Eriswell Hall Barns Ltd
CONDITIONS OF AUCTION
Advice For Vendors
Entering Items
Lots are entered 1st week at reserve requested. The 2nd week lots are subject
to a 20% reduction against reserve and at week 3 the lot is to have no reserve
if still entered for sale.
Our Salerooms are open to receive goods on:
Monday & Tuesday 10am - 5:30pm Wednesday - 10am - 2pm or alternatively by
arrangement.
Charges to Vendors
Entry fee: £1.20 per lot (sold or unsold.)
Selling commission per lot: 14.5% on first £1000, 6%
thereafter.
Insurance for loss or damage: 1% of estimated value as registered at time of
entering the item.
All charges are subject to VAT.
Payment
Is made by cheque posted on the friday
following the sale with detailed sale results of each lot entered.
Consignments divided between different sales, payment follows sale of the total
consignment.
Due Diligence Policy
In support of the Suffolk Constabulary Eriswell Hall
Barns operates a Due Diligence Policy to help prevent the sale of stolen goods
through this auction and thus hopefully deter initial theft. We ask vendors to
sign a declaration of ownership and we make payment by cheque to their home
address.
1. Contact
In writing: Eriswell Hall Barns Ltd
Eriswell Road, Lakenheath
Suffolk IP27 9AH
Telephone: 01638 533 335
Fax: 01638 533 003
E-Mail: info@eriswellhallbarns.co.uk
Web: www.eriswellhallbarns.co.uk
2. Auctioneer as agent of vendor
The Auctioneers act in every respect to the goods and the sale thereof as
Agents only of the person(s) herein called “The Vendor” by whom the Auctioneers
are authorised to sell such goods as may have been deposited with them for that
purpose. The Buyer acknowledges that any liability arising under these terms
and conditions of sale and purchase is the liability of the Vendor only and not
that of the Auctioneers.
3. Right to bid on behalf of Seller
In the case of lots upon which there is a reserve price the Auctioneer reserves
the right to bid on behalf of the seller to one bid beneath the reserve price.
4. Registration of Buyers
The Buyer is to register at reception with proof of identification for a
buyer’s number before purchase of any lot.
5. Bidding
The Buyer shall be the person making the highest bid
which is acceptable to the Auctioneers as signified by the fall of the hammer.
In the case of a dispute as to the highest bidding during or immediately after
the sale of the lot, the Auctioneers may if they think fit put the lot up again
for sale. The Buyer shall be deemed to be principal unless to the knowledge of the
Auctioneers the Buyer is acting as agent on behalf of a named principal.
6. Payment
The buyer shall pay to the Auctioneers the full purchase price, plus premium,
on the day of sale in a way acceptable to the Auctioneers,
i) Payment by cash enables collection of lots
immediately after payment.
ii) Payment by cheque:
a) If supported by a cheque card lots can be collected
immediately, to cheque card limit.
b) For larger payments cheques to be cleared before collection of goods, or a
Bank Reference supplied
iii) Payment by Credit Card:
Visa and MasterCard credit cards accepted subject to 2.0% surcharge.
Charge subject to VAT.
Delta and Switch debit cards accepted – no charge.
Payment of the above enables immediate collection of lots.
7. Export of Goods from UK – VAT
If goods are to be exported outside the EC and VAT is to be reclaimed we will
require express declaration from any prospective exporter prior to sale, or up
to one hour after the end of the sale. Advice of a non-EU address is
insufficient evidence that lots are to be exported. Any VAT charged on the
invoice must be paid in full before the goods can be removed. VAT will be
refunded upon receipt of the appropriate official documents once the item/s have been exported. Lots must be exported within 3 months of
the date of the sale.
8. Removal of Lots
No lots to be removed until paid for, failure to remove lots when clear to do
so will incur storage charges, levied at £5 per item per day. Each lot is to be
at the risk of the purchaser on the fall of the hammer and to be taken directly
with all faults defects or errors of description. Buyers are given ample
opportunity and viewing time to examine lots to be sold and will be assumed to
have done so. They must rely solely on their own skill and judgement as to
whether lots are fit for any particular purpose and as to compliance with the
catalogue description or illustrations. Further, any damage, howsoever caused,
in the removal of purchases by the purchaser or any person acting on their
behalf, is solely the liability of the purchaser.
9. Catalogue Description – All Lots
The Auctioneers undertake that reasonable care has been taken to produce
catalogue descriptions that are accurate and reliable but these are necessarily
matters of opinion only and not to be taken as statement of fact. Although in
some instances damage or restoration is noted, generally imperfections are not
stated and prospective buyers must satisfy themselves on the condition and
accuracy of description of each lot prior to bidding and to act upon their own
judgment.
In particular:
Pictures, bronzes etc: Only descriptions commencing with the forename(s) and
surname of the artist are in our opinion the work of that particular artist.
Any other forms of description are given without warranty as to the origin,
authenticity or signature of the artist noted.
Books and Jigsaws: Condition and completeness are not generally noted. Buyers
are to act upon their own judgment as to whether the lot agrees with the
description.
10. Warranties and Implied Conditions Excluded.
No warranty is given by the Auctioneers or the Vendor to any prospective Buyer
in respect of any lot and all implied conditions or warranties whether imposed
by the Sale of Goods Act 1979 or otherwise (except in the case of the Vendor
those implied under Section 12 of the Sales of Goods Act 1979) are hereby
excluded. All lots are sold as shown with all faults, imperfections and errors
of description whether expressly identified in the catalogue description or
not.
11. Buyers Liability
The Buyer shall not become the owner of any lot, and the Auctioneers shall
retain possession of the lot until the Buyer has discharged the purchase price
in full, but after the fall of the hammer the risk of damage or loss to the lot
in question shall nevertheless pass to and remain with the Buyer, or if unsold
to the Vendor. In default of full payment the lot, or lots, may be resold by
public/private sale, and if any deficiency, together with all expenses
attending such resale, shall be made good by the Buyer.
