Prime location premises rented by a restaurant on the shoreline in Barcelona

Premise for sale in Barcelona on the seafront in the area of Barceloneta beach. It’s one of the most popular touristic parts of the city, which is popular among both locals and the city visitors. The area of this premise is 300 m2. It is currently rented by a famous restaurant with 20 year rental agreement. The first two years the rent is 120.000 Euros a year, the 3rd and 4th years it will be 150.000 Euros and after that the price will rise depending on the economic rates. Current profitability 5%, and the premise is free from mortgage.