Rented retail unit in Santos, opposite the French Embassy | Income investment

Rented retail unit in Santos, opposite the French Embassy | Income investment

Lisboa - Lisboa

€ 750,000

Property type

Commercial property

Business

For sale

Status

Not applicable

Gross area

100 m²

Ref

CB17-0780

Year

Energy rating

Property description

Rented retail unit in Santos, opposite the French Embassy | Income investment

Sold with a tenant in place: a contemporary restaurant on a 10-year lease to 2036, with no early termination by either party. Stepped rents: average gross yield of 7.35% over the term, 8% from 2029.

100 m² (net) unit on Calçada Marquês de Abrantes, Santos, directly opposite the French Embassy (Palácio de Santos). Large open-plan space with high ceilings and strong street presence, in an established restaurant area.

Photos show the unit previous to the tenant's fit-out works.

Investment dossier (rent schedule and lease terms) available on request.