Commercial property 5 000 m² in Barcelona, Spain

For sale parking in a residential area of Barcelona.

Environment:

• dense residential area;
• An important avenue of the city of Avenida Meridiana;
• developed infrastructure of a densely populated area;
• active commercial zone: chain supermarkets, sports halls, branches of large banks, various establishments;
• a large sports center and school;
• several hotels in the immediate vicinity;
• public transport stops, including 2 metro stations.

The property occupies 5,000 m2 of commercial space distributed over three floors, with a total capacity of 290 parking spaces. 121 seats have already been sold, the remaining 169 seats have been leased to one of the leading operators.

Terms of lease:

• contract signed: 2019;
• the contract is renewed every 5 years;
• last extension: 2023;
• fixed part of the lease: 5.300 EUR / month;
• the lessee pays an additional variable part on the account of the lease (percentage of profit);
• annual increase in the cost of rent according to IPC (consumer price index);
• Expenses on IBI tax and on communidad of €39,480/year are paid by the tenant.

The cost of each place is 15,000 euros, which makes the investment even more promising.