Restaurant 581 m² in Madrid, Spain

On sale commercial premises with a reliable tenant in Madrid.

Environment:

• dense residential area;
• developed infrastructure for living: bank branches, supermarkets, medical center, pharmacies, sports centers and a park;
• an active commercial area represented by the following major players: McDonald’s, Burger King, Lidl, Carrefour, Mercadona and so on;
• stop public transport, including the metro;
• Several hotels, including the large international chain Ibis.

The facility is leased for a restaurant of a large international chain.

Terms of lease:

• contract signed: October 2024;
• duration of the lease: 10 years;
• period of mandatory execution: 5 years;
• Rental cost: 20.000 EUR / month;
• Expenses on IBI tax and on communidad are paid by the tenant;
• yield: 4.5%.

The two-storey room is located on the ground floor of a historic residential building. The room is equipped with a unique corner facade, which is perfectly visible from both sides of the building. The total area is 581m2, distributed as follows:

• main floor: 340;
• Basement floor: 241m2.