Commercial property on the ground floor of the building.
Description
The total area of the property is 260 m².
The restaurant is located on the ground floor and the lower level of the building.
The property was recently renovated.
Financial performance
The absolute annual income is 72,000 euros.
The current yield is 6%.
Tenants
The restaurant is rented.
The lease agreement is valid until 2022 and includes an extension option for 6 years.
Transaction costs
The brokerage fee is 3% + VAT.
Location
The restaurant is located in the central part of the city, in a few-minutes walk from the metro station. There are many shops, boutiques, and hotels situated in proximity from the property.
