Acuitus 10/12/2015 Important Auction & Property Update

ADDENDUM
To the Catalogue for
Auction Sale: 10 December 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 29

7-9 Chipping Row & 20-26 Heralds Way, South Woodham Ferrers, Chelmsford, Essex, CM3 5TQ

Please note that the title plan as outlined in orange on the Street traders plan in the auction particulars on page 52 of the catalogue is incorrect; please see the freehold title plan in the legal pack. The Property is subject to a right of way over a service yard contained in a lease to C. J. Nash dated 19th January 1982 for a term of 125 years from 9th November 1981. A copy of the lease and title register has been provided in the legal pack.

Unit

Floor

Use

SqFt 

5 Chipping Row

Ground

Barber

245

7 Chipping Row

Ground

Print Shop

356

9 Chipping Row

Ground

Hairdresser

601

5-7 Chipping Row

First

Not measured

-

5-7 Chipping Row

Second

Not measured

 Residential

20 Heralds Way

Ground

Carpets

476

 22 Heralds Way

Ground

Vacant

 231

24 Heralds Way

Ground

Take Away

 599

26 Heralds Way

Ground

Take Away

 397

20-26 Heralds Way

First

Restaurant/Kitchen-unoccupied

1,829

20-26 Heralds Way

Second

Residential

1,829

Total Approximate Area    

6,563