15 MAY PM PROPERTY PROFESSIONALS AUCTION CATALOGUE AUCTIONS seelandco.com

Transcription

1 15 MAY PM PROPERTY PROFESSIONALS AUCTION CATALOGUE AUCTIONS seelandco.com

2 seelandco.com WELCOME Thank you for your interest in our latest property auction, the third of We have a range of residential, commercial, mixed use and land development opportunities for you within this catalogue along with some already income generating investments. Our March auction sold 78% of the lots offered for sale. I look forward to seeing you on the 15th May, when the auction will begin at 5:00 pm. Good luck and happy bidding. Marc Morrish Head of Property Auctions & Auctioneer Seel & Co auctions@seelandco.com seelandco 2

3 15 MAY PM PARK INN, CARDIFF CF23 9XF LOT NUMBERS AND ORDER OF SALE Price Clarence Street, Miskin, Mountain Ash, Mid Glamorgan 18, Upper Adare Street, Pontycymer, Bridgend, Mid Glamorgan Refer Broadway, Roath, Cardiff 100, Plot 17 Greenfield Terrace, Penydarren, Merthyr Tydfil, Mid Glamorgan Nil Reserve Park Street, Penrhiwceiber, Mountain Ash, Mid Glamorgan 32, Belmont House, 8 High Street, Llandovery, Carmarthenshire 140, Plot 13 North of Investiture Place, off Llantrisant Road, Tonyrefail, Rhondda, Mid Glamorgan 23, Jones Street, Clydach Vale, Tonypandy, Rhondda, Mid Glamorgan 23, Albany Road, Roath, Cardiff 270, Land adjacent to Newfields Buttrills Road, Barry, Vale of Glamorgan 59, Former Coach House at rear of Duke of Clarence Hotel, Pembroke Road, Canton, Cardiff 90, Plot 14 Greenfield Terrace, Penydarren, Merthyr Tydfil, Mid Glamorgan Nil Reseve Dunraven Street, Tonypandy, Rhondda, Mid Glamorgan 55, a Clare Gardens, Riverside, Cardiff 75, Plot 10 North of Investiture Place, off Llantrisant Road, Tonyrefail, Rhondda, Mid Glamorgan 8, Beryl Road, Barry, Vale of Glamorgan 135, Land off Station Road, Treorchy, Rhondda, Mid Glamorgan Refer Pantmawr Road, Whitchurch, Cardiff 185, Land lying to the South of Hendrecafn Road, Tonypandy, Rhondda, Mid Glamorgan 35, North View Terrace, Aberdare, Mid Glamorgan 40, Woodside Terrace, Crumlin, Newport, Gwent 40, Roman Road, Banwen, Neath, West Glamorgan Refer 23. Plot 12 North of Investiture Place, off Llantrisant Road, Tonyrefail, Rhondda, Mid Glamorgan 9, Frondeg, 10 Morgan Street, Pontypridd, Mid Glamorgan 59, Pembroke Mini Market, 82 Pembroke Road, Cardiff Sold Prior 26. Plot 13 Greenfield Terrace, Penydarren, Merthyr Tydfil, Mid Glamorgan Nil Reserve 27. Bethany Baptist Chapel, Bryn Road, Waunarlwydd, Swansea, West Glamorgan 8,000+ 3

4 seelandco.com IMPORTANT NOTICE TO BE READ BY ALL BIDDERS 1. Attention is drawn to the General Conditions of sale printed in this catalogue relating to all properties. All prospective purchasers are invited to obtain copies of any Special Conditions specified in the catalogue in relation to each lot. 2. All prospective purchasers shall be deemed to have inspected the property and made usual pre contract enquiries and searches. Prospective bidders should check the addendum sheet available in the Auction room for alterations or amendments. 3. The successful bidder is under a binding contract as soon as the Auctioneers gavel falls on his or her bid. 4. On a property being knocked down, the successful bidder must immediately provide to the Auctioneers clerk his/her full name and address together with name and address of Solicitor acting on his/ her behalf to enable the Memorandum of Contract to be completed in the form as printed in this catalogue. This must be signed by the successful bidder and exchanged with the Auctioneers staff/ Vendors Solicitor, prior to leaving the room, accompanied by a deposit of 10% of purchase price or 2,000 whichever is the greater, plus Buyer Premium of 500 plus VAT. 5. The details relating to each are set out as a general guideline only for the guidance of intending purchasers or lessees and do not constitute part of an offer or contract. All descriptions are given in good faith and believed correct, but any intending purchaser or tenant must satisfy themselves by inspection or otherwise as to the correctness of each item. 6. The Auctioneers have not tested any apparatus, equipment fittings or services and so cannot verify that they are in working order. The buyer is advised to obtain his own verification. 7. Photographs and any plans published are for convenience of prospective purchasers only and do not form part of any contract. Any sizes quoted are all approximate and for guidance only and do not form part of any contract. All properties are offered with vacant possession unless otherwise stated. 8. No person in the employment of the Auctioneers has any authority to make or give any representation or warranty whatever in relation to any property listed in this catalogue. 9. In the event of there being any addendum to the particulars of sale or the General and Special Conditions of sale, a copy of the addendum will be attached to the Memorandum of Contract and shall be signed by the purchaser and such addendum shall be deemed to form part of the sales particulars and conditions of sale and if in conflict, shall prevail. 10. Inspection of investment properties is by courtesy of the tenants. Inspection of properties with vacant possession is by arrangement with the Auctioneers or Joint Auctioneers as indicated in the Catalogue. 11. Prospective purchasers intending to bid at the Auction for a specific lot are advised to consult with the Auctioneers before the sale to enquire whether the particular lot will be offered at the Auction. The Vendor has the right to sell prior to Auction or withdraw the and neither the Auctioneer nor Vendor is responsible for any abortive costs, losses or damages of a prospective Purchaser. 12. Prices quoted in the catalogue and online are provided as indication of each seller s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. The sale price will be dependent on bidding in the auction room and on the vendor s instructions. 13. Each Property will be offered subject to a reserve price which will be set at no more than 10% above a single figure guide price or within a guide price range. This is a confidential figure set between the Vendor and the Auctioneer just prior to the auction. It is a figure below which the Auctioneer cannot sell the property during the auction. After the auction offers will be sought and considered on unsold lots at prices below the reserves prices. OFFERS Pre-auction offers will only be submitted to our client: if the bid exceeds the top Price; the bidder is in receipt of the Legal Pack and Notice to Bidders; on the understanding bids are on the basis of immediate exchange of Auction Contracts upon acceptance by the vendor; and on the assumption the offer is your best and final offer. We cannot guarantee you will be invited to increase your bid if an alternative, satisfactory offer is received prior to exchange of contracts. 4

