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Retail business for sale in Viterbo, Italy, 1270 m²

Retail business for sale in Viterbo, Italy, 1270 m² - photo 1
Price€1,500,000
TypeRetail business
Covered area1270 m²
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Commercial property close to Viterbo

Commercial property with the area of 1 270 sq. m. and with a long rent contract with a supermarket is for sale. This large chain of economy class supermarkets was founded in 1993 and nowadays has more than 1100 stores which number is always in increasing thanks to its reasonable prices and high quality of goods. The rental cost is about 110 000 Euro annually. The term of the rental contract is in 2017 with the right of automatic renewal. Parking lot: open parking lot with the area of 3 200 sq.m.

The supermarket is located in a densely populated city with the sprawling infrastructure close to Viterbo in the province of Rome.

Profitability – about 7,5% annually.

There is a possibility of the extension of the space, building an annex for future renting to a household store.

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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Interest Rate
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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%
  • Italy, RomeItaly, Rome
    Retail business €1,450,000
    • Covered area: 115 m²
  • Italy, RomeItaly, Rome
    Retail business €1,500,000
    • Covered area: 320 m²
  • Italy, RomeItaly, Rome
    Retail business €1,250,000
    • Covered area: 190 m²
Company Representatives
in Italy
Rome
+39 (069) 4803-412
in UK
London
+44-20-3936-4067
in Russia
Moscow
+7 (495) 240-81-87
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