Pharmacies and shops go bankrupt en masse on the sea. At the moment, there is a boom in demand for companies to lease vacant premises in Burgas, “Telegraf” writes. Some of the properties can’t keep tenants and are sitting empty for a second season, brokers said.
Among the offers are premises that were pharmacies, grocers, pet stores, tattoo studios or clothing boutiques. The premises that used to house various businesses are empty in Burgas, Sozopol, Pomorie.
The rental prices depend on the square footage, but are usually between 50 and 200 square meters, and the monthly installment for them is between BGN 400 and BGN 1,000. Among the offers is a former swimwear shop of 42 square meters in Pomorie, the price depending on the term, for which it will be taken.
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Most tenants of properties by the sea are not local, they come from Yambol and Sliven, they rent property to sell clothes or toys in the peak season and in September they return to their hometowns, brokers in Burgas told.
This is the case with most toy shops, beach accessories and even pharmacies in Sozopol. Looking for long-term tenants for apartments by the sea. There are empty three-room apartments in Burgas, which cost between BGN 800 and BGN 1,200 per month.
One of the reasons why the premises remain empty is the competition and the entry of the big chains into our resorts. Many of the vacant grocers are located next to larger grocery stores and are gradually losing customers to larger locations, developers said.
Some owners of such properties are selling them outright because they cannot find tenants to stay for more than one tourist season. This is the case of a meat shop which is close to another grocery outlet and is currently for sale for €38,000.
2023-07-29 12:25:51
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