Description
A commercial premise leased by a large Spanish supermarket chain Condis, in Badalona.
The total area is 3 674 sq.m. The area of the trading hall is 1 334 sq.m. The parking area is 2 340 sq.m. Condis is a large Spanish supermarket chain: there are departments of products, household chemicals, household goods. The company, founded in 1961, today has a network of more than 400 supermarkets in Catalonia and Madrid, with the largest concentration of retail outlets in Barcelona (over 100) and nearby areas (more than 220 supermarkets).
Badalona is a city and a municipality in Spain, part of the province of Barcelona as part of the autonomous community of Catalonia. The municipality is located in the district (komarki) of Barcelonas. The population is 217 210 people (as of 2014). The distance to the administrative center of the province is 10 kilometers. The city is part of Barcelona's agglomeration. It is located on the left bank of a small river Besos and the Mediterranean Sea. Near the town is the Sierra Della Marina. The municipality is the third largest in Catalonia after Barcelona and Hospitalet de Llobregat.
The cost of the object is 2 600 000 euro. The lease agreement is concluded for 15 years from 2017. The annual rental income is 144,000 euros + VAT. Expenses (paid by the tenant): IBI - 1 145 euros, Comunidad - 5 580 euros. Profitability of the object: 5.5% per annum. Profitability of investments with attraction of bank financing: 8.3% per annum. The documents are ready for the deal. Additional information is available upon request.