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.

Britannia House, Station Street, Burton-Upon-Trent, Staffordshire, DE14 1AX

The Vendor has received an offer to lease shop unit 2. The offer is from a franchisee who trade as Egg Free Cake Box (www.eggfreecake.co.uk). Egg Free Cake Box has 85 franchises trading in the UK and the proposed franchisee trades in nearby Derby. The franchisee has offered to take a new 10 year lease at £11,800 pa with a tenant only break and a rent review at year 5, and a 6 month rent free period to carry out an extensive fit out and refurbishment. The Vendor has not taken any action in this respect pending the sale, but is happy for the Buyer to continue negotiations after the auction In respect of shop unit 6 (t/a Burchell Edwards), the Seller holds a lease, dated 28/4/2008, to’’ Cornerstone The Midlands Limited’’ and a copy of this lease is included in the Legal Pack. The Seller cannot confirm if the property is currently let to ‘’Connells Residential’’ as stated in the auction catalogue but the Managing Agent confirms that Connells Residential pay the rent. In respect of the lease to J Jepson Esq (second floor), the Seller holds a lease, dated 16/8/1999 confirming the rent at commencement of the lease to be £8,000 pa. The Seller and Managing Agent confirm the current rent collected is £5,200 pa but there are no documents to support the rent of £5,200 pa as opposed to the rent stated in the lease. No objections or requisitions shall be made in this respect. In respect of the floor areas in the auction catalogue, please note the following changes:

Unit	Approx Floor Area (sq m)	Approx Floor Area (sq ft)
Unit 5 (Draefern Limited)	61.96 sq m	(667 sq ft)
First Floor Offices (Vacant)	293.19 sq m	(3,156 sq ft)
Total	994.12 sq m	(10,701 sq ft)

As per the Special Conditions of Sale (clause 21), please note that on completion of the sale, the Buyer will pay the Seller’s legal costs equivalent to 1% + VAT of the purchase price.