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Palma, Islas Baleares 07005 1,076 SF of Retail Space Available
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SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
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RENTAL RATE
| Space | Size | Term | Rental Rate | |||
| - | 1,076 SF | Negotiable | $15.06 /SF/YR INCL $1.26 /SF/MO INCL $16,215 /YR INCL $1,351 /MO INCL |
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- 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 | 1,076 SF | Property Type | Retail |
| Total Space Available | 1,076 SF |
| Property Type | Retail |
ABOUT THE PROPERTY
Ref. 100BG128 ?? TRANSFER OF CAFETERIA WITH TERRACE - PALMA DE MALLORCA ?? Transfer: €60,000 · Rent: €1,150/month · 100 m² + outdoor terrace ? Stylish business with loyal clientele and a perfect terrace to enjoy all year round. A tapas bar and cafeteria is up for transfer, located on one of the busiest streets in Palma, fully renovated and operational, ready to generate income from day one. The establishment has been active for over a year, with a solid and quality clientele, mainly composed of families and neighborhood residents, who choose it for its cozy atmosphere and personalized service. Additionally, it has a private outdoor terrace, a highly valued space by customers and an additional source of revenue throughout the year. At night, occasional live music events are held, adding a unique touch and atmosphere. ??? Main Features 100 m² built (95 m² usable) + authorized outdoor terrace. Recent comprehensive renovation, with modern design and complete equipment. Equipped professional kitchen, with smoke extraction. 3 restrooms, one adapted for people with reduced mobility. Complete climate control (air conditioning and heating). Alarm and CCTV surveillance system. Independent storage and preparation area. Street-level location, with excellent visibility and constant pedestrian traffic. ?? Why invest in this business? ? Operational and profitable business, with demonstrable revenue. ? Loyal clientele and growing reputation in the neighborhood. ? Outdoor terrace, ideal for increasing capacity and income. ? Strategic location, surrounded by shops, offices, and schools. ? Modern atmosphere, with its own identity and live music events. ? Current professional and sustainable management, easy to continue without interruptions. ?? Location On the commercial axis of Calle Aragón (Palma), an area with constant traffic, surrounded by businesses, offices, residences, and services, ensuring activity throughout the day, seven days a week. (For confidentiality, the exact location number is not published.) ?? Conditions Transfer: €60,000 Monthly rent: €1,150 Interior area: 100 m² Outdoor terrace: with current municipal authorization License: Cafeteria with smoke extraction Business in full operation. ?? An investment with flavor, style, and projection A business ready to keep growing, with impeccable management, an outdoor terrace that multiplies its appeal, and a stable, family-oriented clientele. A unique opportunity for those looking to invest in a turnkey restaurant, with real profitability and long-term projection. ?? Request more information or a confidential visit
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"Palma, Islas Baleares 07005"
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