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Billboard Lease for Sale

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Listing Information

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Billboard Lease for Sale



Minimum Price: $42,800.00


Other Item Info
Item #: scbke_253247
Created: 06/18/2014
Category: Business Property > Financial > Lease Rights
Sale Date: None Set
Seller Info
Elizabeth M. Atkins
Debtor's Attorney
778 St. Andrews Blvd
Charleston, SC 29407
(843) 763-0333
Bankruptcy Info
Case #: 2:14-bk-00802
Case Title: TREE OF LIFE CHURCH
Court: South Carolina Bankruptcy Court
Chapter: 11
View Case Docket

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Description

Sale of Billboard Lease described as, A 99 year easement of one side of billboard located on Seller's real property located at 6337 Rivers Avenue, N. Charleston, SC 29406 identified as Panel #52376. Seller proposes the assignment of the lease of said billboard with Adams Outdoor Advertising to Landmark Dividend, LLC. Annual lease payments from Adams Outdoor Advertising are currently in the amount of $6,000 and shall be divided between Landmark Dividend, LLC and Seller with each receiving one half of the annual lease payment including any increases in the current lease amount as provided by the lease escalation provision.


Additional Details

Last date to respond: July 8, 2014



Other Information

Terms and Conditions:

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