Restaurant 339 m² in Madrid, Spain

On sale commercial premises with a reliable tenant in the center of Madrid.

The facility has a strategic location:

• in the heart of the gastronomic and cultural part of the city, where there are countless different establishments;
• 600 meters from the main square of the city - Puerta del Sol, which is also the main transport hub of the capital;
• 400 meters from the main alley of the city - Prado Alley, and 600 meters from the Prado Museum - the second most visited museum in Europe.

This location unprecedentedly guarantees continuous pedestrian traffic around the premises throughout the year.

The room is rented out for a Galician restaurant. The tenant has been occupying the premises for more than 8 years and has recently renegotiated the lease on new terms.

Terms of lease:

• duration of the lease: until January 2041;
• Compulsory execution period: until January 2031
• Rental cost: 12.000 EUR / month;
• yield: 4.5%.

The two-storey room with a total area of 339m2 is located on the first floor of a historic residential building and is equipped with a bright facade, which is perfectly visible from the street.