Commercial premises located in front of the Puerto Deportivo de Mogán (Las Palmas de Gran Canaria), known as Avenida de la Riviera, with intense transit of tourists throughout the year, being mostly Foreign Tourism (mostly Germans and English), and who value the attractive marine enclave on the Canary Island with its beaches and Puerto Deportivo, as well as the high quality of its hotel accommodations, the variety of restaurants and shops.
The surface of this Local is 40 m2 with an annexed terrace discovered of another 40m2 more, having discharged the connections of light and water.
The Owner (Assignee) of this commercial premises, by means of Deed of Sale / Purchase signed on 12/23/1985, acquires the Assignment of Use and Enjoyment, being able to assign it in turn to third persons with all the rights and obligations inherent to ownership. .
It is currently rented and is commercially intended for sale to the public of Jewelery and Jewelery items.
The Renting party by means of Rental Contract for years, pays the Property Tax (IBI), the expenses of Community of Owners (ordinary monthly and extraordinary fees for spills if they arise), Garbage Rate, Energy Consumption like any other expense related and finally is obliged to keep contracted an insurance policy that covers the damages that could suffer the premises as the damages to third parties for a minimum of 130,000 euros of coverage.
The monthly payment to be paid by the tenant established in the current rental contract is 5,328, 75 euros / month plus the payment of the IGIC (Indirect Canary Tax that is 7% (total monthly payment 5,702 euros) translated to Annual Income of 68,424 euros (Net and without additional expenses for the Owner / Assignee.
Important in the acquisition of this Assignment, the excellent economic quality of the tenant, since this company has its commercial activity very consolidated in the Canary Islands, having several points of sale in Las Meloneras, Maspalomas and Santa Cruz de Tenerife.
Contiguous to this Local, the Owner has also rented jointly to the same tenant another Commercial premises with the same characteristics.
Undoubtedly, the acquisition of this Commercial Transfer represents an excellent opportunity as Investment and continuity of commercial exploitation in a Zone with TOURIST EXCELLENCE in the Canary Islands.