MORTGAGEE’S SALE OF REAL ESTATE & SECURED PARTY SALE OF PERSONAL PROPERTY BY
A
P  U  B  L  I  C
U  C  T  I  O
N
 
• REAL ESTATE •
• COMMERCIAL BUILDING • LAND •
 
• ±300 SEAT RESTAURANT & BAR •
• RESTAURANT, KITCHEN & BAR EQUIPMENT •
• ALL ALCOHOLIC BEVERAGE LICENSE •


1506 RIVERDALE STREET (ROUTE 5)
WEST SPRINGFIELD, MASSACHUSETTS


TO BE SOLD ON THE PREMISES
                                                                                   
TUESDAY, MAY 12TH   AT  11:00 AM



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INFORMATIONAL PACKAGE


SALE PER ORDER OF MORTGAGEE & SECURED PARTY
STEVEN WEISS, ESQ.
OF THE FIRM OF SHATZ, SCHWARTZ AND FENTIN, PC
1441 MAIN STREET, SPRINGFIELD, MA
ATTORNEY FOR MORTGAGEE & SECURED PARTY


ORDER & TERMS OF SALE:
REAL ESTATE: $25,000.00 INITIAL DEPOSIT BANK, CASHIER’S OR CERTIFIED CHECK
5% BUYERS PREMIUM APPLIES
DEPOSIT TO BE INCREASED TO 10% OF PURCHASE PRICE WITHIN 5 BUSINESS DAYS.
ALL ALCOHOLIC BEVERAGE LICENSE: $10,000.00 DEPOSIT CASH OR CERTIFIED CHECK
10% BUYERS PREMIUM APPLIES.
PERSONAL PROPERTY: 25% DEPOSIT CASH OR CERTIFIED CHECK
10% BUYERS PREMIUM APPLIES.
OTHER TERMS TO BE ANNOUNCED AT TIME OF SALE


INSPECTIONS:
SATURDAY, MAY 2ND - 10:00 A.M. TO 2:00 P.M.,
                       MONDAY, MAY 11TH - 10:00 A.M. TO 4:00 P.M.
                         & MORNING OF SALE - 8:30 A.M. TO 11:00 A.M.

MORTGAGEE'S SALE OF REAL ESTATE
REAL ESTATE
COMMERCIAL BUILDING LAND


 
1506 RIVERDALE STREET (US ROUTE 5)
WEST SPRINGFIELD, MASSACHUSETTS
TO BE SOLD ON THE PREMISES
TUESDAY, MAY 12TH   AT  11:00 AM

LAND:
• ±1 1/3 Acres • ±383 Ft. Frontage Along Riverdale Street (Route 5) •
• Paved Parking for ±60 Vehicles • Handicap Accessible • Zoned: Business (BA) •
• Legal Description: Book 19940, Page 156 • Assessor’s Map 40, Block 2, Lot 7 •

IMPROVEMENTS:
• Single Story Restaurant Commercial Building • ±10,092 S/F of Building Area •
• Wood Construction • Gas Fired Forced Hot Air • Central Air Conditioning •
• 100% Sprinklered • Wood Tile & Carpeted Floors • Vinyl & Brick Exterior •
• Full Foundation • Bar Area • (4) Dining rooms • Full Commercial Kitchen •
• Restrooms • Outside Dining Deck • Public Water & Sewer •
1% BROKER INCENTIVE OFFERED!!!
Click here for Details

SALE PER ORDER OF MORTGAGEE
STEVEN WEISS, ESQ.
OF THE FIRM OF SHATZ, SCHWARTZ AND FENTIN, PC
1441 MAIN STREET, SPRINGFIELD, MA
ATTORNEY FOR MORTGAGEE & SECURED PARTY


TERMS OF SALE:
REAL ESTATE: $25,000.00 INITIAL DEPOSIT BANK, CASHIER'S OR CERTIFIED CHECK
5% BUYERS PREMIUM APPLIES
DEPOSIT TO BE INCREASED TO 10% OF PURCHASE PRICE WITHIN 5 BUSINESS DAYS.
OTHER TERMS TO BE ANNOUNCED AT TIME OF SALE

INSPECTIONS: SATURDAY, MAY 2ND - 10:00 A.M. TO 2:00 P.M.,
                       MONDAY, MAY 11TH - 10:00 A.M. TO 4:00 P.M.
                         & MORNING OF SALE - 8:30 A.M. TO 11:00 A.M.


