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.

46-54 High Street, Ingatestone, Essex, CM4 9DW

Please note that the lease to the Accountants (first and second floors) is vested in the name of AJ Smith, DJ Stevens and S McCallum as Partners of Taylor Viney & Marlow, and not as stated in the auction catalogue. Please note that this lease is subject to a photographic schedule of condition. For the avoidance of doubt, the current rent payable in respect of this lease is £31,250 pa (half rent) until 25th July 2015, when the rent increases to £62,500 pa. The Vendor is making an allowance to reflect the fact that the rent will be topped up to £62,500 pa from completion of the sale until the expiry of the rental concessionary period-please see Special Conditions of Sale.

Please note that the lease to Budgens Stores Limited (ground floor and basement) is subject to a rent review in March 2021 (as well as in March 2016 as stated in the auction catalogue).’’

In respect of footnote (2), the lease to Budgens Stores Ltd has an option to extend for a further 10 years on 17th March 2022, and not as stated in the catalogue’.

In respect of the floor areas, please note that the floor areas for Budgens Stores Limited were agreed at the last rent review in 2011. The approximate Gross Internal Areas for the supermarket were agreed at:

Ground- Supermarket 4,814 sq ft
Basement-Ancillary 2,501 sq ft

The boundary plan on page 55 of the auction catalogue is slightly inaccurate and does not correctly identify the property being offered for sale. The title plan showing the correct extent of the property being offered for sale is available for inspection within the legal pack.’