G J Wisdom & Co Terms and Conditions

NOTICE TO PURCHASERS

1. Acceptance of all final highest bids is subject to approval by our client.

2. G J Wisdom & Co reserves the right to reject any bids which they feel does not reflect reasonable value. Successful bidders will be notified by email.

3. Access for bidding can be obtained through our website 
WWW.GJWisdom.co.uk (linked to WWW.bidspotter.co.uk. Full details including valid email address must be provided in order to receive approval for bidding).

4. 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 and for a further 10mins for any bid received thereafter. IMPORTANT: When bidding, you may be required to ‘REFRESH’ your screen to ensure you are aware of current bids. MAILING: All approved bidders will automatically have their details placed on our database for notification of future sales undertaken by G J Wisdom & Co. In the event that you wish to have your details excluded from our database, please use the ‘unsubscribed’ feature within our website (as above) alternatively please notify our Sales Administration Team. (We do not sell or pass on details to any other party).

5. The purchaser will pay a buyers premium of 15% plus VAT, which will be charged on all lots. * The premium is not negotiable and will be paid by all buyers * VAT on buyers premium is payable on buyers premium where goods are exported in all instances.

6. PAYMENT TERMS: * All purchases are to be paid in full, no later than time and date specified. All queries regarding payment should be directed to our Sales Accounts team.

7. Purchasers will be charged Value Added Tax on all lots, where applicable, at the current rates.

8. DEPOSITS: * Purchasers are required to pay a deposit on lots which will cause damage to the fabric of the building after removal. These lots will be specified in the sale catalogue. The deposit will be returned once the purchaser has made good in a satisfactory manner. Deposits may be forfeited and lots re-offered failing the balancing payment by the required time and date. Lots may be re-offered note conditions of sale.

9. RISK: The bidder / buyer is at risk once the buyer is notified of his successful purchases and is strongly advised to effect insurance at once, irrespective of whether title has passed. Title does not pass to the purchaser until payment has been received in full.

10. PHOTOGRAPHS: The images shown on our website against certain lots in this online auction are representative only; they may not necessarily represent the actual lot item to be purchased.

11. CLEARANCE TERMS AND ARRANGEMENTS: All lots must be removed by advertised times and without fail by the time specified. No lot or part lot may be cleared until full payment has been made.

12. G J Wisdom & Co does not undertake packaging, postage, delivery or shipment of goods (unless by prior expressed agreement) the bidder must make his own arrangements to comply with the clearance terms * Clearance of all lots must be undertaken in accordance with Health & Safety at Work Regulations and, where necessary, Construction Design and Management Regulations 1994. You may be required to provide a Work Method Statement and Risk Assessment approved by G J Wisdom & Co, prior to removal of any lots. G J Wisdom & Co reserve the right to stop clearance if in their opinion, they believe it is being carried out in an unsafe manner or without the Method Statement and Risk Assessment.

13. The purchaser should ensure that their contractors hold sufficient public liability insurance, copies of which should be made available to G J Wisdom & Co if demanded. * Any fluids remaining in any lots purchased MUST be removed from site in conformity with the Control of Substances Hazardous to Health (COSHH) Regulations.

14. CONDITIONS OF SALE: *All lots will be sold subject to the Conditions of Sale. Bidders are advised to read them carefully.*

15. TRANSFER OF LOTS: G J Wisdom & Co will only accept payment from and permit removal of lots purchased by the successful purchaser or their duly appointed agent.

16. Overseas Bidders should contact the Sales Team prior to bidding.

17. All electrical items are sold as “Electrical Scrap” and should be “PAT” tested prior to use.

18. This Auction has an auto bid extension enabled. If a bid is placed within 10 minutes of the scheduled end time, the Auction end time will extend by an additional 10 minutes. This continues until no further bids are placed.

19. Please satisfy yourselves on all matters before bidding, ensure that you bid on the correct lot, and remember that all lots are sold as seen, quantities and description are for guidance only and should not be relied on. Also whilst we believe that the goods are described working, faults are not declared and therefore no goods may be returned. We will make every effort to ensure the safe keeping of goods. However, we will not be held responsible for any damage or loss of goods once a sale has been declared.

In bidding you are accepting the terms detailed in our NOTICE TO PURCHASERS and OUR TERMS AND CONDITIONS OF SALE
Details of viewing arrangements, acceptance of bids, payment & clearance terms are detailed in our SPECIFIC NOTICE TO PURCHASERS 
Please refer to WWW.GJWisdom.co.uk for full terms and conditions