Pittsylvania County at the City of Danville Corporate Limits
REAL ESTATE AUCTION

70± Acres Offered in 12 Parcels – Former Hughes Memorial School
13 Buildings and Development Land
SOLD – December 2006

The former Hughes Memorial Home property is located in Pittsylvania County, Virginia, just outside the Danville city limits. The beautifully landscaped property with mature hardwoods has more than 2,500 feet of frontage on Rt. 41, Franklin Turnpike, and more than 1,350 feet of frontage on Rt. 743, Orphanage Road. The original buildings, which were constructed in the 1920’s, are brick, have slate roofs and are said to have been constructed as bomb shelters as well as a beautiful community to serve orphans. Nine of the buildings received extensive renovations in 1999 and 2000 including new heating and air conditioning, plumbing, electrical wiring and cosmetic improvements.

The property will be offered in 12 parcels. Bidders may bid on single parcels, any combination of parcels or the entire property. The buildings comprising the main campus are contained in Parcels 6 through 12, which include an administration building, school building, dining hall with commercial kitchen, gymnasium with indoor swimming pool, five dormitories, two staff cottages, a stately director’s residence with detached garage and a maintenance shop. The gross building area is 62,629± sq. ft., excluding the maintenance building and two staff cottages. Parcels 1 through 5 are vacant land with extensive road frontage which could be utilized for development or included with the main campus.

In addition to the buildings, improvements include 96,000± sq. ft. of paved entrance and interior streets, 8,200± linear ft. of concrete curbing, 950± linear ft. of 4 foot wide concrete sidewalks and 1,000± linear ft. of board fencing.

Public water, sewer, electricity, natural gas, telephone and cable are available to the site. The property is a portion of Pittsylvania County Tax Map Parcel No. 151-A-8. It is zoned A-1, Agricultural District, which permits a wide variety of uses, including single family housing, colleges, churches, riding stables, veterinary hospitals and clinics and day care centers. Many other business uses are allowed by special use permit.

This valuable property is ready for immediate occupancy. It could easily continue to be utilized as a residential facility for children. It would make an outstanding corporate or religious retreat center or college facility. Other possible uses for this truly unique property are limited only by the buyer’s imagination. The division of the property into parcels offers buyers the rare opportunity to buy a single tract with a modern office building, a stately residence, desirable vacant land for development or any combination of parcels to fit their needs.

Tract

Acreage±

1 2.812
2 3.280
3 3.334
4 7.570
5 6.056
6 21.914
7 4.989
8 2.678
9 3.264
10 1.908
11 3.683
12 8.512
Total 70.0

Parcel 1: Perfectly located 2.81± ac. corner lot with 334± feet of frontage on Rt. 41, Franklin Turnpike, and 407± feet of frontage on Rt. 743, Orphanage Road.

Parcel 2: This parcel is a level 3.28± ac. lot with 364± feet of frontage on Rt. 41.

Parcel 3: Beautiful level 3.33± ac. lot with 360± feet of frontage on Rt. 41.

Parcel 4: This level 7.57± ac. lot has 419± feet of frontage on Rt. 743.

Parcel 5: Parcel 5 is 6.05± acres and has 339± feet of frontage on Rt. 743.

Parcel 6: This 21.9± ac. parcel contains eight of the thirteen buildings being sold. The entrance to this parcel is from a 53± ft. entrance on Rt. 743. The improvements include the dining hall, gymnasium, three dormitories, maintenance building and two staff cottages.

Dormitories: Three dormitories, Overbey House, Pollard House and Carrington House are located on this tract. Overbey House and Pollard House have been totally renovated including interior walls, ceilings, floors, new HVAC, plumbing and electrical systems. Each is approximately 6,050± sq. ft. and have similar floor plans. The first floor is partitioned for an entry foyer, two living rooms, two study rooms, two lounges, a staff office with file room, two kitchens, two laundry areas, two restrooms and several storage closets. The second floor includes eight bedrooms, four bathrooms with showers and two staff offices. There is a full basement with unfinished storage space. The third dormitory, Carrington House, is a one and two-story brick building containing 5,673± sq. ft. with a full basement containing a kitchen. It has received no recent renovation.

Dining Hall: The 5,331± sq. ft. dining hall was totally renovated in 1999 including interior walls, ceilings and floors, new HVAC, plumbing and electrical systems. The first floor includes a large dining room, commercial kitchen, two offices, a storage room and three restrooms. The basement has storage and a laundry area.

