MORTGAGEE'S SALE AT PUBLIC AUCTION
1680-1690 ACUSHNET AVENUE, NEW BEDFORD, MASS.
THE FORMER RESTAURANTE AVENIDA WITH LIQUOR LICENSE.


THURSDAY, AUGUST 5, 2010 AT 1:00 P.M.

THIS COMMERCIALBUILDING IS THE FORMER RESTAURANTE AVENIDA a/k/a "ON THE ROCKS", WHICH HAS A FRONT AREA WITH A BAR AND RESTAURANT WHICH CAN SEAT APPROX. 100 PEOPLE. THE RESTAURANT HAS A FULL KITCHEN AND TWO RESTROOMS. THERE IS APPROX. 3,000 SQ. FT. OF SPACE IN THE RESTAURANT AND BAR AREA. THERE IS ALSO IN THE REAR A FUNCTION WHICH HAS IT'S OWN FULL KITCHEN AND ACCOMDATE APPROX. 200 PEOPLE. THERE ARE TWO RESTROOMS AND AIR CONDITIONING IN THE FUNCTION HALL WHICH HAS IT'S OWN ENTRANCE. THE FUNCTION ROOM IS APPROX. 4,400 SQ. FT. OF SPACE. THE ENTIRE BUILDING HAS OIL HAT. THERE IS A PARKING AREA ON THE SIDE OF THE BUILDING WHICH CAN BE ENTER FROM EITHER TINKHAM OR ACUSHNET AVENUE. THE LIQUOR LICENSE WILL TRANSFER WITH THE PROPERTY UPON THE APPROVAL OF THE CITY OF NEW BEDFORD LIQUOR LICENSING BOARD, THE BUILDING ALSO HAS TWO ADDITIONAL STOREFRONTS EACH WITAH A RESTROOM AND APPROX. 1,000 SQ. FT. OF SPACE.

TERMS:Ten Thousand ($10,000) Dollars in cash, certified or bank check at the time of sale. Balance to be paid in like form within thirty (30) days of the sale. Subject to unpaid taxes and other assessments. Other terms announced at the sale, if any.

Note: Neither the Auctioneer or the Attorney makes any representations as to the accuracy of the information contained herein.

MASS LIC. #1344    RI. LIC. #3293
FLA. LIC.#AU-2341
P.O. BOX 41269 NEW BEDFORD, MA.
508-997-0768