Storage & Collection
Collection and Removal
Buyers at their own expense will arrange to collect and remove any lot/s from our premises or the premises where the lot/s is stored following the sale by 4 p.m. on the fourth working day after the sale, time being of the essence. The Buyer will have the sole responsibility for handling, packing, moving and transporting the lot/s while it is still on our premises or the premises where the lot /s is stored following the sale.
We will make the lot/s available for collection by the buyer where the lot/s are stored upon the buyer having complied in full with their obligations to make payment pursuant to the Contract of Sale and the MAGELLAN Contract.
We will store the lot from the fall of the hammer (as bailee for the Buyer), and the lot will not become the property of the buyer until the buyer has complied in full with their obligations to make payment pursuant to the Contract of Sale. The lot will be stored at our premises until the date and time stipulated in the catalogue and will, thereafter, be moved to off-site storage at an address stipulated in the catalogue.
In the event that the Buyer fails to collect the Lot by the time stipulated in Condition 27, THE MAGELLAN CENTRE shall be entitled to levy a handling fee of £15.00 (+VAT) per lot, as well as a storage charge of £10.00 (+VAT) per lot per day for medium to large furniture, carpets and larger works of art. For small furniture and objects a handling fee of £6.00 (+VAT) per lot as well as a storage charge of £6.00 (+VAT) per lot per day