Informazioni importanti

JOINT SELLING AGENTS - CJM ASSET MANAGEMENT AND INDUSTRIAL ASSET SOLUTIONS

PLEASE NOTE THAT INVOICES WILL PREPARED WHEN THE WHOLE AUCTION HAS CLOSED ON THURSDAY, 15TH NOVEMBER AND WILL THEN BE EMAILED TO THE ADDRESS REGISTERED ON BIDSPOTTER. THIS EMAIL WILL ALSO CONTAIN FULL DETAILS IN RELATION TO PAYMENT AND COLLECTION. PLEASE NOTE THAT DUE TO THE NUMBER OF LOTS IN THIS AUCTION, YOU MAY NOT RECEIVE YOUR INVOICE UNTIL FRIDAY MORNING.

COLLECTIONS WILL TAKE PLACE STRICTLY BY APPOINTMENT ONLY AND WILL BE NO SOONER THAN TUESDAY, 20TH NOVEMBER.

Please note that the lots will close as follows:

Lots 1 - 650A- from 12 noon on Wednesday, 14th November

Lots 651 - End - from 12 noon on Thursday 15th November

Bidders please note that Lot 650A is a composite lot including all bearings in lot numbers 145, 522, 523 - 532 (inclusive), 534 - 553 (inclusive), 590 - 597 (inclusive), 604 - 646 (inclusive) and 649. Please note that at the conclusion of the sale the Auctioneers will compare the aggregate amount bid for all lots above, compare it to the amount bid for Lot 650A and accept the bid or bids giving the highest return to the Seller.

Viewing: Strictly by appointment on Monday, 12th November and Tuesday, 13th November - please contact CJM on +44(0)1724 334411 to make an appointment to view

Location: Hollins Paper Mill, Hollins Road, Darwen, BB3 0BJ

Termini e condizioni

IMPORTANT NOTICE TO BIDDERS

SPECIAL CONDITIONS OF SALE RELATING TO THE ONLINE AUCTION

AT HOLLINS PAPER MILL

1. These Special Conditions of sale should be read in conjunction with the General Conditions of Sale for Online Auctions posted at www.cjmasset.com and printed at the back of this catalogue.

2. VIEWING: On Monday, 12th and Tuesday, 13th November 2012 at Hollins Paper Mill, Hollins Road, Darwen, BB3 0BJ, STRICTLY BY APPOINTMENT ONLY – contact CJM on +44(0)1724 334411 to make an appointment to view.

N.B. The Auctioneers hereby specifically exclude liability for any accident or injury, howsoever arising, sustained by any person or persons who may attend at the premises for the purpose of the auction, inspection, purchase, collection or any other business. (CHILDREN UNDER THE AGE OF 16 ARE STRICTLY NOT ALLOWED ON THE AUCTION PREMISES).

3. SALE CLOSES AS FOLLOWS:

Lots 1-650 – from 12 noon GMT on Wednesday, 14th November

Lots 651-End – from 12 noon GMT on Thursday, 15th November

Please note that in the event of a bid being received within 10 minutes of the scheduled closing time, the bidding period on that lot will automatically extend by a further 10 minutes. IMPORTANT: WHEN BIDDING DO NOT FORGET TO REGULARLY REFRESH YOUR SCREEN TO ENSURE YOU ARE AWARE OF ALL CURRENT BIDS.

4. REGISTRATION: To register for this sale visit www.cjmasset.com and click on the `Bidspotter` link, or visit Bidspotter.co,uk and click on the appropriate CJM sale.

5. BUYERS PREMIUM: The successful bidder will pay 15% Buyers Premium in addition to the Hammer Price.

6. VALUE ADDED TAX (VAT) will be charged at 20% on both the hammer price and the Buyers Premium. Purchasers from overseas should note that the VAT on the Buyers Premium is not recoverable.

7. VALUE ADDED TAX ON GOODS FOR EXPORT: Buyers from within the European Union: Buyers from within the European Union who produce full details of their trading name and address and VAT registration number at the time of registration will not pay VAT on the hammer price of the goods but will pay VAT on the buyers premium. Buyers from outside the European Union: Buyers from outside the European Union will pay VAT upon the hammer price and the buyers premium. If the purchaser subsequently produces documentary evidence of permanent export from the United Kingdom within 3 months from the date of sale, then the VAT on the hammer price only will be refunded. Satisfactory documentary evidence will include Certified Bill of Lading, Commercial Invoice and Packing List. A handling charge of 10% or £50 Sterling plus VAT (which ever is the higher) will be levied on all such refunds.

8. PAYMENT: Payment is required immediately upon receipt of invoice unless alternative arrangements have been made with the Auctioneers prior to the sale. We accept card payments up to a maximum of £200 on a ‘Cardholder Not Present Basis. Payments by Visa or Mastercard (credit) are subject to a 2 per cent surcharge. Payments by Debit Card are not subject to a surcharge. If you wish to pay by Bank or Telegraphic Transfer our Clients Account details are as follows: - Account Name: Fyrebrand Ltd t/a CJM Asset Management Clients Account, Account No: 36292591, Sort Code: 544126, National Westminster Bank plc, 119 High Street, Scunthorpe, DN15 6LY, United Kingdom. IBAN No: GB81NWBK5441 2636 2925 91. Important Notice - Money Laundering Regulations 2003 - Please note that in order to comply with the Money Laundering Regulations we are unable to accept cash payments in excess of £12,000 (€15,000).

We regret that we do not accept payment by Cheque.

9. TRANSFERS: CJM Asset Management will not recognise the sale of accounts (or parts of accounts) to third parties and we will only accept payment from and allow removal of items by the successful bidders themselves or their appointed agent.

10. PURCHASE OF GOODS THROUGH A FINANCE COMPANY: Please notify us well in advance of the sale if you are intending to purchase though a finance company. This is to ensure that the Finance Company is able to make payment in accordance with the General & Special Conditions of Sale.

11. REMOVAL OF LOTS: Removals will be strictly by appointment from Tuesday, 20th November to Friday 23rd November, 8am – 5pm. Please call CJM on +44(0)1724 334411 to make an appointment.

A forklift will be available to assist with loading at a charge of £5 (inclusive of VAT) per lift.

Where quoted on the lot description, a Risk Assessment and Method Statement will be required for approval by CJM prior to arranging your collection. Please contact Edward Denniss for advice regarding this documentation, and send to edward.denniss@cjmasset.com for approval.

12. FURTHER INFORMATION: Contact Edward Denniss at CJM Asset Management, The CJM Auction Centre, Dunlop Way, Scunthorpe, DN16 3RN, United Kingdom, Telephone +44 (0) 1724 334411, Fax. +44 (0) 1724 334422, e-mail edward.denniss@cjmasset.com.