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Premises Leased To Supermarket
Location: Spain
Industry: Food and Beverage > Grocery and Supermarkets




Business Summary

Premises leased to Mercadona supermarket, in southern Spain.

Total area - 2010 square meters, with private parking for 44 seats.
Mercadona - Spain's largest chain of supermarkets. The company's headquarters is located in Valencia. It is a family business. In October 2013 consisted of 1 448 supermarkets in 46 of the 50 provinces of Spain. The average area of ​​the supermarket is 1300 sq.m. Mercadona market share exceeds 22%.

Most of the southern Spanish region of Andalucia covers - a unique place on the world map, connecting the Mediterranean Sea with the Atlantic Ocean. Its natural landscape is diverse - from the chain of mountain ranges to the Mediterranean coast. The name Andalusia means ''vandals'', which arose due to the numerous attacks of the representatives of different nationalities due to the unique geographical location of the area.

Therefore, historically, that the towns and cities of the region absorbed the multicultural traditions that are reflected in all spheres of life of local residents - in the architecture, cuisine, significant events. In addition, this is an area where it is constantly carried out various festivals of flamenco, tapas and sherry, is the birthplace of famous world-wide - Picasso, Velázquez, Murillo, country of soccer and bullfighting.

Cost of the project - 4.2 million euros. The rental yield. net - 6.5% per annum. Annual rental income - 280 000 euros + VAT. The lease agreement is concluded for 30 years, until 2034. compulsory execution of the contract for 15 years, until 2019. Expenses IBI - 5200 euros per year. The documents are ready to deal. Additional information is available upon request.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2004
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Sale

Photos

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Premises Leased To Supermarket Photo 1




Print Listing Id: 700273405
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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