NOTICE is hereby given that the Chargee, The Receiver for National Bank of Anguilla Ltd. and Caribbean Commercial Bank (Anguilla) Limited, shall sell by public auction the property listed below:

Register details: NORTH CENTRAL Block 48613B P318

Located in Waterswamp, the area is rectangular in shape, generally flat and bounded by the public road to the south with an access road to the east.

In addition to the approximately 0.83 acres of land, this property also comprises of a two story commercial building where only the ground floor is currently operational. The ground floor of the building has a gross floor area which is approximately 14,016 sq.ft.

The layout of the ground floor is an open hall with columns and beams along with partitions and roll-up doors to separate the businesses. The businesses that the ground floor currently house are restaurant, church, photo studio, sewing shop and storage. The restaurant and sewing shop has its own bathrooms, while all others use a common two bathroom facilities.

The first floor can be accessed via double glass door, then up a stationary metal escalator. It has a gross floor area of 14,016 sq.ft. and an uncovered external porch with an additional gross area of 2,791 sq.ft.

This area is a large open space area that is constructed with a reinforced concrete, column and beam grid structure with a pitched metal roof that has damages.

Reserve Price: US$2.5 million