Commercial property in Barcelona, Spain, 119 sq.m

Commercial premises in the first line of the sea in the Barceloneta area of Barcelona. One of the most touristic places in the city with high traffic. Central city beach. Large terrace. The facade is 18 meters.

Currently rented – a well-known chain of fast food restaurants.

The number of seats is 60. The total area is 119 sq.m. plus a terrace of 75 sq.m. with 24 tables for 4 people each.

The contract was signed in September 2019 for a period of 15 years.

The mandatory execution period is 3 years.

The cost of rent per year is 260 316 euros.

The deposit is 2 months plus 2 months warranty obligations.

The property tax in the amount of 660.06 euros per year is paid by the owner.

The profitability is 4.5%.