Retail investment - Lordelo | Athena Advisers

Lordelo Retail investment - Lordelo

2708338

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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.

  • 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
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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.

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David Moura George
David Moura-George

Managing Director, Portugal