It is a store investment in sought-after area with high traffic in Milan.
Description
The store is located on the ground and basement floors of the building.
The total area is 230 m².
The property is fully leased out.
Financial performance
Absolute income is 128,000 €.
The current yield of 4,6%.
Broker's fee of 3% + VAT.
Tenants
Tenant is an international company specializing in interior design.
The lease agreement was signed in 2013 for 6 years with extension option for another 6 years.
Location
The property is located near the center of Milan in a quiet and attractive area with many stores of luxury brands, elegant cafés, gardens and parks.
The pedestrian and vechile traffic are high, the M1 metro line is in the immediate vicinity of the area.
