Cafe / restaurant in Spain 295 sq.m. No. 151934

A two-storey property for sale in a respectable neighbourhood of Madrid.

Community:
Nuevos Ministerios Gardens - one of the most important tourist attractions; Europe's key stadium - Santiago Bernabeu; Large shopping centre El Corte Engles; Elite area with the necessary infrastructure for life; Over 5 hotels within 300 metres, including a luxury Hilton hotel.
The property is located in the heart of the AZCA financial district, Madrid's key business cluster. The location is characterised by a high level of commercial activity and excellent transport accessibility: Santiago Bernabéu and Nuevos Ministerios metro stations, easy access to motorways and only 16 minutes from Barajas Airport.

The property is leased to a fashionable Japanese restaurant.

Lease conditions:
Agreement signed: November 2019;Lease duration: 15 years;Rent price: 13.467€/month; IBI tax and comunidad costs to be paid by the tenant;Yield: 4.4%.
The two-storey property is located on the ground floor of a residential building and is equipped with an extractor hood. The total area is 295m2 which is distributed as follows:
first floor: 225m2;second floor: 70m2.
C3 licence for full restaurant activity is included in the price. The property is also equipped with a terrace, which is a rarity in the Spanish capital.