№ 1,768,848

Restaurant 180 m² in Milan

920,000 €
5,111 € /m²
  • Total area 180 m²
  • Yield 6.5%
  • Lease term —
  • Constructed —
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Irina Pchelinova
Irina Pchelinova
Investment consultant in Milan
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    Key project parameters
    Total area
    180 m²
    Project description

    Retail property on the ground floor.

    Description

    Retail property of 180 m² plus cellar of 40 m² with two shop windows.

    The property is currently being renovated by the new tenant.

    Energy Performance Certificate

    • Energy class: G
    • Consumption value: 175,00 kWh/ m² a
    •  
    Tenants
    Agreement
    n/a

    The lease contract has a duration of 6 + 6 years starting from 2018.

    Financial performance
    Yield
    6.5%

    Absolute annual income is 60,000 €.

    Current yield: 6,5%.

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    Transaction costs

    Brokerage fee 4% + VAT.

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    Location and nearby infrastructure

    The facility is located in Milan.

    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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    If this ad doesn't suit you, have a look at the other restaurants for sale in Milan.

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    annual yield
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    investment exit horizon
    2–3 years
    full support at every stage
    Turnkey deal
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      Head of Commercial Property Department
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