5 15 MAY PM PARK INN, CARDIFF CF23 9XF MONEY LAUNDERING REGULATIONS PROOF OF IDENTITY Buyers should note that anyone wishing to bid on any property, will be required to register prior to the auction in the sale room and will need to produce two forms of identification, one from each of the following categories: A Photographic ID: Passport or driving licence B Proof of Address: Current bank statement, utility bill etc. If the bidder is acting as an agent on behalf of another party, they will be required to provide the above detailed documents for themselves and for the principal, as well as providing the usual letter authorising them to bid on their behalf. If the bidder is acting on behalf of a company, the detailed documents will still be required along with written authority from the company. DEPOSITS Deposits can be paid in cash (to a maximum of 8,000 in sterling) or by cheque / bankers draft to the full amount. WE CANNOT ACCEPT CREDIT OR DEBIT CARD PAYMENTS 5

6 SERVING LANDLORDS & DEVELOPERS SINCE 1898 IT MUST BE SEEL & CO LETTINGS SURVEYS ESTATES RIGHT TENANT, RIGHT PROPERTY, RIGHT AGENT Take the stress out of finding and managing tenants. FREE rental appraisals and transfers. ARLA Propertymark accredited. ACCURATE VALUATIONS, COMPREHENSIVE SURVEYS RICS backed valuations and surveys, underpinned by decades of experience to make sure you have the best information about your property. TRADITIONAL VALUES, MODERN APPROACH, GREAT SERVICE Whether it's converted flats or a purpose-built block, you can rely on our professionalism and commitment to service to deliver the best for freeholders and residents. Jo White HEAD OF LETTINGS lettings@seelandco.com Tim Dalimore CHARTERED SURVEYOR surveys@seelandco.com Richie Seel HEAD OF ESTATES flats@seelandco.com Seel & Co Limited, The Crown House, Wyndham Crescent, Cardiff, CF11 9UH

7 R167 G20 B69 #a71445 PROPERTY AUCTION 15 MAY PM Park Inn by Radisson Circle Way East Llanedeyrn Cardiff CF23 9XF Complimentary parking on site Visit: for details and directions CIRCLE WAY EAST PARK INN HOTEL LLANEDERYN INTERCHANGE A48 8 LLANEDERYN RD PONTYPRIDD A472 EASTERN AVENUE A469 A468 A470(T) CAERPHILLY SOUTHERN WAY A467 A4232 A A449 A a M4 NEWPORT A A a A48 29 A48 CARDIFF

8 seelandco.com 1 Extended three bedroom mid terraced house in need of refurbishment 57 Clarence Street, Miskin, Mountain Ash, Mid Glamorgan, CF45 3BD An extended three bedroom mid terraced house having part pointed stone and part rendered elevations beneath pitched slate roof coverings and benefiting from part upvc double glazed fenestration and gas central heating (not tested). The property is located in close proximity to the town centre of Mountain Ash with all its amenities and service providers. Accommodation: GF: Hallway, Living room/diner, kitchen, bathroom. FF: LGF: OS: Three bedrooms. We were unable to access the whole of the rear of the garden that is accessed down steps from the kitchen back door, but understand that there may be additional space beneath the kitchen/bathroom. Enclosed forecourt, enclosed overgrown rear garden. Presumed Freehold please refer to legal pack for verification of tenure. Auctioneers Office, Seel & Co Ltd (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Price: 18,000+ PLEASE NOTE We are unable to accept deposits by way of debit or credit card. 8

9 15 MAY PM PARK INN, CARDIFF CF23 9XF 2 Three bedroom mid terraced house in need of some upgrading 17 Upper Adare Street, Pontycymer, Bridgend, Mid Glamorgan, CF32 8LS A three bedroom mid terraced house having brick and spar rendered elevations beneath a pitched slate roof covering and benefiting from double glazed upvc fenestration and gas central heating (not tested) via a Vaillant combination boiler. The property is located approximately 6 miles from the M4 motorway and 8.5 miles from Bridgend. Local shops, school and amenities can also be found in Pontycymer. Accommodation: GF: Entrance hall, lounge, inner hall and bathroom. LGF: FF: OS: Kitchen/diner, store area. Landing, three bedrooms. Gated forecourt, lawned garden to rear with pedestrian gate providing access to rear lane. Presumed Freehold please refer to legal pack for verification of tenure. Auctioneers Office, Seel & Co Ltd (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. VIEW TO REAR Price: REFER LEGAL PACKS can be supplied by To request this service please your requirements to: leanna.lock@seelandco.com eleanor.byrne@seelandco.com or emily.murphy@seelandco.com 9

