Auctionbytes-NewsFlash, Number 899 - November 29, 2004 - ISSN 1539-5065
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Bid4Assets Auctions Seized Florida Lounge
By Ina Steiner
AuctionBytes.com
Bid4Assets will auction the famous Sandshaker Lounge located in Pensacola Beach, Florida. The lounge was forfeited to the U.S. Marshals Service after a drug bust for cocaine distribution and money laundering.
The Sandshaker Lounge, Package Store and Sandwich Shop, located at 731 Pensacola Beach Boulevard, Pensacola Beach, Florida, consist of two small bars and lounge area totaling approximately 1,978 square feet. Any undamaged unopened liquor will convey with the sale of the property.
The lounge will be auctioned online December 7 - 9, bidding starts at $295,000.
Bid4Assets has been conducting asset sales for the U.S. Marshals Service since December 1999. "We are pleased to continue to work with the Marshals Service to sell unique, high-value property more quickly and efficiently online," said Bid4Assets spokesperson Jenny Lynch.
http://www.bid4assets.com/auction/index.cfm?auctionid=151596
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