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Manitou Springs Storage(formerly Treasure Chest Self Storage)
Friday, September 17, 2010 12:00 PM
Come see us!!!
What's a Storage Auction?
It's a Treasure Hunt!! Self-store facilities are all over the country. People store their possessions when they're moving or when they simply need more space. Businesses use self-store facilities as an alternative to renting warehouse space. Despite management's efforts to collect rent, some folks simply don't pay their bill and management must sell the contents of the unit to the highest bidder.
What kinds of things will I find for sale?
Anything and everything! Furniture, clothes, electronics, appliances, tools, cookware, business equipment, books, and even vehicles. You never know. We sell the entire contents of the unit.
How does it work?
You simply show up the day of auction and sign in. As we begin the sale of each unit, we open the door, and you can look inside, but you can't go in. The mystery is part of the fun. You're bidding on the whole unit. Once you win the bid, you must pay immediately (cash only), and you'll usually have 24 hours to clear out all of the items in the unit. Some storage facilities require a cash deposit to ensure you remove everything.
Can I buy just certain pieces?
No, but that's part of the fun. You're buying the entire contents of the unit. Everything, the good and the bad, the junk and the treasure. There will likely be closed boxes, so until you open them, there's no way to know what prizes may be waiting for you. You might find that rare antique, that prized tool set, and perhaps, there's a car hiding behind the boxes. You just never know.
What do I do with the things I buy?
That's up to you. Some people find the items will work nicely for their own homes or businesses. Some people sell the items and make tremendous profits. Some items can be donated to charity for the tax benefits. Its entirely up you.
Storage Auction Terms and Conditions:
This is a CASH ONLY sale, and payment is due IMMEDIATELY when you buy a unit. There is no time to leave and get money. We do NOT accept checks, credit cards, cashier checks, or traveler’s checks. JUST CASH.
You are bidding on the entire contents of each unit. The manager will unlock and open the door to each unit. You will have just a minute or two to look at the contents from OUTSIDE the unit. You may not enter. A flashlight would be helpful.
The entire contents of the unit will be sold, and the winning bidder must take everything out of the unit, leaving it broom-swept so that it can be immediately re-rented. You may not use the dumpster on site. You will usually have 24 hours PER UNIT for removal. If you buy 3 units, you’ll have 3 days. Some locations will gladly work with buyers of large or multiple units.
There are no guarantees or warranties on anything in the unit, so BUYER BEWARE.
Unless you have a copy of your resale exemption certificate with you, you will be charged sales tax. In most cases, you will also be required to post a $50 cash deposit on the first unit, and a total of $100 cash deposit for 2 or more units. This deposit will be returned if the unit is emptied and cleaned within the timeline established for each location. If you fail to clean the unit out, you will forfeit the deposit.
There is no smoking at storage auctions.
Announcements made at the time of the auction supersede any printed announcements.
See our webpage about storage auctions for more information.
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