Apartment in city Cologne
830.00 sq.m.

€ 1 300 000

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WGH-ZV-9198

a Unique profitable housing and commercial property in Cologne


Urgent forced sale!



property Description:


the Property is situated in a popular and well-kept district of the city of Cologne, on the territory of North Rhine-Westphalia.


we Offer a large object located at land plot 335 m2 approx. which is also on sale and is already included in the stated price.


In close proximity to school, kindergarten, branches of the German commercial networks, banks, public transport and other necessary infrastructure for life.


the proposed property is truly unique, because it has several advantages. Large and populous Cologne filled not only by locals but also by tourists, who condut a heavy flow of customers. The possession simultaneously of commercial and residential real estate to successfully maneuver investment and profit in countless variations.


the property consists of 9 apartments and 2 commercial premises:


the first floor restaurant and bar (approx. 175 m2) radelin on:


the

    the
  • restaurant

  • the
  • kitchen

  • the
  • lobby

  • the
  • women's toilet

  • the
  • men's room

  • the
  • corridor


Large umbrellas and high quality modern tables, which in warm time of the year are set outside of the pedestrian zone significantly increase the number of seats.


Space is ideal for rental as a Banquet hall or for seminars.


the


This property has been passed in rent to a popular restaurant serving modern German cuisine. The bar is also very popular, it regularly held youth events, concerts and discos. Total lease these commercial premises brings the owner more than 25,000 Euro annual income.


the


the first floor office insurance companies (CA. 25 m2) is divided into:


the

    the
  • office space

  • the
  • utility room


the


the Second floor is divided into:


the

    the
  • one bedroom apartment  (approx. 60 m2)

  • the
  • one bedroom apartment  (approx. 62 m2)

  • the
  • one bedroom apartment  (approx. 62 m2)


the Third floor is divided into:


the

    the
  • one bedroom apartment  (approx. 63 m2)

  • the
  • one bedroom apartment  (approx. 63 m2)

  • the
  • one bedroom apartment  (approx. 62 m2)


the Fourth floor is divided into:


the

    the
  • one bedroom apartment  (approx. 51 m2)

  • the
  • one bedroom apartment  (56 m2 approx.)

  • the
  • one bedroom apartment  (approx 57 m2)


the


the


the Basement floor divided into:


the

    the
  • warehouse space for storage of personal belongings of tenants

  • the
  • common areas Bicycle storage

  • the
  • boiler room

  • the
  • warehouses with refrigerating chambers restaurant


Central heating.


the Windows are plastic double-glazed Windows. On the first floor shutters are installed.


the Flooring in the restaurant - special non-slip tiles.


the floorings in the apartments - laminate, wooden floors, tiles. A work area in kitchens tiled.


the bathrooms have all the necessary plumbing, built-in bath or shower.


For the safety and convenience of residents with a modern intercom.


Accessible and connected services of water, Sewerage, electricity and telephone connection.


the


In 2008, underwent extensive repairs during which upgraded bathrooms and interior finishes.


In 2017 modernized facade and rooms on the first floor.


According to the seller the property is fully leased and currently brings the owner about 54.000 euros of annual income.


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



based On the average cost of rent in the region with proper management and full leasing of this property can bring more than 115,000 euros of annual income.


Self-management of the restaurant business, especially in such a large city can increase the annual income of 3-4 times.



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


He is invited by the Bank for the residual value will be transferred to the new owner absolutely without any debts.


According to specialists of our company, during a court auction price can 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.



the Distance to it. airport Cologne/Bonn: 20 km (approx. 10 minutes by car)


Distance from Bonn: 40 km (approx. 20 min by car)


 


Distance to it. düsseldorf airport: 60 km (approx. 30 minutes by car)



location details:


Cologne is the fourth in population and third largest city of Germany and one of the largest economic and cultural centers of the country. The population of Cologne is more than 1 million people.


"Metropolis on the Rhine", often referred to as Cologne,  is one of the oldest cities in Germany, which played a significant role in the history of Europe throughout its existence, starting with the Roman era. Cologne is famous for its main temple— Cologne Cathedral, one of the main Catholic churches in Germany.


the Cologne has several satellite cities that are located directly in the city limits, often borders with them pass right through the streets. The largest of these cities — Dormagen, Leverkusen, Bergisch Gladbach, Troisdorf, Hurth, Bruhl and Pulheim.


Cologne— have long been one of the largest transport centers of Europe.


This is due to its geographical position at the crossroads of trade routes from Germany and Eastern Europe to France and England on one side and also the waterways of the Rhine from the North sea inland. Not accidentally, the Hansa was based in Cologne.


the city is Germany's largest University with an enrolment of 44,000 students. It was founded in 1388


In Cologne has an international airport. Annually receives more than 6 million.


Well-developed shipping, mainly freight transportation between the Netherlands, Germany and France. Passenger shipping is used for recreation and tourism.


the city is well developed modern public transport network, laid more than 50 km of underground ways metro-tram.

Seller information

Seller type Agency
Company Stimul Consulting

Location of the property on the map

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