Commercial property 1 886 m² in Catalonia, Spain

Commercial premises with a tenant are on sale in the "Golden Square" of Barcelona - part of the central Eixample district, where many monuments of modernism are located. Real estate in the Golden Square is in demand among investors from all over the world, including from the USA, Europe and Great Britain, due to its increasing profitability from year to year.

Environment:

• The main transport hub of the city is Plaza Catalunya
• The famous Passeig de Gracia boulevard, where fashionable boutiques, luxury restaurants and key attractions of the city are presented (for example, the creation of Antonio Gaudi - Casa Batllo)
• University of Barcelona
• University Square with many establishments and increased commercial activity

The facility is leased by an international network of gyms with a long-term contract until July 2047 and mandatory until 2029. The rental price is 10% of the tenant's revenue.

Real revenue figures:

• January 2023: 170,000€
• February 2023: 183,000€
• March 2023: 187,000€
• April 2023: 171,000€

In case of unforeseen crises that interfere with work (such as a pandemic), the contract provides for a minimum guaranteed rental price: 7,500€/month.

The premises are located in a historical residential building built in 1920, listed in the catalog of modernist monuments in Barcelona. It is located on two floors with a total area of 1886m2 and is equipped with a glass facade 10 meters long, which gives the object visibility.

When purchasing this premises, the future owner also receives a share of 43.75% of the penthouse located on the top floor of the same building, guaranteeing the corresponding share of income from the sale or rental. As of June 2023, the estimated value of the stake is 200,000€. The living area is 60 m2 + 100 m2 of terrace.