Paint and Body Shop off HWY 54 in Stratford, Texas. TWO buildings. The Main Shop is 1,920SF with heat, and includes an office and bathroom. Main Shop has two overhead doors, measuring 10FT wide by 9FT tall. Chain linked fencing in the yard. The second shop building is a paint shop building that is 1,230 SF with one overhead door measuring 12FT wide by 18.5FT tall. City Water. Located on 4 City Lots.
Opening Bid: $25,000
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 July 7th, 2023
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.