Commercial Property for Sale - Colombo 11

Ref No- 4/10/24

Commercial property for sale

# 3rd Cross Street, Colombo-11

# Annual Assessment Tax : Rs.181,720/=

# No. of Shops : 31 shops

# Ground Floor : 15 shops

# 1st floor : Whole 1 portion

# 2nd floor : 11 shops

# 3rd floor : Whole 1 portion

# 3rd floor includes common toilet and washroom

# 3rd floor roof constructed using amana steel

# Motorized tube well and overhead tank

# Total rental monthly : Rs.117,200/=

# Total rental 25% increase every 5 years. Next rental increase is in Jan, 2025

# Average electricity bill per month : Rs.15,000/= to Rs.20,000/=. Electricity bill collected from tenants every month.

# Market open 8 A.M. to 8 P.M. Closed on holidays

# 17 total tenants

Rs.25 Million