PREMISES IN PROFITABILITY
Property ID :
Property for sale of 100 m2, all in one single floor, completely diaphanous and renovated, in Calabria Street, in Barcelona.
It is on street level, all in one single form.
The property has an ample glass facade which gives great visibility to the shop.
There is a toilet and an inner courtyard.
The property is distributed in a reception hall and an ample showroom of different pieces of furniture and an exhibition of all the reforms done.
Energy Performance Certificate: yes
The property is rented to a well-known firm specialized in house renovations and interior design which has been operating for over 18 years.
Rent: 1,316 (+VAT).
Rental contract: 10 years, until 2030.
Rent increase: Every year: Rent +CPI. Between the 5th and the 6th year there is an increase in rent+CPI+5%.
Net profitability: Higher than 5%.
The company that owns this property can sell it with VAT, in the case that the purchasing party can also take advantage of this measure. Both can benefit then from the VAT exemption. The purchasing party is exempt from paying the Property Transfer Tax (ITP), now the 10%. The buyer will only pay the Tax for Documentary Legal Acts (AJD), now the 2.5%.
Property located in the “heart” of the Eixample, in Calabria Street, between Rossellón and Provenza Street.
It is a very commercial and central area with plenty of restaurants, coffee shops and all kind of shops.
Excellent communicated. The property is next to different bus lines and a metro station.