Exhibit 10.9


 


DATED 12 April 2013


 


AVIVA INVESTORS PENSIONS LIMITED


 


and


 


ARC WKBPLUK001, LLC


 


AGREEMENT


 


for the sale and purchase of Wickes Store,
New Preston Road, Blackpool


  





Legal Services


Surrey Street


Norwich










 




    	 



    	 



    

 


CONTENTS


 





	Clause 1	Definitions
	Clause 2	Interpretation
	Clause 3	The Property Sold
	Clause 4	Completion
	Clause 5	Covenant for Title
	Clause 6	Incorporation of Conditions
	Clause 7	Variation of Conditions
	Clause 8	Title
	Clause 9	Matters Affecting the Property
	Clause 10	Representations Excluded
	Clause 11	Apportionment of Rent due under the Lease
	Clause 12	Arrears
	Clause 13	Interest – Late Payments
	Clause 14	Form of Transfer
	Clause 15	Discharge of Contract
	Clause 16	VAT
	Clause 17	Risk and Insurance
	Clause 18	Planning
	Clause 19	Tenant’s Fixtures and Fittings
	Clause 20	Whole Contract
	Clause 21	Buyer’ Bank Details
	Clause 22	English Law
	Clause 23	Contracts (Rights of Third Parties) Act 1999
	Clause 24	Capital Allowances
	Clause 25	Acknowledgement
	Clause 26	Rent Authority Letter
	Clause 27	Pending Registration




  




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	Clause 28	Following Completion
	Clause 29	Opinion Letter
	Clause 30	Title Indemnity Insurance Policy 







  




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THIS AGREEMENT
dated                                                        
2013 is made BETWEEN


 


(1)The Seller: AVIVA INVESTORS PENSIONS
LIMITED (company registration number 1059606) whose registered office is at 1 Poultry London EC2R 8EJ


 


(2)The Buyer: ARC WKBPLUK001, LLC (a
limited liability company registered in the State of Delaware) whose registered office is at 2711 Centreville Road, Suite 400,
Wilmington, Delaware 19808 USA


 


IT IS AGREED:-


 


		1.	DEFINITIONS



 


In this agreement the following
expressions shall have the following meanings:-


 


Actual
Completion" means the date on which the sale and purchase of the Property is actually completed in accordance with the
terms of this agreement


 


"Buyer's
Solicitors" means Trowers & Hamlins LLP 3 Bunhill Row London EC1Y 8YZ (reference JCA/ARC/02)


 


"Completion
Date" means   3    May  2013 and for the avoidance of doubt is the “completion
date” for the purposes of the Conditions


 


"Conditions"
means the Standard Commercial Property Conditions of Sale (Second Edition)


 


“Contamination”
means the presence in, on, under or over the Property of any substance capable of causing pollution or contamination of the environment


 


"Customs"
means H M Revenue & Customs


 


"Income"
means the principal yearly rents other sums reserved as rent insurance costs interest and all other sums payable under the Lease


 


"Lease"
means the documents relating to a tenancy to which the Property is subject short particulars of which are set out in the Second
Schedule and any other supplemental document entered into in accordance with this agreement by the Seller in connection with the
management of the Property between the date of this agreement and Actual Completion


 




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"Planning
Acts" means the Town and Country Planning Act 1990 and all other legislation for the time being in force relating
to town and country planning


 


"Price"
means three million eight hundred and ninety-three thousand pounds (£3,893,000)


 


"Property"
means the property described in the First Schedule


 


“Records”
means the records referred to in Section 49 VATA and which relate to the Property


 


"Seller's
Solicitors" means Aviva Legal Services of PO Box 432 5th Floor Carrara Surrey Street Norwich NR1 3PG (Reference
LS/JW)


 


"Tenant"
means the tenant under the Lease


 


"VAT"
means Value Added Tax chargeable under the Value Added Tax Act 1994 or any identical or substantially similar tax which may replace
such Value Added Tax and whether payable as a result of any election or otherwise


 


"Working
Day" means a day falling on or between Monday and Friday upon which clearing banks in the City of London are open for
normal business


