Restaurant / Cafe in Barcelona

€ 3,100,000

Description

Premises rented to a restaurant in the center of Barcelona.
The total area is 966 sq. m. There is all necessary equipment for work.
The room is located five minutes walk from Plaza Catalunya, in one of the most expensive areas of the city. Ciutat Vella District. Its area is 436.8 hectares. Population-101,4 thousand inhabitants. The population density is 781 people / hectare.
The cost of the project - 3 to 100 000 euros. The lease agreement was signed until 2029, with a subsequent extension of 10 years. This restaurant has been renting this space since 1999. The yield is 5.7 % per annum. Annual income-186,000 euros + VAT. Monthly income-15 500 Euro + VAT. Expenses: IBI-8 423.85 euros per year. Comunidad is paid by the tenant. The cost per square meter for sale is 3 209 euros. The sale price of commercial premises, in the area where the object is from 2 200 to 3 700 euros per sq. m. The price of rent of commercial premises in the area where the object is from 13.50 to 22.30 euros per sqm per month. Rental price of this room at the moment is 16,05 Euro per sq m per month. The documents are ready to deal. Additional information is available upon request.


Property details

Floor
1
Guard
1
Type of location
City center
Number of premises
7
Currently functioning
1
Rental income
186000
Ownership type
Proprietary
Payback period
5,7 %
Year of construction
0

Location

Barcelona

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