Fully let commercial property complex in Lauenburg – approximately 9.1% gross initial yield – commission-free.

Fully let commercial complex in Lauenburg – approximately 9.1% gross initial yield – commission-free.
Purchase price: €1,349,000
Annual net cold rent: €122,160
Gross initial yield: approximately 9.06%
Price-to-rent ratio: approximately 11.04
Commercial space: approximately 2,150 m²
Land: approximately 4,300 m²
Occupancy rate: 100%
For sale is a fully let commercial complex in Lauenburg/Elbe, comprising three commercial units and a total commercial space of approximately 2,150 m². The property is situated on a generous plot of approximately 4,300 m² and offers attractive conditions for long-term investors. The current annual net cold rent is €122,160, plus operating costs and statutory VAT. Based on the purchase price of €1,349,000, the calculated gross initial yield is approximately 9.1%, with a price-to-rent ratio of around 11.0. The rental spaces are divided into a fitness studio of approximately 1,385 m², a unit for stainless steel processing of approximately 590 m², and a storage/office unit of approximately 167 m². This creates an interesting mix of different commercial uses. The property was last modernized in 2025. In particular, the spacious fitness area is in excellent condition, featuring modern training facilities, a reception, a lounge, and various functional areas. The generous outdoor spaces offer additional parking and usage possibilities. The property is being sold without commission. For investors, this property offers an attractive combination of full occupancy, ongoing rental income, an initial gross yield of approximately 9.1%, and a price-to-rent ratio of around 11.

The commercial property is located at Büchener Weg 119, 21481 Lauenburg/Elbe, and benefits from a well-connected commercial location with access to regional and national transportation networks.

Excellent connections to Hamburg and surrounding business areas are available via the federal highways B5 and B209. The A24 motorway, providing a connection between Hamburg and Berlin, is also easily accessible. This location is therefore attractive to both employees and customers, as well as for commercial deliveries and business traffic.

Lauenburg/Elbe is located in the Herzogtum Lauenburg district of Schleswig-Holstein and is within the sphere of influence of the Hamburg metropolitan region. Its proximity to Lower Saxony and Mecklenburg-Vorpommern further expands the economic catchment area.

The property itself features generous paved outdoor areas with parking spaces and provides good access to the various commercial units.

The combination of a convenient location, a large plot of land, and diverse commercial usage possibilities highlights the attractiveness of this location for long-term investors.