Acuitus 23/02/2012 Important Auction & Property Update

ADDENDUM
To the Catalogue for
Auction Sale: 23 February 2012

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.

Please note the Product Guide for the Octopus Bridging Loan has been updated and is dated March 2025.

Lot 7

14 Deptford High Street, London, SE8 4AF

The tenant is now trading as Jennings Bet and the fascia of the building has been rebranded as such. As to the situation paragraph and bullet point at the top of page 18, the High Street is partly pedestrianised and not as stated. The Receivers have received confirmation from HMRC that having checked their records they do not appear to have been notified of an option to tax in respect of the Property. However, the Receivers & Auctioneers offer no warranty that such notification has not been made. To meet the Money Laundering Regulations 2007 the buyer will be asked to provide the following original forms of identification which the auctioneers will photocopy for their records: If the buyer is an individual:

  • 2 documents:
    • A document containing your name and photograph. This can include a valid Passport, valid photo card driving licence, national identity card etc.
    • A recent confirmation of your place of residence. This can include utility bill, a Bank, building society or credit union statement, the most recent mortgage statement from a recognised lender, confirmation from an electoral register that a person of that name lives at that address etc.

If the buyer is a trust, corporate or partnership:

  • A certificate of incorporation/partnership agreement
  • Evidence that the buyer / buyers have authority to act for the firm