Prime Hotel Property in Iganga Up for Auction-Investment Opportunity

Description

A fully developed hotel property in Iganga Municipality is available for public auction under the Mortgage Act Cap 239. This is a rare opportunity for investors looking to acquire a commercial property in a strategic and high-potential location.

Property Details

• Location: Nkatu Main, Iganga Municipality, Iganga District
• Land Size: 0.051 hectares (0.126 acres)
• Title: Freehold (Register Volume JJA327, Folio 2, Block Main Street, Plot No. 100)
• Registered Proprietor: Kalevu Investments Limited
• Development: Hotel building with modern facilities

Why Invest in This Property?

• Prime Location – Situated in a rapidly growing commercial hub with significant business potential.
• Turnkey Investment – A fully developed hotel, ready for immediate business operations.
• Secure Ownership – Freehold title for long-term security and value appreciation.
• High Growth Potential – Iganga is experiencing economic expansion, making this a valuable asset.

Auction Details

• Date: 30 days from the initial publication of this notice (Confirm exact date with our office)
• Venue: H&G Advocates’ Boardroom, Plot 29A Lumumba Avenue, Kampala
• Time: 10:00 AM or soon thereafter

How to Participate

• All bids must be sealed and submitted at Trust General Auctioneers:
  Plot 14, Kampala Road, Insurance House, 2nd Floor, Wing 6, Room No.1
• Bid submissions are subject to formal acceptance by the Mortgagee.
• VAT is exclusive in all bid prices.
• Property viewings can be arranged through our office.

Important Notice

All current occupants must vacate within 14 days of this notice. Failure to do so will result in eviction at their own cost.

Contact Us for More Information

Trust General Auctioneers

• Tel: 0772-426327 / 0704-969202
• Email: ekunywana@handgadvocates.com

Take advantage of this unique investment opportunity today.