Brilliant Freehold Business Investment In the most prestigeuos area of Madrid !!
FOR SALE three rented establishments right in the heart of one of the most beautiful, prestigious and thriving areas of the historic city of Madrid….
These three buildings consist of an eat-in delicatessen, a research laboraratory and a dance studio. All three buildings have tennants and bring in the annual sum of 142.260 €, meaning a great investment buy. The authenticity of the contracts and figures have been checked thoroughly and confirmed by our agency with each establishment.
The eat-in delicatessen (150m2 ground level with restaurant seating area and kitchen area with smoke extraction/ventilation) is a recently reformed, glamourous little Madridian hot spot, where customers regularly stop off for a coffee or linger for a bite to eat with friends. It entices it’s customers through it’s doors with the delectable smell of warm bread and pastries, not to mention they also serve a large array of other kitch culinary delights.
This establishment brings in a monthly rent of 1,955 Euros. The rental contract with the current tennants began in 2013 and expires in 2017, meaning a 4 year rental period with the current tennants.
The second unit (500m2 both ground level and 2nd floor) is rented as a cutting-edge research laboratory. This unit contains high-tech equipment and state of the art machinery, meaning it must be viewed from the inside with prior notification given by ourselves, once informed by the potential buyer. We can, however, show you the facade of the building where you can clearly see that this is a company with an innovative approach to modern research, nestled right in the heart of this mystical city.
This unit brings in a monthly rent of 6,700 Euros and the current contract is for a duration of 20 years, clearly a sound investment with regards to longevity of contract and monthly income.
Finally, the third unit (740m2) situated below street level, is currently undergoing refurbishment to be converted into a dance studio. Building work is due to be completed very shortly. This unit is extremely spacious and is separated into two large dance halls, complete with changing rooms and bathrooms and a small outside terrace. There is also the possibility to extend the space to 770m2.
This unit brings in 3,200 Euros per month. It has a contract which has just recently been renewed, and is automatically renewed annually.