Acuitus 09/05/2024 Important Auction & Property Update

To the Catalogue for
Auction Sale: 9 May 2024

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 £1,500+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 June 2024.

Lot 50

Junction Road Car Park, Eastbourne, East Sussex, BN21 3TX

As to the Note in the Auction sale particulars detailing the restrictive covenants on the Title, please add the following

3. Indenture dated 30 November 1882 – not to erect any buildings or erections on the Property without consent in writing of William Duke of Devonshire his heirs or assigns or the owners for the time being of Compton Place also not without such consent use the Property as a public houser beershop or shop for carrying on any trade or business except that of a builder or carriage builder. Also not to do or permit to be done upon the Property any act or thing which might be or become a nuisance injury or annoyance to any land of William Duke of Devonshire adjoining or near to the Property or to the tenants thereof or do any act which might deteriorate the value of said land

4. Conveyance dated 26 September 1933 – restrictive covenants and rights reserved – please refer to the copy document supplied with the title documentation.

5. The passageway at the back and side of title EB6489 is subject to rights of way.

There are unauthorised occupiers on part of the site and court action is being taken to remove them.
Sold prior to auction.