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Office Space Assets for Rent in Kangayam, India

First-floor commercial space available for lease on Kangeyam's prime highway with excellent visibility and accessibility.

Ownership Duration 0-1 year(s)
Industries Office Space
Locations  Kangayam
Local Time 12:08 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Monthly Rent
Asking Price: USD 220 (Native Currency: INR 21,000)
Reason: The owner wants to rent out the newly constructed first floor, which was specifically built for comm... View More
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Assets Description
- Commercial first-floor space available for lease in a newly constructed municipality-approved building on the Karur–Coimbatore National Highway in Kangeyam.
- Offers approximately 1,000 sq. ft. of carpet area, suitable for banks, NBFCs, accounting firms, professional offices, and other commercial establishments.
- Strategically located on a prime main-road commercial stretch with excellent visibility and accessibility.
- The ground floor is already leased to a popular two-wheeler showroom, contributing to consistent footfall and commercial activity.
- The property is owned by a single owner, is free from outstanding loans, and is maintained with the support of two employees.
- Provides parking space for up to 10 two-wheelers, enhancing convenience for staff and visitors.
- Lease terms include a security deposit equivalent to six months' rent, an initial five-year lease extendable thereafter, a one-year lock-in period, and a 6% annual rental escalation.
- Property is ready for immediate occupancy, making it suitable for businesses seeking a well-located commercial office space.
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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