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Va Beach Restaurant Consignment Auction - November 17th, 2020 10:30am

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TERMS 300t.jpg IMPORTANT: Terms vary for each auction. PLEASE READ ALL, PRIOR to bidding!

All items have been relocated to Auction757 Warehouse @ 1140 Wilson Rd., Norfolk, VA

AUCTION END DATE: Tuesday, November 17th, 2020 @ 10:30AM with lot #1.

AUCTION INSPECTION: Monday, November 16th, 2020 from 9AM - 3PM

Pick up for ALL items will be BY APPOINTMENT ONLY, Wednesday, November 18th, 2020 from 9AM - 4PM.
ALL items not picked up by 4PM November 18th, 2020 will be considered abandoned. No exceptions will be made! Buyer is responsible for any equipment and/or labor to remove all items.

INSPECTION & PREVIEW: We want you to get the best deal possible, so we encourage you to inspect all items before placing any bids. Due to the number of items we sell, we do NOT have time to test everything. All due diligence is the responsibility of the bidder. If you have any questions pertaining to a specific lot, please call 757-512-8833 BEFORE placing a bid!

WARRANTY, CONDITIONS & DESCRIPTIONS: All items are sold as-is, where-is, with NO warranties expressed or implied. Please read the description & examine the photos when bidding. If there is any doubt when viewing an item, go by the description as photographs can sometimes be misleading or otherwise inaccurate. Most importantly, we heavily encourage you to preview the items IN PERSON during specified hours, the day before the auction. Neither the auctioneer, nor the seller, makes any warranties or representations of any kind or nature with respect to said property. All sales are final!

PAYMENT: The credit card in your profile will be charged immediately following the end of the auction, UNLESS you notify the Auctioneer, prior to the end of the auction, that you wish to pay with cash or check. Please notify us via email or call, at least 1 hour before auction bidding ends, if you want to pay with cash or check. We charge a buyers premium of 15% on all purchases paid by credit card or check. If you bid $100, your total will be $115.00 after premium plus any applicable sales tax. Buyers premium will be discounted from 15% down to 12% for payment by cash. Any winning bidder not picking up and/or paying agrees that the credit card on file will be charged the full amount of purchase including 15% buyers premium & tax.

AUTO-EXTEND BIDDING: Our auctions feature a Simulated Live Auction Experience with staggered closings, auto-extend bidding and bid notifications. This allows items to close at a pre-determined rate of 2 items per minute. When combined with auto-extend bidding, the closing time of individual lots will be extended if a bid is placed in the last 2 minutes of that specific auction item closing. This allows you a chance to place a final bid on an item you may have otherwise missed, and closely simulates the "live auction experience".

SALES TAX: All lots are sold subject to Virginia Sales Tax unless bidder has filled out a VIRGINIA SALES TAX EXEMPTION CERTIFICATE and has such certificate on file with Auctioneer prior to the end of auction.

PICKUP / REMOVAL: All items must be removed on specified removal dates. If someone else is picking your items up for you, he/she must have the invoice with them in order to remove the items. Bidders are responsible for all costs involved with removal of their purchases & any and all damages incurred during removal of purchases. We do NOT dismantle, disconnect or provide any tools / labor associated with item removal. If there are any questions as to what tools or labor are necessary for a particular item, please contact us before bidding.

ABANDONED ITEMS: Any items not picked up on the specified removal day or scheduled to ship, may be discarded, removed, resold or stored at the seller's discretion. When you place a bid and/or are notified of winning an item, the item contractually becomes yours. Any and all fees associated with moving, removing, discarding or collecting payment, whether physical or legal, are the responsibility of the winning bidder.

RETURNED CHECKS: For ANY check returned, for ANY reason, the buyer agrees to pay a $35 returned check fee. Buyer also agrees to pay any expenses incurred by auctioneer, including legal and attorney fees, to collect monies due.

COVID-19: We do NOT expect any delays throughout the auction schedule. However, due to COVID-19, dates may be subject to change. We hope this is NOT the case but will always make sure to keep you updated in the event something does change. Until then, be safe & support local business!


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