Shop - Commercial property for Sale

Exclusively from our office. Two ground floor stores with a total area of 75 sq.m. for sale in the Old Town of Rethymnon. The properties are located in a very central, very popular spot and have the right to outdoor space in a square. They are currently leased with limited time remaining on the lease. The new owners can either renegotiate and maintain the lease, or exploit the properties themselves. The central location combined with the very good condition of the properties - as they were fundamentally renovated fifteen years ago - turn them into an investment opportunity. The right to outdoor space adds value to real estate, as it essentially doubles the available square footage. The entire Old Town of Rethymno has been declared a historical preserved monument, so all interventions in the buildings are done after consultation with the archaeological service so that the character of the monument remains unchanged. Investing in an Old Town property is not necessarily for someone who is aiming for an immediate return on their money. It is addressed to connoisseurs of the history of the city and to people who wish to acquire special properties in important places, helping to preserve the authenticity of the areas. Nevertheless, these specific stores have a food and beverage permit and are ready for use. They are sold together with their equipment, which allows their immediate use. In any case, properties that are in such good condition, in such a central location and with the prospect of immediate exploitation are rare in the Old Town. The Old Town of Rethymnon due to the finite number of properties is considered - and is - an excellent place to put money as an investment. Property values are rising at a significant rate as new properties cannot be built while the increasing tourist exploitation of the Old Town is driving up the value of existing properties. Responsible for the listing is Mr. Konstantinos Μoullos, licenced realtor with General Commercial Registry Number (GEMI) 349607. Despite the fact that Aspis Real Estate Rethymno takes all precautionary measures to ensure that everything that is written in our classified ads is true, these are by statement of the sellers therefore we cannot accept any responsibility for the correctness of the information. In any case we offer a strong recommendation to check the information with certified professionals before any down-payment.