579
THE ESTATES GAZETTE
April 8, 1899.
house in Upper Ground-street, Blackfriars Bridge, copyhold of the ancient manor of Old Paris Garden, let on a monthly tenancy, and producing £45 per annum, being sold for £800. Mr. Field mentioned that, unlike copyholds in general, no fines, heriots, or quit rents are enforced against the owners of property in this minor, the lordship being held by lord’s trustees for the benefit of the copyholders. Those copy-holders attending the half-yearly courts participate in the profits of the manor, and some of the rights and privileges usually enjoyed by the lord of the manor are extended to them. Apart from this the history of the manor is interesting and unique, and these small properties confer on the owner equal rights with	holders of large estates, and
carry also a vote for	the eastern
division of the County of Surrey. Another copyhold dwelling house adjacent, producing £18 4s. per annum, was sold for £200, whilst two houses and shops, Nos. 138 and 140, Commercial-road, Peek-ham, and Bridge Wharf at the rear, leasehold for 47 years unexpired at a ground rent of £12, and producing £105 per annum, fetched £675. Two terrace residences, Nos. 67 and 73, Studley-road, Clapham-road, together of the rental value of £84 per annum, held upon leases having about 38J- years to run, at a ground rent of £4 per annum each house, were sold by Mr. W. J. Gore (Messrs. Robins, Gore and Mercer) for £820. On the whole the amount of business transacted during the two days was not very satisfactory. It is expected, however, that the results next week, when there will be an abundance of properties on offer, will show a vast improvement.
Onlooker.
Yillas
at
Catford.
H(ull Corporation and Cattle Auctioneers.—At a recent meeting of the Hull Corporation Markets Committee, the clerk read a letter signed by 21 of the auctioneers attending the Hull Market, in response to a circular sent out by the Town Clerk at the request of the committee. The letter stated that the auctioneers were agents for the vendors, and did not object to give guarantees whenever they were requested by the vendors so to do. The chairman presented a report as to the guaranteeing of animals as fit for human food. He said that the most striking feature of the past few weeks had been the marked absence of inferior and doubtful animals offered for sale. A large number of animals were disposed of in a limited time, and the short time occupied precluding careful examination at the time of sale. Taking advantage of that fact, there were dealers who had been in the habit of collecting doubtful animals and rushing them through the auction pens. One of the objections of the auctioneers to give a guarantee was the unreliability of the men who were in the habit of doing this. He suggested the appointment of a sub-committee to enquire into the whole question of the regulations, conditions and circumstances under which animals intended for human food were received at and distributed through the cattle market, and report thereon. The chairman added that he had been at some trouble to make the fullest enquiries, and he had come to the conclusion that the market had been used for purposes for which they never intended it. He found that during last year there were 13,879 head of cattle sold in the market, 75,800 sheep, 4,138 lambs, and 19,989 pigs. The market commenced about 12.30 and was over by 4 o’clock. That was 3¿ hours, and on that calculation there were 618 animals sold every hour, or more than 10 per minute. Allowing for returns to the butcher, to the market and reasonable amount for clerks, drovers, etc., he took it the auctioneers made last year £1,503 11s. 2d. from beasts, £1,461 7s. from sheep, and £833 Is. lOd. from pigs, or a total profit of £3,798. The committee, after paying all the expenses of the market, last year only received £573 9s., and their profit was a little under 29s. per cent, on a valuation of £40,000. After discussion the report was ordered to be entered on the minutes, and a sub-committee was appointed to consider the question of the future management of the market.
£2’per annum, and also of the owners and occupiers of the houses on the north side for an unexpired term of about 50 years. On the expiration of these terms the freehold of the garden will become the absolute property of the purchaser, subject only to the right of user by the owner of the freehold houses on the north side. The income produced was £52 per annum gross, and £19 10s. net. Another property sold by Mr. Izard comprised a three story freehold warehouse, known as St. Mary’s Granary, Church-street and Tunnel-road, Rother-hithe, let at £40 a year. This investment realised £460.
