ATTENTION: CONWAY RESTAURANT OWNERS, BUYERS & REAL ESTATE INVESTORS!
4,600+/- SF Turnkey Restaurant on 6+/- Acres, Formerly Peyton Creek Catfish House & Hidden Valley Catfish House ~ Offered in (2) Tracts on Auction Day ~ Selling On-site w/Live, Online Bidding Available
REAL ESTATE DESCRIPTION: Operated as Peyton Creek Catfish House for Over 50 Years & is now Being Offered at Auction in (2) Tracts ~ (TRACT 1) This Fantastic Property was Completely Remodeled in 2015 & is a Turnkey Restaurant Right Now ~ Consisting of 4,600+/- SF of Restaurant & Kitchen Space on 2.45+/- Acres ~ Multiple Dining Rooms w/ (1) Large Banquet Room, (3) Walk-in Coolers, Storeroom, Office & a Screened-in Porch for Employee Breaks ~ (2) Large Bathrooms ~ All Equipment, Dishes & Prep Items will be Included in the Sale, Except the Dishwasher ~ 21,000+/- SF Parking Area that could be Expanded ~ This Great Property Falls Outside of the Conway City Limits, so it Avoids Several City Taxes, Making this a Great Money Generator ~ This Restaurant has Historically had a Faithful Following of Diners & all it Needs is a New Owner ~ (TRACT 2) An Adjoining 3.45+/- Acre Parcel that has Many Potential uses in the Future ~ This Piece of Raw Land has been Cleared of Most Trees & Could be a Spot for Potential Developments ~ Offers Made Prior to Auction Day are Welcome!
INSPECTION: Drive by & Inspect this Property Anytime or Contact Agent, Peter Guerin II at 501-733-6795/ email@example.com for inside showings and to present all offers ~ Auctioneers will be On-site & Registrations begins at 2:00 p.m. Day of Auction.
CLOSING COMPANY: Waco Title Company ~ Closing Agent: Stephanie Nicholson (firstname.lastname@example.org) ~ 701 Locust Street, Conway, Arkansas 72034 ~ (501) 548-3245 ~ Fax/ 548-3254.
REAL ESTATE TAXES FOR YEAR 2020:
(TRACT 1) $1,908.00
(TRACT 2) $356.00
TERMS: (TRACT 1) $20,000.00 ~ (TRACT 2) $10,000.00, All in the Form of a Cashier’s Check made Payable in Your Name or Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome.
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