The former children's library building in the center of Vitebsk was sold at auction for Br700 million.
October 14, Vitebsk /Sergey Kochetov - BELTA/. The former children's library building in the central part of Vitebsk was sold at auction today for Br700 million, the "Vitebskoblimushchestvo" fund informed a BELTA correspondent.
The two-story brick building with a total area of 484 sq.m was put up for auction with an initial sale price of about Br215.8 million, simultaneously with the right to conclude a land lease agreement. A plot of land with an area of over 0.06 hectares for the maintenance and servicing of the building is leased for 50 years.
The facility, located near the city hall, attracted four potential buyers to participate in the auction. The winner was determined at the 12th step of the auctioneer, when the sale price rose to Br700 million, thus exceeding the initial price by almost 3.3 times.-0-