The committee of directors of e-EFKA decided to clasp a caller nationalist bidding tender with the submission of closed bids for the lease of the autarkic spot connected 65-67 Sokratous Street, Athens, owned by it with the implementation of an concern programme for its conversion into a 3-star hotel.
It should beryllium noted that until 1980 the gathering housed the AMBASSADEUR hotel.
The tender volition beryllium a bidding tender with closed bids. The duration of the lease is acceptable astatine 35 years, with the anticipation of an hold for an further 10 years upon a applicable petition by the tenant and a determination of acceptance by the Board of Directors of e-EFKA. The minimum monthly rent is acceptable astatine 35,000 euros
adjusted from the 4th twelvemonth of the lease according to the Consumer Price Index. In the lawsuit that the Consumer Price Index is negative, the monthly rent volition stay unchanged.
The lessee is obliged to implicit an concern programme connected the lease, wrong 3 years, for the reconstruction and conversion of the spot into a edifice of astatine slightest 3 stars, with his ain exclusive attraction and expenses, amounting to a minimum of 20 cardinal euros positive VAT.
Also, a grace play and exemption from the outgo of rent for 3 years is provided for, for the completion of the concern program. The Letter of Guarantee for Participation successful the tender is acceptable astatine the magnitude of 35,000 euros. The Letter of Guarantee for Good Execution of the presumption of the declaration volition magnitude to 1 yearly rent achieved. In addition, the Letter of Guarantee for the Implementation of the Investment Program volition magnitude to 1 cardinal euros.
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