Commercial property 2 600 m² in Valencian Community, Spain

Spain
Archive cost €5,50M
Sold or out of date
Updated at: 30/04/2021

Location

Country: Spain
State: Valencian Community

Property parameters

Total area: 2 600 m²

Description

The total area of ​ ​ the supermarket is 2,100 m2 + 500 m2 - a specialized warehouse. There is also an underground parking for more than 100 places with a total area of ​ ​ 3,500 m2. The building was specially built by a tenant, which is a large chain of Spanish supermarkets Mercadona (Mercadona) and with whom the owner of the site signed a long lease contract for a period of up to 2035 with the obligation to stay and pay all the costs of its maintenance. The rent for the first year of operation (2015) amounted to EUR 420,000 + VAT. The total annual profitability of this real estate object is more than 7.5%. The sale of the plot is associated with the desire of the owner to prematurely settle with the bank on existing financial encumbrances (mortgages). In addition, it is possible to redeem the existing loan for the purpose of its further repayment at a low fixed rate. The proposed plot with the tenant is located in a very busy zone, directly at the entrance to the village, which provides it with a large attendance. This facility is an excellent option for investing in profitable commercial real estate in Valencia, Spain. We can also offer you similar investment projects in other regions of Spain. For more information about this property, you can contact us in any way convenient for you, and we will provide you with all the necessary information about our offers in the field of commercial real estate.]] >

Features

  • Kreditom ipotekoy

Location

Spain