Tel: 028 9187
8956
www.timmartin.co.uk
AUCTIONEERS • ESTATE AGENTS • VALUERS
For Sale By Public Auction Former Dwelling, Outbuildings & 44.3 acres of Quality Agricultural Lands at 'Beechmount' 40 Knockbracken Road South, Belfast, BT8 8AA on
Friday 19th September 2014 At
12 noon
in our Auction Room at 27 Castle Street, Comber, BT23 5DY
27 Castle Street, Comber, Co Down BT23 5DY Tel: 028 9187 8956 Fax: 028 9187 4454 Email:
[email protected] www.timmartin.co.uk
IMPORTANT INFORMATION SET OUT BELOW ARE A NUMBER OF IMPORTANT POINTS TO ASSIST AND GUIDE PROSPECTIVE PURCHASERS. PLEASE TAKE NOTE OF THE ADVICE AND INFORMATION GIVEN. COMMON AUCTION CONDITIONS OF SALE AND SPECIAL CONDITIONS OF SALE The sale of each property is subjected to our Conditions of Sale, which are available from each vendor’s solicitor. You should read the aforementioned Conditions of Sale carefully before bidding at auction. ADDENDUM In the event of there being alterations to the Particulars of Sale or the General or Special Conditions of Sale, a printed notice will be available prior to the auction. This addendum will be attached to the Sale Contract and forms part of the Contract. It is vital that you obtain a copy of the addendum before bidding. THE PARTICULARS All particulars contained in this catalogue have been compiled using information supplied by the vendor’s solicitor. For each property every effort has been made by us to check and verify the information supplied. If subsequent amendment is necessary this will be included in an addendum, which will be available on the day at the auction. We would recommend, however, that you keep in touch with us prior to auction in order that we can make you aware of any amendments prior to the auctions. All plans/maps and photographs in the catalogue are for identification purposes only. The plans/maps are not guaranteed to be a scale. You should consult the available legal documentation for each lot and view the property to be totally satisfied as to the location, description, state of repair and extent of the property which is being sold. You are strongly recommended to take independent legal, and where appropriate, other professional advice. INSPECTIONS Please make appointments to view the properties through Tim Martin and Company Tel: 028 9187 8956. LEGAL DOCUMENTATION The Title Deeds, Leases, Licences, Deeds of Variation and other legal documentation are held by each vendor’s solicitor. These are available for bona fide bidders. It is advisable to check all copy documentation against the original documentation held by the vendor’s solicitor and to make all your enquiries well before the date of the auction. A prudent buyer will before bidding for a lot at an auction: Take professional advice from a conveyancer and, in appropriate cases, a chartered surveyor and an accountant Read the conditions Inspect the lot Carry out all usual searches and make adequate enquiries Check the content of all available leases and other documents relating to the lot Check that what is said about the lot in the catalogue is accurate Have finance available for the deposit and purchase price Check VAT status of subject lot The conditions assume that the buyer has acted like a prudent buyer If you choose to buy a lot without taking these normal precautions you do so at your own risk. NOTE
The right is reserved to sell/withdraw properties prior to auction.
CONDITIONS OF SALE The Documents of Title are available for inspection; arrangements may be made by contacting each vendor’s solicitor. The purchaser shall be deemed to purchase with full knowledge of the conditions of title.
A binding contract is entered into on the fall of the Auctioneer’s hammer to the successful bidder.
The successful bidder will be required to sign the Contract and pay to the vendor’s solicitor a 10% deposit before leaving the auction hall.
The Auctioneer has authority to sign on behalf of both the successful bidder and the vendor if necessary.
Completion shall take place on the 31 October 2014, on which date the balance purchase monies must be paid.
Bids may not be made subject to finance and each bidder must be in a position to pay the deposit at the auction and to pay the balance purchase monies on the completion.
Details of Title given in this brochure are by way of brief description only and are not in substitution for reference to the details of title given in the Special Conditions of Sale. Copies of the Common Auction Conditions (Edition 2) are available either from the Auctioneers of from www.rics.org/propertyauctions and are reproduced with the consent of RICS.
The vendor hereby reserves the right, but is not obliged to accept any offer which might be made prior to the auction.
The vendor hereby reserves the right to withdraw properties from auction.
THE VENDOR HEREBY RESERVES THE FOLLOWING RIGHTS A. To divide any property into lots and sub divide, rearrange or consolidate any lots. B. Without disclosing a reserve price, to withdraw from sale any property or lot at any time before it has been sold, whether or not the sale has commenced.
The information provided is set out as a general outline only for the guidance of intending bidders and does not constitute, nor constitute part of, an offer or contract.
