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Welcome
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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 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... |
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Public
Sales
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
Shirlaw Cathcart, 12
Lambhill Quadrant, Kinning Park, Glasgow. Tel: 0141 420
6690. Thursday 23rd June at 12noon; photocopiers and IT
equipment, small plant and tools. Taking place at 11 Fullarton
Court, Drumhead Place, Cambuslang, Glasow.
Simon Charles Auctioneers, Unit 5, Pear Mill, Pear Industrial
Estate, Stockport Road West, Lower Bredbury, Stockport, Cheshire
SK6 2BP Tel: 0161 406 0111.Thursday 23rd June at 11am;lounge,
dining room and bedroom furniture, leather and fabric upholstery,
carpets, beds, garden furniture etc. Taking place at Unit
5, Pear Industrial Estate.
Sweeney Kincaid, 17-19 Colquhoun Avenue, Hillington, Glasgow.
Tel: 0141 570 4000. Friday 24th June at 10am; a sale of private
and commercial vehicles, electrical stock, woodworking and
workshop equipment. Taking place at Colquhoun Avenue. Tuesday
28th June at 10am; a sale of shot blasting and industrial
spray painting and coating plant. Taking place at Grangemouth
Road, Bo'ness.
Smith Hodgkinson & McGinty, Waldorf House, 5 Cooper
Street, Manchester Tel: 0161 233 2900. Saturday 25th June
at 11am; liquidated retail stocks, water coolers, office
furniture, electrical goods, garden ornaments. Taking place
atUnit B, Knowsley Park Way, Haslingden, Rossendale.
Howkins & Harrison, 7-11 Albert Street, Rugby. Tel:
01788 560321. Saturday 25th June at 10.30am; farm implements,
machinery and motor vehicles. Taking place at Pool House
Farm, Balsall Common, Coventry.
Frank Hill, 18 Market Place, Patrington, Hull. Tel: 01964
630 531. Saturday 25thJune at 11am; produce, poultry, tools
and vehicles etc. Taking place at The Cattle Market, Dunswell,
Hull.
Cheffins Grain & Comins, 49 Regent Street, Cambridge.
Tel: 01223 358731. Tuesday 28th June; agricultural tractors,
combine harvesters, arable and grassland machinery. Taking
place at Elm Farm, Stansfield, Sudbury.
Robson Kay, Tilson Road, Roundthorn Ind. Est., Baguely,
Manchester. Tel: 0161 998 8111. Tuesday 28th June at 11am;
contents of a gym, beauty shop and tanning salon. Taking
place at Tilson Road
WE ADVISE YOU TO CONFIRM
ABOVE DETAILS WITH AUCTIONEER BEFORE TRAVELLING
Property
News
The Best Beachfront Land On The Black Sea At 57% Below
Its Market Value
Consortium Opportunity In Cyprus, from only £13,745
£23,500 Discount In Glasgow
Cyprus Revealed - New Website
The Property Association Members Day – 26th June
-------
First up, fabulous news just announced from Jonty & Alise
Crossick of Ready 2 Rent:
The Best Beachfront Land On The Black Sea At 57% Below Its
Market Value
Imagine what ‘Sunny Beach’ or ‘Golden
Sands’ were like, or any beach resort you can think
of, before they were developed. Acres of virgin dunes, and
not an ice cream van in sight. Now we have the chance to
build our own thriving beach resort, less than 40km south
of Bourgas airport, next to the Dyuni holiday village. These
are the impressive facts and figures:
576,000 square metres of prime, undeveloped beachfront land;
Bought for an incredible 57% less than its current market
value; cost €48 million to buy, could be sold for €113
million tomorrow;
235% instant return;
Opportunity to build a luxury holiday resort to beat its
rivals;
Land already designated for planning permission;
Infrastructure established;
Construction density 40%;
Blue Flag beaches;
Ecological environment next to nature reserve;
Wealth of sports, entertainment and cultural attractions
nearby;
Less than 40km from Bourgas airport.
Based on units costing €1,100 square metres and on a
co-efficient of 40%, we worked out that we could create a
development here with net sales worth €935 million.
That means land bought for €48 million becomes a resort
with profits worth €400 million. Ready 2 Rent’s
Bulgaria investors have already seen land we bought this
year go up in value by 58%!
In Kranevo, we purchased 18,000 square metres of beachfront
land for €2.71 million. We recently received an offer
of €3.98 million for it. That’s an increase of
over 50%. In Obzor, another prime coastal location in Bulgaria,
we bought 56,000 square metres of land costing €6.56
million. Comparable land sales support the fact that it’s
now worth €11.3 million. And that’s before we’ve
even turned a sod of earth in either of these locations!
Our Bulgaria Property Development Company is open for business
now, so why not get a stake in the best piece of land on
the Black Sea? Call us today to see how you could get in
on the action on 01273 627900 or e-mail info@ready-2-rent.co.uk
or visit http://www.ready-2-rent.co.uk.
-------
This just in from Investors Provident:
Consortium Opportunity In Cyprus, from only £13,745
We are very excited to inform you that Investors Provident
has launched its first consortium investment opportunity
in Southern Cyprus. With increasing numbers of investors
looking for low-cost entry deals in the overseas property
market, St Andrew’s Court represents an excellent opportunity
to become involved from as little as CYP£11,512 (£13,745).
This investment opportunity is located close to only the
fourth 18-hole golf course in Larnaca and comprises an entire
block of 8 apartments. These range from 1-beds with their
own gardens to 3-bed penthouses with large verandas. The
development is located only 1,400m from the golf course and
5km from the beach, making it ideal for family holidays.
