Commercial property in Spain 442 sq.m. No. 151898

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 the 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 restaurant use under the following terms:
Signed: January 2025;Lease term: 10 years;Binding performance: 3 years;Rent value: 9.500€/month;Yield: 5%
The corner two-storey property is located in a high-rise residential building and has a 20 metre long façade. The unique advantage of the object is a terrace of 100m2. The total area of the premises is 442m2, which is distributed as follows:
main floor: 228m2;
basement: 214m2.
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