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LIVE AND ONLINE SIMULCAST AUCTION-HIGH COUNTRY GRUB N WATERIN’ HOLE-LEAD SD
Wednesday, March 18, 2020 - 1:00 PM (MT)
Auction Location: Lead, SD
 

PROPERTY LOCATION: 32 BALTIMORE STREET, LEAD, SD
 
LIVE AUCTION DATE: MARCH 18TH AT 1:00 P.M.

ONLINE AUCTION START DATE: FRIDAY MARCH 13TH, 2019 AT 7:00 A.M.AND CLOSES AT THE END OF THE LIVE SIMULCAST AUCTION MARCH 18TH.

LINK TO ONLINE BIDDING: https://sturgissd-realestate.hibid.com/catalog/200548/high-country-grub-n-waterin-hole---lead-sd/

AUCTION LOCATION ON SITE: 32 BALTIMORE LEAD, SD 

LEGAL DESCRIPTION: LOTS 4, 5, 6, 6A, 7A BLOCK 1 FULLERS ADDITION, CITY OF LEAD SD, LAWRENCE COUNTY SD

PUBLIC SHOWING DATES WILL BE WEDNESDAY, FEBRUARY 26TH 2020 FROM 12:00 PM MST TO 3:00 P.M.AND MARCH 4TH FROM 12:00 NOON TO 3:00 P.M. OR BY APPOINTMENT WITH CHRISTLE BEUCKENS –HEGG REALTY@ 605-920-1084 OR BOB BERTOLOTTO-BERTOLOTTO REAL ESTATE & AUCTION @ 605-490-1500

DON’T MISS THIS WELL-ESTABLISHED HIGH COUNTRY BUSINESS LOCATION WITHIN THE WONDERFUL BLACK HILLS OF SD FEATURING A TURNKEY BAR/RESTAURANT IN LEAD SD FOR SALE AT AUCTION, KNOWN AS THE HIGH COUNTRY GRUBN' WATERIN' HOLE. LOCATED IN THE HEART OF THE BLACK HILLS IN LEAD SD AND CLOSE TO YEAR ROUND ATTRACTIONS INCLUDING DEADWOOD GAMBLING, MOUNT RUSHMORE, SANFORD LAB, SPEARFISH CANYON, HOMESTAKE OPERA HOUSE, SKIING, SNOWMOBILING, FISHING, HUNTING, CAMPING AND MORE. THIS PROPERTY IS LOCATED ADJACENT TO THE HIGH TRAFFIC SNOWMOBILE TRAILS AND ON A HIGH TRAFFIC STREET IN LEAD SD WITH HIGH VISIBILITY FROM THE ADJOINING BUSY HIGHWAY AND FEATURING A NEARLY 6,000 SQ. FT. OF COMMERCIALLY ZONED BUILDING ALONG WITH 5 LOTS WITH PLENTY OF PARKING. THE HIGH COUNTRY GRUBN' WATERIN' HOLE UTILIZES THE MAIN LEVEL FOR RESTAURANT/BAR ON AND FEATURES A QUIET DINING AREA AND A LARGE BAR AND GAMING AREA WITH POOL TABLE-DARTS-VIDEO GAMES AND MORE. THE BUSINESS WILL BE SOLD TURNKEY WITH ALL INVENTORY, PERSONAL PROPERTY AND GAMES. SOME SELECT PERSONAL PROPERTY/ARTIFACTS ON DISPLAY THROUGHOUT BUILDING MAY NOT STAY OR CONVEY WITH SALE BUT WILL BE MARKED AND REMOVED ACCORDINGLY.

THIS PROPERTY SELLS TURNKEY WITH ALL PERSONAL PROPERTY. INVENTORY OF BEER, WINE, FOOD ITEMS WILL BE TAKEN PRIOR TO CLOSING AND WILL BE TRANSFERRED BY BILL OF SALE. INVENTORY MUST BE PAID FOR IMMEDIATELY FOLLOWING INVENTORY AND PRIOR TO POSSESSION OF THE NEW OWNERS. ALL BEER AND WINE ON/OFF LICENSES WILL TRANSFER TO NEW OWNERS AT CLOSING WITH APPROPRIATE GOVERNMENT AGENCIES APPROVAL. BUY WILL PAY ALL TRANSFER FEES ON BEER, WINE, SALES TAX AND NECESSARY LICENSES.

