STOCK CLEARANCE AUCTION – IMPORTANT INFORMATION
AUCTION OPENING ON 17 MAY AT 14H00 & CLOSING FROM 10H00 ON 19 MAY
VIEWING DATE: 18 MAY 2021 FROM 9H00 TO 15H00
LOCATIONS: 58 MAPLE STREET, POMONA, KEMPTON PARK
PLEASE NOTE THAT BID PRICE WILL BE FOR THE LOT AND NOT PER PIECE. QUANTITIES ARE GIVEN IN GOOD FAITH AND CANNOT BE GUARANTEED.
VAT PAYABLE ON BIDDING AMOUNT
REFUNDABLE REGISTRATION DEPOSIT: R5 000 Deposit and FICA Documents.
COMMISSION: 10% PLUS VAT
PAYMENT: EFT ONLY (strictly no cheques or cash)
CONTACT: ELIZCE DAUBERMANN 012 940 8686 / auctions@cahi.co.za
BANKING DETAILS:
CAHI AUCTIONEERS
ABSA - BRANCH: 632 005 - ACCOUNT: 4053459094
FNB - BRANCH: 250655 - ACCOUNT: 62703122333
NEDBANK - BRANCH 198765 - ACCOUNT: 1101405015
REFERENCE: “FULL NAMES”
PAYMENT:
Invoicing will be done immediately after the auction and all payments must reflect in our account within 24 hours after issuing of the invoice. Failure to pay within this timeframe may result in forfeiture of the deposit and lots being put up for sale again. ALL costs associated with the removal of any items are for the bidder.
Cash Deposits into our bank account will attract an administration fee of 2%.
On clearance of payments in the auctioneer’s account, the buyer will receive a removal certificate to present to the site representative for loading.
DISPATCHING TIMES:
ALL lots must be removed no later than 28 MAY 2021 between 9h00 and 15h00 weekdays only.
NOTICE:
Every lot will be sold as is, with no guarantees or warrantees, express or implied.
All information regarding the lots in the buyer’s guide are statements of opinions only and shall never imply any guarantee as to the correctness or completeness of any information supplied either verbally or in writing about any lot, including quantities, descriptions etc.
Every person at the site before, during and after the auction sale shall be deemed to be there at his or her own risk with notice of the condition of the premises, the activities on the premises and the conduct of third parties and any registered bidder shall so advise his agents and employees.
No persons shall have any claim against the auctioneers, their agents, employees or principals for any injuries sustained, nor for damages to or loss of property which may occur from any cause whatsoever.
It is the buyer’s sole responsibility to view the assets before bidding and to familiarise him or herself with the assets being bought.
APPROVAL REQUIREMENTS
- Refundable Registration Deposit R5 000.00 (five thousand rand) by EFT
- FICA Documents
Proof of payment and FICA Documents to be sent to auctions@cahi.co.za for approval to bid online.
__________________________________________________________________
FICA REQUIREMENTS:
If purchasing in your personal capacity, a copy of ID and recent (not older than 3 months) proof of residence is required;
If purchasing in your company name a copy of the company CIPC documents or BRNC and proxy letter and ID copy.
If purchasing where the person is not a RSA citizen, a copy of your traffic registration certificate & proof of identity.
