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In this issue:

Great Prices On Great Exuma-Plots From Only £14,500
First Class Spanish Golf Resort-Deposits From Only 10%
Only 10% Upfront Deposit On Waterside Properties In Tampa Bay
Drawdown Cheque Book Mortgage-A Simple And Effective Finance Tool
Bulgarian Property-The Overseas Buyers' Kit-Only £7.95
Around the sales
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Hi, PLEASE NOTE THAT THIS INFORMATION APPEARS IN THE NEWS SECTION AT THE MEMBERS' AREA AT GOVERNMENT AUCTIONS AS SOON AS WE RECEIVE IT. FULL DETAILS ABOUT EACH AUCTIONEEER CAN BE FOUND AT THE SITE.

The GAUK Newsletter is our regular FREE auction news bulletin designed to keep you updated with news, latest sales, auction results and general pieces of interesting auction information that have occurred throughout the week.

It is also published as an RSS feed, the very latest in technology which you need to take advantage of, allowing you to recieve news from all your favourite news sourches when you want it.

This is a supplement to information contained in the main GAUK Database and is an additional service. Please Read On...


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Public Sales

PLEASE NOTE: There are hundreds more auctions across the UK at Government Auctions UK

Also, more information and full contact details for all the following sales are available in the database - just type in the name of the auctioneer of your choice into the search facility. If you are a member of GAUK please note that the following information is available in the news section as soon as we get it

Pugh & Company
Latest News
Dear Subscriber,

I would like to inform you that our latest Auction Catalogue is now available online. Please view the catalogue at www.pugh-company.co.uk , clicking on the AUCTIONS menu and then on Current Auction. The Auction will be held at Terminal 2 Manchester International Airport and includes 114 lots.

We are acting on behalf of clients such as Land Securities Trillium, BRB Residuary Ltd, Network Rail, Greater Manchester Police Authority, Lancashire County Council, Rochdale Metropolitan Borough Council, Wigan Council, British Waterways, United Utilities, JW Lees, Chelford Homes, Watkin Jones Homes and Bovis Homes.

The online brochure is complete with individual pages for each lot, the Guide Price List and a regularly updated copy of The Addendum. In order to access each individual lot page, simply click on the Lot Number. The website is also updated instantaneously by the team in our office.

Thank you for your interest and please e-mail auctions@pugh-company.co.uk with any comments.

STEVE SWAINSON BSc (Hons) MRICS
Director of PUGH & COMPANY

Apex Auctions Ltd
17 Nov 2005 10:30
Cheshire

Reason for Sale: RE: Wilhall Engineering Co Ltd (due to cessation of business)
Viewing: Tuesday 15 & Wednesday 16 November 9.30am to 4pm and morning of sale.
Catalogue Info: can be downloaded from website or call 01273-224466

Content: ENGINEERING MACHINERY

Sodick Model A320S Wire Erosion Machine
XYZ DPM CNC Milling machine with Protrak A.G.E. 3 Control
Colchester Mastiff 1400 Gap Bed Centre Lathe
2 x Colchester Mascot 1600 Gap Bed Lathes
2 x Colchester Triumph 2000 Gap Lathes
Myford MG12 Hydraulic Cylindrical Grinding m/c
Harrison M400 Gap Bed Centre Lathe
Swift Facing & Boring Lathe Type 12SV5
Chevalier FSG 1224AD Surface Grinding m/c
Churchill RBY Ring Grinding m/c
Snow Danobat 1200RP Univ. Cylindrical Grinding m/c
Jakobsen XJ30 Surface Grinding m/c
Giewont FWA11M Univ Milling m/c
KRV 3000V Turret Milling m/c
Giewont FYA42 Vertical Mill m/c
Bridgeport 1S Universal Mill m/c
Addock & Shipley 2S Mill m/c
Giewont No.0 Univ. Mill m/c
Bridgeport Series 1 CNC Mill
Stanko 2D-450 Vertical Spindle Jig Borer
Sima Rossi VOA Omega 2 & VOA55 Vert Spindle Jig Borer
Kasta Model PS 350 Hacksawing m/c
Startrite 216H Vert. Band Sawing m/c
URPE M300G Slotting m/c 18" throat
MAS Model VR4 4ft 6" Radial Arm Drilling m/c
Delapena Speed Hone
Laycock 60 Ton Hydraulic Press

Inspection Equipment including Trimos Vertical Digital Height Gauges, plus more

 

