PREMIUM WOODWORKING MACHINERY & BOARD STOCK

THIS AUCTION IS A TIMED ONLINE AUCTION AND WILL BE HELD FROM TUESDAY 23 JULY 2024 @ 10:00 TO THURSDAY 25 JULY 2024 @ 12:00 ON OUR ONLINE PLATFORM AT ONLINE.ASSETAUCTIONS.CO.ZA.
VIEWING:11 SPANNER ROAD, CLAYVILLE INDUSTRIAL JOHANNESBURG.
FROM MONDAY 22 JULY TO WEDNESDAY 24 JULY 2024 09H00 – 15H00
THE AUCTIONEER IS GRAHAM RENFREW

THE FOLLOWING IS REQUIRED TO REGISTER FOR THE AUCTION
-ID DOCUMENT
-FICA (PROOF OF RESIDENCE) NOT OLDER THAN 3 MONTHS
-A REFUNDABLE REGISTRATION DEPOSIT OF
R25 000.00
PAYABLE BY WAY OF ELECTRONIC FUNDS TRANSFER.
ALL DEPOSITS ARE PAYABLE IN THE FOLLOWING ACCOUNT
ASSET AUCTIONS PTY LTD

NEDBANK EDENVALE
ACCOUNT NUMBER: 100 138 3109
BRANCH CODE: 198765
REFERENCE: NAME & MOBILE NUMBER

SEND A COPY OF ID, PROOF OF RESIDENCE, AND DEPOSIT TO ADMIN@ASSETAUCTIONS.CO.ZA

NO REGISTRATIONS WILL BE ACCEPTED AFTER 11AM ON THE DAY OF THE AUCTION CLOSING

NOTES:
- THIS AUCTION HAS STAGGERED CLOSING WITH 30 SECOND INTERVALS BETWEEN LOTS.
- IF A LOT RECEIVES A BID WITHIN THE LAST 10 MIN. IT WILL REMAIN OPEN FOR AN ADDITIONAL 10 MIN.
- IF ANY FURTHER BIDDING OCCURS, THE EXTENSION TIMER WILL RESET TO 10 MIN.
- IF NO FURTHER BIDDING ACTIVITY OCCURS, THE LOT CLOSES WHEN THE TIMER RUNS OUT.
TECHNICAL ISSUES:
-ASSET AUCTIONS CANNOT BE HELD RESPONSIBLE FOR A MISSED BID IN THE EVENT OF A TECHNICAL ISSUE RELATED TO THE SERVER, SOFTWARE, INTERNET, OR ANY OTHER ONLINE AUCTION-RELATED PLATFORMS
-GOOD ARE SOLD “VOETSTOETS”.
-WE ARE SELLING PER RISING BID IN SOUTH AFRICAN RANDS.
-THE TERMS ARE EFT OR CASH DEPOSITS IN ACCOUNT (CASH DEPOSIT FEE OF 2% MUST BE ADDED TO THE DEPOSIT)
-10% EXCLUDING VAT BUYERS COMMISSION PAYABLE.
-ALL BIDS ARE EXCLUSIVE OF VAT.
-PLEASE NOTE SOME ITEMS MAY BE SOLD SUBJECT TO CONFIRMATION, PLEASE SEE NOTES ON LOT.
- ALL ELECTRICAL EQUIPMENT TO BE DISCONNECTED AND MADE SAFE AT THE MACHINE BY THE BUYER. NO ELECTRICAL CABLE OR DB BOARDS TO BE REMOVED.
- BUYERS TO ARRANGE RIGGING AND LOADING.
- FORKLIFTS ONSITE TO LOAD BOARD ONLY.
-THIS AUCTION COMPLIES WITH SECTION 45 OF THE CONSUMER PROTECTION ACT (CPA), NO. 68 OF 2008 AND THE REGULATIONS CONTAINED THEREIN APPLICABLE TO AUCTIONS.

PLEASE VIEW THE TERMS AND CONDITIONS FOR THE FULL CONDITIONS OF SALE FOR THIS AUCTION.

Oh no, something went wrong

Please refresh to try again.