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Prime commercial space located in the heart of Sankt Peter Ording Bad.

Im Bad 18, 25826 Sankt Peter Ording (Bad Sankt Peter) – Schleswig-Holstein
1.279.000 €
Private offer
Retail
Store

The property is currently leased to a very reliable tenant. The annual gross cold rent is €66,000 and is index-linked. The building, known as "Luv and Lee," was constructed in 1968 as a residential and commercial property in an exceptionally desirable A1 location, directly adjacent to the Dune Thermal Baths and the beach access, in the heart of SPO. The street is rightfully considered the shopping center of Ording. The solid building is in good condition, having been continuously modernized and maintained. A new heating system is currently being planned (see minutes of the owners' meeting). The retail space is on the ground floor and features a large shop front approximately 15 meters wide, making it the largest shop front in a corner location. The space in front of the shop is used as additional retail space. The interior is versatile. In addition to the retail area, there is a kitchenette with a staff room and a toilet. The business has a DSL connection (fiber optic planned). Furthermore, a private parking space is included, located very close to the property. The current lease agreement expires at the end of 2031. The tenant is a very creditworthy chain store. An extension by the owner is possible. The monthly rent generates an excellent return on investment, making the property very attractive to investors.

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Object Number
OM-450307
Object Class
Retail
Object Type
Store
Handover from
By arrangement

Purchase price & additional costs

purchase price
1.279.000 €
Purchase additional costs
approx. 98,340 €
Total costs
approx. 1,377,339 €

Details

Condition
Rehabilitated
Total area
74 m²
Sales area
74 m²
Shop window front
15 m
Heating
Central heating
Year of construction
1968

Location

St. Peter-Ording is a municipality in the district of North Frisia, in Schleswig-Holstein. It is unique among German seaside resorts for having its own sulfur spring, and is therefore known as the "North Sea Health and Sulfur Spa." Based on the number of overnight stays, St. Peter-Ording is the leading seaside resort on the mainland in Schleswig-Holstein. The municipality of St. Peter-Ording has four districts: Böhl, Bad, Dorf (South), and Ording. A characteristic feature of St. Peter-Ording is its extensive beach, which stretches for up to twelve kilometers. As is typical for coastal regions, St. Peter-Ording enjoys a maritime climate with mild winters and cool summers. St. Peter-Ording is comprised of several formerly separate districts. The name of the village, St. Peter, first appears in a documented mention from 1373. The name of the church, St. Peter, was later used as the name of the village. It is documented that the Frisians and Vikings already settled in this area. In 1872, the first paying overnight guests were recorded in Ording. The year 1877 is considered the founding date of the present-day seaside resort. The first of the characteristic wooden structures on the beach was built in 1911 and was called "Giftbude" (literally "poison hut"), because it "gave something" (presumably referring to supplies or refreshments). Transportation links were gradually improved. In 1932, the town was connected to the railway line to Husum. A better road connection was made possible in 1973 with the construction of the Eider dam. St. Peter-Ording has been a filming location for several movies and television productions. The resort boasts a modern leisure and adventure pool with a large sauna area – the Dünen-Therme. It is operated using North Sea water, spread over an area of over 1000 square meters. There are approximately 1400 beach huts available at the five bathing areas. The "Westküstenpark" zoo displays a variety of native and exotic animals, including a seal enclosure. St. Peter-Ording, together with Sylt, is considered the best German area for windsurfing and kitesurfing. The beach is also used for beach sailing and kitebuggying. The municipality has the following schools: a primary school, a grammar school with a combined school section. Some of the students at the grammar school live in a boarding school near the North Sea. St. Peter-Ording is directly connected to the German highway network via the federal highway B202. Access to the A23 motorway is available at the Heide-West junction. St. Peter-Ording is the terminus of the Husum–Bad St. Peter-Ording railway line. Trains operate in both directions, approximately every hour, from early morning until midnight. There are two railway stations: Bad St. Peter Süd and Bad St. Peter-Ording. The municipality has a bus network that connects all districts and can be used free of charge with a guest card. St. Peter-Ording is part of the North Sea Coast Cycle Route. Furthermore, the town has a small airfield.

Location Check

Nature
150m
Eating Out
50m
Child Friendliness
350m
Sports
150m
Health
150m
Shopping
50m
Culture
200m
Public Transport
50m
Nightlife
50m

Energy

Energy certificate type
Consumption certificate
Main energy source
Gas
Electricity consumption value
198.60 kWh/(m²a)
Heating energy consumption value
218.50 kWh/(m²a)

Miscellaneous

Broker inquiries not welcome! According to § 7 UWG, unsolicited contact by brokers without the express consent of the recipient is prohibited!

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