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Retail business for sale in Berlin, Germany

Retail business for sale in Berlin, Germany - photo 1
Price€1,800,000
TypeRetail business
Year built2000
Land area2700 m²
Rental (per year)€144,000
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Environment

Description

2-storey grocery store with additional the bakery cafe. Year built: 2000. The last upgrade was made in 2013, we signed new leases. Additional area on 2nd floor currently leased. The number of Parking places: 41 x Parking outside. Rental income in the city (valid): of 144,000 € The object is subject to Commission: 7,14 % incl. VAT Renter No. 1: - Lease until 30.09.2013 option for 12 years - Rent: 8.400 € / month. - Rental area: 685 m2 - Trade area: 560 m2 - Parking: 38 seats Tenant no. 2: - Lease agreement to 7.10.2023; option for 15 years - Rent: 2.800 € / month. - Rental area: 164 m2 Location: near the station s-Bahn S Schulzendorf (line S25), with a direct link to the town centre.

Extra Сosts when Buying Property

Property Transfer Tax 3,5-6%
Notary Fees 0,7-3%
Legal Costs 0,3-1%

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Ongoing Ownership Costs

Annual property tax for a small flat €70-150 p.a.
Gaz €3-4/m³
Electricity, on average €0,29 KW/h
Water €0,30-0,50/m³
Radio and Cable TV €17/month
Internet ADSL €9,95/month
Fixed Telephone €15-40/month
Management company fees €30-50/month

Additional Services Costs

Agent Fee 3-6%+VAT

Return on Investment

Property Price
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