Operating as a national Turkish bank, this is a fantastic opportunity for an investor looking for guaranteed rental income with room for negotiation every year to increase the yield further – this is one not to miss.
- Tenanted shop for sale in Bahcesehir Istanbul
- Top location within a busy local High Street
- Large rental income with long term contract
- Can negotiate price to increase rental yield
- Close to public transportation and amenities
Not to be on the market for much longer, this is a must see opportunity to buy commercial units within a desired spot of Istanbul – situated within a high street, close to the community, and turn key.
About the property
In excellent condition throughout, this property is facing towards the local high street so has easy access and exit points for potential customers and visitors. Currently operating as a national Turkish bank, the store measures 580m2 inside and is completely furnished and decorated in a modern manner.
Rental income and yield
For those wanting rental income, this unit is rented out with a long term contract in place that delivers an impressive yield of 4.5% per year. With Property Turkey’s negotiating power, this could be increased further. The rental contract also allows for yearly negotiations to increase rent in line with Turkish inflation.
Location in Istanbul
A thriving area of Istanbul, home to thousands of young families and foreigners who have moved to Turkey, Bahcesehir is a top investment spot and is the perfect location to buy commercial units. This listing is within walking distances to apartment complexes, public transportation, coffee shops, restaurants, and so much more – you couldn’t pick a better spot in a central area of Bahcesehir.
Other commercial properties for sale
At Property Turkey, we continually have our teams on the ground eyeing and searching for new commercial listings or shops for sale. If you can’t find a unit to suit your needs and requirements, please call us and let us find the right investment for you – we have hundreds of shops available in our wide range of portfolio in Istanbul.
With five years left on the current rental agreement, this is top investment opportunity for those looking to buy commercial real estate in Turkey situated in a residential area close to daily amenities and public transportation.
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