Restaurant / Cafe in Barcelona

€ 400,000

Description

The premise, rented by a well-known network of pizzerias Telepizza, in Barcelona.
The total area is 213.23 sq.m. The room is in good condition.
The Spanish company Telepizza is a successfully developing international network of pizzerias. The company's franchises are located in more than 20 countries. Telepizza was founded in Madrid in 1987 as a family business with an innovative development strategy with constant attention to the quality of its products. In 1992 the company opened its first factory and began its international expansion. From 1992 to 2016, Telepizza franchises appeared in countries such as Colombia, Chile, Angola, Bolivia, Portugal, Poland, Russia and other countries. In 2017, Telepizza announced the entry into new markets: Britain, France, Switzerland, Czech Republic, Malta, Iran and Paraguay.
Barcelona is the second most populous city in Spain, the capital of the autonomous region of Catalonia and the province of the same name. The port on the Mediterranean Sea is 120 km from the border of France. The largest industrial and commercial center of Spain. One of the most important tourist destinations in European routes. The population of Barcelona is 1 615 908 people (INE 2008). Barcelona is the second city in Spain in terms of population after Madrid and the tenth in the European Union. In the suburbs of the city there are 3 186 461 inhabitants, and the province of Barcelona has 4 928 825 inhabitants. In 1992, Barcelona hosted the Summer Olympic Games. In 2004, Barcelona hosted the World Cultural Forum 2004. In March 2010, Barcelona became the capital of the Mediterranean Union, which includes 43 countries.
The cost of the object is 400 000 euro. Profitability (net) - 7% per annum. The lease agreement is valid from 2012 and is concluded for 10 years with prolongation. The period of compulsory execution is until 28.02.2018. The annual income is 30,000 euros + VAT. Monthly income is 2,500 euros + VAT. Expenses: IBI - 1 808 euros per year. The selling price per square meter of this object is 1 876 euros. The average rental price in the area where the room is located is 12.45 euro per sq.m. per month. The rental income for this room is 11.02 euros per sq.m. per month. The documents are ready for the deal. Additional information is available upon request.


Property details

Floor
1
Number of premises
5
Currently functioning
1
Ownership type
Proprietary
Payback period
12
Year of construction
0

Location

Barcelona

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