Commercial premises in Barcelona, leased to a Spanish furniture company

Non-residential premises in the Barcelona with an area of 450m2.  The space is currently rented as a showroom of a Spanish furniture company under a contract that lasts until 2024.  It brings in a rental income of 96,000 Euros per year. In 2016, rent will be increased, and the new annual rental income will increase to 114,000 Euros per year. The new owner is given the opportunity to cancel the contract with the current tenant and obtain a restaurant business license. The investment object is located in the prestigious residential area of Sant Gervasi, next to high-end shops, shopping centers, hospitals and schools.