Acuitus 25/05/2017 Important Auction & Property Update

ADDENDUM
To the Catalogue for
Auction Sale: 25 May 2017

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 69

Lomond Galleries, Alexandria, West Dunbartonshire, G83 0UG

In relation to the tenancy and accommodation schedule on page 99 of the auction catalogue, please note Halo occupy Unit 4A and not Unit 2A as stated.

On 24th June 2015 planning consent was granted under Ref No – DC11/242 by West Dunbartonshire Council to extend the shopping centre to form a foodstore, and associated alterations including taking down and re-construction of the existing stone façade to form a new elevation and erection of a glazed entrance. A copy of the planning consent is available for review within the legal pack.

The approximate floor areas stated within the tenancy and accommodation schedule have been provided by the seller and whilst the approximate floor areas are understood to be correct they cannot be warranted. The Auctioneers have not measured the property.
For the purposes of clarification, the completion period is 28 days and not as stated.