Ukreximbank branch in central Cherkasy, 1,265 m²
≈$531,000 excl. VAT — vault, security systems and 320 items of equipment, ready to use

Procedure	Sale of assets by a state-controlled company (basicSell, English auction, Cabinet Resolution No. 1032 of 2023), first round; one bidder is sufficient
Seller	JSC State Export-Import Bank of Ukraine (Ukreximbank), 100% state-owned
Address	288 Hoholia St, Cherkasy, city centre (Prydniprovskyi district)
What is sold	Bank premises attached to a multi-storey residential building, 1,264.8 m² (main area 440.2 m², ancillary 450.3 m²; two floors and a basement; ceiling heights 2.4/3.2 m) plus 320 movable items
Building and services	Brick walls, reinforced-concrete floors; electricity, water, sewerage, district heating (metered); air conditioning and ventilation; intruder and fire alarms, CCTV, access control; vault
Condition	"Satisfactory, fit for use, minor cosmetic repairs needed" (bank's description)
Starting price	UAH 24,054,055 excluding VAT (real estate UAH 23,455,000 + movables UAH 599,055); ≈$530,800, ≈$636,900 with 20% VAT (UAH 45.32/$)
Deposit / bid step	10%, UAH 2,405,406 (≈$53,100) / 1%, UAH 240,541
Encumbrances / tenants	None / none
Deadline / auction	1 Dec 2026, ≈20:00 Kyiv time / 2 Dec 2026
Viewing	Business days 10:00–16:00 by appointment

The seller is the fully state-owned Ukreximbank. The premises have been the bank's own branch since 2005; this is not repossessed collateral. Under Cabinet Resolution No. 1032, Ukraine's state banks have been auctioning surplus branch properties as they restructure their networks. On 2 November 2026 Ukreximbank listed five branches at once: Cherkasy, Sumy, Ternopil, Uzhhorod and Izmail.

A self-contained two-storey annex beside a residential tower, with its own street entrance, a staff entrance from the yard and parking in front. Inside: banking hall, open-plan office, a dozen private offices, meeting rooms, a vault and basement technical and storage space. The fit-out is a recent standard bank branch. A new owner could open with new signage and light refurbishment.

Cherkasy is a regional capital in central Ukraine on the right bank of the Dnipro (Kremenchuk Reservoir), with about 270,000 pre-war residents, rail and road links and a river port. It is far from the eastern and southern front lines, although air strikes remain possible anywhere in Ukraine. The branch sits in the city centre next to the Central Market and the city's largest department store, with a bus stop and parking at the door.

We reviewed all Ukreximbank branch sales on Prozorro in 2026 (prices per m², excluding VAT):

City	Size	Outcome	Per m²
Mukachevo, Kamianets-Podilskyi, Brody, Chornomorsk etc.	110–300 m²	Sold with 2–4 bidders	UAH 27,000–42,000
Kryvyi Rih (Mar 2026)	2,067.9 m²	Sold to one bidder, UAH 38.49m	≈UAH 18,600
Izmail	2,066.6 m²	Three failed rounds, then cut ≈17%; at auction	UAH 16,000 → 13,300
Sumy (listed same day)	1,073.3 m²	At auction	≈UAH 11,100
Ternopil, Uzhhorod (listed same day)	2,027–2,366 m²	At auction	≈UAH 31,100–31,300
Cherkasy (this lot)	1,264.8 m²	At auction	≈UAH 19,018 (≈$420)

Small branches in western cities attract competition; branches above 1,000 m² draw few bidders, usually none or one. Cherkasy is priced in line with the comparable Kryvyi Rih sale, below the western listings, and in a safer location than Sumy (near the front) or Izmail (border). Verdict: fairly priced rather than a bargain, but good value — fully equipped, clean title and usable immediately. If no one bids, the bank may relist at a lower price (Izmail was cut by about 17%), but a well-located branch may simply be taken in the first round.

Use	Verdict	Why
Bank, credit union, insurer, currency exchange	Best	Vault, counters and security in place; almost no conversion
Private clinic, dental or diagnostic centre	Good	Own entrance, many rooms; medical-standard services upgrades needed
Law, notary, accounting firm; business service centre	Good	City-centre office layout
School, training or language centre	Possible	Open-plan and private rooms
Ground-floor retail + offices above	Possible	Street frontage near the Central Market
Restaurant, bar, housing	Not advised	Residents above; extraction and noise issues; change of use needed for housing

Buyer	Fit	Why
Financial institution needing a Cherkasy branch	Best	Move straight in
Medical, education, professional services	Good	Central, own entrance, flexible layout
Rental investor (local or international)	Possible	Let whole to an institution or split by floor; price in wartime vacancy

Investing $100,000+ through a Ukrainian company with foreign capital and using the property for a genuine business may support an application for an immigration permit, but permits are subject to an annual quota and approval is not guaranteed.

• Confirm the result in writing within 4 business days; sign the purchase agreement within 20 business days at one of the bank's partner notaries;
• Pay in full within 5 business days of signing, to the bank's transit account; title is registered only after full payment; late payment terminates the agreement and forfeits the deposit;
• After handover, sign utility contracts promptly and reimburse the bank for any utilities used before that;
• Notary, registration and platform fees are paid by the buyer;
• The bank may cancel the auction or refuse to sign at any stage before signing;
• Foreign companies may bid with apostilled/legalised and translated corporate documents.

1. Book a viewing and check the equipment list and the vault;
2. Have a lawyer review the standard contract, title documents and the rights to common parts of the building;
3. Have the full price plus VAT ready (payable within 5 business days of signing);
4. Cost your fit-out and set a maximum bid.

Bidding requires a Ukrainian tax number and bank account; most foreign buyers use a Ukrainian company. We can support due diligence and bidding (due-diligence fee 1% of the starting price above $100,000; auction support 1% and closing 1% of the final price), delivered by our auction-services partner ТОВ «ЛЕНД ЕНД ЕКСПАТ» (Luqiao). AU139 never handles transaction funds.

Also in English: Odesa office campus, 3 Transportna St · Ukraine regions guide