Online auction of Contractors Plant & Tools | Chartered Surveyors, Auctioneers, Valuer

Online auction of Contractors Plant & Tools (#2224) 05/06/2022 8:00 AM BST - 05/11/2022 2:25 PM BST Closed
Starts Ending 05/11/2022 12:00 PM BST

Auction Info

Auction closed

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Description

ONLINE AUCTION OF CONTRACTORS PLANT & TOOLS

(LARGER PLANT STARTS AT LOT 2001)

VIEWING:

Reading Auction Market

Great Knollys Street, Reading

This auction will be run online only.

The sale will be open for registration and bidding at 8am on Friday 6th May 2022, closing from noon on Wednesday 11th May 2022.

Viewing: 9.30am – 4pm on Tuesday 10th May and until noon on Wednesday 11th May 2022.

The auctioneers reserve the right to take a £500 deposit from all bidders registering for this section. Refunds of deposits to unsuccessful bidders will be instigated by the auctioneers within 48 hours of the sale closing, however, some banks take up to 5 working days to process refunds. The Auctioneers cannot be held responsible for bank charges or any deficit in deposit refunds as a result of currency fluctuations.

For those who do not or cannot register to bid online or do not have the hardware to do so we are happy to exercise commission bids on your behalf.

Sign ups for this auction are provisional and subject to the approval of the auctioneer who will notify bidders by email.

There will be buyers’ premium of 10% (+VAT per lot) (minimum £2.50 +VAT per lot) added to the hammer price of all lots from 1 – 2000.

There will be a buyers’ premium of 5% (+VAT) (minimum £10.00 +Vat per lot) on all lots from 2001 onwards.

VAT : Most lots will carry VAT which will be added to the hammer price. VAT invoices will be issued. Some invoice emails may not pass through security filters. Please check your spam/junk inbox should an invoice not be received.

Bidding will close from noon on Wednesday 11th May. Invoices will be issued following completion of the auction. No sale is confirmed until an invoice has been issued.

The closing time of each batch of 5 lots will be staggered by 1 minute. If a bid is made on any lot during the final 5 minutes the bidding time of that lot will automatically be extended for a further 5 minutes.

Payment: Our terms are strictly bank transfer.

Bank details will be found on your invoice.

Cash payments via your bank are not permitted. The Auctioneers will only accept payment from and permit removal of goods purchased by the successful purchased or their duly appointed agent. No lots will be transferred to third party invoices after the auction.

Removal of goods: All lots remain at the risk of the purchaser from the fall of the hammer. Payment should be made immediately and goods removed as soon as possible, however, we will be operating an appointment system in order to maintain social distancing. Please call to arrange a mutually convenient time slot. We will have staff available from 8am until 4pm weekdays following the auction.

Descriptions: All lots have been described from information supplied. No liability whatsoever is undertaken in respect of faults, deficiencies and errors of description either oral or printed. There are some unused tools and also some lots that will be only suitable for spares. ALL LOTS ARE SOLD AS SEEN WITHOUT WARRANTY and are available for inspection prior to sale, therefore all lots are sold on the understanding that they may be suitable for spares or repair only without any warranty. We strongly recommend that you view before bidding.

Please note that bidding at auction constitutes an irrevocable and binding agreement to purchase. We recommend that you carefully examine any items you intend to bid on as refunds will not be given for Buyer’s Remorse

Any lifting equipment is sold on the understanding that it does not have any current LOLER certificates or similar and purchasers are responsible for testing prior to use.

Please note hour and kilometre readings are those shown on the machine when accepted into the auction site. They cannot be relied upon in the event that the clock is broken or a new clock has been fitted. No warranty is given either expressly or implied whatsoever. If in doubt purchasers are advised to make their own independent enquiries as to the correctness of such information before purchasing.

EU CONFORMITY – Purchasers must satisfy themselves as to the suitability of equipment for export markets and the auctioneers 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.

Please note abbreviations that may be used in the catalogue:

RMP – Runs & makes power

RNP – Runs, no power

RDV – Runs, drives, vibrates

RDD – Runs, drives, digs

RMA – Runs & makes air

RD – Runs & drives

RDL – Runs, drives & lifts

RDT – Runs, drives, tips

These are advisories only and DO NOT constitute any guarantee or warranty. Please try goods before you buy.

OVERSEAS PURCHASERS

We will do our utmost to assist with the new post Brexit export regulations. We are aware that the new requirement for customs declarations when purchasing goods from our UK sales and exporting to the EU is complex. All export buyers must contact us prior to purchasing to clarify what extra information you will require. We will provide our EORI number on all export invoices and can arrange customs declarations at cost. We are working with Customs Clearance Agents who will assist us with relevant declarations to enable equipment to leave England. The purchaser is responsible for all transportation from there onwards.

