| Usable floor area | 103 m² |
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| Purchase price | 450.000 € |
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| Commission | no commission for buyers |
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More financing calculators and assumptionsFor sale is an exceptional commercial property in one of Heidelberg’s most sought-after locations. The leased retail unit is located in a listed building dating from 1885 and offers a usable area of approx. 103 m².
Between May and October 2024, the entire commercial space underwent extensive renovation with an investment volume of around €120,000. The aim of the renovation was to restore the original character of the listed Art Nouveau building. Historical elements were elaborately restored and preserved. A special highlight is the original preserved tiled stove in the sales area, which gives the property a distinctive character.
The spacious sales area impresses with its bright atmosphere and large shop windows. The space is complemented by a break room and an approx. 20 m² cellar, which provides additional storage space.
The property has been leased long-term since 01/11/2024. The existing lease initially runs until 10/31/2027 and then automatically extends by one further year at a time, provided no notice of termination is given. The current tenant wishes to continue operating at the location long term.
The current net cold rent amounts to €1,650 per month, corresponding to €19,800 in rental income per year. Based on the purchase price of €450,000, this results in a gross initial yield of approx. 4.4% p.a. The property therefore offers secured rental income from the outset and an attractive capital investment.
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