Type: Commercial Property For Sale District: Stenjevec Location: Špansko Address: Stenjevec,Croatia Price: €189.999 Living Area: 62 m2
Description: For sale is an extremely attractive commercial space located on the ground floor at Vlade Gotovca 7, in the Špansko neighborhood, which is offered as an investment.
The space is currently used as a catering facility, and was previously used for various activities, including Smash Burger Bar, Fitstop Bar (health food) which eventually grew into a serious project and moved to a shopping center, and a beauty salon. This space represents an excellent opportunity to purchase, given that it is possible to take over the existing tenant, who has a three-year lease agreement with a monthly rent of EUR 969.38 (including VAT), which amounts to EUR 11,632.56 per year. This provides an extremely favorable return on investment of 6.12% per year, with a payback period of 16.3 years. Such a return cannot be achieved at a bank, making this property an extremely attractive investment opportunity. In addition, an increase in the value of the property is expected.
The space is suitable for various purposes, including a hairdressing or beauty salon, a doctor's office, an office, a catering facility or other service activities that do not require too much noise....