price. However, auction prices are impossible to predict accurately and theeventual price will in some cases be higher or lower than the guide indicated.

10. If a Bidder cannot attend the Auction and wishes to make a telephone or proxy bid, thenarrangements should be made on a form available from the Auctioneers prior to the sale.

11. The purchaser is usually responsible for insurance on the property as and from exchange of contracts.We are usually aware of the existing cover and can often arrange cover immediately on the day atattractive rates.

12. All bidders are advised to read the Special Conditions of Sale and/or addendum which may refer to additional charges payable by purchasers.

13. The Buyer or Bidder will be liable to pay Barnett Ross Ltd a non-refundable Administration Fee of £275 (including VAT) unless otherwise stated on the Particulars of Sale. This Fee will be payable on exchangeof contracts.

14. In respect of Lot 23, there is a disclosure under the Estate Agents Act 1979 contained in the Special Conditions of Sale.

15. PROOF OF IDENTIFICATION – The purchaser and/or bidder is to provide original documentation toconfirm proof of name and address. Please refer to Page 1 opposite for acceptable documentation.

Proof of IdentityThe purchaser and the bidder is to provide one original document from each column together with a copy for us to attach to the contract:

Mailing ListIf you are not already on our mailing list, then please send your details by fax, post or e-mail and you will be added to the list.

Telephone Bidding 020 8492 9449If you wish to bid by telephone or instruct us to bid on your behalf, this canonly be done by requesting a Telephone Bidding Form from us.This must be done in good time to return to us, with your deposit cheque, three days before the Auction.Contact any member of the Auction Team on 020 8492 9449 to request a form.

Follow the Auction Live on the InternetVisit www.eigroup.co.uk and select ‘Online Auctions’.Choose ‘Barnett Ross’ and then ‘Viewing Gallery’. You will then seedetails of the lot being offered and can watch the bidding as it happens.It is not possible to bid from the screen.

Auction Live Link 09067 591 404Dial this number to listen to the auctioneer as he is selling the Lots.You cannot bid on this service.(Calls are charged at 77p per minute at all times.)

Auction Results FAX LINE 09067 591 147To receive the results after the auction dial the above number fromthe handset of a fax machine. If you do not have a handset, set themachine to “Poll Receive” mode. (Calls are charged at77p per minute at all times.) Service provided byThe Essential Information Group 0870 112 3040

Barnett Ross Web SiteShould you wish to access details of past auctions, or obtain information about any of the services that we can offer, please visit our website at

www.barnettross.co.uk

Proof of name• Passport• Photocard Driver’s Licence

Proof of address• Driver’s Licence (with or without a photo)• A utility bill issued within the last three

months (excluding mobile phone bill)

On-Line Live

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1 175 Shenley Road Borehamwood Hertfordshire

2 94 Central Street Clerkenwell London EC1

3 36 Cross Street Islington London N1

4 80 Caledonian Road King’s Cross London N1

5 Flat 63 Arthur Court, Queensway Bayswater London W2

6 70 & 82 Totteridge Lane Totteridge London N20

7 1611 Wimborne Road, Kinson Bournemouth Dorset

8 397 St John Street Clerkenwell London EC1

9 8 Nunhead Green Peckham London SE15

10 38 Vicarage Road Watford Hertfordshire

11 491 Seven Sisters Road Haringay London N15

12 10/12 Shropshire Street Market Drayton Shropshire

13 9 West Street, Wilton Salisbury Wiltshire

14 82 Market Place Warminster Wiltshire

15 1 Black Swan Walk Leominster Herefordshire



18 Brooksby Mews Islington London N1

19 30 Market Place East Dereham Norfolk

20 18 Station Parade, Cockfosters Road Cockfosters Hertfordshire

21 2 Monks Avenue New Barnet Hertfordshire

22 Plumb Center & Parts Center, Hawkins Lane Burton-on-Trent Staffordshire

23 66 George Street Altrincham Cheshire

24 41-51 Queen Street, Burslem Stoke-on-Trent Staffordshire

25 86 High Street Hoddesdon Hertfordshire

26 421 Hessle Road Hull East Riding of Yorkshire

27 2 Malden Road Kentish Town London NW5

28 The Misty Moon, 27 Green Lane Northwood Middlesex

29 38-42 High Street Newport Shropshire

ORDER OF SALE

COMMENCING 12 P.M.

LOT

2

30 208 Essex Road Islington London N1

31 Colwyn Bay Service Station, Abergele Road Colwyn Bay Conwy

32 1 The Green Letchmore Heath Hertfordshire

33 10 Hornsey Road Holloway London N7

34 8 Duncan Street Islington London N1

35 5 & 17 High Street, Leagrave Luton Bedfordshire

36 254 London Road Waterlooville Hampshire

37 34/35 Clerkenwell Green Clerkenwell London EC1

38 80/96 Thames Avenue Swindon Wiltshire

39 23/24 Bennetts Hill Birmingham West Midlands

40 2 Market Street Watford Hertfordshire

41 2 Reede Road Dagenham Essex

42 Units 3/4 Golden Court, Bridge Road Oulton Broad Suffolk

43 316 St John Street Clerkenwell London EC1

44 1-3 Ashridge Parade, 1316/1320 Wimborne Road, Northbourne Bournemouth Dorset

45 119 Leyburn Road Edmonton London N18

46 10 Adastral Square, Canford Heath Poole Dorset


48 167 Sydenham Road Sydenham London SE26


50 1/1A Russell Buildings, 86 West Street Portchester Hampshire

51 41 Anerley Road Crystal Palace London SE19

52 30 Gilda Parade, Wells Road Whitchurch Bristol

53 Units 1-4 Newmans Yard, 9 Norwich Street Fakenham Norfolk

54 18 Regent Street Mansfield Nottinghamshire

55 61 Westgate Mansfield Nottinghamshire

56 116/118 Robson Street, Anfield Liverpool Merseyside

57 27 Monks Avenue New Barnet Hertfordshire

58 Ground Rent Portfolio within the London Borough of Islington Islington London

LOT

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Copy Legal DocumentationTo obtain an immediate download:

If you wish to obtain the Special Conditions and/or the Legal Documents in respect of any lot please go to www.barnettross.co.uk,then on our Home Page click on ‘Next Auction’, then click on the relevant lot number and finally click on ‘Request Legal Pack’.

The Special Condition of Sale, when available, are free to download. To download the Legal Documents, when available, there will be a charge of £25 including VAT.

All documents which are received by Barnett Ross from the Vendors’ Solicitors subsequent to your initial request will be dispatched atno extra charge. Prospective purchasers are advised to check whether any such outstanding documents have been received.

Where available, a Document Pack for each lot can be inspected at the Auction Sale.

For further legal enquiries, please contact the relevant Vendor’s Solicitor whose details are printed on each lot page.

Please refer to the Notice to all Bidders, inside this catalogue, and also the General Conditions of Sale referred to at the end of the catalogue in relation to all legal matters.

To obtain a paper copy by post:

If you would like to order a hard copy of the legal documents please complete and returnthe following form to:Legal Department, The Ark Design & Print Ltd, Pudsey Business Park, 47 Kent Road, Leeds LS28 9BB or fax 0113 256 8724 or call 0113 256 8712.

Note: There is a charge of £35 including VAT per lot for the hard copy version of the legal documentation.

Please complete the form below using BLOCK CAPITALS:

In respect of lot(s) .........................................................................................................................................................................................................................................................................................

Please despatch to: Title (Mr, Mrs, Miss, Ms*) .............................................................................................................................................................................................................

Company ...............................................................................................................................................................................................................................................................................................................

Address ....................................................................................................................................................................................................................................................................................................................

......................................................................................................................................................................................... Post code ....................................................................................................................

Telephone ......................................................................................................................................................... Email ................................................................................................................................

■ I enclose a cheque for £ ………………………………… payable to The Ark Design & Print Ltd or

■ Please debit £ ………………………………… from my ■ Mastercard ■ Visa

Card number

Card security code The final 3 digit number on the back of your card, on the signature strip.

Name as it appears on the card .............................................................................................. Signature .....................................................................................................................

Expiry date ………………………… / …………………………

Card address (if different from above) .................................................................................................................................................................................................................................

......................................................................................................................................................................................... Post code ....................................................................................................................

Telephone .............................................................................................................................................................................................................................................................................................................

LegalsAUCTION

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theArkdesign & print

*Delete as appropriate

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✼ Buildings insurance

✼ Competitive Premiums

✼ Household Name Insurer

✼ Comprehensive Cover

✼ Personal, Efficient Service

Speak to us at the auctionor call Jonathan Ross

On 020 8492 9449to discuss your requirements.

Need Immediate Cover?

LOT 1 175 Shenley Road, Borehamwood, Hertfordshire WD6 1AW

Reserve Below£300,000

SITUATIONIn the best shopping position within this popular town close to such multiples as KFC, Coral, Greggs and Boots Opticians.Borehamwood links in with Elstree and has excellent road communications, being only 2 miles from the A1 with Central London 12 miles to the South.

PROPERTYPart of a post-war terrace comprising a Ground Floor Shop with separate rear access to a Self-Contained Maisonette on the two upper floors with gas central heating (not tested) and some UPVC windows. In addition, the property benefits from use of a rear service road and parking for 1/2 cars.

VAT is NOT payable in respect of this Lot

FREEHOLD

ACCOMMODATIONGround Floor ShopGross Frontage 17'6"Internal Width 16'3"Shop Depth 41'6"Built Depth 61'0"WCFirst & Second Floor MaisonettePreviously 4 Rooms, Kitchen, Bathroom/WCCurrent layout:First Floor – 3 Rooms & KitchenSecond Floor – 3 Rooms & Bathroom/WC

TENANCYThe entire property is let on a full repairing and insuring lease to A Tubay (Hardware & Household Goods) for a term of 25 years from 25 December 1986 at a current rent of£22,680 per annum exclusive.

Valuable Reversion December 2011

Note 1: There is a rent deposit of £11,340 held.

Note 2: The lesses also trades from the adjoining shop.

£22,680 per annum VENDOR’S SOLICITORS BSG LLP Tel: 020 8343 4411

Ref: J. Swerner Esq - Email: [email protected] The Surveyors dealing with this property areJOHN BARNETT and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE

The successful Buyer will be liable to pay the Auctioneers an administrationfee of £275 (including VAT) upon exchange of contracts

6 WEEK COMPLETION

8

175 SHENLEY ROAD.indd 1 14/04/2011 15:49

LOT 2 94 Central Street, Clerkenwell,London EC1V 8AJ

Guide Price£190,000 – £200,000

SITUATIONLocated close to the junction with Lever Street on this link road between City Road and Old Street within this mixed commercial and residential area and directly opposite the substantial Central Square residential development currently under construction.Clerkenwell lies midway between Islington and the City of London and well served by public transport being within close proximity to Old Street Station (Mainline and Northern Line).

PROPERTYForming part of an end of terraced building comprising a Ground Floor Shop and Basement.

ACCOMMODATIONGround Floor ShopGross Frontage 21'7"Internal Width 17'7"narrowing at rear to 13'5"Shop Depth 31'4"Basement StoreArea Approx 490 sq ftWC


TENURELeasehold for a term of 999 years from 1st October 2007 at a peppercorn ground rent.

TENANCYThe property is let on a full repairing and insuring lease to Zaffer Moughal as a convenience store for a term from 1st July 2002 to 24th March 2014 at a current rent of £16,995 per annum exclusive.

Rent Review March 2011 (Outstanding – Landlord quoted £20,000 pa) and 2014 (Last day of term)

Note 1: The lessee has been in occupation for approximately 13 years and also operates a restaurant/take-away business at 102 Central Street and 83 Lever Street.

Note 2: The purchaser will pay 1% plus VAT on the purchase price towards the Vendor’s sales costs.

£16,995 per annum VENDOR’S SOLICITORSHamlins LLP – Tel: 020 7355 6000

Ref: Ms. Yvonne Raymond – Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

9

View opposite of Central Square development

94 CENTRAL STREET.indd 1 14/04/2011 14:51

LOT 3 36 Cross Street, Islington, London N1 2BG

Guide Price £400,000

SITUATIONIn the heart of Islington linking Upper Street and Essex Road within this very fashionable and sought after mixed commercial and residential area and in between Farrow & Ball and Fired Earth. The area is conveniently situated for both the City and West End and is well served by public transport via bus routes and it is in close proximity to both Highbury & Islington, Angel and Essex Road Stations.

ACCOMMODATIONGround Floor ShowroomGross Frontage 15'8"Internal Width 13'11"widening at rear to 37'10"Front Showroom Depth 55'5"Built Depth 82'5"Front Showroom Area Approx 570 sq ftRear Showroom Area Approx 910 sq ftWCBasement ShowroomArea Approx 260 sq ft

Total Area Approx 1,740 sq ft

PROPERTYForming part of a mid terraced building comprising aLarge split level Ground Floor Showroom with front and rear sections together with internal access to aBasement Showroom.



TENANCYThe property is let on a repairing and insuring lease (subject to a schedule of condition) to Indigo Furnishings Ltd trading as Living Space (contemporary designer furniture) (having 3 branches) for a term of 10 years from 8th September 2006 at a current rent of £34,000 per annum exclusive.

Rent Review September 2011 (Landlord quoted£39,250 pa)

Note 1: The lessee has been in occupation for approximately 11 years.


£34,000 per annum VENDOR’S SOLICITORS Hamlins LLP - Tel: 020 7355 6000

Ref: C. Maxwell Esq - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

10

Rear Showroom

36 CROSS STREET.indd 1 14/04/2011 14:36

LOT 4 80 Caledonian Road, King’s Cross, London N1 9DN


SITUATIONLocated close to the junction with Northdown Street in this established local parade being situated within this continually improving mixed commercial and residential area and in close proximity to King’s Cross and St Pancras Station, the latter of which includes the Channel Tunnel Terminal.

PROPERTYForming part of a mid-terraced parade comprising aGround Floor Office with Basement.

ACCOMMODATIONGround Floor OfficeGross Frontage 13'6"Internal Width 11'8"Built Depth 33'6"WCBasementStore/Kitchen Area Approx 340 sq ftWC


TENURELeasehold for a term of 999 years from 1st October 2007 at peppercorn ground rent.

TENANCYThe property is let on a full repairing and insuring lease to ABC Algerian British Connection (promoting Algerian Arts, Culture and Traditions) for a term of 15 years from 19th December 2006 at a current rent of £8,500 per annum exclusive.

Rent Reviews 2012 and 3 Yearly

Tenant's Break at any time on 6 months prior Notice.

Landlord's Break Dec 2011 & Dec 2016.

Note: The purchaser will pay 1% plus VAT on the purchase price towards the Vendor’s sales costs.


Ref: C. Maxwell Esq- Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

11

80 CALEDONIAN RD.indd 1 14/04/2011 14:57

LOT 5 Flat 63 Arthur Court, Queensway, London W2 5HP

Guide Price£450,000–£475,000

BY ORDER OF EXECUTORS

SITUATIONIn this sought after location opposite Porchester Hall (famous for Turkish Baths and Swimming Pool), close to the multiple shopping facilities in Queensway which include Whiteleys and only a short distance from Hyde Park and midway between Bayswater Underground Station (Circle line) and Royal Oak Underground Station (Hammersmith & City Line).

PROPERTYA 7th Floor Self-Contained 2 Bed Flat in this well-known 1930’s block of flats benefitting from passenger lifts, porterage and central heating.


ACCOMMODATIONBedroom 1Bedroom 2LoungeKitchenBathroom/WCGross Internal Area Approx 720 sq ft

TENURELeasehold for a term to expire on 28th September 2098 (thus having approx 87 ¼ years unexpired) at a ground rent of £80 p.a.

Offered with FULL VACANT POSSESSION

Note: At the Purchaser’s request and cost the Vendor will serve a Notice on the Freeholders requesting an extension of Lease by a further 90 years at nil ground rent.

SERVICE CHARGECurrently £2,630 p.a. budgeted for Year End June 2011 based on 1.03% of block.

