Rented Commercial Properties for Sale

We are a business center that rents offices. - We have 43 offices to be rented. - Have 120% booking for offices at all times. The company gets more bookings per year for renting out the space than what is available. The space is allotted on a first come first serve basis. - The business only has 3 employees. For all the services, the tenants have to hire their own people. For management of the facility, the company outsources employees. - The business center is made up of 7 big offices that have been merged. - Revenue is generated by charging rent to our tenants. - Sign yearly contracts with our clients with an option to renew the lease. - Business is owned by 1 person and is debt-free.

Presently, our business is involved in property investment. We rent out properties to other tenants. - Our current portfolio includes 2 residential and 1 commercial shop office properties. We are operating a co-working space. - The two residential properties are located in a residential area while the office property is located in the heart of the city. - The first residential property is 1 condominium with 3 bedrooms that has been tenanted. The total area is 1,600 square feet and we receive MYR 1,400/monthly. - The second residential property is 1 double storey end lot terrace house. The area of the property is 2,000 square feet and we receive MYR 3,000/monthly. - The co-working space has a total area of 1,623 square feet that has been partitioned into 7 private units. Usually at least 6 out of these 7 private units are occupied. However, due to the ongoing pandemic, only 2 units are occupied currently. We receive a rental income of around MYR 1000/monthly per unit. - Additionally, our residential tenants have requested for rental concessions temporarily due to the ongoing pandemic. Maintenance and electrical expenses are handled by the tenants for the residential property. - We also handle the maintenance and up-keep, and take care of the electricity and lighting for the co-working space. The co-working space is fully-furnished and air-conditioned with necessary office equipment like printers and office stationery. - We also provide a virtual office address and meeting spaces. Owner is currently based in Singapore.

Our Company owns 2 units (5000 sq ft) of a Reputed Business Park which we have given to a reputed MNC Company on a long term Lease agreement. - It’s a premium & well known Business park available with all required amenities. - As a part of plug & play service, the entire furnishing of the facility which includes furniture, cabins, centralised AC, fit out etc is owned by us and not the tenant. - Revenue Model: Net Rental Income of Rs. 3,00,000 / - (after GST & other charges) with a 5 % yearly escalation. The tenant will continue to run the existing lease agreement and we will transfer the ownership of the property to the new buyer.

Our Company owns 2 units (5000 sq ft) of a Reputed Business Park which we have given to a reputed MNC Company on a long term Lease agreement. - It’s a premium & well known Business park available with all required amenities. - As a part of plug & play service, the entire furnishing of the facility which includes furniture, cabins, centralised AC, fit out etc is owned by us and not the tenant. - Revenue Model: Net Rental Income of Rs. 3,00,000 / - (after GST & other charges) with a 5 % yearly escalation. The tenant will continue to run the existing lease agreement and we will transfer the ownership of the property to the new buyer.

Total area of the land is14,000 sq ft and built up area is around 8400 sq ft. - Building has a warehouse of 8,400 sq ft, 4 offices of 2,300 sq ft each, 2 halls of 850 sq ft each. - Remaining 5,600 sq ft is left for parking. - Currently have 60 to 70% occupancy rate and receiving a monthly rent of Rs. 1.25 lakhs. - Construction was completed 8 months ago. - Property is located on a 14 meter wide road in Junagadh, Gujarat. - New buyer can either continue with existing tenants or get new tenants once the existing rent agreement expires.