FOR SALE BY TENDER. GUIDE PRICE: 210, Churchbank 1 Teresa Mews Walthamstow London E17 3BE. CLOSING DATE: 12pm Monday 24th February 2014

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1 FOR SALE BY TENDER GUIDE PRICE: 210, Churchbank 1 Teresa Mews Walthamstow E17 3BE Swish 1 Bed Top floor Apartment Parking Space / Fitted Kitchen Close to High St, Shops, Market Close to Walthamstow Village. CLOSING DATE: 12pm Monday 24th February 2014 Contact Douglas Allen, Walthamstow on

2 36 Churchbank, 1 Teresa Mews, Walthamstow,, E17 3BE For Sale by Informal Sealed Tender GUIDE PRICE: 210,000 TENURE: Leasehold Subject to Contract Description Closing Date: 12pm Monday 24th February 2014 Churchbank is a block of modern apartments set right in the heart of Walthamstow Central, the amenities are second to none! This flat comes with it s own allocated parking space, so never a problem in regard to getting home late at night and not having anywhere to park, because it is purpose built you never have to worry about mowing the garden, painting or getting on the roof for a slipped tile, easy living! Literally minutes walk to the tube, train and bus stain getting into the city is a breeze. You have the famous Walthamstow High Street on your doorstep, a bustling east end market with the longest street market in Europe, loads of stalls to browse and grab a bargain. There are frequently themed markets, such as a Farmers Market and French Markets. There is a modern shopping centre called The Mall a modern shopping centre with all the big names we know and love. Due at the end of the year is the new development at the top of the High Street, a new Empire Cinema, shops and restaurants. In Walthamstow village there re a number of small boutiques to peruse; antique, retro and designer shops are a good way to get inspiration for your new property. Planning Details All Enquiries to: Waltham Forest Council Environment and Regeneration Sycamore House Forest Road E17 4JF Tel: Viewing By appointment with our local Douglas Allen office at 1 Central Parade, Hoe Street, Walthamstow,, E17 4RT. Tel: Please note that these particulars do not constitute or form part of an offer or contract, nor may they be regarded as representations. All interested parties must verify their accuracy and your solicitor must verify tenure/lease information, fixtures and fittings and planning/ building regulation consents. All dimensions are approximate and quoted for guidance only. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.

3 36 Churchbank, 1 Teresa Mews, Walthamstow,, E17 3BE Sealed Informal Tender Bid - Rules and Procedure For Sale by Informal Sealed Tender (Subject to Contract) 12pm Monday 24th February Offers are invited for the above property by sealed informal tender only. Bids must be received at Walthamstow branch by 12pm on Monday 24th February All bids must be stated in pounds sterling only. All tenders must be submitted on the attached bid form which must be fully completed and signed. All tender bids must be accompanied by verification of financial ability to proceed with and complete the purchase. Bids must be sent to Walthamstow branch only in a sealed envelope, using the attached envelope label only. Bids must be sent by post, courier or delivered by hand. Bids sent by or fax will not be accepted. 2. Bids will not be accepted if: The attached bid form is not used and fully completed and signed. The attached envelope label is not used. The envelope is not sealed. The bid is sent by , fax or any other method than those stated as acceptable above. The bid is received after 12pm on Monday 24th February Any inducement payments are offered or given to any member of our staff. 3. Tender bid envelopes will not be opened until after 12pm on the closing date. In order to ensure a fair tender process, bids cannot and will not be discussed with either the seller or any person submitting bids before this time. 4. All correctly submitted tender bid envelopes will be opened by the Branch Manager or a senior member of staff at Walthamstow. Wherever possible the seller or seller s representative will be present. If this is not possible then the tender bid envelopes will be opened by the Branch Manager and one other member of staff. 5. All correctly submitted tender bids will be submitted to the seller for consideration. The seller reserves the right to decline any offer and their decision is final. There can be no recourse to the seller(s) and/or Arun Estate Agencies Ltd for any costs incurred in making a tender bid or proceeding with a purchase (if accepted) that fails to exchange contracts and/or complete. 6. Persons submitting tender bids will be notified of the outcome verbally. The person submitting the successful offer will also be notified in writing in a memorandum of sale upon receipt of details of both parties legal representatives. 7. The sale will be subject to any conditions, restrictions and/or timeframes as may be agreed by negotiation through our staff and these will be stated in the memorandum of sale, which should be checked by both parties before proceeding to ensure accuracy. 8. An introduction fee of 2% + VAT of the contracted sale price or 2, VAT (whichever is greater) will be payable if the tender bid is accepted and a sale results at any time. This fee is payable for execution of the introduction only, not for any advice or service to the buyer. Arun Estate Agencies Ltd remains duty bound to their client seller at all times. This fee becomes due for payment on exchange of contracts. The total fee will be confirmed in our memorandum of sale and must be lodged with the purchaser s legal representative prior to exchange of contracts and settled by the purchaser s legal representative within 10 days of completion of the sale. Interest may be charged at 3% per annum above Barclays Bank base rate if the account remains unpaid after this time. All enquiries should be directed to Douglas Allen Walthamstow, tel: , walthamstow@douglasallen.co.uk.

4 Sale by Informal Tender Bid Form (Subject to Contract) TO BE RECEIVED BY: 12pm Monday 24th February Churchbank, 1 Teresa Mews, Walthamstow,, E17 3BE SUBJECT TO CONTRACT Name and address of tenderer Contact telephone number(s)... Funding details: Cash immediately available Y / N. Where held... Mortgage required Y / N. AIP with which lender... Amount of deposit immediately available... Position: First Time Buyer / Nothing to sell / Property to Sell Property on market / Under Offer Selling agent... Amount of tender *... Amount in words... *This excludes Arun Estate Agencies Ltd introduction fee as stated below which must be budgeted for in addition to the tender sum. Agreement I/we understand that the seller(s) is entitled to decline any offer and that their decision is final. I/we understand that there can be no recourse to the seller(s) and/or Arun Estate Agencies Ltd for any costs incurred in making this tender bid or proceeding with a purchase (if accepted) that fails to exchange contracts and/or complete. I/ we understand that an introduction fee of 2% + VAT of the contracted sale price or 2, VAT, whichever is greater, will be payable if I/we purchase this property at any time. This fee becomes due for payment on exchange of contracts. I/we acknowledge the this fee is payable for execution of the introduction only, not for any advice or service to the buyer, and that Arun Estate Agencies Ltd remain duty bound to their client seller at all times. The fee will be confirmed in Arun Estate s memorandum of sale and must be lodged with my/our solicitor prior to exchange of contracts and settled by my/our solicitor within 10 days of completion of the sale. I/we understand that interest may be charged at 3% per annum above Barclays Bank base rate if the account remains unpaid after this time. Signature...Date... Print Full Name...

5 Sealed Offer Branch Manager Douglas Allen 1 Central Parade Hoe Street Walthamstow E17 4RT 36 Churchbank, 1 Teresa Mews, Walthamstow,, CLOSING DATE: 12pm Monday 24th February 2014