Description
Office building with retail space in the heart of Essen.
The proposed facility is located in the heart of Essen in the pedestrian zone. Anchor tenants (Wedding dress shop, work clothing store and language school).
Year of construction 1954/1990
Land area 423 sq. M.
Rentable area 2.521 sq. M. of them
Retail space 987 sq.m.
Bureau / offices and medical cabinets 1.445 sq. M.
Warehouse 89 sq.m.
Current annual income 188.000 €
Possible annual income 201.123 €
Price 3.000.000, - €
Brokerage commission 5.95% incl. VAT
Profitability current 6.3%
Profitability possible 6.7%