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Rented Commercial Property Assets for Sale in Jaipur, India

For Sale: Preleased 320 square yards of land with building of 12.7k sq ft area.

Ownership Duration 0-1 year(s)
Industries Rented Commercial Properties
Locations  Jaipur
Local Time 7:23 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Asset Sale
Asking Price: USD 1.7 million (Native Currency: INR 144,000,000)
Reason: - The owner wants to sell the land for monetary purpose. - The advisor will charge 1.5% of the tota... View More
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Assets Description

- Preleased land and hotel building with 320 square yards of area and building with built-up area of 12.7k sq ft.

- Hotel building has 4 floors with basement. It has 18 floors with one conference room and a kitchen.

- The land is located 500m away from Jaipur airport.

- The lease agreement is of 9 years with the monthly rent of 6L. The lock in period is of 3 years with an escalation of 15% every 3 years.

- The security deposit is INR 24L for 4 months.

- The land and building are on long lease with all operational government licenses and approvals.

Recent Activity
  • Earlier than 15 days
    Head Of Customer Relationship, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder & CEO, Delhi, Business Broker connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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