The charge for this service is included in the commission.Īll goods delivered to the Auctioneers premises will be deemed to be delivered for sale by auction and will be catalogued and sold accordingly. The value of the goods so covered shall be that which the Auctioneer shall in his absolute discretion estimate to be the auction value of such goods and the Auctioneer shall not be responsible for damages to or the loss, theft or destruction of any goods not so insured. The Auctioneer will hold all goods on his premises and in his custody covered against the risk of fire, burglary and water damage (but not against accidental breakage or damage). Other charges are also exempt from inclusive VAT. books, programmes etc) will accrue commission at 16%. Under this scheme, goods that are zero rated (i.e. No input tax may be claimed by the purchaser or buyer. The sale of items will be under the Auctioneers VAT Margin Scheme and non-refundable VAT is included in the fees. The minimum charge whether sold, not sold or withdrawn is £2.50 plus VAT per lot. The buying-in fee for an unsold lot is 5% plus VAT of the reserve. The fee for withdrawing a lot prior to the sale is 5% plus non-reclaimable VAT of the reserve (or our estimated value if no reserve had been agreed). Standard Selling Commission is 16% plus non-reclaimable VAT.
No goods will be accepted for sale other than under these Terms and Conditions of Sale
TERMS & CONDITIONS OF SALE APPLICABLE TO VENDORS NEW MARKET HOUSE, MEADOW LANE, NOTTINGHAM NG2 3GY
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