PROPERTY AUCTION WEDNESDAY 14th MARCH 2018, 5:30pm Leicester City Football Club, The Gallery King Power Stadium, Filbert Way, Leicester LE2 7FL L.S.Sangra www.shonkibros.com
Order of Sale LOT 1 21 Beatrice Road, Off Fosse Road North, Leicester, LE3 9FH LOT 2 77 Main Street, Humberstone, Leicester, LE5 1AE LOT 3 27a Derby Road, Hathern, Loughborough, Leicestershire, LE12 5LD LOT 4 2 Brocks Hill Drive, Oadby, Leicester, LE2 5RD LOT 5 Police Station, Sergeants & Magistrates Court, Corner of Gilmorton Road & Leicester Road, Lutterworth, Leicestershire, LE17 4DY LOT 6 Former Police Station Corner of Leicester Road & Gilmorton Road, Lutterworth, Leicestershire, LE17 4DY 7 9 LOT LOT LOT 8 Sergeants House, Leicester Road, Lutterworth, Leicestershire, LE17 4DY Old Magistrates Court, Gilmorton Road, Lutterworth, Leicestershire, LE17 4DY Flat 2, 148 Mere Road, Leicester, LE5 5GN www.shonkibros.com
WEDNESDAY 14TH MARCH 2018, 5.30PM LOT10 93 Danvers Road, Off Narborough Road, Leicester, LE3 2AE LOT11 20 Smith Street, Warwick, CV34 4HS LOT12 194 Pool Road, Newfoundpool, Leicester, LE3 9GG LOT13 3 Albert Road, Stoneygate, Leicester, LE2 2AA LOT14 107 Narborough Road & 2 Barclay Street, Leicester, LE3 0PA LOT15 16 Forge Corner, Blaby, Leicester, LE8 4FZ LOT16 75 Walton Street, Off Narborough Road, Leicester, LE3 0DY www.shonkibros.com
Auction Information Buying at Auctions - Do s and Don ts DO... Do go through the catalogue carefully. Do go and view any properties in which you are interested. Do take legal advice. Do bring means of identification to the Auction. Do read the important notice to bidders. Do allow time to arrange a survey, if required. Do arrange to have a deposit before the day of the Auction and the balance of purchase monies with time set for completion in the contract. Don t... Don t panic, our Auctioneers understand the pressures. Don t be late; watching other lots being sold helps to follow the procedure. Don t lose track, some lots go quickly, you could miss out. Don t assume that all lots are available, check with us. Don t forget the insurance risk changes as the hammer falls. Important Notice to Bidders 1. The attention of prospective purchasers is drawn to the General and Special Conditions of Sale which are available at the Auction. 2. Prospective purchasers shall be deemed to have inspected the relevant properties and made all the usual and necessary searches and enquiries, with all the relevant authorities and other bodies. 3. As the Auctioneer s gavel falls on a bid, a successful bidder is under a binding contract to purchase the relevant property. The purchaser is immediately at risk in relation to the property and shall therefore, be deemed to have made prior arrangement for any insurance cover required. 4. When the property is knocked down, the successful bidder must immediately present to the Auctioneer s clerk his name and address and if appropriately, the name and address of the person or company on whose behalf he has been bidding. This information will be used to complete a Memorandum of the contract in the form of the one at the back of this catalogue which the successful bidder must sign and exchange with the Auctioneer s staff prior to leaving the Auction room and at the same time present the Auctioneer with a deposit of 10% of the purchase price (minimum deposit of 2000). Buyer s fee of 750.00 (inc. VAT). Upon exchange of contracts. In default of any of the above the Auctioneer shall be entitled, as agent for the vendor, to treat the failure or default as repudiation and rescind the contract. Thereafter the Auctioneer shall be entitled to re-submit the property for sale. If a successful bidder does not pay a deposit and/or complete the memorandum the vendor reserves the right to claim any loss he incurs as a result. Information as to presale or withdrawal of a Lot can be obtained by enquiry to the Auctioneers at any time prior to the auction but is valid only at the time of the enquiry. 6. Prospective purchasers are strongly advised to check these particulars as to measurements, areas and all other matters to which the properties are expressed to be subject to or have the benefit of and in respect of any contents, fixtures or fittings expressed to be included in the sale by making inspection of the property and all the necessary enquiries with SHONKI BROS LEICESTER LTD, the vendor, the vendor s professional advisors and all other appropriate authorities. All measurements and areas referred to in these particulars are approximate only. 7. All location plans published in the particulars of sale are to enable prospective purchasers to locate the property only. The plans are reproduced and therefore not to scale and are not intended to depict the interest to be sold but are for identification only. Purchasers are advised to view the special conditions in respect of the precise interest to be conveyed. 8. Any guide prices issued, or any estimates or values mentioned in negotiations or discussions, cannot be relied upon by prospective purchasers as representing professional valuations for any purpose in accordance with the requirements or guidance notes of relevant professional bodies, or other authorities. In all respects prospective purchasers are deemed to have relied upon their own professional advisors. 9. GUIDE PRICE: All Guide Prices are an indication of the seller s current minimum acceptable price at These Guide Prices are generally within 10% upwards or downwards of where the reserve may be set at the time of going to print, subject to the seller s final instructions. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer s responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the RESERVE PRICE: the seller s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the 10. Inspection of investment properties by courtesy of the tenants. Inspection of properties with vacant possession only by arrangement with the Auctioneer. Interested parties must phone or call SHONKI BROS LEICESTER LTD. To discuss viewing arrangements, prior to making the journey. 11. All residential lettings are now regulated tenancies under the Rent Act 1977, the Housing Act 1980 and the Housing Act 1988. 12. The Auctioneer and SHONKI BROS LEICESTER LTD, shall be under no financial liability in respect of any matters arising out of the auction or the particulars contained in the auction catalogue or in the special conditions or any add addendum no claims shall be made against the auctioneers or SHONKI BROS LEICESTER LTD, in respect of any loss, damage or claims suffered by or made against the buyer by reason of the buyer entering into the contract to purchase or acquire any other property. 5. The vendor has the right to sell before Auction, or withdraw the Lot, and neither the Auctioneer nor the vendor is responsible for any abortive costs, losses or damages of a prospective purchaser.
