Property Auction...*Guide prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change

www.venmores.co.uk | 0151 236 6746

The Town Hall, High Street, Liverpool, L2 3SW

PropertyAuction1.00pm Wednesday13th April 2016


Another GreatStartWhat a start to 2016! Our February auctionproved to be one of our most successful todate, with 40 sales from the lots offered,producing a success rate of 93% - furthershowcasing the benefits of our pro-active,committed approach to securing deals for ourvendors. Venmores have repeatedly showedour ability to deliver results for customers andthis auction has highlighted both theencouraging improvements in the localproperty market and the fact that VenmoreAuctions are the team who can consistentlycapitalise on such improvements and securethe right deals, at the right prices.2016 shows all the signs of being another yearof improvement for the local market, withLiverpool going from strength to strength withmore and more buyers looking to capitalise onthe great values and high yields on offer fromstudent properties, to residential lets anddevelopment opportunities. The city looks setto become a real juggernaut of industry in thecoming years, making now the perfect time toinvest in Liverpool.This auction is littered with excitingopportunities with an array of differentpotential end uses. We have two ratherunusual lots on offer with the substantial ex-NHS properties on Rose Lane and SeymourTerrace, which have generated a ton ofinterest and have captured the imagination ofbuyers with such huge potential to developeither property in any number of differentways. We have a number of flats in Mill ViewTower which are perfect for the armchairinvestor – positioned in the heart of the city’sstudent district, the properties can bepurchased with sitting tenants alreadygenerating a staggering yield of around 15%and a strong likelihood for capital appreciationgiven the influx of students and professionalsto the area.We hope to see you all at the town hall forwhat should be another exciting afternoon.Good luck!

A Quick Guide to AuctionsPrior to AuctionWe would advise that the majority of auction properties can be inspected prior to the auctiondate. Viewing can be made by contacting the Auction Team on 0151 236 6746.Each lot is sold subject to the conditions of sale as printed in this catalogue and containedwithin the Contract. We would recommend you seek legal advice if you are in any doubt as tothe content of these conditions.If you are interested in bidding for a lot, we suggest that you pass a copy of this catalogue toyour Solicitor who can then start the necessary legal enquiries. As you will enter into a bindingcontract with the fall of the hammer and pay a non-refundable deposit, your financialarrangements should be made in advance.In the event that you are unable to attend the Auction it is possible to bid by telephone or proxyand further details can be obtained from Venmore Auctions. All bidders who cannot attend onthe date must register their telephone or proxy bid by 10am on the day of the auction.A guide price is provided for each lot. This is intended purely as an indication of the suggestedvalue a reserve price is set for each property and this figure is not disclosed to the public priorto the auction date.Sometimes a property may be sold prior to auction, postponed or withdrawn. We advise thatyou check our website or telephone the auction department on the morning of the Auction toconfirm that the lot(s) you are interested in are included in the sale.On Auction DayAn auction addendum sheet will be made available on our website and on the day of auction.We would advice all interested parties check the addendum for any variations to the propertythey are bidding on.Legal packs for each property will be available on our website prior to the auction and are alsoavailable in the auction room for inspection. There will also be solicitors in attendance at theauction if you have any queries on the legal packs.You do not need to pre-register to attend the auction, however if you are intending on biddingon a lot(s), you will need to bring with you 2 forms of identification, details of your solicitors andyour 10% Deposit and Buyers fee which can be paid by card, cheque, bankers draft or cash.

Contact Us...Ronan Connolly – Auction DirectorEmail: [email protected]

Helen Wilson – Auction Co-ordinatorEmail: [email protected]

Ruby Fletcher – Auction Co-ordinatorEmail: [email protected]

Phil Dillon – Auction Sales ManagerEmail: [email protected]

Price Information*Guide prices are provided as an indication of each seller's minimum expectation.They are not necessarily figures which a property will sell for and may change at anytime prior to the auction. Each property will be offered subject to a Reserve price (afigure below which the Auctioneer cannot sell the property during the auction) whichwe expect will be set within the Guide Range or no more than 10% above a singlefigure Guide.Reserve price is the seller’s minimum acceptable price at auction and the figure belowwhich the auctioneer cannot sell. The reserve price is not disclosed and remainsconfidential between the seller and the auctioneer. Both the guide price and thereserve price can be subject to change up to and including the day of the auction.

We are now accepting instructions for our

2nd June 2016 Auction

Closing date 6th May 2016

Contact our team on 0151 236 6746


Order of LotsLots 1-50

Lot Address Guide Price*

* Please refer to inside front cover.

1 2 Pope Street, Bootle, L20 4PH SOLD PRIOR

2 13 Townsend Lane, Anfield, Liverpool, L6 0AX £15,000 Plus

3 143 Highfield Road, Birkenhead, CH42 2BX SOLD PRIOR

4 12 Mayfair Close, Anfield, Liverpool, L6 5JS £20,000 - £25,000

5 Fleet Street Barn, Southport Road, Scarisbrick, Ormskirk, L40 9RF £250,000 Plus

6 10 Mill View Tower, Liverpool, L8 6TL £25,000 - £30,000


8 42 Withens Lane, Wallasey, CH45 7NN SOLD PRIOR

9 74 Russell Road, Mossley Hill, Liverpool, L18 1EB £120,000 Plus

10 1 Rose Lane, Liverpool, L18 8AD £275,000 Plus

11 15 Diana Street, Liverpool, L4 5RX £35,000 Plus

12 33 Saker Street, Liverpool, L4 0RA £25,000 - £30,000



15 53 Radway Road, Liverpool, L36 8HD £45,000 - £50,000

16 18 Mason Street, Waterloo, Liverpool, L22 8QX £35,000 Plus

17 513 A West Derby Road, Liverpool, L13 8AA £20,000 Plus

18 575 West Derby Road, Liverpool, L13 8AE £60,000 - £70,000

19 Garages at 112-114 Gray Street, Bootle, L20 4PR £20,000 - £25,000

20 47 East Street, Liverpool, L22 8QR £65,000 Plus

21 13 Church Road West, Liverpool, L4 5UE £45,000 Plus

22 235 B Finch Lane, Knotty Ash, Liverpool, L14 4AE £30,000 Plus

23 SFF 87 Anfield Road, Liverpool, L4 0TJ £25,000 Plus

24 65 East Lancashire Road, Liverpool, L11 7AY £45,000 Plus



27 Land to rear of 30 Parkfield Road, Aigburth, Liverpool, L17 8UJ £185,000 Plus

28 Land at Great Mersey Street, Liverpool, L5 7TR £45,000 Plus

29 Land at 24 Freehold Street, Liverpool, L7 0JJ £50,000 Plus

30 Ground rents , 47 & 49 East Street, 16 & 18 Mason Street, L22 8QR £5,000 Plus

31 5 Albany Road, Old Swan, Liverpool, L13 3BJ £90,000 Plus

32 104 Lodge Lane, Liverpool, L8 0QN £325,000 Plus

33 6 Ennerdale Court, North Drive, Wallasey, CH45 0LZ £70,000 Plus

34 84 Beaumont Street, Liverpool, L8 0XA £60,000 - £65,000



37 7 Ash Grove, Prescot, L35 5BD £75,000 Plus

38 6 Littlewood Close, Whiston, Prescot, L35 3XQ £150,000 Plus



41 4 Homebank House, 1 Bidston Road, Prenton, CH43 2GB £20,000 Plus

42 10 Kingscourt, Kings Mount, Prenton, CH43 5RG £40,000 - £45,000

43 59 Caldy Road, Liverpool, L9 4RZ £65,000 Plus

44 115 Adelaide Road, Kensington, Liverpool, L7 8SH £75,000 Plus

45 155 Kensington, Liverpool, L7 2RE £100,000 Plus

46 41 - 43 Seymour Terrace, Seymour Street, Liverpool, L3 5PE £250,000 Plus

47 Flat 7b, 3-7 Buckingham Road, Liverpool, L13 8AY £25,000 Plus

48 Flat 3b, 3-7 Buckingham Road, Liverpool, L13 8AY £25,000 Plus

49 144 Parr Stocks Road, St Helens, WA9 1PB £30,000 - £35,000

50 75 Sutcliffe Street, Liverpool, L6 6AS £30,000 Plus

Notice toprospective buyers

1. PARTICULARS OF SALE

1.1 It is your responsibility to check the following mattersin respect of each Lot you are interested in before theAuction:

• All measurements & Areas• Description & Location• Lease & Occupiers Details• Fixtures & Fittings• Contamination & Structure

1.2 You are advised to check the above matters by:

• Inspection• Survey• Enquiry• Searches

2. CONDITIONS OF SALE

2.1 If you are the successful Bidder of any Lot you will,from the moment that the Auctioneers gavel falls,become legally bound by the conditions of sale in relationto that lot.

2.2 It is assumed that you have read and considered theconditions of sale and any other relevant documents andthat you have taken professional advise before bidding.

2.3 The conditions of sale consist of the following:

• This Notice to Prospective Buyers• The Common Auction Conditions as printed atthe back of the catalogue

• The Special Conditions of Sale for each lot(available at the Auctioneers offices or online)

• Any Addendum relating to the Lot

3. LIABILITY OF BIDDER

3.1 If you bid at Auction, you will be personally liable inrespect of any accepted bid. This will be the case if youbid as agent or other representative for another party

3.2 If you bid as agent or representative then you and theperson or organisation on whose behalf you have bid willbe jointly and severally liable under the contract of sale.

4. ORDER OF SALE, SALES PRIOR TO AUCTIONAND WITHDRAWN LOTS

4.1 Lots will be offered for sale at the auction inaccordance with the order of sale, printed hereafter. Anannouncement will be made regarding all lots that havebeen sold prior or withdrawn from sale.

4.2 The Auctioneers have the right to sell or to withdrawnlots without giving reasons at any time before the salebegins

4.3 You should contact the Auctioneers before the auctionto check whether lots have been sold prior or withdrawn.

4.4 Neither the Auctioneers nor the Seller will have anyresponsibility towards you in relation to any loss orwasted costs that you may incur in respect of lots soldprior or withdrawn.

5. GUIDE PRICES AND RESERVES

5.1 The guide prices are listed in the catalogue, this ispurely an estimate of the price that the auctioneersconsiders the lot might be sold for. It is your responsibilityto decide how much you should bid for any lot.

5.2 The Auctioneers have not carried out valuations forany of the lots to be offered for sale at the auction.

5.3 You are strongly advised to consult your ownprofessional advisors regarding the value of any lot.

5.4 The reserve price for any lot might exceed or be lowerthan the guide price quoted at any time for that lot.

5.5 The majority of lots will be offered for sale subject toa reserve price. Any exceptions will be announced on theday of the auction

6. PROCEDURES

6.1 When a lot is knocked down to you by the auctioneer,a legally binding contract is immediately created. Theterms of the contract will be those set out in theconditions of sale referred to above.

6.2 After the lot is knocked down to you, you must giveyour details, including your name, address, and solicitorsname and address and produce identification such as adriver’s license or passport.

6.3 If you do not give your details when requested or paythe deposit, the auctioneers have the right to re-offer thelot for sale and to treat you as being in breach of contract.Even if the lot is re-offered for sale, the Seller might havea legal right or action against you for the breach ofcontract.

6.4 The lot will be at your risk from the moment it isknocked down to you by the auctioneers which meansthat you should immediately arrange for it to be insured.If this is not the case, it should be made clear in thespecial conditions of sale for that lot.

7. DEPOSIT

7.1 If a lot is knocked down to you must pay the deposit,which is usually 10% of the sale price subject to aminimum of £2,000. The amount of the deposit might bealtered by the special conditions of sale for the lot so youshould check them carefully before the auction. You willalso be required to pay the Buyers Fee of £400.00+Vatunless specified differently in sales particulars. This mayvary and will be noted within the Sales Particulars or onthe addendum issued on day of auction.

7.2 Cheques for the deposit are acceptable unlessotherwise stated. Bankers Drafts, Building SocietyCheques and Solicitors Client accounts cheques are alsoacceptable.

7.3 We can accept payment for the deposit and buyersfees by Credit or Debit Card, however there is a 3%administration charge if this is paid by credit card.

7.4 Deposit cheques are accepted on the basis that thereare adequate cleared funds in the account upon whichthe cheque is drawn. The Seller may take action againstyou if your cheque is not honoured on first presentation.You are therefore strongly advised to ensure there areadequate funds available in the account to meet anydeposit cheque(s) that are drawn as a result of theauction.

7.5 All deposit cheques should be made payable toVenmore Auctions, unless the special conditions of salestate otherwise

8. PROXY & TELEPHONE BIDDING

8.1 If you are unable to attend the auction you may beable to bid by proxy or telephone.

8.2 If this is the case, you will need to complete theregistration form printed towards the back of thecatalogue and send it to the auctioneers with yourdeposit before the auction.

8.3 If you bid by proxy or telephone, you will be legallybound by the terms and conditions printed at the backof the catalogue.

9. LEGAL PACKS

9.1 Legal packs are available Online and at theauctioneers offices prior to auction, however please makecontact to check whether they are available.

9.2 The legal packs will be available for inspection byprospective buyers or their legally representativesapproximately 2 hours before the commencement of thesale in the auction room.

9.3 If you require copies of the legal pack for a particularlot please contact the Auction team on 0151 236 6746or go online to www.venmoreauctions.co.uk

10. KEYS

10.1 Potential buyers wishing to inspect the propertyprior to auction must do so by arrangement with theauctioneer’s offices.

