Waste-To-Food (in Business Rescue) – Pre-composting Plant

Live auction of a pre-composting plant
Lot Closing: 11 Nov 2019 at 15:00
Sale Method: Live Auction
By order of:

Insolvency Practitioners

FEATURING

  • Hotrot 1811 in-vessel composting system (feed hopper, simpro dump master electro-hydraulic bin lifter
    • Auger
    • Conveyer
    • Insulated hull, digesters
    • CL935 wheel loader 00325
    • 8 Hrs #HY110409 (needs mechanical attention to transmission)
  • Jarnsmior mobile compost trommel screening plant with hopper and conveyer
  • 6m shipping containers
  • Open side 6m metal containers
  • Worm hammocks (homebuilt) (Approx. 26)
  • Wheelie bins (Approx. 84)
  • Green tunnel
  • G-Pak pedal sealing machine bag sealer
  • Newlong Ind bag stitcher

NOTE TO PURCHASERS

Auction Notes:

Please note that in order to be approved for bidding, you are required to send us: the participation form (under downloadable documents), proof of payment of registration fee of R5 000 and FICA documentation.

Buyers Premium:

10%

VAT / TAX:

15%

Payment Date:

12 November 2019

Payment Type:

Wire Transfer

Collection Date:

12; 13 & 14 November 2019

ADDITIONAL NOTES

The Bidders Attention Is Drawn To The Following:

The Rules of Auction can be found under the downloadable documents tab
The assets will be sold “Voetstoots” and on “AS IS – WHERE IS” condition. It is the buyer’s responsibility to perform an inspection of the assets prior to the auction.
The Sale of the assets is non-suspensive and not subject to any feasibility or any other condition required by the buyer.

Sale / Auction Is Subject To:

A reserve or upset price
All prospective bidders must register prior to the auction and such registration requires proof of identity and residence (FICA) as contemplated in regulation 26;
A refundable deposit may be payable by a bank guaranteed cheque or Electronic Fund Transfer (EFT). Kindly provide proof of deposit.
The auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of third parties
The Auctioneer may bid for any lot or lots offered for sale at the Auction on behalf of seller but, if on behalf of the seller, not at or in excess of the reserve price

EVENT DETAILS

Bidding Opens:

11 Nov 2019 at 11:00

Bidding Closes:

11 Nov 2019 at 15:00

Asset Location:

10 Evelyn Road, Retreat, Cape Town Phillipi Fresh Market, Corner of Stock and Market Road, Phillipi East, Cape Town

Viewing Details:

Friday, 8 November 2019, from 10:00 - 15:00 @ Phillipi Fresh Market, Corner of Stock and Market Road, Phillipi East, Cape Town

CONTACT DETAILS

Contact:

Jan Eksteen

Mobile:

+27 (0) 82 806 8459

Telephone:

+27 (0) 21 702 3206

DOWNLOADABLE DOCUMENTS