Collective Auction April 2020 - Thursday 2nd April 2020 at 6:30pm - cloudfront.net
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Collective Auction April 2020 Thursday 2nd April 2020 at 6:30pm Kilworth Springs Golf Club South Kilworth Road, North Kilworth, Leicestershire, LE17 6HJ howkinsandharrison.co.uk SALES / LETTINGS / COMMERCIAL / FARM & RURAL / PLANNING & DEVELOPMENT / AUCTIONS / VALUATIONS
Our Land & Property Team
Ashby de la Zouch
Welcome
Welcome to our first collective Property Auction of 2020. and Derbyshire in the north including everything from a
Whichever way you voted in the referendum I think I can speak two bed semi or country cottage to building plots, blocks of
Ian Large BA (Hons) MSc MRICS FAAV Michael Fallowell FRICS FAAV Paul Lees BSc (Hons) FAAV Anna Meynell BSc (Hons) FAAV for most when saying it is nice not to have to listen to someone agricultural land and development sites.
01530 877977 01530 877977 01530 877977 01530 877977 with an opinion about Brexit talking about it 24 hours a day.
ian.large@howkinsandharrison.co.uk michael.fallowell@howkinsandharrison.co.uk paul.lees@howkinsandharrison.co.uk anna.meynell@howkinsandharrison.co.uk The catalogue contains a wide range of property types
We now just have to keep up with the various storm names!
including land, development plots and renovation or
Howkins & Harrison have been auctioneering since 1888 and refurbishment projects, and within the catalogue are full
as a firm we are committed to making property auctions a details of the lots on offer, we will make any necessary
success and for buyers and sellers to have the opportunity to announcements before the sale of any changes that are not
buy and sell property in that way. We will be running further described within the brochure. If you would like to view any of
Tori Whinder BSc (Hons) PgD MRICS Owen Holdsworth BA (Hons) collective property sales later in the year across our branch them – please contact our team.
01530 877977 01530 877977 coverage combining the skills and geographical coverage of
tori.whinder@howkinsandharrison.co.uk owen.holdsworth@howkinsandharrison.co.uk The legal packs will be available electronically a couple of
our offices. If you are interested in selling your property at
weeks before the sale so please get in touch if you would like
Atherstone auction then please talk to one of our team.
one to be sent to you.
The first few months of 2020 have seen the property market
If you have any questions then please let us know, we will be
across our region go from strength to strength, instructions
happy to help and if you are intending to bid, good luck!
have increased, values appear to have stabilised or increased
in certain places and the appetite for acquisitions of all
property types grow. Our firm continues to sell property from
Peter Bennett BSc (Hons) FRICS FAAV James Collier BSc (Hons) MRICS FAAV Ella Darby BSc (Hons) MRICS FAAV south Northamptonshire and Oxfordshire to Staffordshire Tim Howard
01827 721383 01827 721385 01827 721380
peter.bennett@howkinsandharrison.co.uk james.collier@howkinsandharrison.co.uk ella.darby@howkinsandharrison.co.uk
Rugby
Lots available
Welcome 1
[1] Land off Hoo Ash Island, Coalville, Leicestershire. Nearest postcode LE67 8RH 2
[2] Development Plot at Lutterworth Road, Walcote, Lutterworth, Leicestershire LE17 4JU 4
Jeff Paybody BSc (Hons) MRICS FAAV Tim Howard BSc (Hons) MRICS Jeremy Watson BSc FRICS FAAV Henry Martin BSc (Hons)
01788 564686 01788 564685 01788 564740 01788 564680 [3] Development Plot at Spikes Lane, Rugby Road, Harborough Magna
jeff.paybody@howkinsandharrison.co.uk tim.howard@howkinsandharrison.co.uk jeremy.watson@howkinsandharrison.co.uk henry.martin@howkinsandharrison.co.uk
Rugby, Warwickshire CV23 0HQ 6
[4] Rose Cottage, Main Street, Bretford, Rugby CV23 0NB 10
[5] Equestrian Property at A5, Kilsby, Near Rugby, CV23 8YE 12
General Property Information For Each Lot Offered 14
Charles Morton Jenny Hannah Helen Frampton BSc (Hons) MRICS FAAV
Auction Buyers’ Guide 15
01788 564680 01788 564746 01788 564743
charles.morton@howkinsandharrison.co.uk jenny.hannah@howkinsandharrison.co.uk helen.frampton@howkinsandharrison.co.uk
Towcester Money Laundering Regulations (Full details are available on page 10)
In order to bid you must register before or on the day. You will need to provide the following:-
• Certified copy, or original passport or photo driving licence
• Current utility bill of current address
Your bid cannot be taken without this information.
