Supermarket in Barcelona.
Description
The area of the property is about 1,400 m².
The annual income is 170,000 €.
The yield is 4.9%.
The property is fully let. The tenant is a grocery supermarket chain.
The lease agreement is valid until 2026 wuth the extension option.
Brokerage fee is 5%.
The expenses for the maintenance of the property are borne by the tenant.
The property tax is borne by the owner (6,000 euros per year).
The property is located in the central part of Barcelona — the Eixample district, which is the most populated area of the city.
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.