Train station in Baden-Württemberg

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Train station in Baden-Württemberg

14,000,000 €
2,406 € /m²
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  • Total area
    5,817 m²
  • Yield
    6.5%
  • Rental rate (m²/month)
    14 €
  • Built in 
    1968
Details
Property parameters
  • Leasable area: 5,524 m²
  • Number of parking lots: 60
  • 6-floor building
Financial performance
  • Annual income: 914,878 €
Tenants
  • Fully let
Property status
  • Most recent total renovation: 2012
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0% + VAT

It is a train station with commercial premises in one of the tourist cities of Baden-Württemberg.

Description

The total area of the station is 5,817 m².

Total property area is 5,524 m².

There are two buildings on the station territory, six-story building constructed in 1968 and three-story building constructed in 2010.

The first building has been renovated in 2003 and repaired in 2012, at this moment it accomodates:

  • Restaurants;
  • Shops;
  • Tourist agency;
  • Bar;
  • Newspaper editorial office;
  • Insurance agency;
  • Casino;
  • Student apartments.

The second building hosts:

  • Consumer center;
  • Service agency;
  • Law office.

There is also a parking for 60 spaces.

The buildings are fully leased out.

Financial performance

Absolute income is 914,878 €.

The current yield of 6,5%.

Transaction costs

Notary fee of 1,5%.

RE purchase tax of 5%.

The broker's fee of 5,95%.

Location

The train station is situated next to the road, daily traffic through which exceeds 40,000 vehicles.

There is a bus stop in the immediate vicinity, new tram station is across the street, scheduled for completion in mid-2016.

More properties

If this ad doesn't suit you, have a look at the other shopping centers for sale in Baden-Württemberg.

All ads in the country: shopping centers for sale in Germany.

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