Spacious and modern premises for sale of 529 sqm for profitability with a lease in force until 2029. The local has 455.32 sqm built, it is located on the ground floor of a residential building with a modern facade and very well maintained. The commercial area or space occupies most of the premises, also having office and warehouse areas. The tenant is a prestigious company in the food sector, which has renovated the facilities with first-line architecture and materials, which gives it great added value. The lease is renewable for a further 5 years, expiring in 2029, and has significant sustained annual rent increases, which will maintain the same scheme in the event of an extension. It has a magnificent location, of great commercial affluence, given its proximity to the Glorieta de Embajadores and Paseo de las Acacias. This location is the synergy between a very well established area of Madrid, with another one of new creation around the Green Corridor, favored by a significant increase in population with the construction of numerous homes that makes it a great residential area.
4,898 sqft Bilbao