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Type of Operation: Rental
Building type: Local
Address: Princesa 56
Location: Madrid
Current Available Surface Area: 1,725 m2
Floor available: Ground floor
Annual Income: To be defined
Contract term: 10 or 15 years.
Required performance: 50% of the contract term.
Rent review: According to annual CPI
Assignment/Sublease: No.
Pre-emption and withdrawal: Waiver.
Notice: 6 months in advance
Community expenses, TRU and IBI: To be paid by the tenant.
Deposit: 2 monthly payments.
Guarantee: Bank guarantee of 6 monthly installments.
Opportunity to lease commercial premises located in C. de la Princesa no56 within the so-called “Princesa Triangle”, in the neighborhood of Argüelles, an emblematic hotel complex consisting of 3 independent buildings adjacent to the El Corte Inglés Princesa shopping center.
Its location offers a wide range of public transportation with bus lines available at the door of the premises and nearby subway stations such as: “Argüelles” (L3, L4, L6), “Ventura Rodríguez” (L3), “Moncloa” (L3, L6) and “San Bernardo” (L2, L4). In addition, by private transport it has quick access to the M-30 and A-5 highways.
This is an excellent rental opportunity because thanks to its location, we can find a wide variety of stores such as restaurants, banks, stores, boutiques, etc., in addition to the area being in the heart of Madrid is very touristy with a high pedestrian and vehicular traffic.
Current tenant: “Bricor (El Corte Ingles)”.
The commercial premises belong to a group of 2 premises that are currently being marketed, the other one being located at Serrano Jover 3 (Holiday Gym).
The commercial premises currently have a total area of 1,725 m2 and are distributed as follows:
| Plant | Surface area (m2) | Total surface (m2) | Access |
| Plant Street | 427 |
1.725 |
Princess |
| S1 | 1.298 |
The property expects to receive offers from operators, and thus sign a new lease with terms to be defined.
– Annual Rent: To be defined.
– Duration: 10 or 15 years.
– Required performance: 50% of the total contract term.
– Rent review: According to annual CPI.
– Assignment/Sublease: No.
– Pre-emption and withdrawal: Waiver.
– Notice: 6 months in advance.
– Community expenses: To be paid by the tenant.
– IBI: To be paid by the lessee.
– TRU: At the lessee’s expense.
– Deposit: 2 monthly payments.
– Guarantee: Bank guarantee of 6 monthly installments.
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