Lease Auction of Commercial Property at Old Burger King Site by WASA Multan
Auction details
Water and Sanitation Agency (WASA), Multan invites reputed national and multinational companies, corporate business groups, franchise operators, commercial chains and other financially sound business entities to participate in an open public auction for leasing its commercial property at the Old Burger King Site, Gulgasht Colony, Brand Road, Multan. The property covers approximately 15 marla and is designated for commercial use. The lease period is five years, extendable by mutual consent of both parties, subject to approval of the competent authority. The reserve monthly rent is Rs. 1,000,000.
Eligible participants include national and multinational companies, corporate business groups, public and private limited companies, franchise operators of national and international brands, retail and commercial chains, restaurant and food chains, fashion and lifestyle brands, electronics and consumer product brands, and other commercially established business entities. Participants must have at least three years of documented business operations and a presence in at least two Pakistani cities through branch offices, franchises, company-owned outlets, regional offices or commercial facilities.
Applicants must demonstrate financial soundness through audited financial statements for the last three years, annual accounts, corporate financial reports or a bank certificate. An affidavit must confirm that the bidder has not been blacklisted by any government department, autonomous body, regulatory authority or public sector organization.
Interested participants must submit a company registration certificate, NTN certificate, active taxpayer certificate, authority letter or nomination of an authorized representative, evidence of operations in multiple cities, an affidavit of non-blacklisting and bid security of Rs. 1,000,000. The security must be furnished through a call deposit receipt, pay order, demand draft or banker's cheque drawn in favour of WASA Multan. Original documents must be produced at registration, and only registered and eligible participants may take part in the auction.
The auction will take place on 25 November 2026 in the Committee Room, WASA Head Office, Shamsabad, Multan. Registration will run from 10:00 AM to 11:00 AM, and the auction will begin at 11:30 AM sharp. Bidding will commence at the reserve monthly rent of Rs. 1,000,000. The highest bid is subject to approval of the competent authority.
The successful bidder must furnish performance security equivalent to three months of the offered rent before executing the lease agreement with WASA Multan. The premises must be used exclusively for lawful commercial activities. The lessee must pay rent and applicable taxes on time, maintain the property in good condition, comply with applicable laws and regulations, and obtain prior written approval from WASA before subletting, transferring or assigning the property.
WASA reserves the right to accept or reject any bid, postpone or cancel the auction, reject the highest bid without assigning a reason, or re-auction the property as deemed appropriate. Further information is available from the Director Engineering, Water and Sanitation Agency (WASA), Multan, on 061-9330013.
Documents, submission and contact
- Auction venue
- Committee Room, WASA Head Office, Shamsabad, Multan
- Phone
- 061-9330013
Published in
Listed from a public newspaper advertisement. Verify dates, fees and submission requirements with Water and Sanitation Agency (WASA), Multan before bidding. Listing PT-1408.