Retail store in Spain 72 sq.m. No. 151877

ID151877
€ 788 000
- EUR €
- USD $
- RUB ₽
- NOK kr
- GBP £
Property description
Place for sale with tenant in the historic centre of Madrid.The property is strategically located:
in the area with the highest commercial activity in the whole city;Chueca Square;San Anton City Market;400 metres from the city's main avenue Gran Via;700 metres from the Bank of Spain building and the city's main square;countless hotels, including Hyatt, Petit Palace and Pestana CR7;the metro station across the street from the premises.
Lease terms:
contract signed: October 2024;lease term: 10 years;commitment period: 2 years;rent price: €3,350/month;yield 5.
1%.
The yield is thus guaranteed to increase from 5.32% to at least 5.6%
The property is located in a historic residential building and features a bright facade, 5 metres long. The total area is 72m2, which is distributed as follows:
first floor: 52m2;ground floor: 20m2.
.
Chueca (Justicia) is not just a neighbourhood in the centre of Madrid, but a true symbol of freedom, cultural avant-garde and investment appeal. Located between Fuencarral, Ortales and Gran Via, Chueca has become one of the capital's most dynamic and sought-after neighbourhoods in recent decades. It is a harmonious blend of historic architecture, modern art spaces, boutiques, gastronomic establishments and a vibrant nightlife.
The neighbourhood is renowned for its cultural events, including the Visible festival, and is a destination for creatives and investors. Chueca is an ideal place to invest in property, start a business or live in the heart of Madrid, thanks to its extensive infrastructure, including metro stations and proximity to major transport links.
Life4cuts is a South Korean chain of automated photo studios specialising in creating stylish and high-quality selfie photo portraits. Founded in 2019, the company has rapidly expanded its presence, opening more than 300 locations around the world, including South Korea, Japan, the US, Canada, and European countries. In Spain, Life4cuts began operations in 2022 and today operates several photo studios in major cities such as Madrid and Barcelona.
Life4cuts' business model is based on franchising and the use of modern technology: each studio is equipped with professional equipment that allows users to create high-quality photos themselves without staff. This ensures low operating costs and high profitability. The company actively promotes its services through social networks, attracting a young audience and ensuring a steady flow of clients.
The yield is thus guaranteed to increase from 5.32% to at least 5.6%
The property is located in a historic residential building and features a bright facade, 5 metres long. The total area is 72m2, which is distributed as follows:
first floor: 52m2;ground floor: 20m2.
.
Chueca (Justicia) is not just a neighbourhood in the centre of Madrid, but a true symbol of freedom, cultural avant-garde and investment appeal. Located between Fuencarral, Ortales and Gran Via, Chueca has become one of the capital's most dynamic and sought-after neighbourhoods in recent decades. It is a harmonious blend of historic architecture, modern art spaces, boutiques, gastronomic establishments and a vibrant nightlife.
The neighbourhood is renowned for its cultural events, including the Visible festival, and is a destination for creatives and investors. Chueca is an ideal place to invest in property, start a business or live in the heart of Madrid, thanks to its extensive infrastructure, including metro stations and proximity to major transport links.
Life4cuts is a South Korean chain of automated photo studios specialising in creating stylish and high-quality selfie photo portraits. Founded in 2019, the company has rapidly expanded its presence, opening more than 300 locations around the world, including South Korea, Japan, the US, Canada, and European countries. In Spain, Life4cuts began operations in 2022 and today operates several photo studios in major cities such as Madrid and Barcelona.
Life4cuts' business model is based on franchising and the use of modern technology: each studio is equipped with professional equipment that allows users to create high-quality photos themselves without staff. This ensures low operating costs and high profitability. The company actively promotes its services through social networks, attracting a young audience and ensuring a steady flow of clients.
Contact the seller
CitySpain
TypeRetail store
Living space72 m2
Price
- Price
- per m²
€ 788 000
- EUR €
- USD $
- RUB ₽
- NOK kr
- GBP £
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