Acuitus 03/11/2022 Important Auction & Property Update
ADDENDUM
To the Catalogue for
Auction Sale: 3 November 2022

All Lots
The purchaser of each lot is deemed to purchase with notice and full knowledge of the important notice to bidders, the Common Auction Conditions, where applicable, the special conditions of sale and this addendum.
The purchaser of each lot is deemed to have inspected the property and have verified the accuracy of all information given in the particulars including the extent of the premises to be sold and the floor areas. Additionally, the purchaser is deemed to have read the legal documentation.
The boundary plans in the auction catalogue are for identification only. The correct title plan showing the boundaries of the properties are available for inspection and the purchaser will be deemed to have purchased with full knowledge thereof.
Please note that vendors may require a supplementary amount to be paid by the purchaser to the vendor over and above the purchase price. Please check the special conditions of sale to ascertain whether this applies to the property for which you are bidding.
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017.
Under the Regulations, Acuitus is legally required to immediately undertake customer due diligence checks on the buyer and related parties.
Acuitus will need to receive identification documents that satisfy the Regulations for the bidder, the buyer (if different from the bidder), the beneficial owners with more than 25% of the voting rights or capital and proof of authority if the bidder is acting as an agent.
Acuitus will also need to receive satisfactory identification on the source of the deposit money provided by the bidder/buyer.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
The Common Auction Conditions have been updated as at June 2024.
Please note the Product Guide for the Octopus Bridging Loan has been updated and is dated March 2025.
Lot 4
West End House, 288 West Street, Fareham, Hampshire, PO16 0AJ
If at the date of completion the tenant has vacated the property then the seller will assign to the buyer the benefits of all rights arising from the lease in terms of any dilapidation claim or any outstanding claim for breach of the terms of the lease by the tenant except for any arrears of rent as maybe outstanding to the date of completion which shall remain the absolute entitlement of the seller. With respect to Special Condition 2.4, the Seller gives no warranty as to what fixtures and fittings will remain at the property on completion of the sale.
In respect of the Extra Special Conditions of Sale in the Legal Pack, please note that a new clause 2.7.1.9 has been added stating: ‘’all rights or entitlements that adjacent properties have or may claim to have as to access over or parking on the property’’. In respect of access rights, an email dated 30th October from Claire Ayling, an owner occupier from one of the Cottages on the western boundary of the property has been received by the Auctioneers & uploaded to the legal pack, confirming that the title documents do not clearly record access rights for the benefit of all the cottages that lie to the Western boundary of the property. It is the sellers understanding that for in excess of 20 years the owners/occupiers of the cottages will have exercised access rights to all of the cottages over the roadway coloured brown on the title plan, but the buyer must rely upon their own inspection to be satisfied as to the precise route of the access . The seller is not in occupation so can provide no further information. In respect of Parking Rights, letters dated 15th June 2004, 19th June 2007, 22nd June 2007 and 10th October 2012 have been received by the Auctioneers and have been uploaded to the legal pack as being letters from the present tenant to occupiers of the adjacent cottages. The seller is not in occupation of the property & has no knowledge of any on-going issue & can provide no further information.
Lot 5
114/114a High Street, Chesham, Buckinghamshire, HP5 1EB
Sold prior to auction.
Lot 6
2 New Broadway, Uxbridge Road, Hillingdon, Greater London, UB10 0LH
The identification plan in the auction particulars does not show the full extent of the property being offered for sale. The title plan showing the full extent of the property being offered is available for bidders to inspect within the Seller''s solicitors legal pack which is available to download from the Acuitus website. Bidders are deemed to have bid with full knowledge thereof.
Lot 12
139/153 Grainger Street, Newcastle Upon Tyne, Tyne & Wear, NE1 5AE
As to the Unit G5 lease to Urbn UK Limited, there is a reversionary lease in place dated 30 March 2021 with a term end date of 6 March 2027 and not as stated in the auction particulars. Please see the Legal Pack for further information. Please see the following update to the Tenancy Schedule listed in the particulars:
Unit | Floor | Use | Floor Areas | Floor Areas | Tenant | Term | Rent |
Ground Floor Kiosk | Ground floor premises to the rear of the Kiosk | St Cuthbert Newcastle Estates Limited | 999 years from 15 June 2001 | A peppercorn |
Lot 14
Westpoint Building 4 and Car Park, Westpoint Business Park, Prospect Road Westhill, Westhill, Aberdeen, AB32 6FE
Please note that the title includes the access road within Westpoint Business Park . While title will sit with this Lot it is subject to (a) the other Buildings within Westpoint Business Park having rights over it and (b) a service charge regime as set out in the titles. Please refer to the legal Pack for further information.
