Chain supermarket with a long-term lease, Galicia, Spain

Additional information is provided after the signing of an NDA

Chain supermarket with a long-term lease, Galicia, Spain

4,600,000 €
836 € /m²
£3,965,000
£720 /m²
Learn the property location
Send the listing to yourself
  • Total area
    5,500 m²
  • Yield
    5.6%
  • Built in 
    2005
Details
Financial performance
  • Annual income: 260,000 €
Tenants
  • Fully let
  • End of lease: 2056
Property status
  • Most recent total renovation: 2021
Transaction costs
  • Broker: 5.0%

Supermarket with a well-known chain tenant in the Autonomous Community of Galicia.

Description

The total area of the building is 5,500 m² (including a supermarket of 2,200 m², underground parking of 3,000 m² and office space of 300 m²).

Financial performance

The annual income is 260,000 €.

The yield is 5.6%.

Rent indexation is provided from 2027.

Tenants

The tenant is one of the largest supermarket chains in Spain with over 1,500 stores.

The lease agreement was concluded until 2056 with a mandatory period until 2032.

Transaction costs

Brokerage fee is 5%.

Location and nearby infrastructure

The property is located in the Autonomous Community of Galicia.

More properties

If this ad doesn't suit you, have a look at the other supermarkets for sale in Galicia.

All ads in the country: supermarkets for sale in Spain.

Similar listings

We select ads that may interest you.

Not sure what to start with? Send an advice request
Our expert will contact you to help with selecting real estate.
Ask a question
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Marina Filichkina,
    Head of Sales
    flag icon
    Limassol, Cyprus
    TRANIO GLOBAL REAL ESTATE L.L.C, 38 Karaiskaki Kanika Alexander Center, Block 1, 1st Floor office 113b, 3032 Limassol Cyprus
    flag icon
    Dubai, UAE
    Tranio Global Real Estate, Al Ameri Tower - 19th floor - Barsha Heights - Dubai - UAE
    flag icon
    Torrevieja, Spain
    Tranio LLC, Calle del Palangre, 14, 03182 Torrevieja
    flag icon
    Athens, Greece
    Tranio LLC, Vissarionos, 4, 10672 Athens
    flag icon
    Berlin, Germany
    Tranio Germany GmbH, Schlüterstraße 38, 10629 Berlin
    Send a request