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SECURED PARTY SALE OF PERSONAL PROPERTY
• RESTAURANT, KITCHEN & BAR EQUIPMENT •
• FURNISHINGS • MISCELLANEOUS EQUIPMENT •
• ALL ALCOHOLIC BEVERAGE LICENSE •
  
1506 RIVERDALE STREET (US ROUTE 5)
WEST SPRINGFIELD, MASSACHUSETTS

TO BE SOLD ON THE PREMISES
TUESDAY, MAY 12TH   AT  11:00 AM




  
 
  S.S. KITCHEN EQUIPMENT  
 
 
  

(3) True & Beverage Air Sandwich Prep Units •
(2) Turbo Air Sandwich Prep Units • Everett Port. Freezer, #ESF1 •
(4) Delfield & Magic Chef Undercounter Refrigerators •
Blodgett 2D Convection Oven, Gas • Star 36” Gas Charcoal Grill •
(3) Vulcan & Sierra 4B & 6B Gas Stoves w/ Ovens •
Toastmaster Griddle, Gas • Sierra 36” Salamander, Gas •
(3) Pitco Friolators, Gas • Alto Shaam 1D Port. Heated Holding Cabinet •
Hoshizaki Ice Machine •
                              Ecolab Flow-thru Dishwasher, Mod. WH-44
                          18’x4’ S.S. Exhaust Hood w/ Fire Safety System
• Adcraft 1D Port. Heated Proof Box • 4’ S.S. Exhaust Hood • S.S. Sinks •
• (10) S.S. Prep Tables • Hobart 20 Qt. Dough Mixer • S.S. Food Warmers •
• Ass’t Dishware, Glassware, Pots, Pans, Utensils •
• Bus Carts • (17) Sections Metro Shelving • Etc. • Etc. •

  
 
  BAR EQUIPMENT  
 
 
  

(2) Beverage Air Beverage Coolers, Mod. BB78R •
(2) True Glass Chillers, Mod. T-24 •
Ecolab Glass Washer • 5’ S.S. 20-Spigot Beer Tap •
• 3-Comp. S.S. Sinks • S.S. Ice Bins • Etc. •
                           34’x10’ Wood Bar

  
 
  FURNISHINGS  
 
 
  

• (5) 6-Seater Uph. Booths w/ Tables • (12) 4-Seater Uph. Booths w/ Tables •
• 24’x8’x4’ U-Shaped Uph. Booth w/ Table • 8’x5’ & 12’x5’ Uph. Booths •
• (50) Ass’t Formica Top Tables • (10) Uph. & Wood Benches •
• 12’x3’ Formica Top Table w/ S.S. Twin Spigot Beer Tap •
• 5’x5’ Formica Top Table w/ S.S. Twin Spigot Beer Tap • (150) Ass’t Pull-Up Chairs •
                       (22) Sony, Samsung, Colby & Vizio HD TV’s, 37” - 65”
PAR P.O.S. System w/ (6) Touch Screen Monitors,
                                                      (6) Micro Receipt Printers & Cash Drawers • Etc. •


ALL ALCOHOLIC BEVERAGE LICENSE TOGETHER WITH THE GOODWILL ATTRIBUTABLE THERETO - SOLD SUBJECT TO TRANSFER AND APPROVAL BY THE CITY OF WEST SPRINGFIELD LICENSING BOARD AND THE MASSACHUSETTS ALCOHOLIC BEVERAGE CONTROL COMMISSION.


SALE PER ORDER OF SECURED PARTY
STEVEN WEISS, ESQ.
OF THE FIRM OF SHATZ, SCHWARTZ AND FENTIN, PC
1441 MAIN STREET, SPRINGFIELD, MA
ATTORNEY FOR MORTGAGEE & SECURED PARTY


TERMS OF SALE:
ALL ALCOHOLIC BEVERAGE LICENSE: $10,000.00 DEPOSIT CASH OR CERTIFIED CHECK
10% BUYERS PREMIUM APPLIES.

PERSONAL PROPERTY: 25% DEPOSIT CASH OR CERTIFIED CHECK
10% BUYERS PREMIUM APPLIES.
OTHER TERMS TO BE ANNOUNCED AT TIME OF SALE

INSPECTIONS: SATURDAY, MAY 2ND - 10:00 A.M. TO 2:00 P.M.,
                       MONDAY, MAY 11TH - 10:00 A.M. TO 4:00 P.M.
                         & MORNING OF SALE - 8:30 A.M. TO 11:00 A.M.


