Shop with a tenant, Barcelona, Spain

Additional information is provided after the signing of an NDA

Shop with a tenant, Barcelona, Spain

1,100,000 €
£941,000
Learn the property location
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  • Yield
    5.2%
  • Rental rate (m²/month)
    11 €
Details
Property parameters
  • Leasable area: 450 m²
Financial performance
  • Annual income: 60,000 €
Tenants
  • Fully let
  • End of lease: 2033
Transaction costs
  • Broker: 3.0%

Shop close to beaches, in the area of Diagonal Mar.

Description

Commercial space of with a total area of 450 m² with a wide facade.

Financial performance

The annual income is 60,000 €

The yield is 5.2%.

Tenants

The property is fully let.

The lease agreement was concluded in 2023 for a term of 10 years.

Transaction costs

The brokerage fee is 3%.

Location and nearby infrastructure

The property is located in a vibrant, rapidly developing, fashionable area of Barcelona, close to beaches. There is perfect transport connection with all districts of the city.

Barcelona is the capital of the autonomous region of Catalonia and the province of Barcelona. The population of the city 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.

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