Listings

Commercial Centre Units Riviera del Sol €1,200,000


Current Price: €1,200,000
New Price:
Rate data provided daily by European Central Bank

Asking Price 1,200,000 Freehold

• Commercial Centre

• Investment Opportunity

• All Units Have Tenants

• 10 Storage Units

• Strong ROI, 7% Yield per Year

Business Broker Spain offers a very rare opportunity to purchase 4 'front line' bar/restaurant premises plus terraces and 9 further units situated behind, currently used as catering units, offices and workshops in a very popular commercial centre.

The commercial centre is located in a prominent position, in a highly populated area, all the units are rented on either 1 or 5 year rolling contracts.

The total m2 of the commercial units is (approx) 800m2 plus terraces of (approx) 200m2. 

The rental charged for each unit was reduced during the recession to help the businesses, however now that the crisis is over there is a great opportunity to increase these and improve the yield further.

The vendor has a Spanish SL company with a mortgage of approximately 125,000E which could be transferred to help finance the sale.

Viewing Arrangements

Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor's agents Business Broker Spain.

Business Broker Spain will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-

 


BB6626F
Mijas Costa, Malaga 29649
Spain
Sale Type: For Sale
Ref #: BB6626F
BB6626F
Mijas Costa, Malaga 29649
Spain
Sale Type: For Sale
Ref #: BB6626F

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BB6626F
Mijas Costa, Malaga 29649
Spain
Sale Type: For Sale
Ref #: BB6626F

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