Simon Harris MRICS FAAV Andrew Pinny MRICS Jennifer Whitton BSc (Hons) MRICS FAAV
01327 393979 01327 393979 01327 393979
Investment Residential Agricultural Development Equestrian
simon.harris@howkinsandharrison.co.uk andrew.pinny@howkinsandharrison.co.uk jennifer.whitton@howkinsandharrison.co.uk
Collective Auction April 2020 1
Kilworth Springs Golf Club
Thursday 2nd April 2020
Land off Hoo Ash Island, Coalville, Leicestershire. Nearest postcode LE67 8RH Guide price
£40,000 - £50,0000
A block of amenity land with development potential subject to the Contact our Ashby office
01530 877977 (Option 2)
necessary planning consents
Extending to approximately 0.89 acres
Situation Overage
The property is situated just off Hoo Ash Island between A511 and Hough The property is to be sold subject to an overage clause reserving 25%
Hill, Swannington. Ideally located for major road links and for access into clawback over a 30 year period for any enhanced value over and above
the market towns of Ashby de la Zouch and Coalville. Major road links existing use value attributable to any residential or commercial planning
are within easy reach, with junction 13 of the A42, 4 miles away and junction permission. The overage clause will not be triggered by agricultural or
22 of the M1, 8 miles away. equestrian development.
Description Viewing
The property comprises of a block of amenity land with planning potential By appointment only. Please contact Anna Meynell on 01530 877977
subject to obtaining the necessary planning consents. (option 2) or email anna.meynell@howkinsandharrison.co.uk
The land extends to 0.89 acres which slopes gently down towards the road
overlooking farm land with Charnwood Forest in the distance. The access is
Local Authorities
via a dropped kerb onto Hough Hill. The site is bordered by post and rail North West Leicestershire District Council – 01530 454545
fencing and mature hedging.
Vendor Solicitor
Planning Permission Jessica Carter – Josiah Hincks Solicitors
The land may have development potential for residential or commercial use The Manse, 22 De Montford Street, Leicester, LE1 7GB
subject to obtaining necessary planning permission. Purchasers are advised
to make their own enquiries with North West Leicestershire District Council.
The land has been submitted into the Strategic Housing and Economic Land
Availability Assessment, more information can be found on: https://www.
nwleics.gov.uk/pages/strategic_housing_and_economic_land_availabilty_
assessment
Services
The property is not connected to any services. Purchasers are asked to make
their own enquiries to connectivity.
N>
2 Collective Auction April 2020 Collective Auction April 2020 3
Kilworth Springs Golf Club
Thursday 2nd April 2020
Development Plot at Lutterworth Road, Walcote, Lutterworth, Leicestershire LE17 4JU Guide price
£225,000 - £250,000
A site with outline permission for the construction of two detached properties Contact our Rugby office
01788 564680
Extending to approximately 0.18 acres (0.07ha)
Situation Prospective purchasers should make themselves aware of the eight
conditions and the implications of these prior to the auction.
The plot is situated on Lutterworth Road to the east of the Leicestershire
village of Walcote which benefits from a pub, garage and shop,
approximately 3 miles from junction 19 of the M1 and 3 miles from
Services
Lutterworth town centre, offering a range of facilities, amenities and The property does not benefit from any mains service connections although
everyday services. it is believed that water, electricity and telephone services are available within
Lutterworth Road.
Market Harborough is approximately 12 miles to the east and Leicester
is approximately 12 miles to the north. The M6, A5, M1/A14 Catthorpe It will the responsibility of the purchaser to connect into and install new
Interchange all within easy reach together with main line railway stations connections and it is assumed that drainage will be connected into the mains
with direct services to Birmingham and London at Rugby. system and not a private system.
