TATI RIVER LODGE
STAFF WRITER | Friday August 30, 2024 12:27
EXPRESSION OF INTEREST FOR THE ACQUISITION OF PLOT 16076, FRANCISTOWN (TATI RIVER LODGE)
ON BEHALF OF THE PROVISIONAL LIQUIDATOR OF TATI RIVER LODGE, CARAVAN & CAMPING (PTY) LTD, GOO BENG (PTY) LTD t/a BRE ADVISORY (BREAD) invites the public to express interest for the acquisition of Plot 16076 Francistown (Tati River Lodge).
The terms and conditions of this Expression of Interest are as follows:
1. The property is fully developed with the following improvements:
Reception and Administration Block
Four Conference Rooms
79 rooms - Presidential, Executive, Suites, Studios
A La Carte Restaurant with a Bar and Dining Area and a second Restaurant Block
Swimming Pool with Change Room and Pool Side Bar
3x Porta Cabins
Caravan and Camp Site with 3x detached Camp Houses, a Storeroom and Ablution Block, and Carports
2. The property is fully serviced with plumbing and boreholes, electrical and mechanical equipment and services, sewerage systems and internal roads.
3. The property will be transferred under a remaining term of a 50-year Fixed Period State Grant, of which the current owner holds 27 years.
4. The Reserve Price is P40,000,000 (Forty Million Pula) excluding VAT and moveable assets.
5. Interested parties will be required to pay a tender participation fee in order to receive a detailed information pack.
6. The Expression of Interest must be submitted by email to: dabilo@bread.co.bw
7. Expressions of interest should contain the following minimum information:
Full name and address of interested party
In the case of a company - certified copies of personal identification documents of directors and significant shareholders
In the case of an individual – certified copies of personal identification documents
Bank account confirmation letter
8. The closing date for receipt of the Expression of Interest is Friday 6th September at 17:00hrs.
9. Interested parties will thereafter be provided with details of the tender process leading up to the submission of a binding offer.
10. The tender will be subject to a compulsory site visit – the timing of which will be included in the tender process document.
11. The Seller, the Agent and their representatives will not be liable for any costs whatsoever incurred by the interested participants.
For more information, contact Ms. Dabilo M. Mokobi on +267 71 320 320 or
dabilo@bread.co.bw
Goo Beng (Pty) Ltd t/a BRE ADVISORY
Registration Number: BW00000493176