Commercial building on a busy street in Sonneberg
Description
The building with a total leasable area of 2,271 m².
The price includes parking for 50 cars.
The annual gross income is 81,300 €.
The gross yield is 5.5%.
40% of the building is leased.
Tenants: hairdresser, dentist, charity, restaurant, pharmacy, medical offices.
Currently, 1,376 m² of space are vacant and need renovation.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
The building is located on a busy street in Sonneberg. There are both residential and commercial buildings nearby. There are schools, an ATM, a car repair shop, a kindergarten, two hotels in a walking distance from the property. There is a REWE supermarket and a bakery in the building next door. The Sonneberg (Thür) train station and a bus stop are 850 meters away (10 minutes on foot, 5 minutes by car).
Sonneberg is part of the state of Thuringia. It is located 25 km to rhe north of Kronach/ Coburg, 60 km to the northwest of Bayreuth, 70 km to the west of Hof and 50 km to the south of Saalfeld. The population of Sonneberg at the end of 2018 was 24 thousand people (+ 6.6% for
8 years). Unemployment rate at the end of 2019: 3.9%, slightly higher than the German average (the lowest in the European Union, 3.1% in July 2019).
