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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 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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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.

Fleet Auction Group
FLEET SALE - FLEET SALE - MONDAY 24th MAY 2004

Walker Singleton
We are instructed to offer for sale by tender the following assets:
* Ladies Rolex Watch and Diamond Necklace
* K6 Telephone Kiosk (Red Telephone Box)
Further Details can be found on the Asset Disposals page at http://www.walkersingleton.co.uk
Specific enquiries regarding these sales should be directed to assets@walkersingleton.co.uk

Rosebery's
74-76 Knights Hill, West Norwood,
London, SE27 0JD
ANTIQUES AUCTION.
18-19/5/2004

David Lay F.R.I.C.S.
The Penzance Auction House, Alverton, Penzance, Cornwall, TR18 4RE
Auction of Antiques & Selected Items.
20-21/5/2004

Philip Serrell
The Malvern Saleroom, Barnards Green Road, Malvern, Worcestershire, WR14
SELECTED ANTIQUE & LATER FURNITURE AND FINE ART
20/5/2004

Waddington's Auctioneers & Appraisers
111 Bathurst Street, Toronto,
Ontario, M5V 2R1
FINE BOOKS & MAPS.
20/5/2004

Charterhouse Auctioneers
The Long Street Salerooms, Long Street, Sherborne, Dorset, DT9 3BS
Auction of Silver, Jewellery, Ceramics, Furniture & Miscellanea.
21/5/2004

Clithgow Sons & Partners, The Auction Houses, Station Road, Middlesborough. Tel: 01642 710158. Wednesday 19th May at 11am; a sale of catering and shop equipment, pub and restaurant furnishings. Taking place at The Auction Houses.

Smith Hodgkinson & McGinty, The Auction Centre, Chorley, Lancs. Tel: 01257 263 633. Thursday 20th May from 10am to 4pm; a tender sale of injection moulding machinery and associated equipment. Taking place at APR Plastics, Block A Bridge Industrial Estate, Speke Hall Road, Liverpool.

CJM Asset Management, Duchess House, Queensway Court, North Lincs. Tel: 01724 334411. Thursday 20th May at 11am; a sale of the entire contents of a corsetry and foundation-wear manufacturers. Taking place at Moor Farm Road West, Airfield Ind. Est., Ashbourne, Derbyshire. Tuesday 25th May at 11am; a sale of machine tools and workshop equipment, general factory equipment, materials handling equipment, office furniture and IT equipment, commercial vehicles, lab equipment, restaurant and commercial kitchen equipment. Taking place at Proctor & Gamble, Dunsbury Way, Havant, Hampshire.

Shirlaw Cathcart, 212 Elliot Street, Broomielaw, Glasgow. Tel: 0141 248 6939. Friday 21st May at 11am; a sale of approximately 2,000 new gas and electric ovens, hobs and hoods. Also designer kitchen, bedroom and bathroom fittings, lounge, dining room, bedroom furniture and accessories, laminate flooring, carpets etc. Taking place at The Auction Centre, Pear Mill, Stockport Road West, Lower Bredbury, Stockport. Tuesday 25th May at 11am; a sale of catering and gym equipment. Also general effects. Taking place at the Auction Warehouse, 12 Lambhill Quadrant, Kinning Park, Glasgow.

Team Auctions, 60 Bentinck Road, Newcastle Upon Tyne. Tel: 0191 226 0670. Sales of commercial catering equipment at 11am. Monday 24th May at Borehamwood FC, Broughing Road. Tuesday 25th May at Northampton Saints RFC, Weedon Road, Northants. Thursday 27th May Quality Hotel, Scotch Corner, Junction A1/A66, North Yorkshire.

FPD Savills, 4 St. Peter's Gate, Nottingham. Tel: 0115 934 8100. Tuesday 25th May; a sale of water drilling equipment and associated plant. Taking place at BDS Drilling Services, Blythgate Farm, Tickhill, Nr. Doncaster.

Arrow Auctions, Bartleet Road, Washford, Redditch, Worcs. Tel: 01527 261055. Tuesday 25th May at 6pm; a sale of professional gym equipment including cardio-vascular equipment, rowers, treadmills, steppers, multi-gyms, and upright cycles etc. Taking place at Bartleet Road.

George Hazell & Co, The Auction Centre, Watton, Thetford. Tel: 01953 88255. Tuesday 25th May at 10.30am; a sale of office furniture, computers and equipment. Taking place at The Auction Centre.
Go Industry/Henry Butcher, 36 Great Charles Street, Birmingham. Tel: 0121 236 2880.Thursday 27th May at 11am; a sale of large capacity injection moulding machines and ancillary equipment, paint spray finishing plant. Taking place at Linpac Mouldings, Deykin Avenue
.


News

Amazon to Open Second Fulfillment Center in UK
By Ina Steiner
AuctionBytes.com
May 21, 2004

Amazon.co.uk announced Thursday it is planning to open a second UK
fulfillment center in Gourock, Inverclyde. The new facility, set to be
operational in the second half of 2004, is expected to create up to
300 new jobs within 18 months and will be 300,000 square feet.
According to the company, the decision to open a second UK fulfillment
operation follows strong international sales growth. In the first
quarter of 2004, Amazon.com's international segment (made up of the
company's UK, German, French and Japanese operations) grew 80%
year-over-year to $684 million. The company will continue to operate
its existing UK fulfilment centre at Marston Gate, near Milton Keynes.

If you have a comment about this please


How To Turn £5,000 Into £32,000 Almost Overnight!

