For sale offered an operating four-star hotel Onega Palace located on the shore of the Onezhskoye Lake in Petrozavodsk

On 25 February the Auction House of the Russian Federation (RAD) has appointed an auction for the sale as a single lot of: promissory notes of LLC Onega Palace, rights (claims) under contracts signed between OJSC Sberbank of Russia and LLC Onega Palace and 100% shares in LLC Onega Palace, which owns the hotel complex of the same name with an area of 14.2 thousand sq. m. at the address:
26, Kuibyshev Street, Petrozavodsk, Republic of Karelia.
Starting selling price – 700 million rubles, minimum price – 440 million rubles.

The hotel complex is limited by Yeremeev, Fedosova, Kuibyshev and Malaya Slobodskaya streets. Nearby are major traffic arteries of the town – Kirov Street and Lenin Avenue. 500 m away is the shore of the Onezhskoye Lake.

Thirteen-storey building is divided into two parts – a business center and a hotel.

Business center occupies premises with a total area of 1.4 thousand sq. m. from the first to the fourth floor.
These premises have a private entrance and are leased at rates above the average with regard to the market of Petrozavodsk. Contracts of Lease currently in force are available.

The hotel occupies the remaining floors of the building (from the fifth to the thirteenth).
The hotel has 103 rooms of different categories – singles, doubles, suites and others.

For visitors and guests of the complex spa, gym, swimming pool, bars, restaurants, laundry etc. are opened.

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