Commercial property in Valencia, Spain, 4 000 sq.m

We offer for sale a large commercial space in a fairly new house with a total area of more than 4,000 sq.m. and a massive street fully renovated premises are located on the ground floor of a residential building and on a total area of 4,000 sq.m. there is a warehouse, supermarket and Parking for customers. The current tenant of the premises is the Spanish supermarket chain Vidal (Grupo Vidal), one of the recognized leaders of the food business in Spain. A long-term lease contract has been signed with the tenant for a period up to 2022 with the possibility of extension and a commitment to stay. Based on calculations of the annual rent of 8,500€ + VAT per month, the profitability of this real estate transaction is 7% per annum. The annual municipal property tax is also paid at the expense of the tenant. This tenant has been in this room since the construction of the building, for more than 18 years.

The proposed premises are located in a quiet residential area of the city of Valencia with developed infrastructure. This offer is a unique option for a profitable investment in profitable real estate in Valencia.