Commercial store in Sarria-Sant Gervasi, Barcelona, Spain

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Commercial store in Sarria-Sant Gervasi, Barcelona, Spain

4,700,000 €
4,480 € /m²
£4,055,000
£3,865 /m²
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  • Total area
    1,049 m²
  • Yield
    3.3%
  • Built in 
    1970
Details
Property parameters
  • Land area: 1,173 m²
Financial performance
  • Annual income: 156,000 €
Tenants
  • Fully let
  • End of lease: 2028
Property status
  • Most recent total renovation: 2012

Retail unit on the ground floor of the building.

Description

Total area of the property is 1,049 m²

Store is divided in two levels: ground level and mezzanine.

The area of the ground level is 550 m²

The area of the mezzanine is 499 m²

The length of facade is 16 metres.

Store is provided with emergency exit.

Property is situated in the seven-storied building, which was built in 1970 and renovated in 2012.

Property is leased out to a single tenant.

Financial performance

Absolute annual income is 156,000 €.

The current yield of 3.3%.

Tenants

The tenant is a furniture store.

The lease agreement is valid through 2028.

The tenant pays the costs associated with real estate taxes.

Location

Store is located in prestigious area of the city. All community amenities and public transport stops are located within walking distance.

More properties

If this property wasn’t for you, take a look at other retail space for sale in Barcelona.

All ads in the country: retail space for sale in Spain.

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