Retail unit on the ground floor of the building.
Description
The total area of the shop is 550 m².
The area on the ground floor is 400 m².
The area of the basement floor is 150 m².
The length of the facade is 10 m.
Absolute annual income is 188,125 €.
The current yield of 4.3%.
It is possible to obtain bank loan for 60% of the value of the project at 1.75% per annum.
The tenant of the unit is a clothing store.
The lease agreement is valid until 2030 and includes an extension option for 5 years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3,5%.
The broker's fee of 6%.
The building is located in 15 minutes drive from the city center. All amenities and public transport stops are situated in a close vicinity of the property.