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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

"DEAR SIR/MADAM,
I HAVE ONLY JUST JOINED THE SITE AND FIND IT VERY INTERESTING.
I'M JUST FINDING MY WAY AROUND,I AM PLEASED WITH WHAT I HAVE SEEN SO FAR.
REGARDS"
G Easton

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.

Fleet Auction Group
FLEET SALE
Monday 24th January 2005
1.00pm
FLEET SALE
Thursday 27th January 2005
11.00am
FLEET SALE
Monday 31st January 2005
1.00pm
The Fleet Auction Group Limited.
Brindley Road, Stephenson Industrial Park, Coalville, Leicestershire, LE673HG
T: 01530 833535 - F: 01530 813425 - E: info@fleetauctiongroup.com

Walker Singleton
On the instructions of various Receivers and Liquidators we are instructed to offer for sale by Tender the following assets located Halifax, West Yorkshire:

21 Executive Cars, Light Commercials and Mini Buses

Short Notice Private Treaty Sale - 6 Lane Bowling Centre, Gloucester - On behalf of the Administrative Receivers of Allied Leisure Limited we are instructed to sell, by way of Private Treaty Sale, the complete range of installed bowling equipment located within a Gloucester Bowling Centre.

Due to the relocation of the ongoing business, we are instructed to offer for sale by tender the following assets formerly utilised by Taison Lighting Limited, located in Bradford, West Yorkshire:

* CNC and Conventional Fabrication Machine Tools

Further information is available by visiting the Asset Disposals page at http://www.walkersingleton.co.uk

A sales pack and further information is available from our offices and Specific Enquiries should be directed to assets@walkersingleton.co.uk

Henry Butcher, 25 London Bridge Rd, London SE1. Tel: 020 7098 3700. Wednesday 19th January at 2pm; sale of CNC and conventional machine tools. Taking place at 43 Bradford Road, Slough Trading Estate, Slough.

New Kensington Auctions, 255 Lythalls Lane, Holbrooks, Coventry. Tel: (catalogue) 024 7666 7366. Thursday 20th January at 10.30am; a sale of new/returns IT distributors stock including computers, monitors, fax machines etc. Saturday 22nd January at 10.30am; a sale of stationery and office equipment. Both sales taking place at Lythalls Lane.

Auction International, 51a Broughton Lane, Strangeways, Manchester. Tel: 0161 832 2400. Thursday 20th January at 10.30am; a sale of fire and fire surrounds, carpets, office equipment, fancy goods, clothing and footwear etc. Taking place at Broughton Lane.

Smith Hodgkinson & McGinty, Waldorf House, 5 Cooper Street, Manchester Tel: 0161 233 2900. Wednesday 26th January at 10.30am; a sale of engineering machinery including grinders, lathes, milling machines etc. Taking place at Gillbank Engineering, Stockfield Road, Chadderton, Oldham.

Sweeney Kincaid, 17-19 Colquhoun Avenue, Hillington, Glasgow. Tel: 0141 570 4000. Wednesday 26th January at 10.30am; a sale of engineering and metal fabrication machinery. Taking place at Block 5, Lockview Road, Willowyard Ind. Est., Beith. Friday 28th January at 10.30am; a sale of shop fitting woodworking equipment, golf shop stock, vehicles, modern office and business equipment. Taking place at 19 Colquhoun Avenue.

Arthur Johnson & Sons, The Nottingham Auction Centre, Meadow Lane, Nottingham. Tel: 0115 986 9128. Thursday 27th January at 11am; a sale of the contents of a fitness centre. Taking place at The Nottingham Auction Centre.

WE ADVISE YOU TO CONFIRM ABOVE DETAILS WITH AUCTIONEER BEFORE TRAVELLING

Property News

Hi'

It’s Peter Parfait with some rather interesting, filtered and selected property opportunities and useful services for you. There’ll be 3 of these bulletins this week, since so much fascinating stuff is happening (and I do mean really attractive deals):

Only £31,000 For An Apartment In Dubai – 20% Discount!
Distress Sale Opportunity – £55,000 Discount
Grab Your Own 15 Minutes Of Fame!
Up To 14.4% Discount In Australia
The Property Association.co.uk’s First French Leaseback Of 2005
A Unique Opportunity With Center Parcs at 19.6% Discount
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A really, really interesting deal from Investors Provident, but be sharpish:

Only £31,000 For An Apartment In Dubai – 20% Discount, But You Have To Be Quick - Deal Closes At The End Of This Week!
Investors Provident is delighted to offer this great deal on property in Dubai.

