Special
Conditions of Sale
For
goods accepted by Brightwells Ltd for inclusion in a Sale at
their
Saleroom in Leominster.
ALL
AUCTIONS ARE HELD UNDER THE AUCTIONEERS VAT
MARGIN SCHEME.
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1.
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No
Lot will be accepted unless entered on an appropriate Entry Form.
Completion of Entry Forms does not necessarily reserve space in any
sale, dates being subject to the Auctioneer’s discretion, and
dependent upon availability of space.
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2.
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Collection and
Delivery. The Auctioneers do not themselves undertake
the collection and delivery to and from their Saleroom, but will
instruct a Contractor at the owner’s expense.
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3.
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Unsaleable Goods. In the interest of all
Clients unserviceable goods will
not be accepted and the auctioneers and their staff reserve the
right at all times to refuse to offer any goods which in their opinion
are unsuitable to auction.
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4.
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Soft Furnishings. Only acceptable if
manufactured prior to 1950 or bearing the label compliant with Furniture
and Furnishings (Fire Safety) Regulations, of clean and fine quality (At
discretion of Brightwells Staff).
Not
Acceptable - Beds and Fitted Carpets. |
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5.
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Identification. Each Vendor is allocated a
code, which will be attached to all goods on or before being accepted in
Store or Saleroom.
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6.
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PREMIUM Electrical Items only
these require a current Electrician’s Safety Certificate and
any Article delivered without a certificate will be charged at £5,
plus V.A.T. per item for testing by our
Electrician.
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7.
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No
gas appliances are accepted for inclusion in Sales.
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8.
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Agency. The Auctioneers act in the
sale of goods as Agents only and all lots are taken with all faults and
mis-descriptions (if any). In particular they disclaim liability for
payments to the seller until they have received payments from the buyer.
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9.
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Brightwells Ltd shall not be liable for loss or damage
to goods on their premises whether due to negligence of Brightwells
Ltd their servants or Agents or otherwise. Neither the Vendors,
nor the Auctioneers will be responsible for any accident or injury
occuring on the premises.
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10.
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All
goods are accepted for absolute sale unless a special arrangement is
agreed by the Auctioneers. Goods “bought in” by the Owner will be
regarded as “reserved” goods and the usual fees referring to
reserves will be charged.
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11.
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Charges. Minimum Charge - £5.00 per lot.
Commission - 15%
Damage/Loss/Warranty- 1%
Lotting Fee £3 per lot Lotting Fee for Wine is £1 per lot
Photography -
Maximum £50
per illustration
Buying in fee at 5%
of Reserve Price at discretion of Auctioneer
A
withdrawal fee may be implemented at the discretion of the Auctioneers.
All charges shown are subject to VAT at current rate. |
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12.
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Reserves. The Auctioneers will not
agree to reserve prices on goods to the value of £50 or less and
other reserves must be agreed mutually between the Auctioneers and the
Vendor. THIS CONDITION WILL STRICTLY BE ENFORCED.
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13.
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Unsold. Lots may at the entire discretion of the
Auctioneers be re-offered in another sale. Otherwise, the Vendor will be
asked to remove unsold lots immediately or a charge of £1 plus V.A.T.
per day for each item may be levied at the Auctioneers’ discretion.
Any
unsold lots which fail to attract a bid of any sort will Automatically
be sent to the Tip and will attract an Environmental Disposal
Charge.
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14.
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The Auctioneers reserve the right to sell any lot at 10% less than the
reserve price.
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15.
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All measurements of
size and weight are given for guidance only. The specific mention of
damaged items i.e. (A/F) does not imply that all other items are perfect
or unrestored.
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16.
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Notwithstanding
the preceding Conditions, if within 14 days after the Sale, the Buyer of
any lot gives notice in writing and returns the lot to Brightwells Ltd
in the condition as at the time of sale and satisfies the Auctioneers
that considered in the light of the terms of the Catalogue, the lot is a
deliberate forgery then the sale of the lot will be rescinded and the
purchase price of the same refunded.
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17.
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Brightwells
reserves the right to operate a Private Treaty Sale of any unsold Lot at
a price that will produce net proceeds equal to the amount that would
have been received if it had been sold at auction.
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18.
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Buyers Premium 17.5% plus VAT is payable on all Lots sold. Buyers Premium for Wine is 10% plus VAT.
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19
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"Clients' monies paid to us will be held in Brightwells Ltd Clients' Auction Sales Account at Barclays Bank plc, Hereford Branch. Clients will not be entitled to any interest on balances held on this account"
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The above Special
Conditions apply to all Fine Art Sales in addition to the General
Conditions of Sale which apply to all sales held by Brightwells Ltd.
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