Gas Station/C-Store & Apartment

1 State Highway 220, Rawlins, WY 82301
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1 State Highway 220, Rawlins, WY 82301
Auctioned: 6:30 PM Thursday, August 29, 2013

For questions about this auction,
please contact Williams & Williams Customer Support 1.800.801.8003

1 State Highway 220, Rawlins, WY 82301
336050 00--DH-SB/08-2013

Click here to view Property Video


Operating gas station and convenience store/gift shop with 2BR apartment upstairs and a mobile home, all on approx 8ac lot. Upgrades include new tanks, canopy and walk-in cooler/freezers.
Positive financial performance over the last three years. Call for a property information package.
.
Property ID:336050

Auctioned: 6:30 PM Thursday, August 29, 2013

Directions: 45 miles N of Rawlins
80 miles S of Casper
80 miles E of Lander


Legal Description: All that portion of the SW¼SW¼ of Section 26, Township 28 North, Range 89 West of the 6th P.M., Carbon County, Wyoming, lying on the southeasterly side of Wyoming State Highway Number 220, and being more particularly described as follows: Commencing at the Southwest corner of said SW¼SW¼ Section 26; thence S89º28.5'E, along the South boundary of said SW¼SW¼ a distance of 428 feet, more or less, to a point on the Southeasterly Right-of-way line of said Highway No. 220, and the Point of Beginning of the herein described parcel; thence continuing S89º25.5'E, along the said South boundary to the Southeast corner of said SW¼SW¼; thence northerly along the East boundary of said SW¼SW¼ to a point on the Southeasterly Right-of-Way line of said Highway No. 220, which point is on a circular curve to the left, the radius of which is 22693.3 feet and at which point a line tangent to said curve bears S52º11'W; thence southwesterly along said curve and through a central angle of 2º55.5' a distance of 1170 feet, more or less, to the point of beginning.

Auctioned: 6:30 PM Thursday, August 29, 2013


Disclosures: Wastewater treatment disclosure. The property herein has been reported to have an on-site wastewater treatment system/cesspool/septic tank. Buyer is purchasing the property as-is, where-is with no warranties or assertions by seller, Williams & Williams, or their agents as to the condition thereof. The property may be subject to city/county septic inspections. Buyer agrees to comply with all requirements necessary to complete the inspection and closing, including, but not limited to, obtaining the necessary permits and making arrangements to correct any noted city/county violations at buyers expense.



Well potability disclosure. Neither seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition or potability of the well reported to be on this property. Buyer is purchasing the property as-is, where-is.



Propane disclosure. Neither seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition of the propane tank or location of lines that may be located on the property herein. Buyer is purchasing the property as-is, where-is, and is responsible for all costs for any required remediation thereto. In the event the propane tank is leased, the buyer is responsible for any and all costs/remediation required for the propane tank, assuming all lease terms, and/or negotiating a new lease agreement for use of any propane tank.



Existing license(s) related to the operation of the business do not transfer. It is the Buyer's responsibility to obtain required license(s) for continued operations:



• Gas pumps – Wyoming department of agriculture, 307-777-7324

• Food license – Wyoming department of agriculture, 307-777-3689

• County retail or special malt beverage permit, Carbon County, WY, 307-328-2699



Fuel Storage Tank Requirement: DEQ – Change of ownership must be completed and submitted to Wyoming Department of Environmental Quality after purchase. Department records reflect that this tank is currently in use. The annual tank fees, in the amount of $200, are due at the beginning of each year. For additional information regarding the Storage Tank Program, please contact Karen Halvorsen, PE, at 307-777-7244. Additional information can be found at www.deq.state.wy.us/shwd/stp/



Personal Property Not Included. All jewelry, art and books will not convey with the real estate and will be removed prior to Closing. Buyer may negotiate with the Seller directly regarding purchase of inventory that includes jewelry, art and books outside of the real estate transaction. Any such negotiation regarding same shall not be a contingency of nor otherwise affect the Buyer's high bid at auction of the real estate. Removal of personal property remaining on site at the time of closing is the responsibility of the Buyer.



Buyer acknowledges receipt and acceptance of Exhibit B - Title Commitment dated July 12, 2013.



Deed restriction. Buyer acknowledges receipt of Exhibit E, Exceptions Documents, and accepts the Property “As-Is, Where-is” with the restrictions, easements and covenants shown therein.


