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Air Conditioning/appliance Business With Commercial Land

West Bay, Cayman Islands
Mls#: 415804
Status: Current
10644 Sqft

Two storey Commercial Building on approximately 3.6 acres of Land (after subdivision of Strata Lot ), plus a Small, well regarded and growing Air Conditioning and Retail Appliance business. Grosses approx. CI$ 2.0M/yr with an excellent net return. Lots of potential to expand the business and increase revenue. Owner is retiring but all staff (15) could remain. Professionally appraised and listed at the appraised value not including value of inventory, which would be determined at closing.

Property Details:

  • Property Type: Business
  • Listing Type: Industrial
  • View: Inland
  • Zoning: Commercial Neighbourhood
  • Annual Operating Costs: CI$ 960,000
  • Gross Annual Income: CI$ 2,000,000
  • Type of Use: Industrial
  • Road Frontage: 400
  • Assets: Includes: furniture, fixtures, equipment, and vehicles. Inventory to be valued and transferred at cost at completion. Receivables either retained by Seller or sold to the Purchaser at an agreed value. Payables and any debt will all be cleared by the Seller as of completion.

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