Movable Asset on Auction in Montague Gardens

Description

VIBRATORY POLISHING COMPANY – BUSINESS SALE ONLINE MOVABLES AUCTION DETAILS: Auction Date & Time: • Bidding starts: Tuesday 22 September 2026 @ 09:30 • Bidding ends: Wednesday 23 September 2026 @ 14:30 View Before Bidding: • Viewing: Tuesday 22 September 2026 @ 09:00 – 15:00 • Address To View: Unit 14, 28 Stella Road, Venture Park, Montague Gardens MOVABLES INCLUDE: COMPANY NAME WITH ACCOUNTS, CONTRACTS, DATABASE (GOING CONCERN) – www.polishingsa.co.za Various: • 6 X Edge Radiusing Machine • 300 Litre Bowl with Wash Bin • 80 Litre Trough with Wash Bin • 500 Litre Trough with Wash Bin • 3 x 60 Litre Bowls with Wash Bins Various: • 3 x Vibratory Tumbler Polishing Machines • BV2 Bowl with Wash Bin • 2x BV4 Bowl with 25 Litre Dosage Container • Spares & Accessories: • 1.5 Ton Mobile Gantry & Chain Block • 150Kg Platform Scale • Component Dryer • Office Furniture & Equipment • Digital Infrastructure NDA TO BE SIGNED FOR DETAILED COMPANY INFORMATION AND ONSITE VIEWING. GUIDELINES FOR THE AUCTION • Registration Fee: R5,000 Refundable. (EFT payments only – Cash & Cards are not accepted. FICA documents required. • Buyers Commission: 10% (Excl VAT) • Other Fee’s: Cash deposit fee: 4% • Registration Cut Off Time: TUESDAY 22 SEPTEMBER 2026 @ 17:00. Register early. • Payments: Due on invoicing immediately after auction • Dispatch: By appointment with paid invoice (payment to reflect in auctioneer’s bank account) & goods release note. • Registration Assistance: Shanita & Kayla 021 425 8822 • Onsite Assistance: Shane – 083 332 0870 ADDITIONAL NOTES: • Kindly note that once you bid on an item you are responsible for payment of the item should you be the highest bidder. • No cancellations will be allowed. Deposits will be forfeited for items not paid for. • The Auctioneers role is final and binding. • The Auctioneer may accept or reject any bids. • Inspect items before bidding. • No onsite bidding. • Current owner will assist with handover. FICA REQUIREMENTS NO NOMINATIONS WILL BE ACCEPTED!! i.e. You Bidders registration/card will reflect the name in which the invoice will be issued. All relevant documentation will be required for registering on behalf of a person/entity as follows: PERSON: • Copy of your ID • Proof of residence - not older than 3 months COMPANY: • Company Registration documents • Resolution signed by all Shareholders authorising Bidder • Copy of all Shareholders/Directors ID • Proof of Company Address - not older than 3 months • Company Tax Clearance Certificate TRUST: • Trust Registration documents • Resolutions signed by all Trustees authorising Bidder • Copy of all Trustee's ID's • Proof of Trust Address - not older than 3 months • Trust Tax Clearance Certificate All relevant documentation will be required for registering on behalf of a Non-Profit Organisation as follows: • Valid certificate of registration as a non-profit organisation/welfare organisation (NPO Certificate) • Section 21 company registration documents • Resolution signed by all directors/office bearers authorising Bidder • Copy of director's/office bearers’ ID's • Proof of organisation's address - not older than 3 months • Organisation's Tax Clearance Certificate/Public Benefit Organisation Certificate (PBO Certificate)