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www.rhseel.co.uk chartered surveyors Property Auction Catalogue Tel: (029) 2037 0117 Fax: (029) 2023 7544 The Crown House | Wyndham Crescent | Canton | Cardiff | CF11 9UH 18th May 2010, 3pm

18th May Auction Catalogue

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Page 1: 18th May Auction Catalogue

www.rhseel.co.uk

chartered surveyors

Property Auction Catalogue

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

18th May 2010, 3pm

Page 2: 18th May Auction Catalogue

IMPORTANT NOTICE TO BE READ BY ALL BIDDERS

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

1. Attention is drawn to the General Conditions of sale

printed in this catalogue relating to all properties. All

prospective purchasers are invited to obtain copies of

any Special Conditions specified in the catalogue in

relation to each lot.

2. All prospective purchasers shall be deemed to have

inspected the property and made usual pre contract

enquiries and searches. Prospective bidders should

check the addendum sheet available in the Auction

room for alterations or amendments.

3. The successful bidder is under a binding contract as

soon as the Auctioneers gavel falls on his or her bid.

4. On a property being knocked down, the successful

bidder must immediately provide to the Auctioneers

clerk his/her full name and address together with

name and address of Solicitor acting on his/her behalf

to enable the Memorandum of Contract to be

completed in the form as printed in this catalogue. This

must be signed by the successful bidder and exchanged

with the Auctioneers staff/ Vendors Solicitor, prior to

leaving the room, accompanied by a deposit of 10% of

purchase price or £1,000 (£2,000 if

applicable)  whichever is the greater, plus Buyer

Premium of

£250 plus VAT.

5. The details relating to each Lot are set out as a general

guideline only for the guidance of intending purchasers

or lessees and do not constitute part of an offer or

contract. All descriptions are given in good faith and

believed correct, but any intending purchaser or tenant

must satisfy themselves by inspection or otherwise as

to the correctness of each item.

6. The Auctioneers have not tested any apparatus,

equipment fittings or services and so cannot verify

that they are in working order. The buyer is advised to

obtain his own verification.

7. Photographs and any plans published are for

convenience of prospective purchasers only and do not

form part of any contract. Any sizes quoted are all

approximate and for guidance only and do not form

part of any contract. All properties are offered with

vacant possession unless otherwise stated.

8. No person in the employment of the Auctioneers has

any authority to make or give any representation or

warranty whatever in relation to any property listed in

this catalogue.

9. In the event of there being any addendum to the

particulars of sale or the General and Special

Conditions of sale, a copy of the addendum will be

attached to the Memorandum of Contract and shall be

signed by the purchaser and such addendum shall be

deemed to form part of the sales particulars and

conditions of sale and if in conflict, shall prevail.

10. Inspection of investment properties is by courtesy of

the tenants. Inspection of properties with vacant

possession is by arrangement with the Auctioneers or

Joint Auctioneers as indicated in the Catalogue.

11. Prospective purchasers intending to bid at the Auction

for a specific lot are advised to consult with the

Auctioneers before the sale to enquire whether the

particular lot will be offered at the Auction. The Vendor

has the right to sell prior to Auction or withdraw the

Lot and neither the Auctioneer nor Vendor is

responsible for any abortive costs, losses or damages

of a prospective Purchaser.

12. Guide prices are for information only and should not

be relied upon as an indication of Reserve price, or

representing professional valuations for any purpose.

Purchasers are deemed to have relied upon their own

knowledge or the advice of their own professional or

others.

CM

YK

Page 3: 18th May Auction Catalogue

property auction catalogue - 18th May 2010, 3pm

1. 6 PARK STREET, PENRHIWCEIBER, MOUNTAIN ASH, MID GLAMORGAN £39,000 +2. 48 AVONDALE ROAD, GELLI, PENTRE, RHONDDA, MID GLAMORGAN £35,0003. 10 TYNTALDWYN ROAD, TROEDYRHIW, MERTHYR TYDFIL, MID GLAMORGAN £46,000 +4. 4 ELIZABETH AVENUE, COLCOT, BARRY, VALE OF GLAMORGAN £69,000 +5. FLAT 2 WOODLAND PLACE, BEDLINOG, TREHARRIS, MID GLAMORGAN £39,000 +

6. FORMER NEW TREDEGAR PRIMARY SCHOOL, SCHOOL STREET, NEW TREDEGAR, GWENT £50,000 +7. 27 UPPER SALISBURY STREET, TREDEGAR, GWENT WITHDRAWN PRIOR8. 40 GRONANT ROAD, PRESTATYN, DENBIGHSHIRE £170,0009. FLAT 8A CEFN COED ROAD, CYNCOED, CARDIFF £119,000 +10. LAND OFF WALSH STREET, MOUNTAIN ASH, MID GLAMORGAN £7,000 +

11. THE TOP HAT CLUB, WOODLAND TERRACE, CWMTILLERY, ABERTILLERY, GWENT £69,000 +12. 85 STAFFORD ROAD, GRANGETOWN, CARDIFF £75,000 +13. 25 WYNDHAM STREET, BRIDGEND, MID GLAMORGAN £95,000 +14. 16 & 16A EAST ROAD, TYLORSTOWN, FERNDALE, RHONDDA, MID GLAMORGAN £15,000 +15. 393/395 COWBRIDGE ROAD EAST, CANTON, CARDIFF £119,000 +

16. SITE ON CORNER OF LLEWELLYN STREET/SUNNYBANK, OGMORE VALE, BRIDGEND, MID GLAMORGAN £15,000 +17. 10 POPLAR STREET, TROEDYRHIW, MERTHYR TYDFIL, MID GLAMORGAN £26,000 +18. UNIT 2 CRAWFORD TRADING ESTATE, CRAWFORD STREET, NEWPORT, GWENT £65,000 +19. 8 GARTH AVENUE, GLYNOCH, PONTYPRIDD, MID GLAMORGAN £49,000 +20. EASTSIDE STORES, BETTWS ROAD, BETTWS, BRIDGEND, MID GLAMORGAN NIL RESERVE

21. THE ARUNDEL CLUB, TONMAWR STREET, BLAENAVON, GWENT £89,000 +22. LAND AT WOODBINE CLOSE, PEMBROKE £50,000 +23. FORMER HARPERS HALL COTTAGE AND SMALLAND COTTAGE, MANORBIER, TENBY £39,000 +24. 21 THOMPSON STREET, BARRY, VALE OF GLAMORGAN £79,000 +25. 121A DUNRAVEN STREET, TONYPANDY, RHONDDA, MID GLAMORGAN £119,000 +

26. 4 ALLENS COURT, 3 ST. EDEYRNS ROAD, CYNCOED, CARDIFF £110,000 +27. YARD REAR OF 48 NORTON AVENUE, BIRCHGROVE , CARDIFF £55,000 +28. 267 NEW ROAD, PORTHCAWL, BRIDGEND, MID GLAMORGAN £85,000 +29. 5 GWERTHONOR PLACE, GILFACH, BARGOED, MID GLAMORGAN £75,000 +30. NAZARETH CHAPEL, STATION ROAD, PENGAM, BLACKWOOD, GWENT £49,000 +

31. 7 MODEL COTTAGES, PENYARD, MERTHYR TYDFIL, MID GLAMORGAN £59,00032. THE ODDFELLOWS REST, 200 BRIDGEND ROAD, MAESTEG, BRIDGEND, MID GLAMORGAN £259,000+33. SITE OF FORMER ZION CHAPEL, BETWEEN 166/168 OXFORD STREET, PONTYCYMMER, BRIDGEND, MID GLAMORGAN £9,000 +34. 59 DUFFRYN STREET, FERNDALE, RHONDDA, MID GLAMORGAN £27,000 +35. 33 BRADLEY STREET, ROATH, CARDIFF £98,000 +

36. REAR OF 1 CLIVE STREET, CAERPHILLY, MID GLAMORGAN £53,000 +37. FREEHOLD GROUND RENTS, MANOR COURT, HEOL HIR, THORNHILL, CARDIFF £16,000 +38. 9 BRITWAY COURT, BRITWAY ROAD, DINAS POWYS, VALE OF GLAMORGAN £109,000 +39. 21 ALEXANDER STREET, ABERTYSSWG, RHYMNEY, GWENT £49,000 +40. 71 MADDOX STREET, CLYDACH VALE, TONYPANDY, RHONDDA, MID GLAMORGAN £47,000 +

41. 61 HILLSIDE TERRACE, WATTSTOWN, PORTH, RHONDDA, MID GLAMORGAN £40,000 +42. 93 EDWARD STREET, MAERDY, FERNDALE, RHONDDA, MID GLAMORGAN £38,000 +

LOT NUMBERS AND ORDER OF SALE GUIDES

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

Page 4: 18th May Auction Catalogue

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

18th May 2010, 3pmto be held at

FOR ENTRIES PLEASE CONTACT

WENDY JONES 029 2037 0116 MANSEL EDMUNDS 029 2037 0117ELEANOR BYRNE 029 2037 0117 KRISTY PERRY 029 2037 0104PENNY CODY 029 2037 0122 MATT TYLER 029 2037 0105FAX NO: 029 2023 7544 [email protected]

