Commercial real estate for sale in Barcelona 1692m²

For sale: A prime commercial real estate opportunity in the vibrant district of Horta-Guinardó, Barcelona. This spacious property spans an impressive total area of 1,692 m², making it suitable for a variety of business ventures. The façade stretches an inviting 50 meters, providing excellent visibility and access for potential customers.

Currently, the property is leased to a well-established car dealership that has been a reliable tenant for the past 20 years. This long-term leasing agreement guarantees peace of mind for any buyer, with the lease being renewable upon purchase for an additional ten years, and a mandatory commitment for at least the next five years. The annual rental income stands at a robust €210,000, offering a solid return on investment with a yield of 5.66%.

The owner benefits from fixed annual expenses, including property tax at €10,956 and community fees of €1,100, ensuring a manageable overhead. Located in a bustling suburban area, the property enjoys a strategic location that is poised for growth. Notably, it features ample open parking facilities, enhancing accessibility for both employees and customers.

This is a rare opportunity to acquire a well-performing commercial asset with a dependable income stream in one of Barcelona's desirable neighborhoods. Don't miss your chance to invest in this attractive property – contact us today for more information!