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.

Coop Convenience Store, 136 Southwark Bridge Road, London, SE1 0DG

The Right to Manage Company, MyBase 1 RTM Company Limited are currently undertaking remedial works to the external cladding of the building, details of the works are available within the Legal Pack. The managing agents for the building have written to the lessees informing them that the Building Safety Fund have agreed to fund the cost of the cladding replacement. A copy of the letter is available in the Legal Pack. There is relatively small element of the works that are not covered by the under-Building Safety Fund scheme, the cost of which are estimated at approximately £225,000 plus VAT. An invoice for £5,695.81 for the contribution towards the non-reclaimable costs under the service charge provision of the 999 year is available in the legal pack. This invoice has been settled by the Seller and the contribution is recoverable from the occupational tenant. The project is currently expected to be completed in August 2023 and estimations from the managing agent suggest a further contribution may be required between £50,000 - £100,000 plus VAT for the whole building. The units contribution to these costs will be based on the estate percentage applicable to this unit.