Restaurant to let Malta: Valletta 404 sqm premises for rent with class 4D

  • For Rent
Location: Valletta, Malta
Posted: 2 years ago
Monthly Price: €6,740

Property Description

  • Ref No: 56208
  • 404 SQM
  • 3 Rooms
Description

A restaurant to let in a prime location of Valletta. With class 4D permits and rented out under the following terms:

  • Leased Area:                      Approximately 404.40 sqm (207.50 sqm indoor and 196.90 sqm outdoor)
  • Rent:                                   € 200 per sqm per annum, exclusive of VAT
  • Term:                                  12 years, divided into 4 “di fermo” periods.  Renewal of last “di fermo” period is at the landlord’s discretion
  • CAM Charge:                     € 25 per sqm per annum, exclusive of VAT
  • ADM Charge:                     € 300 per annum, exclusive of VAT
  • Security Deposit:              € 20,220, equivalent to 3 months’ rent
  • Utilities Deposit:               € 7,430, equivalent to 3 months’ bills
  • Premium:                            € 100,000 excluding of VAT, payable € 50,000 + VAT upon signing of agreement, and 108 monthly instalments of € 575.85 + VAT (including 5% interest).
Quick Information
Amenities
Sqm 
Floor 
Terrace 
Bathrooms 
Yard 

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Restaurant to let Malta: Valletta 404 sqm premises for rent with class 4D
56208

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