Sale of Commercial space in Vienna with 6,2% rental yield
Austria, Vienna
Property ID:
C179Building area, m²
160
Yield
6.2 %
Price
€ 495 000
Property Info
Property in operation
Leased
Furnished and equipped
Property description
Commercial space in the 5th district of Vienna.
Total area is 160 sq.m.
Currently for sale as both a hookah lounge and a club.
Details:
- Lease agreement until November 2024 (Can be purchased with an extension to indefinite, as the current tenant wishes to extend the contract)
- Holds a license for restaurant operations
Yield: 6.2% per annum.
Agency/brokerage agreement is signed prior to visiting all the properties. Commission depends upon particular country and region.
It is also necessary to submit presentation of your company and official Letter of Intent (LOI) for due diligence procedure.
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