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.

32 High Street & 11-15 Woodbine Place, Wanstead, London, E11 2RH

As to 32 High Street occupied by Churchill Estates. The lease dated 14th April 2009 was assigned to Churchills International Limited in 2010. It later transpired that there was a typographical error in the name of the tenant company and consequently it was agreed by both landlord and tenant to apply to disclaim the lease. This has been done, and the leasehold title has been closed by the land registry. A new lease at a rent of £30,000 pa has been agreed between the parties which is on the same terms as the previous lease, the new lease is due to be completed by the end of June 2021. The approved form of lease to Churchills International Ltd (company registration number 0481529) can be found in the legal pack.

As to the Accommodation and tenancy schedule in the Auction particulars, please add the following.

As to 11 Woodbine Place, the lease provides for the rent to be reviewed on 05/02/2024.
As to 12 Woodbine Place, the lease provides for the rent to be reviewed on 28/02/2026.
As to 12a Woodbine Place, the lease provides for the rent to be reviewed on 28th February 2021 and every 5th anniversary to that date.
As to 14/15 Woodbine Place, the lease provides for the rent to be reviewed on 08/10/2021 and 2024.