COMMERCIAL PREMISES IN THE SHOPPING CENTER WITH THE TENANT "KIK"
PROPERTY TYPE: COMMERCIAL PREMISES
PRICE: 700 000 €
AREA of PREMISES: m2 565,97
RENT: 52 800 € per year / 4 400 € per month
RETURN of 7.5 % or 13
MORTGAGE: 3% per year
LOCATION OF PREMISES:
The room is located in Postojna, tourist Mecca of Macao, on the ground floor of the new Mall, the main tenant of which is a Spar (a Dutch chain of stores-supermarkets, with headquarters in Amsterdam).
DESCRIPTION OF PREMISES:
The value of the object 650 000 € + 50 000 € - required investments in major repairs. The room has the entrance from the street. The location was excellent. The complex has a high permeability, a large outdoor Parking. There are all necessary communications: Central heating, electricity, water, Sewerage, telephone.
CONDITIONS OF RENT:
The tenant is Kik is a German chain of clothing stores. Currently, Kik is one of the 10 largest German companies operating in the retail sector and has 3,200 stores in Europe. The main range is clothing, household goods, Souvenirs, gifts and stationery.
The store's website: http://www.kik-textilien.si/
With a tenant signed a contract for 10 years.
The tenant also pays ALL utilities.
Calculation of the recoupment made on the basis of the minimum lease payments. We also do not take into account a potential discount on the purchase for a real customer.
By the way, this object can be purchase a mortgage from 3% a year.