Sporting goods store Decathlon in Spain, € 11.8 million, 6% profitability.
- Area: 6010 sq.m
- Land area: 22712 sq.m
- Parking for 475 spaces.
- It is possible to build an additional 21,000 sq.m of commercial space on the plot.
- Decathlon has been renting this space for 19 years and signed a lease for another 20 years.
- Rental amount: 707,000 euros per year + IPC. From the 5th year, the lease has increased by another 5%.
- Price: 11.8 million euros + 3.75% commission of the real estate agency.
- Possible loan for 6.0 million euros at 1.75% per annum for up to 20 years.
- Additional information when submitting letter LOI.
An excellent investment in a highly profitable sector of the European economy.