This property is being sold subject to unconditional reservation fee auction terms and conditions.
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Timescales
\rContracts will exchange immediately. There are 28 days in which to complete the purchase.
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Legal Pack
\rA legal pack is available to download. Special conditions may apply.
\rWe strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
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Deposit
\rIn order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
\rThe deposit is non-refundable.
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Buyer Fees
\rThis property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.
\rA reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
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More Information
\rFor more information call our auction experts on or email
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ONLINE AUCTION NOTICE
\rI hereby acknowledge and confirm the following:
\rMy bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
\rIf my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
\rAny amount payable at the close of the auction must be paid within 1 hour.
\rPlease note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
\rEach auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
\rPlease bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
\rThe auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
\rIt is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
\rThe auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
\rMinimum online bidding increments:
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£50,000 - £250 minimum bid
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£50,001 to £150,000 - £500 minimum bid
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£150,001 to £250,000 - £1,000 minimum bid&nbs
Details:
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