SOLD

12748 Kingston Pike
Farragut, TN

Thursday, December 11th, 2008 - 11:00 AM
Inspection: Thursday, December 4th, 2008 10AM - 3PM

• 20% down payment, 25 yr amortization / 10 yr maturity; 5.5% fixed rate

Financing Subject to Bank qualifications - no material adverse credit reporting, acceptable financial capacity and documented global cash flow 1.25 times global debt service.

Office Retail Condominiums – Former Bella Spazio Location

Units D204, D205 and D206

·         Built in 2007

·         Approximately 3,264 square feet

These Condominiums are completely furnished with brand new furnishings and fixtures for a Day Spa

Zoning: C-1, General Commercial District
Utilities: Electric, Water, Sewer and Gas 
Estimated Real Estate Taxes: Approx. Annual Knox County Taxes:
                    Unit D204 - $2,050.00
                    Unit D205 - $2,050.00
                    Unit D206 - $2,050.00
Approx. Total Annual County Taxes:            $6,150.00

Equipment Listing

(2) Beautician stations, burled oak formica, double-sided with mirror, 30"X36" storage area
(4) Beautician chairs, adjustable
Highland Liberty double hair dryers and cabinet, 120V, 6 amp
Chairs for dryers
2 Wash stands with sink and chair combination
3 Pedicure station with Versas sink, chair with remote controls
3 Pedicure stools
3 Manicure stations with 3 customer, 3 manicure chairs
Vanity cabinet with sink, 80"x19"x36"
Security storage cabinets, 9 sections, 24"x16"45"
Hostess station with granite top, 120"x36"x45"
Beauty product display, 17'x94"x13"
Beauty product display, 78"x94"x13"
(8) Morett's oversize chair, floral fabric
Greek vertical fountain, 36"x66"
(4) Earthlite massage table
Earthlite vibrating beds with foot controls
Niles S1 1230 integrated sound system with amplifier controls
All stations and cabinets are matching burled oak formica with custom millwork trim
All beauty area chairs are matching brown animal grain vinyl
All massage tables are matching white vinyl
 

Directions: From the intersection of Campbell Station Road and Kingston Pike, travel west on Kingston Pike for 3.2 miles, passed Fox Den Country Club, to property on the left.       

Terms: 10% Buyer's Premium - Successful bidders will deposit 10% of the purchase price (including Buyer's Premium) and is due today in the form of cash, cashier's check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing. CLOSING MUST OCCUR WITHIN 10 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE.

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