April 22, 1899,
THE ESTATES GAZETTE,
670
pleasant old market town of Banbury, yet the repose and beauty of the pastoral scenes that here are constantly present to the eye is not by any means without its charm, and, in fact, does appeal to some minds more strongly than the romantic country of the Peak. Middleton Cheney is one of the nicest of such rural centres as one finds in the south midlands; it lies just on the border of Northamptonshire, and is within three miles of the town most famous in the youthful mind as the home of Banbury cakes. An agricultural estate at Middleton, comprising some 135 acres of superior pasture and arable land, is to be offered to auction at the Bed Lion Hotel, Banbury, on May 4, by Messrs. Castle, Son and Booth, and would well suit anyone desirous of acquiring a nice little country property. There is an excellent stone-built house on the estate, and a set of well-arranged farm buildings. A pleasantly-situated house known as Lexdon Lodge, with outbuild-ings, grounds and several acres of accommoda-tion land, also a smaller house, will be offered at the same time.
ויי* ■	״ ■	________________________
FURNITURE, PICTURES, BOOKS, ETC.
APRIL.
MONDAYS 24.—By Christie, ! Manson and Woods, at their rooms. King-street. St. James’s-square, at 1 o’clock—Objects of art, etc.
By Sotheby, Wilkinson and Hodge, at their rooms, IB, Wellington-street Strand, w.c., at 1 o’clock— Books, etc., and three following days.
By Giddy and Giddy. 4, Waterloo-place, Pall-mall, S.W., at 24, South Vale, Cf nt.ral-hill, Upper Norwood, at 1 o’clock—Furniture, etc.
By May and Rowden, 39, Maddox-street, Regent-street. W., at 90, Oxford-street, W., at 1 o’clock— Bronzes, silver and plated goods, etc., and three following days.
TUESDAY, 25.—Bv Elsworth and Knighton. 19, Exhibition-road, South Kensington, S.W., at21, Queen’s-gate-terrace, at 1 o’clock—Furniture, etc., and following day.
By Christie, Manson and Woods, at their rooms, King street, St. James’s-square, at 1 o’clock— Pictures, drawings, etc.
By Tooth and Tooth, at their rooms, 187 and 189 Oxford-street, W., at 12 o’clock—Furniture, etc.
By Walton and Lee, 10, Mount-street, Grosvenor-square, W., at 26, Grosvenor-place, S.W., at 1 o’clock—Furniture, etc.
By Taylor and Co., 44a, Wellington-road, St. John’s Wood, at Eyre Arms, Finchley-road, at 12 o’clock —Furniture, etc., and following day.
By Phillips, Son and Neale, at their rooms, 73, New Bond-street, atl o’clock—Chased plate, etc.
WEDNESDAY, 26.-By Phillips, Son and Neale, at their rooms, 73, New Bond-stieet, W., at 1 o’clock —Furniture, etc.
By Christie, Manson and Woods, at their rooms, King-street, St. James’s-square, at 1 o’clock— Silver plate, etc.
By D. J. Chattell, 29a, Lincoln’s-inn-flelds, and at Chislehurst, Kent.at Elmstead Grange Chislehurst, at 1 o’clock—Furniture, etc., and following day.
By Mullett, Booker and Co., Albion House, Hyde-park-squaie, at 63, Queen’s-gardens, Hyde-paik,at 1 o’clock—Furniture, etc.
By Cooper and Goulding, 41, Moorgate-street, E.C., at 29, Mildmay-park, N., at 12 o’clock—Furniture, etc.
By Messrs. Foster, at their gallery, 51, Pall Mall, at 1 o’clock—Pictures, drawings, etc.
By Perkins and Csesar, 105, Tooley-street, Southwark, S.E., at 5, Fernham-road, Thornton-heath at 12 o clock —Fur niture, etc.
By Robinson and Fisher, at their rooms, King-street, St. James’s-square, at 1 o’clock—Furniture,
THURSDAY, 27.—By Protheroe and Morris, at their rooms, 67 and 68, Cheapside, E.C.—Pictures, etc., and following day.
By Mullett, Booker and Co., Albion House, Hyde-park-square (in conjunction with Cartwright and Co., 23, Leinster-terrace, Lancaster-gate), at 20, Porchester-terrace, Hyde-park—Furniture, etc.
By Robinson and Fisher, at their rooms, King-street, ׳St. James’s-square, at 1 o’clock—Pictures, etc.
By John Barker and Co., Ltd., 159, Hammersmith-road, W.. and 52 to 56, Kensington High-street, W., at The Limes, Hayes, Middlesex, at 1 o’clock— Furniture, etc.
