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Property Description
This is a petrol pump with an adjoining restaurant available for sale in Churchgate, South Mumbai. The property covers a total plot size of 5000 sqft and has an active tie-up with HPCL under a 99-year lease agreement valid till 2045 plus 33 years extension. The petrol pump generates multiple streams of revenue including petrol, diesel, and CNG sales along with rental income from the restaurant and garage.
Property Details
- The total petrol and diesel sales volume is approximately 250 KL per month.
- The restaurant space occupies part of the 5000 sqft area, generating a monthly rental income of Rs. 4.5 lakh.
- The garage area contributes Rs. 2 lakh monthly rental income.
- Anchored with HPCL via a long-term lease agreement valid till 2045 plus 33 years extension for land use.
- Total monthly revenue generated by the petrol pump, restaurant, and garage is approximately Rs. 14 lakh.
The owner is demanding Rs. 12.5 crore for this commercial property. For any site visits or more details, please contact AV Properties.
Frequently Asked Questions
The asking price for the petrol pump in Churchgate is Rs. 12.5 crore.