Elkton's Pub - Fully Equipped Restaurant

Hartland Machinery Auctioneers

 

Date(s) 9/8/2024 - 9/9/2024

Live and online at 6 pm Eastern

Shipping Not Available
Bidding Notice:

Please note online bids will be placed against a live audience

Auction Information
Name Elkton's Pub - Fully Equipped Restaurant
Auctioneer
Type Live Webcast Auction
Date(s) 9/8/2024 - 9/9/2024
Auction Date/Time Info
Live and online at 6 pm Eastern
Preview Date/Time 4 pm to 6 pm
Checkout Date/Time Not applicable
Location
Buyer Premium 15% BP for all lots
Description
10,192 SF+/- in two stories Seating: Upper floor 72. Lower level 188. Outside 56, with bandshell for entertainment Approx 2.329 acres RE Taxes Year 2023: $3,845.86 Parcel ID#12-01625.000 Invoices for updated draft system, kitchen cleaning, new lift system available upon request Updated beer draft system runs to both bars on each floor with a total of 18 taps All new kitchen equipment replaced last year New lift station plumbed to public sewer Toast POS system including handhelds for servers. watch pager system from the kitchen and bar Water treatment system of high standard for well. Liquor License - transfers with business, purchaser responsible for all transfer fees Many other modern features, list available upon request
5% Buyer’s Premium will be added to determine final contract price of the Real Estate TERMS OF SALE OF REAL ESTATE: $10,000.00 (Non Refundable Deposit) of purchase price to be paid when property is knocked down to successful bidder. Balance due on or before 45 days upon delivery of Clear & Marketable Title. Owner reserves right to accept or reject any or all bids on real estate. SOLD AS IS. WHERE IS. NO FINANCING CONTINGENCIES
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 15% BP for all lots
Payment Terms
$10,000 non-refundable deposit due at invoicing. Balance due on or before closing, within 45 days. No financing contingencies
not applicable