Acuitus 13/12/2023 Important Auction & Property Update
ADDENDUM
To the Catalogue for
Auction Sale: 13 December 2023

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 5
62 Fountains Road, Cheadle Hulme, Cheadle, Cheshire, SK8 7PY
For clarity, the Lock Up Garage stated in the auction particulars is included within the ground floor shop lease demise.
Lot 7
Lloyds Bank, 5 Market Square, Stafford, Staffordshire, ST16 2JL
The lease provides for a rent free period from completion of the sale until 24/03/2024. The Seller will pay to the buyer the rent that would have been due from completion of the sale until the end of the rent free period.
Lot 14
247-249 Lavender Hill, Clapham, London, SW11 1JW
As to the leases of the residential flats, the leases of flat 2 and flat 3 have now been extended for an additional term of 90 years and the current rent reserved for flats 2 and 3 has been reduced to one peppercorn. The current rents reserved under the terms of the leases for flats 1, 4, 5 and 6 are each £300 per annum exclusive. Therefore the total current rents reserved for the residential element of the property is £1,200 per annum exclusive and the current total rents reserved is now £81,200 per annum exclusive and not as stated in the tenancy and accommodation schedule and in footnote (2) in the Auction sales particulars.
Lot 16
Castle Place Shopping Centre, Market Street, Trowbridge, Wiltshire, BA14 8AL
Please note "Wiltshire Council have confirmed a willingness to have discussions with the purchaser of the shopping centre on the potential transfer St Stephens Car Park". This statement has been supplied by Wiltshire Council and is in no way connected to the sale of Castle Place Shopping Centre nor the vendor of this property.
Lot 17
Units 1, 2 & 3, 121-129 Dalton Road, Barrow-in-Furness, Lancashire, LA14 1HZ
Sold prior to auction.
Lot 18
23-25 Church Street, Flint, Flintshire, CH6 5AD
Please note that the tenant served notice to determine their lease on 14/11/23. A copy of the break notice is included in the Legal Pack.
Please note that completion of this sale will be 6 weeks from the Contract Date, and not as stated in the Special Conditions of Sale in the legal pack.
Lot 19
37 Penny Street, Lancaster, Lancashire, LA1 1UA
Please note the tenant has now opened their shop and is trading.
Lot 21
6 South Street, Dorchester, Dorset, DT1 1AZ
For the avoidance of doubt, the property does not benefit from rear access via Charles Street and not as stated in the description in the auction particulars of sale.
Lot 26
26 - 38 Union Street, Aberdeen, AB10 1BD
The total floor area at the property (26-38 Union Street, Aberdeen) is 3,691.28 sq m (39,733 sq ft) and not as stated in the bullet points at the top of the auction page for the property.
The floor areas are for use as a guide and should not be relied upon and do not form part of the contract of sale.
Please also note that an updated title sheet has been added to the legal pack.
Lot 27
21-31 George Street and 3-7 South Strand Street, Stranraer, DG9 7RJ
Please note that Skills Development Scotland have given notice that they wish to action their break option on 15/06/2024. Please see the legal pack for further information
Dumfries and Galloway Council have enquired about a agreement to provide them with a permanent rear access requirement to service the redeveloped Hotel at the rear of the subject property.
Lot 29
69/71 New Street, Huddersfield, West Yorkshire, HD1 2BQ
Sold prior to auction.
Lot 30
1, 3 & 5 Crane Street &, 2, 2a, 4, 4a & 6 Commercial Street, Pontypool, NP4 6JJ
Sold prior to auction.
Lot 34
Unit 2 Whittle Court, Hanley, Stoke on Trent, Staffordshire, ST1 2QE
Sold prior to auction.
Lot 35
Ness Point (Southstar and Southview), Blackness Road, Aberdeen, AB12 3LH
Please note that the lease to NXG DRILLING SERVICES LIMITED is not on FRI terms as stated in the auction details, please see the lease in the legal pack for further information’