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Commercial-Retail
for sale in Venice Veneto Italy |
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| For Sale |
Euro € 10,000,000 |
| GBP £ 8,081,000 | USD $ 12,783,000 |
| City/Town: |
Venice
map
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| Region: |
Veneto |
| Country: |
Italy |
| Reference: |
4189822 |
| Property Type: |
Commercial-Retail |
| Sale Type: |
Resale
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| Rooms: |
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| Size: |
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| Contact: |
Sales Agent |
| Company: |
International Property |
| Language(s): |
English, Italian |
| Location: |
Italy |
| Email: |
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This property was listed on
Wednesday, October 26, 2011 |
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Last updated:
Saturday, May 05, 2012 |
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Ad viewed:
335
times |
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Other Property Features: |
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Kitchen:
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Other:
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Local Amenities:
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Local Activities:
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Property for sale in Venice Veneto Italy.
Retail unit totalling about 5,000 sq m over ground and first floor, located on a retail park next to Valcenter Shopping Centre and Warner Village Cinema. The property is situated in the Marcon area of Venice.
Unit 1 - 3,500 sqm let to Saturn for 15 years with 12 years unexpired at an annual RPI rent currently €535,000.
Unit 2 - 1,500 sqm let to Wok-Sushi Restaurant on a 12 + 6 year lease at a rent of €96,000 per annum (reduced rent for initial 12 years at €48,000 per annum due to tenants 50% contribution to construction works to build the unit, total cost of works €1,200,000)
Asking Price €10,000,000
Yield: 5.83%
For more information and to contact us use the email link.
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| Notes from the Owner/Agent : |
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The property information is provided
by the owner/agent Click
here to read our disclaimer. |
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