South East Wales Land & Property Auctioneers

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SE Wales FC Layout 1 04/09/2012 15:11 Page 1South East WalesLand & Property AuctioneersWednesday 26th September 2012 at 4.00pmSt Mellons Hotel & Country Club, Castleton, Cardiff CF3 2XR

SE Wales IFC SE Wales 04/09/2012 09:46 Page 17 Lots For Sale By Auction(Unless previously sold or withdrawn)Auction VenueSt Mellons Hotel &Country ClubCastleton, Cardiff CF3 2XRAuction OfficesColum Buildings, 13 Mount Stuart Square, Cardiff CF10 5EE7 Baneswell Road, Newport NP20 4BPTel: 02920 475184 Fax: 02920 480715Tel: 01633 212555 Fax: 01633 212444Email: .uk.netMessage from the AuctioneersWelcome to our third auctionAuction House South East Wales are pleased to be offering you some moreinteresting lots for sale this month, ranging from a house in Newport in need ofrenovation guided at 25,000 to 30,000 through to a large vacant Public Housenear Llandeilo in Carmarthenshire through to a multi let investment propertylocated centrally within Pontypool.We are keen to follow on from our last Auction where we achieved a sale priceon one lot of nearly two and a half times the guide price after experiencing asignificant amount of interest and keen bidding.Auction Team: Tim Parker, Stephen Parker,Michael Young & Mark Iles.We pride ourselves on our personal service with each property being extensively marketed by way of our impressive high quality Auction catalogue,website advertising on both our own website and other property search web sites, press advertising and highly visible sale boards.We are continuing to attract instructions for a wide variety of properties across the whole of the South East Wales area with properties mainly inthe NP and CF post codes, however we will look to expand further north and west into both Mid Wales and the Swansea region.We are now actively taking lots for our next Auction which will be held at the end of November at the same venue. Should you wish to discussany potential Auction lots either before, at or after the Auction one of our Team would be delighted to be of assistance.

