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Business: Property in Germany - REF: 490571

This page provides details about this business for sale in Berlin.

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€360,000  |  £302,760  |  $453,672
(Approximate currency conversions supplied by HiFX - Currency Specialists)
Town Berlin  Distance from Beach
Region Berlin Distance from Shops
Property Type Business Swimming Pool  
Bathrooms Garden  
Bedrooms Garage/Parking  
Build Size   Plot  
View Projected Capital Growth Graph

Business Description

A COMMERCIAL UNIT IN WILMERSDORF WITH A 8.8% YIELD

This modern commercial unit was built in 1971 and offers 224m2 occupied on a rental contract through to July, 2011. The current tenant could well extend beyond this date as they have been contracted since 2001.

The property comprises of 208m2 shop floor area and a storeroom (16m2) as well as 5 parking spaces. The rental income is over 30,000 euros annually giving a 8.8% yield.

The ground floor, commercial unit is located centrally in Wilmersdorf, Berlin approx. 1km from the famous Ku?Damm. Importantly we are able to offer a 50% mortgage (subject to status) on this commercial unit.

The purchase price excludes commission at 7.14% including tax.

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