Aplil 29, 1899.
THE ESTATES GAZETTE
716
Messrs. James Hoddell and Oo., of Cleve-don, have recently sold the detached residence known as Mendip Lodge, Clevedon, with gardens and shrubbery.
Messrs. Wm. R. Nicholas and Co., of Bla-grave-street, Reading, and 60, Pall Mall, S.W., have recently sold the old-established and the well-known Queen’s Hotel, Reading; at a very satisfactory figure.
The freehold residence known as Ohilworth, No. 147, Devonshire-road, Forest-hill, with well-matured gardens of three-quarters of an acre, which was not sold when offered to auction at the mart on Tuesday, by Mr. H. J. Bromley, has now been disposed of for £1,500.
Three plots of freehold building land, each with a frontage of 21ft. 2in. to High-street North, Dunstable, which were not sold by Mr. W. H. Derbyshire at his auction on the 19th instant, have now been disposed of by him in one lot for £300.
Messrs. Driver and' Oo. have now disposed of Fairmile Park, which formed lot 1 of the property near Cobham which they offered to auction on Monday last. It comprises about 40 acres, of which 35¿ acres are building land, as well as The Griffin beer-house, a residence known as South Lodge, four pairs of semi-detached villas, and three cottages.
Messrs. HeWett and Lee, of Guildford, have sold six freehold villa residences in Addison-road, Guildford, for £1,700 ; 11 modern built-dwelling houses in the Stanley-road, Woking, for £1,800; two modern built dwelling houses in the Maybury-road, Woking, for £400; and 47 freehold building plots on the Foxenden Estate, Guildford, for £3,023.
Messrs׳. Neve and Son, of Tonbridge, have just sold eight acres of freehold land abutting on to the railway in that town, to Messrs. Truscott, who are about to remove the whole of their important printing and manufacturing stationery works, employing some 800 hands, to Tonbridge. The same firm have also disposed of the freehold residence and grounds known as Marlfielcl; House, Tonbridge, the residence of the late Judge Homersham Cox.
Mr. Walter Hughes, of Walsall, has recently sold the Crown and Swan Hotels, Chase town, Staffordshire, for £8,000; the Freemason’s! Arms, Park-street, Walsall, for £6,000 ; a beer-house at Bloxwich, for £1,450; a Walsall heer-house, with adjacent property, for a sum close upon £3,000; a beer-house in Earl-street, Coseley, for £1,050; freehold' land belonging to the Queen Mary’s Schools Estate, Walsall, for £427; and a leasehold residence in Lichfield-street, Walsall, for £1,250.
Mr. Frederick Warman, of Spencer House, Highbury-corner, has recently sold the following properties:—Tenby House, Hendon; 6, Highbury-quadrant, 49, Aberdeen-road, Highbury ; 12, Park-lane, Olissold-park ; 37, Sothe-by-road, Highbury-park;	44, Behwell-road,
Drayt-on-park; 45, Oarysfortcroad, Olissold-park: ; 161, Eairbridge-road, Holloway; 101 and 103, Queensland-road, Holloway;	25,
Girdlestone-road, Highgate; 54, Pyrland-road. Canonbury;	66, Newington-green-road;	1,
Stanley-gardens, Hampstead; 171, Highbury New-park, and 58, Brewery-road; the prices realised amounting to over £10,000.
The Ohalkwell Ball Estate, Southend-on-Sea, which was offered for sale by auction, at the London Mart, on March 23 last, by Messrs. Farebrother, Ellis and Co., has now been sold by them. The property comprises 262 acres of valuable freehold building land, being the southern slope of a charming hill with extensive views, and1 having over half a1 mile of sea frontage forming a splendid sea drive extending from Leigh to Southend. The principal features of the estate were dealt with in a special article, which appeared in our issue of March 11. The purchaser, for whom Messrs. Protheroe and Morris acted, is Mr. E. E. Rayner, of 30, Walbrook, and the price paid for the property is £100,000.
