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34070 Montpellier Retail Condo Unit Offered at $79,645
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Description
COMMERCIAL PROPERTY FOR SALE — TOURNEZY — LEASED PROPERTY — 10% YIELD — 26 SQ. M — €70,000 EXCL. TAXES Located in the heart of the Tournezy business district (ZAC Tournezy), we are offering for sale these leased commercial premises of 26 sq. m (as per Carrez law), providing an exceptionally attractive gross return. The property is currently leased to an independent neighborhood grocery store (open 7 days a week from 9 AM to 10 PM). Functional and well-equipped space: anti-breakage storefront, electric metal shutter, reversible air conditioning, restroom with water point, water heater, and washing machine connections. Configuration: - One main area used as a sales floor - One restroom with water point at the back (separate room) - A small storage area for dry goods An asset generating a gross yield close to 10%. Lease terms and conditions: - Commercial lease: 3/6/9 years - Lease start date: 04/01/2026 - Lease end date: 03/31/2035 - Annual rent (excluding charges): €6,840 - Monthly rent (excluding charges): €570 - Monthly provision for charges: €50 (includes property tax reimbursement and co-ownership charges) - Rent not subject to VAT - Annual rent indexation: ILC (4th quarter 2025 index: 134.62) - Security deposit: €1,140 (equivalent to 2 months' rent excluding taxes) - Annual co-ownership charges (including water consumption): €432 - Annual property tax for 2025: €438 - Annual landlord insurance (PNO): €110 Sale price (including agency fees): €70,000 Professional's opinion: This property is ideal for an investor with a modest budget seeking a rare and attractive yield in the Montpellier metropolitan area. Find our full range of listings at: Information on risks associated with this property is available on the Géorisques website: www.georisques.gouv.fr
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | Property Tax | $1.96 /SF/YR |
| Agency Fee | 10.00% of sale price |
| Sale Type | Owner User |
| Agency Fee | 10.00% of sale price |
| Property Tax | $1.96 /SF/YR |
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 279 SF | Retail | $79,645 ($285.47/SF) | - |
-
| Unit Size |
| 279 SF |
| Condo Use |
| Retail |
| Price |
| $79,645 ($285.47/SF) |
| NOI |
| - |
-
| Unit Size | 279 SF |
| Condo Use | Retail |
| Price | $79,645 ($285.47/SF) |
| NOI | - |
| Sale Type | Owner User |
| Agency Fee | 10.00% of sale price |
| Property Tax | $1.96 /SF/YR |
Property Facts
| Price | $79,645 | Total Building Size | 280 SF |
| Unit Size | 279 SF | Property Type | Retail (Condo) |
| No. Units | 1 | Sale Type | Owner User |
| Price | $79,645 |
| Unit Size | 279 SF |
| No. Units | 1 |
| Total Building Size | 280 SF |
| Property Type | Retail (Condo) |
| Sale Type | Owner User |
Presented by
Pierre Et Patrimoine
"34070 Montpellier"
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