December 2021 Catalogue

MONEY LAUNDERING REGULATIONS Due to the new changes to Money Laundering regulations for buying and selling at auction, as of the 26 June we are now required by Law to ID check everyone who offers, bids or buys at auction.

What the new regulations mean for you as a bidder or buyer at the auction:

1) In the case of an individual bidding at auction, we will require a certi fi ed copy of a passport and utility bill. 2) In the case of an individual acting on behalf of a third party individual, we will require a certi fi ed copy of a passport and recent utility bill from both parties. 3) In the case of an individual acting on behalf of a company we will require details about the company including ownership information on the ultimate holding company and ultimate bene fi cial owners of the company, including current addresses and dates of birth.

4) If you are unable to attend in person or will be send- ing us a remote bidding form, we will require certi- fi ed ID that has been identi fi ed by a professionally recognised individual. This will need to be provided to us in advance of the auction date. 5) Your ID will be kept on fi le for 3 years and we will only require updated documents if you change address. 6) Registration on the day of the auction opens from 11.45am so please ensure you arrive early to ensure we have been able to satisfactory ful fi l the necessary requirements.

At registration for the auction you must provide two forms of ID, one photographic and one proof of residence that is dated within the last 3 months (a list of acceptable ID documents can be seen below).

PHOTOGRAPHIC EVIDENCE OF IDENTITY

EVIDENCE OF RESIDENCE

Current signed Passport Current full UK/EU photo card driving licence Valid ID card (e.g. HM Forces, police warrant, prison o ffi cer card, government/ local authority issued card) Firearm or shotgun certi fi cate Resident permit issued by the Home O ffi ce to EU national

Current full UK/EU photo card driving licence (if not used to prove identity) Utility bill issued in last three months (not mobile phone) Recent bank/building society / mortgage / credit card statement Current house/ motor insurance certi fi cate Revenue & Customs tax noti fi cation Recent council tax bill

IDENTITY CAN BE APPROVED AS FOLLOWS:

Come to our o ffi ce with originals and we will certify them free of charge Solicitors, the bank, an accountant or other professional body can certify the relevant ID The Post O ffi ce can verify up to 3 × forms of ID for a charge of £10.50

All certi fi ed ID can be sent to us at admin@connectukauctions.co.uk

The purpose of Connect UK Auctions obtaining this information is in order for us to carry out customer due diligence in compliance with the regulations. There are no exceptions and Connect UK Auctions takes its obligations very seriously. PLEASE NOTE: In compliance with anti Money Laundering Regulations an Experian search can be carried out to verify your identity and proof of residency. This does not affect your credit fi le. This can be carried out on the auction day or prior. Some clients may fi nd this method more convenient.

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DEFINITI  N   F AU    Please take some time to familiarise yourself with the terms below so you  are fully aware of what you are bidding on. For more information speak  to one of our auction team on the day or call us on s{ssww{stss .

*Buyer’s Premium denotes a different set of charges to regular auction lots. Buyer’s premium lots will be either unconditional or conditional. The Buyer’s Premium does not contribute toward the purchase price. Please read the differences between these auction formats carefully above so you understand the associated costs of each one and requirements of each auction. If you have any questions please don’t hesitate to ask a member of staff on the day or call us on 0800 448 0100.

UNCONDITIONAL SALE When the gavel falls, the buyer must:

Exchange contracts (Special conditions may apply) The sale must complete within 28 days (Special conditions may apply)  A 5% deposit must be paid subject to a minimum of £5, sss AUCTI  N   UESTI  NS What is the difference between a guide price and a reserve price?

A reserve price is the price stipulated as the lowest acceptable by the vendor. The fi gure is con fi dential between the vendor and the auctioneer. The guide price may not always be the same as the reserve price. The guide is an indication given by the auctioneer. where the guide price is a bracket fi gure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single fi gure, then the reserve can be up to 10% in excess of this. What payment methods do you accept? We accept debit or credit cards and BACS transfer (3% surcharge on business credit cards).

