Commercial property in Madrid, Spain, 160 m²

Commercial premises a few meters from the famous Gran Via Street, opposite the Ministry of Education and Culture. The premises are located in the heart of the Central district of Madrid.

Availability of a license and a hood.

The total area is 159.49 m2.

The tenant is a restaurant.

The contract was signed on 31.07.2023 for a period of 10 years.

The mandatory execution period is 2 years.

The quota for the comunidad in the amount of 1,284 euros per year and the property tax in the amount of 1,641.23 euros per year is paid by the owner.

The profitability is 5%.