Online Only Auction
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Price Realized:
25.00 USD
Shipping Not Available
Date(s)
11/20/2018 - 12/11/2018
Bidding Notice:

You can manually bid each time or conveniently use the maximun bid feature and let the computer automatically bid for you in increments just over the next highest bidder or until it reaches your max bid.


Information
Lot # 196
Lead Whiskey Barrel Planters
Name Malachi's
Auctioneer
Type Online-Only Auction
Date(s) 11/20/2018 - 12/11/2018
Auction Date/Time Info
December 11th approx. 6 P.M. CST
Preview Date/Time December 8th between 10 A.M. and Noon CST
Checkout Date/Time December 14th between 1 P.M. and 5 P.M CST
Location
Buyer Premium 10% Buyer’s Premium applies
Description
231 TOTAL LOTS OF ITEMS!!! LOCATION! LOCATION! LOCATION! AUCTION ENDING TUESDAY, DEC 11, Times are as follows: REAL ESTATE will start ending at approx 6 P.M. CST RESTAURANT EQUIPMENT will start ending at approx 7 P.M. CST All Equipment (Except Lot #2) is Being Auctioned Absolute, with NO Reserves! The Commercial Building & Lot is being auctioned subject to a low Minimum Reserve Bid of ONLY $250,000– Anything above that buys it! Commercial Building and Lot offering a Prime Location (Malachi’s Restaurant, Formerly known as The Porch Restaurant)! Also at Auction is a Large Selection of Gently Used Restaurant Equipment, Stainless Fire Hood System, Commercial Ice Machine, Southern Pride Commercial Smoker, Commercial Ovens, Warmers, Fryers, Flat Top Grill, 3 Compartment Sink, Stainless Steel Preparation Tables, Coolers & Equipment, Point-of-Sale System, Ipads, Plates & Tableware, Tables & Chairs and Much More!!! This Commercial building is sitting on a developed commercial lot (Approx 0.67 Acres, m/l – copy of plat available) offering HIGH VISIBILTY along U.S. Hwy 127 (2 BLDGS FROM TRAFFIC SIGNAL) with easy access along Steve Drive and new access via a NEW STREET in the back of property, which now offers drive-thru flexibility! This building was built approx. 1997 & remodeled in 2015 and offers 3,111 sq. ft +/-. Building features an open main room with fireplace, separate meeting room, large kitchen and prep areas, office space, handicap accessible restrooms & attached double walk-in freezer. Building has 3 central heat and air units, heavy duty electric, city water & sewer, paved & lighted parking lot and covered 8 ft. front porch & awning. Natural gas available, along with propane. Property is being auctioned subject to existing plat of record along with any restrictions of record. Property is Zoned C-1 (Highway Oriented Commercial).
AUCTION ENDING TUESDAY, DEC 11, Times are as follows: REAL ESTATE will start ending at approx 6 P.M. CST RESTAURANT EQUIPMENT will start ending at approx 7 P.M. CST REAL ESTATE: Non-refundable 10% deposit to be made to Golden Rule-Wilson Real Estate & Auction #2, LLC Escrow within 48 hours of auction ending via cashier’s check, personal check or wire transfer. Purchaser to sign a NON-CONTINGENT Contract to Purchase via email, fax or in person within 48 hours of auction ending. Purchaser to pay in full and close cash with deed on or before 30 days from auction date. No contingencies - IF YOU CAN’T CLOSE, DON’T BID. A 10% buyer’s premium will be added to the final bid to determine the final sales price. Property taxes paid by seller for 2018. Property to be transferred with a good insurable General Warranty Deed. Purchaser responsible for own title search if desired. If you are the winning bidder, auction company reserves the right to charge the credit card used at registration, plus any fees. PERSONAL PROPERTY: Accepted methods of payment are cash, cashier's check, personal/business check (Must have I.D), Visa, MasterCard or Discover with a 3% debit/credit card onsite processing fee (minimum processing fee of $3) or wire transfer. Personal and business checks will be verified for sufficient funds before items are removed from the auction site. All fees incurred by wired transfers will be paid by the purchaser. All purchases that have not been paid by Friday, December 14th at 5 P.M. CST will automatically be charged to the credit card used at registration, with a 4% processing fee (minimum processing fee of $3). Buyer’s Premium: 10% Buyer’s Premium applies on all personal property. SALES TAX: KY Sales Tax (6%) applies only to personal property & those without resale exemption certificates. Golden Rule – Wilson Real Estate & Auction #2, LLC’s (Hereinafter referred to as Golden Rule – Wilson, LLC) Online Auctions are timed events and all bidding will close at specified time. Golden Rule – Wilson’s online auctions also have an auto extend feature. If a bid is placed in the final 3 minutes of an auction, the close of the auction will be automatically extended 3 minutes from the time the bid was placed. Example: if an auction scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically extend 6:02. The auto extend feature remains active until no further bids are received within a 3 minute time frame. BUYER’S PREMIUM: 10% Buyer’s Premium applies to both real estate & personal property. SALES TAX: KY Sales Tax (6%) will be added to the sale price of personal property unless you provide a sales tax exemption number. THERE IS NO SALES TAX ON THE REAL ESTATE. EQUIPMENT PICK UP: Friday December 14th, from 1-5 P.M. CST. NO EXCEPTIONS ON GENERAL ITEMS; HOWEVER, EQUIPMENT THAT WILL REQUIRE SPECIAL UNHOOKING CAN BE GRANTED ADDITIONAL TIME. ALL EQUIPMENT THAT REQUIRES UNHOOKING IS THE SOLE RESPONSIBILITY OF THE PURCHASER AND MUST BE COMPLETED BY QUALIFIED PERSONEL. AUCTION COMPANY / SELLERS ASSUME NO RESPONSIBLITY OR LIABILITY FOR THE REMOVAL OF ANY EQUIPMENT. PICK UP: Golden Rule – Wilson, LLC absolutely DOES NOT provide shipping, Items