Commercial property 721 m² in Spain, Spain

Commercial for sale with tenant in a privileged area of Barcelona.

Environment:

• residential area
• Touro Park
• city market Mercat de Galvany
• fashion boutiques
• several educational institutions (including one of the largest and most prestigious universities in the city - EU Business School)
• infrastructure of a developed residential area, including chain restaurants, supermarkets and shops

The facility was leased as a dance school in January 2023 for a period of 15 years. The rental price is 6,500€/month. The contract provides for an increase in rental costs under the following conditions:

• from January 2024 the rent will be 8.100€/month;
• from January 2025, rent will be 9,100€/month.

Thus, an increase in profitability from 4.4% to 6.2% is guaranteed%

This level of profitability is extremely rare for premises of this type, which makes the offer unique.

from 2026, rental prices will increase according to the Consumer Price Index (IPC). IBI tax costs of 5.860€/year and communidad costs of 343€/month are paid by the tenant.

The room with a total area of 721m2 is located in a high-rise residential building and is equipped with a transparent entrance area, as well as a bright and noticeable facade 5 meters long.

The area is distributed as follows:

• Ground floor with an area of 255m², adapted to various commercial needs;
• Second floor of 140 m² with large windows, where a lot of natural light penetrates.
• The 354 m² basement has significant potential for use as a warehouse or parking lot for 6 cars. Access to this floor is provided through a vehicle ramp, as well as from inside the premises.