UPCOMING REAL ESTATE AUCTION
TURN KEY RESTAURANT IN HEAVY TRAFFIC LOCATION!
HEARTHSTONE INN - HILLSDALE/COPAKE, NY
Are You Ready To Get Your Bank Account "COOKING"?
We're pleased to offer for auction this 3000 sq foot restaurant. Key location is right on Rte 22, 3 miles from Catamount Ski Resort, & 2.5 miles from the 2nd busiest intersection in Columbia County. DOT officials report average driveby of ~3,700 vehicles per day. Current Occupancy of 80, fully HC accessible, it has it's own well, and septic, a 1,000 gallon grease trap, a spacious really well equipped commercial kitchen (Chef's Dream!), very warm & charming interior... Motivated Seller... Lot's More... Must See! Someone is going to add this property to their income portfolio... Will it be you?
TERMS OF AUCTION (As Of 02/25/07):
PLEASE NOTE: This Real Estate Is Being Auctioned As-Is, Where-Is, and Subject To Seller Confirmation.
01). Auction is open to any registered bidder
02). All bidders must be registered prior to start of auction
03). Proof of $30,000 Earnest Money in form of cash or certified funds made out to
oneself is required to register
04). A 10% buyers premium will be added to the final succesful bid due at closing
05). Deposit returned immediately following auction if not winning bidder
06). Winning bidder required to execute contract immediately following auction
07). Contract requires a second non-refundable deposit on or before May 2, 2007 bringing total deposit to 20%
08). Balance due at closing on or about June 6, 2007
09). Winning bidder will be responsible for utilities & taxes at closing
10). Real Estate is sold as-is, where-is and subject to seller confirmation
11). Any desired inspections and or research must be done prior to auction and can be scheduled by appointment
12). Winning bidder is guaranteed to obtain clear and marketable title at closing
13). Deposits will be held in selling attorney's escrow
14). Failure to close or meet contract terms will result in the loss of deposits
15). Terms subject to change due to accidental omission or typographical errors
16). Final Terms, Copies of Contract, Tax Statements etc... available at open house, auction & by request
WALK THROUGH AND INSPECTION OPPORTUNITIES
OPEN HOUSE - Sunday, April 8th Noon-3 PM,
Also 1 hour Prior To Auction, & by appointment if necessary.
AUCTION
- Sunday, April 22nd 1:00 PM
LOCATION OF EVENTS
Previews and Auction To Be Held On Premises
Hearthstone Inn, Route 22 - Hillsdale, NY
COME TO BID OR JUST TO WATCH!
Join us or click to request more information
845-758-9114
DIRECTIONS TO HEARTHSTONE INN:
From Intersection Of Rts 22 & 23 in Hillsdale, proceed South 2.5 miles on Rt 22... See George Cole Auction Signs.
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