Property Detail

High Street Retail, Store H&M in Catalonia for Sale, Unexpired Lease Term = 9.5 Years, Freehold

High Street Retail, Store H&M in Catalonia for Sale, Unexpired Lease Term = 9.5 Years, Freehold

Property type: high street retail
Purchase of established rental business

Tenure: freehold

Location: the autonomous community of Catalonia, Spain

• the property is located in a city with a population over 100,000
• the property enjoys prime location in the city center

Lettable area: ca. 1,400 m2

Anchor tenant: H&M (chain of clothing stores)
• trading from the premises since 2003

Unexpired Lease Term: 9.5 years
Possibility of renewal: YES
Rent Review: YES

Purchase price: 4,500,000 euro
(+ closing costs)

Rental Income: 220,000 euro
(+ indexation linked to inflation)

Yield: 4.9%

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http://www.brantstone.com/property/retail-property-for-sale-in-catalonia-spain-07023108 07023108 High Street Retail, Store H&M in Catalonia for Sale, Unexpired Lease Term = 9.5 Years, Freehold