COMMERCIAL PREMISES (1,550 M2)
Madrid, Spain
- City
- Madrid
- Built Area
- 1,550 m²
- Energy rating
- —
1 / 4Price
€31,000,000*
* + agent intermediation fees payable by the buyer.
Description
Spectacular commercial premises for sale at Gran Vía 15, on one of the most central and iconic streets in Madrid. The premises have a floor area of 1,550 m² and 25 linear metres of frontage, an unusual combination on the capital's most sought-after retail axis. It is currently let to an art gallery paying a monthly rent of €86,000, giving a yield of 3.33%. The lease could be terminated in the event of a sale, offering the buyer the option of keeping the current tenant or repositioning the asset with a new operator. A unique investment opportunity on the most consolidated stretch of Madrid's Gran Vía, with high visibility and footfall.
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Joaquín Giraldez
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