This asset will be completely redeveloped, from the facade exterior as well as the complete interior as to accommodate a fresh new serviced apartment concept to the market. Retail space leased to two Triple A tenants. The location of the asset, along with the 57 serviced apartments on floors 1 through 3 and the exceptional retail space will make for an excellent investment opportunity and a chance to own a retail store within a vibrant, regenerated serviced apartment complex Complete redevelopment using eco friendly materials Unified glass automatic doors Dedicated elevator and stairs only for retail customers Turn key retail asset Purchase Retail Store 150.000 plus purchase expenses Contract Duration 4 Years + Extension Lease Increase C.P.I. + 1% Resale Potential resale with upside in excess of 30% Estimated monthly rent 600
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Property ID: 120093577168