18

19

20

17

16

NEWPORT

BLACKWOOD

ABERTILLERY

EBBWVALE

TREDEGAR

N A T I O N A LP A R K

Forestof Dean

CHEPSTOW

MONMOUTH

BRISTOLM5

A4042

M49

A40

A449

A449

A4042

A48

A468

A469

A469

A4058

A48

A467

A467

A472

A4 72

A466

2

3

1

M32

A403

A4

A48

A38 A37

A472A4051

29a

RhonddaValley

Valeof Nea

th

Swansea Bay

COWBRIDGE

PYLE

CLYDACH

AMMANFORD

A4107

A40

63

A4061

A41

09

A4067

A474

A483

A48

A40

61

A473

47 46 45

M4

4141

42

4344

42

40

38

39

37

36

M433

32

27

28

26

29

25a

2524

23CALDICOTM4

M48

22

21

1520

M4

BARRY

HIRWAUN

GLYN NEATH

ABERDULAIS

PONTARDAWE

YSTALYFERA

CRYNANT

BRECON

A40A479

A465

A470(T)

A470(T)

A470(T)

A465(T)

A465(T)

4

ROSSON WYE

M50

MERTHYRTYDFIL

BRYNMAWR

CARDIFF

1

2

M4

M4 30

PORTTALBOT

TONYPANDY

34

CAERPHILLY

LLANTRISANT

A4119

A4233

A4232

35

A48

PONTYPRIDDPORTH

SWANSEA

BRIDGENDA48

A48

SOU

THER

N W

AY

EASTERN

AVEN

UELLA

NEDERYN RD

CIRC

LE W

AY E

AST

A42

32

PARK INNHOTEL

A48

LLANEDERYNINTERCHANGE

DATE OF NEXT AUCTION 13TH JULY 2010CLOSING DATE FOR ENTRIES 16TH JUNE 2010

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

AUCTION DATES FOR 2010 CLOSING DATE FOR ENTRIES

7TH SEPTEMBER 11TH AUGUST

26TH OCTOBER 29TH SEPTEMBER

7TH DECEMBER 10TH NOVEMBER

Page 5: 18th May Auction Catalogue

IMPORTANT NOTICE TO BUYERS

ANYONE WISHING TO BID ON ANY PROPERTY, WILL BE REQUIRED TO REGISTER PRIOR TO THE AUCTION IN THE SALE ROOM AND WILL NEED TO PRODUCE TWO FORMS OF ID,

ONE FROM EACH OF THE FOLLOWING CATEGORIES:

PHOTOGRAPHIC ID: PASSPORT OR DRIVING LICENCE

PROOF OF ADDRESS: CURRENT BANK STATEMENT, UTILITY BILL ETC.

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

detailed documents for themselves and also for the principal as well as providing the usual letter

authorising them to bid on their behalf. If the bidder is acting on behalf of a company,

the detailed documents will still be required along with written authority from the company.

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

MONEY LAUNDERING REGULATIONS

Please do not bid if you do not have a deposit. Only cash or cheque accepted. We cannot accept Credit or Debit cards.

7

CASH DEPOSITS ACCEPTED UP TO A MAXIMUM

OF 10,000

property auction catalogue - 18th May 2010, 3pm

Page 6: 18th May Auction Catalogue

BLOCKS OF FLATS MANAGEMENT■ Service charge/Ground rent collection

■ Keeping of full financial and Companies House records

■ Preparing service charge budgets

■ Arranging insurances

■ Organising common parts maintenance, repair and cleaning

OTHER SERVICES OFFERED BY SEEL & CO INCLUDE:

LETTINGS■ Full Management or find tenant only service

■ Free rental appraisals

■ Professional referencing service

■ Rent Guarantee scheme available

■ Full inventory checks and regular inspections

SURVEYS AND VALUATIONS■ Building surveys

■ Homebuyer reports

■ Valuations

For more information on any of the above please:

Telephone: 029 2037 0100

Fax: 029 2037 0121

Email: [email protected]

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

The Crown House

Wyndham Crescent

Canton

Cardiff

CF11 9UH

Page 7: 18th May Auction Catalogue

THREE BEDROOM MID TERRACE HOUSE

6 PARK STREET, PENRHIWCEIBER, MOUNTAIN ASH,MID GLAMORGAN, CF45 3YL

property auction catalogue - 18th May 2010, 3pm 5

Lot no. 1

A three bedroom mid terrace house having a pointed stone front elevation,under a pitched slate roof covering. The property requires internal updating butbenefits from uPVC double glazing and gas fired central heating (not tested), theboiler having been removed but will be fitted by the Vendor prior to completion.

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

LGF. Kitchen, utility room, bathroom.

FF. Landing, access to loft, three bedrooms.

OS. Enclosed rear garden.

Tenure: Freehold.

Viewing: Joint Auctioneers, Durbins, Mountain Ash (01443) 473883

Guide Price £39,000 +

THREE BEDROOM MID TERRACE HOUSE

48 AVONDALE ROAD, GELLI, PENTRE, RHONDDA, MID GLAMORGAN, CF41 7TW

Lot no. 2

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

09065 868 151 Full Auction Results

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

Auction Results

An extended three bedroom mid terrace house located withinthe village, having pointed stone front elevation under a pitchedtiled roof covering. The property benefits from uPVC doubleglazing and gas central heating (not tested), but is in need ofimprovement.

Accommodation:GF: Entrance hall, two intercommunicating reception rooms

(formerly two rooms), kitchen, leanto utility area,bathroom with bath, wash hand basin, separate wc.

FF: Three bedrooms.

OS. Steps leading to elevated part paved garden, storage shed,rear lane access.

Tenure:Freehold.

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

Guide Price: £35,000

Durbin & CoE S T A T E A G E N T S

1 Oxford Street, Mountain Ash, Mid Glam. CF45 2PG

Tel: (01443) 473883 / 477888 Fax: (01443) 474855

Joint Auctioneers

Page 8: 18th May Auction Catalogue

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

SEMI DETACHED HOUSE – REQUIRING INTERNAL FINISHING

10 TYNTALDWYN ROAD, TROEDYRHIW, MERTYHR TYDFIL, MID GLAMORGAN, CF48 4NG

A semi detached house in the course of refurbishment, with allinternal works to be completed, but benefiting from uPVC doubleglazing and under floor heating (not tested or inspected). Theproperty has pebble dash rendered elevations under a pitchedtiled roof covering. When completed the accommodation willcomprise:

Accommodation: GF: Lounge, kitchen.

FF: No Staircase part partitioned, will provide three bedroomsand bathroom.

OS. Elevated front garden with steps up to front door, rear patioarea, raised decked area, shared driveway to detachedgarage.

Tenure:Freehold.

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

Guide Price: £46,000 +

Lot no. 3

6

SEMI DETACHED HOUSE

4 ELIZABETH AVENUE, COLCOT, BARRY, VALE OF GLAMORGAN, CF62 9XB

A three bedroom semi detached house located on a localauthority housing estate having colour washed rough cast renderand facing brick elevations beneath a pitched tiled roof covering.The property has been partially improved and benefits from uPVCdouble glazing and gas central heating (not tested).

Accommodation:GF. Entrance hall, lounge, dining room, kitchen.

FF. Landing, three bedrooms, bathroom.

OS. Garden to front with driveway, enclosed rear garden,outhouse to side housing wc.

Tenure:Freehold.

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

Guide Price: £69,000 +

Lot no. 4

Joint Auctioneers

Page 9: 18th May Auction Catalogue

property auction catalogue - 18th May 2010, 3pm 7

FLAT 2 WOODLAND PLACE, BEDLINOG, TREHARRIS, MID GLAMORGAN, CF46 6TN

Lot no. 5SUBSTANTIAL GROUND FLOOR FLAT AND GARAGE

PLEASE NOTEWE ARE UNABLE TO ACCEPT DEPOSITS BY WAY

OF DEBIT OR CREDIT CARD

A three bedroom ground floor flat situated within the village havingpebble dash rendered elevations, benefiting from uPVC double glazingand gas fired central heating (not tested) with extensive views from therear. The flat further benefits from a garage located in a block of threeattached to the property.

Accommodation:GF. Open communal entrance porch, door to hallway, bathroom with

bath, wash hand basin and bidet, separate wc, kitchen, steps up tobedroom with fitted wardrobes, bedroom 2 with airing cupboardhousing central heating boiler and water tank, small singlebedroom, lounge with extensive views over the valley.

OS. Shared garden to front and side, block built storage shed, garage inseparate block.

Tenure:Leasehold 100 years from May 1978 at ground rent of £10 per annum.

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

Guide Price: £39,000 + Joint Auctioneers

Page 10: 18th May Auction Catalogue

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

FORMER SCHOOL & GROUNDS WITH REDEVELOPMENT POTENTIAL

FORMER NEW TREDEGAR PRIMARY SCHOOL, SCHOOL STREET, NEW TREDEGAR, GWENT, NP24 6ET

A detached single storey former school building latterly used as acommunity centre (approx 326 m2 NIA) with natural pointed stoneelevations beneath a pitched roof on a site of approximately 4,600 m2,comprising a recreational yard, parking area and gardens, benefiting fromvehicular access.

The property is considered to have redevelopment potential, subject tothe necessary consents being obtained. In this respect it is recommendedthat any redevelopment or proposed land use changes are discussed withthe Development Control Department of Caerphilly County BoroughCouncil prior to purchase.

Accommodation: GF. Assembly hall, kitchen, dining room, two classrooms, a number of

store rooms and toilet facilities.

OS. Parking area, recreational yard and school gardens.

Tenure:Freehold.