The property is shown in more detail on the plan. Local Authority & Utility Companies
Harborough District Council Tel. 01858 828282
Description Severn Trent Water
The plot extends to 0.18 acres (0.07 hectares) or thereabouts and is a level stwater.co.uk/building-and-developing/house-developments/new-house/
triangular site with frontage to Lutterworth Road where it is assumed that Western Power Tel. 0800 0963080
mains services exist.
Viewing
Planning Permission Viewing during daylight hours with a copy of the sales particulars to hand.
Outline planning permission with all matters reserved has been granted for
the erection of two dwellings on the site with a new access that will need to Vendor Solicitor
be provided from Lutterworth Road.
Mark Anderson, Broomfields Solicitors, Minerva House, 7 St John’s Business
Permission was granted by Harborough District Council under reference Park, Rugby Road, Lutterworth LE17 4HB, telephone 01455 559444.
19/01354/OUT on 22nd November 2019, a copy of the planning application,
decision notice and approved site plan can be seen on Harborough District
Council’s website or from the agent’s office.
4 Collective Auction April 2020 Collective Auction April 2020 5
Kilworth Springs Golf Club
Thursday 2nd April 2020
Development Plot at Spikes Lane, Rugby Road, Harborough Magna Guide price
Rugby, Warwickshire CV23 0HQ £225,000 - £250,000
A site with permission for the construction of two semi-detached Contact our Rugby office
01788 564680
three bedroom properties
Extending to approximately 0.31 acres (0.13ha)
Situation Covenants
The property is situated on a piece of land known as Spikes Lane off The purchaser will be required to construct a close boarded fence at least
Rugby Road in the centre of the village of Harborough Magna, 8’ high along the eastern boundary, except for the pubic footpath section,
approximately 3 miles from the centre of Rugby. within three months of completion.
Rugby has a good range of everyday services, facilities and amenities A covenant will be placed on the land in favour of the vendor’s retained
together with excellent links with Junction 1 of the M6, Junction 18 of the property and that no more that two residential dwellings will be permitted to
M1 and Junction 19 of the M1/A14 Catthorpe Interchange. The main line rail be constructed on the site.
station at Rugby offers direct services to Birmingham and London.
Coventry, Nuneaton, Lutterworth and Leamington Spa are all within easy
Services
reach of Harborough Magna and the situation of the plot is shown in more The property does not benefit from any mains services connections although
detail on the site plan. it is believed that water, electricity, gas and telephone services are available
within the village.
Description It will be the responsibility of the purchaser to connect into and install new
The plot extends to 0.31 acres (0.13 ha) is rectangular in shape with road connections and it is assumed that drainage will be connected into the mains
frontage to Rugby Road. The site has formerly been used as an agricultural system rather than a private system. The vendor would consider granting a
access to the vendor’s retained property to the east of the site but this access right for surface water outfall into the ditch to the east of the site.
and use will cease following the sale.
A pubic right of way runs along the northern boundary of the site and as
Local Authority & Utility Companies
part of the planning permission will need to be fenced off and enclosed. Rugby Borough Council Tel. 01788 533533
Severn Trent Water
The two semi-detached properties have access and parking to the front of stwater.co.uk/building-and-developing/house-developments/new-house/
the site. The total gross developable area is 3,372 sq ft (330 sq m) with each Western Power Tel. 0800 0963080
plot measuring approximately 1,686 sq ft (156 sq m).
The approved accommodation provides for an entrance hall with WC off,
Viewing
snug or study, open plan ‘L’ shaped lounge/dining/kitchen area. To the first Viewing during daylight hours with a copy of the sales particulars to hand
floor will be a master bedroom with en suite, family bathroom, laundry room although it should be noted that there is a working farm near to the site and Ground floor First floor
and two double bedrooms to the rear. care should be taken when viewing.
The garden will lie to the east of the site with the approximate length of the Vendor Solicitor
site between the east and west boundaries approximately 57m.
Kate Austin, Arnold Thomson LLP, 205 Watling Street, Towcester,
The proposed plans are shown below. Northamptonshire NN12 6BX, telephone 01327 350266,
email kate.austin@arnoldthomson.com
Planning Permission
Planning permission was granted by Rugby Borough Council under
reference R19/119 on 21st November 2019, a copy of the planning application,
decision notice and approved drawings can be found on Rugby Borough
Council’s website or from the Howkins & Harrison Rugby office.
