Commercial premises in the listed modernist building
Eixample, Barcelona, EspañaBasics
- Ref: LC02447
- Status: To buy
- Category: Commercial
- Type: Shop
- Price per sqft: 2,07€
Description
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Description:
Commercial premises are located between Balmes and Rambla Catalunya streets. It is situated in a listed modernist building under level C protection. The space features 4 large windows, providing excellent visibility. Additionally, the property includes a 43.75% share of the building's porter floor, comprising a 60m² attic and a 100m² terrace (equivalent value of €200,000).
The tenant is a high-end gym, sharing the space with another property that has a separate entrance on a different street. One of the two leased properties to the gym is being offered for sale.
Breakdown of areas:
- Ground Floor: 873m²
- Basement: 1,013m²
- Main facade: 10 meters
Rental conditions:
- Start of rental contract: July 1, 2022, for 25 years
- Mandatory compliance: 7 years
- Rent: 10% of revenue. Currently, as of March 2023, €190,000/month (monthly rent of €19,000). Constantly increasing.
- Minimum guaranteed rent: €7,500/month
- Guarantees: 2 months of legal deposit plus 6 months of bank guarantee
- Community expenses: €13,000/year, borne by the property owner
- Property tax (IBI) + waste tax: €17,500/year, borne by the property owner
- Net yield: 5.3%
Location
- Location: Barcelona