Buying Through Nortrad Auctions Ltd:
All lots are “sold as seen” and any description is to be used as a guide only. All images, unless otherwise stated, are of the actual item that is to be auctioned. It is the responsibility of the buyer to thoroughly read the item description and view all images. Condition reports are given upon request only. A viewing of any item is also advised but strictly by appointment only.
Electrical items should be considered untested, unless otherwise stated, and should be used at the risk of the buyer.
Commission charges for buying:
All lots purchased are subject to buyer’s premium at 20% + VAT on top of the hammer price, with a minimum buyer’s premium charge of £2.50 + VAT per lot.
Please note that an additional 3% + VAT is charged by easyliveAuction.com for bidding via there auction platform, this will be added to the invoice. Alternatively, buyers have the option to pay a flat fee when completing registration on our live auctions via easyliveAuction.com. The price of this flat fee is set by easyliveAuction.com and covers their fee and not Nortrad Auctions Ltd and is on top of our fee, any delivery cost and any vat.
Payment of Lots/Invoice:
All items won must be paid for in full within 72 hours of the sale ending and receipt of invoice, this includes any postage/courier charge if this service is required and any taxes. Failure to make payment within this time frame will result in a late payment fee of £5 + vat per invoice per day.
Collections: Collections are Tuesday to Friday ONLY and by APOINTMENT ONLY between the hours of 10.30am to 3.30pm
Buyers are expected to contact us within 72 hours of the sale ending to arrange either collection or delivery of won lots.
Collection is strictly by appointment only, which should be within 1 week of the sale. Social distancing must be observed during collection and until notified, a mask must be worn whilst on our premises. Failure to collect within this time or to arrange an alternative arrangement with us, will result in a storage charge of £5 per item, per day for a maximum of 7 days, thereafter this fee goes up to £10 per item, per day to a maximum of an additional 7 days. After this 21 day period the lot/s is/are considered to be forfeited and will be re-sold in the next available sale, and the buyer may be banned from using our services at our sole discretion and any payment made to Nortrad Auctions is deemed as forfeited and non refundable and any goods will revert as being the property of Nortrad Auctions Ltd.
All items should be inspected upon collection. Once items leave our premises, they are considered to have been accepted by the buyer and no refund or return will be considered.
Buyers should ensure that they have suitable assistance / equipment to load items into their vehicles, as assistance is not always possible.
Selling Through Nortrad Auctions Ltd:
Nortrad Auctions currently accept select items from a large number of vendors and encourage you to contact us if you wish to enter items into our next auction.
Our current sellers commission is 15% + VAT of the hammer price, with a minimum Lot value of £6. Due to the sheer work involved in going through the items brought into us and sorting through everything to make up suitable Lots to offer, Nortrad Auctions due to staff costs will be implementing a Lotting Fee of £1.50 + vat per item/Lot and per auction the item/Lots are entered, from 1st February 2022.
Any House Clearance items where we have a strict Lotting Fee of £2.50 + vat per Item/Lot to each and every Item/Lot and for each and every time it is placed in any or all of our auctions.
In addition to usual item entries, we also offer bulk clearance services of both domestic and commercial properties or storage facilities. Please contact us to discuss your requirements further.
We reserve the right to refuse entry of any or all items without explanation.
Upon acceptance of auction entries, vendors are required to complete the appropriate paperwork, clearly listing all items that are to be entered and the required reserve price.
Payments for items sold will be made to the vendor no earlier than 30 working days after the auction sale the items were sold in via bank transfer, please note that payment is only made on items that are sold and we have collected or been paid for by the buyer. Some buyers have extended payment terms owing to their length of time they have been with us and their payment record.
All item entries are limited to a maximum of 3 auctions each. After each unsuccessful sale, we will contact you to discuss lowering the price, altering the lot entry or to arrange a time for you to collect unsold items. Following this, items may not be entered again for a minimum period of 6 months. If items are not collected after 7 days from the third entry will be deemed as donated to the Auction House and any future sale of these items will be donated to a charity of our choice.
Additional Information:
Nortrad Auctions Ltd reserve the right to revise these terms and conditions, as well as our buyers / sellers fees at any time. It is the responsibility of the client to check the terms and conditions prior to using our services.
Nortrad Auctions Ltd.
Unit 9, Lamberhurst Farm, Dargate, Faversham, Kent. ME13 9EP.
Company number: 11655879
VAT number: 371455494
Email:
[email protected]
Contact telephone: 01227 934567
