Calle de las Carretas, 29 1,421 SF of Retail Space Available in Centro, Madrid 28012

Commercial space for rent in one of the busiest areas in the center of Madrid, ideal for businesses seeking visibility and a constant flow of foot traffic. The property has a total area of 132 m², of which 67.66 m² correspond to the ground floor (registered) and 52 m² to the basement (cadastral). It features a 4-meter linear façade, a commercial use license, and does not have a smoke vent. Located in the heart of Madrid, between Puerta del Sol and Plaza de Jacinto Benavente, the area is pedestrian-friendly and highly frequented, surrounded by shops, restaurants, and services. It experiences heavy foot traffic and offers excellent transportation connections. Regarding associated costs, community fees are approximately €48.20 per month, property tax (IBI) is €101.82 per month, and the urban waste fee is €41.66 per month. The lease terms include a monthly rent of €9,900 with a 5-year contract plus an additional 5 years, with a mandatory compliance period of the first 3 years in each term. Rent-free periods will be negotiated based on the project. Community fees, IBI, and waste fees will be the tenant's responsibility. A security deposit of 2 months is required, along with an additional 6-month deposit. Rent will be reviewed annually in accordance with the Consumer Price Index (CPI) and will be subject to an extraordinary review in the sixth year with CPI +5%. Subletting or assignment is not allowed, and the tenant waives the right of first refusal and redemption. A 6-month notice period is required for termination.