LEASE ASSIGNMENT (DAB) – 42 SQ M SHOP + 12 SQ M COLD ROOM – MONTPELLIER ÉCUSSON
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area
55 m2
Presentation of the business assets : Commercial premises for sale in MONTPELLIER
• Lease assignment (droit au bail) of a 42 sq m retail unit
• Additional 12 sq m walk-in cold room with its own refrigeration unit
• Very low rent of approximately €708 per month, excluding service charges
• Located in the upper part of one of the busiest streets in the Écusson, in the heart of Montpellier's historic pedestrianised city centre
• Suitable for a range of activities requiring chilled storage, subject to the permitted use under the lease
Description
An opportunity to acquire the leasehold rights (droit au bail) to a 42 sq m commercial unit with an additional 12 sq m cold room, at a very low rent of approximately €708 per month, excluding service charges.
The premises are located in the upper part of one of the busiest streets in the Écusson, at the heart of Montpellier's historic pedestrianised city centre. The street connects two major city-centre hubs and benefits from strong footfall throughout the year, attracting local residents, students and visitors. Restaurants, bakeries, independent shops and local businesses are located along the street.
The unit offers a generous frontage onto the street and a deep retail area, providing approximately 42 sq m of commercial space. The premises are further complemented by a 12 sq m walk-in cold room equipped with its own refrigeration unit.
A cold room of this size is a particularly useful and relatively rare feature in Montpellier's historic city centre. It would suit a range of food-related or other activities requiring dedicated chilled storage, subject to the permitted use under the lease.
The combination of a sought-after central location, very low rent and existing cold-storage facilities makes this an attractive opportunity for an operator looking to establish a business in the heart of Montpellier.
Property & Lease Information
• Retail area: 42 sq m
• Cold room: 12 sq m
• Rent: approximately €708 per month, excluding service charges
• VAT on rent: Not applicable
• Service charge provision: approximately €93 per month
Further Information
Please contact me for further information regarding this opportunity.
Les honoraires d'agence sont à la charge de l'acquéreur, soit 10,80% TTC du prix hors honoraires.
Les informations sur les risques auxquels ce bien est exposé sont disponibles sur le site Géorisques : www. georisques. gouv. fr.
** ENGLISH SPEAKERS: please note that Capifrance has an international department that can help with translations. To see our range of 20,000 properties for sale in France, please visit our Capifrance website directly. We look forward to finding your dream home!
Additional information :
Total price including fees 132 960 €Price excluding fees 120 000 €
Fees payable by the buyer are 10.8% all taxes included
Location of the business assets : Commercial premises for sale in MONTPELLIER
Features of this property :
| 340 933 433 101 | |
| 2 | |
| 55 m² |
| 132 960 € |
Capifrance advisor in charge of this property
Investing in commercial properties can offer several attractive advantages for investors. Here are some reasons why this type of investment can be appealing:
High returns
Tenant stability: Businesses tend to sign long-term leases (often between 3 and 9 years). This provides stable rental income over the long term and reduces the risk of vacancy.
Property appreciation: Commercial properties can increase in value over time, especially if they are located in developing areas or thriving business districts.
Diversification opportunities: Investing in commercial properties allows for the diversification of an investment portfolio. This helps reduce risks by spreading investments across different types of real estate assets (offices, retail spaces, warehouses, etc.).
Less daily management: Compared to managing residential properties, commercial properties require less daily management. Tenant businesses are generally responsible for routine maintenance.
There is no tacit renewal. The tenant must request the renewal of the lease 6 months before the lease's expiration. This request cannot be refused.
In the case of tacit extension, the conditions of the initial lease continue to apply, but the parties can terminate the lease at any time, subject to a notice period. The terms of the lease (rent, charges, etc.) continue to apply. If the lease duration exceeds 12 years, the landlord can uncap the rent (i.e., the rent will be set at the market rental value commonly practiced in the vicinity).
Valuing a business requires a comprehensive approach, taking into account the financial, commercial, material, and immaterial aspects of the company. Consulting a specialist in business valuation can also help to obtain an accurate and professional estimate.
Do you need advice for your real estate project? Contact a Capifrance advisor
