33
Lot
33
Used Herbert Bank Of 4
46 x 15.5 Inch Slotted Table
Vendor comment
Power Feed with auto reverse for tapping will need some attention
Spindle Speeds - 106-1455 RPM
Our client will load to transport
Location - Willenhall
Once funds have been received for completed sales a FINAL INSPECTION/COLLECTION NOTE will be issued.This note MUST be present and signed off on the day the relevant lot(s) are collected.
No FINAL INSPECTION/COLLECTION NOTE = Lots cannot be collected therefore wasted trip!
Collective On Line, Multiple Site Timed Auction From New & Existing Clients
The locations of each lot will be given within the lotting particulars.
The timelines involved in this auction are:
Viewing Day - 08th June 09.00am - 16.00Hrs at the respective client site(s). Some clients may be able to accommodate additional site visits - just ask!
How to ask to view...
1. Apply to register to bid in this auction
2. Email phil@assetdisposalservices.co.uk
Auction Starts Closing - 09th June 2022 from 14.00Hrs
REMOVAL OF LOTS - No later than 14th July 2022 UNLESS SPECIAL DISPENSATION IS GIVEN BY THE CLIENT.
DO NOT REGISTER AND BID if you cannot comply with the removal dates as this is a conditon of sale.
Bidding
Please note that any bid could be a winning bid so do not register and bid if you cannot comply with this condition.
There will be a Buyer's Premium of 18% added to either the hammer price if the item is bid to or past reserve or the best bid (if that figure is accepted by our client) so please make a note of this, as this figure will be added to the hammer price or best bid.
Remember you are BIDDING TO BUY and that any bid that you place is potentially a winning bid, even if that bid did not make the reserve or your bid was NOT the highest bid, and is therefore binding. This is a very important condition of your registration and one that will be enforced.
CLIENT'S ACCEPTANCE OF BIDS
OUR CLIENT DOES NOT HAVE TO ACCEPT ANY BID(S) FOR ANY LOT(S) EVEN IF THE BID HAS MET OR SURPASSED THE RESERVE & AS THEIR AUCTIONEER WE ARE NOT BOUND TO COMPLETE EVEN IF YOU FEEL THAT YOUR BID IS ACCEPTABLE OR HAS MET RESERVE.
OUR CLIENT'S DECISION AND THAT OF THE AUCTIONEER IS FINAL.
Our respective client reserves the right to charge an asset holding fee DIRECTLY to any buyer(s) who fails to collect on time and in the event that the buyer does not meet these fees for late collection, you run the risk of your funds being seized.
IT IS ESSENTAL THAT BUYER'S HAULIER(S) brings with them on the day of collection the FINAL INSPECTION / COLLECTION NOTE that is issued by ADS on payment of the goods. Goods will not be loaded without one.
In the event that this note is lost, forgotten, misplaced when the haulier gets to site THEY WILL NOT BE LOADED..............NO FINAL INSPECTION NOTE = NO LOADING = WASTED TRIP.
THE FINAL INSPECTION / COLLECTION NOTE MUST BE SIGNED BY THE SELLER AND THE BUYER (OR BUYER'S REPRESENTATIVE) BEFORE THE ASSET(S) IS LOADED & THEN Emailed to paul@assetdisposalservices.co.uk IMMEDIATELY.
The final inspection / collection note acts for several reasons:
1) It evidences that the buyer has paid for the goods
2) It states exactly what is being collected
3) It allows the buyer to make one final inspection of the goods before they are loaded
4) It allows funds to be transferred.
All items will be sold as seen, as-is, where is and no guarantee/warranty is given, implied or inferred. There shall be no recourse for refunds in part or full. Bidders are responsible for the safe use of any assets purchased and must carry out their own risk assessment prior to using any purchased lot. RAMS may be required on certain assets. These are a condition of sale.
Buyers will be responsible for ensuring that when/if machines are put back to work they conform to and comply with any/all H&S requirements relevant to the machine(s) - This is a condition of sale.
All information, measurements, images, videos and references to technical specifications should be used as a guide only and it is the responsibility of the interested party to carry out their due diligence before registering and bidding.Viewing assets is strongly recommended in every instance.
For those who have never registered to take part in any of our auctions before, please do not hesitate to contact us should you require any assistance in registering and to those who have registered before who will be registering and bidding, welcome back and good luck with your bids.
