Showroom and Shop for Sale in Shimla, India
Commercial Complex / Showroom of 11500 sqft with 30 lakh / month rent in Shimla looking for full sale.
This transaction has concluded.
Premium Plan
| Established | 10-20 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Showrooms |
| Locations | Shimla |
| Local Time | 10:44 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
5.9 million
(Native Currency: INR 500,000,000)
Reason: Owner wants to retire, moving to Delhi NCR / Dubai.
Includes physical assets worth
USD
5.9 million
Business Overview
- Total commercial area is around 11500 sq ft with GF ( ground floor, FF ( first floor, SF ( second floor ) cum Attic Options.
- Ground Floor – Rented to Shimla’s Oldest and Prominent Garment Store / Restaurant for 21 years long term lease – 3000 sqft Area.
- First Floor leased to KFC & Pizza Hut for 21 years long term lease – 4500 sqft Area ( Rented Value = 20 lacs per month for GF and FF combined )
- Second Floor cum Attic [Top floor ( Currently Vacant ) 4000 sq ft ( Rental Value 5 lacs per month – Offer in Hand by current GF Tenant )
- Total Rental value = 30 Lacs per month with taxes.
- Located in Shimla’s prime Mall Road Area, nearby famous point called – Lift, busy with local and tourist shoppers through out the day.
- Mall Road is the main street in Shimla, the capital city of Himachal Pradesh, India. Constructed during British colonial rule, the Mall road is located a level below the ridge.
- Mall road has a number of showrooms, department stores, shops, restaurants and cafes.
- Attractions: Showrooms, Cafes, Restaurant, Bakers, Scandal Point, Gaiety Theater, Kali Bari Temple, Town Hall.
- High traffic area of locals and tourists.
- Meetings can be done in Delhi NCR, Chandigarh or at Shimla.
- Ground Floor – Rented to Shimla’s Oldest and Prominent Garment Store / Restaurant for 21 years long term lease – 3000 sqft Area.
- First Floor leased to KFC & Pizza Hut for 21 years long term lease – 4500 sqft Area ( Rented Value = 20 lacs per month for GF and FF combined )
- Second Floor cum Attic [Top floor ( Currently Vacant ) 4000 sq ft ( Rental Value 5 lacs per month – Offer in Hand by current GF Tenant )
- Total Rental value = 30 Lacs per month with taxes.
- Located in Shimla’s prime Mall Road Area, nearby famous point called – Lift, busy with local and tourist shoppers through out the day.
- Mall Road is the main street in Shimla, the capital city of Himachal Pradesh, India. Constructed during British colonial rule, the Mall road is located a level below the ridge.
- Mall road has a number of showrooms, department stores, shops, restaurants and cafes.
- Attractions: Showrooms, Cafes, Restaurant, Bakers, Scandal Point, Gaiety Theater, Kali Bari Temple, Town Hall.
- High traffic area of locals and tourists.
- Meetings can be done in Delhi NCR, Chandigarh or at Shimla.
Products & Services Overview
- Good TripAdvisor Review of Mall Road Shimla.- Daily direct flights to Shimla from Delhi are available. Flying time is 45 minutes.
- Shimla is connected by road from Chandigarh ( 124 Kms, from Kalka ( 110 Kms ) and from Delhi ( 385 Kms. The drive from Delhi to Shimla takes approximately 8 hours and from Chandigarh to Shimla, approximately 3 hours.
Fast trains run daily from Delhi to Chandigarh and Kalka. From Kalka, train connections on a quaint narrow gauge railway, built in 1903, are available upto Shimla. The travel time is approximately 4 hours. There are number of trains to Chandigarh and Kalka.
Facilities Overview
Total = 11500sqft high traffic - premium area on Mall Road, Shimla. Ground Floor = 3000sqft, First Floor = 4500sqft, Second Floor / Attic = 4000 sqft. Complete Building with long term leased / rented ROI. prime real estate option.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysClient Acquisition Manager, Bangalore, Financial Advisor connected with the Business
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Earlier than 15 daysPrincipal, Real Estate, Ahmedabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Kolkata, Financial Advisor connected with the Business
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