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Zona Arroyo de Fontarrón
1,722 SF of Retail Space Available in 28030 Madrid
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HIGHLIGHTS
- Restaurant in operation
- Good location
- Space for sale or rent with option to buy
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RENT
Space | Size | Term | Rent | |||
Ground | 1,722 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application |
Ground
Excellent commercial premises for sale or lease with a closed purchase option in the Moratalaz area. Located in a well-connected area with a variety of businesses and services nearby. This is a restaurant that has been in operation since 1992 and is being marketed due to the owner's retirement. The space has a total area of 160 m², consisting of two connected units. The entire area is at street level and includes an outdoor terrace. The premises feature a private dining room (with a large roasting oven), a bar area with tables, a kitchen, storage space, and restrooms. The restaurant is in excellent condition, both in terms of maintenance and conservation. ### Financial Terms: **Purchase Price:** €680,000 + taxes. **Lease with Purchase Option Terms:** - **Sale Price:** €680,000 + taxes. - **Monthly Rent:** €4,000 + taxes. - **Deposit:** 2 months' rent + taxes. - **Premium Deposit Amount:** €100,000. - **Option Execution Period:** Maximum of 36 months. - At the time of purchase, the following will be deducted from the sale price: - 100% of the premium deposit amount. - 100% of the monthly rent paid. - The deposit. ### Fees for Sale or Lease with Purchase Option: 1% + VAT (currently 21%) of the sale price, payable by the buyer, for management, advisory, and formalisation services related to the purchase process.
- Partially Built-Out as a Restaurant or Café Space
- Kitchen
- Mostly Open Floor Plan Layout
- Restaurant in operation
- Space for sale or rent with option to buy
- Good location
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR MADRID, MAD 28030
Total Space Available | 1,722 SF | Property Subtype | Storefront |
Property Type | Retail | Gross Internal Area | 10,000 - 60,000 SF |
Total Space Available | 1,722 SF |
Property Type | Retail |
Property Subtype | Storefront |
Gross Internal Area | 10,000 - 60,000 SF |
FEATURES AND AMENITIES
- Bus Route
- Security System
- Storage Space
- Private Bathroom
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Zona Arroyo de Fontarrón
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