Restaurant for 150 visitors, Los Angeles, USA

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Restaurant for 150 visitors, Los Angeles, USA

Price on request
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Built in 2013
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Features
  • Absolute return: 173,390 €
  • 1 floor
  • Percentage of the rented area: 100%
  • Lettable area: 331 m²
  • End of lease: 2053

It is a restaurant for sale, it was opened in 2013.

Description

Lettable area is 331 m²

Restaurant is leased out to a single tenant.

Interior

Restaurant with patio and bar, it has floor-to-window ceilings, kitchen equipped with state-of-the-art appliances. This turnkey property is fully furnished.

Financial performance

Absolute income is 192,670 $.

Lease agreement has an indexation of lease rate for 12,5% increase evary 5 years.

Tenants

The tenant is a restaurant.

The lease agreement is valid intil 2053.

Location and nearby objects

The property is situated in the area with a high customer traffic, right across two shopping malls.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 3% annually
    • Construction site audits
    • Management company services