TONKIN – October 28, 2023

PUBLIC AUCTION OF “THE TRURO” RESTAURANT IN WILLIAMSFIELD, IL 

Due to the relocation of the owners, this fully equipped, completely renovated restaurant will be offered for sale at live auction on location at 102 W. Gale St. Williamsfield, IL, on 

SATURDAY OCTOBER 28TH, 2023                        AT 10:00 A.M. 

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An OPEN HOUSE will be held on Thursday October 12th from 5-6 p.m. Pictures can be found online at www.folgersauctionservice.com and LIKE US ON FACEBOOK. The Truro will remain open regular hours during this procedure. Contact the auction company for other possible viewing times. 

DESCRIPTION: This building, located in the heart of Williamsfield, was purchased in Feb. of 2021. Seven months of extensive renovation was then performed. There is entirely new flooring (joists, tiling, flooring, etc.) in the kitchen and the main dining area, along with restoration of the orig. beadboard ceiling. All new windows were installed. The drive through behind the building is also new. Other features include all new electrical (400 amp upgraded), new plumbing and water consumption treatment, all new high end lighting, repaired and painted roof, new exterior vents, remodeled extra side room and bathrooms, a complete Coffee/expresso machine (Laspaziale59, over 8000.00), Avanto refrigerator to floor w/glass double doors, 2 Maxx Cold ice cream freezer/machines, Duke stainless warming table, Halo Heat lg. grill, South Bend Blower oven, walk in cooler, industrial mixer, industrial meat cutter, many refrig. units, updated fire suppression, rebuild walk in coolers, other new restaurant equipment, very nice bar stools, tables, booths and chairs, stone fireplace with seating area and deer mount. (over $40,000.00 in equipment alone). Almost all décor will remain as pictured. This business is being offered as a turn key operation, or an all-inclusive blank slate to create your own dream business. The possibilities are endless.  

TERMS: A non-refundable 10% down the day of auction will be required with the remaining balance to be pd. in full In approx. 30 days or before. We have a starting bid of 150,000.00. The auction will be conducted live from that point on. We will accept pre-approved silent bids or phone bids that are pre-arranged with the auction service above that starting bid, or you may bid live on auction day. Do not miss out on this established business to fulfill your own ideas.  

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MATT AND LORA TONKIN—OWNERS 

FOLGER’S AUCTION SERVICE, INC.—WILLIAMSFIELD, IL (JIM AND CATHIE GIBBS, OWNERS), JIM FOLGER, MATT SHIPLEY—WILLIAMSFIELD, IL  Ph. 309-368-6314 or 309-337-2150  #440000040  Email: [email protected]  No credit cards accepted for real estate.   ATTORNEY FOR SELLER—Egan Law Office, Galesburg, IL   Ph. 309-343-5010