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Commercial Property Auction
September 18 @ 1:15 pm - 2:30 pm
THE EAGLE EXPRESS MARKET
Saturday, September 18, 2021 • 1:15 PM (EST)
29542 Rhea County Hwy, Spring City, TN 37381
Owner must sell due to health conditions. Location is licensed to sell beer, tobacco & Lottery. Fronts Hwy 27. Online bidding begins September 10, 2021 at 1:00 PM(EST)
FOR ONLINE BIDDING CLICK LINK
TERMS: A 10% non-refundable deposit of the contract price will be required day of sale. Each purchaser will also be required to sign a promissory note for the full purchase price which will become null and void upon closing of the sale. This property is being sold as is without contingencies financial or other, so please make any needed arrangements. Closings will take place on or before 30 days from sale day. This is a 10% Buyers Premium auction (15% if bidding online). Information deemed reliable but not guaranteed. Announcements made day of sale supersede any and all printed or verbal statement made by the Owners or the Auction Co.
Kennedy Real Estate & Auction will be held harmless, if the internet service fails to function properly or correctly, power outages, computer or internet complication’s, before, during or after the auction. Kennedy Real Estate & Auction Co will not be responsible for any missed bids from any source and we reserve the right to withdraw, rearrange and or extend properties, on line internet bidding, without notice, at the auction company’s sole discretion. Online bidders: Sometimes we may use several online internet providers, so you will receive an email from us, if you are the actual winner of the item. In the event of a tie bid between internet bidder and floor bidder, the tie will always be awarded to the floor bidder.
DIRECTIONS: From the intersection of Piccadilly Ave (at McDonald’s) & Hwy 27 (Rhea Co. Hwy) take Hwy 27 north approx. 6.9 mi to sale site on right.
Zoned commercial, fee simple.
Above ground gas tanks are owned.
2020 County taxes $1828.19
Pumps & signage owned
No tank fees.
Sale includes all fixtures, shelving, office equipment, security system, beer coolers, counters & lighting.
Does NOT include stock, groceries, cigarettes, tobacco or fuel.
An independent company will take an inventory of all products up to the day of closing and the purchaser will pay owners the wholesale price agreed or the owners will liquidate all stock prior to closing of the Real Estate purchase.