Recommendations NEVER be afraid to ask the staff at the Auction about anything of which you have doubts. Always ensure your bid is clearly seen by the Auctioneer by using your catalogue or hand. MISREPRESENTATION ACT 1967 SHONKI BROS LEICESTER LTD for themselves and for the vendors of the properties whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars as to the properties are made without responsibility on the part of SHONKI BROS LEICESTER LTD or the vendors. 3. None of the statements contained in these particulars as to the properties are to be relied on as statement of representation of fact. BUYER S FEE: The successful purchaser will be required to pay the Auctioneers a buyer s fee of 750.00 (inc.vat) upon exchange of contracts whether the property is bought prior to auction, on the auction day or post IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as their 10% deposit. Two forms of identification required. (for further information please see The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 at the front of the catalogue). Deposits & buyers fees can be paid by personal cheque, bankers draft, credit or debit card (Please note www.shonkibros.com 4. Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 5. The vendors do not make or give SHONKI BROS LEICESTER LTD nor any persons in their employment as any authority to make or give any representation of warranty whatsoever in relation to the properties. THE PROPERTIES MISREPRESENTATIONS ACT 1991 All the sales particulars have been written to conform to the property misrepresentations Act 1991. Whilst we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information for you. MISDESCRIPTION The auctioneers provide no guarantees for the working conditions of any appliances, electrical fitments, sanitary fitments, drains, pipe work or any other service relating to the property. None of these services have been tested by the Auctioneers and it is therefore important that the potential purchaser undertake their own investigations. Any plans and photographs are not to scale and are for identification purpose only. It is important that any prospective purchaser should consult the available legal documentation and seek legal advice and view the property to satisfy themselves as to the location, boundaries, conditions and state of the property before Auction. Whether you are a manufacturer, service provider or just an amatuer with a creative hobby, take a look at the many great ideas available online. For a free sample pack please contact sales@thoughtfactory.co.uk or call:0116 2765302 DESIGN PHOTOGRAPHY Advertising & Promotional Specialists For more details please contact or view online. E: info@kpecreative.com www.kpecreative.com T: 0116 276 5302 Promote yourself in FULL COLOUR! Advertising cards Greetings cards Bookmarks Business cards And More Full Colour Lithographic Printing on 250gsm 380mic board Order 500 matt finish 6 x 4 postcards or 1000 matt finish 85 x 55mm business cards for 50 +VAT factory Order Online: www.thoughtfactory.co.uk www.shonkibros.com
! Auction Registration Form 14th March 2018 Auction FOR AUCTIONEER USE ONLY Bidder Number In order to bid at auction you need to register. To save time you can fill this form out and bring it along with you. Alternatively, you can register on arrival. BUYERS DETAILS Name: (Mr/Mrs/Miss/Other SOLICITORS DETAILS Name of Solicitor: Company Address: Address: Postcode: Tel No: Email address: Postcode: Tel No: Email address: You will need to bring with you TWO FORMS OF IDENTIFICATION; A valid passport or a valid signed UK photo-card driving licence A utility bill or bank statement (must be dated within the last 3 months) For Auctioneers Use Only Proof of ID attached to comply with Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 Other (Please State) Means of paying 10% Deposit Would you like to be added to the auction database? Credit/Debit Card/ Personal Cheque/ Company Cheque/ Bankers Draft/ Building Society Cheque YES/NO Registration opens from 4:30pm on the day of auction www.shonkibros.com
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the Regulations ) The regulations came into force on the 26th June 2017, in order to comply with the regulations; all buyers must provide Shonki Bros. Auction Team with proof of identity and proof of address in order to comply with our bidder identification procedures. In addition please see below for further guidance: PROOF OF IDENTITY Current Passport Current Full UK driving licence/photocard driving licence Residential Permit issued by Home Office to EU Nationals Inland Revenue tax notification Firearms Certificate JOINT BUYERS Proof of I.D & Address required for each bidder & buyer PROOF OF ADDRESS Current full UK driving licence/photocard driving licence A utility bill issued within the last three months Local Authority tax bill (valid for current year) Bank, Building Society or Credit Union stating current address The most recent original mortgage statement from a recognised lender ACTING AS AGENT FOR BUYER Written authority from the bidder & buyer giving you their authority to bid on their behalf. Proof of I.D & Address required for bidder & buyer LIMITED COMPANY OR LIMITED LIABILITY PARTNERSHIP (LLP) Proof of I.D & Address required for bidder & buyer Proof of I.D & Address for shareholders holding more than 25% of share capital Full names of board of directors (unless company is listed on a regulated market) Certificate of incorporation Proof of registered office address A letter of authority from company UNINCORPORATED BUSINESS OR PARTNERSHIP Full names(s) of proprietor / all partners Proof of I.D & Address for shareholders holding more than 25% of share capital Written authority from the company that you have authority to purchase on behalf of the company at auction Certificate of incorporation TRUST Proof of I.D & Address for all individuals with a vested interest in 25% or more of the capital and/or those who exercise control over the Trust. List of trustees List of beneficiaries Trust Deed PLEASE NOTE THAT ONLY THE ABOVE DOCUMENTS WILL BE ACCEPTED AT THE AUCTION VENUE.