Disclosures: Wastewater treatment disclosure. The property herein has been reported to have an on-site wastewater treatment system/cesspool/septic tank. Buyer is purchasing the property as-is, where-is with no warranties or assertions by seller, Williams & Williams, or their agents as to the condition thereof. The property may be subject to city/county septic inspections. Buyer agrees to comply with all requirements necessary to complete the inspection and closing, including, but not limited to, obtaining the necessary permits and making arrangements to correct any noted city/county violations at buyers expense.



Well potability disclosure. Neither seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition or potability of the well reported to be on this property. Buyer is purchasing the property as-is, where-is.



Propane disclosure. Neither seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition of the propane tank or location of lines that may be located on the property herein. Buyer is purchasing the property as-is, where-is, and is responsible for all costs for any required remediation thereto. In the event the propane tank is leased, the buyer is responsible for any and all costs/remediation required for the propane tank, assuming all lease terms, and/or negotiating a new lease agreement for use of any propane tank.



Existing license(s) related to the operation of the business do not transfer. It is the Buyer's responsibility to obtain required license(s) for continued operations:



• Gas pumps – Wyoming department of agriculture, 307-777-7324

• Food license – Wyoming department of agriculture, 307-777-3689

• County retail or special malt beverage permit, Carbon County, WY, 307-328-2699



Fuel Storage Tank Requirement: DEQ – Change of ownership must be completed and submitted to Wyoming Department of Environmental Quality after purchase. Department records reflect that this tank is currently in use. The annual tank fees, in the amount of $200, are due at the beginning of each year. For additional information regarding the Storage Tank Program, please contact Karen Halvorsen, PE, at 307-777-7244. Additional information can be found at www.deq.state.wy.us/shwd/stp/



Personal Property Not Included. All jewelry, art and books will not convey with the real estate and will be removed prior to Closing. Buyer may negotiate with the Seller directly regarding purchase of inventory that includes jewelry, art and books outside of the real estate transaction. Any such negotiation regarding same shall not be a contingency of nor otherwise affect the Buyer's high bid at auction of the real estate. Removal of personal property remaining on site at the time of closing is the responsibility of the Buyer.



Buyer acknowledges receipt and acceptance of Exhibit B - Title Commitment dated July 12, 2013.



Deed restriction. Buyer acknowledges receipt of Exhibit E, Exceptions Documents, and accepts the Property “As-Is, Where-is” with the restrictions, easements and covenants shown therein.
Terms of Sale:

Registration at the commercial auction finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. DO NOT BID unless you have registered and received a Bidder's Card and Sale Day Notes and agreed to be bound by the terms of sale in the Contract as they are final upon you becoming a high bidder.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. Williams & Williams represents the Sellers only and does not inspect properties on bidder's behalf. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are pro-rated through day of closing as is customary.

A Buyer's Premium (Buyer's Fee in WI) of 3% ($2,500 minimum) will be added to the high bid and included in the total purchase price.

Each high bidder must make a 10% ($5,000 MINIMUM - whichever is greater) non-refundable deposit per property immediately following auction. Cash, cashier's checks, personal checks and business checks (electronically processed) are accepted. The balance of the purchase price and all closing costs are due within 30 days. Closing costs generally total approximately $1,500 and include, but are not limited to, title exam, title policy, closing fee and filing costs.

Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or re-schedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding usually takes less than 3 minutes for each property. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders as specified in 21 NCAC 4B. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

Do not inspect properties and/or attend an auction except at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damages to their person or property while in, on or about these properties, nor shall they be liable for hidden defects, dangers or conditions. All persons shall be on the premises at their own risk and shall defend, indemnify, and save harmless Broker and Seller from any and all liability attendant thereto.

All auctions are subject to court or seller approval. Most sales are approved within 7 business days. Buyers are not allowed possession until filing of the deed, at which time the property should be re-keyed.

If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

Williams & Williams and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Potential purchasers are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the seller or their agents. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.

Auction Network
TERMS & CONDITIONS OF SERVICE

The property offered in this auction will be offered and sold by Williams & Williams Marketing Services, Inc. ("Williams & Williams"). Any questions regarding the auction process or a property should be directed to Williams & Williams or its designated representative. Auction Network, LLC ("Auction Network") serves solely as the online bidding service (the "Service") for Williams & Williams. Your use of the Service is governed by these Auction Network Terms & Conditions of Service, and the Auction Network Terms of Use located at the following URL: http://www.auctionnetwork.com/Site/TermsOfUse.asp, as amended from time-to-time by posted notices or oral announcements made during any auction.

