Warehouse Auction

Live Auction, Started: 24 Jun 2015 02:00 PST

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By order of the liquidator

Live auction of landscaping & gardening equipment, refrigerated bakkies, display fridges, laptops, office equipment & furniture, electrical supplies and more

Featuring:

CAT 226B skidsteer loader & trailer
Mercedes Benz 1517 tipper & crane
Tata tipper
Display fridges
Office equipment & furniture
Electrical supplies and more

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Auction notes:

VAT payable on all lots

Notice to purchasers:

Buyers premium: 10% VAT on premium payable
VAT/Tax: 14%
Inspection details: Tuesday 23rd June 2015 from 08:00am - 15:00pm
Payment type: Wire Transfer
Additional notes: This auction is governed by the Consumer Protection Act – Act 68 of 2008 (South Africa), and further reference to the Act and the regulations can be downloaded here.
Consumer Protection Act 68 of 2008

Consumer Protection Act 68 of 2008 – Regulations

The Bidders attention is drawn to the following:

The Rules of Auction can be found under the "Downloadable Documents" tab

The asset will be sold “Voetstoots” and on “AS IS – WHERE IS” condition. It is the buyer’s responsibility to perform an inspection of the asset prior to the auction.

The Sale of the asset is non-suspensive and not subject to any feasibility or any other condition required by the buyer.

The Sale by auction is subject to

A reserve or upset price

All prospective bidders must register prior to the auction and such registration requires proof of identity and residence (FICA) as contemplated in regulation 26;

A refundable deposit may be payable by a bank guaranteed cheque or Electronic Fund Transfer (EFT). Kindly provide proof of deposit.

The auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of third parties

The Auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of seller but, if on behalf of the seller, not at or in excess of the reserve price

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Currency: South Africa Rand
Auctioneer: GoIndustry DoveBid S.A. (Pty) Ltd.

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