No VAT will be charged on the hammer price, but VAT at 15% will be added to the buyer's premium which is invoiced on a VAT inclusive basis.
The sheet is in good overall condition and the colours are strong and fresh. On close examination there is a small area of abrasion in the water in the lower left corner. The watercolour is in acid free housing and could be hung without further attention. The catalogue entry is a fair representation of the work.