Pre-Leased 3914 sft Shop for Sale in Andheri West.

Pre-Leased 3914 sft Shop for Sale in Andheri West.

Near Versova Telephone Exchange, Andheri West, Mumbai

Pre-leased Ground + 1 Storey Commercial Shop Space available for Sale. Currently leased to an online grocery store with a Rental Income of 16 Lacs. Total built-up area: 3,914 sq.ft., comprising 2039 sq.ft. carpet area on Ground Floor and 1875 sq.ft. area on 1st Floor. Additional 1,100 sq.ft. multi-purpose open space on Ground Floor, with 4 Car Parking Spaces. Property constructed in 2016 on a MAHADA plot, self-developed by group of members. The Lease commenced on 20 Dec 2024 and ends on 19 Dec 2029, with a total lease term of 5 years and a lock-in period of 14 months. The current monthly rental is Rs. 16 Lacs, with an increment clause of 15% after 3 years, and a security deposit of Rs. 57.60 Lacs. Located in Andheri West, Near Versova Telephone Exchange. Sale Price: Rs. 35 Cr. Maintenance: Rs. 34,260 per month Property Tax: Rs. 2.57 Lacs p.a.