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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 FREE Newsletter is our regular FREE bulletin designed to keep you fully updated with news, the latest sales, auction results and general pieces of interesting auction information. This is a supplement to information contained in the main GAUK database and is an additional service

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Website News

Firstly, may we take this opportunity to wish everyone a very Merry Christmas and a happy and prosperous New Year!

We're introducing many new features to help you make money in 2005

Regular visitors will have noticed a dramatic change in the visual appearance of the free newsletter site. This is part of a programme of planned changes including many to the main GovernmentAuctionsUK.com site. We are currently rewriting a fantastic new back end script with many enhanced features including the long awaited auction calendar.

As soon as the new script is up we'll let you know here.
19/12/04: A sneak preview can be seen here (remember it is not fully functional: http://www.governmentauctionsuk.com/index2.html

Most of the database migration is now completed and we're just making final checks. We are planning to put it live in the next week or so. Certainly by January 1st you'll have the brand new site to use with all the new features.

This is phase 1 of a series of planned upgrades, improvements and additions for 2005 which we know you'll appreciate and enjoy

Best Regards

GAUK Team

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

Japanese Car Imports,
WE ARE MOVING
New Address:
30 Berth Tilbury Freeport, Tilbury, Essex RM18 7HB!
Please visit the website on www.japaneseimportauctions.com

New Address as above:
Turn left when entering the port and follow the road round - we are on the right after 1.4 miles.
All other contact details remain the same.
The Directors, management and Staff of JIA would like to wish all our customers a very Merry Christmas and a Prosperous New Year.
Thank you for your business in 2004, Lets hope 2005 can be even better.
1st Sale of 2005 & Grand Opening of New Auction site will be on Tuesday 11th January at 11.30
The Port Secutiry has been upgraded; please ensure you bring your Photo ID with you to ensure smooth entry to the Port. NO under 16's allowed on the Port, Port regulations.

CJM Asset Management, Duchess House, Queensway Court, North Lincs. Tel: 01724 334411. Wednesday 15th December at 11am; a sale of modern woodworking machinery, general factory equipment, motor vehicles, office furniture, stocks and components etc. Taking place at Ollerton Road Industrial Estate, Tuxford, Newark, Notts.

G.A. Key, The Aylsham Salerooms, Palmers Lane, Alysham, Norfolk. Tel: 01263 733195. Wednesday 15th December at 10am; a sale of Christmas giftware. Taking place at Aylsham Salerooms.

Charles Taylor, The Auction Centre, Missouri Avenue, Salford, Manchester. Tel: 0161 737 5252. Thursday 16th December at 10.30am; a sale of police stolen property, household items, contents of a gift shop, Christmas items, machinery, vehicles. Taking place at The Auction Centre, Salford.

Simon Charles Auctioneers, Unit 5, Pear Mill, Pear Industrial Estate, Stockport Road West, Lower Bredbury, Stockport, Cheshire SK6 2BP Tel: 0161 406 0111 Thursday 16th December; bedroom and dining room furniture. Taking place at Unit 5, Pear Industrial Estate.

Lithgow Sons & Partners, The Auction Houses, Station Road, Middlesborough. Tel: 01642 710158. Thursday 16th December; sale of office furniture and equipment. Taking place at The Auction Houses, Middlesborough.

Hi,

It’s Peter Parfait here, with 2 very interesting and really hot property opportunities for you that, by the way, you are the first to hear about (rather handy this e-mail thing, isn’t it):

Caribbean/Pacific Paradise For Only £15,000 Per Plot
Scott Huggins: 2 Opportunities In Durban, South Africa, With Yields In Excess Of 20%
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Firstly, a deal from Dave Ames of Harlequin Group, which looks like a wonderful bargain:

Panama Land Opportunity - An Undiscovered Caribbean/Pacific Paradise And A Once-Only Opportunity To Purchase Land At Only £15,000 Per Plot

£15,000 will buy you …
1⁄4 acre plot, 20 metres x 50 metres.
Full planning permission granted.
Plot designs available in February 2005.
Gated secure community.
Full services provided - water, electricity etc.
Title of land is given.
Plots can be re-sold.
Safe, beautiful area.
Owned and being sold by UK Company.
Payments can be made by cheque or credit card in UK.

