REAB - Business for sale - Company (owned building and land, rental business) in Ashtarak, Armenia (619)

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Company (owned building and land, rental business) in Ashtarak, Armenia

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id - 619

Armenia

Realty

Company (owned building and land, rental business) in Ashtarak, Armenia

Urgent! Fast deal

Currency:

₺

Armenian dram (֏) Azerbaijani manat (₼) Belarusian ruble (Br) Brazilian real (R$) Chinese yuan (¥) Egyptian pound (LE) Euro (€) Georgian lari (₾) Indian rupee (₹) Indonesian rupiah (Rp) Iranian rial (IR) Kazakhstani tenge (₸) Kyrgyzstani som (с) Qatari rial (QR) Russian ruble (₽) Serbian dinar (din) South African rand (R) Tajik somoni (с.) Turkish lira (₺) UAE Dirham (AED) US Dollar ($) Uzbek sum (сўм) Vietnamese dong (₫)

Revenue (year) No data

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Payback (mon.)

Description

A rental property business is for sale in the city of Ashtarak (a 15-minute drive from Yerevan), Republic of Armenia.

The company owns a building in the city center that is currently leased out:

Building Specifications:

Area: 1,880 m²
3 floors
Condition: Major renovation required
Land plot: 1,837 m² (owned outright)
Prime location on the main street
Facade length: approx. 54 m; 2 access points
Cladding: Tuff stone tiles
Utilities: Water, sewage, 3-phase electricity, dedicated 10 kV connection, two 100 kVA transformers; permitted capacity of 160 kVA (with the possibility of increasing it)
Suitable for: Clinic, educational institution, hotel, manufacturing facility, warehouse, or retail/office center

Business Status:

The building houses solvent tenants ready to renew their long-term leases.
No outstanding payment arrears (landlord or tenant), encumbrances, or debts.

Transaction Structure:

Sale of 100% of the shares of the Closed Joint-Stock Company (CJSC) (via the admission of a new shareholder; the current owner is the sole shareholder) or another option agreed upon with the buyer.
Documentation provided upon the interested buyer's signing of an NCNDA.

Tags:

Armenia

B2B

B2G

Real estate

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