• Size:
    Undisclosed
  • Usage:
    A1, A3, B1
  • Sale Type:
    For Sale
  • Rental Income:
    €600
  • Property Type:
    Cafés
  • Auction:
    No
  • Development Opportunity:
    No
  • Investment Opportunity:
    Yes
  • Tenanted:
    Yes
  • Energy Rating:
    N/A

Freehold commercial property is offered for sale as investment in a popular residential town of Costa del Silencio in the south of Tenerife. The freehold locale has a great position at the round-about of the main street and next to a busy commercial centre of the area.

Since more than 17 years these premises have been occupied by a successful restaurant and current tenants signed a new 5 year contract in January 2012. The premises, measuring approximately 55 m2 inside are spacious and full of light and there is a private terrace in front.

This property investment will bring to its buyer a gross annual return of above 8%. The vendor will be open for sensible offers on the price.