Preleased Shop for Sale in Kemps Corner

This property is a preleased commercial shop available for sale in Kemps Corner. It features a carpet area consisting of 200 GRD plus a 200 loft and is located on the main road, providing excellent visibility and accessibility.

Property Details

• The shop is currently leased to a very good brand (multinational company) under a new lease agreement.
• The license period is 5 years with a lock-in period of 3 years.
• The license fee is Rs 1.10 lakhs per month with a 5% yearly escalation.
• Interest-free security deposit equals 3 to 4 months' license fee.
• The lease includes an agreement based on LNL terms, with payment on the 5th of every month in advance.

For more information or site visits, please contact Mr. Parikh. This is an urgent sale offering a 7% ROI. For site visit or more details, contact AV Properties.