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REAL ESTATE AUCTION #2
Going Concern Restaurant and Bar in Aguila, Arizona
Cunningham & Associates Real Estate, LLC
September 15, 2007 10:00 AM
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NO RESERVE
NO BUYERS PREMIUM
online bidding for this
auction available soon
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SUBJECT PROPERTY
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Restaurant with real estate
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49621 W. US 60, Aguila, AZ
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Maricopa County APN:
506-05-016-F
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3.0 acres Zoned R-43 and
506-05-016-H +/-
.57 acres Zoned C-2
Building +/- 3,400 sq ft
with +/- 1,000 sq ft Covered Patio.
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Legal Description:
See tax info. documents:
tax info #1,
tax info #2
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This roadside café/restaurant has a #12
liquor license and restaurant equipment and is located approx. 23 miles
west of Wickenburg.
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Current
Tenant on Month to Month Lease. Current tenant is doing well and would
like to stay, but new lease would be required at buyer's discretion.
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approximate inventory
list provided by seller, click here
to download XL file note: multiple tabs and pages
TERMS: $1,000.00 cash/cashier’s check
deposit made out to Bidder in order to obtain a Bidder’s card. This deposit
is refundable to all unsuccessful bidders. Balance of successful bid must
be paid in cash or cashier’s check no later than 9/17/07, 12 PM. All
Bidders are encouraged to personally inspect the subject property prior to
auction as this property will be sold “as is” and “where is”. Close of
escrow to occur on or before 9/25/07. Lawyer’s Title shall be escrow
company. All closing documents must be signed and returned to title company
no later than 9/21/07. Buyer to pay all escrow fees/title fees/recording
fees. Bidders must conduct all due diligence to satisfy themselves prior
to bidding, including on-site inspections, land investigations, and title
searches. Bidder understands Bidder is purchasing subject property in “as
is” condition and as such waives his/her review and approval of seller
disclosure statement. Seller guarantees subject property will convey to
Buyer free and clear of all liens and encumbrances. Above information is
deemed reliable, however it is the responsibility of each Bidder to confirm
above information prior to auction.
By signing below, the successful Bidder
agrees to the above terms and conditions, waives all inspections/surveys
after auctioneer says “sold”, and agrees to agency disclosure that
Cunningham & Associates Real Estate, LLC represents the seller exclusively.
Please note: Bidders must read the terms
and conditions for each property they are interested in prior to auction as
the deposit amounts and/or who the cashier’s check is made out to may be
different for each property to be sold in auction.
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