Vacant 2 Bed Flat VENDOR’S SOLICITORSParker Thomas - Tel: 020 7242 5462

Ref: F. Leighter Esq - Email: [email protected]

The Surveyors dealing with this property areJOHN BARNETT and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

12

63 ARTHUR COURT.indd 1 14/04/2011 15:02

LOT 6 70 & 82 Totteridge Lane,Totteridge, London N20 8QG


SITUATIONOccupying a prominent trading position within this established local parade only a minute’s walk from Totteridge & Whetstone Station (Northern Line) and being close to the main A1000 High Road Whetstone, which lies midway between Barnet and Finchley.Totteridge is one of the most affluent and sought after residential suburbs of North London, enjoying easy links to the M25 and M1 whilst being only 10 miles from the West End.

PROPERTYA mid terrace property comprising a Ground Floor Shop with separate rear access via a shared balcony to a Self-Contained Maisonette on two upper floors. The property benefits from use of a rear service road and 1 car parking space.


FREEHOLD

ACCOMMODATIONNo 70 – Ground Floor ShopGross Frontage 20’0”Internal Width 18’9”Shop & Built Depth 29’6”WCRear Timber Shed Area Approx 120 sq ftNo 82 – Self-Contained Maisonette4 Rooms, Kitchen, Bathroom, Separate WC

TENANCYThe entire property is let on a full repairing and insuring lease to Mr & Mrs S Vathanabaskaran as a News/Conf/Tob for a term of 20 years from 29th September 1996 at a current rent of £18,000 per annum exclusive.

Rent Review 2012

Note 1: A £12,050 rent deposit is currently being held.

Note 2: We are informed that No 74 Totteridge Lane is let at £27,000 p.a. for the Shop only.

£18,000 per annum

VENDOR’S AUCTIONEERSHighview Estates 2/6 Scrutton Street, London EC2A 4RJ

Tel: 020 7247 1513 Ref: A.Klemin EsqVENDOR’S SOLICITORS

Hoffman Bokaei – Tel: 020 7433 2380Ref: B Hoffman Esq – Email: [email protected] The Surveyors dealing with this property are

JONATHAN ROSS and JOHN BARNETT FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUEThe successful Buyer will be liable to pay the Auctioneers an administration

fee of £275 (including VAT) upon exchange of contracts

6 WEEK COMPLETION

13

70 & 82 TOTTERIDGE LANE.indd 1 14/04/2011 14:57

LOT 7 1611 Wimborne Road, Kinson, Bournemouth, Dorset BH11 9AP


SITUATIONLocated close to the junction with Lake Road, in the same parade as Age UK and Sue Ryder, opposite Lloyds TSB and in the adjacent parade to Bournemouth Council Offices, serving the surrounding residential population approximately 4 miles north of Bournemouth town centre.Bournemouth is a popular seaside resort on the south coast, approximately 30 miles south-west of Southampton.

PROPERTYForming part of a terraced parade comprising a Ground Floor Shop with A2 Use with internal access to a First Floor Office. In addition, the property includes use of 2 Parking Spaces in a rear car park.

ACCOMMODATIONGround Floor Shop (with A2 Use)Gross Frontage 16'11"Internal Width 15'1"Built Depth 46'6"Office Area Approx 960 sq ftFirst Floor OfficeArea Approx 320 sq ftPlus 2 WCs and kitchenetteTotal Office Area Approx 1,280 sq ft

VAT is payable in respect of this Lot

TENURELeasehold for a term of 2,000 years from 29th March 1988 at a peppercorn ground rent.

TENANCYThe entire property is let on a full repairing and insuring lease to Martin Pate (t/a MJP Law solicitors with 3 branches) for a term of 20 years from 25th December 1988 (holding over) at a current rent of £9,400 per annum exclusive.

Note 1: The solicitors also trade from the adjoining property (No. 1613) which intercommunicates at ground and first floor with No. 1611.

Note 2: There is a £1,566.66 rent deposit held.

£9,400 per annum VENDOR’S SOLICITORS Brechers - Tel: 020 7563 1000

Ref: Ms Emma Glassberg - Email: [email protected] The Surveyors dealing with this property areJOHN BARNETT and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

14

1611 WIMBORNE ROAD.indd 1 14/04/2011 15:41

LOT 8 397 St John Street, Clerkenwell, London EC1V 4LD

Guide Price£180,000–£190,000

SITUATIONLocated close to the junction with Rosebery Avenue and near to the Sadler’s Wells Theatre, amongst a mixture of local speciality shops and residential properties. The excellent shopping facilities of Upper Street and High Street Islington are within close proximity and the area is well served by the numerous bus routes and Angel Underground Station (Northern Line). In addition, the area is ideally situated for both the City and West End.

PROPERTYForming part of a mid terraced building comprising a Ground Floor Shop with internal access to Basement Storage. In addition, the property includes a rear yard.

ACCOMMODATIONGround Floor ShopGross Frontage 12'9"Internal Width 12'0"Shop & Built Depth 27'5"Basement StorageArea Approx 285 sq ft WC



TENANCYThe property is let on a full repairing and insuring lease to Bobbin Bicycles Ltd for a term of 15 years from 24th June 2009 at a current rent of £14,000 per annum exclusive.

Rent Reviews 2012 & 3 yearly

Note 1: The lessee also occupies a bicycle workshop to the rear of the property in Arlington Way which is not included in the leasehold interest being offered.

Note 2: There is a £3,500 deposit held.



Ref: C. Maxwell - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

15

397 ST JOHN STREET.indd 1 14/04/2011 15:42

LOT 9 8 Nunhead Green, Peckham, London SE15 3QF


SITUATIONLocated close to the junction Nunhead Grove near to 3 Pubs, an NHS Pharmacy and variety of established traders all serving the surrounding residential area being within close proximity of Peckham Rye and Nunhead Mainline Station.Peckham lies between Camberwell and East Dulwich only 5 miles from Central London.

PROPERTYA mid terraced building comprising a Ground Floor Shop with separate front access to a Self-Contained Flat at first floor level. In addition, the property benefits from a small Rear Yard.


FREEHOLD

VENDOR’S SOLICITORS Wallace LLP - Tel: 020 7636 4422

Ref: Ms Jackie Boot - Email: [email protected] The Surveyors dealing with this property areJOHN BARNETT and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

16

TENANCIES & ACCOMMODATIONProperty Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks

Ground Floor Shop

Gross Frontage 12'1"Internal Width 9'9" widening to 15'6"Shop Depth 52'8"Built Depth 58'6"2 WCs

Coral Racing Ltd(Having approx 1,600 branches)

16 years from1st March 2011

£7,100 FRI by way service chargeRent Reviews 2016 (greater of £8,083pa or OMV) and 2021 (to min of 2.5% pa compound or OMV)

First Floor Flat Not Inspected 2 Individuals 99 years from25th March 1987

£100 FRI by way of service chargeValuable Reversion in approx74 ¾ years

TOTAL £7,200

View along Nunhead Green

£7,200 per annum WithMinimum Rental Uplifts

8 NUNHEAD GREEN.indd 1 14/04/2011 14:16

LOT 10 38 Vicarage Road, Watford, Hertfordshire WD18 0EN


SITUATIONIn a local parade of shops serving a densely populated residential area, very close to Watford Football Club and an easy walk into the Town Centre with all the major multiple traders.Watford is approximately 20 miles north of Central London with easy access to the motorway network via the M1 and M25.

PROPERTYA terraced property comprising a Ground Floor Shop with separate rear access to a Self-Contained Flat on the First Floor. In addition, there is vehicular access to a Rear Yard for off-street parking for up to 6 cars.

VAT is NOT payable in respect of this LotFREEHOLD

£9,950 per annum WithMinimum Rental Uplifts VENDOR’S SOLICITORS

Wallace LLP - Tel: 020 7636 4422Ref: Ms Jackie Boot - Email: [email protected] The Surveyors dealing with this property are

JOHN BARNETT and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUEThe successful Buyer will be liable to pay the Auctioneers an administration


6 WEEK COMPLETION

17

TENANCIES & ACCOMMODATION Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks

Ground Floor Shop & Rear Yard

Gross Frontage 17'10"Internal Width 16'8"Shop Depth 27'11"Built Depth 48'0"2 WCsPlus Rear Yard for parking

Coral Racing Ltd(Having approx. 1,600 branches)

16 years from1st March 2011

£9,750 FRI by way of service chargeRent Reviews 2016 (greater of £11,168 pa or OMV) and 2021 (to minimum of 2.5% pa compound or OMV).

First Floor Flat 2 Rooms, Kitchen, Bathroom/WC Essien Properties Ltd 125 years from1st January 2010

£200 FRI by way of service charge Rent rises every 25 years

TOTAL £9,950

Watford Football Club

38 VICARAGE ROAD.indd 1 14/04/2011 14:35

LOT 11 First and Second Floor Flats,491 Seven Sisters Road, Haringay, London N15 6EP


BY ORDER OF LPA RECEIVERS

SITUATIONLocated opposite the junction with Albert Road in this popular residential area which lies midway between Finsbury Park and Tottenham.

PROPERTYForming the 1st and 2nd Floors of a terraced property comprising 4 Flats (3 of which are Self-Contained).

VAT Is NOT payable in respect of this Lot

TENUREHeld on two leases each for a term of 125 years from 5th April 1989 at a fixed ground rent of £100 pa. Each lease was originally granted for a single self-contained flat and each flat has subsequently been converted to provide two units.

£8,280 per annum Plus 3 Vacant Flats VENDOR’S SOLICITORS

Walker Morris - Tel: 0113 283 2500Ref: S Young Esq - Email: [email protected] The Surveyors dealing with this property are

MATTHEW BERGER and NICHOALS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUEThe successful Buyer will be liable to pay the Auctioneers an administration


6 WEEK COMPLETION

18

TENANCIES & ACCOMMODATIONProperty Accommodation Lessee Term Ann. Excl. Rental Remarks

First Floor Flat A

Studio Room including Shower/WC VACANTFirst Floor Flat B

2 Rooms, separate external Shower/WC VACANT

Second Floor Flat C

Studio Room including Shower/WC VACANTSecond Floor Flat D

2 Rooms, Shower/WC Individual Periodic Tenancy £8,280

TOTAL£8,280Plus 3

Vacant Flats

491 SEVEN SISTERS RD.indd 1 14/04/2011 15:41

LOT 12 10/12 Shropshire Street,Market Drayton,Shropshire TF9 3BY


SITUATIONLocated in this busy town centre close to the junction with the main shopping facilities of High Street within this attractive market town located on the A53 some 20 miles from Shrewsbury and 20 miles from the M54 which leads to the national motorway network.

PROPERTYForming part of an attractive property comprising aGround Floor Shop.

ACCOMMODATIONGround Floor ShopGross Frontage 28'7"Internal Width 27'9"Built Depth 50'2" (max)WC


TENURELeasehold for a term of 999 years from 25th March 2011 at a peppercorn.

TENANCYThe property is let on a full repairing (as good a state as at commencement of lease) and insuring lease to Doll Cheshire Ltd (with personal guarantor) (Ladieswear having 3 branches) for a term of 6 years from 26th April 2010 at a current rent of £7,250 per annum exclusive.

Rent Review and Tenant's Break 2013

Note: The Freehold will be offered to the Purchaser after the Flat has been sold.

£7,250 per annum VENDOR’S SOLICITORS W T Jones - Tel: 020 7405 4631

Ref: P Hambleton Esq - Email: [email protected] The Surveyors dealing with this property areJOHN BARNETT and MATTHEW BERGER FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

19

10 SHROPSHIRE STREET.indd 1 14/04/2011 14:42

LOT 13 9 West Street, Wilton, Salisbury, Wiltshire SP2 0DL


SITUATIONLocated on the main A30, close to the junction with North Street, in the heart of this attractive village with both established traders and branches of Lloyds TSB, One Stop and a Post Office.Wilton lies approximately 4 miles west of Salisbury which is a popular historic Cathedral city some 25 miles north of Bournemouth and 20 miles north-west of Southampton, enjoying excellent road links with the A338, A354 and A36 which connects with the M27.

PROPERTYA mid terraced Grade II Listed building comprising a Ground Floor Double Fronted Shop with D1 Planning Use plus separate front access to a Self-Contained Flat at First Floor level. In addition, the property includes a Large Deep Rear Garden and Timber Store.


FREEHOLD

£9,100 per annum VENDOR’S SOLICITORS Coley & Tilley - Tel: 0121 643 5531

Ref: G. Griffiths Esq - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

20

View from the property


Ground Floor Shop, Rear Garden & Timber Store

Site Depth 171'0"Gross Frontage 28'7"Internal Width 25'4"widening at rear to 31'0"Built Depth 46'6"GIA Approx 1,300 sq ft2 WC’sTimber Store Area Approx 190 sq ft

Wiltshire County Council (See Note)

25 years from 25th February 2011

£9,000(Rising to £10,000

in 2014)

IRI plus Shop FrontRent Reviews 5 yearlyTenant’s Break 2016 and any time thereafter on 6 months notice

First Floor Flat

Not inspected Individual 125 years from 26th June 2008

£100 FRI

TOTAL £9,100

Note: Wiltshire County Council will sub-let the property on completion of the works to Sure Start which is a Government programme providing services for pre-school children and their families. At the time of printing the tenant was in the process of a circa £100,000 fit out due to complete in mid May 2011 in order to operate as the ‘Wilton Sure Start Children’s Centre’ thereafter.

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9 WEST STREET.indd 1 14/04/2011 14:14

LOT 14 82 Market Place, Warminster,Wiltshire BA12 9AW


SITUATIONAt the eastern end of Market Place which is the prime shopping location, adjacent to NatWest and amongst such other multiple traders as Dorothy Perkins, Boots, Curry’s, Edinburgh Woollen Mills and M & Co.Warminster is a famous Army Town, 20 miles from Bath and on the A36, 10 miles from Trowbridge.

PROPERTYForming part of a terraced building comprising a Deep Ground Floor Shop.

ACCOMMODATIONGround Floor ShopGross Frontage 21'6"Internal Width 21'0"Shop Depth 38'0"Built Depth 68'0"2 WCs


TENURELeasehold for a term of 999 years from completion at a peppercorn.

TENANCYThe property is let on a full repairing and insuring lease to Mrs T. Icer as a cafe / takeaway for a term of 10 years from 5th November 2008 at a current rent of £16,000 per annum exclusive.

Rent Reviews 2011 and annually in line with RPI

Tenant’s Break November 2013

Note 1: We are informed that the tenant paid a premium of £60,000 to purchase the lease.

Note 2: The freehold will be offered to the Purchaser after the flat has been sold.

£16,000 per annum VENDOR’S SOLICITORS W T Jones – Tel: 020 7405 4631

Ref: P Hambleton Esq – Email: [email protected] The Surveyors dealing with this property areJOHN BARNETT and MATTHEW BERGER FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

21

82 MARKET PLACE.indd 1 14/04/2011 14:56

22

The Surveyors dealing with these properties areJOHN BARNETT and MATTHEW BERGER

LOTS

SITUATIONIn the centre of Leominster, which is a historic market town which lies approximately 15 miles north of Hereford and 22 miles west of Kidderminster. The properties are just off West Street which includes Halifax, Lloyds Pharmacy and Specsavers and are opposite a large Co-operative Supermarket and an Aldi (with a free 2 hour car park for shoppers) and the Bus Station. In addition, Black Swan Walk is the main link between the Co-operative Supermarket and the town centre.

PROPERTIESBuilt in the 1990’s each comprising a Ground Floor Shop with internal access to a First Floor Office. In addition, the properties benefit from rear access and Shop No. 5 includes a parking space.

