Apartment house in city Wilhelmshaven
802.00 sq.m.

€ 590 000

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Offers residential-commercial object on the North sea coast

Urgent forced sale!

property Description:

In the Federal state of lower Saxony, in the heart of the beautiful city of Wilhelmshaven is the proposed housing and commercial property.

In the vicinity of the facility is a school, kindergarten, branches of several major German retail chains and other necessary infrastructure for life.

the Whole city, especially the centre is well covered by the transport network, so within walking distance to public transport, the city's main station, restaurants, fashion boutiques and parks and museums.

the House is a 15-minute walk from the Bay of the North sea that allows to estimate the location of the house is as comfortable for an active holiday or Wellness walks along the promenade.

Massive, spacious four-story facility is located on the own a land plot with total area of over 500 m2, the cost of which is included in the price of the object.

the Object is a residential house with commercial premises


  • residential part house with an area of about 500 m2 is divided into 6 apartments

  • the first floor is divided into two commercial spaces 140m2


On the ground floor there is specially equipped business premises, secured trading, auxiliary, administrative and household premises, which operated as an Italian restaurant and clothing store.

In the courtyard stands a small, 2 terraces.

the house has a spacious basement for storage of owners or tenants.

there is a local heating.

Available services of water supply, Sewerage, electricity and telephone connection.

In the courtyard of the house is 9 Parking spaces for vehicles owner or tenants.

On the roof are placed modern solar panels, which directly convert solar energy into direct electric current, which saves the owner the cost of electricity and heating. Solar panels have many advantages, such as renewability and large potential source of energy, consistency, availability, environmental friendliness, quiet operation, low operating costs, innovative technology and, of course, cost effectiveness.

At the moment, according to the seller the property is fully let on a long term lease.

the New owner can dispose of property at its sole discretion - to live in it, manage the property yourself, rent it or find a responsible Trustee.

based On the average cost of renting in the region,  with proper management and leasing of this property can bring about 85.000 euros of annual income.

Self-management of the restaurant business can increase revenue in 3-4 times.

the Object is currently in the external competitive management and will be sold directly to the lender through court a new investor.

the House is the lender's residual value will be transferred to the new owner absolutely without any debts.

According to specialists of our company, during a court auction price may be further reduced by 10-15%, which further increases the investment attractiveness of the object.

Our company is ready to render all necessary services on negotiations with the court and with the seller-owner, competent legal registration and after sales management of the property.

including on registration of a possible residence permit.

Distance to it. Hannover airport: 210 km (approx. 2 hours by car)

Distance to Hamburg: 215 km (approx. 2 hours by car)

Distance to Bremen: 100 km (approx. 1 hour by car)

location details:

Wilhelmshaven (ger. Wilhelmshaven) — city of district subordination in the North of Germany, in Lower Saxony with a population of 83.5 thousand people.

Founded in 1869 by the king of Prussia Wilhelm I as the base of the Prussian Navy. Was the main base of the German Navy in two world wars.

currently, Wilhelmshaven — the main naval base of Germany on the North sea and the third largest German port (after Hamburg and Bremerhaven), the most important oil Harbor of the country.

Wilhelmshaven is a large port - industrial zone with shipbuilding yards and important energy center.

the town is well-developed chemical, woodworking and textile industries.

in Addition there are many research centers and educational institutions, in particular, the largest Polytechnic Institute.

Wilhelmshaven is a and tourist center. Among the most well-known of interest include the aquarium with over 250 species of marine animals, the naval Museum and the rotating axle King William.

the Undeniable advantage of the city is its developed transport infrastructure and accessibility: motorway A29, as well as railway,  originated  directly from the container terminals in the port.

the international airport of Bremen is about an hour's drive from the city.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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