Different purposes in city Cuxhaven
11833.00 sq.m.

€ 6 850 000

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<p>Network furniture store in Cuxhaven in lower Saxony.</p>
<p>Cuxhaven is a city with a population of 50,000 people, located on the North sea coast. Cuxhaven is the third largest city of Primorsky region and one of the largest resorts in Northern Germany since 1816. It is visited annually by more than 3 million tourists.Also, the city is one of the largest fishing ports in Northern Germany.</p>
<p>At the moment the object is fully leased to two firms:</p>
<li>Furniture store Roller - main tenant - 441.700 EUR / year;</li>
<li>coffee shop - 19.700 EUR / year.</li>
<p>the Total actual income is equal 460.700 EUR / year. In the lease with a furniture store provides the rent raising and indexing. Thus, the average annual return for 10 years with regard to raising the rent will be about 500 EUR 517.</p>
<p>the Main contract (excluding options for renewal) signed until may 2028 as a furniture store and coffee shop.</p>
<p>the Facility is located in 3 minutes ' drive from the town centre and a short walk from the Central station and the A27 motorway is a 10-minute drive away.</p>


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