17.06.2015

For sale offered commercial real estate for placing an office and shops in Arkhangelsk with 35% discount

On 10 July the Auction House of the Russian Federation (OJSC AHRF) has appointed a Dutch auction (with price reduction) for the sale of rights (claims) of Sberbank of Russia to LLC “LKM-Marketing”.


The starting price of the Lot equals the sum of the company's debt to the bank – 105.4 million rubles.
Concurrently the buyer has the possibility to purchase the Lot at a minimum price – 28 million rubles. Taking into consideration that the total value of pledged assets is – 42.5 million rubles , the potential buyer can purchase the property with 35% discount (for example, while concluding with the debtor an amicable agreement , under which the buyer reserve the pledged assets in terms of reduction of the sum of debt).

Security for credit are the following:
1. Office building with an area of 446.5 sq. m. with a land plot of 0.6 he.
Address: 7 , Okruzhnoe Highway , Arkhangelsk.
2. The building of a store with an area of 174.6 sq. m. with a land plot of 1.8 thousand sq. m..
Address: 58 , Pavlina Vinogradova Street , Industrial Settlement Bereznik , Municipal Unit “Bereznikovskoe” , Arkhangelsk Region.
3. Rooms for a shop with an area of 119.3 sq. m.
Address: 10 , Vologodskaya Street , Arkhangelsk.
4. Rooms for a shop with an area of 72.9 sq. m.
Address: 11 , Gagarin Street , Arkhangelsk.

“The buyer of rights (claims) will be able to collect from the debtor and the guarantors of the debt amount of debt by selling the mortgaged property. At the same time the debtor and the guarantor must pay the buyer the difference between the amount of debt and the funds received from the sale of assets.
Also the mortgagee by consent with the debtor may reach an amicable agreement , under which all or part of the property he keeps himself , and discounts the debtor remainder of the debt.” (Olga Zheludkova , Head of Department for Work with Troubled and Non-Core Assets of the Banks of the Auction House of the Russian Federation).

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