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Office Space for Sale in Parassinikadavu, India

Prime multipurpose commercial property with new warehouse: 15.5 cents land, 3,000 sq. ft. built-up.

Established 10-20 year(s)
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Commercial Real Estate + 1 more
Locations  Parassinikadavu
Local Time 7:56 AM Asia / Dubai
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 150 thousand (Native Currency: INR 13,000,000)
Reason: The promoter is currently settled in Dubai and is unable to manage the property or initiate business... View More
Includes physical assets worth USD 150 thousand
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Business Overview
- Commercial property suitable for office space, software services, IT firms, automobile or garment manufacturing, and service stations.
- Property situated in the Andoor Industrial Development Plot (IDP).
- Previously rented to an engineering fabrication unit producing construction machinery, generating INR 28,000/month in rental income.
- A warehouse has been newly constructed on-site, adding to utility and leasing potential.
- Location and layout support diverse industrial or commercial uses, including light manufacturing or service-based operations.
- Any new business operations will require necessary approvals at the time of setup.
Products & Services Overview
Commercial property suitable for office space for software services, IT companies, automobile and garment manufacturing units, or service stations.
Assets Overview
Tangible assets:
- Land - INR 1 crore.
- Building and infrastructure - INR 30 lakh.
Facilities Overview
- Owned facility.
- Total land area - 15.5 cents.
- Built-up area - 3,000 sq ft.
- Office building (B+G) - 2,000 sq ft.
- Warehouse - 1,000 sq ft.
- Facility situated in the Andoor Industrial Development Plot (IDP).
- Location offers unparalleled advantages, being closely situated near the Government Engineering College and the National Institute of Fashion Technology (NIFT).
Capitalization Overview
The property is freehold, privately owned by the promoter, and not owned by a company.
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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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