Auction Every Sunday at 11am Viewing Times & Valuation Hours
There are many ways to get items valued that you would like to consign for auction. From coming by in person, to emailing us; let us show you how…
You can either:
- Bring items in person to be valued and the team will assess if they are suitable for auction. We can carry out on-site valuations Tuesday and Wednesday each week, or any other time by appointment only. Alternatively, are happy to make a provisional valuation from clear photographs.
- In some cases a member of staff can conduct valuations of items in situ. Please contact our valuations department to talk over this option.
- Too busy to stop by in person? Email the valuations team with as much detail as possible and measurements, attaching jpegs or pdfs of the item: valuations@lotsroad.com
- For all painting and picture valuations, email: paintings@lotsroad.com with dimensions and artist information.
Important Information
Remote valuations are subject to change upon inspection.
All vendors will be asked to sign the Booking in Receipt and agree to the Terms and Conditions, which form our contract with you.
Valuation days, offering a full service are: Tuesday and Wednesday 9am to 5pm. It is best to contact valuations before visiting to ensure the relevant staff are present.
If you would like to have an item valued at another time, please make an appointment by emailing valuations@lotsroad.com.
Useful information
- The latest time for consigning an item for an upcoming auction is 3pm on Wednesday.
- After this time, accepted items will be placed into the next auction to make sure they have enough exposure on upcoming viewing days.
- If the valuations team decide an item is more suitable for a specialist auction, it will be held back for that particular event.
- Acceptance of items for auction is dependent on inspection by the team and a value agreement by both the team and the vendor.
- There is a minimum expected value of £200 on individual items and a minimum total consignment value of £500.
Tel: 020 7376 6836
Email: valuations@lotsroad.com
Please remember:
- Acceptance of items for an upcoming auction is based on inspection and value agreement.
- There is a minimum expected value of £200 on individual items and a minimum total consignment value of £500.
- Items valued and accepted into the sale can be delivered to the showroom from 9-5pm Tuesday to Wednesday.
- We recommend Callaghan and Newbury as carriers for multiple or large items.
When consigning to us, sellers will need to provide the following information:
- Full name and address
- Contact telephone number and email address
- Bank account details (payment is made by BACS transfer 18 days after the sale)
- Sign the Booking in Receipt confirming agreement to the reserves & estimates and our Terms and Conditions.
The minimum value consignment is £500. This is negotiable subject to the quality and suitability of the item/s.
Value Added Tax is charged at the current rate and is payable on all commission and charges.
Standard commission 15%
25% commission is charged on the following:
Large or heavy items, i.e. wardrobes/linen presses, chests on chests, armoires, folding screens, chaise longues, mirrors over a metre (100cm), sets of chairs (set of 6 and over), beds, sofas, pianos, anything with glass or marble, large dining tables, marble fire surrounds, dining suites, mirrored furniture, sideboards, chandeliers, lanterns (anything hanging), sectional furniture, curtains, baths, snooker tables, pictures over 1 metre, large carpets, large desks, quantity lots, i.e. dinner services and glasses.
It is the vendor's responsibility to ensure that individual commission rates are confirmed.
Reserves should be agreed with the Valuer at the time of consignment and may not be raised after a receipt has been issued.
There is a minimum commission charge of £40 per lot + VAT.
Charged at 2% of the hammer price of each lot sold (or the expected price for any unsold lots), with a minimum charge of £5 per lot + VAT.
Charged at 20% of the latest expected hammer price, with a minimum of £100 per lot + 2% Loss and Damage Warranty + VAT, (e.g. a £600 lot will be charged at £132 + VAT, a £1500 lot will be charged at £330 + VAT)
At our discretion these will be re-offered automatically in the next available auction WITHOUT RESERVE, unless:
£20 per lot each week will apply + 2% (minimum £5 per lot) Loss and Damage Warranty + VAT.
£20 per lot per day + VAT on uncollected lots, as from 2pm Tuesday. Sale proceeds may be withheld until Vendors have collected any lot not being re-offered. All unsold lots un-collected after 48 hours will be given to charity or re-offered without reserve.
When leaving items with us you will need to provide -
A statement will be posted containing information of the sale results and breakdown of all charges. Payment by direct bank credit, 18 days after the sale providing:
Any queries or discrepancies on receipt of pre-sale, post-sale advices and/or statements must be communicated to the relevant valuer/s as soon as possible. LRA are not held responsible for errors of description, genuineness or authenticity of any lot.
All NEW hardwood furniture, will not be accepted for auction, unless a valid certificate complying with FSC (Forest Steward Council) or similar standard is provided.
Published on our website from 6pm each Sunday or call us on 020 7376 6800. An email post-sale advice will be sent on Sunday evening.
LRA will use information provided by its clients or obtained by LRA relating to its clients for the provision of auction related services, insurance, marketing and to manage and operate its business, or as required by law.
LRA may wish to record and review video images of you and or telephone conversations for security or legal reasons or as necessary to provide a higher quality of service.
Clients agree that we may use any sensitive information that they supply to us. Unless by law, LRA will not process sensitive personal data without express consent.
Governing Law These Conditions of Business and all aspects of all matters, transactions or disputes to which they relate or apply shall be governed by and interpreted in accordance with English law.
Jurisdiction For the benefit of LRA, all Vendors agree that the Courts of England are to have exclusive jurisdiction to settle all disputes arising in connection with all aspects of all matters or transactions to which these Conditions of Business relate or apply. All parties agree that LRA shall retain the right to bring proceedings in any court other than the Courts of England.
Service Proceedings All Vendors irrevocably consent to service of process or any other documents in connection with proceedings in any court by facsimile transmission, personal service, delivery by mail or in any other manner permitted by English law, the law of the place of service or the law of the jurisdiction where proceedings are instituted, at the last address of the seller known to LRA or any other usual address.
We assume and expect all items to be in excellent condition unless you have clearly told us otherwise. Any items deemed imperfect, damaged, broken, stained etc. may be rejected on arrval. If you are sending down modern upholstered furnishings it is a legal requirment that they have UK fire safety labels on them, otherwise we are not able by law to accept them into the building. Any items left for valuation but deemed unacceptable must be collected within 48 hours or storage will be charged. LRA hold no liability for any items uncollected after this time. Unclaimed goods will be donated to charity.
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Monday
10am - 6pm
Tuesday
10am - 6pm
Wednesday
10am - 6pm
Thursday
10am - 6pm
Friday
10am - 6pm
Saturday
10am - 6pm
Sunday
9am - 6pm
Please note: We are only open for viewing on the above days.
Tuesday
10am - 5pm
Wednesday
10am - 5pm
Please note: We can only view & consign items on the above days.
Monday
9am - 6pm
Tuesday
9am - 6pm
Wednesday
9am - 6pm
Thursday
9am - 6pm
Friday
10am - 6pm
Saturday
10am - 6pm
Sunday
9am - 6pm
Auction On Sunday - 11am