Shop 373 m² in Spain, Spain
Location
Property characteristics
Property parameters
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Price per m²€1,394/m² -
Total area373 m²
Description
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For sale is a commercial premises with a reliable tenant, located in a tourist seaside town on the Costa del Maresme.
The premises are located in the commercial area of the city, which is filled with various shops and establishments, which creates high pedestrian traffic daily.
Surroundings:
- city market;
- pharmacy;
- secondary school;
- many bars and restaurants.
The property is leased to a clothing store of a large international chain. The lease agreement was signed in October 2021 for a period of 15 years. Community expenses are paid by the tenant.
According to the agreement, the rental price will be:
- €2,500 / month until October 2026;
- €2,900 / month from October 2026 to October 2027;
- from October 2027: annual rental price increase according to the IPC (consumer price index).
Thus, an increase in profitability from 5.77% to 6.7% is guaranteed.
The premises with a total area of 373 m2 are located on the first floor of a residential building and are equipped with a bright façade over 3 meters long.
The premises are sold for €520,000, which will allow you not only to receive a stable income in euros, but also to obtain an investor residence permit.
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