Commercial property 260 m² in Barcelona, Spain

Commercial premises for sale with a reliable tenant in Barcelona.

Environment:

• central residential area
• Sagrada Familia cathedral
• Plaza Catalan Glory
• many commercial facilities, including chain supermarkets, cafes, boutiques, as well as a large shopping center (Glories)

Passability of the Sagrada Familia area - more than 20 million people a year, which guarantees continuous foot traffic around the premises and good recognition.

The facility is leased for a cosmetology clinic, a well-known network in Spain. The lease agreement was signed in June 2022 for a period of 15 years with mandatory execution until 2025. The rental price is 3.547.73€ / month, resulting in a yield of 4.8%. The agreement provides for a clause to increase the rental price by 10% according to the IPC (Consumer Price Index) in 2025. Thus, an increase in profitability of up to 5.3% is guaranteed.

The premises with a total area of ​​260 m2 are located on the first floor of a residential building. Facade length: 5 meters.