Shop – Milan, Lombardy, Italy

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Shop – Milan, Lombardy, Italy

3,000,000 €
27,272 € /m²
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  • Total area
    110 m²
  • Yield
    4.23%
Details
Financial performance
  • Annual income: 127,000 €
Tenants
  • Fully let
Transaction costs
  • Broker: 4.0%

Shop with 2 windows display.

Description

Leased shop of about 110 m², plus a warehouse of 50 ².

Energy class: G.

Financial performance

Absolute annual income is 127,000 €.

Current yield: 4,2%.

Transaction costs

Brokerage fee 4% + VAT.

Location and nearby infrastructure

The facility is located in Milan, in the commercial heart of Brera district.

Milan is the center of the Lombardy region, Italy's second largest city, the country's largest industrial, financial, commercial and transport hub, an important cultural center. The population of the city is more than 1.3 million people.

The city is famous for its museums, art galleries, theaters, monuments of architecture, educational institutions.

There are many financial and trading companies (Pirelli, Telecom Italia, Alfa Romeo) in Milan; industrial enterprises are located in the suburbs. The fashion houses and clothing industry copanies (Giorgio Armani, Gianni Versace, Dolce & Gabbana, Prada, etc.) are world famous and located in Milan.

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