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.

117-127 Brook Street, Glasgow, G40 3AP

The boundary plan in the auction particulars does not correctly identify the property. The full extent of the property being offered for sale can be identified by referring to the Land Register of Scotland title plans, which are available to inspect in the Seller’s solicitor’s legal Pack which is available to download from the Acuitus website. The buyer is deemed to have bid with full knowledge thereof.

As to the lease of part Ground, first and second floors, the lease is currently continuing by operation of tacit relocation. The next available expiry date is 15 January 2022. The Tenant indicated that it may consider serving a notice to terminate the lease on that date, but no such notice has been served. If no such notice is served at least 40 clear days before 15 January 2022, then the lease will continue by operation of law for a further 12 months at a time, until a termination notice is served or the lease is varied by consensus.
Sold prior to auction.