Restaurant, Berlin, Germany

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Restaurant, Berlin, Germany

1,200,000 €
6,250 € /m²
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  • Total area
    192 m²
  • Yield
    4.8%
  • Built in 
    1908
Details
Property parameters
  • 1 floor
Financial performance
  • Annual income: 57,600 €
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 6.0%
  • Broker: 6.0% + VAT

Commercial premise on the ground floor of the residential house.

Description

Total area of the property is 192 m²

Restaurant comprised of dining room, WC, staff room and kitchen. The basement level with area of 122 m² includes storage and freezing room.

The frontage of the restaurant was refurbished in keeping with the character of historic architecture of the building.

At this moment unit is vacant.

Financial performance

Predicted absolute annual income is 57,600 €.

The predicted yield of 4.8%.

Transaction costs

Notary fee of 1.5%.

RE purchase tax of 6%.

The broker's fee of 6%.

Location

Property situated in the center of West Berlin, on the restaurant's street, which is very popular among locals and tourists. The Kurfürstendamm Boulevard located within walking distance. There are a lot of shops, restaurants and hotels in close vicinity of the property. The transport system is higlhly developed in this area, public transport stops and Metro stations situated within few minutes of walking.

More properties

If this ad doesn't suit you, have a look at the other restaurants for sale in Berlin.

All ads in the country: restaurants for sale in Germany.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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