Listing Details : LB-13280

Asking Price 19 Crs
Turnover N.A
Legal Entity Private Limited
Category Real Estate
Sub Category Commercial Pre-Leased
Business Listed By Representative

Overview

A Pre-Rented Commercial shop spanning 6235 sqft is up for sale, hosting a reputable retail brand from Southeast Asia is available for Sale. The premises is in a good Mall on the second floor. The tenant has completed the fit-out. The security deposit is set at 4 months, with a 9-year lease term and a 3-year lock-in period, starting from August 2023. Escalation rates increase by 15% every 3 years. This investment opportunity offers a stable rental income stream with a well-established tenant and favorable lease terms.

Year of Establishment

2023

No. of Employees

2

Current Status of Business

Running

Business Relocatable

No

Property Type

Leased

Rental per Month

8.7 Lacs

Describe Property

N.A

Competition / Market

Yes we have some competition

Products & Services

The tenant has completed the fit-out. The security deposit is set at 4 months, with a 9-year lease term and a 3-year lock-in period, starting from August 2023. Escalation rates increase by 15% every 3 years.

Growth Potential

Growth rate is high

Reason For Sale

Personal Reason

Financial Details

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