Retail premises.
Description
A total area of the property is 1,600 m² including a basement of 600 m².
Financial performance
Absolute annual income is 118,000 €.
The current yield of 5,9%.
The yield can be increased by renting out the basement.
Tenants
The tenant is a supermaket chain. The lease agreement is valid for 6 years. The tenant is interested in agreement extension for the next 20 years.
Location
The property is located in the central part of Barcelona.
