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SALE OF PDRTA OWNED PROPERTY, LAND, AND IMPROVEMENTS LOCATED AT 3908 SC HIGHWAY 9 IN CHERAW, SOUTH CAROLINA

posted on Wednesday, July 25, 2018

>>>Download Property Bid Form 

ADVERTISEMENT FOR THE SALE OF PDRTA OWNED PROPERTY, LAND, AND IMPROVEMENTS LOCATED AT 3908 SC HIGHWAY 9 IN CHERAW, SOUTH CAROLINA

Pee Dee Regional Transportation Authority requests individual bids for the purchase of the following commercial property:  PDRTA Office Building, Shop, and 1.50 ac Site.

The property will be sold "as is, where is, with all faults" along with all rights and appurtenances pertaining thereto. The property may be visited for inspection purposes between 9AM and 3PM on July 31 and on August 7.

Bids on PDRTA bid forms must be received on or beforeAugust 15, 2018 at 3:00 PM.  Bids shall be delivered to PDRTA, 313 S. Stadium Rd., Florence, SC 29506 and enclosed within a sealed envelope marked "Bid.".  Bid forms are available at the above address or by calling 843-519-0885 during business hours.  All bids shall remain in effect for 90 days after the date of submission and must be accompanied by a $3500 bid security deposit in the form of a cashiers or certified check,payable toPee Dee Regional Transportation Authority. Bids will be opened at 3:00 p.m. in the board meeting room at PDRTA, 313 S. Stadium Rd., Florence SC. The successful bidder's security deposit is non-refundable upon acceptance by the PDRTA. In the event that the successful bidder fails or refuses to close the property transaction within sixty (60) days following acceptance of the bid by the PDRTA Board of Directors, PDRTA shall have no obligation thereafter to sell the property to the successful bidder and the bid security deposit shall be forfeited to and shall become property of PDRTA.  

PDRTA, by advertising this property, is not making, and specifically disclaims any warranties or representations of any kind or character, express or implied, with respect to the property, including, but not limited to, warranties or representations as to matters of title, zoning, tax consequences, physical, or environmental conditions, availability or access, ingress or egress, operating history or projections, valuations, government approvals/regulations, or any other matter or thing relating to or affecting the properties, including without limitation, (1) the value, condition, merchantability, marketability, profitability, suitability, or fitness for a particular use or purpose of the property; (2) the manner or quality of the construction or materials incorporated into the properties,; and (3) the state of repair or lack of repair, of the property.  Buyer must agree that with respect to the property, Buyer has not relied upon, and will not rely upon, either directly or indirectly, any representation or warranty of Seller or any agent or affiliate of Seller.  Buyer represents and warrants that Buyer is a knowledgeable purchaser of real property and is relying solely on Buyers own expertise or that of Buyer's consultants, and that Buyer will conduct such inspections and investigations of the property  as Buyer deems necessary, including but not limited to, adverse physical and environmental conditions that may not have been revealed by Buyer's inspections  and investigations.  Buyer acknowledges and agrees that the property is sold and conveyed by Seller and accepted by Buyer "as is, where is, with all faults" and there are no oral agreements, warranties, or representations collateral to or affecting the property by Seller, any agent or affiliate of Seller, or any third party. 

Conveyance will be by "Quit Claim Deed."  If the property is to be conveyed in any name other than the person or entity making the bid, this fact must be set out at the time of the bid.  Conveyance will be made and accepted subject to any and all easements, restrictions, reservations, or other instrument of record affecting the properties.  In addition to the payment in full of the bid amount, the Buyer will be responsible for its closing costs, attorneys' fees, pro rata share of taxes, if any, recording fees and any other cost incurred by the Buyer to close the purchase.  PDRTA will charge Buyer $300 for deed preparation.

If a title insurance policy is desired, the cost shall be borne by the purchaser.

For further information concerning this request for bids, contact Don Strickland at 843-519-0893.

PDRTA reserves the right to reject any and all bids, even the highest bid, for any reason at its sole and complete discretion.  All bids are subject to PDRTA Board Approval. 

All rights reserved. Copyright 2009 - 2010, Pee Dee Regional Transportation Authority