A former office of Russian Credit Bank near Sorge subway station in Moscow is offered for sale with up to 50% discount

The Auction House of the Russian Federation (AHRF) will hold biddings on behalf of the Deposit Insurance Agency (ASV).
The property of Bank Russian Credit OJSC, which is being liquidated, – commercial premises with an area of 930.3 sq. m in Moscow, in Sokol District, is offered for sale. Nearby there are Leningradskiy Prospekt and North-Western Chord.
Address: 7, Salvador Allende Str., Moscow.
The premises occupy the ground floor, the first and the second floors of a residential building. Previously, the bank's office was located there.
The most probable way of use is for street retail, office or educational centre, etc.

Biddings take place at the ETP AHRF Electronic Trading Platform through public offer during the period from 20th May to 9th September. During this period of time the price of the Lot will be decreasing gradually.
The biddings started with 127.4 million rubles.
MINIMUM price is 63.7 million rubles.

“The premises are situated in a very attractive location at the intersection of Salvador Allende and Kuusinen streets, almost opposite the Old Lilac Garden of L.A. Kolesnikov. Taking into consideration the peculiarities of the location, a future investor can carry here out any commercial project. And large shop windows will make the future project noticeable and will attract an additional flow of clients.
One more advantage is the price, only from 68.5 thousand rubles per square meter!”, – thinks Olga Zheludkova, Head of Department for Work with Distressed and Non-Core Assets of Banks.

For detailed information about the Object of sale, please, see the website of the Auction House of the Russian Federation (AHRF)