New supermarket in Barcelona € 4.0 million, 5% profitability!!!
This CONSUM deserves special attention! This is a project of one of the largest and most equipped premises of CONSUM in Catalonia, located in Barcelona in SANTS area.
Area of premises: 3.192m2
TOTALY AFTER RENOVATION: 2.133m2
The CONSUM operator will invest in the equipment and renovation of the store its own funds in the amount of 2.852.000 €.
This place will be a leader in technology and innovation, it will have all directions and services: meat and gourmet department, fish department, fruit department, training classroom, warehouse, cold and freezer zones, goods loading/unloading area, etc.
Terms of agreement:
– ANNUAL EXPENSES: € 16.000 / YEAR (IBI Annual Property Tax and homeowners association’s expenses) are paid by the tenant.
– ANNUAL INCOME from rent: € 200,000 paid monthly
– annual revaluation based on IPC
– profitability: 5%
-Duration of the contract: 25 years (5 years MANDATORY)
-PRICE: 4 million € + 5% Real estate agency services
TRANSACTION TEMPORARY FRAMEWORK:
- A preliminary contract shall be signed and a deposit of 15% (or 12%) has to be paid
- At the same time, an agreement shall be signed with CONSUM
- The work on registration of licenses and permits will be started
- After 3 months, a license is issued, and construction and repair work begins
- After another 9 months, sale’s contract is concluded
- From the moment of signing the deed, CONSUM asks for 3 months of rent payment in the amount of 6.500 € / month and starting to pay from the 4th-month rent in full.
Great investment in Barcelona’s largest new supermarket!!!