Commercial property in Madrid, Spain, 136 sq.m

Commercial premises a few meters from the Plaza de Chueca and the famous Gran Via, in the heart of the central district of Madrid. An exclusive location located in the Courthouse area. License for a bar, a hood.

Total area 114 m2 and 22 m2 ground floor for private use/warehouse. The capacity is 30 people.

The tenant is a bar.

The contract was signed for a period of 24.07.2023 for a period of 10 years.

The mandatory execution period is 2 years.

The rental amount is 39,000 euros per year.

The quota for the community in the amount of 1,637.52 euros per year is paid by the tenant.

The property tax is 1,182 euros per year, from 2024 it is paid by the tenant.

The profitability is 5%.