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.

12 - 18 High Road, East Finchley, London, N2 9PJ

As to the planning paragraph in the auction particulars, the property has been granted planning consent on 8th January 2018 under reference 16/2351/FUL for the demolition of the existing building and the construction of 21 flats and B1 offices. There is a resolution to grant a further planning permission under reference 18/5822/FUL for the demolition of the existing buildings and construction of 24 flats and 479 sqm (5164 sq ft) of B1 offices, subject to completion of a s106 agreement. It is anticipated that the s106 agreement will be completed and planning permission granted prior to the auction. The resolution to grant the planning application reference 18/5822/FUL provides for a capital contribution in lieu of providing affordable housing. There are no other pending planning applications so the reference to an application to increase the number of flats to 25 units is to be disregarded.