Corner ground floor retail store, mezzanine and basement, with a total surface of 407sqm in Exarcheia area of Athens. It is leased and operates as a cafe-bar-restaurant. It is located in an exceptional, central location in Exarcheia, just 400m from the "Exarchia Square".
In detail, it consists of:
1) Basement: 188sqm
2) Ground floor: 173sqm
3) Mezzanine: 46sqm
Monthly rent: 2.900 €. Yield: 5,3%.
It has 3 different entrances; 2 of them are on the pedestrian side and lead to the main space of the ground floor and the 3rd leads to the basement via stairs while it also has an operating elevator for heavy products/machines etc. The mezzanine is separated into 2 offices. The basement can be accessed by an internal staircase or from the external entrance at the pedestrian road. The basement has a very spacious free space, toilettes and kitchen.
It used to be a bakery shop and afterwards a book store and publication company. Now it is fully renovated and the refurbishment costs rise to 120.000 € in total, increasing the value of the asset.
As this property is so well built, it can be used for different types of businesses, like any retail store, coffee shop, bakery shop, restaurant, mini market etc.
Energy Efficiency Class: Pending
In detail, it consists of:
1) Basement: 188sqm
2) Ground floor: 173sqm
3) Mezzanine: 46sqm
Monthly rent: 2.900 €. Yield: 5,3%.
It has 3 different entrances; 2 of them are on the pedestrian side and lead to the main space of the ground floor and the 3rd leads to the basement via stairs while it also has an operating elevator for heavy products/machines etc. The mezzanine is separated into 2 offices. The basement can be accessed by an internal staircase or from the external entrance at the pedestrian road. The basement has a very spacious free space, toilettes and kitchen.
It used to be a bakery shop and afterwards a book store and publication company. Now it is fully renovated and the refurbishment costs rise to 120.000 € in total, increasing the value of the asset.
As this property is so well built, it can be used for different types of businesses, like any retail store, coffee shop, bakery shop, restaurant, mini market etc.
Energy Efficiency Class: Pending