Page 3 SE Wales 03/09/2012 15:03 Page 1Auction informationThe Catalogue Details of the property and land to be sold are setout in this catalogue. All lots are sold subject to Special Conditions ofSale. It is important that prospective purchasers satisfy themselves asto the location, boundaries, condition and state of the lots before theauction.Plans, Maps and Photographs The plans, maps and photographspublished in the catalogue are to aid identification of the property only.The plans are not to scale.Energy Performance Certificates (EPCs) Where required we includeEPCs either on the Lot page or towards the back of this catalogue.When not shown they can be viewed online atwww.auctionhouse.uk.net.Guide Prices Guide prices quoted in the catalogue are provided asindication only and may change at any time prior to the auction. Thesale price will be dependent on bidding in the auction room and onthe Vendors' instructions.Reserve Price Each property will be offered subject to a reserve price.This is a confidential figure set between the Vendor and the Auctioneer.It is a figure below which the Auctioneer cannot sell the property.The Legal Aspect Buying at auction is a contractual commitment.Before making an offer prior to auction or bidding at the auction it isadvisable to consult a solicitor regarding the General and SpecialConditions of Sale, the local authority search and other legaldocumentation.Pre Auction Sales Offers made on property included in this cataloguemay be accepted by the Vendor prior to the auction. If you areintending to bid at the auction for a specific lot, we recommend thatyou keep in contact with the Auctioneer's office.The Auctioneers or Vendors cannot be held responsible for costsincurred in respect of any lot which is withdrawn or sold prior toauction.Attending the Auction It is always wise to allow sufficient time to getto the auction. Legal packs for most of the properties will be availablefor inspection. It is important you read these and the finaladdendum/alteration list which will also be available as any purchasewill be subject to these.Bidding Each property will be offered individually by the Auctioneer.Ensure that your bids are clear and noticed by the Auctioneer. If youare successful in bidding for the property you will be approached by amember of Auction House staff who will request your personalinformation and identification. You will then be guided to the cashiersdesk for payment of the deposit.Bidding by Proxy or Telephone If you are unable to attend theauction you are invited to contact us to discuss special arrangementsfor bidding by proxy or telephone. A pre auction bidding form andconditions appear towards the end of this catalogue.Proof of Identification In order to abide by the money launderingregulations we ask that all prospective purchasers provide proof ofidentity. Please bring your passport or photographic UK driving licenceand a current utility bill, bank statement or council tax bill to theauction. If purchasing on behalf of a company you will also need topresent proof of your position within the company and companyletterhead.Solicitors Details The name, address and telephone number of thesolicitor who will be acting for you in any purchase will be requiredbefore you leave the auction room.Deposit When you buy a property you will be approached by amember of Auction House staff and asked to go to the cashiers deskto sign the Memorandum of Sale. You will be asked to pay a depositof 10% of the purchase price subject to a minimum deposit of 3,000. Deposits can only be paid by bankers draft, building societycheque or personal cheque. Cash or card payments will not beaccepted. Please note, should the cheque have to be represented, aprocessing charge of 50.00 VAT will be charged by deduction fromthe deposit.The Contract The Memorandum of Sale will be signed in duplicate.One copy will be given to you, which you must give to your solicitor. Thesecond copy will be retained by the Vendors’ solicitor. Completionusually takes place after 28 days but this date can vary.The legal packof each property will state the completion date due.The date may alsobe announced immediately prior to the commencement of bidding ofeach lot.Administration Charge Purchasers will be required to pay by cheque,an administration charge of 250.00 VAT in addition to the deposit.A VAT receipt will be issued after the auction.Insurance Unless indicated to the contrary, the seller will continue tobe responsible for insuring the property until completionPost Auction Sales If a property you are interested in is not sold atthe auction please speak to the Auctioneer and make an offer. Youroffer will be put forward to the Vendor and if accepted, you will be ableto proceed with your purchase under auction rules.Viewing Due to the nature and condition of auction properties wehighlight the potential risk that viewing such properties carries andadvise all to proceed with caution and take necessary requirementsto ensure their own safety whilst viewing any lot in this catalogue.Viewings are conducted entirely at your own risk, these properties arenot owned or controlled by Auction House and we cannot be heldliable for loss or injury caused while viewing or accessing any Lot.Due to the nature of some auction properties, electricity may not beturned on therefore viewing times are restricted. Viewers will also haveto bring their own lighting/ladders if wanting to inspect cupboards,cellars and roof spaces.Disclaimer Particulars within this catalogue are believed to be correctbut their accuracy is not guaranteed. Information relating to Ratingmatters has been obtained by verbal enquiry only. Prospectivepurchasers are advised to make their own enquiries of theappropriate Authority. All measurements, areas and distances areapproximate only. Potential purchasers are advised to check them.***Please refer to the common auction conditions at the back of the catalogue***

Page 4 SE Wales 04/09/2012 14:27 Page 1Order of SaleWednesday 26th September 2012, St Mellons Hotel & Country Club, Castleton, Cardiff CF3 2XRLOTADDRESSGUIDE PRICELOT TYPE12 Clarance Street, Newport 25,000 - 30,000Residential2119 Newport Road, Cwmcarn 50,000 - 60,000Commercial/Residential3The Angel, Salem 120,000 - 140,000Commercial416 Mere Path, Cwmbran 60,000 - 80,000Residential565 Lower Dock Street, Newport 120,000 - 140,000Multi Let Investment6114 Ninian Park Road, Riverside, Cardiff 80,000 Commercial/Residential7The Courtyard, George Street, Pontypool 250,000 - 285,000Multi Let InvestmentViewing ScheduleLOTADDRESSTIMEDATE12 Clarence Street, Newport10:00-10:30amThursday 6th SeptemberThursday 13th SeptemberThursday 20th September2119 Newport Road, Cwmcarn11:00-11:30amThursday 6th SeptemberThursday 13th SeptemberThursday 20th September3The Angel, Salem10:00amFriday 14th SeptemberFriday 21st September416 Mere Path, Cwmbran14:00-14:30pmFriday 14th SeptemberFriday 21st September565 Lower Dock Street, Newport16:00pmThursday 6th SeptemberThursday 13th SeptemberThursday 20th September6114 Ninian Park Road, Riverside, Cardiff7The Courtyard, George Street, PontypoolPlease contact Auctioneers for appointment11:00-11:30 pmWednesday 5th SeptemberWednesday 12th SeptemberWednesday 19th September

