Yield : 6% BEDROOMS
16,716 SQFT (1553 SQM)
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.
– 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
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.
Close to other major brands, this retail investment is located 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.
Named as the best European destination twice in the last five years, Porto is famed not only for its dramatic landscape overlooking the Douro River but also for its eclectic mix of historic and contemporary architecture. The fantastic Casa da Música is just as impressive and photogenic as the tile panels of São Bento Station. Porto has an inte...