Description
Two-storey commercial building in Barcelona.
The total area is 350 sq.m. The building was built in 1916. The premise meets all necessary requirements for the organization of any kind of business, including restaurant activity (presence of an extract and license С3).
The premise is located in the area of San Martin, one kilometer from Sagrada Familia. The room is located in a densely populated area of the district, on a pedestrian street with many restaurants and shops, with 100% congestion.
The area of San Martin is 1,052 hectares. The population is 234 000 people. The population density is 841 people per hectare.
The cost of the premises is 650,000 euros. The selling price per square meter of this object, at the moment, is 1,857 euros. The sale price of commercial premises in the area where the facility is located is from 1,270 euros to 2,200 euros per sq.m. The average rental price of commercial premises in this area is 9.45 euros per sq.m. per month. The rental price of this property is 8.57 euro per sq.m. per month. The premise is leased to retail stores. The annual income is 36,000 euros. The monthly income is 3,000 euros. Profitability - 5.5% per annum. The costs are borne by the lessee. The documents are ready for the deal. Additional information is available upon request.