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Property description
A commercial property for sale with a reliable tenant in a residential area of Barcelona.Environment:
Dense residential development of Poble Sec, which guarantees a steady pedestrian flow;Large concentration of hotels;Developed infrastructure - shops, supermarkets, cafes, bank branches, pharmacies, as well as public transport stops;Concert halls and theatres, including one of the oldest theatres in the city - Teatre Condal;A major traffic artery crossing the old town - Avenida Parallel.
The property is located on Blai Street, which is famous for its various Spanish tapas establishments, attracting tourists and locals alike on a daily basis.
The property is leased as a bar/restaurant. Lease terms:
contract signed: May 2023contract duration: 10 years;
lease price: 2.659,46€/month;
yield: 7,1%.
This yield is noticeably higher than the average for the zone, which makes the offer unique.
The corner premise with a total area of 64m2 is located on the ground floor of a historical residential building. The first floor, used as a warehouse, occupies only 9m2 with the rest of the space distributed on the ground floor. The property is equipped with a bright 4 metre long façade, which is perfectly visible from both sides of the building. There is also a terrace for 12 people.
Sants-Montjuïc is one of the most touristy areas of the city, thanks to a number of famous landmarks located here. In the centre of the district stands Montjuïc, where the eponymous fortress stands with breathtaking views of the sea and the Olympic Stadium, which offers a panoramic view of the city. The neighbourhood is home to many cultural institutions, such as the Museu Nacional de Arte de Catalunya.
La Esquinita de Blai is an iconic gastronomic bar located on the lively Blai street, famous for its tapas bars. The restaurant offers up to 50 types of "pintxos" and is served by a large team of professionals of more than 20 people. The business has an estimated annual revenue of between €500,000 and €1,000,000. The restaurant is popular with locals and tourists for its quality food, friendly atmosphere and affordable prices.
La Esquinita de Blai is part of the Barcelona Cook gastronomic group, founded in 2012 in Barcelona, which operates four establishments in Catalonia. All restaurants are located in Barcelona and Montgat. The group specialises in tapas, pinchos and Mediterranean cuisine, offering customers a diverse gastronomic experience. Since the opening of its first establishment, Barcelona Cook has shown steady growth based on daily work and a commitment to quality.
Barcelona Cook has been growing steadily since the opening of its first establishment.