Messrs. Hampton and Sons have disposed of the following properties:—- Lyne Grove, Virginia Water (the remaining portion of this estate, about 220 acres); the late Sir Henry Bessemer’s house on Denmark Hill, a grand mansion, with stabling and grounds of 18 acres; Sherwoods, Winchfield, a well-placed freehold property, comprising a modem house, stabling, and 50 acres; Bankton, Crawley Down, a picturesque freehold residence in the Elizabethan style, with stabling and five acres ; Lismara, Stanmore, a nice residence, with good stabling and one acre; Duntroon, Wimbledon, a detached freehold residence in a choice position;	23, Dawson - place,
W., a freehold West-end residence; 17, Nevern-square, W., a pleasantly situated corner residence; Crowhurst, Langley-avenue, Surbiton - hill, freehold residence with about one acre; and three acres of freehold meadow land, being lot 2 of the Ling-wood property. The last two named properties will not now be offered to auction as announced.
£200, but estimated to produce £850 per [ annum. It was bought in at £800 when the bidding bad reached £655.
Mr. Alfred Baker (Messrs. ci*y Baker arid Sons) bad come to Premises. 0£fer t^e corner premises, No.
3, Queen Victoria-street, the ground floor of which is let to Messrs. Salmon and Gluekstein, on a repairing lease for 28 years, determinable at the option of the lessees at the end of the first 7, 14 or 21 years, at a rental of £280 per annum. It appeared that Messrs. Richardson and Barton, auctioneers, paid a rent of £95 per annum for the first floor, whilst the second and third floors produced £90 per annum. Messrs. Baker and Sons estimated the rental of the fourth floor, now in the occupation of the housekeeper, at £40, which would bring the total production to £505 per annum. The property is held on lease from the late Metropolitan Board of Works (now the County Council) for a term of 80 years from June, 1871, leaving 52 years unexpired at Michaelmas next, at a ground rent of £105. There are further outgoings in the shape of rates and taxes, which are paid by the landlord. Mr. Baker thought that a net income of about £250 would be provided, and that this amount should be capitalised on the 7 per cent, table, 14 years’ purchase, which would give £3,500. His reserve, however, was evidently much lower, for the premises were sold for £2,900. Mr. Thomas Rider (Messrs. Rider and Sons) sold seven long-leasehold dwelling houses in Loftus-road, Uxbridge-road, Shepherd’s-bush, each held on an underlease for 73 years unexpired at a ground rent of £7, and let at rentals ranging from £32 to £49 per annum, together amounting to £295 8s. per annum, for £2,385 ; also a long-leasehold residence in Ladbroke-grove, let at £42 per annum, ground rent £10 per annum, for £420. Two shops and dwelling houses in Lad-broke-road, Notting-kill, with stabling in the rear, the whole let at £140 a year, leasehold for 37 years unexpired, ground rent for both £20, realised £990 under the hammer of Mr. W. T. Pearce (Messrs. Dolman and Pearce). Thus to an end came a fairly busy week.
Onlooker.
(№taarg.
ME. W. D. SANDOE.
The death occurred on April 19 of Mr. Wil liam David Sandoe, auctioneer, of York House, and the Limes, Homyold-road, Malvern. He had been laid aside by illness for six weeks, his complaint being bronchitis, together with heart disease. Mr. Sandoe, who was in his 70th year, came to Malvern in 1869, from Luton, where he had for many years been surveyor to the local governing authority, to take up the post of Surveyor and Gas Manager for the Malvern District. The latter offices he held' for four years, and after retiring therefrom succeeded to the business of auctioneering and property agency which had been carried on at Vernon House, by Mr. Norton Dimbleby, in which business he continued (for the last three years of his life at York House) until the time of his demise. Deceased .took a lively interest in local affairs. He leaves a widow, two sons (resident at Gloucester and Ipswich respectively), and three daughters, with whom in their bereavement much sympathy is felt. The funeral took place on Saturday, at Malvern Cemetery.
