Supermarket in the center of Barcelona

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Supermarket in the center of Barcelona

4,795,000 €
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Total area: 2,664 m² Yield: 4.8%
  • Absolute return: 231,565 €
  • 1 floor
  • Percentage of the rented area: 100%
  • Most recent total renovation: 2001
  • Street retail

It is a supermarket investment on the ground floor of a building in Barcelona.

Description

The total floor area of 2664 m², of which:

  • 1250 m² — main hall on the ground floor;
  • 1056 m² — parking and technical rooms in the basement;
  • 338 m² — rooms on two upper floors.

The supermarket has undergone a major renovation in 2001 and now is in good overall condition.

The main hall is accessed via two different entrances.

The property is fully leased out on a long-term.

Financial performance

Absolute income is 231,565 €.

The current yield of 4,8%.

Tenants

Tenant is a major grocery chain Consum.

The lease agreement was signed in 2000 for 20 years, with an annual indexation of rental rates.

A Golden Visa can be obtained with the purchase of this property (residence permit for investments).

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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