Shm Stevens Champion
17 Nov 2005 10:30
Warwickshire

Reason for Sale: RE: Books for Students Ltd (in administration)
Viewing: Morning of sale from 9am.
Catalogue Info:
Additional Info: Also some items For Sale by Tender

Content: BOOK SUPPLIER'S STOCKS, OFFICE FURNITURE, IT EQUIPMENT, WAREHOUSE FIXTURES, FITTINGS & MOTOR VEHICLES

IT & Office Equipment - 61 PC's P4, P2, P3 by Dell including GX 260, 170C, 110, 100, 80, 60, Digital & others, Apple Power Mac G4, 15 Laptop pc's inc. NC6000 & Inspiron Pentium 4, by Hewlett Packard, Dell and NEC, 31 laser & inkjet printers by HP, Brother & Epson, 16 label printers inc. Del Sol & Solus Axion, 35 barcode readers and scanners, Ricoh Afficio 1045, Atico 1015A & Atico 1027 photocopiers, Siemens telephone system, 8 servers, various routers, 4 UPS & network devices, server cabinets. Large range of office consumables. Portable air conditioning units

Office Furniture - 235 executive standard operator's & meeting office chairs, 41 tables, 32 - 2, 3 & 4 drawer filing cabinets, 85 double & single pedestal desks in light oak & sapele, 21 various matching pedestals, 11 - 2, 3 & 4 drawer filing units, 5 bookcases, 2 safes, 31 various stationery & other cabinets, 55 high stools, 4 circular tables, 50 office partition screens, modern leather reception furniture

Artwork - 5 original contemporary oil colours & 21 framed comedy & other prints

Miscellaneous - (02) Miltec 306E waste paper baler, Jungheinrich 1 ton ride-on reach truck

Kitchen Equipment - Stainless steel dishwasher, electric grill, warming oven, preparation tables, refrigerated display cabinet, chiller fridge, etc.

Large quantity of clean modern Racking - 37 bays of double sided boltless pallet racking to approx 24ft height, adjustable Dexion type stock racking comprising approx 1200 uprights & 7300 shelves to approx 2.7m height, 5 pallet trucks, sack trucks, warehouse steps, 2 receiver mounted air compressors & warehouse trolleys
Motor Vehicles - (03) 03 Audi A4 3.0 Sport Convertible, (03) Renault Kangoo SL17 Dci diesel van

Also For Sale By Tender....

Stocks - ’200,000 (Approx cost). Fully itemized and computerized elibrary' of samples comprising approx 50,000 various educational, fictional, autobiographical, children's, adult's & general interest titles in hard & soft back

Shelving - 12 bays of modular book shelving, 133 sections of contemporary steel library book shelving - On view day of sale or by prior appointment. Tenders due 4.00pm Tuesday 22nd November 2005

Ramco (Uk) Ltd
Type of Sale: Tender
Lincolnshire

Reason for Sale: On behalf of the Ministry of Defence
Viewing: Saturday 12 November 10am to 4pm, Monday 14 Tuesday 15 & Wednesday 16 November 8am to 5pm and morning of sale.
Catalogue Info:
Additional Info: Tender closes Thursday 17 November at 10am. Notification Friday 18 November. Collection and Settlement no later than Friday 25 November 4.30pm. First 124 lots are to be held at Croft site.

Content: EX MOD GOODS (over 800 Lots)

Harrison M300 lathes, wheel balancers, engine turners, electric trucks, welders, office printers, monitors, overhead projectors, light bulbs, vehicle spares, tyres, garage 4 & 2 post lifts, pillar drills, printing equipment, fire extinguishers, slide projectors, hydraulic lift tables, chairs, books, vacuum cleaners, light tables, hand tools, bottle jacks, grinders, video recorders, video cameras, Racal HF receivers, oscilloscopes, pat testers, LCD projectors, smoke generators, torque wrenches, inflatable dinghys, exercise bikes, treadmills, gym equipment, safes, computer peripherals, sauna, white boards, step ladders, inverter test rigs, filters, ground aircraft equipment, racking, 20ft containers, cabins, pumps, polypipe, hoses, VW Pick up truck (P-reg), scaffolding, pressure tanks, Isostatic presses, wheelie bin compactors

(First 124 Lots are to be held at Croft site)

Suffolks
15 Nov 2005 11:00
Ipswich

Reason for Sale: RE: D & I Commercials
Viewing: Day Prior 10am to 4pm.
Catalogue Info:

