Acuitus 23/03/2016 Important Auction & Property Update
ADDENDUM
To the Catalogue for
Auction Sale: 23 March 2016

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 £1,500+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 June 2024.
Please note the Product Guide for the Octopus Bridging Loan has been updated and is dated March 2025.
Lot 6
12/12A/12B/12C Aldermans Hill, Palmers Green, London, N13 4PJ
The occupational interests at the Property are as follows: Commercial Premises:
1. | 16.06.2006 | Lease of ground floor shop at 12A Aldermans Hill | (1) Wallshire Limited (2) Maria Mouyia |
2. | 14.12.2011 | Lease of ground floor shop and basement 12 Aldermans Hill | (3) Wallshire Limited (4) Maxloan Limited |
Residential Premises: | |||||
---|---|---|---|---|---|
Description | Current tenant | Annual rent | Lease start | Term | Lease end |
Studio 1, 12C Alderman''s Hill | An Individual | 4,680.00 | 07 Mar 2016 | 6 months | 06 Sep 2016 |
Studio 2, 12C Alderman''s Hill | 0.00 | ||||
Studio 3, 12C Alderman''s Hill | An Individual | 5,460.00 | 07 Mar 2016 | 6 months | 06 Sep 2016 |
Studio 4, 12C Alderman''s Hill | An Individual | 4,940.00 | 07 Mar 2016 | 6 months | 06 Sep 2016 |
Studio 5, 12C Alderman''s Hill | An Individual | 4,680.00 | 28 Sep 2015 | 6 months | 27 Mar 2016 |
Room 6, 12B Alderman''s Hill | An Individual | 4,940.00 | 07 Mar 2016 | 6 months | 06 Sep 2016 |
Room 7, 12B Alderman''s Hill | An Individual | 4,420.00 | 15 Sep 2014 | 6 months | 14 Mar 2015 |
Room 8, 12B Alderman''s Hill | An Individual | 6,240.00 | 07 Mar 2016 | 6 months | 06 Sep 2016 |
Kitchen Area | 0.00 | ||||
Room 10, 12B Alderman''s Hill | An Individual | 4,160.00 | 07 Mar 2016 | 6 months | 06 Sep 2016 |
Please note the Total Rent is £72,520 pa and not as stated in the Auction Particulars. A special condition has been included as follows. Further information is available in replies to enquiries and accompanying documentation. On COMPLETION the Buyer shall reimburse the Seller £3,611.40 in respect of costs incurred in carrying out and completing roof repair works to the PROPERTY as such works are detailed in the replies to enquiries and made available prior to the AUCTION (the “Works”) and in respect of the Works: (a) The Seller offers no warranty nor accepts any liability in respect of the Works or, without prejudice to the generality of this clause, in respect of the quality and workmanship of the Works or materials used in the Works