PROPERTY LOCATION
6112 Sugar Hill Rd
Brookneal, VA 24528
AUCTION LOCATION
Live auction held on-site at:
6112 Sugar Hill Rd
Brookneal, VA 24528
Online and phone bidding also available.
DETAILS
- Beautiful 150 ac farm with 3 ponds
- Great mixture of fertile farm land, fenced pastures, and mature timber land
- +/-2900' of road frontage on Sugar Hill Rd
- +/-1700' of road frontage on Gilliam Rd
- (2) homes
- 6112 Sugar Hill Rd: brick home built in 1944 offers 1456 sq.ft., 3 bedrooms, 1 bath, and 684 sq. ft basement
- 6190 Sugar Hill Rd: 2 bedroom home is granted a life estate to Reva Pollard Nichols
- 3 ponds (2.1 acres, 0.9 acres, 0.31 acres)
- Several older out buildings including barns, workshop, storage buildings, garage, equipment sheds, log barns, etc
- Approx. 100 acres of open fields and pastures
- Campbell County tax parcels 79-A-7A and 79-A-13
- Sells ABSOLUTE to the highest bidder(s)
Offered in 2 Tracts and As A Whole
- TRACT 1: 113 acres on Sugar Hill Rd
- Approx. 2,900' of road frontage on Sugar Hill Rd
- 3 ponds and creek
- over 75 acres of open land
- (2) homes
- Multiple out buildings, sheds, and barns
- TRACT 2: 40 acres on Gilliam Rd
- Approx. 1,700' of road frontage on Gilliam Rd
- Over 23 acres of fenced pasture land
- Timber and streams
NOTES:
- There is a life estate on the small white house (6112 Sugar Hill Rd )
- Owner says no septic systems serve the property
- Tracts do not match current tax parcels. Owner will provide new survey if sold in tracts.
- Sells absolute to the highest bidder(s)!
DIRECTIONS TO PROPERTY
- From Rustburg: 24 East half mile to RIGHT on Red House Rd. 18.4mi to RIGHT on Sugar Hill Rd (600). 3mi on right.
To access Tract 2, go back up Sugar Hill Rd 1mi to LEFT on Gilliam Rd (639). 3/4mi to property on left. - From Red House: VA-727S to RIGHT onto Lawyers Rd. 1mi to LEFT onto Sugar Hill Rd (600). 3mi on right.
To access Tract 2, go back up Sugar Hill Rd 1mi to LEFT on Gilliam Rd (639). 3/4mi to property on left.
AGENT ON SITE
- Sun. May 1 from 1-3pm
- Thurs, May 5 from 12-2pm
- Tues, May 10 from 4-6pm
- Guided tours by appointment
- Self-guided tours ok anytime. Please do not disturb Ms. Nichols (life estate tenant) at 6190 Sugar Hill Rd.
TERMS SUMMARY
- 10% deposit due day of sale by cash or good check. Closing on or about 30 days. 5% buyer's premium. Click on "Terms" tab for full terms and conditions.
Terms: Property sells "AS-IS" without warranties of any kind. Potential Buyers must perform such independent investigations with respect to the Property as they deem necessary to verify information provided by Auction Company.
Warranty: All information provided by Auction Company is deemed reliable but is not warranted. The information provided by the Auction Company is subject to verification by all parties relying on it. No liability for its accuracy, error or omission is assumed by the Auction Company.
Title: Seller will convey title by General Warranty Deed free and clear of all liens.
Registration: Bids will be accepted only from registered bidders. On-site registration begins at 11:30AM day of sale. You may also pre-register on our website or phone app. Deadline for phone and online bidding registration is 6PM EST on the day prior to the auction. A valid form of identification (i.e. driver's license) may be required to register onsite or online.
Online Bidding: Online bidding is available for your convenience. However, due to the technical nature of online bidding, bidder acknowledges that this service may or may not function correctly the day of the auction. Torrence, Read, & Forehand Auctions will not be responsible for missed bids from any source. Online bidders who desire to make certain their bid is acknowledged should use the prebidding function and leave their maximum bid 24 hours before the auction begins. Winning bidders will be notified by email and/or phone and receive instructions for signing the Contract of Purchase (must be returned within 24 hours) and submitting the Deposit (see below).
Announcements: Announcements made on day of sale take precedence over all prior communications, both verbal and written, concerning the sale of the Property.
Approval: Property sells absolute to the highest bidder(s).
Buyer's Premium: A 5% buyer's premium will be added to the high bid to determine the final sales price.
Deposit: Deposit equal to 10% of final contract price (bid price plus buyer's premium) due day of sale by cash or good check. Online bidders may overnight deposit or wire transfer funds so it is received within 2 business days.
Closing: Balance of Purchase Price shall be due at closing on or about 30 days after the sale.
Agency: The auction company and its representatives represent the sellers.
