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                                                    Real Estate Auction

                                                    REAL ESTATE FORMERLY OF TOLEDO MOLD & DIE, COMPLETE BLOW MOLDING FACILITY - 120,000 SQ. FT. ON 17.5 ACRES 

                                                    Auction Info

                                                    REAL ESTATE - Clean Phase 1
                                                    Land - Total Site Acreage Is 17.5 Acres • Gross Building Area - 120,900 SqFt
                                                    BuildingsManufacturing Plant: 90,000 SqFt, Includes A 37,500 SqFt Addition Completed In 2010 • Warehouse: 30,600 SqFt

                                                    Please Submit Inquiries To Shawn@biditup.com, Or Call 818-508-7034, Ext. 212


                                                    Terms & Conditions

                                                    Auction Dates


                                                    Auction Type

                                                    Real Estate Auction

                                                    Location

                                                    109 Sands Rd., Reidsville, NC 27320

                                                    Description

                                                    REAL ESTATE FORMERLY OF TOLEDO MOLD & DIE, COMPLETE BLOW MOLDING FACILITY - 120,000 SQ. FT. ON 17.5 ACRES 

                                                    Featuring

                                                    REAL ESTATE - Clean Phase 1
                                                    Land - Total Site Acreage Is 17.5 Acres • Gross Building Area - 120,900 SqFt

                                                    Buildings
                                                    Manufacturing Plant:
                                                    • 90,000 SqFt, Includes A 37,500 SqFt Addition Completed In 2010
                                                    • Ceiling Height: 32.5 Feet High At Peak, 20 Feet High At Eaves
                                                    • A New Employee Break Room (W/Restrooms) Was Added In 2013
                                                    • New AEC Central Material Handling System Added In 2013
                                                    • 200 Ton Chiller; 100 Ton Tower
                                                    • 7 Silos (5 @ 130,000lbs; 2 @ 180,000lbs)
                                                    • 10 Dock Doors

                                                    Warehouse:
                                                    • 30,600 SqFt
                                                    • 3 Dock Doors
                                                    • Ceiling Height: 18.5 Ft. High At Peak, 14.5 Ft. High At Eaves

                                                    Registration Info

                                                    INSTRUCTIONS TO BID
                                                    BIDDERS MUST AGREE TO ALL TERMS & CONDITIONS
                                                    ONSITE & INTERNET BIDDERS
                                                    All internet bidders must register for this auction at least 72-HOURS PRIOR TO SALE DATE.
                                                    DEPOSIT REQUIREMENTS FOR ONSITE BIDDERS:
                                                    IF YOU ARE BIDDING ON-SITE PLEASE DO NOT REGISTER ONLINE!!
                                                    Registration is available onsite the day of the sale. ***All onsite bidders must provide 25% of approximate bid amount which will allow a buyer to spend 4 times the deposited amount the day of the sale. Example: $500 cash minimum is required which will only allow a maximum spending amount of $2,000. Acceptable forms of payment for ON-SITE are via:

                                                    1. Cash

                                                    2. Wire Transfer: Please Note - All wire transfers payments must include an additional $30 domestic & $45 international wire transfer fee - incoming & outgoing. Please contact our office for current wire information 818.508.7034 or email wire instruction request to WIRETRANSFER@BIDITUP.COM

                                                    3. Cashier's Check: Made out to Biditup Auctions Worldwide.

                                                    4. Blank Company/Corporate Checks: For deposit only with valid driver's license, matching business card & BANK LETTER OF GUARANTEE. Checks will be given back at the end of the sale if buyer is not a successful bidder OR if successful bidding the checks will be returned after BIU receives a cashier's check or wire transfer for final payment.

                                                    DEPOSIT REQUIREMENTS FOR ONLINE BIDDERS:
                                                    Minimum: $2,500 required which allows a spending limit of $10,000.
                                                    If you are planning on spending above $10,000 you will need to deposit 25% of your maximum anticipated spending. (This will allow a spending limit up to 4 times the deposit amount sent)

                                                    Example: $5,000 deposit = allows up to $20,000

                                                    You will only be allowed to bid up to 4 times your deposit amount so please estimate your deposit accurately. We will restrict any bidding beyond the above.

                                                    Forms of payment for online deposits:

                                                    1. CASHIER'S CHECK made out to Biditup Auctions Worldwide and delivered to our office prior to the sale 11426 Ventura Blvd, 2nd Floor, Studio City, CA 91604

                                                    2. WIRE TRANSFER .  Please Note - All wire transfers payments must include an additional $30 domestic & $45 international wire transfer fee - incoming & outgoing Please contact our office for current wire information 818.508.7034 or email wire instruction request to WIRETRANSFER@BIDITUP.COM.

                                                    We do not accept company checks or credit cards, NO EXCEPTIONS.
                                                     
                                                    Those who do not post the deposit will not be approved. NO EXCEPTIONS! IF YOU
                                                    ARE SHORT ON THE DEPOSIT, YOU WILL NOT BE ALLOWED TO BID
                                                    ALL DEPOSIT REFUNDS WILL BE RETURNED IN THE SAME METHOD OF DEPOSIT THAT WAS RECEIVED, WITHIN 5-7 BUSINESS DAYS.
                                                    PROXY BIDDERS
                                                    All proxy bidders must register for this auction at least 48-HOURS PRIOR TO SALE DATE.
                                                    All proxy bidders must post a 25% deposit of your planned spending budget in the form of a WIRE TRANSFER, ACH or Cashier's Check made out to BIDITUP AUCTIONS WORLDWIDE with a $2,500 MINIMUM DEPOSIT in order to be approved to bid.
                                                    Please Note - All wire transfers payments must include an additional $30 domestic & $45 international wire transfer fee - incoming & outgoing Please contact our office for current wire information 818.508.7034 or email wire instruction request to WIRETRANSFER@BIDITUP.COM

                                                    Payment Info

                                                    * All Items Subject to Seller's Acceptance of Online Bids *

                                                    BUYER'S PREMIUM

                                                    ONLINE: 18%
                                                    ONSITE: 18%

                                                    ***Please fax or email resale certificates to Biditup Auctions (818.508.3025), esther@biditup.com prior to bidding.***

                                                    Acceptable Payment Methods:
                                                    1. Cash
                                                    2. Cashier's Check
                                                    3. Wire Transfer

                                                    Auctioneer must approve all payment methods prior to bidding.

                                                    Removal Info

                                                    • Removal dates: TBA
                                                    • Removal times 8:00 AM - 4:00 PM Monday through Friday.
                                                    • No items released until payment is received in full.

                                                    Please note: BidItUp is not affiliated with any machinery rigging, transport or export company. The names and contact information of available companies are provided solely as a courtesy to our buyers. BidItUp does not endorse or guarantee the services of any machinery rigging, transport or export company, and cannot be held responsible for any damage or other problems incurred as a result of the actions of those companies. We encourage buyers to employ the service provider of their choice, provided they can supply BidItUp with the required forms and insurance certificates.

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