Thank you
Asset Disposal Services Ltd - 01902 672323.
Terms and Conditions of Asset Disposal Services Limited (‘ADS’ or ‘the Auctioneer’) with Buyers for the online auction of various items as identified in the lots relevant to this timed auction.
These terms supercede those of the buyers, buyers' representatves or any other third party terms.
1. These ‘Terms and Conditions’ apply upon this sale and should also be read in conjunction with the general conditions of sale of the online auction platform, Bidspotter, located at https://www.bidspotter.co.uk/en-gb as they also apply to any sale and are binding. To register for this auction visit that website and register on the appropriate page for this sale.
2. ADS offers the lot(s) for sale as an agent for and on behalf of the Seller and not on its own behalf. ADS or the Seller may decline to accept bids from, or sell to, any Bidder or Buyer, their representatives or agents or allow attendance at any physical or remote viewing, at its absolute discretion. ADS and the Seller shall be entitled to require proof of identity and/or of authority from any Bidder, Buyer, agent or representative of the Bidder or Buyer, or proposed attendee at the viewing physical or remote and/or to seek evidence of any agency relationship on behalf of a Buyer. Any decision by the Seller or ADS not to accept bids from a Bidder, attend a viewing day (physical or remote), or complete a sale to a Buyer cannot be challenged by any party on any grounds. No explanation will be given for any decision not to accept bids, not to sell or not to allow attendance at the viewing day.
3. The sale of the lot(s) shall ordinarily be concluded and binding on the Buyer at the moment when ADS or the Seller agree to accept the bid. The highest bid will ordinarily be accepted, subject to the Seller agreeing to sell to that particular Bidder or underbidder. The Seller is at liberty, at its sole discretion, to sell to an under bidder or to retain or withdraw an item. No explanation will be given for any sale to an underbidder or for any retention or withdrawal.
4. ADS shall have the sole and exclusive right to determine all matters whatsoever concerning the auction, including resolving disputes between bidders, rejecting any bid, the withdrawal, division or consolidation of any lots, prior to, during and after the auction has closed.
5. Viewing - PLEASE REFER TO THE VIEWING INFORMATION THAT IS INCLUDED IN THE IMPORTANT INFORMATION. The decision of ADS and the Seller as to whether to allow a person access on any viewing day (should that be deemed possible) may not be challenged by any party. Attendees at the viewing days will be required to wear safety shoes, ear defenders and masks and you will be required to adhere to all health and safety and Covid19 safety requirements of the Seller, and visit only those specific parts of the factory where the items are being sold or stored. Any breaches of the terms of access of ADS or the Seller will result in the viewer being removed from the premises. No under 18s will be allowed to attend any viewing of any lot, anywhere.
5.1. Lots should be removed from our client(s) site(s) & collected on or before ( see the individual lotting particulars for details ). The only exception to this date being where special dispensation has been made in the event of a heavy lift, or circumstances relating to RAMS (if these have been a requirement of the lift out/collectiion) being disputed. In the event of buyer's lots not being collected by/on this date there will be a late collection / storage charge levied by our client. Please discuss well in advance what these sums will be as our client will invoice buyers for late collections DIRECTLY. In the event that you should fail to pay such late charges, the monies that you have already paid and the asset(s) you have paid for will be seized and no compensation will be paid or given to you.
6. ADS, its directors, employees and agents hereby specifically exclude liability for any accident or injury, howsoever arising, to any person(s) who may attend the premises for the purpose of the auction, inspection, purchase, collection or any other business. Under no circumstances will anyone under 18 be allowed on the premises.
7. The auction sale will start Wednesdat 18th May 2022 & close from 14.00 Hrs on Thursday 09th June 2022 from 14.00Hrs. If a bid is received within the last 10 minutes of the scheduled closing time, the bidding period on that lot will be automatically extended by a further 10 minutes.
8. If you are successful in your bid, ADS will send you an invoice of sale by email following the closure of the auction. The invoice will include a buyer’s premium at the rate of 18% (unless otherwise stated in the individual lot particulars) of the hammer price and an uplift charge where/if applicable. You can only collect the goods after you have paid this invoice in full, the funds have cleared the banking system and you are in receipt of a collection note.