10.1 The successful purchaser will not be entitled to keysor access to vacant properties until the completion of thesale. If access is required it may be arranged through ouroffices with the permission of the seller or the sellerssolicitor.

CH

WA

WA

L38

L23

L22L21

L30

L31

L33L32

L10

L9

L4

L5

L3L2

L1

L6

L7

L13

L11

L12

L34

L36

L35

L26

L27

L25

L24

L19

L18

L16L15

L17

L8

L14

L20

L29

A large scale map is available onthe inside back cover.

What happens next?If you are thinking of buying, call the sales team on 0151 236 6746 and they willanswer any questions you may have.

If you like the property, arrange a viewing, one of the team will show your around the property. You can make a bidbefore the auction day, and if a good enough bid the seller might decide not to go to auction. If you want to buyon auction day, don’t be shy, make sure the auctioneer sees your bid, don’t leave the auction house wishing youhad bid further on a good investment. If you win your bid, then you will need to pay 10% deposit (min £1500) andpay a £400 + Vat buyers fee and then complete the transaction in 28 days.

As with the nature of auctions there is no exact selling price but the valuer will be able to provide you with a guideof its selling price in the current market. But don’t be surprised if properties sell for more than double the guideprice, thats just the nature of auctions!

If you are thinking of Selling, call the sales team on: 0151 236 6746 and they willarrange a free auction valuation at a time to suit you.



Previous Auction Results17th February 2016

Lot Address Sold for1 42 Pope Street, Bootle, L20 4PH SOLD2 151 Hornby Road, Bootle, L20 5BZ SOLD3 10 Elephant Lane, Thatto Heath, St. Helens, WA9 5QG SOLD4 25 Claude Road, Liverpool, L6 0BT SOLD LATER5 513 A West Derby Road, Liverpool, L13 8AA POSTPONED6 53 Rector Road, Liverpool, L6 0BY SOLD LATER7 11a Birchfield Road, Walton, Liverpool, L4 5US SOLD PRIOR8 309 Warbreck Moor, Liverpool, L9 0HX SOLD LATER9 51 - 53 Breck Road, Anfield, Liverpool, L4 2QS WITHDRAWN10 Land at 2 Dorset Road, Anfield, Liverpool, L6 4DX SOLD11 24 New Road Court, Liverpool, L13 8EF SOLD12 Bootle Irish National Club, 254 - 260 Derby Road, Bootle, L20 8LJ POSTPONED13 45 Waltham Road, Liverpool, L6 0BL SOLD LATER14 19 Esmond Street, Liverpool, L6 5AY SOLD15 146 Gloucester Road North, Liverpool, L6 4DT SOLD PRIOR16 Flat 9, Drummoyne Court, The Serpentine North, Liverpool, L23 6UT SOLD17 130 Prescot Road, St. Helens, WA10 3TY SOLD18 55 Hillfoot Road, Liverpool, L25 0ND SOLD PRIOR19 40 Heathfield Road, Wavertree, Liverpool, L15 9EZ SOLD PRIOR20 166 Roby Road, Huyton, Liverpool, L36 4HQ SOLD PRIOR21 28 New Lane, Southport, PR9 8LQ SOLD22 299 Utting Avenue, Liverpool, L4 9RB SOLD23 38 Green Lane, Stoneycroft, Liverpool, L13 7EA POSTPONED24 17 Sandown Lane, Liverpool, L15 8HY SOLD LATER25 3 Lesseps Road, Liverpool, L8 0RD SOLD LATER26 80 C Smithdown Road, Liverpool, L7 4JQ SOLD LATER27 Apartment 1, 150 Upper Parliament Street, Liverpool, L8 7LL SOLD LATER28 134 Queens Drive, Walton, Liverpool, L4 6XD SOLD PRIOR29 423 Walton Breck Road, Liverpool, L4 2RW SOLD PRIOR30 5 Gwydir Street, Liverpool, L8 3TJ SOLD LATER31 20 Hadfield Street, Northwich, CW9 5LU SOLD LATER32 144 Parr Stocks Road, St. Helens, WA9 1PB AVAILABLE33 76 Graham Street, St. Helens, WA9 1LY WITHDRAWN34 7 Cotswold Grove, St. Helens, WA9 2JD WITHDRAWN35 80 Seaview Road, Liscard, CH45 4LB SOLD PRIOR36 137 Brighton Street, Wallasey, CH44 8DT SOLD37 1 Armley Road, Liverpool, L4 2UN SOLD38 45 Trafalgar Road, Wallasey, CH44 0DZ SOLD PRIOR39 42 Withens Lane, Wallasey, CH45 7NN SOLD40 7 Fountains Road, Liverpool, L4 1QH AVAILABLE41 97 Breeze Hill, Liverpool, L9 1DZ SOLD42 56 Pope Street, Bootle, L20 4PH SOLD LATER43 72-74 Lower Breck Road, Liverpool, L6 4BZ SOLD PRIOR44 81 Queens Drive, Wavertree, Liverpool, L15 7ND SOLD45 8 Heron Road, Meols, Wirral, CH47 9RU SOLD46 37 Valley Road, Liverpool, L4 0UD SOLD PRIOR47 143 Highfield Road, Birkenhead, CH42 2BX POSTPONED48 85/86 Melrose Road, Kirkdale, Liverpool, L4 1RP SOLD49 67 Mount Road, Birkenhead, CH42 6PW SOLD LATER


Best Sellsfrom previous auction

Guide Price £35,000 Plus10 Elephant Lane, WA9

sold for

£46,000

Guide Price £90,000Flat 9 Drummoyne Court, L23

sold for

£106,500

Guide Price £15,000 - £20,000299 Utting Avenue, L4

sold for

£37,500

Guide Price £80,000 Plus1 Armley Road, L4

sold for

£88,000

Guide Price £165,000 Plus81 Queens Drive, L15

sold for

£199,000

Guide Price £170,000 Plus8 Heron Road, CH47

sold for

£198,000


Future Auctions

Auction Dates 2016

2nd June 2016

20th July 2016

14th September 2016

26th October 2016

14th December 2016All dates are subject to change

Now taking instructions forour June auction,

Demand is highest it’s beenfor years book early for your

100% free appraisal

To arrange a free no obligation appraisal please contact the auction team

on 0151 236 6746 or [email protected]

VenueThe Town HallHigh StreetLiverpoolL2 3SW

Tel 0151 236 6746

www.venmores.co.uk | 0151 236 6746* Please refer to inside front cover.

2 Pope Street, Bootle, L20 4PHGuide Price* SOLD PRIOR INVESTMENT

LOT

1

DescriptionThis is a two bedroom end terraced house currently let by way of anAssured Shorthold Tenancy producing £4,800 per annum. The propertyhas recently undergone a scheme of refurbishment and benefits fromdouble glazing and central heating.

LocationOff Gray Street in a popular residential location within close proximity tothe shops and services on Knowsley Road

AccommodationGround Floor: Hall, 2 reception rooms, kitchenFirst Floor: 2 Bedrooms, bathroom/WCOutside: Garden to side

13 Townsend Lane, Anfield, Liverpool, L6 0AXGuide Price* £15,000 Plus DEVELOPMENT

LOT

2

DescriptionThis is a three storey mixed use end terrace property formerly configured asa ground floor commercial unit with two flats to the upper floors. Theproperty offers potential for redevelopment subject to the relevantpermissions. Please note external viewings only.

LocationFronting Townsend Lane on the corner of Abbey Road in a busy mainroad position, just a short walk from Anfield football stadium which iscurrently undergoing a major regeneration to include the surroundingarea.

AccommodationGround Floor: Former shop unit First & Second Floors: Former residential accommodation

Why Buy?

• Potential Redevelopment opportunity• Former Shop unit• Close to Anfield Football Stadium

Why Buy?

• 2 Bedroom end terrace• Central heating & double • Producing £4,800 per annum• Recently refurbished


143 Highfield Road, Birkenhead, CH42 2BXGuide Price* SOLD PRIOR DEVELOPMENT OPPORTUNITY

LOT

3

DescriptionThis is a substantial three storey property that has been grantedplanning permission for demolition of the coach house followed byconversion and extension of the existing building to provide 17apartments with car parking and amenity space. Full planningpermission was granted in August 2015 under APP/15/00401. Plansshowing the existing layout and the proposed development can beviewed online through the Wirral Council website or are available forinspection at the offices of the auctioneers. The property is set in largegrounds and provides a wealth of original features including plasteredmouldings, flagged floors and feature fireplaces.

LocationSituated on Highfield Road close to its junction with Rock Lane West inan established residential position just a short walk from Rock Ferry trainstation being within ten minutes drive of Birkenhead town centre and theMersey Tunnel leading to Liverpool city centre.

Why Buy?

• Development opportunity• Full planning for 17 apartments• Large grounds• Established residential location

12 Mayfair Close, Anfield, Liverpool, L6 5JSGuide Price* £20,000 - £25,000 RESIDENTIAL

LOT

4

DescriptionA first floor studio apartment that has been refurbished recentlythroughout to include a new high gloss kitchen including fridge andcooker, modern shower room/WC, double glazing, storage heating andnew floor coverings. The property is ready for immediate occupation/letand offers an excellent investment opportunity.

LocationSituated off West Derby Road close to local amenities and providinggood access to Liverpool city centre which is approximately 2.5 milesaway.

AccommodationGround Floor: Communal entranceStudio Flat: Living room/bedroom, dressing room, kitchen, showerroom/WCOutside: Communal gardens and parking

Why Buy?

• First floor studio apartment• Recently refurbished• High gloss kitchen• Modern shower room


Fleet Street Barn, Southport Road, Scarisbrick, Ormskirk, L40 9RFGuide Price* £250,000 Plus DEVELOPMENT OPPORTUNITY

LOT

5

DescriptionAn exciting development opportunity consisting of three barns andvarious outbuildings set on a site of approximately 1.7 acres. We havebeen informed by the vendor that planning permission has been grantedfor three dwellings, one detached with open rural aspect to the rear andtwo semi detached dwellings fronting Southport Road. The plot couldsuite a different scheme subject to the relevant permissions.Potential purchasers should make their own enquiries to WestLancashire Planning Department.

LocationSituated on one of the main routes into Southport (A570) close to thejunction with Bescar Brow Lane.

AccommodationThe site currently comprises of three barns and various outbuildings seton a site of approximately 1.7 acres

Why Buy?

• Development opportunity• Planning permission for 3 dwellings• Large plot approx. 1.7 acres• Rural aspect to rear• Well located


10 Mill View Tower, Liverpool, L8 6TLGuide Price* £25,000 - £30,000 INVESTMENT

LOT

6

DescriptionThis is a third floor, high rise apartment in good condition throughoutand currently let by way of an Assured Shorthold Tenancy producing£5,400 per annum. The property benefits from views across the city andLiverpool bay, secure intercom system, lift service to all floors, modernkitchen and bathroom, double glazing and electric storage heating.

LocationFronting Mill Street which in turn is off Park Road within easy reach oflocal amenities and approximately 1 mile from Liverpool city centre.

AccommodationHall, lounge, kitchen, 2 bedrooms, separate WC, bathroom

NB: Please note Venmore Auctions have not carried out aninternal inspection of the apartment and all details have beenprovided by the Managing Agents. We are informed that all theapartments follow the same layout and photos provided are ofFlat 16 which has recently become vacant.

Why Buy?

• 2 Bedroom apartment• Modern kitchen andbathroom

• Secure intercom access• Lift to all floors• Car park to rear


LOT

7

DescriptionThis is a third floor, high rise apartment in good condition throughoutand currently let by way of an Assured Shorthold Tenancy producing£5,400 per annum. The property benefits from views across the city andLiverpool bay, secure intercom system, lift service to all floors, modernkitchen and bathroom, double glazing and electric storage heating.




Why Buy?




74 Russell Road, Mossley Hill, Liverpool, L18 1EBGuide Price* £120,000 Plus RESIDENTIAL

LOT

9

DescriptionThis is a spacious 4 bedroom mid terraced house situated in a highlysought after area close to Allerton Road. The property does benefit fromcentral heating and double glazing and following a scheme ofrefurbishment would be suitable for investment purposes or resale onthe open market. The area is popular with young professionals, studentsand families and could generate a gross income of over £23,000 ifconverted for HMO use subject to permissions.

LocationJust off Penny Lane in a well established and sought after residentiallocation close to local schooling and all the shops, bars and restaurantson Allerton Road.

AccommodationGround Floor: Entrance hall, 2 reception rooms, dining kitchenFirst Floor: 4 Bedrooms, shower room/WCOutside: Yard to rear

Why Buy?

• Spacious 4 bedroom mid terrace• Requires refurbishment• Double glazing and central heating• Good potential to add value

42 Withens Lane, Wallasey, CH45 7NNGuide Price* SOLD PRIOR RESIDENTIAL

LOT

8

DescriptionThis is a deceptively large 6/7 bedroom semi-detached property in needof refurbishment throughout. The property is well laid out with mostrooms benefitting from large ceilings. Ideal as either a professional HMO,subject to obtaining the necessary consents, or to be refurbished as alarge family home. If rented as a 7 bedroom HMO at £90pppw theproperty has the potential for an annual gross income of £32,760pa fullylet. Lots of scope to increase capital value once refurbished.

LocationThe property is located near to New Brighton Cricket Club in Wallasey.There are numerous amenities in close proximity with an AsdaSuperstore within 5 minutes walking distance. Liverpool City Centre isonly 5.5miles away through the Kingsway tunnel.

