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.

1, 2, 8 & 9 Clayton Parade, Turners Hill, Waltham Cross, Cheshunt, Hertfordshire, EN8 8NQ

In relation to the Tenancy and Accommodation Schedule on page 44 of the auction catalogue please note that flats 8a and 9a are located on the first floor and flats 8b and 9b are located on the second floor and not as stated.
As to the Tenancy and Accommodation Schedule, please note that the rent charged under the Flat 9a lease is £600 per month (£7,200 per annum).

The sellers solicitor has not had sight of the rent review memoranda but has been provided with a rent demand showing that £600 per month is payable.

The total current rent is therefore £54,380 per annum exclusive (with the AST rents annualised).
In relation to the Tenancy and Accommodation schedule, please note the correct start date for the Assured Shorthold Tenancy of Flat 8b is 7th December 2009 and not as stated.
In relation to the Assured Shorthold Tenancy for Flat 8a, the seller is in the process of increasing the rent (to £669.50 per calendar month) and extending the term (to expire on 14/12/2016) by way of a supplemental memorandum. The form of memorandum has been included in the auction pack. If the memorandum is signed by the tenant prior to completion, the property will be sold subject to the Assured Shorthold Tenancy as extended.