Acuitus 11/07/2019 Important Auction & Property Update
ADDENDUM
To the Catalogue for
Auction Sale: 11 July 2019
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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 13
204 Battlefield Road, Glasgow, G42 9HN
In the tenancy and accommodation schedule in the auction catalogue, please note that the lease is not subject to a guarantee from Integrated Dental Holdings Limited. The guarantor was discharged from their obligations under the lease further to the lease extension in 2012 and in line with the Deed of Variation - please see legal pack.
In respect of footnote (3) in the auction particulars, a Schedule of Condition was prepared at the commencement of the Lease in 2002. At lease commencement, although the current Seller was not the owner at the time, the Seller’s Solicitor understands that the then Landlord and the Tenant relied on a Survey Report as the Schedule of Condition, but that this was never transposed into the Lease.
Please note the property has the following approximate net internal floor areas and not as stated in the auction catalogue:
Ground | Dental Practice | 54.43 sq m | (586 sq ft) |
Basement | Dental Practice | 63.17 sq m | (680 sq ft) |
Total | 117.60 sq m | (1,266 sq ft) |
The approximate floor areas are provided for a use as a guide only and do not form part of the contract of sale.