300m² Commercial property in Madrid, Spain No. 126695

ID126695
$ 5 195 699
Property description
Total area of 300 sq. m: 135 sq. m on the ground floor, 42 sq. m in the basement, and 118 sq. m on the second floor.A license for a bar/restaurant and terrace is available.Currently leased: restaurant.Contract signed on July 24, 2025, for a period of 15 years.Mandatory performance period of 3 years.Annual rent: €192,000.Security deposit: €32,000 plus an additional security deposit of €200,000.Rent increases by 5% in the 6th and 11th years of the contract.The tenant pays a €1,065 community fees and garbage collection fee.Property taxes and demerits are paid by the owner.Profitability: 4%.Contact the seller
Madrid
Commercial property
300 m²
- m²
- sq. ft
$ 5 195 699
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