Acuitus 27/03/2025 Important Auction & Property Update

ADDENDUM
To the Catalogue for
Auction Sale: 27 March 2025

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 9

117-151 Holton Road, Barry, Nr Cardiff, South Glamorgan, CF63 4HP

Please note that the Lease Renewal to Iceland Foods Limited has completed. As per footnote (4) in the auction particulars, the new lease has completed for a term of 5 years from 26/3/2025, without break, at a rent of £55,000 pa. A copy of the new lease has been uploaded to the Legal Pack. Please note that the total rent passing should now read £373,550 pa and not as stated in the auction particulars. In respect of the Special Conditions of Sale, amended Special Conditions (as of 10/3/25) have been uploaded to the auction pack to reflect the below: 1. Condition 5.1.2 relating to 143 is deleted. 2. In the Tenancy Schedule entry for 143 Holton Road as follows:-

Property Date Original landlord
and tenant
Current tenant Term Current rent
143 Holton Road 10/03/2025 Trump Estates
Limited (1) and Iceland Foods (2)
Iceland Foods 5 years
from
26/03/2025
£55,000 pa

Please note that there were a few typographical errors in the Special Conditions and the TR1 originally uploaded to the legal pack. These have been corrected and both the Special Conditions and the TR1 were re-loaded to the Legal Pack on 13th March 2025. In respect of 129 Holton Road (t/a Cardzone), please note that the tenant served a S27 Notice on 19th March 2025, to terminate its tenancy on 24th December 2025. A copy of the S27 Notice has been added to the legal pack.