Williams & Williams serves as the auctioneer, and represents the owner of the property at auction. The auction and conveyance of each property shall be governed by property specific Contract for Sale, Sale Day Notes, Disclosures, and the Williams & Williams Terms & Conditions of Sale. These documents govern your bid and the sale of each property, and can be accessed and reviewed at the Williams & Williams property specific web page.

DO NOT BID unless you have read the Williams & Williams Terms & Conditions of Sale, the Contract for Sale, Property Disclosures, and the Sale Day Notes for each property. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, SALE DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

Auction Network, Williams & Williams and the Seller are not responsible for technical difficulties during online or remote bidding. Occasionally, the Auction Network online bidding interface may be unable to submit bids in the live auction due technical difficulties including, without limitation, the lack of sufficient communication infrastructure at the location of the live auction. Online bidders are advised to place an absentee bid at least 1 day prior to the live auction to ensure their bid is entered into the live auction on the online bidder's behalf.

In the event of any conflict between Auction Network's Terms & Conditions of Service and the Williams & Williams Terms & Conditions of Sale, the Williams & Williams Terms & Conditions of Sale shall control in each instance.

Auction Network has no authority to, and does not provide, any guarantee, warranty, or covenant, of any kind or nature, regarding a property. Per the Williams & Williams Terms & Conditions of Sale, all properties auctioned are otherwise sold "AS-IS, WHEREIS" without any representation or warranty, express or implied, of any kind by Williams & Williams, Auction Network, or the respective seller, and with no financing, inspection or other contingencies to sale. Buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction. Buyers must rely solely upon their own investigation and not any information provided by the Seller or Williams & Williams. Failure of a Buyer to be fully informed on the condition of a property will not constitute grounds for any claim adjustment or right to cancel sale.

Neither Auction Network nor Williams & Williams assumes any risk, liability or responsibility for the authenticity of the authorship of any property or livestock offered at this auction (that is, the identity of the creator or the period, culture, source or origin, or lineage, as the case may be, with which the creation of any property is identified).

The auctioneer has the right at his or her absolute and sole discretion to refuse any bid, to advance the bidding in such a manner as he or she may decide, to withdraw or divide any lot, to combine any two or more lots and, in the case of error or dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer and resell the item in dispute. If any dispute arises after the sale, our sale record is conclusive.

Any property may be withdrawn by Auction Network or Williams & Williams at any time before the actual sale without any liability therefore. If the auctioneer determines that any opening bid is not commensurate with the value of the article offered, he or she may reject the same and withdraw the article from sale, and if, having acknowledged an opening bid, he or she decides that any advance thereafter is insufficient, he or she may reject such advance.

These Auction Network Terms & Conditions of Service, Terms & Conditions of Use, Williams & Williams' Terms & Conditions of Sale, as well as the online buyer's rights and obligations hereunder, shall be governed by and construed and enforced in accordance with the laws of the State of Oklahoma. By bidding at this auction, whether in person or by agent, order bid, telephone, online, or other means, the buyer shall be deemed to have consented to the exclusive jurisdiction of the state and federal courts sitting in the State of Oklahoma.

You are registering to bid on the following properties, and as stated above, your bid, and the sale of the property, will be governed by the property specific Williams & Williams Contract for Sale, Disclosures, Sale Day Notes, and Terms & Conditions of Sale. Each of these documents are available for your review at the Williams & Williams property specific web page. DO NOT BID unless and until you review these documents. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, SALE DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.



Legal Description: All that portion of the SW¼SW¼ of Section 26, Township 28 North, Range 89 West of the 6th P.M., Carbon County, Wyoming, lying on the southeasterly side of Wyoming State Highway Number 220, and being more particularly described as follows: Commencing at the Southwest corner of said SW¼SW¼ Section 26; thence S89º28.5'E, along the South boundary of said SW¼SW¼ a distance of 428 feet, more or less, to a point on the Southeasterly Right-of-way line of said Highway No. 220, and the Point of Beginning of the herein described parcel; thence continuing S89º25.5'E, along the said South boundary to the Southeast corner of said SW¼SW¼; thence northerly along the East boundary of said SW¼SW¼ to a point on the Southeasterly Right-of-Way line of said Highway No. 220, which point is on a circular curve to the left, the radius of which is 22693.3 feet and at which point a line tangent to said curve bears S52º11'W; thence southwesterly along said curve and through a central angle of 2º55.5' a distance of 1170 feet, more or less, to the point of beginning.
Property
1 State Highway 220,
Rawlins, WY 82301
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Williams & Williams
7120 S. Lewis Ave Ste 200
Tulsa, OK 74136
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