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Property description
Commercial property for sale in Barcelona.Surroundings:
Central residential area;
Tetuan Square;Gran Vieja Avenue, where there are many commercial premises, branches of major banks and chain supermarkets;Triumphal Arch, one of the city's key landmarks;San Joan Boulevard, one of the city's main streets, where there are establishments to suit all tastes and tastes.
The property enjoys a prime central location in the city's business district, where high foot traffic is guaranteed throughout the year.
The property is leased to a supermarket of a major national chain.
Lease terms:
Agreement signed: November 2023;Lease duration: 20 years;Binding period: 4 years;actual rental price: 4.500€ / month;
contract includes a clause for annual rental price increase, according to IPC (consumer price index);additional rental price increase from November 2026: 150€;Additional rental price increase from November 2027: 150€;additional rental cost increase from November 2033: 2%;additional rental cost increase from November 2038: 3%.
Thereby guaranteeing a yield increase from 4% to 4.5%.
The 400m2 premises occupies 2 floors of a high-rise residential building and is equipped with a striking facade and 4 metre long panoramic glass windows.
Montenegro Properties
Grekodom