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 60

Redshank House, Alness Point Business Park, Alness, Highland, IV17 0UP

As detailed in the Articles of Roup for Lot 60, Redshank House, Alness Point Business Park, Alness, VAT WILL BE PAYABLE ON THE DEPOSIT FOR THIS PROPERTY unless you have satisfied the Vendor prior to 10 December 2015 that you have satisfied the terms of Clause 4.8.2.3 of the Articles of Roup and therefore unless you have so satisfied the Vendor prior to 10 December 2015 any certified deposit cheque or banker’s draft should be completed taking account of the VAT to be paid in addition to any deposit sum should your bid be successful.’