Calle Playa Frexeira, 6 5,985 SF of Retail Space Available in Collado Villalba, Madrid 28400

Commercial space of 556 m2, in good condition, located in the area of Los Belgas, in the town of Collado Villalba. Among its features, it has tile floors, high ceilings, and is located in a corner, with great external visibility. The area in which it is located has a good bus connection, and is surrounded by shopping centers, medical centers, very close to universities, schools, hospitals, among other services. Subleased assets (S&LB) The property is owned by a third party, and is leased, being published by the tenant to transfer the premises on a sublease basis. It is not possible to provide the parent lease agreement and requires the owner's authorization to be able to sublet. Specific rental conditions: - Output income, is the income from which bids will be accepted, which must always be equal to or greater than the published amount without prejudice to any applicable taxes to be passed on. - Lack of rent payment: 2 monthly rent payments. - Regular income update: Annual to the CPI. - Extraordinary income review for updating to the market starting in the 5th year: Market review every 5 years. - Mandatory period: 5 years. - Total term: Duration of the parent contract, minus 3 months. - Common expenses and IBI: payable by the landlord. - Legal deposit: 2 monthly rent payments. - Additional guarantee: 2-4 monthly installments of deposit income must be provided, depending on the result of the scoring process.