Commercial property Ispaniya, Spain, 667 m²

Commercial space in the center of Gijon, Asturias.

Total area 667 sq. m.: 315 sq. m. on the ground floor and 352 sq. m. basement space.

Currently rented by a large chain of clothing stores.

The contract was signed on March 20, 2019 for a period of 20 years.

Annual rent is 230,000 euros.

Real estate tax of 3,200 euros per year is paid in half by the tenant and the owner.

Quota for communal services and garbage removal paid by the tenant, the amount is to be determined.

Profitability 5.6%