Chain cafe on Av.Parallel in the center of Barcelona

BARS45617

Barcelona

Eixample

Chain cafe on Av.Parallel in the center of Barcelona

Restaurant/café

610.000 €

The price does not include commission.

The price is set up to the last item editing. Contact us to ensure the current price.

Building area: 90 m²

Annual profit: 30000 €

Profitability: 5%

Rented: 1/12/2015 - 30/11/2025

Building area

90 m2

Annual profit

30000

Profitability%

Rented

1/12/2015 - 30/11/2025

Contract with obligatory execution

2 years

Chain cafe on Av.Parallel in the center of Barcelona

Indirect expenses

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Commercial space rented to a chain cafe with terrace licence , located on busy street Av.Prallel, popular among both tourists and locals.The property of total 90m2 with open plan concept and 4.5m facade.

The rental agreement was signed in December 2015 for 10 years with obligatory execution of 2 years.Rental fee is 2.00 Euro/month.

The owner pays community costs of 600 Euro/annually, and the lease holder is in charge of paying IBI property tax 900 Euros/annually.

That gives the owner net profitability of 4.8%

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