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.

51 Penarth Road, Cardiff, Glamorgan, CF10 5DL

The auctioneers have been contacted by Mr Robert Freeman who is a director of King David Tyres Limited (a company incorporated in 1975, a subsidiary of Malvern Tyres Holdings Limited which in the year November 2012/13 had turnover of £13,413,830 and profit before tax of £102,601) alleging that King David Tyres are in occupation of the property pursuant to an underlease. The buyer is referred to the replies to enquiries for information in connection with an application for consent to assign that was made in 2011 but which did not proceed. The seller has not been asked for consent to underlet to King David Tyres Limited, has not granted consent for such an underletting, has not received notice of the grant of any underlease, does not have a copy of the alleged underlease and does not know the terms of the alleged underlease. The rent is paid by the tenant (Goodyear Dunlop Tyres UK Limited) and the seller intends to accept the rent due on 25 March 2014 when tendered by the tenant. The buyer shall raise no requisition or objection in respect of these matters.
The plan for identification of the property included on the catalogue page does not show the full extent of the freehold property being offered for sale. Also, the address filed with the Land Registry is 51-53 Penarth Road, Cardiff CF10 5DL. Please refer to the Land Registry Title and Plan WA697413 included in the legal pack.