Valuable Fuhnituee.—It is seldom that so large and so excellent a collection! of artistic antique and modem furniture is offered to auction as that which is announced to be sold by Messrs. Marler and Marler, at 68 to 80, Oxford-street, on May 1, -the four following days, and on- Monday, May 8. The collection constitutes a large portion of the celebrated stock of Messrs. Collinson and Lock, whose business has been transferred to Messrs. Gillow and Co. It is exceptionally rich in fine examples of bookcases, bureaus, escritoires, pedestal and writing tables of the Chippendale, Sheraton, Louis XIV., Louis XV., Louis XVI., Renaissance and Empire styles. It includes also a unique specimen of a canopy, and a State chair of William IV., besides numerous other examples of artistic furniture, which it would he impossible to particularise.
£435 ; a detached residence in Grove-park, with stabling and gardens, let at £95 per annum, and held for 72 years unexpired at ground rents amounting to £20, £850; a detached bouse in Northbrook-road, Lee, with pleasure garden and lawn, leased for 61 years unexpired at a ground rent of £14 14s., £440 ; and a house in Burnt-ash-road, Lee, let at £65, 55 years unexpired, ground rent £8 Is., £515. Mr. J. A. Tharpe (Messrs. J. A. and W. Tharpe) obtained £1,720 for two freehold villa residences in Grove-hill, South Woodford, together producing £95 per annum. The same auctioneer also sold a freehold building site of 2,050ft. super, in Hoxton-market, Hoxton, for £950; a freehold double-fronted shop and dwelling house in St. George’s-street, Ratcliff-bighway, let at weekly rents amounting to £31 4s., per annum, for £250; and two bouses in St. ADn’s-road, South Tottenham, producing £95 per annum, leasehold for 70 years unexpired at a ground rent of £25 4s., for £720.
Included in a list of North Leaseholds London investments,offered by North London.Mr• Leopold Farmer, were two semi-detached bouses, Nos. 5 and 6,Northwick-terrace, St. Jobn’s-wood, estimated to produce £270 per annum, 24 years unexpired, ground rent £30 10s. They were sold together for £1,625. Among other lots sold by Mr. Farmer were No. 232, Willesden-lane, Brondesbury, leasehold for 93 years unexpired at a ground rent of £80 Is., which realised £1,800; and 140, Alexandra-road, St. John’s-wood, leasehold for 55 years unexpired, ground rent £20, estimated rental £90, which fetched £800. A large amount of business was transacted by Mr. Edwards (Messrs. Newbon, Edwards and Shephard), in whose room the bidding for some sound suburban properties was lively and interesting. Included in Mr. Edwards’ list were a number of improved ground rents secured upon houses in the neighbourhood of the Oaledonian-road, all of which were well placed. Long leasehold business premises in King’s-road, Pancras-road, Camden Town, estimated to produce £150 per annum on lease, 72 years unexpired, ground rent £55, fetched £1,820 ; whilst freehold rent-charges and ground rents amounting to £75 per annum, arising out of 17 dwelling houses in Keogh-road, Water-lane, Stratford, were sold for £1,440. A long-leasehold house in Harpenden-road, Tulse-hill, producing £40 a year, realised £470 under the hammer of Mr. W. N. Willoughby. By the way, the town residence withdrawn at Messrs. Trollope’s sale on Thursday, of last week was 26, Grosvenor-square, and not 3, Cadogan-square, as mentioned in my reference to the auction.
Fkiday.
