Restaurant with Sea Views

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). Additional Details Rooms: 3Floors: GroundKitchen: yesAirconditioning: yesCommercial: yesViews: yesViews Type: Sea ViewCourtyard / Yard: yesTerrace: yes

Room breakdown

Features