9. If you are a UK based buyer you will be charged Value Added Tax (‘Vat’) at the rate of 20 per cent on the Hammer Price, the Buyer's Premium and any uplift charge. If you are buying the goods for export, read 10 below.
10. IMPORTANT NOTICE REGARDING VAT ON GOODS TO BE EXPORTED FROM THE UK:
10.1. If you are a buyer from within the European Union, you will not be charged Vat provided that you produce full details of your corporate name, trading name, address and Vat registration number prior to the raising of the invoice by ADS.
10.2. If you are a buyer from outside of the European Union, we reserve the right to charge Vat on the Hammer Price. If within 3 months from the date of sale, you provide ADS with documentary evidence of the permanent export of the goods from the UK, that Vat will be refunded, within 14 days of its recovery from HM Revenue & Customs. The documentary evidence we may accept includes a Certified Bill of Lading, Commercial Invoice and Packing List. A handling charge of 10% will be levied on any refund.
11. Payment is due immediately upon you receiving the invoice for sale from ADS unless you have agreed alternative arrangements with ADS beforehand. Time of payment shall be of the essence. Buyers are required to pay by BACS, Bank or Telegraphic Transfer to the ADS Client Account, the details of which will appear on our invoice.
12. The Buyer will not be allowed to remove any lot until the purchase price of that and all other lots purchased at the auction have been paid for in full. In default of payment within 5 working days of the sale, ADS may hold a lien upon all lots purchased by the Buyer during the auction and, in addition, shall be entitled to immediately rescind the sale in respect of any lot or lots for which full payment is not made in due time, and sell them elsewhere and seize and retain any deposit or part payment the Buyer might have paid for them, without the Buyer having any right of compensation. ADS will also be entitled to charge interest upon any unpaid balance from the date of the invoice at the rate of 7 per cent above the Bank of England Base Rate applying from time to time and to charge for storage arising after the time for removal at the rates set out in the Important Information per lot per day until they elect to rescind the sale, if at all, which election ADS may make at any time after such non-payment.
13. Title to lots shall remain with the Seller until the full sale price, including Buyer's Premium and Vat and any storage and interest costs have been paid to ADS. The risk of damage to or loss of the lot shall be transferred to the Buyer immediately ADS supply you with an invoice for sale. It is the Buyer’s responsibility to put in place its own insurances in this regard.
14. ADS warrants that it will only sell lots which it reasonably believes are owned by the Seller or to which the Seller can pass good title to the Buyer. If it should be that the Seller's title to any lot is defective or that they cannot pass good title to the Buyer, ADS shall be obliged to use its reasonable endeavours to transfer title to the Buyer and to assist the Buyer in exercising any remedies they may have against the Seller. ADS will not however be obliged to initiate or take any part in any litigation.
15. Lots bought are at your risk immediately upon your receipt of the sale invoice from ADS. You should remove the goods as soon as possible after you have paid for them in accordance with the auction terms, by prior arrangement with the Seller. Please note that ADS and / or its clients reserve the right to charge storage on any items not collected after this time. The Buyer shall be responsible for the safe and lawful removal and transport of lots bought. The Buyer agrees to insure against and to indemnify ADS and the Seller against any and all claims arising in respect of injury or damage to any person or property, whether real or personal, on the removal howsoever or by whom caused in connection with the removal of lots the Seller has purchased. The Seller may ask the Buyer to provide a Risk Assessment and Method Statement (‘the Statement’) prior to removing any lot. The Statement must be approved by the Seller prior to the Buyer commencing the removal. Neither ADS nor the Seller will be liable for any loss or damage however caused if they, in their sole discretion, choose to assist in the removal or transport of lots. ADS and the Seller may provide details of independent contractors to the Buyer who may assist upon the decommissionng and removal. The provision of such names are not recommendations and it entirely the Buyer’s decision as who they should use to assist them on the removal.
16. If, before title to any lot has passed to the Buyer, the Buyer, being an individual, dies, enters into a composition or arrangement for the benefit of his creditors, including an Individual Voluntary Arrangement, or has a Bankruptcy Order made against them or, being a body corporate, has an Administrator, Receiver or Receiver and Manager appointed or goes into creditors voluntary or compulsory liquidation or enters into a composition or arrangement for the benefit of its creditors, including a Company Voluntary Arrangement, then the contract for the sale of such lots shall be automatically and without notice rescinded unless ADS elects otherwise within 2 working days of notice of such an event. Upon rescission, any deposit paid by the Buyer shall be forfeit and the Auctioneer shall be entitled to exercise the rights set out in paragraph 11.
