Restaurant / Cafe in Milan

€ 1,200,000

Description

We offer you a room with a restaurant in the center of Milan, Italy.
The area is 260 m2. 1 floor of 4 storey building.
 The profitability of the object is 72000 EUR / year. Profitability - 6%.
This object has a profitability above the market average for retail real estate in Italy (5.5%) and possesses in the person of the tenant a popular restaurant with a lease until 2022.
The possibility of lending in a foreign bank on the security of its own facility with low interest rates (from 2%), and the use of received funds both abroad and in the territory of their country. We have more than 1,000 partners in 53 countries around the world, including major real estate agencies, developers, banks, leasing companies, state regulatory bodies, and investment funds.
We offer real estate that provides passive income (various office buildings, street retail, production facilities, etc. with tenants with long-term lease agreements).


Property details

Floor
1
Guard
1
Close to
Park
Type of location
City center
Mortgage
1
Number of premises
1
Currently functioning
1
Type of parking
Open
Rental income
72000
Ownership type
Proprietary
Payback period
12
Last renovation
2016
Year of construction
1968

Location

Milan

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