The trustee appointed to lead the bankruptcy liquidation of assets held by the owners of the defunct Washington Redskins-themed Hail & Hog restaurant in One Loudoun has set a Sept. 20 deadline for the first round of bids on the building.
The venture closed Aug. 9, only 14 months after opening. The owners initially sought Chapter 11 bankruptcy protection, but the case was converted to a liquidation earlier this month.
On the auction block is a “like-new” 12,000-square-foot restaurant located on a prominent corner of the popular Loudoun County town center development. The lease has more than 17 years remaining.
The sale includes the assumption and assignment of the lease and all remaining personal property assets, intangible property assets and all leasehold improvements made at the site.
Following the Sept. 20 deadline, initial bids will be reviewed, qualified and approved bidders will be invited to participate in the final auction Oct. 17.
For more details and contact information, go to realtymarkets.com/listings/auction.