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2 172 085 €
2 172 085 €
| Sale price | 2 172 085 € |
| Price per square meter | 3 102.98 € |
| Floor area | 700 sq.m |
| Construction phase | Resale |
| Address | Switzerland, Sainte-Croix |
| Location | within the city |
Business on sale
| Profitability | |
|---|---|
| Annual return | 5.05 % |
|
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100% |
|
| Annual income | 109 880 € |
|
Annual rental revenue, excluding operating expenses |
|
| Business expenses | |
|---|---|
| Not included in the price | |
| Net commission | 95 500 € |
Commercial premises for commercial purposes Canton of Valais, Sion, city center GLA 700 sq.m + 1 m/m underground Parking
Annual rental income 116,350 CHF net OPEX per tenant 17,843 CHF
Lease agreement from 2018 for 10 years + 2 extension options for 5 years each
Price 2.3 million CHF + commission 100,000 CHF from the buyer
The room occupies the first floor and the basement.
The delivery area is at the back of the building. The elevator serves both the ground floor and the basement. Elevator maintenance is at the expense of the tenant, modernization was carried out 3 years ago. The heating system is gas. The store underwent major repairs in 2020. There are no plans to repair the entire building.
The tenant is a French chain of stores of household goods, interior, decor, gifts, cosmetics; currently it has almost 51 branches in France and Switzerland. The network was founded in 1977.
Julia Morozova
Associate Director, Commercial Real Estate International Investment Department