Retail store in Ciutat Vella, Barcelona, Spain 85 sq.m. No. 151963

The property is rented out as a clothing shop.

Agreement conditions:
Signed: August 2022;Lease term: 10 years;Rate: 4.500€/month;Yield: 5.14%.
The property has a total area of 85m2 and is located on the ground floor of a historic residential building with glass windows and a unique 15 metre long corner façade.

Ciutat Vella is Barcelona's first district, which is considered the historic centre of the city and is home to Barcelona's oldest neighbourhoods such as El Born and the Gothic Quarter (Barrio Gotico). The Old Town is located between the Mediterranean Sea and the Eixample neighbourhood. The neighbourhood has one of the highest population densities in the city. The Old Town itself is one big attraction, which attracts a stream of tourists all year round.

Moda Barcelona is a local gift shop in the heart of Barcelona, located just steps away from Plaça de Catalunya and La Rambla, on one of the city's busiest shopping streets. The location provides a stable pedestrian traffic of tourists, students, office workers and local residents, which makes the site particularly attractive for fashion retail. The shop format is focused on urban fashion with a clear price positioning, which fits well with the audience profile of the neighbourhood.