AccommodationGround floor: Entrance porch, front reception, rear reception, kitchendiner, under stairs storageFirst floor: Bedroom 1, bathroom, bedroom 2, bedroom 3, storeroom/office/bedroom 7Second floor: Bedroom 4, Bedroom 5, bedroom 6Outside: Yard to rear, drive and garden to front

Why Buy?

• 6/7 bedrooms• Sought after location

• Potential HMO property• In need of refurbishment

Joint Agents


1 Rose Lane, Liverpool, L18 8ADGuide Price* £275,000 Plus COMMERCIAL

LOT

10

DescriptionThis is a substantial semi-detached Grade II listed property arrangedover three floors plus basement situated on a large plot with widedriveway access. Used up until recently as clinic/offices for Alder HeyNHS Foundation Trust the property could suit various uses orconversion back to residential subject to the relevant planningpermissions.

LocationSituated in a sought after location in Mossley Hill close to all the localshops bars and restaurants on Rose Lane and Allerton Road withMossley Hill train station just a minutes walk away. Sefton Park andCalderstones Park are both less than 1 mile away.

AccommodationAccess to the property is gained via a side lobby and from checkmeasurements taken on site and the layout plans provided we estimatethat the property provides the following accommodation on a NetInternal Basis (i.e. excluding non-structural internal partitions, circulationareas, stairs and WCs)Basement 553²ft (51.38²m) 4 Store roomsGround Floor 1,312²ft (121.89²m) Entrance lobby, 6 offices, 2 WCs,store roomFirst Floor 1,243²ft (115.48²m) 7 Offices, kitchen, store room, WCSecond Floor/Attic 425²ft (39.48²m) 2 OfficesOutside: The property occupies a broadly rectangular South East facingplot with a front garden well screened from Rose Lane by a number ofmature trees and a walled side and rear garden currently providingparking for approximately 16 vehicles

Why Buy?

• Grade II listed semi-detached property• Potential for residential conversion STPP• Parking for approximately 16 vehicles• Large plot• Sought after location


15 Diana Street, Liverpool, L4 5RXGuide Price* £35,000 Plus RESIDENTIAL

LOT

11

DescriptionThis is a good size mid terrace 2 bedroom house in good conditionthroughout. The property is currently tenanted to a professional on anAST at £450pcm until July 2016, but the tenant has actually been in theproperty for a number of years. Benefitting from a good size modernkitchen, large upstairs bathroom and central heating. Ideal as a longterm investment.

LocationThe property is next to Goodison Park and benefits from numerousamenities, shops, bars, etc within short walking distance. Liverpool CityCentre is only 3 miles away.

AccommodationGround floor: Entrance hall, front reception room, rear dining room withFrench doors to the yard, modern kitchenFirst floor: Large bathroom, 2 x double bedroomsOutside: Yard to rear, on-street parking to the front

33 Saker Street, Liverpool, L4 0RAGuide Price* £25,000 - £30,000 RESIDENTIAL

LOT

12

DescriptionThis is a mid terrace 2 bedroom property located in the middle of theAnfield regeneration zone. Ideal as a long term investment, recently let byway of assured shorthold tenancy producing £400pcm. The propertybenefits from double glazing and central heating.

LocationAccessed from Sleepers Hill within walking distance to Anfield Stadiumand shops, bars and restaurants on Oakfield Road. Liverpool CityCentre is only 2.5 miles away.

AccommodationGround floor: Living room, kitchen/dining, bathroomFirst floor: 2 x bedroomsOutside: Small yard to rear, on-street parking to front

Why Buy?

• 2 Bedrooms• Potential to add value• Anfield regeneration area• Good rental location

Why Buy?

• Long standing tenant• Currently producing £5,400pa• Good size bathroom• Ideal investment property

Joint Agents



LOT

13

DescriptionThis is a forth floor, high rise apartment in good condition throughoutand currently let by way of an Assured Shorthold Tenancy producing£5,400 per annum. The property benefits from views across the city andLiverpool bay, secure intercom system, lift service to all floors, modernkitchen and bathroom, double glazing and electric storage heating.




Why Buy?



16 Mill View Tower, Liverpool, L8 6TLGuide Price* £25,000 - £30,000 RESIDENTIAL

LOT

14

DescriptionThis is a forth floor, high rise apartment in good condition throughoutand currently vacant. The property benefits from views across the cityand Liverpool bay, secure intercom system, lift service to all floors,modern kitchen and bathroom, double glazing and electric storageheating.



Why Buy?




53 Radway Road, Liverpool, L36 8HDGuide Price* £45,000 - £50,000 RESIDENTIAL

LOT

15

DescriptionThis is a good size 2 bedroom semi-detached house on a good sizecorner plot. The property benefits from double glazing, central heatingand recent modern kitchen. The property is in need of some minorrefurbishment but once a scheme of works (mainly decorative) havebeen completed the property would be prime for resale on the openmarket or ideal as a long term rental investment.

LocationAccessed from Liverpool Road close to the junction with the M57. Theproperty is only 1 mile from Prescot Town Centre and 8 miles fromLiverpool City Centre. There are numerous amenities and schools close by.

AccommodationGround floor: Entrance hall, front reception, rear kitchen diner, under stairstorageFirst floor: 2 x double bedrooms, bathroomOutside: Front drive and garden, rear yard/garden

18 Mason Street, Waterloo, Liverpool, L22 8QXGuide Price* £35,000 Plus RESIDENTIAL

LOT

16

DescriptionThis is a spacious 1 bedroom ground floor flat situated in a highly regardedlocation close to the promenade in Waterloo. The property benefits from aprivate entrance both front and back, double glazing, central heating and anoff road parking space. Following a small scheme of mainly cosmetic worksthe property would be ideal for investment purposes or owner occupation.

LocationJust off Mount Pleasant and Wellington Street the flat is located on aquiet residential street in Waterloo. The train station, Marine Lake andnumerous shops, bars and restaurants are all within walking distance.

AccommodationGround Floor: Front and rear porch, open plan living room/kitchen,storage cupboard, wet room/WC, double bedroom with fittedwardrobesOutside: Secure private entrance, off road parking space

Why Buy?

• 1 Bedroom ground floor apartment• Great location• Off road parking space

Why Buy?

• Semi-detached• Good rental area• Potential to add value• Ideal investment


513 A West Derby Road, Liverpool, L13 8AAGuide Price* £20,000 Plus LAND

LOT

17

DescriptionA vacant cleared plot of land occupying a busy main road locationcurrently benefiting from an annual income of £850 from an advertisinghoarding. Planning permission was formerly granted for a mixed usebuilding comprising of an A3 takeaway to the ground floor withresidential accommodation above.

LocationFronting West Derby Road which is a busy main road route into and outof the city centre close to its junction with Windsor Road.

Why Buy?

• Cleared plot of land• Former PP for A3 takeaway and residential• Currently producing £850pa from advertising hoarding

575 West Derby Road, Liverpool, L13 8AEGuide Price* £60,000 - £70,000 MIXED USE

LOT

18

DescriptionThis is a three storey middle terrace mixed use property comprising of aground floor retail unit with electric roller shutters plus a spacious threebedroom flat to the upper floors accessed via a separate front entrance.The property is fully let producing £11,700 per annum with the shop unitleased until 5th December 2016 at a rent of £6,600pa and the flatproducing £5,100 currently being paid direct from housing benefit.

LocationFronting West Derby Road in a busy parade of shops approximately 4miles from Liverpool city centre.

AccommodationGround Floor: Main sales, rear store, kitchen, WCFirst Floor: Kitchen, lounge, bedroom, Bathroom/WCSecond Floor: Two further bedroomsOutside: Rear yard

Why Buy?

• Commercial & Residential Property• Producing £11,700 per annum• Busy retail location


47 East Street, Liverpool, L22 8QRGuide Price* £65,000 Plus RESIDENTIAL

LOT

20

DescriptionThis is a spacious first floor 2 bedroom duplex flat situated in a highlyregarded location close to the promenade in Waterloo. The propertybenefits from a private entrance, double glazing, central heating and anoff road parking space. Following a small scheme of mainly cosmeticworks the property would be ideal for investment purposes or owneroccupation.

LocationJust off Mount Pleasant and Wellington Street the flat is located on aquiet residential street in Waterloo. The train station, Marine Lake andnumerous shops, bars and restaurants are all within walking distance.

AccommodationFirst Floor: Double bedroom, bathroom/WC, open plan kitchen/living roomSecond Floor: Large double bedroom, shower room/WCOutside: Secure private entrance, off road parking space

Why Buy?

• 2 Bedroom duplex apartment• 2 Bathrooms• Great location• Off road parking space• Central heating & double glazing

Garages at 112-114 Gray Street, Bootle, L20 4PRGuide Price* £20,000 - £25,000 GARAGES

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19

Description6 x vacant brick built lock up garages and 1 x lock up work shop. Thegarages are in fair condition but the workshop does requirerefurbishment and a new roof. Historically was the site of 2 x terracehouses. Ideal for rental or could be redeveloped.

LocationAt the corner of Gray and Smollett Streets. Accessed direct fromKnowsley Road in Bootle. There are a number of new build propertiesfacing the garages on Gray Street.

Why Buy?

• 6 x lock up garages• 1 x workshop• Potential to add value• Site was originally 2 houses


13 Church Road West, Liverpool, L4 5UEGuide Price* £45,000 Plus RESIDENTIAL

LOT

21

DescriptionThis is a deceptively large mid terrace 4 bedroom property located justoff County Road. The property is in average condition throughout butdoes require some updating and redecoration. The property benefitsfrom double glazing and central heating. The property is ideal as aninvestment and would require only a small scheme of works prior torenting.

LocationChurch Road West is located at the top end of County Road close tothe junction with Queens Drive. There are numerous amenities andshops within walking distance on County Road. Liverpool City Centre isjust 3 miles away with good public transport links.

AccommodationGround floor: Hall, front reception room, rear reception/dining room,kitchen, utility roomFirst floor: 4 x bedrooms, bathroomOutside: Yard to the rear, on-street parking to the front

Why Buy?

• 4 Bedrooms• Double glazing• Central heating• Ideal investment

235 B Finch Lane, Knotty Ash, Liverpool, L14 4AEGuide Price* £30,000 Plus MIXED USE

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22

DescriptionThis is a mid terrace mixed use property providing a ground floor retailunit and a 2 bedroom flat to the upper floors. The retail unit has beenused as a private gym and would require a full refurbishment if turnedback into retail use. The property is on a busy parade of shops includinga pharmacist, hair dresser, book maker and takeaway, and benefits fromgood footfall.

Venmores have not inspected the flat but have been informed that it iscurrently tenanted at £60pw and consists of 2 x bedrooms, living room,kitchen and bathroom over first floor and attic.

LocationOn the terrace situated at the corner of Finch Lane and Max Road in amainly residential area of Stoneycroft. Only 5.5 miles from Liverpool CityCentre.

Why Buy?

• Retail unit• 2 bedroom Flat • Potential to add value• Ideal investment


65 East Lancashire Road, Liverpool, L11 7AYGuide Price* £45,000 Plus RESIDENTIAL

LOT

24

DescriptionThis is a really good size 3 bedroom end terrace property in need ofmodernisation. The property is well laid out and would be ideal as afamily home once a scheme of refurbishment has been completed. Theproperty benefits from partial double glazing, rear garden, front drivewayand attached garage. Plenty of potential to add value and would make agood rental investment.

LocationThe property is situated fronting East Lancashire Road close to itsjunction with Stopgate Lane in the L11 district of Liverpool. The EastLancashire Road itself is a main arterial route into Liverpool with regularpublic transport services into Liverpool City Centre.

AccommodationGround floor: Hall, 2 Living rooms, Kitchen, Dining room, Lean-toFirst floor: 2 x Double bedrooms, Single bedroom, bathroomOutside: Garden to rear, paved front garden, garage

Why Buy?

• 3 Bedrooms• End terrace• Drive & garage• Partial double glazing

SFF 87 Anfield Road, Liverpool, L4 0TJGuide Price* £25,000 Plus RESIDENTIAL

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23

DescriptionThis is a second floor 2/3 bedroom self contained flat with entrance toAnfield Road. The property is reasonably sized with a modern kitchendiner and bathroom with electric shower. In need of some updating anddecoration but ideal as a rental investment once works have beencarried out. The property is right in the heart of Anfield which is currentlyundergoing major regeneration.

LocationSituated on the corner of Anfield Road and Sunbury Road in the Anfielddistrict approximately 3 miles from the city centre and just a short walkfrom Liverpool Anfield Stadium.

AccommodationKitchen diner, bathroom, bedroom 1, bedroom 2, living room/bedroom 3

NB: The buyers fee for this property will be £750.00 + Vat

Why Buy?

• 2/3 Bedroom• Top floor flat• Regeneration area• Good rental location



LOT

25

DescriptionThis is a fifth floor, high rise apartment in good condition throughout andcurrently let by way of an Assured Shorthold Tenancy producing £5,400per annum. The property benefits from views across the city andLiverpool bay, secure intercom system, lift service to all floors, modernkitchen and bathroom, double glazing and electric storage heating.




Why Buy?

• 2 Bedroom apartment• Modern kitchen and bathroom• Secure intercom access• Lift to all floors• Car park to rear


LOT

26

DescriptionThis is a fifth floor, high rise apartment in good condition throughout andcurrently let by way of an Assured Shorthold Tenancy producing £5,400per annum. The property benefits from views across the city andLiverpool bay, secure intercom system, lift service to all floors, modernkitchen and bathroom, double glazing and electric storage heating.




Why Buy?




