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850 000 €

Shop in Milan, Italy, 215 m²
  • Shop in Milan, Italy, 215 m² - picture 1
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  • Shop in Milan, Italy, 215 m² - picture 1
  • Property ID on Prianproperty.com: 3962466
    Last update: 05.11.2024
    Number of views: 71

850 000 €

Shop in Milan, Italy, 215 m²

215 sq.m 6.5% per year

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  • Property ID on Prianproperty.com: 3962466
    Last update: 05.11.2024
    Number of views: 71

Specifications

Sale price 850 000 €
Price per square meter 3 953.49 €
Floor area 215 m²
Address Italy, Milan
Location within the city

Finance

Profitability
Annual return 6.5 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Annual income 55 000 €

Annual rental revenue, excluding operating expenses

Business expenses
Not included in the price

Description

Shop-salon of 215 m2 in Milan, with a tenant, yield 6.5% per annum

In the immediate vicinity of the Place De Angeli, in a historic building from 1936, completely renovated between 2013 and 2016, a store of 215 m2, six large display windows that provide excellent visibility, is offered for sale. Currently leased to a large company with a lease agreement expiring in 2032, rental income is 6.5% per annum.

850,000 euros + transaction costs


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