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Office Space Assets for Sale in Bangalore, India

Top-floor of multi-story office building with a long-term tenant: has a significant upside next year.
This Business is on a Premium Plan
Ownership Duration 1-5 year(s)
Industries Office Space
Locations  Bangalore
Local Time 7:15 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Asset Sale
Asking Price: USD 2.9 million (Native Currency: INR 245,000,000)
Reason: The owner is looking to re-invest in healthcare technology and other new business opportunities.
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Assets Description
- The eighth floor of the building is the property of the promoter and does not have any debts or liabilities.
-18,125 square feet of the built-up area is leased to a prestigious all-India finance company.
- Lease details: The lease period has recently started and is valid for 5 years and the lock-in period is 3 years.
- We receive monthly rent of INR 11.39 lakh plus GST; a significant upside after the lock-in period (at least a 25% jump in rental income)
- 8,130 square feet of undivided share in the land.
- There are 14 dedicated parking slots.
- The selling price includes completed interiors, civil works, and immovable office fittings/ furniture.
- The lease agreement will be transferred to the buyer.
- The assets are valued at INR 31 crore and are being offered and is discounted price of INR 24.5 crore.
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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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