Supermarket with a 25-year lease agreement in the center of Alicante, Spain

Additional information is provided after the signing of an NDA

Supermarket with a 25-year lease agreement in the center of Alicante, Spain

7,200,000 €
1,756 € /m²
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  • Total area
    4,100 m²
  • Yield
    6.0 %
  • Rental rate (m²/month)
    8 €
Details
Financial performance
  • Annual income: 432,000 €
Tenants
  • Fully let
  • End of lease: 2044
Property status
  • Most recent total renovation: 2018
Transaction costs
  • Broker: 5.0 %

A supermarket with a well-known terail chain tenant and a long-term lease agreement in the city center.

Description

The area of the trading floor is 2,200 m². The underground parking area is 1,900 m².

Overhaul was completed in 2018.

Extra opportunities

A Golden Visa can be obtained with the purchase of this property (residence permit for investments).

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Financial performance

The absolute annual income is 432,000 €.

The current yield is 6%.

Tenants

The tenant is one of the largest supermarket chains in Spain with over 1,500 stores.

The lease agreement is valid for 25 years.

Transaction costs

Brokerage fee is 5%.

Location

Alicante is a resort town in eastern Spain, the center of the province of the same name. It is considered the capital of the eastern Spanish coast and the main resort of the Costa Blanca. The population of the city is more than 300 thousand people.

Alicante is a place where you can find almost everything a tourist needs: sea and white sandy beaches, rich history and attractions. Its symbol and main historical landmark is the medieval castle of Santa Barbara on Mount Benatankil.

One of the highlights of Alicante is its famous festival called Las Hogueras de San Juan or the Bonfires of St. John.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other supermarkets for sale in Spain.

You can see more supermarkets for sale in Alicante elsewhere on our website.

Statistics in Valencia

Price per m², €
2,653
Healthcare efficiency level
82
Index 82 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
74
Index 74 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 2,652.73
Apartment in a bedroom community, m² 1,468.18
Transport Price, €
Public transport, 1 ride 1.5
Monthly travel card 41.0
Taxi, 1 km 1.08
Petrol, 1 l 1.28
Food Price, €
Water, 1.5 l 0.42
Milk, 1 l 0.69
White bread, 500 g 0.78
Eggs, a dozen 1.44
Chicken fillet, 1 kg 6.17
Education Price, €
Kindergarten, per month 347.64
International school, per year 6,972.73
Health care index
Staff competence 81.67
Medical equipment 89.81
Research accuracy and completeness 83.33
Attitude towards patients 75.83
Security index
Crime rate 18.6
The risk of being robbed 20.18
The risk of car theft 32.69
The risk of break-in and property damage 37.05

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

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