to be picked up on location. Removal of items, moving, packaging, loading, transporting, etc. are the sole responsibility of the purchaser. All purchased items must be removed by the deadline stated above. Any items not removed by December 14th at 5 PM CST will, at Auctioneer's discretion, be discarded or resold with proceeds retained by Auctioneer. There will be NO REFUND to the purchaser for these forfeited items. All property is sold in “AS IS” and “WHERE IS” condition. ALL SALES ARE FINAL! Bidder understands and agrees that no refunds, exchanges, adjustments, charge backs, etc, will be allowed. All item descriptions are believed to be accurate to the best of our knowledge & ability; however, they are not guaranteed. All property is expressly sold ‘AS, IS”. There SHALL be no grounds for any claim, refund, adjustment, charge back, etc. All description information has been gathered from sources which we believe to be reliable but are not guaranteed. Auctioneer makes no warranty or guarantee of any kind with respect to condition, authenticity, provenance, source, condition, suitability for a particular purpose, etc. Auctioneer reserves the right to change, modify, delete any item or lot or description in the auction as may be necessary. SERVER & SOFTWARE TECHNICAL ISSUES: In the unlikely event the Bidding Software or the bidding system should fail, the auction company reserves the right to extend the bidding past the advertised closing date and time. Should this unlikely event happen, all registered bidders will be emailed accordingly with the new ending date and time. The date & time extension will apply to both open and closed lots should a system failure occur. In the event there are technical difficulties related to the server, software or any other online auction-related technologies, Golden Rule – Wilson, LLC reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor GOLDEN RULE – WILSON, LLC, SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Golden Rule – Wilson, LLC. Any dispute between Golden Rule – Wilson, LLC its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Adair Count, Kentucky. By bidding on the property, buyer agrees to all terms and conditions set forth. AGENCY: Golden Rule – Wilson, LLC Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Golden Rule – Wilson, LLC and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc. Golden Rule – Wilson, LLC reserves the right to alter this agreement at any time. This will take place by updating this site. Please check back and review these terms as every time you use this site you are agreeing to the terms as they are written at that time. Auction company employees and/or auction company may bid on and purchase auction items. BIDDER DEFAULT: Failure to complete a purchase is illegal and will result in one or more of the following (1) prosecution (2) loss of bidding privileges for Golden Rule – Wilson, LLC auctions. If a bidder at any time feels his/her username, password or bidder number has been compromised due to lack of security by the bidder, notify the Auctioneer immediately. For additional information, contact Golden Rule – Wilson LLC, Auctioneers at 270-866-6600. TIME IS OF THE ESSENCE in regard to all auction terms.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 19.00 1.00 USD
19.01 - 97.50 2.50 USD
97.51 - 245.00 5.00 USD
245.01 - 990.00 10.00 USD
990.01 - 4,975.00 25.00 USD
4,975.01 - 9,900.00 100.00 USD
9,900.01 - 19,750.00 250.00 USD
19,750.01 - 99,500.00 500.00 USD
99,500.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% Buyer’s Premium applies
Payment Terms
Accepted methods of payment are cash, cashier's check, personal/business check (Must have I.D), Visa, MasterCard or Discover with a 3% onsite debit/credit card processing fee (minimum processing fee of $3) or wire transfer. Personal and business checks will be verified for sufficient funds before items are removed from the auction site. All fees incurred by wired transfers will be paid by the purchaser. All purchases that have not been paid by Friday, December 14th at 5 P.M. CST will automatically be charged to the credit card used at registration, with a 4% processing fee (minimum processing fee of $3). Buyer’s Premium: 10% Buyer’s Premium applies on all personal property. SALES TAX: KY Sales Tax (6%) applies only to personal property & those without resale exemption certificates.
Golden Rule – Wilson, LLC absolutely DOES NOT provide shipping, Items to be picked up on location. Removal of items, moving, packaging, loading, transporting, etc. are the sole responsibility of the purchaser. All purchased items must be removed by the deadline stated above. Any items not removed by December 14th at 5 PM CST will, at Auctioneer's discretion, be discarded or resold with proceeds retained by Auctioneer. There will be NO REFUND to the purchaser for these forfeited items. All property is sold in “AS IS” and “WHERE IS” condition. ALL SALES ARE FINAL! Bidder understands and agrees that no refunds, exchanges, adjustments, charge backs, etc, will be allowed. All item descriptions are believed to be accurate to the best of our knowledge & ability; however, they are not guaranteed. All property is expressly sold ‘AS, IS”. There SHALL be no grounds for any claim, refund, adjustment, charge back, etc. All description information has been gathered from sources which we believe to be reliable but are not guaranteed. Auctioneer makes no warranty or guarantee of any kind with respect to condition, authenticity, provenance, source, condition, suitability for a particular purpose, etc. Auctioneer reserves the right to change, modify, delete any item or lot or description in the auction as may be necessary.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.