Commercial premises in Gandia

Selling commercial premises on the main street of gandía, province of Valencia, 990.000 euros, 7.7% return!!!

• Area - 579 sq.meters.
• Gandia is the second largest city in the province of Valencia, the center of industry and tourism on the Mediterranean coast.
• The room is rented to an international holding with an annual turnover of 1.5 billion Euros, having its own offices in 9 countries and over 1500 employees.
• Lease 15 years, rent is 76000 euros per year, 6333 euros per month, representing 7.7% return.
• Tenant pays all costs of operating and maintaining the premises in proper condition, including annual property tax (IBI).
• In 2020, the tenant invested over 400.000 Euro in the repair and refurbishment of the premises.
• Price: 990.000 euros
• Not included: 5% Agency Commission, the cost of notarial registration of purchase.

Excellent investment with great profitability in the best location in the city with a reliable tenant.

See more objects in our catalog: 1. Business related - Business property for sale in Spain from a Agency RozenGold Real Estate.