Commercial space with tenant Mercadona

Characteristics:

• Area: 3.039 m2 2.137 m2
• floor from the street 423 m2
• basement 479 m2
• internal floor for unloading 190 m of the facade

Lease contract:

• Annual rent: 385.068 €
• per annum ( 32.089 € monthly)
• The beginning of the contract: Septiembre 2005
• The end of the contract : Septiembre 2030
• Mandatory performance: there Is a clause in the contract that in case of termination of the contract Mercadona must pay as a fine the amount of the annual lease

Expenses of the owner:

• IBI: 13.250 € .
• Comunidad: 7.309 €
• per year (609.08 € / month)

Sale price: 5.600,000€

Net profit margin: 6.51 %