On sale commercial premises with a tenant in a respectable residential area of Madrid.
Environment:
- dense residential area;
- an active commercial area represented by major national and international brands: Lidl, Movistar, Druni, Dunkin Donats, Burger King, KFC;
- Mercado Maravillas City Market
- public transport stops, including 2 metro stations within a radius of 400 meters;
- Nuevos Ministerios Square is an important attraction, where there are 2 shopping centers and the station is 1 km from the property.
Terms of lease:
- Agreement signed: September 2023;
- duration of the lease: 10 years;
- period of mandatory execution: 3 years;
- Rental cost: 3.500 EUR / month;
- annual increase in the cost of rent according to IPC (consumer price index);
- an additional increase in rental costs by 5% from September 2029;
- The IBI tax and the cost of the communidad are paid by the tenant.
Thus, the yield growth from 5.32% to at least 5.6% is guaranteed.
The room is located in a high-rise residential building and is equipped with a bright facade, 7 meters long. The total area is 82m2, which is distributed as follows:
- ground floor: 55m2;
- Ground floor: 27m2.
Tetuan is a diverse and dynamic area located in the northwest of Madrid. The area is known for its residential and business diversity. Here you can find both modern office buildings and more traditional residential areas. Tetouane is home to financial and business centers, including the skyscrapers on the Paseo de la Castellana, which symbolize Madrid's economic strength. One of the main attractions of the district is the Santiago Bernabeu Stadium, located in its southern part, which makes Tetouane an important center of sports and entertainment life.
In addition, the area offers many opportunities for recreation. There are parks in Tetuane where residents and guests can enjoy nature and outdoor activities. There are also many cafes, restaurants and shopping malls in the area, making it attractive for people looking for an active urban lifestyle.
Tetouan attracts residents of different ages and occupations due to the availability of housing, good transport infrastructure and proximity to the main business districts of the city.
Sunnis is a chain of clothing stores, consisting of 2 points in Madrid. The business is popular with local residents, who form the main revenue for the business. The network has an extensive base of regular customers, and an impeccable reputation.