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

Guide Price: £50,000+

Lot no. 6

8

PART REFURBISHED TERRACED HOUSE IN NEED OF COMPLETION

27 UPPER SALISBURY STREET, TREDEGAR, GWENT, NP22 3PU

A traditional four bedroom end of terrace property in a wellestablished residential area close to Tredegar town centre andthe A465 Heads of The Valleys road. The property has sparrendered front, rear and side elevations under a pitched roofand benefits from double glazed fenestration and gas centralheating (not tested), has been part refurbished but variousworks require completion.

Accommodation: GF. Entrance hall, lounge, kitchen, utility room.

FF. Landing, four bedrooms, bathroom.

OS. Enclosed rear yard extending to small garden area.

Tenure:Freehold.

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

Guide Price: £55,000 +

Lot no. 7

WITHDRAWN PRIOR

Page 11: 18th May Auction Catalogue

property auction catalogue - 18th May 2010, 3pm 9

A semi detached house which has been extended with separate access fordual occupation, close to all High Street amenities, Prestatyn Tennis &Bowling Club and well positioned for Primary and High Schools. Althoughimproved and extended further finishing works are required and there is noCompletion Certificate.

Accommodation: Not internally inspected but advised to comprise:

GF: Reception hall, kitchen, family room/conservatory, dining room,lounge.

Annexe: Bedroom, ensuite bathroom, living room/kitchen (not fitted).

FF: Stairs from reception hall, master bedroom, room for ensuite, three further bedrooms, bathroom.

OS. Front garden with large driveway, garage, rear garden.

Tenure:Freehold.

Viewing:Joint Auctioneers, Peter Large, Prestatyn (01745) 888100

Guide Price: £170,000

40 GRONANT ROAD, PRESTATYN, DENBIGHSHIRE, LL19 9NB

Lot no. 8EXTENDED SEMI DETACHED HOUSE WITH ANNEXE FOR DUAL OCCUPATION

FLAT 8A CEFN COED ROAD, CYNCOED, CARDIFFCF23 6AQ

Lot no. 9FLAT IN ESTABLISHED RESIDENTIAL AREA

A two bedroom flat with independent entrance occupying theground floor side extension of an impressive period house situatedin the much sought after Cardiff suburb of Cyncoed within closeproximity of Roath Park Lake and the A48M motorway.

The property has spar rendered elevations beneath a felt covered flatroof and benefits from double glazing and gas central heating (nottested). A programme of refurbishment is required.

Accommodation:GF. Entrance hall, lounge, kitchen, two bedrooms, bathroom.

Tenure:Leasehold, 125 years from 29th September 2002.

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

Guide Price: £119,000 +

Joint Auctioneers

AMG

Page 12: 18th May Auction Catalogue

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

LAND WITH DEVELOPMENT POTENTIAL

LAND OFF WALSH STREET, MOUNTAIN ASH, MID GLAMORGAN, CF45 4XZ

Lot no. 10

An irregularly shaped parcel of land of steep topography with roadfrontage to both Walsh Street and Abercynon Road.

The land is considered to have redevelopment potential, subjectto the necessary consents being obtained. In this respect it isrecommended that any redevelopment or proposed land usechanges are discussed with the Development Control Departmentof Rhondda Cynon Taff County Borough Council prior to purchase.

The land is sold subject to all or any rights, easements, tenancies,licenses or claims which may or may not exist and purchasersmust satisfy themselves in this connection.

Tenure:Freehold.

Viewing: The land is open for inspection but any party entering upon theland does so at their own risk.

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

Guide Price: £7,000 +

PLEASE NOTEBUYERS ARE RESPONSIBLE FOR INSURING ANY PROPERTY

FROM EXCHANGE OF CONTRACTS

FORMER SOCIAL CLUB WITH LAPSED RESIDENTIAL CONSENT

THE TOP HAT CLUB, WOODLAND TERRACE, CWMTILLERY, ABERTILLERY, GWENT, NP13 1LA

Lot no. 11

A blocked up and boarded former social club on various levels havingrendered and colourwashed elevations beneath a profile sheet roofcovering plus various smaller flat roof extensions together with a largecar park at the side. The property is bounded by a sports field at amuch lower level to the rear hence protecting the extensive openviews it currently commands from an elevated location on the sunnyside of the valley. The nearby lakes form a local attraction whichenhance the appeal of the site. The property has a frontage onto thelocal authority highway with good quality houses recently built.

Planning: We are advised that outline consent was granted for residentialdevelopment on the site by Blaenau Gwent County Borough Councilon 3rd February 2006 (Application No C/20050537). This planningconsent has lapsed and interested parties must rely upon their ownenquiries regarding potential development.

Tenure:Freehold.

Viewing:External only.

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

Guide Price: £69,000 +

PLAN FOR IDENTIFICATION PURPOSES ONLY. NOT TO SCALE.

Page 13: 18th May Auction Catalogue

A traditional mid terrace two bedroom house located in close proximity tothe city centre and convenient for access to M4 motorway links, having acolour washed facing brick front elevation beneath a pitched slate roofcovering. The property benefits from uPVC double glazing, but is in need ofrefurbishment throughout.

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

FF. Landing, two bedrooms, bathroom.

OS. Enclosed rear garden.

Tenure:Leasehold. 999 years from 29thSeptember 1890 at a ground rentof £2.80 per annum.

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

Guide Price £75,000 +

property auction catalogue - 18th May 2010, 3pm 11

MID TERRACE HOUSE FOR REFURBISHMENT

85 STAFFORD ROAD, GRANGETOWN, CARDIFF, CF11 6SW

Lot no. 12

Page 14: 18th May Auction Catalogue

RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk12

TOWN CENTRE COMMERCIAL PROPERTY – POTENTIAL INVESTMENT

25 WYNDHAM STREET, BRIDGEND, MID GLAMORGAN, CF31 1EB

A mid terraced commercial premises with dual frontage havingretail use to the ground floor (latterly used as a hair/beauty salon)and office use to the first and second floors situated within thepedestrianised area of Bridgend town centre amidst other retailersand service providers.

The property has a facing brick and colour washed finish beneatha pitched roof to the Wyndham street elevation and smoothrendered and colour washed finish to the Market Street elevation.The ground floor benefits from uPVC double glazed displaywindow (to Wyndham Street) and suspended ceilings withrecessed lighting. The upper floors benefit from double glazedfenestration and suspended ceilings to part, but requiresrefurbishment.

Accommodation:GF. Through retail shop with dual frontage formerly used as a

hairdressing/beauty salon subdivided to provide:

Front. Former hairdressing area/waiting area with storagecupboards off.

Middle. Sales display/waiting area with beauty treatmentroom off.

Rear. Tanning area (waiting area with tanning room)store room and shower room.

NIA approximately 115 sq.m (1237 sq.ft)

Separate entrance from Wyndham Street, stairs to:

FF. Comprising two office suites:

Suite 1 Two offices approximately 28.9 sq.m (311 sq.ft)

Suite 2 Reception area, three offices approximately 76 sq.m (818 sq.ft), wc accommodation.

SF. Office suite comprising three offices approximately 34.45 sq.m (370.8 sq.ft).

Tenure:Freehold.

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

Guide Price: £95,000 +

Lot no. 13

MID TERRACE HOUSE CONVERTED INTO TWO SELF CONTAINED FLATS

16 & 16a EAST ROAD, TYLORSTOWN, FERNDALE,RHONDDA, MID GLAMORGAN, CF43 3HG

A two storey mid terraced property in the village of Tylorstown,latterly converted to comprise two self contained two bedroomflats, having a smooth and spar rendered front elevation beneatha pitched roof. Both flats require total renovation.

Accommodation: GF. No.16: Lounge, kitchen, two bedrooms, bathroom.

FF. No.16a: Independent ground floor entrance with stairs to first floor:

Landing, lounge, kitchen, two bedrooms, bathroom.

OS. Rear not inspected.

Tenure:Freehold.

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

Guide Price: £15,000 +

Lot no. 14

Page 15: 18th May Auction Catalogue

property auction catalogue - 18th May 2010, 3pm

REALTY DHG LTD

Your home may be repossessed if you do not keep up repayments on your mortgage.

Commercial Finance is not regulated by the FSA.

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

To speak with our Mortgage Advisor Jason Walters Call 07830 155627

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A freehold mid terraced commercial premises comprising retail shopto the ground floor with offices to the first floor situated in a busytrading area in Cowbridge Road East amidst other retailers, trademerchants and service providers.

The property has pointed natural stone front elevation beneath aslate covered pitched roof. The ground floor benefits from a fullwidth display window with central glazed door, suspended ceilingsand carpet tiled floor (to shop part). The building has been wired toCAT 5 standard for use with IT networks and telecommunicationsystems (not tested).

Accommodation:GF. Retail sales area which has been subdivided to provide a sales

office and boardroom; store room, kitchenette, rear lobby,store cupboard, wc, workshop/office.

FF. Four separate offices, workshop, gallery office.

OS. Enclosed rear yard with storage shed. To the front are twodesignated parking spaces.

Tenure:Freehold.

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

Guide Price: £119,000 +

RETAIL PREMISES WITH OFFICES OVER – POTENTIAL INVESTMENT

393/395 COWBRIDGE ROAD EAST, CANTON,CARDIFF, CF11 1JG

Lot no. 15

13

Page 16: 18th May Auction Catalogue

RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk14

BUILDING PLOT – CONSENT FOR PAIR SEMI DETACHED HOUSES

A plot of land on a level plateau situated between Llewellyn Street andSunnybank in the heart of the village.

