Shop with a 10-year lease agreement in the center of Alicante, Spain

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Shop with a 10-year lease agreement in the center of Alicante, Spain

315,000 €
787 € /m²
£271,000
£677 /m²
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  • Total area
    400 m²
  • Yield
    8.2%
Details
Property parameters
  • 1 floor
Financial performance
  • Annual income: 26,000 €
Tenants
  • Fully let
  • End of lease: 2030
Transaction costs
  • Broker: 5.0%

Commercial space in a new building.

Description

The space is located on the ground floor and has an area of 400 m².

The ceiling height is 5.2 m.

Tenants

The tenant is a company selling electrical goods with a binding lease agreement for 10 years (the lease starts in April 2020).

Location

The property is located in the center of Alicante.

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.

Alicante is the most popular province of Spain among foreigners – they made 50% of local house purchases last year. In addition, there is one of the largest airports in the country, serving up to 13 million passengers per year.

More properties

If this property wasn’t for you, take a look at other retail space for sale in Alicante.

All ads in the country: retail space for sale in Spain.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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