COMMERCIAL PREMISES COWORKING

Description

Income-producing coworking commercial premises for sale at Calle Serrano Anguita 13, Madrid, around the Carranza – Sagasta – Génova axis and the streets of Fuencarral and Hortaleza, in the Tribunal neighbourhood, an established residential area and one of the most fashionable in the city. Comprising two registered units, it has 2,345.76 m² spread over street level (849 m²), mezzanine (414 m²) and first floor (1,084 m²), with independent access from Calle Serrano Anguita and Calle Mejía Lequerica. Office use with associated tertiary services for non-regulated education. A full refurbishment was carried out in 2018, designed by architect Josemaría Churtichaga, prioritising shared spaces, modernising the building services, adding a lift and a new staircase, and renewing the façade. The tenant is Impact Hub, a coworking operator present in Madrid, Málaga and Barcelona, which recently absorbed the Onecowork brand. Lease over 2,072.04 m² for 20 years, with annual CPI reviews and a market adjustment every 5 years. Rent of 23.36 €/m², equivalent to 593,262 € per year. Yield of 4.75%.