Enjoying a hugely impressive rental yield of 6% per annum, this commercial shop is located on a busy high street in Bahcesehir area of Istanbul and measures 1,600m2 inside – what more could you want?
- Tenanted commercial shop in Bahcesehir
- Top location within a busy local High Street
- Excellent rental income and long term contract
- Can negotiate price to increase rental yield
- Close to public transportation and facilities
Turn key and providing a healthy income already, this shop is found within a popular high street area of Istanbul and is highly recommended for viewing – it won’t be on the market for much longer.
About the property
This supermarket is facing towards the high street and has easy entry and exit points for customers. In excellent condition, it is operating as a high end supermarket and measures a huge 1,600m2 in total. The shop is fully furnished and has been looked after impeccably by the tenants. It is a go-to market for families doing weekly groceries in Bahcesehir.
Rental income and yield
For buyers wanting high rental income, this shop is presently rented out with a long term contract in place delivering an annual yield of 6%. With Property Turkey’s negotiating skills, this could even be increased. The contract also allows for yearly negotiations to increase the rent paid in line with inflation.
Location in Istanbul
A favourite for locals and young families, Bahcesehir is a bustling district of Istanbul that is home to shopping malls, private schools, universities, and excellent access to highways and public transportation for commuting options. This shop is situated on a busy high street and is within walking distances to some of the most impressive apartment projects in the region.
Other commercial properties for sale
At Property Turkey, we have access to hundreds of commercial properties and units for sale all across the city of Istanbul. If you can’t find something to suit your needs or budget, please call or contact us and let us find and source the perfect commercial shop for you – we have a dedicated team constantly on the ground looking for new units to add to our portfolio.