All descriptions, area, dimensions, reference to condition and necessary permission for use and occupation and other details are given in good faith and are believed to be correct, but their accuracy is not guaranteed and any intending bidder should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them and if in doubt if any question is still outstanding or you are not fully satisfied with the information you have then our advice is not to bid.
Misrepresentation Act 1967. The premises are offered subject to contract, availability and confirmation of details. The particulars do not form part of any contract and whilst believed to be correct, no responsibility can be accepted for any errors. None of the statements contained in the particulars are to be relied upon as statements of fact and intending purchasers or lessees must satisfy themselves by inspection or otherwise as to the correctness of those statements. The vendors do not make or give Tim Martin and Company or any person in its employment, any authority to make or give any representation or warranty whatsoever in relation to this property. Unless otherwise stated, all prices and rentals quoted are exclusive of any Value Added Tax to which they may be subject. These particulars are issued on the understanding that all negotiations are conducted through this company. Tim Martin and Company, 27 Castle Street, Comber, BT23 5DY. Any maps/plans based on the Ordnance Survey Map with the sanction of the controller of H M Stationery Office Crown Copyright Reserved Licence No. CS 369. This plan is for convenience only. Its accuracy is not guaranteed and shall not be deemed to form part of any contract. Reproduced with the consent of Goad Cartographers Ltd, Old Hatfield.
AUCTION GUIDE SELLERS STEP BY STEP AUCTION GUIDE 1. Contact a member on the Tim Martin and Company auction team for an appraisal of your property. 2. If possible, please provide a photograph(s), tenure, tenancy details, location and site plan. Please provide any further additional information such as planning permission approval paperwork. 3. Subject to receipt of the above information and a site inspection, Tim Martin and Company will advise you whether they think your property is suitable for sale by auction. If not, then an alternative method of sale will be suggested. 4. A guide sale price will be discussed and agreed with the vendor. 5. Once the parties agree that a property will be entered into the auction, terms of engagement will be completed between Tim Martin and Company and the vendor. This agreement will outline Tim Martin and Company’s commission fee and also all associated marketing costs. 6. Tim Martin and Company will prepare draft sale particulars and catalogue entry paperwork for approval. Simultaneously, the vendor will instruct their solicitor to prepare a legal pack. The legal pack will outline the conditions of sale, title documents, lease (if appropriate), searches and planning documentation. 7. Tim Martin and Company will coordinate viewings of your property prior to the auction. 8. Prior to the auction day a reserve price will be agreed between the parties. 9. Should the property be sold at auction (i.e. it reaches the agreed reserve price) then the successful purchaser will sign the completed sale memorandum and pay a 10% deposit. 10. Completion of sale will occur on 31 October 2014 BUYERS STEP BY STEP AUCTION GUIDE 1. View the properties by requesting an auction catalogue or via Tim Martin and Company’s website www.timmartin.co.uk which will provide marketing details for each lot. 2. Identify a lot or lots that may be of interest to you. 3. View the property or properties that may be of interest by contacting Tim Martin and Company. 4. Contact Tim Martin and Company’s auction team to register your interest(s). Some properties maybe sold or withdrawn prior to the auction day. Please note offers for any of the properties can be submitted to Tim Martin and Company up to the day of the auction day. If an offer is agreed prior to the auction, you will need to be in a position to exchange contracts and pay a 10% deposit before the day of the auction. 5. Request a legal pack from the vendor’s solicitor. The legal pack will contain the conditions of sale, title deeds, leases, searches, replies to pre contact enquires. 6. Arrange for a survey of the subject property of you desire. 7. Arrange your finance as you are required to pay a deposit on the day and completion of legal formalities on 31 October 2014. If you require a mortgage it is important that you obtain a mortgage offer from your lender before the auction day. The lender is likely to require a surveyor to prepare a valuation report before making an offer so advance communication with your chosen lender is advisable. 8. On the day of auction, request an order of sale and an addendum (if appropriate). These will contain any final changes to the details of the lot information. Register your interest at the appropriate Tim Martin and Company desk and receive your bidding number. 9. If you are a successful bidder for a particular lot, a member of the Tim Martin and Company auction team will direct you to the Contract table. At this point you will be required to sign and exchange unconditional contracts and pay a deposit of 10% of the purchase price. Completion of the sale will be on 31 October 2014. 10. If you are a successful bidder you will be required to provide 2 forms of identification to include photo identify i.e. driving licence or passport and proof of address i.e. utility bill or bank statement. 11. Please note that a binding unconditional contract is entered into upon the fall of the auctioneers hammer to the successful bidder and it may be the case that the successful bidder is liable for the property’s insurance from exchange and not completion. Please seek appropriate advice from your solicitor in this regard.
