Caminho do Pico D`Água, 124, Ribeira Grande, Açores, 9600

Caminho do Pico D`Água, 124
Ribeira Grande Açores 9600
Portugal

CO-EXCLUSIVE

Property

Ownership: For Sale
Type: Commercial Sale
Rooms: 18
Bathrooms: 4
Pets: Pets Unknown
Area: 126645M² (1363195 sq ft)
Lot Size: 4380 sq ft
Tenure: Freehold

Financials

Price: €1,300,000
($1,560,000)
Victor Oliveira
Real Estate Private Broker
Avenida da Liberdade, 129 B , 1250-140 Lisbon

Description

The property corresponds to the headquarters and technical services of the company Provise SA.

was founded in November 1994 on the island of São Miguel, Azores. Its main core business is the provision of Human Surveillance services, as well as the sale of electronic security systems, and access control, operation and management of reception centers and alarm monitoring.

Its the largest Private Security company in the Azores. Anchor clients such as SATA Azores Airlines, EDA, Electricity of the Azores, Banco Crédito Agricola, Shopping mall, Solmar Avenida Center, among others.

Located on a plot of 4,380m2
The property corresponds to three buildings that are developed on one floor and have the following characteristics:

Headquarters Building 550.78m2
Formation Building 102.13m2
Offices and warehouse 613.54m2

It is located on the regional road that connects Ponta Delgada to Ribeira Grande, about 5 minutes by car from the center of Ponta Delgada.
All buildings have a resistant reinforced concrete structure, good finishes (compatible with uses) and are in good condition. The land is fenced with a good level of exterior arrangements that include a parking area and paved streets and also
garden area.
The head office building comprises 12 offices, a dining hall, a control room and 4 toilets. The training building comprises a hall, a training room and a toilet. The technical support building, offices and warehouse includes 2 technical support compartments, generator room, archive, storage area.
garage, 6 offices, toilets and warehouse.

In terms of the Assessment carried out by an external expert, it is concluded that we can say that, depending on the criterion used, the Cost Method and the Market Method - the assumptions considered, the property presents values ​​compatible with what was attributed to the properties in 2020 with a Market Value of € 1,400,000.00.

Strongly implanted in the Azorean market, it has operational facilities in Terceira Island, Faial Island and Madeira Island, as well as in the city of Porto and a commercial office in Lisbon and has the support of 400 employees and holds licenses 69 A and 69 C of the Ministry of Internal Administration.

NOTE: Correct adress: Caminho do Pico D`Água, 124, 9600-049 Pico da Pedra São Miguel Açores - Google Maps adress is incorrect!

Chronogram:

1994 Start of activity in S. Miguel;
1996 Opening of offices in Terceira and Faial Islands;
1997 Opening of Office in Madeira Island;
2005 Opening of an Office in the city of Porto;
2014 Opening of an Office in the city of Lisbon.

The Company has an excellent reputation and stable revenue margins, especially now with the pandemic. The main business is safety of people and goods, Security and Safety.

Payment of a Yield of 6%/year, which gives a monthly return of € 6,500.00, through a 15-year lease.

Azores won Europe`s Leading Adventures Tourism Destination 2020 by World Travel Awards.

São Miguel is the biggest island of the archipelago of 9 islands.

Amenities

  • 24 Hour Security Guards
  • Abundant Closets
  • A/C units
  • Back Yard
  • Garage
  • Garden

Exposures

  • East
  • North
  • South
  • West

Asset for sale-leaseback 6% yield - Azores

Description

The property corresponds to the headquarters and technical services of the company Provise SA.

was founded in November 1994 on the island of São Miguel, Azores. Its main core business is the provision of Human Surveillance services, as well as the sale of electronic security systems, and access control, operation and management of reception centers and alarm monitoring.

Its the largest Private Security company in the Azores. Anchor clients such as SATA Azores Airlines, EDA, Electricity of the Azores, Banco Crédito Agricola, Shopping mall, Solmar Avenida Center, among others.

Located on a plot of 4,380m2
The property corresponds to three buildings that are developed on one floor and have the following characteristics:

Headquarters Building 550.78m2
Formation Building 102.13m2
Offices and warehouse 613.54m2

It is located on the regional road that connects Ponta Delgada to Ribeira Grande, about 5 minutes by car from the center of Ponta Delgada.
All buildings have a resistant reinforced concrete structure, good finishes (compatible with uses) and are in good condition. The land is fenced with a good level of exterior arrangements that include a parking area and paved streets and also
garden area.
The head office building comprises 12 offices, a dining hall, a control room and 4 toilets. The training building comprises a hall, a training room and a toilet. The technical support building, offices and warehouse includes 2 technical support compartments, generator room, archive, storage area.
garage, 6 offices, toilets and warehouse.

In terms of the Assessment carried out by an external expert, it is concluded that we can say that, depending on the criterion used, the Cost Method and the Market Method - the assumptions considered, the property presents values ​​compatible with what was attributed to the properties in 2020 with a Market Value of € 1,400,000.00.

Strongly implanted in the Azorean market, it has operational facilities in Terceira Island, Faial Island and Madeira Island, as well as in the city of Porto and a commercial office in Lisbon and has the support of 400 employees and holds licenses 69 A and 69 C of the Ministry of Internal Administration.

NOTE: Correct adress: Caminho do Pico D`Água, 124, 9600-049 Pico da Pedra São Miguel Açores - Google Maps adress is incorrect!

Chronogram:

1994 Start of activity in S. Miguel;
1996 Opening of offices in Terceira and Faial Islands;
1997 Opening of Office in Madeira Island;
2005 Opening of an Office in the city of Porto;
2014 Opening of an Office in the city of Lisbon.

The Company has an excellent reputation and stable revenue margins, especially now with the pandemic. The main business is safety of people and goods, Security and Safety.

Payment of a Yield of 6%/year, which gives a monthly return of € 6,500.00, through a 15-year lease.

Azores won Europe`s Leading Adventures Tourism Destination 2020 by World Travel Awards.

São Miguel is the biggest island of the archipelago of 9 islands.

Amenities

  • 24 Hour Security Guards
  • Abundant Closets
  • A/C units
  • Back Yard
  • Garage
  • Garden

Exposures

  • East
  • North
  • South
  • West

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.