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"MORTGAGEE POWER OF SALE" LIVE ON-SITE & INTERNET WEBCAST REAL ESTATE AUCTION SALE (2) INDUSTRIAL BUILDINGS, TOTALLING APPROX. 27,380 SQ. FT. C/W CRANEWAYS, AND 1.3 ACRE PAVED & FENCED LOT "BUILDING 1": APPROX. 22,275 SQ. FT. ● "BUILDING 2": APPROX. 5,105 SQ. FT. AUCTION DATE: FRIDAY OCTOBER 16TH., AT 12 NOON AT 600 ELLIS STREET WEST, WINDSOR, ONTARIO, CANADA UNDER INSTRUCTIONS RECEIVED FROM "THE MORTGAGEE, UNDER POWER OF SALE", WE HAVE BEEN RETAINED TO OFFER THE FOLLOWING REAL ESTATE FOR SALE BY PUBLIC AUCTION, "SUBJECT TO A MINIMUM STARTING BID", AND TERMS AND CONDITIONS OF SALE: BLDG. NO. 1 BLDG. NO. 2 LOCATION: The property is located in the north-central section of the City of Windsor, Ontario, Canada's 5th largest industrial centre, 10 kms. north of Highway 401, and 3 kms. from the Ambassador Bridge, the U.S.A.-Canada International Border crossing, at Detroit, Michigan • the property has good access to Canadian and U.S.A. major transportation routes • the property fronts along the north side of Ellis St. West, just west of Janette St., 6 blocks west of Ouellette Ave., the area's main commercial corridor, 4 blocks north of Tecumseh Rd. West, and 2 kms. southwest of the city's downtown business core • A Canadian Pacific rail yard is adjacent to the property on the west side • LAND: The lot is an irregular rectangular shape, containing approx. 1.3 acres of level land, with approx. 198.25 ft. frontage on the north side of Ellis St. West • the lot is mostly asphalt paved, and fenced • Assessment Roll Number is 3739-O40-450-00200-0000 • Property Identification Number (PIN) is 011980526 • 2008 taxes were approx. $55,987.51 • legal description Is: Registered Plan 1253, Lots 40 to 49, Part Closed Caron Ave. & Ellis St., Windsor • municipally known as 600 and 602 Ellis St. West, and also known as 666 Ellis St. West • SERVICES: Municipal services available to the site are industrial grade hydro-electric service, municipal water, natural gas, sanitary and storm sewers, telephone, police and fire protection • ZONING: Zoning is "MD1" Manufacturing District • Windsor Official Plan designates the property as "Industrial" • the property suits many industrial and manufacturing uses, etc., & was most recently utilized as a cobble stone manufacturing plant • BUILDING NO 1: A free-standing, industrial manufacturing/warehouse bldg., having a total area of approx. 22,275 sq. ft. • plant area is approx. 19,168 sq. ft., main floor finished area is approx. 1,780 sq. ft., and second floor finished area is approx. 1,327 sq. ft. • construction is concrete block with poured concrete floors • ceiling height is approx. 18' and 22' • (3) approx. 12' x 14' overhead drive-in shipping doors • Munck 10-ton overhead bridge crane with runways, and additional overhead bridge crane runways • heating & cooling is provided by a combination of forced-air natural gas unit heaters, & roof-mounted HVAC units • BUILDING NO 2: A free-standing, industrial manufacturing/warehouse bldg., having a total area of approx. 5,105 sq. ft. • plant area is approx. 3,639 sq. ft., main floor finished area is approx. 733 sq. ft., and second floor finished area is approx. 733 sq. ft. • construction is concrete block with poured concrete floors • ceiling height is approx. 16' • (1) approx. 12' x 14' overhead drive-in shipping door • overhead bridge crane runways • heating & cooling is provided by a combination of forced-air natural gas unit heaters, & roof-mounted HVAC units • TERMS AND CONDITIONS OF SALE: The Real Estate is being offered For Sale by Public Auction Subject to a Minimum Starting Bid • A $10,000.00 certified cheque, or bank draft, payable to TCL Asset Group Inc., in Trust, is to be deposited with TCL Asset Group Inc., at registration, day of auction, in order to bid on the Real Estate • This deposit will be applied against the purchase price of the successful bidder • A further $15,000.00 deposit by certified cheque or bank draft, payable to TCL Asset Group Inc., In Trust, is payable within seven (7) days of acceptance • The balance of the Purchase Price is payable on closing within thirty (30) days, of acceptance, subject to the usual adjustments, and in accordance with the full Terms and Conditions of Sale, to be provided • Cheques or drafts of unsuccessful bidders will be returned immediately after the auction • If not sold by auction, the Real Estate will be offered for sale by private negotiations, immediately after the auction • Bidspotter.com Online Internet Bidders must have the required $10,000.00 certified cheque, or bank draft, deposit at TCL Asset Group Inc.'s office not later than one (1) day prior to the auction, along with properly executed Purchase Documents, in order to bid for the Real Estate Online • PLEASE NOTE: The auctioneer makes no warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained. It is for this reason that buyers should avail themselves of the opportunity to make inspection of the Real Estate prior to the sale • Complete Terms & Conditions of Sale, and Property Information Packages, etc., are available on request, at inspection, or on our website • Any published information is subject to written or oral amendment by the Auctioneer • Auctioneer’s announcements day of sale take precedence over published information • E. & O. E. ONSITE INSPECTION DATES: Friday October 9th., & Thursday October 15th., from 12 noon until 4 p.m., each day, & morning of sale • DIRECTIONS: From Highway 401 At Windsor, Take Dougall Ave. Exit • Go north on Dougall Ave., it will change into Ouellette Ave. • Continue north on Ouellette Ave. to Ellis St. West • Go west on Ellis St. West to auction site, #600 (a.k.a. #666), just west of Janette Ave. • IF YOU ARE UNABLE TO ATTEND THE ON-SITE AUCTION ON-LINE INTERNET BIDDING IS AVAILABLE AT: WWW.BIDSPOTTER.COM IMPORTANT UPCOMING AUCTION NOTICE – OCTOBER 20TH, MACTAQUAC, NEW BRUNSWICK "PRECISION NUCLEAR INC." 2006 STATE OF THE ART "CLASS 1 NUCLEAR CERTIFIED " PRECISION TOOL & DIE MACHINING FACILITY INCLUDING (2) INDUSTRIAL BLDGS. PLEASE CALL OR VISIT OUR WEBSITE FOR FURTHER DETAILS ON THIS AND OTHER SALES www.managingyourassets.com 4610 Dufferin St., Suite 209, Toronto, Ontario, Canada M3H 5S4 Tel: 416-736-1367 • Fax: 416-736-4159 • E-mail: firstname.lastname@example.org "MANAGING YOUR ASSETS FOR OVER 50 YEARS"
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