Profitable Warehousing Business for Sale in Gwalior, India
This is a newly constructed warehouse. We have entered into an agreement with 2 government entities - Food Corporation of India and State Warehousing Corporation. The income is guaranteed for the next 10 years from these 2 government clients. . Monthly rent that we receive from this warehouse is Rs. 12.35 Lakh fixed per month for next 8 years.
The warehouse is very strategically located. Its one of the biggest markets in the state. There will be robust demand of warehouse and storage facilities. The rent will be easily doubled when the contract is renewed. There is enough vacant area to further expand the warehouse or any other project in future.
The debt taken is a bank loan for the construction of the warehouse. Real Estate figure updated includes the market value of land & building.
Agri commodity storage services.
2 weeks agoIndependent Advisor, Mumbai, Financial Consultant connected with this business
Earlier than 15 daysAssistant Company Secretary, Newsprint, New Delhi, Corporate Investor / Buyer connected with this business
Earlier than 15 daysDirector, Technology & Leasing, Mumbai, Corporate Investor / Buyer connected with this business