Acuitus 13/07/2017 Important Auction & Property Update
ADDENDUM
To the Catalogue for
Auction Sale: 13 July 2017
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 33
131 High Street, Poole, Dorset, BH15 1AN
Please note the property benefits from a second floor, which is ancillary use comprising about 36.68 sq m (395 sq ft). The total floor area therefore comprises about 757.50 sq m(8,154 sq ft) and not as stated in the auction catalogue. On the street traders plan, please note that 141 High Street is now Taco Bell and 118 High Street is now unoccupied. Please delete the reference to McDonalds being a nearby occupier.
Please note that in respect of footnote (2) in the Auction Particulars, the new reversionary lease to Peacocks Stores Limited has now completed and is for a term commencing 11th July 2017, expiring on 6th August 2023 at a rent of £70,000 per annum subject a rent free period which expires on 10th July 2018. The lease is FRI subject to a Schedule of Condition. The Seller has agreed to adjust the completion monies so that property will effectively produce £70,000 per annum from completion of the sale until the expiry of the rent free period.