A local favourite, this branded restaurant is situated within a popular shopping mall in Eyup and has a long term international tenant in place – a great pick for a smart investor seeking a turn key readymade business in Istanbul to buy.
- Istanbul commercial property for sale in Eyup
- Amazing location within a busy shopping mall
- High rental income from a long term contract
- Can negotiate overall price to boost rental yield
- Close to amenities and public transport buses
FACILITIES & LOCATION
This is a must see opportunity to buy a commercial restaurant in Istanbul – recommended for viewing as one of our top picks in the city.
About the commercial property
Sized 123m2, the restaurant is within a shopping mall and is completely visible to shoppers, with lots of customers all day. Inside, the unit is completely furnished and is kept in top condition by the current renter – everything is branded and of the highest quality from top to bottom.
Rental income and yield
If you are seeking rental yields, this is a top pick as it is currently rented out on a long term basis with a contract in place. The property delivers a yield of 5.2% per year currently, and with some negation on the price, can grow further. Rent in Turkey can also be increased yearly in line with inflation and Turkish law.
Location in Istanbul
Eyup is a highly residential and sought after area of Istanbul, suitable for raising children and a favourite amongst middle class Turkish families living in the city. Eyup is close to the TEM Highway for easily moving around the city, while Metro and Metrobus access gives options for those using public transport. The location makes it a perfect spot to invest in a restaurant with thousands of potential customers and families just minutes away.
Other commercial properties for sale
Property Turkey is constantly on the ground in Istanbul looking for new commercial units and shops for sale throughout the city. If you can’t find what you are looking for here, please call or contact us to speak with our team of experts who are happy to assist – we are confident we can find something to suit your budget and investment requirements.