Amarante Retail investment - Amarante
This supermarket is located in Amarante in Portugal and is let to a major privately owned supermarket chain with hundreds of stores across the nation. This award-winning supermarket is renowned for its fresh produce and ready meals.
This 1,553 sqm supermarket is let to an AAA client for three years and the lease is set to end on 30th April 2023. With an annual rent of €209,493 (+ VAT), this commercial property has a gross yield of 6%.
With a blue-chip tenant occupying the property, this supermarket represents a stable retail investment even in these times of uncertainty.
- Selling price: €3,491,546
- Annual rent: €209,493 (+ VAT)
- Gross yield: 6%
- GLA: 1,553 sqm
- Duration: 3 years
- End of lease: 30th April 2023
- Deal type: Asset deal
Close to other major brands, this retail investment is located in Amarante which is part of the district of Porto and home to around 54,000 inhabitants and has a population density of 200 people per square kilometre.
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Managing Director, Portugal