Acuitus 09/07/2020 Important Auction & Property Update

ADDENDUM
To the Catalogue for
Auction Sale: 9 July 2020

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 20

North Downs Golf Club, Northdown Road, Woldingham, Caterham, Surrey, CR3 7AA

Correspondence has been received from Tandridge District Council informing that a request has been made to Tandridge Parish Council on 1st July 2020 for the property to be registered as an Asset of Community Value. A decision will be made whether to register the land as an asset of community value by 26th August 2020.

Correspondence has also been received by the Seller from the Chair of the Planning Policy committee of Tandridge District Council. A copy of the correspondence is available in the legal pack.

Correspondence has also been received from the freeholder of the lease dated 16 February 1951 objecting to the potential assignment but without prejudice to this that they will not prevent an assignment if the land is used for the purpose for which it is leased i.e. as part of the golf course. A copy of the correspondence is available in the legal pack.

The interest being offered for sale is the freehold property being land on the south side of Church Road, land lying to the east of Southfields Road and North Downs Golf Club Southfields Road Woldingham Caterham registered at HM Land Registry with title absolute under title numbers SY230874 SY577683 and SY763548 respectively and the leasehold land being land on the east side of Northdown Road Woldingham Caterham registered at the Land Registry with good leasehold title under title number SY764489, collectively known as North Downs Golf Club Northdown Road Woldingham Caterham CR3 7AA together with the business of the North Downs Golf Club (“the Business”) and NOT the company Safegolf Limited (registered in England and Wales under company number CRN 3818422.) as stated in the previous addendum to the auction catalogue. However, the company Safegolf Limited may be available to the Buyer under a separate negotiation.
Withdrawn prior to auction.