Commercial in Cottbus

1630.00 sq.m., 3 bedrooms

€ 1,600,000

Description

For sale is a shopping center with an anchor tenant near Kotbus, Germany.

The facility is located in the center of Veltsov in close proximity to the main highway, which ensures good visibility of the facility and its accessibility.

 In 2013 major repairs were made, the floors in the self-service area and at the entrance were renewed.
Due to the reorganization of the building, the Bistro is now also included in the facility.
In the heating system, the boiler and burner were updated.
In addition, the facade and roof were completely renovated.

The anchor tenant is a large trading network NORMA, as well as 4 more tenants.


Specifications:

* Year of construction 1994
* Object area 1 630 m2
* Plot 5 106 m2
* Parking 66
* Lease agreement until 05/31/2024
* Monthly income € 10,695
* Rental income per year € 128,340
* Profitability: 8,02%
* Price 1,600,000 €

Obtaining financing is possible at 1.9% per annum.
Duration: 10-20 years.
It requires 50% equity.


If you are interested in this and other objects, please contact us for information that interests you.

Property Details

Floor: 1
Number of premises: 1
Currently functioning: 1
Type of parking: Open
Ownership type: Proprietary
Payback period: 9
Year of construction: 1994

Location Cottbus

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