The land benefits from planning consent for the construction of a pair of semidetached houses under Planning Ref No: P/08/1010/FUL, dated 3rd April2009. A copy of the planning consent is available from the AuctioneersOffice.

Services are presumed to have been provided for as part of the adjoiningscheme, but interested parties must satisfy themselves in this connection.

Tenure:Freehold.

Viewing:Open for inspection.

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

Guide Price: £15,000 +

Lot no. 16SITE ON CORNER OF LLEWELLYN STREET/SUNNYBANK,OGMORE VALE, BRIDGEND, MID GLAMORGAN, CF32 7BY

PLAN FOR IDENTIFICATION PURPOSES ONLY. NOT TO SCALE.

AMG

Nationwide Coverage For All Your Maintenance Needs

CALL US ON

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

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

Emergency Boarding @Security Shuttering @

Garden Maintenance @Cleaning Services @

Maintenance

AMG Maintenance

Page 17: 18th May Auction Catalogue

property auction catalogue - 18th May 2010, 3pm 15

A traditional, two storey, two bedroom end terraced housesituated in the village of Troedyrhiw. The property has a sparrendered front elevation beneath a pitched roof withinterlocking concrete tile covering and benefits from doubleglazed fenestration and gas central heating (not tested), butrefurbishment is required throughout.

Accommodation:GF. Entrance lobby, lounge/dining room, kitchen, shower room

stairs to:

FF. Landing, two bedrooms.

OS. Shared rear garden.

Tenure:Freehold.

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

Guide Price: £26,000 +

END TERRACE HOUSE REQUIRING REFURBISHMENT

10 POPLAR STREET, TROEDYRHIW, MERTHYR TYDFIL, MID GLAMORGAN, CF48 4EF

Lot no. 17

A detached portal framed shed type commercial unit with varioussmaller extensions and additions on a long establishedcommercial/industrial estate in Crawford Street, just off CaerleonRoad within a mile of Newport city centre.

The property is within easy reach of Newport Docks or the M4motorway and appears to have been until recently used for foodproduction/distribution. The main building has a profile sheet roofwith matching external wall cladding and aesthetically similaradditions set on a level enclosed site with separate access road.

Accommodation: Not inspected internally but believed to comprise:

Main operational area of approximately 2,500 sq ft together withvarious additions creating a total area in the region of 3,500 sq ft ona site area extending to approx. 600 sq m.

Tenure:Freehold.

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

Guide Price: £65,000 +

DETACHED COMMERCIAL PREMISES ON ESTABLISHED TRADING ESTATE

UNIT 2 CRAWFORD TRADING ESTATE, CRAWFORDSTREET, NEWPORT, GWENT, NP19 7AY

Lot no. 18

PLAN FOR IDENTIFICATION PURPOSES ONLY.

Joint Auctioneers

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RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk16

A three bedroom semi detached house with colour washedconcrete slab elevations beneath a pitched tiled roof covering,located on a residential estate approximately three miles fromPontypridd town centre. The property has been improvedthroughout and benefits from uPVC double glazing and gascentral heating (not tested).

Accommodation:GF. Entrance hall, lounge, kitchen/diner.

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

OS. Elevated front garden approached by steps, enclosed rear garden.

Tenure:Freehold.

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

Guide Price: £49,000 +

Lot no. 19 SEMI DETACHED HOUSE

8 GARTH AVENUE, GLYNCOCH, PONTYPRIDD, MID GLAMORGAN, CF37 3AA

A detached vacant single storey premises with a retail area ofapproximately 60m2 situated on a Local Authority estate inthe former mining village of Bettws approximately 5 milesnorth of Bridgend.

The property has spar rendered elevations beneath a mono-pitched roof with interlocking concrete tile covering to thefront portion of the building and a flat roof with felt coveringto the rear portion. The property requires refurbishment.

Accommodation:GF. Retail area, office/store, wc.

Tenure:Freehold.

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

Guide Price: Nil Reserve

Lot no. 20 DETACHED FORMER RETAIL PREMISES

EASTSIDE STORES, BETTWS ROAD, BETTWS,BRIDGEND, MID GLAMORGAN, CF32 8TB

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

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

Page 19: 18th May Auction Catalogue

property auction catalogue - 18th May 2010, 3pm 17

A large three storey detached premises with colourwashed renderedelevations and uPVC double glazed fenestration beneath a pitched slateroof covering to the main building together with a variety of matchingor flat roof extensions, providing spacious and practical areas for itsleisure related use.

The property is located in a mostly residential area within the NationalHeritage town of Blaenavon, approximately 5 miles from Pontypool.There are a number of visitor and tourist attractions in the surroundingarea and the property is adjoining a public car park.

Accommodation:GF. Entrance porch and main hall with two cloakrooms and access to

major function room with bar counter, dance floor and door tobalcony, lounge, restaurant, inner bar and pool/snooker room, twokitchens and preparation areas plus washing up areas, wellappointed rear toilets.

FF. Private accommodation: Accessed from staircase on inner corridor

Landing, living room, two bedrooms, bathroom withthree piece suite and shower.

SF. Three attic bedrooms in need of upgrade.

OS. Storage yard and stores.

Tenure:Freehold.

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

Guide Price: £89,000 +

FORMER SOCIAL CLUB WITH RESTAURANT, FUNCTION ROOMS AND PRIVATE RESIDENTIAL ACCOMMODATION

THE ARUNDEL CLUB, TONMAWR STREET,BLAENAVON, GWENT, NP4 9JP

Lot no. 21

MEET US AT THIS

AUCTION

working in association

with INFORMATION GROUP

Essent al Fast funding for property professionals

Substantial Funding Available

Established Lender

High QualityClient Care

24hr Funding Available

0844 873 1646www.auctionfi nance.co.uk

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Page 20: 18th May Auction Catalogue

RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk18

A level site on a long established residential estate within walkingdistance of Pembroke Main Street, hosting a variety of shops and socialfacilities. The land is adjoining a combination of privately owned andlocal authority, mostly semi detached housing, but a higher valueresidential development has been recently developed nearby. The landhas planning consent for apartments which may well enjoy a view ofthe attractive Mill Pond with its Swans or Pembroke Castle from theupper floors.

Planning: We are advised that outline planning consent was granted on 24thAugust 2007 under Planning Reference: 06/1561/PA. A copy of theplanning consent will be available from the Auctioneers office.

Tenure:Freehold.

Viewing: The site is fenced but can be externally viewed fromvarious parts of the boundary.

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

Guide Price: £50,000 +

Lot no. 22 RESIDENTIAL DEVELOPMENT SITE – NEAR TOWN CENTRE

LAND AT WOODBINE CLOSE, PEMBROKE, SA71 4PP

All forms of property work undertaken.

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

Morgan Arcade Chambers, 33 St Mary Street, Cardiff CF10 1PHTelephone: 029 2022 1600 Email: enquiries @jmsolicitors.co.uk Website: www.jmsolicitors.co.uk

We can also help with:

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

Local consultations across South Wales available by appointment

Page 21: 18th May Auction Catalogue

Area of land extending to approximately three quarters of anacre located alongside the main road leading to the villages ofJameston and Lydstep, approximately a mile from Manorbierbeach, convenient for the larger towns of Pembroke and Tenby.

There are currently two derelict cottages on the site and weunderstand from the Vendors that no Planning applications havebeen submitted as far back as records are available in 1994.However, all interested parties are advised to make their ownenquiries of Pembrokeshire National Parks Planning Departmentin respect of any planning matters.

The land is sold subject to all rights, easements, claims,tenancies or any other agreements which may or may not exist.

Tenure:Freehold.

Viewing: The land is open for inspection.

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

Guide Price: £39,000 +

FORMER HARPERS HALL COTTAGE AND SMALLANDCOTTAGE, MANORBIER, TENBY, SA70 7SL

property auction catalogue - 18th May 2010, 3pm 19

Lot no. 23TWO DERELICT COTTAGES AND LAND

Page 22: 18th May Auction Catalogue

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

SHOWROOM/OFFICE PREMISES

21 THOMPSON STREET, BARRY, VALE OF GLAMORGAN, CF63 4JL

A three storey mid terrace commercial premises located just off Holton Roadin the town centre of Barry having colourwashed smooth cement renderedelevations benefiting from uPVC double glazing and gas central heating (nottested). There is a modern shop front installed and separate side access doorto upper floors.

Accommodation: GF: Reception room, open plan office, storage room – Totalling

approximately 700 sq ft.

Kitchen, access to rear cloakroom with wc and wash hand basin, inner hallway.

FF: Three offices - Totalling approximately 416 sq ft.

Shower room with shower cubicle, wc and wash hand basin.

SF. Three offices – Totalling approximately 387 sq ft.

OS. Small yard, secure storage area with power (not tested).

Tenure:Freehold.

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

Guide Price: £79,000 +

Lot no. 24

20

COMMERCIAL INVESTMENT WITH SCOPE TO IMPROVE

121A DUNRAVEN STREET, TONYPANDY, RHONDDA,MID GLAMORGAN, CF40 1AS

A part let freehold property within the pedestrianised shopping area ofTonypandy town centre situated between Santander (formerly AbbeyNational) and HSBC banks with retailers and service providers represented.

