| Rooms | 4 |
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| Usable floor area | 25 m² |
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| Purchase price | 299.000 € |
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| Commission | 5,95% |
Calculate using this listing's purchase price. Every assumption is editable and all figures are non-binding estimates.
The initial payment is estimated as loan amount × (interest + repayment) ÷ 12. Individual lending terms, special repayments and further fees are not included. Tax, notary and agent costs may differ in your case. This is not a financing offer or financial advice.
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More financing calculators and assumptionsBusiness owners and investors, take note:
This commercial property in a conveniently located area of Barntrup offers attractive yield potential as well as space for your own business ideas or the realignment of your company. On a plot of approx. 1,300 m², you have a total of approx. 425 m² of usable and/or retail space at your disposal.
The current usage areas are divided as follows:
• Car dealership: approx. 225 m² | vacant
• Car workshop – rear unit: approx. 200 m² | (still let at short notice)
The property is predominantly vacant. According to current planning, it may be completely vacant within approximately six months. This opens up the prospect of commercial owner-occupation or complete reletting, with the option of renovating beforehand.
The halls are largely divided by drywall partition walls and offer flexible adaptation options. Two garage doors were replaced approximately five years ago; a high-voltage connection is available. The right-hand unit is heated by a fully functional gas heating system approximately 35 years old.
The property is in need of at least renovation throughout. The roof contains asbestos. Appropriate work and costs must be planned for.
The advertising board on the property generates additional income of €500.00 plus 19% VAT quarterly, corresponding to €2,000.00 net per year.
Using a conservative example calculation with a net cold rent of €7.50/m², full occupancy would result in monthly cold rent of €3,187.50, or €38,250.00 annually. Together with the advertising board, this results in potential annual net income of €40,250.00. Relative to the purchase price, this corresponds to a gross yield of 13.46% or a gross factor of 7.43. Depending on the renovation, fit-out and usage concept, higher rents may be achievable. Renovation and refurbishment costs as well as ongoing costs are not included.
Further information and pictures are available on request.
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