Retail investment - Lordelo

Yield : 6%

€2.708m

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

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 Parades which has a population density of 500 per square kilometre.

Key points