Retail store in Spain 126 sq.m. No. 151950

Property description

A commercial space for sale with tenant in a prestigious central Madrid neighbourhood.

Surroundings:
residential area; developed infrastructure with a high concentration of commercial premises, including major international companies (Vodafone, Ikea, Zara, Oysho, Carrefour and others), as well as several chain gyms and the city market Mercado de Vallehermoso; in the immediate vicinity of the shopping centre El Corte Ingles, as well as the University;public transport stops, including the metro 20 metres from the premises.
The property is leased as a premium cosmetics shop.

Lease terms:
contract signed: February 2025;lease duration: 10 years;commitment period: 3 years;
rent: 8.000€/month;
IBI tax and comunidade costs to be paid by the tenant;net yield: 4%.
The commercial space with a total area of 126 m² comprises a pronounced commercial area on the ground level (65 m²) with a ceiling height of over 3.5 metres and a wide linear façade of over 6 metres providing excellent visibility.