Commercial property for sale in Eixample, Spain

Commercial premises located in the Eixample district, close to the Arc de Triomf and Estació del Nord. Residential area with high tourist traffic, equipped with all services. The premises are currently rented to a well-known pizza chain with 12 restaurants in Madrid, 1 in Valencia, and 3 in Barcelona (2 of them under development), which is currently continuing its expansion in Spain's main cities. It features a smoke extraction duct, bar-restaurant license, and terrace license with capacity for 10 tables.

• Contract start: 25 August 2021

• Duration: 20 years

• Mandatory compliance period: 5 years

• Rent: 9,000€/month

• Community expenses: borne by the tenant

• IBI: 1,276.35€/year, borne by the landlord

• Guarantees: 16,000€ legal deposit plus 32,000€ bank guarantee

• Yield: 4.1% net

• Activity license: The tenant is obliged to transfer the license in favor of the property at the end of the contract