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Retail business for sale in Rome, Italy, 80 m²

Retail business for sale in Rome, Italy, 80 m² - photo 1
Retail business for sale in Rome, Italy, 80 m² - photo 2
Retail business for sale in Rome, Italy, 80 m² - photo 3
Retail business for sale in Rome, Italy, 80 m² - photo 4
Retail business for sale in Rome, Italy, 80 m² - photo 5
Retail business for sale in Rome, Italy, 80 m² - photo 6
Retail business for sale in Rome, Italy, 80 m² - photo 7
Retail business for sale in Rome, Italy, 80 m² - photo 8
Retail business for sale in Rome, Italy, 80 m² - photo 9
Retail business for sale in Rome, Italy, 80 m² - photo 10
Retail business for sale in Rome, Italy, 80 m² - photo 11
Retail business for sale in Rome, Italy, 80 m² - photo 12
Retail business for sale in Rome, Italy, 80 m² - photo 13
Retail business for sale in Rome, Italy, 80 m² - photo 14
Retail business for sale in Rome, Italy, 80 m² - photo 15
Price€700,000
TypeRetail business
Covered area80 m²
Average profitability5 %
Rental (per year)€36,000
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Commercial offer in center of Rome. A store with long-term lease contract is for sale

Rare commercial offer - for sale a shop in the most prestigious area of Rome, close to Piazza di Spagna. The total area is 70 sqm distributed as follows:

- Ground floor with a showcase - 40 square meters
- Mezzanine floor - Room of 20 sqm (can be used as an office)
- Basement - a bathroom.
The shop has just been rented to a famous brand of men's clothing with a long-term contract 6 + 6 years. The contract expires in March 2021 with automatic renewal for another 6 years.

Additional information upon request.

Extra Сosts when Buying Property

Notary fees, of the declared price 2.5 - 4%
PURCHASES FROM A COMPANY
*dwellings sold within five years of completion of construction or restoration.
Registration fee from €200
Mortgage tax from €200
Cadastral tax from €200
VAT:
- for first-home resident buyers 4%
- for second-home and non-resident buyers 10%
- on luxury homes 22%
IN OTHER CASES
Registry Tax, of the declared value 3-7%
Registration fee from €50
Mortgage tax from €50
Cadastral tax from €50

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Ongoing Ownership Costs

Water supply €15-20 /month
Electricity (in condominium) €0,2-0,3 kw/h
Property tax, on the cadastral value 0,4-0,7%

Additional Services Costs

Real Estate Agent’s Fee 1.5%-4% +22%VAT
Legal fees 1-2%

Return on Investment

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