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ORDER OF SALE Tuesday 14th December 2021

1 1 & 2 Orchard Farm Cottages, Holtye Road, West Sussex, RH19 3PP 2 Sycamore Road, Birch Vale, Derbyshire, SK22 1AA 3 Land off, Knolls View, Sewell, Dunstable, Bedfordshire, LU6 1RP 4 Land North West, Lower Brockwell, West Yorkshire, HX6 3PB 5 Plot A: Land at Blackhills Lane, Swansea, Wales, SA2 7JN 6 Plot B: Land at Blackhills Lane, Swansea, Wales SA2 7JN

£600,000

£350,000

£75,000 £550,000

£50,000

£50,000

7 8

Plot 1, Land Lying To The South West Of West Walk, Hayes, UB3 3JH Plot 2, Land Lying To The South West Of West Walk, Hayes, UB3 3JH

£60,000 £60,000 £65,000 £65,000

Plot A – Land at Hare Lane, Ling fi eld, Surrey, RH7 6JB Plot B – Land at Hare Lane, Ling fi eld, Surrey, RH7 6JB 9 10 Land at Claxton Street, Heanor, Derbyshire, DE75 7QS

11

£235,000

*Guide Prices and Reserve Prices. Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily fi gures which a property will sell for and may change at any time prior to the auction each property will be offered subject to a Reserve (a fi gure belowwhich the auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single fi gure Guide.

www.connectukauctions.co.uk

1

1 & 2 Orchard Farm Cottages, Holtye Road West Sussex, RH19 3PP

GUIDE PRICE £600,000 Beautifully Located Pair of Semi-Detached Properties, registered under one Title. Enormous potential to further develop to one larger dwelling or as two sizable family homes. Subject to all necessary consents. Current tenancy ending mid December. DESCRIPTION: Beautifully Located Pair of Semi-Detached

LOCATION: Dormansland is a large village and civil parish with a low population approximately one mile south of Lingfield in Surrey, England. It was founded in the 19th century and is bordered on the east by the county of Kent and on the south by West Sussex and East Sussex, the only area of the county which borders East Sussex. The nearest town is the small town of East Grinstead, immediately across the West Sussex border. TENURE: Freehold Buyer’s Premium Applies Upon the fall of the gavel. The Purchaser shall pay a deposit of 5% (minimum £5,000) and buyer’s premium of 2% + VAT as contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the auction (unless otherwise stated).

Properties, registered under one Title. Enormous potential to further develop to one larger dwelling or as two sizable family homes. Subject to all necessary consents. Current tenancy ending mid December. ACCOMMODATION: Number One Orchard Cottage: 4 Bedroom Semi-Detached. Comprising of: Entrance Hall, Lounge, Kitchen-Diner, Utility room, D/S Cloakroom, Conservatory, 4 Bedrooms and Family Bathroom. Number Two Orchard Cottage: 3 Bedroom Semi-Detached. Comprising of: Lounge/Diner, Kitchen, Utility Room, Conservatory, 3 Bedrooms and Family Bathroom.

*The guide price may not always be the same as the reserve price .The guide is an indication given by the Auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this. 1 www.connectukauctions.co.uk

2

Sycamore Road, Birch Vale Birch Vale, Derbyshire, SK22 1AA

GUIDE PRICE £350,000 Freehold land. Circa 22 acres with enormous future potential subject to planning consents. DESCRIPTION: Freehold land. Circa 22 acres with enormous future potential subject to planning consents. ACCOMMODATION: TENURE: Freehold. Buyer’s Premium Applies Upon the fall of the gavel. The Purchaser shall pay a deposit of 5% (minimum £5,000) and a buyer’s

premium of 2% +VAT as per the legal pack and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the auction (unless otherwise stated).

