Well-known clothing store Mango, on the Costa del Sol.
The total store area of 271.85 sq.m. It consists of 4 commercial spaces 1 room - 2nd level - 115.15 sq.m. 2 room - 1st floor - 82.10 sq.m. 3 room - level 2 - 74.60 sq.m.Mango - a popular Spanish brand specializing in the manufacture of clothing, footwear and accessories for women, men and children. Under this brand also produces watches, underwear and fragrances. The brand was founded in 1984 by brothers Ayzakom and Nachman Andica. In 1984 Ayzak Nachman and opened its first store women's clothing on the street Passeig de Gràcia in Barcelona.Mango brand is represented in 109 countries and has 2,730 stores. MANGO currently has a large staff - 16 625 people worldwide. The annual turnover in 2015 amounted to 2 million mlrd.017. Euros, 15% more than in the previous year, and well above the company's forecasts. MANGO's EBITDA in 2015 showed a slight decline to EUR 170 million, due to investments in the construction of a new logical center in Lliçà d'Amunt. The company plans every year opening of 45 new stores, both on the international and the domestic market. Currently, the ratio of internal and international traffic is 81% and 19% respectively of the total turnover.The shop is located on the main street, in a large, popular seaside resort with high incomes, both population and visiting tourists who visit the resort all year round.Store Price - 1 700 000 euros. Leases concluded separately for each of the three areas. The lease term is 15 years. compulsory execution of the contract for 2 years, until July 2017. The monthly rent to June 2017 - 6500 Euro + VAT. Monthly rent from July 2017 - 7000 Euro + VAT. In the sixth year of the lease will increase IPS + 5%. At the 11-year lease will increase IPS + 5%. All charges: water, garbage disposal, insurance, property tax paid by the tenant. The rental yield is 4.6% per annum. The documents are ready to deal. Additional information is available upon request.
Asking Price Between $1,000,000 and $2,500,000
Sales Between $1,000,000 and $2,500,000
Profit Available On Request
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