Restaurant in Milan, Italy

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Restaurant in Milan, Italy

550,000 €
4,583 € /m²
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  • Total area
    120 m²
  • Yield
    7.3%
Details
Property parameters
  • 1 floor
Financial performance
  • Annual income: 40,000 €
Tenants
  • Fully let
Property status
  • Most recent total renovation: 2013
Transaction costs
  • Broker: 3.0%

Commercial unit on the ground floor of the building.

Description

The total area of the property is 120 m²

In 2013 the commercial unit was renovated.

Financial performance

Absolute annual income is 40,000 €.

The current yield of 7.3%.

Tenants

The tenant of the commercial unit is a restaurant.

Transaction costs

Brokerage fee is 3%.

Location and nearby infrastructure

The restaurant is located in the central part of the city. There are a Sempione Park, public transport stops and a metro station situated in proximity of the property.

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