blueshirt Posted March 28, 2006 Share Posted March 28, 2006 Looking to possibly rent a small commercial storefront in Paris. When going throughthe listing I see somthing like this...Loyer 1000 Euros/HC/mois + cession 80 000 EurosNow I understand the rent is 1000euro a month but what is this cession? Is that a one time fee? does it go to the landlord or is itgoing to the person who has the lease currently? And lets say if I decide toclose shop in a few years, do I get to ask for a cession to the person comingin, to recoup what I paid out or possible get more?? Does it kinda work likeequity? These are empty spaces so it's not like I am buying into a business.Any help is appreciated. Link to comment Share on other sites More sharing options...
tmto Posted March 29, 2006 Share Posted March 29, 2006 I believe that the cession is the cost of buying the business, so it seems odd that that they want it if the premises are empty (so you wouldn't necessarily pay this to the landlord): if you decide to close shop a few years later, you'd sell it and get back whatever your business might be worth at the time. Link to comment Share on other sites More sharing options...
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