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LEASE: Commercial Property at Old Burger King Site, Gulgasht Colony, Brand Road, Multan

Active Tender
Closing Date:
2026-11-25

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. Water and Sanitation Agency (WASA) Multan invites reputed National and Multinational Companies, Corporate Business Groups, Franchise Operators, Commercial Chains, and other financially sound business entities to participate in an Open Public Auction for leasing its prime commercial property located at Old Burger King Site, Gulgasht Colony, Brand Road, Multan. The property covers approximately 15 Marla and is designated for commercial use. The lease period is five years, extendable with mutual consent and subject to approval by the Competent Authority. The reserve monthly rent is set at Rs. 1,000,000/- (Rupees One Million Only). Items being leased: - Commercial Property at Old Burger King Site, Gulgasht Colony, Brand Road, Multan (approx. 15 Marla) Eligible participants include National Companies, Multinational Companies, Corporate Business Groups, Public and Private Limited Companies, Franchise Operators of National and International Brands, Retail and Commercial Chains, Restaurant and Food Chains, Fashion and Lifestyle Brands, Electronics and Consumer Product Brands, and other commercially established business entities. Mandatory requirements include a minimum of three years of documented business operations, presence in at least two cities of Pakistan through branch offices or commercial facilities, and a financially sound organization supported by audited financial statements, annual accounts, corporate financial reports, or bank certificates. Bidders must also provide an affidavit confirming no blacklisting by any government or public sector organization. Interested participants must submit Company Registration Certificate, NTN Certificate, Active Taxpayer Certificate, Authority Letter/Nomination of Authorized Representative, Evidence of Operations in Multiple Cities, Affidavit of Non-Blacklisting, and a Bid Security of Rs. 1,000,000/- in the form of Call Deposit Receipt (CDR), Pay Order, Demand Draft, or Banker's Cheque drawn in favor of WASA Multan. The auction schedule is as follows: Registration on 25/11/2026 from 10:00 AM to 11:00 AM, followed by the auction at 11:30 AM sharp at the Committee Room, WASA Head Office, Shamsabad, Multan. The successful bidder must execute a lease agreement with WASA Multan, use the premises exclusively for lawful commercial activities, pay rent and applicable taxes timely, maintain the property in good condition, and comply with all applicable laws and regulations. Subletting or transferring the property without prior written approval is prohibited. Only registered and eligible participants will be allowed to participate. Original documents must be presented at registration. Bidding will start from the reserve monthly rent. The highest bid is subject to approval by the Competent Authority. The successful bidder must furnish a performance security equivalent to three months' offered rent prior to lease execution. WASA reserves the right to accept or reject any bid or cancel the auction without assigning any reason. A practical tip for bidders: Ensure all required documents and bid security are prepared and submitted timely to avoid disqualification. Attend the registration early to clarify any queries and secure your participation.
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