Full commercial building Available for sale 

 

Already Rented To Bank Rs-275,000/ Month

 

Covered Area:

Ground           750 sq ft, 

Mezzanine       370 sq ft,

Firs Floor        750 sq ft,

Second Floor   750 sq ft,

 

Located:

Off M. A. Jinnah Road Near Tower Cloth Market.

 

Bank Agreement:

Given to bank on Rent for 8 years starting from June 2006.

 

Advance rent: 

in two portions of 4 years each in advance, of which first portion received
by current owner in June 2006.

 

Current rent: 

275,000. Rs Per month with 10% annual increase, Rent for the 8th year will
be increased up to 402,000. per month.

 

Next rent :

will receive in single installment of four next four years in June 2010. (
which will be aprox 16.8 Million ).

 

Area Under Bank:

Ground plus first floor in bank rent possession ,in future second floor can
be given to bank on rent.

 

Party Asking Price: 

RS-42.5 Million

 

For viewing and more details please contact

 

Regards

S.A. Sheikh (authorized agent)

Cell# +92 300 2221500

 

More: also deals in industrial /commercial properties in Korangi /SITE /Port
Qasim/  DHA open plots and Dubai/ Ajman

 


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