“Premises” means the premises in which the auction is taking place, and, where relevant, the location where the individual Vehicles and/or lots under the control of The Antique Village Ltd t/a Auction Antiques are stored.ģ.9. “Deposit” means the deposit paid by the potential buyer upon Registration of as notified by the Auctioneers in the Important Sale Information.ģ.8. “Important Sale Information” means the notes associated with each auction including but not limited to the Health & Safety notes, viewing times, payment details, collection times, the amount of the Online Premium, Buyer’s Premium, VAT chargeable, and any other relevant terms relating to that particular auction and/or sale, and which in all cases are governed by these Terms.ģ.7.

“Internet Premium” refers to the premium (plus VAT) which is levied on the Hammer Price of all lots where bidding is via the Internet.ģ.6. “Buyer’s Premium” refers to the premium (plus VAT) which is levied on the Hammer Price of all lots.ģ.5. “Hammer Price” shall mean the highest bid accepted by the Auctioneers excluding any VAT that may be included thereon.ģ.4. “The Buyer” shall mean the maker of the highest bid accepted by the Auctioneers whether on the fall of the hammer (when the Hammer Price is achieved) or by private treaty sale.ģ.3. The words “Lot” and “Goods” refer to items sold at auction sales conducted by the Auctioneers.ģ.2. The following conditions are binding on all Vendors, Bidders and Buyers:ģ.1. The terms shall regulate the sale of each lot to any vendor, bidder and buyer who has been approved by the Auctioneers and shall be considered to have accepted these terms and wishes to be bound by them.ģ. The following Conditions of Sale must be strictly adhered to along with the Important Sale Information which is displayed to bidders on all auction catalogues and in the auction office. (referred to in the Conditions as “the Auctioneers”).Ģ. These General Conditions of Sale are issued by Auction Antiques Ltd.

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