INCOME-PRODUCING COMMERCIAL PREMISES (AESTHETIC CLINIC)

Description

Income-producing commercial premises for sale at Calle Garcilaso, 7, Madrid, let to an aesthetic clinic. The premises total 453 m²: 236 m² on the ground floor and 217 m² in the basement, with 4.55 and 3.95 linear metres of frontage on either side of the building entrance. They hold a multipurpose medical centre licence and have a lift compliant with the regulations of the current licence; there is no smoke extraction outlet. The lease began on 10 April 2024, for a term of 5 + 5 + 5 years with a mandatory period of five years plus three for each additional term. The rent is 7,500 euros per month (90,000 euros per year), with extraordinary reviews in years six and eleven (CPI + 5%). Service charges and property tax (IBI) are borne by the tenant. Guarantees include a statutory two-month deposit (15,000 euros), a ten-month deposit (75,000 euros) and a joint and several guarantee from the directors of the tenant company. The yield stands at 5.5%.