Tomorrow is the auction day. It looks like this time it may not be cancelled. I'd be curious to hear if the auctions goes through and if there are any bidders.
198 Seat Restaurant
51 Mill Street
Lakes Region
Wolfeboro, New Hampshire
Wednesday, December 2nd at 11:00 a.m.
REAL ESTATE commercial condominium located at 51 Mill Street, #1 – A 5,114± sq.ft. restaurant on 1.03± acres of land with 144± feet of water frontage on Lake Winnipesaukee’s Back Bay. A full service, first floor restaurant with seating capacity of 198 indoor and 113 seasonal outdoor. Second floor has (2) offices, ¾ bathroom and meeting room. Some or all of the equipment, machinery, furniture and other personal property may be included in the sale. Any included personal property may be offered and sold with the premises as an entirety, in lots, by piece, or in some combination thereof, at the sole discretion of Mortgagee/Secured Party. Formerly known as 51 Mill Street Restaurant and Love’s Quay Restaurant. Zoning is Commercial District C-2, Zone A, Greater Downtown. Assessed Value: $830,800. Town Reference: Tax Map 217, Lot 23, Unit 1.
Inspection: One hour prior to auction, if permitted.
Terms: $25,000 Deposit in cash, certified check or bank check at time and place of sale. The successful bidder will be required to increase their deposit to a total of 10% of the purchase price within 5 days of sale. The balance of the purchase price will be due at closing within 45 days of the auction. Sale is a Foreclosure Auction per order of the Mortgagee and the Secured Party.
Directions: From the intersection of Routes 28 & 109 in Wolfeboro, follow Route 109 northwest approximately ½ mile then right onto Mill Street.
Ref. #9PM-57B
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