LOT1 21 BEATRICE ROAD OFF FOSSE ROAD NORTH, LEICESTER, LE3 9FH Freehold Residential Investment. Two bedroom mid terrace property having gas central heating & double glazing within a popular residential location. Leaving Leicester City Centre via Woodgate, turn left into Fosse Road North. Continue under the bridge and take the first right into Stephenson Drive then left into Beatrice Road where the property can be found on the left hand side. Ground Floor: Through lounge, fitted kitchen. First Floor: Landing, two bedrooms, bathroom. Second Floor: Study/play room. Outside: Enclosed courtyard to rear. Freehold subject to existing tenancy. The property is currently Let on an Assured Shorthold Tenancy from 2nd December 2017 for 6 months at a rent of 495.00 per calendar month exclusive ( 5,940.00 per annum). The auctioneers feel that there is scope for uplift in rental to 575.00 per calendar month exclusive ( 6,900.00 per annum). The completion date will be on or before eight weeks following exchange of contracts. EPC Rating D. Philip J Hammond Solicitors, 47 Friar Lane, Leicester, LE1 5QX. Tel: 0116 251 7171 (Ref: R.Sculthorpe) Email: rosemariesculthorpe@pjhammond.com Price Guide: 89,000+
LOT2 77 MAIN STREET HUMBERSTONE, LEICESTER, LE5 1AE Leasehold Investment. Two storey, two bedroom Maisonette having electric storage heating and double glazing. Currently Let on an Assured Shorthold Tenancy. The property can be approached via the main A47 Uppingham Road, bearing left onto Scraptoft Lane. Take the first left hand turning onto Stanley Drive and right into Main Street. The property can be found on the right hand side above the block of retail shops. There is a separate access to the flat via a metal staircase to the rear. First Floor: Entrance porch, lounge, kitchen. Second Floor: Landing, two bedrooms, bathroom. Outside: There is off road parking to the front and rear of the property. Leasehold subject to existing tenancy. The property has been Let on an Assured Shorthold Tenancy since 17th January 2017 for a term of 6 months at a rent of 475.00 per calendar month exclusive ( 5,700.00 per annum). The tenants are currently holding over. The maisonette is held on a 125 year lease from 24th June 1980 with a ground rent of 50.00 per annum and building insurance of 264.00 per annum (Please refer to legal documentation). The completion date will be on or before eight weeks following exchange of contracts. EPC Rating E. Philip J Hammond Solicitors, 47 Friar Lane, Leicester, LE1 5QX. Tel: 0116 251 7171 (Ref: R.Sculthorpe) Email: rosemariesculthorpe@pjhammond.com Price Guide: 67,000+
LOT3 27A DERBY ROAD HATHERN, LOUGHBOROUGH, LEICESTERSHIRE, LE12 5LD Freehold. Former car sales pitch with associated stores, ideal for variety of uses subject to obtaining the necessary planning consent. The site is located on the main A6 Derby Road, Hathern providing easy access to the M42 & M1 motorway networks. Former car sales pitch providing hardstanding forecourt area to front and side along with stores. The site is seen to be ideal for a variety of uses subject to obtaining the necessary planning consent. Freehold with vacant possession. Interested parties should make their own enquiries in relation to any future use by contacting Charnwood Borough Council (TEL: 01509 263151). The completion date will be on or before six weeks following exchange of contracts. Not applicable. Oliver Charles Solicitors, 534 Uppingham Road, Leicester, LE5 2GG. TEL: 0116 243 1166 (REF: O.C) Email: oliver.charles@btinternet.com BM Estates, 312 Saviours Road, Leicester, LE5 4HJ. TEL: 0116 273 1414 FOR IDENTIFICATION PURPOSES ONLY Price Guide: 39,000+
LOT4 2 BROCKS HILL DRIVE OADBY, LEICESTER, LE2 5RD Freehold. A three bedroom detached property which is situated in a popular residential location, within Gartree and Beauchamp School catchments. The property has gas central heating & double glazing. The property can be best approached by leaving the City Centre via the main A6 London Road, turning right into The Parade over the mini roundabout. Take the second right into Rosemead Drive and third right into Brocks Hill Drive. Ground Floor: Entrance hall, L shaped lounge/diner, fitted kitchen, cloak area/wc. First Floor: Landing, three bedrooms, bathroom. Outside: To the side of the property there is a driveway leading to the garage and rear garden. Freehold with vacant possession or subject to existing tenancy. The property has been Let for a term of 12 months from 17th June 2016 at a rent of 740.00 per calendar month exclusive ( 8,880.00 per annum). The tenants are currently holding over. The completion date will be on or before 1st July 2018 following exchange of contracts. EPC Rating E. Equitas Law, 17 Wellington Street, Leicester, LE1 6HU. Tel: 0116 2755054. (Ref: Z.Patel) Email: zaida@equitaslaw.com Price Guide: 239,000+
LOT5 POLICE STATION, SERGEANTS & MAGISTRATES COURT, CORNER OF GILMORTON ROAD & LEICESTER ROAD, LUTTERWORTH, LEICESTERSHIRE, LE17 4DY Freehold. Former Police Station Site including sergeants house & magistrates court having prominent corner position. Maybe potential for residential conversion or other commercial uses subject to obtaining the necessary planning consent. The property is located approximately 10 miles from Leicester and can be found on the corner of Leicester Road & Gilmorton Road in a prominent position. Lutterworth has a population of approximately 10,000 residents and provides excellent transport communications to both the M1 and M6 motorway Networks. Police Station: The Police Station is a two storey building with accommodation comprising of a ground floor reception area, range of interconnecting offices, Police cells along with kitchen and toilet facilities. There is an internal staircase which leads to the first floor having three seperate offices. Externally there is a gate accessed via Gilmorton Road giving access to the private yard offering off road parking. The property is considered suitable for conversion into a wide variety of alternative uses or redevelopment subject to obtaining the necessary planning consent. Gross Internal Area = 1,788 sq ft (166.11 sq m) Sergeants House: The property comprises of a two storey building of brick construction under a pitched swithland roof, previously used as a Sergeants House and more recently used as offices adjoining the main Police Station. Internally the ground floor comprises of an entrance hall and three further rooms. On the first floor there is a landing area, four rooms and shower room. Externally there are brick stores and a garden area. Gross Internal Area = 1,205 sq ft (111.94 sq m) approx. Price Guide: 550,000-575,000
