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Palma, Islas Baleares 07011 1,421 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 | |||
| - | 1,421 SF | Negotiable | $7.63 /SF/YR INCL $0.64 /SF/MO INCL $10,844 /YR INCL $903.63 /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 | 1,421 SF | Property Type | Retail |
| Total Space Available | 1,421 SF |
| Property Type | Retail |
About the Property
A café and ice cream shop in full operation is for sale, located in the busy area of Fortí. The premises, approximately 130 m², were painted this year and are ready to continue operations immediately. Key Features: The business has an opening license with extended hours allowed from 7:00 AM to 1:00 AM and has an active music license. A strong point is that it has an exhaust system, allowing for a varied hot food menu. The capacity is for 30 seated people (68 total capacity without tables) and it has 2 bathrooms. Layout and Equipment: The premises are on the ground floor and include a basement used as storage. It comes fully equipped with professional machinery, including: Kitchen/Workshop Area: Stainless steel cold room, double industrial fryer, salamander (toaster), bread grill, dishwasher, and industrial sink. Refrigeration: 5 refrigerators and 3 freezers in total. Furniture and Extras: 1 indoor bar and 2 outdoor bars, 9 tables, 28 chairs, 11 new stools, POS system for payments, TV with only 4 months of use, karaoke equipment, and a slot machine. Economic Conditions: An excellent opportunity due to its fixed conditions: it has a long-term lease (10 years) at a very competitive price of €790/month. The business has excellent demonstrable revenue. Transfer Price: €35,000. Contact for more information or to schedule a visit! The offer is subject to errors, price changes, omission, and/or withdrawal from the market without prior notice.
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"Palma, Islas Baleares 07011"
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