Name Absolute Auction 701 W Broadway, Lawrenceburg, KY 40342
Auctioneer Noel Auctioneers & Marketing Group
Date(s) 11/19/2022
ALL BIDDING WILL TAKE PLACE ON BID.NOELAUCTIONEERS.COM LIVE ON-SITE WITH INTERNET BIDDING ON SATURDAY, NOV. 19, 2022 AT 10:00 AM. PRE-BIDDING WILL TAKE PLACE ON SUNDAY, NOV. 6, 2022 AT 10:00 AM - SATURDAY, NOV. 19, 2022 AT 10:00 AM.
Preview Date/Time BY APPOINTMENT ONLY UP UNTIL 11/19/2022 AT 10:00 AM
Checkout Date/Time 10% Buyers Premium  Sales Terms: As Is/Non-Contingent, 10% down payment required on date of sale. Closing must take place on or before Tuesday, January 3, 2023. The 10% buyer's premium is added to the final price and included in the contract purchase price. Please note, online bidders must email a letter of good standing to info@noelauctioneers.com at least 48 hours prior to auction date.
Location 701 West Broadway
Lawrenceburg, KY 40342
Buyer Premium There is 10% Buyer's Premium
Description
Live On-Site Auction with Internet Bidding available! Pre-Bidding will take place on Bid.NoelAuctioneers.com from Sunday, November 6, 2022, at 10:00 AM (EST) until Saturday, November 19, 2022, at 10:00 AM (EST). All online bidding on the day of the auction will take place on Bid.NoelAuctioneers.com, Saturday, Nov. 19, 2022, at 10:00 AM (EST). In-Person bidding will take place at 701 West Broadway, Lawrenceburg, KY 40342 AT 10:00 AM (EST). The exact time as the online bidding on Bid.NoelAuctioneers.com. 10% Buyers Premium Take a look at this spectacular opportunity for someone who is looking for a commercial building with approx. 2,645 ft. of living area. This commercial property has been a place of well-established businesses throughout the years, located in a very high-traffic area of Lawrenceburg, Kentucky. The property has been previously used as a restaurant but could easily be converted into office space, retail, a car lot, or whatever your heart may desire. There is parking for 21-35 vehicles. The property is right off Highway 127, you will turn onto Broadway and the property will be on your right. Sales Terms: As Is/Non-Contingent, a 10% down payment is required on the date of sale. Closing must take place on or before Tuesday, January 3, 2023. The 10% buyer's premium is added to the final price and included in the contract purchase price. Please note, online bidders must email a letter of good standing to info@noelauctioneers.com at least 48 hours prior to the auction date. **** IN ORDER TO BID ONLINE, YOU MUST SEND AN EMAIL 48 HOURS PRIOR TO THE AUCTION TO INFO@NOELAUCTIONEERS.COM WITH A LETTER OF GOOD STANDING FROM YOUR LENDING INSTITUTION OR BANK. EMAIL INFO@NOELAUCTIONEERS.COM FOR MORE INFORMATION!****
Auction Terms & Conditions Auction Terms & Conditions Noel Auctioneers and Real Estate Advisors 1478 Alton Road Lawrenceburg, KY 40342 (859) 612-9175 info@noelauctioneers.com PLEASE READ ALL TERMS AND CONDITIONS THOROUGHLY PRIOR TO BIDDING. IF YOU HAVE NOT READ AND REVIEWED THE TERMS AND CONDITIONS, DO NOT BID. PLEASE NOTE, REFRESH YOUR PAGE!  It is important to remember to refresh your page when actively bidding. The bidding page you are viewing shows you the bid at the time you logged on. YOU MUST REFRESH YOUR PAGE EVERY SEVERAL SECONDS to view accurate/up-to-date bids. This is particularly important during the final minutes of the auction when bidding for an item. Payment and Pickup: Payment and Pick up must be made before receiving your winning item(s). 10% Buyers Premium  Sales Terms: As Is/Non-Contingent, 10% down payment required on date of sale. Closing must take place on or before Tuesday, January 3, 2023. The 10% buyer's premium is added to the final price and included in the contract purchase price. Please note, online bidders must email a letter of good standing to info@noelauctioneers.com at least 48 hours prior to auction date. **** IN ORDER TO BID ONLINE, YOU MUST SEND AN EMAIL 48 HOURS PRIOR TO AUCTION TO INFO@NOELAUCTIONEERS.COM WITH A LETTER OF GOOD STANDING FROM YOUR LENDING INSTITUTION OR BANK. EMAIL INFO@NOELAUCTIONEERS.COM FOR MORE INFORMATION!