Southern Trails Restaurant - Contents, Furniture & Fixtures

Northern Kentucky Auction LLC

 

Date(s) 4/12/2017 - 4/27/2017

Auction starts to close April 27, 2017 at 7:00PM

Past Auction
Online-Only Auction
Bidding Notice:

BRING BOXES There are many items per lot, while some are boxed the majority are not. WE will not have extra boxes on site. - BRING HELP - If you win any large items you MUST bring your own help to load, we will not have staff on site to help load. Please refer to the Shipping / Pickup tab for more information.

Auction Notice:

This was a quick sale notice, we were not able to sort as well as we normally would. Most lots have several items. We were not able to look in every box, examine or test every item. There may be many hidden treasures and you never know what you might find in a box. Everything sold "as is" no returns for any reason. All sales are final.

Auction Information
Name Southern Trails Restaurant - Contents, Furniture & Fixtures
Auctioneer
Type Online-Only Auction
Date(s) 4/12/2017 - 4/27/2017
Auction Date/Time Info
Auction starts to close April 27, 2017 at 7:00PM
Preview Date/Time Preview April 19 from 5PM-8PM and April 25 from 5PM-8PM
Checkout Date/Time Check out for all personal property April 28 from 10AM-6PM Check out for all large items and fixtures April 29 from 10AM-4PM Please note, we have no flexibility past April 29. The wrecking crew will be there May 1 at 8AM to tear down the building. Items not picked up by 4PM April 29 will be buried in rubble.
Location
Buyer Premium 10% Buyer's Premium
Description
ONLINE BIDDING ONLY. The former Southern Trails Restaurant has been sold and ALL personal property and fixtures MUST be sold and removed. This is a HUGE auction with many large lots. All fixtures must be uninstalled, bring your tools. Lighting/electrical items must be uninstalled by licensed electrician. PICK UP DARE FOR LARGE ITEMS IS SATURDAY 4/29. Southern Trails was opened in the 1950's by the late Walter Herzig. Walt, was a graduate of Lausanne, Switzerland Hotel Management. After several years of experience in European countries, Walt came to New York, later to Florida. Upon coming to Cincinnati, Walt worked in the largest and best hotels and with his world-renowned experience and the fact he spoke seven languages he eventually landed as the maitre'd at the Masonette. On Sundays, Walt operated Southern Trails. Original family style meals served in bowls with top quality entrees made to order. You could get a choice 14 oz T-Bone steak, cooked to order, for $1.95, which included all you can eat sides dished for your entire party. The restaurant closed in 1989 but Walt continued to operate a catering business for several years and occupied the generous second floor apartment. The real estate has now been sold and we have been authorized to sell at auction all personal property and fixtures from Walts apartment, all kitchen equipment, dining room, beautiful wood bar, private party room and many, many rooms of storage. We have many attached fixtures in this auction as noted in the item description. Fixtures pick up will be April 29, 2017 from 10AM-6PM. You must remove and uninstall all fixtures in a professional manner. Any electrical items must be removed by a licensed electrician.
PLEASE READ ALL TERMS AND CONDITIONS BEFORE BIDDING. BY BIDDING, YOU ARE AGREEING TO THESE TERMS AND CONDITIONS – These Terms and Conditions are general auction terms and conditions. Additional Terms and conditions specific to each individual auction or lot may apply. PLEASE NOTE THAT ALL ONLINE AUCTION SYSTEMS ARE SUBJECT TO VARIOUS INTERNET SPEEDS. YOU ARE ENCOURAGED TO USE THE MAX BID FEATURE AND YOU ARE ENCOURAGED TO NOT BID "AT THE LAST SECOND". ENTER YOUR BIDS PROMPTLY TO ALLOW THE ONLINE SYSTEM TO PROCESS ALL BIDS IN A TIMELY FASHION. GOOD LUCK! A 10% Buyers Premium applies to all bids and is due and payable in full with the final payment. All assets can/will be charged to your cedit card on file soon after the auction closes unless noted. All credit cards transaction must clear before items can be removed, You will be emailed a invoice when your transaction has cleared. Invoices are required for item removal NO CREDIT CARD FEES WILL BE CHARGED TO THE BUYER. NO REFUNDS WILL BE ISSUED ON ANY ITEM FOR ANY REASON WHATSOEVER. All of our auctions feature a soft close. If a bid on any item is received within three minutes of close, that item will automatically extend for three minutes. Each time there is bidding activity within the last three minutes of the item close bidding will continue to extend three minutes until there is no bidding activity within the last three minutes of the current close time. All assets are being sold in "As-Is, Where-Is" condition and with all faults. Neither the Seller nor Auctioneer makes any warranty, express or implied, as to