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Palma, Islas Baleares 07011 1,722 SF of Retail Space Available



Some information has been automatically translated.
Highlights
- Calefacción central.
- HVAC.
- Terrace.
- Electrodomésticos.
- Could you please provide more context or a complete sentence related to commercial real estate in Spanish for translation? "Light" alone doesn't provide enough information.
- Gas Town.
- Theft Alarm.
- Telephone.
- Puerta blindada.
- Furniture.
- Agua.
- Residential.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
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Rental Rate
| Space | Size | Term | Rental Rate | |||
| - | 1,722 SF | Negotiable | $17.84 /SF/YR INCL $1.49 /SF/MO INCL $30,717 /YR INCL $2,560 /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 | 1,722 SF | Property Type | Retail |
| Total Space Available | 1,722 SF |
| Property Type | Retail |
About the Property
CAN VALERO - FULLY RENOVATED SPACE FOR BAR/RESTAURANT - READY TO OPERATE... A real opportunity to start a hospitality business without bearing the cost of renovations... Premises prepared for a bar or restaurant, fully renovated and equipped, with all utilities ready and a 43 kW three-phase electrical capacity, ideal for professional kitchens... The investment made in the renovation amounts to approximately €90,000, allowing access to a fully prepared space without having to deal with renovation time or costs... Terms:... Transfer fee: €12,000. Rent: €2,200/month... It is important to highlight that the €12,000 transfer fee is merely a minimal compensation for the renovation already completed, as the premises are rented fully equipped. In other words, this is not about buying a business but stepping directly into a space ready to operate from day one... The premises include:... Spacious main room with a solid wood and steel bar, featuring a marble countertop. Separate second room, ideal for differentiating clientele (menu/dining). Large kitchen with city gas, exhaust system, and ample storage space. Area designated for employee lockers. Fully equipped bathrooms. Air conditioning. High-quality porcelain flooring... One of the standout features of the premises is its private terrace of approximately 60 m², which does not require a municipal license, allowing you to maximize profitability from the start... Located in an industrial area, the ideal business model focuses on:... Midday menus (high demand). Breakfasts and brunches. Possibility of occasional events such as afternoon gatherings or barbecues... Activity in this type of location is typically concentrated in the morning and midday hours, with the option to close in the afternoons and weekends, optimizing costs and operations... A perfect opportunity for professionals in the sector looking for a functional, profitable business without initial renovation investment... For more information or to schedule a visit, feel free to contact us... *images created with AI*
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"Palma, Islas Baleares 07011"
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