Shop - Commercial property for Sale

Ground floor shop in the heart of the Old Town of Rethymno, area 46 sq.m., for sale This is a property located on Souliou Street and is leased until March 2026. This particular property is an excellent choice for both exploitation and personal use since its lease expires in less than a year. Its condition is excellent while the property also offers the opportunity to use an open space of 50 sq.m. in case someone wishes to use it as a restaurant. This particular property also offers the possibility of building an additional floor of corresponding square meters. Its central location allows this particular property to be used as a professional space for any use. Whether as a catering service, or for the provision of services or of course as a commercial store. The initially requested price is attractive as it is a small to medium-sized investment, which guarantees a stable income. Its excellent location and its versatility, secure the investment of the new owner's money. Its financial performance is expected to be stable for several years, while the amortisation of the money is expected to be faster than other investments of a similar size. The fact that it is located on one of the main streets of the Old Town guarantees the maintenance of its resale value in perpetuity. Investments in Old Town real estate are characterized by high acquisition value and maintenance of this price. This particular property is offered at a fairly attractive price, thus giving it the character of an investment opportunity. Responsible for the listing is Mr. Konstantinos Μoullos, licenced realtor with General Commercial Registry Number (GEMI) 3469607. 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.