FRIDAY,28.—By Chiistie, Manson and Woods, at their rooms, King-street, St. James’s-square, at 1 o’clock — Objects ot art, etc.
By Sotheby, Wilkinson and Hodge, at their rooms, 18, Wellington-street, Strand, W.C., at 1 o’clock— Engravings,etc., and following day.
By Hampton and Sons, 1, Cock spur-street, S.W, at Hapstead House, Ardingley, Sussex, at 11 o’clock —Furniture, etc.
By Tooth and Tooth, at their rooms, 187 and 189, Oxford-street, W., at 12 o’clock—Furniture, etc.
By Wreford and Harding, at their rooms, 44a, Wilton-road, Victoria Station, at 6.30 o’clock— Furniture, etc.
SATURDAY, 29—By Christie, Manson and Woods, at their rooms, King-street, St. James’s •squaie, at 1 o’clock—Pictures, etc.
READY IN A FEW DAYS.
Crown 8vo, Price 6s. For Cash with Order os. net.
THE VALUATION OF LAND
AND
HOUSE PEOPEETT.
BY
CHARLES E. CURTIS, F.S.I.,
Professor of Forestry, Field Engineering and Surveying and General Estate Management at the College of Agriculture, Downton ; Consulting Forester to the Right Hon.
Loid O'Neill, Shane s Castle, Antrim ;
Author of “Estate Management” (Fourth Edition); “Practical Forestry ” (SecondlEdition), etc., etc.: with
VALUATION EXAMPLES
BY
D. THOS. DAVIES, F.S.I,
Ai,D
IVOR CURTIS, B.A. (Cantab.).
PRANK P. WILSON,
Estates Gazette” Office, 6. St. Bride-street, Lon Î02..R.C
With its vast population and great commercial activity there is little doubt that Liverpool furnishes every element necessary to ensure the financial success of a theatre. Some interest, therefore, attaches to the forthcoming offer to auction by Messrs. Branch and Leete, of that city, on May 10, of the Star Theatre there. This house, for many years carried on as the Star Music-hall, is one of the best-known theatres in the provinces, and enjoys a veiy large and general patronage. The building is of large dimensions, providing seating room for 2,000 people, and possesses every accommodation, both for performers and visitors; it has quite recently been rebuilt and refurnished at a considerable cost. The theatre occupies a first-class central position in Williamson-square, and quite close to the principal railway stations and hotels, and the new General Post Office.
* * *
A Select Committee of the House of Commons, presided over by Mr. Jeffreys, have this week been considering the Bill promoted by the Baker-street and Waterloo B-ailway Company, in which power is sought ■to make new lines in Marylebone, Paddington and St. Pancras, to construct a deviation line ■at Lambeth, and new subways at Charing Cross and Paddington. Mr. Pember, Q.C., Mr. Ernest Page, Q.C., Mr. W. J. Noble and Mr. Joseph Shaw appeared in support of the Bill. Numerous petitions had been presented against the Bill.
* * *
To those who are seeking a pleasant, old-fashioned house with a fair extent of gardens and grounds attached, nicely situated near to a good provincial town, the forthcoming offer to auction of the freehold residence, Aglionby House, Shrewsbury, will be of interest. This property, which will be submitted by Messrs. Hall, Wateridge and Owen, of Shrewsbury, at the George Hotel there, early in May, is a substantial structure occupying a delightful position on the outskirts of the old town. It is approached by	a carriage	drive extending
through a thriving plantation of firs, and comprises every accommodation for a gentleman’s family. The grounds extend over 3¿ acres, a portion being: devoted to the culture of vegetables and fruit; and here there is a range of glasshouses׳.
*	*	*
In every direction there seems to be a remarkable increase in the passenger traffic on the lines of railway having London termini. So great, indeed, has this growth been that no less than three of the large railway companies are obliged to spend enormous sums in enlarging their termini. The London, Brighton and South	Coast	Company	are	about	to
considerably extend and Improve Victoria	station,	principally	on account	of
the increased demands upon their main line; whilst the London and !South Western are entering upon a big scheme of enlargement of their Waterloo terminus. Mr. Owens, the general manager of the L. and S.W.B., stated, in evidence before the Select Committee of the House of Commons, on Tuesday, that the traffic to and from, Waterloo was increasing at an almost phenomenal rate, the bookings at that station having increased from18,000,000 ׳ in 1888, to 28,000,000 in 1898—an addition of 57 per cent.
