New to Auctions?

Welcome to John Pye & Sons

Details below on common auction types

Live Auctions:- Live Auctions are held every Monday 10am with sameday viewing from 8am to 10am. All bidding is live/in-person with those people attending first registering at our pay offices and leaving a £100 refundable Cash Only deposit. This will secure all bids made throughout the day and can be refunded at any time if no bids made of outstanding invoice settled.

 

Online Auctions:- Online Auctions are held every week alternating between saleroom 3 (being mainly repossessed bankruptcy & Liquidation assets plus vehicles) and Saleroom 4 (consisting of ex-display, end of line & retail returns).
These on-line auctions require on-line registration with staggered end-times
running over several minutes or hours.

On-Site Auctions:- On-site auctions are held at the premises of the previous company eg. factories, warehouses and business units. Bidding usually takes place online. Full details will be given of locations along with strict viewing times.

Closed Tender Auctions:- ie. Sealed Bids. Lots are presented in the same fashion as other Auctions but the bidding process will instead require bidders to enter their bid amount (usually on-line) with the highest bid (above any possible reserves/unpaid finance etc) being the winning bid.

Viewing / Testing

Q) Are there additional charges?

A) All lots are subect to the additon of V.A.T (unless otherwise stated) plus
an additional Buyers Premium (15% to 20%) incurred on the invoice total.

Q) Where do goods come from?

A) Assets originate from many sources including retail returns, bankrupt stocks, and repossesed assets. Clients from
high street retailers, banks & finance companies to insolvency practitioners

 

 

Q) How do I know if a particular lot is any good or is working?

A) All goods are Sold as Seen, with no gaurantees or warranties and include used items and retail returns - With this in mind physical viewing of all lots is strongly recommend with public viewing available for all our auctions.

Q) How can I test them?

A) Vehicles can be started and there are electrical points throughout ours salerooms to test electrical products.
Staff also plug in many devices from plasma TVs to computers - If your are unable to test or view items to your own satisfaction then please do not bid.

Live Auctions

John Pye & Sons welcomes all new customers including trade and public

Q) How do I bid at a live auction?

A) To obtain a bidding number and secure any bids made during one of our live public auction will initialy require a fully refundable £100 cash only deposit along with the completion of a simple registration form.

 

Q) I've never been to a auction before, will I buy anything by accident?

A) That's a common fear but a misplaced one. It's only really in TV comedies where people scratch their nose and it's taken as a bid but as all goods are Sold as Seen careful prior viewing is strongly recommended

Q) What if I don't buy anything, do I get my £100 cash deposit back?

A) Yes. Just hand in your bidding card at any time during the sale and we'll refund you your cash. There is no minimum purchase required.

Absentee Bids

Q) What are commission bids?

A) Commission bids is the term used for absentee bids. If your are physically unable to attend a live auction (ie. our twice weekly sales) A commission bid will be considered by the auctioneers as the maximum hammer price.

 

Q) How do I leave commission bids?

A) If you are physically attending our salerooms during viewing times (typicaly 8am to 10am) but unable to stay throughout the bidding, then you can complete commission forms in person at our pay office.

Q) Can I leave bids without attending?

A) On-line commission bidding is only enabled for full members who when attending our premises sign up for bidding in the usual manner but leave a £100 cash only deposit to secure any future absentee/commission bids made on-line against future live sales.

FAQ: Answer 5...

Welcome to John Pye & Sons..

New to Auctions? Here's a few common questions answered.. Types of Auctions

Live Auctions:- Live Auctions are held every Wednesday & Thursday 11am, starting from lot 1 until every lot is sold.

Online Auctions:- Online Auctions Are held every week alternating from two salerooms (Saleroom 3 & 4) Saleroom 3 Auction is made up with repossessed assets and Company Liquidations whereas Saleroom 4 consists of Ex-Display, Sealed, End of Line & Returned Stock.

