Superb Commercial Property For Sale in Cagliari Italy

Superb Commercial Property For Sale in Cagliari Italy

Superb Commercial Property For Sale in Cagliari Italy

Euroresales Property ID- 9825744

Property Information: 

Cagliari (Sardinia, Italy) in Flavio Gioia street (via Flavio Gioia on the map) a commercial property of 45 square meters rented by the same tenant since 2007 (therefore ensures continuity in the collection of the monthly income). The place is used by the tenant as a resale of bread, typical Sardinian sweets and other food products.

The commercial property consists of the main room (used as a selling point – open to customers), a small bathroom and a storage room; the main room is bright because it is distributed over three shop windows. The rent guarantees an annual income of euro 7.657,68 (about 7.6% of the sale value); moreover, every year it's the owner's right to evaluate the rent equal to the 75% of the ISTAT index (Italian National Statistics Institute), as expressly provided for by the lease. The property guarantees a monthly income of Euro 638,14.

The next deadline of the lease expires on August 2024; on this occasion, it's the owner's right to increase the rent or to terminate the lease (giving the notice required by the law).

The property has a valuable position with a pleasant view, with bus stops and a newsstand in front of the building; it is located a few steps from Cannizzaro street (via Cannizzaro on the map), an area with no parking problems, close to bus stops, all public services and the New Median Axis (fast road).

The property is located in an area with both high pedestrian traffic and vehicles; very close to the property there are:

-a newsstand (in front of the property, same side);

- several bus stops (Line 1), one right in front of the property, same side;

- a Church;

- a baseball field within 2-minutes walk;

- a Tax Service Center within 1 minute;

- within a 2-minutes walk, among the others, there are several kindergartens and primary schools, a hotel residence, an indoor swimming pool, the Cagliari Medical Guard.

The property is located in a highly populated residential area; it is therefore located in a busy area.

It is also perfect for those looking for a long-term investment.

Other Information :

  • Floor Space (metres squared): 45
  • Covered area (metres squared): 45
  • View: Urban, Cityscape
  • Distance from Sea: 16 mins (9,3 km)
  • Distance from Airport: 12 mins (12,3 km)
  • Distance from Golf: 9 mins (3,7 km)
  • Distance from Main Attraction: 15 mins

About the Area: 

Cagliari is an Italian municipality and the capital of the island of Sardinia, an autonomous region of Italy.Cagliari's Sardinian name Casteddu literally means castle. It has about 155,000 inhabitants, while its metropolitan city (including Cagliari and 16 other nearby municipalities) has more than 431,000 inhabitants. According to Eurostat, the population of the Functional urban area, the commuting zone of Cagliari, rises to 476,975. Cagliari is the 26th largest city in Italy and the largest city on the island of Sardinia.

An ancient city with a long history, Cagliari has seen the rule of several civilisations. Under the buildings of the modern city there is a continuous stratification attesting to human settlement over the course of some five thousand years, from the Neolithic to today. Historical sites include the prehistoric Domus de Janas, very damaged by cave activity, a large Carthaginian era necropolis, a Roman era amphitheatre, a Byzantine basilica, three Pisan-era towers and a strong system of fortification that made the town the core of Spanish Habsburg imperial power in the western Mediterranean Sea. Its natural resources have always been its sheltered harbour, the often powerfully fortified hill of Castel di Castro, the modern Casteddu, the salt from its lagoons, and, from the hinterland, wheat from the Campidano plain and silver and other ores from the Iglesiente mines.

Cagliari was the capital of the Kingdom of Sardinia from 1324 to 1848, when Turin became the formal capital of the kingdom (which in 1861 became the Kingdom of Italy). Today the city is a regional cultural, educational, political and artistic centre, known for its diverse Art Nouveau architecture and several monuments. It is also Sardinia's economic and industrial hub, having one of the biggest ports in the Mediterranean Sea, an international airport, and the 106th highest income level in Italy (among 8,092 comuni), comparable to that of several northern Italian cities.

It is also the seat of the University of Cagliari, founded in 1607, and of the Primate Roman Catholic archdiocese of Sardinia, since the 5th century AD.

Contact Euroresales Ltd for more information. 

Write a review

Note: HTML is not translated!
    Bad           Good


Recently Reduced

Property has been reduced for sale

Arrange Viewing

Book an inspection trip to view the property

Investment Property

Generate potential rental income

  • Product Code: 9825744
  • Availability: FOR SALE
  • 100,000€