Real Estate and Liquor License Under Contract.
Watch this site for Auction of Inventory at a later date.
All personal property to be sold later.
Local Bank Financial Workout
Bryn Mawr Beef and Ale
formerly Tip O'Leary's Pub
Buy as a 5000 SF+ Commercial Building or Buy and Operate as a Pub Restaurant
610-612 Lancaster Avenue, Bryn Mawr, PA
To Be Offered In the Entirety and Also as 4 Separate Lots
Second Floor (2) 2 bedroom apartments-each with separate sidewalk entrance.
Each apartment needs kitchen and bath appliances and other work needed.
610-612 Lancaster Ave. consist of 2 buildings joined together
and opened to serve as a pub with dining.
Real Estate Broker’s Registration Form - refer to column on right
| METHOD OF OFFERING AND DEPOSIT REQUIREMENTS
Financial requirements for the high bidder for the first offering (#1), at the time of the auction is to deposit $50,000 Bank Cashier’s Check or cash plus the balance of the total 15% deposit by personal check.
Offering (#2) Building with remaining personal property.
Financial requirements for the high bidder for the building is to deposit $50,000 Bank Cashier’s Check or cash and the balance of the total 15% deposit by personal check at the time of the auction. Balance at settlement.
The personal property that is included with Offering (#2) includes items located in the bar room area, equipment under the bar, and everything in the dining room.
The Liquor License and the kitchen equipment are not included.
The photos are all on one page and when you scroll down you will see that they are listed as Interior Photos- Hanging Decorative Lights - Bar Equipment.
Offering (#3) Liquor License: Amusement Type & Sunday Sales
Financial requirements for the high bidder of the liquor licenseat the time of the auction is to deposit $25,000 Bank Cashier’s Check or cash and the balance of the high bid in cash or personal check. No business check for the balance.
Offering (#4) Kitchen Equipment:
Financial requirements at the time of the auction is for the high bidder of the kitchen equipment to deposit $7,500 bank Cashier’s Check or cash and the balance of the high by bid by cash or personal check. (No business checks.)
At the conclusion of each round of bidding a 6% Buyer’s Premium will be added to the high bid.
All final high bids are subject to acceptance or rejection.
Tax Parcel: 22-05-00466-00 and 22-05-00467-00
Public Water and Sewer
Due Diligence Links
*You will need to have Adobe Reader installed to view these PDF documents. Download Adobe Reader
Real Estate Agreement of Sale for the Entirety – which includes Real Estate, Equipment and liquor License, Agreement to be posted
Zoned: C-4 Highway Commercial
Permitted uses: http://ecode360.com/12187267#12187370
Delaware County: http://www.co.delaware.pa.us/
Haverford Township: http://www.haverfordtownship.org/
School District of Haverford Township: http://www.haverford.k12.pa.us/
Auction Held Rain or Shine.
Auction held rain or shine. In the event of severe storms the auction may be postponed and will be rescheduled. An alternate date will be posted on the Traiman website.
Check back to this location often for updates, revisions, or changes.
- Watch for changes the week of Sept 17th
- In Offering #4) Kitchen Equipment - clause # 7 in the Purchase Agreement has been changed.