Cafe / restaurant in Spain 102 sq.m. No. 151936

Property description

Place for sale with tenant in the historic centre of Madrid.

The property is strategically located:
in the area with the highest commercial activity in the entire city;Chueca Square;San Anton City Market;300 metres from the city's main avenue Gran Via;countless hotels including Hyatt, Petit Palace and Pestana CR7;public transport links including 2 metro stations within 300 metres.
The property is leased for a conceptual café of a national chain.

Lease conditions: 
contract signed: June 2025;lease term: 15 years;commitment period: 2 years;lease price: 3.500€ / month;guaranteed rental value growth of 5% from 2035;starting yield of 5.2%.
The two-storey premises are located on the ground floor of a modern residential building and are equipped with an extractor hood. The premises is fitted with a prominent 6 metre long façade and glass shopfronts. The total area is 102m2 which is distributed as follows:
first floor: 83m2; basement: 19m2.
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