* * *
Now, we learn, the South Eastern Railway Company are contemplating an enlargement of Charing-cross station at a cost of some £500,000. The station has for some years past been altogether inadequate for the amount of traffic that it should accommodate. It has, for instance, only four down lines, and of these two are used for local trains, and one is absolutely blocked from about half-past eight until 11 o’clock every morning by the Continental trains, leaving only one set of rails available during that time foi ordinary main-line traffic. Some years ago the company acquired nearly all the property in Craven-street, and it is now proposed to construct on this, the western, side of the station two additional main lines, with direct outlets to Craven-street and the Thames-embankment, thus not only increasing the station accommodation for trains, hut also relieving the pedestrian and vehicular traffic in the Strand. On the eastern side of the station there will also be two new lines laid down, and these will be utilised for the suburban traffic.
* * *
It is almost certain, too, that very soon the Great Eastern Railway Company, who carry many more passengers per diem than any other line will have to enter upon another expensive scheme of widening their line between Bethnal-green and Liverpool-street. An enormous sum was spent upon the enlargement of this terminus only a few years ago, but the widening of the line—an almost necessary corollary of that, scheme—was, for the time, deferred. It will, however, now bear no longer delay, for the expansion of the Colchester and Cambridge lines, now about to be carried out, will multiply the difficulty that already exists in getting the traffic in and out ׳of Liverpool-street; virtually, in fact, making its working impossible.
* * *
Though there is nothing grand or magnificent in the character of the country around the
£10 10s., and let on lease at £75 per annum, had reached £1,200 before the hammer fell. There is reason to believe that the auctioneer, Mr. E. F. Taylor, was prepared	to sell	at a	much	lower
figure. He	also received	good	prices
for three	medium	- sized residences
in Woburn ־	square,	W.C., on	the
Bedford Estate, each held on lease for a term of which 29 years only are unexpired at a ground rent of £28, and let on lease at rents amounting to £880 per annum. The three houses were sold separately for a total of £2,820 ; while No. 7, Torrington-square, W.C., let on lease at £90 a year, and held for an unexpired term of 21 years at a ground rent of £12, fetched £650 ; and No. 20, Thurloe-place, South Kensington, leasehold in tenure, being held for 79 years (less 10 days) from Lady-day, 1843, at a ground rent of £14 10s. per annum, estimated rental value £130 per annum, realised £900 There was no offer for a leasehold detached residence in Carlton-road, Putney-bill, offered with vacant possession. Mr. Howard Martin (Messrs. Thurgood and Martin) had on offer nearly six acres of freehold building land, situate on the main road, near Peters-field, Hants ; the property was purchased for £1,000. Cooper’s Nurseries, Hanworth, a freehold estate of over 64 acres with greenhouses, gardener’s cottage, etc., suitable for market gardening, fruit-growing and for building, was withdrawn at the same auction at £7,900. Two long-leasehold houses and shops, Nos. 5 and 6, Albany-road, Old Kent-road, held under separate leases for a term of which nearly 60 years are unexpired at a ground rent of £8 10s. a year each, and together producing £70 per annum, were sold by Mr. Henry Powell Norris (Messrs. Ball, Norris and Hadley) for £630, the same auctioneer also selling a long-leasehold suburban residence known as No. 7, Hillsboro, Eye-bill-park, subjected to a ground rent of £7, and let at £32 per annum, for £305. Mr. Joseph Hibbard (Messrs. Hibbard and Sons) found a purchaser	for	four leasehold dwelling
houses	in	Swanscombe - road, Chis-
wick, let to weekly tenants at rents amounting to £94 18s. per annum, 80 years unexpired, total ground rents £18 a year, at £855, and for two shops and dwelling houses, Nos. 11 and 13, Hornshay-street, Old Kent-road, the former let at £32 per annum, and the latter at £28 13s., leasehold for 62 years unexpired at a ground rent of £6 each per annum, at £305 and £265 respectively. Mr. Hibbard also sold the long-lease of a house in Mildmay-road, Islington, let at £42 per annum, ground rent £7, for £400, and a freehold residence in Bulwer-road, New Barnet, let at £30 per annum, for £500. The day’s proceedings closed with a comparatively small total.
Onlooker.
Jiotfs bg tijt Mag.
—:•!—
The Earl of Rosebery has been unanimously elected chairman of the Epsom Urban District Council, to which he was recently returned at the head of the poll.
*	*	*
The	estimated	cost	per	mile	of the various
new electric railways in the metropolis, which have been projected, is as follows:—That for the Central London Railway is £585,000 per mile; the Baker-street and Waterloo, £575,000; the Great Northern and City, £652,000 ; the North-West London, £485,000 ; and the Great Northern and Strand, £502,000.
