Supermarket with a 25-year lease, Barcelona, Spain

Additional information is provided after the signing of an NDA

Supermarket with a 25-year lease, Barcelona, Spain

3,750,000 €
1,758 € /m²
£3,224,000
£1,511 /m²
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  • Total area
    2,133 m²
  • Yield
    5.2%
  • Rental rate (m²/month)
    16 €
Details
Property parameters
  • Leasable area: 1,100 m²
Financial performance
  • Annual income: 216,000 €
Tenants
  • Fully let
  • End of lease: 2045
Transaction costs
  • Broker: 5.0%

Supermarket with a well-known chain tenant and a long-term lease.

Description

Large one-story commercial space (4 spaces with separate entrances from different streets will be merged) in one of the most densely populated areas of Barcelona.

The total area of the property is 2,133 m² (supermarket – 1,100 m²).

Extra opportunities

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

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Tenants

The lease agreement with a well-known supermarket chain is valid for 25 years.

Location and nearby infrastructure

The property is located in the Sants district, the financial center of the city; international conferences are often held here in Fira Montjuic in Plaza de España. The area is well connected with other parts of the city by public transport. There is the Sants Central Station connecting Barcelona with the rest of Spain and the south of France. There is also a direct train from here to Prat Airport.

Sants is a 10-minute drive from the city center, but away from the busy tourist life. There are many universities in the area, such as Institut Nacional d'Educació Física de Catalunya and Center d'Estudis d'Art Contemporani. Also, this area is located on the border with Les Corts, where the university area of ​​Barcelona is located.

Barcelona is the capital of the autonomous region of Catalonia and the province of Barcelona. The population of Barcelona exceeds 1.6 million people (2nd city in Spain in terms of population after Madrid and 10th in the European Union).

Barcelona is the largest industrial and commercial center of Spain. Auto assembly plants of the Spanish company SEAT (Volkswagen group) and foreign manufacturers (Renault, Peugeot, Ford) are located in the city.

Tourists come from all over the world to see the historical sights of the city, such as the works of the famous architect Gaudi, the medieval Gothic quarter and the Royal Palace, as well as to enjoy beach holidays.

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