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Avenida Reyes Católicos, 23 592 sq ft Retail Unit Offered at £121,535 in Alcalá de Henares, Madrid 28802
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Investment Highlights
- Profitable premises, ideal for investors
- Heavily trafficked area
- In perfect condition
Property Facts
| Total Property Size | 7,147 sq ft | Typical Floor Size | 3,574 sq ft |
| Property Type | Retail (Unit) | Year Built | 1975 |
| Costar Property Class | B | Total Plot Size | 0.08 ac |
| Floors | 2 |
| Total Property Size | 7,147 sq ft |
| Property Type | Retail (Unit) |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 3,574 sq ft |
| Year Built | 1975 |
| Total Plot Size | 0.08 ac |
Amenities
- Close to Public Transportation
- Natural Light
1 Unit Available
| Unit Size | 592 sq ft | Unit Use | Retail |
| Price | £121,535 | Sale Type | Investment |
| Price Per sq ft | £205.30 |
| Unit Size | 592 sq ft |
| Price | £121,535 |
| Price Per sq ft | £205.30 |
| Unit Use | Retail |
| Sale Type | Investment |
Sale Notes
Great opportunity for investors. Commercial space of 55 m2 in one of the main avenues of Alcalá de Henares.
It has been operating as a bar-restaurant for more than 20 years. It is currently leased for 800 €/month, with the lease ending on October 31, 2027, with the possibility of extending it for 4 more years.
In 14.58 years, investment would recover. Note that there is an update of annual income based on the CPI, so the return on investment will occur much sooner. There are no community fees for homeowners.
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Avenida Reyes Católicos, 23
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