DESCRIPTION: Prime freehold land. Huge potential for residential development subject to all planning consents/permissions. New build, residential development adjacent. FULL ADDRESS: Plot 4, Gashouse Hill, Off Station Road, Netley, Southampton, Hants, SO31 5AJ ACCOMMODATION: Plot 4; Circa 0.18 acres. LOCATION: The village of Netley, near the city’s outskirts, is home to Netley Abbey, a ruined...
DESCRIPTION: Plots 15, 16, 17. Circa 0.4 of an Acre. Freehold Amenity Land. The Plot may be suitable for a number of uses, including future residential development, subject to the usual planning permission and consents. Prospective purchasers must rely solely on their own enquiries. ACCOMMODATION: Plots 15, 16 & 17, circa 0.4 acres. LOCATION: Stevenage is a town and borough in Hertfordshire,...
DESCRIPTION: Freehold land. Circa 22 acres with enormous future potential subject to planning consents. ACCOMMODATION: Direct road access. On site, footings to the former, very grand Birch House, mobile caravan, stable block, main industrial building, warehouse various out buildings. We are advised the site has all main utilities. The history of Birch Vale House LOCATION: Birch Vale is a village...
DESCRIPTION: Freehold land, with vehicle access. Future potential, subject to all necessary consents. ACCOMMODATION: 6.29 Acres 25454.73 Square Meters. The land is enclosed by post and rail fencing and has main water. Vehicle Access. LOCATION: Vehicle access is off “Knolls View”. Sewell is a hamlet located in the Central Bedfordshire district of Bedfordshire, England. Sewell is a small rural...
DESCRIPTION: Freehold amenity land. Future development potential, subject to all planning consents. Road frontage. A periodic tenancy in place for the land to be used for grazing of sheep. The farmer using the land has been served with the necessary 12 months formal notice to terminate the periodic tenancy rights, on or before 17th August 2022. A copy of the original agricultural tenancy agreement plus...
DESCRIPTION: Freehold, mixed use property. Comprising of a boutique hair Salon. Split level, residential maisonette above. Fully let, generating £26,540, 8% plus, gross yield, per annum, combined. Excellent location. ACCOMMODATION: 33, Ground floor shop “The Hair Bar” let on, 16 year lease from september 2016. Rent £17,000 per annum with rent reviews. 33A, First and second floor maisonette....
DESCRIPTION: The land is mainly laid as grazing and clearly offers superb recreational opportunities and may provide excellent equestrian facilities should (subject to obtaining necessary consents where required) a buyer wish to install stables etc. Movable field shelters and similar structures that are not permanent may not require planning permission however, buyers are deemed to rely on their own...
DESCRIPTION: Beautifully Located Pair of Semi-Detached Properties, registered under one Title. Enormous potential to further develop to one larger dwelling or as two sizable family homes. Subject to all necessary consents. Current tenancies ending mid December. FULL ADDRESS 1 & 2 Orchard Farm Cottages, Holtye Road, East Grinstead, West Sussex, RH19 3PP ACCOMMODATION: Number One Orchard Cottage: 4...
DESCRIPTION: Freehold mixed use property. Arranged as a ground floor shop and split level maisonette above. Garage. Previous combined income, £51,000 per year gross. ACCOMMODATION: Ground floor; Fast food outlet/shop, commercial kitchen, storage rooms. First and second floors; Entrance hall, kitchen, five bedrooms, two shower rooms. LOCATION: Aylesbury The county town of Buckinghamshire, South...
DESCRIPTION: Freehold amenity land. Future development potential, subject to all planning consents. Road frontage. A periodic tenancy in place for the land to be used for grazing of sheep. The farmer using the land has been served with the necessary 12 months formal notice to terminate the periodic tenancy rights, on or before 17th August 2022. A copy of the original agricultural tenancy agreement plus...
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If you have questions regarding buying or selling at auction or even have a general unanswered question, please fill out the form below and we’ll get back to you shortly, and remember, no question is too small.
Yes – You have three options when it comes to bidding and each will require its own bidding process.
If you are joining us in the room, we can register you on the auction day, at the auction venue. Just ensure you bring along 2x proofs of ID and proof of funds. Please call us if you are unsure on what to bring.
You can choose from two options; bid via Connect Realtime© or via Proxy/Telephone. Both registrations are swift and straightforward and will ensure your ability to bid on your chosen lot.
By law we will require two proofs of ID – one photographic and the other proof of address less than three months old. Proof of funds will also be asked for at the time of registration. Without the above you will not be able to bid.
