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Prerented Properties
Properties/Pune/Koregaon Park
Pre-rented restaurant / f&b in Koregaon Park, Pune, leased to a restaurant / f&b tenantPictures are for illustration only
Restaurant / F&BUnder offer

Restaurant / F&B

Koregaon Park, Pune · North Main Road, first floor

Basic details

Price
₹9.80 Cr
Rent
₹6.15 L / month
Location
Koregaon Park, Pune
Carpet area
3,200 sq ft
Built-up area
4,000 sq ft
Type of property
Restaurant / F&B
Avg. rental yield
7.53%
Price per sq ft
₹30,625

Property ID

PR-PUN-F03

Tenant sector

Restaurant / F&B

ROI

6.91%

Net ROI

6.80%

Annual rent

₹73.80 L

Rent per sq ft

₹192

Financials

Current Net ROI

6.80%

IRR

12.07%

Investment Multiple

1.97x

Total Equity Investment

₹10,68,20,000

Deposit
₹36,90,000
ROI
6.91%
Maintenance
₹38,400 / month
Property tax
₹1,18,000 / year
Total outgoing
₹1,18,000 / year

IRR and multiple assume a sale at lease end at the yield you buy at. Figures are gross of income tax.

Lease agreement and tenancy

Tenant type
Restaurant / F&B
Lease tenure
9 years
Lock-in period
3 years
Escalation
5% every year
Property tax paid by
Owner

Lease timeline

  1. Lease start date

    01-02-2024

  2. Lock-in end date

    01-02-2027

  3. Lease end date

    31-01-2033

Monthly rent
₹6,15,000
Monthly outgoing
₹9,833
Ending monthly rent
₹9,08,635
Rent per sq ft
₹192
Price per sq ft
₹30,625
Carpet area
3,200 sq ft

Pricing

Purchase price
₹9,80,00,000
Reg. + stamp duty
₹68,60,000
Brokerage charges
₹19,60,000
= Total investment
₹10,68,20,000

ROI model

A year-by-year model of rent, escalations and returns for this property.

Our checks, already complete

  • Brand has been in this unit for four years already
  • Kitchen exhaust and fire NOC sit with the tenant
  • Under offer; we still take a backup buyer on the same numbers

The exact address, the tenant’s legal name and the registered lease follow the first call. Owners prefer it that way, and so would you, in their place.

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