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Next to the E-5 Highway, this successful coffee shop would make for a smart investment for those looking for commercial opportunities in Istanbul – located in Kartal just minutes away from busy high streets and public transportation, this is a top pick.
- Commercial coffee shop for sale in Kartal
- Superb location within residential building
- Ideal for Turkish Citizenship Investment
- Residential area close to transportation
- Long term tenant for high rental prospects
FACILITIES & LOCATION
Located in a residential and highly popular area of Istanbul, this coffee shop is found in Kartal and is a favourite amongst the local community with regulars returning on a daily basis for a fresh cup of coffee and hot food.
About the shop
The shop is located within a high quality housing complex in Kartal. The project consists of 236 flats in total – providing a pool of hundreds of potential clients and customers. The site has a retail area built across two floors with 12 shops – including this one. Apartments on the higher floors have lovely views heading out towards the Marmara Sea.
Currently operating as a coffee shop, this store is rented out on a long term basis and has a 25% profit and buy back guarantee in place. The Title Deed is ready, and this business would be suitable for those looking to obtain Turkish Citizenship by means of investment – contact us today for more information about that.
The rental price per month for this coffee shop is 9,250TL, resulting in a yearly yield of 6% or 111,000TL. This is an impressive yield for this area of Istanbul and could even be increased further using Property Turkey’s negotiating skills with laws in place allowing for yearly rental increases.
Location in Istanbul
On the Anatolian side of Istanbul, this shop is found in Kartal and is next to the E-5 Highway with thousands of potential customers driving past on a daily basis. A residential area, the shop is a favourite within the community and is just a short walking distance away from local high streets, restaurants, supermarkets, and public transportation. Sabiha Gokcen Airport can be driven to within minutes – the location is ripe for investment.