A buyer’s premium is payable on all property and land lots. This will be payable upon the fall of the gavel as contracts are exchanged. This will be paid at the same time as the deposit if you are the highest bidder on a lot, before leaving the auction venue. The amount payable will be specified in the lot description.
The Purchaser shall pay a deposit of 5% and buyer’s premium of 2.2% inclusive (with a minimum of £5,000.00) and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot.
Of course. Some clients like to arrange their mortgage valuation prior to auction day and others after. Either way, completion can be set at 42 days (6 weeks) from exchange, rather than the normal 28 days, or in fact, anywhere in between. As long as all parties are notified, your timeframe is paramount. Auction offers immense opportunity and allows one to buy, through some lenders, with only a 15% deposit.
Yes. Any offers made before the auction will always be put to the vendor. If you are really interested in a lot then of course a pre-auction offer is a good idea. Ensure you have thoroughly read the legal pack before offering and if the offer is accepted the sale will exchange before the auction and will proceed under the same, auction conditions.
Here you will advise a representative as to your maximum bid by completing our Proxy Bidding form and the auctioneer will bid on your behalf up to your maximum. They will always endeavour to secure the property for you, either at, or below your maximum bid if possible. If the bidding in the room exceeds your maximum, then you proxy bid would end.
Here you will be asked to complete a telephone bidding registration form. This will be based on a first-come, first-serve basis and a representative will bid on your instruction. You will be able to hear the auctioneer in the background and will also be able to watch the auction live in action through our live stream via Connect Realtime©. A representative will call you a few minutes before the specified lot so please ensure you are ready and waiting.
Connect Realtime© is our live streaming of the auction you will access via our website. Giving you the ability to bid from anywhere in the world, in real time. You will create an account with us, login, then register to bid on your chosen lot(s). Once registered, we will send over the necessary documentation for you to complete before approving your bidding. Once approved, come auction day, just login to your account and watch the auction unfold and bid on your chosen lot(s).
These viewings are scheduled in by our team and give you a chance to view the lot and fully inspect your potential purchase. You can choose to bring someone along with you, a builder, or someone who may have extensive property knowledge if you are unsure yourself. A team member will conduct the viewings so there will always be someone there if you have any questions while your there. If the viewing days have finished but there is still a lot of interested, the team will schedule a further viewing.
In the room
After the fall of the gavel you will be asked to sign the contracts. This will be sent to both your solicitor as well as the sellers’ solicitors.
After providing your solicitors and personal details you will be asked to pay the deposit and buyer’s premium on the specific lot. At this point you are legally bound and the amount will be payable by debit card or bank transfer.
Completion will usually take place 28 working days later (or as varied by the Special Conditions of Sale) under the supervision of your solicitor. As soon as the gavel falls, there is a binding contract of sale. The property is at your insurable risk from this point.
Via Connect Realtime, Proxy or Telephone
You will have already signed to say that you are happy for us to sign the memorandum of sale on your behalf to allow the exchange of contracts after the fall of the ‘virtual gavel.’
After this has been done one of our team will be in touch once the auction has finished to take payment of the lot deposit and buyers’ premium. Once this has been completed contracts will be sent to your solicitor as well as the sellers with completion usually to take place 28 working days later (or as varied by the Special Conditions of Sale) under the supervision of your solicitor.
As soon as the hammer falls there is a binding contract of sale. The property is at your insurable risk from this point.
There are a few reasons for this and the most obvious include the following:
This means that you have done everything you can, in terms of research, before committing to a property or land purchase. This may include viewing the property, commissioning a survey, asking a solicitor to review the legal pack etc.
We take debit card or bank transfers.
If you don’t exchange on the date set you will be given what’s called ‘Notice to Complete’ – This will last for 10 days and will incur a daily charge, of which the amount can be found in your contract. Failure to complete at all with result in a forfeit of your deposit as well as your buyer’s premium plus any shortfall once the property or land is re-auctioned and sold.
Auction finance is a service provided by specialist lenders to auction buyers. We have an in-house specialist who can provide advice and finance on the following:
A survey isn’t compulsory, but if you are unsure about the structure or condition of the property then you might wish to instruct a surveyor, an engineer, or a builder for some advice.
But remember, as soon as the gavel falls there is a binding contract of sale. The property is at your insurable risk from this point.
The bidding registration fee is required in order to be approved for bidding. The fee is £2,400 per lot and is deducted from your deposit upon exchange, if you are the highest bidder. If you are not the highest bidder, the bidding registration fee is refunded to you.