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13 Great King Street
Edinburgh
EH3 6QW
Tel: 0131 624 6640
Email: info@sva-auctions.co.uk

SVA Property Auctions Ltd. Scotland’s independent auction service. Hammering home the advantage of a full auction service.

Terms & Conditions

Notice To All Bidders

  • Please note the General and Special Conditions of Sale at the back of this catalogue.
  • It will be assumed that all prospective purchasers have inspected the properties in which they are interested and have made the usual and necessary surveys and enquiries and bid solely as a result of such inspections, surveys and enquiries and not in reliance upon any representations or warranty whether written or implied and made by us on behalf of the Seller.
  • The successful bidder is under binding Missives as soon as the Auctioneer's hammer falls on his/her bid. Immediately thereafter the purchaser is required to hand to the Auctioneer's Clerk a note of his/her name and address and those of his/her Solicitors and to sign the Minute of Preference and Enactment and pay the required deposit before leaving the Auction Room.
  • A 10% deposit (minimum £1,000) on all successful bids must be paid by cheque or Banker's Draft (made payable to SVA Property Auctions Ltd) or by cash (maximum £5,000). In the event of the purchase being £1,000 or less, the full sum must be paid on the day of the auction. Please note we do not accept any form of credit or debit card.
  • Upon purchase of any Lot please complete the form provided by the Auctioneer's Clerk (a specimen of which is printed on the last page of the Catalogue) and hand it to the Clerk. The Minute of Preference and Enactment will then be completed by the Seller's Solicitor for signature and exchange.
  • All maps and plans are reproduced for the convenience of purchasers and do not form part of any contract. Reproduced from the Ordnance Survey Maps by permission of the Ordnance Survey on behalf of the Controller of Her Majesty's Stationery Office © Crown Copyright, All rights reserved ES027129.2000 and also from Prodat Systems plc under Promap Licence Agreement SVAPRO.
  • Although it is not specifically intended to sell any Lots prior to the Auction, prospective purchasers are advised to check with the Auctioneers on the day prior to the sale that any Lot or Lots in which they are interested will still be offered.
  • This catalogue does not constitute any part of any offer or contract and all statements contained herein as to the Lots are made without responsibility and are not to be relied on as statements or representation of fact and neither SVA Property Auctions Ltd nor the Seller make any representations or warranty whatsoever in relation to the Lots. Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in this catalogue.
  • In some instances letters, colour and hatching referred to in the Special Conditions of Sale may be omitted from the catalogue plans. Accurate lettering, servitude rights, etc. will be shown on the plans available for inspection in the offices of the relevant solicitor.
  • The particulars contained in this brochure were prepared during June and July 2014 with the exception of information supplied by the various Joint Auctioneers or Vendor's Solicitors or their agents.
  • Where possible Post Codes have been included as part of the address for each lot. The Post Codes are included only to assist interested parties in locating the Lots. Please note that, strictly speaking, Post Codes are only allocated to property to which there is a postal delivery and due to the nature of some Lots we have had to try and identify the nearest relevant postal address. In the circumstances no guarantee is given as to the accuracy or otherwise of the Post Codes in the brochure or whether they will be acceptable to the Keeper when recording a Title.
  • This catalogue contains details about properties being sold at auction. Those details are subject to change up to and including the day of the auction. Please check our website regularly at: www.sva-auctions.co.uk and/or contact us at the office on Tel: 0131 624 6640 to obtain any updates/errata relating to any lots in which you may have an interest. Also look out for any additional materials available on the day of the auction, in order to stay fully informed with the up to date information.
  • 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 (see below) and the reserve price for any lot can be subject to change up to and including the day of the auction.
  • Guide Price: The guide price or range of guide prices are given to assist potential bidders in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing, and as the reserve is not usually fixed at this stage. The reserve can be adjusted by the seller at any time up to and including the day of the auction. This may be in the light of interest shown during the marketing period. Where a guide price (or range of guide prices) is given the guide is the minimum price at which, or range of prices within which the seller might be prepared to sell. The last published guide price will normally be at or above any reserve price, unless the seller fixes the final reserve just before bidding commences. A guide price is different to a reserve price (see "Reserve Price" above). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

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