VAT is NOT payable in respect of these Lots

FREEHOLD

15–171, 3 & 5 Black Swan Walk,Leominster, Herefordshire HR6 8HU

To Be OfferedAs 3 Separate Lots

6 WEEK COMPLETION

Lot 15 Lot 16 Lot 17

View towards property from supermarket

1 3 & 5 BLACK SWAN WALK.indd 1 14/04/2011 14:22

FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUEThe successful Buyer will be liable to pay the Auctioneers an administration

fee of £275 (including VAT) upon exchange of contracts23

VENDOR’S SOLICITORS W T Jones – Tel: 020 7405 4631

Ref: P Hambleton Esq – Email: [email protected]

6 WEEK COMPLETION

15–17LOTS1, 3 & 5 Black Swan Walk,

Leominster, Herefordshire HR6 8HU

TENANCIES & ACCOMMODATIONLot Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks

Lot 15Reserve Below£65,000

No. 1 Ground Floor ShopGross Frontage 19'10"Internal Width 18'7"Shop Depth 25'7"WCFirst Floor Office17'0" x 7'3"WC

P.Meredith(Opticians having2 branches)

6 years from 22nd September 2008

£5,250 FRIRent Review September 2011


No. 3 Ground Floor ShopGross Frontage 13'3"Internal Width 12'8"Shop Depth 25'6"First Floor Office16'10" x 10'0"WC

B. Jones(Fashion & Tailoring)

5 years from 21st November 2008

£5,250 FRIRent Review November 2011


No. 5 Ground Floor ShopGross Frontage 20'4"Internal Width 19'5"Shop Depth 25'6"First Floor Office19'10" x 14'6"WCPlus 1 Parking Space

Beelmont Services Ltd(with Guarantor)(Double Glazing)

6 years from29th September 2008

£5,000 FRIRent Review September 2011

Lot 15 Lot 16 Lot 17

1 3 & 5 BLACK SWAN WALK.indd 2 14/04/2011 14:22

LOT 18 Brooksby Mews, Islington, London N1 1EZ

Reserve Below £200,000ON BEHALF OF THE

LONDON BOROUGH OF

SITUATIONLocated in this popular and sought after residential area with direct access from off Brooksby Street, close to the junction with Liverpool Road, and within close proximity to the excellent shopping facilities, bars and restaurants in Upper Street and High Street. In addition, the area is well served by good public transport with Highbury & Islington Station (Victoria and Mainline) and Angel Underground Station (Northern Line) both nearby.

PROPERTYA gated Irregular Shaped Strip of Land of approximately 13,000 sq ft (0.3 acres) situated behind the rear of a number of residential properties in Brooksby Street and Bewdley Street (See Note 1). The land includes 18 Garages of varying sizes together with a WC situated upon its eastern section (which may provide covered parking for approx 20 cars.) VAT is NOT payable in respect of this Lot

FREEHOLD

£6,178.56 pa plus 8 Garages (2 Vacant) The Surveyors dealing with this property areSTEVEN GROSSMAN and JOHN BARNETT

6 WEEK COMPLETION

24

View of entrance to Brooksby Mews

BROOKSBY MEWS.indd 1 14/04/2011 15:40

LOT 18Brooksby Mews, Islington, London N1 1EZ

Note 1: Some of the rear gardens of the adjoining properties may have encroached on to the Property without the consent of the Vendor and the Property is being offered with any rights that may exist thereon and the Purchaser shall buy with such knowledge.

Note 2: A detailed schedule specifying each individual tenancy is available from the Auctioneers upon request.

Note 3: There may be potential for residential or commercial development, subject to obtaining full vacant possession and the necessary consents. Please refer to the Auctioneers for the Informal Planning Guidance Note supplied by the London Borough of Islington and the Special Conditions of Sale.

Note 4: There may be potential to offer garden extensions to some adjoining home owners in Brooksby Street and Bewdley Street.

Note 5: The Special Conditions of Sale provide that the Purchaser is to pay an additional sum of 3.75% of the purchase price in respect of the Vendor’s costs.

VENDOR’S SOLICITORS Islington Council Legal Department - Tel: 020 7527 3410

Ref: E. Soetan, Esq - Email: [email protected]



TENANCIES & ACCOMMODATION (See Note 2)Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks

Garage Nos. 1a, 1b, 1c, 1e/1f, 5a, 5b, 7c, 8a, 8b & 8c

10 Garages (Some without divisions)

Various Each Periodic Licences £6,178.56

Garage Nos.1d & 7a/7b

2 Garages (without divisions) VACANT

Garage Nos. 9a/9b, 9c/9d, 10a/10b, 10c/10d,11a & 11b

6 Garages Refer to Special Conditions of Sale

TOTAL£6,178.56 plus

8 Vacant Garages

Key Only Ground Floor

included with Freehold

© CROWN COPYRIGHT. All rights reserved. Licence number 100040809 – Plan not to scale

BROOKSBY MEWS.indd 2 14/04/2011 15:40

LOT 19 30 Market Place, East Dereham, Norfolk NR19 2AP


SITUATIONLocated on the principal shopping street in the centre of this attractive market town, adjacent to Specsavers and amongst such other multiples including NatWest, Boots, Betfred, Subway and Johnson Dry Cleaners.East Dereham lies 16 miles west of Norwich and 26 miles east of King’s Lynn, enjoying good road communications with the A47 and the A1075.

PROPERTYA mid terraced building comprising a Deep Ground Floor Shop with separate rear access to a Self-Contained Maisonette on the First and Second Floors. In addition, the property benefits from parking at the rear for 5 cars.

ACCOMMODATIONGround Floor ShopGross Frontage 27'6"Internal Width 24'11"Shop Depth 44'7"Built Depth 127'11"Sales Area Approx 1,090 sq ftWCRear Offices, Boardroom andStore Area Approx 740 sq ftTotal Area Approx 1,830 sq ft

First & Second Floor Maisonette6 Rooms, Kitchen, Bathroom, Separate WC


FREEHOLD

TENANCYThe entire property is let on a full repairing and insuring lease to Countrywide Estate Agents (having approx 1,300 estate agency or letting offices operating under 46 local high street brands) (T/O for Y/E 31/12/09 £302.6 m,Pre-Tax Profit £24.5 m and Net Worth £119.2 m) for a term of 5 years from 25th March 2011 (renewal of a previous lease – in occupation for over 10 years) at a current rent of £25,000 per annum exclusive.



Ref: C. Maxwell Esq - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

26

View from opposite the property

© CROWN COPYRIGHT. All rights reserved.Licence number 100040809 – Plan not to scale

30 MARKET PLACE.indd 1 14/04/2011 14:37

LOT 20 18 Station Parade,Cockfosters Road, Cockfosters, Hertfordshire EN4 0DW

Reserve Below£1,000,000

SITUATIONIn this popular shopping centre serving the affluent surrounding residential area which includes such multiples as HSBC, Prezzo, Ladbrokes and Lloyds TSB and being within ¼ mile of Cockfosters Underground Station (Piccadilly Line)


PROPERTYA terraced property comprising a Large Ground Floor Shop with large extension plus separate rear access to 2 Self-Contained Flats above. In addition, the property benefits from use of a rear service road.

FREEHOLD

£72,800 per annum VENDOR’S SOLICITORSCharles Ross Solicitors - Tel: 020 8370 7750

Ref: T Petrou Esq - Email: [email protected]

The Surveyors dealing with this property areMATTHEW BERGER and JONATHAN ROSS FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

27


Ground Floor Shop

Gross Frontage 24'2Internal Width 23'7Shop and Built Depth 83'4WC

Revive Bathrooms Ltd(with guarantor)(Bathroom Showroom)

10 years from 15th October 2010

£41,000 FRIRent Review 2015£20,500 Rent Deposit held

No.18a(First & Second Floor Flat)

4 Rooms, Kitchen, Bathroom/WC Individuals 1 year from 22nd October 2010

£16,200 AST

No.18b(First Floor Flat)

4 Rooms, Kitchen, Bathroom/WC Individuals 1 year from 12th September 2010

£15,600 AST

TOTAL £72,800

18 STATION PARADE.indd 1 14/04/2011 14:41

LOT 21 2 Monks Avenue, New Barnet,Hertfordshire EN5 1DB


SITUATIONLocated at the junction with Calton Road in this highly sought after residential area which lies approximately ½ mile from Oakleigh Park Mainline Station and 1 ¼ miles from High Barnet Underground Station (Northern Line).New Barnet is a popular north London suburb located between High Barnet and Whetstone some 11 miles from central London with easy access to the M25 (Junction 23).

PROPERTYA corner property comprising an Unmodernised 3 Bed Semi-Detached House planned on ground and first floors. The property benefits from UPVC double glazing and gas central heating (not tested) and also includes a Front Garden and a 95 ft Rear Garden.


FREEHOLD offered with FULL VACANT POSSESSION

ACCOMMODATIONGround Floor:Front RoomRear RoomKitchenFirst Floor:Bedroom 1Bedroom 2Bedroom 3BathroomSeparate WC95 ft Rear Garden

Rooms sizes available from the Auctioneers upon request.

Note: There may be potential to extend the property at the side, rear and into the loft and/or residential development on the rear garden, all of which is subject to obtaining the necessary consents.

Vacant Unmodernised3 Bed House The Surveyors dealing with this property areSTEVEN GROSSMAN and JOHN BARNETT FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


FIRST TIME ON THE MARKETFOR APPROX 40 YEARS6 WEEK COMPLETION

28

JOINT AUCTIONEERSGeorge Eckert, 1–5 Summerland Gardens, Muswell Hill,

London N10 3QN Tel: 020 8883 3232 Ref: Ms Anna EckertVENDOR’S SOLICITORS

Male & Wagland – Tel: 01707 657 171Ref: R. Male Esq – Email: [email protected]


2 MONKS AVENUE.indd 1 14/04/2011 14:19

LOT 22 Plumb Center & Parts Center, Hawkins Lane, Burton-on-Trent, Staffordshire DE14 1PT


SITUATIONLocated in this established industrial estate amongst multiples such as Plumbase, Pipe Centre and Hewden Plant Hire, only 1 mile from the town centre and benefiting from excellent road links via the A38 and A511 which leads directly to the M1 (Junction 22).Burton upon Trent is located 28 miles north east of Birmingham and 11 miles south west of Derby.

PROPERTYA Substantial Detached Industrial Unit comprising a Warehouse, Trade Counter and Showroom Accommodation. The property benefits from shutter doors and parking for approximately 15 cars.

ACCOMMODATIONSite Area Approx 0.43 AcresTrade Counter/Warehouse Area Approx 7,620 sq ft


TENURELeasehold for a term of 999 years from 18th January 2007 at a peppercorn.

TENANCYThe entire property is let on a full repairing and insuring lease (subject to a schedule of condition) to Wolseley UK Limited (T/O for half year to 31 Jan 2011 £1.22 bn & Pre-Tax Profit £51 m) (part of Wolseley PLC (T/O for half year to 31 Jan 2011 £6.29 bn, Pre-Tax Profit £195 m and Net Assets £3.3 bn) for a term of 15 years from 18th January 2007 at a current rent of £41,955 per annum exclusive (See Note 1).

Rent Reviews 5 yearly with fixed uplifts at 2% compounded as follows:From January 2012 (Fixed Increase) £41,955 p.a.From January 2017 (Fixed Increase) £46,322 p.a.

TENANT PROFILEWolseley UK Ltd is a FTSE 100 company, the largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials to the professional market. They operate from 4,400 branches in 25 countries worldwide and have 47,000 emplyees. (Source www.wolseley.com).

Note 1: The current is £38,000 p.a. The vendor will make up the rent shortfall until the January 2012 Rent Review.

Note 2: There is an option to purchase the Freehold interest for £1 after 18th January 2033.

Note 3: The tenant will have an option to renew the lease, at open market value, subject to a minimum of 12 months’ notice.

£41,955 per annum VENDOR’S SOLICITORS S E Law Limited - Tel: 01606 333 539

Ref: Ms Susan Edwards - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and JOHN BARNETT FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

29


PLUMB CENTRE.indd 1 14/04/2011 15:46

LOT 23 66 George Street, Altrincham, Cheshire WA14 1RN

Reserve Below £375,000

SITUATIONOccupying an excellent trading position in the heart of this prime pedestrianised retail thoroughfare amongst such multiple occupiers as Marks and Spencer, Holland and Barrett, Iceland, 02, Burton, Hennes, Next, Boots, Halifax and a host of other traders.Altrincham is a popular market town which lies some 8 miles south-west of Manchester city Centre with excellent road access via the M56 (J7/J8).

PROPERTYAn attractive property comprising a Large Ground Floor Shop with rear extension with internal and separate side access to Sales / Storage at First Floor level and further Storage at Second Floor level. In addition, the property benefits from rear access for loading and rear parking.

FREEHOLD


ACCOMMODATIONGround Floor ShopGross Frontage 15'0" Internal Width 14'5"Shop Depth 66'0" Built Depth 93'1"Sales Area Approx 1,080 sq ftStore/Kitchen Area Approx 295 sq ft2 WCsFirst Floor Sales/StorageArea Approx 475 sq ftSecond Floor StorageArea Approx 370 sq ft

TENANCYThe entire property is let on an internal repairing and insuring lease to Concept Retail Limited t/a Infinities (having 10 branches – See Note) for a term of 10 years from 3rd November 2008 at a current rent of £35,000 per annum exclusive.

Rent Review 2013

Tenant’s Break May 2014

Note: Infinities was established in 1991 and currently trades as a chain of high quality mens fashion shops which trade from 10 locations throughout the north-west. We understand that Infinities also holds exclusive rights to various upmarket brands in the areas in which their shops operate (source – www.infinities.co.uk).£35,000 per annum

The Surveyors dealing with this property areMATTHEW BERGER and JOHN BARNETT

6 WEEK COMPLETION

30

66 GEORGE STREET.indd 1 14/04/2011 15:01

LOT 2366 George Street, Altrincham, Cheshire WA14 1RN

VENDOR’S SOLICITORS Macrory Ward - Tel: 020 8440 3258

Ref: Martina Ward - Email: [email protected]




View along George Street

66 GEORGE STREET.indd 2 14/04/2011 15:01

LOT 24 41-51 Queen Street, Burslem,Stoke-on-Trent,Staffordshire ST6 3EH


INCL. 16 YEARS UNEXPIRED TO BOOTS

SITUATIONLocated close to the junction with St John’s Square which houses such multiple occupiers as Natwest, Poundstretcher, Coral and others. Burslem lies on the A50 approximately 1 ½ miles north of Stoke-on-Trent and 2 miles north-east of Newcastle-under-Lyme and benefits from good road links to the M6 (Junction 16) via the A500.

PROPERTYA substantial 3 storey building comprising 6 Ground Floor Shops each with internal access to Ancillary Store on the First Floor. In addition, there is separate side access to the entire Second Floor which is currently being used as a Martial Arts Studio. The property includes a rear service area for unloading.


FREEHOLD

£46,600 per annum The Surveyors dealing with this property areSTEVEN GROSSMAN and MATTHEW BERGER

6 WEEK COMPLETION

32

VENDOR’S SOLICITORS Gregory Abrams Davidson LLP - Tel: 020 8209 0166

Ref: C. Rumke Esq - Email: [email protected]




41-51 QUEEN STREET.indd 1 14/04/2011 14:34

LOT 2441-51 Queen Street, Burslem,Stoke-on-Trent,Staffordshire ST6 3EH

6 WEEK COMPLETION

33


Unit 41(Ground Floor Shop & First Floor Offices / Store)

Ground Floor ShopInternal Width 16'2"Built Depth 62'4"First Floor Store / StaffArea Approx 1,025 sq ft2 WCs

Boots Properties plc(T/O for Y/E 31/3/10£19.2 m, Pre-Tax Profit £9.1 m and Net Worth £1.05 bn)

63 years from24th June 1964

£11,000 FRI

Unit 43(Ground Floor Shop & First Floor Store) plus entire Second Floor

Ground Floor ShopInternal Width 14'5"Built Depth 35'1"WCFirst Floor StoreArea Approx 267 sq ft*Second FloorArea Approx 2,056 sq ft*WC

D. Clark(Sportswear (See Note) & Second Floor Martial Arts Studio)

5 years from7th February 2011

£9,000 FRIAnnual Tenant’s Break.Note: We understand the leesee intends to use the shop for the sale of sportswear in due course, but is currently concentrating on the Martial Arts business in the first instance.

