Shop 90 m² in Vienna, Austria

Austria.Vienna Shopping room on a pedestrian street retail trade (street retail), rented to a famous brand, on the most famous, prestigious pedestrian street in the historical center of Vienna. From 7,000 to 12,000 people per hour pass through this busy street every day, shops of world famous brands, souvenir shops and sales offices of mobile operators are located here. Currently, the premises have been rented to a large network international trade brand. The tenant plans to vacate the premises in the next 2-3 years in connection with the internal restructuring of the company. Now the rental rate is quite low - 110 € / m2 per month, although the market rental rate of such premises on this street is 200-300 € / m2 per month. In the case of the tenant leaving, the premises can be rented in just a few days due to the high demand from tenants who want to work on this street. With the use of the new rental rate, the yield will increase by at least 2 times. The area of the retail space is 90m2, 2 levels. Rental income per year: 120,000 € (2.4% per annum) Potential rental income per year: € 250,000-320,000 (5-6% per annum)   Price: 5 000 000 € Options for use: - leaseback - finding a new tenant - resale with good profit It is possible to obtain a loan for 2-3 years with payment of only interest and return of capital after resale.