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Commercial Land Assets for Sale in Thiruvankulam, India

For sale: Commercial land spread across 8,700 sq. ft. located in Thiruvankulam, Kerala.

Ownership Duration 60-70 year(s)
Industries Commercial Land
Locations  Thiruvankulam
Local Time 8:06 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Asset Sale
Asking Price: USD 500 thousand (Native Currency: INR 40,000,000)
Reason: The owner requires funding and wants to liquidate this asset.
Interested to connect with advisors
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Assets Description

- The owner is seeking to liquidate commercial land spread across 8,700 sq. ft.

- There is a building constructed on the land that has a built-up area of 6,000 sq. ft.

- The ownership of the building and land is possessed by the owner and is a part of this transaction.

- Prospective buyer has the option to break down the building and use the land entirely for commercial activities such as setting up a factory or warehouse.

- The building on the land has two floors. The ground floor is rented out to a bank that pays INR 1.25 lakhs as monthly rent. Rental income will be transferred to the prospective buyer post-purchase. First floor is unused.

- There are multiple shops, residential societies, corporate offices and temples across the land.

- This transaction includes the transfer of ownership of the land and building along with the relevant government documents.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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