17. The Buyer recognises that at the time of sale, the plant, machinery and equipment contained in the lot(s) may not necessarily comply with all or any relevant legislation relating to Health & Safety, Environmental Protection, or other regulations governing its use in a working environment. It is the Buyer’s sole responsibility to ensure that it does not contravene any such regulations. The plant could contain chemicals which, if not handled correctly during their removal and transport from the holding facility, could be in breach of UK legislation. You must comply with all current legislation and regulations in relation to the removal and transport of the lots and any waste and you may be required to satisfy our client(s) that your removal and transport procedures are compliant. Specifically, where waste is to be removed, all work must be undertaken by an approved and licensed contractor.
18. All conditions and warranties as to the condition, quality, description or fitness for any purpose whatsoever of any lot sold by ADS or the Seller are hereby expressly excluded. All lots are sold “as is and where is” and neither ADS nor the Seller will be bound by or liable for any misrepresentation. Neither ADS nor the Seller shall be liable for any loss or damage whether caused by negligence or otherwise of either or both of their servants or agents and without prejudice to the generality of the foregoing neither the Auctioneer nor the Seller shall be liable to refund any money paid for any reason or for any loss of profit, business or production or similar or other loss whether direct or indirect or consequential, however caused. In the circumstances the Buyer should rely solely and exclusively upon its own inspection of any lot and should not treat statements made in sale particulars or, before, during or after the auction by the Seller or ADS either as representations or to be relied upon. No lot is warranted or held out to be merchantable, or safe for use, or complying with statutory requirements for use, display or movement.Counter Clock readings on capital plant and equipment or Odometer readings on vehicles cannot be verified as accurate and are sold strictly on this condition. ADS, their directors, servants and agents have no authority to make representations.
19. ADS will not recognise any potential transfer by the Buyer of lots to third parties. ADS will accept payment only from, and allow removal of items only by, the Buyer themselves or their appointed agent(s).
20. If you intend to buy the goods through a finance company, please notify us well in advance of the sale in order that your finance company can make payment in accordance with our Terms and Conditions and those of the auction platform.
21. There may be a charge per lift (excluding Vat) for loading goods on to the Buyer’s transport, which will be invoiced by ADS as per paragraph 8. Should the Buyer, its servants or agents cause damage in any way to the site of storage or damage to or loss of any lot, ADS shall be entitled to exercise a lien in respect of any and all lots purchased by the Buyer until such damage or loss has been paid for in full, whether or not the lots or any of them have been paid for in full, such loss and damage to be assessed by the Auctioneer whose decision shall be final and unchallengeable. ADS's assessed sum shall be paid by the Buyer upon receipt of the invoice for such damage and payment shall be made forthwith, time being of the essence.
22. These Terms and Conditions can only be varied where such variations are confirmed in writing by a director of ADS. By making a bid for any lot, the bidder warrants that he has read, makes his bid upon and agrees to be bound by these Terms and Conditions and those of the auction platform, and warrants that they have the proper authority and capacity to make the bid, and bind both themselves and any employer or principal to honour any contract resulting therefrom. Any bid shall be deemed to be an offer by the Buyer (a term used herein as including the bidder and any principal or employer of the bidder) to purchase any lot offered for sale upon these Terms and Conditions as amended by the special conditions of the auction platform.
23. These Terms and Conditions shall be construed in accordance with and governed by English Law. The Uniform Law on the International Sale of Goods shall not apply to this contract and the application of the United Nations Convention on Contracts for the International Sale of Goods of 11th April 1980 shall be excluded.
24. If you need any further information or clarification of any matters relating to these Terms and Conditions, you should contact Paul Brindley at Asset Disposal Services Limited, Alpha House, Tipton Street, Sedgley, West Midlands, United Kingdom: Telephone 01902 672323: Email paul@assetdisposalservices.co.uk.
The conditions of sale and all other contents of the listing and particulars are subject to amendment by ADS by the posting of notices on the website prior to or during the sale or by way of an agreement in writing signed by the parties concerned. In particular they are subject to amendment by the Special Conditions of Sale of the Auction Platform on the website at https://www.bidspotter.co.uk/en-gb.
