3 INTERNAL MICROMETERS

CONDITIONS OF SALE FOR INTERNET SALES

1.The highest bidder of each lot, if in due time, shall be the buyer thereof, but subject to the Auctioneer reserving the right of refusing the bidding of any person, without giving any reason for such refusal. Should any dispute arise between two or more approved bidders, or between the Auctioneer and any approved bidder, the lot or lots to be put up again or not, at the discretion of the Auctioneer. The Vendor reserves the right to bid by himself or his agent and withdraw any lot previously to or at the time of sale.

2.BUYERS PREMIUM. 19% charged on all lots plus V.A.T. on buyers premium.

3.V.A.T. There is no vat on the lots, the only vat applicable to this sale is on the buyers premium.

4.The whole shall be sold, with the faults, imperfections and errors of description in the lots or the catalogue; or, as these may be divided or co-joined at the sale, and without any warranty whatever, the Buyers being held to have satisfied themselves as to the condition, quality and description of lots before bidding. No person to advance less then 10p at each bidding up to £5: less than 50p above £5: and so on in proportion. No bidding shall be retracted.

5.The Buyers shall pay down immediately a deposit of 25p in the pound or such other sum as the Auctioneer may name, in part payment (each deposit to be applicable to any lot or lots purchased) and to give their names and places of abode and the names and places of abode of any principal or employer when required or in default of this the lot or lots so purchased to be at the disposal of the Auctioneer.

6.The Buyer shall pay the remainder of his purchase money for lots purchased by him IMMEDIATELY AFTER THE SALE, and before the possession of any lots shall be delivered to him.

7.The lots are to be taken away with all faults, imperfections and errors of description at the Buyer’s expense and risk ON OR BEFORE THE LAST DAY OF SALE, UNLESS ARRANGED OTHERWISE WITH THE AUCTIONEERS and to be at the Buyer’s risk from the fall of the hammer. In cases where one Buyer purchases more than one lot, the whole of the amount of the lots purchased to be paid before any one lot is delivered and no person is to be entitled to anything not described in the lots; neither will any lot be transferred from the Buyer to a Sub-Buyer. No allowance will be made whatever for errors in description or quality, but the lots are to be cleared as shown at the sale.

8.All lots left after the specified time will be entirely at the Buyer’s risk, and will be liable to any expense that may arise from their not having been cleared in accordance with the above conditions.

9.The Buyers shall be answerable for all damage, they, their carriers or other agents may do to any lots or to the premises in taking down or removing their respective lots, and to properly repair the same, before their lots are removed from the premises or deposit with the Auctioneer such sum of money as the Auctioneer may determine to cover the cost of making good such damage.

10.Every person whilst on the premises where the goods are exhibited or sold, before, during, or after the sale shall be deemed to be there at his own risk and with notice of the condition of the premises and that the dismantlement of the plant and machinery will be, is being, or has been carried out and no person shall have or make any claim against the Vendor or the Auctioneer or the owners of the premises where sale takes place in respect of any injury he may sustain or accident which may happen.

11.The Auctioneers have no legal responsibility in the event of loss or damage by fire, burglary or water and would point out that all lots are on site at the owner’s risk from the fall of the hammer.

12.In as much as the Auctioneer acts only as agent, he will not be considered personally responsible for any default on the part of either Buyer or Vendor.

13.Upon failure to comply with the above conditions, the amount deposited shall be forfeited; the lots un-cleared at the time aforesaid may be re-sold either by public sale or by private contract, without any imitation to the defaulter and the deficiency (if any) on such second sale, together with all charges and expenses attending the same, shall be made good by the defaulter or the defaulters at this present sale, and be recoverable as for liquidated damages; but any surplus that may arise therefrom shall belong solely to the Vendor. The Auctioneer or Vendor shall have full right to enforce any contract made at this sale and to sue for the full price of the goods and the foregoing provision as to re-sale shall be entirely without prejudice to such right.

14.All conditions and warranties as to the condition, quality, description or fitness for any purpose whatsoever of any lot sold by the Auctioneer are hereby expressly excluded. Neither the Auctioneer, nor the Seller, will be bound by or liable for any representation or any kind whatsoever, whensoever, or howsoever made. Neither the Auctioneer nor the Seller shall be liable for any loss or damage whether caused by negligence or otherwise, of either or both of their servants or agents, and without prejudice to the generality of the foregoing, neither the Auctioneer nor the Seller shall be liable for any loss of profit, business or production or similar or other loss, whether direct or indirect or consequential, however caused. In the circumstances any potential buyer should rely solely and exclusively upon his own inspection of any lot and should not treat statements made in sale particulars, or before or during the auction, by the Seller or Auctioneer, either as representations, or to be relied upon.

