Buck Lake Mercantile 701 Lakeshore Drive Land, Store & Fixtures, Home


This item sells "Subject To" the owner accepting the final bid price.

Realtor Info:
Moores Agri-Trade Ltd.
Cathy or Trent
780-696-2249

Download PDF Of Realtor Information Package

Financials are available to registered bidders when they have signed a Nondisclosure (Confidentiality) approved by sellers.
Inventory is not included: Buyer agrees to purchase inventory of store & liquor store (at possession day) at seller's cost. (Approx. $75,000.00)

Property Directions: 701 Lakeshore Drive

Presently an essential service. BUCK LAKE MERCANTILE - located on 1.83 acres in the business area along Lakeshore Drive in friendly lake community of Buck Lake. Providing freshly baked goods, fresh subs and pizzas made to order, groceries - fresh fruit & veggies, frozen goods, cleaning supplies, snacks, bottled water. Many continuous compliments are received from customers in regards to the bakery products offered and the customer service provided The Buck Lake Mercantile services local lake area as well as the surrounding rural community. They are the local Alberta lottery ticket operator. Note: to continue to operate both the lottery ticket operation and liquor store the buyer will have obtain from AGLC a Liquor License to continue operating liquor store & a Gaming License to maintain lottery. The liquor store is separate within the main building and has it own access. Pride of Ownership has continued with the current owners Don & Sharon Ens. Also included on this parcel is a cozy 2 bedroom home, with bright kitchen, living room, 4 pce bath with laundry and a large entry/mechanical room. County records indicate that the original portion of store was built in 1956 & the home in 1946. Previous MLS listing states that an appraisal from late 2017/early 2018 listed effective age of both at 36 years at that time. It is believed original store was added onto. Age of addition unknown.

GOODS & FIXTURES INCLUDED Store

Oven - Blodgett
Display Cooler - Coldmatic
Display Cooler - QBD
Display Tables for Produce
Chest Freezers x 2
Display Freezer - Hussman
Display Cooler - ProCool
Display Freezers - TRUE x 2
Shopping Carts x 7
Display Rack with hooks
Till Counter with Conveyor
Tobacco storage
Display - Hot counter top - SkyFood
Display - small for Counter top
Display counter with light
Display counter Coolers - TRUE x 2
Stainless Steel Tables - Doors missing x 3
Food Prep Refrigeration Table - TRUE
Proofing Warmer - Master Bilt
Microwave Ovens x 2
Heat Seal Unit
Sandwich Grill - Oster
Fridge - Kenmore
Meat Slicer - Berkel
Stainless steel 3 sink unit
Rising (baking) trolleys x 3
Metal tables with shelf x 2
Metal shelving racks x 8
Shelf units in Freezer x 4
Steel trolley carts x 2
Rolling conveyor
Small Food Scale - Salter (not for legal trade)
Storage cabinet - lockable
HP Printer
Filing cabinets x 2
Filing cabinet - lateral

GOODS & FIXTURES INCLUDED Liquor Store

Cash Register & POS system
Stools x 2
Shelf Units X 6
Upright Freezer
Air Condition Unit
Delonghi electric heater
Shelf Unit bathroom

GOODS & FIXTURES INCLUDED Home

Fridge & Stove
Washer & Dryer
Microwave oven
Love seat
Table & 4 chairs
Dresser in master bedroom
Double mattress set & frame

GOODS & FIXTURES INCLUDED Outside

Garbage Bins x 2
Firepit & Picnic Tables
40' Sea-can

GOODS & FIXTURES EXCLUDED

Store POS system (includes till unit and server computer) - these are under contract. It is mandatory for the owner to buy it out or continue with the lease
POS software licences X 3 - will need to be transferred to buyer. Estimated cost is $585 for 1st licence and $375 for each of 2nd and 3rd licences,
All antique used for decoration
Metal rack in liquor store
Large oven by kitchen walk-in freezer
Inventory is not included: Buyer agrees to purchase inventory of store & liquor store (at possession day) at seller's cost. (Approx. $75,000.00)
Nestle Freezers x 2 (Vendor Owned)
Pepsi cooler (Vendor Owned)
Coke cooler (Vendor Owned)
Pepsi display shelf unit (Vendor Owned)
Coke display shelf unit (Vendor Owned)
Old Dutch display shelf units (Vendor Owned)
Lays display shelf unit (Vendor Owned)
Water bottle shelf units x 3 (Vendor Owned)

LEGAL	PLAN 0425458 BLOCK 2 LOT 8
LAND SIZE	1.83± ACRES
TAXES (2020)	$3,552.78
MUNICIPALITY	WETASKIWIN COUNTY
ZONING	URBAN COMMERCIAL
DEPOSIT	$25,000
POSSESSION	23 NOVEMBER, 2020
HOME	865± SQ FT
STORE BUILDING	4,392± SQ FT

Partial Terms and Conditions

• In this auction, the acceptance of a bid price is subject to the Seller's Approval.
• AGENT OF THE SELLER: Real Estate Brokerage (Moores Agri-Trade Ltd.) acts only as agent of the seller and not as agent of the Buyer. They will provide prospective buyers with all facts known to the agent that will or may affect the marketability Or value of the property.
• NO WARRANTY: The Buyer shall accept the Property as-is where-is and specifically agrees that neither the Seller, Auctioneer or Realtor makes any representations or warranties of any kind as to the condition or fitness of the Property, environmental or otherwise, or any improvements thereon. All information provided is meant as a guide only. It is the responsibility of all bidders to review all information provided, including "Property Information Package" from the Real Estate Brokerage and the terms of this auction. Bidders shall have satisfied themselves as to the descriptions, location and condition of the property prior to bidding. If clarification is required, it is the bidder's responsibility to obtain clarification from Real Estate Brokerage prior to bidding
• GST: Bid price does not include any applicable GST unless announced otherwise by auctioneer.
• DEPOSIT: Immediately at the close of bidding the successful bidder will make a NON REFUNDABLE deposit payable to the real estate brokerage (as listed in the Property Information Package) in the form of a bank draft or other approved payment. Amount is listed in Property Info Package/or as announced by auctioneer.
• PURCHASE CONTRACT::The Real Estate Purchase Contract that applies to each property will be available for inspection prior to the auction. Title(s) will be clear of encumbrances except those which are to remain on the title. All bidders agree that, should their bid be accepted, they will complete and be bound by the terms of the purchase contract. Buyer will pay the balance of the purchase price to their lawyer on or before Completion Day. Possession will be in accordance with the terms of the Purchase Contracts. Note: These contracts will not be subject to any buyer's conditions.

**TEAM SEKURA AUCTIONS MAIN SALE TERMS ALSO APPLY.