Games room in Baden-Württemberg, Germany

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Games room in Baden-Württemberg, Germany

1,800,000 €
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Total area: 700 m² Yield: 7.8% Built in 2009
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Features
  • Operating Incomе: 140,400 €
  • Land area: 3,000 m²
  • Occupancy: 100%
  • Number of parking lots: 30
  • End of lease: 2021
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 5.0%

Games room in a separate building. 

Description 

The building was built in 2009.

There is a parking for 30 cars in the territory of the property.

Financial performance

Absolute annual income is 140,400 €.

The current yield of 7.8%.

Tenants

The lease agreement is valid until 2021.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 5%.

The brokerage fee is 5% + 19% VAT (in total 5.95%). 

Location and nearby objects

The property is located next to a small town (more than 10 thousand inhabitants), located in the Rhine Valley in the federal state of Baden-Württemberg. This region is famous for its forests.

The town has an excellent infrastructure. Its proximity to such powerful economic centers as Karlsruhe, Freiburg, Basel, and Alsace, provides the population with jobs.

There is one of the lowest unemployment rates in the country in this region of Germany.

Microposition: 

  • motorway A5 (Karlsruhe-Basel) — 3 km away
  • federal highway B3 (Offenburg-Freiburg) — 1 km away
  • international airports (Basel, Strasbourg, Söllingen) — 35–60-minute driving.
  • Frankfurt, Stuttgart, and Zurich — 2-hour driving.

There are a shop and an autobahn in a walking distance from the building.

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If this property wasn’t for you, take a look at other retail property for sale in Germany.

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Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Baden-Wurttemberg
+44 20 3608 1267
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