PROPERTY LOCATION
1100 Celebration Ave, Moneta, VA (Bedford County)
AUCTION LOCATION
Live auction held at:
Bull Docks Restaurant
1100 Celebration Ave Ste 202
Moneta, VA
Online and phone bidding also available.
Four Furnished Restaurants/Retail Storefronts in Downtown Moneta, a Smith Mountain Lake Community
Ready to go as-is (Steak & Seafood | Diner | Pizza | Ice Cream) or convert to retail or other restaurant setup
Unit 201 Premier Steak & Seafood Restaurant - Sells with Unit 202
- 5,461 sq.ft. commercial condo as a furnished and operating restaurant
- Great Location in Downtown Moneta
- Booth, table, bar, private room, and outdoor seating
- Full bar
- Spacious, well-equipped kitchen with walk-in cooler
- Men's & Women's Restrooms (shared witth Unit 202)
- Keep as-is or convert to retail or office
- SELLS WITH UNIT 202
Unit 202 Diner - Sells with Unit 201
- Mayberry Diner
- 1,070 sq.ft. commercial condo as a furnished and operating diner
- Great Location in Downtown Moneta
- Table seating
- Spacious, well-equipped kitchen
- Men's & Women's Restrooms (shared with Unit 201)
- Also has a single bathroom so it could be sold separately if converted to retail
- Keep as-is or convert to retail or office
- SELLS WITH UNIT 201
Unit 203 Ice Cream Parlor
- 516 sq.ft. commercial condo as a furnished ice cream parlor
- Great corner location in Downtown Moneta
- Booth, table, and counter seating
- Walk-in freezer
- Bathroom
- Keep as-is or convert to retail or office. Goes well with Unit 204
Unit 204 Pizzeria
- 764 sq.ft. commercial condo as a furnished pizzeria
- Located in Downtown Moneta beside the ice cream parlor
- Table seating
- Spacious kitchen with pizza ovens and commercial hood
- Bathroom
- Keep as-is or convert to retail or office. Goes well with Unit 203 for additional space.
DIRECTIONS TO PROPERTY
- From Roanoke: Rt. 24E 15mi to RIGHT on Stony Fork Rd (801). 3mi to RIGHT on RT. 122S. 2.8 mi to RIGHT on White House Rd (608). First RIGHT on Celebration Ave to restaurant on right just before traffic circle.
- From Hales Ford Bridge (SML): Rt. 122N 4mi to RIGHT on White House Rd (608). First RIGHT on Celebration Ave to restaurant on right just before traffic circle.
PREVIEW DATES
- Tuesday, September 2 from 4-6PM
- Tuesday, September 9 from 12-2PM
- Other days by appointment only. Call Mike Torrence at 434-847-7741
TERMS SUMMARY
5% buyer's premium. 10% deposit due at auction by cash or good check. Closing on or about 30 days. Click on "Terms" tab for full terms and conditions.
CONTACT
Mike Torrence
Torrence, Read, & Forehand Auctions
101 Annjo Ct, Forest, VA 24551
(434) 847-7741 Office
(434) 660-5159 Mobile
mike@trfauctions.com
or
Micah Torrence
(434) 610-3182
micah@trfauctions.com
4 Restaurants / Retail Storefronts near Smith Mountain Lake, VA
Auction Site: Bull Docks Restaurant, 1100 Celebration Ave Ste 202, Moneta, VA. Online bidding also available.
Terms: Property sells "AS-IS" without warranties of any kind. Potential Buyers must perform such independent investigations with respect to the Property as they deem necessary to verify information provided by Auction Company.
Warranty: All information provided by Auction Company is deemed reliable but is not warranted. The information provided by the Auction Company is subject to verification by all parties relying on it. No liability for its accuracy, error or omission is assumed by the Auction Company.
Title: Seller will convey title by General Warranty Deed free and clear of all liens.
Registration: Bids will be accepted only from registered bidders. On-site registration begins at 11:30AM day of sale. See listing for auction location. You may also pre-register on our website or phone app. Deadline for phone and online bidding registration is 6PM EST on the day prior to the auction. A valid form of identification (i.e. driver's license) may be required to register onsite or online.
Online Bidding: Online bidding is available for your convenience. However, due to the technical nature of online bidding, bidder acknowledges that this service may or may not function correctly the day of the auction. Torrence, Read, & Forehand Auctions will not be responsible for missed bids from any source. Online bidders who desire to make certain their bid is acknowledged should use the prebidding function and leave their maximum bid 24 hours before the auction begins. Winning bidders will be notified by email and/or phone and receive instructions for signing the Contract of Purchase (must be returned within 24 hours) and submitting the Deposit (see below).
Announcements: Announcements made on day of sale take precedence over all prior communications, both verbal and written, concerning the sale of the Property.
Approval: High bid subject to approval by Seller.
Buyer's Premium: A 5% buyer's premium will be added to the high bid to determine the final sales price.
Deposit: Deposit equal to 10% of final contract price (bid price plus buyer's premium) due day of sale by cash or good check. Online bidders may overnight deposit or wire transfer funds so it is received within 2 business days.
Closing: Balance of Purchase Price shall be due at closing on or about 30 days after the sale.
Agency: The auction company and its representatives represent the sellers.
