Bosch GSB90-2E hammer drill

SPECIAL CONDITIONS OF SALE

Buyer's Premium

Third Party Platform The purchaser will pay to the Auctioneer a Premium of 15% on the hammer price to which will be added VAT at the applicable rate. The premium is NOT negotiable and is payable by ALL purchasers. The purchaser agrees that the Auctioneer, when acting as agent for the seller, may also receive a commission from the seller.

The fees of our third party platform providers calculated at:

(a) in the case of iBidder, 2.5% of the final highest bid;

Value Added Tax All lots will be sold exclusive of Value Added Tax which will be added to purchaser’s sale accounts at the standard rate as appropriate (except for the private saloon cars). VAT will be charged to and paid by all purchasers.
Payment & Terms Payment must be TELEGRAPHIC TRANSFER to allow for quick collection of lots. The balance of any account must be paid NOT LATER THAN 12.00 NOON WEDNESDAY 8TH NOVEMBER 2017.
All payments must be made in GBP.
Our Bank Details are:
The Royal Bank of Scotland
Wishaw Main Street Branch
Account Number: 00612707
Sort Code: 83-28-08
Account Name: GMG Asset Valuation Ltd Client Funds.
Deposits The Auctioneers reserve the right to collect deposits from purchasers at the time of their first purchase and from time to time throughout the sale as deemed necessary by the Auctioneer.
Motor Vehicles Without prejudice to our Conditions of Sale, sales of motor vehicles, commercial vehicles, motor cycles and trailers (hereinafter called 'vehicles') are subject to the following further conditions:

(a) The Buyer will ensure that the vehicle is not used on any road until:
(i) It has been altered or put into such condition as shall comply with all legal requirements whether under the Road Traffic Acts and regulations made there under or otherwise.
(ii) It has been altered or put into a roadworthy condition where the vehicle is unroadworthy by reason of its construction, weight and equipment, its brakes, steering gear, tyres, lighting equipment, reflectors or any other part.
(iii) It has all valid permits and/or certificates as may be required by law (including but without prejudice to the generality) DOE Test Certificate, Ministry of Transport plating certificate and insurance certificate.

(b) The Odometer reading of the vehicle (if any) is not warranted.

(c) AN IMMEDIATE DEPOSIT OF £500 WILL BE REQUIRED IN THE SALE ROOM FROM THE PURCHASER OF EACH VEHICLE.
Removal NO LOTS WILL BE RELEASED WHILST THE SALE IS IN PROGRESS.

The premises will be open for collection of lots ON WEDNESDAY 8 NOVEMBER 2017 UNTIL FRIDAY 10 NOVEMBER 2017 (EXCEPT WEEKENDS), FROM 9.00 AM TO 5 PM. If no communication has been received or no purchaser or representative of the purchaser has appeared at the premises to remove his lot/lots, by the given dates then the Conditions of Sale shall apply.

FINAL DATE OF REMOVAL IS OF THE ESSENCE.

NO LOTS WILL BE RELEASED WITHOUT THE PRESENTATION OF THE PURCHASERS INVOICE OR RELEASE NOTE WHERE APPROPRIATE.
Auction Sniping Auction Sniping feature is enabled on this sale. If a successful bid is placed on a lot within the last 10 minutes of closing, the lot will be extended for a further 10 minutes.
Reserves Where appropriate and at the Auctioneers discretion, lots may be subject to a reserve.

NOTICES TO PURCHASERS
Viewing On View: Monday 6 November 2017 from 10am to 4.30pm
Health And Safety A. On Site

1.Please note that, as an industrial site, the premises may have hazardous areas and attendees must exercise due caution when walking around.

2. Children under 16 years of age will not be allowed on site.

3. Smoking is prohibited everywhere on site.

B. During Removal

All lots must be removed in accordance with the Conditions of Sale as set out in the catalogue.

C. Use of Equipment

It is expressly brought to the Bidders attention that, at the time of the sale, any item of plant, machinery or equipment contained in the lot(s) may not necessarily comply with any Acts or Regulations governing the use of that plant, machinery or equipment. Successful Bidders for any such plant, machinery or equipment are hereby required to ensure that the use of any such at a place of work within the United Kingdom does not contravene such relevant Act or Regulation thereunder applicable thereto.
Value Added Tax VAT PROCEDURES FOR EXPORT OF GOODS

Deposits procedures

EU Countries

Where goods purchased at auction are to be exported it may be possible for the goods to be sold without adding VAT. If you intend to export goods you must inform the auction staff at the auction of your intention to export who will issue a zero-rated invoice if appropriate. If you are exporting to another EU country, you must provide auction staff with your name, address and EU VAT number. These details will be included on the sales invoice. If you do not have a valid EU VAT number, VAT will be charged at the appropriate rate. All buyers must pay a refundable deposit equal to the amount of VAT that would otherwise be payable. This must be paid prior to the goods being removed. This will be held by us and refunded once we receive satisfactory proof of export. In order for the VAT deposit to be refunded, all goods must be exported and proof of export provided (see below) within 3 months of the date of the auction. If we do not receive suitable evidence of export within this time we will keep the VAT deposit and issue an invoice charging VAT at the appropriate rate. VAT will always be payable on any buyer’s premium. Original documents must be provided in order to refund the VAT.

Non-EU Countries

Where goods purchased at auction are to be exported it may be possible for the goods to be sold without adding VAT. If you intend to export goods you must inform the auction staff at the auction of your intention to export who will issue a zero-rated invoice if appropriate. All buyers must pay a refundable deposit equal to the amount of VAT that would otherwise be payable. This must be paid prior to the goods being removed. This will be held by us and refunded once we receive satisfactory proof of export. In order for the VAT deposit to be refunded, all goods must be exported and proof of export provided (see below) within 3 months of the date of the auction. If we do not receive suitable evidence of export within this time we will keep the VAT deposit and issue an invoice charging VAT at the appropriate rate. VAT will always be payable on any buyer’s premium. Original documents must be provided in order to refund the VAT.

Proof of export

Evidence must show that the goods you have been supplied with have left the UK. Copies of commercial transport documents and/or official HMRC export evidence alone will not be sufficient although they should still be provided. Information held must identify the date and route of the movement of goods and the mode of transport involved. It should include the following:

Name and address of vendor
Name and address of customer
Description of goods
Value of goods
Date of departure of goods from the auction premises and from the UK.
Name and address of the haulier collecting the goods
Registration number of the vehicle collecting the goods and the name and signature of the driver and, where the goods are to be taken out of the UK by a different haulier or vehicle, the name and address of that haulier, that vehicle registration number and a signature for the goods
Route, for example, Channel Tunnel, port of exit
Copy of travel tickets
Name of ferry or shipping company and date of sailing or airway number and airport.
Trailer number (if applicable)
Full container number (if applicable)

Vague descriptions of goods, quantities or values are not acceptable. For instance, "various electrical goods" must not be used when the correct description is "2000 mobile phones (Make ABC and Model Number XYZ2000)". An accurate value, for example, £50,000 must be shown and not excluded or replaced by a lower or higher amount.

If you are not able to provide adequate proof of export within the three-month time limit it may not be possible for the VAT deposit to be returned.