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AUCTION: Lease Rights of Food Court Stalls, Samawat Bazaar, Taunsa Sharif

Active Tender
Closing Date:
2026-11-12

Tender Document

Tender Document

Tender Description

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Punjab Small Industries Corporation is inviting open auction bids for the lease rights of food court stalls located at Samawat Bazaar, Taunsa Sharif. This opportunity is ideal for entrepreneurs and businesses interested in operating food outlets in a prominent commercial location. The auction will be conducted as per the schedule and terms outlined below. Items being auctioned: - Food Court Stall No. 1, Area: 480 Sqft, Reserve Price: Rs. 25,000 per month, Security: Rs. 14,000, Token: Rs. 12,500 The food court stall is situated in a busy bazaar, offering high footfall and excellent business potential. The successful bidder will be granted lease rights for the specified stall, subject to compliance with all terms and conditions. Bidders must bring their original CNIC and deposit the required token amount to participate in the auction. The security deposit and monthly lease amount are clearly mentioned, and the highest bidder meeting or exceeding the reserve price will be awarded the lease. Eligibility criteria include submission of the PSID token, adherence to the auction SOPs, and compliance with all legal and operational requirements set by Punjab Small Industries Corporation. The auction will be held on 12 November 2026 at the site, and interested parties should ensure timely arrival and complete documentation. Earnest money and security deposits are mandatory for participation. For bidders, it is advisable to visit the site beforehand to assess the location and potential of the food court stall. This will help in making an informed bid and understanding the operational environment. Ensure all documents are in order and clarify any queries with the contact officials before the auction date.
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