SCHOKMAN & SAMERAWICKREME - Auction Sale of A Valuable Property

Date & Time : Thursday 27th October 2022 Commencing at 11.00 a.m
To Be Held At : People’s Bank, Embilipitiya Branch Premises.

Viewing


From Embilipitiya town center proceed along Nonagama road for
about 700m and turn right on to New Town road alias concrete yard road (a carpeted road)
and continue about 750m and finally turn right on to a carpeted road 15 wide and travel
about 100m to reach the property which is on right side of the same road. (The property
named white royal hotel).

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MODE OF PAYMENT
The successful purchaser will have to pay the following amounts in cash at the fall of the
hammer.

  •  10% of the purchase price
  •  1% Local Authority tax payable to the local authority
  •  Auctioneer’s Commission of 2 ½ % (Two and a half percent only) on the sale price plus
    applicable taxes on the commission.
  • Clerk’s & Crier’s Fee of Rs. 1,500/=
  • Cost of sale and any other charges if any.
  • Stamp duty for the Certificate of Sale.
    The balance 90% of the purchased price will have to be paid within 30 days from the date of
    sale to the Manager, People’s Bank, Embilipitiya. Tel – 047 2230271/047 2230652
    If the said amount is not paid within 30 days as stipulated above, the Bank shall have the
    right to forfeit (10%) of the purchase price already paid and resell the property.