10 seelandco.com 3 Mixed use property in need of upgrading 73 Broadway, Roath, Cardiff, CF24 1QE A mid terraced mixed use premises comprising of a former butchers on the ground floor with a flat above, front elevation having colourwashed stone and glazed display windows beneath a pitched slate roof covering. The property is located within an established retail/trading position close to the city centre and major road links. Accommodation: GF: Retail area, preparation area, walk in cold store, kitchen, further prep area, inner hallway with staircase to first floor. FF: OS: Landing, lounge, bedroom, bathroom. Block built storage shed, yard with access to rear lane. Presumed Freehold please refer to the legal pack for verification of tenure. Auctioneers Office, Seel & Co (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Price: 100,000+ FOR ALL TYPES OF PROPERTY INSURANCE * OCCUPIED OR UNOCCUPIED * OWNER OCCUPIED OR LANDLORD * RESIDENTIAL OR COMMERCIAL CONTACT US FOR A FREE QUOTATION WHITE KNIGHT G R O U P Britannia House High Street Bream Lydney Gloucestershire GL15 6JS Tel Fax w w w. w h i t e k n i g h t g r o u p. c o. u k Monday to Friday 9. 00am pm DEAN MAGNA D M F A R M E R & C L A R K FC S W A M B O W O O L L E T T S W N E W E N T I N S U R A N C E S E R V I C E S Motor Fleets. Commercial. Liability. Property. Healthcare. Income Replacement. Life Assurance. Pensions. Mortgages. Savings. Investments PARTNERS: Bill Ballinger, Tim Beal, Paul Clack White Knight Group are Financial Advisers, Mortgage & General Insurance Intermediaries authorised and Regulated by the Financial Conduct Authority who also trade under the names of: Dean Magna Insurance & Financial Consultants, Farmer & Clark Insurance & Financial Consultants, Swambo Woollett Insurance & Financial Consultants and Newent Insurance Services N IS 10

11 15 MAY PM PARK INN, CARDIFF CF23 9XF 4 Parcel of land in residential area with development potential (subject to planning) Plot 17, Greenfield Terrace, Penydarren, Merthyr Tydfil, Mid Glamorgan, CF47 9HN A plot of land with direct road frontage onto Greenfield Terrace that could offer residential development potential or change of use (subject to obtaining all necessary consents). The site is elevated and in a popular residential location and near the local Gellifaelog primary school. The plot is located within close proximity to Merthyr Tydfil town centre with all its amenities and service providers and has good access links to the A465 Heads of the Valleys trunk road. Freehold please refer to the legal pack for verification of tenure and the sale plan. The land is open for inspection, but due to the topography of the site; it is recommended that interested parties exercise caution when entering upon the land. Neither the seller nor the auctioneers will be responsible for any accident howsoever caused. PLAN FOR IDENTIFICATION PURPOSE ONLY. NOT TO SCALE. Further Information: Auctioneers Office, Seel & Co Ltd (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Price: Nil Reserve PLEASE NOTE Addenda are subject to change up until the time of the auction. Please check the addendum and the respective legal pack of the property you are bidding on. 11

12 seelandco.com 5 Part improved three bedroom mid terraced house 55 Park Street, Penrhiwceiber, Mountain Ash, Mid Glamorgan, CF45 3YW A three bedroom bay fronted mid terrace house having pointed stone and spar rendered elevations beneath a pitched slate roof covering benefiting from upvc double glazed fenestration installed in 2015 and gas central heating (not tested)via a combination boiler. The property is located close to local shops and amenities, with good access to the A470 and local train station with a service to Pontypridd town centre and Cardiff city centre. Accommodation: GF: Hallway, lounge/dining room, kitchen. FF: OS: Landing, three bedrooms, bathroom. Elevated forecourt, terraced rear garden. Presumed Freehold please refer to the legal pack for verification of tenure. Auctioneers Office, Seel & Co (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Price: 32,000+ ROMILLY FINANCIAL 12

13 15 MAY PM PARK INN, CARDIFF CF23 9XF 6 Substantial refurbished end of terrace townhouse in popular market town Belmont House, 8 High Street, Llandovery, Carmarthenshire, SA20 0PU A substantial end of terraced six bedroom townhouse having colourwashed rendered elevations beneath a pitched slate roof covering completely refurbished in 2008 by the present owners benefiting from gas central heating (not tested) via a Worcester Bosch combination boiler. The property has been used to provide a short term holiday letting business for the previous 10 years. There are a number of original period features throughout the house and would suit a family occupancy, second home or continuation of a holiday letting set up. Located in the centre of the town close to a number of local shops, amenities, castle, hospital and the highly regarded College. Accommodation: GF: Hallway, lounge, sitting room, kitchen/ dining room, lobby, utility room, w/c. FF: SF: OS: Landing, four bedrooms, study area, bathroom, separate w/c. Landing, two bedrooms, shower room. Rear yard with side access pathway Advised freehold please refer to legal pack for further information. Auctioneers Office, Seel and Co Ltd (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Price: 140,

14 Parcel of land in rural location Plot 13, North of Investiture Place (Rhiwgarn Fawr), off Llantrisant Road, Tonyrefail, Porth, Rhondda, Mid Glamorgan, CF39 8LY An area of land benefitting from road frontage that extends to approximately 4.04 hectares (10 acres) in a rural location to the east of the village of Tonyrefail. The land can be accessed directly off Llantrisant Road, one of the spine roads that connect Tonyrefail to Trebanog. The land benefits from pleasant views across the surrounding countryside. The land may be suitable for agricultural/grazing purposes subject to obtaining all necessary consents. The land is currently outside the settlement boundary within Rhondda Cynon Taf Council s Local Development Plan ( ) but interested parties are advised to make their own enquiries with the council s planning department. Freehold subject to any rights, claims, easements, tenancies or wayleaves that may or may not exist please refer to legal pack for verification. The land is open for inspection; but it is recommended that interested parties exercise caution if entering upon the land. Neither the seller nor the auctioneers will be responsible for any accident howsoever caused. Please Note: We have been advised that the site has a Site of Special Scientific Interest (SSSI) status. Prospective purchasers are advised to make their own enquiries with National Resources Wales (NRW) on Further Information: Auctioneers Office, Seel & Co Ltd (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Price: 14 23,000+ AERIAL PLAN FOR IDENTIFICATION PURPOSES ONLY seelandco.com

15 Property portfolio or a semi-detached in Glasgow? No matter who you are, our common sense approach makes Buy-to-Let simple. It doesn t matter to us if you have one or one hundred properties, our process keeps everything nice and simple. In fact, with our new lowest ever rate, our award-winning Buy-to-Let mortgages have never been easier. Call us on or visit togethermoney.com/propertyportfolio Any property used as security, including your home, may be repossessed if you do not keep up on repayments on a mortgage or any other debt secured on it. *Other fees and charges apply and are variable based on the loan amount Our lowest ever rate from 5.99%*

