Auction Information Auction Process • Timed Auction: Each lo...

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Auction Information Auction Process • Timed Auction: Each lot closes at 30-second intervals. • Extended Bidding: Bids made within 5 minutes of closing extend the bidding time by 5 minutes.This continues until no further bids are received. • Screen Refresh: Essential to regularly refresh your screen (F5) for updates. Bidding Options • Max Bid: You can leave a Max Bid if unable to watch the auction live. Auto bids will be placed at set increments. The final price may be below your Max Bid. Gas & Electrical Items • Sold as ‘Trade Only’. • Must be installed by a competent professional or purchased only by members of the appropriate trade. • Purchased at the buyer’s own risk. Fees • You will pay 47.6% on the hammer price on some lots in this auction. This is made up of 20% VAT on the hammer price (VAT registered vendor) together with 27.6% Buyer's Premium. Please check the fees box on each lot for the correct fees. Deposit • A £100 deposit is required for all bidders unknown to the auctioneers. Refundable if bids are unsuccessful. Applied to the final bill for successful bids. • Invoices will be sent after the auction ends. Key Notices • Bids are final and cannot be cancelled. • Collection Deadline: All lots must be collected within 4 working days of auction ending. • Uncollected Items: Items left after 10 days will be deemed abandoned and forfeited. • Operating Hours: 8:30 am to 4:30pm Monday to Friday. Closed on weekends and Bank Holidays.