Sale of ready-made rent business located in the city of Saratov
Address: Moskovskaya Ulitsa, 152, Saratov, Saratov Region
2-storey building with mezzanine storey
Total area: 1,630.6 sq.m.
Cadastral number: 64:48:030342:4440.
Land plot under the building is owned Sberbank by rent right.
Location and surroundings
The object is located in the central district the city of Saratov, at the intersection of Moskovskaya ulitsa and ulitsa Rakhova. Moskovskaya ulitsa crosses Kirovsky district of the city as one of the main axis streets. It is an active business district of the city where administrative and business facilities, as well as shopping and entertainment centers are concentrated. Near the object there are food and department stores, chain stores, public and consumer services, bank branches, market «Universalny», BC «Moskovsky», shopping mall «Triumph Mall», shopping center «Fortuna», shopping complex «Vash dom», Guberniy market, shopping center «Arhipelag», as well as secondary schools, lyceums, colleges, universities - Saratov State University, Saratov Military Order of Zhukov Red Banner Institute of the National Guard Troops of the Russian Federation.
Transport accessibility is good:
- excellent access roads;
- public transport stops are located near to object;
- the distance to Gagarin airport - 41 km.;
- the distance to railway station - 1.5 km.
Investment attractiveness of the Object
The object is offered for sale with the obligatory condition of concluding a rent agreement with Sberbank. Rentback parameters: the total area of 640 sq.m. on the 1st floor and 160.6 sq.m. on the mezzanine. Rental fee - 474,381.8 rub. per month (utilities are paid separately).
Encumbrances: short-rent agreement 2 sq.m., rent rate - 1,067.8 rub. per month.
Total rentalbe area - 1,110 sq.m. If owner full filling the object with tenants, the owner can count on an additional rental flow of at least 300,000 rub. per month. Under these conditions, the payback period of the object is within 6 years.
Suspensive condition: no later than 31.12.2021, subject to full payment of the sale price of the Object, the seller transfers the Object to the buyer by acceptance and transfer. The seller has the right to unilaterally increase the deadline for the transfer of the Object to the buyer by not more than 2 (two) months without any penalties.