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Commercial premises in the popular area of Munich

3,990,000 €
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Total area: 954 m² Yield: 8.0% Built in 1980
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Features
  • Percentage of the rented area: 100%
  • Number of parking lots: 6
  • Most recent total renovation: 2013
  • Total rooms: 3

Description

These 3 commercial premises with total area of 954 m² occupy the basement and the ground floor of a house built in 1980.

One of the premises of 278,5 m 2is located on the ground floor and leased to the casino/ gaming machines network (200,5 m²) and the Asian fast food restaurant (28 m²).

The second room of 470,5 m² is situated on the ground floor and on the basement floor and also leased to the gaming machines network.

The third room of 205 m² is located on the basement floor and is currently used as a parking for 6 cars. The room can be rebuilt and used for other purposes.

Premises are leased till 11/30/2020.

Profitability is 8%.

Additional profit may be received after lease of the third room on the basement floor.

Advantages

  • repair of 2013, new facade and roof, balcony, lift
  • new wiring
  • own water meter
  • separate from the whole house heating and ventilation system

Location

The building is located in the popular area of Munich, in a lively place with a good cross of potential customers. In the vicinity there is cultural center, which is visited daily by over 6000 people, a large hotel complex, more than 30 different stores. In walking distance from the house there are famous sights of Munich. The area is also characterized by excellent transport accessibility.

*Тhe commission is 4%.

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Sofiya Bulanova
Sofiya Bulanova
Investment Consultant
+44 20 3608 1267
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