Invest in commercial property Basaksehir rental opportunity
Currently rented on a long term basis my a men’s fashion brand, this commercial property for sale in Istanbul is located in the residential area of Basaksehir and meets all the criteria for those seeking high income from businesses and shops. Opportunities like this are few and far between in Turkey, please call or contact us for any information and answers to questions you might have.
- Great investment commercial Istanbul shop
- 6.7% rental income and capital appreciation
- Superb location in a desired part of the city
- Tenanted shop with top brand occupying
- Five years on the current rental contract
FACILITIES & LOCATION
This is a prime investment in Basaksehir area of Istanbul, situated in a high foothold area capturing thousands of passers by and commuters on a daily basis. With a nationally recognised tenant in place, this is a safe, secure opportunity for high rental income in a sought after spot.
About the commercial property
This commercial shop is in top condition and is has been operating as a fashion brand for men for numerous years to large success. The shop is large in size and is fully operational for multiple business use should the tenant change in the future. The current tenant provides a rental return calculated at 6.7% per annum, rising each year with negotiation – there are five years left on the contract, providing the buyer with income immediately after the completion of the purchase process.
Rental income potential
Rental return is 6.7% currently and will rise to at least 10% per annum within the next couple of years of ownership. Value growth of the property is also expected to deliver a huge 10%+ capital growth each year for the owner.
Location in Istanbul
This listing is found in Basaksehir area on the European side of Istanbul. Basaksehir is a highly residential and upcoming district currently undergoing a wave of regeneration and development. Basaksehir is home to young families and those living and working in the city centre, providing thousands of potential shoppers on a daily basis. Some of the best family complexes and public transportation is just minutes away – in terms of location for a men’s brand, you couldn’t find a better placed spot for a shop in Istanbul.
For details about buying real estate in Istanbul or other areas, please contact us to speak with our team of investment advisors who are happy to help you and showcase latest offers and exclusive listings you won’t find elsewhere on the web – we are happy to find a business to suit your needs and budget requirements. We have listings all across the country, providing the suitable shop.