Restaurant 392 m² in Lower Empordà, Spain
Location
Property characteristics
Property parameters
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Price per m²€5,102/m² -
Total area392 m²
Description
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For sale is a two-storey corner commercial space with a tenant in a residential area of Barcelona.
Surroundings:
- dense residential area;
- developed infrastructure, both for living and for business activity, where the main chain supermarkets, bank branches, a gym and establishments for every taste and budget are presented;
- 7 hotels within a radius of 300 meters.
The property is leased for a restaurant of Argentine cuisine. The lease agreement was signed in February 2023 with mandatory execution until 2026. Lease duration: 20 years. The rental price will be:
- until February 2025: 8,500€ / month;
- from February 2025: 9,000€ / month;
- from February 2027: annual rental price increase according to the IPC (consumer price index);
- from February 2033: additional increase of +5%;
- from February 2038: additional increase of +5%.
Thus, an increase in profitability from 5.1% to 6% is guaranteed. IBI and community tax costs are paid by the tenant.
The corner premises with a total area of 392m2 are located in a historic residential building and feature a striking 10-meter-long façade and glass display windows on both sides of the building. The ground and main floor occupies an area of 335m2 and the first floor 56m2.
C3 license for full-fledged restaurant operations is included in the price.
Location on the map
