Commercial real estate for sale in Barcelona 1100m²

For sale: Exceptional commercial real estate located in the heart of Barcelona, boasting a generous total area of 1100m². This prime property is situated along the renowned Diagonal Avenue, surrounded by a vibrant mix of high-end boutiques, trendy establishments, and upscale hotels such as Sir Victor, Royal Passeig de Gracia, and Hotel Majestic. Nearby, one can easily access some of the city’s key landmarks, including the stunning Gaudi creations, Casa Mila and Casa Batlló, making this location a coveted spot for both locals and tourists alike.

Currently, the space is fully leased to a prominent and well-established restaurant chain, making this an ideal investment opportunity. The lease was signed in May 2023 and is set to run until September 2031, providing a stable income stream with a monthly rent of €20,000, translating to an impressive yield of over 5.2%. The lease agreement includes a clause for annual rent increases indexed to the IPC (Consumer Price Index), further enhancing its investment appeal.

The commercial property spans three levels within a historic residential building dating back to 1936. While the tenant will undertake capital improvements to convert the space into their restaurant and office, comprehensive plans are available. Additional features include electricity heating, internet/Wi-Fi connectivity, and open parking availability. This property offers significant potential for a savvy investor looking to capitalize on Barcelona’s thriving real estate market.

Don’t miss this unique opportunity to secure a commercial space in one of Europe's most dynamic cities! For more information and to arrange an online demonstration, please refer to Object ID: ES0012518.