Commercial property in Barcelona, Spain 2708 sq.m. No. 154856

Property description

A commercial property for sale in the famous coastal town of Vilanova i la Geltru, 50 km from Barcelona.

Community:
Active commercial area with large companies such as Europcar, Schindler, Kibuc;Residences: Lidl and Ametller Origen supermarkets, KFC restaurant, Pampeu Fabra Park, theatre, high school;Public transport links, including a bus stop just 50 metres away.
The property is leased to the world famous Leroy Merlin construction shop. The lease agreement will be signed after the completion of the sale and purchase transaction with the new owner. The contract will be for 30 years with a 7 year performance obligation. The rental price is 37.508€/month, resulting in a yield of 6.43%. This rate of return is extremely rare for premises of this level.

The property has a total area of 2.708m2 and is a detached standing building with a bright façade and excellent visibility from the nearby motorway. There is also a large outdoor car park on site for visitors.