 


		2.	INTERPRETATION



 


		2.1	Words importing the singular number only shall include the plural number and vice versa and words
importing any particular gender shall include masculine feminine and neuter genders



 


		2.2	Any reference in this agreement or in the Conditions to a statute or order shall include any statutory
extension or modification or re-enactment of such statute or order and any regulations directions bye-laws orders or other such
matter made under or pursuant to it or them



 


		2.3	The clause and schedule headings (if any) in and the front cover of the agreement are for reference
only and do not affect the construction or interpretation of this agreement



 


		2.4	A reference to a clause or schedule without further designation is to a clause or schedule of this
agreement and a clause includes a sub-clause



 




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		2.5	References in this agreement to the Buyer shall save where indicated to the contrary include its
successors in title



 


		2.6	Unless this agreement requires otherwise references to persons include firms companies and corporations
and vice versa



 


		3.	THE PROPERTY SOLD



 


The Seller shall sell and the
Buyer shall buy the Property at the Price on the terms of this agreement


 


		4.	COMPLETION



 


Completion of the sale and
purchase hereby agreed shall take place on the Completion Date


 


		5.	COVENANT FOR TITLE



 


The Seller sells the Property
with full title guarantee subject to the terms of this agreement


 


		6.	INCORPORATION OF CONDITIONS



 


		6.1	The Conditions shall be deemed to be incorporated in this agreement insofar as they are not varied
by or inconsistent with the terms of this agreement



 


		6.2	Where the terms of this agreement conflict with the Conditions the terms of this agreement shall
prevail



 


		7.	VARIATION OF CONDITIONS 



 


The Conditions are varied as
follows:-


 


		7.1	The contract rate is 3 percent per annum above the base lending rate from time to time of Barclays
Bank plc



 


		7.2	Conditions 1.3.3(b) 1.3.5(c) 1.3.7(e) 1.3.8 5 6.1 6.3 6.4.2 6.6 7 8.1.3 8.3 10.3 and 11 shall not
apply



 


		7.3	Condition 1.3.1 - add at the end the words "and signed by (or by some person duly authorised
by) the person giving it and in the case of service on the relevant party's solicitors quoting the reference set out in this agreement"



 


		7.4	Condition 1.3.4 – delete “subject to conditions 1.3.5 to 1.3.7” and insert “subject
to condition 1.3.5”



 




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		7.5	Condition 1.4 shall be replaced by the following:-



 


"An obligation to pay money
or the receipt of a taxable supply includes an obligation to pay any Value Added Tax chargeable in respect of that payment or due
in respect of the relevant taxable supply as the case may be"


 


		7.6	The Buyer's obligation to pay money due whether on the date of this agreement or on Actual Completion
shall be discharged by telegraphic or other direct transfer to the bank account specified by the Seller's Solicitors



 


		7.7	Condition 2.2.2 shall be replaced by the following:-



 


"A deposit of one hundred
and ninety-five thousand pounds (£195,000) shall be paid by the Buyer to the Buyer’s Solicitors to be held by them
as stakeholder and the interest on the deposit shall be paid to the Seller at Actual Completion and if for any reason whatsoever
the Seller becomes entitled under the Conditions to retain for its own benefit the deposit paid by the Buyer the Buyer undertakes
to pay to the Seller on demand such sum as with the deposit already paid would amount to a full 10% of the Price together with
compensation calculated at the contract rate on the deposit from the date of this agreement until payment"


 


		7.8	Condition 4.2.3 – add the word “reasonable” after the words “in accordance
with”



 


		7.9	Condition 8.1.1 - add after the words "Completion date is" the words "the date specified
in clause 1 or if none"



 


		7.10	Condition 8.1.2 - the reference to “conditions 8.3 and 9.3” shall be substituted by
the reference to “condition 9.3 and the apportionment provisions of this agreement” and the words “as a result
of the buyer’s default” shall be deleted



 


		7.11	Condition 8.4(a) – replace the words “condition 8.3” with “the provisions
of this agreement”



 