The ground floor retail premises are let to the Co-Operative Group Limited,the first floor flat being vacant and in need of refurbishment throughout.

Accommodation:GF. SHOWROOM/OFFICES approximately 78 sq m.

FLAT. Accessed from ground floor at rear, entrance hall, lounge, kitchen, twobedrooms, bathroom, stairs to two further rooms.

Tenancies:GF: RETAIL UNIT:

Let on lease for a term of ten years from September 2009 with 5 yearlyrent reviews (21st September 2014) at a current rental of £9,250 perannum exclusive or rates. The tenant is Co-operative Group Limited, anational multiple company. A copy of the lease is available from theAuctioneers office.

FF: FLAT:

Currently vacant but we are advised that the property when refurbishedshould let at a rental in the region of £300 per calendar month.

HENCE TOTAL POTENTIAL RENTS: £12,850 PER ANNUM.

Tenure:Freehold.

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

Guide Price: £119,000 +

Lot no. 25

Page 23: 18th May Auction Catalogue

A spacious self contained three bedroom flat on the first floor of apurpose built block of four properties in St Edeyrns Road in thepopular and sought after residential area of Cyncoed with localshops nearby and convenient for access to Roath Park Lake and theshopping facilities at Wellfield Road. The host building has facingbrick elevations under a pitched tiled roof. The apartment benefitsfrom uPVC double glazing and gas central heating (not tested) but isin need of upgrading.

Accommodation:GF. Entrance door, small hall, stairs to

FF. Large landing with fitted airing cupboards and cloaks, accessto loft, lounge with sliding patio doors onto balcony, archwayto dining area, master bedroom with fitted wardrobes and fullensuite bathroom comprising bath, wash hand basin in vanityunit, wc and bidet, two further bedrooms both with fittedwardrobes, shower room with freestanding shower with washhand basin and wc, kitchen with range of fitted units.

OS. Communal gardens, single garage in separate block.

PLEASE NOTE: The balcony is subject to a Prohibition Orderpreventing use as it is structurally unsafe to use.

Tenure:Leasehold. 99 years from 29th September 1983 at a ground rent of£60 per annum plus insurance rent and service charge.

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

Guide Price: £110,000 +

property auction catalogue - 18th May 2010, 3pm 21

THREE BEDROOM APARTMENT IN SOUGHT AFTER LOCATION FOR IMPROVEMENT

FLAT 4 ALLENS COURT, 3 ST EDEYRNS ROAD,CYNCOED, CARDIFF, CF23 6TB

Lot no. 26

A walled builder’s storage yard with double gates accessed viaprivate shared laneway in a convenient location just offCaerphilly Road with easy access to the main road networkand access to the M4 motorway. The yard comprisesapproximately 1,800 sq ft of open space with consent toenclose the entire area.

Once developed the building would be suitable for a widevariety of storage or workshop uses, hence ideal for owneroccupation or investment.

The containers currently on the site will be removed prior tocompletion.

Tenure:Freehold.

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

Guide Price: £55,000 +

WALLED YARD WITH CONSENT TO ENCLOSE – POTENTIAL INVESTMENT

YARD REAR OF 48 NORTON AVENUE,BIRCHGROVE, CARDIFF, CF14 4AJ

Lot no. 27

PLAN FOR IDENTIFICATION PURPOSES ONLY. NOT TO SCALE.

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Lot no. 29 SUBSTANTIAL CORNER PROPERTY WITH REDEVELOPMENT POTENTIAL

5 GWERTHONOR PLACE, GILFACH, BARGOED, MID GLAMORGAN, CF81 8JP

A traditional and substantial four bedroom corner property withground floor commercial parts, comprising retail shop and formerbakery having road frontage in an established residential area. Theproperty has spar rendered elevations under a pitch tiled roofcovering with double glazed fenestration and gas central heating(not tested).

The property is considered to have redevelopment potential,subject to the necessary consents being obtained and in thisrespect it is recommended that any redevelopment or proposedland use changes are discussed with the Development ControlDepartment of Caerphilly County Borough Council.

Accommodation: GF. Commercial parts: retail shop, store room and

former bakery.

Residential parts: Entrance hall, lounge, kitchen,utility room

FF. Landing, four bedrooms, bathroom, wc.

BASEMENT. Basement accessed from rear yard.

Enclosed rear yard with a former stable building.

Tenure:Freehold.

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

Guide Price: £75,000 +

Lot no. 28 OFFICE PREMISES WITH REDEVELOPMENT POTENTIAL

267 NEW ROAD, PORTHCAWL, BRIDGEND, MID GLAMORGAN, CF36 5BG

A traditional, bay fronted, mid terraced, former residentialdwelling latterly used as office accommodation situated in thepopular town of Porthcawl. The property has smooth renderedelevations beneath a pitched roof and benefits from double glazedfenestration and gas central heating (not tested).

It is considered the property has redevelopment potential subjectto the necessary consents being obtained. In this respectinterested parties are advised to discuss any redevelopment planswith the development control department of Bridgend CountyBorough Council

Accommodation:GF. Entrance hall, office 1, office 2, office 3, rear lobby, wc.

FF. Landing, kitchen with external fire escape, office 4, office 5,office 6.

SF. Landing, office 7, office 8.

OS. Small enclosed forecourt and enclosed yard to rear.

Tenure:Freehold.

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

Guide Price: £85,000 +

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A modernised mid terrace house with a single storey rear extensionin a residential area within easy reach of the town centre and majorroad network. The property has a pointed brick front elevation tofirst floor level with Alpine render above beneath a pitched tiled roofcovering with gas fired central heating (not tested) and uPVC doubleglazed window.

Accommodation:GF. Entrance lobby, lounge with fitted gas fire (not tested),

kitchen/dining room, utility area with sink unit and bathroomwith three piece suite and overbath shower.

FF. Landing, two bedrooms.

OS. Enclosed front courtyard, enclosed rear garden with patio,potential for parking space or garage leading off rear lane,subject to consents.

Tenure:Freehold.

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

Guide Price: £59,000

property auction catalogue - 18th May 2010, 3pm 23

MID TERRACE HOUSE FOR IMPROVEMENT

7 MODEL COTTAGES, PENYARD, MERTHYR TYDFIL, MID GLAMORGAN, CF47 0HS

Lot no. 31

A detached former Chapel of generous proportions located almostadjacent to the Park and Ride Train Station at Pengam, in apredominantly residential area. The Chapel has beendecommissioned and due to its location it is considered to havepotential for residential conversion subject to all necessary planningconsent being obtained.

In this respect the Vendor has had correspondence with CaerphillyCounty Borough Council to assess the possibility of converting theproperty to provide two semi detached houses and has been advisedthat the Council can see no reason why planning consent would notbe granted, but no formal planning application has been submittedto allow possible flexibility of accommodation. A copy of thiscorrespondence is available from the Auctioneers office.

Tenure:Freehold.

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

Guide Price: £49,000 +

DETACHED FORMER CHAPEL – POTENTIAL FOR CONVERSION TO RESIDENTIAL

NAZARETH CHAPEL, STATION ROAD, PENGAM,BLACKWOOD, GWENT, NP12 3XL

Lot no. 30

Buying or Selling at Auction

LEGAL HELPLINE029 2040 4020

22 Newport Road, Cardiff

Page 26: 18th May Auction Catalogue

RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk24

Lot no. 32 PART LET RESIDENTIAL INVESTMENT – SIX SELF-CONTAINED APARTMENTS

THE ODDFELLOWS REST, 200 BRIDGEND ROAD,MAESTEG, BRIDGEND, MID GLAMORGAN, CF34 0NA

A two storey, end of terrace former public house converted and extendedto provide six self-contained apartments. There are 3 x 1 bedroom flatsand a studio flat on the ground floor and the first floor comprises a 1 x 3bedroom flat and 1 x 2 bedroom flat.

The property has natural pointed stone front elevation with uPVC doubleglazed fenestration, beneath a pitched tiled roof. All flats benefit fromindependent electric heating (not tested).

Accommodation & Tenancies:GF. Front communal entrance hall to flats 1, 2, 5 & 6.

Rear communal entrance hall to flats 3 & 4.

FLAT 1. Hall, kitchen/lounge, shower room, bedroom. Currently VACANT but we are advised was previously let at £410per calendar month.

FLAT 2. Entrance lobby, lounge/kitchen, bedroom, shower room.Currently VACANT but we are advised was previously let at £410per calendar month.

FLAT 3. Lounge/kitchen, bedroom, shower room. Let on AssuredShorthold Tenancy Agreement at £410 per calendar month.

FLAT 4. Lounge/bedroom/kitchen area, shower room.Currently VACANT but we are advised was previously let at £380per calendar month.

FF. Communal landing to:

FLAT 5. Entrance hall, Lounge/kitchen, three bedrooms, bathroom.Currently VACANT but we are advised was previously let at £560per calendar month.

FLAT 6. Entrance Hall, Lounge/kitchen, two bedrooms, bathroom.Let on Assured Shorthold Tenancy Agreement at £520 per calendarmonth.

HENCE ACTUAL CURRENT RENTS OF £11,160 PER ANNUMWITH TOTAL POTENTIAL RENTS OF £32,280 PER ANNUMWHEN FULLY LET.

OS. Sizeable rear garden with vehicular access via service lane.

Tenure:Freehold.

