Description
On Behalf of The Joint Liquidators of Bristol Cars Limited
Offers are sought for the assets associated with ‘Project Pinnacle’ (The 2016 Bristol Bullet)
THE ASSETS ASSOCIATED WITH ‘PROJECT PINNACLE’ (THE 2016 BRISTOL BULLET)
The 2016 Bristol Bullet Speedster prototype car is another unique piece of the history of Bristol Cars Limited.
The car is clad in a carbon fibre body designed at the F&F Design Studio in Turin, Italy (https://www.ffstudio.net/project/bristol-bullet-sport-car/)
The bodywork is currently wrapped in a white vinyl wrap with black bonnet. Underneath the wrap it is painted in bullet blue metallic to match the original 1966 Bristol Bullet Speedster that inspired its creation. The cockpit is upholstered in tan leather with matching carpets with aluminium and carbon fibre dash and accents.
Underneath the bodywork sits a Morgan Plus 8 chassis having a BMW 4.8 V8 fuel injected engine mated to a 6-speed manual transmission.
View a video of the car and engine start up https://youtu.be/CkXtILgmLFQ
The car was given a temporary (2 year) registration with DVLA for prototyping purposes which has now expired but we have the original V5 registration document showing the registered number LJ65 TTX. We have never seen the car running as the programmed BMW key which came with the chassis from Morgan Motors was stolen but this link will take you to a promotional video of the car in its original paintwork which shows it to be a running and driving car. https://youtu.be/gnQQ28HaJV0.
Documentation held includes the original V5 Registration Document, the application papers for same and a file containing numerous purchase orders and notes relating to the acquisition of third party manufactured parts used in creating this prototype.
In addition, we have a suite of electronic design drawings, a number of body panels and spare parts including; Fibreglass Front Upper panel and lower valance panel, front wing lower rear panels (lh & rh), rear panel incorporating rear upper wings with rear door aperture and sill, left and right hand door skins and frames and a boot lid. Carbon fibre front end including bonnet. Tan leather upholstered dash and instrument binnacle. Two pairs of steel roll hoops.
There are also 8 timber constructed support frames for body panel mock-up/assembly of the body panels off a chassis. In addition we have a pallet of parts including 15 boxed and unused alloy wheels with numerous spare parts or parts which were trialled and not used.
The deadline for submission of offers in writing is 17.00 on Thursday 25th April 2024.
Offers can be submitted by email to David.Fletcher@wyleshardy.co.uk
For further details and to arrange a viewing contact David Fletcher on 01442 832 234 or 07967 505 542 or via David.Fletcher@wyleshardy.co.uk
Schedule and Notice to Purchasers
SCHEDULE AND NOTICES TO PURCHASERS
in respect of the following Sale By Private Treaty – On Behalf of the Joint Liquidators
Viewing: An appointment for viewing and inspection of the goods included in this sale, before the 25th April 2024, can be made by contacting David.Fletcher@wyleshardy.co.uk or on 07967 508 542 from 0930hrs to 1630hrs at Wyles Hardy & Co. Ley Hill Road, Bovingdon, Hemel Hempstead, HP3 0NW. Wyles Hardy & Co Ltd may refuse access to the viewing and inspection of the goods to anyone in its discretion without giving any reason.
Car Parking: There is limited parking at the premises. Please park having regard for other road users.
Damage: Persons attending the viewing will be held liable for any loss or damage they cause, and shall meet all costs, expenses, damages, losses and liabilities incurred in the rectification of the damage so caused, as advised by Wyles Hardy & Co Ltd.
Acceptance of Final Bid: IMPORTANT NOTE – Acceptance of all final bids is subject to prior approval by our client. Wyles Hardy & Co Ltd reserve the right to reject any bids which they feel are insufficient.
Invoicing: Invoices will be raised in the name of the registered party and due care and attention should therefore be given at the time of submitting an offer to ensure the correct details are provided. Under no circumstances will invoices be altered following their issue.
Notification: Successful offerors will be advised by email or by telephone. Upon such notification, buyers will be deemed to have been advised in accordance with 6.2 of the Conditions of Sale by Private Treaty.
Conditions of Sale: All lots or items will be sold, subject to the Conditions of Sale by Private Treaty, as shown on Wyles Hardy & Co Ltd’s website and those contained within this Schedule. Offerors are strongly advised to read them carefully and to re-visit the same from time to time to acquaint themselves with any amendments/additions.
Value Added Tax: All Lots or items are sold exclusive of V.A.T. which will be added to the Buyer’s sale accounts at the rate of 20% except those lots which are zero rated for VAT purposes as indicated.
Overseas Purchasers
On notification of the acceptance of an offer overseas purchasers must advise if the vehicle is intended for export and the destination of same and provide the following information / documents:
copy of their passport and another document confirming the identity;
details of their bankers and their UK corresponding bank;
details of their shipping agents and their UK representatives.
