Commercial property for sale in Eixample, Spain

Spain, Eixample Buy
from 3,500,000 EUR
Commercial 350 m² 0

Characteristics

Type Commercial
Square 350 m²
Rooms 0
Market Resale
Furnished kitchen

Description

Commercial premises for sale in an excellent location near Plaça Catalunya. This is a prime commercial area with all necessary services: restaurants, tourist accommodation facilities, and other infrastructure.

Transport accessibility

The premises are well connected to public transport, ensuring convenient access for clients and suppliers.

Property Characteristics

License: 2.3.4.1 — restaurant-bar with kitchen (owned by the proprietor). The premises are equipped with a smoke extraction system. The terrace includes 2 tables for 4 people each. Fully renovated in April 2019.

Rental terms

Contract start: April 1, 2019
Duration: 12 years
Rent: 166,668€ per year
Current tenant payment: 11,000€ per month (including COVID discount)

Financial Terms

Deposit: 2 months standard amount plus 4 additional months guarantee
Common area maintenance fees: 3,756€ per year (paid by tenant)
Property tax (IBI): 12,852€ per year (paid by tenant)
Net yield: 4.7%

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from 3,500,000 EUR