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Businesses For Sale   >>   Italy Businesses For Sale

Building In The Heart Of Rome

Location  Italy
Asking Price Range  > $35.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  1900
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned

Description  
The building for sale is located in the heart of Rome, at walking distance from all business, governmental and monumental main buildings of downtown Rome. In particular the Parliament is 75 meters away from the asset and Via del Corso, one of the main commercial street of Rome, is just 50 meters away. Gross Area is 13,006 sqm. The building is currently used by Telecom Italia to host their switch equipment (exchange centre) serving central Rome users. Contract is expiring in 2021. - Strategy is to negotiate an early exit with Telecom Italia, given that they need only a small part of the building, and fully refurbish the building in order to convert it to a top-quality residential and retail use.


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