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Avenida Asturias, 57 3,229 SF of Retail Space Available in Tetuán, Madrid 28029
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Highlights
- Fully renovated area just steps away from Plaza de Castilla and Paseo de la Castellana.
- Immediate surroundings with full services and good public transportation connections.
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
-
Rental Rate
- Space Use
- Build-Out
- Available
Transfer of a well-established restaurant in Madrid with permanent license and outdoor terrace. This is an opportunity arising from retirement to acquire a hospitality business with over 15 years of uninterrupted activity, located in one of the most exclusive and tranquil residential areas of the capital. The business has a secured lease agreement until 2038, a fully equipped premises with a spacious terrace, and a valid permanent license. The operation is currently running at full capacity, with high and verifiable revenue, a loyal and regular customer base, and a solid performance in both daily menu service and weekend offerings. There is the option to formalize the transfer with or without the current team, which consists of highly experienced staff. All administrative, fiscal, and labor documentation is fully up to date. This is an investment opportunity aimed at hospitality professionals or restaurant groups looking to acquire a secure and profitable asset capable of generating income from the moment of purchase.
- Taxes and Charges included in the Rent
- Located in-line with other retail
- Private Restrooms
- Energy Performance Rating - C
- Transfer due to retirement for €286,000.
- Fully Built-Out as a Restaurant or Café Space
- Central Air Conditioning
- Secure Storage
- Display Window
- Restaurant with over 15 years of experience.
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| Ground | 3,229 SF | Negotiable | $20.48 /SF/YR INCL $1.71 /SF/MO INCL $66,146 /YR INCL $5,512 /MO INCL | Retail | Full Build-Out | 30 Days |
Ground
| Size |
| 3,229 SF |
| Term |
| Negotiable |
|
Rental Rate
|
| $20.48 /SF/YR INCL $1.71 /SF/MO INCL $66,146 /YR INCL $5,512 /MO INCL |
| Space Use |
| Retail |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
Ground
| Size | 3,229 SF |
| Term | Negotiable |
|
Rental Rate
|
$20.48 /SF/YR INCL |
| Space Use | Retail |
| Build-Out | Full Build-Out |
| Available | 30 Days |
Transfer of a well-established restaurant in Madrid with permanent license and outdoor terrace. This is an opportunity arising from retirement to acquire a hospitality business with over 15 years of uninterrupted activity, located in one of the most exclusive and tranquil residential areas of the capital. The business has a secured lease agreement until 2038, a fully equipped premises with a spacious terrace, and a valid permanent license. The operation is currently running at full capacity, with high and verifiable revenue, a loyal and regular customer base, and a solid performance in both daily menu service and weekend offerings. There is the option to formalize the transfer with or without the current team, which consists of highly experienced staff. All administrative, fiscal, and labor documentation is fully up to date. This is an investment opportunity aimed at hospitality professionals or restaurant groups looking to acquire a secure and profitable asset capable of generating income from the moment of purchase.
- Taxes and Charges included in the Rent
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air Conditioning
- Private Restrooms
- Secure Storage
- Energy Performance Rating - C
- Display Window
- Transfer due to retirement for €286,000.
- Restaurant with over 15 years of experience.
Property Facts
| Total Space Available | 3,229 SF | Building Size | 184,709 SF |
| Property Type | Multifamily | Year Built | 1997 |
| Property Subtype | Apartment |
| Total Space Available | 3,229 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Size | 184,709 SF |
| Year Built | 1997 |
About the Property
Residential property with 17,160 m² of built space distributed across seven above-ground floors, located in Ventilla-Almenara, Madrid. The location is very close to Plaza de Castilla and Paseo de la Castellana, in a fully renovated area surrounded by numerous services and shops. Excellent public transportation connections via metro (lines 1 and 9), bus, and commuter rail.
Nearby Major Retailers
Presented by
Avenida Asturias, 57
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