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Retail investment - Lordelo

Porto

Yield : 6% BEDROOMS

13,293 SQFT (1235 SQM)

€2.708m

Located in Lordelo, Paredes, in the North of Portugal, this retail property for sale is currently let to a leading private supermarket chain with hundreds of stores throughout Portugal. This award-winning supermarket is renowned for its fresh produce and ready meals.

Key information

– Selling price: €2,708,338 

– Gross yield: 6%

– GLA: 1,235 sqm

– Duration: 3 years

– Lease end date: 30th April 2023

– Annual rent: €162,500

Retail Investment

Since April 2020, this supermarket for sale has been let to a blue-chip (AAA) tenant for a term of three years. The annual rent of this property is €162,500 (+ VAT) which means that this supermarket has a gross rental yield of 6%.

With an excellent tenant and a highly accessible location with plenty of parking and residential streets within walking distance, this commercial property for sale represents a stable investment even during these times of uncertainty.

Location

Home to over 10,000 inhabitants Lordelo is a parish located in the northern part of Portugal in the municipality of Paredes which has a population density of 500 per square kilometre.

Porto

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...

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