Shop 573 m² in Spain, Spain

Commercial premises with a reliable tenant in Barcelona for sale.

Environment:

• a unique residential area, where in addition to apartment buildings there are also private houses and cottages;
• a very high population density area;
• all the necessary infrastructure for life - chain supermarkets, shops, beauty salons, pharmacies and bank branches;
• the only Orthodox church in Barcelona is only 30 meters away, where many believers from the CIS countries come every weekend.

The property is leased as a supermarket by one of the largest national chains. The lease was signed in March 2021 for a period of 15 years. The rental price is 4,500€/month, bringing the yield to 5.68%.

The corner space with a total area of 573m2 occupies 2 floors of a residential building. The area is distributed as follows:

• Ground floor: 328m2;
• Second floor: 245m2.

The facility is equipped with a unique facade, as well as glass display cases on both sides of the building, over 16 meters long.

Gracia is an area in Barcelona known for its dense development and narrow streets, like in the Old Town. The area is home to several important attractions, including Park Güell. Gracia is home to a large number of native Catalans and foreigners, and has the largest concentration of overseas restaurants in Barcelona.

Condis is a large Spanish supermarket chain founded in 1961 by the Condal Escude brothers. Today the chain has more than 400 supermarkets, more than 5,000 professional employees, and approximately 800 million euros in assets.