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.

Havell House, 62-66 Queens Road, Reading, Berkshire, RG1 4AZ

The new lease to IT Talent Solutions Limited, referred to in the tenancy schedule, has now been signed. The lease is for a term of 5 years from 06/05/2014. The tenant benefits from 5 months at half rent and they have an option to determine the lease after 3 years. A copy of the lease is included in the legal pack. The sellers will adjust the completion monies with regard to the reduced rent from IT Talent Solutions Limited and also with regard to the lease to Optical Express Limited, so that the property will effectively produce £131,512 pa gross from completion of the sale. The description on the catalogue page 39 refers to VRV air conditioning with floor by floor control and other specification details, bidders are deemed to have made their own inspection of the property and satisfied themselves as to the specification details. There is a copy of the air conditioning report in the legal pack.