A COMMERCIAL UNIT IN WILMERSDORF WITH A 8.8% YIELD
This modern commercial unit was built in 1971 and offers 224m2 occupied on a rental contract through to July, 2011. The current tenant could well extend beyond this date as they have been contracted since 2001.
The property comprises of 208m2 shop floor area and a storeroom (16m2) as well as 5 parking spaces. The rental income is over 30,000 euros annually giving a 8.8% yield.
The ground floor, commercial unit is located centrally in Wilmersdorf, Berlin approx. 1km from the famous Ku' Damm. Importantly we are able to offer a 50% mortgage (subject to status) on this commercial unit.
The purchase price excludes commission at 7.14% including tax.
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A. All information is given in good faith and is believed to be correct. However, the developers or their agents shall not be held liable for inaccuracies. All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy himself/herself by inspection or otherwise as to the correctness of each of them.
B. These particulars do not constitute an offer or contract or any part thereof.
C. In the event of any inconsistency between these particulars and the contract of sale, the latter shall prevail.
D. Plans and maps are not to scale and measurements are approximate. Intending purchasers must satisfy themselves as to the accuracy of the details given to them either verbally or as part of these web brochures.