Retail store in Spain 533 sq.m. No. 151928

Property description

A corner unit with tenant for sale 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;500 metres from the city's main avenue Gran Via;countless hotels, including the Hyatt, Petit Palace and Pestana CR7;public transport stops, including 2 metro stations within 300 metres.
The property is leased for a fashion boutique.

Lease terms:
Agreement signed: November 2025;Lease duration: 15 years;Binding period: 5 years;
rental value: 12.200€/month;annual rental increase according to IPC (consumer price index) starting from the 4th year of the lease;starting yield: 5.86%.
The corner two-storey property is located on the ground floor of a residential building. The property has a unique 38 metre long corner facade which is perfectly visible from both sides of the building. The total area is 533m2, distributed as follows:
main floor: 282m2;basement: 172m2.
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