Translate
Русский
On sale commercial premises with a reliable tenant in the central part of Andorra.
Environment:
This location unprecedentedly guarantees high traffic and successful trading for any business.
The facility was leased for a tobacco store of a well-known network in Andorra. The tenant has occupied the premises since 1998, and the lease agreement is renewed annually. The cost of rent is 3.441.58 EUR / month, thanks to which the yield reaches 4.5%.
The room with a total area of 292m2 occupies 2 floors of a low-rise residential building. The area is evenly distributed between the floors. The object is equipped with a bright facade, as well as glass windows that make the room more noticeable.
Andorra is a small principality located in the Eastern Pyrenees between France and Spain. The capital is Andorra la Vella. With a population of about 77,000 people, the country attracts tourists with its ski resorts, picturesque mountains and duty-free trade.
Andorra’s economy is largely dependent on tourism, financial services and trade. Despite its small size, Andorra has a well-developed infrastructure and stable political system.
The Cigar Shop is a tobacco shop located in Andorra. The store has become popular with locals and tourists, offering a wide range of premium cigars and accessories for storage and smoking. Founded in 1998, the network has grown to 3 locations in Andorra and surrounding areas.
The Cigar Shop specializes in the sale of Cuban cigars, as well as products from leading brands from the Dominican Republic, Nicaragua and Honduras. The store offers both rare and collectible cigars as well as popular brands for everyday consumption.
The company has shown stable financial results and annual revenue for 2023 was about 2 million euros, thanks to strong demand from tourists and collectors from around the world.
