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Commercial space in the center of Rome near the Colosseum with tenancy agreement

3,000,000 €
2,500 € /m²
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  • Total area
    1,200 m²
  • Yield
    7.0%
  • Rental rate (m²/month)
    15 €
Details
Property parameters
  • Leasable area: 1,200 m²
  • 3-floor building
  • 3 floor
Tenants
  • Fully let
Transaction costs
  • Broker: 3.0%

In the center of Rome, just a few steps from the Colosseum, a commercial space of 1,200 m² occupying three levels of the prestigious historical building. It is situated near the subway station, bus and tram stops so therefore well connected by public transport.

Opened in 2013 the gym is in perfect condition.

The property has a long-term tenancy agreement with international gym chain signed on 31 of January 2013 for 12 years (6+6) with one year bank guarantee.

The annual rental payment 168.000,00 Euro + VAT from the 2nd of February 2019 and 216.000,00 Euro + VAT from the 2nd of February 2020.

The gym enjoys a privileged position in the immediate vicinity to the capital’s main sightseeing attractions, so the property is for excellent investment and may be suitable for a restaurant, a club, a shop or any other commercial activity.

Annual profitability – 7%.

Asking price 3,000,000,00 Euro.

Agency charge 3% + VAT.

Additional information upon request.

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