Commercial space with long-term lease agreement, Barcelona, Spain

Additional information is provided after the signing of an NDA

Commercial space with long-term lease agreement, Barcelona, Spain

1,950,000 €
8,057 € /m²
£1,671,000
£6,904 /m²
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  • Total area
    242 m²
  • Yield
    4.3%
Details
Financial performance
  • Annual income: 84,000 €
Tenants
  • Fully let
  • End of lease: 2027
Transaction costs
  • Broker: 5.0%

Commercial space in the area of San Pere.

Description

The space with a total area of 242 m² is located close to the Palace of Catalan Music, in a tourist area with a large number of customers.

The property has high ceilings and a large facade of about 6 m.

Tenants

The lease agreement is valid for 10 years starting from May 22, 2017.

Location and nearby infrastructure

San Pere is one of the four districts of Barcelona's Old Town, bordering Barceloneta and the Gothic Quarter.

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.

The best educational institutions of the country are located here and there is absolutely everything for a comfortable life: medical centers, shops, museums, theaters and many restaurants. Tourists come from all over the world to see the historical sights of the city, such as the works of the famous architect Gaudi, the medieval Gothic quarter and the Royal Palace, as well as to enjoy beach holidays.

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

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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