Direct road access. On site, footings to the former, very grand Birch House, mobile caravan, stable block, main industrial building, warehouse various out buildings. We are advised the site has all main utilities. The history of Birch Vale House LOCATION: Birch Vale is a village in the High Peak district of Derbyshire, just outside the boundary of the Peak District National Park, between New Mills and Hayfield. Most of Birch Vale, including the attached hamlet of Thornsett, comes under the administration of New Mills Town Council, though the small part to the east of the former Grouse public house is within the boundaries of Hayfield.

*The guide price may not always be the same as the reserve price .The guide is an indication given by the Auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this. 2 www.connectukauctions.co.uk

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3

Land off Knolls View Dunstable, Bedfordshire, LU6 1RP

GUIDE PRICE £75,000 Freehold land, with vehicle access. Future potential, subject to all necessary consents. DESCRIPTION:

TENURE: Freehold Buyer’s Premium Applies Upon the fall of the gavel. The Purchaser shall pay a deposit of 5% (minimum £5,000) and Buyer's Premium of £5,000 +VAT as contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the auction (unless otherwise stated).

Freehold land, with vehicle access. Future potential, subject to all necessary consents. ACCOMMODATION: 6.29 Acres 25454.73 Square Meters. The land is enclosed by post and rail fencing and has main water. Vehicle Access. LOCATION: Vehicle access is off “Knolls View”. Sewell is a hamlet located in the Central Bedfordshire district of Bedfordshire, England. Sewell is a small rural settlement, though it is located near to the town of Dunstable. The settlement forms part of the Houghton Regis civil parish. It is north of Dunstable Downs at the northern edge of the Chiltern Hills.

*The guide price may not always be the same as the reserve price .The guide is an indication given by the Auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this. 3 www.connectukauctions.co.uk

4

Land North West, Lower Brockwell West Yorkshire, HX6 3PB

GUIDE PRICE £550,000 Connect UK Auctions are delighted to offer residential development land for sale in the beautiful market town of Sowerby Bridge. The land comprises of 1.36 acres with planning permission (Application No. 18/01286/OUT) for 18 residential units. (16 semi-detached and 2 detached houses.) The Land is to be sold on an unconditional basis.*Pond was emptied and filled in 1992* DESCRIPTION:

TENURE: Freehold Buyer’s Premium Applies Upon the fall of the gavel. The Purchaser shall pay a deposit of 5% (minimum £5,000) and a buyer’s premium of 2% +VAT as per the legal pack and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the auction (unless otherwise stated).

Connect UK Auctions are delighted to offer residential development land for sale in the beautiful market town of Sowerby Bridge. The land comprises of 1.36 acres with planning permission (Application No. 18/01286/OUT) for 18 residential units. (16 semi-detached and 2 detached houses.) The Land is to be sold on an unconditional basis.*Pond was emptied and filled in 1992* ACCOMMODATION: 18 residential units comprising of 16 semi- detached and 2 detached houses. LOCATION: Sowerby Bridge is a sought-after market town in the upper Calder valley in Calderdale, West Yorkshire. Sowerby Bridge is in close proximity of Halifax town where more extensive shops and amenities can be found. There is excellent access to the motorway network with a regular fast train service to London.

*The guide price may not always be the same as the reserve price .The guide is an indication given by the Auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this. 4 www.connectukauctions.co.uk

5

Plot A, Land at Blackhills Lane Swansea, Wales, SA2 7JN

GUIDE PRICE £50,000 Freehold Land for Sale close to Swansea Airport and ‘PGA Championship golf course’. Future potential subject to all necessary consents. Road frontage and close proximity to residential dwellings. DESCRIPTION: Freehold Land for Sale close to Swansea Airport and ‘PGA Championship golf course’. Future potential subject to all necessary consents. Road frontage and close proximity

TENURE: Freehold. Buyer’s Premium Applies Upon the fall of the gavel. The Purchaser shall pay a deposit of 5% (minimum £5,000) and Buyer's Premium of £5,000 +VAT as contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the auction (unless otherwise stated).

to residential dwellings. ACCOMMODATION: PLOT A, Freehold land, circa 0.672 acres. 2284 Square meters LOCATION: Swansea is a coastal city and county, officially known as the City and County of Swansea (Welsh: Dinas a Sir Abertawe) in Wales. The county area includes Swansea Bay (Welsh: Bae Abertawe) and the Gower Peninsula.