Land to rear of 30 Parkfield Road, Aigburth, Liverpool, L17 8UJGuide Price* £185,000 Plus LAND

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27

DescriptionA rare development opportunity sited to the rear of 30 Parkfield Road.The site benefits from Planning for 2 X 2 bed semi-detached and 1 X 2bed detached with each property providing a drive for two cars andprivate south west facing gardens to rear. The plans offer excitingarchitecture to include full height glazed features and roof lights and theproposed layouts include an open plan kitchen diner, living rooms withheight glazing to rear, porch, ground floor WC, large double bedroomsand first floor WC/ bathroom

LocationThe land is situated to the rear of No: 30 Parkfield Road which runs offAigburth Road near the popular Lark Lane and Sefton Park Area inSouth Liverpool.

Why Buy?

• Development opportunity • Planning for 2 X 2 bed semi-detached and 1 X 2 beddetached.

• Popular Location


Land at 24 Freehold Street, Liverpool, L7 0JJGuide Price* £50,000 Plus LAND

LOT

29

DescriptionThis is a large cleared plot of land. The vendor has informed Venmoresthat on the plot there was once a detached property configured toprovide 5 x flats, therefore it should be possible to reinstate 'like for like'at the site. There is also the potential to submit alternative plans for alarger scheme, which, if the relevant consents were granted, couldincrease the number of units able to be built and thus increase the valueof the land and eventual development.

NB - All historical property data and any planning enquiriesshould be made directly through The Liverpool City Councilsrelevant departments

Why Buy?

• Previously 5 x flats• Large cleared plot• Good rental location• Potential for large scheme

Land at Great Mersey Street, Liverpool, L5 7TRGuide Price* £45,000 Plus LAND

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28

DescriptionA plot of land extending to approximately 785sq.m with potential fordevelopment subject to the relevant consents. The land is in apredominately residential area and we are informed in the past the land hasbenefited from planning permission for two blocks of three terraced houses.

LocationThe property is situated adjacent to Stanley Road at its junction withLancaster Street approximately 1.5 miles north of Liverpool City Centre

Why Buy?

• Potential for Development• Site approx 785sq.m• Previously had planning for 6 Houses


5 Albany Road, Old Swan, Liverpool, L13 3BJGuide Price* £90,000 Plus RESIDENTIAL

LOT

31

DescriptionThis is a large 3 bedroom mid terrace property in need ofmodernisation. The property is very well proportioned and benefits from2 receptions, dining room, galley kitchen, pantry, 3 large bedrooms,generous bathroom, additional WC, double glazing, large rear yard andbrick built shed. Once a scheme of refurbishment has been done theproperty would be ideal as a family home or for re-sale on the openmarket.

LocationAccessed directly from Derby Lane the property is ideally located fornearby amenities like the Tesco & Asda as well as direct access toQueens Drive.

AccommodationGround floor: Entrance hall, front reception, open plan living room, diningkitchen, pantryFirst floor: Family bathroom, 3 x bedroomsOutside: Yard to rear with large brick shed, on-street parking to front

Why Buy?

• 3 bedroom• Generous sized bedrooms• Potential to add value• Sought after location

Ground rents, 47 & 49 East Street, 16 & 18 Mason Street, L22 8QRGuide Price* £5,000 Plus GROUND RENTS

LOT

30

DescriptionThe freehold interest includes only residential accommodation within apurpose build block of 4 x flats, each with annual ground rents of£100pa.

LocationThe properties included in this freehold are located 47 & 49 East Streetand 16 & 18 Mason Street in the Waterloo area of North Liverpool.There are numerous amenities, shops and restaurants within walkingdistance with schools and Waterloo rail station close by. Liverpool CityCentre is approximately 6 miles away.

NB: For full details of all leases and tenancies relating to this lotplease refer to the legal pack which can be downloaded directlyfrom our website www.venmoreauctions.co.uk

Why Buy?

• £400 annual rent• Freehold reversion

• 4 x properties


104 Lodge Lane, Liverpool, L8 0QNGuide Price* £325,000 Plus INVESTMENT

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32

DescriptionThis is a large 3 storey corner property currently configured as arestaurant to the ground floor and 8 x self contained flats to the upperfloors, as a mix of studio and one bedrooms. Planning permission hasrecently been granted to reconfigure the upper floors to provide 1 xstudio flat and 2 x 7 bedroom HMO houses, providing 15 x en-suitebedrooms in total. The restaurant is currently producing £23,400pa, andif each of the letting rooms were rented at £90pw inclusive of bills, thenthe total potential gross income would be circa £93,600pa.

Planning permission and all related documents can be found atLiverpool City Councils Planning Portal: REF - 15F/2573

LocationOn the corner of Lodge Lane and Ritson Street in South Liverpool. Justa few minutes walk from Princes & Sefton Parks. There are numerousamenities on Lodge Lane and public transport links close by onCroxteth Drive and Smithdown Road.

Copies of the current floor plans and proposed floor plans available onrequest.

Why Buy?

• Restaurant producing £23,400pa• Planning permission for 15 bedrooms• Potential to achieve in excess of £90,000pa • Close to Sefton Park


84 Beaumont Street, Liverpool, L8 0XAGuide Price* £60,000 - £65,000 RESIDENTIAL

LOT

34

DescriptionA three bedroom mid terraced property in good condition. The propertycomprises of an entrance hall, Large open plan lounge/dining room,kitchen, three double bedrooms and family bathroom. This property isideal for investors looking for buy to let properties and first time buyers,especially student landlords. The property could be reconfigured toprovide 4 letting rooms and if rented at £75pppw the total potentialincome would be in excess of £15,000pa.

LocationThe property is situated off the Lodge Lane ideal for easy access intoLiverpool city centre and all of vast array of local amenities such asshops, restaurants and supermarkets. Well placed with public transportlinks such as local bus routes and Brunswick train station for easy

access to Liverpool City Centre being positioned approximately only 1.5miles away.

AccommodationGround Floor: Hall, through living/dining room, kitchenFirst Floor: 3 Bedrooms, bathroom

Why Buy?

• Mid Terrace• Popular Location• 3 Bedrooms• Ideal student investment

6 Ennerdale Court, North Drive, Wallasey, CH45 0LZGuide Price* £70,000 Plus RESIDENTIAL

LOT

33

DescriptionThis is a good size purpose built 2 bedroom first floor flat in a highlysought after location. The property is in good condition throughout andbenefits from double glazing, central heating and communal parking.Ideal as a long term investment or for a first time buyer.

LocationOn a large plot at the corner of North Drive and Ennerdale Road, closeto New Brighton Pier. There are numerous shops, bars and restaurantswithin walking distance. Ideally located for access to New Brighton,Wallasey and is only 6 miles from Liverpool City Centre.

AccommodationCommunal front entrance with secure intercom systemFirst floor flat: Entrance hall, bedroom 1 with fitted robes, bedroom 2,kitchen, bathroom, large loungeOutside: Communal garden, communal car park

Why Buy?

• 2 Bedrooms• Vacant possession• Highly sought after area• Perfect rental investment



LOT

36

DescriptionThis is a sixth floor, high rise apartment in good condition throughout andcurrently let by way of an Assured Shorthold Tenancy producing £5,400 perannum. The property benefits from views across the city and Liverpool bay,secure intercom system, lift service to all floors, modern kitchen andbathroom, double glazing and electric storage heating.




Why Buy?




LOT

35

DescriptionThis is a sixth floor, high rise apartment in good condition throughout andcurrently let by way of an Assured Shorthold Tenancy producing £5,400 perannum. The property benefits from views across the city and Liverpool bay,secure intercom system, lift service to all floors, modern kitchen andbathroom, double glazing and electric storage heating.




Why Buy?




6 Littlewood Close, Whiston, Prescot, L35 3XQGuide Price* £150,000 Plus RESIDENTIAL

LOT

38

DescriptionThis is a modern four bedroom detached house situated in a popularresidential area of Whiston occupying a quiet cul-de-sac position. Theproperty benefits from double glazing, central heating, downstairscloaks, ensuite to the master bedroom, detached garage with gardensto the front and rear. Following some minor upgrading the propertywould be ideal for owner occupation, resale on the open market orinvestment purposes.

LocationSituated off Copperwood Drive ideally situated close to local amenitiesand useful travel links being only a short walk away from Whistonstation, with Whiston Hospital being less than one mile away.

AccommodationGround Floor: Entrance hall, cloakroom/WC, lounge, dining room, kitchenFirst Floor: 4 Bedrooms with master ensuite, family bathroomOutside: Gardens to front and rear, driveway providing off road parkingleading to detached garage

7 Ash Grove, Prescot, L35 5BDGuide Price* £75,000 Plus RESIDENTIAL

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37

DescriptionThis is a good size 3 bedroom semi-detached house in Prescot. Theproperty is in decent order but could do with decoration throughout. Oncea small scheme of works have been completed the property would be idealas a long term investment or resold as a family home on the open market.The property had cavity wall insulation fitted last year and also benefits froma new boiler and double glazing.

LocationAccessed directly from Warrington Road. Only a few minutes walk toCables Retail Park which has a large Tesco, McDonalds, Argos amongstothers. Only a few minutes drive to Prescot Town Centre.

AccommodationGround floor: Entrance hall, front reception, rear reception, under stairstorage, kitchen, utility roomFirst floor: 2 x double bedrooms, 1 x single bedroom, bathroomOutside: Garden, garage and drive to the front, garden and brick builtshed to the rear

Why Buy?

• Semi-detached• 3 bedrooms

• Potential to add value• Ideal family home

Why Buy?

• 4 Bed detached• Popular location• Detached garage• Gardens front and rear



LOT

40

DescriptionThis is a thirteenth floor, high rise apartment in good conditionthroughout and currently let by way of an Assured Shorthold Tenancyproducing £5,400 per annum. The property benefits from views acrossthe city and Liverpool bay, secure intercom system, lift service to allfloors, modern kitchen and bathroom, double glazing and electricstorage heating.




Why Buy?




LOT

39

DescriptionThis is a tenth floor, high rise apartment in good condition throughoutand currently let by way of an Assured Shorthold Tenancy producing£5,400 per annum. The property benefits from views across the city andLiverpool bay, secure intercom system, lift service to all floors, modernkitchen and bathroom, double glazing and electric storage heating.




Why Buy?




10 Kingscourt, Kings Mount, Prenton, CH43 5RGGuide Price* £40,000 - £45,000 RESIDENTIAL

LOT

42

DescriptionThis is a good size second floor 2 bedroom leasehold flat in a purposebuild development of 16 flats in total, sold with vacant possession. Theproperty benefits from a modern kitchen, double glazing and electricstorage heaters. The flat is well laid out with ample sized rooms andwould make a great rental investment.

NB - we have been informed that the service charge is circa£750.00pa paid in 10 instalments and ground rent is £8.00pa. Atpresent there are 52 years remaining on the lease.

LocationThe property is at the top end of Kings Mount close to the junction withBeesborough Road. There are numerous amenities, shops, bars and

restaurants within walking distance in nearby Oxton Village.

AccommodationFlat: Entrance hall, living room, bedroom 1, bedroom 2, bathroom, kitchenOutside: Communal gardens to the front, off-street parking to the side andrear

Why Buy?

• 2 bedrooms• Good condition• Ideal rental property• Off-street parking

4 Homebank House, 1 Bidston Road, Prenton, CH43 2GBGuide Price* £20,000 Plus RESIDENTIAL

LOT

41

DescriptionThis is a 1 bedroom retirement apartment located on the ground floor of adedicated retirement development. The development is strictly for residents overthe age of 60, however please note that although you must be over 60 to occupythe apartment, anyone has the right to purchase the property and can rent outfor investment purposes! There are 60 apartments arranged over 5 floors with liftaccess to all floors, the development benefits from an on-site house manager,communal laundry and residents lounge. The apartment has a TV aerial point,emergency pull cord, electric storage heaters, emergency intercom and a niceview over the gardens.

LocationOn Bidston Road in the Oxton/Prenton area of the Wirral. The property is withinwalking distance from numerous shops and public transport. Birkenhead TownCentre is only 1.5 miles away and Liverpool City Centre is only 4.5 miles away.

The property has fantastic views over the Wirral peninsular to the Welsh hills.

AccommodationLocated on the ground floor level the property comprises entrance hall, Livingroom, Kitchen, Bedroom, and bathroomOutside: There are communal gardens and parking on the grounds

Why Buy?

• House manager• Lift to all floors• Residents lounge

• Communal laundry• Tenants strictly 60yrs


59 Caldy Road, Liverpool, L9 4RZGuide Price* £65,000 Plus RESIDENTIAL

LOT

43

DescriptionThis is substantial semi-detached house currently configured as twoself-contained flats situated in a sought after residential area of Aintree.The property requires a full scheme of repair and refurbishment andcould easily be reverted back to a spacious family home.

LocationAccessed of Warbreck Moor close to the many local amenities and justa short walk from Aintree railway station and the famous Aintree racecourse.

AccommodationGround Floor: Entrance hall, 3 reception rooms, kitchen, bathroomFirst Floor: 4 Bedrooms, bathroomSecond Floor: 3 Attic roomsOutside: Garden to rear

Why Buy?

• Substantial semi-detached property• Currently 2 x self-contained flats• Requires refurbishment• Excellent location

115 Adelaide Road, Kensington, Liverpool, L7 8SHGuide Price* £75,000 Plus RESIDENTIAL

LOT

44

DescriptionThis is a good size 3 bedroom mid terrace property in need of somemodernisation prior to occupation. Currently configured as a 3 bedroomproperty, but has the potential to use the front reception as a fourthbedroom and also some possibilities to go into the loft, subject togaining the relevant consents. The property would be ideal as a youngprofessional HMO with the new Royal hospital a few minutes walk awayand Liverpool universities all close by.

