Important Information

All persons attending the sale ground are reminded that there may be risks on the site including moving machinery and vehicles and to exercise caution at all times with any children being fully supervised at all times. Any incidents that occur on the sale ground should be reported immediately to the auctioneers office for details to be recorded. No vehicles will be permitted onto the sale ground during the sale.

 

PAYMENT - All lots become the sole risk of the buyer at the fall of the hammer. The property in a lot purchased shall not pass to the buyer or be removed until payment has been cleared of the full purchase price (including commission and VAT) to the auctioneers. All lots must be paid for upon the receipt of the invoice sent by the auctioneers and within 1 week of the sale date.

 

CHEQUE PAYMENTS - Buyers unknown to the auctioneers wishing to pay by cheque with immediate clearance must be accompanied by a written Bank reference for a sum equal to or in excess of the total invoice. The reference must specify the sale location, date, the account details upon which the cheque will be drawn and the amount up to which their cheque will be honoured. We are able to accept VISA debit cards only. Payments by credit card are not acceptable. In order to comply with Money Laundering Regulations 2017, we are unable to accept cash payments for sums in excess of £7,500 either as a single payment or multiple payments totalling £7,500.

 

REMOVAL OF LOTS - No lots may be removed from site unless accompanied by a receipted invoice. All lots are to be removed by date to be confirmed.

 

LOADING FACILITIES - Loading facilities to be confirmed. The Auctioneers and Seller will not accept any responsibility or liability for the loss or damage to lots left on the sale ground and all Buyers are reminded that they are entirely responsible for any lot purchased from the fall of the hammer.

 

Vehicles entering the sale ground for loading must operate below a 5mph speed limit and move with caution.

 

BUYER’S FACILITIES - All potential Buyers are requested to register with the Auctioneers and complete a Buyer’s Number Slip and be allocated a Buyer’s Number. Bids may not be accepted without a Buyer’s Number.

 

BUYER’S PREMIUM - No Buyer’s Premium.

 

ONLINE BIDDING - Live online bidding will be available at this sale via i-bidder.com or bidspotter.co.uk. A 2% plus VAT internet surcharge will be added to the hammer price for successful bids made online through i-bidder.com or bidspotter.co.uk. We recommend that registration for online bidding is made before the day of the sale. Brown & Co or Bagshaws accepts no liability whatsoever for any loss of connectivity and the ability to bid on the day of the sale and strongly recommends attending the sale in person to ensure that ability to bid is maintained.

 

VAT - To be confirmed.  Where VAT is applicable it will be payable on all lots in addition to the hammer price at the standard rate.

 

CONDITIONS - The sale will be conducted under our standard Conditions of Sale reproduced in this catalogue.

 

All prospective Buyers should ensure that they have read and understood those Conditions. The act of bidding will be taken as acceptance of them.

 

REFRESHMENTS - These will be available on the sale day.

 

COMMISSIONS - The Auctioneers will be pleased to take written commission bids prior to the sale. Forms are available on request.

 

ENGINE HOURS - Neither the Sellers nor the auctioneers make any warranty regarding engine hours or vehicles mileages.

 

INSPECTION OF EQUIPMENT – No powered machinery or equipment may be started without the prior approval of a Brown & Co or Bagshaws representative.

 

FORTHCOMING SALES - If you wish to receive catalogues of future sales, please leave your name and full address at our pay office.

 

CATALOGUE ENTRIES - Whilst every attempt is made to ensure that the descriptions are accurate, no guarantees are either given or implied. Buyers should be aware that from time to time, lots are withdrawn, and other lots added.

 

Please contact the auctioneers prior to the sale to ensure that the machinery has been delivered onto the sale ground.

 

VIEWING - To be confirmed.

 

EXPORT OF GOODS - All goods purchased at Brown & Co or Bagshaws auctions that are to be exported or removed from the United Kingdom will:

 

1. Be dealt with under the requirements set out of HM Customs and Excise publications:

 

a) VAT Notice 703 dated April 2014 as updated 31 December 2020 - Export of goods from the United Kingdom.

 

https://www.gov.uk/guidance/vat-on-goods-exported-from-the-uk-notice-703

 

Further Guidance is available here for goods movements between Great Britain and Northern Ireland:

 

https://www.gov.uk/government/publications/accounting-for-vat-on-goods-moving-between-great-britain-and-northern-ireland-from-1-january-2021

 

2. Be ZERO RATED for VAT purposes subject to the following conditions being met:

 

a) The goods are removed from Great Britain within three months from the time of supply (the date of auction).

 

b) Brown & Co or Bagshaws are provided with valid commercial documentary evidence that the goods have been removed from Great Britain within three months of the auction date.

 

Unless and until the above requirements are fulfilled Purchasers will be charged VAT at the Great Britain standard rate (currently 20%). This will only be refunded if all requirements within the regulations are met within the specified time limits.

 

Upon receipt of cleared funds the Purchaser at auction takes ownership of the goods and goods will not leave a vendors premises until this is the case.

 

The Purchaser or their agent will be responsible for removing the goods from Great Britain and will act as the importer of record and will be responsible for payment of any VAT, duties, goods and services tax, or other sales or import taxes or duties arising on the exportation of the goods from Great Britain and the importation of the goods into any country.

 

Neither Brown & Co or Bagshaws or the Vendor are responsible for any VAT, duties, goods and services tax, or other sales or import taxes or duties arising on the exportation of the goods from Great Britain and the importation of the goods into any country by the Purchaser or their agent.

 

Further Guidance is available here for goods leaving the United Kingdom:

 

https://www.gov.uk/check-customs-declaration

 

Unless and until the above requirements are fulfilled Buyers will be charged VAT at the United Kingdom standard rate (currently 20%). This will only be refunded if all requirements within the regulations are met within the specified time limits.