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.

21 / 22 Hanover Buildings, Southampton, Hampshire, SO14 1JU

The planning bullet point on page 91 of the auction catalogue should be clarified. Please note that in reference to the Planning Application 12/00166/FUL (to demolish the existing property and erect a five storey building with ground floor commercial space and sixteen residential flats above), Southampton County Council recommended the application for approval following the Southampton City Planning & Sustainability Planning & Rights of Way Panel Meeting 26th June 2012 subject to suggested conditions and securing the provisions of the section 106 Legal Agreement. Full details are included in the Report following the 26th June 2012 Panel Meeting within the legal pack. The Receivers have received confirmation from the planning officer at Southampton City Council that the planning permission was deemed as withdrawn on 24th July 2015 due to a lack of contact with the Borrowers agent and is listed on their planning application website as withdrawn. The buyer is deemed to purchase with full knowledge thereof.
For the avoidance of doubt, in relation to the description paragraph on page 91 of the auction catalogue please note there is first floor ancillary accommodation above Unit 21 accessed from the ground floor.
In relation to the tenancy and accommodation schedule please note 21A on the second floor comprises four rooms, WC and kitchen. 22A on the first floor comprises three rooms, WC and kitchen. In respect of 22B on the second floor please note the auctioneers were unable to gain access.
In relation to the street traders plan please note 4-7 East Bargate is occupied by Mettnicks and 1-2 Hanover Buildings is occupied by Interior.