Calle de Bravo Murillo, 154 882 SF Retail Unit Offered at £675,580 in Tetuán, Madrid 28020

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Some information has been automatically translated.

INVESTMENT HIGHLIGHTS

Profitable sales
In a consolidated commercial area

Lots of natural light inside

EXECUTIVE SUMMARY

Residential building with eight floors (Lower + 7), located on Bravo Murillo street. It is well connected by public transport, thanks to a metro station and several urban bus lines.

PROPERTY FACTS

Price	£675,580
Unit Size	882 SF
No. Units	1
Total Building Size	41,742 SF
Property Type	Multifamily (Unit)
Property Subtype	Apartment
Sale Type	Investment or Owner User
Number of Floors	8
Typical Floor Size	5,490 SF
Year Built	1953
Lot Size	0.17 AC

Bus Route

Natural Light

SITE AMENITIES

Close to Public Transport

Lift

1 UNIT AVAILABLE

Unit Size	882 SF
Price	£675,580
Price Per SF	£765.96
Unit Use	Retail
Sale Type	Investment or Owner User

DESCRIPTION

Local with a return of 5.31% per year located on Bravo Murillo Street, the second busiest commercial street in all of Spain, which currently has an average pedestrian traffic of 12,320 people per day.
The place is rented to a very solid operator with several locations in the best Prime areas of Madrid.
Features:
- Total area of 81.7 m2 distributed over 54.80 m2 on the ground floor and 26.90 m2 in the basement.
- Very large façade of 7 linear meters.
- Height: 3 meters.
- Smoke outlet: No.
Conditions:
- Current contract duration: 7 years.
- New contract duration: 10 years.
- Mandatory compliance: 10 years.
- Guarantees: 2+2.
Key plan: Pereda Sanitation, Bicimanía, Lidl, Lefties, Madreamigo, KFC, Porneat, Druni Perfumeries, Basic Fit, Chicago Style Pizza, Pepco, Kiwoko, Mango, Bershka, Primor, Decathlon, Leroy and Merlin, C&A, BBVA, La Sirena, etc.