Auction: 18-Hole Championship Golf Course on 120+/- Acres

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Auction: 120+/- Acre 18-Hole Golf Club with Clubhouse, Restaurant, Function Facilities, Pro-Shop, Driving Range, Pool & Tennis k/a "The Georgetown Club"

JJManning Auctioneers is proud to offer an 18-hole golf course on 120+/- acres, known as “The Georgetown Club,” located at 258-260 Andover St./Rt. 133, Georgetown, MA. The club is centrally located with easy access to I-95 and I-495, just 25 miles from Boston.

Course: 18-hole par 72 course designed by Philip Wogan. 1st 9 opened 1991, 2nd 9 opened 1995. 13 holes with water hazards.

Practice Facility: Driving range, putting green, short game area

Clubhouse: 29,880+/- sf. finished area with 2-stories built in 1995 with 1999 addition. It features vinyl siding, a 3-story elevator, covered patios and balconies. The first floor is 13,114+/- sf. and includes a restaurant, bar, kitchen, offices, men’s and ladies’ locker rooms and a men’s lounge. The second floor is 12,566+/- sf. with a kitchen, 2 large function rooms (5,760+/- sf. Andover Room - 350+/- capacity and 4,046+/- sf. Essex Room - 225+/- capacity with separate bridal suite, grand staircase, balcony). The mezzanine is 4,200+/- sf. with an office, walk-in coolers and freezers as well as storage.

Pro-Shop/Storage/Maintenance: This is a 3-section building created from a former hay barn, horse barn and newer addition. It includes a 2,200+/- sf. pro-shop built c. 1999; 1,728+/- sf. golf cart storage; 3,420+/- sf. golf maintenance.

Pool Area: In-ground heated pool with kiddie pool, cabana, playground.

Tennis: 2 hard surface courts

Inventory: Secured party’s inventory comprised of furniture, fixtures & equipment used on premises to be sold in individual lots after sale of the real estate. Photos are representative, all items shown may not be included in inventory sale.

Real Estate Terms of Sale: 20% certified deposit of which $100,000 must be presented in certified or bank check at the auction. Remainder of the 20% deposit in certified or bank check by 5pm ET on Wed., 5/5/10. Balance in 30 days. Other terms, if any, announced at the sale.

Secured Party’s Inventory Terms of Sale: Cash or Bank Letter guaranteeing your check. 10% Buyers Premium. Cash customers must present $100 refundable deposit at registration. Other terms, if any, announced at the sale.

Property Preview: Monday, April 19, 2010 from 11am-2pm
Auction: Wednesday, April 28, 2010 at 11am on-site

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JUSTIN MANNING
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