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INSPECTIONS: SATURDAY, MAY 2ND - 10:00 A.M. TO 2:00 P.M.,
                          MONDAY, MAY 11TH - 10:00 A.M. TO 4:00 P.M.
                          & MORNING OF SALE - 8:30 A.M. TO 11:00 A.M.

TERMS & CONDITIONS:
EVERYTHING SOLD “AS IS/WHERE IS”


TERMS OF SALE:

REAL ESTATE: $25,000.00 INITIAL DEPOSIT BANK, CASHIER'S OR CERTIFIED CHECK. 5% BUYERS PREMIUM APPLIES. DEPOSIT TO BE INCREASED TO 10% OF PURCHASE PRICE WITHIN 5 BUSINESS DAYS. OTHER TERMS TO BE ANNOUNCED AT TIME OF SALE.
ALL ALCOHOLIC BEVERAGE LICENSE: $10,000.00 DEPOSIT AT TIME OF SALE BY CASH, CERTIFIED OR BANK CHECK. 10% BUYERS PREMIUM APPLIES. OTHER TERMS TO BE ANNOUNCED AT TIME OF SALE
PERSONAL PROPERTY: 25% DEPOSIT AT TIME OF SALE BY CASH, CERTIFIED OR BANK CHECK, OR BANK WIRE TRANSFER. 10% BUYERS PREMIUM APPLIES. PERSONAL OR COMPANY CHECK ACCEPTED ONLY IF ACCOMPANIED WITH A BANK LETTER GUARANTEEING PAYMENT. EXAMPLE OF BANK LETTER OF GUARANTEE: THIS BANK GUARANTEES PAYMENT TO AARON POSNIK & CO., INC. ON ACCOUNT # _____UP TO THE AMOUNT OF $ _____ FOR PURCHASES MADE AT THE TAPHOUSE GRILLE AUCTION TO BE HELD ON TUESDAY, MAY 12TH. NO PURCHASE REMOVED UNTIL COMPLETE SETTLEMENT IS MADE. OTHER TERMS TO BE ANNOUNCED AT TIME OF SALE.

SALES TAX:

MASSACHUSETTS SALES TAX LAWS APPLY. DEALERS BRING COPY OF EXEMPT CERTIFICATE.


BID LIVE BY PHONE:

CALL US BY FRIDAY MAY 8TH TO SET UP THE DETAILS.

BID BY MAIL:

IF YOU CANNOT ATTEND THIS AUCTION IN PERSON WE WILL BE HAPPY TO RECEIVE YOUR BID ON THE ITEMS THAT YOU DESIGNATE (IF YOUR BID IS SENT BY MAIL OR FAX AND RECEIVED BY OUR OFFICE AT LEAST 24 HOURS PRIOR TO THE COMMENCEMENT OF THE SALE). IF YOU WISH TO BID BY MAIL, KINDLY PROVIDE A COMPLETE LIST OF THE ITEMS DESIRED AND ENCLOSE A 25% DEPOSIT BY CERTIFIED CHECK. YOU WILL BE RESPONSIBLE FOR PURCHASES IF YOU ARE THE HIGH BIDDER, UNDER THE TERMS AND CONDITIONS TO BE ANNOUNCED AT TIME OF SALE. IF YOU ARE THE SUCCESSFUL BIDDER, WE WILL NOTIFY YOU WITHIN 24 HOURS OF THE SALE AND YOU MUST MAKE PAYMENT OF THE BALANCE DUE BY WIRE TRANSFER TO OUR BANK WITHIN 24 HOURS OF NOTIFICATION. IF YOU ARE UNSUCCESSFUL IN YOUR BID, YOUR DEPOSIT WILL BE RETURNED TO YOU WITHIN 72 HOURS OF THE SALE.

IMPORTANT NOTICE:

THE INFORMATION DESCRIBED IN THIS BROCHURE IS CORRECT TO THE BEST OF OUR KNOWLEDGE BUT WE CANNOT GUARANTEE SAME. IT IS FOR THIS REASON THAT BUYERS SHOULD AVAIL THEMSELVES OF THE OPPORTUNITY FOR INSPECTION PRIOR TO THE SALE.


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Corporate Office
31 Capital Drive
West Springfield, MA
01089

1-413-733-5238 Fax:1- 413-731-5946

Aaron Posnik & Co., Inc.
Established 1932
TOLL FREE 1-877-POSNIK-1 (767-6451)

Philadelphia Office
PO BOX 247
Malvern, PA
19355

1-610-853-6655 Fax: 1-610-853-6633
MA Auc. Lic. #161• www.posnik.com • E-mail: info@posnik.com • PA Auc. Lic. # AY000241L