Shop 157 m² in Sant Marti dAlbars, Spain

For sale commercial premises with a tenant in a new residential complex of a dynamically developing area of Barcelona.

Environment:

• across the street from Encants Market, one of the city’s largest markets;
• Westfield Glòries shopping center, where fashion boutiques of famous brands, cafes and restaurants are located;
• Akbar Tower is the largest office building in the city.
• Glòries Square is one of the main squares of Barcelona.
• the intersection of two key transport arteries of the city – Meridian Avenue and Diagonal Avenue;
• a zone of high business activity with commercial premises and offices of various companies;
• The zone with the highest concentration of hotels, including well-known international chains: Holiday Inn, Four Point by Sheraton, Novotel, Melia and others;
• green areas and parks;
• residential area with new housing stock;
• public transport stops, including metro and tram stops.

The property has a unique location in a new residential area, where continuous pedestrian traffic is guaranteed throughout the year.

The property is leased for a supermarket under the following conditions:

• signing of the contract: as the purchase and sale transaction is concluded;
• duration of the contract: 10 years;
• period of mandatory execution: 2 years;
• Rental cost: 3,000 EUR/month;
• annual increase in rental costs according to IPC (Consumer Price Index);
• yield: 7.32%.

The corner two-storey room is located in a new residential building and is equipped with a corner facade 15 meters long. The total area of the room is 157m2, which is distributed as follows:

• main floor: 85m2;
• basement: 74m2.

This offer is not just an investment, but an exceptional opportunity to buy a primary property in the most modern area of Barcelona and receive a stable passive income.

San Martí is a district created as a result of reforms in the north-western part of Barcelona. Its population increased significantly in the XIX century and early XX century as a result of the industrial revolution and its annexation to the city. The hallmark of this quarter has long been the industrial sector, but now it is a densely populated area with multi-storey residential buildings and developed infrastructure.