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.

33 Cattlemarket, Loughborough, Leicestershire, LE11 3DL

As to the Tenancy and Accommodation schedule on page 93 of the auction catalogue, please note that the detached warehouse to the rear of the yard is occupied and included in the lease to ‘Betel of Britain’ and currently used as a showroom. The approximate floor area of the warehouse, which has been measured on a gross internal basis, is 108.32 sq m (1165 sq ft). The approximate net internal area of the retail unit is as follows and not as stated on page 93 of the auction catalogue:

Ground - 97.04 sq m (1045 sq ft)
First - 94.26 sq m (1014 sq ft)

In respect of the tenancy and accommodation schedule on page 93 of the auction catalogue, please note the rent review date should read 25th March 2020 and not as stated.
Upon inspection by the auctioneers it was noted that there were cars parked within the title area at the time of the inspection. Neither the Receivers or the Sellers Solicitors are able to confirm whether any third parties have any such rights to park. Third parties may have rights to park whether by express agreement (not seen or registered), established long use, or some other informal arrangement and the buyer is deemed to purchase with full knowledge thereof.