Content: COMMERCIAL VEHICLES

1993 Volvo F10 380bhp 6x2 Breakdown lorry. Willinghams HD 10 ton Under lift, winch, stiff leg extending boom and specs.
Volvo Fl 0 270bhp Breakdown lorry with Harvey Frost 850 Crane and 3ton HAP.
Volvo F6 4x2 Breakdown lorry Willinghams 10 ton Under lift, 2 x winches, stiff legs, extending boom and specs.
A 1993 ERF 28 ton 4x2 tractor unit T + T Oct 06.
1984 Mercedes 6.8ton beavertail recovery vehicle with new winch T and T Nov 06.
1995 Mercedes 308D 3.5ton service van T + T 9/06.
1985 ERF 28 ton 4x2 tractor unit T+T 10/05.



WE ADVISE YOU TO CONFIRM ABOVE DETAILS WITH AUCTIONEER BEFORE TRAVELLING




News

40% OFF PROPERTY WITH THE BLESSING OF THE TAXMAN!
www.hotpropertyinvestor.com

---------------------------------------------------------------------------

Hi,

It's Peter Parfait here

Great Prices On Great Exuma-Plots From Only ’14,500
First Class Spanish Golf Resort-Deposits From Only 10%
Only 10% Upfront Deposit On Waterside Properties In Tampa Bay
Drawdown Cheque Book Mortgage-A Simple And Effective Finance Tool
Bulgarian Property-The Overseas Buyers' Kit-Only ’7.95

-------

A first-hand perspective on opportunities available in the Bahamas:

Great Prices On Great Exuma-Plots From Only ’14,500

Great Exuma, The Bahamas
Six months ago my husband and I decided to buy a plot of land on Great Exuma. We had talked at length to the Bahama Sound representative who had not only sent us a most impressive information pack including a DVD but had also patiently answered all our questions relating to the investment potential, political climate and building regulations.

We wanted to build a two-bedroom holiday home with rental potential and both agreed that Great Exuma fitted the bill, so we purchased a plot for only ’17,200. In mid-May we set off to meet with Judy (the Bahama Sound representative) to see our plot!

Great Exuma exceeded all our expectations - the temperature was in the eighties, there wasn't a cloud in the sky and there were miles of white sandy beaches, crystal clear blue waters and gorgeous villas. Our plot was fantastic - set on a ridge with glorious valley views and backing onto a nature reserve and less that a minute's drive from the beach -we could picture our dream home already.

However, we had the option to change to an alternative plot at no financial detriment to us, so we went on a tour of the island to see other plots just to make sure we were happy with our choice. We headed off towards Little Exuma, where the plots range from ’14,500 to ’27,000 - all with stunning sea views. It was an incredibly peaceful part of the island. However, Judy explained that this was about to change because of the interest several International Developers had shown in Little Exuma.

We were then introduced to Garth Sawyer, a local architect who indicated he would be delighted to help us build our dream home. We met with Judy and her husband later and picked their brains about the rental opportunities, which, apparently, are excellent in Bahama Sound 18. Judy advised that well-furnished and landscaped homes could expect to achieve a minimum holiday rental of US $1,200 per week.

From our perspective this represented a very reasonable return on our total anticipated expenditure of just under ’120,000. After our first day on this beautiful island we were absolutely convinced that this had been one of the best investments decisions we had ever made.

For a detailed information pack on Great Exuma and the fantastic investment opportunities there call TC on 01978 710077 or mobile 07974 308743 or email tcbee@onetel.com.

-------

Another really enticing opportunity from Kash Investments:

First Class Spanish Golf Resort-Deposits From Only 10%

Exciting New Payment Terms
The Spanish property market is dynamic in terms of price growth but not in respect of payment terms. Generally, Spanish developers require an upfront deposit of between 30-50% of the purchase price.

On selected developments, investors can now exchange contracts with 10% deposits with nothing further to pay until completion. Combined with an 80% LTV mortgage (based on end valuation), the Spanish property investment market is an extremely attractive option.

Financial Benefits Of A Low Deposit
The main benefits of a low deposit are:
Lower entry cost - provides property investment opportunities to those investors that may otherwise be financially excluded
Increased leverage-ability to acquire more assets for the same capital outlay as could be achieved if a 30% deposit was required
Reduced risk-several properties can be acquired in different locations for the same capital outlay
Improved cash-flow-funds above the 10% level that would normally be required for the deposit can now be retained as liquid funds or utilised elsewhere
Lagos De Alenda-First Class Golf Resort
This is an exclusive development of two-bedroom apartments in a beautiful lakeside setting on a first class golf resort near Alicante. The site arguably occupies the best position on the entire golf course with spectacular views over a beautiful lake and fairways.