Page 5 Layout 1 03/09/2012 15:04 Page 1Residential for improvement2 Clarence Street, Newport, Gwent NP20 2DAGUIDE PRICE 25,000 - 30,000LOT 1Two Storey Mid Terraced HouseA two storey mid terraced house located in the established Pill area of Newport.The property does require upgrading and improvement works.Description:Ground Floor: Hallway, two reception rooms, kitchen.First Floor: Landing, two bedrooms and bathroom/wc.Outside: Gardens to the rear (not inspected).DirectionsFrom Newport City Centre travel south along Commercial Road, turn left intoPotter Street and first right into Clarence Street where the property can be foundon the left hand side.Viewing6th September, 13th September & 20th September 2012 - 10:00-10:30amFor further information and legal pack go towww.auctionhouse.uk.netTenure: FreeholdServices: Interested parties are invited to make their own enquiries of the relevant authoritiesas to the availability of the servicesLocal Authority: Newport City CouncilSolicitors: Colbourne, Coulman & Lawrence, Victoria Chambers, 11 Clytha Park Road,Newport, NP20 4PB. Tel: 01633 264194 Ref: Mr David BowenFull Details: Photographs, room dimensions, floor plans and area measurements (whenavailable) are included within our full details online at www.auctionhouse.uk.net. All publishedinformation is to aid identification of the property and is not to scale

Page 6 Layout 1 03/09/2012 15:05 Page 1Commercial/Industrial119 Newport Road, Cwmcarn, Gwent NP11 7LZGUIDE PRICE 50,000 - 60,000LOT 2Vacant Take-Away with Flat AboveA two storey mid terraced building with a ground floor former take-away and twobedroom first floor flat above with separate access from the rear. The property isin need of some upgrading and improvement works.Description:Ground Floor Retail: Take-away servery area with catering kitchen andpreparation area to the rear, rear lobby, shower room and separate wc.First Floor Flat: Separate external access to the rear, landing, bathroom/wc (nofittings), kitchen (no units), living room, two inter connecting bedrooms to thefront.Outside: Small rear yard area with external store and wc. Parking area to otherside of rear vehicular lane.DirectionsThe property is located centrally within Cwmcarn and can be found on the lefthand side of Newport Road as you travel northwards.Viewing6th September, 13th September & 20th September 2012 - 11:00 to 11:30am.For further information and legal pack go towww.auctionhouse.uk.netPlease contact the Auctioneerfor a copy of the EPCTenure: FreeholdServices: Interested parties are invited to make their own enquiries of the relevant authoritiesas to the availability of the servicesLocal Authority: Caerphilly County Borough Council.Solicitors: Roger James, Clements & Partners, 72 Bridge Street, Newport, South Wales,NP20 4AQ. Tel: 01633 257844 Ref: Roger James EsqFull Details: Photographs, room dimensions, floor plans and area measurements (whenavailable) are included within our full details online at www.auctionhouse.uk.net. All publishedinformation is to aid identification of the property and is not to scale

Page 7 Layout 1 03/09/2012 15:05 Page 1Commercial/IndustrialThe Angel, Salem, Llandeilo, Dyfed SA19 7LYGUIDE PRICE 20,000 - 140,000LOT 3Former Village PubA substantial two storey public house situated in a small village to the north ofLlandeilo. The property has the potential to be re-opened as a public house/restaurant, bed & breakfast or redevelopment of the building and/or the site(subject to planning).Description:Ground Floor: Porch, L shaped lounge bar, snug room. Restaurant divided intotwo sections with potential for approxiamtely 80 covers, ladies and gents wcfacilities, catering kitchen, kitchen store and cellar.First Floor: Four en-suite double bedrooms, kitchen (fittings removed), office andwalk in storage.Outside: The property occupies a large level site totalling approximatley 0.28hectares (0.7 acres). This is made up of a large car park to the side and rear withgarden area and detached garage.DirectionsThe property is situated approximately three miles to the north of Llandeilo. Thevillage is accessed off the main A40 via the B4302.Viewing14th & 21st September 2012 - 10:00am (Please contact the Auctioneers office tobook a viewing).Joint AgentsFor further information and legal pack go towww.auctionhouse.uk.netTenure: FreeholdServices: Interested parties are invited to make their own enquiries of the relevant authoritiesas to the availability of the servicesLocal Authority: Carmarthenshire County Council.Solicitors: TLT LLP, One Redcliff Street, Clifton, Bristol, BS1 6TP. Tel: 0117 917 7977 Ref:Philip Collis EsqFull Details: Photographs, room dimensions, floor plans and area measurements (whenavailable) are included within our full details online at www.auctionhouse.uk.net. All publishedinformation is to aid identification of the property and is not to scale

