A commercial property is for sale. A famous band apparel store in the center of Rome with a long-term rent contract. The total are of the store is 115 sq.m.. 90 sq.of them are on the ground floor; 25 sq.m. – the basement floor; The store has two shop-windows. 6-months bank guarantee. The rent contract was signed in 2015 for 6+6 years till 2017.
The annual rental payment – 78 000 Euro.
Agency charge – 3%+VAT.
Annual profitability – 5,5% before tax.
Additional information on request.