The complex will also include landscaped gardens, swimming
pool and tennis courts.
The minimum level of investment required to participate
in this opportunity is CYP£11,512 (£13,745).
As the investment has been broken down into 20 share allocations,
this means that you will own 5% of the fund. This is an extremely
important point to note, because even with such a low initial
investment, you will be controlling assets worth CYP£722,000
(£862,068). Essentially this is extreme leveraging.
The exit strategy is being put in place for September 2006,
and the projected return on investment is estimated to be
60% to 80% per share. Full details and figures are available
on our website at http://www.investorsprovident.com/Europe/Cyprus/development.asp/ID/85.
Contact Hetal Shah at Investors Provident Ltd. Tel: 0870
1999 859, e-mail hetal@investorsprovident.com or visit their
website at http://www.investorsprovident.com.
-------
£23,500 Discount In Glasgow - 4C, The Mizu, Elliot
Street, Glasgow, G3 - This 2-bed, en-suite, luxury apartment,
868 sq ft, is on the 4th floor, south facing, of The Mizu
development, which is just a few minutes' walk from Argyle
Street, the shopping and nightlife centre of Glasgow. Underground
parking is included. Completion is November 2005. The development
consists of 44 2-bed apartments over 11 floors. Extremely
well located, it's also close to the new Sky Park office
development at Finnieston, providing a ready source of tenants.
The property has been independently valued by a member of
RICS at £207,500. Our investor now wishes to re-sell
for £184,000. Contact Jane McNaughton at jemcn@btopenworld.com
or call 07811 759889.
-------
Cyprus Revealed, New Website - Property Revelation Ltd,
the proprietors of Bulgaria Revealed, are delighted to announce
the launch of their new website, CyprusRevealed.com, also
incorporating the Greek Islands. We are dealing with one
of the longest established developers in the southern part
of the island, delivering property to suit every need. From
exclusive apartments near to the sea or golf course for the
seasoned investor, to townhouses and villas, some custom
built. For those seeking a second or retirement home in the
sun, there really is something for everyone. Inspection trips
start from as little as £120 and include accommodation
in one of the developer’s own hotels. These 3 or 4-day
trips come highly recommended. Properties in Northern Cyprus
will be on our site soon. Please note that all properties
in the north will be pre-1974 Turkish freehold. As such,
they will be free from any claims on land and property in
the future. For further information, visit http://www.cyprusrevealed.com
or telephone 0845 054 8697 for more details.
-------
I trust that these Mid-Issue Updates continue to assist
with your property investment success.
Best regards,
Peter Parfait
News > Online> Websites
Google Wallet set to challenge PayPal outside auction space
Posted by Kenneth Henry
Whenever a company is either the market
leader or extremely well known, it's human nature to knock
them incessantly. Sometimes, that criticism is justified,
at other times it's merely fashionable. However when online
payment service PayPal, bought out by eBay two years ago
for US$1.3billion, became a dominant method of payment
for both the auction site and in general, the criticisms
ranged from resentment at their 25p general transaction
fee in the UK to nightmarish tales of hacking and money
loss for those who trusted debit card details to the service.
Enter another market leader in its field around which as
many question marks as dollars have been floating...Search
engine kings Google. Newly awash with a few more billion
of anyone's currency from the stock market, the firm now
plans to offer an online payment service similar to PayPal.
Currently known as the Google Wallet, it is currently seen
as a business threat to PayPal. Although the tie-up with
Paypal has brought a US$233million contribution to parent
company eBay’s more than US$1billion dollar profit
in the first quarter of this year alone, many people also
use online payments to pay for game servers and contribute
to shareware development, to name but two non-auction-related
examples. It’s the web users without any interest in
auctions which will become next heavily targeted market for
both Google and eBay.
In spite of Paypal’s natural head start thanks to
eBay, online transactions are still seen as there for the
taking since all those micropayments, multiplied across the
world, equal hundreds of millions for the company which makes
the easiest and most secure website for the purpose of transferring
money. Some auctioneers may just add the payment facility
to their auctions as an alternative to PayPal, others, fed
up with the Paypal’s charges, may switch entirely but
Google Wallet should not be viewed as a saviour for anti-eBay
doomsayers everywhere. This is the company which demands
an unprecendented level of filtering for their gmail email
service, and it remains to be seen if there will be charges
and whether they can be competitive outside of America.
Nevertheless, the jitters were enough to lower eBay’s
shareprice by 61cents to US$37.44, showing the downside of
floatation – sneeze and the shares will drop, in this
case, for the sake of unproven competition. The real battle
begins if Google takes the Wallet out of its pocket in time
for Christmas 2005.
The
Positive Club
Things Work Out
Because it rains when we wish it wouldn't, Because men do
what they often shouldn't, Because crops fail, and plans
go wrong-
Some of us grumble all day long. But somehow, in spite of
the care and doubt, It seems at last that things work out.
Because we lose where we hoped to gain, Because we suffer
a little pain, Because we must work when we'd like to play-
Some of us whimper along life's way. But somehow, as day
always follows the night, Most of our troubles work out all
right.
Because we cannot forever smile, Because we must trudge
in the dust awhile, Because we think that the way is long-
Some of us whimper that life's all wrong. But somehow we
live and our sky grows bright, And everything seems to work
out all right.
So bend to your trouble and meet your care, For the clouds
must break, and the sky grow fair. Let the rain come down,
as it must and will,
But keep on working and hoping still. For in spite of the
grumblers who stand about, Somehow, it seems, all things
work out.
By Edgar A. Guest
GAUK
newsletter now has a readership of over 40,000
ADVERTISE
HERE FOR £50!
Contact
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 |