Page 8 Layout 1 03/09/2012 15:06 Page 1Auction SpecialistsLegal advice should be taken before bidding on an auction property.We will be present to provide free legal advice on the day of the auction.Pre auction reports available.Fixed fee conveyancing.Deadlines met.Please contact Rhidian Hobbs - FREEPHONE: 0808 178 2773www.howellslegal.comCARDIFF029 2040 4020Hallinans House,22 Newport Road,CF24 0TDCARDIFF029 2048 436662 Albany Road,Roath,CF24 3RRe-mail: commercial@howellslegal.comSWANSEA01792 4100164 Langdon House,Langdon Road,SA1 4AQCAERPHILLY029 2086 711172/74 Cardiff Road,CF83 1JQTALBOT GREEN01443 230411First Floor,83 Talbot Road,CF72 8AENEWPORT01633 22796029 Bridge Street,NP20 4BG

Page 9 Layout 1 03/09/2012 15:06 Page 1Residential16 Mere Path, Greenmeadow, Cwmbran, Gwent NP44 4SLGUIDE PRICE - 60,000- 80,000LOT 4Two Storey End Terraced HouseA two storey end terraced local authority built house situated within theGreenmeadow area of Cwmbran.The property has a well maintained enclosed garden to the rear.Description:Ground Floor: Hallway, cloakroom/wc, lounge, dining room, kitchen and storeroom.First Floor: Landing, three bedrooms and bathroom/wc.Outside: Well maintained garden to the rear with fenced and hedged boundaries.DirectionsFrom the A4051 Cwmbran Drive follow Green Forge Way up to the roundaboutnext to Greenmeadow Community Farm, turn left into Greenmeadow Way andright into Ty Gwyn Road, then left into Bryn Tirion and right into Byways wherethe property can be found on the right hand side as signposted.Viewing14th September & 21st September 2012 - 2:00 - 2:30pm.For further information and legal pack go towww.auctionhouse.uk.netTenure: FreeholdServices: Interested parties are invited to make their own enquiries of the relevant authoritiesas to the availability of the servicesLocal Authority: Torfaen County Borough Council.Solicitors: Everett Lloyd & Pratt, Clarence Chambers, Clarence Street, Pontypool, NP4 6XP.Tel: 01495 763333 Ref: Ms Angela O'BrienFull Details: Photographs, room dimensions, floor plans and area measurements (whenavailable) are included within our full details online at www.auctionhouse.uk.net. All publishedinformation is to aid identification of the property and is not to scale

Page 10 Layout 1 03/09/2012 15:06 Page 1Residential Investments65 Lower Dock Street, Newport, Gwent NP20 1EFGUIDE PRICE 120,000 - 140,000LOT 5Residential Investment PropertyA three storey mid terraced building currently licensed as a House in MultipleOccupation (HMO) for a total of six letting rooms.Description:Ground Floor: Entrance hallway, letting room 1 with bedroom off, communalliving room, dining area, kitchen.First Floor: Landing, shower room/wc, letting room 2 (with its own separateliving room), letting room 3.Second Floor: Landing, shower room/wc, letting room 4, letting room 5, lettingroom 6.Outside: Yard area to the rear.Tenancies: Room 2, 3 & 4 are currently let on assured shorthold tenancies atrentals of 65 per week per room (all inclusive). . Room 2 has served a notice tovacate at the end of October 2012. The property has the potential to provide atotal annual rental income in excess of 20,000 per annum, when fully let, and alsothe opportunity of increasing the rental levels.DirectionsHeading along George Street towards George Street Bridge turn left onto LowerDock Street after George Street Furnishers, the property can be found on the righthand side.Viewing6th September, 13th September & 20th September 2012 - 4:00pm.For further information and legal pack go towww.auctionhouse.uk.netTenure: FreeholdServices: Interested parties are invited to make their own enquiries of the relevant authoritiesas to the availability of the servicesLocal Authority: Newport City Council.Solicitors: Everett Tomlin Lloyd & Pratt, 19-20 Gold Tops, Newport, South Wales, NP204PH. Tel: 01633 743294 Ref: Chris Pennant EsqFull Details: Photographs, room dimensions, floor plans and area measurements (whenavailable) are included within our full details online at www.auctionhouse.uk.net. All publishedinformation is to aid identification of the property and is not to scale

