On sale the “Family Cash” Hypermarket in Valencia, worth € 5,500,000 with receiving of 360,000 € of the annual rent (6.5% per annum).
New “Family Cash” hypermarket under construction https://www.familycash.es/
Final commissioning – November 2019.
Family Cash is a company founded in 2013 by professionals with extensive knowledge and experience in this field. After the launch of the first hypermarket, located in Xativa, the Company started the expansion plan, and today 9 Hypermarkets are open and successfully operating in the Valencia district. The model of the store is based on the commercialization of food products, both perishable and non-perishable, as well as a wide catalog of bazaar goods, ranging from household goods, garden equipment and electricity, to textiles, toys, stationery or automotive goods. The price policy is always lower than the competitors have, and the prices are set one-time and without subsequent changes, so there are no discounts offers throughout the year. The company offers a simple and convenient way to make purchases, with high-quality products and a variety of brands, but with more than competitive prices throughout the year. In addition, all stores have parking spaces.
Land area: 10.918 sq.m.
Built area: 6.000 sq.m.
Income: 360.000 € per year + VAT. The lease contract is for up to 50 years (8 of them are of the mandatory execution).
Price: 5.500.000 €
Price does not include 5% agency commission in support and legal services.
Credit is available for 2,75mln. € under 1.9% per annum for up to 15 years.
Excellent investment in a profitable Hypermarket chain in Spain!!!