Many of the homes have direct golf views, whilst others benefit from southerly aspects over wide landscaped grounds that include two lake-style swimming pools, water features, palm trees and viewing platforms designed to take advantage of the best views.

Development Overview
30 two-bedroom apartments currently available
Completions from June 2006
15 mins from the centre of Alicante
20 mins from Alicante airport
Low 10% Deposit
Prices from ?154,500 (approx ’105,000).

For further details please contact David at Kash Investments Ltd on 0870 4605433 or by email info@kashinvestments.com.

-------

Only 10% Upfront Deposit On Waterside Properties In Tampa Bay

Coquina Key, St. Petersburg, Tampa Bay
Fantastic waterside properties in a fabulous new development set in 88 acres of landscaped grounds.

This development is being fully refurbished and will consists of 912 quality properties and are ideal for short term investment, residential or long term rentals.

Amenities And Facilities Include
Three miles of Sea Wall and Walking Path
New Yacht Club
Village Market
Great Restaurants
State of the Art Fitness Centres with Saunas and Cardio Theatres
Three Resort-Style Swimming Pools with Spas
Tennis
24 hour Security
Business Centre
Boat Slips
St. Petersburg is set to be the next growth market with a large increase in equity growth rolling north from Naples through Sarasota, Bradenton and Tampa.

Prices / Payment Terms
One-bedroom units from US$150,000
Two-bedroom units from US$230,000
Only 10% Deposit on Contract
10% prior to closing / 80% mortgages available
Project completion mid 2007
Trade your Unit in 12-18 months
10% Consortia Shares also available

For further details contact Simon Ferrar at The International Property Guild on 07973 360216 or 01372 803782 or 0118 966 9191 or email simon.ferrar@ntlworld.com or see the website at www.internationalpropertyguild.com <http://www.internationalpropertyguild.com>

-------

This sounds like a really useful finance tool from Property Investment Finance (PIF):

Drawdown Cheque Book Mortgage-A Simple And Effective Finance Tool

This will enable you to finance property acquisitions cheaply, quickly and with minimal fuss by using a pre-approved mortgage facility secured on your main residence.
Do you want to buy properties at auction but have been put off by the completion timescale?
Do you have equity tied up in your main residence?
Do you want a line of credit that is fully approved and available but not charged for until you start using it?
If the answer to the above is yes, you might be interested in an innovative flexible mortgage that allows investors to quickly draw down funds against the value of their home -subject to status and affordability. The drawdown mortgage is fully flexible and borrowers receive a chequebook plus a pre-approved credit limit at an extremely competitive rate of interest from as little as 0.49% + Base Rate for the lifetime of the mortgage.

Key Features-Flexible Mortgage
Up to 90% Loan to Value - secured on main residence
No Early repayment penalties for full or partial repayments*
Interest charged only on funds used allowing investors to maximise cashflow benefits
Facility will be in place for the duration of the mortgage term
Self-Certification or Full Status
Interest Only or Capital Repayment
Base Rate tracker from 0.49% + Base Rate
Daily interest calculation
No restrictions on use of funds with chequebook provided on completion*
*Certain products only contact PIF for more details

The benefits of having a pre-approved facility should not be under-estimated, as the ability to negotiate discounts on prospective sales is considerable - with this facility you are a cash buyer. Equally you are able to complete with minimal fuss at auction-this is probably one of the most popular reasons why our clients' request this facility as most conventional buy to let lenders struggle to issue within the timescale auction purchases require notwithstanding the uninhabitable nature of some properties.

Costs To Consider
Brokers Fee-flat rate from ’500 (special deal for Peter Parfait readers) payable on application and fully refundable in the unlikely event we are unable to secure a Mortgage Offer
Lenders Completion Fee from ’399-can be added to the loan if required
Valuation Fee & Legals-variable dependent on value of the property
If you are interested and would like to find out more please email alasdair@bifonline.co.uk or alternatively telephone Caroline Coyle or Alasdair Devine on 01786 832233 for a free initial discussion of your needs and requirements.

