Commercial property 2 430 m² in Costa Blanca, Spain

Spain
Archive cost €2,70M
Sold or out of date
Updated at: 28/02/2024

Location

Country: Spain
State: Valencian Community
Region: Costa Blanca

Property parameters

Total area: 2 430 m²

Description

The Consum supermarket covers an area of 2430 sq.m. and is located on the 1st floor of a separate building. It was leased to the Consum network until 2036 for 203,000 euros per year, which is 7.5 % profitability. The building itself has an area of 9700 sq.m. and consists of 4 floors: two floors aboveground - on the 1st floor of 2430 sq.m. supermarket Consum, second floor 2420 sq.m. while free from tenants and two floors of underground - car parking, with an area of 2425 sq. M. each.First of all, the owner considers offers for the sale of the entire building - 9700 sq.m. for 3 500,000 euros, while when renting only by the Consum supermarket for 203,000 euros per year, profitability 5.8 %, and when renting and the second floor for 150,000 - 180,000 euros per year, the profitability of the entire building increases to 10–11 %.The building is new, located in the very center of the city, in the immediate vicinity of railway and bus stations.A 50 % mortgage is possible at a cost of 2.75 % per annum for up to 15 years.The agency commission is not included in the price of the facility and is paid separately] >

Features

  • Kreditom ipotekoy

Location

Spain