the nature, quality, value or condition of any asset. Auctioneer and Seller expressly disclaim any warranty of merchantability or fitness for a particular use. No sale shall be invalidated by reason of any defect or inaccuracy in any description or listing, and no liability shall be borne by the Auctioneer with respect to such errors. All information has been obtained from sources generally believed to be reliable, but the accuracy cannot be guaranteed or warranted by the Auctioneer. Bidder acknowledges it is their responsibility to inspect all assets and to make their own inquires. Please verify all quantity counts. In the event of a quantity count difference, the final transaction price will be adjusted on a pro-rata basis only. IMPORTANT DISCLAIMER ON ASSET CONDITION - If you are purchasing any assets without viewing them, you are doing so at your own risk. We will do our best to provide photographs of each asset being sold. At Northern Kentucky Auction, we do not use "stock" photographs or use one photo to represent multiple lots. Our policy is to provide at least one photograph of every lot that you are purchasing. Northern Kentucky Auction LLC Reserves the right to change/alter descriptions as needed to better describe and preserve accuracy. Shipping and Removal - Items may be picked up in person as outlined in the Auction Description. We also provide shipping services as outlined below (not available for all auctions), or you may arrange your own pickup and/or shipping. USPS / UPS / FedEx Shipping is available at our cost plus 10% Handling ($5 Min/$20 Max Handling Fee). There will also be an additional 1% ($1 Minimum) added to cover shipping insurance. We will be happy to assist with arranging freight at buyer's expense for items too large, heavy, dangerous and/or fragile for regular package delivery service. Additional handling and/or material charges will apply. Shipping is calculated and charged separately and after your invoice for items, fees and taxes has been paid in full. Should damage occur during shipping you will need to contact the shipper to make a claim. If you are unable to pick up your items during removal times and by the removal deadline, and do not make arrangements for shipping, a storage fee of $10 per day will be charged starting with the day after the removal deadline. You may avoid storage fees by paying for your items by the payment deadline, and notifying us by the removal deadline that you wish to abandon your items. Abandoned items will be disposed of or resold at our discretion without compensation to the buyer. Non-paying bidders will be banned from our auctions, and we reserve the right to share this information with other auctioneers directly and/or through our auction platform, and that information may be used to prevent you from bidding on their auctions as well. You must be at least 18 years old to bid Third party shippers must present your paid invoice before items will be released. Once items are released by the winning bidder to a third party, such as a shipping or moving company, Northern Kentucky Auction, LLC, assumes no liability. Each winning bidder is responsible for paying 6.0% Kentucky sales tax (unless tax exempt) on their purchase directly to the Auction Company. If a winning bidder is exempt, they must provide a copy of their tax-exempt certificate to Northern Kentucky Auction prior to or at time of payment / checkout. . Additional terms may be announced or modifications may be made as necessary and items may be removed prior to any bids being received at the auctioneer's discretion. These terms are subject to change. Technology Disruptions; Failures by Online Auction Platform Provider and its Affiliates or Contractors. Auctioneer will not be responsible for technology disruptions, errors, or failures (including disruptions to bidding or the failure to execute, recognize, or record online bids), whether caused by (i) loss of connectivity, breakdown, disruption, or failure of the Online Auction Platform, (ii) breakdown, disruption, or failure of a Bidder;s internet connection, computer, or system, or (iii) otherwise, Auctioneer may, but will not be required to, continue, suspend, delay, extend, reschedule, or close the Auction because of disruptions caused by technology failures, even after bidding has commenced, Under no circumstances will Auctioneer be liable for an failure of the Online Auction Platform Provider to perform all or any of its obligations. Or for the failure of any affiliates, employees, agents, representatives, or contractors of the Online Auction Platform Provider to perform their obligations. Bidding Tips: . Maximum Bid: Using the "maximum bid" feature can be a real time and stress saver . Sniping: Due to rounding and the imprecision of minutes left, do not wait until the last minute to bid. Sniping doesn't work