Acuitus 28/03/2018 Important Auction & Property Update

ADDENDUM
To the Catalogue for
Auction Sale: 28 March 2018

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 16

20 High Street, Haverhill, Suffolk, CB9 8AR

The freehold title under title number SK178755 (item 1 of the Legal Pack) is subject to a lease dated 25 April 1963 for the premises known as the land fronting high street and for a term of 99 years from 25 March 1962 (‘’the Lease’’). According to the official copy of the register for the freehold title, no further details of this Lease were supplied to the Land Registry upon first registration and it now takes effect as an underlease. The Seller has requested the Lease from the Land Registry, but the Land Registry has confirmed that the Lease cannot be located (please see item 17 of the legal pack). As such, the Seller does not have or know of any further information regarding the Lease other than that which is provided in the legal pack.

Please delete HSBC and Nat West banks as nearby occupiers as they no longer occupy 31 & 35 High Street. Please also note that Betfred now occupy 14 High Street and Co-Op Funerals occupy 24 High Street.