Wendy’s‏

Northside Rental Properties, LLC

J. Steven Ferguson, CPA

Managing Member

800 North Side Drive, Suite 27

Summersville, WV 26651

(304) 872-4841 ext. 106

jsfcpa@frontier.com

Wendy’s – Northside Development

811 North Side Drive

Summersville, WV  26651

The subject property is a .95 acre portion of the North Side Land Corporation tract that was transferred to North Side Construction Company on September 11, 1992.  The deed is recorded in the Nicholas County Clerk’s Office in Deed Book 347 at Page 97.  Under reorganization, the property was transferred to North Side Rental Properties, LLC on September 13, 2004.  The transfer is recorded in Deed Book 422 at Page 475.  The subject property is assessed in the name of North Side Rental Properties, LLC and is identified in the Summersville Corp. Tax District on Tax Map 32 as Parcel 1.9.  The property is located ABOVE the 100 year flood elevation as shown on Federal Emergency Management Agency Flood Insurance Rate Map for Nicholas County, Community Panel 54067C0250C dated July 4, 2011.  The property is within the City of Summersville corporate limits and is zoned C-3 which allows commercial use of the property.

The subject property is a Wendy’s Restaurant which has generally standardized their designs.  The building was constructed in 1992 and contains 2,906 square feet.  The following is a description of the building and site:

EXTERIOR:

                Structure:            Frame

                Walls:                    Brick

                Roof:                     Flat

INTERIOR:

                Floors:                  Ceramic tile and carpet

                Walls:                    Vinyl wall covering, paneling and wainscoting

                Ceiling:                 Suspended tile

                Lighting:               Recessed fluorescent

                Windows:            Storefront glass windows

HVAC:  

Central heating and air conditioning system

PARKING:    

Asphalt parking lot

UTILITY/SERVICES:

                Water/Sewage – City of Summersville

                Natural Gas – Dominion Gas

                Electricity – First Energy

                Telephone – Frontier Communications