Retail store in L'Eixample, Barcelona, Spain 1774 sq.m. No. 154923

Property description

Commercial property for sale with tenant in Barcelona.

Surroundings:
Central residential area with well-developed infrastructure;Gran Via de Les Corts avenue with many establishments and boutiques;8 hotels within 200 metres (including a large Axel chain);Consell de Cent and Comte Borrell, streets of high commercial activity, which have become fully pedestrianised following the implementation of an urban project by the City Hall.
The property is leased for a supermarket to a large national chain.

Terms of lease:
contract signed: June 2001;contract renewed: April 2017;new contract will be automatically renewed every year until July 2037;tenant is obliged to give 6 months' notice of termination;rent price: 25.763,75€/month;yield: 5,24%.
The property has a total area of 1774m2 and occupies the ground floor of a historic residential building. Wide shop windows make the premises more visible from both pedestrian and carriageway parts of the street. The property is located in the central business district of Eixample, increasing its commercial attractiveness.