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 22

Audiologists Clinic, 2 St Stephens Lane, Verwood, Near Ringwood, Dorset, BH31 7BQ

As noted in the Special Conditions, the Receivers shall incur no personal liability under or by virtue of the sale of the Property nor in relation to any related matter or claim however whenever or wherever arising and whether the claim is formulated in contract and/or in tort or by reference to any remedy or right and in whatever jurisdiction or forum.

The Receivers are unable to address any standard form pre-contract enquiries. The Receivers’ solicitors will endeavour to address any specific title queries before the auction.

The occupational tenant, Clarity Hearing Solutions Ltd, has been dissolved. The Receivers have been advised that the occupational lease was intended to be assigned prior to the dissolution to Imperial Hearing Limited. However, the Receivers understand that this assignment was not completed. The Receivers have been receiving rents from Imperial Hearing Limited which are paid up to date at 26 March 2025. We recommend that any prospective purchaser takes their own legal advice in
this regard.

The Property was subject to a rat infestation and the Receivers have taken steps to address this. The tenant has intimated that it may seek compensation from the Landlord/Receivers in respect of the cost of the interruption to its business resulting from this, however, no claim or evidence of loss has been received by the Receivers.