For the avoidance of doubt, the two storey car park is not let to the tenant of Building 4. The car ark is offered with vacant possession
Lot 15
North House, 10-12 Eastbank Street, Southport, Merseyside, PR8 1DS
Sold prior to auction.
Lot 16
Reunion House, 27-43 Jackson Road, Clacton-on-Sea, Essex, CO15 1JA
As per the Special Conditions of Sale, on completion the Buyer shall pay the Seller a contribution of a sum equivalent to 1% of the purchase price plus VAT towards the Seller’s costs associated with this sale.
Lot 17
68-88 Market Street and 2-6 High Street, Shaw, Oldham, Greater Manchester, OL2 8NP
Within the Tenancy & Accommodation schedule please note the following changes:
- For RSPCA (unit 5) the tenant has given notice to terminate their lease on 24th March 2023.
- Note (14) under the schedule relating to unit 10, the outstanding rent review has not been activated but the landlord''s rights are reserved.
- Please ignore note (15) under the schedule relating to units 12 & 13, as the proposed new 5 year lease is no longer proceeding.
For clarity there are currently only two units vacant (units 12 & 13).
Lot 18
Land at Kingmoor House Logistics Park, Kingmoor Road, Carlisle, Cumbria, CA3 9QZ
Sold prior to auction.
Lot 21
141 -142 Fenchurch Street, City of London, EC3M 6BL
Sold prior to auction.
Lot 25
61-63 High Street, Newcastle-Under-Lyme, Staffordshire, ST5 1PN
Please note that the second floor of both shops are voided and have not been accessed by the Auctioneers. The approximate floor areas as stated in the auction particulars therefore relate to the ground & first floors only. The approximate floor areas as stated in the auction particulars do not form part of the contract of sale.
Lot 26
51-59 Kirkgate & 7-17 Queensgate, Bradford, West Yorkshire, BD1 1PZ
Please note the Property has the approximate floor areas as listed below & not those stated in the auction particulars:
Address | Floor | Use | Floor Areas Approx sq m | Floor Areas Approx sq ft |
---|---|---|---|---|
51-53 Kirkgate | Ground First | Retail/Ancillary Ancillary | 371.01 227.43 | (3,993) (2,448) |
57 Kirkgate | Ground First | Retail/Ancillary Ancillary | 362.92 140.05 | (3,906) (1,507) |
59 Kirkgate | Ground First | Retail/Ancillary Ancillary | 67.63 62.74 | (728) (675) |
7-17 Queensgate | Ground Lower Ground | Leisure Leisure | 525.61 395.17 | (5,657) (4,253) |
Total | 2,152 .56 | (23,167) |
Please note the approximate floor areas provided do not constitute part of the contract of sale.
Lot 28
1 High Street, Yeovil, Somerset, BA20 1RE
Please note this property is not elected for VAT. Please note that this Property is not elected for VAT & therefore VAT will not be payable on this Property as the transaction is exempt.
Sold prior to auction.
Lot 30
17 Epsom Road, Guildford, Surrey, GU1 3JT
Sold prior to auction.
Lot 31
Capitan House, 1c Church Road, Croydon, London, CR0 1SG
Sold prior to auction.
Lot 37
5 Rivington Road, Ellesmere Port, Cheshire, CH65 0AW
Please note that the lease to Hospice of The Good Shepherd Promotions Limited is subject to a Schedule of Condition-please see lease.
Sold prior to auction.
Lot 39
Falkirk Road, Linlithgow, West Lothian, EH49 7PG
Please note that the Articles of Roup for the above subjects were amended with:
1 an updated plan; and
2 an update to the property description on page 16.
Lot 41
11a Devonshire Road, Chiswick, London, W4 2EU
A letter has been received from the neighbouring Owner’s solicitors, Moore Barlow LPP s regarding their Client’s proposed commencement of the building works to be undertaken at the neighbouring property. A copy of the letter is available within the Legal Pack