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Used Herbert Bank Of 4
46 x 15.5 Inch Slotted Table
Vendor comment
Power Feed with auto reverse for tapping will need some attention
Spindle Speeds - 106-1455 RPM
Our client will load to transport
Location - Willenhall
Once funds have been received for completed sales a FINAL INSPECTION/COLLECTION NOTE will be issued.This note MUST be present and signed off on the day the relevant lot(s) are collected.
No FINAL INSPECTION/COLLECTION NOTE = Lots cannot be collected therefore wasted trip!
Collective On Line, Multiple Site Timed Auction From New & Existing Clients
The locations of each lot will be given within the lotting particulars.
The timelines involved in this auction are:
Viewing Day - 08th June 09.00am - 16.00Hrs at the respective client site(s). Some clients may be able to accommodate additional site visits - just ask!
How to ask to view...
1. Apply to register to bid in this auction
2. Email phil@assetdisposalservices.co.uk
Auction Starts Closing - 09th June 2022 from 14.00Hrs
REMOVAL OF LOTS - No later than 14th July 2022 UNLESS SPECIAL DISPENSATION IS GIVEN BY THE CLIENT.
DO NOT REGISTER AND BID if you cannot comply with the removal dates as this is a conditon of sale.
Bidding
Please note that any bid could be a winning bid so do not register and bid if you cannot comply with this condition.
There will be a Buyer's Premium of 18% added to either the hammer price if the item is bid to or past reserve or the best bid (if that figure is accepted by our client) so please make a note of this, as this figure will be added to the hammer price or best bid.
Remember you are BIDDING TO BUY and that any bid that you place is potentially a winning bid, even if that bid did not make the reserve or your bid was NOT the highest bid, and is therefore binding. This is a very important condition of your registration and one that will be enforced.
CLIENT'S ACCEPTANCE OF BIDS
OUR CLIENT DOES NOT HAVE TO ACCEPT ANY BID(S) FOR ANY LOT(S) EVEN IF THE BID HAS MET OR SURPASSED THE RESERVE & AS THEIR AUCTIONEER WE ARE NOT BOUND TO COMPLETE EVEN IF YOU FEEL THAT YOUR BID IS ACCEPTABLE OR HAS MET RESERVE.
OUR CLIENT'S DECISION AND THAT OF THE AUCTIONEER IS FINAL.
Our respective client reserves the right to charge an asset holding fee DIRECTLY to any buyer(s) who fails to collect on time and in the event that the buyer does not meet these fees for late collection, you run the risk of your funds being seized.
IT IS ESSENTAL THAT BUYER'S HAULIER(S) brings with them on the day of collection the FINAL INSPECTION / COLLECTION NOTE that is issued by ADS on payment of the goods. Goods will not be loaded without one.
In the event that this note is lost, forgotten, misplaced when the haulier gets to site THEY WILL NOT BE LOADED..............NO FINAL INSPECTION NOTE = NO LOADING = WASTED TRIP.
THE FINAL INSPECTION / COLLECTION NOTE MUST BE SIGNED BY THE SELLER AND THE BUYER (OR BUYER'S REPRESENTATIVE) BEFORE THE ASSET(S) IS LOADED & THEN Emailed to paul@assetdisposalservices.co.uk IMMEDIATELY.
The final inspection / collection note acts for several reasons:
1) It evidences that the buyer has paid for the goods
2) It states exactly what is being collected
3) It allows the buyer to make one final inspection of the goods before they are loaded
4) It allows funds to be transferred.
All items will be sold as seen, as-is, where is and no guarantee/warranty is given, implied or inferred. There shall be no recourse for refunds in part or full. Bidders are responsible for the safe use of any assets purchased and must carry out their own risk assessment prior to using any purchased lot. RAMS may be required on certain assets. These are a condition of sale.
Buyers will be responsible for ensuring that when/if machines are put back to work they conform to and comply with any/all H&S requirements relevant to the machine(s) - This is a condition of sale.
All information, measurements, images, videos and references to technical specifications should be used as a guide only and it is the responsibility of the interested party to carry out their due diligence before registering and bidding.Viewing assets is strongly recommended in every instance.
For those who have never registered to take part in any of our auctions before, please do not hesitate to contact us should you require any assistance in registering and to those who have registered before who will be registering and bidding, welcome back and good luck with your bids.
