Cafe / restaurant in Sants-Montjuic, Barcelona, Spain 139 sq.m. No. 154849

Property description

A corner commercial space for sale in the residential neighbourhood of Hostafranks. The property is located on the central busy street of the neighbourhood, one block from the metro station. High level of pedestrian traffic.

Community: 
Spanish Square
Arenas Shopping CentreMetro Station
Secondary SchoolOffices
International Hotels
The property is leased as a cafeteria in July 2023 for a term of 15 years, with a 2 year performance obligation. The rental price is 3.500 €/month, which results in a yield of 5.41 %. The contract includes a clause for an increase in the rental price according to the IPC (consumer price index) starting from July 2024. The new rental price will be 3.605 €/month.

The corner unit with a total area of 139m2 is located on the ground floor of a residential building. The prominent 14 metre long glass façade is perfectly visible from both sides of the building. A bakery licence is included in the price.