£5,000 deposit required, followed by six weeks later by a further £5,000 upon signing of the documents. The final payment of £5,000 is required on receipt of the title deeds.

If you reserve 2 plots of land you will receive a free flight to visit the site.

Building Your Dream Home
Your 1⁄4 acre plot has ample room to build a large, detached, tropical home from only $500 per sq metre. This is very cheap when you compare with UK building plans, where you can pay £100 per sq foot. As an example, a house in the UK could be costing you £100,000, whereas the same specification in Panama would cost US$50,000 (£25,900). As you can see, building costs in Panama are extremely low.

We are a UK registered company holding a valid consumer credit licence, so you can buy with confidence. We at Harlequin have, through our friends in Panama, the exclusive rights to this park-like setting in a 130-acre development, with 25 acres reserved as common recreation area.

This is a fantastic opportunity to become involved in our exclusive gated development in a beautiful green valley with gentle rolling hills and nearby rainforest. This development is fortunate in having a wonderful backdrop of spectacular mountains in the distance, where rosy light flecks the land at sunset. When you visit you will be captivated by its picture-perfect beauty, which could cover the front pages of a Travel Monthly magazine; we have photos to show you the sheer beauty of this area. This gated community is only 35 kilometres [21 miles] from the metropolis of Panama City and the International Airport, with regular flights to the UK. The development is a mile away from The Pan-American Highway, which provides excellent connections to the city. The Pacific coast and beaches are very close by with turquoise waters, giant coral reefs, sea turtles, swaying palms, coconuts, cashew trees, parrots, pelicans, humming birds, and bright tropical flowers.
This superb development is being undertaken adjacent to another headed by a Canadian and Australian consortium which has already completely sold out. Panama is a safe country. You will find the locals very friendly and helpful.

Why Invest In Panama?
If you have visions of a lawless Central American society, then continue to read and think again. While most of her neighbours have flat-to-negative GDP growth, Panama continues to grow her economy. At this time there are more than a dozen skyscraper buildings under construction and no other Central American or Caribbean city has a skyline similar to

Panama City.
Local real estate prices for residential properties have remained unchanged since 1992. Real estate has not been a great performer over the last decade and the values right now are incredibly low. Land prices are expected to increase by 30%-40% in the next six months. As a guide, a two-bedroom consortium in a first-class high-rise tower near the Pacific Coast has an asking price of US$175,000. In other words, top rated real estate in Panama is selling at 1990 prices.

4 Reasons Which Confirm That This Is The Beginning Of A Boom
1. Panama is poised to become Central and Latin America’s Switzerland for private banking and company formation. Over the last two years the OECDs (Organisation for Economic Co-operation and Development) financial action taskforce (FATF) has targeted offshore tax havens forcing them to comply with western tax laws. Since 9/11, the United States, Britain and their allies have been forcing tax havens to sacrifice banking secrecy in the name of unfair tax practices. This effect has been galvanised, justified by offshore terrorist activities. Since 2001 several Caribbean tax havens have seen their financial services industries destroyed by this attack on their Sovereignty. The Bahamas and Cayman Islands, home to thousands of offshore companies, trusts and bank accounts, have seen an exodus of international investors. Also, the British Virgin Islands are now under attack. The FATF has blacklisted other tax havens around the world and they, too, will eventually suffer the same consequences. Panama, on the other hand, has agreed to comply with the FATF’s demands and is not a blacklisted nation. Its reputation as one of the world’s premier offshore havens will continue to grow.

2. The infrastructure in Panama City is excellent. No other Central American country is more industrialised.

3. The economy is soft right now but the foreign capital over the next several years, will find a new domicile here in an otherwise hostile world.

4. In their efforts to boost tourism, the government is constructing a massive new port enabling cruise ships to drop anchor here. More tourists will mean more tourist dollars.