Gymnasium: The first floor of this 5,242± sq. ft. brick building has an entry lobby, office, storage room, large open gym area with heart-of-pine basketball court, stage and an elevated mezzanine area with movie projection booth. The basement level has a 25’ x 65’ concrete swimming pool and boys’ and girls’ dressing rooms with restrooms. The building has received minimal renovation including repainting of the swimming pool and upgraded electrical service.

Staff Cottages: There are two staff cottages on this parcel. They have not been renovated. One is a brick house with a living room, kitchen, dining room with French doors, three bedrooms, one bathroom, one fireplace and an enclosed porch. The second residence is a frame cottage with kitchen, living room, three bedrooms, one bathroom and two fireplaces.

Maintenance Building: The one-story 6,627± sq. ft. maintenance building which has not been renovated has an office, workshop area, large garage area and several storage areas, including a full basement.

Parcel 7: Parcel 7 is 4.98± acres with frontage on Franklin Turnpike and includes the School Building and Wheatley House, a totally renovated 6,062± sq. ft. dormitory with the same basic layout as the dormitories on Tract 6. The School Building, a completely remodeled 9,320± sq. ft. one-story plus basement brick structure, has offices, classrooms and a large multi-purpose room.

Parcel 8: This 2.67± ac. tract with 574± ft. of frontage on Rt. 41 has a wood plank fence, mature hardwoods and numerous ginko trees.

Parcel 9: This 3.26± ac. parcel has 506± ft. of frontage on Rt. 41 and features mature hardwoods, numerous ginko trees and a wood plank fence.

Parcel 10: This 1.9± ac. parcel features the Administration Building, a 9,588± sq. ft. two-story brick building with slate gable roof built in 1926. It has a large entry foyer, reception and secretarial areas, 11 offices, 5 restrooms, a break room, nurses’ station, vault, chapel and a 2,569± sq. ft. basement with a vault and storage areas. The building, which was completely renovated in 1999, has gas fired forced air heat and electric central air conditioning. Renovations included interior walls, ceilings, floors new HVAC, plumbing and electrical services. It has 50± feet of frontage on Rt. 41.

Parcel 11: The 3,216± sq. ft. Director’s Residence and detached garage are located on this 3.68± acre parcel which has 124± feet of frontage on Franklin Turnpike. The dwelling has received minimal renovation, including new electrical and plumbing systems. It has an entry foyer, living room, dining room, kitchen, pantry, half bath and fireplace on the first floor. There are four bedrooms and a full bath on the second floor. Floors are hardwood and tile. Heat is gas-fired hot water. There is also a basketball court on this parcel.

Parcel 12: This 8.51± acre parcel has 164.9± feet of frontage on Franklin Turnpike. Starling House, a 6,086± sq. ft. dormitory, is located on this parcel. Starling House has the same basic layout as the dormitories on Parcel 6 and has been totally renovated. A picnic shelter with fireplace is also located on this tract.

John E. Hughes was a successful businessman who was born in Pittsylvania County in 1870. When he died in 1922, his will directed that the farm where the Hughes Memorial Home is located and the bulk of his estate be used to establish an orphanage. The bequest provided the site, the funds for construction of the facilities and an endowment to supply operating income. The construction of the facility began in 1926, with the laying of the cornerstone of the Administration Building where Mr. Hughes’ portrait hangs. The Home opened in 1927 and grew to accommodate 116 children by 1931. It provided service continually until 1999, when the campus was leased for a five-year period to Presbyterian Homes & Family Services, Inc. and more than $1,390,000 in renovations were made to the buildings.

Directions:

From Roanoke (approximately 75 mi.): Take Rt. 220 South past Martinsville to Rt. 58 East. At the Danville City Limit, follow Rt. 58 East Business until you reach Rt. 29 North BUSINESS toward Lynchburg. Take Rt. 29 North Business (also called Piney Forest Rd.) and go 3.3 mi. to Rt. 41, Franklin Turnpike. Turn left on Rt. 41 North. The entrance to the campus is .9 mi. on the left.

From Greensboro (approximately 50 mi.): Take Rt. 29 North toward Reidsville/Danville. When you approach Danville, take the Blairs/Danville exit (Rt. 726 to Rt. 29 Business). At the end of the ramp, turn onto Rt. 726 (Malmaison Rd.) toward Rt. 29 Business/Danville and travel .2 mi. to Rt. 29 Business. Turn left onto Rt. 29 South Business and travel 4.8 mi. to Rt. 41, Franklin Turnpike. Turn right on Rt. 41 North and go .9 mi. to campus entrance on the left.

