FACILITIES & LOCATION
Located in the regenerating Basaksehir area of Istanbul, this commercial listing is found in a residential spot surrounded by young families and permanent residents, making it a great option for investors buying rental income from the moment the purchase process has been completed.
About the commercial property
Occupied on a long term contract by a world renowned fast food restaurant chain, this shop is recognised instantaneously and has a long six years left on the tenancy contract – providing the buyer with years of income. Rental income is currently returning 6.25% per annum with yearly increases allowed by Turkish law. The property is large in size and has been kept in excellent condition throughout, keeping in line with the standards of an international brand – everything is in place and ready.
Rental income potential
One of the main reasons people buy commercial property is the rental return, and this shop is currently delivering around 6.25% per annum for the current owner, income that will rise to around 10% within a few years. Value growth is also excellent and is expected to deliver 10%+ capital growth each year.
Location in Istanbul
Basaksehir is located on the European side of Istanbul and is fast growing, experiencing a wealth of regeneration in recent years to become a top spot for young families and those living with children. This shop is just minutes away from some of the best residential sites and complexes within the district, providing thousands of potential customers and passing traffic on a daily basis. Public transport is readily available for those commuting and working in the city centre, while businesses themselves are all within close proximity – simply put, the location is ideal for investing in a shop of this standing and historical appeal.
Contact us for complete information about commercial listings for sale in Istanbul – our full professional team are happy to answer any questions you have about running a business in Turkey. We currently have access to several commercial shops across Turkey, ranging from small shops to large commercial units – enquire for all details and let us find the ideal commercial listing for you today.
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