Commercial premises in Barcelona, rented to an automobile company

We offer you a commercial premises in Barcelona, currently rented to a well known automotive brand. The commercial space has a total area of 1,620.65m2 of which 748.11m2 is allocated to an exhibition hall where the models are presented and a 872.54m2 basement where there is a workshop for repairs. The landlord brings in an annual income from rent of 204,000 Euros (6.8% return). Utility costs are paid separate in the amount of 13,500 Euros per year and a property tax IBI sum of 22,400 Euros per year. There is the possibility to raise the rent every 5 years.