Acuitus 23/03/2016 Important Auction & Property Update

ADDENDUM
To the Catalogue for
Auction Sale: 23 March 2016

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.

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

Lot 79

Breeden House and Regency Court, Edleston Road, High Street, Crewe, Cheshire, CW2 7EA

In respect of the tenancy and accommodation schedule on page 113 of the auction catalogue, please note the following changes; Unit 249-251 is let to The Lady Verdin Trust Limited, Unit 259 and Suite 2B is let to Tax Matters Accountants Limited with guarantor and Unit 261 is let to Caron Hull Limited with guarantor and not as stated. As to the Tenancy & Accommodation Schedule on page 113 of the auction catalogue, please note that the approximate floor areas are as follows and not as stated in the auction catalogue:

Unit Floor Use Sq m Sq ft
Breeden House
245-247 Ground Retail/Ancillary

235.44

2,534

249-251 Ground Retail/Ancillary

179.01

1,927

253-255 Ground Retail/Ancillary

146.62

1,578

257 Ground Retail/Ancillary

55.70

600

259 Ground Retail/Ancillary

56.48

608

261 Ground Retail/Ancillary

47.00

506

263-265 & 48 High Street Ground Retail/Ancillary

180.31

1,941

Suite 1 First Office

67.14

723

Suite 2b First Office

58.29

627

Suite 5 First Office

59.18

637

Suites 2a-12 First & Second Office

948.03

10,205

Regency Court

Suites 1-5, 38-46 High Street

First & Second Office/Ancillary

899.78

9,685

30 High Street Ground & First Retail/Ancillary

217.55

2,342

38 High Street Ground Retail/Ancillary

249.01

2,680

40 High Street Ground Retail/Ancillary

166.66

1,794

42 High Street Ground Retail/Ancillary

60.22

648

44 High Street Ground Retail/Ancillary

83.50

899

46 High Street Ground Retail/Ancillary

91.11

981

Total    

3,801.03

40,915

In relation to the description paragraph, please note that the Breeden House office accommodation has been subdivided into 14 suites and not as stated.