Retail store in Ciutat Vella, Barcelona, Spain 100 sq.m. No. 154902

Property description

A commercial space for sale in close proximity to the highest traffic street in Barcelona, the famous La Rambla (over 70,000,000 people per year). Continuous pedestrian traffic around the premises is guaranteed throughout the year.

Community:
The main transport hub of the city - Plaça Catalunya
University of Barcelona
University Square with many institutions and constant pedestrian trafficCathedral of BarcelonaLa Boqueria Market
The property is leased for a clothing shop. The lease is signed in January 2024 for a period of 10 years. The rent is 2.500€ per month, which results in a yield of 5.31%. According to the contract, from January 2029 the rent will increase by 5% + IPC (consumer price index). Thus the yield is guaranteed to increase to 5.6%.

The property has a total area of 100m2 and is located on the ground floor of a historic residential building. The object is equipped with a bright facade and glass windows, which make the premises more visible.