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 34

Earls Lane Shopping Centre, Lowther Street/Earls Lane, Carlisle, Cumbria, CA3 8DG

Please note that the lease for Unit 4 has now completed. Please note the tenant name here is ‘’Well Done Solutions Limited’’ and not ‘’Well Solutions Limited’’ as stated in the auction particulars. The lease is also subject to a one year rent free period, with a rent commencement date of 8th December 2016.. On completion of the sale, the seller will pay the buyer the rent that would have been due from completion of the sale to the expiry of the rent free period. Please note that Savers Health & Beauty Limited (the tenant on Unit 1/1a) have now opened for trading. Please delete the reference to Units 10&11 being let as this unit will be offered with Vacant Possession. Please therefore delete footnote (8). The total rent therefore should read £262,100 per annum and not as stated in the auction particulars. In respect of the approximate floor areas in the Tenancy and Accommodation schedule, please note the floor areas are as follows and not as stated on Page 59 in the auction particulars:


 Unit

 Floor

 Sq ft

Floor

Sq Ft 

1/1a

Ground

2,925

First

1,436

2

Ground

639

First

569

3

Ground

669

First

592

4

Ground

 819

First

 744

5

Ground

 968

First

 866

6

Ground

11,981

 

 

7

Part Ground

 691

First

11,206

8

Ground

 653

First

 623

9

Ground

 675

First

 620

10/11

Ground

 912

First

 607

12/13

Ground

 1,668

First

 

14

   

First

 1,330

Bus Station

Ground

 560

+ land

 


The approximate total floor area therefore should read 41,753 sq ft and not as stated.