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Restaurant in Munich, with a 6% yield

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Restaurant in Munich, with a 6% yield

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Total area: 330 m² Yield: 6.0%
  • Absolute return: 60,000 €
  • Renter: 100%
  • Most recent total renovation: 2009
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 7.1%

It is a small restaurant in Munich.

Description

The object is situated on two floors, the premise on the ground floor occupies 230 m², and the one on the first occupies 100 m². There is a stairway which connects premises.

The restaurant has been renovated in 2009.

Financial performance

Absolute income is 60,000 €.

The current yield of 6%.

Tenants

The object is leased to two tenants, the contracts were extended until 2017.

Location

The property is located at the intersection of two highways.

There are tram and metro station in the minute vicinity of the area.

There is also a ring road which provides excellent transport links.

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Sofiya Bulanova
Sofiya Bulanova
Real Estate Expert Tranio in Munich
+44 20 3608 1267
Free advice on real estate in Munich
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