The former head office of Legion Bank in Moscow is up for auction for 1.1 billion rubles

On April 8, the Russian Auction House (RAH) will hold auctions as part of the bankruptcy procedure of the Legion joint-stock commercial bank.

A pool of office premises is put up for sale as a single lot , with a total area of ​​5.5 thousand square meters. m (about 50% of the total area of ​​the building), in the business center on Novoslobodskaya. In fact, a separate part of the building with a separate entrance is for sale.

• Address: Moscow, st. Dolgorukovskaya, 4a.
• Trading on behalf of the Deposit Insurance Agency (DIA Group) will take place on the electronic trading platform ETP RAD Lot-online.
• Applications for participation are accepted until April 3.
• The initial cost of the lot is 1.1 billion rubles.

The facility is located in the business district of the capital, next to the Garden Ring. Within walking distance from the Novoslobodskaya metro station and public transport stops. In the immediate surroundings: business centers, administrative offices, restaurants, medical centers, shops, etc.

The business center is an eight-story building built in 2015. The premises for sale are located on all floors of the building, including two underground floors and the ground floor.

The premises are in excellent condition.

Information

As Olga Zheludkova, Deputy General Director of the RAD noted, this asset is interesting because essentially a separate building of the building is being sold . In her opinion, this opens up a wide range of opportunities for investors to use. “For example, you can locate the main office of a company here or rent out space in parts. You can also consider the option of reformatting it into apartments. Any of these options has high investment potential,” says Olga Zheludkova.

“Real estate in the Garden Ring area, thanks to convenient transport accessibility and developed infrastructure, is extremely in demand among both investors and among tenants. According to consulting companies, the office real estate market will show strong growth at the end of 2023. The vacancy level is fixed at only 6.6%, which is the lowest figure in the last three years,” added Olga Zheludkova.