The sudden closure of Habitat on Avenue Saint Charles in 2023 has created an opportunity for a new business to occupy this prime 600m² location. The space is still available, but the deadline for applications by prospective tenants that was set by the Mairie de Monaco is approaching fast, with submissions closing on 31st October.

As reported by Monaco Life in July, the building where retail shop Habitat once resided is up for grabs.

The impressive premises and its annexes cover just over 600m² and include a 497m² space on the second floor, suitable for commercial enterprises, a 7m² entry-level window front, and 81m² of shared underground storage.

A location this large is a rarity in the space-strapped Principality, making it an incredible opportunity for an expanding company or large retail outlet. All businesses, except catering activities, will be considered for the address by the Mairie de Monaco.

Those interested in taking over the lease have until 31st October—extended from the prior deadline of 23rd August—to apply. Applicants will need to provide details such as nationality, the quality of the application file, local business interest, compliance with conditions, professional experience and financial solvency.

The lease term is seven years and will run at €305,000 per year, including taxes.

For more details, to apply, or to see all terms and conditions, click here.

Read related:

Monaco business opportunity: former Habitat premises available to new tenant

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Photo credit: Mairie de Monaco