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.

2-18 Princes Street & 13 Mount Street, Stafford, Staffordshire, ST16 2BZ

Please note that the correct address for the property is as above and not as stated in the auction catalogue.
Heads of Terms have been agreed relating to a letting of 18 Princes Street to Cash Converters (UK) Limited. Draft documents have been circulated but exchange and completion will not take place prior to the auction date. Following the auction date, any progress will be discussed with the buyer.
As to the gas and electricity contracts at the above site, please note that the gas and electricity supplies for 18 Princes Street serve the vacant ground floor retail unit. All other supplies relate to the vacant upper floors. The gas contract for 1-3 Mount Street has not been renewed. A summary of these contracts are available within the legal documentation.
There is an individual employed by the seller relating to this property. A copy of the contract of employment is available from the website. Please note that the salary of the employee was increased on 1 April 2011 to £3,525.00 per annum.
Please note that there have been some amendments to the special conditions and transfer documents for this property. The revised special conditions and transfer documents have been made available in the legal pack and the purchaser is deemed to purchase with notice and full knowledge thereof.