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.

Please note the Product Guide for the Octopus Bridging Loan has been updated and is dated March 2025.

51 Petty France, Victoria, London, SW1H 9ET

We are instructed to sell the freehold of the entire property and the three 125 year leases of the upper parts as stated in the auction catalogue. This is to be dealt with by the signature of two separate contracts on exchange, one for the freehold interest and one for the leasehold interests. The purchase price of the freehold interest will be apportioned as £400,000 with the remainder of the purchase price being apportioned to the leasehold interests as set out in the special conditions of sale. Only one cheque for the full 10% deposit will be required on exchange.

The Land Registry have confirmed that a merger of the freehold and leasehold titles can be requested from the Land Registry when submitting the application to register the Buyer''s interests and at no extra cost (provided that it is made at the same time as registering the Buyer''s interests and that a request for merger is specified). They have further confirmed that this should not affect the existence of the Assured Shorthold Tenancies of this property as they are overriding interests but are incapable of registration. We would refer you to written confirmation received from the Land Registry in letters dated 8 May and 21 May respectively which are available to view in the legal pack. The Buyer is to rely on it''s own enquiries in this respect.