Supermarket, Madrid, Spain

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Supermarket, Madrid, Spain

1,050,000 €
1,026 € /m²
£896,000
£875 /m²
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  • Total area
    1,023 m²
  • Yield
    5.5%
Details
Financial performance
  • Annual income: 57,600 €
Tenants
  • Fully let
  • End of lease: 2032
Transaction costs
  • Broker: 5.0%

Supermarket in Madrid.

Description

Commercial space with a showcase of 30 meters and a total area of 1,023 m²:

  • ground floor 673 m²
  • basement 350 m²

Financial performance

The annual income is € 57,600.

The yield is 5.5%.

Tenants

The property is fully let. The tenant is a large supermarket chain with 6,000 grocery stores.

The lease agreement is valid until 2032.

Transaction costs

The brokerage fee is 5%.

The cost of ownership

The costs of maintaining the property and paying the annual tax are borne by the tenant.

Location

The property is located in Madrid, in Usera district. Usera is located to the south of the centre of Madrid.

Madrid is the capital and most populous city of Spain. The city has almost 3.3 million inhabitants and a metropolitan area population of approximately 6.5 million. It is the second-largest city in the European Union.

Madrid is the 5th most important leading Centre of Commerce in Europe (after London, Paris, Frankfurt and Amsterdam) and ranks 11th in the world.

Madrid-Barajas International Airport is the largest in Spain; it serves about 45 million passengers annually.

More properties

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

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

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    Marina Filichkina
    Marina Filichkina,
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