LOT5 POLICE STATION, SERGEANTS & MAGISTRATES COURT, CORNER OF GILMORTON ROAD & LEICESTER ROAD, LUTTERWORTH, LEICESTERSHIRE, LE17 4DY Magistrates Court: The property was built in the late 1880's of traditional brickwork to one and a half storey's in height beneath a slate roof having unique features. There are two entrances to the front of the building, WC's at the rear, main office & magistrates court which still retains the court fittings with substantial oak panelling desks and benches. To the rear of the property there are two offices, kitchenette & basement below the main communal entrance area with parking to the side of the premises. Gross Internal Area = 1,120 sq ft (104.05 sq m) approx. Freehold subject to existing lease. The Police have taken a lease on two rooms within the Police Station building for a term of five years from the 19th February 2015 at a peppercorn rent if requested. All interested parties must seek their own verification of floor areas & dimensions, to satisfy themselves that they are suitable for any proposed future use. There is not VAT payable in respect of this Lot. The completion date will be on or before eight weeks following exchange of contracts. Broomfields Solicitors, Minerva House, 7 St John s Business Park, Rugby Road, Lutterworth, Leicestershire, LE17 4HB. TEL: 01455 559444 (REF: M.A) Email: Mark.Anderson@broomfields.uk.com FOR IDENTIFICATION PURPOSES ONLY TO BE OFFERED FOR SALE AS ONE COLLECTIVE LOT, IF UNSOLD TO BE OFFERED INDIVIDUALLY AS THREE SEPARATE LOTS Price Guide: 550,000-575,000
LOT6 FORMER POLICE STATION CORNER OF LEICESTER ROAD & GILMORTON ROAD LUTTERWORTH, LEICESTERSHIRE, LE17 4DY Freehold. Grade II listed Victorian building which was formely a purpose built Police Station with car park to the rear. Considered suitable for a wide variety of alternative uses subject to obtaining the necessary planning consent. The property can be found on the corner of Leicester Road & Gilmorton Road in a prominent position. Lutterworth has a population of approximately 10,000 residents and provides excellent transport communications to both the M1 and M6 motorway Networks. The Police Station is a two storey building with accommodation comprising of a ground floor reception area, range of interconnecting offices, Police cells along with kitchen and toilet facilities. There is an internal staircase which leads to the first floor having three seperate offices. Externally there is a gate accessed via Gilmorton Road giving access to the private yard offering off road parking along with access to stores. The property is considered suitable for conversion into a wide variety of alternative uses or redevelopment subject to obtaining the necessary planning consent. Gross Internal Area = 1,788 sq ft (166.11 sq m) approx. Freehold subject to existing lease. The Police have taken a lease on two rooms within the Police Station building for a term of five years from the 19th February 2015 at a peppercorn rent if requested. All interested parties must seek their own verification of floor areas & dimensions, to satisfy themselves that they are suitable for any proposed future use. There is not VAT payable in respect of this Lot. The completion date will be on or before eight weeks following exchange of contracts. FOR IDENTIFICATION PURPOSES ONLY Price Guide: 250,000+ Broomfields Solicitors, Minerva House, 7 St John s Business Park, Rugby Road, Lutterworth, Leicestershire, LE17 4HB. TEL: 01455 559444 (REF: M.A) Email: Mark.Anderson@broomfields.uk.com
LOT7 SERGEANTS HOUSE, LEICESTER ROAD LEICESTERSHIRE, LUTTERWORTH, LE17 4DY Freehold. Attractive building having main road frontage with potential for residential conversion or other commercial uses subject to obtaining the necessary planning consent. The property can be found on the main Leicester Road, opposite Waitrose. Lutterworth has a population of approximately 10,000 residents and provides excellent transport communications to both the M1 and M6 Motorway Networks. The property comprises of a two storey building of brick construction under a pitched swithland roof, previously used as a Sergeants House and more recently used as offices adjoining the main Police Station. Internally the ground floor comprises of an entrance hall and three further rooms. On the first floor there is a landing area, four rooms and shower room. Externally there are brick stores and a garden area. Gross Internal Area = 1,205 sq ft (111.94 sq m) approx. Planning permission was granted on 23rd December 2013 for the property to be converted into 4 x 1 Bedroom Apartments (Class C3). Interested parties should make their own enquiries by contacting Harborough District Council (TEL: 01858 828282). Freehold with vacant possession. All interested parties must seek their own verification of floor areas & dimensions, to satisfy themselves that they are suitable for any proposed future use. There is not VAT payable in respect of this Lot. The completion date will be on or before eight weeks following exchange of contracts. EPC Rating D. FOR IDENTIFICATION PURPOSES ONLY Broomfields Solicitors, Minerva House, 7 St John s Business Park, Rugby Road, Lutterworth, Leicestershire, LE17 4HB. TEL: 01455 559444 (REF: M.A) Email: Mark.Anderson@broomfields.uk.com Price Guide: 175,000+
