Zona Palacio 969 SF of Retail Space Available in Centro, Madrid 28005

The 2 spaces in this building must be leased together, for a total size of 969 SF (Contiguous Area):

Transfer of hospitality premises located in the heart of La Latina neighborhood. Situated on Cava Baja, one of Madrid's most iconic gastronomic and tourist hotspots, the transfer of a fully operational hospitality business is being offered, ready to start activity immediately. This is an excellent opportunity to develop a business with revenue potential from day one in an area that attracts a high flow of residents, national visitors, and international tourists year-round. Cava Baja stands out for its well-established offering of restaurants, leisure spots, and terraces, making it one of the main meeting points in the capital. Its constant influx of visitors and its recognized position within the hospitality sector make this location a prime setting for any restaurant project. The establishment holds a café-bar license, features an exhaust system, and has a capacity for 40 diners. The premises are distributed across two fully equipped floors and include a fully fitted kitchen, storage space, restrooms, a freight elevator, and staff dressing rooms, creating a functional space ready for efficient operations. The transfer includes all furniture and equipment necessary for the business, allowing it to be launched without requiring additional investments or renovations. The net rent is set at €3,500/month, a competitive figure for a location of this caliber. Additionally, the property has a transferable lease contract with a 10-year term and an additional 5-year extension, providing stability and security for long-term business development. This is a standout opportunity to establish a presence in one of Madrid's most active hospitality areas, combining a strategic location, a reasonable investment, and a business fully prepared to continue operations from day one.