Shop 373 m² in Spain, Spain

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.