511 Paul's Monterey Inn Liquidation AuctionDate: Wednesday, November 11, 2015 at 9:30 AM MST

Auction Location: 4900 Pan American Freeway NE, Albuquerque, NM 87109

Assets Located: 1000 Juan Tabo Blvd NE, Albuquerque, NM 87112

Sale Type: Live Public Auction – Theater Style – Live Internet Bidding (Simulcast) with Internet Absentee Pre-Bidding

Number Of Sale Rings & Types Of Bidding:

  • Ring # 1 (Online Absentee, Onsite Bidding) – Lots 1 – xxx – Restaurant Equipment, Coca-Cola Signs, Advertising Signs, Decorations, Prep Tables,

3 Bidding Options:

  1. Attend Auction
  2. Online Absentee Bidding (absentee bids are downloaded and brought to Live Auction, ALL absentee bids MUST be submitted by Tuesday, 10:00 PM)

Note: Prior to Online Absentee Bidding (Bentley’s Website) OR Live Internet Bidding (Live Auction World), each bidder will be required to submit a complete Credit Card Authorization Form for each auction.

Description: Paul’s Monterey Inn, which opened it’s doors in 1971, has closed its doors for good after operating for more than four decades. This auction will also include the assets of the former Garduno’s located at Academy Parkway & San Mateo. The items from Garduno’s have been moved to our location where the auction will be conducted.

Featuring:

Auction Notes: This is a great one-day surplus auction. There will be xxx lots.

Notice to Purchasers:

Inspection:

  • Tuesday, November 10, 2015 8:30 AM – 5:00 PM MST

Registration / Disposal Fee: No Registration Fee

Buyer’s Premium: 15% ~ 5% Cash Discount ~ 2% Discount for PayPal

Tax: Albuquerque, New Mexico Bernalillo County ~ 7.1875%

Payment Type: Cash, Cashier’s Check, Check w/ Bank Letter of Guarantee, Wire Transfer – $ 25.00 Fee, Credit Cards (American Express, Discover, MasterCard, Visa), PayPal

Payment Date: Close of Business November 12, 2015 (If Bentley’s has NOT received payment for the winning bids within 24 hours of the FINAL payment date, the bidder authorizes Bentley’s to charge liquidated damages to the credit card left on file during the registration process.)

Removal:

  • Thursday, November 12, 2015 8:30 AM – 5:00 PM MST

Storage Fees: All Absentee / Internet Bidders will have until the following Friday after the auction to have their items picked or shipped, otherwise $ 2.00 per square foot per day storage fees will apply.

Pulling Fees: Any Absentee / Internet Bidder who submits bids electronically then comes to the auction and bids at the auction will be charged the normal packaging and handling fees.

Terms & Conditions (click):

Sale Currency: United States Dollars – USD

Shipping: Shipping is available for this auction. We ship UPS Ground and UPS Freight. Packaging and Handling Fees are additional and will be added to the invoice for this service.

Bentley’s Packaging & Handling Fees (click):

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