Property descriptionBIRKIRKARA - A freehold property currently holding a catering outlet with a Class 4D permit issued in accordance to all health and safety criteria, holding all PA permits and MTA licences. The property has been stripped down to shell format and totally refurbished in 2018. The property is currently under contract for a 3 year 'Di Fermo' period (since October 2018) with an option for the tenant to continue the lease for the following 7 years. It is situated at ground floor level with and additional second entrance to the property. The property is currently being rented out at €65 per day with incremental rental amounts throughout the contract period. This is a plug and play rental investment which has a fantastic return with an ever-increasing property value.
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Birkirkara is a town located in the Central region of Malta and has always been the most populated town dating back to the 14th century and is still the most populated town with 22,247 people (correct in 2014) in an area of 2.7km² making this a very densely populated town. The town is divided in… read more »