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Office Space for Sale in Bangalore, India

For Sale: Co-working facility of 54,066 sq ft with 100% occupancy on Richmond Road, Bangalore.
This transaction has concluded.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 600 thousand
Run Rate Sales USD 600 thousand
EBITDA Margin 30 %
Industries Office Space
Locations  Bangalore
Local Time 8:48 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 8 million (Native Currency: INR 646,088,000)
Reason: We have multiple businesses to look after.
Includes physical assets worth USD 8 million
Documents
Business Overview

- Building was constructed in 2008 and we bought the building in 2012.

- Facility is fully furnished with back up generator and parking for upto 65 cars.

- Property is located on the main road close to colleges and other tech parks.

- Bus stand is located 150 m from the facility.

- The building consists of a basement, 1st floor, 2nd floor, 3rd floor and terrace with cafeteria.

- Total built up area is 54,066 sq ft with plot area of 18,250 sq ft.

- We have 100% occupancy at the monent and some of our tenants are Collabera, Ilantus, Naseba, Integra.

- Rental yield is around 8%

Products & Services Overview

Co-working space.

Facilities Overview

Company owned 54,066 sq ft space.

Capitalization Overview
Not Disclosed
Recent Activity
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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