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  • Preleased Bank

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    Printronics Computer Services
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    This document summarizes an investment opportunity for a preleased retail space occupied by a private bank in Mumbai, India. The 1130 square foot ground floor space has over 9 years remaining on its lease and generates monthly rent of Rs. 259900 with annual escalations of 5%. The deposit from the tenant is Rs. 1500000 and annual maintenance fees are Rs. 30 per square foot. The property is located in the Kanakia Zillion building in BKC, Mumbai and is being offered for sale at Rs. 7.91 crore with potential annual yields of around 3.43%. Contact details are provided for further information.

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    This document summarizes an investment opportunity for a preleased retail space occupied by a private bank in Mumbai, India. The 1130 square foot ground floor space has over 9 years remaining on its lease and generates monthly rent of Rs. 259900 with annual escalations of 5%. The deposit from the tenant is Rs. 1500000 and annual maintenance fees are Rs. 30 per square foot. The property is located in the Kanakia Zillion building in BKC, Mumbai and is being offered for sale at Rs. 7.91 crore with potential annual yields of around 3.43%. Contact details are provided for further information.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    4 views8 pages

    Preleased Bank

    Uploaded by

    Printronics Computer Services
    This document summarizes an investment opportunity for a preleased retail space occupied by a private bank in Mumbai, India. The 1130 square foot ground floor space has over 9 years remaining on its lease and generates monthly rent of Rs. 259900 with annual escalations of 5%. The deposit from the tenant is Rs. 1500000 and annual maintenance fees are Rs. 30 per square foot. The property is located in the Kanakia Zillion building in BKC, Mumbai and is being offered for sale at Rs. 7.91 crore with potential annual yields of around 3.43%. Contact details are provided for further information.

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    © All Rights Reserved
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    of 8

    PRELEASED

    INVESTMENT
    OPPORTUNITIES
    BY Aygate Assets Mumbai
    Leased by top Brand Private
    Bank
    Preleased Retail Private Bank
    (Big Brand)
    • PROPERTY DETAILS AND FINANCIALS
    a) Area – 1130 sqft carpet area, Frontage 25ft, Height 14ft
    b) Location – Ground Floor at Annex BKC Kanakia Zillion Kapadia Nagar,LBS
    road Kurla BKC Mumbai, Maharashtra 400070
    c) Lease Tenure – 9Years Remaining and Rent – Rs 259900.00 pm as minimum
    guaranteed rent.
    d) Rent Escalation – 5% every years
    e) Deposit – Rs 1500000 Approx. Equal to 6 Months Rent
    f) CAM and Property Maintenance Charges – Rs -30.00 PSF on carpet PM
    g) Price – RS. 7.91 Cr. Negotiable
    About Kanaki Zillion

    Building Information

    Building Name: Kanakia Zillion


    Micro market: SBD BKC Locality: Kurla (West)
    City: Mumbai
    Address: Lal Bahadur Shastri Marg, CST Road Junction
    Year of Construction: 2015 Ownership Structure: Strata
    Number of Stories: 6
    Typical Floor Area: 80,000 sqft
    Total Development Area: 570,000 sqft
    Parking Ratio: 1:1200
    Power Backup: Available
    Air Conditioning: Central
    Floor Description: 2B + G + 5
    Preleased Retail Private Bank– Site
    map
    Private Bank on Lease at Kanakia
    Zillion
    Escalation 5% after every year
    Yearly Rent Amount 3118800
    Taxes & Maint Rs30 /sqft
    Average net Rent pm 226000
    Deposit 1559400
    Yield 3.43%
    Price 79000000
    Muncipal Taxes and
    Yearly Rent Amount Area (B) Rent PA (C) Net Rent ( E )
    Maintenance yearly ( D )
    1 1130 31,18,800 406800 27,12,000
    2 1130 32,74,740 406800 28,67,940
    3 1130 34,38,477 406800 30,31,677
    4 1130 36,10,400 406800 32,03,600
    5 1130 37,90,921 406800 33,84,121
    6 1130 39,80,466 406800 35,73,666
    7 1130 41,79,490 406800 37,72,690
    8 1130 43,88,464 406800 39,81,664
    9 1130 46,07,888 406800 42,01,088
    • For any details contact us at
    9702404173/9702000166 or
    sourabhchauhan@aygateassets.in.
    Thank you

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