On-site Bidders: Register day of auction. Arrive at least 30 minutes prior to the auction start time and register at the auction office.
Online Bidders: Register here Register 24 hours prior to start of auction. Must have deposit or bank letter of guarantee to bid. Call for wire instructions.
Inspection
Day prior to auction from 9AM - 4PM
Buyers Premium
On-site: 15% Buyer's Premium (will be added to bid price)
Online: 18% Buyer's Premium (will be added to bid price)
Taxes
Sales tax rate is ____%. We will charge local sales tax unless you have your tax exempt number with you or have it faxed to our office. Our fax number is 513/738-0221.
Lodging
Directions
Hampton Inn (731) 256-7274 150 Campbell Oaks Dr. 38305 Courtyard Jackson (731) 256-7073 200 Campbell Oaks Dr. 38305 Double Tree by HIlton (731) 664-6900 1770 US-45 Byp. 38305
From the East - Take I-40 W towards Memphis. From the West - Take I-40 E towards Nashville.Take the US-45 Bypass S, Exit 80A towards Jackson and merge onto TN-186. In 3.2 mi turn left onto Airways Blvd / TN-1. In 0.6 mi turn right onto Sterling St. From the South - Take US-45N towards Jackson. Turn left onto W. Main St /TN-1 & follow TN-1 for 0.7 mi. Turn left onto Sterling St.
Removal of Purchases
Removal begins after the last item is sold and lasts for one hour (or until 5PM). Removal will continue the next morning and on all weekdays from 8AM to 5PM. Last day for removal is Friday, 6/12/15. RIGGING AND REMOVAL IS THE RESPONSIBILITY OF THE BUYER. Small, carryout items, should be removed immediately after the auction or the day after the auction. Anyone, either a buyer or rigger, who uses a powered vehicle to remove anything from the auction site, will need a certificate of insurance.
CERTIFICATE OF INSURANCE
REAL ESTATE
HOLDER: Precision Machine Products (auction site address) ADDITIONAL INSURED: Myron Bowling Auctioneers, Inc. RE: (auction site address) AMOUNTS: General Liability - $1,000,000 each occurrence $2,000,000 General Aggregate Business Auto - $1,000,000 Combined Single Limit
21,875 SF Ground-Level Floor Space with 19,377 SF Manufacturing Space • Floor is 8” Wire Reinforced w/(4) Isolation Pads • (1) Truck Dock • 30’ x 17’ Bridge Crane Coverage • 220V & 440V / 3-Phase Electric • 3,080 SF Office (2 levels)• 3,875 SF Warehouse • 375 SF Paint Booth • 1,334 SF Upper Level Storage Offer Subject to Owner’s Confirmation of Bid. 7% Buyers Premium. $25,000 Deposit Due Upon Successful Bid. Closing with Certified Funds in 30-45 Day For information regarding the real estate, contact: Hickman Realty Group, Inc. / ccarothers@hickmanrealty.com Chris Carothers (731) 616-9464 Gary Williams, Broker, Auctioneer, Lic. # 408
STATE AUCTION LICENSE NUMBER(S)
RIGGERS
Myron C. Bowling - 00005307 Myron Bowling Auctioneers, Inc. - 00004435
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