Unit 45(Ground Floor Shop & First Floor Store)

Ground Floor ShopInternal Width 14'5"Built Depth 35'1"WCFirst Floor StoreArea Approx 280 sq ftWC

Nusyte Optical Group Ltd(Opticians having9 branches)

5 years from6th April 2010(Renewal of

previous lease)

£6,500 FRI


Ground Floor ShopInternal Width 14'5"Built Depth 35'1"WCFirst Floor StoreArea Approx 225 sq ftWC

Wright’s Pies (Shelton) Ltd(having approx 17 branches)(T/O for Y/E 04/1/10£30.1 m, Pre-Tax Profit £2.6 m and Net Worth £12.4 m)

25 years from29th September

1986

£6,100 FRI


Ground Floor ShopInternal Width 14'6"Built Depth 35'1"WCFirst Floor StoreArea Approx 290 sq ft

Corben Travel Ltd 6 years from24th June 2010

£7,000 FRIRent Review 2012


Ground Floor ShopInternal Width 20'0" (max)Built Depth 42'0"WCFirst Floor StoreArea Approx 772 sq ft*

Mr Khan (Pizza Takeaway)

5 years from8th October 2010

£7,000 FRI

TOTAL £46,600*Not inspected – Area supplied by Vendor

41-51 QUEEN STREET.indd 2 14/04/2011 14:34

LOT 25 86 High Street, Hoddesdon, Hertfordshire EN11 8HD


SITUATIONIn the pedestrianised section of the town centre, opposite Boots and close to Tesco Express, William Hill, Peacocks, Caffe Nero, Lloyds TSB, Specsavers and Clinton Cards.Hoddesdon is a market town only 18 miles from Central London, 8 miles north of Enfield and conveniently situated for the M25 and M11.

PROPERTYA substantial corner building comprising a Ground Floor Shop with Basement Sales/Ancillary plus separate side access to 2 Self-Contained Flats above.


FREEHOLD

£41,670 per annum VENDOR’S SOLICITORS Ingram Winter Green - Tel: 020 7845 7400

Ref: M Compton Esq - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS AND NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

34


Ground Floor Shop & Basement

Gross Frontage 17'7"Internal Width 16'7"Shop & Built Depth 71'3"Sales Area Approx 1,100 sq.ftBasementSales/Storage Area Approx 750 sq.ftWCTotal Area Approx 1,850 sqft

S Barker, S Barker& J Barker(Electrical Goods)(Having 2 branches)

15 years from 10th December 2007

£27,750 FRIRent Reviews 2012& 2017.Tenant has been in occupation approx. 9 years

No 86A(First Floor Flat)

2 Rooms, Kitchen, Bathroom/WC Individual 6 months from9th August 2010

£7,320 AST Holding over

No 86B(Second Floor Flat)

2 Rooms, Kitchen, Bathroom/WC 2 Individuals 6 months from18th January 2011

£6,600 AST

TOTAL £41,670

View Opposite the Property

86 HIGH STREET.indd 1 14/04/2011 14:54

LOT 26 421 Hessle Road, Hull, East Riding of Yorkshire HU3 4EH

Guide Price £200,000+

SITUATIONOn this busy main road close to the junction with Gillett Street close to a Wilkinson, Motor World and Asda Supermarket serving the surrounding mixed commercial and residential area.Hull is an important port and commercial centre situated approximately 60 miles to the east of Leeds and 38 miles to the south-east of York with easy access via the M62 and A63.

PROPERTYA corner property comprising a Ground Floor Betting Shop with separate rear access to a Self-Contained Maisonette on the first and second floors. In addition, the property benefits from 1 parking space at the rear.


FREEHOLD

£15,500 per annum

Plus Vacant Maisonette VENDOR’S SOLICITORS WGS - Tel: 020 7723 1656

Ref: J. Shapiro Esq - Email: [email protected] The Surveyors dealing with this property areMATTHEW BERGER and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

35


Ground Floor Shop

Gross Frontage 22'3"Internal Width 19'8"Shop Depth 44'7"Built Depth 59'11"WC

Coral Racing Limited(Having approx 1,600 branches)

15 years from5th April 2011

(Renewal of previous lease)

£15,500 FRIRent Reviews 2016 and 2021

First & Second Floor Maisonette

3 Rooms, Kitchen/Diner,Bathroom/WC VACANT

TOTAL £15,500 plus Vacant Flat

421 HESSLE RD.indd 1 14/04/2011 15:41

LOT 27 2 Malden Road, Kentish Town, London NW5 3HS


SITUATIONOccupying a prominent position at the corner of Prince of Wales Road in this popular location midway between Kentish Town and Chalk Farm. VAT is NOT payable in respect of this Lot

PROPERTYA corner property currently arranged as a Ground Floor Shop and Basement plus separate front access to7 Self-Contained Studio Flats.

FREEHOLD

£54,121.72 per annum VENDOR’S SOLICITORS Ingram Winter Green - Tel: 020 7845 7402

Ref: N Green Esq - Email: [email protected] The Surveyors dealing with this property areMATTHEW BERGER and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

36


Ground Floor Shop and Basement

Not Inspected 999 years from25th March 1999

£250 FRI

Ground FloorFlat 1

1 Room, Shower/WC Individual 1 year from 12th August 2010

£7,747.92 AST

First Floor Flat 2

1 Room, Shower/WC Individual 2 years from 19th June 2009

£7,539.96 AST

First Floor Flat 3

1 Room, Shower/WC Individual 1 year from11th July 2010

£7,279.92 AST

First Floor Flat 4

1 Room, Shower/WC Individual 2 years from 6th April 2011

£8,424 AST

Second FloorFlat 5

1 Room, Shower/WC Individual 2 years from 1st September 2009

£7,800 AST

Second FloorFlat 6

1 Room, Shower/WC Individual 2 years from 17th September 2009

£7,800 AST

Second FloorFlat 7

1 Room, Shower/WC Individual 1 year from 26th October 2010

£7,279.92 AST

TOTAL £54,121.72

2 MALDEN RD.indd 1 14/04/2011 15:32

LOT 28 The Misty Moon, 27 Green Lane,Northwood, Middlesex HA6 2PX

Reserve Below£1,200,000

SITUATIONLocated in this attractive retail thoroughfare occupying a prominent corner position at the junction with Dene Road, adjacent to Prezzo and amongst such multiple traders including Ask, NatWest, Santander, hob, Costa Coffee and Waitrose and within close proximity to Northwood Underground Station (Metropolitan Line). There is also a public car park within a few yards of the property.Northwood is a prosperous and sought after residential suburb which lies approximately 14 miles north-west of central London and 4 miles to the M25 (Junction 18).

PROPERTYA substantial corner property comprising a Ground Floor Public House together with separate side access to a Dental Surgery on the First Floor and a Self-Contained Flat on the Second Floor. In addition, the property includes a rear loading area.


FREEHOLD

ACCOMMODATIONGround Floor Public HouseTotal Gross Frontage 95'0Pub Area incl. WC’s GIA Approx 1,950 sq ftKitchen GIA Approx 250 sq ftBeer Store GIA Approx 365 sq ftFirst Floor Plant Room GIA Approx 230 sq ftFirst Floor Dental/Doctors SurgeryGIA incl. WC Approx 805 sq ftSecond Floor Flat3 Rooms, Kitchen,Bathroom, sep. WCGIA Approx 805 sq ftTotal GIA Approx 4,405 sq ft

TENANCYThe entire property is let on a full repairing and insuring lease to J D Wetherspoon plc (having approx 740 pubs) (T/O for Y/E 25/7/10 £996.3 m, Pre-Tax Profit £60.5 m and Net Worth £155.4 m) for a term of 35 years from 2nd October 1992 (expires 2027) at a current rent of £68,000 per annum exclusive.

Rent Reviews 2012 and 5 Yearly

Note: The entire property has been sublet for 35 years (less 3 days) from 2/10/92 to Quillrise Limited (with personal guarantor) at £68,000 p.a. and we are advised that the guarantor also operates 9 other pub outlets.

£68,000 per annum VENDOR’S SOLICITORS Stones Solicitors – Tel: 020 7935 4848

Ref: R. Stone Esq – Email: [email protected] The Surveyors dealing with this property areSTEVEN GROSSMAN and JOHN BARNETT FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


OVER 16 YEARS UNEXPIREDTO J D WETHERSPOON PLC

6 WEEK COMPLETION

37

27 GREEN LANE.indd 1 14/04/2011 14:39

LOT 29 38 & 40/42 High Street, Newport, Shropshire TF10 7AQ


SITUATIONOccupying a prime position in the town centre adjacent to a B & M and M & Co, opposite a Nationwide and amongst a host of multiples including Clarks, Boots and Natwest as well as fronting a Waitrose Supermarket. Newport is located 35 miles north-west of Birmingham benefiting from good road access being 10 miles from the M6 (Junction 13) and 9 miles north of the M54 (Junction 3) via the A41.

PROPERTYTwo adjoining terraced buildings comprising:No. 40/42 – A Ground Floor Shop with Ancillary Accommodation (currently no access) and a separateSelf-Contained Rear Ancillary Building.

No. 38 – A Self-Contained Maisonette together with a Ground Floor Passageway (See Notes 2 and 3) which connects the High Street with the Town Centre Car Park and the Waitrose Supermarket/Car Park.


FREEHOLD

£25,700 per annum

Plus Vacant Parts The Surveyors dealing with this property areNICHOLAS BORD and MATTHEW BERGER

6 WEEK COMPLETION

38

Rear Ancillary Building

View of Passageway Towards the Property

38 HIGH ST.indd 1 14/04/2011 15:36

LOT 2938 & 40/42 High Street, Newport, Shropshire TF10 7AQ

VENDOR’S SOLICITORS Sheltons - Tel: 0115 955 3444

Ref: J Kujawinski - Email: [email protected]




No. 40(Ground Floor Shop)

Gross Frontage 16'2"Internal Width 5'10"Shop Depth 35'2"Built Depth 50'1"WC

Subway Realty Ltd(Having 1,100 branches)(T/O for Y/E 31/12/09 £24.8m, Pre-Tax Profit £651,000 and Net Worth £1.9m)

10 years from 6th September 2007

£20,000(See Note 1)

FRI£5,000 Rent Deposit heldNote 1: The current rent is £17,000 p.a with a fixed uplift in September 2012 to £20,000 p.a. The vendor will make up the shortfall on completion.

No. 40(First & Second Floor Ancillary)

Not Inspected

VACANTThere may be potential to convert into Residential subject to obtaining the necessary consents – See Note 2

No. 42(Rear Ancillary Building)

Area Approx 560 sq.ft(Not Inspected by Barnett Ross) VACANT

There may be potential to convert to Retail or Offices subject to obtaining the necessary consents – See Note 2

No. 38 (First &Second FloorMaisonette)

3 Rooms, Kitchen,Bathroom/WCplus Parking Space

2 Individuals 1 year from 29th October 2010

£5,700 AST

TOTAL£25,700

Plus Vacant Parts

Note 2: There is a restrictive covenant over the passageway of 38 High Street. Please refer to the Special Conditions of Sale for further information.

Note 3: Waitrose are responsible for the maintenance of the passageway.


38 HIGH ST.indd 2 14/04/2011 15:36

LOT 30 208 Essex Road, Islington, London N1 3AP


SITUATIONLocated close to the junction with New North Road within this well established retail parade which includes a Post Office, Costcutter and William Hill, being only a short distance from Upper Street, serving the surrounding residential area and diagonally opposite Essex Road Mainline Station.Islington is a very fashionable and sought after mixed commercial and residential area conveniently situated midway between the West End and City.

PROPERTYForming part of a terraced retail parade comprising a Ground Floor Shop with internal access to a Basement.

ACCOMMODATIONGround Floor ShopGross Frontage 16'7"Internal Width 15'9" narrowing to 12'0" at rearShop Depth 33'0"BasementStorage Area Approx 315 sq ftWC



TENANCYThe property is let on a repairing and insuring lease to Julie Horrigan as a Coffee Shop and Florist for a term of 8 years from 5th November 2008 (in occupation since 2003) at a current rent of £13,000 per annum exclusive.

Rent Review 2013


£13,000 per annum VENDOR’S SOLICITORSHamlins LLP - Tel: 020 7355 6000

Ref: Ms Yvonne Raymond - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


40

6 WEEK COMPLETION

208 ESSEX ROAD.indd 1 14/04/2011 15:44

LOT 31 Colwyn Bay Service Station, Abergele Road, Colwyn Bay, Conwy LL29 9YG


SITUATIONLocated on the main A547 Abergele Road close to its junction with the A55 North Wales Coastal expressway which provides the main road access to and from Colwyn Bay.Colwyn bay is a popular seaside resort on the North Coast of Wales approximately 30 miles south-west of Liverpool and 35 miles west of Chester.

PROPERTYA large site upon which stands a Petrol Station Forecourt plus a modern Ground Floor Supermarket with internal access to a Managers Office at first floor.

ACCOMMODATIONSite Frontage: 225' (max)Site Depth: 87'6" (max)Site Area: Approx 0.425 acres

SUPERMARKETGround FloorGross Frontage 88'0"Internal Width 86'2"Built Depth 40'3"Ground Floor GIA Approx 3,400 sq ft2 WCsFirst FloorManagers Office – Not inspected-believed to be circa 120 sq ft


FREEHOLD

TENANCYThe entire property is let on a full repairing and insuring lease to Co-operative Group (CWS) Limited (See Tenant Profile) for a term of 15 years from 3rd November 2007 at a current rent of £70,000 per annum exclusive.

Rent Reviews 2012 (capped at £80,000 per annum) and 2017

Tenant’s Break 2017

Note: The Tenant has an option to extend the lease for a further 15 years.

TENANT PROFILECo-operative Group (CWS) Limited is now known asCo-operative Group Limited. Their latest interim results for the 26 weeks ended 3rd July 2010 report a Group revenue of £6.9 bn (8% increase), underlying profit before payments to and behalf of members (equivalent to Pre-Tax Profits) of£260 m (17% increase) and members funds of £4.5 bn(14% increase). Source: www.co-operative.coop

£70,000 per annum VENDOR’S SOLICITORS Neil Myerson LLP - Tel: 0161 941 4000

Ref: C Porter Esq - Email: [email protected] The Surveyors dealing with this property areMATTHEW BERGER and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

41


COLWYN BAY SERVICE STATION.indd 1 14/04/2011 15:39

LOT 32 1 The Green, Letchmore Heath, Hertfordshire WD25 8ER


SITUATIONIn this delightful Green Belt setting overlooking the picturesque Green with its pond and Public House conveniently placed between Radlett and Aldenham with easy access to Junction 5 of the M1.

PROPERTYAn attractive detached post-war 2 Storey House that has been extended and refurbished to a high specification to provide 3 Bedrooms, 2 Bathrooms and Loft Office / 4th Bedroom fitted with Velux windows folding into a dormer balcony.There is a single Garage (including utility area) and full length Car Port plus off street parking area and a good size rear Garden with ample decking and barbeque enclosure.



Vacant 3/4 Bed House The Surveyors dealing with this property areJOHN BARNETT and STEVEN GROSSMAN

6 WEEK COMPLETION

42

1 THE GREEN.indd 1 14/04/2011 14:22

LOT 321 The Green, Letchmore Heath, Hertfordshire WD25 8ER

VENDOR’S SOLICITORS Longmores - Tel: 01992 300333

Ref: C Pease Esq - Email: [email protected]



ACCOMMODATION

Ground FloorLounge/Dining open plan with full length concertinadoors to patioTV Room/Study (front)Kitchen (open plan)WC

First Floor3 Bedrooms including en-suite bathroomwith Jacuzzi bath and double vanity unitSeparate Shower Room/ WC

Loft Room23ft long

Total GIA Approx 1,645 sq ft

AMENITIES

• Luxury Kitchen incl. Neff dishwasher, washing machine & fridge/freezer

• Blinds & curtains included

• UPVC double glazing

• Underfloor heating to Bathroom and Shower Room

• Jacuzzi bath

1 THE GREEN.indd 2 14/04/2011 14:22

LOT 33 10 Hornsey Road,Holloway, London N7 7BP

Guide Price£130,000–£140,000

SITUATIONLocated close to the junction with the Holloway Road only a minutes walk from Arsenal’s Emirates Stadium and Holloway Road Underground Station (Piccadilly Line), opposite the London Metropolitan University and serving this highly sought after residential area, just ½ mile from Highbury Corner which leads to Islington’s fashionable Upper Street.