12. Condition Reports
We do not offer condition reports. We are pleased to
provide e-mail images of items with a guide price over £50, time permitting,
for your assessment. If required we will give an honest opinion as to the
damage or restoration which is immediately apparent. We can give no guarantee
on authenticity, completeness or concealed restoration. We strongly recommend
your personal viewing of the item. If purchase is subsequently affected, viewed
or not viewed, full liability as to the price, condition, authenticity and
suitability is that of the purchaser.
13. Reserves and Guide Prices
Where items are offered for sale subject to a reserve
price, our policy is to reflect the reserve price at a level no higher than the
lower end of the “guide price”.
14. Written and Telephone Bids
The Auctioneers are prepared to accept written bids from intending Purchasers
unable to attend the sale on the commission bid forms provided on the
understanding that clients or their representatives leaving such bids have
viewed the lots in question and have satisfied themselves as to the
authenticity and conditions of each lot. Such bids may be accepted from clients
who have not viewed but only on the understanding that items purchased on their
behalf will be paid for and removed without question. Commission bid forms must
be given to Reception no later than half an hour before the commencement of a
sale. This service is undertaken free of charge but without responsibility. The
Auctioneers cannot be held responsible for, nor are they connected with
commission bids given to the Auction Room porters. The Auctioneers Conditions
of Sale provide that they may at their own discretion on your behalf exceed
your commission bid by one bid.
For higher value lots, telephone bids can be arranged. If this service is
required then please make arrangements prior to the sale with our Reception. We
will arrange to telephone you a few lots before your lot is
due to be offered. Again, this service is undertaken free of charge but without
responsibility.
15. Soft Furnishings, Fire Safety
All domestic soft furnishings after 1950 must carry
appropriate “fire safety” labels in compliance with DTI Regulations. Furniture
made before 1950 is excluded from the regulations even if it has been
reupholstered since that date.
16. Motor Vehicles
The Auctioneers give no warranty regarding any
vehicle. Vehicles are sold as seen, with all faults and errors of description.
Purchasers will be deemed to have inspected the vehicle and all relevant
paperwork.
17. Electrical Goods
General Household
Electrical items are tested at a charge of £3.00 per item to check whether they
comply with DTI standards for safety and labeled
accordingly. This in no way implies that the item is in working order and no
refund is available if the item is faulty. The test charge is subject to
VAT.
Commercial Electrical Items
Goods designed for commercial use e.g. restaurant kitchen equipment,
agricultural items, trade workshop equipment including all items wired for
three phase supply are not tested for electrical safety and are sold without
warranty or any guarantee as to safety serviceability or working order. It
remains the purchasers’ responsibility to have these items checked by a
qualified electrician before use.
Collectors Electrical Items
Electrical items noted as “collectors electrical items” within the catalogue
are sold on the strict understanding that though originally intended to be
operated by mains electricity are sold untested, without warranty or any
guarantee as to safety, serviceability or working order. These items might not
comply with current statutory requirements and are offered for sale solely for
display purposes or historical interest. The items are not suitable for
connection to mains electricity unless they are checked and warranted so by a
qualified electrician.
18. Damage whilst Viewing
Any person wilfully or accidentally breaking or
damaging any of the Lots will be responsible for any compensation due. This is
to be assessed by the Auctioneers as sole arbiter and
their decision is final.
19. Buyers Premium
Buyers Premium is charged on the price realised for each lot whether sold by
auction or private treaty at 14.5% payable by the Buyer to the Auctioneer for
their own retention. The charge is subject to VAT, non recoverable.
20. Insurance
Property consigned to Eriswell Hall Barns for sale by
auction is covered by insurance at a charge of 1% of its auction value as
assessed by the auctioneers, against loss or damage whilst on the Auctioneer
premises to the fall of the hammer, sold or unsold. Cover excludes
responsibility for items damaged by woodworm or as a result of inherent
structural weakness or by changes in atmospheric conditions or for the
disintegration of gesso covered picture frames and picture frame glass. The
charge is subject to VAT at standard rates.
21. Forgeries
If within 14 days of the sale, the Auctioneers have received from the buyer of
any lot, notice in writing that in their view the lot is a deliberate forgery
and within seven days after such notification the Buyer returns the same to the
Auctioneers in the same condition as at the time of the sale and by producing
evidence, (the burden of proof to be with the Buyer), satisfies the Auctioneers
that considered in the light of the entry in 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. The Auctioneers shall not rescind any sale until
such time as they have certified to the Vendor and the Buyer that the lot is in
their professional opinion a deliberate forgery. The Vendor agrees to be bound
by the Auctioneers decision and agrees to refund any amounts received by them
from the Auctioneers in respect of that lot. In the case of any miss-description
by the Vendor or where a lot is shown to be deliberate forgery, the Auctioneers
shall not be liable to the Vendor for any loss arising from the rescission of a
contract for sale.
22. Auctioneer Rights
The Auctioneer claims the right of refusing admission to and ejecting from the
site on which the sale is held, any person or persons; regulating the amount of
the biddings; refusing the bid of any person; altering the arrangement of the
lots, selling two or more lots as one lot or in any way they may think proper,
withdrawing any lot or lots and altering or adding to these conditions at the
time of the sale. The Auctioneer is to be the sole arbitrator in any matter
arising during or out of the sale.
23. Third Party Liability
Every person on Eriswell Hall Barns premises at any
time shall be deemed to be there at their own risk. They shall have no claim
against Eriswell Hall Barns in respect of any
accident which may occur or injury, damage or loss howsoever caused.