*The guide price may not always be the same as the reserve price .The guide is an indication given by the Auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this. 5 www.connectukauctions.co.uk

6

Plot B, Land at Blackhills Lane Swansea, Wales, SA2 7JN

GUIDE PRICE £50,000 Freehold Land for Sale close to Swansea Airport and ‘PGA Championship golf course’. Future potential subject to all necessary consents. Road frontage and close proximity to residential dwellings. DESCRIPTION: Freehold Land for Sale close to Swansea Airport and ‘PGA Championship golf course’. Future potential subject to all necessary consents. Road frontage and close proximity

TENURE: Freehold. Buyer’s Premium Applies Upon the fall of the gavel. The Purchaser shall pay a deposit of 5% (minimum £5,000) and Buyer's Premium of £5,000 +VAT as contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the auction (unless otherwise stated).

to residential dwellings. ACCOMMODATION: Plot B, circa 0.564 acres 2284 square meters. Detached Barn LOCATION: Swansea is a coastal city and county, officially known as the City and County of Swansea (Welsh: Dinas a Sir Abertawe) in Wales. The county area includes Swansea Bay (Welsh: Bae Abertawe) and the Gower Peninsula.

*The guide price may not always be the same as the reserve price .The guide is an indication given by the Auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this. 6 www.connectukauctions.co.uk

7

Plot 1 Land Lying To The South West Of West Walk Hayes, London, UB3 3JH

GUIDE PRICE £60,000 Freehold Land situated in close proximity to residential dwellings. Circa 0.065 acres. The Plot may be suitable for a number of uses, including future residential development, subject to the usual planning permission and consents. Prospective purchasers must rely solely on their own enquiries. DESCRIPTION:

TENURE: Freehold. Buyer’s Premium Applies Upon the fall of the gavel. The Purchaser shall pay a deposit of 5% (minimum £5,000) and Buyer's Premium of £5,000 +VAT as contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the auction (unless otherwise stated).

Freehold Land situated in close proximity to residential dwellings. Circa 0.065 acres. The Plot may be suitable for a number of uses, including future residential development, subject to the usual planning permission and consents. Prospective purchasers must rely solely on their own enquiries. ACCOMMODATION: 0.065 acres LOCATION: Hayes is a town in west London, part of the London Borough of Hillingdon. It is situated 13 miles west of Charing Cross, or 6.5 miles east of Slough. Close to Public Transport, Schools and Local amenities.

*The guide price may not always be the same as the reserve price .The guide is an indication given by the Auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this. 7 www.connectukauctions.co.uk

8

Plot 2 Land Lying To The South West Of West Walk Hayes, London, UB3 3JH

GUIDE PRICE £60,000 Freehold Land situated in close proximity to residential dwellings. Circa 0.055 acres. The Plot may be suitable for a number of uses, including future residential development, subject to the usual planning permission and consents. Prospective purchasers must rely solely on their own enquiries. DESCRIPTION:

TENURE: Freehold. Buyer’s Premium Applies Upon the fall of the gavel. The Purchaser shall pay a deposit of 5% (minimum £5,000) and Buyer's Premium of £5,000 +VAT as contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the auction (unless otherwise stated).

Freehold Land situated in close proximity to residential dwellings. Circa 0.055 acres. The Plot may be suitable for a number of uses, including future residential development, subject to the usual planning permission and consents. Prospective purchasers must rely solely on their own enquiries. ACCOMMODATION: 0.055 acres LOCATION: Hayes is a town in west London, part of the London Borough of Hillingdon. It is situated 13 miles west of Charing Cross, or 6.5 miles east of Slough. Close to Public Transport, Schools and Local amenities.

