fbpx

Auction Details

 

Type

Live Auction

Auction Dates

May 24th, 2022

Description

AUCTION
Including Commercial Real Estate
TUESDAY MAY 24
10:00 a.m.
103 North Main St, Waldron, AR
Stockyard Steakhouse
Directions: Across from Waldron Livestock Auction on North Main St.

Appx 3,000 sf metal building w/large open dining area, large kitchen, 2 ½ restrooms, walk-in freezer & more! Great location for your business or restaurant.
 10% Buyer’s Premium on real estate only. Please click on ‘terms’ tab for complete list of terms.  Real Estate sells at 10 am.

Equipment
Restaurant Equipment: Scotsman Ice Machine Model N0422A-1A – Frigidaire Commercial Freezer – Arctic Air Commercial Freezer – Amana Freezer – True Reach-in Cooler – Hussman Ice Cream Freezer – Wolf 6-Burner Gas Stove – Rankin Deluxe Gas Grill – Wolf Gas Grill – (2) Gas Deep Fryers – 4′ Pie Cabinet – Wells Warmer – 4′ True Prep Bar – Chefmate Meat Slicer – 5′, 6′ & 7′ SS Tables – 2-Vat SS Sink – Roll Around SS Cart – Dunnage Rack – Rubbermaid Roll Around Cart – Microwaves – Warming Lamps – Can Opener – Scales – Bacon Presses – SS Pots, Pans & Bowls – Lots of Dishes, Coffee Cups – Coke Glasses – Knives – Silverware – S&P Shakers – Rubber Mats – Royal Cash Register
Furniture, etc: (9) Booths – Restaurant Tables – Appx 40 Restaurant Chairs – High Chairs – John Wayne Pictures & Cut Out – Long Horn Mount – 7′ Wood Bench – Cream Can
Excellent!
Note: Complete liquidation of this nice restaurant including the real estate. This is a great location for any business – lots of possibilities!

All announcements day of sale supersede this ad

Terms and Conditions

Looper Auction & Realty II, LLC
4525 Palestine Road,
Huntington AR 72940
(479) 996-4848
Terms
Registration finalizes – Each bidder agrees to terms and conditions of sale. Do not bid unless you agree to be bound by these terms. Property to be sold as is where is with faults, without express or implied warranties of any kind. Buyer is to perform all inspections prior to auction with professionals of their choosing.  

. Looper Auction & Realty II, LLC represents the sellers only and does not inspect properties on behalf of buyers and assumes no responsibility for the correctness of any descriptions.

Buyer must make a 10% non-refundable deposit at the conclusion of bidding. Buyer must also execute the sales contract and property disclosure (if available) which will be posted prior to the auction. Balance of purchase price along with all closing costs will be due within 30 days. Buyer to pay all closing costs including 10% buyer’s premium, title insurance, revenue stamps, closing fees, survey, filing costs, and any other fees. Seller will cure any title problems if necessary. Taxes will be pro-rated to day of closing. Properties sell subject to court, bank or seller approval. The court, bank or seller retains their right to bid or have someone bid on their behalf. Possession will be upon closing with filing of deed. 10% deposit will be refunded if seller defaults. Property is sold with no contingencies, buyer should conduct all inspections required by lender prior to auction. If a lender is being used, buyer should be pre-qualified.

Purchase price is amount of highest bid plus 10% buyer’s premium to make a total purchase price. Buyer to make a 10% non-refundable deposit of the total purchase price.
***Example – High bid is $500,000
$500,000 plus $50,000 = $550,000
10% non-refundable deposit = $55,000
All information given orally or in writing was derived from sources believed to be correct, but is not guaranteed. All real estate dimensions are only approximations. Buyers shall rely entirely on their own information, judgment and inspection of the property and records

Location