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Property Description
This listing features 2 preleased commercial shops available for sale in Borivli West. The shops are situated on the ground floor and have a combined lease agreement valid for 15 years with a premium paint brand. Shop No. 7 covers 627 sqft, and Shop No. 10 covers 641 sqft each, both enjoying road frontage and high visibility.
Property Details
- Located on the ground floor in a commercial building with OC received
- Each shop comes with 1 reserved parking space
- Lease agreement is for 15 years with a lock-in period of 24 months, starting 01/03/2024
- Rent per month is Rs. 2.13 lakhs for Shop No. 7 and Rs. 2.18 lakhs for Shop No. 10 with 15% increment every 3 years
- Shops are merged from multiple units on the ground floor, providing a wide frontage and high visibility
The sale price is Rs. 5.52 Cr for Shop No. 7 and Rs. 5.64 Cr for Shop No. 10, at a rate of Rs. 88000 per sqft non-negotiable. For site visit or more details, contact AV Properties.
Frequently Asked Questions
The sale price for one of the preleased shops in Borivli West is Rs.5.52 crore with a per sqft rate of Rs.88,000.