€ 315,000
Business for sale in Los Cristianos, Arona, Tenerife
- 50 m2
Description
Investment opportunity in Mencey Shopping Centre, Los Cristianos
An attractive opportunity to acquire an income-generating commercial property in one of the established shopping areas of Los Cristianos, in the south of Tenerife.
This 50 m² commercial premises is currently operating as a specialised café, offering coffee, milkshakes and smoothies. The property is sold with an established tenant and an active rental agreement, providing the new owner with an existing source of rental income from completion.
The premises also benefits from a 13 m² outdoor terrace, authorised for public pavement occupation, adding valuable outdoor seating space to the commercial operation. Its street-facing position within Mencey Shopping Centre provides visibility and access to the surrounding commercial activity.
The property represents an interesting investment for buyers seeking an established commercial asset in a well-known tourist destination, without the need to start a business or find a new tenant.
Layout and features:
• 50 m² of interior commercial space.
• 13 m² outdoor terrace with authorised public-space occupation.
• Street-facing premises within Mencey Shopping Centre.
• Currently operating as a café specialising in coffee, milkshakes and smoothies.
• Separate kitchen area.
• Established tenant with an active rental agreement.
Rental income and return:
The current rental agreement commenced in November 2025 and includes a progressive rent increase:
• First year: €1,500/month.
• Second year: €1,600/month.
• Third year: €1,700/month.
• Fourth year: €1,800/month.
Once the rent reaches €1,800 per month, the property will generate €21,600 in annual rental income, representing an approximate gross yield of 6.86% based on the asking price of €315,000.
Property expenses:
• Annual property tax (IBI): €371.
• Community fees: €23/month.
• Outdoor terrace occupation fee: €944/year, currently payable by the tenant under the existing rental agreement.
A compelling opportunity for investors looking to acquire a tenanted commercial property in the south of Tenerife, combining an established business location, existing rental income and the prospect of a gross return approaching 7%.
Features
- Business
- Build Size: 50 m2
- Energy Certificate (Consumption): F