Lot number 45952
Investment project 1900 m2
Spain, Valencia
- Price
Price on request
- Bedrooms -
- Bathrooms -
- Number of storeys
- Readiness -
Description
For sale is a commercial space with a leased business located in the city of Valencia, Spain. The property is currently leased by the renowned supermarket chain, MERCADONA.
- Prime Location: This supermarket is situated in the heart of Valencia, in a densely populated area with high foot traffic.
- Size and Lease Terms: The total area of the property is 1900 sqm, and the lease agreement is valid until 2029.
- Price and Profitability: The selling price for this property is 4,400,000€, with a gross profitability of 6.0% and a net profitability of 5.9%. The annual rental income amounts to 268,376€ + VAT, and the monthly rental income is 22,365€ + VAT.
- Expenses: The property has an annual IBI (property tax) of 6,205.00€ and a community fee of 1,307.50€.
- Mercadona: MERCADONA is one of the largest and most popular supermarket chains in Spain. It offers a wide range of products, including groceries, household items, and cleaning supplies. Founded in 1977, it is a family-owned business and holds approximately 23% of the country's market share. With over 1600 supermarkets across all Spanish provinces, the company is expected to expand internationally in 2019 by opening its first store in Portugal.
Statistics:
- Selling price per square meter of this property is 2,316 euros.
- Average rent for commercial properties in the area where the supermarket is located is 5.05 euros per square meter per month.
- The rental price for this supermarket, as per the lease agreement which can be extended until 2029, is 11.80 euros per square meter per month. This rental price is relatively high for Valencia and makes investing in this property highly advantageous.
Don't miss out on this lucrative opportunity to invest in a commercial space with a well-established tenant in a prime location in Valencia! Contact us now for more information or to arrange a viewing.
- Prime Location: This supermarket is situated in the heart of Valencia, in a densely populated area with high foot traffic.
- Size and Lease Terms: The total area of the property is 1900 sqm, and the lease agreement is valid until 2029.
- Price and Profitability: The selling price for this property is 4,400,000€, with a gross profitability of 6.0% and a net profitability of 5.9%. The annual rental income amounts to 268,376€ + VAT, and the monthly rental income is 22,365€ + VAT.
- Expenses: The property has an annual IBI (property tax) of 6,205.00€ and a community fee of 1,307.50€.
- Mercadona: MERCADONA is one of the largest and most popular supermarket chains in Spain. It offers a wide range of products, including groceries, household items, and cleaning supplies. Founded in 1977, it is a family-owned business and holds approximately 23% of the country's market share. With over 1600 supermarkets across all Spanish provinces, the company is expected to expand internationally in 2019 by opening its first store in Portugal.
Statistics:
- Selling price per square meter of this property is 2,316 euros.
- Average rent for commercial properties in the area where the supermarket is located is 5.05 euros per square meter per month.
- The rental price for this supermarket, as per the lease agreement which can be extended until 2029, is 11.80 euros per square meter per month. This rental price is relatively high for Valencia and makes investing in this property highly advantageous.
Don't miss out on this lucrative opportunity to invest in a commercial space with a well-established tenant in a prime location in Valencia! Contact us now for more information or to arrange a viewing.
Characteristics
Square
1900 m2
Bedrooms
-
Bathrooms
-
Readiness
-
Number of storeys
-
Rooms
-
Ceiling height
-
Finishing
-
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