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How much is the Auctioneer's commission and who is liable to pay this?

The Auctioneer's fee is payable over and above the bid (Hammer) price. The Buyer is liable to pay an Auctioneer's commission of 10% plus VAT.

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Swindon Property is a leading commercial and industrial real estate organisation and the commercial associate for international real estate advisor, Savills, for sub-Saharan Africa.