 

 

On-Site Auctions:- On-site auctions are held on the premises of the previous company. Bidding will take online, no registration is required to bid.
full details will be given on Strict viewing times and details of the address. (No fee required to bid)

Closed Tender Auctions:- Closed tender Auctions are where the the lots are presented in the same fashion as the Online Auction, you will be handed a document with lot details on etc.
then you will need to put the maxium amount you are willing to pay for the item then place it in the the envelope provided.

FAQ: Answer 6...

All lots are subect to Buyers Premium (15%) and VAT on the Whole amount (17.5%) (Saleroom 4 sales Buyers Premium 20%)

Q) Where do all the goods come from and why are they at auction?

A) For the last 40 years John Pye & Sons have served banks, finance companies, companies and insolvency practitioners by selling surplus goods at auction. ) How do I know if a particular lot is any good or is working?

 

Q) How do I know if a particular lot is any good or is working?

A) All goods are sold as seen, which is why John Pye & Sons holds viewing for 2.5 hours (between 8.30am and 10.50am).

Q) How can I test them?

A) Vehicles can be started and there are electrical sockets throughout the saleroom to test electrical products.
Staff also plug in plasma, LCD and widescreen TVs to show they work.

FAQ: Answer 7...

John Pye & Sons welcomes all new Customers Whether trade or Personal

Q) What do I have to do then to bid at a live auction?

A) Well, all you need is a £100 full refundable cash deposit. You then fill in a registration form with your name and contact
details and sign the terms and conditions of sale.

 

Q) I've never been to an auction before, I'm worried I'll buy something by accident.

A) That's a common fear but a misplaced one. It's only really in TV comedies where people scratch their nose and it's taken as a bid.

Q) What if I don't buy anything? Do I get my £100 cash deposit back.

A) Yes. Just hand in your bidding card at any time during the day and we'll refund you your cash.

 

FAQ: Answer 8...

Welcome to John Pye & Sons..

New to Auctions? Here's a few common questions answered.. Types of Auctions

Live Auctions:- Live Auctions are held every Wednesday & Thursday 11am Start from Lot 1 until Every Lot is sold.

Online Auctions:- Online Auctions Are held every week alternating from two salerooms (Saleroom 3 & 4) Saleroom 3 Auction is made up with repossessed assets and Company Liquidations whereas Saleroom 4 consists of Ex-Display, Sealed, End of Line & Returned Stock.

 

 

On-Site Auctions:- On-site auctions are held on the premises of the previous company. Bidding will take online, no registration is required to bid.
full details will be given on Strict viewing times and details of the address. (No fee required to bid)

Closed Tender Auctions:- Closed tender Auctions are where the the lots are presented in the same fashion as the Online Auction, you will be handed a document with lot details on etc.
then you will need to put the maxium amount you are willing to pay for the item then place it in the the envelope provided.

FAQ: Answer 9...

All lots are subect to Buyers Premium (15%) and VAT on the Whole amount (17.5%) (Saleroom 4 sales Buyers Premium 20%)

Q) Where do all the goods come from and why are they at auction?

A) For the last 40 years John Pye & Sons have served banks, finance companies, companies and insolvency practitioners by selling surplus goods at auction. ) How do I know if a particular lot is any good or is working?

 

Q) I've never been to an auction before, I'm worried I'll buy something by accident.

A) That's a common fear but a misplaced one. It's only really in TV comedies where people scratch their nose and it's taken as a bid.

Q) What if I don't buy anything? Do I get my £100 cash deposit back.

A) Yes. Just hand in your bidding card at any time during the day and we'll refund you your cash.

FAQ: Answer 10...

John Pye & Sons welcomes all new Customers Whether trade or Personal

Q) What do I have to do then to bid at a live auction?

A) Well, all you need is a £100 full refundable cash deposit. You then fill in a registration form with your name and contact
details and sign the terms and conditions of sale.

 

Q) I've never been to an auction before, I'm worried I'll buy something by accident.

A) That's a common fear but a misplaced one. It's only really in TV comedies where people scratch their nose and it's taken as a bid.

Q) What if I don't buy anything? Do I get my £100 cash deposit back.

A) Yes. Just hand in your bidding card at any time during the day and we'll refund you your cash.