Important Announcement Regarding Bristol Cars Ltd. Sale of Branding, Trademarks and IPR

Sale Type: Private Treaty Sale
Currency: GBP
Date posted: 14/08/2023

On Instructions from the Liquidators of Kamkorp Limited

Contact: David Fletcher
T:  01442 832234
E: david.fletcher@wyleshardy.com

Description

IMPORTANT ANNOUNCEMENT

It has been noted that a recent refresh of our website has created some consternation amongst those following the continuing saga surrounding the fate of the remaining physical assets of Bristol Cars Limited and the historic brand and associated IPR (trademarks) of Bristol Cars Limited (believed to be vested with Kamkorp Autokraft Limited in Liquidation).

Wyles Hardy & Co. would therefore like to apologise for any confusion caused and confirm that a disposal of the historic brand and trademarks is currently in abeyance pending a formal confirmation of where title is legally vested.

At the same time we still hold the archive of design drawings and sales records etc, a 1949 Bristol 400 saloon and the 1966 Bristol Bullet Speedster in order that they may be offered alongside the historic brand and IPR if and when the time comes.

However, offers are currently being considered for the 2016 Bristol Bullet Speedster (Project Pinnacle) prototype car and associated assets. This prototype car is now running and driving though has not been through type approval and cannot legally be used on the road.

For further information and to progress your interest please contact David Fletcher on 07967 508542 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

Private Treaty Sales by on Instructions from the Liquidators of Kamkorp Limited.

Viewing: Viewing and inspection of the goods included in this sale will take place at Wyles Hardy & Co Ltd, Ley Hill Road, Bovingdon, Hemel Hempsted, Hertfordshire, 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 on site.

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.

Form of Offer: The offer must be submitted in writing to Wyles Hardy & Co Ltd, Ley Hill Road, Bovingdon, Hemel Hempstead, Herts., HP3 0NW, by email to david.fletcher@wyleshardy.com.

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.

Non E.C. Buyers: VAT will be levied on all Buyers 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 (if charged) under any circumstances, nor where the Bill of Lading is not received within 30 days of the date of purchase. If outside the 30 day timescale, Buyers will need to liaise direct with HM Customs & Excise.

N.B. Buyers are solely responsible for obtaining export licences from the UK, and export or import licences in the countries of destination and transit, where required.

E.C. Buyers: 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.

Payment & Terms: All purchases must be paid for in full in pounds sterling before collection.

Payment to be made by :

Telegraphic Transfer: Payment may be made by electronic bank transfer (Chaps, Swift, etc) please contact the office dealing with the disposal for relevant details.

In making such a payment, to aid its identification, please ensure that the remitting Bank include your paddle number, invoice number and any other references shown in the schedule and notices to purchasers/notices to a particular sale

Bankers Draft: Please note Wyles Hardy & Co. NO LONGER accept Bankers Drafts as payment for purchases.

Cash: Limited to £500 maximum transaction value, payments above this sum will not be accepted in cash.

Debit Cards: We accept the following debit cards, Switch, Delta, Electron and Connect – we do not accept Credit Card payments. Please note that Debit Card transactions will only be accepted using Chip and Pin when presented in person by the card holder with a second form of ID. Buyers intending to use this payment method must ensure that they hold sufficient cleared funds in their account to meet their expenditure. Payment in full by debit card will allow Buyers to clear their purchases immediately following the purchase (including motor vehicles).
Accounts must be settled in full before collection can take place.

Payment & Collection Terms: It is the responsibility of the Buyer to advise Wyles Hardy & Co Ltd of any special requirements, particularly any relating to export or VAT exemption. (Please refer to the specific paragraphs in the Schedule with regard to VAT).

Non Transfer of Lots or Items: No lots or items may be transferred between Buyers. Wyles Hardy & Co Ltd will accept payment only from and permit removal of lots or items by the Buyer to whom the Lot or item is invoiced.

Insurance of Lots Or Items: The Buyer is at risk from notified of acceptance of offers tendered and is advised to obtain immediate and adequate insurance.

Buyers of motor vehicles and/or road-going powered plant are responsible for ensuring that prior to use on the road, that in all respects the vehicle complies with all legal requirements as to the construction and the use of such a vehicle and further more for obtaining all certificates, permits and other authorisations necessary.

Odometer/Hour Meter Readings: Odometer/hour meter readings are quoted for information purposes only and maybe incorrect, buyers should satisfy themselves by their own enquiries as to the mileage / Kms and/or hours worked by any vehicle or mobile plant included in a sale by Private Treaty.

Removal of Purchases: Clearance of purchases will take place by appointment at the buyer’s expense from Wyles Hardy & Co, Ley Hill Road, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0NW at the buyer’s expense. 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.

Smoking: Is not permitted at the premises where the goods are available for inspection.

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 Hiscox Insurance Company Limited, 1 Great St Helen’s, London EC3A 6HX.