LOT8 OLD MAGISTRATES COURT, GILMORTON ROAD LUTTERWORTH, LEICESTERSHIRE, LE17 4DY Freehold. Old Magistrates Court located on Gilmorton Road, could be ideal for a variety of uses subject to obtaining the necessary planning consent. The property can be found on Gilmorton Road, opposite the Fielding Palmer Hospital & Fire Station. Lutterworth has a population of approximately 10,000 residents and provides excellent transport communications to both the M1 and M6 Motorway Networks. The property was built in the late 1880's of traditional brickwork to one and a half storey's in height beneath a slate roof having unique features. There are two entrances to the front of the building, WC's at the rear, main office & magistrates court which still retains the court fittings with substantial oak panelling desks and benches. To the rear of the property there are two offices, kitchenette & basement below the main communal entrance area with parking to the side of the premises. Gross Internal Area = 1,120 sq ft (104.05 sq m) approx. Freehold with vacant possession. FOR IDENTIFICATION PURPOSES ONLY All interested parties must seek their own verification of floor areas & dimensions, to satisfy themselves that they are suitable for any proposed future use. There is not VAT payable in respect of this Lot. The completion date will be on or before eight weeks following exchange of contracts. Broomfields Solicitors, Minerva House, 7 St John s Business Park, Rugby Road, Lutterworth, Leicestershire, LE17 4HB. TEL: 01455 559444 (REF: M.A) Email: Mark.Anderson@broomfields.uk.com Price Guide: 125,000+
LOT9 FLAT 2, 148 MERE ROAD LEICESTER, LE5 5GN Leasehold. One bedroom ground floor flat having gas central heating & double glazing. Ideal for owner occupier or rental investor. The property is best approached by leaving the City Centre via the main A6 London Road. At the Victoria Park Gates turn left onto Evington Road, take the fifth left hand turning into East Park Road. At the traffic light junction turn left into St Peters Road, then right into Mere Road. Communal entrance hall leading to flat: Flat: Entrance area, open plan living room/kitchen, bedroom, bathroom. Leasehold with vacant possession. The property is held on a lease for a term of 99 years from 1st December 1991. There is a ground rent payable of 40.00 per annum and we have been verbally informed that the service charge is split between the freeholders (please refer to legal documentation). 450.00 per calendar month exclusive ( 5,400.00 per annum). The completion date will be on or before eight weeks following exchange of contracts. EPC Rating D. Philip J Hammond Solicitors, 47 Friar Lane, Leicester, LE1 5QX. Tel: 0116 251 7171 (Ref: R.Sculthorpe) Email: rosemariesculthorpe@pjhammond.com Price Guide: 59,000+
LOT10 93 DANVERS ROAD OFF NARBOROUGH ROAD, LEICESTER, LE3 2AE Freehold. Three bedroom palisaded terrace property situated within a popular residential location having gas central heating & double glazing. Ideal for rental investors or owner occupiers. The property can be approached via the main A5460 Narborough Road. Continue over the traffic light junction on Upperton Road, going under the railway bridge, then turn left into Raymond Road, right into Compton Road and left into Danvers Road. The property is within walking distance of De Montfort University and Leicester Royal Infirmary. Ground Floor: Lounge, living room, kitchen, bathroom. First Floor: Landing, three bedrooms. Outside: Front forecourt, enclosed rear yard. Freehold with vacant possession. 675.00 per calendar month exclusive ( 8,100.00 per annum). Purchasers are to be made aware that an additional charge of 850.00 + VAT will be collected on completion by the seller to cover costs incurred in selling the property. The completion date will be on or before eight weeks following exchange of contracts. EPC Rating E. Thankey Mahet Legal, 63b King Street, Leicester, LE1 6RP. Tel: 0116 247 0022 (Ref: R.Thankey) Email: roney@thankeymahet.co.uk Price Guide: 109,000+
LOT11 20 SMITH STREET WARWICK, CV34 4HS Freehold. Rare opportunity to acquire this four storey mid terrace property with retail at ground floor and residential accommodation above. Ideal for owner occupier or rental investor. The property is located on Smith Street, in a prominent position within the historic Warwick Town Centre. The property is within walking distance of Warwick Castle, Warwick Museum and Warwick Railway Station. The street itself is occupied by a variety of retailers. The property is currently arranged over four floors with a ground floor retail area, two/three bedroom residential accommodation above and cellar. Access to the retail element can be made directly from Smith Street with separate access provided to the residential element via Gerard Street. The property requires refurbishment throughout and is Grade II listed. Freehold with vacant possession. We have been verbally informed that the retail element cannot be used Class A3, A4 or A5 of the Town & Country (Use Classes) Order. Interested parties should make their own enquiries via the Warwick Council (TEL: 01926 410410). Ground Floor Retail = 10,000.00 per annum Two/Three Bedroom Maisonette = 850.00 per calendar month exclusive ( 10,200.00 per annum) Total Income = 20,200.00 per annum (after refurbishment). The completion date will be on or before eight weeks following exchange of contracts. EPC Rating F. FOR IDENTIFICATION PURPOSES ONLY Blythe & Liggins, Edmund House, Rugby Road, Leamington Spa, CV32 6EL. TEL: 01926 884 701 (REF: N.Watts) Email: ndw@blytheliggins.co.uk Price Guide: 289,000+
