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.

Former Butterley Engineering Works, Butterley Hill, Ripley, Derbyshire, DE5 3QZ

The administration is due to end on 12 November 2015 but an application to the Court to extend the administration of the Company is pending and will be heard before then. As completion is set for 3 December 2015, the contract has been made conditional on the administration of the Company being extended. As the application is made with the consent of the floating charge holder, it is not expected that the Court will refuse to extend the administration of the Company.
The planning report contained in the auction pack was prepared by Freeths in February 2015 and disclosed for information purposes only.

The auctioneers have just received correspondence from the Leader of Ripley Town Council. We are told that the Ripley Neighbourhood Plan was approved in a recent Referendum. This Neighbourhood Plan provides for the Property to be used as an industrial /commercial site. The Property was initially identified as a housing site but the reallocation as industrial / commercial was required by the Planning Inspector’s independent Examination of the Neighbourhood Plan.

We are not able to verify the accuracy of this information but are required to bring to your attention and knowledge.