For sale: a non-residential premise in 3 levels with a total area of 153 sq.m.
The area of the 1st floor (shop): 61 sq.m.; the ceiling height: 3.8 m.
The area of the 2nd (office) floor: 31 sq.m.; the ceiling height: 2.2 m.
The area of the basement (storage) floor: 61 sq.m.; the ceiling height: 3.8 m.
The premise is located in a 5-storey residential building.
The year of the house construction: 1975.
Location
The facade of the house is located on the central street of the resort town of Loutraki.
On the central street there are supermarkets, meat, fish and vegetable shops, pastry shops and bakeries, boutiques and souvenir shops, bars and cafes, restaurants and taverns.
History of the premises
Thanks to its excellent location, the premise had always been rented out.
In different years it housed: a flower shop, a pharmacy, a real estate agency, a cafe.
Each a new tenant was doing repairs in the premise.
Currently, the premises are rented by a company of the mobile network operators «Vodafone».
The lease contract is concluded for a period of 3 years and is valid until 29.06.2019.
Upon the expiry of the lease term, the contract can be terminated or extended for another 3 years.
The rental rate is € 600 per month.
In the terms of the contract, the possibility of increasing the rental rate is prescribed.
Possible types of the premises operation
This premises provides an ample opportunities for its functional purpose and use.
The most promising variants for the operation of the premise may be the following: IT companies, television companies, consulting companies, companies for the provision of educational services, medical and cosmetology centers, representative offices, design studios, dance studios, advertising agencies, real estate agencies, audit companies and others.
Factors of investment attractiveness
The factors of investment attractiveness of this premise include:
• Unique location and excellent pedestrian accessibility.
Immediate proximity of the location of residential multi-storey buildings and, accordingly, high density of the
population of the micro-district ensure high passability on the central street of the city.
• Wide opportunities for using the premise аt the expense presence of high ceilings.
• Ability to redevelop of the premise.
• The possibility of increasing the coefficient of useful area аt the expense use of the second floor and the
basement.
• High demand for commercial real estate on the central street of the city.
• The higher rental rate on the central street of the city, in comparison with its other areas.
• Stable growth of interest on the sale of real estate in Loutraki.
• Developed infrastructure of the district.
Condition of premises and terms of sale
• The condition of the premise is very good.
In the trading hall, toilets and pantry the tenant made repairs.
The tenant does not use the second and basement floors, therefore, these premises were not repaired.
• The premise is sold on the terms the succession of the lease contract with the tenant (company «Vodafone»).
• The commission of a real estate agency: 2% of the house sales price.
How to get from Athens airport to Loutraki
Urban public transport
Surrounding attractions and the main historical monuments of ancient Greece
Sale of apartments or houses in Loutraki
Rent an apartment in Loutraki