INCOME-PRODUCING COMMERCIAL PREMISES (BLOCK)

Description

Income-producing commercial premises for sale at Calle Portaferrissa 19 in Barcelona, in the city's most prominent shopping area: the street connects Plaça de la Cucurulla with La Rambla, one of Barcelona's busiest promenades. The premises have a total area of 220 m², of which 119 m² is sales floor, plus a listed former chapel at the rear. It features a grand entrance with over 4 metres of clear height in the first 6 metres from the façade and 2.50 metres beyond. It is let to BLOCK, a streetwear fashion store, under a lease running until 30 September 2031. The current rent is €9,000 per month, rising to €9,500 from 1 October 2026 and €10,000 from 1 October 2027, with guarantees of a two-month deposit plus one additional month. The current net yield is 4.40%, rising to a stabilised 4.90% from October 2027.