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Commercial Premise Leased
Location: Spain -> Barcelona
Industry: Real Estate > Other Real Estate

Business Summary

A commercial premise leased to a famous supermarket in Barcelona.

The new premises, total area of ​​3 883 sq.m. + Parking for cars, an area of ​​1 434 sq.m. Total - 4 978 sq.m. Delivery of the object - 1 quarter of 2018.
The supermarket is located in the densely populated area of ​​Barcelona.
The cost of the property is 3 800 000 euro. The lease contract with the leading brand among supermarkets was concluded from 01.06.2017 for 50 years, until 2067. The contract of compulsory execution is 15 years and is valid until December 2032. The annual rental income is 228,000 euros + VAT. Rental profitability - 6% per annum. Communal expenses and IBI are paid by the tenant. Annual IPC indexing. The average cost per square meter in this zone is 1,800 euros. The documents are ready for the deal. Additional information is available upon request.


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:  2017
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease


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Commercial Premise Leased Photo 1

Print Listing Id: 700279113
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