Business centre 1,016 m² in Barcelona

5,000,000 €

4,921 € /m²

Total area 1,016 m²
Yield 4.5%
Lease term —
Constructed 1954

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Key project parameters

Total area: 1,016 m²
Constructed: 1954

Project description

Commercial premises in the exclusive Sant Gervasi district of Barcelona.

Total area of 1016 m²: 494 m² on the first floor and 522 m² basement.

The tenant is a well-known chain selling furniture and household goods.

The contract is signed at the time of the sale of the premises for a period of 10 years.

The term of obligatory fulfillment of 2 years.

The deposit is 2 months plus 4 months additional security.

The rental amount will be 225,000 euros per year.

Quota for comunidad of 11203 euros per year and real estate tax of 12500 euros per year is paid by the tenant.

Profitability of 4.5%.

Tenants

Agreement: n/a

Financial performance

Yield: 4.5%

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