16 seelandco.com 8 An extended end terraced property 52 Jones Street, Clydach Vale, Tonypandy, Rhondda, Mid Glamorgan, CF40 2BY ON BEHALF OF RHONDDA CYNON TAF COUNTY BOROUGH COUNCIL An end terraced property with a triple storey extension to the rear having part spar and part cement rendered elevations with a clad pine end, all beneath pitched slate roof coverings. The property is located off the main road through Clydach Vale and is approximately one mile from the main town centre of Tonypandy with its mix of retail and service providers. Accommodation: We have not inspected the property internally but understand that it is comprised of: GF: FF: OS: Entrance hall, lounge, kitchen. Landing, four bedrooms, bathroom. Overgrown rear garden with side access and access to potential store area within the lower ground floor. Presumed Freehold please refer to the legal pack for verification of tenure. External viewings only. Further Information: Auctioneers Office, Seel & Co Ltd (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Price: 23,000+ PLEASE NOTE Buyers are responsible for insuring any property from exchange of contracts. 16

17 15 MAY PM PARK INN, CARDIFF CF23 9XF 9 Three storey property in popular location with full planning for conversion to four apartments 301 Albany Road, Roath, Cardiff, CF24 3NY A substantial three storey five double bedroom mid terraced property having pointed stone and rendered elevations beneath a pitched slate roof covering benefiting from upvc double glazed fenestration, gas central heating (not tested) via a combination boiler and a wealth of original period features. Full planning has been granted for conversion of the entire building to form 1 x one bedroom ground floor apartment, 1 x one bedroom first floor apartment, 1 x two bedroom garden duplex apartment, 1 x two bedroom apartment. The house is also suitable for owner occupation having been well maintained although modernisation is required. The property is located close to local shops, boutiques, restaurants and bars at Albany Road/ Wellfield Road. Also close at hand are Roath Park Recreational parks and the popular Waterloo Gardens. School catchment is also for the sought after Marlborough Road Primary School. Accommodation: GF: Hallway with original mosaic tiled floor, lounge, sitting room, dining room, kitchen, pantry, w/c. FF: SF: OS: Landing, three double bedrooms, bathroom, separate w/c, store. Landing, two double bedrooms, store room (with potential of further accommodation with a dormer roof section being added). Gated forecourt, lawned rear garden with pedestrian gate to rear lane and garage. Additional Information: Further plans are available from the auctioneer s office. Advised Freehold please refer to legal pack for verification of tenure. Auctioneers Office, Seel & Co Ltd (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. PLAN FOR IDENTIFICATION PURPOSE ONLY. NOT TO SCALE. Price: 270,

18 seelandco.com 10 Parcel of land with full planning permission Land adjacent to Newfields, Buttrills Road, Barry, Vale of Glamorgan CF62 8EF A triangular parcel of land extending to approximately 300 sq.m (0.07 acres)or thereabouts in an established residential area in Barry and approximately 1.5 miles from Barry Island. The land is located on a prominent corner position along Buttrills Road and once developed, the property could benefit from sea views. The land benefits from full planning permission for a three bedroom detached house, with master bedroom including en suite bathroom and walk in wardrobe. The internal configuration of the proposed house does allow the potential for conversion into a 4 bedroom dwelling. We have been advised by the vendor that ecavation of the footings is complete and concrete foundations are already poured. Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. PLAN FOR IDENTIFICATION PURPOSE ONLY. NOT TO SCALE. The planning consent (2016/01306/FUL) was granted by The Vale of Glamorgan Council on December 14th 2016 and interested parties are advised to make any further enquiries with the Council s planning department in this regard. Presumed Freehold please refer to the legal pack for verification of tenure. The land can be viewed from the pavement fronting the site on Buttrills Road. Further Information: Auctioneers Office, Seel & Co Ltd (029) Price: 59,

19 15 MAY PM PARK INN, CARDIFF CF23 9XF 11 Coach house with full planning for conversion to a two bedroom residential dwelling Former Coach House at the rear of The Duke of Clarence Hotel, Pembroke Road, Canton, Cardiff, CF5 1QP A two storey coach house having brick elevations beneath a pitched slate roof covering benefiting from full planning for conversion into a two bedroom dwelling under planning reference: 16/01335/ MNR with Cardiff County Council. The building may also suit other uses such as a studio/workshop/ office (subject to all necessary consents). The building is located close to local shops, schools, amenities and local parks in a very popular area of the city. Further plans and information are available from the auctioneer s office. Accommodation: GF: Open area to the ground floor with staircase to first floor. FF: OS: Open area. Garden area to the rear. Presumed Freehold please refer to legal pack for verification of tenure. Auctioneers Office, Seel & Co Ltd (029) Please Note: VAT is payable in addition to purchase price Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. PLAN FOR IDENTIFICATION PURPOSE ONLY. NOT TO SCALE. Price: 90,

20 seelandco.com 12 Parcel of land in residential area with development potential (subject to planning) Plot 14, Greenfield Terrace, Penydarren, Merthyr Tydfil, Mid Glamorgan, CF47 9HN A plot of land with direct road frontage onto Greenfield Terrace that could offer residential development potential or change of use (subject to obtaining all necessary consents). The site is elevated and in a popular residential location and near the local Gellifaelog primary school. The plot is located within close proximity to Merthyr Tydfil town centre with all its amenities and service providers and has good access links to the A465 Heads of the Valleys trunk road. Freehold please refer to the legal pack for verification of tenure and the sale plan. The land is open for inspection, but due to the topography of the site; it is recommended that interested parties exercise caution when entering upon the land. Neither the seller nor the auctioneers will be responsible for any accident howsoever caused. Further Information: Auctioneers Office, Seel & Co Ltd (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. PLAN FOR IDENTIFICATION PURPOSES ONLY Price: Nil Reserve PLEASE NOTE We are unable to accept deposits by way of debit or credit card. 20

