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Bukhara Palace Hotel for sale

ATTENTION! ATTENTION! ATTENTION!
TO ATTENTION OFF ALL FOREIGN INVESTORS!
 
LLC "ISHONCH MULK SAVDO" invites to open auction conducted by increasing the starting cost. The auction will be organized for the sale of building of former Bukhara Palace Hotel, located at Navoiy str., 8, Bukhara, which is currently registered on on the balance sheet of the State Enterprise of Registration and Operation of Properties and Non-residential Premises of the Khokimiyat of Bukhara city.                                                                                       
 
 
Characteristics of the state asset put up for auction:
 
Total land area of the state asset: 1,891 ha
Land area occupied by buildings and structures:
8581,16 m2
 
Starting value of the state asset: 26 351 205 556 UZS
.
Balance holder: State Enterprise of Registration and
Operation of Properties and Non-residential Premises
of the Khokimiyat of Bukhara city.
 
 
 
The auction will be held at 15:00 on 11th October, 25th October or 8th November 2017 in the auction hall of Bukhara Regional Department of State Committee, at address: Mustakillik str., 10, Bukhara.
 
The contract of purchase and sale will be drafted within a period of 20 days the latest, after the signing of the protocol of the auction results.
 
Applicants must deposit a minimum of 15% of the starting value of the state asset to the following account of auction organizers - LLC “ISHONCH MULK SAVDO”: JSCB "Uzpromstroybank" Tukimachilik Branch, account number: 20208000300373579001, MFO: 00862, Tax ID: 303008888.
 
Acceptance of necessary documents and applications for participation in auction will be stopped one day earlier than the indicated date of auction sales (excluding Saturdays and Sundays) at 18:00.
 
To participate in auctions, applicants or their representatives have to timely submit the letter of intent with the following annexes, to the auction organizer in person or by mail:
 
For legal entities - a copy of the certificate of state registration, also a power of attorney with a copy of the identification document of the authorized representative, issued in accordance with the established procedure, a copy of the payment document confirming payment of the security deposit to the account specified in the auction notification;
 
For individuals - a copy of the civil passport, a power of attorney with the attachment of a copy of the identity document of the authorized representative in case of participation of the authorized representative, issued in accordance with the established procedure, a copy of the payment document confirming payment of the deposit amount to the account specified in the auction notification;
 
Note: Based on the requirements of the Resolution by President of the Republic of Uzbekistan dated 19,h 2017, no. PP-2980, we note that the buildings and constructions of the former Bukhara Palace Hotel are being sold to foreign investors.
 
Address: Mustakillik str., 10, Bukhara
Phones for information: +998 - 98 - 7741918.
E-mail: ishonch_mulk_savdo@mail.ru
Web: www.imsr.uz,www.gki.uz,www.gkk.uz,www.gkitorg.uz
License no.: RR-0198.
Dear entrepreneurs and businessmen!
 
In the event of violation of your rights protected by the laws of Uzbekistan, in the process of conducting auctions, please contact immediately the hotlines of the State Competition Committee at 0371 - 2592137 !
 
Welcome to the auction!
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