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    Showroom and Shop for Sale in Shimla, India

    Commercial Complex / Showroom of 11500 sqft with 30 lakh / month rent in Shimla looking for full sale.
    This transaction has concluded.
    This Business is on a Premium Plan
    Established 10-20 year(s)
    Employees < 2
    Legal Entity Sole Proprietorship/Sole Trader
    Reported Sales Nil
    Run Rate Sales Nil
    EBITDA Margin Nil
    Industries Showrooms
    Locations  Shimla
    Local Time 9:47 AM Asia / Kolkata
    Listed By Advisor / Business Broker
    Status Active
    Overall Rating
    7.4 / 10
    Compare with industry
    Full Sale
    Asking Price: USD 6 million (Native Currency: INR 500,000,000)
    Reason: Owner wants to retire, moving to Delhi NCR / Dubai.
    Includes physical assets worth USD 6 million
    Business Overview

    - Total commercial area is around 11500 sq ft with GF ( ground floor, FF ( first floor, SF ( second floor ) cum Attic Options.

    - Ground Floor – Rented to Shimla’s Oldest and Prominent Garment Store / Restaurant for 21 years long term lease – 3000 sqft Area.

    - First Floor leased to KFC & Pizza Hut for 21 years long term lease – 4500 sqft Area ( Rented Value = 20 lacs per month for GF and FF combined )

    - Second Floor cum Attic [Top floor ( Currently Vacant ) 4000 sq ft ( Rental Value 5 lacs per month – Offer in Hand by current GF Tenant )

    - Total Rental value = 30 Lacs per month with taxes.

    - Located in Shimla’s prime Mall Road Area, nearby famous point called – Lift, busy with local and tourist shoppers through out the day.

    - Mall Road is the main street in Shimla, the capital city of Himachal Pradesh, India. Constructed during British colonial rule, the Mall road is located a level below the ridge.

    - Mall road has a number of showrooms, department stores, shops, restaurants and cafes.

    - Attractions: Showrooms, Cafes, Restaurant, Bakers, Scandal Point, Gaiety Theater, Kali Bari Temple, Town Hall.

    - High traffic area of locals and tourists.

    - Meetings can be done in Delhi NCR, Chandigarh or at Shimla.

    Products & Services Overview

    - Good TripAdvisor Review of Mall Road Shimla.

    - Daily direct flights to Shimla from Delhi are available. Flying time is 45 minutes.

    - Shimla is connected by road from Chandigarh ( 124 Kms, from Kalka ( 110 Kms ) and from Delhi ( 385 Kms. The drive from Delhi to Shimla takes approximately 8 hours and from Chandigarh to Shimla, approximately 3 hours.

    Fast trains run daily from Delhi to Chandigarh and Kalka. From Kalka, train connections on a quaint narrow gauge railway, built in 1903, are available upto Shimla. The travel time is approximately 4 hours. There are number of trains to Chandigarh and Kalka.

    Facilities Overview

    Total = 11500sqft high traffic - premium area on Mall Road, Shimla. Ground Floor = 3000sqft, First Floor = 4500sqft, Second Floor / Attic = 4000 sqft. Complete Building with long term leased / rented ROI. prime real estate option.

    Capitalization Overview
    Not Disclosed
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    Showroom for Sale

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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.
    This transaction has concluded. View similar business opportunities on SMERGERS
    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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