(Madison, WI  -- North Gate Shopping Center -- 53704)

 

LARGE (140+) SEAT RESTAURANT HAS LOST ITS LEASE!

Complete Free-Standing-Restaurant Building--Wall-To-Wall Liquidation! 

à Kitchen, Bar, Dining, & Décor Items – Everything Sells!! ß

A U C T I O N

CHINA PALACE – 1291 N. Sherman Ave.– (at the corner of Aberg Ave. & N. Sherman Ave—due to road construction, please enter off of Aberg Ave—which is also Hwy. 30 off of I-39/90/94)  – Madison, WI   53704

Thursday, September 4, 2008, starting promptly at 10:30-AM

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After years of operation, the China Palace Oriental Restaurant has lost their lease and will sell at auction to the highest bidders all of their former restaurant, kitchen, dining room, bar, décor, & related items!

A partial, early, listing of major items to be auctioned includes:

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This is a complete liquidation auction of all restaurant related assets ordered sold by the landlord.  See our website after Tuesday, August 26, 2008, for a full and detailed listing with photos.  This is an indoor auction – with a large assortment of goods and equipment to be auctioned, all to the highest bidder, without reserve, in place – Items from the commercial kitchen, fryers, stoves, woks, steamers, ovens, all stainless equipment, etc.—Items from the dining area include all seating, tables, chairs, waitress station, table ware, china, glassware, utensils, serving items, décor items, table accents, etc. --- Items from the lounge area as well as all décor items and equipment necessary to equip and serve over 100 diners; Old scrap metal & equipment! This was a large restaurant—everything sells—this ad is an early and generic listing to meet the deadlines of the various papers & shoppers used.

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Some items include:   All Metro shelving, all kitchen smalls, rice cooker, prep coolers & tables; soda machine; Deep fryers; 3-head beer tapper; Small portable ranges; (2) Large 7-ft. x 24” x 24” fish Aquariums w/stands;  27” TVs; All S.S. bar sinks & under bar equipment; Cash registers; (50+) Matching wooden pedestal tables in various shapes, sizes, etc; (140+) leather padded matching arm chairs; All bar glassware; 30-ft. BAR; Asian style hostess stations; Large older 2-door 43” x 3`” x 6-ft. tall SAFE; Office furniture & supplies, machines, etc.; Newer DCS stainless 4-burner gas oven; (2) Complete buffet serving lines—portable, stainless, (1) 7’&  (1) 8’; (70+) Stacking chairs; Glass washer; Microwave ovens; Asian gas woks; Rice cooker; (40+) Bus totes; Lots of Asian & Chinese style décor items; and everything else!!  ONLY AN EARLY & PARTIAL LISTING!  A large establishment!

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Lunch Available – Portable Restrooms Available  --  All Sales Are ‘As Is’ & Final!

Not Responsible For Accidents, Losses, or Listing Errors, If Any!

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TERMS:  Cash via CURRENCY, major credit cards, local area verifiable checks!  Current photo ID required & photo-copied to register to bid & buy.  Viewing morning of auction ONLY after 9:45-AM!  12% Auction Buyers’ Fee applies—2% Currency/Check/Cash Discount! + 5.5% WI Sales tax apply & added to all high bids to determine final selling prices.  Removal day of auction until 4-PM &  Fri, 9/05, 9-AM to Noon ONLY! 

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Another Professional Commercial/Restaurant Auction Conducted By:

 

LUST AUCTION SERVICES, LLC –Registered Wisconsin Auction Co., License #1

Matthew R. Lust, CAI, GPPA, CES, REALTOR, Auctioneer—RWA #8

202 W. Front St. – Mt. Horeb, WI  53572-0113

(608) 437-2001; Day of Auction (608) 235-7748;  info@LustAuctions.com