*The guide price may not always be the same as the reserve price .The guide is an indication given by the Auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this. 8 www.connectukauctions.co.uk

9

Plot A, Land at Hare Lane Lingfield, Surrey, RH7 6JB

GUIDE PRICE £65,000 Freehold amenity land. Future development potential, subject to all planning consents. Road frontage. DESCRIPTION:

TENURE: Freehold. Connect UK Auction Fee Applies Upon the fall of the gavel. The Purchaser shall pay a deposit of 10% and Connect UK Auction fees of £5,000 + VAT as contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the auction (unless otherwise stated).

Freehold amenity land. Future development potential, subject to all planning consents. Road frontage. A periodic tenancy in place for the land to be used for grazing of sheep. The farmer using the land has been served with the necessary 12 months formal notice to terminate the periodic tenancy rights, on or before 17th August 2022. A copy of the original agricultural tenancy agreement plus the notice that has been served and included, in the legal pack. ACCOMMODATION: Plot A, Circa 2 acres, 8093.71 square meters. LOCATION: Lingfield is a village and civil parish in the Tandridge district of Surrey, England, approximately 23 miles (37 km) south of London.

*The guide price may not always be the same as the reserve price .The guide is an indication given by the Auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this. 9 www.connectukauctions.co.uk

10 Plot B, Land at Hare Lane Lingfield, Surrey, RH7 6JB

GUIDE PRICE £65,000 Freehold amenity land. Future development potential, subject to all planning consents. Road frontage. DESCRIPTION:

TENURE: Freehold. Connect UK Auction Fee Applies Upon the fall of the gavel. The Purchaser shall pay a deposit of 10% and Connect UK Auction fees of £5,000 + VAT as contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the auction (unless otherwise stated).

Freehold amenity land. Future development potential, subject to all planning consents. Road frontage. A periodic tenancy in place for the land to be used for grazing of sheep. The farmer using the land has been served with the necessary 12 months formal notice to terminate the periodic tenancy rights, on or before 17th August 2022. A copy of the original agricultural tenancy agreement plus the notice that has been served and included, in the legal pack. ACCOMMODATION: Plot B, Circa 2 acres, 8093.71 square meters. LOCATION: Lingfield is a village and civil parish in the Tandridge district of Surrey, England, approximately 23 miles (37 km) south of London.

*The guide price may not always be the same as the reserve price .The guide is an indication given by the Auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this. 10 www.connectukauctions.co.uk

11 Land at Claxton Street

Heanor, Derbyshire, DE75 7QS

GUIDE PRICE £225,000 Residential Development Land. Previously approved with outline planning, for Five Detached Units. Circa 0.7 Acres. DESCRIPTION:

TENURE: During daylight hours. Buyer’s Premium Applies Upon the fall of the gavel. The Purchaser shall pay a deposit of 5% (minimum £5,000) and Buyer's Premium of £5,000 +VAT as contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the auction (unless otherwise stated).

Residential Development Land. Previously approved with outline planning, for Five Detached Units. Circa 0.7 Acres. Planning reference AVA/2018/0396 ACCOMMODATION: Five Detached Houses. All on sizeable plots, with gardens, allocated parking and Private Drive. LOCATION: Heanor is a town in the Amber Valley district of Derbyshire in the East Midlands of England. It lies 8 miles north-east of Derby and forms, with the adjacent village of Loscoe, the civil parish and town council- administered area of Heanor and Loscoe.

*The guide price may not always be the same as the reserve price .The guide is an indication given by the Auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this. 11 www.connectukauctions.co.uk

COMMON AUCTION CONDITIONS Common Auction Conditions (3rd Edition August 2009 – reproduced with the consent of the RICS). The general conditions (including any extra general conditions) apply to the contract except to the extent that they are varied by special conditions or by an addendum.

