SANDCUT GROCERY STORE-THIS IS AN OPEN, ON-GOING BUSINESS at 8094 Rosedale Rd.

REAL ESTATE: All trade fixtures are included. In the past 3 years many updates have been done which include: Rebuilt kitchen; Lincoln double sided cooking pizza ovens and a special made prep and advertising table for the Pizza System; 2-Shelf pizza warmer; Like new self contained pressure cooking system (no hood required); Anvil electric griddle; 1,000 Watt microwave; Hobart meat slicer; New digital scales; Otis Spunkmeyer baking oven for cookies; Cookie case; 4’ Deli case; 3 New glass front freezers; 2 Chest-type freezers; 1 Large upright freezer;

1 refrigerator/freezer; 4 Stainless steel sinks; 27 Ladder-back chairs and 4 dining room tables and new electronic cash register. There is an ATM Machine, Deer checking station and public restroom. Vendors have supplied machines for the concessions. The office consists of a security video monitoring system that runs 7 days a week, and has a desk, chair, fax, copier, computer, cabinet, 1 large safe and 2 small safes. Security bars on the windows, and a Security system with fire protection and cameras; The building has vinyl siding and 200 amp service; 1 year old Kelvinator gas forced air furnace and central air plus central air handler; Gas water heater; Utility sink and 2 Floor buffers. The building is vinyl sided with sculptured shingle roofing and rubber roof over the office. On the outside there is a 50 cent air station. There is asphalt parking on the north and east side of the building.

PARCEL #:  84-03-20-126-005.000-012

LEGAL:  SANDCUT FARMS NE COR SUBJ .120 AC CO RD D-405/175 20-13-8 LOT 3 .360 AC

REAL ESTATE TAXES: Approx. $ 409.54   per year & will be pro-rated at closing.

The Seller will walk out and leave all stock and items the same day that the Buyer pays for the property. All of the stock will go to the Buyer. The business will be on-going and will not close during the change of ownership.

TERMS OF REAL ESTATE:  The Real Estate will be sold “AS-IS” with no warranty expressed or implied, but will be free and clear of any liens or encumbrances. An ALTA 2006 Title Insurance Commitment in the amount of the contract price and will be supplied to the Buyer by the Seller and Seller shall pay for title search, premium for owner’s policy and cost to correct any title defects. If obtaining a loan, the Buyer shall pay the mortgage policy and recording of necessary documents.

SURVEY INFORMATION:   The Buyer & Seller split survey costs 50/50.

MINERAL RIGHTS: All coal, fire clay, gas and  any underlying minerals owned by the Seller will be

transferred to the Buyer.

POSSESSION: At closing and not before.                                   

FOR SHOWING, CALL: 812-495-6119 or 1-877-696-5099

EMAIL: auctions@jswalls.com

AUCTIONEER/BROKER: Col. Johnny Swalls,

CAI, AARE, GPPA, CAGA, CREA,

IN AU01026257, PB20803178