Vevey, Vaud 1800

Located in a historic building from the beginning of the 20th century, located on the Lac shopping street in Vevey, this arcade of about 230m2 is currently rented to a renowned insurance company. Completely renovated in 2017/2018, it has two levels (duplex) and the typology is pleasant. The current rental allows a gross return of about 5%. However, a rental reserve exists in the event of a change of tenant. Two private cellars complete this surface. Current monthly rent: CHF 5, 000 incl. two cellars. Annual rent: CHF 60, 000. Price of the commercial space: CHF 1, 200, 000 Yield with current rent: 5% Rental reserve: Rent at CHF 5, 950 x 12 months = CHF 71, 400 = 5.95% gross Situation Ideal in the city and in the immediate vicinity of transport, shops, schools, etc. Access Access via the Rue du Lac, via the market square. Shops Shopping street adjacent to the building. Small shops and restaurants in the pedestrian streets in the heart of the city. Shopping malls in the immediate vicinity. Transport Rail: Vevey station for Lausanne-Geneva airport, Montreux-Martigny-Sion, Lausanne-Fribourg-Bern-Zurich. Bus: Vevey-Montreux-Villeneuve line and several networks for nearby villages. Boats: CGN departure and arrival for several destinations around Lake Geneva. Construction Monument of regional interest. Basement Cellar and technical rooms. Commune Vevey is located in the heart of the Vaud Riviera, on the shores of Lake Geneva. It is a place to stay par excellence, the beautifully flowered quays adorn the city. Peaks to be discovered thanks to comfortable little mountain trains. Called City of Images, it is cultural. Indeed, theatres, cinemas, museums and performance halls enrich the place. The market square is known far and wide, as it hosts the famous winegrowers' festival every 25 years. Shops, boutiques and restaurants embellish the pedestrian streets. The cities of Montreux, Lausanne and Geneva are directly accessible by rail. It's good to live in Vevey For more information on the town, visit the website: www.vevey.ch