Overview
A pre-leased commercial property in Mumbai is available for sale. The property is given to a bank for office work on the monthly rent of Rs. 7.45 Lakhs. It has car parking area for 5 cars, built up area of 488 sq.mt. and covered area of 3783 sq.ft. The lease was started in Oct, 2018 for five years till Oct, 2023 with the same lock'in period. The rent escalation on the property is 5% every year. The tax & maintenance expenses are being paid mutually between the owner and the tenant. The security deposit taken from the bank is Rs. 60 Lakhs and the rate of interest is 8.6% annually on it.
Owned Real Estate Commercial Pre-Leased
Business Details
2018
Year of Establishment
0
No. of Employees
Running Profitable
Current Status of Business
NoBusiness Relocatable
OwnedProperty Type
N.A Property Value
N.A Property Classification
Describe Property
. It has car parking area for 5 cars, built up area of 488 sq.mt. and covered area of 3783 sq.ft.
Competition / Market
NA
Products & Services
A pre-leased commercial property in Mumbai is available for sale. The property is given to a bank for office work on the monthly rent of Rs. 7.45 Lakhs. It has car parking area for 5 cars, built up area of 488 sq.mt. and covered area of 3783 sq.ft. The lease was started in Oct, 2018 for five years till Oct, 2023 with the same lock'in period. The rent escalation on the property is 5% every year. The tax & maintenance expenses are being paid mutually between the owner and the tenant. The security deposit taken from the bank is Rs. 60 Lakhs and the rate of interest is 8.6% annually on it.
Growth Potential
yes there is growth potential in the business
Reason For Sale
We are interested to purchase new property.
Financial Details
EBITDA :-
N.A
PAT :-
N.A
Debt :-
N.A
How the Acquisition Process Works
- 01Contact SellerContact Seller
- 02Teaser/Information MemorandumTeaser/Information Memorandum
- 03Valuation ReportValuation Report
- 04FinancialsFinancials
- 05Schedule an Advisory MeetingBook Your Consultation