🔥 Commercial property with a tenant in place and an annual yield of around 9%
A fully operational commercial property is offered for sale in a premium residential building located in the Bagrationi Street area. The property is situated on the 2nd floor and already generates stable rental income.
The premises are currently occupied by a beauty salon. A 3-year lease agreement has been signed with the tenant, with an option to extend, making this property an excellent opportunity to acquire a ready-made rental business.
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📐 Area: approximately 101 m²
🏢 Floor: 2
💰 Special offer price: $270,000
📉 Previous price: $330,000
💵 Monthly rent: $2,000
📈 Gross annual yield: approximately 8.9%
📄 Lease agreement: 3 years with an option to extend
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✨ Well-planned layout
The property has been designed and equipped for use as a beauty salon. According to the floor plan, it includes:
• a spacious shared working area of more than 52 m²
• a reception and client waiting area
• two separate cosmetology treatment rooms
• a massage room
• a room designated for a solarium
• a staff room
• utility and technical areas
A separate heating radiator layout plan has also been prepared. The layout allows the premises to be conveniently divided into treatment rooms, a client area, and staff facilities.
Although the property is currently configured as a beauty salon, it can be adapted for use as a cosmetology or medical clinic, office, training center, showroom, or another type of commercial activity.
📈 Investment potential
At a purchase price of $270,000 and a monthly rent of $2,000, the annual rental income amounts to $24,000. The property offers a gross annual yield of approximately 8.9%, excluding taxes and operating expenses.
The buyer receives a property with a completed layout, an operating tenant business, and a long-term lease agreement, allowing rental income to be generated immediately after purchase.
📍 Location: Bagrationi Street area, Batumi.