Located in the fast growing area of Esenyurt is this spacious and tenanted shop for sale in Istanbul, complete with occupants in place and rental income for the next three years before renegotiation of the current lease agreement – this is a top investment opportunity for those looking to buy successful Turkish businesses.
- Top investment opportunity commercial shop
- 6.7% rental income per year currently in place
- Excellent location in a desired area of Istanbul
- Tenanted shop earning immediately after purchase
- Many years left on the current rental agreement
FACILITIES & LOCATION
This is a prime opportunity in a residential and business area of the city offering high foothold with thousands of commuters and shoppers passing by on a daily basis. This is one of our top commercial listings we currently offer and comes highly recommended for viewing by serious investors only – do not miss out on this shop.
About the commercial property
The property measures an impressive 1,000m2 in total size and is in excellent condition with everything in place for a successful business to be operated. Currently, the shop is occupied by a well known international clothing brand and has three years left on the present lease, after which a new lease can be negotiated. Rental return is calculated at 6.7% and can be increased year on year in line with Turkish law. For any investor who purchases this, profit is guaranteed from the offset.
Rental income potential
This is an excellent opportunity as rental return is 6.7% rising to 9% per annum within a few years. Value growth of the commercial shop is also excellent and is projected to provide a minimum of 10%+ capital growth each year.
Location in Istanbul
Located in the residential area of Esenyurt in Istanbul, this shop is one of the go-to brands for those living in the area and looking to buy clothes from a respected international brand. The location is just minutes away from public transport for moving around the city of Istanbul, while some of the best complexes in Esenyurt are within close proximity and full of year round residents and young families. Large businesses that operate out of Esenyurt can be reached in moments – simply put, the level of passing traffic and foothold in this part of Istanbul is extremely high, making it a perfect spot for a clothing shop.
For more details about commercial listings in Istanbul, as well as offers and exclusive shops guaranteeing rental income – please call or contact us to speak with our investment team in Istanbul who are happy to assist you on your search for opportunities all across Turkey. We currently have listings to meet your needs and requirements, we are happy to find a business to suit your budget.