Commercial property in Barcelona, Spain, 414 sq.m

Commercial premises in the Eixample district of Barcelona.

The total area is 414 sq.m. on one floor.

The facade is 9 meters, 3 storefronts.

Currently leased - a well-known supermarket chain.

The contract was signed on 05/20/2024 for a period of 20 years.

Rental holidays for repairs and obtaining all necessary licenses are 5 months.

The period of mandatory execution is 2 years.

The rental amount until 10/31/2025 will be 60,000 euros.

The rental amount until 10/31/2026 will be 61,200 euros.

The rental amount until 10/31/2027 will be 62,400 euros.

The rental amount until 10/31/2028 will be 63,600 euros.

The rental amount until 10/31/2029 will be 64,800 euros.

The rental amount from 1.11.2029 will be 66,000 euros.

Update to IPC from 1.11.2029.

The quota for the municipality and the property tax in the total amount of about 7800 euros per year is paid by the owner.

The profitability is 5%.