LEASE: Shops Opposite MI Room, Near Sultan Abad Road, Abbottabad

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Cantonment Board Abbottabad invites sealed bids for the lease of 16 shops located opposite the MI Room, near Sultan Abad Road, Abbottabad. This is a prime commercial opportunity for interested parties to secure retail space in a high-traffic area under the jurisdiction of the Board. The lease is being offered through open competitive bidding, and the process is open to all eligible individuals and firms. Items being auctioned: - 16 shops (opposite MI Room, near Sultan Abad Road, Abbottabad), each with a reserve price of Rs. 1,000,000 per annum The shops are newly constructed and are being leased for commercial use. The successful bidders will be responsible for maintaining the aesthetics of the premises, including fencing and gazebo installation if required. The lease terms specify that the shops must not be sublet or used for any illegal or unauthorized activities. The successful lessee will be required to pay the annual lease amount in advance and provide a security deposit as earnest money. The Board reserves the right to reject any or all bids without assigning any reason. Interested bidders must submit their sealed bids along with a pay order or CDR equivalent to the specified earnest money. Bidders must also provide proof of tax registration with FBR and demonstrate experience in commercial property management if applicable. The deadline for submission of bids is 15-10-2026, and bids will be opened on the same day in the presence of the bidders or their authorized representatives at the Cantonment Board office. A practical tip for bidders: Ensure that your bid documents are complete, including all required financial instruments and tax certificates, as incomplete submissions will be rejected outright. Visit the site in advance to assess the location and potential of the shops before bidding.