Investment Properties for sale in Mijas Costa

View the "Commercial Centre Units Riviera del Sol" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Asking price: €1,200,000
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Business Description
Asking Price 1,200,000 Freehold
• Commercial Centre
• Investment Opportunity
• All Units Have Tenants
• 10 Storage Units
• Strong ROI, 7% Yield per Year
Business Broker Spain offers a very rare opportunity to purchase 4 'front line' bar/restaurant premises plus terraces and 9 further units situated behind, currently used as catering units, offices and workshops in a very popular commercial centre.
The commercial centre is located in a prominent position, in a highly populated area, all the units are rented on either 1 or 5 year rolling contracts.
The total m2 of the commercial units is (approx) 800m2 plus terraces of (approx) 200m2. 
The rental charged for each unit was reduced during the recession to help the businesses, however now that the crisis is over there is a great opportunity to increase these and improve the yield further.
The vendor has a Spanish SL company with a mortgage of approximately 125,000E which could be transferred to help finance the sale.
Viewing Arrangements
Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor's agents Business Broker Spain.
Business Broker Spain will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-
 
Listed by: Business Broker Spain

Find out more about this business opportunity.

 
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Would you like a free no-obligation discusson with a qualified finance provider who could help you to buy this business?
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BB6626F
Seller Reference:
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