It is a store investment situated on a retail street in Milan.
Description
The property is located on the ground floor of the building.
The main feature is a large showcase.
The total property area is 112 m², of which 49 m² is located on the ground floor and 63 m² in the basement.
The store has the right to use the yard.
The property is fully leased out.
Absolute income is 108,000 €.
The current yield of 5,5%.
Broker's fee of 3% + VAT.
Tenant is a jewelry company.
The lease agreement is valid until 2027.
The store is located on a busy pedestrian street in the shopping district of Milan.
There are stores and boutiques of prestigious brands in the surrounding area.