Investment Highlights:
Massive 20% discount to currently available prices
Your own tax efficient investment property from only £31,500!
Gain expert insider investment advice in one of the world’s hottest property markets
Only a £1,000 reservation fee secures your apartment
2 years to completion, to provide maximum capital uplift (Dec ‘06)
Invest 50% now and take advantage of the strong pound - next payment not till June 2005
Excellent rental potential - 10% pa
Residency Visa on completion
We have exclusive access to only 21 properties in this offer – so would advise investors to register their interest immediately. Deal closes at the end of this week!
Download full details from: http://www.investorsprovident.com/downloads/ICInvestmentReport.pdf
Investors Provident, 14 George Street, Longworth House, St Albans, Hertfordshire, AL3 4ER. E-mail: hetal@investorsprovident.com. Tel: 0870 1999 859. Website: http://www.investorsprovident.com
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From Solicitor Rob Young:
Distress Sale Opportunity – Short Deadline - £55,000 Discount
Due to a change in personal circumstances, I am instructed by my client to find a suitable buyer to take over his contract on a 2-bed apartment. It is part of a 72-apartment development with 5 retail units at Trinity Gate, High Street, Guildford. The building includes a swimming pool, Jacuzzi, gym, sauna and steam room for the use of residents. The developer has now indicated that they expect to be in a position to serve notice to complete in early February, hence the need to move quickly.
The developer is granting a 999-year lease, with an initial ground rent of £200 per year, at a off-plan discounted price of £360,000; contracts were exchanged in October 2002. I understand that an identical flat is on the market at £400,000, but due to the tight deadline my client is willing to assign his contract at a price of £345,000. He has paid a 5% deposit and so is able to ‘fund’ a sale at this level by losing the bulk of the deposit.

Any interested parties can telephone me in the first instance so I can deal with any questions that arise and provide a copy of the specifications for the apartment. Please contact Rob Young at Hart Brown Solicitors on 01483 887714.
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From Michelle Crowley of Mentorn TV:
15 Minutes Of Fame
People who who bought their council homes in the 1980s are being asked to get in touch with a Channel 4 documentary team to tell their stories. The documentary is set to mark the 25th anniversary of the ground-breaking ‘Right-To-Buy’ housing policy brought in under Margaret Thatcher in 1980 which gave all council tenants the right to buy their homes for the first time. Associate Producer Michelle Crowley said: “We want to find people who bought their council homes in the 1980s and have reaped the benefits. The 1980 Housing Act was life-changing for some people who used the purchase of their council house as a springboard to begin building up a property portfolio or start a successful business. It's those people we'd like to talk to”.
If you have an interesting right-to-buy story to tell and would like to be involved in the documentary, please contact Michelle on 020 7258 6807 or e-mail mcrowley@mentorn.tv.
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Up To 14.4% Discount In Australia
TPA are so confident in their new Australian offering that they will even give you a free flight and a weeks’ visit to prove it! They have UK exclusivity on a limited number of luxury apartments in the exclusive Seashells Resort in Mandurah, Western Australia, about 74Km from Perth. The standards are world class. The beachfront complex includes the usual bar, café and restaurant facilities with a few other special touches like the gourmet deli, the gym and even a health and well-being centre.
A spacious 2-bed apartment comes with a complete furniture pack, a price tag of less than £180,000 and the ability for you to enjoy 15 months’ capital growth and a high rental return. With the discounts of between 11.3% and 14.4%, it’s practically a gift. Visit the TPA website at http://www.thepropertyassociation.co.uk for further information on this fantastic offer.
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TPA’s First French Leaseback Of 2005
Interest in the Paris apartment market continues to grow and prices, which are still far behind those of London, are steadily climbing. Through one of their major suppliers, TPA have been offered some superb ‘business apartments’ in a great spot near the river and just north east of the city centre. They have an excellent guaranteed rental income of 6.75% per annum and a lease that is guaranteed for a minimum of 9 years. Rents will almost certainly cover the mortgage, making this an ideal ‘pension-style’ investment.

The initial offering is open for just a few days in order to launch the project, and the benefits include:
Low initial prices, starting at £50,000 (rising after the initial launch).
High yield of 6.75% (this will drop to 5.3% after initial take up).
There are only 10 units available at these rates. This is a true pre-release, exclusive to TPA. Visit http://www.thepropertyassociation.co.uk for further information.
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A Unique Opportunity With Center Parcs
The Property Association.co.uk are presenting one of the most unique and exciting long-term leaseback investments in France. It promises excellent capital growth with guaranteed yields and no capital gains tax.

