Acuitus 09/07/2014 Important Auction & Property Update

ADDENDUM
To the Catalogue for
Auction Sale: 9 July 2014

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 27

Kiln House, 27-43 Pottergate, Norwich, Norfolk, NR2 1DA

Since the catalogue was issued we have been made aware of statements attributable to an officer of Optima Offices Limited that the company is not intending to take up occupation of its premises. We have not investigated the veracity of these statements. The seller has not released Optima Offices Limited from its obligations within the lease nor made any arrangement (formal or otherwise) to do so . However, we are aware that Optima Offices Limited has limited assets and prospective bidders are advised to conduct their own investigations into the financial status of the company and should not rely on the income that is lawfully due from Optima Offices Limited under the terms of its lease.
The correct postcode for the property is NR2 1DA.
The disclosed maintenance contracts in the legal pack are in agreed form and with the suppliers for signature, but they have not yet been formally completed. The seller will not be entering into the contracts and accepts no obligation to transfer the benefit of any of them. The seller will be terminating the existing maintenance contracts which the disclosed maintenance contracts are due to replace.