This property is selling through an online auction. The posted price is no way reflects a starting bid, reserve price or any expectation of price from the Seller. Selling by Order of LLC Debt Free Asset / Business Opportunity The Former Tanglewood Restaurant SELLING AT ONLINE AUCTION BID DEADLINE (Starts To Close): Wednesday, December 21st @ 11 AM 3359 Highway 356 Sautee Nacoochee, GA 30571 ASSET DESCRIPTION: The Former Tanglewood Restaurant in Sautee Nacoochee, GA is selling at auction. This is a turnkey opportunity with a complete commercial kitchen, tables, chairs, furniture and fixtures. Huge parking area and large, grassy spaces, perfect for outdoor events. Small wood barn in the rear of the building. The +/- 1,972 Sq Ft building sits on +/- 1.26 acres and is surrounded by campgrounds, wedding and event venues, Unicoi Lodge, Anna Ruby Falls and downtown Helen. LOCATION: 3359 Highway 356, Sautee Nacoochee, GA 30572 ONLINE BIDDING REGISTRATION: Online bidding to begin on Saturday, December 10th. INSPECTION: By appointment only. Contact Auctioneer for details. You are STRONGLY advised to inspect the property, in person, during the inspection period in order to validate the descriptions and/or photographs in the catalog. Should you have any questions, please contact Auctioneer directly. TERMS: Non-refundable earnest money deposit of 10% shall be wired to Auction Company within 24 hours of contract acceptance. Closing shall occur within 30 days of contract acceptance. BUYER'S PREMIUM: There is a 10% Buyer's Premium for this auction. Example: For a high bid of $100,000, a 10% buyer's premium of $10,000 will be added making the purchase price $110,000. BUYER'S NOTE: This property is being sold "AS IS, WHERE IS" with no warranties expressed or implied. Buyers should carefully verify all items and make their own decision as to the accuracy thereof before relying on the same. Items may be added or deleted without notice. All items subject to prior sale. Online bid increments are at Auctioneer's discretion. All sales are final. CLOSING: Purchaser responsible for designating closing attorney and all associated costs. Property to close within 30 days of contract acceptance. Please click "Documents" for auction terms and conditions. LEGAL CONTRACT - Your participation in our auction is your acknowledgment and acceptance of the terms and conditions presented here. Your failure to adhere to any of these terms and conditions may constitute a breach of contract and may cause irreparable harm to Auction Company and/or our client. In this event, we and/or our client(s) may attempt to recover any financial or other damages by pursuing any action afforded by law.
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