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Auction Sale of Property :- Valuable Garment Factory - Land in Extent 48.50 Perches.

Request For Proposals

General Information
Country:   Sri Lanka
City/Locality:   Colombo
Notice/Contract Number:   ept:4075806
Publication Date:   Nov 10, 2009
Deadline:   Nov 23, 2009
Buyer:   National Development Bank Of Sri Lanka
Original Language:   English

Contact Information
Address:   Courts and Commercial Banks Recognized Auctioneer, Manager
National Development Bank Of Sri Lanka
No. 40, Nawam Mawatha
Colombo 02
Sri Lanka
Telephone:   011-2437701-10, 081-2211025/071-4755974
Fax:   081-2211025

Goods, Works and Services

 

Original Text

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Opening date of tender: 11/23/2009 09:30

Note: Mode of Payment: 1) 10% of the Purchase. Price at the fall of the Hammer.
2) Balance 90% of the Purchase Price within 30 working days of the sale.
3) Local Sale Tax to the Local Authority and any other tax imposed by the Government or Local Authorities.
4) Auctioneer's commission of 21/2% (Two and Half Percent) of the sale price.
5) 50% of the total cost of Advertising.
6) Clerk's and Crier's wages Rs. 500/-.
7) Notary Attestation fees for conditions of sale Rs. 2000/-.

Valuable Garment Factory Situated within the Yatakalanpanna Sub Office area of Marawila P.S. fronting Chilaw - Negombo Main Road in the Village of Marawila divided three contiguous allotments out of the land called Horagolla Watta alias Dehigahagala together with the Four Storied Factory Building and everything else standing thereon together with all and singular the Fixtures - Fittings Services and improvements which are now affixed or permanently fastened to the said land and premises including electricity supply equipment, water supply equipment, telecommunication and air conditioning equipment.. Land in extent 48.50 Perches.
Property secured to National Development Bank PLC for the facilities granted to Cane Apparels (Pvt.) Limited having its registered office at Pitakotte as the borrower.
I Shall Sell By Public Auction The Property Described Above on 23rd November 2009 At 9.30 a.m. At The Spot.
For notice of resolution refer the Govt. Gazette dated 02.10.2009. The Island, Divaina and Thinakaran dated 22.09.2009. For notice of sale refer the Govt. Gazette of 06.11.2009.
Mode of Payment: 1) 10% of the Purchase. Price at the fall of the Hammer.
2) Balance 90% of the Purchase Price within 30 working days of the sale.
3) Local Sale Tax to the Local Authority and any other tax imposed by the Government or Local Authorities.
4) Auctioneer's commission of 21/2% (Two and Half Percent) of the sale price.
5) 50% of the total cost of Advertising.
6) Clerk's and Crier's wages Rs. 500/-.
7) Notary Attestation fees for conditions of sale Rs. 2000/-.
If the balance 90% payment is not made within 30 days as stipulated above Bank shall have the right to forfeit 10% already paid and to resell the property.
Title Deeds and other connected documents could be inspected from Manager, Special Projects National Development Bank PLC, No. 40, Nawam Mawatha, Colombo 02. Tel: 011-2437701-10.
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