Retail space
0 bathrooms
Studio bedrooms |
Ref: 6 |
Objective: Commercial Space-Retail Location: Centre of Bucharest. Area: Calea Victoriei Area Near Casa Poporului Address: Calea Victoriei Access:Direct acces from Calea Victoriei Surface: Total Net 650m² Configuration: B+ Gf+ Galleria Property description:The large commercial space is located on a corner plot with high visibility on two main boulevards of Bucharest. The ground floor consists of a large open space with large shopping windows and a galleria which can easily be used as retail space or office space. The property needs light renovation and can be used for retail offices, restaurant, coffee shop but also as showroom for furniture or cars. Utilities: all available on site. Price:2 800 000eur (neg.) Investment calculation: The average rent/m² for retail space in the area is aprox.40-50€ which can provide a yield between 11% -13%. For a 30€/m² the yield that can be reached will be 8% .The property is not rented at the moment but can be easily rented due to the huge demand of retail space in that area.
Class B, Unlet, Close to public transport, Shop Front, Open Space, Separate utility meters
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