Dear Property Investor

How To Turn £5,000 Into £32,000 Almost Overnight

Just keeping you updated on excellent property opportunities, here's two I think are really excellent, both presented by Mark Sawyer, who runs The Property

Association.co.uk (TPA). I met the directors of TPA recently, as I always like to check recommendations out personally, and I was seriously impressed.

I like their operation, which is very client-focussed, their presentation, their ability to secure attractive 15%-20% discounted off-plan property deals, their diligence is verifying such discounts, their recommendations for additional service assistance, but most of all their integrity. I trust them. And only because I trust them can I recommend them to you.

With some 50 developments and almost £100 million in discounted properties under their belt inside one year, they just go from strength to strength. You really should register your interest in at least being sent (by e-mail) details of the opportunities that they research and present, mainly because it will cost you absolutely nothing (visit http://www.thepropertyassociation.co.uk). Keeping you in touch is a totally free service that they offer. You have nothing to lose by simply exploring the potential further, and everything to gain.

Mark says:
The Property Association are delighted to announced two superb, off-plan opportunities: one in Glasgow and the other in Chester.

1. Tradeston, Glasgow - A Major Urban Redevelopment Area Of The City
We have exclusivity on 55 units in a highly-desirable off-plan development, very close the city centre. These are a mixture of high-spec, one, two and three-bed duplex apartments.

These units are discounted by a full 15% off list price, as verified by a RICS surveyor.
As part of the ongoing transformation of Glasgow, Tradeston has become a rejuvenation area for both retail and residential use and is part of a 5-10 year master plan for the area. Just a 10-minute walk from Glasgow city centre, on the South side of the River Clyde, and only 10 minutes drive to Glasgow's international airport, Tradeston is considered to be a property hotspot. With previous residential developments selling out within hours and potential owners having to camp out overnight, this area is set to achieve very favourable returns for investors.

Plans have also been approved for a new footbridge across the River Clyde, which will take residents straight to the heart of the New International Financial District, and, of course, to the many shopping and leisure amenities that Glasgow has to offer.

At an average discounted price of £188 per square foot, this property makes true investment sense. Capital growth in this area has been very positive, with average £ per square foot rising from £118 in 1999 to its current average of £220.

The gross selling prices have been independently verified as true current values by a local firm of RICS surveyors, and, as part of the deal, each apartment is discounted by a full 15%, exclusively for TPA Associates. The instant equity on these units is therefore between £20,000 and £32,000, before a brick is laid. This incredible paper profit can be yours for just £5,000 up front deposit, plus a small arrangement fee, with nothing further to pay for almost two years, when you can obtain a buy-to-let mortgage to fund the completion. This also allows plenty of time for further capital growth. Example: If values were to rise by just 5% per annum (currently running at 19%), you could achieve over £50,000 in equity profit before completion. All for a fee of around £5,000, a potential return of over 800% on cost and over 450% on capital employed. Now that’s real financial leverage!

2. Chester - 15% Verified Discount within the historic City Walls
We have just been given the go-ahead to offer you an exclusive property purchase in the elegant and popular city of Chester.

The opportunity consists of high-spec apartments discounted by 15% off the list price which has, again, been endorsed by a leading firm of valuers. This is a beautiful development, in a prime location, built by a highly-respected company.

As you will appreciate, Chester City Centre is a popular residential location, particularly for developments within the City Walls, and with many historical buildings and tight planning controls supply of new residential accommodation in prime locations is restricted. Buying property in such a historical area, which now has restricted planning, is obviously very beneficial when it comes to capital growth.

The instant equity offered is substantial and will appeal to anyone with an eye for capital leverage in a growing market. Chester is a highly-desirable city with massive tourism and a growing economy.
Great deals like these are constantly available from The Property Association. To view this deal and to receive similar announcements, you can visit our website at

http://www.ThePropertyAssociation.co.uk and join us FREE OF CHARGE. You will immediately receive a username and password to access the members’ area. There you will find comprehensive e-brochure presentations on both developments, with specifications, prices, pictures and floor plans. These will answer most of your questions before reserving.

To reserve a property or ask any questions, please call us on 0845 060 6677. When calling please explain that you heard about this via an e-mail from Peter Parfait, and we certainly assure you an excellent service.

Peter Parfait’s PS:
I would like to add that opportunities like this don't last long at TPA, as I have witnessed. Over 30 of these properties have already been reserved, so my advice is to act quickly. However, do
visit their website first and log-on as a free member (http://www.thepropertyassociation.co.uk). It's well worth two minutes of your time.

www.ThePropertyAssociation.co.uk is a fantastic source of information on discounted property and off-plan deals both in the UK and abroad. Even if this particular deal is not for you, I sincerely recommend that you join them FREE OF CHARGE today. You will then receive an e-mail alert every time a new discount opportunity announcement is made.

Best regards,
Peter Parfait
For Your Reference:
Call Peter's Hot Property Hotline on 0906 340 5050
Register with Peter's Recommended Discount Property Broker for free at http://www.thepropertyassociation.co.uk
Visit Peter's Bookshop at http://www.booksender.com

Peter Parfait’s PS:
I would like to add that opportunities like this don't last long at TPA, as I have witnessed. Over 30 of these properties have already been reserved, so my advice is to act quickly. However, do
visit their website first and log-on as a free member (http://www.thepropertyassociation.co.uk). It's well worth two minutes of your time.
www.ThePropertyAssociation.co.uk is a fantastic source of information on discounted property and off-plan deals both in the UK and abroad. Even if this particular deal is not for you, I sincerely recommend that you join them FREE OF CHARGE today. You will then receive an e-mail alert every time a new discount opportunity announcement is made


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Government Auctions UK Team