• Business for sale Principality Of Monaco, Carré D'or

SOLE AGENT - K11 CONCEPTSTORE UNIT

COMMERCIAL PREMISES
Building « Park Palace », 31 Avenue de la Costa– 98000 Monaco
Facing the Casino gardens under the « Arcades du Park Palace ».
Surroundings : CARTIER, DIOR, LOUIS VUITTON, LANVIN, SONIA RYKIEL, CIRIBELLI, CHANEL, CELINE, MONT BLANC etc…
Proximity : ESCADA, ESCADA SPORT, JEAN JACQUES (Brioni, Kiton, Loro Piana), ATMOSPHERE (Multimarques, Sergio Rossi, Bottega Veneta, Jimmy Choo, Marc Jacobs, Tod’s)etc…

SURFACE AREA
Ground floor : « Commercial » +/- 43sqm.
Basement : « Commercial, Stockroom, Kitchenette and WC » 112sqm, (ceiling height 2.25m).
Independant stockroom : 81sqm.

FRONTAGE
Angle frontage +/- 15 linear meters.

PURPOSE
Commercial premises: A commercial use, the sale of all products and articles relating to the art of clothing, shoes, accessories for ladies, men and children, as well as articles for the younger clientele, jewelery, trinkets, perfumes, fashion and travel accessories and all fashionable and prestigious objects and small accessories.
Independant stockroom : Used as a stockroom, office and show-room.

LEASES
Commercial premises : 3, 6, 9, year lease (From 15/04/09 to 15/04/18).
Independant stockroom : A lease for one year renewable for the same duration at the discretion of the parties unless notice is given three months in advance by registered letter.

RENTS
Commercial premises : The annual rent before tax, charges not included is presently 245 000,00 € + 9.200€/Year service chages.
Independant stockroom : The annual rent before tax, charges not included is presently 30 000,00 € + 800€/Year service charges.