Commercial real estate for sale in Barcelona 129m²

Cafe For sale corner commercial space in the residential area of Hostafranks. The facility is located on the central busy street of the area, one block from the metro station. High level of pedestrian traffic. Environment: Plaza de España Shopping center 'Arenas' Metro station High school Offices Hotels of international chains The property was leased for a cafeteria in July 2023 for a period of 15 years, with a mandatory contract of 2 years. The rental price is 3,500 €/month, resulting in a yield of 5.25%. The agreement provides for an increase in rental prices according to the IPC (Consumer Price Index), starting in July 2024. The new rental price will be 3.605 €/month. Thus, an increase in profitability of up to 5.41% is guaranteed. A corner room with a total area of 129 m2 is located on the first floor of a residential building. The prominent 14-meter-long glass façade is clearly visible from both sides of the building. The price of the property includes a license for the bakery.