Commercial property 650 m² in Barcelona, Spain

Commercial premises without a tenant in the central business district of Eixample.

Environment:

• developed infrastructure of the business district
• establishments for every taste and budget
• Park Joan Miró - one of the largest parks in the city
• many hotels, including the largest chains such as H10 and Axel

Currently The premises are leased, but the lease expires in May 2023 and will not be renewed. However, finding a new tenant will not be a problem, since Rocafort Street is included in the “super illas” program and will become semi-pedestrian in the summer of 2023. The rental price is 6.000€ / month, however the new owner can expect an increase in the rental price for the new tenant. Currently, the yield reaches 8.1%. This level of profitability is extremely rare for Barcelona, ​​which makes the offer unique.

Spacious premises with a total area of ​​650 m2 are located on two floors of a high-rise residential building.