Acuitus 22/10/2015 Important Auction & Property Update

ADDENDUM
To the Catalogue for
Auction Sale: 22 October 2015

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 63

Seafield House, 60-76 (A-D) High Street, New Romney, Kent, TN28 8AU

Please note that the orange outline around the street trader’s plan in the auction particulars is inaccurate; please see the legal pack for the correct boundary.
The name of the tenant on the lease on the shop trading as New Romney Butcher’s was Anglo Dutch Meats (Kent) Limited, although this lease has now been assigned to Farm Butchers Limited on 15 October 2015 as the assignor was in administration. This lease is subject to rent reviews in January 2016 and 3 yearly thereafter.
In respect of the lease to Cilec Limited, the lease is subject to a personal guarantor.
In respect of the lease to ME Hall, please note that this shop trades as ‘’Temptations’’ and not Foords Appliances as stated in the auction catalogue.
Please note that at as of 21/10/2015, there are arrears of rent, insurance and service charge totalling £4,381.80 in respect of several of the leases as detailed on the arrears schedule in the legal pack. The Seller will use reasonable endeavours to collect these arrears by completion of the sale.