Prime Commercial Property located in Sunray TX. Two Large (60x30ft) Shops on FM 281. A Portion of one shop (12x30ft) is heated/cooled office space with a bathroom. Previously used for Gear Drive Service Shop. Perfect for your business with enough space for large vehicles, machinery, and front office to run your business on this ±1Acre lot.
EXCLUSIONS- ALL Personal Property (see Gear Drive Service Liquidation Auction on assiter.com), and Lathe, Grinder, Gear Head Stands, Hydraulic Shop Press, Summit Machine, Milling Machine.
Being Sold "AS-IS WHERE-IS" .
A buyer's premium is a percentage of the high bid that will be added to the high bid and become part of the purchase amount at settlement.
Closing is on or before November 10th, 2022
There will be a 10% buyer's premium ($2,500 minimum) added to the winning bid to calculate the contract price.
An Earnest Money Deposit of 10% ($2,500 minimum) of the contract price is due immediately after the Auction by personal or company check for onsite bidders and by wire transfer for online bidders. The Real Estate Taxes will be prorated through the date of closing. The property is being sold "AS IS" and is NOT subject to financing, inspection or appraisal. Personal Property is not included in the auction.
Contract Packages will be sent by e-mail to the successful high bidder at the end of the auction. Successful high bidder must execute, and fax, email or hand deliver the package back to Assiter Auctioneers within 24 hours of receipt. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee.