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Welcome to The FREE, Government Auctions UK Newsletter Back to archive 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 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. This is a supplement to information contained in the main GAUK Database and is an additional service. Please Read On... "I really am impressed by the quality and quantity of information you supply, especially as I was a little skeptical at first - GREAT SITE!" James Aldridge

Public Sales

Auctioneer: John Pye & Sons 



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Woolley & Wallis
51-61 Castle Street , Salisbury , Wiltshire , SP1 3SU
TWO DAY CERAMIC & GLASS SALE
24/5/2005

Arthur James Galleries
615 East Atlantic Avenue , Delray Beach , Florida , 33483
Important Two-Day Fine Art and Antique Estate Auction
25/5/2005

Halls Fine Art Auctioneers
Welsh Bridge Salerooms , Shrewsbury , Shropshire , SY3 8LA
Oriental Pottery & Porcelain, Glass, Decorative Arts, Works of Art, Clocks, Furniture, Rugs & Garden Ware
25/5/2005

James Adam Salerooms
26 St. Stephens Green , Dublin 2
IMPORTANT IRISH ART IN ASSOCIATION WITH BONHAMS
25/5/2005

Mallams Ltd.
Bocardo House , 24a St. Michael's Street , Oxford , Oxfordshire , OX1 2EB
Jewellery, Watches, Silver & Plate, Furniture, Works of Art, Ceramics, Glass And Much More
25/5/2005

Walker Barnett & Hill
Cosford Auction Rooms , Long Lane , Cosford , Shropshire , TF11 8PJ
May Fine Art Sale
25/5/2005

Woolley & Wallis
51-61 Castle Street , Salisbury , Wiltshire , SP1 3SU
TWO DAY CERAMIC & GLASS SALE
25/5/2005
Bamfords

Matlock Auction Gallery
133 Dale Road , Matlock , Derbyshire , DE4 3LU
1200 Lots of English Pottery, English Porcelain, Chelsea, Derby, Continental and Oriental Ceramics, Glass, Decorative Arts, Silver and Plated Ware, Bijouterie, Jewellery, Watercolours, Oils, Prints, Boxes and Objects, Fishing Goods, Clocks, Barometers, Furniture, Medals, Toys, Collectors' Items and Books
26/5/2005

Locke & England
18 Guy Street , Leamington Spa , Warwickshire , CV32 4RT
SELECTED ANTIQUE FURNITURE & COLLECTORS' ITEMS
26/5/2005

Lyon & Turnbull
33 Broughton Place , Edinburgh , Scotland , EH1 3RR
FINE JEWELLERY & SILVER SALE
26/5/2005

Bamfords
Matlock Auction Gallery , 133 Dale Road , Matlock , Derbyshire , DE4 3LU
1200 Lots of English Pottery, English Porcelain, Chelsea, Derby, Continental and Oriental Ceramics, Glass, Decorative Arts, Silver and Plated Ware, Bijouterie, Jewellery, Watercolours, Oils, Prints, Boxes and Objects, Fishing Goods, Clocks, Barometers, Furniture, Medals, Toys, Collectors' Items and Books
27/5/2005

Dreweatt Neate Tunbridge Wells Salerooms
Formerly Bracketts Fine Art Auctioneers , The Auction Hall, The Pantiles , Tunbridge Wells , Kent , TN2 5QL
Antiques & Fine Art to include the Basil Hoskins collection of Theatrical Ephemera & Decorative Furnishing
27/5/2005

Lyon & Turnbull
33 Broughton Place , Edinburgh , Scotland , EH1 3RR
FINE PICTURE SALE
27/5/2005

McTear's
Skypark , 8 Elliot Place , Glasgow , Scotland , G3 8EP
Ceramics & Glass, Furniture & Works of Art, Silver, Jewellery & Pictures
27/5/2005

Noel Barrett Auctions
The Philadelphia Airport , Ramada Inn
THE WARD KIMBALL TOY & TRAIN COLLECTION (Part 2)
27/5/2005

Tennants Auctioneers
The Auction Centre , Leyburn , North Yorkshire , DL8 5SG
Decorative Arts and Design - 1860 to the present
27/5/2005

Noel Barrett Auctions
The Philadelphia Airport , Ramada Inn
THE WARD KIMBALL TOY & TRAIN COLLECTION (Part 2)
28/5/2005

Paul Beighton Auctioneers Ltd.
Woodhouse Green , Thurcroft , Nr. Rotherham , South Yorkshire , S66 9AQ
QUARTERLY ANTIQUE FURNITURE AND FINE ART SALE
29/5/2005

Comic Book Postal Auctions Ltd.
40-42 Osnaburgh Street , London , NW1 3ND
Internet and Postal Auction. May 2005 Catalogue Sale.
31/5/2005

Sotheby's Olympia
Olympia , Hammersmith Road , London , W14 8UX
DECORATIVE ARTS & DESIGN FROM 1870
1/6/2005

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Pugh & Company

Dear Subscriber
I would like to inform you that our latest Electronic Auction Catalogue is now available online.

