30 Years Pre-Leased School Property for Sale in Karnal

Listing ID: SL005552
Posted By: Owner
Last Active: 1+ year ago
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The promoter is looking to Sale the land and building which is given on lease for 30 Years. Monthly rent of the property comes around INR 4 Lacs + 25% of fees + GST and 15% increase in rent after every 30 years.

The promoter has given the land and building for a lease to MNC who is operating A CBSE affiliated school. The school has 300 students.

Total land area is 2.5 Acres and builds up area is 30000 Sq ft.

Owner wants to sell land and building which is generating good revenue.

Last year's turnover was INR 42 Lacs which is fixed income from rent. The asking price of the land and building is INR 5 Cr.

Reason

Some other investment plans

Keywords

Business Tags

school Well running school

₹10 to ₹200 Cr

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