		7.12	Condition 8.4 (c) - replace “condition 7.1.2 or 7.1.3” with “clause 17 of this
agreement”



 


		7.13	Condition 9.1.1 - add after the words "leading to it" the words "(made or confirmed
in writing by the Seller's Solicitors)"



 




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		7.14	Condition 9.2 (c) - replace the words “condition 7.1.2 (e)” with “clause 17 of
this agreement”



 


		8.	TITLE



 


The Seller having deduced title
to the Property to the Buyer before the date of this agreement as the Buyer accepts and in addition having produced to the Buyer
copies of the documents referred to in the Schedules the Buyer shall be deemed to purchase with full knowledge of the contents
of such documents and shall take subject thereto and shall raise no objection to or requisition on any matter concerning or arising
out of the title to the Property or to or on any such document save for any matters arising whether from the usual pre-completion
searches or otherwise after the date of this agreement


 


		9.	MATTERS AFFECTING THE PROPERTY



 


		9.1	The Property is sold subject to and (as the case may be) with the benefit of the following matters
so far as they are still subsisting and capable of taking effect at Actual Completion:-



 


		9.1.1	the entries in the property and charges registers of the title number specified in the First Schedule
(save for any financial charges) and the matters referred to in or arising out of the documents brief details whereof are set out
in the Third Schedule



 


		9.1.2	the Lease



 


		9.1.3	all rights of way water light and air support drainage and other rights easements quasi-easements
liabilities and public or private rights whatsoever and to any liability to repair or contribute to the repair of roads passages
sewers drains pipes fences party structures and other like matters



 


		9.1.4	in respect of the whole or any part of the Property which is registered any matters which are unregistered
interests which override registered dispositions under Schedule 3 to the Land Registration Act 2002 and in respect of the whole
or any part of the Property which is unregistered any matters which are or would be unregistered interests which override first
registration under Schedule 1 to the Land Registration Act 2002



 




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		9.1.5	all local land charges (whether or not registered before the date of this agreement) and all matters
capable of registration as local land charges (whether or not actually registered)



 


		9.1.6	all notices served and orders demands proposals or requirements made by any local or other public
or competent authority whether made before or after the date of this agreement



 


		9.1.7	all actual or proposed orders directions plans notices instruments charges restrictions conditions
agreements or other matters arising under any statute relating to the Planning Acts and any laws and regulations intended to control
or regulate the construction demolition alteration or change of use of land or buildings or to preserve or protect the environment



 


and the Seller warrants to
the Buyer that that it has disclosed any such matters revealed by its records.


 


		10.	REPRESENTATIONS EXCLUDED



 


In relation to this sale and
purchase the Buyer hereby admits that it has not entered into this agreement in reliance wholly or partly upon any statement representation
or description whatsoever made by or on behalf of the Seller save as set out in this agreement or any written statements of the
Seller's Solicitors in reply to enquiries before contract which were not capable of independent verification by:-


 


		10.1	non-intrusive inspection and survey of the Property or any part thereof to the extent reasonably
to be expected of a prudent purchaser



 


		10.2	searches and enquiries of the local or other public authority to the extent reasonably to be expected
of a prudent purchaser or



 


		10.3	inspection of the documents disclosed to the Buyer



 


(whether or not such inspections
survey search and enquiry have been made)


 




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		11.	APPORTIONMENT OF RENT DUE UNDER THE LEASE



 


		11.1	In this clause "Rent" means the principal yearly rent reserved under the Lease
at the rate payable on Actual Completion



 


		11.2	The Rent will be apportioned with effect from Actual Completion so that the Seller pays or allows
to the Buyer on Actual Completion the total of:



 


Rent


 


____ x A


 


365


 


for the Lease where A is the
number of days from but excluding Actual Completion to but excluding the date when the next instalment of the Rent under the Lease
is due plus half a day


 


		11.3	The Seller shall not be required to account to the Buyer for any Rent in respect of the period
after Actual Completion unless the Seller has actually received such Rent from the Tenant



 


