Commercial premises a few meters from the Las Ventas bullfighting arena and in the full Ciudad Lineal district of Madrid, located in an area with large pedestrian and road traffic, surrounded by shops and gastronomic offers. An exclusive place offering high profitability for investors.
The total area is 145 m2, located in 116.50 m2 at street level and 28.50 m2 on the ground floor. There is a hood and license for a restaurant and terrace.
Capacity of 24 people. A comprehensive repair cost 60,000 euros was carried out.
The tenant is a restaurant.
The contract was signed 24.07.2023 for a period of 10 years.
Compulsory execution period of 3 years.
A quota of 840 euros per year and a property tax of 1,362.06 euros per year is paid by the tenant.
Profitability 5%.