FREE OF PROVISION - 5% yield - prime location - 3 restaurants, 9 underground parking spaces

In a prime location on Wiesbaden's Kureck with plenty of street visibility, 3 commercial premises and 9 underground parking spaces are being sold in the same commercial building (approx. 15,000/100,000 part-ownership units). Fully let with net rental income totaling Euro 170,000 per year (approx. Euro 152,000 for the premises and Euro 18,000 for the 9 underground parking spaces).

Significant rent reserves included, some of which are >8 years old rental agreements without adjustments. Furthermore, the owner has not cultivated a culture of rent maximization, even for new leases, but has always rented 15-20% below market - according to the motto "live and let live". A new owner with a capitalist mindset is able to leverage significant reserves.

Please no estate agents and only serious interested parties with the proven ability to raise a purchase price of EUR 3.4 million.

Absolutely prestigious and prime location. No vacancies - even when tenants changed, in the past there was a queue of tenant applicants before the existing tenant moved out.