Famous bar in Montreux.
The area of the property is 400 m².
The owner has a loan offer from the bank. The transaction is possible before the signing of the loan agreement.
The cost of the property is 2,800,000 CHF.
The absolute annual income is 120,000 CHF.
The current yield is 4.3%.
The lease agreement is valid until 2023.
The tenant is ready to sign a new contract for 10 years.
Guarantee of rental payments — 3 months.
Location and nearby infrastructure
A resort town of Montreux with many hotels is located in the canton of Vaud on the so-called Swiss Riviera. The population of the town is about 25 thousand people.
The distance to Geneva is 70 km.
There are public transport stops, hotels, educational institutions, a cinema and a park not far from the property.