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.

Units 1 - 4 Woolrich House, The Waterloo, Cirencester, Gloucester, GL7 2GA

The correct address of the property is Units 1-4 Woolrich House, The Waterloo, Cirencester, GL7 2GA.
The Seller has served notices on the residential tenants, pursuant to Section 5B of the Landlord and Tenant Act 1987 details of which the seller caused to make available for inspection within the Legal Pack prior to the date of the auction. The requisite majority of qualifying tenants did not respond to the said notices and so the tenants have not exercised their rights to purchase the property.

The following are dealings which have been lodged at the Land Registry but yet to be determined together with clarification as to what the applications relate to:

Priority Search by Tanners Solicitors - This relates to the registration of the lease of Unit 3 Woolrich House. The lease is revealed in the auction pack.

Application by Wallace LLP - This relates to a restriction relating to a contractual obligation on the Seller to pay overage to the previous owner. The Seller will procure that the application is either withdrawn or relevant forms provided on completion to remove the restriction such that the Property is free from the restriction and overage.

Priority Search by Tanners Solicitors - This relates to the registration of Unit 2 Woolrich House. The lease is revealed in the auction pack.