Thank you
Asset Disposal Services Ltd - 01902 672323.
Terms and Conditions of Asset Disposal Services Limited (‘ADS’ or ‘the Auctioneer’) with Buyers for the online auction of various items as identified in the lots relevant to this timed auction.
These terms supercede those of the buyers, buyers' representatves or any other third party terms.
1. These ‘Terms and Conditions’ apply upon this sale and should also be read in conjunction with the general conditions of sale of the online auction platform, Bidspotter, located at https://www.bidspotter.co.uk/en-gb as they also apply to any sale and are binding. To register for this auction visit that website and register on the appropriate page for this sale.
2. ADS offers the lot(s) for sale as an agent for and on behalf of the Seller and not on its own behalf. ADS or the Seller may decline to accept bids from, or sell to, any Bidder or Buyer, their representatives or agents or allow attendance at any physical or remote viewing, at its absolute discretion. ADS and the Seller shall be entitled to require proof of identity and/or of authority from any Bidder, Buyer, agent or representative of the Bidder or Buyer, or proposed attendee at the viewing physical or remote and/or to seek evidence of any agency relationship on behalf of a Buyer. Any decision by the Seller or ADS not to accept bids from a Bidder, attend a viewing day (physical or remote), or complete a sale to a Buyer cannot be challenged by any party on any grounds. No explanation will be given for any decision not to accept bids, not to sell or not to allow attendance at the viewing day.
3. The sale of the lot(s) shall ordinarily be concluded and binding on the Buyer at the moment when ADS or the Seller agree to accept the bid. The highest bid will ordinarily be accepted, subject to the Seller agreeing to sell to that particular Bidder or underbidder. The Seller is at liberty, at its sole discretion, to sell to an under bidder or to retain or withdraw an item. No explanation will be given for any sale to an underbidder or for any retention or withdrawal.
4. ADS shall have the sole and exclusive right to determine all matters whatsoever concerning the auction, including resolving disputes between bidders, rejecting any bid, the withdrawal, division or consolidation of any lots, prior to, during and after the auction has closed.
5. Viewing - PLEASE REFER TO THE VIEWING INFORMATION THAT IS INCLUDED IN THE IMPORTANT INFORMATION. The decision of ADS and the Seller as to whether to allow a person access on any viewing day (should that be deemed possible) may not be challenged by any party. Attendees at the viewing days will be required to wear safety shoes, ear defenders and masks and you will be required to adhere to all health and safety and Covid19 safety requirements of the Seller, and visit only those specific parts of the factory where the items are being sold or stored. Any breaches of the terms of access of ADS or the Seller will result in the viewer being removed from the premises. No under 18s will be allowed to attend any viewing of any lot, anywhere.
5.1. Lots should be removed from our client(s) site(s) & collected on or before ( see the individual lotting particulars for details ). The only exception to this date being where special dispensation has been made in the event of a heavy lift, or circumstances relating to RAMS (if these have been a requirement of the lift out/collectiion) being disputed. In the event of buyer's lots not being collected by/on this date there will be a late collection / storage charge levied by our client. Please discuss well in advance what these sums will be as our client will invoice buyers for late collections DIRECTLY. In the event that you should fail to pay such late charges, the monies that you have already paid and the asset(s) you have paid for will be seized and no compensation will be paid or given to you.
6. ADS, its directors, employees and agents hereby specifically exclude liability for any accident or injury, howsoever arising, to any person(s) who may attend the premises for the purpose of the auction, inspection, purchase, collection or any other business. Under no circumstances will anyone under 18 be allowed on the premises.
7. The auction sale will start Wednesdat 18th May 2022 & close from 14.00 Hrs on Thursday 09th June 2022 from 14.00Hrs. If a bid is received within the last 10 minutes of the scheduled closing time, the bidding period on that lot will be automatically extended by a further 10 minutes.
8. If you are successful in your bid, ADS will send you an invoice of sale by email following the closure of the auction. The invoice will include a buyer’s premium at the rate of 18% (unless otherwise stated in the individual lot particulars) of the hammer price and an uplift charge where/if applicable. You can only collect the goods after you have paid this invoice in full, the funds have cleared the banking system and you are in receipt of a collection note.
