New supermarket and restaurant with a 25-year lease agreement, Valencia, Spain

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New supermarket and restaurant with a 25-year lease agreement, Valencia, Spain

9,000,000 €
2,445 € /m²
£7,721,000
£2,098 /m²
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  • Total area
    3,680 m²
  • Yield
    5.0%
  • Built in 
    2019
Details
Property parameters
  • Land area: 13,700 m²
  • Number of parking lots: 200
Financial performance
  • Annual income: 456,000 €
Tenants
  • Fully let
  • End of lease: 2044
Loan
  • Loan size: 55% of the value of the property
  • Rate: 1.9%
  • Loan term: 15 years
Transaction costs
  • Broker: 5.0%

Supermarket and fast food restaurant with well-known chain tenants.

Description

The supermarket has 3,100 m² and was built in 2019. There is a parking for 200 cars.

The restaurant has 410 m² and was built in 2018. The terrace area is 170 m², the parking area is 730 m².

It is possible to build two additional buildings with an area of 600 m² and 200 m².

Loan

Possible financing for 5,000,000 € at 1.9% per annum for a period of 15 years.

Tenants

The tenant is a well-known Spanish supermarket chain with more than 1,500 stores. The lease agreement is valid for 25 years, 10 of which are mandatory.

Also, the tenant is a chain of fast food restaurants with more than 17,000 restaurants around the world. In 2016, the company was named one of the 10 most successful companies in the world.

Location

There are 300 sunny days a year in Valencia with an average temperature of 19ºС, which makes this province ideal for living all year round.

Valencia has beautiful architecture, developed infrastructure, schools and universities, excellent gastronomy and spacious beaches.

Valencia is also the venue for international events such as the European Formula One Grand Prix or the Valencia Open Tennis 500 Championship.

More properties

If this ad doesn't suit you, have a look at the other supermarkets for sale in Valencia (city).

All ads in the country: supermarkets for sale in Spain.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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