Property ID: 11942

Bank Auction Pre Leased Bank for Sale in Bandra West, SV Rd.

BANK AUCTION PRE LEASE BANK FOR SALE

Carpet area : 2669 SQ FT
Built Up area : 2817 SQ FT
Saleable area : 3600 SQ FT

Monthly rent Rs 7 LAKHS net (After Taxes & Maintenance charges)
which is Deposited in Court was earlier taken by Bank till Year 2018,
Lease Agreement expiry payment is Deposited with the Court.
The Pre Lease property is on the Main Street on SV Road, next to Siddharth Hotel.
The Premise is Located on the Main Road close to Bandra Station.
The Premises is Occupied as a Full Fledged Branch of a Public Sector Bank & has Occupied the premises for approx 20 Years.
The Bank will Extend the Lease for a Futher 15 Years at Rs. 7 Lakhs per month with Increment of 15% after every 5 years.
The Buyer Needs to give 3 months notice to the Bank to Vacate the Premises if not satisfied with the Terms and Conditions


Total Cost Rs 16.25 Crore plus stamp duty and registration charges.

THE MARKET VALUE IS MORE RS 30 / 32 CRORE.

       

₹ 16.25 Cr
₹ 1 / per
For Sale
Distress Sale Commercial Shop / Showroom / Space For Sale at near Siddharth Hotel, SV Road, Bandra West, Mumbai
Super Builtup Area3600 Sq-ft
Carpet Area2669 Sq-ft
FloorGround

Amenities



Overview

BANK AUCTION PRE LEASE BANK FOR SALE

Carpet area : 2669 SQ FT
Built Up area : 2817 SQ FT
Saleable area : 3600 SQ FT

Monthly rent Rs 7 LAKHS net (After Taxes & Maintenance charges)
which is Deposited in Court was earlier taken by Bank till Year 2018,
Lease Agreement expiry payment is Deposited with the Court.
The Pre Lease property is on the Main Street on SV Road, next to Siddharth Hotel.
The Premise is Located on the Main Road close to Bandra Station.
The Premises is Occupied as a Full Fledged Branch of a Public Sector Bank & has Occupied the premises for approx 20 Years.
The Bank will Extend the Lease for a Futher 15 Years at Rs. 7 Lakhs per month with Increment of 15% after every 5 years.
The Buyer Needs to give 3 months notice to the Bank to Vacate the Premises if not satisfied with the Terms and Conditions


Total Cost Rs 16.25 Crore plus stamp duty and registration charges.

THE MARKET VALUE IS MORE RS 30 / 32 CRORE.
Suitable Forpre leased bank, Pre Lease, Pre Leased, Pre Leased Sale

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