NEW BRUNSWICK LIQUOR LICENSE AT AUCTION

PLENARY RETAIL CONSUMPTION LICENSE (FORMERLY V-LOUNGE)


SOLD FOR $110,000

LIQUOR LICENSE TO BE SOLD AT PUBLIC AUCTION!

LICENSE #1214-33-077-014

CITY OF NEW BRUNSWICK

MIDDLESEX COUNTY

STATE OF NEW JERSEY!

MAY 9, 2019 AT 12PM

$75,000 – OPENING BID

LIVE ON-SITE AUCTION
Began: 05/09/19 at 12:00 PM EDT
Location: 2 Albany Street, New Brunswick, NJ 08902
INSPECTION
Began: 05/09/19 at 11:00 AM EDT
Ended: 05/09/19 at 12:00 PM EDT
Location: 2 Albany Street, New Brunswick, NJ 08901


PUBLIC AUCTION

 

PLENARY RETAIL CONSUMPTION

LIQUOR LICENSE – FORMERLY V-LOUNGE

NEW BRUNSWICK, NJ

 

 $75,000  – NOMINAL OPENING BID

 

AUCTION DATE:

THURSDAY MAY 9, 2019 @ 12:00 PM

 

AUCTION HELD FOR CONVENIENCE:

HYATT REGENCY NEW BRUNSWICK

CONFERENCE ROOM

2 ALBANY STREET

NEW BRUNSWICK, NJ 08901

 

LIQUOR LICENSE: 1214-33-077-014 STATE OF NEW JERSEY, CITY OF NEW BRUNSWICK, MIDDLESEX COUNTY.  A PLENARY CONSUMPTION LICENSE.  LICENSE HAS BEEN RENEWED, EXPIRES ON JUNE 30, 2019.  LICENSE ISSUED TO C&T 1, LLC.  COPY OF THE LICENSE CAN BE VIEWED UNDER THE “DOCUMENTS” TAB.

 

REGISTRATION & DOCUMENT INSPECTION: 11:00 AM, MORNING OF SALE.

 

TERMS & CONDITIONS:  EACH BIDDER MUST BE REGISTERED AND ISSUED A NUMBER TO BID.  A 10% DEPOSIT & SIGNED PURCHASE AGRREEMENT ARE REQUIRED AT THE CONCLUSION OF BIDDING.   THE FIRST $10,000.00 OF THE REQUIRED DEPOSIT MUST BE IN CASH, CERTIFIED, OR BANK CHECK AND THE BALANCE OF THE 10% DEPOSIT MAY BE A PERSONAL OR BUSINESS CHECK.  THE FINAL BID PRICE IS SUBJECT TO THE ACCEPTANCE AND APPROVAL OF THE SELLER IN ACCORDANCE WITH THE PRINTED TERMS & CONDITIONS OF SALE.  BIDDERS MUST SHOW PROOF OF THE REQUIRED DEPOSIT AT REGISTRATION. SALE IS SUBJECT TO A 10% BUYER’S PREMIUM.

 

COMPLETE TERMS & CONDITIONS ARE LISTED UNDER THE “DOCUMENTS” TAB

 

THE AUCTIONEERS GROUP

A.P. NATOLI / PETER COSTANZO

(609) 693-6899   (732) 776-7222

www.theauctioneersgroup.com

Please see detailed Terms & Conditions under “Documents”.

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