LocationAccessed from the Edge Lane end of Kensington. The Royal LiverpoolHospital and all universities within walking distance. Liverpool CityCentre is only 1.5 miles away. There are numerous amenities, shops,bars and restaurants in close proximity.

AccommodationGround floor: Entrance hall, through living/dining room, kitchenFirst floor: 3 x bedrooms, bathroomOutside: Yard to rear, on-street parking to front

Why Buy?

• 3 Bedrooms• Ideal investment• Close to Royal hospital• Good rental area


155 Kensington, Liverpool, L7 2REGuide Price* £100,000 Plus INVESTMENT

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45

DescriptionThis is a 5 bedroom mid terrace property let as a HMO by way of a 5year tenancy. The property is rented at £650pcm and runs until the 1stof April 2017 giving a guaranteed income for 12 months and potentialto negotiate a new 5yr lease. Each bedroom/bedsit is fully furnishedwith a bed, wardrobe, chest of drawers, armchair, table & dining chair.The communal kitchen is furnished with white goods and all cutlery,crockery and utensils are provided. The property also benefits frompartial double glazing and central heating. The property also benefitsfrom an advertising hoarding to the gable end which is on a long leaseof £1000pa. Therefore the current annual income is £8,800pa.

LocationThe property is ideally located on Kensington in a popular student areawithin walking distance to numerous shops and the Royal LiverpoolHospital. Liverpool City Centre is about 1.5 miles away with bothuniversities within walking distance from the property.

Why Buy?

• Guaranteed rent until 2017• Income of £650pcm/£7800pa• Advertising board £1000pa

• 5 bedrooms• Fully furnished

Accommodationground floor: Communal lounge, communal kitchen, WCFirst floor: 3 x bedroomsSecond floor: 2 x bedrooms, communal bathroomOutside: Yard to the rear, advertising board to side elevation


41 - 43 Seymour Terrace, Seymour Street, Liverpool, L3 5PEGuide Price* £250,000 Plus COMMERCIAL

LOT

46

DescriptionThis is a pair of Freehold interconnected Grade II listed terracedbuildings arranged over four storeys with 4 car parking spaces withinthe secure rear car park included in the title. The property is ownedand has been operated by Alder Hey NHS Foundation Trust beingused for offices and clinical services and as such has been wellmaintained throughout and benefits from a modern gas central heatingsystem.The property could suit various commercial uses or conversion backto residential subject to the relevant permissions. A number of theexisting buildings in Seymour Terrace have been converted to providehigh quality student accommodation with rents in excess of £120 perweek per room achievable due the excellent location.

LocationSituated in a highly regarded and convenient city centre location,opposite Lime Street station just a few minutes walk from the majorityof the University buildings and the new teaching hospital.

AccommodationThe following area measurements are on a net internal basis excludingstairs, WCs and non-structural internal partitions Lower Ground Floor 757²ft (70.33²m): 2 Offices, 4 store roomsGround Floor 813²ft (75.53²m): Reception area, 3 offices, WCsFirst Floor 842²ft (78.22²m): Kitchen/staff room, 5 offices, store room,WCSecond Floor 811² (75.34²m): 8 Offices, store room, WCOutside: Rear access to secure car park with 4 allocated parkingspaces included on title

Why Buy?

• Grade II listed terrace property• Excellent city centre location• Potential for residential conversion STPP• 4 Car secure parking spaces• Well maintained throughout


Flat 7b, 3-7 Buckingham Road, Liverpool, L13 8AYGuide Price* £25,000 Plus RESIDENTIAL

LOT

47

DescriptionThis is a well presented and good size one bedroom lower ground floorapartment. Venmores have not carried out an internal inspection buthave been informed by the vendor that the apartment briefly comprisesstairs down to apartment, separate kitchen, living room, bedroom andshower room. There is a communal entrance with secure intercomsystem, while the apartment also benefits from Double glazing andcentral heating. This apartment would be ideal rental investment.The vendors are interested in listening to any reasonable cash offersprior to auction, but parties must be in a cash position and be able toexchange under auction terms & conditions prior to the auction on the13th April.There will be no viewings with the apartment prior to the auction butthere are recent photographs available via our website

LocationAccessed directly from West Derby Road. Plenty of shops, bars andrestaurants within walking distance with regular buses to and fromLiverpool City Centre, which is approximately 3 miles away.

NB - The buyers fee for this lot will be £750 + VAT

Flat 3b, 3-7 Buckingham Road, Liverpool, L13 8AYGuide Price* £25,000 Plus RESIDENTIAL

LOT

48

DescriptionThis is a well presented and good size one bedroom lower ground floorapartment. Venmores have not carried out an internal inspection buthave been informed by the vendor that the apartment briefly comprisesstairs down to apartment, separate kitchen, living room, bedroom andbathroom. There is a communal entrance with secure intercom system,while the apartment also benefits from Double glazing and centralheating. This apartment would be ideal rental investment.The vendors are interested in listening to any reasonable cash offersprior to auction, but parties must be in a cash position and be able toexchange under auction terms & conditions prior to the auction on the13th April.There will be no viewings with the apartment prior to the auction butthere are recent photographs available via our website

LocationAccessed directly from West Derby Road. Plenty of shops, bars andrestaurants within walking distance with regular buses to and fromLiverpool City Centre, which is approximately 3 miles away.

NB - The buyers fee for this lot will be £750 + VAT

Why Buy?

• Lower Ground floor flat• 1 bedroom• Double glazed • Central heated

Why Buy?

• Lower Ground floor flat• 1 bedroom• Double glazed • Central heated

* Please refer to inside front cover.


144 Parr Stocks Road, St Helens, WA9 1PBGuide Price* £30,000 - £35,000 INVESTMENT

LOT

49

DescriptionThis is a two bedroom end terrace house let by way of an AssuredShorthold Tenancy to a long term tenant currently producing £4,740 perannum. The property is in good condition throughout and benefits fromgas central heating and double glazing. The property produces anexcellent yield and would be ideal for both the professional or first timeinvestor.

LocationIdeally located close to local shops and schooling and just a mile fromthe town centre.

AccommodationGround Floor: Through living/dining room, kitchen, bathroom/WCFirst Floor: 2 Double bedroomsOutside: Yard to rear

Why Buy?

• 2 Bed end terrace• Producing £4,740 per annum• Long term tenant• Central heating and double glazing

75 Sutcliffe Street, Liverpool, L6 6ASGuide Price* £30,000 Plus RESIDENTIAL

LOT

50

DescriptionA 2 bedroom middle terrace property situated in a popular residentiallocation, currently vacant and in need of modernising. The propertybenefits from double glazing and central heating. Once a scheme ofrefurbishment has been completed the property would be ideal as arental investment.

LocationSituated between Molyneux Road and Boaler Street in a popularlocation conveniently placed for shops and public transportapproximately 2 miles from Liverpool City Centre.

AccommodationGround Floor: Lounge, kitchen, bathroomFirst Floor: Two bedroomsOutside: Yard to the rear

Why Buy?

• Good rental location• 2 Bedrooms• Potential to add value• Double glazing and central heating


Your property could be sold at ournext auction on the 2nd of June 2016Closing date for instructions, 6th May 2016With a data base of thousands of cashbuyers why not try Venmore Auctionsas an alternative method of selling.

AUCTION

2ND JUN

E

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Property Management - Rob FarnhamTel: 0151 236 1166 Email: [email protected]

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Student Lettings - Darren KayTel: 0151 236 4400 Email: [email protected]

Residential Lettings - Hayley ByrneTel: 0151 236 4400 Email: [email protected]

Survey & Valuations - Maria BarriganTel: 0151 236 0301 Email: [email protected]

Mortgage Advice - Liam O’BrienTel: 0151 733 9000 Email: [email protected]


Telephone / Proxybidder form

Date of Auction Lot Number

Type of Bid: PROXY / TELEPHONE (please circle as required)

I hereby instruct and authorise you to bid on my behalf in accordance with the terms and conditions attachedhereto and I understand that should my bid be successful the offer will be binding upon me.

Address of Lot

Maximum Bid Price £ Words

Deposit £ (To be 10% of maximum bid, minimum £2,000)

Buyers fee £400.00 + Vat (£480.00) Unless specified differently in Sales Particulars

TOTAL £ (Cheque enclosed / Card details enclosed)

Purchasers Details

Full Name(s)

Company

Address

Postcode

Mobile Phone number Home/ Business Phone

Solicitors Details

Company Name & Address

Postcode

Phone Number Reference

I authorise the auctioneer to sign the Memorandum of Sale/Contract on my behalf and I recognise that I willthen be the fully bound purchaser of the property referred to above and must complete this transaction withinthe specified time in the Conditions of Sale

Signature of the Prospective Purchaser

Date

Telephone Bidders Note

1) A member of staff will attempt to contact the bidder by telephone prior to the lot concerned being offered for sale. If itis impossible to obtain telephone contact, or the line breaks down, the auctioneer is authorised to continue to bid onbehalf of the telephone bidder up to the maximum bid stated on this form.

2) Should the telephone bidder exceed the bidding price stated on this form, the balance of the deposit must beforwarded to the auctioneers promptly


Terms & Conditions forTelephone and Proxy Bidders

All prospective bidders wishing to bid by telephone or proxyshould complete and sign the Telephone/Proxy Bidding Formattached. The bidder shall have had sight of and accept the termsof the Sale Memorandum which will form part of the contractshould their bid be successful.

The Auctioneer reserves the right to refuse a bid on behalf of theTelephone/proxy bidder should there by any confusion as to theMaximum Bid Price or with any error in the accompanyingcheque.

A separate form must be completed for each Lot the bidderwishes to bid on.

The completed form(s) must be delivered to Venmore Auctions,Imperial Buildings, 9 Dale Street, Liverpool, L2 2SH by hand orpost no later than 24 hours prior to the auction commencing.

Any agreed alteration to any telephone/proxy bidding form at anytime, prior to, or on the day of the auction, must be done so inwriting and prior to the commencement of the auction.

The telephone/proxy bidder must provide a banker’s draft,solicitor’s client account cheque, person or company cheque,which must be drawn upon a UK clearing bank account of thebuyer and be for 10% of the maximum bid or £2,000, which everis the greater, to be made payable to Venmore Auctions.Alternatively the bidder can supply credit or debit card details tothe auction department who will deduct the deposit from the cardupon exchange of contracts.

The telephone/proxy bidder appoints the Auctioneer as agent andauthorises the Auctioneer to bid for the relevant Lot on behalf ofthe telephone/proxy bidder in such manner as the Auctioneerthinks fit up to the Maximum Bid Price.

The telephone/proxy bidder shall be considered to have inspectedthe Auction particulars for the relevant Lot, the general terms andconditions of sale, the Special Conditions of sale and anyamendments or addendums to any of these and to have fullknowledge thereof.

The telephone/proxy bidder authorises the Auctioneer or any dulyauthorised employee of Venmore Auctions as the proxy bidder’sagent to sign the Sale Memorandum incorporating all suchmatters at or after the auction.

The telephone/proxy bidder shall be deemed to have taken allnecessary professional and legal advice and to have made theappropriate enquiries, searches, surveys and inspections inrespect of any relevant Lot and has knowledge of anyannouncements made from the rostrum of any amendment oraddendum relating to the relevant Lot.

Venmore Auctions reserve the right not to bid on behalf of thetelephone/proxy bidder in the event of any error, doubt oromission, uncertainty as to any bid, or for whatever reason, and

give no warranty or agreement that any bid will be made on behalfof the bidder and accept no liability if no bid is made on behalf ofthe bidder for any Lot.

In the event that the telephone/proxy bidder is successful theAuctioneer will sign the Sale Memorandum on behalf of the seller(a binding contract between the seller and buyer is formed on thefall of the hammer) and forward the seller’s signed part of thecontract to the bidder’s solicitor.

In the event that the lot is knocked down to the proxy bidder,details of the amount of the deposit monies shall be inserted intothe Sale Memorandum. Where any cheque presented by a bidderin payment of the deposit exceeds the required 10% any excesswill not be returned and will form an increased deposit and will beheld in accordance with the general terms and conditions of saleor any variations on them contained in the special conditions.

The telephone/proxy bidder will be advised if the relevant Lot hasbeen successfully purchased on his behalf as soon as possibleafter the auction. In the event that the proxy bidder isunsuccessful at the auction, the deposit cheque or bankers draftshall be returned promptly by the Auctioneer to the proxy bidder.

The Auctioneer reserves the right to bid himself or through anagent up to the reserve price for the Lot.

Unless the relevant Lot is sold to the telephone/proxy bidder, theamount of the telephone/proxy bidders bid will not be disclosedto the Seller or any other person either during or after the salewithout the telephone/proxy bidders consent.

Telephone/Proxy bidders are advised to contact VenmoreAuctions immediately prior to the Auction to ensure that there areno amendments to the particulars of sale or conditions relating tothe relevant Lot or other matters relating to it. Thetelephone/proxy bidder will be deemed to have knowledge ofsuch amendments and will buy subject to them in any event.

If the telephone/proxy bidder wished to attend the Auction andbid in person they must notify the Auctioneer in writing and theAuctioneer will not make any bids on their behalf.

Two forms of identification in accordance with Money LaunderingRegulations must be submitted with all Proxy Bidding Forms. Fordetails of identification accepted please visit the websitewww.venmoreauctions.co.uk. Details are also available within theauction catalogue.

