| Price Per Unit | |
| Expected Price | 3.25 Crore |
| Super Area | 1061 Sq.Ft. |
| Carpet Area | 758 Sq.Ft. |
| Total Room | 0 |
| Furnishing | UnFurnished |
| Building Name | |
| Builder Name | |
| Description | PRELEASE SHOP FOR SALE IN KOTHRUD A prime shop measuring 1,061 sq. ft. built-up area (758 sq. ft. carpet ? 463 sq. ft. on the ground floor and 295 sq. ft. mezzanine) with one covered underground car parking is available for sale in Kothrud. The shop offers an open frontage of about 15 feet till the footpath and has a ceiling height of 16 ft from ground to mezzanine and 7 ft from mezzanine to ceiling. The property comes with a PMC-sanctioned restaurant plan, making it ideal for F&B or retail ventures. The property is currently offered on a license fee of ?1,50,000/- per month, with electricity and water charges payable by the licensee at actuals. The license period is 3 years starting from 1st June 2025, with a 1-year lock-in. The license fee will escalate by 10% every year, and the security deposit is 4 months? license fee. Either party may terminate the agreement with a 3-month notice. The licensor will bear the property tax (approx. ?45,000/- p.a.) and society charges (approx. ?5,500/- p.m.). With an ROI of 5.5%, this property is an attractive investment opportunity. The quoted price is ?3.25 Crore (negotiable). |