THE AUCTION DAY VENUE The auction will commence at 12 noon on Friday 19th September 2014, in The Auction Room, Tim Martin and Company, 27 Castle Street Comber.
AUCTIONEER’S ANNOUNCEMENTS You should arrive at the auction promptly, in order to hear the preliminary addendum remarks and announcements made by the auctioneer, as these may affect the property you wish to purchase.
AMENDMENTS ON THE AUCTION DAY The vendor or the vendor’s representatives may make amendments up until the time of the auction and therefore we would strongly recommend that you contact us before the sale to check if there is an addendum, and whether the property has been withdrawn or sold prior.
PROCEDURE AT THE AUCTION If you are intending to bid, please make your bids clearly and in plenty of time. If you are the highest bidder, on the fall of the auctioneer’s gavel, you will be under a binding contract to purchase the property. You will be presented with a Purchaser’s Card by one of the auctioneer’s clerks, which you should complete with your name and address and the name and address of your solicitors. This information will be used by us to complete the memorandum of sale, which is contained at the back of the catalogue. As soon as possible after completing the Purchaser’s Card and prior to leaving the auction room, you should make your way to the Contract Table in the auction room and sign and exchange contracts and at the same time provide a cheque for 10% of the purchase price.
PURCHASER’S INFORMATION Purchaser’s should be prepared to provide a form of identify at the time the Memorandum of Sale is signed. Please contact the auctioneers before the auction day. Further information on the Money Laundering Regulations 2003 is available at: www.rics.org.uk/propertyauctions
DEPOSIT MONIES Unless otherwise specified, cheques should be made payable to the vendor’s solicitor, drawn on a UK clearing back and be for 10% of the purchase price. We do not accept cash unless prior arrangements have been made. All cheques are specifically cleared as soon as possible and therefore you should ensure that you have adequate funds in your account.
VALUE ADDED TAX VAT may be chargeable on the purchase price. It is advisable to check with the vendor’s solicitor prior to the auction.
INSURANCE Once the gavel falls, the buyer is usually responsible for the insurance of the property. Please make the necessary arrangements prior to sale.
QUESTIONS The auctioneers will not be in a position to answer questions for the duration of the auction.
AND IF IN DOUBT If any question is still outstanding, or you are not fully satisfied with the information you have, then our advice to you is not to bid.
Lot 1
Lot 2
We have been instructed to offer the above mentioned former dwelling, outbuildings and agricultural lands extending to 44.3 acres including road frontage and as contained in folios 6020 and 6367 Co Down in two lots and then as a whole, by auction. LOT 1 Comprises of lands contained in folio 6367 Co Down extending to 25.9 acres as outlined in the attached map, former dwelling and range of agricultural lands. The dwelling, situated on an elevated position enjoying extensive views in all directions over the surrounding countryside, provides a possibility (subject to planning) for a replacement dwelling. (A planning consultants opinion is available for inspection if desired, but should not be relied on as an opinion or guarantee that planning permission can, or will be obtained for a replacement dwelling(s). The lands, situated on 3 sides of the farmyard, are divided into four fields, all of which are laid down to permanent pasture and all appear to be in excellent heart. Mains water is laid on to drinking troughs. All fields enjoy good road frontage to the county road.
LOT 2 Comprise of lands as contained in folio 6020 Co Down extending to 18.4 acres or thereabouts. The lands are divided into three fields, all of which appear to be in excellent heart and are all laid down to grass. Mains water is laid on to drinking trough(s). The lands enjoy good road frontage to county roads.
LOT 3 The lands and buildings as contained in lots 1 and 2 will be offered as a whole.
VIEWING
Strictly by accompanied viewing and by appointment with the agent.
COMPLETION DATE
TERMS
31 October 2014
Signed contract on the day of sale and payment of deposit of 10% of purchase price.
CARRIAGE OF SALE & INSPECTION OF TITLE AND TERMS OF SALE Contact:-
Steven J Wright Greer Hamilton Gailey Solicitors 27 High Street Ballymoney BT53 6AJ Telephone: 028 27 662104
Tim Martin & Company for themselves and for the vendors of this property have endeavoured to prepare these sales details as accurate and reliable as possible for the guidance of intending purchasers or lessees. These particulars are given for general guidance only and do not constitute any part of an offer or contract. The seller and us as agents, do not make any representation or give any warranty in relation to the property. We would recommend that all information contained in this brochure about the property be verified by yourself or professional advisors. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty will be given as to their condition All measurements contained within this brochure are approximate. Please contact us prior to viewing the property. If there is any point of particular importance to you we would be pleased to provide additional information or make further enquiries. We will also confirm that the property remains available. This is particularly important if you are contemplating travelling some distance to view the property.
