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Palma: Well established business with views to the royal palace "Almudaina"

Property ID: IK104P
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Basic information
Address:
07002 Palma
Islas Baleares
Region:
Mallorca
Area:
1A
Price:
1.595.000 €
Type of object:
Trade unit
Year of construction:
1950
Details
Details
Subject to commission:
no
Commission Rate:
none
Quality of fittings:
Regular
Commercial area:
75 sq. m.
Number of floors:
2
Terrace:
1
Listed building:
yes
Suitable for the elderly:
yes
Rented:
yes
Furnished:
yes
Floor covering:
Tiles
Condition:
Well kept
Walking distance to public transport:
2 Minute(s)
Drive to nearest airport:
10 Minute(s)
Further information
Further information
Property description:
The business area is distributed on 2 floors and offers also a terrace with 40 tables on street level, busy all year through. This property belongs to a stock company and will be sold with a rental contract, valid untill the 2nd of May 2040. The rental income for 2018 amounts to € 61.255,-- and will increase 4 % every year according the contract. The tenant is running this business already for 16 years. Rate of return 6 %.
Location:
Between the Borne and the sea. 2 minutes walking distance to the cathedral and luxury shops as Louis Vuitton or Max Mara. Best business location of Palma with nice ambiance all year through.
Your contact person
 



Mallorca Dream Immobilien Team S.L.
Ms. Claudia Jakobs

Conquistador 8
07001 Palma de Mallorca
Phone: +34 971 214836
Office: www.mallorca-dream.eu
Mobile phone: +34 636 102429


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