€ 319,500
Commercial for sale in Palma de Mallorca, Mallorca
- 275 m2
Description
Investment opportunity: Commercial premises with an established self-storage business in operation – estimated gross business yield of 9.44%. Net operating yield of 8.88%, including estimated acquisition costs.
Commercial premises of 234 m2 distributed over two levels, currently fitted out and operating as a self-storage business.
An excellent opportunity for investors looking to acquire an established business with recurring income and straightforward management.
The premises currently comprise 31 rented storage units of different sizes, ranging from 1 m2 to 6 m2, catering to a variety of storage needs.
Key investment advantages:
- Established, fully operational business with an existing customer base.
- 31 storage units currently rented out.
- Located in a square with high pedestrian traffic.
- Area with strong demand for storage space.
- Storage units in different sizes to meet customers' individual requirements.
- Competitive pricing in line with the local market.
- Easy-to-manage business with low maintenance requirements.
This is an attractive opportunity for investors wishing to acquire an established business with a simple operating structure and potential for further growth.
The premises are being sold together with the fully operational business, allowing the new owner to continue trading from day one and benefit from the existing customer base.
An investment offering attractive potential in an increasingly in-demand sector.
Features
- Commercial
- Build Size: 275 m2
- Floor number: 1
- Energy Certificate (Consumption): G
- Energy Certificate (Emissions): G