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

Guide Price: £259,000 +

A sizeable residential building plot on the main road through Pontycymmer being thesite of the former Zion Chapel (now demolished). The plot is located within a terraceof residential properties and benefits from outline planning consent for residential useto provide a detached house.

Renewal of expired Outline Planning Consent was granted by Bridgend CountyBorough Council on 4/01/2008 under planning reference P/07/1285/OUT for a singledwelling. A copy of the planning consent is available from the Auctioneers office.

Tenure:Freehold.

Viewing:The site is open for inspection

Further Information: Auctioneers Office, Seel & Co (029) 2037117

Guide Price: £9,000 +

Lot no. 33 BUILDING PLOT WITH OUTLINE PLANNING CONSENT

SITE OF FORMER ZION CHAPEL, BETWEEN 166/168 OXFORDSTREET, PONTYCYMMER, BRIDGEND, MID GLAMORGAN, CF32 8DG

Page 27: 18th May Auction Catalogue

property auction catalogue - 18th May 2010, 3pm 25

A three storey property located alongside the main road within the town ofFerndale, having pointed stone front elevation under a pitched slate roofcovering with shop unit to ground floor. The first floor comprises a onebedroom flat with separate access and there is basement storage.

Accommodation: GF. SHOP. Shop unit with display area, kitchen and wc.

FF. FLAT. Living room, bedroom, kitchen and bathroom.

Basement. Storage area.

Tenure:Freehold.

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

Guide Price: £27,000 +

SHOP WITH FLAT OVER

59 DUFFRYN STREET, FERNDALE, RHONDDA, MID GLAMORGAN, CF43 4EW

Lot no. 34

A two storey mid terraced house in a popular residential area,within close proximity to the local amenities offered inBroadway and Clifton Street and close to Newport Road, one ofthe main arterial roads in and out of Cardiff giving access to theM4 motorway.

The property has been converted to comprise a self containedtwo bedroom flat to the ground floor and a self contained onebedroom flat to the first floor, having a smooth rendered frontelevation beneath a pitched roof with interlocking tile coveringand benefitting from double glazed fenestration and partrenovation.

Accommodation: GF. 2 bed flat: Open plan lounge/kitchen, two bedrooms,

bathroom, wc.

FF. 1 bed flat: Lounge, kitchen, bedroom, bathroom.

OS. Enclosed, overgrown rear garden.

Tenure:Freehold.

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

Guide Price: £98,000 +

HOUSE CONVERTED INTO TWO SELF CONTAINED FLATS – POTENTIAL INVESTMENT

33 BRADLEY STREET, ROATH, CARDIFF, CF24 1PE

Lot no. 35

Page 28: 18th May Auction Catalogue

RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk26

Lot no. 37 FREEHOLD GROUND RENTS

MANOR COURT, HEOL HIR, THORNHILL, CARDIFF, CF14 9LB

A parcel of ground rents secured on ten apartments in aprestigious purpose built block in the popular Thornhill area ofCardiff with a range of local amenities nearby and within closeproximity to junction 32 of the M4 motorway and benefitingfrom allocated parking.

The apartments are sold off on leases for a term of 125 yearscommencing 1st January 2007 at a ground rent of £150 perannum per apartment (subject to review), plus service charge.

HENCE TOTAL GROUNDS RENTS £1,500 PER ANNUM.

Tenure:Freehold.

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

Guide Price: £16,000 +

Lot no. 36 TAXI BOOKING OFFICE AND PARKING WITH FLAT OVER – POTENTIAL INVESTMENT

REAR OF 1 CLIVE STREET, CAERPHILLY, MID GLAMORGAN, CF83 1GE

A two storey corner premises with rendered and colourwashedelevations beneath a profile sheet roof covering, comprising a well laidout ground floor reception/office with separate external door andstairs to flat above. The property has partial double glazed windowsand central heating (not tested). Potential to let as two separateunits for investment income.

Accommodation: GF. Glazed double entrance doors to reception area and open plan

office counter, inner office, side lobby with access to stairs andrear stores.

FF. Landing, lounge, kitchen, bathroom, bedroom (potential toconvert into two bedrooms at minimal cost).

OS. Parking space for up to four vehicles.

Tenure:Freehold.

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

Guide Price: £53,000 +

Page 29: 18th May Auction Catalogue

property auction catalogue - 18th May 2010, 3pm 27

A three storey three bedroom mid terrace house having a pebble dashedand colour washed front elevation beneath a pitched tiled roof covering.The property benefits from uPVC double glazing and gas central heating(not tested) and has been recently refurbished throughout.

Accommodation:GF. Living room, bathroom.

LGF. Kitchen/dining room, utility room.

FF. Landing, three bedrooms.

OS. Enclosed rear garden, off road parking with access to rear service lane.

Tenure:Freehold.

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

Guide Price: £49,000 +

RECENTLY REFURBISHED MID TERRACE HOUSE

21 ALEXANDER STREET, ABERTYSSWG, RHYMNEY,GWENT, NP22 5AJ

Lot no. 39

A vacant ground floor two bedroom flat situated in an attractive, private gateddevelopment within the popular village of Dinas Powys lying approximately 5miles outside Cardiff City Centre and 3 miles from the A4232 trunk road. Theflat benefits from an allocated undercover parking space, intercom entry systemand gas central heating (not tested).

Accommodation: GF. Entrance via communal hallway.

FLAT: Entrance hall, two bedrooms, lounge/dining room, kitchen,bathroom.

OS. Communal residents parking area accessed via manually operated gates.

Tenure:Leasehold.

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

Guide Price: £109,000 +

GROUND FLOOR TWO BEDROOM FLAT

9 BRITWAY COURT, BRITWAY ROAD, DINAS POWYS,VALE OF GLAMORGAN, CF64 4AL

Lot no. 38

A three bedroom mid terrace house having a pointed stone frontelevation under a pitched tiled roof covering. The property has beenrecently refurbished and benefits from uPVC double glazed windows andgas central heating (not tested).

Accommodation:GF. Entrance hall, lounge, recently refitted kitchen/diner, bathroom.

FF. Landing, three bedrooms.

OS. Rear yard, steps up to overgrown tiered garden, pedestrian accessto rear lane.

Tenure:Freehold.

Viewing:Joint Auctioneers, Barbara Rees, Tonypandy (01443) 442444

Guide Price: £47,000 +

IMPROVED MID TERRACE HOUSE

71 MADDOX STREET, CLYDACH VALE, TONYPANDY,RHONDDA, MID GLAMORGAN, CF40 2RR

Lot no. 40

Joint Auctioneers

Page 30: 18th May Auction Catalogue

RH Seel & Co - Tel: (029) 2037 0117 - Website: www.rhseel.co.uk28

END OF AUCTIONPLEASE REFER TO AUCTIONEERS

FOR DETAILS OF ANY LATE ENTRIES

Lot no. 41 MID TERRACE HOUSE – FOR REFURBISHMENT

61 HILLSIDE TERRACE, WATTSTOWN, PORTH,RHONDDA, MID GLAMORGAN, CF39 0PE

A three bedroom mid terrace house located in the village,having a colour washed front elevation beneath a pitchedtiled roof covering. The property benefits from uPVC doubleglazed windows and gas central heating (not tested) but is inneed of refurbishment.

Accommodation:GF. Entrance hallway, two reception rooms, kitchen,

bathroom.

FF. Landing, three bedrooms.

OS. Overgrown tiered rear garden.

Tenure:Freehold.

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

Guide Price: £40,000 +

Lot no. 42 REFURBISHED MID TERRACE HOUSE

93 EDWARD STREET, MAERDY, FERNDALE,RHONDDA, MID GLAMORGAN, CF43 4DY

A three bedroom mid terrace house having a pointedstone front elevation under a pitched tiled roof covering.The property has been refurbished and benefits fromuPVC double glazed windows and gas central heating (nottested).

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

kitchen, bathroom.

FF. Landing, three bedrooms.

OS. Enclosed rear yard, steps down to overgrown rear garden.

Tenure:Freehold.

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

Guide Price: £38,000 +

Page 31: 18th May Auction Catalogue

property auction catalogue - 18th May 2010, 3pm 29

TELEPHONE/PROXY BIDDING FORM

DATE OF AUCTION: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ LOT NO: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

BIDDERS NAME: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

ADDRESS: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

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

TELEPHONE NUMBER AT TIME OF AUCTION: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

SOLICITOR’S NAME: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

ADDRESS: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ F.A.O. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

TELEPHONE NO: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

I hereby authorise the Auctioneers staff to bid on my behalf in accordance with the terms and conditions set out herein headed‘bidding by telephone or by letter’, which I confirm I have read and understood.

I request that the Auctioneers attempt to contact me on the telephone at the relevant time to enable me to bid myself. (Delete iftelephone bid is not required).

The bid that I hereby Authorise is: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Lot No: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Auction Date: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Address of Lot: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Maximum Bid: £ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _(words)

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

Signature of the Bidder: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Date: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

If the person signing is not the bidder the signatory warrants that authority has been given by the bidder.

Name: (please print) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Address: (if different from the bidder)

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Telephone No: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Page 32: 18th May Auction Catalogue

BIDDING BY TELEPHONE/LETTER

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

1. The bidder must complete a separate authority form for

each lot and provide a bankers draft, Solicitors, clients

account cheque or cheque signed by a Building Society,

for 10% of the maximum amount bid for each lot,

subject to a minimum of £1,000 or £2,000 (as applicable)

plus Buyers Premium of £250 plus VAT made payable to:

R.H. SEEL & CO.

