An investment offer for those who want to buy commercial property in Spain. The premises are located within Barcelona Metropolitan Area, in the residential and highly demanded zone with a high population density. The premises are leased by the network of German non-food stores founded in 2004 and accounts for 1500 subsidiaries in Europe, being the leader in this segment of the market.
The lease contract and the premises have the following characteristics:
Newly built object
The total area – 604.75 m2
The lease agreement is for 15 years from 2017 (3 years of compulsory execution)
Annual rental income – 42.000 euros + VAT
Profitability – 6%
Profitability of investments with attraction of bank financing – 9%