Great offer for investors! For sale a shopping center with a tenant - a supermarket Mercadona, Tenerife, Canary Islands, Spain. Profitability 5%.
Location - Arona 38650, Tenerife, 200 meters to Playa de las Vistas Beach, 700 meters to Los Cristianos Beach.
Mencey Shopping Center is located on the corner between the streets of Ramona Martin Artista and the promenade of Los Morritos, in Los Cristianos, municipality of Arona. It consists of three floors above the ground, which are visible from the promenade of Los Morritos, two from Ramon Martin Street and two floors below ground level.
The upper floors are intended for commercial premises, while the underground floors are for garages with a ramp from Paseo de Los Morritos.
Description of the premises:
Supermarket (4616.61 m2): trading floor, ground floor, relaxation room, basement, floor -1 and floor -2. All of this together is formed by a department designed for the supermarket, organized as follows:
Upper floor: lounge, two toilets with shower and two changing rooms and an office. (229.17m2)
Ground floor: access from Ramon Martin street via stairs and elevator (76.15 m2). Basement: exhibition and sale (supermarket), office, staircase, safe, surveillance camera and garbage room (1551.52 m2)
Basement -1: engine room, stoves, home service, warehouse, bathrooms, forklifts and parking lots. (1215.77 m2)
Basement -2: parking, fire fighting equipment, range hood, furniture warehouse and sewage system. (1546.00m2)
In the basement, the roof of the shopping center with an area of 51 m2 is used as an application.
ECONOMIC DATA
Monthly rental: 39.670.75 euros per month.
Duration of the contract. The contract expires on the date of the acquisition of the Mercadona premises (January 2004) for a period of 25 years. The first 15 are mandatory and renewed annually up to 25 years. (January 2029)
This info given here is subject to errors and do not form part of any contract. The offer can be changed or withdrawn without notice. Prices do not include purchase costs.