		11.4	If after Actual Completion the Seller receives any Rent the whole or any part of which is attributable
to the period after Actual Completion the Seller shall within five Working Days of receipt pay such Rent or the part so attributable
to the Buyer



 


		11.5	If after Actual Completion the Buyer receives any Rent the whole or any part of which is attributable
to the period up to and including half of the day of Actual Completion the Buyer shall within five Working Days of receipt pay
such Rent or the part so attributable to the Seller



 


		12.	ARREARS 



 


		12.1	If at Actual Completion there are arrears of Income neither party hereto shall be obliged to make
payment to the other in respect of such arrears



 


		12.2	The Buyer agrees that for a period of six months from Actual Completion it will take reasonable
steps to pursue any arrears and shall account to the Seller for any arrears recovered that are due to the Seller within ten working
days of receipt



 


		12.3	The Buyer agrees that it will not dispose of the reversion immediately expectant on the determination
of the Lease whilst there are arrears of Income due to the Seller which are less than six months old unless the person to whom
such disposal is made enters into a deed with the Seller in the same form mutatis mutandis as clause 12.2



 




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		12.4	Where clause 12.3 applies the Buyer agrees to notify the Seller promptly in writing and in any
event no later than three Working Days after a disposal of its reversionary interest



 


		13	INTEREST - LATE PAYMENTS



 


Without prejudice to condition
9.3 if and whenever the one party shall fail to pay any sum or sums provided for in this agreement by or on the date on which the
same shall become due such party shall pay to the other interest on such sum or sums at the contract rate calculated from the due
date to the date of actual payment


 


		14	FORM OF TRANSFER



 


		14.1	The Seller shall not be obliged to complete the transfer of the Property other than by way of a
single transfer of the whole of the Property to the Buyer



 


		14.2	The transfer shall be in the form attached to this agreement as Appendix 1 (with such changes as
the Seller’s Solicitors and the Buyer’s Solicitors shall agree) and shall be engrossed as a counterpart and an original
by the Seller’s Solicitors and delivered to the Buyer’s Solicitors not less than three Working Days before the Completion
Date



 


		15	DISCHARGE OF CONTRACT



 


The Seller may give notice
to the Buyer discharging the contract if prior to Actual Completion:-


 


		15.1	the Buyer being a company goes into liquidation (otherwise than for the purpose of a reconstruction
or amalgamation) or a petition which is not frivolous or vexatious for an administration order is made or enters into a voluntary
arrangement with a creditor or creditors under Part I of the Insolvency Act 1986 or enters into administrative receivership or
has a receiver appointed or



 


		15.2	the Buyer being a private person (or being private persons any one of them) is adjudicated bankrupt
or an interim receiver is appointed of the property of the Buyer or if the Buyer enters into a voluntary arrangement with a creditor
or creditors under Part VIII of the Insolvency Act 1986



 




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		16	VAT



 


		16.1	Unless the provisions of clause 16.2 apply the Buyer shall pay to the Seller on Actual Completion
in addition to the Price VAT on the Price (if any) and the Seller shall deliver to the Buyer on Actual Completion a proper VAT
invoice



 


		16.2	If the Buyer produces evidence to the reasonable satisfaction of the Seller before the date of
this agreement that:-



 


		16.2.1	the Buyer will at Actual Completion be registered or required to be registered for the purposes
of VAT



 


		16.2.2	the Buyer has given notice in accordance with Part 1 of Schedule 10 of the Value Added Tax Act
1994 ("VATA") no later than the relevant date (as defined in Article 5 of the Value Added Tax (Special Provisions) Order
1995 ("Article 5")) of an option to tax in relation to the Property which has effect from the relevant date



 


the Seller and Buyer shall treat
the transfer of the Property as falling within Article 5 and accordingly (subject to clause 16.4) the Seller will not charge VAT
on the Price


 


		16.3	The Seller warrants and undertakes to the Buyer that it is registered for the purposes of VAT and
that the Seller has validly elected to waive exemption from VAT in relation to the Property under paragraph 2 of Schedule 10 VATA
and given notice of such election to Customs and that such election has not been revoked or disapplied



