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COMMERCIAL PROPERTY WITH 7.24% GROSS RENTAL YIELD ON PRIMADO REIG, VALENCIA
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RK SIRVAL
963 823 840
- 1
Propose a price
135.000 €
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At Avenida Primado Reig 22, this commercial property is available for €135,000. Currently rented and operating as a florist's shop, it offers investors the opportunity to acquire an income-generating asset in an active commercial location.
Its main strengths are its rental yield, street-level visibility and long-term investment potential.
The premises feature a large street-facing shop window, providing excellent commercial exposure and space for displaying products or services. Its location on an avenue surrounded by residential properties, shops and everyday activity supports its commercial appeal.
The property is currently occupied by an operating florist's business under an existing lease agreement, allowing investors to acquire an asset with an established rental arrangement.
The approximate annual gross rental yield of 7.24% is calculated on the advertised purchase price of €135,000, before deducting community fees, maintenance, insurance, taxes, acquisition expenses and other ownership costs.
An additional consideration is that the current lease is approaching its expiry date. This offers investors an opportunity to evaluate future options, including a potential lease renewal, finding a new tenant or exploring alternative commercial uses, subject to the existing contractual terms and applicable legislation.
The premises have been renovated and feature air conditioning and an accessible bathroom for people with reduced mobility, offering a functional setting for various professional and commercial activities.
The layout and prominent shop window may accommodate future uses such as specialist retail, professional offices, creative studios or service businesses, subject to the necessary approvals.
There is also the possibility of assessing a future conversion into residential accommodation, strictly subject to planning and technical feasibility, compliance with current regulations and the necessary licences. The property is currently marketed as commercial premises and does not have authorisation for residential use.
Avenida Primado Reig is an established urban thoroughfare, surrounded by residential buildings, shops, services and public transport connections. Its location is an important factor when assessing the long-term potential of a commercial investment.
Key investment features:
- Asking price: €135,000.
- Approximate annual gross rental yield: 7.24%.
- Currently rented to an operating florist's business.
- Lease approaching its expiry date.
- Renovated premises with air conditioning and an accessible bathroom.
- Large shop window facing the avenue.
- Potential to explore alternative uses in the future.
An opportunity for investors seeking a commercial asset with existing rental income, an established location and flexibility to consider future investment strategies.
Contact us for further information about the lease terms and to arrange a viewing.
At the express request of the owner, this property is marketed on an EXCLUSIVE basis, ensuring attentive, personalised service without unnecessary interference. Please do not disturb neighbours or occupants. Viewings are by appointment only.
Agency fees, notary fees, land registry fees, administrative expenses and taxes are not included. This advertisement is non-binding and may contain errors.
Property Features
- Reference 04071
- Type of Operation Sale with Yield (with Tenant)
- Type of property Business Premise
- Zone / City Sant Antoni / Valencia
- Built Surface 102 m2
- Condition Refurbished
- Toilets 1
- Year built 1964
- Orientation Northeast
- Exterior type External
- Facade Pintado
- Community fees 50€ / Monthly
- Interior Carpentry Wood
- Exterior Carpentry PVC Climalit
- Type of Floor Stoneware
- Views Avenue
- Distance to the sea 5 Km.
- Tax 315€
- Regime Libre
- Burglar Alarm
- Air Cond. Central
- Furniture
- Light
- Water
- Exterior
- Diaphanous
- Adapted Pmr
- Meter
- Tram
Energy Efficiency Rating
| Energy Consumption kWh/m2 Year |
Consumer Kg CO2/m2 Year | |
|
24
|
||
|
115
|
||
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