9. If you are a UK based buyer you will be charged Value Added Tax (‘Vat’) at the rate of 20 per cent on the Hammer Price, the Buyer's Premium and any uplift charge. If you are buying the goods for export, read 10 below.
10. IMPORTANT NOTICE REGARDING VAT ON GOODS TO BE EXPORTED FROM THE UK:
10.1. If you are a buyer from within the European Union, you will not be charged Vat provided that you produce full details of your corporate name, trading name, address and Vat registration number prior to the raising of the invoice by ADS.
10.2. If you are a buyer from outside of the European Union, we reserve the right to charge Vat on the Hammer Price. If within 3 months from the date of sale, you provide ADS with documentary evidence of the permanent export of the goods from the UK, that Vat will be refunded, within 14 days of its recovery from HM Revenue & Customs. The documentary evidence we may accept includes a Certified Bill of Lading, Commercial Invoice and Packing List. A handling charge of 10% will be levied on any refund.
11. Payment is due immediately upon you receiving the invoice for sale from ADS unless you have agreed alternative arrangements with ADS beforehand. Time of payment shall be of the essence. Buyers are required to pay by BACS, Bank or Telegraphic Transfer to the ADS Client Account, the details of which will appear on our invoice.
12. The Buyer will not be allowed to remove any lot until the purchase price of that and all other lots purchased at the auction have been paid for in full. In default of payment within 5 working days of the sale, ADS may hold a lien upon all lots purchased by the Buyer during the auction and, in addition, shall be entitled to immediately rescind the sale in respect of any lot or lots for which full payment is not made in due time, and sell them elsewhere and seize and retain any deposit or part payment the Buyer might have paid for them, without the Buyer having any right of compensation. ADS will also be entitled to charge interest upon any unpaid balance from the date of the invoice at the rate of 7 per cent above the Bank of England Base Rate applying from time to time and to charge for storage arising after the time for removal at the rates set out in the Important Information per lot per day until they elect to rescind the sale, if at all, which election ADS may make at any time after such non-payment.
13. Title to lots shall remain with the Seller until the full sale price, including Buyer's Premium and Vat and any storage and interest costs have been paid to ADS. The risk of damage to or loss of the lot shall be transferred to the Buyer immediately ADS supply you with an invoice for sale. It is the Buyer’s responsibility to put in place its own insurances in this regard.
14. ADS warrants that it will only sell lots which it reasonably believes are owned by the Seller or to which the Seller can pass good title to the Buyer. If it should be that the Seller's title to any lot is defective or that they cannot pass good title to the Buyer, ADS shall be obliged to use its reasonable endeavours to transfer title to the Buyer and to assist the Buyer in exercising any remedies they may have against the Seller. ADS will not however be obliged to initiate or take any part in any litigation.
15. Lots bought are at your risk immediately upon your receipt of the sale invoice from ADS. You should remove the goods as soon as possible after you have paid for them in accordance with the auction terms, by prior arrangement with the Seller. Please note that ADS and / or its clients reserve the right to charge storage on any items not collected after this time. The Buyer shall be responsible for the safe and lawful removal and transport of lots bought. The Buyer agrees to insure against and to indemnify ADS and the Seller against any and all claims arising in respect of injury or damage to any person or property, whether real or personal, on the removal howsoever or by whom caused in connection with the removal of lots the Seller has purchased. The Seller may ask the Buyer to provide a Risk Assessment and Method Statement (‘the Statement’) prior to removing any lot. The Statement must be approved by the Seller prior to the Buyer commencing the removal. Neither ADS nor the Seller will be liable for any loss or damage however caused if they, in their sole discretion, choose to assist in the removal or transport of lots. ADS and the Seller may provide details of independent contractors to the Buyer who may assist upon the decommissionng and removal. The provision of such names are not recommendations and it entirely the Buyer’s decision as who they should use to assist them on the removal.
16. If, before title to any lot has passed to the Buyer, the Buyer, being an individual, dies, enters into a composition or arrangement for the benefit of his creditors, including an Individual Voluntary Arrangement, or has a Bankruptcy Order made against them or, being a body corporate, has an Administrator, Receiver or Receiver and Manager appointed or goes into creditors voluntary or compulsory liquidation or enters into a composition or arrangement for the benefit of its creditors, including a Company Voluntary Arrangement, then the contract for the sale of such lots shall be automatically and without notice rescinded unless ADS elects otherwise within 2 working days of notice of such an event. Upon rescission, any deposit paid by the Buyer shall be forfeit and the Auctioneer shall be entitled to exercise the rights set out in paragraph 11.