Value Added Tax (VAT): All lots are sold exclusive of V.A.T. which will be added to the purchaser’s sale accounts at the rate of 20% except those lots which are zero rated for VAT purposes as indicated in the catalogue.
Non E.C. Purchasers: Purchasers must advise the intention to export their purchases on offer acceptance. VAT will be levied on all purchasers at the rate of 20%. Upon receipt of a copy of the Bill of Lading detailing the purchases, a full description of the goods purchased/exported (a simple description of “box/crate” is deemed insufficient) and confirming their export outside the E.C., the VAT will be refunded. VAT will not be refunded on the buyer’s premium under any circumstances, nor where the Bill of Lading is not received within 30 days of the date of invoice. If outside the 30 day timescale purchasers will need to liaise direct with HMRC.
E.C. Purchasers: Purchasers must advise the intention for goods to be subject to an interstate transfer within the E.C. and also ensure that their local VAT registration details are provided when they first register for the sale. Upon receipt of documentary evidence giving conclusive proof that the interstate transfer has taken place the VAT will be refunded. VAT will not be refunded on the buyer’s premium under any circumstances, nor where the documentary evidence of the interstate transfer taking place is not received within 30 days of the date of invoice. If outside the 30 day timescale purchasers will need to liaise direct with HMRC.
N.B. Purchasers are solely responsible for obtaining export licences, where required.
Conditions of Sale: All lots will be sold, subject to the Terms and Conditions of sale, as shown on our website and those contained within this schedule. Bidders are strongly advised to read them carefully and to re-visit the same from time to time to acquaint themselves with any amendments/additions.
Payment Terms: All purchases are to be paid in full, no later than 48 hours from the acceptance of the offer submitted by the purchaser.
Payment to be made by :
PREFERRED METHOD OF PAYMENT – Bank Transfer: (CHAPS, SWIFT etc.) to:
Account Name: Wyles Hardy & Co Clients Account
Account No: 48914576
Bank: NatWest Bank, Harrow & Watford Branch
Sort Code: 60-00-08
Bankers Draft: Please note Wyles Hardy & Co. NO LONGER accept Bankers Drafts as payment for purchases.
All queries regarding payment should be directed to our enquiries@wyleshardy.com, quoting AF1041.
Insurance of Lots: The buyer is at risk once the buyer is notified of his successful purchases and is strongly advised to effect insurance at once, irrespective of whether title has passed. Title does not pass to the purchaser until payment has been received in full.
Buyers of motor vehicles are responsible for ensuring that prior to use on the road, that in all respects the vehicle complied with all legal requirements as to the construction and the use of such a vehicle and furthermore for obtaining all certificates, permits and other authorisations necessary. We strongly recommend that this vehicle is removed using a suitable trailer / truck, rather than being driven immediately.
Clearance of Purchases: All lots must be removed by appointment between 10am and 4pm on weekdays only from Wyles Hardy & Co. Ley Hill Road, Bovingdon, Hemel Hempstead, HP3 0NW at the buyer’s expense. The premises will be open from 10.00am to 4.00pm. Wyles Hardy & Co Ltd do not undertake packaging, postage, delivery or shipment of goods and the bidder must make his own arrangements to comply with the clearance terms. Clearance of all lots must be undertaken in accordance with Health & Safety at Work Regulations and, where necessary, Construction Design and Management Regulations 1994. The purchaser should ensure that their contractors hold sufficient public liability insurance, copies of which should be made available to Wyles Hardy & Co Ltd if demanded.
Transfer of Lots: Wyles Hardy & Co Ltd will only accept payment from and permit removal of lots purchased by the successful purchaser or their duly appointed agent.
Wyles Hardy & Co Ltd reserve the right to refuse to accept the bid of any bidder should they be unable to satisfy Wyles Hardy & Co Ltd on any of the above.
If you agree to the Terms and Conditions and this specific Notice to Purchasers you may register for this event. Registering for this event means you agree to both the BidSpotter.co.uk website’s Terms and Conditions and also Wyles Hardy & Co Ltd’s Terms and Conditions for this Sale.
Provision of Services Information: Wyles Hardy & Co. Ltd’s (whose trading style is Wyles Hardy & Co) principal place of business is Ley Hill Road, Bovingdon, Hemel Hempstead, Hertfordshire HP3 0NW, Great Britain.
Registered in England No. 2598566, Registered Office: 9 Bonhill Street, London, EC2A 4DJ, Great Britain. VAT Registration Number: GB579 1851 94.
Please note Wyles Hardy & Co Ltd issue self-billing invoices only.
Wyles Hardy & Co. Ltd operate a complaints handling procedure which is in compliance with the requirements of the RICS.
Professional indemnity insurance is provided by Aegis E&O Consortium 4605 and 1414 at Lloyd’s, Under Binding Contract No: B1309LM2117536537, Square Mile Underwriting, 6 Lloyd’s Avenue, London, EC3N 3AX.
