LEASEHOLD ASSIGNMENT PRIME LOCATION ON RUE MEYNADIER, CANNES
PRIME RETAIL LOCATION IN THE HEART OF CANNES
Rare opportunity to acquire the leasehold interest in a commercial premises ideally located on Rue Meynadier, one of Cannes’ best-known and busiest shopping streets.
The property enjoys excellent visibility, with a prominent street-facing shopfront and a highly sought-after position directly opposite Calzedonia.
An ideal location for a retail business, benefiting from strong pedestrian traffic and excellent exposure in the heart of Cannes.
THE PREMISES
The premises offer a total floor area of 67.72 m2 including 65.68 m2 under the Carrez Law**, and comprise:
• Main retail area with street-facing shopfront
• Fitting room
• Entrance/hallway
• Two storage rooms
• WC
• Air conditioning
The layout combines a well-proportioned retail space with practical storage areas, making the premises particularly well suited to a retail operation.
LEASE TERMS
Commercial lease:** renewed for a 9-year term from 1 October 2023 to 30 September 2032.
Rent: €3,500 incl. tax per month, i.e. €42,000 incl. tax per year, excluding charges and other recoverable costs.
Annual charges: approximately €1,200, including property tax and the household waste collection tax.
Security deposit: equivalent to 3 months’ rent €10,500.
Permitted use: footwear, leather goods, clothing and personal accessories, gifts, ready-to-wear fashion and accessories, in accordance with the terms of the lease.
LEASEHOLD ASSIGNMENT
Assignment price: €79,000 including agency fees.
KEY FEATURES
• Prime central retail location
• Rue Meynadier
• Directly opposite Calzedonia
• Excellent visibility
• Prominent street-facing shopfront
• Air conditioning
• 67.72 sqm total floor area
• Two storage rooms
• WC
• Lease in place until 2032
• Suitable for immediate occupation, subject to the permitted use under the lease
An excellent opportunity for a retail brand, independent retailer or business looking to secure a prime commercial location in the heart of Cannes.
Full details available upon request.
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