Further, expatriates are welcome here. The area was settled by Swiss and German immigrants who came to this country to work on the Panama Canal. The cost of living is about the same as in the US, but some things are less expensive, including labour. The people of this country and its stable government welcome us, and so, as time passes, many of the tensions of American life melt away. Panama, by the way, provides many benefits to retirees. The medical and dental care are top-notch (the doctors and the lawyers all trained in the US) and are very, very affordable.

Perhaps you can now visualise the potential of investing in Panama and we trust this information helps you to come to a conclusion that your investment has fantastic returns to offer you, either by holding on to the land and selling at a later stage or building your future holiday home, which will gain excellent rental income. You may wish, as mentioned above, to visit the site, where you can choose your own plot of land and we are sure this will convince you that this is the right investment to be made. British Airways fly to Panama City, for your convenience!

We can also arrange finance here in the UK, secured on property within the UK, or by arranging unsecured loans, or even a remortgage, if necessary.

I look forward to hearing from you. Please give me a call on 01268 582307 or 07960 958720 or e-mail davidames123@aol.com
David Ames, Harlequin Group
-------

And now a deal from Scott Huggins (that bald bloke from BBC 2’s Get A New Life), who’s currently in South Africa:
Scott Huggins & Intrepid Investments Have Sourced 2 Opportunities In Durban, South Africa, Offering Yields In Excess Of 20%, Plus Capital Growth

Intrepid Investments is seeking potential partners to participate in two recently acquired syndicate opportunities in Durban, South Africa.

Scott Huggins has recently toured the Republic of South Africa looking for investment opportunities for his syndicate members. He has found and agreed two separate projects and is now inviting intrepid investors to share in the exceptional returns and yields that these offer. Both the projects are in Durban and are completely ring-fenced opportunities, structured to suit the intrepid investor’s individual aim.

Opportunity 1:
A minimum 6 syndicate members with a minimum R645,000 (£58,600) are required to invest in an off-plan development opportunity. A local developer is offering a deal that will return over 20% in just 12 months. This deal is structured so that the intrepid investor can either receive their return in either interest payments or capital increase (by way of discounted prices) or a mixture of both.

Option 1: Twelve-month loan paying 20% interest: You will need to invest a minimum R645,000 (c £58,600) into the off-plan project by way of a loan to the company for a period of up to 12 months. The loan is guaranteed both by the company that owns the land purchased for the project and by personal guarantees of the directors. You will received up to 8% pcm ‘yield’ from your money once transfer is made and at the end of the term you will be paid a ‘balloon’ or bonus interest payment of 12.4% that will take your total return for the year to 20.4 %. Your loan will be returned in full to you at the same time. You will also receive an option to buy, in one year’s time, an off-plan unit at the current full price of R725,000 (£65,000)
Option 2: Twelve month loan payng 8% pcm and an option to buy an off-plan unit in one year’s time at today’s rate minus a 12.4% discount. This option works along the same lines as option 1 – you lend the company R645,000 and you receive a monthly yield of up to 8% for the duration of the loan (maximum 12 months). You can, at the end of the loan period exercise an option to buy a villa at R645,000, which represents a discount of 12.4% on the current selling price of R725,000.
Option 3: This option is basically a mixture of options 1 & 2. It gives you the opportunity to chose the discount on your property purchase option up to the maximum 12.4%. There will be a bonus interest payment at the end of the year designed to ensure that your total yield is 20.4% and, of course, the whole of your loan will earn interest, at around 8%, for the duration of the year that it is repaid.

Opportunity 2:
A syndicate is to be created to raise £300,000 with minimum investment of £15,000. The tie-in period is 3 years. This opportunity is a rare and a real gem. Scott has secured what he sees as the ‘deal of the year’. The syndicate will purchase a complete apartment block, fully let. They will hold the block for 3 years, after which time the apartments in the block will be sold off individually in order to release syndicate members’ money and raise capital profits in excess of 50%. In the meantime the syndicate members will receive a guaranteed income of 1% above South African base rates (currently equal to 12% pa yield).

At the end of the 3 years the syndicate will be disbanded and members will receive their share of the capital gain on the building. This will be based on current individual apartment valuation and paid in either cash or apartment units to the value of. The bulk purchase of the building means that individual apartment valuations are at a 50% discount to the price being paid.

