Chain store in Alicante, Valencia, Spain

Additional information is provided after the signing of an NDA

Chain store in Alicante, Valencia, Spain

1,800,000 €
900 € /m²
£1,555,000
£777 /m²
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  • Total area
    2,000 m²
  • Yield
    6.0%
Details
Property parameters
  • Land area: 2,500 m²
Financial performance
  • Annual income: 108,000 €
Tenants
  • Fully let
  • End of lease: 2036
Transaction costs
  • Broker: 5.0%

Chain store in Alicante.

Description

Building with a total area of more than 2,000 m².

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 annual income is 108,000 €.

The yield is 6%.

Tenants

The tenant is a chain of stores with 140 branches.

The lease agreement is concluded until 2036.

Transaction costs

The brokerage fee is 5%.

Location and nearby infrastructure

The property is located in the city of Alicante, part of the autonomous community of Valencia.

The Valencian Community is an autonomous community of Spain. It is the fourth most populous autonomous community. It is located along the Mediterranean coast on the east side of the Iberian peninsula. The population is about 5 million people.

In addition to tourism, the Valencian Country has significant exports, and it ranks second in this respect among the Spanish autonomous communities, constituting 12% of the national total.

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