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Luxury Supermarket In Palma Old Town For Sale

Palma, Mallorca, Spain
Asking Price:
€500,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

I Move Spain are delighted to offer for sale as a business transfer (traspaso) this luxurious supermarket in the popular area in the old town of Palma Mallorca. This is a prime location, close to Palma marina, serving locals of the old town, tourists from surrounding hotels and the yachting industry, offering a delivery service to the boats. Set over two levels, with the ground floor offering fresh, chilled, frozen and dry produce, plus a great variety of premium wines and liqueurs and local speciality products. This supermarket is a new installation since 2023, with a full refurbishment and equipment throughout, new electrical and water installation, air conditioning, AI intelligent security camera system, walk in fridges for stock storage, an office and boardroom. Set in a beautiful building in quaint street in the old quarter, this is a perfect opportunity to acquire a ready made supermarket that is up and running and ready for an immediate handover. A viewing is highly recommended.

Licence: Supermarket

Rent: 4.400€

Contract: 10 years

Deposit: 1 month's rent

Stock: Excluded from the transfer price, estimated value around 80.000€

Property Information

Real Estate:

Lease

Location:

Busy area, touristic and local residents

Premises Details:

Leased