This copy of the catalgoue can be viewed by visiting our website at http://www.pugh-company.co.uk clicking on the AUCTIONS menu and then on 1st June 2004. The Auction will be held at Terminal 2 Manchester International Airport and includes 197 various lots.

The online catalogue is complete with individual pages for each lot (in a similar format to our hard copy catalogue), 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 site also provides an opportunity to ask specific questions about each lot and general information about Pugh & Company.

PLEASE NOTE THE START TIME OF 12.00 NOON.
Thank you for your interest and please e-mail auctions@pugh-company.co.uk
STEVE SWAINSON BSc (Hons) MRICS
Director of PUGH & COMPANY

Japanese Car Imports,
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 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

WE ADVISE YOU TO CONFIRM ABOVE DETAILS WITH AUCTIONEER BEFORE TRAVELLING

Property News

Hi,

It’s Peter Parfait here with some further selected and filtered property opportunities and useful services for you.

Fabulous Caribbean Holiday Home
Altos La Nucia 20% Discount Update
New Fractional Ownership Club
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Fabulous Caribbean Holiday Home
from Steve Mahony & Lee Harley of Viceroy Park Properties

50% Less Than Comparables - 41% Return Per Year On Capital

Known to many of my readers as an excellent, specialist, discounting off-plan sourcing property company, and one providing super customer service and a trustworthy firm of integrity, here’s VPP’s latest, well-researched investment opportunity:

Caicos BeachClub Resort And Marina

At Viceroy Park Properties we are always searching for something out of the ordinary; something that can provide rental return, capital growth and the all-important ‘wow factor’. Stunning views, talcum powder beaches, year-round sun and a pace of life to chill the most hardened investors is what our members will find in the Caribbean on the West Indies islands of Turks and Caicos.

Turks And Caicos – British West Indies

The Turks and Caicos Islands are one of the fastest growing tourist destinations in the Caribbean. They offer great investment opportunities and significant returns for investors, as well as those seeking a beautiful, tax-free retreat. The islands have one of the lowest crime rates in the Caribbean. There is no capital gains tax, property taxes or income tax. The local currency is the US dollar.

Caicos Beach Club Resort And Marina

Caicos Beach Club Resort and Marina is located on South Caicos, an island with an international airport, a beautiful natural harbour, world-class beaches, fishing, diving, wind and water sports and casinos. South Caicos is home to a friendly, relaxed, English-speaking population and lacks the crowds, cars and pollution found in most other resort areas.

The resort spans over 100 acres of the beautiful South Caicos peninsula, affording the apartments we have sourced amazing ocean views. The property elevation ranges from sea level to a ridge peak of 160 feet above sea level. This impressive relief allows the apartments to be so arranged that you can watch a stunning sunrise over Turks Passage barrier reef in the morning and a breathtaking sunset into the Caicos Bank in the evening … an amazing location.

Caicos Beach Club Resort and Marina offers a private, exclusive vacation paradise that you would normally only read about: a resort where you can “leave your shoes at the airport”, relax in a non-commercial environment and actually find your footprints in the sand untouched the next day. Keep in mind, however, that at the end of the day this is an investment opportunity and if you love it then others will also feel the same way, which should therefore offer very strong resale and rental returns. Anyone visiting this beautiful development will enjoy an undiscovered vacation “Oasis” that surrounds you with all the luxury and modern conveniences you would expect from a Five Star Resort.

Caicos Beach Club Resort and Marina will consist of meticulously appointed one and two-bedroom residences, complimented by a wide variety of amenities, including interconnected swimming pools, Jacuzzis, tennis courts, racquetball courts, pool-side bar and grill, restaurants, entertainment lounge, numerous duty free shops, health club, work-out facilities, gaming room, numerous water sports facilities, video library and a 100-seat convention centre and auditorium.

Overview – 50% Less Than Comparables

* Prices range from as little as £128,000, which is up to 50% less than similar high quality developments;
* Anticipated rental returns per year of 12%;
* Only 10% initial deposit;
* All monies held in an escrow account;
* Anticipated capital growth of 10% to 20% per year;
* Bonus scheme of two free usage weeks, plus potential for extra weeks at cost;
* Direct flights from the UK;
* Assignable contracts whereby the investor can resell the property at any time during construction;
* 70% developer mortgages available.

