Shop in Torrevieja

€ 2,250,000

Description

A retail space leased to the Consum consumption supermarket in the province of Valencia.
The total area (with a land plot) is 4 833 sq.m. The area of ​​the commercial premises is 2 380 sq.m. The parking area is 2 454 sq.m. Consum is one of the largest supermarket chains in Spain: food, household chemicals, household goods. Founded in 1975, Co currently operates actively and develops its activities in the new sector through a commercial network consisting of more than 680 supermarkets (including franchises). Consum customers are more than 2,700,000 consumers in Valencia, Catalonia, Murcia, Castilla-La Mancha, Aragon and Andalusia.
Valencia - a province in eastern Spain in the autonomous community of Valencia. The administrative center is Valencia. Territory, an area of ​​10,763 km² (20th place among the provinces of the country). Part of the province to the north of the main territory is the exclave, surrounded by the provinces of Cuenca and Teruel.
The city where the supermarket is located, is on the coast, is a resort, the supermarket is 2 kilometers from the beach, in a densely populated residential area.
The cost of the object is 2 250 000 euros. The lease is concluded until 2037. The contract of compulsory execution was concluded until 2022. The annual rental income is 168 746 euros + VAT. The monthly rental income is 14,062 euros + VAT. Profitability - 7.5% per annum. The selling price per square meter of this room is 636 euros (minus the price for the plot of the total cost of the facility). The average selling price of commercial premises in the area where the supermarket is located is 750 euro per sq.m. The average rental price of commercial premises in this area is 5.3 euros per sq.m. per month. The cost of renting this supermarket is 5.9 euro per sq.m. per month, given the availability of parking. The documents are ready for the deal. Additional information is available upon request.


Property details

Floor
2
Close to
Sea
Number of premises
20
Currently functioning
1
Ownership type
Proprietary
Payback period
7,5 %
Year of construction
0

Location

Torrevieja

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