It is a shop on the ground floor of a six-story building in Maxvorstadt.
The total area of the property is 78 m², of which:
- 49 m² — retail premise on the ground floor;
- 29 m² — storage room in the basement.
There is also a tea room and a WC on the ground floor.
The building has underground parking, a place costing 25,000 €.
The shop is fully leased out.
Absolute income is 20,424 €.
The current yield of 4,3%.
The tenant is a copy shop.
The lease agreement is signed for 10 years until 2018, there may be extension options.
Notary fee of 1,5%.
RE purchase tax of 3,5%.
The broker's fee of 3,57%.
Maxvorstadt is a main Munich tourist area with a variety of museums and attractions.
There are numerous shops, cafes, restaurants, cinema, bus and tram stops as well as metro station in the neighborhood.