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Property for sale information

 
Business For Sale in Playa del Ingles, Gran Canaria  
Reference nr: 92397
Description:

On offer is a selection of FREEHOLD retail units in a well known shopping centre in Playa del Ingles. These can be bought separately or together. A rental option is also available.



The first unit is on the ground floor and occupies 25m. It is currently a fancy goods shop with extensive display windows and a metal shutter protecting the entrance. This is well situated in a corner location in the centre of the shopping centre, making it visible to customers which ever entrance they use.



There are 4 more units on the lower floor. One is currently a storeroom and has no windows and one wooden door.



One is currently a jewellery shop and will be sold with all the display cabinets including the central service counter / display unit. This has wide entrances on 2 sides and is clearly visible from the main stairs.



The remaining 2 (including the largest, 220m) sell fancy goods and clothes. Each one has plenty of display windows and metal shutters for protection. Both are located next to the main central stair case.



These units are all sold as freehold retail units complete with shelves, display cabinets and other display and point of sale units. Stock is NOT included, but the owner is willing to sell it for a very reasonable sum.



An excellent opportunity to acquire a lot of retail space in easily manageable sizes in this busy little shopping centre in the heart of Playa del Ingles



Prices of individual units:

25m (Grnd floor): 189,500 euros Rent: 1,463 euros /month

37.5m (Store room): 89,000 euros Rent: 439 euros /month

50m (lower floor): 189,500 euros Rent: 1,463 euros /month

72m (lower floor): 189,500 euros Rent: 1,463 euros /month

220m (lower floor): 631,500 euros Rent: 3,658 euros /month

Bedrooms: Bathrooms: Price (€):
0 (studio) 89,000
Features:
Submission Date:
10-05-2009
Advertiser Details:


Name:
Lynne Robinson

Company:
Freedom 4 Sale

Phone:
+34617225369
Fax:

Mobile:
+34617225369

 
Property Photo Gallery

 

Business For Sale in Playa del Ingles, Gran Canaria

Business For Sale in Playa del Ingles, Gran Canaria

Business For Sale in Playa del Ingles, Gran Canaria

Business For Sale in Playa del Ingles, Gran Canaria
 
Calculators

 
Property price: €89,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations