Commercial real estate for sale in Madrid (center) 203m²

Commercial premises in Madrid Commercial premises directly in front of the main entrance to the famous commercial center, a few meters from Glorieta de Quevedo and San Bernardo streets, in the Chamberi area. An exclusive location located in the heart of the Arapiles area. There is a hood and a restaurant license. Total area of 203 m², distributed at street level 124 m² and 79 in the basement. The tenant will carry out major repairs to the premises. The tenant is a bar. Contract from 11/01/2023 for a period of 10 years. Rental holidays 5 months. The period of mandatory execution from the end of the rental holiday period is 2 years. Rental amount 46,800 euros per year. The communidad quota of 1498.2 euros per year is paid by the tenant. Property tax of 683.78 euros per year is paid by the tenant. Profitability 5%.