Investors were afforded an excellent opportunity by the offer of some very choice suburban properties by Mr. J. W. Hawkins (Messrs. Hawkins andEdgecombe), in whose room there was a good attendance. Contrary to my expectations, however, the bidding in several instances was extremely slow and uninteresting. It was difficult to account for the withdrawal of eight long-leasehold houses, two shops, stable and workshops in Picardy-street, Belvedere, Kent. The property is let to first class weekly, monthly and yearly tenants, at a total rental of £241 8s. per annum, and the lease expires in 1966, the ground rent on the whole being only £20. It was withdrawn as a whole at £1,580, and then offered in lots with no better result. In other instances Mr. Hawkins met with a fair measure of success. Four semi-detached villas in Charsley-road, Bromley-road, Catford, let	to monthly tenants and pro- '
ducing £105	4s. per annum, and |
held on leases having about 78 years I unexpired at a ground rent of £6 15s. per | annum each, were sold after a fairly good competition for £830. Eight freehold cottages in Lybam-road, Brixton-hill, producing £227 10s., were sold by the Covent-garden auctioneer, for £2,120. Among the numerous lots sold by Mr. Edward Stimson (Messrs. Stimson and Sons) were four shops and 16 houses in Southampton-street and Ridd ell-street, Camberwell, producing £352 4s. per annum, and held for the short term of 18J years at £17 10s. ground rent on the whole, which together realised £1,120 ; a freehold house in Lambeth-road, Southwark, let at £45 a year, which fetched £650, and two leasehold residences in Mordaunt-street, Pulcross-road, Brixton, let monthly, and producing £55 a year, 66J years’ lease, ground rent £10 5s., which were disposed of at £555. An aggregate of over £7,770, realised at Messrs. H. E. Foster and Cran-field’s periodical sale of reversions, etc., brought the day’s total to £30,556.
Friday.
A freehold and part copyhold estate, distinguished as Stan-don Farm, Standon, Herts, consisting of about 178 acres, and let at £140 per annum, was submitted this afternoon by Mr. E. J. Bridgman (Messrs. Bridgman and Son, of Waltham-cross), and sold within a very few minutes for £2,350. The tenancy can be determined by 12 months’ notice from Michaelmas of this year, so that the purchaser can have early possession of the estate, portions of which are ripe for conversion to nursery or building purposes. A freehold and modern warehouse at the corner of Pitts’s-place, in Green-bank, Tooley-street, let upon lease for seven, 14 or 21 years, to Messrs. Peek Bros., Winch and Company, Limited, at a rental of £675 4s. 5d. per annum, was in the hands of Mr. James F. Field (Messrs. Field and Sons), but the bidding did not reach the reserve, the auctioneer declaring the property withdrawn at £13,450. Although not so successful as usual, three other properties in his list being withdrawn, Mr. Field secured some good prie°s, a dwellin';
Farm
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Alexander, of Cardiff, offered to auction a large number of freehold ground rents, ^ well secured upon properties on Richards’ Newbridge Estate, Pontypridd and Treforest, These, together with their freehold reversions in from 30 to 90 years, realised a total of £14,690. A freehold mineral property, consisting of a farm, with farmhouse and buildings, together with three cottages and a piece of garden ground, containing in the whole 20a. Or. 15p., o׳f pasture land, was sold for £1,200. The coal and other minerals underlying the property, a small portion of which have been worked, were included in the sale. Messrs. Blosse and Arthur Waldron, and Messrs. Rickards and Blosse, of Cardiff, and Messrs. Spickett and Sons, Pontypridd, were the solicitors concerned.
JWems from the ]Wart
Thursday.
The holiday time being “Stella” Passe<f and gone business was Disaster, resumed in earnest at Token-house-yard this afternoon. There was very little attraction at one o’clock, consequently the attendance at that hour was only moderate. Later on, however, the sale rooms filled rapidly and the utmost activity prevailed. In between the sales there was much talk about the lamentable disaster in the Channel, in fact the wreck of the Stella formed the principal topic of the conversation, many habitués of the Mart having had occasion to mourn the loss of a friend. Knowing that a few of my acquaintances had expressed their intention of spending the Easter holidays in the Channel islands I naturally took the first opportunity of enquiring whether they were on the ill-fated boat. “ No,” said one of their number in answer to my question, “ happily we were not. On Thursday morning we resolved to decide upon the route by spinning the coin. My friend wanted to go via Southampton, whilst I favoured the Great Western route via Weymouth. It was‘heads,’and I won. I shall always treasure that coin for it has saved our lives.”
