Lease of a company operating in the Waste sector at auction a Montecchio Emilia (RE) | 261047

Lease of a company operating in the Waste sector in Montecchio Emilia (RE)

Auction
n.28010

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Description

Lease of a company operating in the Waste sector in Montecchio Emilia (RE)

AUCTION BASED ON RECEIVED OFFER

The value resulting at the time of adjudication will be equal to the annual rent for the company lease

Company engaged in the marketing, collection, transport, temporary storage, conferment, treatment, disposal, inertization, recovery, recycling of solid, semi-solid, and liquid waste, without exception.

The lease contract includes:

- buildings and land, where the activity is carried out, leased under a contract that provides for automatic renewal expiring on 04/10/2027;

- plants, machinery, equipment, furniture, furnishings, electrical and electronic machines, loading and unloading means, vehicles and automobiles

The Company does not include debts and credits prior to the effective date of the lease, which remain exclusively the responsibility of the Lessor.

Inventory, currently non-existent, is not included in the business assets subject to this notice. If existing at the time of signing the company lease contract, they will be sold at cost by the Lessor to the Lessee at the time of taking possession of the business complex. They will be regularly invoiced and the payment, including VAT, will be made by the lessee in six monthly installments starting from the month of invoice issuance.

The Lessor undertakes to transfer to the Lessee the necessary authorizations if and as far as they relate to the exercise of the leased activity; this transfer will be effective until the expiration of the company lease.

The company lease contract is subject to the suspensive condition that the Emilia Romagna Region, with acknowledgment or equivalent act, authorizes the entry of the Lessee into the authorizations that are held by the company in Judicial Administration.

The lease will last for five years. It is at the Lessor's discretion to request, at least three months before the expiration, the extension of the duration of this contract.

The activity is carried out in a property owned by third parties. The contract, registered on 22/10/2015, has a duration of 6 years with an initial expiration on 04/10/2021 and has been renewed for an additional 6 years, thus until 04/10/2027, and contains a clause for automatic renewal.

For further information, please consult the appraisal and the attached documentation.

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