Page 11 AH copy 03/09/2012 15:07 Page 1

Page 12 AH copy 03/09/2012 15:07 Page 1Fast funding for property professionalsfast funding for property professionalsScott HendryNational Development Managermobile:email:07778 150 845scott.hendry@auctionfinance.co.ukMichael StrattonCase Managermobile: 07702 718 153email: ��nance.co.uk0844 873 4235www.auctionfinance.co.ukAUC1676 InfoAtPropertyWorld - A4 Case Study Ad.indd 1working inassociation withEssent alINFORMATION GROUP8/13/2012 4:04:01 PM

Page 13 Layout 1 04/09/2012 14:30 Page 1Mixed Use114 Ninian Park Road, Riverside, Cardiff, South Glamorgan CF11 6JEGUIDE PRICE 80,000 LOT 6Retail Unit with Self Contained First Floor LivingCorner end of terrace property comprising retail unit to ground floor with firstfloor 2 bedroom living accommodation. The retail area has recently been utilised asa general grocery/hardware store. The retail area benefits from further storage/kitchen/garage/wc facility to the rear. The self contained living accommodation is leton a residential tenancy for 6 months and comprises 2 bedrooms living/diningroom, kitchen and bathroom.Description:End Terrace PropertyGround Floor Retail Unit:Retail Front 49.92 sq m Retail Rear 16.23 sq mTOTAL 66.15 sq m (712 sq ft)First Floor:Lounge 2.95 m x 4.9m, Kitchen 3.13m x 3.16m, Bedroom One 3.84m x 2.99m,Bedroom Two 3.50m x 4.98m.DirectionsThe property is situated within the suburb of Riverside to the corner of WellsStreet and fronting Ninian Park Road which is one of the main throughfares intoCardiff City Centre within walking distance to The Millennium Stadium, CardiffCentral Railway and Bus Stations.ViewingPlease contact Auctioneer for appointment.For further information and legal pack go towww.auctionhouse.uk.netTenure: FreeholdServices: Interested parties are invited to make their own enquiries of the relevant authoritiesas to the availability of the servicesLocal Authority: Cardiff City CouncilSolicitors: Roger James, Clements & Partners, 72 Bridge Street, Newport, South Wales,NP20 4AQ. Tel: 01633 257844 Ref: Ms Jo SadlerFull Details: Photographs, room dimensions, floor plans and area measurements (whenavailable) are included within our full details online at www.auctionhouse.uk.net. All publishedinformation is to aid identification of the property and is not to scale

Page 14 15 Layout 1 04/09/2012 14:25 Page 1Multi-Let InvestmentThe Courtyard, George Street & 21 George Street, Pontypool, Gwent NP4 6LRGUIDE PRICE 250,000 - 285,000Multi-Let Commercial/Residential InvestmentA multi let investment property made up of a courtyard of five self containedretail units with offices above that was developed in 2005. To the front of thecourtyard is 21 George Street which comprises of a self contained groundfloor retail unit with a two storey four bedroom maisonette above. There isa central shared courtyard area with male and female wc's. The propertyprovides the opportunity of improving the rental income with the letting ofthe one vacant unit within the Courtyard. The ground floor of 21 GeorgeStreet is also let on a reduced rental.Unit 1 has been let on a new two year lease to commence on the 1stNovember 2012 at a rental of 4,160 pa. Unit 2 has been let on a new twoyear Lease from the 4th July 2012 at a rental of 4,160 pa. Six months renthas been paid upon completion of the Lease.DirectionsHeading north from the pedestrianised section of Pontypool Town Centrethe property can be found on the left hand side opposite NationalWestminster Bank.Viewings12th & 19th September 2012 - 11:00 - 11:30am.EPC's: There are multiple EPC's for the property which can be foundtowards the back of the catalogue and are also available from theAuctioneer's office.

