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.

Clarence Building, Market Place, Hinckley, Leicestershire, LE10 1NT

For the purpose of clarification the lease for 3 Market Place expires on 31/05/2021.
In relation to CPSE.2 enquiry 8.2, please note the following update with regard to the lease of Unit 3:
Unit 3 is currently let to two individuals. A statutory demand was served on one of the individuals in relation to arrears of rent. This individual has made an application to set aside the statutory demand on the basis that he alleges to have paid all sums due. To date £37,535.89 is still outstanding. The application made by this individual is listed to be heard at Birmingham County Court on 10 November 2016. Attempts have also been made to serve a statutory demand on the other individual, but, to date, it has not been possible to personally serve him. Please note that any settlement agreement made between the Seller and the tenant of Unit 3 shall not form part of the arrears purchased by the Buyer as per the special conditions.