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Restaurant Resale

19 INVESTMENT HOUSES in Kannapolis, NC
& 3+/- Acres on Mooresville Rd
to the Highest Bidder REGARDLESS
Wednesday, December 16 at 6pm


Auction Will Be Held at:
Mt. Olivet United Methodist Church 301 Mount Olivet Rd Concord, NC   28025

.Click here for a PDF file with details
and photos of each property.


Terms of the Sale: In order to bid you must have either CASH or a CERTIFIED CHECK for One Thousand Dollars ($1,000), for each property that you are interested in. Have the check made payable to you. In the event you are the successful bidder you will be required to sign "The Offer To Purchase Contract" and pay the remainder of the 10% Earnest Money Deposit in cash or by certified check within 10 business days after signing offer to purchase contract.

• Make the certified check payable to you. If you are the successful bidder you will endorse the check over to Classic Auctions Real Estate, Escrow Account at the end of the auction.

• There is a 10% Buyers Premium on each sale. This premium will be added to your highest bid on the property and will become the offer to purchase price on the contract.

• Closing will be on or before January 18th, 2009 or as agreed by the Seller in writing. Buyer may choose the closing Attorney.

• The property is being sold “AS IS, WHERE IS”. There will be no warranties either express or implied other than guarantee of clear title. You MUST rely on your own judgment and inspection when bidding on the property.

• The contract is a no contingency contract. You are encouraged to pre-qualify yourself prior to bidding. If you cannot pay the balance due at closing you will lose all earnest money.

• The Auctioneer is acting exclusively as an agent for the Seller. The Auctioneer is not functioning as an agent for the Buyer in the transaction. No third party Broker is a subagent for the Auction Company.

• The Seller reserves the right to withdraw the property anytime before the auction begins.

• Any other Terms will be announced prior to the Auction on the day of the sale and shall supersede any prior announcements, Terms and Conditions and Rules.


For Info, please call:


Click here for a printable version of this page  |  Photos



Tony Furr
NCAL 5508, NCREL 168339
SCAL 2893R
Melvin Huneycutt

NCAL 6058, SCAL 3266R

John Daniels
NCAL 6163, SCAL 3774R

Classic Auctions - 201 South Central Ave. Locust, NC  -  704-888-1647  -  Co. License NCAF5479 - NCREL C19000

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