LOT12 194 POOL ROAD NEWFOUNDPOOL, LEICESTER, LE3 9GG Freehold Residential Investment. Two bedroom mid terrace property currently Let on an Assured Shorthold Tenancy, having gas central heating & double glazing. The property is located approximately 1 mile from Leicester City Centre. The property can be approached via the main A47 King Richards Road then right into Fosse Road North. Continue over the traffic light junction of Henley Road and take the second left into Pool Road. Ground Floor: Front lounge, living room, kitchen. First Floor: Landing, two bedrooms, bathroom. Outside: Private rear yard. Freehold subject to existing tenancy. The property is currently Let on an Assured Shorthold Tenancy from 15th December 2005 at a rent of 475.00 per calendar month exclusive ( 7,200.00 per annum). The tenants are currently holding over. The auctioneers feel that there is scope for uplift in rental to 595.00 per calendar month exclusive ( 7,140.00 per annum). The completion date will be on or before eight weeks following exchange of contracts. EPC Rating to be confirmed. Philip J Hammond Solicitors, 47 Friar Lane, Leicester, LE1 5QX. Tel: 0116 251 7171 (Ref: R.Sculthorpe) Email: rosemariesculthorpe@pjhammond.com Price Guide: 95,000+
LOT13 3 ALBERT ROAD STONEYGATE, LEICESTER, LE2 2AA Freehold. Five bedroom detached property situated within a desirable residential location providing easy access to Leicester City Centre. Ideal for owner occupiers or rental investors. The property can be approached via the main A6 London Road. Continuing from the city centre for approximately 1 mile over the Victoria park roundabout, take the fifth left into Albert Road where the the property can be found on the right hand side. Ground Floor: Entrance porch, entrance hall, lounge, living room, dining room, kitchen, utlity room, inner hallway providing access to cellar. First Floor: Landing, master bedroom with en-suite bathroom, bedroom two, family bathroom. Second Floor: Landing, bedroom three with en-suite shower room, bedroom four, bedroom five, separate WC. Outside: Front garden area being mainly lawned with driveway providing off road parking, Further lawned area to the rear with stores. Freehold with vacant possession upon completion. The property could be ideal to convert into flats or room lets subject to obtaining the necessary planning consent. The completion date will be on or before 31st May 2018 following exchange of contracts. EPC Rating E. Bray & Bray Solicitors, Spa Place, 36-42 Humberstone Road, Leicester, LE5 0AE. TEL: 0116 2548871 (REF: M.B) Email: mbhimber@braybray.co.uk Price Guide: 335,000+ (Previously Marketed at 425,000)
LOT14 107 NARBOROUGH ROAD & 2 BARCLAY STREET, LEICESTER, LE3 0PA Freehold. Office building comprised over three floors very well presented internally. The property maybe suitable for alternative uses subject to obtaining the necessary planning consent. The property is set in a favourable position on the main A5460 Narborough Road on the corner of Narborough Road & Barclay Street. The property is within walking distance of Leicester Royal Infirmary, De Montfort University and Leicester City Centre. Ground Floor 107 Narborough Road (entrance): Office 1, Office 2 Ground Floor - 2 Barclay Street (entrance): Entrance area, W.C s, store cupboard, kitchen, meeting room. First Floor: Office 1, Office 2, Office 3, Office 4. Second Floor: Store room, return area. Total Net Internal Area: 2,321 sq ft (215.62 sq m) approx. Freehold with vacant possession. The property is ideal to convert to retail use having previously been used for retail purposes prior to 2008. The completion date will be on or before eight weeks following exchange of contracts. BHW Solicitors, 5 Grove Court, Grove Park, Leicester, LE19 1SA TEL: 0116 281 6227 (REF: I.Sanders) Email: Ian.Sanders@bhwsolicitors.com FOR IDENTIFICATION PURPOSES ONLY Price Guide: 285,000+
LOT15 16 FORGE CORNER BLABY, LEICESTER, LE8 4FZ Leasehold. Two bedroom / two storey self contained flat situated within a block of other flats having electric heating & double glazing. The property is currently let on an Assured Shorthold Tenancy. The property is located close to Blaby Centre, above a parade of retail units. The property provides good transport links to the main M1 & M69 motorway networks. First Floor: Entrance hall, WC/cloakroom, fitted kitchen, lounge and stairs leading to upper floor. Second Floor: Landing, two bedrooms, bathroom. Outside: Enclosed courtyard. Long Leasehold subject to existing tenancy. The property has been Let on an Assured Shorthold Tenancy since 23rd January 2010 for a term of 6 months at a rent of 475.00 per calendar month exclusive ( 5,700.00 per annum). The tenants are currently holding over. The auctioneers feel that there is scope for uplift in rental to 575.00 per calendar month exclusive ( 6,900.00 per annum). The flat is held on a lease for 125 years from the 16th November 2015, with a ground rent of 250.00 per annum (fixed increases at 25 year intervals), service charge of 305.10 per annum and insurance 114.75 per annum payable (Please refer to legal documentation). The completion date will be on or before eight weeks following exchange of contracts. EPC Rating E. Equitas Law, 17 Wellington Street, Leicester, LE1 6HU. Tel: 0116 2755054. (Ref: Z.Patel) Email: zaida@equitaslaw.com Price Guide: 65,000+
LOT16 75 WALTON STREET OFF NARBOROUGH ROAD, LEICESTER, LE3 0DY Freehold residential investment. Three bedroom mid terrace property currently Let on an Assured Shorthold Tenancy, having gas central heating & double glazing. The property can be approached via the main A5460 Narborough Road, continuing over the traffic light junction of Upperton Road, then taking the third left into Walton Street. The property is within walking distance of De Montfort University, Leicester Royal Infirmary and Leicester City Centre. Ground Floor: Front reception room, living room, kitchen, bathroom. First Floor: Landing, three bedrooms. Outside: Private rear yard. Freehold subject to existing tenancy. The property is currently Let on an Assured Shorthold Tenancy from 1st March 2017 for 12 months at a rent of 450.00 per calendar month exclusive ( 5,400.00 per annum). The tenants have been occupying the property since the 1st September 2009. The Auctioneers feel there could be scope for uplift in rental to 650.00 per calendar month exclusive ( 7,800.00 per annum) after slight refurbishment. The completion date will be on or before eight weeks following exchange of contracts. EPC Rating E. Gunnercooke LLP, 1 Cornhill, London, EC3V 3ND TEL: 03330 143 401 (REF: M.Kang) Email: mel.kang@gunnercooke.com Price Guide: 99,000+
