Restaurant 139 m² in Hostafrancs, Spain

Corner commercial space for sale in the residential area of ​​Hostafrancs. The property is located on the main busy street of the area, one block from the metro station. High level of pedestrian traffic.

Surroundings:

• Plaza d'Espanya
• Shopping center "Arenas"
• Metro station
• High school
• Offices
• International chain hotels

The property was leased as a cafeteria in July 2023 for a period of 15 years, with mandatory execution of the contract for 2 years. The rental price is 3,500 € / month, due to which the yield reaches 5.25%. The contract provides for a clause on the increase in the rental price according to the IPC (consumer price index), starting from July 2024. The new rental price will be 3,605 € / month. Thus, the growth of profitability up to 5.41% is guaranteed.

The corner premises with a total area of ​​129 m2 are located on the first floor of a residential building. The noticeable glass facade of 14 meters in length is clearly visible from both sides of the building. The price of the property includes a bakery license.