Page 14 15 Layout 1 04/09/2012 14:25 Page 2LOT 7PROPERTYFLOOR AREARENT (PA)LEASE EXPIRY 2,400Monthly Tenancy 3,600Monthly Tenancy102.4 sq m (1,102 sq ft) 6,760November 2012Unit 1 The Courtyard 19.4 sq m (209 sq ft) 4,160October 2014Unit 2 The Courtyard 30.75 sq m (331 sq ft) 4,160July 2014Unit 3 The Courtyard 17 sq m (183 sq ft)VacantUnit 4 The Courtyard 20.2 sq m (217 sq ft) 4,160September 2013Unit 5 The Courtyard 37.5 sq m (404 sq ft) 5,750September 2013GF 21 George Street 33 sq m (354 sq ft)MaisonetteFirst Floor OfficesTOTAL 30,990For full details including room dimensions, floor plans,area measurements (when available) and legal pack goto www.auctionhouse.uk.netTenure: FreeholdServices: Interested parties are requested to make their own enquiries of the relevantauthorities as to the availability of services.Local Authority: Torfaen County Borough CouncilSolicitors: Quality Solicitors - Rubin Lewis O'Brien, Gwent House, Gwent Square,Cwmbran, NP44 1PL. Tel: 01633 867000. Ref: Jerome O'Brien Esq.Full Details: Photographs, room dimensions, floor plans and area measurements (whenavailable) are included within our full details online at www.auctionhouse.uk.net. Allpublished information is to aid identification of the property and is not to scale.

Page 16 Layout 1 03/09/2012 15:09 Page 1nResidential & Commercial Property AgentsnChartered SurveyorsnSurveys & ValuationsnDevelopmentnLandlord & TenantnProperty AuctionsOffices at:7 Baneswell Road, Newport NP20 4BP - 01633 2123337 The Arcade, Cwmbran NP44 1PQ - 01633 838888Email: info@nuttallparker.comwww.nuttallparker.comMichael Graham Youngwww.mgy.co.ukChartered Surveyors AuctioneersValuers & Estate AgentsSalesProperty ManagementNew HomesValuations & SurveysLettingsCommercialOffices at:Bay 02920 465466 Heath 02920 529026 Radyr 02920 842124

Page 17 AH copy 03/09/2012 15:10 Page 1LOOKING FOR FAST& AFFORDABLEPROPERTYFUNDING?WHETHER YOU ARE LOOKINGFOR FAST PURCHASE ORREFURBISHMENT FUNDING,AUCTION FINANCE ORCAPITAL RAISING,WE CAN HELP.SSTRAIGHTFORWARD,TRAIGHTFORWAARARD, SHORTSHORT TERMTERMFUNDING SOLUTIONSOLUTIONSSWITHWITH A PPERSONALERSONAL SERSERVICEVICE0151 639 7554LLQIR#EULGJLQJÀQDQFH VROXWLRQV FR XNQIR#EULGJLQJÀQDQFH VROXWLRQV FR XNZZZ EULGJLQJÀQDQFH VROXWLRQV FR XNZZZ EULGJLQJÀQDQFH VROXWLRQV FR XNpatronpPPRINCIPALRINCIPAL LLENDERENDER OF ININVESTMENTVESTMENT PPROPERTYROPERTY SHORSHORTT TERM FINANCE

Page 18 AH copy 03/09/2012 15:10 Page 1auctionhouse.uk.netauctionhouse.uk.net

Page 19 Layout 1 04/09/2012 16:02 Page 1

Page 20 Layout 1 04/09/2012 16:43 Page 1The most suitable propertiesfor auction include Properties for Improvement Tenanted Properties Residential Investments Development Propositions Building Land Mixed Use Properties Commercial Invesments Unique Properties Land (Development or Greenbelt) Lock Up GaragesIf you have a suitable auction property please call the Auction House team onCardiff 02920 475184 or Newport 01633 212555www.auctionhouse.uk.net

