Distrito centro 2,690 SF Retail Unit Offered at £942,975 in Centro, Madrid 28012

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INVESTMENT HIGHLIGHTS
- Local in profitability
- Area with a high density of foot and road traffic
- Long-term contract with a return of 5%
PROPERTY FACTS
Price | £942,975 |
Unit Size | 2,690 SF |
No. Units | 1 |
Total Building Size | 10,000 - 60,000 SF |
Property Type | Multifamily (Unit) |
Property Subtype | Apartment |
Sale Type | Investment |
Building Class | B |
Number of Floors | 5 |
Year Built | 1880 - 1889 |
AMENITIES
- Natural Light
SITE AMENITIES
- Close to Public Transport
1 UNIT AVAILABLE
Unit Puerta IZ
Unit Size | 2,690 SF |
Price | £942,975 |
Price Per SF | £350.55 |
Unit Use | Retail |
Sale Type | Investment |
DESCRIPTION
Commercial space located in the heart of Madrid, next to the renovated Canalejas, a few meters from Puerta del Sol.
It is a space of 250 m2 built in area distributed in 215 m2 on the street floor and 35 m2 in the basement. Located on a mixed farm in an excellent state of conservation.
In addition, it has authorization for the smoke outlet installation, although it is currently a ZPAE zone and does not allow the opening of new hospitality premises.
The location is particularly central, just a few meters from Puerta del Sol, Plaza de Canalejas, Plaza de Santa Ana, etc., hence its constant pedestrian and road flow.
The premises are rented to a multi-brand space with a predominance of manufactures from Central Europe.