Jump to content
Complete France Forum

Anyone know how 'cession' works?


blueshirt

Recommended Posts

Looking to possibly rent a small commercial storefront in Paris. When going through

the listing I see somthing like this...

Loyer 1000 Euros/HC/mois + cession 80 000 Euros

Now 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 it

going to the person who has the lease currently? And lets say if I decide to

close shop in a few years, do I get to ask for a cession to the person coming

in, to recoup what I paid out or possible get more?? Does it kinda work like

equity?  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

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

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...