FACILITIES & LOCATION
This is a fully turn key operation with the new owner not having to do anything in order to earn income immediately. This lounge restaurant is located in a residential area of Basaksehir and is within minutes to public transportation and thousands of potential customers every single day.
About the property
The property has been furnished and designed in a luxury manner from top to bottom – it is fully operational. High ceilings create a sense of added space, while there is a separate lower and upper level for VIP guests and small parties. There is an outdoor hookah lounge where visitors can relax and spend time with their friends. This business is busy throughout the week and extra popular on the weekends with the shisha lounge regularly packed full of people.
Rental income
The property has a long term tenant in place guaranteeing a healthy income stream and rental yield for a new buyer. With Property Turkey’s negotiating power, the yield could be improved further as Turkish law allows for yearly negotiations of rent in line with inflation in the country.
Location in Istanbul
A residential area home to local Turkish families and young professionals, this lounge restaurant is located in Basaksehir and is within easy walking distances to several projects and apartment complexes providing a pool of thousands of potential customers. Basaksehir offers easy travelling possibilities throughout the city of Istanbul with Metro, Metrobus, and Highway accessibility.
Commercial property for sale
If you are looking to invest in commercial units in Istanbul, please call or contact us to speak with our investment analysts who are happy to assist you and help you find the perfect unit to suit your budget and needs.
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