**** SERVER & SOFTWARE TECHNICAL ISSUES: Online bidding is offered as a courtesy. The Auctioneer, Noel Auctioneers & Real Estate Advisors, and the Internet and Software Providers do not guarantee or warrant the online bidding procedure and/or system to operate without interruption or malfunction. In the event, there are technical difficulties related to the server, software, or any other online auction-related technologies, Noel Auctioneers & Real Estate Advisors, reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE, SELLER or NOEL AUCTIONEERS & REAL ESTATE ADVISORS SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. NEW DATA, CORRECTIONS, AND CHANGES: Please check for updated information prior to scheduled auction time to inspect any changes, corrections, or additions to the property information. Disclaimer & Absence of Warranties: All items are being sold on an "AS IS, WHERE IS" basis, and no warranty or representation either expressed or implied, concerning the property is made by the Seller or Noel Auctioneers & Real Estate Advisors Agents or Representatives. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure and on the website is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller, Noel Auctioneers & Real Estate Advisors Agents, or Representatives. All sales are final. Buyer's Premium: A 10% buyer's premium will be added to the winning bid of each item to determine the final selling price. BUYERS MUST PROVIDE THEIR OWN LABOR, TOOLS, REMOVAL EQUIPMENT, PACKING MATERIAL, AND BOXES IF NEEDED. All items must be removed in a safe, proper, workman-like manner. Registration: Registration is free but does require several important pieces of information. As with our live auctions, bidders must be registered with a full name, address, and telephone number. An email address is also required so bidders may be sent winning bid notifications and auction invoices. Information from a credit card is to be held on file. This information is obtained to deter defunct bidding. The account will be charged if an item has been unpaid after the allotted time for payment has passed. Registration may only be completed with an acknowledgment that the bidder has read and understood all terms and conditions for the sale and online bidding. Bidder Verification: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Noel Auctioneers & Real Estate Advisors will reject the registration, and bidding activity will be terminated. The Seller and Noel Auctioneers & Real Estate Advisors reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. Bidders agree to keep their username and password confidential as they are responsible for ALL activity involving their accounts. When using the website, you must obey all local state, and federal laws. Violations will result in termination of website use privileges. Noel Auctioneers & Real Estate Advisors retains the right to prevent anyone from participating in this and future online auctions who does not abide by the terms and conditions of the auction or whose actions are not in the best interest of our client, the Seller. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. All decisions of Noel Auctioneers & Real Estate Advisors are final. Bidding: Online bidding is to be understood as a binding contract. Bids will be taken with the understanding that the bidder will honor their winning bid with sufficient funds including all applicable taxes and fees. DO NOT BID IF YOU DO NOT INTEND TO PAY. Notification of winning bids will be sent via email along with an auction invoice within 24 hours of the auction's close. Bidding can be made using two methods on our website- "Your Bid" and "Your Maximum." "Your Bid:" This feature allows the bidder to input a single bid as in a live auction. For example, the bid for item #1 is currently $2,000 placed by bidder A. Bidder B wishes to bid $2,500. By placing a bid of $2,500 in the "Your Bid" box, Bidder B now has the current winning bid. If Bidder A wishes, he/she may bid again, continuing the auction cycle. "Your Maximum:" This feature does your bidding without the bidder having to constantly view, log in, and bid on an item. Setting a maximum online is much like coming to a live auction with a preset spending limit in mind. The program will bid for you, in the prescribed increments, and only up to your spending limit for the item. For example, item #3 is currently at $5,000 with Bidder A having the winning bid. Bidder B wants