Geschäft in Zona Alta, Spanien, 123 m²

Furniture showroom in a prestigious area with a 5% yield. The tenant has been occupying the premises for more than 10 years and is interested in extending the lease

The kitchen furniture showroom is located in a prestigious residential area and covers an area of ​​123 m2. The contract for a period of 10 years was signed in 2011, and the rental price is 1040 € / month, which brings the yield up to 5%.

The current tenant renews the temporary lease agreement on a monthly basis, however, he is interested in extending the long-term agreement, which will increase the rental price and the final yield. The final decision on the extension or termination of cooperation will be made by the future owner.

One of the advantages of the premises itself is the open plan, which allows you to use the space based on the needs of a particular business.

The facility is located in an area with excellent infrastructure for both life and business: restaurants, cafes, offices, educational institutions. Public transport stops and parking are located close to the premises.