MOVABLE ASSETS AUCTION 14-15 MAY 2024

Presented by: Claremart Group

Contact No: +27 21 425 8822

Email: [email protected]

Location: Cape Town

Start: 2024-05-14 08:30

End: 2024-05-15 12:30

Tax Rate on Fees: 15,00%

Currency: ZAR

MOVABLE ASSETS AUCTION
NEWLY MANUFACTURED STAINLESS STEEL WINE TANKS

VENUE:    
ONLINE AUCTION: https://onlineauctions.claremart.com/

ONLINE AUCTION DATES:
Auction starts: Tuesday 14 May 2023 @ 10h30
Auction ends: Wednesday 15 May 2023 @ 14h30

VIEWING DATES:
Viewing: By appointment only
Viewing venue: 9 Kaplan Street, Paarl   - SATURN STAINLESS INDUSTRIES PREMISES
Please note: Online Registration closes on Wednesday 15 May 2023 at 10h00 strictly.  No registrations will be allowed after 10h00 on Wednesday 15 May 2023.

ENQUIRIES:
Shane Fourie: 083-332-0870 or 021-425-8822
Online auction link: https://onlineauctions.claremart.com/
E-mail: [email protected] or [email protected]

NEWLY MANUFACTURED STAINLESS STEEL WINE TANKS

2 X 6500 US GALLON TANKS
3 X 3500 US GALLON TANKS
3 X 2800 US GALLON TANKS
2 X 1900 US GALLON TANKS
112 X 24” WALKWAYS
25 X (24”x45°) STAIRCASE, ETC.                                                               

TO BE SOLD SUBJECT TO CONFIRMATION

FICA & DEPOSIT REQUIREMENTS FOR ONLINE REGISTRATION:
The following documents are required in terms of the Consumer Protection Act, 2008 (Act no. 68 of 2008), Regulation 26 Bidder’s record, 26(2). Read with Financial Intelligence Centre Act, 2001.
Please note:
Registration will only be allowed if all below mentioned documentation has been obtained by Claremart Auctioneers (Pty) Ltd, together with the proof of payment of the R5 000 refundable deposit (payable by EFT only).

EFT payments to be paid into the following account:

ABSA Bank
Account name:  Claremart Auctioneers (Pty) Ltd
Account nr:  406 276 0313
Branch code:  632 005        
Proof of payment to be e-mailed to [email protected]
*** Proofs of personal or business addresses may not be older than 3 months.

PRIVATE INDIVIDUALS:
Identification Document (green bar-coded ID book OR Smart Card ID) for RSA citizens.
Proof of residential address.

COMPANIES & CLOSE CORPORATIONS:
Proof of business address.
Proof of residential address of all directors / members.
Resolution letter confirming the registered representative/s can purchase on behalf of the company.
SARS letter with VAT number (Notice of registration).
All directors / members ID Book OR Smart Card ID OR Passport.
Proxy letter and the Representative’s ID Book OR Smart Card ID OR Passport.
Business certificate of Incorporation (CM / CK documents).
CIPRO print out (to confirm the identity of all members or directors) NOT OLDER THAN 1 (ONE) YEAR (Please note: self-printed copies from Windeed, Searchworks etc. may not be used).
Letter from the entity’s accountant / auditor / company secretary / director / other authorized person confirming the names of those holding 25% voting rights at general meetings. FICA documents as above are required for these entities or individuals.

SOLE PROPRIETORS:
Identification Document (green bar-coded ID book OR Smart Card ID) for RSA citizens.
Proof of residential address.
Proof of residential address of proprietor.
Letter from external accountant / auditor confirming the existence of the business as a sole proprietor.
If VAT registered, SARS letter with VAT number / registration certificate.

TRUSTS:
ID Document (green bar-coded ID Book OR Smart Card ID) for RSA citizens OR Passport of all Trustees.
Trust Deed.
Letter of authority issued by the master of the high court.
Authorization letter to purchase on behalf of the trust.
Tax clearance certificate (If VAT registered).
Proof of residential address of all Trustees as well as business address for the Trust.

ADDITIONAL NOTES REGARDING FICA & PAYMENT REQUIREMENTS:
•    A lease agreement may be submitted for those renting from agencies.
•    Only original documents may be submitted in respect of ID Books, Smart Card IDs, Passports, Valid VISA’s or Traffic Register Certificates.
•    Unfortunately, drivers’ licenses may NOT be used as a proof of identification.
•    All FICA documents and proof of payment must be provided before any assets will be released.
•    Kindly note that assets will only be released once the total amount due on the invoice reflects in our bank account.  Therefore, invoices will only be stamped with the Claremart paid stamp once the money reflects in our account.  Please note that no cash will be accepted on the premises, and bank charges must be paid for cash deposits made directly into our account.
•    Purchased assets must please be removed within 14 days (by 14h30 on Friday 31 May 2023) after the auction.  Please note that daily penalties will be levied to bidders not collecting their assets within the 14-day collection period.
•    No buyer changes will be allowed. A person who attends an auction on behalf of another person must produce a letter of authority and register in the name of the person.

PAYMENT & COLLECTION TERMS:
•    Full payment required immediately after the auction by means of EFT only. Bank charges must be paid for cash deposits made directly into our account.
•    Finance must be arranged prior to the auction.
•    Proof of payment to be e-mailed to [email protected]
•    Terms of Purchase: Bid price only + 10% Auctioneer’s commission (plus 15% VAT on Auctioneer’s commission)
•    No assets will be dispatched during the auction.
•    All purchases are to be removed at the buyer’s risk.
•    Each lot is sold as is and neither the owner nor the seller has the duty to repair.
•    The purchaser has the duty to repair.
•    Kindly note that once you bid on an asset you are responsible for payment of the asset should you be the highest bidder.
•    No cancellations will be allowed.
•    Deposits will be forfeited for assets not paid for.
•    Please note that the Lots are Subject To Confirmation & the Auctioneer’s role is final and binding.