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2 990 000 €

Shop in Coburg, Germany, 1 800 m²
  • Shop in Coburg, Germany, 1 800 m² - picture 1
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  • Shop in Coburg, Germany, 1 800 m² - picture 1
  • Property ID on Prianproperty.com: 3952743
    Last update: 08.10.2024
    Number of views: 236

2 990 000 €

Shop in Coburg, Germany, 1 800 m²

1800 sq.m
Business on sale

  • On the map
  • Property ID on Prianproperty.com: 3952743
    Last update: 08.10.2024
    Number of views: 236

Specifications

Sale price 2 990 000 €
Price per square meter 1 661.11 €
Floor area 1 800 m²
Construction phase New building
Address Germany, Coburg
Business on sale

Finance

Profitability
Annual income 172 800 €

Annual rental revenue, excluding operating expenses

Business expenses
Not included in the price
Commission fee 4.76 %

Description

§ The cost of the object: 2.990.000 Euros
§

Rent: 172,800 Euros
§ Year of construction: The facility consists of two buildings. The first part: 1990 (1.100 m2) with complete modernization. The second part: a new facility (700 m2).
§ Plot size: 4,660 m2
§ Lease term: 15 years + option

At the end of the lease term, the commercial facility has the potential to change its purpose to a residential complex. This was confirmed by a preliminary decision of the city's construction committee.

WM SE is Europe's leading retailer of automotive parts and accessories, tools, workshop equipment and workshop concepts. The group's sales in 2022 amounted to more than 2 billion euros, it has more than 250,000 cataloged products in about 230 locations in 6 countries and has more than 100 years of experience and passion for everything related to cars.
Location:
The city of Coburg, with a population of about 42,000 inhabitants, is the second Bavarian city after Munich in terms of tax contributions to the treasury.
Coburg is located in the northern part of Bavaria, and is located about 100 kilometers north of Nuremberg and about 270 kilometers north of Munich.


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