Pricing

We can offer Viceroy Park Properties members prices from only £128,947 for a one-bedroom unit.

Payment Plan

* £1,000 reservation;
* 10% deposit on signing of contracts;
* 10% deposit after six months;
* 10% deposit after twelve months;
* Nothing more to pay until completion, anticipated May 2007;
* Developers 70% mortgage available on completion.

Payment Plan – Two Bedroom Penthouse

* The 2-bed duplex penthouse is offered at $499,000 with a $100,000 discount to $399,000 for cash purchasers, along with an 8% rental guarantee;
* £1,000 reservation;
* $399,000 cash deposit on reservation;
* $100,000 discount;
* 8% minimum rental guarantee;
* Completion is anticipated in May 2007.

Rental Yields - 41% return per year on capital

* The average price per night for a one-bedroom ocean front room in the Turks and Caicos Islands is $434;
* Assuming 55% occupancy at $290 per night, the gross income would be $58,218 per year;
* After deducting the estimated expenses for maintenance, use and management fees, the net return is $26,112 per year. The use fee and management fee is only charged when the unit is occupied;
* Net per year, including the two free weeks’ use valued at $4,060, is $30,172, or a 12.3% return per year on the $245,000 purchase price;
* Assuming 30% down, the purchase price with the appropriate ‘under construction’ discount will be $245,000 and the downpayment would be $73,500;
* 10 year mortgage payment ($171,500) at 8% interest would only incur an annual interest payment of $13,720;
* Net income per year is $26,112 and the two free weeks valued at $4,060 is $30,172, or a 41% return per year on the $73,500 invested (cash actually in);
* The $30,172 less the interest payment of $13,720 per year shall net $16,452 per year, or 22.4% based on the $73,500 invested (cash actually in).

The above figures do not include the annual capital appreciation, which has been between 10% and 20% per year over the last eight years. The current annual rental rate for an Ocean View one-bedroom unit in the Turks and Caicos Islands is $340. The above figures are based on $290 per night, or 15% less than the 2004/2005 annual rental rate.
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My advice is that you really should request a copy of VPP’s excellent brochure on this development, which I have thoroughly enjoyed absorbing, together with its superb CD-ROM presentation. Just … breathtaking. (It can even be downloaded from their website immediately – see below.) Please note that there are a limited number of units.

For details and rates about membership and how to make a reservation, please contact Steve Mahony or Lee Harley at Viceroy Park Properties on 0121 609 7095 or e-mail info@viceroyparkproperties.co.uk. Website at http://www.viceroyparkproperties.co.uk
Stop Press! My Readers Save £1,295+VAT!

Free Gold membership of VPP’s Property Club, worth £1,295 + VAT, is being offered to all my readers. You will have 1st choice on all new investment opportunities in the world’s most interesting property hotspots. To register, please visit http://www.viceroyparkproperties.com and click “register now” and enter the code “HPA10” when requested.
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Quickies:
1. Altos La Nucia

Most of us are now in receipt of our Altos La Nucia brochures and are quickly choosing our 20% discounted off-plan Spanish holiday homes from Property In Spain.net. These are the first release mid-price range selection. There’s an update report on progress at this location: http://www.propertyinspain.net/promo/article.aspx?id=438

The second wave of releases will be in early June, with cheaper apartments, townhouses and villas, and the biggest selection, including the penthouses, will be with us about one month later. Further information from Terry Walker on 0870 837 0034.

2. The Mightest Oaks Grow From The Smallest Acorns

Jonty Crossick and I have been discussing the idea of forming a holiday property fractional ownership club. Aimed rather up-market, the club would own fully-serviced villas in the most amazing locations throughout the world, city centre apartments, a yacht for the exclusive use of members, an aircraft to ferry members to destinations, and all the others kinds of toys people want to take advantage of at holiday times, but without any of the associated management hassles. We’ve worked out that we can provide everything, with total customer service, for about a third of the usual cost. Plus, each member would own part of the company. And … well, it would be a lot of fun for all concerned.

Of course this was only last night and we were a bit drunk. But I’ve found that all the best ideas tend to start off like this. And we’re very bullish.

Entry would be around the 50k mark, but if you’re interested in getting in on the ground floor then simply send me an e-mail to info@peterparfait.com and I’ll make a note.
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I trust that these Mid-Issue Updates continue to assist with your property investment success.
Best regards,
Peter Parfait
HPA/PAN/Booksender.com

The Positive Club
 

" In life, when faced with a situation where you feel your character is being put in question, it takes greater strength to refrain and dismiss than to act out in defense. For the true victory lies not in gaining the confidence of others but in having the confidence in yourself not to care."
Copyright © 2005 Mark Brogliatto

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