On Thursday, 11th March 2010 at 2.30 pm at the spot.
All that divided and defined allotment of land marked Lot 2 depicted in Plan No.2603 A dated January 2005 made by W.A.Gunathilake Licensed Surveyor of the land called "Kudapaduwa Estate" situated at Kudapaduwa within the Municipal Council Limits of Negombo and within the Registration Division of Negombo in the District of Gampaha Western Province.
The Property Mortgaged To Sampath Bank By: B. K. F. Mendis

Land in Extent: A0:R2: P26.5
Together with the soil, trees, plantations, buildings standing thereon and together with all rights, ways, privileges, easements, servitudes and appurtenances thereto


From Periyamulla junction in Negombo proceed about 1.2 k.m on Cemetery road & then turn left & proceed about 125 meters on Anderson road & reach the land which is on the right side. There is a motorable access up to the land (Canal View Restaurant is on the subject land)


The successful purchaser will have to pay the following amounts in cash or bank draft at the fall of the hammer.

1. 25% (Ten Percent) of the Purchased Price.
2. 1% Local Authority Tax payable to the Local Authority.
3. Auctioneer's Commission of 2 1/2 % (Two and a half percent only)
4. Total cost of advertising Rs. 100,000.00
5. Clerk's & Crier's Fee of Rs. 500.00
6. 6. Notary's fee for condition of sale Rs. 2,000.00
7. Balance 75% of the Purchased Price will have to be paid within 30 days from the date of sale.


For Notice of Resolution please refer the Government Gazette dated 28/08/2009 and in daily News Papers namely The Island, Divaina and Thinakkural dated 17/08/2008.
For further details and conditions of sale please contact The Manager, Recoveries, Sampath Bank Ltd, 110, Sir James Peiris Mawatha, Colombo 2. Tel: 0114 730227 / 0114 730235.