Commercial property in Barcelona, Spain, 1 318 m²

Spain. Barcelona. Commercial. Rental business.
Commercial space
€13,655,000
REF BA156
Commercial space in the heart of Barcelona in the Eixample district.
Total area: 1,318 sq m: 477 sq m on the ground floor, 390 sq m on the second floor, and 451 sq m in the basement.
The tenant is a well-known cosmetics retailer.
Contract signed on April 23, 2024, for a period of 15 years.
Mandatory performance period: 7 years.
2-month deposit plus 2 months of additional security.
Rent is €568,000 per year.
The tenant receives a rent discount in the first, second, and third years.
Expenses of €38,000 per year are partially covered by the tenant (€6,000 per year and €32,000 per year by the owner).
Profitability: 4.15%.
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