CONTRACTORS PLANT  04.02.2022

THIS SECTION IS FOR RING 1 ONLY

Builders Equipment, Power tools, hand tools, etc.,

(If you register for ring 1 you will automatically be registered for ring 2)

This auction will be open for registration and bidding from 8am on Friday 28th January 2022.

This auction will be run online only with a closing date of 12 noon on Friday 4th February 2022.

Viewing:  Reading Auction Market, Great Knollys Street, Reading, RG1 7HU

The auctioneers reserve the right to take a £500 deposit from all bidders on registering for this auction.  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 deposit will be taken once although you will be registered to bid in both rings).

The Auctioneers cannot be held responsible for bank charges or any deficit in deposit refunds as a result of currency fluctuations.

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

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.

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

VAT :  Each lot will state if VAT is to be added to the hammer price. VAT invoices will be 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.

UNLESS SPECIFICALLY REQUESTED NO INVOICES WILL BE ISSUED UNTIL RING 2 HAS CONCLUDED ON FRIDAY  4th FEBRUARY.  No sale is confirmed until an invoice has been issued.

Payment:  Our terms are strictly bank transfer.

Bank details will be found on your invoice – if you are transferring large amounts it may be prudent to call us to confirm these details in advance of making the transfer.

Cash payment via your bank is not permitted.  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.

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 on the day following the auction and on weekdays thereafter.

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.  ALL LOTS ARE SOLD AS SEEN WITHOUT WARRANTY and are available for inspection prior to sale, all lots are sold on the understanding that they may be suitable for spares or repair only.  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

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 prove our EORI number on all export invoices and can arrange customs declarations at cost.  We are signed up 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

UNLESS STATED IN THE CATALOGUE OR ANNOUNCED AT THE TIME OF SALE THAT ELECTRICAL GOODS ARE IN WORKING ORDER THEY ARE SOLD ON THE UNDERSTANDING THAT THEY MAY ONLY BE SUITABLE FOR SPARES OR REPAIR.  ANY COMPLAINT REGARDING GOODS SOLD IN GOOD WORKING ORDER (GWO) MUST BE MADE WITHIN SEVEN DAYS OF THE SALE

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

Richard Dance                                                                     

richard@tsauction.co.uk                                                    

+44 (0) 7802 462050      

Gary Townsend

gary@tsauction.co.uk

+44 (0) 7814 649355

Truman Hunt

truman@tsauction.co.uk

+44 (0) 7795 402890