Contact Lydia
Lydia
Posting for under a monthCommercial premises for sale, Provence, France
South West London, London
£150,000
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Contact Lydia
- Posted
- 3 hours ago
- Seller Type
- Agency
- Property Type
- Leisure & Hospitality
Description
Located on the main square of the lovely village of Caux 34720, in Provence, these commercial premises, with a surface area of 80.85m°, currently occupied by a restaurant, represent an investment opportunity with immediate return.
The premises are part of a co-owned building with 4 units (1 restaurant and 3 apartments above).
No work is required; the roof, floors, electricity, plumbing, and facades were completely renovated in 2015 (invoices available).
Rental information:
• Monthly rent €800.
• A termination clause in the commercial lease protects the landlord.
• The business has been continuously rented since 2014.
Charges and taxes:
• Property taxes are the responsibility of the tenant
• Condominium fees are limited to €300/year for building insurance.
Profitability:
• Annual rent: €800 x 12 = €9,600.
• Price: €150,000
• Gross yield : 6.4%.
: Net yield (before tax) ~6.2%
Ad ID: 1514114626
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