 


		16.4	Notwithstanding the fact that the Buyer satisfies the Seller as set out in clause 16.2 above so
that the Seller does not require the Buyer to pay VAT on Actual Completion if Customs shall issue a decision to the effect or raise
an assessment on the Seller on the basis that the transfer of the Property pursuant to this agreement does not fall within the
provisions of Article 5 then the Buyer will in addition to the Price pay to the Seller (against the production of a copy of the
decision assessment and a proper VAT invoice in respect thereof) the amount of any VAT for which the Seller is liable to account
in respect of the transfer of the Property in immediately available funds within fifteen Working Days of receipt of the said documentation
or, if later, the date of Actual Completion



 




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		16.5	The Seller warrants and undertakes to the Buyer that:-



 


		16.5.1	the Seller uses the Property for the purpose of a property letting business; and



 


		16.5.2	the Property is not a capital item for the purposes of Part XV of the VAT Regulations 1995 (SI
1995/2518) or being such a capital item the period of adjustment in relation to the Property has expired



 


		16.6	The Buyer agrees that it will from and including Actual Completion carry on the same business in
relation to the Property as that carried on by the Seller that is to say holding the Property as a let investment



 


		16.7	The Buyer hereby notifies the Seller that Paragraph (2B) of Article 5 of the Value Added Tax (Special
Provisions) Order 1995 does not apply to the Buyer



 


		16.8	The Buyer shall promptly on receipt from Customs supply to the Seller a copy of the acknowledgement
of its option to tax



 


		16.9	The Seller and the Buyer intend that the Seller should retain the Records and accordingly the Seller
shall:



 


		16.9.1	preserve the Records in the United Kingdom for such period as may be required by law and



 


		16.9.2	so long as it preserves the Records permit the Buyer (at the Buyer’s cost) reasonable access
to them to inspect and make copies of them



 


		17	RISK AND INSURANCE



 


		17.1	The Seller will insure the Property in accordance with its obligations as landlord under the Lease
until and including Actual Completion



 


		17.2	The Seller will at the Buyer’s written request:



 


		17.2.1	permit the Buyer to inspect the policy or evidence of its terms or evidence of the payment of the
premium at any reasonable time



 




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		17.2.2	increase the amount of cover for the Property under the terms of the Seller’s insurance policy'
or extend the risks covered by it subject to the insurer being willing and able to do so and subject to the Buyer paying the Seller
on demand any additional premium due for the increased or extended cover



 


		17.2.3	obtain or consent to an endorsement on the Seller’s insurance policy for the Property of
the Buyer’s interest subject to the insurer being willing to make the endorsement and subject to the Buyer paying the Seller
on demand any additional premium due for the endorsement



 


		17.3	The Seller will be under no obligation to seek any refund from the Tenant of any additional premium
due or paid in relation to any increased cover requested by the Buyer or for any endorsement on the policy of the Buyer’s
interest



 


		17.4	No damage to or destruction of the Property nor any deterioration in its condition (however caused)
will entitle the Buyer either to a reduction of the Price or to refuse to complete or to delay completion.



 


		17.5	If in the period between the date of this agreement and Actual Completion the Property is damaged
or destroyed by a risk against which the Seller has insured:



 


		17.5.1	the Seller will make a claim under its insurance policy in respect of that damage or destruction
and shall consult with and keep informed the Tenant and take due account of its representations prior to so doing and during the
claim process.



 


		17.5.2	to the extent that any insurance money in respect of the damage or destruction is paid to the Seller
before Actual Completion and to the extent that the Seller is not under any statutory obligation to use any insurance money received
by it to repair or rebuild the Property before Actual Completion the Seller will hold the insurance money on trust for the Buyer
and will pay the money to the Buyer on Actual Completion to use in accordance with the terms of the Lease



 




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		17.5.3	to the extent that any insurance money in respect of the damage or destruction is paid to the Seller
after Actual Completion the Seller will hold the insurance money on trust for the Buyer and will as soon as is reasonably practicable
and in any event within 10 working days of receipt pay it to the Buyer to use in accordance with the terms of the Lease



