Lot 29 - 49 Parliament Street, Hebburn, Tyne And Wear, NE31 1ED

You are not restricted to placing a bid at the minimum bid amount, but can instead increase your bid and place a maximum (proxy) bid in the system. By setting a maximum bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your maximum bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose. You also have the option to decrease your proxy bid.

If two or more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.

The online auction will close as per the advertised 'End Date'. However, if a bid is placed within the final 600 seconds of the auction's scheduled end time, the auction will be extended by an additional 600 seconds – known as the 'bidding extension window'.

If a bid is placed in the 'bidding extension window', the countdown clock will immediately reset to 600 seconds again, and the auction will only finish when an entire 600 second bidding extension window passes without any further bids being placed, i.e. 600 seconds of 'bidding silence'.")

NB: Do not leave placing your bid to the last few seconds. It gives you no advantage, you risk your bid not being received by the server in time and you could lose the lot to another bidder.