ID: 1749
House

Office building for sale Hamburg suburb, Germany

Commercial property in the suburbs of Hamburg. Profitability 5.95%

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€4,790,000
Commercial property in the suburbs of Hamburg. Profitability 5.95%

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Additional Information DESCRIPTION
We would like to offer you a commercial property located just a few kilometers east of the city of Hamburg, in the city of Glynde.
 
The building consists of industrial, warehouse and office premises. It was originally built in the early 70s on a plot of 4,600 square meters, and then, due to the high demand for additional space, in the mid-80s and early 90s additional premises were added. At the moment, the total area of ​​the premises is 4,700 square meters. The building is constantly maintained in good condition.
 
At the moment there are vacant premises, the delivery of which will increase the profitability of the purchase.
 
Price - 4 790 000 euros
Total area - 4 700 sq. m.
Rental income - 285,000 euros / year (with full rental of premises may increase to 343,000 euros / year)
Profitability - 5.95% (with the full delivery of premises for rent it is possible to increase to 7.1%)
 
Glinde is a city in Germany, in the land of Schleswig-Holstein. Part of the Stormarn area. The population is more than 16 thousand people. The distance to Hamburg (population over 1.8 million people) is 17 km.
 
If you are interested in this and other objects, you can leave a request. Managers of our company will contact you shortly and provide you with the objects that match your request.
 
Do not miss the opportunity to purchase a commercial building in the suburb of Hamburg!
Additional Information PROPERTY DETAILS
  • Object: Commercial property
  • Type of Property: Office building
  • Property Type: Secondary market
  • Location: Hamburg suburb, Germany
  • Land Area: 4600 sq m
  • Total Area: 4700 sq m
  • Sale Price: €4,790,000

Financial Information

Price
€4,790,000
Guaranteed rent
Rent Income per year
€285000
Rent Income per month
€23750
Profitability
5,95%
Payback
16,8 years
Mortgage

Purchase Cost

Agency commission
7,14%
Tax on the purchase
6,5%
Services notary
1%
Inventory
0,5%
Rental services
Services of the management company

Facilities

Parking place
Additional Information OTHER INFO
FEATURES
Commercial property with tenant in Hamburg suburb for sale
Commercial property with tenant in Germany for sale

ATTRIBUTES

Land Area: 4600 sq m
Total Area: 4700 sq m
Parking: yes
Parking Spaces: 70
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one of our advisors will be in touch regarding your enquiry