PROPERTY FEATURES
Asking price
€ 590.000
Rent P.A.
€ 40.000
Size
211 m2
Yield
6.8 %
SOLD

Hoofdstraat 118, Apeldoorn, The Netherlands

Property Description

For sale is a leased retail space of in total 210.97 m² lettable space divided over three floors, located in the center of Apeldoorn at Hoofdstraat 118. The Hoofdstraat is the main artery of the shopping center and houses many national and international chains, including Zara, H&M, Rituals and Esprit.

The retail space is leased to retail chain Le Ballon. Le Ballon has over 30 years of experience in the clothing and shoe sector and has a well-known name in the Dutch retail landscape with eleven branches.  The retailer has been renting since 1 November 1985 and uses the first floor and mezzanine floor for the sale of goods and the second and third floors for storage and office space. The total rent amounts to EUR 40,000 per year plus VAT. The expiration date is October 31, 2025.

The shopping center of Apeldoorn offers next to the (inter-) national stores also space for local entrepreneurs. There are also several restaurants and delicatessen stores and it is possible to store under cover in the Oranjerie Shopping Centre and the Korenpassage. In the center there are five covered parking garages and it is possible to park on the street. The train station is approximately 450 meters away and several bus stops are located within three minutes walking distance. 


Map
Hoofdstraat 118
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