INCOME PROPERTY – 17 YEARS GAURANTEED >7% A++ TENANT RIF.n.10 – Via Caravaggio The Building for sale is fully-let to Telecom Italia S.p.A., with a residual lease term of 17 years and no possibility of early termination. Triple Net lease: ordinary expenses, extraordinary expenses (including structural extraordinary expenses), and insurance payed and managed by the tenant. Building of three floors above ground and one basement used as a telephone exchange and relative external area with antenna mast. Surface Area (GLA): 1,833 sqm Asking price: € 1,295,000 First Expiry: March 2036 Gross yield: Upon request (between 7.0% and 7.4%) Net yield: Upon Request (between 6.4% and 6.8%) The Building is part of a “Property Portfolio” composed of 38 Telephone Exchanges, located throughout northern and central Italy, fully let to Telecom Italia S.p.A.. Assets can be acquired individually, or in portfolio “clusters” (i.e. by geographical basis or lease term). For more detailed information regarding the Property and the Portfolio, please contact Realty Lab S.r.l. at +39 02 8708 4850.
The building offered for sale has two entrances, the main one from the Zucchi parking lot and the secondary from Corso Cairoli, the historic building that from 1991 to 2009 hosted the famous Reggiana discotheque Adrenaline that attracted people from all parts of Italy. It consists of: 2 apartments, one on the first and one on the second floor of about 75 square meters each, in addition to the large ground floor room of about 480 square meters, is strategically located within the Zucchi parking lot and extremely close to the University of Modena and Reggio Emilia, The permitted uses are based on the membership of the typological classes, in the specific case typological class N2 - other types and are: A) RESIDENTIAL FUNCTION a1 - Residence a2 - Residence collective (not touristic) B) SERVICE AND THIRD PARTY FUNCTIONS: Additional service functions to the residence b1 - Neighborhood business activities b2 - Public exercises b3 - Professional studies and offices in general b4 - Cultural activities; Recreational, sporting and entertainment activities without significant urban disturbance effects b5.1 - Handicrafting services for individuals, homes, production assets, companies, and vehicles limited to cycles and motorcycles b5 .2 - Production, processing and sale of foodstuffs not included in item b5.1 Technical functions with strong public competition 12 - Specialized tertiary activities with a high level of urban planning b13 - Exhibition, fair and congress activities b14 - Activities recreational, sports and entertainment with impact issues b15 - Health and welfare activities b16 - Higher education, training and research activities E) HOTEL FUNCTIONS AND OTHER FOR THE TEMPORARY STAY e1 - Hotel accommodation activities e2 - Extra-hotel accommodation activities (colonies, holiday homes, hostels for the youth) For all the planned destinations it is obviously necessary the real of the health and hygiene requirements for most of them is linked to the possibility of realizing new openings, since the building does not currently have any, this is not to be excluded a priori since in art. 4.1.5 of the RUE point 8 specifies that: "the construction of new openings in the external walls is subject to a preliminary study (based also on a historical survey) on the relationship of the full and empty spaces of the entire front interested, with relative deduction of optimal relations to be used, to be evaluated by the CQAP € 315.000 Toscano affiliate point San Pietro Tel: 0522/1711054
Private sells, Stable solid, the residential part of which is already divided into two stores and 6 housing units, the latter only partially to be reviewed, to be used after adjustment facilities to student category for 30 adequately housed university units. Possibility to separate the commercial part or alternatively is considered a partial small exchange. Estimates restoration and floor plans available after viewing reserved for referenced only. Demonable income of the building at 10% of invested capital. No intermediaries, thanks.--2182312390b81be6b530e052e6eda518!
building of 6 apartments in excellent condition all rented for many years with dry coupon contracts excellent income. NO AGENCIES. each apartment is 100 square meters with garages and basement and part of the floor. Built in 1975 in excellent condition both outside and inside.--33ab0bdf97f3718813f7ccb8025702ec!