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3 900 000 €

Commercial property in Barcelona, Spain, 1 886 sq.m
  • Commercial property in Barcelona, Spain, 1 886 sq.m - picture 1
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  • Commercial property in Barcelona, Spain, 1 886 sq.m - picture 1
  • Property ID on Prian.info: 3912717
    Last update: 11.06.2024
    Number of views: 209

3 900 000 €

Commercial property in Barcelona, Spain, 1 886 sq.m

1886 sq.m 5.1% per year
Residence

  • On the map
  • Property ID on Prian.info: 3912717
    Last update: 11.06.2024
    Number of views: 209

Specifications

Sale price 3 900 000 €
Price per square meter 2 067.87 €
Floor area 1 886 sq.m
Address Spain, Barcelona
Location within the city

Additional services

  • Residence permit upon purchase

Finance

Profitability
Annual return 5.1 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Business expenses
Not included in the price

Description

Commercial property located in the Eixample area of Barcelona. The room is located in a building listed as a cultural heritage of category C.

It has 4 large storefronts, which provides good visibility. In addition, this commercial facility also owns 43.75% of the concierge apartment, which is located inside the residential part of the property (apartment 60 sq.m. + 100 sq.m. terrace, located on the top floor of the building).

The tenant is the largest network of premium gyms.

ROOM SIZE: 1.886 sq.m.

ASKING PRICE: 3.900.000 €

Annual income: 10% of the invoice of the gym (currently 19,000/month). The network is actively growing and developing. There is a guaranteed minimum rent: 7,500€/month.

Annual expenses: property tax (17,500€/year) and utility bills (13,000 €/year) are paid by the owner.

NET profit margin (currently): 5.1%.

A lease contract until 2047 with a mandatory execution of 7 years.

*In order to preserve confidential information, the photos, as well as the exact address used in the offer, are not specified or fictitious. For complete reliable information, please contact us.

*The agency's commission and transaction costs are not included in the price.


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Representative

Sviatlana H
Investment director
Languages: english
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Seller
Sviatlana H Investment director

Retail Experts Factory SL

Languages: english
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