A refundable £500 deposit will be taken from all on line bidders prior to the auction. The deposit can be taken from a debit or credit card when registering on i-bidder or bidspotter.
Deposits from unsuccessful bidders will be refunded in full the day following the auction.
(The auctioneers will not be held responsible for any deficit in deposit refunds as a result of exchange rate fluctuations.)
Signups for this auction are provisional and subject to the approval of the auctioneer who will notify bidders by email.
Any purchaser defaulting on payment will automatically lose their deposit.
Tuesday 4th July and Wednesday 5th July between 10am and 4pm.
Will start at 8am on Wednesday 5th July and end from midday on Thursday 6th July 2017. End times of lots will be staggered by 5 at least 5 seconds, If a bid is made on any lot during the final five minutes the bidding time of that lot will automatically be extended for a further ten minutes.
Invoices will be emailed to successful purchasers immediately after the auction has closed.
Payment for all lots must be made on the day of sale. Our terms are strictly CASH, DEBIT CARD or BANK TRANSFER. Payment by CREDIT CARD is also acceptable but subject to a 2% surcharge. Our Bank is: NATIONAL WESTMINSTER BANK, Reading Market Place Branch, Account No: 95544070 Sort Code 60:17:21. IBAN No. GB66 NWBK 601721 95544070, BIC Code No NWBK GB 2L (Tel: 0845 3041924). No clearance of goods will be allowed until payment has been received in full and funds cleared.
Payment in Cash:
In order to comply with money laundering regulations we will not accept payments in cash exceeding £9,000. Cash payments in excess of £4,000 must be accompanied by valid proof of identity i.e. passport/driving licence, supported by 2 utility bills, bank statement or equivalent. Cash payments via your bank will no longer be permitted, cash payments must be made at our Offices in Reading. The Auctioneers will only accept payment from and permit removal of goods purchased by the successful purchaser or their duly appointed agent. No lots will be transferred to third party invoices after the auction.
We would respectfully remind buyers wishing to purchase goods on finance that they should make such arrangements before they make their purchases as payment is due in full at the fall of the hammer in accordance with our terms of business and conditions of sale.
Value Added Tax:
All lots will carry VAT at the standard rate (20%) unless otherwise announced at the time of sale.
A buyer’s premium of 7.5% plus VAT at the standard rate will be added to the hammer price of all lots.
Bidders will be required to pay an additional 1% plus VAT buyers’ premium.
All lots should be removed from the sale site as soon as possible after the sale and in any event NO LATER THAN Thursday 13th July 2017 .
All lots remain at the risk of the purchaser from the fall of the hammer.
Purchasers are strongly advised to insure their purchases at once.
All lots have been described to the best of our ability from information supplied. No liability whatsoever is undertaken in respect of faults, deficiencies and error of description either oral or printed. ALL LOTS ARE SOLD AS SEEN WITHOUT WARRANTY and are available for inspection prior to sale. We strongly recommend that prospective purchasers view prior to bidding.
Refreshments: Will be available in the adjacent Market Café.
REGISTRATION DATES/YEARS OF MANUFACTURE
Dates shown in this catalogue or announced at the time of sale are either given from information supplied, deduced from or serial numbers or taken from registration documents, while believed to be correct they cannot always be relied upon. In certain circumstances the date of registration may not coincide with the date of manufacture.
Hours & mileages shown in this catalogue or announced at the time of sale are either given from information supplied, deduced from readings or service records, and cannot always be relied upon.
The auctioneers undertake no liability whatsoever in respect of any such discrepancies and purchasers should make their own independent enquiries if in any doubt as to the correctness of such statements before purchasing.
NO CHILDREN UNDER THE AGE OF 14 UNLESS SUPERVISED BY A RESPONSIBLE ADULT
NO CHILDREN ON MACHINES UNDER ANY CIRCUMSTANCES
Purchasers must satisfy themselves as to the suitability of equipment for export markets and the organisers accept no liability in any respect whatsoever. Certificates of Conformity are not supplied with equipment but in most cases will be available from the manufacturer.
It shall be the purchaser’s responsibility to ensure safe use of any lots purchased and comply with all relevant legislation regarding safe use of such lots.
OVERSEAS PURCHASERS will on registration be required to produce their passport or other means of identification together with full details of their bank and method of payment. They should also ensure that the country of destination has no import or currency restrictions on the goods they wish to purchase. Our normal terms of business otherwise apply and payment is due in full on the day of sale. Please note all new overseas purchasers will be required to pay a VAT deposit
IMPORTANT NOTICE TO ALL EXPORT BUYERS
(APPLICABLE TO BOTH EC AND NON-EC CUSTOMERS ALIKE)
VAT WILL BE CHARGED IN FULL
This will only be refunded on receipt of valid proof of exportation (bill of lading) in compliance with H. M. Customs and Excise Notice 703 paragraph 3.5.
To be valid the goods must be exported within three months of the date of sale and valid proof thereof must be provided within the same time limit