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40150 Soorts-Hossegor 1,238 SF of Retail Space Available
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Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
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Rental Rate
| Space | Size | Term | Rental Rate | |||
| Ground | 1,238 SF | 9 Years | $24.63 /SF/YR HT-HC $2.05 /SF/MO HT-HC $30,493 /YR HT-HC $2,541 /MO HT-HC |
Ground
- Agency Fee: 7.00% of annual rent
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 | 1,238 SF | Gross Leasable Area | 1,238 SF |
| Property Type | Retail |
| Total Space Available | 1,238 SF |
| Property Type | Retail |
| Gross Leasable Area | 1,238 SF |
About the Property
TRANSFER OF COMMERCIAL LEASE RIGHTS - PREMIUM LOCATION WITH TERRACE Commercial space located in a sought-after area of Soorts-Hossegor, within a dynamic and busy environment, offering excellent visibility and strong commercial potential. Street-facing premises within a co-ownership complex. - Total area: approximately 115.32 m² - Large private terrace with exclusive use of an 8-meter frontage strip - Professionally equipped kitchen with extraction system, compliant with food service activity requirements - Fully renovated premises, no work needed - Exclusive usage rights for the common area adjacent to the premises during events such as clearance sales All types of businesses permitted, subject to compliance with current regulations. The layout of the premises makes it particularly suitable for food service businesses, restaurants, high-quality snack concepts, tea rooms, or ice cream parlors. Commercial lease renewed for 9 years starting April 1, 2024, with a very attractive rent of less than €27,000 excluding VAT per year. **Key Highlights** - Premium location with high foot traffic - Rare private terrace in the area - Renovated premises, ready for immediate use - Fully equipped kitchen with extraction system - All types of businesses permitted - Highly competitive rent for the location **Transfer Conditions** - Price for transfer of lease rights: €300,000 excluding VAT (Firm price) - Agency fees: 7% excluding VAT (8.40% including VAT), payable by the buyer Additional information and visits by appointment. **Lease Details** - Type of lease: Commercial - Duration: 9 years - Notice period: 6 months - Taxation: VAT - Index: ILC - Indexation: Every three years - Rent and charges: Monthly, paid in advance **Public Access Premises**
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Orpi - Tyrosse Immobilier Pro-PCI
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"40150 Soorts-Hossegor"
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