Store near metro in central Milan

Photos available on request

Store near metro in central Milan

2,800,000 €
Submit request
Total area: 230 m² Yield: 4.6%
  • Absolute return: 128,000 €
  • 1 floor
  • Percentage of the rented area: 100%
  • Broker: 3.0%
  • Street retail

It is a store investment in sought-after area with high traffic in Milan.

Description

The store is located on the ground and basement floors of the building.

The total area is 230 m².

The property is fully leased out.

Financial performance

Absolute income is 128,000 €.

The current yield of 4,6%.

Broker's fee of 3% + VAT.

Tenants

Tenant is an international company specializing in interior design.

The lease agreement was signed in 2013 for 6 years with extension option for another 6 years.

Location and nearby objects

The property is located near the center of Milan in a quiet and attractive area with many stores of luxury brands, elegant cafés, gardens and parks.

The pedestrian and vechile traffic are high, the M1 metro line is in the immediate vicinity of the area.

supermarket-iconCreated with Sketch.
Supermarkets
school-iconCreated with Sketch.
Schools
cafe-iconCreated with Sketch.
Cafe and restaurants
hospital-iconCreated with Sketch.
Hospitals
airport-iconCreated with Sketch.
Airports
Reset
Similar listings

We are looking for similar listings

Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Milan
By clicking «Submit request», you agree with the terms of Tranio's User Agreement.
Submit request
    Send one more request
    • Bank financing from 3% annually
    • Construction site audits
    • Management company services