Auction Details
Villeneuve Airport Hangar/Industrial Building located on 10(+/-) acres of leased land in Sturgeon County. The building includes a 9,000 sf shop/hangar and a 7,200 sf cold storage bay. The building was built in 2010 with a 50 year lease (expires in Oct 2059) for the land from the Villeneuve airport. Zoned AP:Airport Zoning with the Edmonton International Airport Zoning regulations. The building is developed with the fireproof steel framed structure with metal/tin siding and roofing. There is approx 3,000 sf of office space within the building and the general hangar space is heated with In floor heating and a poured concrete foundation.
The auction winning bid is subject to courts final acceptance, and the lease interest shall be subject to approval by the Edmonton Regional Airport Authority. The courts will determine possession date. Property is sold as is, where is, no representations and warranties basis with all risks, including any environmental risk, being solely the responsibility of the purchase or purchasers, as applicable.
MLS list price is reflective of the Auction opening bid price.
A Buyer's Premium of 6% will be added to the final bid and will constitute a portion of the selling price.
The Successful Bidder will be required to complete a UNCONDITIONAL Purchase Contract and forward a non-refundable 10% deposit within 48 hours of the completion of the auction which the office of Miller Thomson will present to the Court. There is a reserving right to accept or reject the final bid by the courts, and the lease interest shall be subject to approval by the Edmonton Regional Air
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