The Catalogues
Details of the property and land will be set out in our auction catalogues. All lots are sold subject to Special Conditions of Sale. All area’s and measurements included within the catalogues are approximate and are for guidance purposes only. All plans included are not to scale and for indicative purposes only. Interested parties should consult the Legal Packs for each property for specific Conditions of Sale and take special note of the required completion dates.
Pre Auction Sales
Offers made on the properties within the catalogue may be accepted by the Vendor prior to the auction. If you are intending to bid at the auction for a specific lot, we recommend that you keep in contact with the auctioneer’s office. The Auctioneer cannot be held responsible for the costs incurred in respect of any lot which is withdrawn or sold prior to auction.
Auctioneer’s office
The Auctioneer cannot be held responsible for the costs incurred in respect of any lot which is withdrawn or sold prior to auction.
Legal Packs
Legal packs for the properties will be available for inspection at least 14 days prior to the auction at the office from which the viewings are conducted and on the day of the auction (from 12 noon at Lion Quays). It is important you read these and the final addendum/alteration list which will also be available as any purchase will be subject to these.
Solicitors Details
The name, address and telephone number of the Solicitor who will be acting for you in any purchase will be required before you leave the auction room.
Deposit
The successful bidder will be asked to pay a deposit of 10% of the purchase price subject to a minimum deposit of £5000. Deposits can only be paid by Bankers draft, building society cheque or personal cheque. Please note, should the cheque have to be represented, an administration charge of £50 + VAT will be charged by deduction from the deposit.
Buyer’s Premium
For further details please refer to our auction catalogue or contact our offices.
Administration Charge
Purchasers will be required to pay by cheque, made payable to Bowen, or online transfer an administration charge of £250 + VAT in addition to the deposit. A VAT receipt will be issued after the auction.
Insurance
At the fall of the hammer the property becomes the purchaser’s insurable risk. Insurance will need to be arranged immediately after the auction.
Post Auction Sales
If a property you are interested in is not sold at the auction, please speak to the auctioneer and make an offer. Your offer will be put forward to the Vendor and if accepted, you will be able to proceed with the purchase under auction rules.