HIGHLIGHTS FROM OUR PREVIOUS AUCTIONS PRICE GUIDE: 109,000+ PRICE GUIDE: 109,000+ PRICE GUIDE: 149,000+ 80 Raymond Road, Off Narborough Road, Leicester, LE3 2AT SOLD: 121,500 PRICE GUIDE: 125,000+ 17 Haddenham Road, Off Narborough Road, Leicester, LE3 2BH SOLD: 127,250 PRICE GUIDE: 265,000+ 9 Lindsay Road, Rowley Fields, Leicester, LE3 2EJ SOLD: 162,000 PRICE GUIDE: 179,000+ 102 Evington Road, Leicester, LE2 1HH SOLD: 175,00 55 Dronfield Street & 43 Egginton Street, Leicester, LE5 5BE SOLD: 285,000 141 Staveley Road, Off Chesterfield Road, Leicester, LE5 5BU SOLD: 200,000 www.shonkibros.com WE ACHIEVED A SUCCESS RATE OF OVER 90% IN OUR 2017 AUCTIONS NEXT AUCTION Wednesday 16th May 2018 Entries now being taken www.shonkibros.com BUYER S FEE: The successful purchaser will be required to pay the Auctioneers a buyer s fee of 350.00 (inc.vat) upon exchange of contracts whether the property is bought prior to auction, on the auction day or post IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as their 10% deposit. Two forms of identification required. (for further information, please see back of brochure). No cash deposits or credit/debit cards
ENERGY PERFORMANCE CERTIFICATES (EPC) Where necessary our clients have commissioned an EPC Any EPC that was not available at the time the catalogue was printed will be uploaded to our website as and when they are received. However please note that these will be available for inspection as part of the legal documentation on the day of the Auction. NEXT AUCTION DATE: 16th May 2018 ENTRIES NOW BEING TAKEN
The loan for one project that provides funds for the next Our new refurbishment bridging product is ideal for investors who want to purchase a property, carry out light refurbishments* and then release their investment quickly to move onto the next project. Loans from 26,000 to 5,000,000 LTV up to 75% Flexible terms For more information call 0161 933 7155 or visit togethermoney.com/auctionfinance Any property used as security, including your home, may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. * Light refurbishment includes the replacement or refurbishment of kitchens and bathrooms, rewriring, decorative attention or internal re-configuration. It does not include anything that requires planning permission or structural changes.
Memorandum of Agreement of Sale SHONKI BROTHERS AUCTIONS AGREEMENT DATE:... LOT NUMBER: SELLER:... of... BUYER:... of... www.shonkibros.com PROPERTY: ALL THAT property described in the Special Conditions of Sale relating to the above Lot Number and known as... The Seller will sell and the Buyer will buy the Property for the Purchase price agreed on the fall of the hammer subject to the Common Auction Conditions for auctions of Real Estate in England and Wales (Edition 3 3rd August 2009) as amended by Seller s General Conditions and Special Conditions. Note: A copy of the Common Auction Conditions for auctions of Real Estates in England and Wales (Edition 3 3rd August 2009) as amended by Seller s General Conditions of sale and Special Conditions which are available for inspection at the Sellers Auctioneers offices prior to the Auction and the Buyer is deemed to have inspected and familiarised himself with such conditions prior to Auction whether he has done so or not.... COMPLETION DATE:... PURCHASE PRICE:... BUYERS PREMIUM: 750.00... (To be paid to Shonki Bros. Leicester Ltd) SEARCHES ETC:... BALANCE:... LESS DEPOSIT ETC PAID:... BALANCE DUE:... The Auctioneer acknowledges receipt of the Deposit as Agent for the Seller in part payment of the purchase price. The Buyer agrees to pay the remainder of the deposit/purchase price to complete the purchase in accordance with this agreement in all respects. Signed:...Signed p.p. SELLER Signed:...Signed p.p. BUYER Note: If the Memorandum of Agreement of Sale is not signed by or on behalf of the Successful Bidder/Buyer Shonki Bros Leicester Ltd., or any Director of theirs is authorised to sign the said Memorandum of Agreement of Sale on behalf of the successful Bidder/Buyer. www.shonkibros.com BUYER S FEE: The successful purchaser will be required to pay the Auctioneers a buyer s fee of 750.00 (inc.vat) upon exchange of contracts whether the property is bought prior to auction, on the auction day or post IMPORTANT NOTICE: All purchasers will be required to produce proof of identity, as well as their 10% deposit. Two forms of identification required. (for further information please see The Money Laundering, Terrorist Financing Deposits & buyers fees can be paid by personal cheque, bankers draft, credit or debit card (Please note
Telephone/Proxy Bidding Form (Should you not be able to make the auction) 14th MARCH 2018 I herby instruct and authorise Shonki Bros. to bid on my behalf in accordance with the terms and conditions as given in the Auction catalogue and I understand that should my bid be successful the offer will be binding upon me.! I wish to bid by: Proxy Telephone (tick relevant box only) PROPERTY DETAILS Auction Date: Lot No. Property Address: PROPOSED PURCHASER Name: SOLICITORS DETAILS Name of Solicitor: Company Address: Address: Postcode: Tel No. Postcode: Tel No. Alternative No. FOR PROXY BIDS ONLY Maximum Bid: (figures) Maximum Bid: (words) Signature of prospective purchaser or person signing on purchasers behalf: Full name and address of signatory: (Only fill out if acting on purchaser s behalf) Signed Date of signing
