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Updated: 06-06-2011 Investment on Golden Mile - 1284
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Description
Rare opportunity to buy as investment freehold commercial premises on the “Golden Mile” in the South of Tenerife. The Golden Mile connecting Los Cristianos and Playa las Americas is a prestigious commercial area full of shops offering top brands, stylish cafes and famous restaurants. The street is surrounded by five star hotels and is situated very close to the famous beaches of the south.
The premises are currently rented out and the new rental contract has been signed just recently. This investment will generate a return of about 8% annually.
Are you looking for secure and lucrative investment? Then this commercial premises in the most sought after and prestigious area in the south of Tenerife is a definite winner. Contact us for more details.
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See Also
| | Including the extraction are in place
Considering the busy shopping location this property would be also a good choice for a retail business such as clothes or shoe shop, china shop or as a large office.
Are you planning to build your business up from scratch and are looking for ... |
| | Salon.
Alternatively the premises can be used for different purposes such as office, hairdresser salon, doctor’s practice or even a small bar or a private club. In the past the premises used to host one of the famous local small disco-pubs and later on – a successful ... |
| | Other overlooking the beach and offering breathtaking views over the Atlantic Ocean.
Currently these commercial premises are occupied by a successful restaurant and the rent is paid punctually month by month generating for the freehold owner an annual return of over 5%. With lots of passing ... |
| | M2 are very well equipped and in line with the latest regulations. Furthermore there is a cosy terrace in front and an additional storage premises of 45 m2 at the back.
The restaurant has a large following of local residents and returning tourists who appreciate delicious Indian food and ... |
| | Covered terrace. Inside space is clever separated in 2 areas, one of which is a roomy bar where the guests can enjoy their aperitifs or just have a chat. The bar area then leads further to the restaurant room welcoming about 30 guests at a time for their delicious meal. There are 3 toilets, ... |
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