Premium

Commercial for sale

Almada, Setúbal, Portugal

£1,458,795 *  [€1,710,000]

Commercial for sale

Almada, Setúbal, Portugal

£1,458,795 *  [€1,710,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Habitable space: 1346 m2

Features


  • Garage
  • Lift
  • Double Glass
  • Energy performance certificate – C

Full Description


25 offices (with 26 parking spaces), located in Almada, totaling an area of 1,347 m2.
The fractions are occupied by an institutional investor, with a history of compliance, presenting a great profitability. The charges on the common areas are borne by the tenant.
Composed of 2 office buildings, with great flexibility of modular spaces, strategically located next to the Court of Almada and near the Garcia da Horta Hospital.
This modern Office Centre benefits from the best road access in Almada, next to the A2, being served by a stop of the South Tagus Metro and the Prague Railway Station. The offices are equipped with the highest quality finishes and innovative technical solutions, with air conditioning, overtaken technical flooring, private sanitary facilities, elevator core, entrance hall, shared reception, secure underground parking, double glazed windows and security. They also benefit from the existence of a public car park in the enterprise, allowing greater comfort, access and mobility of employees, partners and customers. This office center also has the following set of facilities: Shopping Gallery, Lidl, Staples Office Center and MyLevel, Mercure hotel, and covered parking with capacity for 640 seats, also with exterior arrangements in the form of Central Square.
BUSINESS:
Total monthly income: 8.012,09 €
Total annual income: 96.145,08 €
Number of fractions: 25, with 1,016 m2 of office area and 330 m2 of parking area (26 spaces)
Yield 5.6%
Two contracts were concluded, one with annual renewal, the other with renewal every 5 years (both renewed in 2021).
Condominium charges borne by the lessee, with the exception of the Reserve Fund and extraordinary contributions.
Energy Rating: C
#ref: LX122

Map may not show exact location

This property listing (ref: LX122) is an advertisement supplied by Pro Portugal and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8531 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.