17. The Buyer recognises that at the time of sale, the plant, machinery and equipment contained in the lot(s) may not necessarily comply with all or any relevant legislation relating to Health & Safety, Environmental Protection, or other regulations governing its use in a working environment. It is the Buyer’s sole responsibility to ensure that it does not contravene any such regulations. The plant could contain chemicals which, if not handled correctly during their removal and transport from the holding facility, could be in breach of UK legislation. You must comply with all current legislation and regulations in relation to the removal and transport of the lots and any waste and you may be required to satisfy our client(s) that your removal and transport procedures are compliant. Specifically, where waste is to be removed, all work must be undertaken by an approved and licensed contractor.
18. All conditions and warranties as to the condition, quality, description or fitness for any purpose whatsoever of any lot sold by ADS or the Seller are hereby expressly excluded. All lots are sold “as is and where is” and neither ADS nor the Seller will be bound by or liable for any misrepresentation. Neither ADS nor the Seller shall be liable for any loss or damage whether caused by negligence or otherwise of either or both of their servants or agents and without prejudice to the generality of the foregoing neither the Auctioneer nor the Seller shall be liable to refund any money paid for any reason or for any loss of profit, business or production or similar or other loss whether direct or indirect or consequential, however caused. In the circumstances the Buyer should rely solely and exclusively upon its own inspection of any lot and should not treat statements made in sale particulars or, before, during or after the auction by the Seller or ADS either as representations or to be relied upon. No lot is warranted or held out to be merchantable, or safe for use, or complying with statutory requirements for use, display or movement.Counter Clock readings on capital plant and equipment or Odometer readings on vehicles cannot be verified as accurate and are sold strictly on this condition. ADS, their directors, servants and agents have no authority to make representations.
19. ADS will not recognise any potential transfer by the Buyer of lots to third parties. ADS will accept payment only from, and allow removal of items only by, the Buyer themselves or their appointed agent(s).
20. If you intend to buy the goods through a finance company, please notify us well in advance of the sale in order that your finance company can make payment in accordance with our Terms and Conditions and those of the auction platform.
21. There may be a charge per lift (excluding Vat) for loading goods on to the Buyer’s transport, which will be invoiced by ADS as per paragraph 8. Should the Buyer, its servants or agents cause damage in any way to the site of storage or damage to or loss of any lot, ADS shall be entitled to exercise a lien in respect of any and all lots purchased by the Buyer until such damage or loss has been paid for in full, whether or not the lots or any of them have been paid for in full, such loss and damage to be assessed by the Auctioneer whose decision shall be final and unchallengeable. ADS's assessed sum shall be paid by the Buyer upon receipt of the invoice for such damage and payment shall be made forthwith, time being of the essence.
22. These Terms and Conditions can only be varied where such variations are confirmed in writing by a director of ADS. By making a bid for any lot, the bidder warrants that he has read, makes his bid upon and agrees to be bound by these Terms and Conditions and those of the auction platform, and warrants that they have the proper authority and capacity to make the bid, and bind both themselves and any employer or principal to honour any contract resulting therefrom. Any bid shall be deemed to be an offer by the Buyer (a term used herein as including the bidder and any principal or employer of the bidder) to purchase any lot offered for sale upon these Terms and Conditions as amended by the special conditions of the auction platform.
23. These Terms and Conditions shall be construed in accordance with and governed by English Law. The Uniform Law on the International Sale of Goods shall not apply to this contract and the application of the United Nations Convention on Contracts for the International Sale of Goods of 11th April 1980 shall be excluded.
24. If you need any further information or clarification of any matters relating to these Terms and Conditions, you should contact Paul Brindley at Asset Disposal Services Limited, Alpha House, Tipton Street, Sedgley, West Midlands, United Kingdom: Telephone 01902 672323: Email paul@assetdisposalservices.co.uk.
The conditions of sale and all other contents of the listing and particulars are subject to amendment by ADS by the posting of notices on the website prior to or during the sale or by way of an agreement in writing signed by the parties concerned. In particular they are subject to amendment by the Special Conditions of Sale of the Auction Platform on the website at https://www.bidspotter.co.uk/en-gb.