THE PROPERTY ALSO FEATURES NIGHTLY/MONTHLY RENTALS AND SEVEN MODERN APARTMENTS. THE APARTMENTS HAVE SEPARATE ENTRANCES IN REAR FOR UPSTAIRS AND AN OUTSIDE ENTRANCE TO BASEMENT LEVEL. THE APARTMENTS CURRENTLY HAVE LONG TERM TENANTS.

SALES AND INCOME RECORDS ARE AVAILABLE TO QUALIFIED BUYERS FOR THIS PROFITABLE BUSINESS. 

TERMS AND CONDITIONS OF REAL ESTATE AUCTION:
LIVE AUCTION DATE: MARCH 18TH AT 1:00 P.M.; AUCTION LOCATION ON SITE: 32 BALTIMORE LEAD, SD; 10% IRREVOCABLE EARNEST MONEY PAID AND DUE ON PURCHASE PRICE IMMEDIATELY FOLLOWING THE AUCTION EITHER BY CHECK, CASH OR WIRE TRANSFER. CONTACT BERTOLOTTO REAL ESTATE & AUCTION FOR SPECIFIC ONLINE TERMS AT 605-720-2021. BALANCE DUE TO BE PAID IN CERTIFIED FUNDS ON OR BEFORE APRIL 22ND, 2020. SELLER TO PAY ALL 2019 AND PRIOR TAXES, 2020 TAXES WILL BE PRORATED TO DATE OF CLOSING BASED ON CURRENT TAX INFORMATION. PROPERTY WILL BE SOLD WITHOUT BUYERS CONTINGENCY OF ANY KIND, MAKE SURE YOUR FINANCIAL ARRANGEMENTS ARE IN ORDER BEFORE BIDDING. POSSESSION WILL BE ON CLOSING. A TITLE INSURANCE POLICY WILL BE PROVIDED BY THE SELLER AND WILL BE AVAILABLE FOR BUYER INSPECTION BEFORE THE AUCTION. TITLE COMPANY CLOSING COSTS AND TITLE POLICY WILL BE SPLIT EVENLY BETWEEN BUYER AND SELLER. CLOSING WILL TAKE PLACE AT BLACK HILLS TITLE COMPANY –SPEARFISH SD. ALL INFORMATION HAS BEEN ACQUIRED BY SOURCES DEEMED RELIABLE, HOWEVER NEITHER THE AUCTIONEERS, ASSOCIATED PERSONAL OR THE SELLER MAKE ANY WARRANTY OR GUARANTEES EITHER EXPRESSED OR IMPLIED. PROPERTY IS SOLD STRICTLY “AS IS-WHERE IS”. THE AUCTION COMPANY REPRESENTS THE SELLERS ONLY IN THIS TRANSACTION. ANNOUNCEMENTS MADE SALE DAY TAKE PRECEDENCE OVER ANY PRINTED MATERIAL OR PRIOR REPRESENTATIONS. NEITHER THE SELLERS NOR THE AUCTION CO. ARE RESPONSIBLE FOR PRINTING ERRORS. NO BUYERS PREMIUM.THE SALE IS SUBJECT TO SELLERS CONFIRMATION. ONLINE REAL ESTATE BIDDERS ARE REQUIRED TO REGISTER FOR AUCTION; BIDS WILL NOT BE ACCEPTED FROM NON-REGISTERED BIDDERS IN ANY MANNER. BROKER IS REPRESENTING THE SELLER IN THIS TRANS ACTION. IF YOU ARE BIDDING ON LINE YOU MUST REGISTER AND CONTACT THE AUCTION COMPANY 2 DAY PRIOR TO THE START OF THE AUCTION.

BROKER PARTICIPATION IS OFFERED TO LICENSED REAL ESTATE BROKERS WHO REPRESENT BUYERS, CONTACT LISTING BROKERS FOR FORMS.

 
 
Owner: HIGH COUNTRY GRUB N' WATERIN' HOLE, TIM MOYSIS

Managed & Conducted by:
Bertolotto Real Estate and Auction Inc. ~ United Country Auction Services, 1102 Junction Avenue
Sturgis, SD 57785
E-mail: bob@bertrea.com  Phone: Bob Bertolotto - Broker/Auctioneer Office # 605-720-2021  
Web Site: http://www.bertrea.com

HEGG REALTORS INC
CHRYSTLE BEUCKENS –BROKER ASSOCIATE


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