A large amount of business RCS at”068 was transacted by Mr. G. F. Highbury. Edwards (Messrs. Newbon, Edwards and Shephard), who disposed of a large number of houses in North London districts at excellent prices. Mr. Edwards was particularly fortunate in regard to nine long-leasehold houses without basements, at Highbury-hill. They are each held for an unexpired term of 78 years at a total ground rent of £20 7s., and together produce £414 per annum. The prices realised amounted to £5,750. Among other properties sold by Mr. Edwards was a house with good accommodation in St. Paul’s-road, within two minutes of Highbury - corner. Adjoining this
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NOW READY.
LAND AND HOUSE PROPERTY YEAR BOOK
FOR 1898.
A GUIDE TO INVESTMENTS IN REAL ESTATE. SHOWING AT A GLANCE THE RESULTS OF SALES FOR 1898.
FRANK P. WILSON,
“.ESTATES GAZETTE” OFFICE, 6, ST. BRIDE STREET, LONDON E.C•
ls
a large yard with extensive ranges of stabling and workshops. The total rental produced from the property, which is held for 46 years unexpired at a ground rent of £50 a year, is £652 18s. It fetched £3,660. There was an ageregate realisation of £10,615 as the result of this auction. Messrs. Bowditch and Grant were able to dispose of a pair of freehold villas in Amberley-grove, Morland-road, East Croydon, producing £62 a year, at £800, butother leasehold residences in the same locality were withdrawn. A long-leasehold shop and dwelling house, No. 54, Wells-road, Sydenham, let at £35 a year, and subjected to a ground rent of £3, had been sold privately by the Croydon firm, for £400. A long-leasehold house in Eastbourne-terrace, Paddington, held upon lease for 40 years unexpired at a ground rent of £12, and estimated to produce £100, was sold by Mr. Charles Hall, for £800, and three leasehold residences in Bayliam-street, Camden Town, producing £131 per annum, and held for an unexpired term of 11 \ years at a ground rent of £54, were “ placed” by the same auctioneer at £245. Mr. William Izard (Messrs. Izard, French and Izard) obtained £300 for a plot of freehold land, known as Arundel-gardens, Notting-hill. It appeared that the garden was subject to the user by the owners and occupiers of the 26 houses on the south side for an un expired term of about 60 years, each of whom pay a rent-charge of
Betton-street, there, with stabling and gardens, for £730. The vendor’s solicitor was Mr. R. A. Newill.
SOMERSETSHIRE.
At the George Hotel, Chard, on the 29tb ult., Messrs. W. C. Warren and Son, sold a long leasehold cottage, with garden, orchard, and outbuildings, situate at Wadeford, for £121, and a piece of arable land containing about one acre, for £31. The solicitors acting for the vendor were Messrs. Tucker and Forward. Chard.
At the Grand Hotel, Broad-street, Bristol, on March 28, Mr. Edward T. Barker, of the firm of Edward T. Parker and Son, offered for competition a number of freehold ground rents payable out of properties in the district. There was a good competition for the lots, and amongst the prices realised were the following :—Three rents of £2, £2 10s. and £2 10s., payable out of Nos. 1, 3 and 5, New Amberley-street, realised £210 ; three of £2 10s. each, payable out of Nos. 7, 9 and 11, New Amberley-street, sold for £184 ; three of £2 10s. each, payable out of Nos.