Successful bidders will also be required to pay a Buyer’sadministration fee in the sum of £400.00 Plus VAT (unlessspecified differently in sales particulars) for each Lot purchased.

Please note all cheques are to be made payable toVenmore Auctions.


Common Auction Conditions(Third Edition)

INTRODUCTIONThe common auction conditions have three mainsections1. GlossaryThis gives special meanings to some words used inthe rest of the conditions2. Auction Conduct ConditionsThe Auction Conduct Conditions govern therelationship between the auctioneer and anyone whohas a catalogue, or who attends or bids at theauction. They cannot be changed without theauctioneer’s agreement.3. Sale ConditionsThe Sale Conditions govern the agreement betweeneach seller and buyer. They include generalconditions of sale and template forms of specialconditions of sale, tenancy and arrears schedulesand sale memorandum.

IMPORTANT NOTICEA prudent buyer will, before bidding for a lot at anauction:• Take professional advice from a conveyancer and,in appropriate 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 andpurchase price

• Check whether VAT registration and election isadvisable.

The conditions assume that the buyer has acted likea prudent buyer. If you choose to buy a lot withouttaking these normal precautions you do so at yourown risk.

GLOSSARYThis glossary applies to the auction conductconditions and the sale conditions.Wherever it makes sense:• singular words can be read as plurals, and pluralsas singular words;

• a person includes a corporate body;• words of one gender include the other genders;• references to legislation are to that legislation as itmay have been modified or re-enacted by the dateof the auction or the contract date (as applicable);and

• where the following words printed in bold blacktype appear in bold type they have the specifiedmeanings.

Actual completion dateThe date when completion takes place or is treatedas taking place for the purposes of apportionmentand calculating interest.AddendumAn amendment or addition to the conditions or to theparticulars or to both whether contained in asupplement to the catalogue, a written notice fromthe auctioneers or an oral announcement at theauction.Agreed completion dateSubject to condition G9.3:(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 firstsubsequent business day.Approved financial institutionAny bank or building society that has signed up tothe Banking Code or Business Banking Code or isotherwise acceptable to the auctioneers.ArrearsArrears of rent and other sums due under thetenancies and still outstanding on the actualcompletion date.Arrears scheduleThe arrears schedule (if any) forming part of thespecial conditions.AuctionThe auction advertised in the catalogue.Auction conduct conditionsThe conditions so headed, including any extraauction conduct conditions.AuctioneersThe auctioneers at the auction.Business dayAny day except (a) a Saturday or a Sunday; (b) abank holiday in England and Wales; or (c) GoodFriday or Christmas Day.

BuyerThe person who agrees to buy the lot or, ifapplicable, that person’s personal representatives: iftwo or more are jointly the buyer their obligations canbe enforced against them jointly or against each ofthem separately.CatalogueThe catalogue to which the conditions refer includingany supplement to it.CompletionUnless otherwise agreed between seller and buyer(or their conveyancers) the occasion when both sellerand buyer have complied with their obligations underthe contract and the balance of the price isunconditionally received in the seller’s conveyancer’sclient account.ConditionOne of the auction conduct conditions or salesconditions. The contract by which the seller agreesto sell and the buyer agrees to buy the lotContractThe contract by which the seller agrees to sell andthe buyer agrees to buy the lot.Contract dateThe 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.If exchange 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.DocumentsDocuments of title (including, if title is registered, theentries on the register and the title plan) and otherdocuments listed or referred to in the specialconditions relating to the lot.Financial chargeA charge to secure a loan or other financialindebtness (not including a rentcharge).General conditionsThat part of the sale conditions so headed, includingany extra general conditions.Interest rateIf not specified in the special conditions, 4% abovethe base rate from time to time of Barclays Bank plc.(The interest rate will also apply to judgment debts,if applicable.) LotEach separate property described in the catalogueor (as the case may be) the property that the sellerhas agreed to sell and the buyer to buy (includingchattels, if any).Old arrearsArrears due under any of the tenancies that are notnew tenancies as defined by the Landlord andTenant (Covenants) Act 1995.ParticularsThe section of the catalogue that containsdescriptions of each lot (as varied by anyaddendum).PractitionerAn insolvency practitioner for the purposes of theInsolvency Act 1986 (or, in relation to jurisdictionsoutside the United Kingdom, any similar official).PriceThe price that the buyer agrees to pay for the lot.Ready to completeReady, willing and able to complete: if completionwould enable the seller to discharge all financialcharges secured on the lot that have to bedischarged by completion, then those outstandingfinancial charges do not prevent the seller from beingready to complete.Sale conditionsThe general conditions as varied by any specialconditions or addendum.Sale memorandumThe form so headed (whether or not set out in thecatalogue) in which the terms of the contract for thesale of the lot are recorded.SellerThe person selling the lot. If two or more are jointlythe seller their obligations can be enforced againstthem jointly or against each of them separately.Special conditionsThose of the sale conditions so headed that relate tothe lot.TenanciesTenancies, leases, licences to occupy andagreements for lease and any documents varying orsupplemental to them.

Tenancy scheduleThe tenancy schedule (if any) forming part of thespecial conditionsTransferTransfer includes a conveyance or assignment (andto transfer includes to convey or to assign).TUPEThe Transfer of Undertakings (Protection ofEmployment) Regulations 2006.VATValue Added Tax or other tax of a similar nature.VAT optionAn option to tax.We (and us and our)The auctioneers.You (and your)Someone who has a copy of the catalogue or whoattends or bids at the auction, whether or not abuyer.

AUCTION CONDUCT CONDITIONSA1 IntroductionA1.1 Words in bold blue type have special meanings,which are defined in the Glossary.A1.2 The catalogue is issued only on the basis thatyou accept these auction conduct conditions. Theygovern our relationship with you and cannot bedisapplied or varied by the sale conditions (even bya condition purporting to replace the whole of theCommon Auction Conditions). They can be variedonly if we agree.A2 Our roleA2.1 As agents for each seller we have authority to:(a) prepare the catalogue from information suppliedby or on behalf of each seller;(b) offer each lot for sale;(c) sell each lot;(d) receive and hold deposits;(e) sign each sale memorandum; and(f) treat a contract as repudiated if the buyer fails tosign a sale memorandum or pay a deposit asrequired by these auction conduct conditions.A2.2 Our decision on the conduct of the auction isfinal.A2.3 We may cancel the auction, or alter the orderin which lots are offered for sale. We may alsocombine or divide lots. A lot may be sold orwithdrawn from sale prior to the auction.A2.4 You acknowledge that to the extent permittedby law we owe you no duty of care and you have noclaim against us for any loss.A3 Bidding and reserve pricesA3.1 All bids are to be made in pounds sterlingexclusive of any applicable VAT. A3.2 We may refuse to accept a bid. We do not haveto explain why.A3.3 If there is a dispute over bidding we are entitledto resolve it, and our decision is final.A3.4 Unless stated otherwise each lot is subject to areserve price (which may be fixed just before the lotis offered for sale). If no bid equals or exceeds thatreserve price the lot will be withdrawn from theauction.A3.5 Where there is a reserve price the seller may bid(or ask us or another agent to bid on the seller’sbehalf) up to the reserve price but may not make abid equal to or exceeding the reserve price. Youaccept that it is possible that all bids up to thereserve price are bids made by or on behalf of theseller.A3.6 Where a guide price (or range of prices) is giventhat guide is the minimum price at which, or rangeof prices within which, the seller might be preparedto sell at the date of the guide price. But guide pricesmay change. The last published guide price willnormally be at or above any reserve price, but notalways – as the seller may fix the final reserve pricejust before bidding commences.A4 The particulars and other informationA4.1 We have taken reasonable care to prepareparticulars that correctly describe each lot. Theparticulars are based on information supplied by oron behalf of the seller. You need to check that theinformation in the particulars is correct. A4.2 If the special conditions do not contain adescription of the lot, or simply refer to the relevantlot number, you take the risk that the descriptioncontained in the particulars is incomplete orinaccurate, as the particulars have not beenprepared by a conveyancer and are not intended toform part of a legal contract.A4.3 The particulars and the sale conditions maychange prior to the auction and it is yourresponsibility to check that you have the correctversions.A4.4 If we provide information, or a copy of adocument, provided by others we do so only on the

basis that we are not responsible for the accuracy ofthat information or document.A5 The contractA5.1 A successful bid is one we accept as such(normally on the fall of the hammer). This conditionA5 applies to you if you make the successful bid fora lot.A5.2 You are obliged to buy the lot on the terms ofthe sale memorandum at the price you bid plus VAT(if applicable).A5.3 You must before leaving the auction:(a) provide all information we reasonably need fromyou to enable us to complete the sale memorandum(including proof of your identity if required by us);(b) sign the completed sale memorandum; and(c) pay the deposit.A5.4 If you do not we may either:(a) 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 youfor breach of contract; or(b) sign the sale memorandum on your behalf.A5.5 The deposit:(a) is to be held as stakeholder where VAT would bechargeable on the deposit were it to be held as agentfor the seller, but otherwise is to be held as stated inthe sale conditions; and(b) must be paid in pounds sterling by cheque or bybankers’ draft made payable to us on an approvedfinancial institution. The extra auction conductconditions may state if we accept any other form ofpayment.A5.6 We may retain the sale memorandum signedby or on behalf of the seller until the deposit has beenreceived in cleared funds.A5.7 If the buyer does not comply with its obligationsunder the contract then:(a) you are personally liable to buy the lot even if youare acting as an agent; and(b) you must indemnify the seller in respect of anyloss the seller incurs as a result of the buyer’s default.A5.8 Where the buyer is a company you warrant thatthe buyer is properly constituted and able to buy thelot.A6 Extra Auction Conduct ConditionsA6.1 Despite any special condition to the contrarythe minimum deposit we accept is £1,500.00 or thetotal price, if less). A special condition may, however,require a higher minimum deposit.GENERAL CONDITIONS OF SALEWords in bold blue type have special meanings,which are defined in the Glossary.The general conditions (including any extra generalconditions) apply to the contract except to the extentthat they are varied by special conditions or by anaddendum.G1. The lotG1.1 The lot (including any rights to be granted orreserved, and any exclusions from it) is described inthe special conditions, or if not so described the lotis that referred to in the sale memorandum.G1.2 The lot is sold subject to any tenanciesdisclosed by the special conditions, but otherwisewith vacant possession on completion.G1.3 The lot is sold subject to all matters containedor referred to in the documents, but excluding anyfinancial charges: these the seller must discharge onor before completion.G1.4 The lot is also sold subject to such of thefollowing as may affect it, whether they arise beforeor after the contract date and whether or not theyare disclosed by the seller or are apparent frominspection of the lot or from the documents: (a) matters registered or capable of registration aslocal land charges;(b) matters registered or capable of registration byany competent authority or under the provisions ofany statute;(c) notices, orders, demands, proposals andrequirements of any competent authority;(d) charges, notices, orders, restrictions, agreementsand other matters relating to town and countryplanning, highways or public health;(e) rights, easements, quasi-easements, andwayleaves; (f) outgoings and other liabilities;(g) any interest which overrides, within the meaningof the Land Registration Act 2002;(h) matters that ought to be disclosed by thesearches and enquiries a prudent buyer would make,whether or not the buyer has made them; and(i) anything the seller does not and could notreasonably know about.G1.5 Where anything subject to which the lot is soldwould expose the seller to liability the buyer is tocomply with it and indemnify the seller against thatliability.G1.6 The seller must notify the buyer of any notices,



orders, demands, proposals and requirements of anycompetent authority of which it learns after thecontract date but the buyer must comply with themand keep the seller indemnified.G1.7 The lot does not include any tenant’s or tradefixtures or fittings.G1.8 Where chattels are included in the lot the buyertakes them as they are at completion and the selleris not liable if they are not fit for use.G1.9 The buyer buys with full knowledge of:(a) the documents, whether or not the buyer has readthem; and(b) the physical condition of the lot and what couldreasonably be discovered on inspection of it,whether or not the buyer has inspected it.G1.10 The buyer is not to rely on the informationcontained in the particulars but may rely on theseller’s conveyancer’s written replies to preliminaryenquiries to the extent stated in those replies.G2. DepositG2.1 The amount of the deposit is the greater of: (a)any minimum deposit stated in the auction conductconditions (or the total price, if this is less than thatminimum); and(b) 10% of the price (exclusive of any VAT on theprice).G2.2 The deposit(a) must be paid in pounds sterling by cheque orbanker’s draft drawn on an approved financialinstitution (or by any other means of payment thatthe auctioneers may accept); and (b) is to be held as stakeholder unless the auctionconduct conditions provide that it is to be held asagent for the seller.G2.3 Where the auctioneers hold the deposit asstakeholder they are authorised to release it (andinterest on it if applicable) to the seller on completionor, if completion does not take place, to the personentitled to it under the sale conditions.G2.4 If a cheque for all or part of the deposit is notcleared on first presentation the seller may treat thecontract as at an end and bring a claim against thebuyer for breach of contract.G2.5 Interest earned on the deposit belongs to theseller unless the sale conditions provide otherwise.G3. Between contract and completionG3.1 Unless the special conditions state otherwise,the seller is to insure the lot from and including thecontract date to completion and:(a) produce to the buyer on request all relevantinsurance details;(b) pay the premiums when due;(c) if the buyer so requests, and pays any additionalpremium, use reasonable endeavours to increase thesum insured or make other changes to the policy;(d) at the request of the buyer use reasonableendeavours to have the buyer’s interest noted on thepolicy if it does not cover a contracting purchaser;(e) unless otherwise agreed, cancel the insurance atcompletion, apply for a refund of premium and(subject to the rights of any tenant or other thirdparty) pay that refund to the buyer; and(f) (subject to the rights of any tenant or other thirdparty) hold on trust for the buyer any insurancepayments that the seller receives in respect of lossor damage arising after the contract date or assignto the buyer the benefit of any claim; and the buyer must on completion reimburse to theseller the cost of that insurance (to the extent notalready paid by the buyer or a tenant or other thirdparty) for the period from and including the contractdate to completion.G3.2 No damage to or destruction of the lot nor anydeterioration in its condition, however caused,entitles the buyer to any reduction in price, or todelay completion, or to refuse to complete.G3.3 Section 47 of the Law of Property Act 1925does not apply.G3.4 Unless the buyer is already lawfully inoccupation of the lot the buyer has no right to enterinto occupation prior to completion.G4. Title and identityG4.1 Unless condition G4.2 applies, the buyeraccepts the title of the seller to the lot as at thecontract date and may raise no requisition orobjection except in relation to any matter that occursafter the contract date.G4.2 If any of the documents is not made availablebefore the auction the following provisions apply:(a) The buyer may raise no requisition on or objectionto any of the documents that is made availablebefore the auction.(b) If the lot is registered land the seller is to give tothe buyer within five business days of the contractdate an official copy of the entries on the register andtitle(c) If the lot is not registered land the seller is to give