with the "soft close" system;. Give yourself a cushion of time to make sure that you don't lose the items. Questions: All questions regarding any auction should be directed to Northern Kentucky Auction LLC.. Any member of our staff would be happy to answer your questions and make this an enjoyable auction experience for you. Northern Kentucky Auction, LLC 5285 Madison Pike Independence, KY 41051 859-525-6777 douggar@gmail.com Auctioneer Douglas A Garner 859-391-2100 Registration: Registration is free but does require several important pieces of information. As with our live auctions, bidders must be registered with a full name, address, and telephone number. An email address is also required so bidders may be sent winning bid notifications and auction invoices. Information from a credit card is to be held on file. This information is obtained to deter defunct bidding. Registration may only be completed with an acknowledgment that the bidder has read and understood all terms and conditions for the sale and online bidding. Each registered bidder will be assigned a bid number which may be used on this auction. Bidding: Online bidding is to be understood as a binding contract. Bids will be taken with the understanding that the bidder will honor their winning bid with sufficient funds including all applicable taxes and fees. Do not bid if you do not intend to pick up or arrange for your items to be shipped.. Notification of winning bids will be sent via email along with an auction invoice within 24 hours of the auction’s close. Bidding Increments are used in all of our auctions. Increments reflect the minimum amount of bid increase for the designated dollar values : Up to $19.99 - $1.00 increment Up to $49.99 - $2.00 increment Up to $99.99 - $5.00 increment Up to $499.99 - $10.00 increment Up to $999.99 - $25.00 increment Up to $9,999.99 - $50.00 increment Up to $49,999.99 - $100.00 increment Up to $99.999.99 - $500.00 increment Up to $249,999.99 - $1,000.00 increment Up to $499,999.99 - $5,000.00 increment Up to $999,999.00 - $7,500.00 increment Up to 9,999,999.99 - $10,000 increment Close of Bidding: The bidding will begin to close at the designated date and time. For your convenience, the closing of items will be on a staggered basis of 1 items every XX seconds. (Varies per auction) We suggest using the "Live Catalogue" view. Using this view will eliminate the need to refresh your screen and will always show the next 15 items closing in the auction. The closing of some items may be extended in the event of last minute bidding. See paragraph regarding the Extended Ending feature. Penalties: Any bidding found to be fraudulent and/or negligence to provide proper payment in the allotted time will result in all appropriate legal action. Any invoice not fully and properly paid for in the allotted time will be charged to the credit card account presented at registration and the items forfeited. Delinquencies will be noted and will prevent the individual from participating in any further live or online auctions conducted by Northern Kentucky Auction, LLC. Northern Kentucky Auction, LLC . retains the right to prevent anyone from participating in this and future online auctions who does not abide by the terms and conditions of the auction or whose actions are not in the best interest of our client, the Seller. Auctioneer's Right to Bid: In accordance with KRS330.220(6)(a), it is hereby disclosed that, with permission from the seller, the auctioneer and any auction staff members reserve the right to bid on their own personal behalf.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 19.99 1.00 USD
20.00 - 49.99 2.00 USD
50.00 - 99.99 5.00 USD
100.00 - 499.99 10.00 USD
500.00 - 999.99 25.00 USD
1,000.00 - 9,999.99 50.00 USD
10,000.00 - 49,999.00 100.00 USD
49,999.01 - 99,999.99 500.00 USD
100,000.00 - 249,999.00 1,000.00 USD
249,999.01 - 499,999.00 5,000.00 USD
499,999.01 - 999,999.00 7,500.00 USD
999,999.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% Buyer's Premium
Payment Terms
All items must be paid in USD, in full, prior to removal Any items not removed by the end of the designated pick up time becomes property of Northern Kentucky Auction, LLC. NO REFUNDS on items not picked up.
NO SHIPPING FOR THIS AUCTION - All items must be picked up as follows. Small items and personally property items picked up on Friday April 29 between 10AM and 6PM. All lareg items, litchen equipment and fixtures must be picked up on Saturday April 29 between 10AM and 4PM. ALL FIXTURES MUST BE REMOVED IN A PROFESSIONAL MANNER. ELECTRICAL FIXTURES MUST BE REMOVED BY LICENSED ELECTRICIAN. ELECTRIC POWER IS STILL ON. GAS AND WATER ARE OFF. YOU MUST BRING YOUR OWN HELP TO LOAD, we will not have any staff members for loading or removal. BRING YOUR OWN BOXES.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.