2. The form must be sent, or delivered to, the Auctioneers

office, The Crown House, Wyndham Crescent, Canton,

Cardiff to arrive before 5pm two working days prior to

the date of that’s months relevant Auction. It is the

bidder’s responsibility to check that the form is received

by telephoning the Auctioneers office.

3. The bidder shall be deemed to have read the ‘Important

Notice’ to be read by all bidder’s, particulars of the

relevant lot in the catalogue and the General and Special

Conditions of Sale. The prospective purchaser shall be

deemed to have taken all necessary professional and legal

advice and to have made enquires and have knowledge of

any announcements to be made from the rostrum of any

amendments relating to the relevant lot. Announcements

can and should be checked by bidders on the day of the

Auction.

4. In the case of telephone bids attempts will be made to

contact the bidder by telephone and if successful, the

bidder may then compete in the bidding. UP TO THE

MAXIMUM OF THE AMOUNT AUTHORISED IN THE

COMPLETED AUTHORITY FORM.

5. In the event that the proposed bidder cannot be

contacted or communication breaks down, or there is any

confusion or disruption, the Auctioneers will bid/continue

to bid on behalf of the bidder up to the maximum of the

authorisation.

6. In the case of written bids the Auction staff will compete

in the bidding up to the maximum of the authorisation.

7. The right is reserved not to bid on behalf of

telephone/written bidders in the event of any error,

doubt, omission or uncertainty of the bid for for any

reason whatsoever. No warranty or guarantee is given

that a bid will be made on behalf of the bidder and no

liability is accepted in this regard.

8. In the event that the telephone/written bid is successful

the Auctioneer will sign the Memorandum of Contract on

behalf of the bidder as a Contract would have been

formed on the fall of the hammer.

9. In the event of a Contract, the deposit monies will be

applied so far as necessary to meet the requirement for a

10% deposit. (or minimum £1,000 or £2,000 as

applicable). In the event that the bidder is unsuccessful in

gaining the contract, the deposit monies shall be returned

to the bidder promptly.

10. Once delivered to the Auctioneers, the authority to bid is

binding on the bidder up to 9.00 pm on the day on which

the particular lot is Auctioned. This is to allow for the

possibility of a Vendor agreeing to sell post Auction

where the bidding has not reached the reserve.

11. The authority can only be withdrawn by notification in

writing delivered to the offices of Seel & Co., two hours

before the start of the Auction on the day the relevant

lot is scheduled to be Auctioned or by delivery into the

hands of the Auctioneers in the Auction room half an

hour before the start of the Auction that day. It is the

bidders responsibility to obtain a receipt on a copy

of the withdrawal notification signed by one

of the Auctioneers staff and without such

a receipt the authority stands and any successful

Contract is binding on the bidder.

12. If the bidder, or the agent, actually bids at the Auction

without having previously withdrawn the authority, the

Auctioneer is at liberty to accept such bid in addition to

any bid from Auction Department staff as empowered

under the telephone/ written authority form. The

Auctioneers would have no liability whatsoever if the

price achieved is the result of this competition

in bidding without intervention from

other bidders.

Page 33: 18th May Auction Catalogue

property auction catalogue - 18th May 2010, 3pm

COMMON AUCTION CONDITIONS

INTRODUCTIONThe common auction conditions have three main sections:

1. Glossary

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

2. The conduct of the auction

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

3. Conditions of sale

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

• General conditions that apply to all lots

• Any extra general conditions in the catalogueor an addendum

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

The conditions are legally binding.

Important notice

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

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

• Read the conditions

• Inspect the lot

• Carry out usual searches and make usual enquiries

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

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

• Have finance available for the deposit and purchaseprice

• Check whether VAT registration and election isadvisable.

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

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

GLOSSARYIn the conditions wherever it makes sense:

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

• a ‘person’ includes a corporate body

• words of one gender include the other genders

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

Actual completion date

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

Addendum

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

Agreed completion date

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

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

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

Arrears

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

Auction

The auction advertised in the catalogue

Auctioneers

The auctioneers at the auction

Business day

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

Buyer

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

Catalogue

The catalogue to which the conditions refer including anysupplement to it

Completion

Completion of the sale of the lot

Conditions

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

Contract

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

Contract date

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

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

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

Documents

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

Extra conditions

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

General conditions

The conditions so headed

Interest rate

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

Lot

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

Old arrears

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

Particulars

The section of the catalogue that contains descriptions ofeach lot

Practitioner

A receiver, administrative receiver or liquidator or a trusteein bankruptcy

Price

The price that the buyer agrees to pay for the lot

Ready to complete

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

Sale memorandum

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

Seller

The person selling the lot

Special conditions

The conditions so headed that relate to the lot

Tenancies

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

Transfer

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

TUPE

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

VAT

Value Added Tax or other tax of a similar nature

VAT election

an election to waive exemption from VAT in respect of thelot

We (and us and our)

The auctioneers

You (and your)

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

Page 34: 18th May Auction Catalogue

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

THE CONDUCT OF THE AUCTION

The Catalogue is issued only on the basis that You acceptthese conditions relating to the conduct of the Auction. They override all other Conditions and can only be varied ifWe agree.

OUR ROLEAs agents for each Seller we have the authority to:

l Prepare the Catalogue from information supplied by oron behalf of each Seller.

l Offer each Lot for sale

l Sell each Lot

l Receive and hold deposits

l Sign each Sale Memorandum

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

Our decision on the conduct of the Auction is final.

We may cancel the Auction, withdraw Lots from sale, or alterthe order in which Lots are offered for sale. We may alsocombine or divide Lots.

You acknowledge that to the extent permitted by law We owe You no duty of care and You have no claim againstUs for any loss.

BIDDING AND RESERVE PRICESWe may refuse to accept a bid. We do not have to explain why.

If there is a dispute over bidding We are entitled to resolve it,and Our decision is final.

Unless stated otherwise each Lot is subject to a reserve price.If no bid equals or exceeds that reserve price the Lot will bewithdrawn from the Auction. The Seller may bid (or ask Us oranother agent to bid on the Seller’s behalf) up to the reserveprice but may not make a bid equal to or exceeding thereserve price.

Where a guide price is given that price is not to be taken as anindication of the value of the Lot or of the reserve price.

THE PARTICULARS AND OTHER INFORMATIONWe have taken reasonable care to prepare Particulars thatcorrectly describe each Lot. However, the Particulars arebased on information supplied by or on behalf of the Sellerand We are not responsible for errors.

The Particulars are for Your information but You must notrely on them. They do not form part of any Contract betweenthe Seller and the Buyer.

If We provide any information or a copy of any document We do so only on the basis that We are not responsible for its accuracy.

THE CONTRACTA successful bid is one We accept as such.

If You make a successful bid for a Lot You are obliged to buythat Lot on the terms of the Sale Memorandum. The Pricewill be the amount You bid plus VAT (if applicable). You mustbefore leaving the Auction.

l Provide all information We reasonably need from You toenable us to complete the Sale Memorandum includingappropriate proof of identity.

l Sign the completed Sale Memorandum

l Pay the deposit.

and if You do not We may either:

l As agent for the Seller treat that failure as Yourrepudiation of the Contract and offer the Lot for saleagain: the Seller may then have a claim against You forbreach of contract

l Sign the Sale Memorandum on Your behalf.

Deposits must be paid by cheque or by bankers’ draft drawnon an Approved Bank in Our favour. The Catalogue stateswhether We also accept cash, or debit or credit cards.

We may retain the Sale Memorandum signed by or on behalfof the Seller until We receive the deposit in cleared funds.

If You make a successful bid for a Lot:

l You are personally liable to buy it even if You are actingas an agent. It is Your responsibility to obtain anindemnity from the person for whom You are the agent

l Where the Buyer is a company You warrant that theBuyer is properly constituted and able to buy the Lot

l If the Buyer does not comply with its obligations underthe Contract You are personally liable to buy the Lot andmust indemnify the Seller in respect of any loss theSeller incurs as a result of the Buyer’s default.

Page 35: 18th May Auction Catalogue

property auction catalogue - 18th May 2010, 3pm

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

1. The lot

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

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

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

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

(b) matters registered or capable of registration by any competent authority or under theprovisions of any statute

(c) notices, orders, demands, proposals and requirements of any competent authority

(d) charges, notices, orders, restrictions, agreements and other matters relating to town andcountry planning, highways or public health

(e) rights, easements, quasi-easements, and wayleaves

(f) outgoings and other liabilities

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

(h) matters that ought to be disclosed by the searches and enquiries a prudent buyer wouldmake, whether or not the buyer has made them

(i) anything the seller does not and could not reasonably know about

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

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

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

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

1.7 The buyer buys with full knowledge of:

(a) the documents whether or not the buyer has read them

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

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

2. Deposit

2.1 The amount of the deposit is the greater of:

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

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

2.2 The deposit:

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

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

2.3 Where the auctioneers hold the deposit as stakeholder they are authorised to release it and anyinterest on it to the seller on completion or, if completion does not take place, to the personentitled to it under the conditions.

