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Distressed 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.
- 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.
8.8   Shimla , Himachal Pradesh
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Full Sale
USD 8 million
Contact Business
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