Shop – Milan, Lombardy, Italy

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Shop – Milan, Lombardy, Italy

2,000,000 €
20,000 € /m²
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  • Total area
    100 m²
  • Yield
    4.3%
Details
Financial performance
  • Annual income: 85,000 €
Tenants
  • Fully let
Transaction costs
  • Broker: 4.0%

Shop with two window displays.

Description

A rented shop with an area of about 100 m² + an intermediate floor (mezzanine) of 20 m² and 3 cellars with a total area of approx. 60 m².

Energy Class: G.

Bank guarantee for 6 months.

Financial performance

Absolute annual income is 85,000 €.

Current yield: 4,3%.

Tenants

Increase rent: 10k € per year + VAT and charges.

Transaction costs

Brokerage fee 4% + VAT.

Location

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.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

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