Shop/Premises commercial  in São Vicente
€890,000

Shop/Premises commercial in São Vicente

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Description

Opportunities to secure commercial yield directly on the vibrant Largo da Graça are exceptionally rare. This property offers an investor immediate, completely hands-off cash flow from day one. Backed by a secure 5-year renewal contract generating €5,200 monthl (That has just started), this asset guarantees a gross yield of over 7% from the current restaurant operations alone, with massive embedded upside. Because the established tenant remains in place long-term, this is a pure armchair investment requiring zero operational oversight from the incoming landlord. Property Layout & Spatial Breakdown Main Dining Salon (70 sqm): A stylish, modern interior dining room featuring high-end architectural wall treatments, custom lighting, acoustic panel ceilings, and a fully optimized seating floor plan. The Esplanada (30 sqm): Highly valuable, licensed outdoor seating directly on the bustling Largo da Graça square maximizing visibility and customer capacity for the tenant. Future Upside (90 sqm Logradouro): The property holds full legal title rights to a massive 90 sqm courtyard at the rear. Investor Note: This space is currently occupied by a neighbor, and a legal suit is actively underway to vacate the premises. Once resolved, this represents a significant opportunity to reclaim a massive footprint in central Lisbon for future value creation or spatial optimization. Low-CapEx Asset Quality: The property has been completely updated with durable, design-forward finishes, including immaculately tiled customer restrooms. All specialized kitchen infrastructure and restaurant equipment are fully owned, managed, and maintained by the tenant, ensuring minimal capital expenditure risk for the landlord. Why Graça? Graça is one of Lisbon's most resilient commercial sectors. Driven by a constant stream of foot traffic to the nearby historic viewpoints and a dense, upscale local community, retail and restaurant spaces on the main square command premium rental rates and enjoy virtually zero vacancy risk. Strategic Value: You are buying a highly defensive, cash-flowing asset yielding 7%+ on day one, with the added benefit of a pending legal resolution that will unlock an extra 90 sqm of prime footprint in the heart of the city. NDA & Financial Verification: Detailed lease agreements, tenant payment history, and legal documentation regarding the logradouro are available to qualified buyers upon request.

Ref: 163786

Characteristics

  • Built in 1889

Others informations

Price details

Property price
€890,000
Price per m²
€12,714 / m²

Energy performance

Energy performance diagnosis

  • C

São Vicente, São Vicente

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