Page 21 SE Wales 04/09/2012 16:03 Page 1Non-Attending Bid or Telephone BidPlease also sign and return the reverse side of this formAUTHORISATION FOR BIDDING BY PROXY OR TELEPHONENameName of Company (if applicable)Of (address)PostcodeTel: Mobile:Hereby authorise Auction House to bid on my behalf by proxy / telephone (delete as applicable) bid for the property detailedbelow. I confirm that I have read and understood the General Conditions of Sale and signed the Conditions of Bidding by Proxyor Telephone set out overleaf.PROPERTY AND BID DETAILSLot No.Property AddressMy maximum bid (proxy bids only) will be: (amount in words)DEPOSIT (tick as applicable)I attach a cheque for 10% of my proxy bid or 3000, whichever is the greater, plus 300.00 ( 250.00 VAT Administration Charge)ORI attach a blank cheque to be completed by the Auctioneer if my bid is successful, within which he will include 300.00 ( 250.00 VAT Administration Charge)My cheque of is made payable to AUCTION HOUSE SOUTH EAST WALES(amount if applicable)SOLICITORSPlease obtain a quotation for me from an Auction House approved solicitor for the purchase of this propertyMy solicitors areOf (address)PostcodeTel Person ActingIf my bid is successful, I authorise the Auctioneer to sign the Memorandum of Sale on my behalf and recognise that I will be thelegally bound purchaser of the property referred to above and must complete the purchase of the property within the timespecified in the General/Special Conditions of Sale.Signed DatePLEASE MARK THE ENVELOPE EITHER PROXY OR TELEPHONE BIDPlease also sign and return the reverse side of this form

Page 22 SE Wales 04/09/2012 16:04 Page 1TERMS AND CONDITIONS FOR TELEPHONE BIDS AND BIDDING BY LETTERAnyone not able to attend the auction and wishing to make a bid for any property,do so on the following terms and conditions:1.The bidder must complete a separate authority form for each Lot involved, and provide a bankers draft, solicitor’s client’s account chequeor personal cheque for 10% of the maximum amount of the bid for each Lot. Please note the minimum deposit for any bid is 3,000PER LOT. We will require proof of identity in the form of a driving licence or passport and a utility bill.2.The form must be sent to, or delivered to: Written & Telephone Bids, Auction House South East Wales, 7 Baneswell Road, NewportNP20 4BP to arrive before 6pm two working days prior to the start of the auction. It is the bidders responsibility to check that the formis received by Auction House and this can be done by telephoning the office.3.In the case of a telephone bid the prospective purchaser should provide a blank cheque which the Auctioneer will complete on behalfof the prospective purchaser if the prospective purchaser is successful in purchasing the relevant property for 10% of the purchase price,plus the buyers premium or in accordance with the General or Special Conditions of Sale relating to the lot.4.The bidder shall be deemed to have read the “Important Notice to be read by all bidders”; the particulars of the relevant Lot in thecatalogue the general and special conditions of sale. The bidder shall be deemed to have taken all necessary professional and legal adviceand to have made enquiries and have knowledge of any announcements to be made from the rostrum of any amendments relating tothe relevant Lot. Announcements can and should be checked by bidders on the day before the auction. However, the Auctioneers willadvise the bidders of any announcements as soon as possible prior to the Auction.5.In the case of a written bid, Auction House staff will compete in the bidding up to the maximum of the authorisation. If no maximumis inserted, Auction House reserve the right not to bid.6.Auction House reserve the right not to bid on behalf of written bidders, in the event of any error, doubt, omission, uncertainty as to thebid, or for any reason whatsoever and give no warranty, or guarantee, that a bid would be made on behalf of the bidder and accept noliability.7.In the event that the written or telephone bid is successful, the Auctioneer will sign the Memorandum of the Contract on behalf of thebidder (a Contract would have been formed on the fall of the hammer).8.In the event of a Contract, the deposit monies will be applied so far as necessary to meet the requirement for a 10% deposit(minimum 3,000) and the balance of the deposit (if any) will be held by the vendors solicitor pending completion. An Administrationcharge of 300.00 ( 250.00 VAT) should be added to the deposit cheque or a separate cheque should be made payab

the NP and CF post codes, however we will look to expand further north and west into both Mid Wales and the Swansea region. . SE Wales IFC_SE Wales 04/09/2012 09:46 Page 1. Auction information The Catalogue Details of the property and land to be sold are set out in this catalogue. All lots are sold subject to Special Conditions of

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