PROPERTYForming part of an end of terraced building comprising a Ground Floor Sandwich Bar/Café with side Prep Area behind the adjoining shop.

ACCOMMODATIONGround Floor Sandwich Bar/CaféGross Frontage 15'0" Internal Width 14'10"Shop Depth 22'1" Built Depth 32'4"Side Prep Area Approx 120 sq ftWC



TENANCYThe property is let on a full repairing and insuring lease toG Goumal & J Goumal as a sandwich bar/café for a term from 1st March 2007 to the 24th December 2018 at a current rent of £9,000 per annum exclusive.

Rent Review December 2009 (Outstanding) & 3 yearly

Note 1: The lessees have been in occupation for approx 7 years.



Ref: C. Maxwell, Esq – Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

44

The Property

Emirates Stadium

10 HORNSEY ROAD.indd 1 14/04/2011 14:42

LOT 34 8 Duncan Street, Islington,London N1 8BW

Guide Price£215,000 – £225,000

SITUATIONLocated close to the junction with Upper Street and High Street in an established local parade within the heart of Islington and only a few hundred yards from Angel Underground Station (Northern Line).Islington is a very fashionable and sort after mixed commercial and residential area conveniently situated midway between the West End and City.

PROPERTYForming part of a modern terraced parade comprising a Ground Floor Shop with internal access to an integral Garage with an up and over door at Lower Ground Floor level leading onto a rear service road.

ACCOMMODATIONGround Floor ShopGross Frontage 16'8"Net Frontage 14'3"widening at rear to 19'11"Shop & Built Depth 39'4"WCLower GroundIntegral Garage Area Approx 165 sq ft



TENANCYThe property is let on an internal repairing and insuring lease to D Clarke & M Clarke trading as Maria’s Guys & Dolls Hair Salon for a term of 12 years from 25 December 2000 at a current rent of £19,000 per annum exclusive.

Note 1: The tenant has been in occupation for approximately 25 years.



Ref: C. Maxwell – Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

45

View towards Upper Street

8 DUNCAN STREET.indd 1 14/04/2011 14:17

LOT 35 5 & 17 High Street, Leagrave, Luton, Bedfordshire LU4 9JU


SITUATIONOccupying a busy trading position within this established parade, adjacent to Ladbrokes, close to the junction with Oakley Road and serving the surrounding residential area approximately 3 miles north-west of Luton town centre and under 1 mile from the M1 (Junction 11).Luton lies approximately 30 miles north of Central London and benefits from excellent transport links to the M1 (Junctions 10 and 11), the railway network and a major airport which is approximately 5 miles away.

PROPERTYA mid terraced building comprising a Ground Floor Shop with separate rear access to a Self-Contained Maisonette on the first and second floors. The property also includes a Garage which is situated to the rear accessed via Piggotts Lane.


FREEHOLD

£12,200 per annum VENDOR’S SOLICITORS Coley & Tilley - Tel: 0121 643 5531

Ref: G Griffiths Esq - Email: gg@coleyand tilley.co.uk The Surveyors dealing with this property areNICHOLAS BORD and MATTHEW BERGER FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

46

View towards the property



Gross Frontage 16'9"Internal Width 15'7"Shop and Build Depth 38'6"WC

Mrs N Davies(Hair Salon)

12 years from 25th March 2004

£11,000 FRIRent Review 2014

No. 17(First & Second Floor Maisonette)

Not Inspected Individual 99 years from 25th December 2002

Peppercorn FRI

Garage David Clarke 12 months from20th March 2011

£1,200 Rent fully paid in advance

TOTAL £12,200

5 HIGH ST.indd 1 14/04/2011 14:17

LOT 36 254 London Road, Waterlooville, Hampshire PO7 7HG


SITUATIONOccupying a prominent trading position within the town’s main retail thoroughfare adjacent to The Salvation Army, opposite Ladbrokes and Your Move and amongst such other multiples as Subway, Dorothy Perkins, Barnardo’s and Barclays. In addition, the property is located within a 100 yards from the junction with the pedestrianised section of London Road which houses a variety of traders including Boots, Superdrug and Peacocks.Waterlooville is a popular town lying some 7 miles north-east of Portsmouth and enjoying excellent road access via the A3 to the M27 motorway.

PROPERTYAn end of terrace building comprising a Double Fronted Ground Floor Shop with separate rear access to 2 Self-Contained Flats at first floor level. In addition, the property includes 3 intercommunicating Garages with up-and-over doors, an allocated parking space and use of a rear service area for unloading.


FREEHOLD

£24,100 per annum VENDOR’S SOLICITORS Mishcon de Reya - Tel: 020 7440 7000

Ref: P Freedman Esq - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

47

View from the property


Ground Floor Double Shop & 3 Garages

Ground Floor Double ShopGross Frontage 31'5"Internal Width 28'9"Shop Depth (max) 89'10" Built Depth 100'9"Sales & Store Area Approx 2,205 sq ftKitchen & WC3 GaragesArea Approx 410 sq f

N Troward(T/A CLIX)(Furniture Shop)

15 years & 8 months from 15th December

2010

£24,000 FRI by way of service chargeRent Reviews 2016 & 5 yearlyTenant’s Break 2018

First Floor (2 Flats)

Not inspected Various Each 125 years from 25th March 2005

£100 Each FRI by way of service chargeRent doubles every 25 years

TOTAL £24,100

254 LONDON RD.indd 1 14/04/2011 15:44

LOT 37 34/35 Clerkenwell Green, Clerkenwell, London EC1R 0DU

Guide Price £280,000 – £290,000

SITUATIONLocated close to the junction with Farringdon Lane with this attractive tree-lined square which comprises of a number of commercial and residential occupiers including media users and the Royal Philharmonic Orchestra. Hatton Garden is less than ¼ mile away and the area is well served by good public transport routes being within close proximity to Farringdon Station (Mainline, Hammersmith & City, District and Metropolitan Lines).

PROPERTYForming part of an attractive mid-terraced building comprising a Ground Floor Double Shop.

ACCOMMODATIONGround Floor Double ShopGross Frontage 39'3"Return Frontage 9'3"Internal Width 37'3"Shop Depth 22'5"WC



TENANCYThe property is let on a full repairing and insuring lease to Bangle Bar Ltd trading as The Lesley Craze Gallery (See Notes 1 and 2) for a term of 6 years from 24th October 2007 at a current rent of £21,000 per annum exclusive.

Note 1: The lessee has been in occupation for 24 years and also occupies the adjoining shop at No. 33 (which intercommunicates with No. 34) but this is not included with the leasehold interest being offered.

Note 2: The Lesley Craze Gallery is an internationally recognised showcase for contemporary jewellery, metalwork and textiles (Source: www.lesleycrazegallery.co.uk).


£21,000 per annum VENDOR’S SOLICITORSHamlins LLP - Tel: 020 7355 6000

Ref: C. Maxwell - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

48

View opposite the property

34-35 CLERKENWELL GREEN.indd 1 14/04/2011 14:37

LOT 38 80/96 Thames Avenue, Swindon, Wiltshire SN25 3NT


SITUATIONLocated close to the junction with Trent Road within this established neighbourhood shopping parade, adjacent to a Premier Convenience Store and approximately 3 miles north of the town centre.Swindon is a busy commercial centre enjoying easy access to the M4 at Junctions 15 and 16 midway between Reading and Bristol.

PROPERTYA terraced property comprising a Ground Floor Shop with separate front access to a rear communal balcony leading to a Self-Contained Flat on the First Floor. In addition, the property benefits from use of a front shoppers’ car park and a rear service road.

VAT is NOT payable in respect of this Lot FREEHOLD

£6,530 per annum VENDOR’S SOLICITORS WSG - Tel: 020 7723 1656

Ref: J Shapiro - Email: [email protected] The Surveyors dealing with this property areMATTHEW BERGER and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

49



Gross Frontage 21'2"Internal Width 20'1"Shop & Built Depth 57'10"Sales Area Approx 1,150 sq ft3 WC’s

Ganton House Investments Ltd(t/a Ladbrokes)(T/O for Y/E 31/12/09 £21 m, Pre-Tax Profit £3.6 m and Net Worth £12.5 m)

25 years from1st January 1991

£6,500 FRIRent Review 2011 (Outstanding – Landlord quoted £12,000 p.a.)

No. 96(First Floor Flat)

Not Inspected Individual 99 years from 1987 £30 FRIRent Doubles every 33 yearsValuable reversion in 75 years.

TOTAL £6,530

View of Entire Parade

The Property

80 THAMES AVE.indd 1 14/04/2011 14:56

LOT 39 23/24 Bennetts Hill, Birmingham, West Midlands, B2 5QP

Reserve Below £1,800,000

21 YEARS UNEXPIRED TO PUNCH TAVERNS

SITUATIONOccupying a prominent position directly close to the junction with the prime shopping facilities of New Street and approximately 100 metres from Colmore Row, the centre of Birminghams banking District. Nearby multiple occupiers include Boots, Pret-a-Manger, Cafe Rouge, Superdrug, Bella Italia, Subway and a host of others .

PROPERTYAn impressive property of traditional construction comprising a Large Ground Floor Public House with separate front access to Self-Contained Offices above which are to be sold off on a long lease.

ACCOMMODATIONPublic HouseGround Floor GIA Approx 3,364 sq ftBasement Storage GIA Approx 2,480 sq ftMezzanine GIA Approx 1,000 sq ft


First to Fifth Floor OfficesNot inspected


FREEHOLD

TENANCYThe Ground Floor Public House is let on a full repairing and insuring lease to Punch Taverns (PGRP) Limited for a term of 35 years from 13th January 1997 (See Note) at a current rent of £117,000 per annum exclusive, with Rent Reviews in 2012 and 5 Yearly thereafter.

The Offices on the First to Fifth Floors are to be let on a full repairing and insuring lease for a term of 999 years from completion at a Peppercorn ground rent.

Note: The tenant originally took a 25 year lease from 1997, but requested a 10 year extension in 2007.

TENANT PROFILEPunch Taverns is a one of the leading pub companies in the UK with a core estate of 6,770 leased and managed pubs. They currently have a ICC Risk Score of 84 representing ‘Confidence. Low Risk Potential’ – an increase from 80 in 2009. (source www.icc.co.uk).

£117,000 per annum The Surveyors dealing with this property areMATTHEW BERGER and JONATHAN ROSS

6 WEEK COMPLETION

50View from the Property

23 BENNETTS HILL.indd 1 14/04/2011 14:40

LOT 3923/24 Bennetts Hill, Birmingham, West Midlands, B2 5QP

VENDOR’S SOLICITORS Winchesters – Tel: 0800 634 4679

Ref: N Chowdery Esq- Email: [email protected]




23 BENNETTS HILL.indd 2 14/04/2011 14:40

LOT 40 2 Market Street, Watford,Hertfordshire WD18 0PD

SITUATIONLocated at the corner of Market Street and Wellstones, opposite The Co-Operative Bank and just yards from the junction with High Street and Market Place which fronts the Harlequin Centre. Nearby multiples include Ask, Nat West. Coral, Papa Johns, Travelodge and many others.Watford is a busy commercial centre located between Bushey and Rickmansworth, enjoying easy access from the M1(J5) and the M25 (J19) some 20 miles northwest of Central London.

ACCOMMODATIONGround Floor ShopGross Frontage 27'8" Internal Width 24'6" MaxShop Depth 36'11" Built Depth 53'1"Sales Area Approx 600 sq ft Store Area Approx 105 sq ftBasementStorage Area Approx 500 sq ft WCFirst Floor – Not inspectedSecond Floor – Not inspected

PROPERTYA corner building comprising a Ground Floor Shop with Basement Storage plus separate rear access to Storage Accommodation on two upper floors.


FREEHOLD

TENANCYThe Ground Floor and Basement is let on a full repairing and insuring lease to The Jessop Group Ltd as a Photographic Centre (having over 200 branches) for a term of 10 years from 2011 at a current rent of £23,000 per annum exclusive.

Rent Review 2016 to RPI capped at 4% p.a.

Note 1: The lessee has recently carried out a major shop re-fit including a new shop front.

Note 2: The First and Second Floors are offered with vacant possession.

£23,000 per annum

Plus Vacant Possession of Upper Floors The Surveyors dealing with this property areJONATHAN ROSS and NICHOLAS BORD

4 WEEK COMPLETION

52

SOLD PRIO

R

2 MARKET STREET.indd 3 14/04/2011 14:20

LOT 402 Market Street, Watford,Hertfordshire WD18 0PD

VENDOR’S SOLICITORS Glinert Davis – Tel: 020 7724 4442

Ref: D. Glinert Esq – Email: [email protected]



4 WEEK COMPLETION

53


View from Market Place towards the Property

The Property

SOLD PRIO

R

2 MARKET STREET.indd 4 14/04/2011 14:20

LOT 41 2 Reede Road, Dagenham, Essex RM10 8DP


SITUATIONOccupying a prominent trading position fronting both Reede Road and Heathway, adjacent to a Barnardos and close to branches of Nationwide, Lidl, Iceland and Swinton, as well as being within close proximity of Dagenham Heathway Station (District Line).Dagenham enjoys excellent road access via the A13 being some 12 miles east of Central London and approximately 5 miles east of the 2012 Olympic Village.

PROPERTYA substantial corner building comprising a Ground Floor Shop with separate front access to 2 Self-Contained Maisonettes at first and second floor levels.There is a rear service road allowing vehicular access for unloading.


FREEHOLD

£28,560 per annum VENDOR’S SOLICITORSBude Nathan Iwanier - Tel: 020 8458 5656

Ref: D Zysblat Esq - Email: [email protected] The Surveyors dealing with this property areMATTHEW BERGER and JONATHAN ROSS FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

54


Ground Floor Shop

Gross Frontage 46'0"Internal Width 37'6"Built Depth (Max) 36'0"WC

Agnewlight Ltd(t/a Worldchoice)

10 years from 14th April 2005

£12,000 FRI

No. 2A(First & Second Floor Maisonette)

3 Rooms, Kitchen, Bathroom/WC Cromwood Housing 3 years from 3rd September 2010

£8,280 IRI

No. 2B(First & Second Floor Maisonette)

3 Rooms, Kitchen, Bathroom/WC Cromwood Housing 3 years from 3rd September 2010

£8,280 IRI

TOTAL £28,560

2 REEDE ROAD.indd 1 14/04/2011 14:18

LOT 42 Units 3/4 Golden Court,Bridge Road, Oulton Broad, Suffolk NR32 3LU


SITUATIONLocated beneath MJB Apartments, adjacent to Winelodge and midway between Oulton Broad North Station (mainline) and Lake Lothing which is the gateway to the miles of world famous waterways and wildlife area known as Norfolk Broads.Oulton Broad lies on the A1117 approx 1 mile west of Lowestoft and 9 miles south of Great Yarmouth.

PROPERTYForming part of a modern development comprising a Ground Floor Double Shop currently arranged as aBanking Hall. The property benefits from use of a front shoppers car park, a rear car park and a service road for unloading.

ACCOMMODATIONGround Floor Double ShopGross Frontage 38'6"Internal Width 38'5"Built Depth 39'6"Rear Store Area Approx 210 sq.ft2 WCs


TENURELeasehold for a term of 125 years from 14th March 1997 at a peppercorn ground rent.

TENANCYThe property is let on a full repairing and insuring lease to NatWest Bank Plc (T/O for Y/E 31/12/09 £13.8 bn, Pre-Tax Profit £1.13 bn and Net Worth £13.5 bn) for a term of 24 years from 25th March 1990 at a current rent of £13,000 per annum exclusive.

