The Leckner Chevrolet dealership property in Woodstock is up for auction during a trustee’s sale Thursday.
Robert Vaughn Jr., of the O’Connor & Vaughn law office in Reston, said Friday afternoon that the dealership’s real estate and any contents left behind at 21902 and 21972 Old Valley Pike are for sale.
Vaughn explained that the sale is to help pay a debt owed by Carl Leckner to both Grubbs Chevrolet Inc. and Valley Heritage Inc., a corporation in Woodstock of which Robert Grubbs III is listed as the agent, according to business filings registered with the Commonwealth of Virginia State Corporation Commission.
“What is more interesting then the foreclosure is the history behind it. It was Grubbs Chevrolet, a family business, that operated in excess of 50 years,” Vaughn said.
He said to now see Leckner go out of business and all the people involved lose their jobs is a tragedy for the employees and the town.
Vaughn explained Leckner and a group of investors in August 2017 acquired the Chevrolet dealership with part of the purchase price paid for in the form of notes secured by the property.
Vaughn said Leckner defaulted and the property, as of Friday, is being sold at an auction that will be held at 10:05 a.m. Thursday in front of the Shenandoah County Courthouse on Main Street. The terms of the sale: all cash.