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1 Bedroom 1 Bathroom Business for Sale in Berlin

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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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€360,000  |  £301,068  |  US$474,804
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 490571 
Town Berlin 
Province Berlin 
Country Germany  
Type Business
Bathrooms
Bedrooms
Build Size 224 
Category Re-Sale  
Listed over 1 year ago
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Price: €360,000
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Purchase this Business in Berlin for

€725p/m

(60% LTV, 5% Interest Rate, 25 years)

(Subject to status. Information given for guidance purposes only.)

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