Commercial premises for sale with a reliable tenant in a residential area of Barcelona.
Environment:
The property is leased for a supermarket of a chain widespread in Barcelona. The lease agreement was signed in July 2023 with mandatory execution until August 2025. The rental price is 4.500€ / month, thanks to which the yield exceeds 5.74%. The agreement provides for an annual increase in rental price, according to the IPC (Consumer Price Index), as well as an additional increase of 5%, starting in 2031. Thus, yield growth is guaranteed to at least 6%. Such profitability is rare for premises of this level.
The premises with a total area of 173 m2 are located on the ground floor of a high-rise residential building and are equipped with a bright facade, as well as glass display cases, which are clearly visible from both the roadway and pedestrian parts of the street.