NB: A SALE BY AUCTION IS NOT A CONSUMER SALE: SALE OF GOODS ACT 1893 SECTION 55 (7) AND UNFAIR CONTRACT TERMS ACT 1977 SECTION 12 (2)

NO VEHICLE IS WARRANTED OR HELD OUT TO BE ROADWORTHY AND NO LOT IS WARRANTED OR HELD OUT TO BE MERCHANTABLE OR SAFE FOR USE OR COMPLYING WITH STATUTORY REQUIREMENTS FOR USE, DISPLAY OR MOVEMENT. THE AUCTIONEER, HIS SERVANTS AND AGENTS HAVE NO AUTHORITY TO MAKE REPRESENTATIONS.

15.The Auctioneers to be the sole arbitrator in every matter or dispute.

16. Intentionally blank.

SPECIAL CONDITIONS OF SALE RELATING TO INTERNET AUCTIONS

17.Viewing: Access to the location is allowed on the understanding that viewers attend a location entirely at their own risk and are responsible for and will indemnify the seller and the seller’s agent against any losses, damage or claims occasioned by their presence at the location.

18.Registration: All bidders must register their details on www.the-saleroom.com. It is preferable to register at least 24 hours before the sale is due to finish.

19. Payment: On Day of Sale by Bank to Bank Transfer or Debit Card at our Offices in Stokesley (No Credit Cards Accepted).  Bank Account Details: Bank - Virgin Money, 7 Linthorpe Road, Middlesbrough, TS1 1RF; Account Name: R Storry t/a Lithgows Sons & Partners No. 2 Auction Clients Account.  Sort Code: 05-06-11.  Account Number: 14474015.  (Your paddle number must be used as reference).

20.Deposits: Lithgow Sons & Partners reserve the right to request a deposit to be paid.

21.Intentionally blank. 

22.Buyer’s premium: Online bidders will pay a premium as stated in the auction catalogue and VAT where applicable. The premium is not negotiable and payable by all buyers. The Auctioneer when acting as agent for the seller may also receive commission from the seller.

23.Online bidding: The internet is not fool proof and a number of factors such as speed of connection (Broadband or modem), number of users accessing at the same time, telephone line and human error may affect how the sale is viewed. Please be aware that due to the number of people actually bidding immediately prior to the close of the sale, occasional delays may be encountered for the i-bidder system to process bids. Please be aware that to avoid this situation, bidders can place ceiling bids on lots well in advance of the closure of the sale thus preventing any delay. Lithgow Sons & Partners will not be held liable in the event of any dispute due to errors, omissions, disruptions to internet service or power failures which may occur when bidding online.

24.General Conditions of Sale which apply to all sales and stress that you read and understand www.the-saleroom.com terms and conditions of registration. Lot descriptions will be amended as appropriate as and when information becomes available. It is highly recommended that prospective purchasers read lot descriptions before every bid so that they are fully aware of any amendments and also Conditions of Sale relating to that particular lot.

25.Bidding Process through www.the-saleroom.com: In completing the bidding registration providing your credit card details you  a. confirm that you are authorised to supply these credit card details to the Auctioneer, and have sufficient funds to complete the transaction, b. agree to abide by the Auctioneer’s Conditions of Sale, special Terms and Conditions as stated in these particulars, and on the www.the-saleroom.com website, c. some lots in the sale are subject to reserve and if this reserve is not met then these lots will remain unsold.

26.Dismantling and removal: Purchasers are reminded that dismantling, loading and removal of lots is their responsibility and at their expense and must be undertaken in accordance with current Health and Safety practice. All lots are at the buyer’s risk from the point of sale and purchasers are therefore advised to have suitable insurance cover in place. Lots may only be collected upon receipt of cleared funds.

27.Risk: the bidder is on risk once the offers are accepted and is strongly advised to effect insurance at once.

Sale Summary

Auction Type:                    Timed, Online Auction via www.bidspotter.co.uk.

Viewing Location:              K D Flavell & Sons Welding Specialists Co Ltd, Roberts Street, Thornaby, TS17 6AN.

Viewing Time and Date:     Monday 29^th October 20201 from 10.30am to 3.30pm.

VAT:                                  All lots in the sale attract VAT at standard rate over and above the hammer price.

Buyer’s Premium:              19% plus VAT.

Payment:                            Payment on day of sale by bank transfer.

Bank Account Details:        Virgin Money, Linthorpe Road, Middlesbrough, TS1 1RF.

                                           Account Name:     R Storry t/a Lithgow Sons & Partners, No 2 Auction Client Account

                                           Sort Code:             05-06-11

                                           Account No.:        14474015

Clearance:                          From 10am to 4pm Thursday 2^nd December, and Friday 3^rd December 2021.  A 3T forklift is on site at the property to assist in removal on these two days.

There is an additional removal day from 10am to 4pm on Friday 10^th December for purchasers of large machinery.