Description
Sale of an international network clothing store (ZARA) rented premises.
The city center of Girona, the main shopping street. High ground floor of the building, a great showcase.
The lease agreement concluded in 2010 for 21 years.
Indexation of the lease payments + 3% in 2017, + 3% in 2024.
Profitability significantly higher than average.
The lease contract: 2010 - 2031
Deadline: May 2017
Income per year: 450.000 - 477.000 €
Profitability: 7.28 - 7.72%
The cost of renting per month (for the moment): 37.500 €
Rent per month (subject to indexation of lease payments): 38.625 € (2017), 39.750 € (from 2024)
IBI and Sommunidad: tenant pays
Profitability (net): 7.28 - 7.72%
Additional information on request.