On sale commercial premises with a reliable tenant in Badalon.
Environment:
- dense residential area;
- developed infrastructure of a modern residential area: chain supermarkets, bank branches, pharmacies and establishments for every taste, as well as theater and school;
- city hospital and several private clinics;
- public transport stops, including the metro station.
The property is located just a few meters from the central municipal market and the shopping street Carrer del Mar, which guarantees continuous pedestrian traffic throughout the year.
The facility is leased for a supermarket of a large national network. The lease agreement will enter into force after the conclusion of the sale transaction on the following conditions:
- duration of the contract: 15 years;
- period of mandatory execution: 2 years;
- Rental cost: 6.000 EUR / month;
- annual increase in the cost of rent according to IPC (consumer price index);
- additional increase in the rental price by 3%, starting from 8 years.
The yield is 7.2%, which is already higher than the city average. At the same time, an increase in profitability to 7.42% is guaranteed. In addition, there is an opportunity to increase profitability through an investment in repairs in the amount of 80,000 euros, which will increase the rental rate by 8% (equivalent to 533 euros).
The room is located in a new residential building and occupies 2 floors:
- ground floor: 285m2;
- Second floor: 214m2.
The city of Badalona is one of the oldest in Catalonia. It is located 10 km from Barcelona and is the third city in Catalonia in terms of population. With a typical Mediterranean climate and a 5-kilometer beach, Badalona has a privileged geographical location located between the sea and the mountains in the heart of the metropolitan area.
Primaprix is a large supermarket chain founded in 2014. The network currently has 195 locations in Spain and 5 locations in France. It is one of the fastest growing supermarket chains in Europe, with a trend of opening up to 35 new outlets per year. That is how much was opened in 2023. The company's turnover in the same year amounted to 139 million euros.