 


		17.5.4	to the extent that any insurance money in respect of the damage or destruction has not been paid
to the Seller before Actual Completion the Seller will to the extent permitted by the policy and at the Buyer’s expense assign
to the Buyer all rights to claim under the policy the assignment being in the form reasonably required by the Buyer



 


		17.6	On Actual Completion the Seller will cancel its insurance policy in respect of the Property and
if following the cancellation the Seller receives from its insurers a refund of any premium paid in respect of any period after
the date of cancellation the Seller will pay or allow the refund to the Tenant in accordance with the terms of the Lease



 


		17.7	The Buyer will apply any insurance money paid to it by the Seller under this clause in accordance
with the terms of the Lease and will keep the Seller indemnified against any claims arising from any breach of this obligation



 


		17.8	On Actual Completion there will be no apportionment between the Seller and the Buyer of any insurance
rents received or receivable from the Tenant under the terms of the Lease



 


		17.9	Section 47 of the Law of Property Act 1925 does not apply



 


		18	PLANNING



 


No warranty is given as to
the authorised use of the Property for the purpose of the Planning Acts


 


		19	TENANT'S FIXTURES AND FITTINGS



 


Any Tenant's fixtures and fittings
or apparatus belonging to statutory/privatised utilities are excluded from the sale of the Property


 




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		20	WHOLE CONTRACT



 


For the purpose of Section
2 of the Law of Property (Miscellaneous Provisions) Act 1989 any variation of or addition to the provisions of this agreement which
may be agreed in correspondence of today's date between the parties to this agreement (or the solicitors of the parties to this
agreement) and which expressly refers to this agreement and purports to vary it is incorporated in this agreement and it is acknowledged
that this agreement with the duplicate or counterpart of it (with any such variation or addition) incorporate all the terms of
the contract between the parties to this agreement


 


		21	BUYER'S BANK DETAILS



 


The Buyer hereby confirms that
any deposit under this agreement or any money due to the Seller on completion shall be made from the undernoted account:-


 


Bank – Royal Bank of
Scotland


 


Address – PO BOX 412,
62 – 63 Threadneedle Street, London EC2R 8LA


 


Account Number – 23115320
(Trowers & Hamlins client account)


 


Sort Code – 15-10-00


 


		22	ENGLISH LAW



 


This agreement shall be governed
by and construed in accordance with English law


 


		23	CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999



 


The provisions of the Contracts
(Rights of Third Parties) Act 1999 are not intended to apply to this agreement and unless expressly stated nothing contained in
this agreement will create any rights in favour of any person pursuant to that Act


 


		24	CAPITAL ALLOWANCES



 


		24.1	In this clause "Plant" means such machinery and plant within the meaning of the Capital
Allowances Act 2001 as is included in the sale of the Property



 


		24.2	The Seller warrants that it has not claimed and that it will not claim at any time any capital
allowances on any Plant nor has it or will it enter into any election under the Capital Allowances Act 2001



 




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		25	ACKNOWLEDGEMENT



 


		25.1	The parties agree and acknowledge that:



 


		25.1.1	the Buyer had permission from the Seller to carry out its own investigations of the condition of
the Property prior to the sale and purchase becoming binding to ascertain whether any Contamination exists and if so the extent
of such Contamination



 


		25.1.2	the price takes into account the state of the Property including any Contamination, as at Actual
Completion



 


		25.1.3	the Buyer shall have no claim against the Seller for any environmental liabilities associated with
the Property



 


		25.1.4	both the Seller and the Buyer are large commercial organisations



 


		25.1.5	the Property is sold in its existing state and condition including the presence of any Contamination
and no warranty is given as to such state and condition or its suitability for any purpose



 


		25.2	The Buyer acknowledges that in providing the Buyer with any copies of any reports surveys investigations
or audits dealing with environmental or other issues the Seller makes no representation whatsoever as to the contents or accuracy
of such reports surveys investigations or audits



 


