Shop 93 m² in Spain, Spain

Commercial premises for sale in a respectable area of ​​Madrid.

Environment:

• Retiro Park - one of the main attractions of the Spanish capital;
• prestigious residential area with developed infrastructure (pharmacies, chain supermarkets, bank branches, cafes and restaurants);
• university hospital;
• city library;
• cinema.

The property was rented for a kitchen furniture store in September 2021 for a period of 10 years. The rental price is 2.600 € / month, thanks to which the yield reaches 6%. The agreement provides for an annual increase in rental price, according to the IPC (Consumer Price Index), as well as a 5% rental increase starting in 2026. This level of profitability, along with a guarantee of growth, makes the offer absolutely unique.

The premises are located on the first floor of a residential building built in the mid-20th century and occupy an area of ​​93 m2. The property is equipped with a bright and visible façade over 4 meters long and glass shop windows that are clearly visible from pedestrian and roadways, which is an advantage given the location on one of the busiest streets in the area.