Your email has been sent.
Felanitx, Islas Baleares 07670 1,216 SF of Retail Space Available
Some information has been automatically translated.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
-
Rental Rate
| Space | Size | Term | Rental Rate | |||
| - | 1,216 SF | Negotiable | $33.85 /SF/YR INCL $2.82 /SF/MO INCL $41,178 /YR INCL $3,432 /MO INCL |
-
- Taxes and Charges included in the Rent
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 | 1,216 SF | Gross Leasable Area | < 15,000 SF |
| Property Type | Retail | Year Built | 1980 - 1989 |
| Property Subtype | Retail |
| Total Space Available | 1,216 SF |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Leasable Area | < 15,000 SF |
| Year Built | 1980 - 1989 |
About the Property
RE/MAX Magic exclusively presents the transfer of a well-established and highly profitable restaurant business in one of the most privileged locations in the southeast of Mallorca. Location and Environment Situated on the seafront in Portocolom, an area with high tourist traffic and a clientele with medium-high purchasing power. Strategic location with a very limited offer of premises in the area. Key Business Points Consolidated Revenue: Historical growing income (2021-2025) with very attractive turnover volume Capacity and License: Space for approximately 105 diners (60 on the outdoor terrace and 45 on the covered indoor terrace). Extended Hours: Opening license from 07:00 to 02:00, allowing coverage of all time slots (breakfast, lunch, and dinner). Status: Business with a consolidated concept, fully equipped with professional machinery and ready to continue operations immediately. Inventory available. Contractual Conditions Monthly Rent: €3,000 (very competitive for the premium location). Contract: Guaranteed 5-year term. Guarantees: €6,000 Special Condition: Annual rent payment in advance. Valuation and Profitability Transfer Price: €250,000. Normalized Profit: Estimated range to be sent. This value reflects a professional balance between the exceptional location and the real return on investment for the buyer. CONFIDENTIALITY: At the express wish of the owner and to avoid interference in daily operations, detailed information, trade name, and visits will be managed exclusively under a confidentiality protocol. For more information and personal interviews, contact us directly.
-
RE/MAX Magic
Presented by
"Felanitx, Islas Baleares 07670"
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.