Name Duck River Country Store
Auctioneer Hudgins Auctions
Type Online-Only Auction
Date(s) 3/31/2021 - 5/13/2021
Location 4230 Hwy 50 E
Duck River, TN 38454
Buyer Premium 10% of the Bid Amount will be added
Southern Hospitality served up Country Style... Duck River Country Store located in historic Duck River, Tennessee (Hickman County) 4230 Hwy 50 E - Duck River, TN This century old country store has been serving up "Country" for almost 100 years, since 1930. Back in the day, the community depended on these country stores for not only their basic goods, but local news & entertainment serving as the social center of the community. The ladies around the Duck River Country Store say "more fish have been caught by men standing around the old stove than Duck River can hold!" This local attraction has definitely remained the place where local sportsman stop for food and drink while sharing the bragging rights to their most recent harvest or catch (most often exaggerated). If only these old wooden floors could tell the tales of decades past. Like most classic, old-fashioned country stores & markets, the Duck River Country Store boasts of a food counter where everything from pizza, burgers and a host of "Comfort Food" items are lovingly served for customers to enjoy dining inside or out on the picnic tables. This country market features all the charm and characteristics people come to expect in the local country store...punched tin ceilings, wooden floors, high ceilings, open shelves, central food counter, and lots of Southern Hospitality! Come visit! Located just one mile off the Natchez Trace Parkway, this is a destination location for many travelers through the region. Why would the current owners even consider parting with such a regional landmark? Selling for health reasons... The building was built early 1900's and features 1,728 square feet. The lot has 197' of frontage on Highway 50 and 107' on Hoover's Road. This is a corner lot! The Duck River Post Office is located behind the Duck River Country Store. Bid Online - Opening Bid: $100,000.00 Bidding Ends Thursday, May 13th at 6;00pm Bidding increments are set at a minimum of $5,000, but feel free to bid more! David Hudgins, auctioneer - TN Lic# 4787 There is a 10% Buyer's Premium added to bid to determine final purchase amount.
Auction Terms & Conditions PROCEDURE: The property will be sold as a whole - Purchase includes "business & equipment" DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashier's check. The balance of the contract purchase price is due in cash at closing within 30 days. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. ACCEPTANCE OF BID PRICES: The successful bidder will sign a purchase agreement immediately following the close of online bidding. Seller reserves the right to accept or reject the high bid. BUYER'S PREMIUM: A Ten percent (10%) Buyer's Premium will be added to the final bid price to arrive at the total contract purchase price paid by the Buyer. CLOSING: Closing shall take place 30 days after the contract has been fully executed, or as soon thereafter as applicable closing documents are completed. POSSESSION: Possession will be given at closing - Date of Deed. TITLE: Seller shall execute a proper deed (General Warranty Deed) conveying the real estate to the buyer(s). Property will be conveyed with good, clear title. Buyer has the option to purchase TITLE INSURANCE. REAL ESTATE TAXES AND ASSESSMENTS: The current year taxes on said Property shall be prorated to the date of closing. EASEMENTS: Sale of said property is subject to any and all easements of record. SURVEY: No new survey - Selling per existing deed. AGENCY: Hudgins Auctions and its representatives are Exclusive Agents of the Seller. ZONING: Currently, the property is Residential UTILITIES: Water - Electricity - Septic System DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this website listing and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The auctioneer may UPDATE these Terms prior to the auction end date and time. Any changes will be made known to all registered bidders. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the auction company. Each registered bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this listing is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All acreages are approximate and have been estimated based on either the current survey, deed of record or property assessor's report. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 2,000,000.00 5,000.00 USD
2,000,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% of the Bid Amount will be added