Sale of a company dedicated to hotel and restaurant management

Bankruptcy no 34 2018 Court of PiacenzaSale of a business complex consisting of buildings and a company that runs hotels restaurants bars with the administration of drinks and the management of dance clubs and discos It is specified that the company still in bonis with a deed issued by the Notary s Ministry stipulated on 13 September 2016 has leased the company or the complex of tangible and intangible assets and what is necessary for the exercise of the management activity of hotels restaurants bars hot tables pizzeria with administration of drinks and the management of venues of dance and discotheques The duration of the aforementioned company lease contract with original expiry up to 18 September 2020 is tacitly renewed from year to year unless written notice to be communicated to the counterparty within three months of the subsequent expiry The annual rent amounts to 70 000 00 seventy thousand 00 plus VAT to be paid in advance quarterly installments Upon completion of the competitive procedure if provisional adjudication has been made in favor of a proposing third party the Bankruptcy will communicate within ten days the price reached to the tenant company which will have the right to exercise the right of pre emption within five days of receiving the communication by registered letter with acknowledgment of receipt or by certified e mail to the Trustee and to the temporary contractor If the lessee does not communicate its intention to exercise the right of pre emption in the forms indicated above the company may be sold to third parties The structure classified as a 4 star accommodation facility includes both the hotel accommodation business and the restaurant business conference center and disco The hotel has 72 rooms a congress center equipped with 4 meeting rooms an American bar a restaurant an 80 000 sq m garden a disco and a car and bus park with individual garages The structure is on the Via Emilia not far from the motorway junctions The remuneration due to abilio consists of a commission calculated using the regressive method by brackets on the award value The overall award va