Real Estate with FFE, or Liquor License, or Combination
230 Sand Spring Road, Cresco, PA 18326
WEDNESDAY, SEPTEMBER 18
WEDNESDAY, SEPTEMBER 4
4 - 6 PM
OFFERED SEPARATELY AT $75,000 MINIMUM BID
THEN IN COMBINATION
The Former Velma's on Sand Spring Restaurant
- Turnkey restaurant and bar for sale: includes furniture, fixtures, and equipment
- 2100+ sq ft
- Open granite bar seats 16
- Seating for 70 in three dining rooms
- Recently updated kitchen at cost of $70,000
- Walk-in cooler
- Sushi bar
- 1100+ sq ft storage basement
- Concrete construction
- Standby commercial generator (propane hookup available)
- Land .23 acre with additional .86 of an acre across the street for parking
- Well and water system has current DEP approval
REAL ESTATE INCLUDING FFE > Offered individually with a minimum bid of $75,000: turnkey restaurant with FFE (Lot A)
LIQUOR LICENSE > Offered individually with a minimum bid of $75,000: Monroe County, PA Class R liquor license with Sunday Sales (Lot B)
COMBINATION > Offered in combination with a minimum bid equal to Lot A high bid + Lot B high bid + 5% Combination Premium (Lot C)
HIGHEST BIDDER(S) WILL BE AWARDED AS PURCHASER(S)
TERMS & CONDITIONS:
- Brief Terms: Closing within 35 days, or by/before October 23, 2019.
Interested bidders must present photo identification and bank cashier's check(s). Ten percent (10%) Buyer's Premium is added to all purchases awarded in part or in whole.
- We strongly encourage bidders to arrange necessary financing ahead of auction day. Knowing the amount of a mortgage you are approved for determines how much you can pay for any property, no matter how you buy it.
- Closing within 35 days, or by/before October 23, 2019.
- For bidder FAQs, please see our web page Real Estate > For Buyers
- Seller guarantees clear title on real estate and transferrable PA liquor license.
- This is not a foreclosure.
- All announcements made day of sale take precedence over any previously stated or printed material or information.
SEEK. WIN. CHERISH.
Legacy Auction & Realty AY002051
Rich Coccodrilli, Jr., Licensed PA Auctioneer show contact info
do NOT contact me with unsolicited services or offers