Dennis Township gets Liquor Store
Thursday, December 17th, 2009
Back in 2006, Dennis Township auctioned its first-ever liquor license for a retail store, known as a Plenary Retail Distribution License. In New Jersey ABC lingo, it's known as a "44″ license, meaning the liquor is for off-premises consumption only.
With just two bidders, the license went for $1.1 million. The township set a minimum bid of $700,000, and the other bid was unsuccessful at $756,000.
The winning bidder sold the license to the Gleeson family earlier this year and they will be building their liquor store in Oceanview at the busy and highly-visible corner of Route 9 and Sea Isle Boulevard.
Plans include 4,000 square feet of retail space and an additional 4,700 square feet for storage space and offices. The family, which owns Gleeson Contractors, will be constructing the building themselves. The business is slated to be open for sales by Memorial Day.
Dennis Township has been "dry" since it was incorporated in 1826. In 2001, voters approved a referendum to allow liquor. Dennis auctioned one of its two permitted restaurant liquor licenses in 2002 to Shore Gate Golf Club, which bid the minimum set price of $300,000 to acquire the coveted license.
Of Cape May County's 16 municipalities, only Ocean City, Wildwood Crest, and Cape May Point remain "dry" towns.
- Mountain Man and City Girl
http://www.MountainManandCityGirl.com
Posted in Real Estate | No Comments »
Comments (3)Subscribe to CommentsComment