high yield commercial property in west-germany fully rented

for sale a commerical property with 2 Buildings 1987/ 1966 on 2343 square meter land. Ground lease until 31.11.2063 for around 4.000 € p.a.

net income is 108.240,00 € p.a. by asking price of 1.300.000 €

1. Building from 1987 has 3 separate Heating Systems not older than 10 years. 1 Pizza Restaurant with 59m², 1 Bakery with 72m², 1 Slot-Casino with 165m².

2. Building from 1966 has 1 brothel with all permits from 2018/2019 on 314m² (in contract 268m²), 1 car repair with 210m². the brothel is redeveloped in 2018, 2019.

the contract expirations are:

Pizzeria 30.04.2027

Bakery 31.12.2028

Slot-Casino 30.04.2027

Brothel 31.12.2028

Car-Repair 31.07.2025

no commision, directly from the owner. The additional pruchase costs for the buyer are 6,5 % tax and 1,5 % notary fees. Acquisition of real estate only with notary / lawyer.