Restaurant / Cafe in city Berlin
196.00 sq.m.

€ 630 000

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The payback parameters

Projected annual income is 22 461,00 €

The projected gross return of 3.3 to 3.9 per cent per annum.

Financing is available at interest rate of 1.5-3.0 %

Description

The facility is an old building from the period of Wilhelm around 1900. The building is in good condition.

rent:

The net rent per year: € 25,461,60.-

Duration: until July 2022 + option law for 3 years (subject to rent review)

The lease with the chess agreement was signed with the lessee of the commercial unit in which the rent increases by 3% per year.

Features

Potential increases in profitability 2,0 - 3,00 %

Long-term contracts



Location

The restaurant is located in the trendy district of Kreuzberg, near the Landwehrkanal.

The arrangement is characterized by numerous restaurants, bars and cafes.



Associated costs

Notary fee of 1.5–2.0 %.

Tax on acquisition of real estate at 6.0 %.

Representative Commission is 2.5 %* (1.0% to the signing of the contract of purchase and sale a 1.5% after)



The costs of owning

Cost of services the management company is 23,00 €.

Operating costs comprise of 2.32 €/m2 / month.


In case you are interested in this and the other proposed to review us objects You can leave us a request. Employees of the company CM REAL ESTATE will contact You shortly and provide to Your attention the objects that match Your request.

For privacy reasons, and in accordance with the terms of the owner object photos will not be posted. All additional information on objects off market on request.After signing with us the preliminary agreement, you can get more information on this project, including documentation and real photos of the object.

The Object number in the database (ID): 46

Seller information

Seller type Agency
Company CM-REAL ESTATE

Location of the property on the map

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