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Avenida San Luís 570 sq ft Retail Unit Offered at £142,591 in Ciudad Lineal, Madrid 28033

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Investment Highlights

Gross return of 5.12%
Consolidated business in operation

In a busy shopping mall in Pinar de Chamartín

Property Facts

Total Property Size	> 50,000 sq ft	Floors	10
Property Type	Build-to-Rent (Unit)	Year Built	1980 - 1989
Property Subtype	Apartment	Parking	Yes
Costar Property Class	C

Total Property Size	> 50,000 sq ft
Property Type	Build-to-Rent (Unit)
Property Subtype	Apartment
Costar Property Class	C
Floors	10
Year Built	1980 - 1989
Parking	Yes

Bus Route

Site Amenities

Close to Public Transportation

1 Unit Available

Unit Size	570 sq ft	Unit Use	Retail
Price	£142,591	Sale Type	Investment or Owner Occupier
Price Per sq ft	£250.16

Unit Size	570 sq ft
Price	£142,591
Price Per sq ft	£250.16
Unit Use	Retail
Sale Type	Investment or Owner Occupier

Sale Notes

Premises in profitability located in a frequented shopping arcade of Pinar de Chamartín.
Location very close to Arturo Soria, on the golden mile of the area and with excellent projection.
The asset is currently leased and offers a gross return of 5.12% with a monthly income of 735€. It is a consolidated business with years of experience and some new tenants who have taken up the baton in 2013, consolidating its activity. It is a place dedicated to framing and selling small decorative details. It is in perfect condition and is sold free of loads and spills.
It is located inside a small gallery that connects Caleruega Street with San Luis Avenue, making it a frequented and busy place. It is surrounded by other commercial establishments (bar, hairdresser), which contribute to generating an excellent influx of people.
Immediate environment with full services at hand and good communication by public transport through several nearby bus stops and the Pinar de Chamartín metro station. Quick and easy access to the M-30.