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.

39-43 Station Road, Redhill, Surrey, RH1 1QH

For the purposes of clarification, please not that only part of the first floor and part of the second floor of the office accommodation above the bank are demised to National Westminster Bank plc and not as stated in the tenancy and accommodation schedule in the auction catalogue.

Please note that both the leases for the lower ground and ground floor and part first and part second floor of 39-43 Station Road are let to National Westminster Bank plc and not as stated in the auction catalogue. Both of these leases contain a right for the tenant to determine the lease if the premises remain part of the Portfolio at any time on or after the expiration of the fifth year of the term subject to clause 25 of the Portfolio Agreement. Shoosmiths have not seen a copy of the Portfolio Agreement.

If the premises no longer forms part of the Portfolio then the tenant can determine the lease at any time on or after the expiration of the fifth year of the term on at least six months prior written notice on the condition that the rent is paid up to date, the tenant gives vacant possession and if the determination is before the expiry of the fifteenth year of the term, the tenant has to pay an amount equal to 12 months rent. If the determination is after the expiry of the fifteenth year of the term, the tenant has to pay an amount equal to 6 months rent. Please therefore also delete reference to the first bullet point on page 16.

As to the lower ground floor of the bank, please note that the accommodation has an approximate floor area of 98.57 sq m (1,061 sq ft) and not as stated in the auction catalogue.

Please note that Reigate and Banstead Borough Council have been working on improving parts of Redhill town centre. The Borough Council intend to contact the new owners of the Property to obtain their consent to carry out some minor works to close or limit access to two alleyways on the land.