Wedding/Event Venue Turnkey Business or Entrepreneurial Opportunity

Commercial Auction in 15308 Shepard Park Road, Knoxville (tuscaloosa County) Alabama, United States

08 Tuesday
08th June, 2021
Alabama Auctioneering, INC., DBA Pearce & Associates

Wedding/Event Venue Turnkey Business or Entrepreneurial Opportunity

Commercial Auction in 15308 Shepard Park Road, Knoxville (tuscaloosa County) Alabama, United States

Tuesday at - 08th June , 2021

Notes



Terms REAL ESTATE AUCTION / Turnkey Business / Business Personal Property Assets/ Business Name / Ongoing business concerns This is being offered as a turnkey business with the successful Buyer either A). Taking over the existing business using the SOUTHERN HOUSE AND GARDEN LLC name, honoring on the books reservations, receiving on the book deposits OR B). Purchasing the real estate and all assets but not assuming the ongoing book of business; OR C). Making an offer/bid on JUST the Real Property (contact Sale Manager for details). NOTE: These terms will be updated - shown below are our standard Real Estate Auction Terms These announcements supersede any prior oral or printed statements and will be attached to and become a part of the contract. Winning bidder must sign a non contingent contract and pay earnest money within 24 hours of auctions end. The property will be sold by legal description and transferred by warranty deed. A 10% buyers premium will be added to the winning bid to determine the final sales price. Example: $100,000 bid, plus $10,000 (10% buyers premium) equals $110,000 gross sales price. The terms are 10% down payment with the balance due within 45 days. Purchaser to receive possession of the property upon delivery of deed at closing. Purchaser to pay closing cost and title insurance. Seller guarantees title to be free and clear. Ad Valorem taxes will be prorated at closing. PROPERTY SOLD SUBJECT TO THE FOLLOWING: All outstanding easements of any kind on said property, including but not limited to, roads, right of ways, utilities, water lines, and the like; any mineral, oil and past conveyances, leases or reservations; to any cemeteries that might exist on the property, outstanding leases recorded or unrecorded; zoning ordinances affecting the property; restrictions of record; wet lands; all rules and regulations of any appropriated authority having jurisdiction over the property, and any recorded encroachments of record. BUYERS NOTE: Prior to the auction all prospective purchases should examine the property and all surrounding documents carefully as each bidder is responsible for evaluating the property and shall not rely on the sellers nor the auctioneers. Sellers and Auctioneers are assuming that the bidders have inspected the property and are satisfied and accept it “As Is” without warranties expressed or implied. Personal on-site inspection of the property is recommended. Failure of any bidder to inspect or to be fully informed as to the condition of all or any portion of the property offered, will not constitute any grounds for any claim or demand for adjustment or withdrawal of a bid, offer or earnest money after its opening or tender. All information was obtained from sources deemed reliable. Although every precaution has been taken to insure accuracy, the sellers and all of their agents will not be responsible for any errors or omissions herein. Default by the Seller: If the Sellers are unable to make conveyance and to give title as herein agreed, the earnest money shall be refunded to the buyer and all obligations of either party shall wholly cease. Default by the Buyer: Should the Buyer default in the performance of his/her contract in the time and the manner specified, then the earnest money shall be retained as partial liquidated damages and the seller may sue for specific performance. AGENCY DISCLOSURE: Larry “Chip” Pearce Jr. has not been an agent for the Buyer in this transaction. Larry “Chip” Pearce Jr. has been an agent for the Seller in this transaction and is to be paid a commission by the Seller. The Auctioneer reserves the right to reject bids from anyone who does not comply with the terms and conditions of this auction. Bidding: Bidding info- When you bid your max the current bid price doesn't automatically go to your max bid. Someone else has to bid to increase the current price and the computer will automatically bid up to your max in the increments specified. This auction has what is called an auto extend feature, meaning the auction will not close until all bidding parties are satisfied. If any bids are placed within the last 10 minutes of the auction, the bid on lot(s) will extend for 10 minutes. The bidding will extend in 10 minute increments from the time the last bid is placed until there are no more bids, and the lot sits idle for 10 minutes.

Description

SOUTHERN HOUSE AND GARDENS, LLC has commissioned Pearce & Associates to conduct a retirement sale on this magnificent property and all their personal property business assets, the business name, the existing book of business reservations/deposits, - or make an opportunity for the successful bidder/buyer to buy just the real estate for their own entrepreneurial endeavor on this incredible property.   

**TUSCALOOSA COUNTY: 16+/- Miles to Downtown Tuscaloosa; 18+/- Miles to the University of Alabama; 5+/- Miles to I-59 - Just minutes from a public boat launch, Lake Tuscaloosa and US Highways 43 and 11.**

We are pleased to offer this incredible property through ONLINE AUCTION selling Subject to the Seller's Confirmation & Acceptance of the High Bid.   NOTE: The owners wish to retire and sell this as a turnkey business but there are other opportunities including buying just the real estate and the Sellers are open to taking written offers prior to the end of the auction.  

EVENTS - WEDDINGS - REUNIONS - GAME DAY RETREAT - CONFERENCE CENTER - CORPORATE RETREAT - DAY CAMP FACILITY - RELIGIOUS OUTREACH/RETREAT CENTER 

Located on 6+/- beautiful professionally landscaped acres 


List of  buildings - all full of details and business personal property assets to support the ongoing business:


UPDATED INFORMATION:

Main House with House Chapel/Conference Center - 3,290+/- Square Feet House plus 800+/- square feet of covered porches  restored 75+/- year old  home with the new chapel/meeting center / kitchen/ (1) Full Bath/ (2) Restrooms

Rustic Barn/Event/Party Area - 2,304+/- Square Feet  (Roughly 48' x 48') with  (2) Restrooms

Open Air Chapel - Seats 250 people (Can be converted to a barn, party room, meeting center) 2,240 +/- Square Feet  (Roughly 32' x 70')  Indoor/Outdoor Dual Level Electrical

Flower House:  approximately 392+/- (28' x 14')  square feet with walk in cooler and window unit AC.   Open Air Covered Bar attached approximately 12' x 14' with stone floor 

Storage/Cabin

Floored Pergola on side of House Chapel with storage underneath platform

Covered/Floored Gazebo - Electrical Service

(4) Arbors (with electrical) 

Gravel Parking Lot to handle 50+/- vehicles with a green field to accommodate an additional 100-150 more.   There have been events with up to 600 people at this facility.  

