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34000 Montpellier 753 - 1,507 SF of Space Available
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SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
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RENTAL RATE
| Space | Size | Term | Rental Rate | |||
| - | 753 SF | Negotiable | $29.68 /SF/YR HT-HC $2.47 /SF/MO HT-HC $22,362 /YR HT-HC $1,864 /MO HT-HC | |||
| - | 753 SF | Negotiable | $29.68 /SF/YR HT-HC $2.47 /SF/MO HT-HC $22,362 /YR HT-HC $1,864 /MO HT-HC |
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Rental Charges: $0.56 /SF/YR $0.05 /SF/MO $419.29 /YR $34.94 /MO
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Property Tax: $1.16 /SF/YR $0.10 /SF/MO $873.52 /YR $72.79 /MO
- Space is in Excellent Condition
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Rental Charges: $0.56 /SF/YR $0.05 /SF/MO $419.29 /YR $34.94 /MO
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Property Tax: $1.16 /SF/YR $0.10 /SF/MO $873.52 /YR $72.79 /MO
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,507 SF | Property Type | Retail |
| Total Space Available | 1,507 SF |
| Property Type | Retail |
ABOUT THE PROPERTY
Magnificent shop located at the Flower Market Square, a commercial unit with approximately 140m² of usable space (120m² under Carrez law) + basement. **Configuration:** The premises are spread over 2 levels (ground floor of 70m²). The ground floor is ERP-compliant and provides access to an interior courtyard (ideal for employee breaks). This commercial space includes: - **Ground floor:** Reception area + 2 spaces that can serve as retail areas or offices, a meeting or client reception room for more confidential discussions, and a fourth room providing access to the upper floor. - **1st floor (non-ERP-compliant):** A meeting room, a rest area/staff facilities, a restroom, and 4 adjoining office spaces. **Features:** - The premises feature 2 large, beautiful display windows on the ground floor. - The shop was completely renovated at the end of 2018 and early 2019 with high-quality materials and finishes. - The space includes several semi-glass partitions, offering great modularity. - Reversible air conditioning. - No water heater. **Additional Information:** - The owner prefers commercial or professional activities other than restaurants or bars. - The premises are currently occupied but can be vacated as soon as a new tenant is identified. **Rental Terms:** Two options are available: 1. **Lease with key money:** - Key money: €50,000 - Monthly rent (excl. VAT and charges): €3,200 2. **Pure lease:** - Monthly rent (excl. VAT and charges): €3,900 - Condominium charges: €60 per month - Annual property tax (borne by the tenant): approximately €1,500 - Transaction fees: 15% incl. VAT of the annual rent (excl. VAT and charges). **Professional Opinion:** This is a rare opportunity in this area, where most premises are rented through word-of-mouth among merchants. Prime location, ideal for a commercial activity such as a bank, insurance office, or professional services like an architect's office, law firm, or medical/paramedical professions. The key money is justified by the high-quality renovation and the excellent condition of the premises, which can perfectly adapt to your needs or concept.
Presented by
Pierre Et Patrimoine
"34000 Montpellier"
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