£13,000 per annum VENDOR’S SOLICITORS Henry Hughes and Hughes - Tel: 020 8765 2700

Ref: S Mcguire Esq - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

55

3 GOLDEN COURT.indd 1 14/04/2011 15:33

LOT 43 316 St John Street, Clerkenwell, London EC1V 4NT


SITUATIONLocated close to the junction with Rosebery Avenue and near to the Sadler’s Wells Theatre, amongst a mixture of local speciality shops and residential properties. The excellent shopping facilities of Upper Street and High Street Islington are within close proximity and the area is well served by the numerous bus routes and Angel Underground Station (Northern Line). In addition, the area is ideally situated for both the City and West End.

ACCOMMODATIONGround Floor RestaurantGross Frontage 16'5"Internal Width 10'8"widening to 14'2" (max)Restaurant Depth 52'6"Built Depth 62'11"Kitchen Area Approx 150 sq ftBasementLadies and Gents WCsMaisonetteFirst Floor - Living Room, KitchenSecond Floor - Bedroom, Bathroom/WCThird Floor - Bedroom, Shower Room/WC


PROPERTYA mid terraced building comprising a split level Ground Floor Restaurant with Basement plus internal and separate front access to a Self-Contained Maisonette planned on the three upper floors. In addition, there is a rear courtyard used for additional seating.

FREEHOLD

TENANCYThe entire property is let on a full repairing and insuring lease to R. F. Gouldesborough for a term of 18 years & 6 days from 18th June 2002 at a current rent of £31,500 per annum exclusive.

Rent Reviews June 2010 (Outstanding – Landlord quoted £39,500pa), 2014, 2018 & 2020.

Note 1: We understand the Restaurant and Basement have been sublet at £30,000 p.a.

Note 2: There is a £7,857 deposit held.


£31,500 per annum JOINT AUCTIONEERSHamlins LLP - Tel: 020 7355 6000

Ref: C. Maxwell, Esq - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

56

316 ST JOHNS STREET.indd 1 14/04/2011 15:43

LOT 44 1-3 Ashridge Parade,1316/1320 Wimborne Road, Northbourne, Bournemouth, Dorset BH10 7AN


SITUATIONLocated close to the junction with Pinewood Avenue within this established local parade serving the surrounding residential population approximately 4 miles north of Bournemouth town centre.Bournemouth is a popular seaside resort on the south coast, approximately 30 miles south-west of Southampton.

PROPERTYForming part of a terraced parade comprising aGround Floor Triple Shop.

ACCOMMODATIONGround Floor Triple ShopGross Frontage 56'5"Internal Width 53'2"Shop & Built Depth 42'9" (max)Sales Area Approx 945 sq ftStore Area Approx 655 sq ftWC Total Area Approx 1,600 sq ft


TENURELeasehold for a term of 999 years from completion at a fixed ground rent of £100 pa.

TENANCYThe property is let on a full repairing and insuring lease to Z. Altun as a convenience store for a term of 9 years from 12th December 2008 at a current rent of £14,000 per annum exclusive.

Rent Reviews December 2011 and 2014

£14,000 per annum VENDOR’S SOLICITORS Nelson & Co – Tel: 01279 653 157

Ref: Ms Claire Nelson – Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

57

1-3 ASHRIDGE PARADE.indd 1 14/04/2011 14:21

LOT 45 119 Leyburn Road, Edmonton, London N18 2BH


BY ORDER OF JOINT LPA RECEIVERS

SITUATIONLocated at the junction with Leyburn Grove in this busy residential area only a short distance from the A1010 Fore Street and the A406 North Circular Road.

PROPERTYAn end of terrace former House which has been extended at ground floor and is currently being used as a Young Persons Care Home.

ACCOMMODATIONGround FloorReception Room, Staff Room / Office / WC, Kitchen, 2 Bedrooms, WCFirst Floor3 Rooms, Bathroom/WCRear YardOutbuilding / Garage

HMRC have confirmed they do not have a record of an Option to Tax affecting the property and do not propose to charge VAT on completion.

FREEHOLD

TENANCYThe entire property was let on a full repairing and insuring lease to Mr O. Moritiwon as a Young Persons Care Home for a term of 2 years from 21st July 2008 at a rental of £36,000 per annum.

The tenant has claimed that a subsequent lease was entered into for a term of 1 year from 21 April 2010 at an annual rent of £18,000 per annum. The Receivers are disputing the validity of this lease.

The property is offered for sale subject to any rights of pre-emption contained in the lease in favour of the tenant.

VENDOR’S SOLICITORS TLT LLP - Tel: 0117 917 7977

Ref: P Collis Esq - Email: [email protected] The Surveyors dealing with this property areMATTHEW BERGER and JONATHAN ROSS FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


4 WEEK COMPLETION

58

119 LEYBURN RD.indd 1 14/04/2011 15:45

LOT 46 10 Adastral Square,Canford Heath, Poole,Dorset BH17 8SA


SITUATIONOccupying a corner position in this neighbourhood shopping centre amongst multiples including Somerfield, Boots and Mann Countrywide, along with a variety of local occupiers, all benefitting from a large customer car park. Poole lies approximately 3 miles west of Bournemouth and benefits from good road access via the A35 and A338.

PROPERTYForming part of an L-Shaped parade comprising a Ground Floor Takeaway with A5 use and internal seating plus separate rear access via a front communal staircase to a Self-Contained Maisonette above. There is a rear service road for unloading.


FREEHOLD

£14,100 per annum VENDOR’S SOLICITORS Bonningtons – Tel: 020 8908 6363

Ref: M. Ram Esq – Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

59

The Property© CROWN COPYRIGHT. All rights reserved.Licence number 100040809 – Plan not to scale


Ground Floor Takeaway

Gross Frontage 15'0"Internal Width 55'4" maxShop Depth 29'6"Restaurant/Kitchen Area 1,085 sq ftStore Area 300 sq ft2 WC’s

A Houari(Pizza Restaurant/ Takeaway)

21 years from16th July 2010

£14,000 Effectively FRIRent Reviews 2013and 3 yearlyTenants Break 2020£4,112.50 Rent Deposit held


Not Inspected Individual 125 years from 2nd November 2007

£100 FRIRent doubles every33 years

TOTAL £14,100

10 ADASTRAL SQUARE.indd 1 14/04/2011 15:34

LOT 47 234 Essex Road, Islington,London N1 3AP

Guide Price£165,000 – £175,000

SITUATIONLocated close to the junction with New North Road within this well established retail parade which includes a Post Office, Costcutter and William Hill, only a short distance from Upper Street, serving the surrounding residential area and diagonally opposite Essex Road Mainline Station.Islington is a very fashionable and sort after mixed commercial and residential area conveniently situated midway between the West End and City.

PROPERTYForming part of a terraced retail parade comprising a Ground Floor Shop and Basement.

ACCOMMODATIONGround Floor ShopGross Frontage 16'2"Internal Width 15'7"narrowing at rear to 12'0"Shop & Built Depth 31'2"BasementStorage Area Approx 335 sq ftWC



TENANCYThe property is let on a full repairing and insuring lease to H Eroglu as a Fruit & Veg/Grocery shop for a term of 9 years from 24th June 2010 at a current rent of £13,600 per annum exclusive.

Rent Reviews 2013 & 2016

Note 1: The tenant has been in occupation for approximately 6 years.

Note 2: There is a £3,371.90 deposit held.



Ref: Ms Yvonne Raymond – Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

60

234 ESSEX ROAD.indd 1 14/04/2011 16:21

LOT 48 167 Sydenham Road, Sydenham, London SE26 5HB

Reserve Below £200,000BY ORDER OF E COOMES LTD

IN SAME OWNERSHIP SINCE 1988

SITUATIONOccupying a prominent main road trading position on the A212 Sydenham Road, opposite The Hexagon, close to the corner of Hazel Grove with Lidl and other local traders nearby.Sydenham lies just east of Crystal Palace and south of Dulwich, approximately 9 miles from the City of London.

PROPERTYA mid terraced building comprising a Ground Floor Shop (with A2 Use) plus separate rear access to a Self-Contained Maisonette on First and Second Floors with rear garden and UPVC windows.

ACCOMMODATIONGround Floor ShopGross Frontage 17'9"Net Frontage 13'10"widening to 15'3"Shop Depth 51'3"Built Depth 60'6"3 WC’sFirst & Second Floor Maisonette3 Rooms, Kitchen, Bathroom/WC



Vacant Shop& Maisonette VENDOR’S SOLICITORS

Amphlett Lissimore - Tel: 020 3330 6735Ref: F. Lissimore Esq - Email: [email protected] The Surveyors dealing with this property are

JOHN BARNETT and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUEThe successful Buyer will be liable to pay the Auctioneers an administration


6 WEEK COMPLETION

61

167 SYDENHAM RD.indd 1 14/04/2011 15:45

LOT 49 52 Essex Road, Islington,London N1 8LR

Guide Price£160,000

SITUATIONLocated close to the junction with Packington Street, only a few minutes walk from the intersection with Upper Street, in this very fashionable and sought after mixed commercial and residential area, amongst a variety of multiple and specialist retailers and various bars and restaurants including the Bath Store and Giraffe. The area is well served by public transport via bus routes and it is in close proximity to Essex Road Mainline Station and Angel Underground Station.

PROPERTYForming part of a mid terraced building comprising a Ground Floor Shop with internal access to Basement Storage.

ACCOMMODATIONGround Floor ShopGross Frontage 14'4"Internal Width 12'4"Shop Depth 31'7"Built Depth 37'11"WCBasement StorageArea Approx 400 sq ft



TENANCYThe property is let on a full repairing and insuring lease toP J Patel as a News/Conf/Tob for a term from 3rd June 2005 to the 29th September 2012 at a current rent of £15,000 per annum exclusive.

Note 1: There is a £4,617.48 deposit held.



Ref: Ms Yvonne Raymond – Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

62

View of Parade

52 ESSEX ROAD.indd 1 14/04/2011 15:37

LOT 50 1/1A Russell Buildings, 86 West Street, Portchester, Hampshire PO16 9UL


SITUATIONLocated on the A27 West Street on this busy roundabout junction which leads to the town centre shopping precinct and within the same parade as a Post Office.Portchester lies some 8 miles north of Portsmouth and 15 miles east of Southampton and enjoys easy access via the M27 (Junction 12).


PROPERTYAn end of terrace building comprising a Ground Floor Shop with separate rear access to a Self-Contained Maisonette on the first and second floor levels. In addition, the property benefits from use of a rear service road.

FREEHOLD

£5,300 per annum

with Fixed Increase to£6,500 p.a. in 2015 VENDOR’S SOLICITORS

Donnelly & Elliott - Tel: 02392 505 500Ref: J Donnelly Esq - Email: [email protected] The Surveyors dealing with this property are

JONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUEThe successful Buyer will be liable to pay the Auctioneers an administration


6 WEEK COMPLETION

63


Ground Floor Shop Gross Frontage 14'5"Internal Width 12'2"widening at rear to 15'2"Shop Depth 36'7"Built Depth 41'4"WC

Gemma Louise Jones(Speciality Cake Shop – See Note1)

10 years from1st December 2010

£5,200(See Note 2)

FRIFixed increase after year 5 to £6,500 p.aRent Deposit of £1,735 held.Note 2: There is a rent free period which expires on 30th Nov 2011 and the Vendor will pay any rent shortfall on completion.


Not Inspected Individual 125 years from29th September 2003

£100 FRIRent rises every 25 years to 0.12% of the market value of the maisonette.

TOTAL £5,300

Note 1: The lessee of the shop is currently fitting out and we are advised that the lessee will commence trading in May 2011.

1A RUSSELL BUILDINGS.indd 1 14/04/2011 14:21

LOT 51 41 Anerley Road, Crystal Palace, London SE19 2AS


SITUATIONOccupying a busy trading position close to the junction with Pascal Mews within this well established shopping parade near a Tesco Express.Crystal Palace is located approximately 6 miles south-east of Central London and benefits from good road access and transport links via Crystal Palace Mainline Station.

PROPERTYA mid terraced building comprising a Ground Floor Shop and Basement with internal access to Residential Accommodation on the first and second floors. Access to the rear of the property is via a right of way across No. 43 Anerley Road where the reinstatement of a blocked door will provide separate access to the upper parts.


FREEHOLD

ACCOMMODATIONGround Floor ShopGross Frontage 19'9" Internal Width 17'4"Shop Depth 38'0" Built Depth 47'11"WCBasementArea Approx 455 sq ftResidential AccommodationFirst Floor – 2 Rooms GIA Approx 580 sq ftSecond Floor – 2 Rooms GIA Approx 550 sq ft

Total Residential GIA Approx 1,130 sq ft

TENANCYThe entire property is let on a full repairing and insuring lease to William Hill Organization Ltd (having 2,300 branches) for a term of 16 years from 1st June 1989 (Holding Over) at a current rent of £8,100 per annum exclusive (Original Rent).

Note: There may be potential to convert the upper floors into a Maisonette or 2 Self-Contained Flats (and extend at the rear as per the adjoining property), subject to obtaining the necessary consents.

£8,100 per annum VENDOR’S SOLICITORS TWM Solicitors – Tel: 01737 22 12 12

Ref: M Jones Esq – Email: [email protected] The Surveyors dealing with this property areNICHOLAS BORD and MATTHEW BERGER FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

64

View Along Anerley Road

41 ANERLEY RD.indd 1 14/04/2011 14:34

LOT 52 30 Gilda Parade, Wells Road, Whitchurch, Bristol BS14 9HY


SITUATIONLocated close to the junction with Ridgeway Lane on the main A37 within this established retail parade which includes a Coral, and opposite an Esso/Tesco Express Petrol Station serving the surrounding residential area. Whitchurch is a suburb of Bristol situated 4 miles south of the city centre.

PROPERTYA mid terraced building comprising a Ground Floor Shop with separate rear access to a Self-Contained Flat on the First and Second Floors. In addition, the property includes a Rear Hardstanding Area for parking and unloading accessed from a rear service road.


FREEHOLD

£9,150 per annum VENDOR’S SOLICITORS Metcalfe Copeman & Pettefar - Tel: 01733 865 880

Ref: J Burton Esq - Email: [email protected] The Surveyors dealing with this property areNICHOLAS BORD and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

65


Ground Floor Shop

Gross Frontage 20'6"Internal Width 18'5"narrowing at rear to 15'9"Shop & Built Depth 39'5"WC

St Peter’s Hospice Ltd(Having approx. 50 branches)

10 years from 14th May 2004

£9,000 FRI by way of service charge (capped at £500 p.a)Tenant did not exercise their break clause in 2009

First & Second Floor Flat

Not Inspected Individual 99 years from 12th May 2004

£150 FRI

TOTAL £9,150

30 GILDA PARADE.indd 1 14/04/2011 15:35

LOT 53 Units 1-4 Newmans Yard, 9 Norwich Street, Fakenham, Norfolk NR21 9AS


GROSS YIELD APPROX 13%

SITUATIONOccupying a prominent trading position close to the junction with Market place amongst such occupiers as Lloyds TSB, Superdrug, HSBC, Stead & Simpson, Boots, Holland & Barrett, NatWest and more.Fakenham lies some 24 miles west of Norwich and 17 miles north-west of Kings Lynn with a busy market operating every Thursday.

PROPERTYA substantial terraced building comprising 4 Retail Units, one of which is a double unit and one includes a cellar. The first and second floor Residential Accommodation is accessed via the rear.

VAT is payable in respect of the commercial element of this Lot

FREEHOLD

£12,300 per annum VENDOR’S SOLICITORS Vincent French and Brown - Tel: 020 7831 4994

Ref: Ms J Mehrjl - Email: [email protected] The Surveyors dealing with this property areJONATHAN ROSS and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

66


Unit 1 and Unit 4 Unit 1:Gross Frontage 15'1"Internal Width 13'0"Shop Depth 18'4"Unit 4:Gross Frontage 12'10"Ground Floor Area Approx 160 sq ft Basement Area Approx 140 sq ft

S M Wright(Antiques)

3 years from28th July 2009

£6,000 IRI£1,500 Rent Deposit held.

