Acuitus 13/10/2016 Important Auction & Property Update

ADDENDUM
To the Catalogue for
Auction Sale: 13 October 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 £1,250+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.

Lot 37

NCP Car Park, Dalby Avenue,, Bedminster, Bristol, BS3 4HH

The property being offered for sale comprises the Freehold registered at the Land Registry under title number BL77569. The freehold title includes a strip of land outside of the land demised by the NCP lease and which is occupied by an adjoining owner . The seller has not objected to the adjoining owner''s occupation of this strip of land. Please refer to the Deed of Surrender that varied the NCP lease demise dated 9th July 2013 which is provided in the Legal Pack which shows the strip of land referred to.

As to the description paragraph on page 60 of the Auction catalogue approximately 23 of the 170- car parking spaces are located wholly or partly within the strip of land outside of the land demised by the NCP lease. For clarity the entire site area is approximately 0.49 hectares (1.22 acres) and the site area demised under the terms of the lease to National Car Parks Limited is approximately 0.45 hectares (1.11 acres).