Commercial property on Costa del Maresme, Spain, 372 sq.m

For sale 2 commercial premises located next to each other, in one of the most touristic places in Barcelona. Siyutat Bay area. A place where all tourists come to shop. The street with the highest traffic.

1 Room is located on the ground floor of a historic residential building.

The total area is 200 sq.m.

Currently tenant is a well-known chain of home improvement stores.

The contract was signed on 06/01/2019 for a period of 12 years.

The term of compulsory execution is 2 years.

The property tax in the amount of 2818.37 euros per year is paid by the owner.

The annual rental amount from the beginning of the second year is 264,000 euros per year.

Starting from the third year, the rent increases to 276,000 euros per year.

2 The room is located on the corner of a historic residential building.

The total area is 172 sq.m.

Currently tenant is a well-known chain of clothing and accessories stores for women.

The contract was signed on 16.07.2019 for a period of 12 years.

The mandatory execution period is 2 years.

The property tax is paid by the owner.

The annual rental amount is 192,000 euros per year.

Starting from the third year, the rent increases to 204,000 euros per year.

The profitability is 4.4%.