Supermarket with a well-known retail chain tenant.
Description
The total area of the supermarket is 2,700 m².
The annual income is 537,000 €.
The yield is 6%.
The tenant is a well-known European supermarket chain with more than 500 stores.
The lease agreement is valid for 20 years, renewable every 5 years (from 2017 to 2037).
Brokerage fee.
Setubal is a vibrant port city and a major center of the fishing industry. The population of the city is about 90 thousand people.
Setubal is a city that has always been closely connected with the sea, there is a renewed and restored promenade that surrounds the fishing harbor, the popular city park and the ferry terminal of the Troy Peninsula. The historical center of the city is a labyrinth of narrow streets, hidden squares and family shops. There is also the largest fish market in Portugal.
Setubal on the one hand is surrounded by national mountain parks, and on the other it stands at the mouth of the picturesque Sadu River.
Lisbon is 30 km away.