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out any investigation) and the buyer admits that the price takes into account the environmental condition of the lot . G21.3 The buyer agrees to indemnify the seller in respect of all liability for or resulting from the environmental condition of the lot . G22. Service Charge G22.1 This condition G22 applies where the lot is sold subject to tenancies that include service charge provisions. G22.2 No apportionment is to be made at completion in respect of service charges. G22.3 Within two months after completion the seller must provide to the buyer a detailed service charge account for the service charge year current on completion showing: • (a) service charge expenditure attributable to each tenancy ; • (b) payments on account of service charge received from each tenant; • (c) any amounts due from a tenant that have not been received; • (d) any service charge expenditure that is not attributable to any tenancy and is for that reason irrecoverable. G22.4 In respect of each tenancy , if the service charge account shows that: • (a) payments on account (whether received or still then due from a tenant) exceed attributable service charge expenditure, the seller must pay to the buyer an amount equal to the excess when it provides the service charge account; • (b) attributable service charge expenditure exceeds payments on account (whether those payments have been received or are still then due), the buyer must use all reasonable endeavours to recover the shortfall from the tenant at the next service charge reconciliation date and pay the amount so recovered to the seller within business days of receipt in cleared funds; but in respect of payments on account that are still due from a tenant condition G11 (arrears) applies. G22.5 In respect of service charge expenditure that is not attributable to any tenancy the seller must pay the expenditure incurred in respect of the period before actual completion date and the buyer must pay the expenditure incurred in respect of the period after actual completion date . Any necessary monetary adjustment is to be made within business days of the seller providing the service charge account to the buyer . G22.6 If the seller holds any reserve or sinking fund on account of future service charge expenditure or a depreciation fund: • (a) the seller must pay it (including any interest earned on it) to the buyer on completion ; and • (b) the buyer must covenant with the seller to hold it in accordance with the terms of the tenancies and to indemnify the seller if it does not do so. G23. Rent reviews G23.1 This condition G23 applies where the lot is sold subject to a tenancy under which a rent review due on or before the actual completion date has not been agreed or determined. proceedings up to the actual completion date but may not agree the level of the revised rent or commence rent review proceedings without the written consent of the buyer , such consent not to be unreasonably withheld or delayed. review negotiations or proceedings as soon as reasonably practicable but may not agree the level of the revised rent without the written consent of the seller , such consent not to be unreasonably withheld or delayed. G23.2 The seller may continue negotiations or rent review G23.3 Following completion the buyer must complete rent • (a) give to the buyer full details of all rent review negotiations and proceedings, including copies of all correspondence and other papers; and • (b) use all reasonable endeavours to substitute the buyer for the seller in any rent review proceedings. G23.5 The seller and the buyer are to keep each other informed of the progress of the rent review and have regard to any proposals the other makes in relation to it. G23.6 When the rent review has been agreed or determined the buyer must account to the seller for any increased rent and interest recovered from the tenant that relates to the seller’s period of ownership within business days of receipt of cleared funds. G23.7 If a rent review is agreed or determined before completion but the increased rent and any interest recoverable from the tenant has not been received by completion the increased rent and any interest recoverable is to be treated as arrears. G23.8 The seller and the buyer are to bear their own costs in relation to rent review negotiations and proceedings. G24. Tenancy renewals G24.1 This condition G24 applies where the tenant under a tenancy has the right to remain in occupation under part II of the Landlord and Tenant Act 1954 (as amended) and references to notices and proceedings are to notices and proceedings under that Act. G24.2 Where practicable, without exposing the seller to liability or penalty, the seller must not without the written consent of the buyer (which the buyer must not unreasonably withhold or delay) serve or respond to any notice or begin or continue any proceedings. G24.3 If the seller receives a notice the seller must send a copy to the buyer within business days and act as the buyer reasonably directs in relation to it. G24.4 Following completion the buyer must: • (a) with the co-operation of the seller take immediate steps to substitute itself as a party to any proceedings; • (b) use all reasonable endeavours to conclude any proceedings or negotiations for the renewal of the tenancy and the determination of any interim rent as soon as reasonably practicable at the best rent or rents reasonably obtainable; and • (c) if any increased rent is recovered from the tenant (whether as interim rent or under the renewed tenancy ) account to the seller for the part of that increase that relates to the seller’s period of ownership of the lot within business days of receipt of cleared funds. G24.5 The seller and the buyer are to bear their own costs in relation to the renewal of the tenancy and any proceedings relating to this. G25. Warranties G25.1 Available warranties are listed in the special conditions . G25.2 Where a warranty is assignable the seller must: • (a) on completion assign it to the buyer and give notice of assignment to the person who gave the warranty; and G23.4 The seller must promptly:

