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Commercial property 203 m² in Madrid, Spain

Spain, Madrid
$1,07M
$5,256/m²
;
Commercial property 203 m² in Madrid, Spain
1
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Address Address
Params Params
Description Description
Media Media
ID: 3459764
Property ID on Realting
In CRM: 178593
ID of the ad on the website or in the company’s CRM
Last update: 27/05/2025

Location

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  • Country
    Spain
  • State
    Community of Madrid
  • City
    Madrid
  • Address
    Calle de Blasco de Garay
  • Metro
    Argüelles (~ 600 m)
  • Metro
    Canal (~ 800 m)
  • Metro
    Islas Filipinas (~ 600 m)
  • Metro
    Moncloa (~ 700 m)
  • Metro
    Quevedo (~ 700 m)
  • Metro
    San Bernardo (~ 800 m)
  • Metro
    Ventura Rodríguez (~ 900 m)

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $5,256/m²
  • Total area
    Total area
    203 m²

Description

Commercial premises directly in front of the main entrance to the famous commercial center, a few meters from Glorieta de Quevedo and San Bernardo streets, in the Chambury area. Exclusive location located in the heart of Arapiles district.

There's a hood and a restaurant license.

The total area is 203 m2, distributed at street level of 124 m2 and 79 in the basement. The tenant will perform a major repair of the premises.

The tenant is a bar.

Contract from 01.11.2023 for a period of 10 years.

Rental vacation 5 months.

The term of mandatory execution from the end of the rental vacation period is 2 years.

The rental amount is 46,800 euros a year.

A quota of 1,498.2 euros per year is paid by the tenant.

Property tax of 683.78 euros per year is paid by the tenant.

Profitability 5%.

Location on the map

Spain, Madrid
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Commercial property 203 m² in Madrid, Spain
Spain, Madrid
$1,07M
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