Description
Residential building with commercial space in the center of Wuppertal
Year of building 1960
The plot is 917 sq.m.
Living area 880 sq.m.
The commercial area is 2.081 sq.m.
Tenants in the first building:
Bar, MC'Donalds branch (rents 1 and 2 floors), kiosk, bar, hairdresser, games room (game room).
2 and 3 floors of the former cinema premise leases the city of Wuppertal for dance theater rehearsals.
The basement premise occupied a bowling alley, for today it is not leased (196 sq.m.).
Tenants in the second building: From 1 to 5 floors are located 10 apartments (3-4 rooms) all have an area of 86-90 sq.m. One apartment of 90 sq.m. on the 1 st floor is not leased.
In the mid-1990s, the house was modernized (for example, all glass packs and display windows on the first floor were replaced, the facade of the house was renovated, roof repairs were carried out, all glass packets were replaced in apartments, etc.). The apartment house has an elevator. MC'Donalds also has a freight elevator. Heating is gas central. MC'Donalds and the games room have long-term lease agreements.
Current income 270.905,36 - € (excluding utility bills)
Income possible 276.200,36 - € (excluding utility bills)
Price 3.300.000, - €
Profitability of 8.2%
Brokerage commission 5.95% (inclusive of VAT)