This means that the syndicate member will receive a 12% yield for 3 years, after which they will be paid a further bonus of around 50%, making the yield for the period around 30% pa.

Further research: Any interested parties should contact Scott Huggins at Intrepid Investments by registering their details at http://www.intrepidinvestments.co.uk, quoting the number “HPA02”. Scott will then call potential syndicate members to discuss each opportunity in full.
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I trust that these mid-issue updates continue to assist with your property investment success.
Best regards,

"Mamma," said Norman, "the little boy next door said
there wasn't such thing as Santa Claus. There is,
isn't there?"

"Yes, dear," said mamma.

"A real, live man, with "cheeks like a cherry", with
"eyes how they twinkled, and dimples, how merry?'"
persisted Norman.

"I never saw him," said mamma, "I should suppose that
would be a pretty good picture of what he means."

"Oh, does he mean something?" asked Norman, in a
disappointed tone.

"Yes, he does. Everybody does. You do."

"What do I mean?" he asked, looking puzzled;

"That's a riddle for you to find out. You've got all
your life to work it out. You'll be lucky if you get it
then."

"You're such a funny mamma," sighed Carleton.
"Am I a riddle, too?"

"Yes, indeed, you are!" laughed his mother.
"You're a riddle that's too much for me, every
once in a while."

"Am I a riddle?" asked Dorothy. She didn't know
what a riddle is, but she wanted to be in the game.

"Yes, you are, and I am, and every one is.
Santa Claus is."

"Is he just the kind of a riddle we are?" asked Norman.

"No, not exactly. But the difference is another
riddle for you to guess."

"I know!" cried Norman. "I can see myself, but I
can't see Santa Claus." '

"Can you see yourself?" asked the mother.

"Of course."

"What can you see?"

"I can see my legs, and my arms, and my hands,
and my stomach."

"Is that yourself?" interrupted his mother.

"They are parts of myself."

"Yes; but can you see all of yourself? Can you see
your eyes, for instance?"

Norman ran to the looking-glass.

"There!" said he, pointing to the blue eyes that
looked back at him, alive with intelligence.

"Are those your eyes?" asked the mother. "Your very
eyes? If I should break the looking-glass, or cover it
up, should I make you blind?"

The 3 children laughed like a chime of bells. Childlike,
they loved an argument

"Then you can't see yourself, can you? Neither can you
see Santa Claus. But you can see parts of yourself.

"Can we? Where? Where?" they all cried. "Whenever you
look a kind person's eyes; whenever you see any one
giving another pleasure.

When Dorothy gives John a bite of her apple, then as you
look at her you catch a tiny glimpse of Santa Claus.

When you get a surprise ready for mamma to welcome
her home from downtown, then any one looking at you
sees a little bit of Santa Claus."

"Then he is just kind people, as Arthur said?" cried
Norman, bitterly disappointed.

"No, indeed. All the kind people in the world put
together wouldn't make Santa Claus. I said you could
see parts of him, but not himself. The kind people
are parts of him, sometimes. He whispers kind thoughts
to them, one after the other.

He flies from one to the other, like a bee from flower
to flower, only instead of taking away sweetness he
gives it.

His presents on Christmas Day are only a few of his
presents. He gives better ones every day, but he gives
them so quietly that no one seems to know it.

On Christmas Day every one suddenly recognizes him,
and his invisible gifts become visible,"

"What's visible?" asked Dorothy.

"You can't see his gifts of every day, but his Christmas
gifts you can see," explained her mother.

"But I want to see him, himself," said Dorothy, "I am
going to hold my eyes open and watch when I hang up
my stockings."

"You would never see him if you should," answered
her mother. Santa Claus is a fairy, dear, and you can
never see fairies, nor quite understand them.

When you think you are just going to catch them they
vanish away. Santa Claus hides in many ways. He hides
in the people you know. If you should stay awake you
would probably see what would look like mamma and papa
filling your stockings...

...yet all the time it would be Santa Claus."

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