Commercial property in Barcelona, Spain 1016 sq.m. No. 154859

A commercial property for sale with tenant in a prestigious area of Barcelona.

Surroundings:
residential area of a privileged neighbourhood;urban hospital;green areas;public transport stops, including a short distance train station;Turo Park just 900 metres away.
The property is leased for a supermarket to a large national chain. The lease will come into effect from September 2024 with a binding 5 year term. The total length of the lease: 20 years. The rental value will be:
182.880€ in the first year:195.072€ in the second year;207.264€ from the third year.
Thereby the rental growth is guaranteed.

The property with a total area of 1016m2 occupies 2 floors of a residential building and is equipped with a facade and glass windows over 8 metres long.

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Sarrià-Sant Gervasi- the leading neighbourhood in terms of income with 150,000 inhabitants. It is located in the western part of the city and is surrounded by the neighbourhoods of Les Corts, Gracia and Horta-Guinardo. It is home to many elite public schools and universities, office buildings and national company offices

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Hipercor is a well-known hypermarket chain in Spain, founded in 1979. It is operated by El Corte Inglés, Spain's leading retail group. Hipercor's hypermarkets offer a wide range of home and food products, often co-located with El Corte Inglés department stores.

Hipercor currently operates mainly in the Spanish market, with a significant portion of its revenues coming from e-commerce within Spain. In 2023, Hipercor's online sales reached approximately $38 million, placing it at #3,667 in the global ranking of e-commerce platforms.

Hipercor's online sales reached approximately $38 million in 2023, placing it at #3,667 in the global ranking of e-commerce platforms.