Street retail on the ground floor.
Description
Two commercial spaces (now united).
Financial performance
The current yield is 4,5%.
Tenants
For the lease of the first space a contract is valid for 2 years, for the second — for 7 years.
Transaction costs
Brokerage fee is 5%.
Location and nearby infrastructure
The property is located in the elite residential area of Barcelona, Poble Sec.
Barcelona is the capital of the autonomous region of Catalonia and the province of Barcelona. The population of Barcelona exceeds 1.6 million people (2nd city in Spain in terms of population after Madrid and 10th in the European Union).
Barcelona is the largest industrial and commercial center of Spain. Auto assembly plants of the Spanish company SEAT (Volkswagen group) and foreign manufacturers (Renault, Peugeot, Ford) are located in the city.
