WEATHERFORD, Texas, May 15, 2012 (GLOBE NEWSWIRE) -- National Commercial Auctioneers [www.natcomauctions.com] announces the bankruptcy auction of a turn-key food processing facility in Weatherford, Texas, on Thursday, June 21, 2012, at 10am local time, according to Brent Wellings, auctioneer and project manager.
This auction is conducted pursuant to case J.W. Kennedy Inc. (07-43666-DML-7), US Bankruptcy Court, Northern District of TX, Fort Worth Division.
"We have an excellent opportunity here to purchase a turn-key food processing facility in a fast-growing area at auction prices," said Wellings.
Located at 1318 Clear Lake Road in Weatherford, the property was formerly used as a hot bone sausage plant and smoked products facility. The approximately 7.1 acres of land are improved with a 41,161 square foot processing facility, a 12,168 square foot warehouse and a 2,220 square foot shop building.
Within the main processing building there are approximately 12,000 square feet of cooler/freezer space and 6,220 square feet of office space. A live animal holding area, kill floor, processing floor, and smokers take up the remaining footage. Two industrial smokers are in place within the facility. The main building is constructed on a reinforced slab foundation with exterior tilt walls.
The warehouse building has the potential for multiple tenant use if desired. There are currently 11 separate spaces with concrete floors in the building. The warehouse is built on a dock high concrete slab foundation. The metal shop building on the backside of the main structure was used to service the original owner's fleet vehicles.
The property is currently split zoned industrial and commercial. The north portion of the property is zoned commercial and encompasses the pecan grove. This is an excellent opportunity to capitalize on additional land for development. The portion of the property which holds the processing plant is zoned Industrial.
"Weatherford is one of the fastest growing cities in the country," noted Wellings, "and it's only 20 miles from the Dallas / Fort Worth metroplex."
Broker participation is encouraged. The property may be inspected during scheduled previews or by appointment. For more details on how to receive the property information package and complete terms visit www.natcomauctions.com or call (877) 895-7077.
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