From Charlottesville (approximately 125 mi.): Take Rt. 29 South toward Danville/Lynchburg. When you approach Danville, take Rt. 29 South Business (Blairs/Danville exit). Go 4.9 mi. on Rt. 29 South Business to Rt. 41, Franklin Turnpike. Turn right on Rt. 41 North and travel .9 mi. to campus entrance on the left.

Broker Participation:

Any broker actively licensed in the Commonwealth of Virginia whose agent properly registers the successful high bidder will be paid a two percent (2%) commission at settlement by the Seller. Registration must be on a Woltz & Associates, Inc. Broker Participation Application form and contain the name, address and signature of agent and prospect as well a Broker’s license number and Federal Tax ID number. The form must be received in the office of Woltz & Associates, Inc. by 12:00 noon on December 7, 2006. If prospect attends preview, agent must attend with prospect. Additionally, agent must attend sale and co-register with prospect on auction day. Only the first broker to register the high bidder will be paid a commission. Agents acting as principals, on behalf of licensed real estate agents, on behalf of family members, on behalf of entities in which they hold an ownership interest or who represent prospects who have had prior contact with seller or auction company are not eligible. Only one registered bidder per agent.

Basic Terms & Conditions:

  1. REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at 11:00. Please bring a driver’s license for identification.
  2. TERMS OF SALE: The real estate is being sold subject to seller confirmation. The personal property will be offered for sale at ABSOLUTE auction following the sale of the real estate
    provided the sale of real estate is confirmed. All property is sold “AS IS, WHERE IS.” Bidders should perform such independent investigation with respect to the property as they deem
    necessary or appropriate. ALL SALES ARE FINAL.
  3. ANNOUNCEMENTS: Announcements day of sale take precedence over all prior releases,
    verbal and written, concerning this sale.
  4. BIDDING: Registered bidders may bid on individual tracts of land, any grouping of tracts or on the whole property. Bidding on the personal property will be permitted by registered bidders on site, as well as those who have registered to bid on Proxibid. There will be no on-line bidding on the real estate. See proxibid.com for payment terms applicable to on-line bidding.
  5. BUYER’S PREMIUM: A Buyer’s Premium will be charged on the real estate and the personal property. The Buyer’s Premium on real estate is five percent (5%) of the high bid amount. The Buyer’s Premium on personal property is ten percent (10%) of the high bid. The Buyer’s Premium is added to the high bid amount to determine the sale price. Those bidding on personal
    property via Proxibid will also be charged a 3.5% fee by Proxibid for on-line bidding.
  6. DEPOSIT: A deposit on the real estate in the amount of ten percent (10%) of the sale price (high bid plus Buyer’s Premium) will be required on day of sale. The deposit is payable by cash, cashier’s check or pre-approved personal check made payable to Woltz & Associates, Inc. Escrow Account. Personal checks will be approved if the Buyer presents, at time of registration, a letter from its bank stating that the Buyer is a customer of the bank and that the account on which the check is drawn is in good standing. Personal property must be paid for in full on sale day by the same forms of payment as for the real estate.
  7. REAL ESTATE CLOSING DATE: The balance of the purchase price for real estate is due at
    settlement on or before January 8, 2007.
  8. TRANSFER OF TITLE: The real estate will be conveyed by general warranty deed free and clear of liens subject, however, to any rights of way, easements and restrictions of record. The
    personal property will be conveyed free and clear of liens.
  9. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER, HUGHES MEMORIAL SCHOOL.
  10. BIDDER PACKETS: The Auction Company will have Preliminary Bidder Packets available at the previews of the property and upon request.
  11. INVENTORY OF PERSONAL PROPERTY: An inventory of personal property being sold will be available at the previews, at www.woltz.com or upon request to the Auction Company.
  12. REMOVAL OF PERSONAL PROPERTY: The personal property must be removed from the property on sale day or between 9:00 a.m. and 2:00 p.m. on Saturday, December 9, 2006, with the exception of items purchased by the purchaser of the building in which the items are located.
  13. BOUNDARY LINES: Boundaries shown on aerial photographs and topographical maps
    provided by the Auction Company as a courtesy to bidders, are approximate. Bidders should refer to the survey provided in the Bidder Packet for boundary locations.