Sale Pre-Leased Ground + 1 Floor Bank in Goregaon West.

Sale Pre-Leased Ground + 1 Floor Bank in Goregaon West.

Goregaon West, Mumbai

Pre-leased commercial bank property available for Sale in Goregaon West. Generating a Rental Income of 8.73 Lacs p.m. with a 34.92 Lacs Deposit. Ground Floor: 1412 sq.ft. carpet area | First Floor: 1355 sq.ft. carpet area. It is a freehold property with ownership of land and structure, and possession is immediate. RCC structure with a modern glass façade elevation and an internal lift connecting both floors. The ground floor has a clear height of 14 feet and the first floor has a height of 10 feet. The premises are currently leased to a nationalised bank for a period of 9 years Starting from 4 April 2024 and ending on 03 April 2033. The current monthly rental is Rs. 8.73 Lacs with an increment of 14% after every 3 years. The security deposit is Rs. 34.92 Lacs with no further escalation. The lessee has the sole discretion to terminate the lease by giving 3 months’ notice. Outgoings include only property tax amounting to Rs. 1.66 Lacs per annum. Electricity and water charges are payable by the bank as per actuals. Since it is a single standalone structure, maintenance is borne by the bank. Sale Price: Rs. 21 Cr (Negotiable) The structure is sold along with conveyance, and the conveyance price is included in the quoted value.