Electrical at exterior of all buildings

Landscape Irrigation System

(2) Septic Tank Systems

City Water

Gas stove & logs (Main House) 

Central Heat & Air Units:  Main House (new in 2021); Main House Chapel (new in 2020); (2) in Barn (1 new in 2020; 1 in 2008) 

ALL Business Personal Property Assets transfer with this property (list in Due Diligence package - by request) 


BROKER PARTICIPATION:  3% Broker Participation with registration through our Sale Manager PRIOR TO BIDDER REGISTERING FOR THIS AUCTION 

SIX (6) OPEN HOUSE INSPECTIONS: 10am to 1pm or by appointment: Wednesday, May 5; Wednesday, May 12; Saturday, May 22; Tuesday, May 25; Saturday May 29; and Sunday May 30, or contact the Sale Manager for your own private viewing.

ADDRESS OF PROPERTY:  15308 Shepard Park Road; Knoxville, AL 35469 (Tuscaloosa County)

PARCEL ID: 45 06 23 0 000 052 000 and 45 06 23 0 000 053 000


For More information and a Buyer's Due Diligence Package please contact Agent/Sale Manager: Damon Folmar, AL #3028 at 205.966.8114 or [email protected] 

Pearce & Associates - Larry "Chip" Pearce, Broker - Office: 205.664.4300 








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Location has been calculated by address and may not be 100% accurate.

Auction Items For Sale

SOUTHERN HOUSE AND GARDENS, LLC has commissioned Pearce & Associates to conduct a retirement sale on this magnificent property and all their personal property business assets, the business name, the existing book of business reservations/deposits, - or make an opportunity for the successful bidder/buyer to buy just the real estate for their own entrepreneurial endeavor on this incredible property.   

**TUSCALOOSA COUNTY: 16+/- Miles to Downtown Tuscaloosa; 18+/- Miles to the University of Alabama; 5+/- Miles to I-59 - Just minutes from a public boat launch, Lake Tuscaloosa and US Highways 43 and 11.**

We are pleased to offer this incredible property through ONLINE AUCTION selling Subject to the Seller's Confirmation & Acceptance of the High Bid.   NOTE: The owners wish to retire and sell this as a turnkey business but there are other opportunities including buying just the real estate and the Sellers are open to taking written offers prior to the end of the auction.  

EVENTS - WEDDINGS - REUNIONS - GAME DAY RETREAT - CONFERENCE CENTER - CORPORATE RETREAT - DAY CAMP FACILITY - RELIGIOUS OUTREACH/RETREAT CENTER 

Located on 6+/- beautiful professionally landscaped acres 


List of  buildings - all full of details and business personal property assets to support the ongoing business:


UPDATED INFORMATION:

Main House with House Chapel/Conference Center - 3,290+/- Square Feet House plus 800+/- square feet of covered porches  restored 75+/- year old  home with the new chapel/meeting center / kitchen/ (1) Full Bath/ (2) Restrooms

Rustic Barn/Event/Party Area - 2,304+/- Square Feet  (Roughly 48' x 48') with  (2) Restrooms

Open Air Chapel - Seats 250 people (Can be converted to a barn, party room, meeting center) 2,240 +/- Square Feet  (Roughly 32' x 70')  Indoor/Outdoor Dual Level Electrical

Flower House:  approximately 392+/- (28' x 14')  square feet with walk in cooler and window unit AC.   Open Air Covered Bar attached approximately 12' x 14' with stone floor 

Storage/Cabin

Floored Pergola on side of House Chapel with storage underneath platform

Covered/Floored Gazebo - Electrical Service

(4) Arbors (with electrical) 

Gravel Parking Lot to handle 50+/- vehicles with a green field to accommodate an additional 100-150 more.   There have been events with up to 600 people at this facility.  

Electrical at exterior of all buildings

Landscape Irrigation System

(2) Septic Tank Systems

City Water

Gas stove & logs (Main House) 

Central Heat & Air Units:  Main House (new in 2021); Main House Chapel (new in 2020); (2) in Barn (1 new in 2020; 1 in 2008) 

ALL Business Personal Property Assets transfer with this property (list in Due Diligence package - by request) 


BROKER PARTICIPATION:  3% Broker Participation with registration through our Sale Manager PRIOR TO BIDDER REGISTERING FOR THIS AUCTION 

SIX (6) OPEN HOUSE INSPECTIONS: 10am to 1pm or by appointment: Wednesday, May 5; Wednesday, May 12; Saturday, May 22; Tuesday, May 25; Saturday May 29; and Sunday May 30, or contact the Sale Manager for your own private viewing.

ADDRESS OF PROPERTY:  15308 Shepard Park Road; Knoxville, AL 35469 (Tuscaloosa County)

PARCEL ID: 45 06 23 0 000 052 000 and 45 06 23 0 000 053 000


For More information and a Buyer's Due Diligence Package please contact Agent/Sale Manager: Damon Folmar, AL #3028 at 205.966.8114 or [email protected] 

Pearce & Associates - Larry "Chip" Pearce, Broker - Office: 205.664.4300 








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