COMMERCIAL REAL ESTATE AUCTION
Tuesday, April 4th at Noon
Registration & Inspection begin at 11:00AM
126 Kessel Road
Fisher, WV
Fully Functional, Operating Radio Station
SUBJECT 1: Turn-key Radio Station
Commercial Building housing operating radio station
All related equipment furnishings, fixtures, records, CDs, etc. owned by Thunder Associates, LLC convey with property
6+/- Acres (as assessed)
Station information:
- Height Above Average Terrain (HAAT) Is 422 Miles
- WQWV – 103.7 Fm Licensed to Fisher, WV. Classic Hit Format and Serving Petersburg, Moorefield, and The General South Branch Valley
- WQWELD 690 Am Licensed to Fisher, WV. Oldies and Classic Hits Format Serving the Potomac Highlands Of West Virginia
- WQWELD 101.7 FM Licensed to Moorefield, WV; Relayed by FM Translator to Widen Its Broadcast Area Country, Bluegrass and Southern Gospel Format
District 5, Map 303, Parcel 17
SUBJECT 2: FCC License
Selling all interest, right and title to the FCC license (subject to FCC approval).
PLEASE NOTE: License transfer is subject to FCC approval. Buyer is solely responsible for the application/approval process for said license. Neither the seller nor Joe R. Pyle Auctions will be responsible for any portion of the application and/or approval process. Should the buyer of the real estate also be the buyer of the FCC license, the sale of the real estate is not contingent upon buyer successfully obtaining approval for FCC license.
SUBJECT 3: Combination of Real Estate & FCC License
Please note: If real estate & FCC license are sold in combination, Buyer will make separate deposits for the Real Estate & FCC license. Should buyer not be approved for FCC license, that deposit would be refundable; however, FCC approval has no bearing on the deposit for real estate and the buyer's obligation to close on real estate.
NOTE FROM WESTWOODONE:
WestwoodOne is the company providing the 3 stations up for auction today with the 24/7 music formats they broadcast locally. They receive these music formats via satellite receive equipment, which we provide at no cost to the station but is not station property. I’m writing to ensure this equipment is returned to us once the station is off air. I’m happy to provide a pre-paid FedEx return label. I’ve attached the receiver quickstart which depicts the unit in question, registered with serial #405823.
New ownership may retain the equipment if they intend to carry on the format agreements currently in place with Thunder Assoc. LLC. They can reach out to Eric Sundstrom to make arrangements or reach out to me to arrange for return of the equipment if they intend to take the stations in a different direction.
Property will be sold free and clear of all liens. Seller is conveying surface rights only with no oil, gas, coal, mineral, or other subsurface interests conveyed unless otherwise noted. 60 days given to close. Announcements sale day take precedence over all advertisements published. 10% Buyers Premium will be added to determine final contract price. Name of purchaser on contract must be the name of the winning bidder or an entity which the winning bidder legally represents. No exceptions. Real estate sold subject to owner confirmation unless otherwise noted. Should the purchaser of real estate also be the purchaser of the FCC license, the sale of real estate is NOT contingent upon purchaser successfully obtaining approval for FCC license.
AGENCY DISCLOSURE: Joe R. Pyle Auction and Realty Service is acting as Auctioneer/Agent and is an agent for the seller only.
DISCLAIMER: All information regarding the description of this property is derived from sources deemed reliable but not warranted. Information is believed to be correct to the best of auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions.
Any references to acreage, unless otherwise noted, are derived from public record and are not warranted. Buyers are responsible for conducting their own research prior to bidding.
BUYER/BROKER INFORMATION: Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available on our website or from the company office. Broker must be registered 24 hours prior to Auction. Brokers/Agents are not entitled to a commission if they are the purchaser.
FCC LICENSE PURCHASE TERMS: 10% down payment made day of auction (or within 24 hours for online bidders) with balance due within 14 days following FCC approval. Cash, check, & wire transfer accepted. Credit cards will not be accepted for the down payment. 10% Buyer’s Premium.
We don't just list your property - WE SELL IT!
JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE
Joe R. Pyle, Broker
(888) 875-1599
5546 Benedum Drive Shinnston West Virginia 26431
www.joerpyleauctions.com
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