• (b) apply for (and the seller and the buyer must use all reasonable endeavours to obtain) any consent to assign that is required. If consent has not been obtained by completion the warranty must be assigned within business days after the consent has been obtained. G25.3 If a warranty is not assignable the seller must after completion : • (a) hold the warranty on trust for the buyer ; and • (b) at the buyer’s cost comply with such of the lawful instructions of the buyer in relation to the warranty as do not place the seller in breach of its terms or expose the seller to any liability or penalty. The buyer must not assign, mortgage or otherwise transfer or part with the whole or any part of the buyer’s interest under this contract . G27. Registration at the Land Registry G27.1 This condition G27.1 applies where the lot is leasehold and its sale either triggers registration or is a registrable disposition. The buyer must at its own expense and as soon as practicable: • (a) procure that it becomes registered at Land Registry as proprietor of the lot ; G26. No assignment • (b) procure that all rights granted and reserved by the lease under which the lot is held are properly noted against the affected titles; and • (c) provide the seller with an copy of the register relating to such lease showing itself registered as proprietor. G27.2 This condition G27.2 applies where the lot comprises part of a registered title. The buyer must at its own expense and as soon as practicable: • (a) apply for registration of the transfer ; • (b) provide the seller with an copy and title plan for the buyer’s new title; and • (c) join in any representations the seller may properly make to Land Registry relating to the application. G28. Notices and other communications G28.1 All communications, including notices, must be in writing. Communication to or by the seller or the buyer may be given to or by their conveyancers. G28.2 A communication may be relied on if: • (a) delivered by hand; or • (b) made electronically and personally acknowledged (automatic acknowledgement does not count); or • (c) there is proof that it was sent to the address of the person to whom it is to be given (as in the sale memorandum ) by a postal service that offers normally to deliver mail the next following business day . G28.3 A communication is to be treated as received: • (a) when delivered, if delivered by hand; or • (b) when personally acknowledged, if made electronically; but if delivered or made after 1700 hours on a business day a communication is to be treated as received on the next business day . G28.4 A communication sent by a postal service that offers normally to deliver mail the next following business day will be treated as received on the second business day after it has been posted. G29. Contracts (Rights of Third Parties) Act 1999 No one is intended to have any under the contract pursuant to the Contract (Rights of Third Parties) Act 1999. Extra General Conditions G30.1 The Buyer acknowledges and accepts that an Administration Fee which is payable to us is non-refundable under any circumstance G30.2 Where a deposit is paid to us then we are immediately entitled to satisfy our account. G30.3 In the event of any between these Conditions of Sale and the Auction Contract then the Auction Contract will prevail These Auction Conditions of Sale are reproduced in full, with the consent of RICS, subject to the following amendments: 1. The insertion of Administration Fee in the Glossary 2. The insertion of Auction Contract in the Glossary 3. The insertion of clauses G30.1, G30.2 and G30.3 G30

