Cafe, restaurant in Madrid, Spain, 91 m²

Commercial space near the metro station on one of the central streets of Madrid Calle de San Bernardo - high pedestrian and car traffic, profitability - 5%. The area of the premises is 91 sq.m., two glass windows, technical equipment includes a hood.

Currently the tenant of the premises is a hamburger restaurant with popular American cuisine. The lease agreement is signed in November 2021 for a term of 10 years.

Security deposit: EUR 20,352.

Rent per month: EUR 3,392.40 + VAT

Rent per year: EUR 40,708.80 + VAT

Cost: EUR 770,000

IBI tax: EUR 606 per year (to be paid by the tenant)

Housing and utilities tax: EUR 47.10 per month (payable by the tenant)

Yield: 5% p.a.