21 15 MAY PM PARK INN, CARDIFF CF23 9XF 13 Substantial mixed use premises with coach house in need of refurbishment suitable for development/investment 90 Dunraven Street, Tonypandy, Rhondda, Mid Glamorgan, CF40 1AP A substantial mixed use building having a pitched slate roof covering and generous accommodation over three levels plus a coach house to the rear with potential of conversion into a separate dwelling (subject to all necessary consents). To the ground floor is an open plan retail area of approximately 105 sqm. with display frontage either side of a central entrance. The spacious residential element is arranged over the two floors above and benefits from gas central heating (not tested). The property is located in a good position within the town centre close to the car park and other national and local retailers. The town offers transport links to Pontypridd and Cardiff City Centre. Accommodation: GF: Retail area measuring approximately 105 sqm./1130 sq ft. with steps leading up to two w/c s and access to the coach house and upper residential parts. FF: SF: Spacious lounge, kitchen, bathroom, inner hallway, three bedrooms. Two further rooms, kitchen/dining room, bathroom. Coach House: Two storey building having spar and smooth cast rendered elevations beneath a pitched tile roof covering with double doors providing street access and door providing access from a covered pathway. GF: FF: OS: Two rooms. One large room with access to decked area. The building has potential for conversion (subject to all necessary consents) into a separate dwelling, which has already been carried out to a neighbouring property. Decked sitting areas. Presumed Freehold please refer to the legal pack for verification of tenure. Auctioneers Office, Seel & Co (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Joint Auctioneers Price: 55,

22 seelandco.com 14 Two bedroom ground floor apartment close to city centre in need of upgrading 7A Clare Gardens, Riverside, Cardiff, CF11 6EN A two double bedroom apartment occupying the entire ground floor of this traditional converted mid terraced property with cellar providing additional storage space. The property has a pointed stone front elevation and colourwashed rendered rear elevation and benefits from gas central heating (not tested) via combination boiler and upvc double glazed fenestration. The property is situated in a popular location overlooking the park, close to local shops, schools, amenities and is within walking distance of Cardiff City Centre. Accommodation: GF: Communal hallway providing access to the flat. Private hallway, lounge, kitchen, two double bedrooms, bathroom. LGF: Spacious cellar area providing ample storage space with potential of extending the accommodation (subject to all necessary consents). Please refer to the legal pack for verification of tenure. Auctioneers Office, Seel & Co (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Price: 75,

23 15 MAY PM PARK INN, CARDIFF CF23 9XF 15 Parcel of land in rural location Plot 10, North of Investiture Place (Rhiwgarn Fawr), off Llantrisant Road, Tonyrefail, Porth, Rhondda, Mid Glamorgan, CF39 8LY An area of land benefitting from road frontage that extends to approximately 1.9 hectares (4.7 acres) in a rural location to the east of the village of Tonyrefail. The land can be accessed directly off Llantrisant Road, one of the spine roads that connect Tonyrefail to Trebanog. The land benefits from pleasant views across the surrounding countryside. AERIAL PLAN FOR IDENTIFICATION PURPOSES ONLY The land may be suitable for agricultural/grazing purposes or pony paddock, subject to obtaining all necessary consents. The land has a disused air shaft located on part of the site that has been fenced off. The land is currently outside the settlement boundary within Rhondda Cynon Taf Council s Local Development Plan ( ) but interested parties are advised to make their own enquiries with the council s planning department. Freehold subject to any rights, claims, easements, tenancies or wayleaves that may or may not exist please refer to legal pack for verification. The land is open for inspection; but it is recommended that interested parties exercise caution if entering upon the land. Neither the seller nor the auctioneers will be responsible for any accident howsoever caused. Please Note: We have been advised that the site has a Site of Special Scientific Interest (SSSI) status. Prospective purchasers are advised to make their own enquiries with National Resources Wales (NRW) on Further Information: Auctioneers Office, Seel & Co Ltd (029) Price: 8,000+ Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. 23

24 seelandco.com 16 Substantial detached three storey commercial building suitable for investment with planning for conversion into residential use 2 Beryl Road, Barry, Vale of Glamorgan, CF62 8DN A substantial detached building (we are informed measures approximately 1,927 sq ft/179 sqm) having colourwashed rendered elevations beneath a pitched slate roof covering. The property benefits from gas central heating (not tested) via a combination boiler and timber double glazed fenestration with potential for off road parking as stated under the condition of the current planning that has been granted. The building was previously let on an income of 18,000 per annum. Full planning has also been granted for conversion into two residential units under planning reference 2016/00970/FUL from the Vale of Glamorgan Council. The detached building is located off the High Street of this popular seaside town. The town boasts many restaurants and bars, local and national retailers, local beaches, parks, waterfront development and excellent transport links to Cardiff City Centre. Accommodation: GF: Central entrance hallway, office 1, office 2, disabled w/c, additional w/c, staff area, kitchen area, lobby and store. FF: SF: OS: Landing, large office across the entire width of property (potential to partition into separate smaller areas), male w/c, female w/c and further office. Landing, two office rooms and store. Area to rear currently laid to concrete with potential for off road parking as stated under the condition of the current planning that has been granted. Presumed Freehold please refer to the legal pack for verification of tenure. Auctioneers Office, Seel & Co (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Joint Auctioneers Price: 135,

25 15 MAY PM PARK INN, CARDIFF CF23 9XF 17 Parcel of land with development potential Land off Station Road, Treorchy, Rhondda, Mid Glamorgan, CF42 6UA A triangular parcel of land extending to approximately 650 sq.m (0.16 acres) or thereabouts in a prominent position within Treorchy town centre. The site lies close to the Co-operative Food supermarket and opposite Treorchy Library and the well known Parc and Dare theatre. The land is relatively level and can be accessed directly from Station Road and is within walking distance of the town centre retail area that benefits from a mix of local traders, national retailers, financial services and food outlets and licensed premises. The site has previously benefitted from planning consent for a retail store and 4 x 1bedroom flats (06/1433/16) that was approved in August 2007, but it has subsequently expired. Interested parties are advised to make any enquiries with the Council s planning department in this regard. Presumed Freehold please refer to the legal pack for verification of tenure. The land is open for inspection. Further Information: Auctioneers Office, Seel & Co Ltd (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. PLAN FOR IDENTIFICATION PURPOSE ONLY. NOT TO SCALE. Joint Auctioneers Price: Refer 25

