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Urgent Transnet Scrap Sale – Online Auction

Online Auction of Approximately 6000 Tons of Scrap Steel.

Lot Closing: 25/03/2021 2:00 pm

Sale Method: Online Auction

Featuring

  • Wheelsets
  • Centres
  • Tyres

 

Please Note: All lots sold subject to confirmation.

Wheel Sets
Wheel Sets
Wheel Centres
Tyres

Note to purchasers

Auction Notes: Auction Notes: To be approved for bidding, we require: completed participation form, proof of payment of R50 000 registration fee, and FICA documents. The participation form document can be found on the lot, under “Documents” FICA documentation, registration fee proof of payment, completed and signed participation form to be emailed to africa.buy@allsurplus.com

VAT / TAX: 15% VAT applicable on commission and purchase price

Payment Type: EFT

Additional Notes

Legal Notice:

View Legal Notice

This auction is governed by the Consumer Protection Act – Act 68 of 2008 (South Africa), and further reference to the Act and the regulations can be downloaded here.
Consumer Protection Act 68 of 2008
Consumer Protection Act 68 of 2008 – Regulations

COV-19 SPECIAL CONDITIONS

1 The Buyer recognises that the world is currently amidst a pandemic, which may affect how business gets done and cause some difficulty in viewing and collection of assets amongst others.
2 Sellers may have to introduce and modify the rules of engagement relating to the sale and access of various sites. All buyers agree that they will adhere to the regulations and rules set by Government and the Sellers and furthermore agree that the Buyer cannot use this to withdraw from sales.
3 The Buyer recognises that there might be a delay in the collection of assets and/or access to site, which will impact loading time and collection efforts. Each bid that is made by the Buyer is made with this in mind.

The Bidders Attention Is Drawn To The Following:

Auction Notes

  • The assets will be sold “Voetstoots” or “as is where is”. It is the buyer’s responsibility to perform an inspection of the assets prior to the auction.
  • The auction is subject to a reserve price and will not be sold for less than such.
  • The Sale of the assets is non-suspensive and not subject to any feasibility or any other condition required by the buyer.
  • The auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of third parties.
  • The Auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of seller but, if on behalf of the seller, not at or in excess of the reserve price.

  • 7.5% Buyer’s Premium
Register & Bid on AllSurplus

Event Details

Bidding Opens: March 20, 2021 9:00 am

Bidding Closes: March 25, 2021 2:00 pm

Asset Location: Various Locations Throughout South Africa

Viewing Details: Strictly by appointment

Contact Details

Contact: Herman Liversage

Email: herman.liversage@liquidityservices.com

Mobile: 082 452 8811

Telephone: 0860 00 00 10