It is two retail premises on the ground floor of a six-storey building.
The total property area is 415 m².
The main feature of the proposed units is a window case length of 32 meters. The property features tiled floors and suspended ceilings with lighting.
There is one parking space in the underground garage.
Retail units are in good condition, the latest renovation has been carried out in 2011.
Both premises are lease out on a long term.
Absolute income is 63,810 €.
The current yield of 4%.
Tenants are two furniture stores.
The lease agreement with the first one is perpetual, with the second is valid until 2021.
Notary fee of 1,5%.
RE purchase tax of 3,5%.
The broker 's fee of 7,14%.
The property is located in the center of Munich, just a few minutes from the main train station.
Public transport and the metro station are in the immediate vicinity from the area.