26 seelandco.com 18 THREE BEDROOM HOUSE IN SOUGHT AFTER LOCATION IN NEED OF MODERNISATION 47 PANTMAWR ROAD, WHITCHURCH, CARDIFF, CF14 7TB A bay fronted three bedroom end of terraced house having part brick and colourwashed rendered elevations beneath a pitched slate roof covering benefiting from upvc double glazed fenestration and gas central heating (not tested) via a Worcester Bosch combination boiler. The property is located in the sought after area of Whitchurch with its local shops, restaurants, good school catchment and excellent access to the A470/M4. Accommodation: GF: Hall, lounge, dining room, kitchen, lean to conservatory, w.c. FF: OS: Landing, three bedrooms, bathroom. Enclosed garden to the front with pedestrian gate. Rear garden is predominantly paved, substantial store/ workshop with electricity and pedestrian door from garden. Advised Freehold please refer to legal pack for verification of tenure. Auctioneers Office, Seel & Co Ltd (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Price: 185,000+ You may only buy a new home once or twice in your lifetime. We do it everyday. Free advice on day Pre auction reports available Clear fixed quotes Lexcel & CQS Accredited Local property specialists Swansea Caerphilly Cardiff Carmarthen Cowbridge Fishguard Haverfordwest Pontypridd St Davids law@jcpsolicitors.co.uk 26

27 15 MAY PM PARK INN, CARDIFF CF23 9XF Planning Supporting Development Success Residential & Commercial Planning Urban Design & Master-planning Development Appraisals Listed Building Consent Local Plan Representations Public Engagement Appeals Director: Wayne Reynolds MSc MA MRTPI E: T: M: Auction Specialists You should take legal advice before bidding on an auction property. We will be present to provide legal advice in the room on the day of the auction. Howells offer free initial legal advice. Pre auction reports available. Fixed fee conveyancing. Deadlines met. Call us today - FREEPHONE: commercial@howellslegal.com CARDIFF Hallinans House, 22 Newport Road, CF24 0TD CARDIFF Albany Road, Roath, CF24 3RR SWANSEA Langdon House, Langdon Road, SA1 4AQ CAERPHILLY /74 Cardiff Road, CF83 1JQ TALBOT GREEN First Floor, 83 Talbot Road, CF72 8AE NEWPORT Bridge Street, NP20 4BG 27

28 seelandco.com 19 Parcel of land with full planning permission Land lying to the South of Hendrecafn Road, Tonypandy, Rhondda, Mid Glamorgan, CF40 1LQ A parcel of land extending to approximately 800 sq.m (0.20 acres) or thereabouts in an established residential area in Penygraig. The land slopes gently from west to east and is accessed directly from Station Street within the village and has good access links to the A4119 by pass. The land benefits from full planning permission for a four bedroom detached house, with en suite and detached double garage. The planning consent (16/0447/10) was granted by Rhondda Cynon Taf County Borough Council on August 12th 2016 and interested parties are advised to make any enquiries with the Council s planning department in this regard. Freehold. The land is open for inspection. Further Information: Auctioneers Office, Seel & Co Ltd (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Price: 35,000+ PLANS FOR IDENTIFICATION PURPOSE ONLY. NOT TO SCALE. 28

29 15 MAY PM PARK INN, CARDIFF CF23 9XF Buying at Auction? Do it with your eyes open......with specialist help from James Morgan Solicitors Legal Advice on Property Matters Established 1877 Free initial discussion and quotation We can also help with: Landlord and tenant issues Freehold acquisitions or lease management problems Commercial contracts Small business advice Wills and deceased estates Consultations local to you can be arranged by prior appointment. 18a Merthyr Road Whitchurch, Cardiff CF14 1DG st Floor Eagle House Port Talbot, SA13 1DH

30 seelandco.com 20 Development opportunity End of terrace house with double storey extension in shell condition on large plot 1 North View Terrace, Aberdare, Mid Glamorgan, CF44 6BJ An end of terrace house with a substantial double storey extension to the side (both in shell condition) benefiting from full planning for a five bedroom dwelling located on a large corner plot offering further development potential subject to all necessary consent. The property is located in an attractive elevated position having good access to the town and the A4059. A local train and bus service provides transport links to Pontypridd and Cardiff. Presumed Freehold please refer to legal pack for verification of tenure. Auctioneers Office, Seel & Co Ltd (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. PLAN FOR IDENTIFICATION PURPOSE ONLY. NOT TO SCALE. Price: 40,

31 15 MAY PM PARK INN, CARDIFF CF23 9XF 21 Mid terraced property for owner occupation/investment 6 Woodside Terrace, Crumlin, Newport, Gwent NP11 5EW A three bedroom double fronted mid terraced house set over three floors having spar rendered elevations beneath a pitched tiled roof covering benfiting from double glased (upvc) fenestration and gas central heating (not tested) via a combination boiler. The property is located within the town having local shops, public house, school and is located approximately 13 miles from Newport City Centre. Accommodation: GF. Hallway, reception room, second reception room / third bedroom. LGF. FF. OS. Kitchen, cloakroom w/c (formerly shower room with plumbing in place), dining room. Landing, two bedrooms, bathroom. Forecourt with leading to storage area. Rear garden with elevated decked seating area and steps leading down to further garden area. Solid brick rendered store. Presumed Freehold please refer to legal pack for verification of tenure. Auctioneers Office, Seel & Co Ltd (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Price: 40,000 31