G15.3 The buyer that: • (a) it is registered for VAT, either in the buyer’s name or as a member of a VAT group; • (b) it has made, or will make before completion , a VAT option in relation to the lot and will not revoke it before or within three months after completion ; • (c) article 5(2B) of the Value Added Tax (Special Provisions) Order 1995 does not apply to it; and • (d) it is not buying the lot as a nominee for another person. G15.4 The buyer is to give to the seller as early as possible before the agreed completion date evidence: • (a) of the buyer’s VAT registration; • (b) that the buyer has made a VAT option ; and • (c) that the VAT option has been in writing to HM Revenue and Customs; and if it does not produce the relevant evidence at least two business days before the agreed completion date , condition G14.1 applies at completion . to: • (a) retain and manage the lot for the buyer’s own as a continuing business as a going concern subject to and with the of the tenancies ; and • (b) collect the rents payable under the tenancies and charge VAT on them G15.6 If, after completion , it is found that the sale of the lot is not a transfer of a going concern then: • (a) the seller’s conveyancer is to notify the buyer’s conveyancer of that and provide a VAT invoice in respect of the sale of the lot ; • (b) the buyer must within business days of receipt of the VAT invoice pay to the seller the VAT due; and G15.5 The buyer that after completion the buyer intends • (c) if VAT is payable because the buyer has not complied with this condition G15, the buyer must pay and indemnify the seller against all costs, interest, penalties or surcharges that the seller incurs as a result. G16. Capital allowances G16.1 This condition G16 applies where the special conditions state that there are capital allowances available in respect of the lot . G16.2 The seller is promptly to supply to the buyer all information reasonably required by the buyer in connection with the buyer’s claim for capital allowances. G16.3 The value to be attributed to those items on which capital allowances may be claimed is set out in the special conditions . G16.4 The seller and buyer agree: • (a) to make an election on completion under Section 198 of the Capital Allowances Act 2001 to give effect to this condition G16; and • (b) to submit the value in the special conditions to HM Revenue and Customs for the purposes of their respective capital allowance computations. G17. Maintenance agreements G17.1 The seller agrees to use reasonable endeavours to transfer to the buyer , at the buyer’s cost, the of the maintenance agreements in the special conditions . G17.2 The buyer must assume, and indemnify the seller in respect of, all liability under such contracts from the actual completion date . G18. Landlord and Tenant Act 1987 G18.1 This condition G18 applies where the sale is a relevant disposal for the purposes of part I of the Landlord and Tenant Act 1987. G18.2 The seller warrants that the seller has complied with sections 5B and 7 of that Act and that the requisite majority of qualifying tenants has not accepted the offer. G19. Sale by practitioner G19.1 This condition G19 applies where the sale is by a practitioner either as seller or as agent of the seller . G19.2 The practitioner has been duly appointed and is empowered to sell the lot . G19.3 Neither the practitioner nor the or any member of the to which the practitioner belongs has any personal liability in connection with the sale or the performance of the seller’s obligations. The transfer is to include a declaration excluding that personal liability. • (c) with no title guarantee; and the buyer has no right to terminate the contract or any other remedy if information provided about the lot is inaccurate, incomplete or missing. copies of those under which the practitioner is appointed, the document of appointment and the practitioner’s acceptance of appointment; and • (a) the documents must include • (b) the seller may require the transfer to be by the lender exercising its power of sale under the Law of Property Act 1925. G19.6 The buyer understands this condition G19 and agrees that it is fair in the circumstances of a sale by a practitioner . G20. TUPE G20.1 If the special conditions state “There are no employees to which TUPE applies”, this is a warranty by the seller to this effect. G20.2 If the special conditions do not state “There are no employees to which TUPE applies” the following paragraphs apply: • (a) The seller must notify the buyer of those employees whose contracts of employment will transfer to the buyer on completion (the “Transferring Employees”). This must be given to the buyer not less than 14 days before completion . • (b) The buyer that it will comply with its obligations under TUPE and any special conditions in respect of the Transferring Employees. • (c) The buyer and the seller acknowledge that pursuant and subject to TUPE , the contracts of employment between the Transferring Employees and the seller will G19.5 Where relevant: transfer to the buyer on completion . • (d) The buyer is to keep the seller against all liability for the Transferring Employees after completion . G21. Environmental G21.1 This condition G21 only applies where the special conditions so provide. G21.2 The seller has made available such reports as the seller has as to the environmental condition of the lot and has given the buyer the opportunity to carry out investigations (whether or not the buyer has read those reports or carried G19.4 The lot is sold: • (a) in its condition at completion ; • (b) for such title as the seller may have; and

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