A firm from Santa Pola pays 6.5 million for El Corte Inglés premises in Alfonso el Sabio

A firm from Santa Pola pays 6.5 million for El Corte Inglés premises in Alfonso el Sabio

A heritage society of a family settled in Santa Pola is the new owner of the premises that until recently occupied The English Court in the avenue of Alfonso el Sabio from Alicante, one of the most coveted locations in the city. Although it had been agreed before, the operation was formalized last July and the price paid was 6.5 million euros, as confirmed by this newspaper. An amount adjusted to the market, in one of the most sought-after areas of the provincial capital.

What has not transpired is the use that the new owner wants to give it, although everything indicates that the intention is to look for a new tenant who wants lease it to make the investment profitablesince the main object of the company is, precisely, the rental of commercial premises. Thus, at the end of last year the company accumulated assets worth more than 13 million euros, according to the latest accounts deposited in the Mercantile Registry.

The sale of this premises is part of the process of reorder your offer that El Corte Inglés is carrying out throughout the country and that, for example, has also led it to divest itself of the building it occupied at number 1 Calle Colón in València, also in a “premium” location, or of those it had the chain in the Parquesur and La Vaguada shopping centers, in the community of Madrid.

As they pointed out from the chain when the closure of the establishment was revealed, the objective of this restructuring is concentrate its activity in those larger centers, where they can offer their entire offer, and gradually abandon the smaller ones, generally specialized. A movement with which he wants to gain in efficiency.

READ ALSO :   5 start to pay attention to stock coverage today

This was the case of the premises of Alfonso el Sabio, which took advantage of the gap left by the departure of Simago. Initially opened under the banner of sphere -the brand that El Corte Inglés launched in the early 2000s to stand up to the expansion of the Inditex chains and other firms such as Springfield-, the company had already converted it into a multi-brand store, although specialized in young fashion.

After the sale is completed, the final closure of the establishment occurred mid august and with the arrival of September the transfer of keys took place. The approximately 20 workers that the establishment had have already been relocated to the company’s centers in Federico Soto and Maisonnave.

The premises in question have some 4,500 square meters distributed over five floors, three of them in height, plus a basement and a semi-basement. Although the prices of Maisonnave are not paid, Alfonso el Sabio avenue remains one of the main commercial arteries of the city, although it is dominated by catering establishments and independent shops.

Among the latest real estate operations in the area, the purchase by the Marjal Group of the old building of the Axa insurance company stands out, which the Guardamar company has converted into a coliving, that is, an apartment building for mid-term rentals.

Newsletter Updates

Enter your email address below to subscribe to our newsletter