Dissolution Sale

Bar with 7 Day Liquor License

Click For License Info

Frankford

Great Opportunity to Purchase this Commercial Property

Zoned B-3-1

Property Also Contains Apartments, Offices, & Commercial Space

Onsite Parking

·  Deposit: $10,000 deposit, date of sale. All Deposits must be cash or cashier’s check. An additional $10,000 shall be paid within 3 days of auction sale date.
·  10% Buyer's Premium will be added to the high bid.
·  2.5% Broker Co-Op. Agents or Brokers please call 410-488-3124 to
register your client.
·  Sale to be held on the Premise.
·  Settlement 30 days from Auction Sale Date 
·  Pre-Bid Offers Accepted via Phone (410-488-3124), Fax (410-488-3125) or Email (Adam@AshlandAuction.com)

The property will be sold in "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein;  and subject to easements, agreements, restrictions or covenants of record affecting same Baltimore City Housing Code Violation Notices, if any.  The purchaser waives and releases the Trustee, the Auctioneers, and their respective agents, successors and assigns from any and all claims the purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. If the Trustee/ Seller is unable to convey good and marketable title, the purchaser's sole remedy in law or equity shall be limited to the refund of the deposit.  Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Trustee/ Seller  or Auctioneers.  Recordation costs, transfer taxes and all other costs incident to settlement, to be paid by the purchaser.  Time shall be of the essence.

Included within the sale of the said property are the following:

Baltimore City Liquor License – LB196. A copy of the licensee has been incorporated into this contract.

The sale of the said property is NOT contingent on the transfer of the Liquor License from Baltimore City Government. It is the full responsibility of the purchaser to apply for the licensee transfer with Baltimore County Government. The seller of the Liquor License Elizer Neger, 4919 Blair, INC., Good Fellas Lounge will cooperate with the purchaser and sign the required transfer documents from Baltimore City Government.

All cost involved in the transfer of any licensee shall be paid for by the buyer.

In the event that there are any Bulk Transfer Taxes or Sales Tax on any items in the property, the buyer shall pay the required Tax.

Any Liquor or Alcohol remaining in the property DOES NOT convey with the sale. 

The name (4919 Blair, INC., Good Fellas Lounge) DOES NOT convey with the sale.