Units 2 & 3 Gross Frontage 15'0"Internal Width 13'6"Shop Depth 32'5"

T May(with guarantor)(Clothing)

6 years from30th November 2007

£6,000 FRI

First Floor Flat9b & 9c

Not Inspected Marcton Construction Ltd

125 years from1st January 2007


Second FloorFlat D

Not Inspected 2 Individuals 125 years from1st December 2006


TOTAL £12,300

View towards Market Place

9 NORWICH STREET.indd 1 14/04/2011 16:03

LOT 54 18 Regent Street, Mansfield, Nottinghamshire, NG18 1SS


SITUATIONIn a busy pedestrianised pitch in the heart of the town centre adjacent to Johnsons Cleaning and Mansfield Library, opposite an entrance to Marks and Spencer and close to such multiple occupiers as British Heart Foundation, Age UK, Wilkinson, Wimpy and the many multiples on West Gate.Mansfield is a busy market town which lies some 17 miles north of Nottingham and 11 miles south-east of Chesterfield benefitting from excellent road access via the M1(junctions 28 and 29).

ACCOMMODATIONGround Floor ShopGross Frontage 15'9"Internal Width 14'2"Shop and Built Depth 37'5"First Floor AncillaryArea Approx 205 sq.ft2 WC’sSecond Floor Ancillary Area Approx 130 sq.ft

PROPERTYA terraced property currently arranged as a Ground Floor Shop with internal access to Ancillary Accommodation at First and Second floors. The Second Floor is accessed via a trap door and the property benefits from access via a rear service road.

VAT is payable in respect of this lot.


Vacant Shopand Upper Parts

JOINT AUCTIONEERSW A Barnes LLP, Portland Square, Sutton in Ashfield

Notts NG17 1DA. Tel: 01623 554084. Ref: Ms Sue FoxVENDOR’S SOLICITORS

Nelson and Co - Tel: 01279 653157Ref: Ms Claire Nelson - Email: [email protected] The Surveyors dealing with this property are

JONATAHN ROSS and NICHOLAS BORD FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUEThe successful Buyer will be liable to pay the Auctioneers an administration


6 WEEK COMPLETION

67

View from the Property

18 REGENT STREET.indd 1 14/04/2011 14:41

LOT 55 61 Westgate, Mansfield, Nottinghamshire NG18 1RU


SITUATIONLocated in the town’s principal pedestrianised retail thoroughfare only 50 yards from the entrance to the Four Seasons Centre and amongst such multiple retailers as RBS, Specsavers, Bon Marche, Santander and many others.Mansfield is located approximately 10 miles north of Nottingham benefitting from good road links via the A60 and A617 which links with the M1 (Junction 29)

PROPERTYComrpising a Large Commercial Unit which widens at the back and has a large rear frontage to St John’s Street which is served by public town centre car parking.



Note: The property was previously used as a nightclub (Sui Generis Use) but we understand the Council would have no objection to A1 Use, pending formal application.

ACCOMMODATIONGround FloorFrontage to Westgate 17'0"Frontage to St John’s St 36'0"Net Frontage 18'2"Built Depth 155'0"Ground Floor GIA Approx 4,100 sq ftMezzanine FloorGIA Approx 1,000 sq ftLower Ground FloorGIA Approx 350 sq ftFirst Floor AncillaryGIA Approx 5,100 sq ft* Second Floor AncillaryGIA Approx 400 sq ft*


*Not inspected by Barnett Ross.

Large Vacant Town Centre Unit The Surveyors dealing with this property areMATTHEW BERGER and NICHOLAS BORD

6 WEEK COMPLETION

68

The Property

61 WESTGATE.indd 1 14/04/2011 15:03

LOT 5561 Westgate, Mansfield, Nottinghamshire NG18 1RU

JOINT AUCTIONEERSheb, 17 The Ropewalk, Nottingham NG1 5DU

Tel: 0115 950 6611. Ref: T Strawson EsqVENDOR’S SOLICITORS

Keith Harvey & Co - Tel: 01858 464 327Ref: K. Harvey Esq – Email: [email protected]



6 WEEK COMPLETION

69

View Along Westgate


Rear of the Property

61 WESTGATE.indd 2 14/04/2011 15:03

LOT 56 116/118 Robson Street, Anfield, Liverpool,Merseyside L5 1TH


SITUATIONLocated close to the junction with Walton Breck Road (A5089) serving the nearby Robson Street Medical Centre and the surrounding residential area approximately 700 yards away from Anfield Stadium.


FREEHOLD

PROPERTYA corner building comprising a Ground Floor Shop with Basement plus separate front access to Self-Contained Ancillary Accommodation on first and second floors (See Note 1). In addition there is an Advertising Hoarding and a small Yard.

Note 1: Potential exists for the conversion of the upper parts into 2 flats, subject to obtaining the necessary consents.

£8,500 per annum plusVacant Upper Parts and Vacant Yard VENDOR’S SOLICITORS

E J Winter & Son - Tel: 0118 957 4424Ref: R Frost Esq - Email: [email protected] The Surveyors dealing with this property are

NICHOLAS BORD and MATTHEW BERGER FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUEThe successful Buyer will be liable to pay the Auctioneers an administration


6 WEEK COMPLETION

70


No 116/118(Ground Floor Shop, Basement and an Advertising Hoarding – See Note 2)

Ground Floor ShopGross Frontage 52'0"Built Depth (max) 21'6"GIA Approx 930 sq.ftWCBasementNot Inspected

Leansave Ltd (Chemist having 2 branches) (a wholly owned subsidiary of North Meols Pharmacy Ltd – having 9 branches and an online pharmacy)

10 years from 2nd December 2008

(We are informed that the property has traded as a pharmacy for over 60 years)

£8,500 Effectively full repairing (by way of service charge – subject to a schedule of condition) plus 40% contribution towards building insurance capped at £110 pa for first 5 yearsNote 2: The ground floor tenant sub-lets the advertising hoarding to Primesight Ltd at a rent of £80 pa.

No 118(First Floor)

2 Rooms, Kitchen, WCGIA Approx 750 sq ft VACANT Previously let as a Dental

Laboratory at £2,600 pa

No 118(Second Floor)

4 RoomsGIA Approx 550 sq ft VACANT

Yard VACANT

TOTAL

£8,500 plus Vacant Upper

Parts and Vacant Yard


116-118 ROBSON ST.indd 1 14/04/2011 14:49

LOT 57 27 Monks Avenue, New Barnet,Hertfordshire EN5 1BZ


SITUATIONLocated close to the junction with Calton Road in this highly sought after residential area which lies approximately ½ mile from Oakleigh Park Mainline Station and 1 ¼ miles from High Barnet Underground Station (Northern Line).New Barnet is a popular north London suburb located between High Barnet and Whetstone some 11 miles from central London with easy access to the M25 (Junction 23).

PROPERTYA 3 Bed Semi-Detached House planned on ground and first floors. The property is in good decorative order with fitted kitchen, UPVC double glazing and gas central heating (not tested). The property includes a Drive-Way for parking up to 3 cars, a Front Garden and a 94 ft Rear Garden which includes an attractive patio area.



ACCOMMODATION

Ground Floor:Front Roomintercommunicates withRear RoomKitchen

First Floor:Bedroom 1Bedroom 2Bedroom 3BathroomSeparate WC

94 ft Rear Garden

Rooms sizes available from the Auctioneers upon request.

Note: There may be potential to extend the property at the side, rear and into the loft, subject to obtaining the necessary consents.

Vacant3 Bed House

JOINT AUCTIONEERSGeorge Eckert, 1–5 Summerland Gardens, Muswell Hill,

London N10 3QN Tel: 020 8883 3232 Ref: Ms Anna EckertVENDOR’S SOLICITORS

Male & Wagland – Tel: 01707 657 171Ref: R. Male Esq – Email: [email protected]

The Surveyors dealing with this property areSTEVEN GROSSMAN and JOHN BARNETT FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


FIRST TIME ON THE MARKETFOR APPROX 40 YEARS6 WEEK COMPLETION

71

View of Rear Garden

The Property

27 MONKS AVENUE.indd 1 14/04/2011 14:38

LOT 58 Ground Rent Portfoliowithin the London Borough of Islington

Reserve Below £45,000ON BEHALF OF THE

LONDON BOROUGH OF

SITUATIONLocated within a variety of locations in Islington, Highbury, Clerkenwell, Upper Holloway, Finsbury Park and Holloway (See Note 1).


PROPERTY13 buildings providing a mixture of residential and commercial/residential properties comprising a total of24 Self-Contained Flats and 8 Commercial Premises(See Note 1).

FREEHOLD

£240 per annum VENDOR’S SOLICITORS Islington Council Legal Department – Tel: 020 7527 3410

Ref: E. Soetan Esq – Email: [email protected] The Surveyors dealing with this property areSTEVEN GROSSMAN and JOHN BARNETT FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE


6 WEEK COMPLETION

72


13 properties comprising 24 Self-Contained Flats and 8 Commercial Premises (See Note 1)

Not inspected Various 23 residential leases each 125 years from between 1982 and

2005 and 1 residential lease for 99 years from 2010

£240(Ground rent

£10 p.a. per flat)

Each FRI by way of service charge

8 commercial leases each 999 years from between

2007 and 2008

Peppercorn Each FRI by way of service chargeSee Note 2

TOTAL £240

18 & 18A Arlington Way, London EC1

67A, B & C Matilda Street,

London N1

10A & B Leconfield Road, London N5

49 & 49A Rawsterne Street, London EC1

Note 3: The Freeholder insures and manages the properties.

Note 4: The Special Conditions of Sale provide that the Purchaser is to pay an additional sum of 3.75% of the purchase price in respect of the Vendor’s costs.

Note 1: A full list of addresses and tenancy details are available from the Auctioneers.

Note 2: Each commercial lease provides for the lessee to pay a surcharge of £500 in respect of any service charge year if the Landlord manages the property.

GROUND RENT PORTFOLIO.indd 1 14/04/2011 15:39

73

OUR NEXT AUCTION

IS ON

THURSDAY

14TH JULY

2011

LIST STILL OPEN

GENERAL CONDITIONS OF SALEAPPLICABLE TO ALL LOTS

1. INTERPRETATIONThe following expressions shall have the meanings assigned to them: 1.1.1 ‘the Auctioneers’ means Barnett Ross of Brook Point,

1412 High Road, Whetstone, London, N20 9BH. 1.1.2 ‘the Property’ means the property offered for sale by the

Auctioneers as specified in this auction catalogue and/or theSpecial Conditions.

1.1.3 ‘Particulars of the Property’ means those details of the Propertycontained in this auction catalogue whether under reference to its lot number at the auction or in the Special Conditions.

1.1.4 ‘General Conditions’ means the General Conditions of Salehereafter set out.

1.1.5 ‘Special Conditions’ means the Special Conditions of Salerelating to the Property appearing in this auction catalogueand/or in any supplement, rider or addendum thereto.

1.1.6 ‘Standard Conditions’ means the Standard Commercial PropertyConditions (Second Edition).

1.2 The Property is sold subject to the General Conditions, theSpecial Conditions and any Addendum.

1.3 The General Conditions incorporate the Standard Conditions so far asthey are not varied hereby or inconsistent herewith. A copy of theStandard Conditions is available at the Auctioneers’ offices and at theAuction.

1.4 Where there is a conflict between the General and Special Conditionsthe Special Conditions prevail except for all arrears per condition11.1.9.

1.5 Each Buyer shall be deemed to purchase with full knowledge of theGeneral Conditions and the Special Conditions and the matters set outin the Notice To All Bidders printed on the inside front cover of thisauction catalogue.

1.6 References to the singular include the plural jointly and severally,references to masculine include the feminine and vice versa andreferences to persons include companies, unincorporated associations,firms or partnerships and vice versa.

1.7 References to a statute (statutory instrument) or statutory provisionincludes reference to that statute (statutory instrument) or statutoryprovision as from time to time amended, extended or re-enacted.

2. STANDARD CONDITIONS2.1 The following Conditions shall not have effect: Conditions 1.5.1 and 1.5.22.2 The following Standard Conditions shall be amended as follows: 2.2.1 The deposit must be paid before exchange of the memorandum

of contract. 2.2.2 The words ‘or offer for sale as if bidding had not yet commenced

for the sale of the said Lot’ are to be added to Condition 2.3.5after ‘undisputed bid’.

2.2.3 Add to condition 2.3.6 The Deposit is to be held as Stakeholder if the Lot or any part of the Lot is registered for VAT, unless theSpecial Conditions of Sale and/or the Addendum state otherwise.

2.2.4 Condition 2.3.6 is also to apply to a sale pre auction or postauction.

2.2.5 Condition 2.3.7 after ‘breach’ add the words ‘and the buyer willbe responsible for any loss, fees and expenses incurred by theseller’.

2.2.6 Condition 8.1.1 Completion shall be 42 days from the date of thecontract.

3. THE AUCTION3.1 Condition 2.3 of the Standard Conditions will apply as follows: 3.1.1 The Property is offered for sale subject to a reserve price (unless

otherwise stated) 3.1.2 The Seller or a person on its behalf may bid up to but not

including the reserve price. 3.1.3 In the event of a Dispute, see Standard Condition 2.3.5 as

amended in General Condition 2.2.2.3.2.1 A Bidder shall be deemed to be personally liable on making an

accepted bid even though he shall purport to act as agent for aprincipal or a limited company so that their liability under theagreement shall be joint and several. This is also to relate to sales priorand post Auction.

3.2.2 Any Agent or individual bidder/offeror wishing to be released from the liability under clause 3.2.1 may apply to the Auctioneers in advance ofthe sale. If the Vendor agrees, the Agent or individual bidder/offerorwill be issued with a letter from the Auctioneers stating that hispersonal liability under clause 3.2.1 shall be waived in the event that hisis the successful bid and such waiver will be evidenced by a copy of that letter being attached to the Memorandum of Contract.

3.3 On the Property being knocked down the successful bidder must uponbeing requested by the Auctioneers or the Auctioneers’ clerk give hisname and address and the name and address of the person orcompany on whose behalf he has been bidding and any otherparticulars which the Auctioneers may reasonably request and in defaultthe Auctioneers shall be entitled to re-submit the property for sale andto hold the Bidder liable for any loss whatsoever suffered by the Seller.

3.4 The Auctioneers reserve the right to hold the Memorandum ofAgreement signed by them on behalf of the Seller until the Buyer’scheque for the deposit has been cleared.

3.5 The Auctioneers reserve the right to regulate the bidding and the right(without assigning any reason therefor) in their sole absolute discretionto refuse to accept a bid.

4. DEPOSIT4.1 A deposit of ten per cent (or whatever figure is provided for in the Special

Conditions or Addendum) of the purchase price must be paid to theAuctioneer as agent for the Seller but where the property is VAT registeredthis deposit and any VAT on it will be held as stakeholder, unless theSpecial Conditions of Sale and/or the Addendum state otherwise.

4.2 The Bidder/Purchaser must supply a cheque for the deposit which the Auctioneers will hold at their office. The Bidder will be given the Auctioneer’s bank account details and must arrange to transfer thedeposit monies to the Auctioneer’s client bank account the followingday by way of a same day CHAPS payment. Once these funds arereceived the Auctioneers will return the Bidder’s cheque by post.

4.3.1 In the event that any cheque given as the deposit (or part thereof) shallbe dishonoured upon presentation or the Buyer fails to pay the deposit immediately on request then without notice the Seller shall if it sochooses have the right to deem the conduct of such Buyer as arepudiation of the agreement between the Buyer and the Seller and the Seller may resell without notice and/or take steps which may beavailable to it as a consequence of the Buyer’s breach but withoutprejudice to any claims it may have against the Buyer for breach of the agreement between the parties or otherwise.

4.3.2 In the event of the Auctioneers exchanging contracts over thetelephone with a Purchaser’s solicitor whereby the deposit is to be paidby way of a CHAPS payment then in the event of the cleared funds not being received by Barnett Ross within 24 hours from the time ofexchange the Vendors will similarly have the right to treat this as a repudiation of the agreement and can take such steps as in 4.3.1.