13,	15 and 17, New Amberley-street, fetched £180 ; two of £2 10s׳. each, payable out of Nos. 19 and 21, New Amberley-street, sold for £120 ; four of £2 10s. -each, issuing out of Nos. 27, 29, 31 and 33, New Amberley-street, realised £240 10s. ; one of £3, payable out of No. 35, New Amberley-street, sold for £72 ; -one of £2 10s., payable out of No. 16, New Amberley-street, realised £60 ; four of £2 10s. each, payable out of Nos. 8, 10, 12 and 14, New Amberley-street, realised £240 ; one of £2 10s., payable out of No. 6, New Amberley-street, fetched £60 ; one of £2 10s., payable out of No. 4, New Amber-ley-street, sold for £60 ; two of £2 10s. each, payable out of Nos. 11 and 13, Haversham-street, sold for £120 ; two of £2 10s. and £4 4s., payable out of Nos. 29 and 31, H-aversham-street, realised £160 ; three of £2 10s. each, payable out of Nos. 4, 6 and 8, Haversham-street, sold for £185 ; two of £2 10s. each, payable out of Nos. 44 and 46, Beaumont-street, realised £120 ; six of £2 10s. -each, payable out of Nos. 48, 50, 52, 54, 56 and 58, Beaumont-street, were knocked down at £363 ; five of £2 10s. each, payable out o-f Nos. 6, 8, 10, 12 and
14,	Be-dford-street, fetched £310 ; one of £3, payable out of No. 17, B-edford-street, sold for £73 ; one of £2 10s., payable out of No. 16, Haversham-street, realised £60; two of £2 10s. each, payable out of Nos. 18 and 20, Haversham-street, sold for £120 ; four of £5 5s. each, payable out of Montrose, Fairfield-road, shop adjoining, Helmsdale Villa, Fairlawn-road, and dwelling house adjoining, fetched £565 ; one of £3 10s., payable out of Orchid Villa, Sefton-park-road, sold for £87 ; one of £3 10s., payable out of Tamar Villa, realised £87. Messrs. .T. L. and E. T. Daniell acted as solicitors to the vendors. Mr. Parker also sold, at the Swan Hotel, Stoke’s Croft, Bristol, on the same date, the range of workshops, coach-house and stabling, in Cheltenham-l-ane, at the rear of the Post Office, Cheltenham-road, freehold, subject to an annual ground rent of £7 7s., for £287 10s. The residence, No. 32, Fernbank-road, did not quite reach the reserve, and was withdrawn. Messrs. Bobbett Bros, acted as solicitors to the trustees. Mr. Parker -also sold by private treaty the residence, No. 1, Stanley-avenue, which was recently offered by auction, for £330 ; No. 2, Stanley-av-enue, for £240 ; and a cottage at Nailsea for £220. The total of the week’s sales amounted to £4,754.
STAFFORDSHIRE.
On March 28 Messrs. Fergyson and Son, of Leek, sold the Froghall Colour Mills, together with manager’s house, having a total area of 4a. 3r., for £1,700. Messrs. Challinors and Shaw were solicitors for the vendors.
YORKSHIRE.
On March 28 Mr. C. H. Wardill offered at the Crown Inn, Bridlington, two freehold cottages, with gardens, before a good company. The bidding was started at £150, and quickly ran up to £295, at which sum the property was sold. Mr. Alfred West was the solicitor concerned.
On March 29, at their mart, Hull, Messrs. N. Easton and Sons sold by auction the following local properties: —Three	houses in Charles-street, Nos
76, 77^ and 78, for £480, £550 and £610 respectively; two houses, Nos. 41 and 42, King-street, for £455 ; ten houses in Franeis-street, Nos. 55 to 65, for £1,290; two houses and a plot of ground in Craven-street, for £305 ; six houses and gardens in Maple-street, Nos. 40 to 50 (even), for £730; a house in Church-lane, for £135; four houses, with workshop and yard in Pease-street, gross rental £77 15s. 8a., for £550; No. 75, Portland-street, rental £15, for £167 10s. ; No. 124, High-street, and heuse behind, for £200 ; a corner plot of land in Anlaby-road, containing 5,057 square yards, ׳for £455 : the corner business premises, No. 45, Waterhouse-lane, for £520; and the freehold residence, No. 13, Peel-street, rental £32 for £545.
WALES.
At the New Inn, Pontypridd, Glamorganshire, on the 29th ult., Messrs. Stephenson and