Convenience Store • Campground

Online Only Auction

Amonett's Eagle Auction & Realty, LLC

6980 Sparta Hwy.

Sparta, TN 38587

Date(s) 4/13/2017 - 4/27/2017

Bidding Starts: Thursday • April 13, 10 AM Bidding Ends: Thursday • April 27, 4 PM

Past Auction

Online-Only Auction

Catalog

View Catalog (2 Lots)

Bidding Notice:

This is an internet-only auction. All bidding activity will take place online.

Auction Information

Name	Convenience Store • Campground
Auctioneer	Amonett's Eagle Auction & Realty, LLC
Type	Online-Only Auction
Date(s)	4/13/2017 - 4/27/2017
Auction Date/Time Info	Bidding Starts: Thursday • April 13, 10 AM Bidding Ends: Thursday • April 27, 4 PM
Preview Date/Time	NA
Checkout Date/Time	Purchaser will be required to sign a uniform purchase contract and pay 15% deposit by April 28th, 2017 no later that 3 PM.
Location	6980 Sparta Hwy. Sparta, TN 38587
Buyer Premium	Ten Percent Buyers Premium
Description	Convenience Store • Gas Station * Restaurant & Campground Online Only Auction 6980 Sparta Hwy. • Sparta, TN Bidding Starts: Thursday • April 13, 10 AM Bidding Ends: Thursday • April 27, 4 PM Convenience Store, Gas Station, Restaurant and Campground with Real Income Potential! This property sits on the main thoroughfare on the East side of beautiful Center Hill Lake and close to Sligo Marina and Ragland Bottom Recreation Area. This property consist of five acres with fifteen camping sites with water and electric hook ups. The convenience store/restaurant was remolded and updated in 2015, and consists of an eleven door walk in cooler, plenty of sales space, a full commercial kitchen, on and off premise beer license, ample restaurant seating, managers office, surveillance system, plenty of storage space and restrooms. There is also a one bedroom, one bath apartment/living quarters. The apartment has it's own front entrance and could also be used for separate business. There is also a 448 square foot attached garage. A new eight ton commercial HVAC system was installed in 2016. A new septic tank for the store was installed in 2016. A new septic tank for the campgrounds in 2014, and a 12,000 gallon underground fuel storage tank.

Terms and Conditions

**Extending Bidding does apply** *If you are outbid during the last seconds of the auction you will be given 5 minutes to make another bid. 1.) 10% buyers premium applies to final bid to establish sale price. 2.) Property selling "as is, where is" having invited buyers to inspect the property prior to bidding, no warranties guaranteed or implied. 3.) 15% deposit at conclusion of sale, with balance due on/before 30 days. 4.) Prorate 2017 taxes. Seller provides deed. 5.) Purchaser will be required to sign a uniform purchase contract and pay 15% deposit by April 28th, 2017 no later that 3 PM.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 9,999,999.99	1,000.00 USD

Payment Information

Currency	USD
Buyer Premium	Ten Percent Buyers Premium
Payment Terms	Payment: Cash or check

Shipping / Pick Up

N/A

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.