to place a bid and is willing to spend as much as $7,500 for item #3. If Bidder B places a maximum bid of $7,500, the price of the item rises only to $5,050. Bidder A returns the item online and places his/her maximum bid at $5,250. The program automatically does the bidding: A-$5,100, B-$5,150, A-$5,200, B-$5,250. The bidding stops at $5,250 with Bidder B winning because the next bid would be $5,300, which is more than Bidder A's limit. Maximum bids are kept confidential. Any bidder can raise a bid or a maximum bid at any time prior to the close of the auction. Close of Bidding: For your convenience, the closing of items will be on a staggered basis of 5 items every minute. For example, items 1-5 will begin closing at 6:00, items 6-10 will begin closing at 6:01, items 11-15 will begin closing at 6:02, etc. The closing of some items may be extended in the event of last-minute bidding. See the paragraph below regarding the Extended Ending feature. Extended Ending: The items in the auction will be subject to an extended ending, whereas, at the close of the auction, any bidding activity on an item within 5 minutes of the closing time will automatically extend the bidding for 5 more minutes past the time of the last bid. The bidding on that lot will continue to remain open in 5-minute intervals if there is bidding activity within 5 minutes of the previous bid. Once there is no bidding activity for a 5-minute period, the bidding on that item will close. For example, if a lot is supposed to close at 6:00 PM but a last-minute bid is placed at 5:59 PM, bidding will be extended until 6:04 PM. If another bid is placed on an item at 6:02 PM, bidding will then close at 6:07 PM, unless subsequent bids are placed. Penalties: Any bidding found to be fraudulent and/or negligence to provide proper payment in the allotted time will result in all appropriate legal action. Any invoice not fully and properly paid for in the allotted time will be charged to the credit card account presented at registration and the items forfeited. Delinquencies will be noted and will prevent the individual from participating in any further live or online auctions conducted by Noel Auctioneers & Real Estate Advisors. Auctioneer's Right to Bid: It is hereby disclosed that will the seller's permission Noel Auctioneers & Real Estate Advisors, Agents, Representatives, and staff reserve the right to bid for themselves and buy. In addition, Noel Auctioneers & Real Estate Advisors reserves the right to bid on the behalf of absentee bidders and for any other bidder in accordance with their authorization and to enter ANY bidding on the seller's behalf except in the case of Absolute offerings. Agency: Noel Auctioneers & Real Estate Advisors has an exclusive right to sell listing for this transaction. All negotiations must be conducted through Noel Auctioneers & Real Estate Advisors Auctioneer/Seller Disclaimer: The information contained herein is believed to be correct to the best of the auctioneer's knowledge. The information is being provided for the bidder's convenience and it is the bidder's responsibility to determine whether the information contained herein is accurate and complete. The equipment is selling in its 'as-is' condition with no warranties expressed or implied. As previously noted by bidding on the property, the buyer agrees to all terms and conditions set forth. All questions regarding this auction should be directed to Jonathan Noel-Auctioneer with Noel Auctioneers & Real Estate Advisors.   --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Currency USD
Buyer Premium There is 10% Buyer's Premium
Payment Terms
10% Buyers Premium  Sales Terms: As Is/Non-Contingent, 10% down payment required on date of sale. Closing must take place on or before Tuesday, January 3, 2023. The 10% buyer's premium is added to the final price and included in the contract purchase price. Please note, online bidders must email a letter of good standing to info@noelauctioneers.com at least 48 hours prior to auction date. **** IN ORDER TO BID ONLINE, YOU MUST SEND AN EMAIL 48 HOURS PRIOR TO AUCTION TO INFO@NOELAUCTIONEERS.COM WITH A LETTER OF GOOD STANDING FROM YOUR LENDING INSTITUTION OR BANK. EMAIL INFO@NOELAUCTIONEERS.COM FOR MORE INFORMATION!****