Description
Commercial property with the area of 1 270 sq. m. and with a long rent contract with a supermarket is for sale. This large chain of economy class supermarkets was founded in 1993 and nowadays has more than 1100 stores which number is always in increasing thanks to its reasonable prices and high quality of goods. The rental cost is about 110 000 Euro annually. The term of the rental contract is in 2017 with the right of automatic renewal. Parking lot: open parking lot with the area of 3 200 sq.m.
The supermarket is located in a densely populated city with the sprawling infrastructure close to Viterbo in the province of Rome.
Profitability – about 7,5% annually.
There is a possibility of the extension of the space, building an annex for future renting to a household store.