A new commercial space, leased, a major German network TEDI, in Barcelona.

The total area is 604.75 sq.m. TEDI is a large German network of non-food consumer goods stores: in the range of gifts and decorative items, toys, stationery, holiday attributes, tools, pharmacy products. To date, the company, established in 2004, has about 1,500 subsidiary companies in such European countries as Germany, Austria, Slovenia, Slovakia, the Netherlands and Spain, which makes it the leader in this segment of the market.
The premise is located in the sought-after area of ​​the municipality of Sant Joan Despi, Barcelona (20 minutes from the center of Barcelona).

The cost of the object is 700 000 euro. The lease agreement is concluded for 15 years, from 2017. 3 years - the period of compulsory execution, it is possible the contract termination at the end of each subsequent three-year period with notice for six months. The annual rental income is 42,000 euros + VAT. The profitability of the object is 6% per annum. Profitability of investments with attraction of bank financing - 9% per annum. The documents are ready for the deal. Additional information is available upon request.