A public auction will be held for one Plenary Retail Distribution Liquor License on Feb. 12 in Cherry Hill.
Pre-qualification applications are currently being accepted, according to a township document.
Interested parties may pick up an application at the Township Clerk’s office, Room 107, 820 Mercer St.
All applications, according to the document, must be submitted by 5 p.m. on or before Jan. 22 to the clerk’s office.
The minimum bid is $425,000 and 10 percent of the amount must be submitted in certified funds by 10 a.m. on the auction date.
According to the document, “The township of Cherry Hill reserves the right to reject any and all bids if the highest bid is not acceptable.”
This is a rare occurrence, said Township Spokeswoman Bridget Palmer, and those interested are encouraged to bid.
Check back with The Sun for more information as it becomes available.
Interested bidders can contact Township Clerk Nancy Saffos at (856) 488–7892 or stop into her office.