Prospective purchasers should make themselves aware of the 17 conditions
and the implications of these prior to the auction.
Specific note should be made of Condition 14 in connection with the
construction of the new access and that Warwickshire County Council
Highways Department will require a Section 184 Notice served on them
at least 28 days prior to the commencement of development on the basis
that part of the access will be constructed on land forming part of the
public highway.
6 Collective Auction April 2020 Collective Auction April 2020 7
howkinsandharrison.co.uk howkinsandharrison.co.uk
Get your property
seen in London
Instruct Howkins & Harrison by the end of
March 2020 and we’ll promote your property
at the London & Country Show in London on
the 28th April.
Your home will be seen by motivated
London buyers looking to move to, or invest,
in your area.
Tuesday 28th April 2020, 13:30 - 18:30
The Chelsea Old Town Hall, Kings Road,
London SW3 5EE
Free Admission
Do you have commercial
property? Can we help?
Do you know we carry out the following services:
• Property for sale or to let • Professional / advisory
• Market Appraisals • Planning
• Red Book Valuations
Speak to the Ashby, Atherstone or Rugby team or email
commercial@howkinsandharrison.co.uk
Ashby de la Zouch Atherstone Rugby
01530 877977 (Option 2) 01827 718021 01788 564666
Kilworth Springs Golf Club
Thursday 2nd April 2020
Rose Cottage, Main Street, Bretford, Rugby CV23 0NB Guide price
£185,000
A semi detached two bedroom cottage in need of renovation with the Contact our Rugby office
01788 564680
potential to extend on a large plot with open views to the rear
Extending to 0.24 acres in all
Situation There may therefore be a possibility of further land to the east of Rose
Cottage being available by separate negotiation at a later date.
The property is situated on Main Street in the village of Bretford, part of the
Fosse Way. Bretford is approximately 3 miles from Rugby town centre which
benefits from a mainline railway station with direct services to Birmingham
Rights of Way, Wayleaves and Easements
and London. The relevant rights will be granted to the purchaser of Rose Cottage and
to the owner of the adjoining Home Farm house for repairs, alterations and
The cottage is approximately 6 miles from the centre of Coventry which improvements to be carried out on the boundaries of their properties and to
along with Rugby to the east, has an excellent range of facilities and be able to use the immediately adjoining land for access to carry out works
amenities together with employment opportunities. subject to making good any damage and not causing a nuisance.
The Fosse Way gives access to the A45 London Road which links the M6,
M42 and M1. The M69 and A5 are also both within easy travelling distance.
Services
It is understood that main services ie water, electricity and drainage are
Description available but not connected to the site and the availability of these services
will need to be checked by the purchaser.
Rose Cottage is a semi-detached two-bedroom cottage constructed of red
brick under a tiled roof. The property would benefit from renovation.
Council Tax
The accommodation extends to about 1,106 sq ft (106 sq m) over two floors Formerly band B
and comprises the following:
Ground Floor EPC
Rear Entrance Porch with Bathroom off / Kitchen / Dining Room / The EPC Rating is E with the potential to be B.
Sitting Room
Inner Hall with stairs to:
Local Authority & Utility Companies
Rugby Borough Council Tel. 01788 533533
First Floor Severn Trent Water
Bedroom 1 / Bedroom 2 with airing cupboard and store stwater.co.uk/building-and-developing/house-developments/new-house/
Western Power Tel. 0800 0963080
Outside
The cottage has the benefit of planning permission for a new vehicular
access off the main road to the south of Rose cottage. The vendors have
Viewing
commenced development and therefore the permission is extant although Viewing is by appointment only via the Howkins & Harrison Rugby office,
not yet complete. telephone 01788 564680.
0.24 acres with the garden lying to the south and east of the property Please note when viewing that parking will be within the farm yard of Home
enclosed by mature hedge boundaries and being down to lawn, an orchard Farm which will be locked at all other times.
and vegetable plot.
Vendor Solicitor
Planning James Spreckley, Lodders, Number Ten Elm Court, Arden Street, Stratford
Permission for the formation of a new vehicular access was granted on 23rd Upon Avon, Warwickshire CV34 6PA, telephone 01789 293259.
June 2014 under Reference R14/0901 with a certificate of lawful use granted
under Reference R17/0949 to confirm that works had commenced granted
on 22nd June 2017.
