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Restaurant to let Malta: Valletta 404sm premises for rent with class 4D
Ref. No: 56208
- LOCATION: Valletta
- Area 404 Sq metres
- PRICE: € 6,740.00
- Longlet: Yes
- Property Sale: No
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).
About the area: Harbour
The Grand Harbour is one of Malta's most famous and historically significant locations, located in the capital city of Valletta. It’s a deep natural harbor that has been used for thousands of years, and it’s surrounded by some of Malta’s most iconic sites.
PRICE: € 6,740.00
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