Two-storey store in the center of Milan

3,200,000 €
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Total area: 405 m² Yield: 5.5%
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Features
  • Absolute return: 176,000 €
  • Percentage of the rented area: 100%
  • Broker: 3.0%
  • Street retail

It is a street retail unit investment in Milan's commercial district.

Description

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

The main feature is three large window cases.

The total area is 405 m².

Store has been recently renovated and now is in excellent condition.

The property is fully leased out.

Financial performance

Absolute income is 176,000 €.

The current yield of 5,5%.

Broker's fee of 3% + VAT.

Tenants

Tenant is a business clothing store.

The lease agreement ends in 2021.

Location and nearby objects

The property is located in the heart of Milan.

Public transportation and metro are in the close proximity.

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Supermarkets
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Schools
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Cafe and restaurants
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Hospitals
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Airports
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Enquire about this shop
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 3% annually
    • Construction site audits
    • Management company services