Home Farm
A potential purchaser should note that a planning application for the stables
at Home Farm has been granted for the conversion to one dwelling together
with the demolition of the existing agricultural building and the construction
of an attached double garage. It is the intention of the vendor to offer for
sale The Stables and Home Farm as two lots later in the year.
10 Collective Auction April 2020 Collective Auction April 2020 11
Kilworth Springs Golf Club
Thursday 2nd April 2020
S & HA R
IN
Equestrian Property at A5, Kilsby, Near Rugby, CV23 8YE Guide price
RI
K
HOW
S ON
£125,000
EQ
Y
RT
ES
PE
U
TRI
AN PRO
Highly desirable equestrian property with stables and parking yard off the Contact our Rugby office
01788 564680
bridleway between Kilsby & Crick
Extending to approximately 5.21 acres (2.06ha)
Situation Services
The land is situated to the east of the village of Kilsby just off the A5 and The property has a water connection. Mains electricity is not connected
access to the land is via a hard-surfaced public bridleway. Rugby town to the property but overhead electricity cables are believed to be
centre is approximately 4 miles distant, Daventry 6 miles and Northampton available nearby.
15 miles. The A5 is approximately 500m from the property providing access
to the M1, M6 and A14. Restrictive Covenant
The location is shown in more detail on the site plan. Not at any time hereafter to build erect or place or allow to be built
erected or placed on the property or any part thereof any hut, tent,
Description temporary dwelling, caravan, house on wheels or encampment intended
for use as dwelling.
An equestrian property with a flat and level pasture field of approximately
5 acres and 0.21 acres of yard and parking area for vehicles and trailers. The
yard has an equestrian barn (30 ft x 60 ft) and a wooden stable.
Sporting, Timber & Mineral Rights
The mines and minerals are excluded from the sale, all other rights are
The barn has four sections one of which has three stables and a hay loft believed to be held with the freehold owner and will be included with a sale
above. A number of fruit trees have been planted on the bund to the south of the land.
of the barn.
The field has two drinking troughs and is accessed off the bridleway between
Local Authority & Utility Companies
the villages of Kilsby and Crick. Daventry District Council Tel. 01327 871100
Anglian Water Tel. 03457 919155
Planning
Planning permission has been granted for the construction of a barn and
Viewing
change of use of the land from agricultural to equine use under reference Strictly by prior appointment through the agent’s Rugby office on
DA/2012/0061, granted on 16th April 2012 by Daventry District Council. 01788 564680 or email rugrural@howkinsandharrison.co.uk
Tenure & Possession Vendor Solicitor
The property is offered freehold with vacant possession being given Kate Austin, Arnold Thomson 205 Watling St, Towcester NN12 6BX,
upon completion. telephone 01327 350266 Email kate.austin@arnoldthomson.com
N
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12 Collective Auction April 2020 Collective Auction April 2020 13
General Property Information For Each Lot Offered Auction Buyers’ Guide
This guide is designed to help buyers who are new to buying property at auction –
in particular a Howkins & Harrison auction, and how the process works.
Tenure Important Notice valuation report before making a mortgage offer so you will need to make your
All properties are offered freehold unless stated otherwise. 10 These particulars have been prepared in good faith to give a fair overall view of Check guide prices mortgage application as early as possible.
the property. If any points are particularly relevant to your interest in the property Guide prices are shown in the auction catalogue but are sometimes subject to
Possession please ask for further information. change. Please note: Guide prices are not necessarily figures at which a property You will usually need to complete your purchase up to 28 days after the day of the
Vacant possession will be given upon completion which will be set for 28 days from will sell, nor are they the reserve prices. They are only intended to be an indication auction. You should discuss this with your lenders to make sure that this will not be a
the date of the auction unless specified otherwise at the sale. 20 Nothing in these particulars shall be deemed to be a statement that the property of the seller’s expectation. problem.
is in a good structural condition or otherwise, nor that any services, appliances,
Services equipment or facilities are in good working order. Purchasers should satisfy Reserve Prices Make sure you do not forget stamp duty, legal and surveyor’s fees and mortgage
Please note that none of the services listed as being connected have been tested and themselves on such matters prior to purchase. All lots offered for sale are subject to a reserve price (this is the sum below which fees.