-------

This sounds like an extremely useful kit for anyone looking to buy in Bulgaria:

Bulgarian Property-The Overseas Buyers' Kit-Only ’7.95

Are you looking to invest in the booming Bulgarian property market? Frustrated by the different ownership laws and unknown costs?

The Overseas Buyers' Kit has been specifically designed for foreign residents looking to invest in property in Europe's hottest property market. The Kit is a comprehensive resource that covers everything you will need to know to invest with absolute confidence.

The Kit was created to be a fantastic information source to potential investors and will enable you to:
Determine exactly which location to select to generate the most profit
Understand the facts and figures on tax, ownership laws, purchasing and holding costs
Calculate potential returns instantly, on multiple properties
Learn all about travelling to Bulgaria
Gather initial details on any property
Create your own search criteria and find the property that will give you the best return
Obtain full details of the condition of a potential property
Find the best property manager by asking the right questions
Keep exact records of your purchase costs
Track your rental income and expenditure with time saving tools
Calculate your monthly and annual rental returns
Special Offer For Peter's Readers-only ’7.95!
We are happy to offer a 20% discount to all Peter's readers so you can purchase Bulgarian Property-The Overseas Buyers' Kit today for only ’7.95. To qualify for the discount please go to http://payloadz.com/go/sip?id=151094

A full 30-day money back guarantee is offered. Please note that the Kit only relates to the purchase of existing residential property, not off-plan properties.

To find out more about this great product please visit www.bulgarianpropertybuyer.co.uk or contact Tim Wright on (+44) 0560 003 2014 or tim@bulgarianpropertybuyer.co.uk

-------

Bargain Properties on the Costa Del Sol

We have on offer fantastic properties with significant price discounts of up to 15%. Located within an amazing Golf and Country Club setting in a prime Costa Del Sol location, these two and three-bedroom apartments are Key in Hand ready now and represent great value. For further details please contact David at Kash Investments Ltd on 0870 4605433 or by email info@kashinvestments.com.


Online auction news
 

 


The Positive Club

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Get in the habit of spending some time each day that's not filled with frenzied activity. Make some peaceful moments in each day and you'll begin to see more peaceful qualities in the people, places and events around you.

Peace is not something that can be squeezed in between appointments. To know peace is to commit some time to it.

Find a place of serenity and solitude, and just listen. Let go of the need to fill every second with activity, and, for a while, just be.

Allow the tension to melt away. Relax your body, quiet your thoughts, and experience how it is to be fully in the moment, with all worries and anxieties far, far behind you.

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GAUK newsletter now has a readership of over 40,000

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Sold within 10 hours of advertising for over ’12,000... GAUK Advertising Gets Results!!!

Bankrupt Stock Clearance

3 years old Pulse Equipment

  • Resistance: Seated Leg Press x150 kg ’850.00
  • Leg Extension x 100 kg. ’850.00
  • Seated Curl x 100 kg. ’850.00
  • Abductor/adductor x 100 kg. ’850.00
  • Chest Press x 100 kg ’850.00
  • Abdominal Machine x 100 kg. ’850.00
  • Pec-Dec x 85 kg. ’850.00
  • Lat Pull-down x 100 kg. ’500.00

Cardio Vascular Equipment

  • 2 Treadmills (programmable) ’2,300 each
  • 2 Elliptical Trainers Dual Action Programmable ’1,500 each
  • 2 Concept Rowers ’500.00 each
  • 2 Recumbant Bikes ’850.00 each
  • 2 Upright Bikes ’850.00 each
  • 3 Spinning Bikes 12 months old ’200.00 each
  • 2 Cybex Treadmills (Reconditioned) new motors, new runners, etc 8 months ago ’500.00 each

  • Aroma Steam Tube 12 months old ’500.00
  • Sundry weights, other equipment.

TOTAL PACKAGE PRICE ’15,000.00 (new would cost approximately ’45,000.00)
(all equipment has maintenance contract and been kept in excellent condition. Currently being used in a ladies only environment.)

Viewing Days: Saturday and Sunday 8th, 9th May. (Other viewing by arrangement)


Remember that if you are a GAUK member that the database is constantly changing so keep coming back for information about the latest sales, also use the news and members' forum.

If you are not already a member of Government Auctions UK and which to gain access to the huge searchable database then please click here: http://www.governmentauctionsuk.com and hit the join button for a choice of subscription options.

There are over 1,000 auction houses listed, 1,000s of sales a week.

Kind regards
Government Auctions UK Team

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