Cafe / restaurant in Spain 335 sq.m. No. 151897

Property description

A commercial space for sale with tenant in a respectable neighbourhood of Madrid.

Environment:
one of the largest stadiums in Europe - Santiago Bernabeu;Castilla Square;
dense residential area;densely populated area with developed infrastructure (bank branches, pharmacies, various establishments, chain supermarkets such as Mercadona and Lidl);number of hotels, including major international chains Melia Hotels, NH Hotels and even a Hilton hotel;educational institutions, including a school and a conservatory;public transport links, including a metro station across the road.
The property is leased for a Japanese restaurant under the following conditions:
contract signed: May 2025;lease duration: 10 years;obligatory performance: 2 years;rent price: 13.000€/month;annual rent increase according to IPC (Consumer Price Index);additional rent increase starting from year 6: 5%.
Thereby guaranteeing yield growth from 4.95% to at least 5.2%.

The corner two-storey unit is located on the ground floor of a modern residential building.