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.

33 Victoria Street, Paignton, Cornwall, TQ4 5DD

As to the tenancy and accommodation schedule on page 106 of the auction catalogue, the property is let on assignment to Cashino Gaming Limited guaranteed by Praesepe Limited for a term of 15 years from 2nd October 2006 until 1st October 2021. Cashino Gaming Limited has signed a Reversionary lease for a term of 5 years from 30th July 2020 until 30th July 2025. There is a deed of variation dated 17th April 2015 varying the rent reserved under the terms of the lease from £36,500 per annum exclusive to £30,500 per annum exclusive.

The property is located approximately 2 miles south of Torquay and not 2 miles south of Truro and is located in Devon and not as stated of page 106 of the auction catalogue.