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Delicatessen Store For Lease
Location: Spain -> Barcelona
Industry: Retail > Other Retail




Business Summary

The premise, leased to a delicatessen store, in Barcelona. The total area is 240 sq.m. The building was built in 1998. The room is located in the Eixample Esquerra area. The room is located in a densely populated area of ​​the district, on the street with many restaurants and shops. The area of ​​the Eixample Esquerra (Nova) is 133.8 hectares. The population of the region is 57.7 thousand people. The population density is 883 people per hectare. The cost of the property is 600 000 euros. The annual income is 42,000 euros. The monthly income is 3,500 euros. Profitability (gross) - 7% per annum. The lease agreement is concluded for 15 years, from 2018. The period of compulsory execution is 5 years. The tenant pays the expenses. The selling price per square meter of this object at the moment is 2,500 euros. The sale price of commercial premises in the zone where the facility is located is from 1 890 to 3 100 euros per square meter. The average rent of commercial premises in this area is from 8.20 to 14 euros per sq.m. per month. The rental price of this property is 14.58 euro per sq.m. per month. The documents are ready for the deal. Additional information is available upon request.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2018
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

Photos

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Delicatessen Store For Lease Photo 1 Delicatessen Store For Lease Photo 2




Print Listing Id: 700315944
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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