4.4 Without prejudice to the generality of the Seller’s rights as aforesaid the Seller will additionally be entitled to recover from the Buyer the sum of £100.00 plus VAT to cover the costs incurred by the Auctioneers in representing each and every dishonoured cheque or presenting any replacement.

4.5 The Buyer agrees that the interest earned on the deposit (if any) shallbe applied for the benefit of the Auctioneers who shall be entitledto retain all such interest whether or not the purchase is completed.

5. TITLE5.1 In the case of registered land title to the Property shall be deduced in

accordance with Schedule 3 of the Land Registration Act 2002.5.2 In the case of unregistered land title to the Property shall be deduced

in accordance with the Special Conditions.

6. CAPACITY OF SELLER6.1 The Seller sells with Full Title Guarantee.

7. INCUMBRANCES AFFECTING THE PROPERTY7.1 If the Property is registered at HM Land Registry the Property is sold

subject to and with the benefit of all (if any) entries on the Land Register of the Title Number specified in the Special Conditions.

7.2 If the Property is not registered at HM Land Registry the property is sold subject to and with the benefit of all those matters containedmentioned or referred to in the documents specified in the Special Conditions.

7.3 A copy of either the Land Register and Filed Plan of the Title Numberof the Property or the documents specified in the Special Conditions having been made available for inspection at the offices of the Seller’s Solicitors and/or the Auctioneers (or which may be supplied at the discretion of the Seller’s Solicitors or Auctioneers subject to payment ofthe proper copying charges) the Buyer shall be deemed to purchasewith full knowledge of the contents thereof whether he has inspectedthe same or not and notwithstanding any incomplete or inaccurate statement thereof in the Special Conditions and shall raise norequisitions or objections with regard thereto.

7.4 The Buyer shall raise no objection requisition or enquiry in respect ofany rights covenants obligations easement quasi-easements privileges licences subsisting acquired or being acquired over under or in respectof the Property whether or not the same are disclosed to the Buyer. The Seller and the Auctioneers shall be under no liability to disclose thesame whether or not the same are known to them.

74

8. LOCAL LAND CHARGES AND PUBLIC RIGHTS8.1 The Property is sold subject to all matters registered or capable of

being registered (whether registered or not) in any Local Land Charges Register and the requirements orders notices proposals demands and requests of any public or local authority which affect or relate to the Property whether arising before or after the date hereof and all financial and other restrictions liabilities and obligations arising therefrom.

8.2 For the purposes of Section 6(2)(a) of the Law of Property(Miscellaneous Provisions) Act 1994 all matters recorded in registersopen to public inspection are to be considered within the knowledge of the Buyer.

8.3 The buyer acknowledges that notwithstanding any statement in theSpecial Conditions, Particulars and Addendum no representation warranty or condition is made or implied whether directly indirectly or collaterally as to:

8.3.1 the permitted user of the Property under the Town and Country Planning Acts.

8.3.2 the state or condition of the property or any part thereof. 8.3.3 whether the Property is subject to road widening proposals and

schemes. 8.3.4 whether the Property is in an area designated for redevelopment.

9. COMPLETION9.1 The completion date will be 42 days from the date hereof unless varied

by the Special Conditions, Particulars or Addendum, but otherwise completion will take place in accordance with Standard Condition 8.

10. LEASEHOLD PROPERTY10.1 Condition 10 of the Standard Conditions shall apply.

11. TENANCIES11.1 If the Special Conditions state that the Property is sold subject to and

with the benefit of any tenancies leases or other occupancies: 11.1.1 the only representation made or intended to be implied by or

from the Special Conditions is that the amounts of rent stated are the rents actually payable or being paid by the tenants to theSeller.

11.1.2 no representation is made that those rents are properly payable. 11.1.3 no representation is made that any notices served were valid in

proper form or properly served. 11.1.4 the Seller shall not be required to furnish copies of any notices

served by him or his predecessors in title. 11.1.5 the Buyer shall be satisfied with such evidence or information of

the terms of the tenancies as the Seller can supply whether such have been produced in writing or not.

11.1.6 the Buyer will satisfy himself before bidding as to the correctnessof all rents and other details of the tenancies leases oroccupancies and no objection requisition or enquiry shall bemade by the Buyer whether or not he has made such enquiries asto the correctness or otherwise of such rentals or that the sameare not lawfully recoverable either in whole or in part and theBuyer shall not be entitled to refuse to complete or to demand compensation or damages or in any way make any claim or counterclaim or claim compensation on account of any of these matters.

11.1.7 nothing shall be incorporated in any sale either directly indirectlyor collaterally whether by way of condition warranty or representation as to whether in the case of a Property soldsubject to any tenancy that there are subsisting any sub-tenancies or similar such occupations and whether or not any shall be disclosed at or before the Auction the Buyer shall be deemed to purchase with full knowledge of any such tenancies that theremay be whether or not he shall have enquired of the Auctioneersor have inspected and no objection shall be taken or requisition made on account thereof.

11.1.8 if at the date of completion there shall be due to the Seller anysums in respect of rent, insurance premium or any other sums due from the tenants such sums shall be paid in full to the Seller bythe Buyer and the Seller if required by the Buyer will assign to the Buyer the benefit of such sum or sums.

11.1.9 the liability of the Buyer for arrears of rent shall extend only to the period of time commencing one clear quarter immediately priorto completion and in regards to insurance and/or service chargeto one clear year prior to completion unless The SpecialConditions and/or the Auctioneer’s Addendum containparticulars of the arrears and the periods to which they relate.

12. FIXTURES AND FITTINGS12.1 Any fixtures and fittings subject to any lien or hire purchase loan or

credit agreement are expressly excluded from the sale.12.2 The Seller makes no representation as to the ownership of any electric

wiring, fittings, gas installation and fittings, and central heatinginstallations which may be on hire or hire purchase from the supply companies. In such case the Seller accepts no liability for any payments that may be outstanding in respect thereof and the Property is soldsubject thereto.

13. MISREPRESENTATION13.1 The Buyer acknowledges that: 13.1.1 no statement or representation which may previously have been

made to him or any person concerned on his behalf by or onbehalf of the Seller whether orally or in writing induced him toenter into this agreement.

13.1.2 any such statement or representation as aforesaid does not form part of this agreement and

13.1.3 any liability of the Seller in respect of any statement made to the Buyer at law or in equity is hereby excluded to the extentauthorised by the Misrepresentation Act 1967.

13.2 Any measurements given in the particulars of the Property or Special Conditions are approximate for guidance only and photographs orplans are for convenience only and each is excluded from the basis ofthis agreement.

13.3 It is the Buyer’s responsibility to satisfy himself before making a bid asto the accuracy of the Particulars of the Property and the Special Conditions.

14. VALUE ADDED TAX ‘VAT’14.1 Except where stated in the Special Conditions and/or in the Particulars

and/or in the Addendum of the Lot: 14.1.1 VAT will not be chargeable on the sale of the Property. 14.1.2 the Seller warrants and undertakes to the Buyer that the Seller

has not elected to waive VAT exemption in respect of theproperty nor has he notified HM Customs and Excise of any such election and will not do so prior to completion.

14.2 Any obligation to pay any other sums of money pursuant to theprovisions of the General Conditions or the Special Conditions includesan obligation to pay any VAT chargeable in respect of that payment.

15. AUCTIONEERS’ RIGHTS15.1 The Auctioneers act only as agents for the Seller and are not

responsible for any default by the Seller or Buyer.15.2 The Auctioneers shall not be under liability financial or otherwise in

respect of any of the matters arising out of the Particulars of theProperty and the Special Conditions and any matters arising out of the auction.

15.3 No claim shall be made by the Buyer against the Auctioneers in respectof any loss damage claims or demands suffered or received by theBuyer as a consequence of the Buyer acquiring or agreeing to acquirethe Property.

16. SALE BY PRIVATE TREATY16.1 The Seller reserves the right to sell the Property by private treaty at any

time before the auction.16.2 The Seller reserves the right to withdraw the Property from sale at any

time prior to exchange of contracts.16.3 The Seller reserves the right to amend or add to the Particulars of the

Property and the Special Conditions at any time prior to the auction.

17. INSURANCEPlease refer to Clause 7 of the Standard Commercial Property Conditions (Second Edition) as well as the Special Conditions of Sale relating theretoand/or the Addendum.

18. GENERAL18.1 The provisions of this agreement – except insofar as they are fully

satisfied on completion – shall not merge on completion but shallcontinue to subsist for so long as may be necessary to give effectthereto.

18.2 Where the property sold forms part of a larger title the Assurance to the Buyer shall contain:

18.2.1 an easement providing for the free flow of water soil gaselectricity and other services from and to any adjoining land and premises belonging to the Seller through any sewers, drains, watercourses, pipes, wires, cables and conduits now existing in or under the said property or substituted therefore by the purchaseror its successors.

18.2.2 a covenant by the Buyer with the Seller to contribute and pay adue proportion as apportioned by the Seller to the said propertyof the costs, charges and expenses of cleaning and lighting repairing and maintaining pavements yards and ways adjoiningthe said property, staircases, sewers, drains, pipes, wires, conduits and watercourses of the said property or any part thereof whichmay be used or enjoyed by the Purchaser and all other persons lawfully entitled thereto.

18.2.3 The following exceptions and reservations ‘Except and reserving unto the Seller and its successors the right in common with the Buyer and all other persons lawfully entitled thereto to use all sewers, drains, pipes, wires, conduits and watercourses now in or upon the said property or any part thereof and freely to run andpass water, soil and electricity through and along the same or anyof them AND excepting and reserving the right in common withthe Buyer and all other persons lawfully entitled thereto to usethe pavements, yards and ways adjoining the said property’.

January 201175

84% Sale

1 6/6a/6b Chaseville Parade, Chaseville Park Road, Winchmore Hill, London N21 £176,000

2 200 Essex Road, Islington, London N1 £180,000


4 391 St John Street, Clerkenwell, London EC1 £672,000

5 446 High Road and 6/8 Park Lane, Wembley, Middlesex £1,287,500

6 47 Dunloe Avenue, Tottenham, London N17 £173,000

7 37 Knights Hill, West Norwood, London, SE27 Sold After

8 Left Hand, 18 Sperling Road, Tottenham, London N17 £144,000

9 Right Hand, 18 Sperling Road, Tottenham, London N17 £160,000

10 94/94A/95 High Street, Ryde, Isle of Wight £39,500

11 57/59 Nantwich Road, Crewe, Cheshire Sold Prior

12 615/617/619 Watford Way, Mill Hill, London NW7 Withdrawn Prior

13 1-3 Perry Road, Harlow, Essex £499,000

14 393 High Road, Wembley, Middlesex Sold Prior

15 66 Walm Lane, Willesden Green, London NW2 £232,000

16 284 Upper Street, Islington, London N1 Sold Prior

17 1 Winchester Street, Basingstoke, Hampshire £528,000


19 227/229 Whitechapel Road, Whitechapel, London E1 £1,155,000

20 Units 1-7 & A-D The Colonnade, Overdown Road, Tilehurst, Reading, Berkshire Sold After

21 The Clear Springs Chalet Park, Low Road, Dovercourt, Essex £270,000

22 129 High Street North, East Ham, London E6 £985,000

23 298 & 300 Wightman Road, Hornsey, London N8 Withdrawn

24 1A Bradford Street, Walsall, West Midlands £128,000

25 1-2 Watling Houses, High Street, Elstree, Hertfordshire £324,500

26 Left Hand, 79 Etherley Road, Tottenham, London N15 £176,000

27 41 Rowley Road, Tottenham, London N15 £242,000

28 The Waterside, Unit 6 and Flat 18 Anchor Court, Victoria Quay, Maritime Quarter, Swansea, South Wales £374,000

29 42 Duncan Street, Islington, London N1 £250,000

30 376 Essex Road, Canonbury, London N1 £164,000

31 61/61a Corbets Tey Road, Upminster, Essex £299,000

32 16 Chapel Street, Bridlington, East Riding of Yorkshire £150,000

33 73 Station Road, Addlestone, Surrey Sold Prior


35 Oliver’s Bar, 25-27 Bow Street, Ashton-under-Lyne, Lancashire £90,000


37 13 King Square, Bridgwater, Somerset Sold After

38 115/115A Guildford Street, Chertsey, Surrey Sold After


40 1 Bradford Street, Walsall, West Midlands £185,000


42 12-13 Durham Road, Chilton, County Durham £145,000

43 208 Essex Road, Islington, London N1 Withdrawn Prior

44 52 Seaside Road, Eastbourne, East Sussex £70,000

45 594/596 Barking Road, Plaistow, London E13 Sold Prior

46 11/13 Yew Tree Road, Slough, Berkshire £513,000


48 82A & 84A Hornsey Road, London N7 £176,000

49 Left Shop, 62 Walm Lane, Willesden Green, London NW2 £115,000

50 Right Shop, 62 Walm Lane, Willesden Green, London NW2 £100,000

51 10 Newington Green Road, Canonbury, London N1 £75,000

52 Land at and on the North side of The Square, Stowmarket, Suffolk £121,000

53 244 Brixton Road, Stockwell, London SW9 £148.000

54 Bernhard Baron House, 71 Henriques Street, Whitechapel, London E1 £190,000

55 Freehold Ground Rents in St Helens, Merseyside Withdrawn Prior

Brook Point, 1412 High Road, Whetstone, London N20 9BHTelephone: 020 8492 9449 Fax: 020 8492 7373

RESULTS OF AUCTION HELD ON 24 FEBRUARY 2011

51 Lots Offered – 43 Lots Sold – Total Raised £14,795,000

Lot Property Sale Available Price Price (Subject to contract)

Lot Property Sale Available Price Price (Subject to contract)

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Property ..........................................................................................................................................................................................................................................................................................................................

.......................................................................................................................................................................................................................................................................................................................................................

Vendor ...............................................................................................................................................................................................................................................................................................................................

Purchaser .......................................................................................................................................................................................................................................................................................................................

Address ............................................................................................................................................................................................................................................................................................................................

.......................................................................................................................................................................................................................................................................................................................................................

Post Code .................................................................................................................................... Telephone .............................................................................................................................................

Purchase Price (excluding any VAT) £

Deposit (subject to bank clearance) £

Balance due on Completion £

The Vendor agrees to sell and the Purchaser agrees to buy the Lot for the Price.This Agreement is subject to the Conditions of Sale so far as they apply to the Lot.

We confirm this sale and receipt of the Deposit.

Signed by or on behalf of the Purchaser ...................................................................................................................................................................................................................................

Signed by the Auctioneers on behalf of the Vendor ...................................................................................................................................................................................................

The Purchaser’s Solicitors are .......................................................................................................................................................................................................................................

.......................................................................................................................................................................................................................................

.......................................................................................................................................................................................................................................

Telephone .......................................................................... Reference ............................................................................................

If signing on behalf of the Purchaser, please complete the following:

Name of Bidder .......................................................................................................................................................................................................................................................................................................

Address ..............................................................................................................................................................................................................................................................................................................................

.......................................................................................................................................................................................................................................................................................................................................................

Telephone ...................................................................................................................................... Capacity ....................................................................................................................................................

Date ...........................................................................

MEMORANDUMAUCTION 11TH MAY 2011

LOT

Following Auction – Thursday 14th July 2011

To enter your lots, please contact:

John Barnett FRICS

Jonathan Ross MRICS

Steven Grossman MRICS

Matthew Berger BA (Hons)

Nicholas Bord BSc (Hons)

VENUE

The Radisson Blu Portman Hotel22 Portman SquareLondon W1H 7BG

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Seymour Street

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Chapel St

Crawford Street

George Street

Upper Berkeley Street

Paddington

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Portman Close

Portman Mansions

Bryanston Street

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Brook Point, 1412 High Road, Whetstone, London N20 9BH

Telephone: 020 8492 9449 Fax: 020 8492 7373

Email: [email protected] Website: www.barnettross.co.uk

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