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

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

3. Transfer of risk and insurance

3.1 From the contract date the seller is under no obligation to insure the lot and the buyer bears allrisk of loss or damage unless:

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

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

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

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

(b) must use reasonable endeavours to maintain that or equivalent insurance and pay thepremiums when due

(c) gives no warranty as to the adequacy of insurance

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

(e) must, unless otherwise agreed, cancel the insurance at completion

(f) is to hold in trust for the buyer any insurance payments that the seller receives in respectof loss or damage arising after the contract date

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

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

(a) to the buyer or

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

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

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

4. Title

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

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

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

(b) if the lot is not registered land the seller is to give to the buyer within five business daysan abstract or epitome of title starting from the root of title mentioned in the specialconditions (or, if none is mentioned, a good root of title more than 15 years old) andmust produce to the buyer the original or an examined copy of every relevant document

(c) the buyer has no right to object to or make requisitions on any title information morethan seven business days after that information has been given to the buyer.

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

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

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

4.4 If title is in the course of registration title is to consist of certified copies of:

(a) the documents sent to the Land Registry

(b) the application to the Land Registry

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

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

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

5. Transfer

5.1 Unless a form of transfer is set out in the special conditions:

(a) the buyer must supply a draft transfer to the seller at least ten business days before theagreed completion date and the engrossment (signed as a deed by the buyer if condition5.2 applies) five business days before that date or (if later) two business days after thedraft has been approved by the seller and

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

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

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

6. Completion

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

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

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

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

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

6.4 Unless the seller and the buyer otherwise agree completion takes place when both havecomplied with their obligations under the contract and the total payment is unconditionallyreceived in the seller’s conveyancer’s client account.

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

6.6 Where applicable the contract remains in force following completion.

7. Notice to complete

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

7.2 The person giving the notice must be ready to complete.

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

(a) rescind the contract

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

(c) forfeit the deposit and any interest on it

(d) resell the lot and

(e) claim damages from the buyer.

GENERAL CONDITIONS OF SALE

Page 36: 18th May Auction Catalogue

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

GENERAL CONDITIONS OF SALE continued...

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

(a) rescind the contract and

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

8. If the contract is brought to an end

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

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

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

9. Landlord’s licence

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

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

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

9.4 The seller must:

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

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

9.5 The buyer must:

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

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

9.6 If within three months of the contract date (or such longer period as the seller and buyer agree)the licence has not been obtained the seller or the buyer may (if not then in breach of anyobligation under this condition) by notice to the other rescind the contract at any time beforelicence is obtained. Rescission is without prejudice to the claims of either seller or buyer forbreach of this condition 9.

10. Interest and apportionments

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

10.2 The seller is not obliged to apportion or account for any sum at completion unless the seller hasreceived that sum in cleared funds. The seller must pay to the buyer after completion any sum towhich the buyer is entitled that the seller subsequently receives in cleared funds.

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

(a) the buyer is liable to pay interest and

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

10.4 Apportionments are to be calculated on the basis that:

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

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

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

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

11. Arrears

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

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

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

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

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

(d) if reasonably required, allow the seller’s conveyancer to have on loan the counterpart ofany tenancy against an undertaking to hold it to the buyer’s order

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

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

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

12. Management

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

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

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

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

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

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

13. Rent deposits

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

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

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

(a) observe and perform the seller’s covenants and conditions in the rent deposit deed andindemnify the seller in respect of any breach

(b) give notice of assignment to the tenant and

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

14. VAT

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

14.2 Where the special conditions state that no VAT election has been made the seller confirms thatnone has been made by it or by any company in the same VAT group nor will be prior tocompletion.

15. Transfer as a going concern

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

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

(a) is registered for VAT and

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

15.3 The buyer:

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

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

(c) is to give to the seller as early as possible before the agreed completion date evidence ofthe VAT registration and that a VAT election has been made and notified in writing toHM Revenue and Customs

(d) must not revoke the VAT election.

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

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

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

(b) collect the rents payable under the tenancies and charge VAT on them

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

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

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

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

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

(b) the buyer must within five business days of receipt of the VAT invoice pay to the sellerthe VAT due and

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

16. Capital allowances

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

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

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

16.4 The seller and buyer agree:

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

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

17. Maintenance agreements

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

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

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property auction catalogue - 18th May 2010, 3pm

18. Landlord and Tenant Act 1987

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

18.2 Unless the special conditions state otherwise the seller warrants that the seller has compliedwith sections 5B and 7 of that Act and that the requisite majority of qualifying tenants has notaccepted the offer.

19. Sale by practitioner

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

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

19.3 The practitioner and the practitioner’s partners and staff have no personal liability in connectionwith the sale or the performance of the seller’s obligations. The transfer is to include adeclaration excluding the personal liability of the practitioner and of the practitioner’s partnersand staff.

19.4 The lot is sold:

(a) in its condition at completion

(b) whether or not vacant possession is provided

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

(d) with no title guarantee.

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

19.5 Where relevant:

(a) the documents must include certified copies of the charge under which the practitioner isappointed, the document of appointment by the lender and the practitioner’s acceptanceof appointment, and

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

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

20. TUPE

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

20.2 If the special conditions state that TUPE applies then:

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

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

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

21. Environmental

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

21.2 The seller has made available such reports as the seller has as to the environmental condition ofthe lot and has given the buyer the opportunity to carry out investigations (whether or not thebuyer has read those reports or carried out any investigation) and the buyer admits that thepricetakes into account the environmental condition of the lot.

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

22. Service charge

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

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

22.3 Within two months after completion the seller must provide to the buyer a detailed servicecharge account for the service charge year current on completion showing:

(a) service charge expenditure attributable to each tenancy

(b) payments on account of service charge received from each tenant

(c) any amounts due from a tenant that have not been received

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

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

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

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

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

22.5 In respect of service charge expenditure that is not attributable to any tenancy the seller mustpay any incurred in respect of the period before actual completion date and the buyer must payany incurred in respect of the period after actual completion date. Any necessary monetaryadjustment is to be made within five business days of the seller providing the service chargeaccount to the buyer.

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

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

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

23. Rent reviews

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

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

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

23.4 The seller must:

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

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

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

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

23.7 If a rent review is agreed or determined before completion but the increased rent and anyinterest recoverable from the tenant has not been received by completion the increased rent andany interest recoverable is to be treated as arrears.

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

24. Tenancy renewals

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

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

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

24.4 Following completion the buyer must:

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

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

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

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

25. Warranties

25.1 Available warranties are listed in the special conditions.

25.2 Where a warranty is assignable the seller must:

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

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

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

(a) hold the warranty on trust for the buyer

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

26. No assignment

The buyer must not assign, mortgage or otherwise transfer or part with the whole or any part ofthe buyer’s interest under this contract.

27. Notices and other communications

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

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

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

28. Contracts (Rights of Third Parties) Act 1999

The contract is enforceable only by the seller and the buyer and (if applicable) their successors intitle and, to the extent permitted by the conditions, by the auctioneers.

GENERAL CONDITIONS OF SALE continued...

Page 38: 18th May Auction Catalogue

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

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

our clients.

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

■ Any offer will be assumed to be your best and final offer and we cannotguarantee that you will be invited to increase your bid in the event of analternative, satisfactory offer being received prior to exchange.

DATE OF NEXT AUCTION 13TH JULY 2010 CLOSING DATE FOR ENTRIES 16TH JUNE 2010

FOR FREE AUCTION APPRAISAL TOENTER A PROPERTY TO AUCTION

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

The Crown HouseWyndham CrescentCantonCardiffCF11 9UH

Please contact

■ Wendy Jones (029) 2037 0116

■ Mansel Edmunds (029) 2037 0117

■ Eleanor Byrne (029) 2037 0117

■ Kristy Perry (029) 2037 0104

■ Penny Cody (029) 2037 0122

Page 39: 18th May Auction Catalogue

MEMORANDUM OF CONTRACT

AGREEMENT DATE: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

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

PROPERTY: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

PURCHASERS NAME: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

ADDRESS: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

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

TEL NO: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

I /We do acknowledge that we have this day purchased the property described in the attached particulars and subject to theforegoing conditions.

for the sum of: £ _ _ _ _ _ _ _ _ _ _ having paid to the Auctioneers a deposit of: £ _ _ _ _ _ _ _ _ _ _

(in words _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _)

I/We hereby agree to pay the balance and to complete the purchase according to particulars, general and special conditionsof sale applicable to all or individual lots.

COMPLETION DATE: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

SIGNED BY OR ON BEHALF OF PURCHASER: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

NAME OF SIGNATORY: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

PURCHASE PRICE: £ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

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

BALANCE PAYABLE: £ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

VENDOR: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

SIGNED AS AGENTS FOR VENDOR(S): _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

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

ADDRESS: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

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

TEL NO: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

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

DULY AUTHORISED TO ACCEPT NOTICES FOR PURPOSE OF THIS CONTRACT.

CM

YK

Page 40: 18th May Auction Catalogue

Park Inn CardiffCircle Way East

LlanedeyrnCardiff

CF23 9XF

Tel: 029 2058 9988

www.rhseel.co.uk

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20

NEWPORT

BLACKWOOD

A

A4042

M

A449

A

A48

A468

A469

A467

A472A4051

29a

33

32

27

28

26

29

25a

2524

2M4

BARRY

H

A470(T)

A

CARDIFF

30

CAERPHILLY

L

A4232

PONTYPRIDD

A48

A48

SOU

THER

N W

AY

EASTERN

AVEN

UELLA

NEDERYN RD

CIRC

LE W

AY E

AST

A42

32

PARK INNHOTEL

A48

LLANEDERYNINTERCHANGE