BANKRUPTCY AUCTION ON BEHALF OF H. JASON GOLD, CHAPTER 7 TRUSTEE, Nelson Mullins Riley and Scarborough - Initial Bids Due September 20, 2017 - Minimum Bid: $500,000 - Known as the Hail and Hog in Ashburn, Virginia, we are offering substantially all of the assets of this like-new, exceptionally well-located two level restaurant and bar with over 17 years remaining with the current lease. With a highly visible corner location situated at 20376 Exchange Street, Ashburn, Virginia, this formerly operating restaurant lies in the heart of One Loudoun, Loudoun County’s most successful and sought after mixed used developments strategically located in the wealthiest county in the country with a Median Household Income of $117,876. Features of this 12,000+/- SF restaurant and bar include a meticulously designed and constructed interior build-out with many of the best attributes any high capacity, sport bar themed restaurant and bar needs. Customers can enjoy the outdoor seating on the first and second levels. The second level has a separate entrance, allowing for its own theme and events. Both levels boast their own bars with ample customer seating, flat screen TV’s everywhere you look and ample space for hundreds of patrons. Each kitchen – yes, one on each level – has the latest commercial kitchen equipment, ready for the next operator. This space was constructed approximately 18 months ago so it looks and feels like it’s practically brand new.
We are offering all of the assets of the Hail and Hog Kitchen and Tap on behalf of H. Jason Gold, Chapter 7 for the Redskins Grille 1, LLC. The sale includes (a) the Assumption and Assignment of the Deed of Lease between Washington Grille, Inc. and One Loudoun Downtown, LLC dated May 22, 2014 inclusive of all Amendments, and as further described in Proof of Claim 10-1 (the “Deed of Lease”) and (b) all remaining personal property assets, intangible property assets and all leasehold improvements made at and located within 20376 Exchange Street, Ashburn, Virginia (collectively, the “Assets”).
Auction Markets is offering the Assets in their entirety and all for one bid pursuant to the Bidding Procedures pending approval before the US Bankruptcy Court, Eastern District of Virginia, Alexandria Division. (Document 132). Initial bids are due on September 20, 2017. After the bids are reviewed, qualified and approved bidders will be invited to participate in the Final Auction on October 17, 2017. All sales are subject to the approval of the US Bankruptcy Court. A copy of the proposed Bidding Procedures, including the timeline of key events, can be found at RealtyMarkets.com. 3% Broker Participation is available. Contact Auction Markets for details.
For more information about this sale and to schedule a private showing, please contact Stephen Karbelk, CEO, Auction Markets, LLC, 571-481-1037 and firstname.lastname@example.org or Stephanie Young, Senior Sales Associate, Auction Markets, LLC, 571-223-9775 and email@example.com. For legal questions concerning this sale, including questions about the bid procedures, please contact Dylan Trache, Esq. , Counsel to the Trustee, Nelson Mullins Riley and Scarborough LLP at 202-545-2993 or firstname.lastname@example.org.