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Special Terms

Auctions - Special Terms

Misrepresentation:
Whilst every effort has been made to provide reliable information, Sanderson Weatherall LLP do not warrant the information contained herein and prospective purchasers must satisfy themselves by inspection as to its correctness.

Special Terms:

Seller:
As displayed on www.bidspotter.co.uk sale details page, sw.co.uk/machinery-business-assets/current or on the catalogue.

Location:
As displayed on www.bidspotter.co.uk sale details page, sw.co.uk/machinery-business-assets/current or in the catalogue.

Directions:
As displayed in the catalogue.

Viewing:
As displayed on www.bidspotter.co.uk sale details page, sw.co.uk/machinery-business-assets/current or in the catalogue.

Access to the Location is allowed on the understanding that all persons attend the Location entirely at their own risk and are responsible for and will indemnify the Seller and the Company against any losses damage or claims occasioned by their presence at the Location.

Children under the age of 16 will not be allowed access to the Location.

Registration:
All bidders must register their details with the Company and provide identification where required. In the case of Live Auctions by way of the registration form provided at the Live Auction or in the Catalogue and in the case of Online Auctions, online at the Website www.bidspotter.co.uk and sw.co.uk/machinery-business-assets/current.

Administration Fee:
We reserve the right to charge a fee of £25.00 plus VAT to change name and address details on invoices. To avoid this fee please ensure that the information is correct at point of registration on Bidspotter.

Bidding:
The General Conditions and the Special Conditions apply to all Sales by way of Auction, private treaty and tender and in the case of any Bids placed by way of an Online Auction stress that all Bidders must read and understand Bidspotter’s terms and conditions of registration at www.bidspotter.co.uk and sw.co.uk/machinery-business-assets/current.

At the close of the timed Online Auction Sale final Bid figures will be submitted to the Seller for its approval and any Bid shall be subject to approval and acceptance by the Company and/or the Seller. No Bid may be withdrawn and the Company/Seller does not bind himself to accept the highest Bid or any other Bid placed in the course of the Online Auction Sale.

Buyer’s Premium:
Buyers will pay a Buyer’s premium of 15% (as displayed on www.bidspotter.co.uk sale details page, sw.co.uk/machinery-business-assets/current or in the catalogue) (plus VAT) of the purchase price for each Lot purchased whether by Auction or, private treaty or tender. The Buyer’s Premium is payable by the Buyer to the Company in accordance with the General Conditions and, for the avoidance of doubt, is payable in addition to the purchase price for the Lot. The Buyer’s Premium is not negotiable and is payable by all Buyers.

Deposit:
Buyers shall pay a deposit of 25% (plus VAT) of the purchase price for each Lot purchased as requested by the Company pursuant to the General Conditions and these Special Conditions.

Payment:
All Lots shall be paid for in full within 48 hours (two working days) of the invoice date and shall be at the Buyer’s risk immediately upon the conclusion of the sale.

Telegraphic Transfer – Bank details for telegraphic transfer:
Account: Sanderson Weatherall LLP
Bank: Allied Irish Bank (UK) plc, Vantage Point, Hardman Street, Spinningfields, Manchester
Sort Code: 23-83-96
Account Number: 03526066
SWIFTCODE: AIBKGB2L
IBAN: GB28AIBK23839603526066

Cash – In view of Money Laundering Regulations the Company reserves the right to refuse payment in cash. Payments in cash of more than £7,500 will not, in any circumstances, be accepted.

Bankers Draft/ Cheques: (made payable to Sanderson Weatherall LLP) will only be accepted on the basis that any Lots are not removed until cleared funds are in the Company’s client account.

Debit Cards: The Company accepts debit cards for payment of invoices (maximum £2,500). The Company does not accept credit cards for payment of invoices.

All sums payable under the General Conditions and these Special Conditions are exclusive of any applicable VAT for which the Buyer shall be additionally liable to pay to the Company.

Registrations / Licenses / Transfer Fees:
Purchaser is responsible for ongoing / transfer costs.

Clearance:
All lots must be cleared without fail by the date as displayed on www.bidspotter.co.uk sales details page, sw.co.uk/machinery-business-assets/current or in the catalogue, such date and time being the Clearance Date and Time as referred to in the General Conditions, REMOVAL OF ALL LOTS WILL BE STRICTLY BY APPOINTMENT, please see the Company’s invoice for contact details.

Collection from site is the Buyer’s responsibility, the Company/ Seller do not provide a packing/ delivery service.

Reserve Removal:
Lots sold subject to a reserve removal will either be indicated in the Catalogue with the date of availability or will be identified by the Auctioneer at the point of Sale. A Deposit will be payable as with other lots but in this instance payment in full can be left until five (5) working days prior to availability. Unless specified to the contrary such Lots must be removed from the Location not later than the Clearance Date and Time specified for final removal in these Special Conditions.

Fire Alarm:
In case of a fire alarm all visitors and contractors are to exit buildings and report to the Muster Point.

Smoking:
No smoking on site. Food and Drink is only to be consumed in designated areas.

Safety:
All persons including Buyers, their employees, agents, representatives and contractors are reminded that they are responsible for their own safety on site and enter at their own risk and should take the precaution of wearing protective clothing as appropriate.

Finance:
If Buyers wish to purchase Lots with the help of a finance company they should make arrangements well in advance of the Sale to ensure that they are able to make payment in accordance with the General Conditions.

Overseas Buyers:
Overseas Buyers should ensure that the country to which the items are destined:-
• holds no import restrictions on the goods to be purchased;
• has no import licence restrictions or a restriction on currency allocation;
• has no prolonged inspection procedure which might cause excess delay or refusal in allowing your goods to be imported.

Overseas Buyers will receive a fully descriptive invoice in order that they may arrange payment as soon as possible with the Company’s bank, Allied Irish Bank (UK) plc, Vantage Point, Hardman Street, Spinningfields, Manchester, M3 3PL.

Overseas Buyers should employ a suitable freight forwarding organisation. Please note that many of the machinery removal companies in the United Kingdom are not necessarily freight forwarders. The Seller and/ or Company will be pleased to advise accordingly.

The Company makes no representation and accepts no liability whatsoever to any Buyer in respect of the issuance or validity of any exportation or importation permits or the existence and exercise of exportation or importation regulations or any compulsory purchasing regimes.

VAT Payments and Returns:
All overseas Buyers (EU and non EU) will be charged VAT at the current rate on each Lot purchased. This will be refunded to the overseas Buyer as soon as the Seller receives a copy of the bill of lading as proof of export, providing this documentation is received within 3 months of the sale date. The Seller is unable to refund the VAT on the Buyer’s Premium to non EU countries.