ADDENDUM - LSH Auctions

Date: 02/07/2015
Time: 17:13
ADDENDUM
Auction: Monday 13 July 2015
Hotel: Millennium Hotel, 44 Grosvenor Square, London W1
Lots Sold Prior:
Lots Withdrawn:
40
Lot 1
First Floor, 341 Upper Richmond Road West, London SW14
The user clause within the lease has been updated to allow two single private dwellings each with one bedroom (the previous
draft referred to three single private dwellings but did state the user clause was to be agreed).
Lot 4
Old Crow, 163-165 Bell Lane, Bury
The correct rent currently received is £28,524.43 per annum. The car parking area to the side of the pub is not included in the
sale (please refer to the legal pack).
Lot 5
Boss Office Systems Ltd, Folds Road, Bolton
We have been informed by the vendor, that he has been in discussions with the Freeholder and that the freehold of the
property could potentially be bought for £5,000. Please note, this is separate to the leasehold sale.
Lot 6
18 Batty Street, London E1 1RH
The o/s map in the catalogue is incorrect; please refer to the legal pack.
VAT is not payable on this property. It is believed the measurements are as follows (supplied by vendor):
Sq m
Sq ft
Ground
First
41.7
448
42.7
459
Second
Third
46.6
46.6
501
501
TOTAL
177.6
1,909
Lot 15
34-35 Great Oak Street, Llanidles
VAT is applicable.
Term is for 999 years from 24 June 2004 at £1 per annum.
Tenant obligation to pay 30% of the annual maintenance costs incurred by the landlord.
Landlord repairs structure.
Lot 16
34, 36 & 38 Wilkins House, Station Road, Billinghurst
The map within the catalogue shows the incorrect building, please look at the legal documents.
Lot 17
The Workers, Market Street, Rochdale
The correct rent currently received is £27,061.88 per annum. There is no residential accommodation upstairs, but instead is used
as a function room.
Lot 20
McQueen House, 79 Silver Street, Reading
The Telecoms Lease of Roof Space referred to in the Tenancy Schedule and Extra Special Condition 8 expired by effluxion of time
on 29th December 2014 but the Telecoms apparatus remains in place. The tenant under the Overriding Lease (as defined in
Extra Special Condition 1 and to be surrendered immediately prior to completion of the sale) having demanded and accepted a
whole year’s rent to 29th December 2015 will be deemed to have granted a periodic tenancy of that roof space. It is for the
Buyer to satisfy itself on any security of tenure that sub-tenant might have acquired and any statutory rights of continuing
occupation.
In Special Conditions (VAT) “and VAT will be payable on the price” is deleted and replaced with and condition G15 applies”.
Lot 22
The Spotted Cow, 179 Bell Lane, Bury
The Schedule of Floor areas within the catalogue is incorrect and should read as follows:
Sq m
Sq ft
Ground Floor Licensed
Ground Floor Gross
73
786
123
1,324
Living Quarters
22
94
236
1,012
TOTAL
239
2,572
Cellar
Lot 29-31
Telecoms masts and land at Lothians View, Castlandhill Road, Rosyth
Please note the photographs identify the telecoms masts for Lots 29 and 30 as well as land and views of the surrounding area.
These are for information purposes only and interested parties should make their own physical inspection of the site, request
specific photographs from the Auctioneers and refer to the Title Plan in the legal documentation.
Lot 39
4 Oaklands Gate, Northwood
VAT is not payable on the purchase price.
2