Rent	To-day the attention of in-
Charges. 'vestors was concentrated upon a sale by Mr. P. J. Dixon, jun. (Messrs. P. J. Dixon and Son), who was successful in regard to freehold houses in Shoreditch and Stratford, two weekly houses in the Keogh-road, Water-lane, Stratford, producing £59 6s., together realising £700 ; whilst two larger houses, in Weymouth-terrace, Hackney-road, each let at 17s. 6d. per week, fetched £985. Mr. Dixon also found it an easy task to secure buyers for long-leasehold dwelling houses at Ilford, and for a quantity of budding land in the same locality. Dealing with freehold ground rents, arising out of houses in Cecil-road, West Kingston-road, Wimbledon, the same auctioneer sold several lots at 26 years’ purchase. Another auction of some importance was that conducted by Mr. Herbert Eldridge (Messrs. Godwin, Basley and Eldridge), who secured 20 years’ purchase for perpetual rent charges amounting to £72 2s. 2d. per annum, secured upon farm lands, messuages and tenements in the manor of Hockley, Essex, notwithstanding a certain risk involved by the purchase of such an investment, and £750 for the 50 years’ lease of a semi-detached family residence in Green-lanes, Highbury New park, estimated to produce £100 per annum. One of the principal lots in Mr. Eldridge’s list comprised the beneficial lease of the business premises, No. 14, Nicholas-lane, E.C., one door from King William-street, which are held on lease for a term of 21 years from December, 1893, at a rental of
and some of £31 7s. (one cn a licensed property), for £900. The majority of these houses were said to be likely to increase in value year by year in consequence of the rapid development of the northern suburbs. Two houses in Hoxton and Rotherhitbe were also sold by the same auctioneer for £470. Mr. Frank Jameson (Messrs. Moss and Jameson) sold three freehold shop premises in Neal-street, Long Acre, producing £234 per annum, for £3,500, whilst Mr. Walter H. Brown (Messrs. Walter H. Brown and Oo.) disposed of the freehold residence, Fairfield, No. 154, Norwood-road, suitable for the erection of shop property, for £1,450, the price representing upwards of 24 years’ purchase. Four leasehold houses and shops in Islington and Kentish Town, changed hands through Mr. R. McBean Tidey (Messrs. Robert Tidey and Son), for a total of £1,680. I am sorry that in referring to Messrs Fox and Bousfield’s sale on Wednesday last week, I wrongly described the property, No. 35, Moorgate-st-reet, which they sold for £6,200, as a freehold. The property disposed of was really a freehold ground rent of £35 secured on the premise.‘ named, with reversion in 17 years to the rack rents, estimated to he of the value oi £450 per annum.
Tea Plantations.
T HTJBSDAY.
As	is usual on	a Thursday,
the	auctions	were	well
patronised, and the supply of small investments was foundto be quite up to the average. The demand was also satisfactory, and there were not many lots left unsold at the close of the day’s proceedings. The total realisation was £64,385, but this amount	included	£25,000	given by	Sir
Thomas	Lipton	for two	freehold	tea
plantations, known as Bunyan and Ovoca, two miles from the town of Maskeliva, near to Adam’s Peak, in the central province of Ceylon. This exceptional property was in the hands of Mr. I’Anson Breach (Messrs. Farebrother, Ellis and Co.), from whose remarks I gathered that the average crops during the years of 1895, 1896 and ]897, were 228,2861b. for the two estates. The properties, which cover a total area of 563 statute acres, include two burigalows, factories, stores and premises, with machinery, fixtures, and live stock ; and were sold as a going concern, with possession.
For a freehold building site ™״J* in Horseferry-road, Westmin-Westminster. ster> with a frontage of about 100ft., a return frontage to Chadwick-street of 66ft., and covering a total ground area of 6,770ft., the highest offer elicited by Mr. Breach was £10,200. The site, which is opposite the Greycoat School, and is at present occupied by seven shops, with dwelling houses, workshop, mission-ball, etc., let at rentals amounting to £287 10s. per annum, was described as being specially suitable for the erection of a block of shops and residential flats. It was bought in at £11,000. Considerable interest was manifested by dealers and investors generally in the offer at the same auction of twelve freehold residences in Strawberry-hill-road, Twickenham. In the result seven of the houses, together producing £515 per annum, were sold for a total ol £7,025, the others being withdrawn at figures just below the reserve. Messrs. Wiltshire and Thurgood were announced to offer six detached and semi-detached residences in Southbrook-road, Lee, all held on leases of over 60 years unexpired, but Mr. Thurgood had the satisfaction of announcing from the rostrum that the houses had been disposed of by private treaty. Other houses in the same locality were included in the sale list, but there was a withdrawal in every instance.
Leasehold houses in the Residences neighbourhood of Black! eath
Blackheath. and Lee were submitted with much success by Mr. John Hilton (Messrs. Dyer, Son and Hilton). A semi-detached house in Lee-road, with pleasure gardens, lawn, conservatory and greenhouse, held for an unexpired term of 40 years at a ground rent of £10, fetched £1,200 ; a house in Kidbrook-park-road, of the estimated rental value of £80 per annum,66 years unexpired,ground rent £11,