to the buyer within five business days an abstract orepitome of title starting from the root of titlementioned in the special conditions (or, if none ismentioned, a good root of title more than fifteenyears old) and must produce to the buyer the originalor an examined copy of every relevant document.(d) If title is in the course of registration, title is toconsist of certified copies of:(i) the application for registration of title made to theland registry;(ii) the documents accompanying that application;(iii) evidence that all applicable stamp duty land taxrelating to that application has been paid; and(iv) a letter under which the seller or its conveyanceragrees to use all reasonable endeavours to answerany requisitions raised by the land registry and toinstruct the land registry to send the completedregistration documents to the buyer.(e) The buyer has no right to object to or makerequisitions on any title information more than sevenbusiness days after that information has been givento the buyer.G4.3 Unless otherwise stated in the specialconditions the seller sells with full title guaranteeexcept that (and the transfer shall so provide):(a) the covenant set out in section 3 of the Law ofProperty (Miscellaneous Provisions) Act 1994 shallnot extend to matters recorded in registers open topublic inspection; these are to be treated as withinthe actual knowledge of the buyer; and(b) the covenant set out in section 4 of the Law ofProperty (Miscellaneous Provisions) Act 1994 shallnot extend to any condition or tenant’s obligationrelating to the state or condition of the lot where thelot is leasehold property.G4.4 The transfer is to have effect as if expresslysubject to all matters subject to which the lot is soldunder the contract.G4.5 The seller does not have to produce, nor maythe buyer object to or make a requisition in relationto, any prior or superior title even if it is referred to inthe documents. G4.6 The seller (and, if relevant, the buyer) mustproduce to each other such confirmation of, orevidence of, their identity and that of theirmortgagees and attorneys (if any) as is necessary forthe other to be able to comply with applicable LandRegistry Rules when making application forregistration of the transaction to which the conditionsapply.G5. TransferG5.1 Unless a form of transfer is prescribed by thespecial conditions:(a) the buyer must supply a draft transfer to the sellerat least ten business days before the agreedcompletion date and the engrossment (signed as adeed by the buyer if condition G5.2 applies) fivebusiness days before that date or (if later) twobusiness days after the draft has been approved bythe seller; and(b) the seller must approve or revise the draft transferwithin five business days of receiving it from thebuyer.G5.2 If the seller remains liable in any respect inrelation to the lot (or a tenancy) following completionthe buyer is specifically to covenant in the transfer toindemnify the seller against that liability.G5.3 The seller cannot be required to transfer the lotto anyone other than the buyer, or by more than onetransfer.G6. CompletionG6.1 Completion is to take place at the offices of theseller’s conveyancer, or where the seller mayreasonably require, on the agreed completion date.The seller can only be required to complete on abusiness day and between the hours of 0930 and1700.G6.2 The amount payable on completion is thebalance of the price adjusted to take account ofapportionments plus (if applicable) VAT and interest.G6.3 Payment is to be made in pounds sterling andonly by:(a) direct transfer to the seller’s conveyancer’s clientaccount; and(b) the release of any deposit held by a stakeholder.G6.4 Unless the seller and the buyer otherwiseagree, completion cannot take place until both havecomplied with their obligations under the contractand the balance of the price is unconditionallyreceived in the seller’s conveyancer’s client account. G6.5 If completion takes place after 1400 hours fora reason other than the seller’s default it is to betreated, for the purposes of apportionment andcalculating interest, as if it had taken place on thenext business day.G6.6 Where applicable the contract remains in forcefollowing completion.

G7. Notice to completeG7.1 The seller or the buyer may on or after theagreed completion date but before completion givethe other notice to complete within ten businessdays (excluding the date on which the notice is given)making time of the essence.G7.2 The person giving the notice must be ready tocomplete.G7.3 If the buyer fails to comply with a notice tocomplete the seller may, without affecting any otherremedy the seller has:(a) terminate the contract; (b) claim the deposit and any interest on it if held bya stakeholder;(c) forfeit the deposit and any interest on it;(d) resell the lot; and(e) claim damages from the buyer.G7.4 If the seller fails to comply with a notice tocomplete the buyer may, without affecting any otherremedy the buyer has:(a) terminate the contract; and(b) recover the deposit and any interest on it from theseller or, if applicable, a stakeholder.G8. If the contract is brought to an endIf the contract is lawfully brought to an end:(a) the buyer must return all papers to the seller andappoints the seller its agent to cancel any registrationof the contract; and(b) the seller must return the deposit and any intereston it to the buyer (and the buyer may claim it fromthe stakeholder, if applicable) unless the seller isentitled to forfeit the deposit under condition G7.3.G9. Landlord’s licenceG9.1 Where the lot is or includes leasehold land andlicence to assign is required this condition G9applies.G9.2 The contract is conditional on that licence beingobtained, by way of formal licence if that is what thelandlord lawfully requires.G9.3 The agreed completion date is not to be earlierthan the date five business days after the seller hasgiven notice to the buyer that licence has beenobtained.G9.4 The seller must:(a) use all reasonable endeavours to obtain thelicence at the seller’s expense; and(b) enter into any authorised guarantee agreementproperly required.G9.5 The buyer must:(a) promptly provide references and other relevantinformation; and(b) comply with the landlord’s lawful requirements.G9.6 If within three months of the contract date (orsuch longer period as the seller and buyer agree) thelicence has not been obtained the seller or the buyermay (if not then in breach of any obligation under thiscondition G9) by notice to the other terminate thecontract at any time before licence is obtained. Thattermination is without prejudice to the claims of eitherseller or buyer for breach of this condition G9.G10. Interest and apportionmentsG10.1 If the actual completion date is after theagreed completion date for any reason other than theseller’s default the buyer must pay interest at theinterest rate on the price (less any deposit paid) fromthe agreed completion date up to and including theactual completion date.G10.2 Subject to condition G11 the seller is notobliged to apportion or account for any sum atcompletion unless the seller has received that sumin cleared funds. The seller must pay to the buyerafter completion any sum to which the buyer isentitled that the seller subsequently receives incleared funds.G10.3 Income and outgoings are to be apportionedat actual completion date unless:(a) the buyer is liable to pay interest; and(b) the seller has given notice to the buyer at any timeup to completion requiring apportionment on thedate from which interest becomes payable by thebuyer; in which event income and outgoings are tobe apportioned on the date from which interestbecomes payable by the buyer.G10.4 Apportionments are to be calculated on thebasis that:(a) the seller receives income and is liable foroutgoings for the whole of the day on whichapportionment is to be made;(b) annual income and expenditure accrues at anequal daily rate assuming 365 days in a year, andincome and expenditure relating to some otherperiod accrues at an equal daily rate during theperiod to which it relates; and(c) where the amount to be apportioned is not knownat completion apportionment is to be made byreference to a reasonable estimate and furtherpayment is to be made by seller or buyer as

appropriate within five business days of the datewhen the amount is known.G11. ArrearsPart 1 Current rentG11.1 Current rent means, in respect of each of thetenancies subject to which the lot is sold, theinstalment of rent and other sums payable by thetenant in advance on the most recent rent paymentdate on or within four months preceding completion.G11.2 If on completion there are any arrears ofcurrent rent the buyer must pay them, whether or notdetails of those arrears are given in the specialconditions.G11.3 Parts 2 and 3 of this condition G11 do notapply to arrears of current rent.Part 2 Buyer to pay for arrearsG11.4 Part 2 of this condition G11 applies where thespecial conditions give details of arrears.G11.5 The buyer is on completion to pay, in additionto any other money then due, an amount equal to allarrears of which details are set out in the specialconditions.G11.6 If those arrears are not old arrears the seller isto assign to the buyer all rights that the seller has torecover those arrears.Part 3 Buyer not to pay for arrearsG11.7 Part 3 of this condition G11 applies where thespecial conditions:(a) so state; or(b) give no details of any arrears.G11.8 While any arrears due to the seller remainunpaid the buyer must:(a) try to collect them in the ordinary course ofmanagement but need not take legal proceedings orforfeit the tenancy;(b) pay them to the seller within five business days ofreceipt in cleared funds (plus interest at the interestrate calculated on a daily basis for each subsequentday’s delay in payment);(c) on request, at the cost of the seller, assign to theseller or as the seller may direct the right to demandand sue for old arrears, such assignment to be insuch form as the seller’s conveyancer mayreasonably require;(d) if reasonably required, allow the seller’sconveyancer to have on loan the counterpart of anytenancy against an undertaking to hold it to thebuyer’s order;(e) not without the consent of the seller release anytenant or surety from liability to pay arrears or accepta surrender of or forfeit any tenancy under whicharrears are due; and(f) if the buyer disposes of the lot prior to recovery ofall arrears obtain from the buyer’s successor in title acovenant in favour of the seller in similar form to part3 of this condition G11.G11.9 Where the seller has the right to recoverarrears it must not without the buyer’s writtenconsent bring insolvency proceedings against atenant or seek the removal of goods from the lot.G12. ManagementG12.1 This condition G12 applies where the lot issold subject to tenancies.G12.2 The seller is to manage the lot in accordancewith its standard management policies pendingcompletion.G12.3 The seller must consult the buyer on allmanagement issues that would affect the buyer aftercompletion (such as, but not limited to, anapplication for licence; a rent review; a variation,surrender, agreement to surrender or proposedforfeiture of a tenancy; or a new tenancy oragreement to grant a new tenancy) and:(a) the seller must comply with the buyer’s reasonablerequirements unless to do so would (but for theindemnity in paragraph (c)) expose the seller to aliability that the seller would not otherwise have, inwhich case the seller may act reasonably in such away as to avoid that liability; (b) if the seller gives the buyer notice of the seller’sintended act and the buyer does not object withinfive business days giving reasons for the objectionthe seller may act as the seller intends; and(c) the buyer is to indemnify the seller against all lossor liability the seller incurs through acting as the buyerrequires, or by reason of delay caused by the buyer.G13. Rent depositsG13.1 This condition G13 applies where the seller isholding or otherwise entitled to money by way of rentdeposit in respect of a tenancy. In this condition G13rent deposit deed means the deed or otherdocument under which the rent deposit is held.G13.2 If the rent deposit is not assignable the sellermust on completion hold the rent deposit on trust forthe buyer and, subject to the terms of the rentdeposit deed, comply at the cost of the buyer withthe buyer’s lawful instructions.


