Business

Investment opportunity at Mencey Shopping Centre, in Los Cristianos.
Commercial premises of 50 m2 for sale, currently rented and operating as a café specialising in coffee, milkshakes and smoothies.
Located in an established commercial area of Los Cristianos, with pedestrian footfall and tourist activity throughout the year. The property has an active tenant and a current lease agreement, allowing buyers to acquire an asset that already generates rental income.
LAYOUT AND FEATURES:
• 50 m2 of interior space.
• 13 m2 of outdoor terrace, authorised for public pavement occupation.
• Commercial activity currently in operation.
• Established tenant and valid lease agreement.
RENTAL YIELD:
The rental agreement began in November 2025 and provides for the following gradual rent increases:
• First year: €1,500/month.
• Second year: €1,600/month.
• Third year: €1,700/month.
• Fourth year: €1,800/month.
Once the monthly rent reaches €1,800, the annual rental income will amount to €21,600, representing an approximate gross yield of 6.86% based on the asking price.
EXPENSES:
• IBI (property tax): €371 per year.
• Community fees: €23 per month.
• Terrace occupation fee: €944 per year, paid by the tenant under the current lease agreement.
An excellent option for investors seeking a commercial property in an established location in the south of Tenerife, with an operating business, a current rental agreement and potential returns close to 7%.
Asten Realty reference: 10302