Property Description
This listing offers a commercial property for sale in Kemps Corner consisting of two preleased shops. The first shop has a carpet area of 500 and is available at a price of 7 crore negotiable with a 3.5 lakh monthly rent and 10 lakh deposit. The second shop has a carpet area of 400 and is priced at 5.5 crore negotiable, with a 2.5 lakh monthly rent and 6 months deposit. Both shops provide an opportunity for company takeover and come with payment terms possible and 18 months lock-in for the first shop.
Property Details
- Located in Kemps Corner with two shops available for sale
- First shop has 500 carpet area and the second has 400 carpet area
- First shop rent is Rs.3.5 lakh per month with Rs.10 lakh deposit and 18 months lock-in period
- Second shop rent is Rs.2.5 lakh per month with 6 months deposit
- ROI is approximately 6% for both shops
- Payment terms possible for purchase
- Company takeover possible with no stamp duty
For further details and site visits, you can enquire through AV Properties.
