Calle Marqués de Urquijo, 32 2,497 SF of Retail Space Available in Moncloa - Aravaca, Madrid 28008

Commercial space of 273 m2 available for sublease on Marqués de Urquijo Street, 32, previously used as a bank branch. The property is on the ground and first floors. The ground floor has a built cadastral area of 168 m2, featuring a hallway the width of the facade that widens at the back, where there is a door and a window opening to a rear patio. The first floor has a built cadastral area of 105 m2, with two restrooms, an equipment room, and an office with two exterior windows. Assets under sublease arrangement (S&LB): The property is owned by a third party and is leased, with the tenant offering it for sublease. The master lease agreement cannot be provided and requires the owner's authorization for subleasing. Specific rental conditions: - Starting rent: This is the minimum rent from which bids will be accepted, which must always be equal to or greater than the published amount, excluding applicable taxes. - Rent payment grace period: 2 months of rent. - Ordinary rent update: Annually according to the CPI. - Extraordinary rent review for market adjustment starting from the 5th year: Market review every 5 years. - Mandatory compliance period: 5 years. - Total term: Duration of the master lease minus 3 months. - Common expenses and property tax (IBI): Covered by the landlord. - Legal deposit: 2 months of rent. - Additional guarantee: A deposit of 2-4 months of rent is required, depending on the scoring process results.