Acuitus 21/05/2020 Important Auction & Property Update

ADDENDUM
To the Catalogue for
Auction Sale: 21 May 2020

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 £1,250+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 March 2021.

Lot 2

Unit 4 Brooklands Way, Brooklands Park Industrial Estate, Dinnington, Sheffield, South Yorkshire, S25 2JZ

Sold prior to auction.

Lot 5

11 - 15 High Street, Ruislip, HA4 7AU

Withdrawn prior to auction.

Lot 6

46 Sycamore Road, Amersham, Buckinghamshire, HP6 5DR

In respect of the ‘’Key Details’’ in the auction particulars, please note that the tenant option to renew lease is from September 2025 for 10 years at a commencing rent of £225,905 per annum, rising to £261,886 per annum in September 2030. The option can only be exercised between 29 September 2020 and 28 March 2025 - please see lease.

Lot 7

26 Ealing Road, Wembley, London, HA0 4TL

Sold prior to auction.

Lot 9

357 Wimborne Road, Winton, Bournemouth, BH9 2AD

Withdrawn prior to auction.

Lot 10

27 Station Road, Clacton-on-Sea, Essex, CO15 1TD

Withdrawn prior to auction.

Lot 11

250 Baker Street, Enfield, London, EN1 3LD

Withdrawn prior to auction.

Lot 13

18 London Street, Southport, Merseyside, PR9 0UE

Withdrawn prior to auction.

Lot 14

Telegraph House, Moor Lane, Crosby, Liverpool, L23 2SF

Sold prior to auction.

Lot 15

313 Station Road, Harrow, London, HA1 2TA

Withdrawn prior to auction.

Lot 17

Travelodge Hotel, Beswick Drive, Crewe, CW1 5NP

Withdrawn prior to auction.

Lot 19

Pizza Hut, The Hough Leisure Park, Stafford, Staffordshire, ST17 4ER

Withdrawn prior to auction.

Lot 24

1, 3, 5 South Street, Dorking, Surrey, RH4 2DY

Withdrawn prior to auction.

Lot 25

12 - 18 High Road, East Finchley, London, N2 9PJ

Sold prior to auction.

Lot 26

126 Hermitage Woods Cresent, Woking, Surrey, GU21 8UH

Withdrawn prior to auction.

Lot 29

55-57 and 58-59 Mardol, Shrewsbury, Shropshire, SY1 1PP

Withdrawn prior to auction.

Lot 30

4-7 and 7a Gaolgate Street, Stafford, Staffordshire, ST16 2BG

Sold prior to auction.

Lot 32

Preston Plumbing & Direct Window Co, Brookfield Street and Southgate, Preston, Lancashire, PR1 1NR

Please note that the lease to PRESTON PLUMBING SUPPLIES LIMITED commenced on 2nd March 2020, and not as stated in the auction particulars. Please note that the term of the lease to C A GOSS LIMITED should read as 11 years from 1st October 2018 and not as stated in the auction particulars. The lease is subject to a tenant option to determine in September 2024, and there is a rent review on 1st October 2023, and not as stated in the auction particulars.

Lot 33

11 Woodside Avenue, Dersingham, Kings Lynn, Norfolk, PE31 6QE

Withdrawn prior to auction.

Lot 34

142 Norfolk Street, Kings Lynn, Norfolk, PE30 1AU

Withdrawn prior to auction.

Lot 35

44 King Street, Stirling, FK8 1AY

Please note reference to a residential flat at third floor level should be deleted. There is understood to be a former residential flat at first floor level which has been used as staff room and storage room accommodation in the recent past and is included in the GIA first floor floor area. There is access to a common stairwell which is accessible from street level to the left of the adjoining Alhambra Arcade King Street entrance. In addition, there is a further residential stair case to the north of the premises, which provides a separate access to the first floor retail space.
Furthermore, the second floor accommodation could be developed to form a residential flat but access to this area from the rear is not direct to the stairwell mentioned above. Both residential opportunities would be subject to planning and all necessary consents.

Please note that the rent quoted on the particulars, is inclusive of VAT.

Please note that Stirling Heritage Trust have agreed that they will discharge the standard security they hold on payment by the seller of part of the grant provided for works to the property. Further information of the works is available in the legal pack.

Lot 36

Sarah Trimmer Hall, High Street, Kew Bridge, London, TW8 0BD

Sold Prior to auction.