Commercial property in Madrid, Spain, 145 m²

Spain. Madrid. Commercial. Rental business. Commercial premises.
No. 50143
€840,000
Area: 145 m²
Profitability: 5%
Annual income: €42,000
Community fee: €840
Annual tax: €1,362.06
Commercial premises just meters from the Las Ventas bullring and in the Ciudad Lineal district of Madrid. Situated in an area with high pedestrian and road traffic, surrounded by shops and gastronomic offerings.

An exclusive location offering high returns for investors.
The total area is 145 m², distributed between 116.50 m² at street level and 28.50 m² on the ground floor.
There is an extractor fan and a restaurant and terrace license.
Capacity: 24 people.
A comprehensive renovation costing €60,000 has been completed.
The tenant is a restaurant.
The contract was signed on July 24, 2023, for a period of 10 years.
The mandatory term is three years.
The tenant pays a community fee of €840 per year and a property tax of €1,362.06 per year.
Profitability: 5%.
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