PREMISES IN PROFITABILITY
Property ID :
Magnificent corner property of 50 m2, on street level, fully renovated with two ample shop windows. The property is located on a very visible corner.
It has a toilet and parquet floors.
Energy Certificate awaiting: yes
This property is rented to a well-known brand of audiology and hearing aids. The tenant has been in the area for many years. They have just moved to this property to have more space and visibility. The tenant has made a fully renovation of the property.
They perform diagnosis audiology tests, child audiology and audiometry. They have a team of audiologists who diagnose and treat hearing disorders.
They have other 6 audiology centers in Catalonia.
Monthly rent: 1.200+VAT.
1st and 2on year: 1.000 and 1.100 euros (+VAT). They have a reduction of the rent these two first years due to the COVID restrictions.
3d year: 1.200 euros (+VAT). After that: Rent + CPI. Between the 5th and the 6th year: Increase of: Rent+ 5%.
Contract of 10 years. End of the contract: July 2030.
Net profitability: 5%.
It is a safe and stable investment due to the prime location of the property and the prestige of the brand of the firm to which the property is rented.
Excellent corner property located in the well-known Provença Street on the corner with Urgell Street. The property is visible from different points of both streets.
This is a very commercial, prestigious and central area of Barcelona.
It is an area with plenty of shops, restaurants, coffee shops and all kind of services.
Excellent communicated with different bus and metro lines.