THE DOCKSIDE 
Alton Bay Real Estate Auction
Fri Aug 23 – 12:00PM – Alton Bay, NH
DOCKSIDE Restaurant & Pub, Alton Bay. Mortgagee’s Sale of Real Estate at Public Auction. Ongoing 80-seat year-round establishment with additional outdoor patio seating. Live music. Located in historic Alton Bay. Sale includes the real estate & the restaurant / bar equipment. Situated on a .94-acre lot. 170-feet of road frontage on East Side Drive (at the intersection of US Route-11). Auction held live on-site at 6 East Side Drive, Alton Bay, NH on Friday August 23rd beginning at NOON sharp. Please view & download the comprehensive Bidder’s Information Package at Bennettandmooreauctioneers.com. Bennett & Moore Auctioneers at 603-502-7457.
BENNETT & MOORE AUCTIONEERS
PO Box 4010 , Portsmouth, NH 03802
Stephen Bennett #2423 sbennett999@gmail.com
Joseph Moore #3072 jrmauctioneer@gmail.com
www.bennettandmooreauctioneers.com
603-502-7457
______________________________________________________
MORTGAGEE’S SALE OF REAL ESTATE at AUCTION
6 East Side Drive – Alton Bay, NH
The DOCKSIDE Restaurant & Pub
Friday August 23rd at NOON
INTRODUCTION
Dear Prospective Bidder – Bennett & Moore Auctioneers have been retained by the Mortgagee to sell at Public Auction this Prime Commercial Property in Alton Bay, NH.
The auction is conducted under the statutory terms & conditions afforded to both the Mortgagee & Mortgagor in the State of NH.
THE DOCKSIDE RESTAURANT, located at the intersection of Route-11 & East Side Drive in scenic & historic Alton Bay.
Please join us at the pre-auction OPEN HOUSE / Inspection on Weds. Aug. 21st from 4-6PM.
The real estate will be sold along with all the personal property necessary to run the 80-seat restaurant & bar.
The property is in a high traffic area, centrally located in a busy retail & tourist area.
All interested parties are encouraged to do as much independent research as is necessary to make an educated decision to bid.
Good luck and thank you for your interest.
Our staff is available to assist you.
Stephen P. Bennett NH Lic. #2423
Joseph R. Moore NH Lic. #3072
____________________________________________________________________________________
ATTENDING THE AUCTION
– You will acknowledge that you are entering a potentially dangerous site.
– It is the Buyers responsibility to watch for holes, protrusions, loose carpeting, wires, wet spots, etc.
– You agree to hold-harmless the Auctioneer, the Mortgagee & their Attorney’s and all other employees, contractors or representatives in the event of an accident.
____________________________________________________________________________________
AUCTION INFORMATION
Subject Mortgage : Belknap County Registry of Deeds Book 3553, Page 0115.
Subject Property : DOCKSIDE RESTAURANT, 6 East Side Drive, Alton Bay, NH.
Auction includes REAL ESTATE & PERSONAL PROPERTY (restaurant & bar equipment, seating, etc.)
Auction Location : To be held On-site at the property, at 6 East Side Drive, Alton Bay, NH.
Date of the Auction : Friday August 23rd, 2024.
Auction Time : The bidding / auction will begin promptly at NOON.
Registration Time : Starting 1-hour prior to the auction (if permitted).
OPEN HOUSE : The Mortgagor has agreed to allow us to hold an open house for potential buyers.
The date of the Open House is Wed. August 21st from 4PM to 6PM. Or 1-hour prior to the auction.
Deposit : In order to qualify to bid and to obtain a Bidder Number for this auction, a deposit of $20,000 is required to be presented to & held by the Auctioneer at the time of registration. Deposits should be in the form Certified Check, cashier’s check, treasure’s check, or any other form of payment acceptable to the Mortgagee or their representatives. The entire deposit will be credited towards the final purchase price. Deposits of the non-successful bidders will be returned immediately following the auction.
Qualifications of Bidder : The only qualification necessary to bid at this auction is the presentation of the required aforementioned Deposit.
Purchase & Sales Agreement : Immediately upon conclusion of the bidding the successful high bidder will be required to sign the Purchase & Sales Agreement / Memorandum of Sale, as well as any other documents deemed pertinent. A copy of the Memorandum of Sale will be available for review prior to the auction.
Closing : The closing must take place on or before forty (40) days after the conclusion of the auction.
Deed : Foreclosure Deed
____________________________________________________________________________________
DISCLAIMER – This property, both real & personal, is being sold “as is”. Information contained herein was obtained from sources believed to be reliable. However, this material is subject to errors and omissions and is not guaranteed. No warranty is made as to the accuracy or completeness of this information. No reliance should be placed upon this information. The Auctioneer, the Mortgagee & their Attorney’s shall have no liability for any damage arising from such reliance, and the Buyer agrees to Hold Harmless said parties.
REAL ESTATE INFORMATION
Address : Subject Property : DOCKSIDE RESTAURANT, 6 East Side Drive, Alton Bay, NH.
Tax Map: Alton town reference : Map 033 / Lot 080.
Lot : approx. 0.94 acres.
Road Frontage: approx. 170-feet direct road frontage on East Side Drive, at the intersection of U.S. Route-11.
Town Assessment (for tax purposes) : $420,000 land & buildings.
Taxes : approx. $5,500 per year (2024).
Property Taxes : The property taxes are paid through June 30th, 2024.
Sewer : Private – Water : City water
Propane Gas – Heat & A/C : (3) Ductless mini-splits
Improvements : Building : A 1-story wood-frame building of approx. 3,060-square-foot, configured as an 80-seat restaurant & bar.
Current Configuration: configured & permitted as a Year-round 80-seat restaurant & bar.
PERSONAL PROPERTY INFORMATION
The high bid for the real estate will also include the restaurant & bar equipment as shown. Permitted 80-seat Year-round restaurant. A very partial equipment list includes …
Interior seating for (80) : (8) Bars seats, (8) round high-top tables for 4, (3) round high-top tables for 4, (3) 4-seat booths, assorted single-pedestal 4-tops & 2-tops.
Plus exterior seating for (30) : single pedestal tables & chairs
Restaurant & bar equipment : Manitowoc ice maker, Turbo-Air 3-glass door undercounter cooler, (2) s.s. 3-door under-counter coolers, s.s. 2-door under-counter cooler, s.s. single-door under-counter cooler, (3) Pitco Frialators, Jackson Dish Star under-counter dishwasher, 2-door under-bar tap cooler, sandwich prep unit, Beverage Air 2-door upright cooler, 3-bay pot sink w/ dish board-ends & T&S, 3-bay bar sink, s.s. bar sinks with speed rails, 8-burner gas range & oven, 48-inch griddle, Radiance grille, double-stack Blodgett oven, Accutemp steamer, deli slicer, Robot Coupe, s.s. prep tables, built-in walk-in cooler, etc., etc., etc.
All equipment is sold in “as is” condition.
