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Restaurant 335 m² in Spain, Spain

Spain
$3,57M
$10,670/m²
;
Restaurant 335 m² in Spain, Spain
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ID: 3481821
Property ID on Realting
Last update: 01/06/2025

Location

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  • Country
    Spain

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $10,670/m²
  • Total area
    Total area
    335 m²

Description

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On sale commercial premises with a tenant in a respectable area of Madrid.

Environment:

  • one of the largest stadiums in Europe - Santiago Bernabeu;
  • Place Castilla;
  • dense residential area;
  • densely populated area with developed infrastructure (bank branches, pharmacies, various establishments, chain supermarkets such as Mercadona and Lidl);
  • several hotels, including the large international chains Melia Hotels, NH Hotels and even the Hilton;
  • educational institutions, including a school and a conservatory;
  • public transport stops, including a metro station across the street.

The property is leased for a Japanese restaurant under the following conditions:

  • Agreement signed: May 2025;
  • duration of the lease: 10 years;
  • Mandatory execution: 2 years;
  • Rental cost: 13.000 EUR / month;
  • annual increase in rental costs according to IPC (Consumer Price Index);
  • additional rental growth starting from 6 years: 5%

Thus, the guaranteed increase in profitability from 4.95% to at least 5.2%.

The corner two-storey room is located on the ground floor of a modern residential building. The facility is equipped with a unique angular facade 44 meters long on three sides of the building, as well as a large terrace. The total area is 335m2, distributed as follows:

  • main floor: 229m2;
  • Basement floor: 206m2.

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Spain
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Restaurant 335 m² in Spain, Spain
Spain
$3,57M
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