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Furniture and decor store on a busy street in residential area of Barcelona

Furniture and decor store on a busy street in residential area of Barcelona
Commercial space
1.750.000 € 
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: 1200 m²
Annual profit: 120000 €
Profitability: 6.8%
Rented: 10 years
Building area
1200 m2
Annual profit
120000
Profitability%
6.8
Rented
10 years
Furniture and decor store on a busy street in residential area of Barcelona

This commercial property of 1200m2 with large showcase windows is located in the Sants district of Barcelona, on a busy street full of stores, cafes and restaurants.

The property is currently rented to a furniture and decor store with a 10-year lease contract. Rental fee is 120.000 EUR. Community costs and property tax are paid by the tenant. The current tenant has invested 600.000 EUR in the renovation of the prop[erty which serves an additional guarantee for his plans to stay longer in the premise.

 

 

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