Commercial space in the center of the city.
Description
6 floors + ground floor with a total area of 1,044 m².
Absolute annual income is 1,000,000 €.
Current yield: 5%.
Currently rented from 27/10/2014.
The 1st lease term ends 26/10/2026.
Brokerage fee 3% + VAT.
The property is located in the center of Milan, 120 meters from Cathedral Square.
Milan is the center of the Lombardy region, Italy's second largest city, the country's largest industrial, financial, commercial and transport hub, an important cultural center. The population of the city is more than 1.3 million people.
The city is famous for its museums, art galleries, theaters, monuments of architecture, educational institutions.
There are many financial and trading companies (Pirelli, Telecom Italia, Alfa Romeo) in Milan; industrial enterprises are located in the suburbs. The fashion houses and clothing industry copanies (Giorgio Armani, Gianni Versace, Dolce & Gabbana, Prada, etc.) are world famous and located in Milan.
