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 £1,500+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 June 2024.

Please note the Product Guide for the Octopus Bridging Loan has been updated and is dated March 2025.

12 Well Court, City of London, EC4M 9DW

With regard to the lease of the ground floor to Russell Howarth, the seller confirms that it was intended that there be a rent review on 25 December 2012 but the lease refers to the rent review date being 25 December 2007 in error. The seller is seeking to agree a deed of variation of the lease with the tenant to rectify this error.

In respect of the first floor lease to London City Physiotherapy Limited there is an agreed form of lease for a new 5 year term at £14,500pa with no rent review subject to contract.

The seller advises that service charge is demanded on-account with a year end reconciliation and service charge information is available. The special conditions of sale have been amended to include new provisions in respect of service charge.

For clarity, the fourth floor comprises office accommodation and not as stated in the tenancy and accommodation schedule on page 63 in the auction catalogue.