Commercial property in Berlin, Germany, 400 sq.m

400 sq.m 4.5% per year

Business on sale

On the map
Property ID on Prian.info: 3322447
Property ID on company's website: /catalog/fitnes-studiya-tsentralnom-rayone-berlina-mitte/
Last update: 28.08.2023
Number of views: 2570

Sale price	3 450 000 €
Price per square meter	10 000 €
Floor area	400 sq.m
Construction phase	New building
Date of construction	2021
Number of storeys	6
Floor	1

Address

Germany, Berlin

Business on sale

Profitability
Annual return	4.5 %
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Business expenses
Not included in the price

Description: commercial premises on the 1st floor of a residential building, leased for long-term rent (fitness studio with a shop of related products) in the famous central district of Berlin - Mitte.

Rental area: 400 m2

Yield: 4.5 %

Year of construction: 2020-2021

Lease agreement: Indexed agreement until 2030

Equipment quality: high

Description of the object: the property corresponds to the historical architecture of the city, as well as modern trends.

Location and surroundings: the building is located in the center of the capital in the modern, elegant Mitte district. The Berlin-Mitte district impresses with a combination of contrasts, which is typical for a capital city. International startups and reputable companies are located in the immediate vicinity.

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