It is a street retail unit investment in Milan's commercial district.
Description
The store is located on the ground and first floors of the building.
The main feature is three large window cases.
The total area is 405 m².
Store has been recently renovated and now is in excellent condition.
The property is fully leased out.
Financial performance
Absolute income is 176,000 €.
The current yield of 5,5%.
Broker's fee of 3% + VAT.
Tenants
Tenant is a business clothing store.
The lease agreement ends in 2021.
Location
The property is located in the heart of Milan.
Public transportation and metro are in the close proximity.