32 seelandco.com 22 Three bedroom mid terraced house for owner occupation/investment 5 Roman Road, Banwen, Neath, West Glamorgan, SA10 9LH A three bedroom mid terraced house having spar rendered elevations beneath a pitched slate roof covering benefiting from upvc double glazed fenestration and gas central heating (not tested) via a Worcester Bosch combination boiler. The house is ready for immediate occupation and is suitable for owner purchase or investment. The house is located approximately 14 miles from the M4 motorway, 13 miles from Neath and within 5 miles of the A465 Heads of the Valleys Road on the edge of the Brecon Beacons National Park. Accommodation: GF: Hallway, lounge/dining room, kitchen, lobby, bathroom. FF: OS: Landing, three bedrooms. Paved and lawned garden to rear with pedestrian gate leading to lane with potential for off road parking. Presumed Freehold please refer to legal pack for verification of tenure. Auctioneers Office, Seel & Co Ltd (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Price: Refer 32

33 15 MAY PM PARK INN, CARDIFF CF23 9XF 23 Parcel of land in rural location Plot 12, North of Investiture Place (Rhiwgarn Fawr), off Llantrisant Road, Tonyrefail, Porth, Rhondda, Mid Glamorgan, CF39 8LY An area of land benefitting from road frontage that extends to approximately 1.62 hectares (4 acres) in a rural location to the east of the village of Tonyrefail. The land can be accessed directly off Llantrisant Road, one of the spine roads that connect Tonyrefail to Trebanog. The land benefits from pleasant views across the surrounding countryside. AERIAL PLAN FOR IDENTIFICATION PURPOSES ONLY & PHOTO The land may be suitable for agricultural/grazing purposes or pony paddock, subject to obtaining all necessary consents. The land is currently outside the settlement boundary within Rhondda Cynon Taf Council s Local Development Plan ( ) but interested parties are advised to make their own enquiries with the council s planning department. Freehold subject to any rights, claims, easements, tenancies or wayleaves that may or may not exist please refer to legal pack for verification. The land is open for inspection; but it is recommended that interested parties exercise caution if entering upon the land. Neither the seller nor the auctioneers will be responsible for any accident howsoever caused. Please Note: We have been advised that the site has a Site of Special Scientific Interest (SSSI) status. Prospective purchasers are advised to make their own enquiries with National Resources Wales (NRW) on Further Information: Auctioneers Office, Seel & Co Ltd (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Price: 9,

34 seelandco.com 24 Semi detached house in town centre location Frondeg, 10 Morgan Street, Pontypridd, Mid Glamorgan, CF37 2DS ON BEHALF OF RHONDDA CYNON TAF COUNTY BOROUGH COUNCIL A traditional semi detached house having colourwashed roughcast and smooth cast part rendered and brick elevations with pointed stone front elevation beneath a pitched tiled roof covering benefiting from upvc double glazed fenestration and gas central heating (not tested) via Worcester Bosch combination boiler. The property is located within the town centre close to the local bus station, Taff Street with its many local and national shop occupiers and Ynysangharad Park. A mixture of commercial and residential uses can be found on Morgan Street. In our opinion the property would suit conversion into offices or let as a house of multiple occupation (HMO) with a number of regulations already in place within the property. Accommodation: GF: Hallway, reception 1, reception 2, kitchen. FF: Landing, three bedrooms, bathroom. OS: Gated forecourt with pathway at side leading to rear garden having an outside store. Advised Freehold Please refer to legal pack for verification. Auctioneers Office, Seel & Co (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Price: 59,000+ PLEASE NOTE Addenda are subject to change up until the time of the auction. Please check the addendum and the respective legal pack of the property you are bidding on. 34

35 15 MAY PM PARK INN, CARDIFF CF23 9XF 25 A prominent mixed use end terrace property with additional coach house to the rear redevelopment/investment business opportunity Pembroke Mini Market, 82 Pembroke Road, Cardiff, CF5 1QP SOLD PRIOR A substantial end terrace mixed use premises on the corner of Pembroke Road and Romilly Place comprising Pembroke mini market newsagent and general store to the ground floor, with additional storage/stock rooms to the rear. The maisonette and coach house can be accessed separately from Romilly Place. The property is situated in a predominantly residential area and located in close proximity to Thompson Park and Llanover Hall Arts Centre and within walking distance of both Pontcanna and Victoria Park with all the amenities that they provide. The property is also within walking distance of Cowbridge Road East in Canton with all its retail facilities and amenities including the well respected Chapter Arts Centre. The ground floor shop has a double fronted display window with the property having brick and rendered elevations and upvc double glazed fenestration installed beneath pitched slate roof coverings. The storage area adjacent to the coach house and kitchen attached to the maisonette comprise a flat roof covering. The shop benefits from air conditioning and the property has solar energy roof panels. The property offers a good redevelopment/ investment/business opportunity with the potential to continue the existing use or other uses suitable in a residential area. Alternatively the property could offer scope for conversion into separate units subject to obtaining all necessary consents. Interested parties are advised to make their own enquiries with Cardiff City Council planning department. We have been advised by the vendor that the flat was until recently let at a rent of 650 pcm ( 7,800 per annum). Accommodation: GF: Newsagent & General store, additional storage areas, access into the ground floor of the coach house, w/c. Entrance hall and kitchen of the maisonette, with stairs leading to the first floor. FF: SF: Split level landing, living room, two bedrooms, shower room. Attic room. Coach House: Two storey with roller shutter pedestrian access. Presumed Freehold please refer to legal pack for verification of tenure. Auctioneers Office, Seel & Co Ltd (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Price: Sold Prior 35

36 seelandco.com 26 Parcel of land in residential area with development potential (subject to planning) Plot 13, Greenfield Terrace, Penydarren, Merthyr Tydfil, Mid Glamorgan, CF47 9HN A plot of land that could offer residential development potential or change of use (subject to obtaining all necessary consents). The site is elevated and in a popular residential location and near the local Gellifaelog primary school. The plot is located within close proximity to Merthyr Tydfil town centre with all its amenities and service providers and has good access links to the A465 Heads of the Valleys trunk road. Please note: The plot will have a right of way granted from Greenfield Terrace. Freehold please refer to the legal pack for verification of tenure and the sale plan. The land is open for inspection, but due to the topography of the site; it is recommended that interested parties exercise caution when entering upon the land. Neither the seller nor the auctioneers will be responsible for any accident howsoever caused. Further Information: Auctioneers Office, Seel & Co Ltd (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Price: Nil Reserve PLAN FOR IDENTIFICATION PURPOSE ONLY. NOT TO SCALE. 36

