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770 000 €

Cafe, restaurant in Madrid, Spain, 91 m²
  • Cafe, restaurant in Madrid, Spain, 91 m² - picture 1
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  • Cafe, restaurant in Madrid, Spain, 91 m² - picture 1
  • Property ID on Prianproperty.com: 3946272
    Last update: 26.09.2024
    Number of views: 643

770 000 €

Cafe, restaurant in Madrid, Spain, 91 m²

91 sq.m 5% per year

  • Property ID on Prianproperty.com: 3946272
    Last update: 26.09.2024
    Number of views: 643

Specifications

Sale price 770 000 €
Price per square meter 8 461.54 €
Floor area 91 m²
Construction phase Resale
Floor 1
Address Spain, Madrid
Location within the city
to the historical city center 900 meters
to a metro station 260 meters

Finance

Profitability
Annual return 5 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%


Description

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.


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Representative

Elena Pinkhasik
Head of EU Direction
Languages: english
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Seller
Elena Pinkhasik Head of EU Direction

Intermark Global

Languages: english
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