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.

Britannia House, 5 - 6 Millmead, Guildford, Surrey, GU2 4BE

The first floor of unit 6 is let on two separate leases as detailed below and not as stated in the tenancy and accommodation schedule on page 45 of the auction catalogue. Copies of the leases are available within the legal pack.

	Use	Sq M	Sq FT	Tenant	Term	Rent (pa)	Notes
First floor, back room	Office	18.13	195	The View PR & Marketing Limited (CRN 07001042)	Minimum term 6 months from 1st October 2017	£6,600	Mutual option to determine the lease on 3 months written notice but Seller is unable to prove that procedure to exclude rights of renewal in Sections 24-28 Landlord & Tenant Act 1954 were followed and so should be considered as a tenant only break.
First floor, Front room	Office	14.42	155	Socratics Limited (CRN 04713376)	Minimum term 6 months from 1st October 2017	£4,200	Mutual option to determine the lease on 3 months written notice but Seller is unable to prove that procedure to exclude rights of renewal in Sections 24-28 Landlord & Tenant Act 1954 were followed and so should be considered as a tenant only break.
		32.55	350			£10,800

As to Unit 5, the tenant Sciecure Pharma Limited are in negotiations with the Seller take a new lease of unit 5 for a term of 5 years, subject to a tenant option to determine the lease on the 3rd anniversary of the term, at a proposed rent reserved of £22,500 per annum rising to £24,000 per annum after the first year. A copy of the heads of terms, subject to contract, are available within the legal pack. VAT is applicable to the sale of this property and not as stated on page 45 of the Auction catalogue.