Cafe / restaurant in Spain 339 sq.m. No. 151946

A commercial space for sale with a reliable tenant in the centre of Madrid.

The property is strategically located:
in the heart of the gastronomic and cultural part of the city, where countless establishments are located;600 metres from the main square of the city, Puerta del Sol, which is also the main transport hub of the capital;400 metres from the main avenue of the city, Prado Alley, and 600 metres from the Prado Museum, the second most visited museum in Europe.
This location unprecedentedly guarantees continuous pedestrian traffic around the premises throughout the year.

The property is leased to a Galician restaurant. The tenant has occupied the premises for more than 8 years and has recently renewed the lease under new terms.

Terms of lease:
lease term: until January 2041;binding period: until January 2031lease price: 12.000€/month;
yield: 4,5%.
The two-storey property with a total area of 339m2 is located on the ground floor of a historic residential building and features a bright façade which is highly visible from the street.