Propiedad comercial en Madrid, España, 145 m²

Spain. Madrid. Rental business. Commercial premises #50143 in Madrid
€840,000
Area: 145 m²
Profitability: 5%
Annual income: €42,000
Communidad fee: €840
Annual tax: €1,362.06
This commercial premises is located just meters from the Las Ventas bullring and in the Ciudad Lineal district of Madrid. It is located in an area with high pedestrian and road traffic, surrounded by shops and gastronomic offerings.

An exclusive location offering high returns for investors.

The total area is 145 m², distributed between 116.50 m² at street level and 28.50 m² on the ground floor.

There is a range hood and a license for a restaurant and terrace.
Capacity: 24 people.
Comprehensive renovations costing €60,000 have been completed.
Tenant: restaurant.
Contract signed on July 24, 2023, for a period of 10 years.
Mandatory performance period: 3 years.

The tenant pays a community fee of €840 per year and a property tax of €1,362.06 per year.
Profitability: 5%.
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