		25.3	The agreements and acknowledgement in clauses 25.1 are made pursuant to the statutory guidance
under the Environmental Protection Act 1990 to exclude the Seller as an appropriate person to bear responsibility for environmental
liability in relation to or arising from the Property



 


		26	RENT AUTHORITY LETTERS



 


The Seller shall on Actual
Completion supply to the Buyer a letter in the form attached as Appendix 2 addressed to the Tenant authorising the payment of future
rents to the Buyer


 


		27	PENDING REGISTRATION



 


From Actual
Completion until the registration of the transfer of the Property has been completed in accordance with Schedule 2 of the Land
Registration Act 2002 the Seller irrevocably appoints the Buyer to act as its agent and to carry out all such acts and execute
all such documents in relation to the Property as the Buyer may (subject to the terms of this agreement) in its absolute discretion
consider appropriate


 




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		28	following completion



 


Following Actual Completion
the Seller’s Solicitors shall post the deeds and documents for the Property including those listed in the Schedules to this
Agreement (and it is accepted that the document mentioned in the third schedule is only a certified copy) to the Buyer’s
Solicitors by registered post and neither the Seller nor the Seller’s Solicitors shall be liable for any subsequent loss
of them in the post


 


		29.	Opinion Letter



 


On Actual Completion the Buyer
shall provide to the Seller an opinion letter from Proskauer Rose LLP the form of which is attached as Appendix 3 with such amendments
as are necessary to reflect the completion documents such letter to be dated the date of Actual Completion or within three Working
Days before Actual Completion and ahead of Actual Completion the Buyer’s Solicitors shall provide a faxed or emailed copy
of the signed letter to the Seller’s Solicitors


 


		30.	Title INDEMNITY INSURANCE POLICY



 


Prior to the Completion Date
the Seller shall at its own expense increase the Limit of Indemnity under Policy Number 9980CQ01318 from £3,062,193 to the
Price and shall provide such evidence as the Buyer shall reasonably require that such amendment has been made to the policy (and
shall supply a copy of the revised policy document to the Buyer ahead of Actual Completion if received)


 


THE FIRST
SCHEDULE - THE PROPERTY


 


Freehold property known as Wickes Store,
New Preston Road, Blackpool, registered at the Land Registry under title number LA498569 with absolute title


 




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THE SECOND
SCHEDULE - THE LEASE


 


	10.05.1999	 	Agreement for Lease	 	Norwich Union Pensions Management Limited (1) Wickes Building Supplies Limited (2) Wickes Developments Limited (3)
	 	 	 	 	 
	08.12.1999	 	Lease	 	Norwich Union Pensions Management Limited (1) Wickes Building Supplies Limited (2)
	 	 	 	 	 
	16.12.1999	 	Licence to Alter	 	Norwich Union Pensions Management Limited (1) Wickes Building Supplies Limited (2)
	 	 	 	 	 
	26.01.2006	 	Rent review memorandum	 	Norwich Union Pensions Management Limited (1) Wickes Building Supplies Limited (2)


 


THE THIRD
SCHEDULE - UNREGISTERED DOCUMENTS AFFECTING THE PROPERTY


 


	30.09.1999	 	S278 Agreement 	 	Blackpool Borough Council (1) Wickes Developments Limited (2) Norwich Union Pensions Management Limited (3)


 


	Signed by Richard David Woodrow	)	 	 
	duly authorised signatory/attorney	)	 	 
	for and on behalf of Aviva Investors Pensions Limited	)	/s/  Richard David Woodrow	 
	 	)	 	 


 


	



	 	 
	 	 	 
	Signed by 	 	 
	Duly authorised for and on behalf of 	 	 
	THE BUYER	 	ARC WKBPLUK001, LLC, a Delaware limited 
	 	 	liability company
	 	 	 	 
	 	 	By:	/s/ Jesse C. Galloway
	 	 	Name:	Jesse C. Galloway
	 	 	Title:	Authorised Signatory


 




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APPENDIX 1


 


(Transfer)


 




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APPENDIX 2


 


(Rent authority letter)


 




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APPENDIX 3


 


(Opinion letter)


 




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