Collection & Delivery Service

The cost of our haulage service is £35 per hour plus VAT for general house clearance, and £30 per hour for single item collection (or any delivery back). There is a minimum, per collection, fee of £35. All charges are deducted from Sale proceeds (if sale proceeds do not cover these charges settlement must be made immediately on receipt of the self-billing invoice). Removal and Disposal of rubbish and un-saleable items is also a chargeable expense. (Haulage charges include traveling to and from the saleroom, loading and unloading).

Storage

Items stored on our premises pending inclusion in a suitable Sale are stored without charge. We reserve the right to dispose of any items, which, in our opinion, are of no saleable value, and a charge will be made for this service. Unsold Lots must be collected within five days of the Sale or a charge of £10 plus VAT per lot, per week, plus 1% of the value for insurance will be charged.

Electrical Goods

All electrical items must undergo a safety compliance test on our premises. A charge of £6 plus VAT will be made for each item tested. Items failing an electrical safety test will be disposed of without referring back to the Vendor and a charge will be made for this service. Any electrical goods requiring a qualified electrician on-site to remove an item will be charged separately.

Sellers / Vendor's Commission

15% (exclusive of VAT, 17.625% inclusive) on the hammer price for all Auctions.

Buyers Premium

15% (exclusive of VAT, 17.625% inclusive) on the hammer price in all Auctions

Lotting Charge

There is a £2 Lotting charge per Lot, per Auction, (plus VAT) on all items whether sold or unsold.

Withdrawn Lots

Vendors withdrawing items/Lots prior to Sale will be charged 10% (plus VAT) of ELR Auctions Ltd. estimated value or of the reserve price (minimum charge £10 plus VAT). Vendors are asked to notify the auctioneers in writing of any items that have a particular value or association to them in a financial or sentimental way so that protective reserves can be agreed prior to Sale.

Reserves

All Lots are offered without reserve unless Vendors advise the auctioneers, in writing, of any reserve prices they wish to place on their goods prior to Sale. On request we will advise suitable reserves. Reserves of less than £30 will not be accepted. Reserves not agreed with the auctioneers will attract a charge of 10% (plus VAT) of that reserve price if remaining unsold.

All reserve prices are subject to a 10% Auctioneers Discretion.

Unsold Lots

Vendors must notify the auctioneers if any unsold Lots are not to be automatically re-entered in a future Sale with suitably reduced reserves (normally half the previously offered reserve prices). Unreserved Lots failing to attract an opening bid of £5 will be treated as unsold and will be disposed of, and a charge will be made for this service. Where possible we can arrange for the return of goods at our haulage charges quoted above.

Photographs

Items for the Antique & Fine Art Sales may be illustrated in our catalogue and are charged up to £20 (plus VAT) for each black and white illustration and up to £35 (plus VAT) for colour. Photography is at the discretion of the auctioneers. Any illustrated Lots withdrawn prior to Sale will be charged up to £35 (plus VAT) per photograph. Vendors not wishing to have Lots photographed must bring this to the attention of the auctioneers.

Damage & Loss Warranty

All goods are covered by the auctioneers whilst being packed and transported by our staff or contractors to our premises and during storage. A charge of 1% (plus VAT) of the hammer price of each lot will be made to Vendors. If instructed not to cover Vendor's goods then ELR Auctions Ltd, its staff or contractors, will not be held responsible for any loss, theft or any form of damage to any items whatsoever.

Default

As Agents ELR Auctions Ltd. are not responsible for default by the buyer. ELR Auctions Ltd. will not pay out the Vendor until payment in full is received (and cleared) from the buyer. Any Lots/Items not paid for by the buyer will be ultimately treated as unsold, and, after notifying Vendors, will be re-offered for Sale in an appropriate auction. Any instructions given by a vendor by telephone is done so at their own risk and must be confirmed in writing.

Settlement of Accounts

Wherever possible Accounts to Vendors will be settled within four working weeks of the Auction(s) by cheque only, by post. It is the responsibility of Vendors to ensure that all paperwork is correctly named and addressed. If settlement is made to incorrect names or addresses the auctioneers reserve the right to make a charge for alterations after cheques have been generated.

Value Added Tax

Value added tax at the current rate is applied to all commissions, charges and premiums. Vendors registered for V.A.T. must inform the auctioneers of their registration numbers - and in such cases their goods will be sold exclusive of VAT but that amount to be then added to the hammer price.

ELR Auctions Ltd. reserves the right to amend these Terms and Conditions of Sale of Chattels, without prior notice, at any time.

The Sheffield Saleroom, The Nichols Building, Shalesmoor, Sheffield, S3 8UJ Tel 0114 281 6161 www.elrauctions.com