Commercial Sale
USD $1,116,957
Commercial Sale
Kaufering, Germany
EUR €985,000
USD $1,116,957
This commercial property is located on the popular Fuggerplatz in Kaufering. It is the marked first floor part of the building. A total of 585 sqm of commercial space is divided between 4 parties. The exterior walls of the building are made of prefabricated concrete elements with thermal insulation. The ceilings are made of reinforced concrete. The interior walls are largely made of concrete, partly of drywall which is helpful for the interior design. The windows have insulating glazing. The shop windows have a clearly visible position for the front stores. In the entrance area, there is a busy hairdressing salon on the left-hand side. On the right-hand side is a small office, which is part of the largest unit. The tattoo studio, with the largest unit - approx. 450 sqm, has terminated its lease until 01.03.2024. (The hairdresser is a subtenant of the tattoo studio, but would like to remain there and also expand). In the western part of the building is a car valet with approx. 50 sqm and an established Thai restaurant which uses the rented 85 sqm as storage space. Interesting for investors: the current annual net cold rent is approx. 56,000€ in relation to the purchase price incl. ancillary costs & 5% surcharge, the current yield is just under 5%. Our 360 degree tour is available for a virtual tour. If you are interested, we look forward to hearing from you.
Highlights:
- Prefabricated concrete exterior walls with thermal insulation
- Reinforced concrete ceilings for durability
- Insulating glazing on windows
Highlights:
- Prefabricated concrete exterior walls with thermal insulation
- Reinforced concrete ceilings for durability
- Insulating glazing on windows
- Shop windows designed for front stores
- Interior walls featuring concrete and drywall
- Variety of commercial spaces suitable for different businesses
- Established tenants with rental income
- Potential for expansion and additional income
- Virtual 360-degree tour available
- Strategic location on popular Fuggerplatz
