Grocery store with a well-known retail chain tenant in Barcelona.
Description
Commercial premises with a total area of 513 m².
The annual income is 59,563 €.
The yield is 5.5%.
The property is fully let. The tenant is a well-known grocery retail chain.
The lease agreement is valid until 2024. The tenant is going to extend the lease term until 2045.
Brokerage fee is 5%.
Property tax — 6,326 € per year.
Maintenance costs — 399 € per year.
The property is located in Barcelona.
Barcelona is the capital of the autonomous region of Catalonia and the province of Barcelona. The population of the city 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.