G13.3 Otherwise the seller must on completion payand assign its interest in the rent deposit to the buyerunder an assignment in which the buyer covenantswith the seller to:(a) observe and perform the seller’s covenants andconditions in the rent deposit deed and indemnify theseller in respect of any breach;(b) give notice of assignment to the tenant; and(c) give such direct covenant to the tenant as may berequired by the rent deposit deed.G14. VATG14.1 Where a sale condition requires money to bepaid or other consideration to be given, the payermust also pay any VAT that is chargeable on thatmoney or consideration, but only if given a valid VATinvoice.G14.2 Where the special conditions state that noVAT option has been made the seller confirms thatnone has been made by it or by any company in thesame VAT group nor will be prior to completion.G15. Transfer as a going concernG15.1 Where the special conditions so state:(a) the seller and the buyer intend, and will take allpracticable steps (short of an appeal) to procure, thatthe sale is treated as a transfer of a going concern;and(b) this condition G15 applies.G15.2 The seller confirms that the seller (a) isregistered for VAT, either in the seller’s name or as amember of the same VAT group; and(b) has (unless the sale is a standard-rated supply)made in relation to the lot a VAT option that remainsvalid and will not be revoked before completion.G15.3 The buyer confirms that:(a) it is registered for VAT, either in the buyer’s nameor as a member of a VAT group;(b) it has made, or will make before completion, aVAT option in relation to the lot and will not revoke itbefore or within three months after completion;(c) article 5(2B) of the Value Added Tax (SpecialProvisions) Order 1995 does not apply to it; and(d) it is not buying the lot as a nominee for anotherperson.G15.4 The buyer is to give to the seller as early aspossible before the agreed completion dateevidence:(a) of the buyer’s VAT registration;(b) that the buyer has made a VAT option; and(c) that the VAT option has been notified in writing toHM Revenue and Customs; and if it does notproduce the relevant evidence at least two businessdays before the agreed completion date, conditionG14.1 applies at completion.G15.5 The buyer confirms that after completion thebuyer intends to:(a) retain and manage the lot for the buyer’s ownbenefit as a continuing business as a going concernsubject to and with the benefit of the tenancies; and(b) collect the rents payable under the tenancies andcharge VAT on them G15.6 If, after completion, it is found that the sale ofthe lot is not a transfer of a going concern then:(a) the seller’s conveyancer is to notify the buyer’sconveyancer of that finding and provide a VAT invoicein respect of the sale of the lot;(b) the buyer must within five business days of receiptof the VAT invoice pay to the seller the VAT due; and(c) if VAT is payable because the buyer has notcomplied with this condition G15, the buyer mustpay and indemnify the seller against all costs,interest, penalties or surcharges that the seller incursas a result.G16. Capital allowancesG16.1 This condition G16 applies where the specialconditions state that there are capital allowancesavailable in respect of the lot.G16.2 The seller is promptly to supply to the buyerall information reasonably required by the buyer inconnection with the buyer’s claim for capitalallowances.G16.3 The value to be attributed to those items onwhich capital allowances may be claimed is set outin the special conditions.G16.4 The seller and buyer agree:(a) to make an election on completion under Section198 of the Capital Allowances Act 2001 to give effectto this condition G16; and(b) to submit the value specified in the specialconditions to HM Revenue and Customs for thepurposes of their respective capital allowancecomputations.G17. Maintenance agreementsG17.1 The seller agrees to use reasonableendeavours to transfer to the buyer, at the buyer’scost, the benefit of the maintenance agreementsspecified in the special conditions. G17.2 The buyer must assume, and indemnify the

seller in respect of, all liability under such contractsfrom the actual completion date.G18. Landlord and Tenant Act 1987G18.1 This condition G18 applies where the sale isa relevant disposal for the purposes of part I of theLandlord and Tenant Act 1987.G18.2 The seller warrants that the seller hascomplied with sections 5B and 7 of that Act and thatthe requisite majority of qualifying tenants has notaccepted the offer.G19. Sale by practitionerG19.1 This condition G19 applies where the sale isby a practitioner either as seller or as agent of theseller.G19.2 The practitioner has been duly appointed andis empowered to sell the lot.G19.3 Neither the practitioner nor the firm or anymember of the firm to which the practitioner belongshas any personal liability in connection with the saleor the performance of the seller’s obligations. Thetransfer is to include a declaration excluding thatpersonal liability.G19.4 The lot is sold:(a) in its condition at completion;(b) for such title as the seller may have; and(c) with no title guarantee; and the buyer has no rightto terminate the contract or any other remedy ifinformation provided about the lot is inaccurate,incomplete or missing.G19.5 Where relevant:(a) the documents must include certified copies ofthose under which the practitioner is appointed, thedocument of appointment and the practitioner’sacceptance of appointment; and(b) the seller may require the transfer to be by thelender exercising its power of sale under the Law ofProperty Act 1925.G19.6 The buyer understands this condition G19and agrees that it is fair in the circumstances of a saleby a practitioner.G20. TUPEG20.1 If the special conditions state There are noemployees to which TUPE applies, this is a warrantyby the seller to this effect.G20.2 If the special conditions do not state There areno employees to which TUPE applies the followingparagraphs apply:(a) The seller must notify the buyer of thoseemployees whose contracts of employment willtransfer to the buyer on completion (the TransferringEmployees). This notification must be given to thebuyer not less than 14 days before completion.(b) The buyer confirms that it will comply with itsobligations under TUPE and any special conditionsin respect of the Transferring Employees.(c) The buyer and the seller acknowledge thatpursuant and subject to TUPE, the contracts ofemployment between the Transferring Employeesand the seller will transfer to the buyer on completion.(d) The buyer is to keep the seller indemnified againstall liability for the Transferring Employees aftercompletion.G21. EnvironmentalG21.1 This condition G21 only applies where thespecial conditions so provide.G21.2 The seller has made available such reports asthe seller has as to the environmental condition ofthe lot and has given the buyer the opportunity tocarry out investigations (whether or not the buyer hasread those reports or carried out any investigation)and the buyer admits that the price takes intoaccount the environmental condition of the lot.G21.3 The buyer agrees to indemnify the seller inrespect of all liability for or resulting from theenvironmental condition of the lot.G22. Service ChargeG22.1 This condition G22 applies where the lot issold subject to tenancies that include service chargeprovisions.G22.2 No apportionment is to be made atcompletion in respect of service charges.G22.3 Within two months after completion the sellermust provide to the buyer a detailed service chargeaccount for the service charge year current oncompletion showing:(a) service charge expenditure attributable to eachtenancy;(b) payments on account of service charge receivedfrom each tenant;(c) any amounts due from a tenant that have notbeen received;(d) any service charge expenditure that is notattributable to any tenancy and is for that reasonirrecoverable.G22.4 In respect of each tenancy, if the servicecharge account shows that:(a) payments on account (whether received or still

then due from a tenant) exceed attributable servicecharge expenditure, the seller must pay to the buyeran amount equal to the excess when it provides theservice charge account;(b) attributable service charge expenditure exceedspayments on account (whether those paymentshave been received or are still then due), the buyermust use all reasonable endeavours to recover theshortfall from the tenant at the next service chargereconciliation date and pay the amount so recoveredto the seller within five business days of receipt incleared funds; but in respect of payments onaccount that are still due from a tenant condition G11(arrears) applies.G22.5 In respect of service charge expenditure thatis not attributable to any tenancy the seller must paythe expenditure incurred in respect of the periodbefore actual completion date and the buyer mustpay the expenditure incurred in respect of the periodafter actual completion date. Any necessarymonetary adjustment is to be made within fivebusiness days of the seller providing the servicecharge account to the buyer.G22.6 If the seller holds any reserve or sinking fundon account of future service charge expenditure or adepreciation fund:(a) the seller must pay it (including any interest earnedon it) to the buyer on completion; and(b) the buyer must covenant with the seller to hold itin accordance with the terms of the tenancies and toindemnify the seller if it does not do so.G23. Rent reviewsG23.1 This condition G23 applies where the lot issold subject to a tenancy under which a rent reviewdue on or before the actual completion date has notbeen agreed or determined.G23.2 The seller may continue negotiations or rentreview proceedings up to the actual completion datebut may not agree the level of the revised rent orcommence rent review proceedings without thewritten consent of the buyer, such consent not to beunreasonably withheld or delayed.G23.3 Following completion the buyer mustcomplete rent review negotiations or proceedings assoon as reasonably practicable but may not agreethe level of the revised rent without the writtenconsent of the seller, such consent not to beunreasonably withheld or delayed.G23.4 The seller must promptly:(a) give to the buyer full details of all rent reviewnegotiations and proceedings, including copies of allcorrespondence and other papers; and(b) use all reasonable endeavours to substitute thebuyer for the seller in any rent review proceedings.G23.5 The seller and the buyer are to keep eachother informed of the progress of the rent review andhave regard to any proposals the other makes inrelation to it.G23.6 When the rent review has been agreed ordetermined the buyer must account to the seller forany increased rent seller’s period of ownership withinfive business days of receipt of cleared funds.G23.7 If a rent review is agreed or determined beforecompletion but the increased rent and any interestrecoverable from the tenant has not been receivedby completion the increased rent and any interestrecoverable is to be treated as arrears.G23.8 The seller and the buyer are to bear their owncosts in relation to rent review negotiations andproceedings.G24. Tenancy renewalsG24.10 This condition G24 applies where the tenantunder a tenancy has the right to remain in occupationunder part II of the Landlord and Tenant Act 1954 (asamended) and references to notices andproceedings are to notices and proceedings underthat Act.G24.20 Where practicable, without exposing theseller to liability or penalty, the seller must not withoutthe written consent of the buyer (which the buyermust not unreasonably withhold or delay) serve orrespond to any notice or begin or continue anyproceedings.G24.30 If the seller receives a notice the seller mustsend a copy to the buyer within five business daysand act as the buyer reasonably directs in relation toit.G24.4 Following completion the buyer must:(a) with the co-operation of the seller take immediatesteps to substitute itself as a party to anyproceedings;(b) use all reasonable endeavours to conclude anyproceedings or negotiations for the renewal of thetenancy and the determination of any interim rent assoon as reasonably practicable at the best rent orrents reasonably obtainable; and(c) if any increased rent is recovered from the tenant

(whether as interim rent or under the renewedtenancy) account to the seller for the part of thatincrease that relates to the seller’s period ofownership of the lot within five business days ofreceipt of cleared funds.G24.5 The seller and the buyer are to bear their owncosts in relation to the renewal of the tenancy andany proceedings relating to this.G25. WarrantiesG25.1 Available warranties are listed in the specialconditions.G25.2 Where a warranty is assignable the sellermust:(a) on completion assign it to the buyer and givenotice of assignment to the person who gave thewarranty; and(b) apply for (and the seller and the buyer must useall reasonable endeavours to obtain) any consent toassign that is required. If consent has not beenobtained by completion the warranty must beassigned within five business days after the consenthas been obtained.G25.3 If a warranty is not assignable the seller mustafter completion:(a) hold the warranty on trust for the buyer; and(b) at the buyer’s cost comply with such of the lawfulinstructions of the buyer in relation to the warrantyas do not place the seller in breach of its terms orexpose the seller to any liability or penalty.G26. No assignmentThe buyer must not assign, mortgage or otherwisetransfer or part with the whole or any part of thebuyer’s interest under this contract.G27. Registration at the Land RegistryG27.1 This condition G27.1 applies where the lot isleasehold and its sale either triggers first registrationor is a registrable disposition. The buyer must at itsown expense and as soon as practicable:(a) procure that it becomes registered at LandRegistry as proprietor of the lot;(b) procure that all rights granted and reserved by thelease under which the lot is held are properly notedagainst the affected titles; and(c) provide the seller with an official copy of theregister relating to such lease showing itselfregistered as proprietor. G27.2 This condition G27.2 applies where the lotcomprises part of a registered title. The buyer mustat its own expense and as soon as practicable:(a) apply for registration of the transfer;(b) provide the seller with an official copy and titleplan for the buyer’s new title; and(c) join in any representations the seller may properlymake to Land Registry relating to the application.G28. Notices and other communicationsG28.1 All communications, including notices, mustbe in writing. Communication to or by the seller orthe buyer may be given to or by their conveyancers.G28.2 A communication may be relied on if:(a) delivered by hand; or(b) made electronically and personally acknowledged(automatic acknowledgement does not count); or(c) there is proof that it was sent to the address ofthe person to whom it is to be given (as specified inthe sale memorandum) by a postal service that offersnormally to deliver mail the next following businessday.G28.3 A communication is to be treated as received: (a) when delivered, if delivered by hand; or(b) when personally acknowledged, if madeelectronically; but if delivered or made after 1700hours on a business day a communication is to betreated as received on the next business day.G28.4 A communication sent by a postal service thatoffers normally to deliver mail the next followingbusiness day will be treated as received on thesecond business day after it has been posted.G29. Contracts (Rights of Third Parties) Act1999No one is intended to have any benefit under thecontract pursuant to the Contract (Rights of ThirdParties) Act 1999.



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Early Bird UpdatesWant to be the first to know about new instructions?If you want to be the first to find out about new instructions then all you need to do is register online atwww.venmoreauctions.co.uk call one of our auction team on 0151 236 6746 or speak to someone on the day of theauction. All we need is your name, email address, telephone number, the type of property you are currently looking forand we will send you regular updates of any opportunities that suit your personal requirements.

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Our BranchesOur offices cover Liverpool, Southport & Wirral

Trading as Venmore in Liverpool, Ball & Percival in Southportand Bradshaw Farnham & Lea in Wirral, we believe this offersour clients a much broader service and the ability to deal with

the same agent even if moving slightly further afield

Venmores provided us with a

first class service and dealt with the

viewings on our property in an

expert manner. We completed

within 4 weeks!Thank you for

making our move so painless!

Mr & Mrs Wallis, Allerton

Southport Office132 Lord Street,

Southport, PR9 0AETelephone 01704 536 900

[email protected]

Ainsdale Office36/38 Station Road,Ainsdale, PR8 3HS

Telephone 01704 574 224

Auction DepartmentImperial Buildings, 9 Dale Street,

Liverpool, L2 2SHTelephone 0151 236 6746

[email protected]

Survey & ValuationImperial Buildings, 9 Dale Street,


[email protected]

Property ManagementImperial Buildings, 9 Dale Street,


[email protected]

Allerton Office8-10 Allerton Road,

Allerton, L18 1LNTelephone 0151 733 9000

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City OfficeImperial Buildings, 9 Dale Street,


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Commercial DepartmentImperial Buildings, 9 Dale Street,


Moreton256 Hoylake Road, Moreton

Wirral, CH46 6AFTelephone 0151 678 9760

[email protected]

Bebington6 Church Road, Bebington

Wirral, CH63 7PHTelephone 0151 645 7155

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Bromborough10 Allport Lane, Bromborough

Wirral, CH62 7HPTelephone 0151 334 5156

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West Kirby18 The Crescent, West Kirby

Wirral, CH48 4HNTelephone 0151 625 8844

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Heswall7 Pensby Road, Heswall

Wirral, CH60 7RATelephone 0151 348 4488

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Prenton, Wirral, CH42 8PETelephone 0151 608 9595

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Wallis, Allerton