Shanghai street shop with 1st floor, 130 million changed hands

The ground floor area is about 900 square feet on the ground floor, with a total floor area of about 2,900 square feet, totaling about 3,800 square feet, about $ 130 million, and about $ 34,000 in foot price.

Shop by the restaurant to 394,000 yuan per month rental, the rate of return of 3.6%. The shop was originally held by the senior investor Li Yongtao, in 2003 only about 18 million yuan to buy, is a substantial profit of about 112 million transfer, the shop appreciation of more than 6 times.