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Right to lease in the Carré d'Or

1/15
1,500,000 €
Droit au bail Carre d'or
Monaco, 5, av. Princesse Alice - Carré d'Or
1,500,000 € Droit au bail Carre d'or
Description

A SET OF PREMISES for use as a shop, located on the ground floor and the rear courtyard level of the building, and composed as follows:

  1. A shop on the ground floor, facing Avenue Princesse Alice.

  2. A premises on the rear courtyard level, beneath the above-mentioned shop, with a surface area of approximately forty square metres, accessible both via an internal staircase within the shop and via an access door opening onto a common passageway on the building’s ground floor.

The said lease was granted for a term of three, six, nine years starting from 1 October 2015, and thereafter renewable by tacit agreement in accordance with the provisions of Law No. 490 of 24 November 1948, as amended:

  • for the operation of a business involving the retail sale of products for animals, grooming salon, and the sale by transit—exclusively on order—of small-breed pedigree dogs, without boarding or on-site breeding.

  • in consideration of the payment of an initial annual rent of €67,850, plus service charges of €180 per quarter, payable in advance by calendar quarter, indexed according to the BT01 index, currently at 132.1.

Features
Reference:
Droit au bail Carre d'or
Type of property:
Transfer of lease rights
Contract:
Sale
Price:
1,500,000 €
Position
District:
Carré d'Or
Building:
Palais Saint James
Address:
5, av. Princesse Alice
Map
Monaco - 5, av. Princesse Alice
Additional options

This document does not form part of any offer or contract. All measurements, areas and distances are approximate. The information and plans contained herein are believed to be correct, however, their accuracy is not guaranteed. The photographs show only certain parts of the property at the time they were taken. This offer is subject to change of price or other conditions, without prior notice.

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