SUPERB OPPORTUNITY – BUSINESS FOR SALE – 55 SQ M – ÉCUSSON, MONTPELLIER
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surface area
55 m2
Presentation of the commercial premises : Fashion for sale in MONTPELLIER
The property occupies a prime position on one of the city centre's busiest and most established pedestrian shopping streets, surrounded by national retailers, recognised brands and independent shops. The location benefits from strong pedestrian footfall throughout the year, making it particularly well suited to a retail or service-based business.
The Premises
The premises offer approximately 55 sq m of commercial space, including a street-facing shopfront, a sales area and a rear section.
The unit is in excellent condition, air-conditioned and fitted out with quality materials. It is ready for immediate occupation and trading, with no works required.
An additional storage area of approximately 20 sq m, with direct access from the premises, can also be made available.
The lease permits a wide range of retail and commercial activities, excluding restaurant use, so the buyer can continue the current business or set up another concept, including:
• Fashion and clothing
• Accessories
• Beauty
• Services
• Concept store
There is also the possibility of installing a terrace, subject to prior approval from the local authority.
Lease & Financial Information
• Floor area: approx. 55 sq m
• Rent: €2,916.67 per month, excluding VAT and service charges
• Monthly service charges: none (no provision)
• Property tax: €2,140 per year, including waste collection tax (approx. €178 per month)
• Price net to the seller: €40,000
• Agency fees payable by the buyer: €6,000 excluding VAT, i.e. €7,200 including VAT
• Price including agency fees: €47,200
• Air conditioning: yes
• Permitted use: retail and commercial activities, excluding restaurants
• Option: additional storage of approx. 20 sq m
At €40,000 net to the seller (€47,200 including agency fees), this represents an exceptional opportunity to secure a presence on one of Montpellier's prime pedestrian shopping streets.
Further Information
Further information is available on request.
The exact location and the name of the business will be disclosed strictly confidentially to genuinely interested parties.
Les informations sur les risques auxquels ce bien est exposé sont disponibles sur le site Géorisques : www. georisques. gouv. fr.
Réseau Immobilier CAPIFRANCE - Votre agent commercial (RSAC N°507 692 978 - Greffe de MONTPELLIER) Cécilia BON Entrepreneur Individuel 06 45 24 08 39 - Réf.975302
Additional information :
Total price including fees 47 200 €Price excluding fees 40 000 €
Fees payable by the buyer are 18% all taxes included
Location of the commercial premises : Fashion for sale in MONTPELLIER
Features of this property :
| 340 932 798 474 | |
| 2 | |
| 55 m² |
| 47 200 € | |
| 2 140 € |
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