*	*	*
A scheme has been set on foot for the extension of the boundaries of the “queer, quaint old city of Chester,” where “the very streets are galleries,” according to Thomas Fuller. However, at the Chester Town Council meeting the other day, a communication was read from the Local Government Board refusing the proposed extension of the city so as to include the urban district of Hoole, part of the townships of Great Boughton, Saltney, and Newton-by-Chester, and part of the parish of Lealand. * * *
The demolition of the house on the left side of Crosby Hall, Bishopsgate, has revealed some curious Gothic foundations, but whether these belong to the fine old palace mentioned by Shakespeare, which was inhabited for a brief time by Richard III., or to the adjacent convent of Great St. Helens, has not yet been ascertained. Most probably the two fine Gothic arches which can now be seen from the street formed part of the vaults of Crosby Hall. The stone is splendidly ׳cut, and the arches are of imposing dimensions.
of the properties, remarked that the day had long gone by for auctioneers to be given to romancing and sayiDg that which they did not believe. A large and distinguished audience,including many surveyors, gathered before Mr. E. H. Bousfield (Messrs. Fox and Bousfield), who sold the Corporation lease of the modern business premises, Nos. 10 and 10a, New Bond-street, let at £790 per annum, for £18,200; and the City freehold. No. 35, Moorgate-street, held at a rent of £450, for £6,200.
Thursday.
Of the eleven leasehold Leaseholds houses in Nettleton-road, New-New cross. cross> offered this afternoon by Mr. Skitt (Messrs. Humphreys, Skitt and Humphreys) five were sold under the hammer, and, judging from the demand shown, the remainder are likely to change hands almost immediately. The residences are held for an unexpired term of 46 J years each at a ground rent of £5, and with one exception are let at from £30 to £86 a year. The lots realised about £325 each, or a total of £1,700. A semi-detached house, No. 280, New-cross-road, let on a yearly tenancy at £45 a year, leasehold for 42-J years at a ground rent of £8, fetched £460, whilst a long-leasehold residence in Perry-hill, Catford, let at £36 per annum, ground rent £5, was bought for £400. The withdrawals at this auction included a family residence at Burnt Ash-hill, Lee, of the estimated rental value of £75, long leasehold, which was bought in at £1,000, and a freehold corner house, No. 81, St. George’s-lane, Lewisham, of the estimated rental value of £60, which was similarly dealt with at £900. Messrs. Wood, Furness and Co. had on offer the 73 years’ lease of the old-established business premises known as the Potteries, Pottery-road, Brentford, which, with a detached double-fronted dwelling house and three cottages, cover an area of one acre, and are subjected to a ground rent of £80. The whole of the premises are of the estimated rental value of £250 per annum. The property, which was submitted together with the goodwill and plant, was withdrawn at £1,000. An area of six acres of freehold land situaie at Alperton, and worked in connection with the potteries, was withdrawn at £1,620. There were no buyers for two town houses submitted under the hammer of Mr. H. C. Trollope (Messrs. Trollope). The residence of the late Mr. G. A. Spottiswoode, No. 3, Cadogan■ square, with stabling, leasehold for an unexpired term of 74 years at a ground rent of £30, and containing 14 bed and dressing rooms, two bath rooms, four reception rooms, with inner and outer halls and other accommodation, was bought in at £36,000, when the bidding had reached £34,700, whilst the double-fronted house, No. 4, Herbert-crescent, Hans-place, Chelsea, was also withdrawn. For a Thursday the supply of brick and mortar investments of the usual class was only moderate. Leasehold houses in Taehbrook-street, Yauxhall; Bond-street, Pimlico, and Crownfield-road, Leytonptone, also 27 plots of freehold building land in Walthamstow, were withdrawn by Mr. Edward Stimson (Messrs. Stimson and Sons), who, however, was able to sell five houses in Queen’s-road, Battersea, held for an unexpired term of 66 years at a ground rent of £87 10s., and producing £240 per annum, for £2,700 ; five freehold houses in Cobden-road, Norwood, for £1,150, and also some small leaseholds al Camberwell and Pimlico. Good prices were realised for some freehold properties offered by Mr. H. J. Bliss (Messrs. H. J. Bliss and Sons) particularly in regard to investments at Mils-end, Walthamstow and Finchley. Two freehold residences in St. Andrew’s-square, Surbiton, of the estimated rental value of £130, were sold by Mr. Cartwright (Messrs. Nott and Cartwright) for £1,400 One of the principal lots submitted al Messrs. H. E. Foster and Oranfield’f periodical sale was a reversion to £1,600 Margate Waterworks Stock, life aged 61, which was sold for £850.
Friday.
Shop Property Tllis afternoon the bid-near ding for the business pre-Westbourne- mises, No. 44, Ledbury-road, grove. Bayswater, two doors only from Westbourne-grove, held for an unexpired term of 50 years, at a ground rent of