Office Space for Sale in Bengaluru, India
Prime commercial property in MG Road with an annual lease of INR 12 crore.
| Established | 30-40 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1.33 million |
| Run Rate Sales | USD 1.33 million |
| EBITDA Margin | 30 - 40 % |
| Industries | Office Space |
| Locations | Bengaluru |
| Local Time | 12:38 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
16.7 million
(Native Currency: INR 1,500,000,000)
Reason: The owner wants to dispose of this property since they are moving abroad.
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Includes physical assets worth
USD
16.7 million
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Business Overview
- The commercial building has a land area of 5,000 sqft and a built-up area of 105,000 sqft, making it a sizable property for office space operations.
- The business currently has 1 tenant who has leased out the entire property to operate and manage a co-working space within the commercial building, handling rent collection from the offices.
- The annual lease paid by the tenant is INR 12 crore and they are on a long-term lease contract of 7 years.
- The location of the commercial building in MG Road, Bangalore, offers strategic advantages for attracting office space tenants due to its prime business district location.
- The business currently has 1 tenant who has leased out the entire property to operate and manage a co-working space within the commercial building, handling rent collection from the offices.
- The annual lease paid by the tenant is INR 12 crore and they are on a long-term lease contract of 7 years.
- The location of the commercial building in MG Road, Bangalore, offers strategic advantages for attracting office space tenants due to its prime business district location.
Products & Services Overview
Commercial property operating as a co-working space with a total built-up area of 105,000 sqft.
Assets Overview
The tangible assets as a part of this sale include the complete property and land with:- Land value being INR 130 crore.
- Building value being around INR 20 crore.
Facilities Overview
- The total land area of the property is 15,000 sq ft.- The built-up area is 105,000 sq ft and spans across 7 floors.
Capitalization Overview
This is a freehold properly with one owner.
Recent Activity
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Earlier than 15 daysManaging Partner, Pune, M&A Advisor connected with the Business
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Earlier than 15 daysFinance Head, Energy And Real Estate, Ahmedabad, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFounder And Principal Strategist, Mumbai, M&A Advisor connected with the Business
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