Commercial in Paris 13e Arrondissement , Paris , Paris Isle of France

The space is distributed as follows:
LOT N° 1 - On the ground floor, to the right of the entrance of the building: restaurant with dining room and kitchen, entrance through the vestibule of the building.
In the basement: WC - Storage room - Cloakroom - Clearance and the 1812/10000ths of the general common areas.

THE BUILDING:
This building appears to be in good working order and undergoing regular maintenance. Access to the common areas of the building is from the street by a single wooden door, secured by a digicode and opening onto an entrance hall, with wall-mounted mailboxes, serving, on the right, the studied premises, the staircase is located at the rear of the premises. The studied premises has a private access, by a single wooden door.

EXPOSURE
■ North of rue de Tolbiac

GENERAL AND INDIVIDUAL INSTALLATIONS
■ Water / Electricity
■ Heating by electric convectors (individual system)
■ Natural ventilation system by duct
■ Individual hot water by electric cumulus
■ Fittings and equipment specific to tertiary operations (merchant)
■ Digicode

COMMERCIAL PREMISES IN PARIS The market for commercial premises is very specific. Purchases are made either by users, the price offered depending on their financial capacity and the suitability of the premises for their business, or by investors who are mainly interested in occupied premises providing a more or less secure income. In the latter case, the valuation is made by applying a rate of return or capitalisation to the actual or potential income generated by the property. This rate varies according to the quality of the real estate asset, the functionality and modularity of the premises, and the possibility of conversion or enhancement of the property in the event of the departure of the tenant in place. It also varies according to the conditions of the current lease, namely the quality of the tenant, the main clauses of the lease, the level of the rent payable and the financial context (level of interest rates). In addition to the location, which is always the predominant factor for the establishment of a shop, the size of the premises, the surface area on the ground floor, the traffic flow, the visibility and the window display are equally decisive elements in the choice of a premises.

In Paris, except in times of upheaval such as those currently taking place due to the economic crisis, the market rental value per weighted square metre of shop space is currently around €300 to €400 excluding VAT/sqm/year for "small" commercial situations (secondary and low-traffic roads, poor visibility), around €500/sqm/year for locally commercialized streets and between €500 and €3,000/sqm/year for renowned streets or those with good local commerciality. Much higher values can be found for prestigious addresses (No. 1 routes) or in the case of convenience values. This is particularly the case for national or international brands wishing to establish themselves in specific sectors and which are likely to pay much higher rents than those possible for local traders or craftsmen. We regularly observe a strong attraction of investors for the most qualitative properties with the best locations, particularly on the No. 1 axis.

13th arrondissement - Walk in the heart of innovation in the 13th arrondissement in the south-east of Paris, along the Seine proudly displaying an ultra-modern district called "Paris Rive Gauche". This new suburb, combining architectural prowess (La Cité du Refuge by Le Corbusier, etc.), rehabilitated factories (Grand Moulins de Paris, etc.) and digital technologies (Station F, etc.), was born of a large-scale urban planning operation aimed at rehabilitate former industrial land. Criss-crossed by the river, the railway lines of the Gare d'Austerlitz and the avenue de France, Paris Rive Gauche is the playground of ambitious architectural projects that have given the 13th arrondissement a whole new profile and house the higher education schools of engineers, Arts et Métiers and Télécom ParisTech… It is close to the Butte aux Cailles with its cobbled streets and its many restaurants, cafes and nightlife, preserving a village atmosphere within Paris, the bustling Chinatown district and its celebration of the New Chinese in Paris, the Manufacture des Gobelins and the modernist Place d'Italie...
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Co-owned building of 1 units
Provisional annual charges: 2569€

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Information about risks to which this property is exposed is available on the Géorisques website : https://www.georisques.gouv.fr