37 15 MAY PM PARK INN, CARDIFF CF23 9XF 27 Former chapel with alternative use potential Bethany English Baptist Chapel, Bryn Road, Waunarlwydd, Swansea, West Glamorgan, SA5 4RA A former detached Baptist chapel situated just off the main road running through the village of Waunarlwydd, having pointed stone elevations beneath a part pitched tiled and part pitched slate covered roof. The chapel built in 1875 and rebuilt in 1908 with additional vestry room to the rear retains pews and pulpit with a graveyard within its grounds. We understand that the graveyard will retain rights of access across the footpath that runs from the front of the site and directly accessed from the pavement on Bryn Road. Further information can be found within the legal pack. The chapel may be suitable for a number of alternative uses, subject to obtaining all necessary consents and is located in a predominantly residential area and within easy access of Junction 47 of the M4 with good access links both west and east. Accommodation: GF: Foyer, church hall, vestry (with separate access into the grounds). OS: Gated pedestrian access leading to the front of the chapel and graveyard which contains some Japanese Knotweed and is sold subject to rights, claims, easements or restrictions which may apply. Freehold please refer to legal pack for verification of tenure. Auctioneers Office, Seel & Co Ltd (029) Buyers Premium (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion PLAN FOR IDENTIFICATION PURPOSE ONLY. NOT TO SCALE. Price: 8,

38 seelandco.com END OF AUCTION Please refer to auctioneers for details of any late entries. PLEASE NOTE We are unable to accept deposits by way of debit or credit card. LEGAL PACKS can be supplied by To request this service please your requirements to: or PLEASE NOTE Addenda are subject to change up until the time of the auction. Please check the addendum and the respective legal pack of the property you are bidding on. 38

39 15 MAY PM PARK INN, CARDIFF CF23 9XF TELEPHONE / PROXY BIDDING FORM Date of Auction: No: Bidder s name Address: Tel no. Mobile Tel no at time of auction: Home: SOLICITOR Firm name: Solicitor s name: Address: Telephone no: I hereby authorise the Auctioneers staff to bid on my behalf in accordance with the terms and conditions set out herein headed bidding by telephone or by letter, which I confirm I have read and understood. I request that the Auctioneers attempt to contact me on the telephone at the relevant time to enable me to bid myself. (Delete if telephone bid is not required). The bid that I hereby Authorise is: No: Auction Date: Address of : Maximum Bid: (amount in words) I attach a cheque for deposit of (10% of maximum bid or 2,000 whichever is the greater) (plus Buyer s Premium of VAT) Signature of Bidder: Date: If the person signing is not the bidder, then the signatory warrants that authority has been given by the bidder. Name: (please print) Address: (if different from the bidder) Telephone no: 39

40 seelandco.com BIDDING BY TELEPHONE / PROXY 1. The bidder must complete a separate authority form for each lot and provide a bankers draft, Solicitors, clients account cheque or cheque signed by a Building Society, for 10% of the maximum amount bid for each lot, subject to a minimum or 2,000 plus Buyers Premium of 600 plus VAT made payable to: SEEL & CO. LIMITED. 2. The form must be sent, or delivered to, the Auctioneers office, The Crown House, Wyndham Crescent, Canton, Cardiff to arrive before 5pm two working days prior to the date of that s months relevant Auction. It is the bidder s responsibility to check that the form is received by telephoning the Auctioneers office. 3. The bidder shall be deemed to have read the Important Notice to be read by all bidder s, particulars of the relevant lot in the catalogue and the General and Special Conditions of Sale. The prospective purchaser shall be deemed to have taken all necessary professional and legal advice and to have made enquires and have knowledge of any announcements to be made from the rostrum of any amendments relating to the relevant lot. Announcements can and should be checked by bidders on the day of the Auction. 4. In the case of telephone bids attempts will be made to contact the bidder by telephone and if successful, the bidder may then compete in the bidding. UP TO THE MAXIMUM OF THE AMOUNT AUTHORISED IN THE COMPLETED AUTHORITY FORM. 5. In the event that the proposed bidder cannot be contacted or communication breaks down, or there is any confusion or disruption, the Auctioneers will bid/ continue to bid on behalf of the bidder up to the maximum of the authorisation. 6. In the case of written bids the Auction staff will compete in the bidding up to the maximum of the authorisation. 7. The right is reserved not to bid on behalf of telephone/written bidders in the event of any error, doubt, omission or uncertainty of the bid for any reason whatsoever. No warranty or guarantee is given that a bid will be made on behalf of the bidder and no liability is accepted in this regard. 8. In the event that the telephone/ written bid is successful the Auctioneer will sign the Memorandum of Contract on behalf of the bidder as a Contract would have been formed on the fall of the hammer. 9. In the event of a Contract, the deposit monies will be applied so far as necessary to meet the requirement for a 10% deposit, (or minimum 2,000 as applicable). In the event that the bidder is unsuccessful in gaining the contract, the deposit monies shall be returned to the bidder promptly. 10. Once delivered to the Auctioneers, the authority to bid is binding on the bidder up to 9.00 pm on the day on which the particular lot is Auctioned. This is to allow for the possibility of a Vendor agreeing to sell post Auction where the bidding has not reached the reserve. 11. The authority can only be withdrawn by notification in writing delivered to the offices of Seel & Co Ltd., two hours before the start of the Auction on the day the relevant lot is scheduled to be Auctioned or by delivery into the hands of the Auctioneers in the Auction room half an hour before the start of the Auction that day. It is the bidders responsibility to obtain a receipt on a copy of the withdrawal notification signed by one of the Auctioneers staff and without such a receipt the authority stands and any successful Contract is binding on the bidder. 12. If the bidder, or the agent, actually bids at the Auction without having previously withdrawn the authority, the Auctioneer is at liberty to accept such bid in addition to any bid from Auction Department staff as empowered under the telephone/ written authority form. The Auctioneers would have no liability whatsoever if the price achieved is the result of this competition in bidding without intervention from other bidders. 40