Saturday, 23 July 2016

AVAILABLE FOR SALE:- PRE-RENTED INDEPENDENT BUILDING 8 SCREEN MULTIPLEX PVR CINEMA in DELHI

TENANT                     : PVR CINEMA

LOCATION                  : WEST DELHI

LAND AREA               : 3600 Sq. Yds. (4 SIDE OPEN)

BUILT-UP AREA        : 1 LAC SQ. FT. APPROX in OLD CONSTRUCTION

PRESENT BUILDING DETAILS (OLD CONSTRUCTION):

2 BASEMENTS + STILT PARKING + U.G.F. + 1ST FLOOR + 2ND FLOOR. 8 SCREEN MULTIPLEX AND FOOD COURT ON ROOFTOP

RENT                          : Rs. 55 LACS PER MONTH + SERVICE TAX

SECURITY DEPOSIT  : EQUIVALENT TO 1 YEAR RENT (6 MONTHS REFUNDABLE in 36 MONTHS FROM START OF LEASE) – (INTEREST FREE)

LOCK IN PERIOD       : 5 YEARS FROM START OF LEASE

RENT ESCALATION  : 15% AFTER EVERY 3 YEARS

LEASE PERIOD          : 21 YEARS

INTERIOR                   : TO BE DONE BY PVR (APPROX EXPENSES of Rs. 25 Cr.)

PROPOSAL-1

PRICE                          : 80 Cr. in OLD FAR : 1

OTHER SELF COST    : 17-18 Cr. for Structure, Elevation, Power Backup, Lift, AC etc.

LEASE DETAIL          : BUILDING TO BE BUILT TO SUIT ACCORDING TO PVR

PROPOSAL-2

PRICE                          : 100 Cr. in NEW FAR : 2

OTHER SELF COST    : 17-18 Cr. for Structure, Elevation, Power Backup, Lift, AC etc.

OTHER EXPENSES     : 11 Cr. GOVT. FEE / EXPENSES + 3 Cr. approx. etc. OVERHEADS / CONSULTANT FEEs etc.


More Details will be available after getting Letter of Intent (LOI) / Expression of Interest (EOI) from the interested & prospective property buyer.