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.

Heath Place, off Ash Grove, Bognor Regis, West Sussex, PO22 9SL

Please note that the map indicating the location of the property has been updated on the particulars on the Acuitus website. The arrow on page 37 of the hard copy auction catalogue does not correctly reflect the location of the property.
Please note that there are approximately 140 marked car parking spaces on site and not as stated in the auction catalogue.
For the purposes of clarification, please note that the property comprises a production and ancillary office building with substantial parking facilities. The entire ground floor (except for a reception and lobby area) is occupied by the tenant URT Composites Limited who currently use the area for production and ancillary offices. A substantial part of the first floor is also occupied by URT Composites Ltd for production, storage and ancillary offices. The area currently un-occupied comprises a separate and self-contained reception and lobby area at ground floor level which leads to the rest of the first floor currently fitted out as ancillary offices. There are a number of prefabricated garages and outbuildings on site and an electricity sub station.
An arrears schedule has been updated. The Buyer shall be responsible for the current arrears as referred to in clause 4.5 of the Extra Special Conditions.