Commercial property on Costa Blanca, Spain, 2 430 sq.m

SupermarketConsum occupies an area of 2430 sq.m. and is located on the 1st floor of a detached building. Leased to the Consum network until 2036 for 203,000 euros per year, which is 7.5% profitability. The building itself has an area of 9700 sq.m. and consists of 4 floors: two floors above ground – on the 1st floor 2430 sq.m. supermarketConsum, the second floor of 2420 sq.m. is still free of tenants and two floors underground – car Parking, with an area of 2425 sq.m. each.

First of all, the owner considers proposals for the sale of the entire building – 9700 sq.m. for 3,500,000 euros, while when renting only by the supermarket Consum for 203,000 euros per year, the profitability is 5.8%, and when renting the second floor for 150 000 – 180 000 The profitability of the entire building increases to 10-11% per year.

The building is new, located in the very center of the city, in close proximity to the railway and bus stations.

A mortgage is possible for 50% of the cost at 2.75% per annum for up to 15 years.