6.6 / 10
 Kottawa

Compelling real estate investment opportunities with immediate returns and the potential for substantial future growth.

Key Business Facts
Yearly Sales USD 24 thousand
EBIDTA Margin 40 %
Industries Office Space
Locations  Kottawa
Business Overview
Prime commercial building:
* 4-storey building, spanning 8,000 sqft (2,000*4), 13 perches Land, Located in Kottawa Town.
* Currently leased to an overseas software company with a monthly rental income of LKR 610,000 (with a 15% annual rent increment) and total future rental income for the agreement period is LKR 70 million.
* Building valued at LKR 120 million, however, selling at LKR 97.5 million.
* Existing corporate tenant willing to extend the lease beyond the agreement period.
* Current agreement period is for another 8 years so the buyer is assured of an inflow of LKR 70 million.
* Very high profit margin on the rental income as any minor maintenance expenses are borne by the tenant and all the security, and cleaning staff are employed by the tenant, the software company.
Products & Services Overview
Commercial building that offers office space to companies in Kottawa town.
Capitalization Overview
- No loans in the name of the land and building. - The ownership of the building lies with an individual.
Assets Overview
Tangible assets include: - 13 perches of land. - 4-storey building with a built-up area of 8,000 sq. ft. The total value is LKR 120 million but the owner wants to sell it at a discounted price of LKR 97.5 million.
Full Sale
Asking Price: USD 330 thousand (Native Currency: LKR 97,500,000)
Reason: The owner is looking to migrate.
Includes physical assets worth USD 330 thousand
Interested to connect with advisors
In talks with 1 Investor
Contact Business