Description
The Atlantic Highlands Harbor Commission is leasing ~1,800 sq ft of ground‑floor retail space at the Atlantic Highlands Municipal Marina for a bait‑and‑tackle concession. The lease is a 5‑year term (with one optional 5‑year renewal) on a triple‑net basis, requiring a $45,000 first‑year rent (minimum $69,000 base rent for years 1‑2), a $10,000 security deposit, a $250 non‑refundable proposal fee, and proof of $100,000 liquid assets. Applicants must submit a notice of intent by October 4, 2013 and a sealed bid by October 10, 2013.
• Operate a bait & tackle retail business (no fuel, alcohol, or full‑service food) serving the marina’s boating community.
• Provide two business plans (summer peak and winter), maintain compliance with NJ codes, and secure any necessary permits for alterations.
• Financial qualifications include $10,000 security deposit, $100,000 liquid assets, and a $250 proposal review fee; lease includes annual rent escalations of ≥ 4 % after year 2.
Attached files
Contact
Adam Hubeny(Borough Administrator)