03.10.2016

Street Retail in New Arbat Street

On 1st of December the Auction House of the Russian Federation (AHRF) will hold an auction for the sale of a part of a shopping complex – “Novoarbatskiy Trading House” in historic center of Moscow, in a distance of 1 km from the Red Square. The nearest subway stations: “Arbatskaya” and “Library named after Lenin”.
The sale is carried out on behalf of LLC SBK-Auto and LLC EUROSTORE 21 CENTURY.

For sale offered six trading premises with total area of 15,855.2 sq. m at the front line of buildings at the address: 11, New Arbat Street.

The premises occupy the first, second and basement floors of SC “Novoarbatskiy Trading House”, have separate entrances from the street and display windows.
Currently all premises are rented on the basis of long-term contracts at average market rates.

For the sale the objects divided into two lots:

- Lot № 1
Four premises with total area of 12,212.7 sq. m.
Starting price – 3.1 billion rubles.

- Lot № 2
Two premises with total area of 3,642.5 sq. m.
Starting price – 1 billion rubles.

“In fact, for sale offered a ready rental business in one of the most prestigious districts of Moscow. A unique location ensures for buyer a reliability of investments, a stable demand for premises and guaranteed income due to their rent. The New Arbat was recently opened after reconstruction – currently it is one of the centers of attraction of townspeople and tourists”, – comments 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 (AHRF)