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Auction of Tenancy Rights of Model Cabins at Faisalabad Road Sargodha

Expired Tender
⏰ Closing Date:
2025-06-29

Tender Document

Tender Description

The Military Lands and Cantonments Department through Cantonment Board Sargodha is offering an auction for tenancy rights of model cabins located at 49 Tail, Faisalabad Road, Sargodha. The auction is scheduled for 29th June 2025 at 14:00 hours in the office of the Cantonment Board Sargodha, with an alternative date of 30th June 2025 if required. The cabins are categorized into three models with sizes ranging from 6 ft by 10 ft to 8.5 ft by 10 ft, intended specifically for the sale of fruits and vegetables. Interested parties must ensure they are not blacklisted and will be required to submit police verification of character. The tenancy period is initially three years with renewal conditions and market trend assessments by the board. Bidders must deposit a refundable security of PKR 20,000 in the form of a call deposit or pay order before participating. The successful bidder will also need to deposit advance rent and security equal to three months’ rent at the fall of the hammer. The agreement must be registered under the Registration Act, 1908, and the tenant is responsible for all utilities and allied services at their own cost. The tenancy rights are transferable subject to a transfer fee of PKR 5,000. The Cantonment Board reserves the right to reject or cancel any bid as per PPRA rules. This auction is a unique opportunity for suppliers and traders in Sargodha to secure tenancy rights for commercial use of cabins in a prime location. Bidders should prepare their Earnest Money and CDR carefully and ensure timely submission to avoid disqualification. The auction process requires personal participation or authorized representation, so bidders should plan accordingly to meet the deadline and comply with all terms and conditions.
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