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Calle Real, 3 1,905 SF of Retail Space Available in Pedraza, Segovia 40172
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Highlights
- Excellent location on the main thoroughfare of the area.
- Tourist area with significant visitor traffic.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
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Rental Rate
The 2 spaces in this building must be leased together, for a total size of 1,905 SF (Contiguous Area):
| Space | Size | Term | Rental Rate | |||
| Ground, 1st Floor | 1,905 SF | Negotiable | $20.56 /SF/YR INCL $1.71 /SF/MO INCL $39,163 /YR INCL $3,264 /MO INCL |
Ground, 1st Floor
The 2 spaces in this building must be leased together, for a total size of 1,905 SF (Contiguous Area):
Rental of an iconic restaurant in Pedraza, located on Calle Real next to the Tourist Information Office, with spectacular views of the Plaza Mayor from both the entrance and the two street-level windows, as well as from the balcony and two windows in the dining room on the first floor. This restaurant has been in operation for 30 years, managed by various restaurateurs, the last of whom ran it for 16 years until their retirement. Its prime location within the walled medieval village, declared a Historic Site in 1951, makes it one of the restaurants with the highest foot traffic, as it is a mandatory stop for visitors. The premises are distributed over two floors. On the street level, with two windows, there is access to a bar area and a dining room with a fireplace. On this same level, there is a spacious kitchen with an annex and a storage room, as well as two bathrooms conveniently located for easy access. The first floor, completely open, houses a large dining room where the traditional roasting oven is located, with a wood storage area underneath. From its balcony and two windows, you can enjoy exceptional views of the Plaza Mayor and Calle Real. The restaurant has recently undergone a complete renovation, except for the kitchen, its annex, and the storage room, which are currently being refurbished. Kitchen equipment is not included. Regarding profitability, the fact that this restaurant has been active for 30 years, with the last restaurateur managing it for 16 years, demonstrates the business's stability and profitability. Another noteworthy aspect is the price per cover, €55, which is higher than in Sepúlveda, a nearby town with greater competition and market saturation. This is a unique opportunity, as there is no transfer fee: the property is offering the premises directly, fully renovated, and without requiring any payment for a transfer.
- Taxes and charges included in the rent
- Fully Built-Out as a Restaurant or Café Space
- Private Restrooms
- Corner Space
- Iconic restaurant managed for 30 years
- Balcony with spectacular views.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,905 SF | Gross Leasable Area | 1,905 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Restaurant |
| Total Space Available | 1,905 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 1,905 SF |
| Year Built | 1950 |
About the Property
Restaurant of 177 m² distributed over two above-ground floors located in Pedraza. Calle Real is the main thoroughfare of the town, a walled medieval village declared a Historic-Artistic Site, stretching from the Puerta de la Villa to the Plaza Mayor. It is a highly attractive tourist destination, with significant visitor traffic, traditional stone buildings, and numerous shops, restaurants, and hospitality establishments.
- Restaurant
- Storage Space
- Balcony
Presented by
Calle Real, 3
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