Engel & VölkersEngel & Völkers
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Exterior view of a yellow building with an open storefront. Cobblestone street in front. Balcony with black railing above.

Commercial space on Rua do Grilo, in the parish of Beato

€365,000
  • 2 Rooms
  • 1 Bathroom
  • ~125 m² Total surface
  • ~125 m² Living area

Description

In a rapidly expanding area, a 2-minute walk from the iconic Convent of Beato and its recently built gated community, and a 4-minute drive from the National Tile Museum, this welcoming commercial space is currently a French artisanal bakery with in-house production.

This vaulted-ceiling space, made up of 2 interconnected shops totaling 125 sqm of gross private area, is set in a well-preserved late-1930s building, with a painted façade and east-facing orientation.

This space is currently leased until 2030.

It is an attractive long-term investment for retail or services, with a guaranteed gross yield of 5.9%.

Please note that the advertised price includes only the premises; no equipment is included and everything will be removed once the tenants leave.

Come and see it—we look forward to welcoming you!

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Engel & Völkers Lisboa MMC

Your advisor: Belina Simão

Property ID: W-02YK57

Property details
  • Object type

    Flat

  • Rooms

    2

  • Bathrooms

    1

  • Total surface

    ~125 m²

  • Living area

    ~125 m²

Energy efficiency information
  • Construction year

    1937

  • Energy efficiency class

    C

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

Location: Beato, Lisbon

Initially called São Bartolomeu do Beato, Beato is one of Lisbon’s oldest areas, having belonged to the now-extinct municipality of Olivais, known for its estates and manor houses, between 1864 and 1878.

With a privileged riverside location, it is an extremely family-friendly and peaceful neighborhood. The magnificent Convent of Beato—one of the most important in the city’s heritage—survived the great 1755 earthquake and is now a tourist attraction and a source of pride for residents of this parish in eastern Lisbon, where we can also find the Palace of the Dukes of Lafões and the Convent of Santa Maria de Jesus.

Benefiting from wide streets, public transport, and local commerce, Beato attracts those who wish to live there. In recent years, projects have been implemented to improve the local population’s quality of life and promote the neighborhood’s development, ensuring renewed urban planning and modernity.

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