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.
Sir Michael Sobell, British Radio and television icon, was born in Galicia (then part of the Austro-Hungarian Empire) and moved to England at a young age. He first became a trader in leather, then electrical goods, rapidly expanding his business to include radios and radiograms, and finally selling his company to EMI.
In 1959, Sobell and his wife, Anne hired the interior designer John Siddeley (later Lord Kenilworth) to redecorate and furnish their newly-acquired home, Bakeham House, near Egham.
Sobell will probably be best remembered however, for his altruism and philanthropic activities having set up numerous charitable trusts. He reached the zenith of every racehorse owners achievements, winning the Derby with Troy, in partnership with his son-in-law, Lord Weinstock, in 1979.