A restaurant in a detached building.
Description
Total area of the building is 559 m²
Total area of the plot is 1,870 m²
The property was built in 2002. In 2017, the building was renovated.
The purchase price of the property includes parking for 19 cars.
Financial performance
The current yield of 5.1%.
Tenants
The tenant is an international fast-food restaurant chain.
The lease agreement is valid through 2031 and includes extensio options for 3x5 years.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6%.
The broker's fee of 6%.
Location and nearby infrastructure
The restaurant is located in the north-western part of Berlin. There are an entrance to the motorway, several shopping centers and a railway station situated in proximity from the property.
