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Puerto de la Cruz - Freehold Leather Good Shop
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Ref: Finder 863T
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Area: North
Tenure: Freehold
Price: € 255,000 (approx £ 175,192)
Other:
Good investment potential.
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Freehold investment comprising three adjoining locals trading successfully for 21 years (and still is) as a quality ‘Leather Goods Shop’ but also suitable for just about any other ‘Retail trade or Showroom’.
Excellent location in a pedestrian shopping centre to the up market area of Puerto de la Cruz known as ‘La Paz’. Only for sale as the owners wish to retire.
28m2 outside, surrounded by plants. Not used at the moment.
130m2 interior with two of the locals used as the shop and the third as a store room and office. This local is connected to the main shop and has the advantage of a back entrance and terrace, thus facilitating the delivery of stock.
Well stocked with leather hand bags, shoes, belts, etc. Glass shelving all around the shop and 3 large display counters plus 2 glass cabinets to the centre.
Television, electronic till, staff cloakroom.
The stock could be purchased separately if required.
COMMENT:
Obviously successful run as is, but also an excellent investment potential by dividing the premises back into 3 locals and renting them out separately, say for 750/1,000 euros each per month for example, providing an index linked income return far greater than any bank could pay in interest.
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