Verified

A Running Mall is Available For Sale

Visakhapatnam, Andhra Pradesh, India

Real Estate

Asking Price
800 Crs

Category
Real Estate

Turnover
90 Crs

Sub Category
Commercial Pre-Leased

Legal Entity
Society/Trust

Business Listed By
Representative

A Successfully Profitable Running Mall is Available for Sale. Our Mall is one of the Commercial developments with mega Infrastructures is spread across an area of 10.32 acres of Land. Out of this the Mall has Built up Area and Development of Mall across 3.4 Acres. Revenue Generated from Leased of 85% of the Mall Infrastructure and 14 Screen Multiplex is Rs 5 Crs per month. Also Hyper Market with features-Valet parking, 14 screen multiplex, Double Height, basement parking, Entertainment, gaming zone and many more. The Mall Infrastructure has 7 Floor Spread into 68 Unit. The Mall offers commercial shops at very competitive and affordable price. The site is well connected by different modes of transportation and is in close proximity of various civic utilities. The Mall is well equipped with all modern amenities and 24 x 7 security service to facilitate the business needs. The Mall has Facility of Electrification with 3 nos of 2500 KVA transformer with 100% power back up with auto transfer Arrangement. The Mall has Existing Brands Such as Nike, Adidas, Lee Cooper, Calvin Klein, Domino's Pizza, Inox- live the movie, AFC- Avery Fitness

Year of Establishment

2017

No. of Employees

350

Current Status of Business

Running Profitable

Business Relocatable

Yes

Property Type

Owned

Property Value

600 Crs

Property Classification

N.A

Describe Property

Infrastructures is Situated across an Area of 10.32 acres of Land and The Mall has 3 Levels Retail in such a way 89,000 sq ft- Area, 75,000 sq ft- Anchor Shops, 77,000 sq ft- Hyper Market with features -Bore well,Glass facades,Valet parking,8 screen multiplex,Double Height, basement parking,Entertainment, gaming zone and many more. The Mall Infrastructure in manner of 1 Tower with 7 th Floor Spread into 68 Unit. Assets Including Land and Infrastructure.

Competition / Market

Yes, Competition is there.

Products & Services

Central Inox Trends Reliance Jewel Shoe store Style union Barbeque Nation Hamleys Buster

Growth Potential

The retail market size is expected to touch USD 2 trillion by 2032, growing from USD 690 billion in 2021, facilitating the organised retail sector to grow at 25 per cent CAGR,

Financial Details

EBITDA N.A

PAT N.A

Debt N.A

Reason For Sale

Looking for Alternatives sites.

Business Documents

Teaser/Information Memorandum

Valuation Report

Financials

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