This not-to-be missed off-plan development is a little different from their usual deals in that it offers freehold cottages located at a new, sophisticated Pierre & Vacances ‘Center Parcs’ being developed near Rheims (just 40 minutes from Paris via a new TGV rail link). The Parc and cottages are in 80 hectares of woodland, facing a 140-hectare lake, which offers 30 water-based activities with 4500sqm of pools and lake beaches with a 27-hole golf course opposite. C’est la vie!

TPA have exclusivity on 200 of the Parc cottages, and with completion not due until December 2006 it leaves members 2 years of potential capital growth. Prices range from £126,000 up to £188,000 with an immediate VAT refund of 19.6%
This is a totally managed investment by P&V who are the largest tourist management company in Europe. TPA have access to a P&V approved mortgage broker offering various mortgage packages with interest rates from only 3.65%, and if that’s not enough P&V will pay the TPA arrangement fee for you. Reservations are strictly on a first-come-first-served basis. Visit http://www.thepropertyassociation.co.uk for further information.
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Quickies:
Online Talk - Dealing with Problem Tenants, with Tessa Shepperson, solicitor - Monday 24th January – 1-2 pm. Further details from http://www.landlordlaw.co.uk

The Property Association.co.uk – will be holding a free Members’ Day on Sunday 6th February, 10am and 6pm in the Heathrow area of London. Subjects include: The Property Association and how it works, The UK Property Market in 2005, Financing Investment Property with creative mortgage products, and Investing in Overseas Property Hotspots. Speakers, lunch etc. Further details from Amanda Martin on freephone 0800 015 0565 or send an e-mail to: Amanda@ThePropertyAssociation.com

Useful Service by way of a letter received:

Dear Mr Parfait,
I have been a landlord for over 16 years and last year I started developing properties. I bought a property in Whitechapel, London and hired some builders recommended by a friend. The project did not go well and the builders messed up the job. I sacked them and started to hire my own guys. They finished the job to an excellent standard and I bought more property, which they have since been working on. Some friends have asked for their services from time to time and they have carried out work which my friends have been very happy with. I recently started to advertise the services of my team in the local paper and have seen a good response, which has resulted in a few small jobs.

My experience in Whitechapel made me realise that there is a market for a reliable builder who can offer quality work at an affordable price. I believe I can offer such a service and I am keen to offer competitive rates to customers. My aim is to get customers to recommend me and/or call me back with more work of their own. My team consists of 12 builders with different skills and between them they can do all types of building work. I live in London, but also have property in Manchester and some guys are based there. At present I would like to stick to these two areas. but hope to be able to cover other areas in the future.

I hope you will be able to mention my services. Yours sincerely, James O’Donnell. Tel: 020 8349 9855 & 07976 944197
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I trust that these mid-issue updates continue to assist with your property investment success.
Best regards,
Peter Parfait

The Positive Club

“chunk, chunk, chunk, chunk, chunk!”
 
On Wednesday 12th 12.53 pm. I was driving back from a meeting - and listening to a fascinating programme on the radio (of course - only as I was changing the CD of the audio learning program I’d been listening to!!). It was all about The Royal Mint – the place that makes all the coins of the realm in the UK.
 
In the background of the interview a machine was chunking out one pound coins at the rate of about 150 a minute.
 
Chunk, chunk, chunk, chunk, chunk!
 
That’s 9,000 pounds an hour (approx. 18,000 dollars these days)
1,512,000 per week – 78,624,000 per annum
 
Oh – what would you and I give for one of ‘those’ machines?
 
Well…
 
My mind (it says some great stuff to me, sometimes!) said, “Hey Peter; are you concentrating ‘just’ on your front line income or are you really taking enough action on the secondary and tertiary income streams as well?”
 
It’s easy isn’t it - just having our focus on the main river of income that we generate by often - swapping time for money.
 
The challenge with that is – we run out of the former before we have enough of the latter!
 
It makes a great deal of sense to enjoy a series of smaller streams that can join the main river and send – a mountain of water gushing towards your bank account.
 
Chunk, chunk, chunk, chunk, chunk!
It’s a bit of a mixed metaphor – but you know what I mean.
 
Possibilities:
 
Residual income from previous actions - perhaps even royalties from previously written material
Rental streams and real estate
Stocks and shares
The Internet – maybe selling on e-bay
Having agents or representatives
Earning a commission from introductions
Referral systems
Who knows?
The list is truly endless!
 
So perhaps the question is:
 
How can you create a money-making machine that ‘chunks’ out money just like the Royal Mint?
 
Chunk, chunk, chunk, chunk, chunk!
 
Chunks it out whilst you’re sleeping, playing, eating or lazing on a beach!
 
If you have any have any ‘sparky’ ideas on this just let me know
peter@tgimondays.com
 

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