FOR SALE – LEASE ASSIGNMENT – 55 SQ M – ÉCUSSON, MONTPELLIER
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area
55 m2
Presentation of the business assets : Commercial premises 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 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, making the premises suitable for a variety of concepts, 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
• Lease assignment price: €70,000 net to the seller
• Price including agency fees: €82,000
• Agency fees: payable by the buyer
• Monthly rent: €2,916.67 excluding VAT and service charges
• VAT on rent: not applicable
• Commercial premises: approx. 55 sq m
• Air conditioning: yes
• Permitted use: retail and commercial activities, excluding restaurants
• Option: additional storage of approx. 20 sq m
At €70,000 net to the seller (€82,000 including agency fees), this represents an attractive opportunity to secure a presence on one of Montpellier's prime pedestrian shopping streets.
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 honoraires sont à la charge du vendeur.
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 82 000 €Fees payable by the seller
Location of the business assets : Commercial premises for sale in MONTPELLIER
Features of this property :
| 340 938 731 904 | |
| 1 | |
| 55 m² |
| 82 000 € | |
| 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
