A building with commercial premises.
Description
The property consists of two retail units with an area of 3,000 m² and 2,800 m².
There is a rooftop parking for 60 cars.
The building was built in 1997.
Absolute annual income is 312,000 €.
The current yield of 7.0%.
Financial performance after increase in rent:
Projected annual income is 328,000 €.
The projected yield of 7.4%.
The tenants are large retail furniture sellers.
The lease agreements are valid from 13.11.2012 and being renewed annually. The property can be purchased with new long term lease agreements wich are valid for 10 and more years.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
Brokerage fee is 5.95%.
The property is located in the Schlaaz district, in a walking distance from the bus stop. An exit to the motorway is situated not far from the building. The distance from the center of Potsdam is 5 km and the center of Berlin is 30 km away.