the purchaser should note that it is their responsibility to make their own enquiries we are not authorised to sell the property). Unless otherwise stated, the level of
with the appropriate authorities as to the location, adequacy and availability of mains 30 The photograph/s depict only certain parts of the property. It should not be the reserve is confidential between the vendor and auctioneer. Obtain a survey or seek further advice
water, gas, electricity and drainage services. assumed that any contents, furnishings / furniture etc. photographed are included If you wish to obtain a survey or let an architect or builder inspect, please ask your
in the sale. It should not be assumed that the property remains as displayed in The auctioneer has the authority to bid on behalf of the vendor up to the reserve surveyor to call us directly to make arrangements for access to the property.
Rights of Way Etc. the photograph/s. No assumptions should be made with regard to parts of the price to ensure the property is not sold lower than the price at which the vendor
All the properties are sold subject to and with the benefit of all rights of way, property that have not been photographed. Please ask for further information has stated. Making an offer prior to the auction
easements and wayleaves that may exist whether or not they are disclosed in the if required. You can make an offer (which should be in writing or by email) for a property at any
particulars. time up to the date of the auction. If your offer is accepted you will have to be in a
40Any areas, measurements or distances referred to are given as a GUIDE ONLY position to exchange contracts and pay your deposit immediately.
Boundaries and Fencing and are not precise. If such details are fundamental to a purchase, purchasers Sales Particulars
Boundary ownership, where known, is indicated on the plans by an inward marked ‘T’. must rely on their own enquiries or those which can be performed by their Information on all properties for sale, along with dates of future auctions, can be Some vendors may not be willing or able to accept offers prior to auction.
appointed advisers. obtained by visiting www.howkinsandharrison.co.uk/auctions
Plans, Areas and Descriptions What if I cannot attend the auction?
The plans, areas and descriptions are believed to be correct in every way, but Interested parties will have access to the current catalogue about four to five weeks We recommend you attend the auction. If you cannot, you should make
no claim will be entertained by the vendor or the agents in respect of any error, prior to an auction sale. arrangements for an agent or another party to act on your behalf and bid for the
property. Please note that if you bid on a property you are personally liable for an
omissions or misdescriptions. The plans are for identification purposes only.
Money Laundering Regulations Registering with us to receive catalogues by email ensures you receive the accepted bid even if you act as an agent for another party.
Crown Copyright catalogue first.
The plans under Crown Copyright are published for the convenience of identification Under the new money laundering directive (SI 2017/692) We do not accept telephone or proxy bids.
only and although believed to be correct, their accuracy is not guaranteed and we, as auctioneers and estate agents, are required by the Identify lots
they do not form part of the sale contract. The plans are based upon the Ordnance Look through the catalogue and identify the lot or lots which may be of interest to Bidding
Survey Maps with the sanction of the Controller of HM Stationery Office, Crown HMRC to obtain proof of identity of all potential and you. A list of properties can be found at the front of the catalogue. The onus is on you to ensure that the auctioneer is aware of your bid. Please do not
Copyright Reserved. leave your bid until the last moment. The auctioneer is under no obligation to accept
prospective purchasers. Therefore, if you are intending Inform the auctioneers which property you are interested in, so you can be informed a bid and the auctioneer need not explain why. If there is a dispute over the bidding
Method of Sale to bid, you will need to bring the appropriate of any changes or additions to the property details as soon as possible. the auctioneer is entitled to resolve it at his discretion. The vendor may bid or ask the
Although it is intended that the properties should proceed to auction, the vendor auctioneer to bid on his behalf up to the reserve price but may not take a bid from
reserves the right to either sell the property prior to the auction or to withdraw the identification – in the form of photographic driving Changes to information the vendor equal to or exceeding the reserve price.
property from the auction. licence or passport, together with a current utility bill Occasionally changes need to be made to the lot information or the special
conditions of sale. Where possible you will be informed of these changes if you have Auction Procedure
The properties will be offered subject to an undisclosed reserve price and the vendor showing the same name as the photographic id. Please registered your interest, however, they will be read out on the night of the auction Properties will be offered for sale in lot order unless otherwise stated. Bids will be
reserves the right for the auctioneers to bid on their behalf up to the reserve price. be aware of this and have the information available but you will not have an opportunity to discuss these changes once the auction has invited and normally the highest bidder over the reserve will be the purchaser.
commenced. Therefore, before you get ready to bid, it is essential that you check for The auctioneer reserves the right to regulate the bidding and to refuse any bid at his
The properties are offered for sale by public auction, (unless sold previously) on prior to the auction at registration. any changes that may have occurred, even up to the day of the auction. sole discretion. He also reserves the right to re-offer the property at his discretion.
