Pidcocks stock auction.

However in this case the seller is the receiver, and they are trying to recover as much to settle the outstanding debts
What’s that got to do with it ?

Doesn’t matter who the seller is, auctioneers fees and charges are laid out before committing to handling the disposal and John Pye are experts in distress sales

Buyers will still have to pay auctioneers - John Pye’s standard fees, as disclosed & the Receivers will have to pay the seller’s fees


Seller’s fees will be a minimum of 10% plus Vat I guess

Auctioneers aren’t charities 🙃😉nor are receivers - their fees are covered at the outset
 
John Pye used to be good. We have virtually furnished the house through them - £800 fridge for £150 including the fees. There was a slight dent on the back corner, so it was rejected and was a returned item from John Lewis. Nothing wrong with the workings and the slight dent is completely hidden when it is in situ. But now market traders and small shop outlets have discovered them and come and stock up with long wheelbase vans, there was a country store went bust locally, we went to the viewings to see what might be worth getting. There were some air rifles and associated accessories, targets that kind of thing. I watched every one of the lots just out of interest, every single item sold for more than the RRP, by the time the fees and VAT were addded, auction fever set in I think. I said to Anna at the time, if those buyers had bought the stuff from the shop, it wouldn't have gone bust in the first place! Vultures.
 
It caught my eye also Wessie, and I was thinking along very similar lines about why it was there rather than already being resold elsewhere at top dollar ?

Especially as cmc bought some of their stock, I would have thought they would have had this, unless it’s listed as a cat or the motors had it.
 


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