Acuitus 12/07/2022 Important Auction & Property Update

ADDENDUM
To the Catalogue for
Auction Sale: 12 July 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 £1,250+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

251/251a & 251b East Barnet Road, East Barnet, London, EN4 8SS

Please note the flat on the first floor comprises 2 bedrooms, 2 living/reception rooms, a kitchen & bathroom/wc and not as stated in the auction particulars.

Lot 4

19 High Street, Petersfield, Hampshire, GU32 3JT

Please note the floor areas stated in the particulars are Gross Internal Areas (GIA).

Lot 11

5-6 Commercial Street, Leeds, West Yorkshire, LS1 6AL

Please note, the floor areas have been confirmed to be as follows;
NIA SQ M NIA Sq FT
Basement181.57 1,954
Ground 144.28 1,553
First 128.07 1,379
Second 114.81 1,236
Third 106.51 1,146
Total 675.24 7,268

Lot 14

Units 4,5,6,7,8,9,10,11,13,14,15,16,18 & 19,39-45 Gransden Avenue, Hackney, London, E8 3QA

Acuitus are offering the majority of the property (Units 4,5,6,7,8,9,10,11,13,14,15,18 & 19), 39-45 Gransden Avenue, Hackney, London E8 3QA) on behalf of Administrators.
This property is being marketed for sale on behalf of Administrators and therefore no warranties, representations or guarantees are given or will be given in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Administrators are acting without personal liability. The Receivers are not bound to accept the highest or any offer. The special conditions and transfer for any sale will give no title guarantee and will exclude the personal liability of the administrators.
In relation to Unit 16, whilst this is being offered as part of the sale, we are not acting on behalf of administrators.

Lot 24

220 High Street, Guildford, Surrey, GU1 3JD

VAT is not applicable to this Sale.

Lot 26

Units 1-4, Portrack Grange Close, Portrack Lane, Stockton-on-Tees, TS18 2PU

Please note that the orange outline on the Title Plan in the auction particulars, showing the extent of the property, is slightly inaccurate. Please see title plans in the Legal Pack.

Lot 35

196b Southwark Park Road, Bermondsey, London, SE16 3RP

Withdrawn prior to auction.

Lot 37

6 Vaughan Street, Llanelli, SA15 3TY

Please note that the basement/cellar is accessed via a hatch in the ground floor and is not used by the tenant. The basement has not been inspected by the Auctioneers & therefore the approximate floor area cannot be verified. Please note that the approximate floor areas as stated in the auction particulars do not form part of the Sale Contract.

Lot 38

93 High Street, Fort William, Highland, PH33 6DG

For the avoidance of doubt the settlement (completion) period will be 20 working days from the date of the auction.

Lot 43

196a Southwark Park Road, Bermondsey, London, SE16 3RP

Withdrawn prior to auction.

Lot 46

River House, South Esplanade East, Aberdeen, AB11 9PB

For the avoidance of doubt VAT is not applicable to this lot.

Lot 47

80 Castle Street, Forfar, Angus, DD8 3AA

With regards to the description and tenancy and accommodation please note the property comprises the following accommodation and not as stated on page 57 of the catalogue page.

Floor Use Floor Areas (Approx)
Ground Retail 64.54 sq m (695 sq ft)
Mezzanine Ancillary 25.60 sq m (276 sq ft)
Total   90.14 sq m (971 sq ft)

Please note that the floor areas are provided for use as a guide only and do not form part of the contract of sale