This investment property still has a long term lease, the new five-year contract, with two times five option years, namely commenced on May 1, 2022! Current tenants have been renting the property for 16 years and are always on time with their payments and keep their appointments!
The investment object concerns approx. 70 m² of catering and approx. 105 m² of living space. On the first floor is the cafe itself with separate toilet units. Furthermore, there is a simple kitchen, living room and another storage room on the first floor. On the second floor is a landing with two bedrooms and a dated bathroom.
Should the current tenants quit by April 30, 2027, which is currently not the intention, it is also an ideal property to convert to a house, two dwellings or room rental. Permission from the municipality will be needed for this, but this is not expected to be a problem.
Rental income: € 16,021.20 per year
Seller determined notary
Interested or more information? Feel free to contact us!