A fast food restaurant with long-term lease agreements in the district of Lisbon.
Description
The area of the property is 417 m².
The absolute annual income is 106,400 €.
The current yield is 5,6%.
The restaurant is rented by 2 tenants.
The anchor tenant is one of the largest chains of fast food restaurants, with more than 15,000 locations worldwide. The company's turnover exceeds $ 1.9 million, the number of employees is more than 30,000 people.
The lease agreement is valid since 07.2015 for 18 years (break clause — 5 years).
The 2nd tenant is a fast food restaurant.
The lease agreement is valid since 07.2015 for 10 years (break clause — 7 years).
The property is located in the district of Lisbon. The distance to the city of Lisbon is about 30 km.
Lisbon is the capital, the largest city and the main port of Portugal. The population of the city is about 510,000 people. The city and the municipality of Lisbon are parts of the Greater Lisbon metropolitan area.
Agglomeration has a certain administrative autonomy. The population of the agglomeration is about 3 million people (the 11th by terms of population in Europe).