Retail store in Spain 290 sq.m. No. 151918

Property description

A commercial property for sale with a reliable tenant in a residential area of Madrid.

Environment:
Dense residential area with steady customer traffic;Developed infrastructure: schools, medical centres, supermarkets (including chain stores such as Mercadona), pharmacies and cafes;the largest park in the city, Casa de Campo, which is home to the Madrid Zoo;just a 2-minute walk to Batán metro station (line 10) and close to bus stops;
The property is leased for a supermarket to a large national chain.

Lease conditions:
lease signed: 1 October 2002;lease term: 30 years;rent: 6,019 €/month;yield: 5,35%.
The 290 m² retail space is located on the ground floor of a residential building and has an open plan, which allows for efficient use of the entire space. The location in a densely populated and well-established neighbourhood ensures a steady flow of customers, while the proximity to the metro and public transport stops makes the property accessible to a wide audience.