Restaurant 105 m² in Spain, Spain

For sale is a premises with a tenant located in the "Golden Square" of Barcelona - part of the central Eixample district, where many monuments of modernism are located. Real estate in the Golden Square is in demand among investors from all over the world, including from the USA, Europe and Great Britain, due to its increasing profitability from year to year.

Environment:

• barcelona's main avenue – Avenue Diagonal, crossing the entire city from west to east, and providing large transport and pedestrian traffic for establishments and boutiques located here;
• central Boulevard of the city – Boulevard of San Joan;
• several hotels and hostels;
• public transport stops, including 3 metro stations within a radius of 500 meters;
• just 800 meters from the site is the famous Sagrada Familia Cathedral, which is visited by millions of tourists every year.

The property is leased as a restaurant. The tenant has occupied the premises for more than 15 years and a new contract for a period of 10 years will be concluded after the completion of the purchase and sale transaction. The rental price will be 3,000€/month, bringing the yield to 5.54%.

The premises with a total area of 105m2 are located on the ground floor of a historical residential building and are equipped with a bright facade over 3 meters long. The facility is equipped with a terrace with 8 seats. Capacity of the main part of the object: 44 people.

The C3 licence for restaurant activities is included in the price.