2nd April 2020 at Kilworth Springs Golf Club, South Kilworth Road, North Kilworth,
Leicestershire, LE17 6HJ. Purchasers should be aware of the following information with View the property Exchange of Contract
regard to the purchase of property at public auction: Please note that we are unable to accept cash or debit Please call or email us to arrange a convenient time for viewing. If a property If your bid was the highest bid at the fall of the hammer you will be deemed to
is particularly popular there may be group viewings, you will be advised if this is have exchanged contracts to purchase the property at that point. You will then be
10 T he purchaser will be bidding on the basis that they have read and understood the
or credit cards. The deposit should be paid by cheque, the case. required to sign a contract and pay a deposit, normally amounting to 10% of the
Conditions of Sale and have seen a copy of the contract whether or not they have banker’s draft or by prior arrangement using a telegraphic purchase price.
done so. Obtain legal advice
or electronic transfer. It is important that you obtain independent legal advice before bidding. Property Insurance
20 At the fall of the hammer the purchaser will be expected to sign a contract and pay Please note that you as the purchaser are immediately responsible for insuring the
a 10% deposit (not in cash). The vendor’s solicitors prepare legal packs containing (where applicable) home property from the moment you exchange contracts.
To further comply with the regulations, buyers will be information packs, energy performance certificates, special conditions of sale, title
30 Completion of the purchase will take place 28 days after the auction unless required to also provide their proof of identity, in the form deeds, leases, office copy Land Registry entries, searches and replies to pre-contract Completion
specified otherwise. enquiries. These may be available by email from us. If you are successful in buying one of the lots at auction, completion will take place
of a photographic driving licence or passport together 28 days after the auction date unless otherwise stated.
40The purchaser will be responsible for reimbursement of the cost of the local with a current utility bill to the solicitor who is collecting Alternatively, they will be available from the vendor’s solicitors. These documents
searches carried out prior to auction, this cost will be outlined in the sale contract should be passed to your legal adviser to help you make an informed decision about Understand all Terms and Conditions
and will be payable to the vendor’s solicitor. the deposit monies. the lot. If you need further legal information please contact the vendor’s solicitor Buying property at auction is different from buying property privately and we
whose details will be in the catalogue. Legal packs will usually be available for strongly advise potential purchasers to check that they have read and understood all
Conditions of Sale inspection in the auction room. the various legal documents and terms & conditions.
The property is sold subject to the General and Special Conditions of Sale prepared
by the vendor’s solicitor which may be inspected during usual office hours at the It is important to note that you buy subject to all documentation and terms of Please read the common auction conditions which have been prepared by the RICS,
solicitor’s or the agent’s offices 14 days prior to the date of sale. The Conditions of contract whether or not you have read them. so that you are familiar with the legal requirements for when you buy at auction.
Sale may be inspected in the sales room before the auction but they will not be read
out at the sale. The purchaser will be deemed to have bought the property on these Arrange finance https://www.rics.org/globalassets/rics-website/media/upholding-professional-
conditions whether or not he has inspected them. The property is sold subject to a To buy at auction, you must have ready funds available for the deposit amount, 10% standards/sector-standards/real-estate/auctioneers-selling-real-estate-7th-edition-
reserve price. (See 2.3 of the Standard Conditions of Sale (Fourth Edition)). of the purchase price. The balance of the funds will be payable upon completion rics.pdf
which is usually 28 days after the sale.
Lotting
The vendor reserves the right to offer the property for sale in any order other than If you do need to arrange a mortgage it is important that you obtain an offer in
that described in these particulars, to sub-divide, amalgamate or withdraw the principle from your lender before the auction day.
property from sale without prior notice.
Most building societies and banks will wish to instruct a surveyor to prepare a
14 Collective Auction April 2020 Collective Auction March 2020 15
HowkinsandHarrison
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