Should ensure that the country of destination has no import or currency restrictions on the goods you wish to purchase. Our normal terms of business otherwise apply and payment is due in full on the day of sale. Please note that all new overseas customers will be required to pay a VAT deposit.

VAT

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

For full conditions of sale please visit www.tsauction.co.uk

gary@tsauction.co.uk

+44 (0) 7814649355

truman@tsauction.co.uk

+44 (0) 7795402890
Shipping information

NOTICE TO PURCHASERS

TRAVEL:

Road: From M4 junction 11 follow A33 relief road to Reading centre. See location plan on outside back cover.

Rail: Reading Station is within 5 minutes walking distance of the sale yard. Great Western (or Thames Trains) from London Paddington.
Air: Heathrow via Rail Air link to Reading Station. Connection departs half hourly.
Terms and conditions
CONDITIONS OF SALE FOR ON-LINE AUCTIONS & TENDERS

Please note: Some sales require a deposit. Please see auction information for more details.
1. 1. At the fall of the hammer, closing of the tender sale or the on-line lot closing time, the highest acceptable bid for each lot shall be the Purchaser and, in the event of any dispute, the Auctioneers shall have absolute discretion to settle such dispute.
2. 2. All lots are put up for sale subject to any reserve price placed by the Vendors
3. 3. All intending bidders at on-line or tender sales must register with the Auctioneers prior to placing a bid. All intending bidders must make prior arrangements regarding method of payment before attending or participating in a sale.
4. 4. No lot or lots shall be removed from the premises until paid for, but each and every lot shall immediately at the fall of the hammer be considered as delivered and be and remain in every respect at the absolute risk of the respective Purchaser or Purchasers thereof, and shall be removed at the Purchaser's expense after the conclusion of the Sale and taken with all faults or errors of description.
5. 5. The Auctioneers act only as agents for the Vendor(s) and are not responsible for any default by either Vendor(s) or Purchaser. In particular, they shall not be liable to pay the Vendor until payment is received from the Purchaser.
6. 6. No undertaking of the Auctioneers or their employees to take charge of any lots after the sale or to forward them to their destination shall be held to impose upon the Auctioneers any legal obligation or vitiate any of the foregoing conditions.
7. 7. In all cases of transfer the original Purchaser shall be held responsible for the purchase money.
8. 8. The Auctioneers have described the lots to the best of their ability and belief, but any statement made either in advertisements, catalogues, on-line description, photograph or other publicity are those of opinion only and are made without responsibility and shall not give rise to any action in law for damages or compensation or rescission of sale by a purchaser against the Vendor, the Auctioneers or their employees. All electrical or mechanical items are sold as un-tested, without warranties or any guarantees as to serviceability, working order or fit for purpose.
9. 9. Many lots offered for sale on-line are by reason of age or nature, not in first class condition. Some descriptions may refer to damage or restoration but the omission of such a statement does not imply that a lot may be free of damage or has been restored. Therefore all purchasers must satisfy themselves by physical inspection prior to making a bid as to the origin, authenticity, quality, quantity, weight, size and general description of each lot as all lots are sold “as seen” with all faults whether declared or not.
10. 10. The Auctioneers accept no responsibility in connection with the commissioning of their staff to bid for any lots. Reserves and commissions given verbally or by telephone are accepted at the sender's risk and must be confirmed in writing before the Sale.
11. 11. THIRD PARTY LIABILITY. All persons attending the sale or viewing whether it be at the Auctioneers’ premises or other place, before, during or after the Sale shall be deemed to be at their own risk and with notice of the condition of the premises and of the method of arranging lots and shall have no claim against the Auctioneers nor their principals in respect of any injury or accident which may occur from any cause whatsoever including postponement or cancellation of the sale.
12. 12. If any Purchaser shall fail to comply with the above conditions or any of them, the Auctioneers shall be at liberty to recover in full the amount of the purchase money of the lot or lots bought by such Purchaser together with all interest, costs, charges and expenses, without reference to any delivery or acceptance of the lot or lots, other than the first delivery by the fall of the hammer, or to resell any lot or lots bought by such Purchasers, either by public or private sale, and the full amount of the purchase money at the present sale, or the deficiency (if any) arising from the second sale, together with all interest, costs, charges and expenses, shall be made good by the defaulter and be recoverable as and for liquidated damages.

Online auction of Contractors Plant & Tools (#2224) 05/06/2022 8:00 AM BST - 05/11/2022 2:25 PM BST Closed Starts Ending 05/11/2022 12:00 PM BST

Online auction of Contractors Plant & Tools (#2224) 05/06/2022 8:00 AM BST - 05/11/2022 2:25 PM BST Closed
Starts Ending 05/11/2022 12:00 PM BST