Acuitus 24/10/2019 Important Auction & Property Update

ADDENDUM
To the Catalogue for
Auction Sale: 24 October 2019

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.

Lot 38

61-71 Church Street, Blackpool, FY1 4NP

With regards to the Tenancy and accommodation schedule the following amendments apply :-

Unit A - Basement - 190 sq m (2,045 sq ft)

Unit B – Part Second Floor – 155 sq m (1,668 sq ft) - Rent Review 04/04/2024

Unit C – Rent Review 10/06/2024

Unit D – Part Second Floor – 177 sq m (1,905 sq ft) - not inspected by the auctioneers – Floor Area taken from Valuation Office.

Unit D no separate access. Access is via Unit B the Chinese Buffet or via a shared service entrance at the rear of the building.

Unit E – Basement – 293 sq m ( 3,154 sq ft)

Unit E – Third – 201 sq m (2,163 sq ft)

Unit E no separate access. Access is via a shared service entrance at the rear of the building.

Total 2,229 sq m (23,993 sq ft)

The property is subject to a substation lease dated 5 August 1998 further details are available in the legal pack.

A six week completion is available to this lot.