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SPECIAL CONDITIONS OF SALE<br />

Seller:<br />

On <strong>the</strong> instructions <strong>of</strong> M Firmin and H Smith <strong>of</strong> KPMG <strong>the</strong> Joint Administra<strong>to</strong>rs <strong>of</strong> Holiways Garage Limited.<br />

Location:<br />

Horndale Avenue, Aycliffe Business Park, New<strong>to</strong>n Aycliffe, DL5 6DR & West Auckland Road, Bishop Auckland, DL14<br />

9TW<br />

Directions:<br />

To Horndale Avenue, New<strong>to</strong>n Aycliffe:<br />

From Junction 59 <strong>of</strong> <strong>the</strong> A1 Take <strong>the</strong> A167 Signposted New<strong>to</strong>n Aycliffe. At <strong>the</strong> Roundabout take <strong>the</strong> second exit<br />

signposted A167 and follow <strong>to</strong> traffic lights. Turn left at <strong>the</strong> lights on<strong>to</strong> <strong>the</strong> B6443, <strong>the</strong>n turn left after <strong>the</strong> Petrol Station,<br />

on<strong>to</strong> Horndale Avenue, <strong>the</strong> site is located on <strong>the</strong> right.<br />

From New<strong>to</strong>n Aycliffe <strong>to</strong> Bishop Auckland:<br />

Turn right out <strong>of</strong> <strong>the</strong> site on Horndale Avenue and follow <strong>the</strong> mini roundabout, take <strong>the</strong> first exit on<strong>to</strong> School Aycliffe Lane.<br />

Follow <strong>to</strong> <strong>the</strong> main roundabout and take <strong>the</strong> 4 th exit on<strong>to</strong> <strong>the</strong> A6072, follow this through 3 roundabouts and <strong>the</strong> site is on<br />

<strong>the</strong> left.<br />

Viewing:<br />

From 9am <strong>to</strong> 4pm Wednesday 26 September 2012, or by appointment with <strong>the</strong> Agents.<br />

Access <strong>to</strong> <strong>the</strong> Location is allowed on <strong>the</strong> understanding that all persons attend <strong>the</strong> Location entirely at <strong>the</strong>ir own risk and<br />

are responsible for and will indemnify <strong>the</strong> Seller and <strong>the</strong> Company against any losses damage or claims occasioned by<br />

<strong>the</strong>ir presence at <strong>the</strong> Location.<br />

Children under <strong>the</strong> age <strong>of</strong> 16 will not be allowed access <strong>to</strong> <strong>the</strong> Location.<br />

Registration:<br />

All bidders must register <strong>the</strong>ir details with <strong>the</strong> Company and provide identification w<strong>here</strong> required. In <strong>the</strong> case <strong>of</strong> Live<br />

<strong>Auction</strong>s by way <strong>of</strong> <strong>the</strong> registration form provided at <strong>the</strong> Live <strong>Auction</strong> or in <strong>the</strong> Catalogue and in <strong>the</strong> case <strong>of</strong> <strong>Online</strong><br />

<strong>Auction</strong>s, online at <strong>the</strong> Website (www.bidspotter.co.uk).<br />

Bidding:<br />

The General Conditions and <strong>the</strong> Special Conditions apply <strong>to</strong> all Sales by way <strong>of</strong> <strong>Auction</strong>, private treaty and tender and in<br />

<strong>the</strong> case <strong>of</strong> any Bids placed by way <strong>of</strong> an <strong>Online</strong> <strong>Auction</strong> stress that all Bidders must read and understand Bidspotter’s<br />

terms and conditions <strong>of</strong> registration at www.bidspotter.co.uk.<br />

At <strong>the</strong> close <strong>of</strong> <strong>the</strong> timed <strong>Online</strong> <strong>Auction</strong> Sale final Bid figures will be submitted <strong>to</strong> <strong>the</strong> Seller for its approval and any Bid<br />

shall be subject <strong>to</strong> approval and acceptance by <strong>the</strong> Company and/or <strong>the</strong> Seller. No Bid may be withdrawn and <strong>the</strong><br />

Company/Seller does not bind himself <strong>to</strong> accept <strong>the</strong> highest Bid or any o<strong>the</strong>r Bid placed in <strong>the</strong> course <strong>of</strong> <strong>the</strong> <strong>Online</strong><br />

<strong>Auction</strong> Sale.<br />

Buyer's Premium:<br />

Buyers will pay a Buyer's premium <strong>of</strong> 15% (plus VAT) <strong>of</strong> <strong>the</strong> purchase price for each Lot purchased whe<strong>the</strong>r by <strong>Auction</strong><br />

or, private treaty or tender. The Buyer's Premium is payable by <strong>the</strong> Buyer <strong>to</strong> <strong>the</strong> Company in accordance with <strong>the</strong><br />

General Conditions and, for <strong>the</strong> avoidance <strong>of</strong> doubt is payable in addition <strong>to</strong> <strong>the</strong> purchase price for <strong>the</strong> Lot. The Buyer's<br />

Premium is not negotiable and is payable by all Buyers.<br />

Deposit:<br />

Buyers shall pay a deposit <strong>of</strong> 25% (plus VAT) <strong>of</strong> <strong>the</strong> purchase price for each Lot purchased as requested by <strong>the</strong><br />

Company pursuant <strong>to</strong> <strong>the</strong> General Conditions and <strong>the</strong>se Special Conditions.<br />

Payment:<br />

All Lots shall be paid for in full within 48 hours (two working days) <strong>of</strong> <strong>the</strong> invoice date and shall be at <strong>the</strong> Buyer's risk<br />

immediately upon <strong>the</strong> conclusion <strong>of</strong> <strong>the</strong> sale.

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