When lots are exported outside the EEC (proof of export required or shipped by Prop Store or through Prop Store's authorised shipper), no VAT is due. For buyers within the EEC (private individuals or registered businesses), no VAT will be due on the hammer price 20% VAT will be due on the Buyer's premium. These lots are sold under the margin scheme. When lots are exported outside the EEC (proof of export required or shipped by Prop Store or through Prop Store's authorised shipper), no VAT will be due. For buyers within the EEC (private individuals or registered businesses), 5% VAT will be due on the hammer price 20% VAT will also be due on the Buyer's premium. These lots have been temporarily imported from outside the EEC for sale at auction in London. When lots are exported outside the EEC (proof of export required or shipped by Prop Store or through Prop Store's authorised shipper), no VAT will be due on the hammer price 20% VAT will be due on the Buyer's premium only unless items are exported to a registered business outside the EEC, in which case no VAT is due. If EEC based buyer is a business outside of the UK who has provided their VAT number, no VAT will be due. For buyers within the EEC, 20% VAT will be due on the hammer price 20% VAT will also be due on the Buyer's premium. These lots are sold under standard VAT rules. Payment can be made by Visa, Mastercard, American Express, cash (to a limit) and bank transfer.īuyer's Premium of 25% (plus VAT if applicable) will be added to all winning bids. Please be advised that they are suggested increments only, are not intended to be and shall not be binding, and the Auctioneer retains the sole and absolute discretion, at the time of the Auction, to change, modify, or vary the bid increments at any time.
The following are suggested bid increments for the Auction. Prop Store London Headquarters: Prop Store, Great House Farm, Chenies, Rickmansworth, WD3 6EP Bids can be placed via Prop Store's online auction platform, or telephone.
The auction is being held at Prop Store's headquarters in Hertfordshire on Thursday 5th November 2020 at 12pm GMT. If you have any questions on this lot please email us here.
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