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Retail business for sale in Rome, Italy, 1860 m²

Retail business for sale in Rome, Italy, 1860 m² - photo 1
Price€6,000,000
TypeRetail business
Covered area1860 m²
Anchor tenantMagazzini Gabrielli Spa
Average profitability5.1 %
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Description

Images are for illustrative purposes only Commercial premises in Rome in Viale Liegi. The grocery tenant holding Magazzini Gabrielli Spa. The area of 1.860 sq. m. The lease contract is signed 01.07.2017 to 30.06.2026. Rent 307.355,00 + 75% of the official inflation rate calculated by the National Statistics Institute in line with the consumer prices for workers ' wages. A yield of 5.1%. Additional information on request. Bargaining is possible.

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

Property Price
Rental Cost
0%
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