Telephone/Proxy Bidding Form 14th MARCH 2018 PAYMENT DETAILS I hereby enclose a cheque payable to Shonki Bros. or debit/credit card details for the 10% deposit ( 2,000.00 minimum) plus the Buyers Fee of 750.00 inclusive of VAT. I attach Banker Draft/Personal/Company Cheque for: Card Number Valid from Expires End CSC Name as appears on card NOTE: Any cheques and/or debit/credit card details supplied will be shredded unless otherwise requested in the event of an unsuccessful proxy or telephone bid. A 3% surcharge will be levied on credit card payments. Shonki Brothers will bid on my behalf if required, taking my instructions in this respect on the telephone when the relevant lot is being sold at the Auction. I authorise you to record such bidding and instructions in order to avoid any doubts or disputes. I authorise the auctioneer to sign the Memorandum of Sale on my behalf and I recognise that I will then be the fully. Terms and Conditions for Proxy / Telephone Bidders 1. A prospective purchaser should complete and sign the registration form enclosed. In particular the prospective purchaser should complete the form showing the maximum price which the prospective purchaser authorised the auctioneer to bid for a particular property. The maximum price to which the auctioneer is authorised to bid must be an exact figure (accordingly wording such as 100 over the highest bid in the room will not be acceptable). The auctioneer reserves the right not to bid on behalf of the prospective purchaser should there be an error or confusion in respect of these instructions or the accompanying deposit. A separate form must be completed for each Lot for which a prospective purchaser requires the auctioneer to bid. The completed form or forms must be delivered to Shonki Brothers, 95 Narborough Road, Leicester, LE3 0PA (for attention of the auctioneer) by hand or by post so that it is received no less than 24 hours prior to the time of commencement of the auction at which the particular property is to be sold. Any agreement to alter any proxy bidding form at any time prior to, or on the day of the auction, must be in writing. 2. The prospective proxy purchaser appoints the auctioneer as agent and authorises the auctioneer to bid for relevant Lot on behalf of the prospective purchaser in such a manner as the auctioneer thinks fit in his or her absolute discretion. 3. The prospective purchaser shall be considered to have inspected the auction catalogue for the relevant Lot and the catalogue containing the general and special condition of sale, all Legal Documents and notices to prospective purchasers and also any addendum relating to the Lot and to have full knowledge thereof and authorises the auctioneer or any duly authorised partner or employee of Shonki Brothers as the prospective purchaser s agent to sign the memorandum of contract incorporating all such matter at or after the 4. The prospective proxy purchaser should send with this form a valid cheque or banker s draft drawn on United Kingdom Branch of bank representing 10% of the maximum price to which the prospective purchaser wishes the auctioneer to bid. Where the particular Lot is purchased below the maximum figure the balance of the deposit will be considered as an additional deposit toward they purchase price. 5. The prospective purchaser may in writing only at any time up to the commencement of the auction I which the particular lot is to be sold withdraw the auctioneer s authority to bid. It is the prospective purchaser s responsibility to ensure that the auctioneer personally receives such instructions and he or she should check to ensure that such instructions have been received. 6. Unless the relevant lot is sold to the prospective purchaser, the amount of the prospective purchaser s bid will not be disclosed to the vendor or any other person either during or after the sale without the consent of the respective purchaser. 7. The auctioneer reserves the right to bid himself or through an agent up to the reserve price of the particular Lot. 8. The auctioneer will make no charge to prospective purchaser for this service and will accept no liability whatsoever for any bid not being made on behalf of the prospective purchaser whether through lack of clarity instructions or for any other reason whatsoever. The prospective purchaser will be advised if the relevant Lot was successfully purchased on his or her behalf as soon as possible after the Where the lot has not been purchased the prospective purchaser will be notified by post and the deposit returned as soon as reasonably possible. 9. Prospective purchasers are advised are advised to telephone the auction department of Shonki Brothers (Telephone Number: 0116 2557573) between 9:00am and 3:00pm on the day of the auction to ensure that there are no amendments to the particulars of sale conditions relating to relevant Lot or other matters relating to it. If the prospective purchaser does not telephone and such amendments have been made, the auctioneer may in his or her absolute discretion decide not to bid for the relevant Lot on the prospective purchaser s behalf or refuse to accept bids by or on behalf of the prospective purchaser as a result thereof. 10. Should the prospective purchaser wish to bid at the auction in person or through an agent, such intention must be conveyed in writing to the auctioneer in person prior to the Lot being offered for sale. In this case the auctioneer will not make any bids on behalf of the prospective purchaser.
Auction Wednesday 14th March 2018 5:30pm Directions to: LEICESTER CITY FOOTBALL CLUB, KING POWER STADIUM From the M1/M69 Leave at junction 21 (not 21a), follow the A5460 (Narborough Road) and follow the signs to Leicester. After approximately 3 miles you should pick up signs for the City Centre. Leicester City Football Club The Gallery, King Power Stadium, Filbert Way, Leicester LE2 7FL
Looking for a quick alternative way of selling your property... TRY OUR AUCTION: Established Auctioneers for over 28 years. Excellent success rate. WE OFFER: Free valuation with no obligation. Free marketing advice with no obligation. Local and national advertising. Entries now being taken for our forthcoming Auction: Wednesday 16th May 2018 Please contact our office for further details. 95 Narborough Road, Leicester LE3 0PA Tel: 0116 255 7573 Fax: 0116 255 1104 Email: info@shonkibros.com www.shonkibros.com L.S.Sangra www.shonkibros.com