| Plot area | 500 m² |
|---|---|
| Usable floor area | 95 m² |
| Purchase price | 125.000 € |
|---|---|
| Commission | 0 |
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More financing calculators and assumptionsProperty no.: 1072433
For sale is an interesting commercial investment property in a highly visible location within an established residential area of Remscheid. The property is particularly suitable for investors seeking a manageable investment with ongoing rental income and additional development potential. The property is a detached building constructed in 1955 with a usable area of approx. 95 m². Due to its location in the middle of the residential area, the site benefits from good accessibility for customers and residents as well as high visibility in the immediate surroundings.
The unit is currently rented to a hairdressing business and therefore generates ongoing rental income. The large shop window frontage provides an attractive presentation area and enhances the visibility of the business from the street. A particular advantage is the step-free access via an existing ramp in the outdoor area, making the retail unit easily accessible also for customers with limited mobility. There is also parking directly next to the hair salon, providing practical added value for customers and visitors.
In addition to the retail unit, five garages on the same plot are being sold. Four garages are currently rented, while another garage can be rented at short notice, thereby offering additional potential to increase ongoing income. The combination of a commercial unit and garages creates a broader tenant structure and increases the stability of the overall returns.
The current annual net cold rent totals approx. €11,414. The plot covers a total area of approx. 500 m². The property is presented in predominantly well-maintained condition, although various modernisation and maintenance measures should be planned for the coming years. Particularly for investors focused on value appreciation and sustainable optimisation, the property offers the opportunity to further improve both its condition and long-term earning power through targeted investments.
Overall, this is a compact commercial property with a rented retail unit, additional garage stock and a solid starting position in an established residential area of Remscheid.
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