INCOME-PRODUCING COMMERCIAL PREMISES (DOMINO'S PIZZA)

Description

Income-producing commercial premises for sale at Avenida de la Peseta 92, in Madrid's Carabanchel district. The property sits in one of the most commercial areas of the neighbourhood, where major operators such as Mapfre, Ahorramás, 100 Montaditos, BBVA, CaixaBank, Halcón Viajes, Banco Santander, El Obrador de Goya, Ibercaja, AXA and Seguros Ocaso have established themselves. The premises have a total area of 165.37 m², all at street level, and consist of two registered units. They have two smoke extraction outlets, one per unit, and a 10-metre frontage. The unit is leased to a quick-service restaurant group (Domino's Pizza) under a contract signed in November 2016 for a 20-year term, with a mandatory period running until March 2026. Rent is 3,984 € per month, giving a net yield of 5.26%.