PARKSCHLOSS Nordhausen: Investment property, 7% yield. Lease extended for a further 10 years.

Exceptional INVESTMENT PROPERTY with a 7% return! Located in a prime, secluded area of the large town of Nordhausen, in northern Thuringia, in the heart of Germany, on the busy federal highway B4 in 99734 Nordhausen, Harz region. Here you will find the "Parkschloss" restaurant, unique in its location and size for this region. Nordhausen, with its many incorporated villages, has a catchment area that extends to the western Harz region in Lower Saxony, encompassing a population of over 150,000. The "Parkschloss" restaurant, with its large beer garden, is well-known far beyond the borders of Nordhausen and has been operating since the end of the 19th century. Even during the time of the GDR, the "Parkschloss" was a well-known landmark and a showcase establishment for gastronomy and celebrations. In 2018, after a long and extensive renovation completed in 2017, a renowned Asian restaurant of the highest caliber opened here, featuring a Mongolian grill and an open kitchen. The restaurant is owned and operated by a Chinese family of entrepreneurs, and they have achieved great success with this unique establishment. It is very popular with customers, and they intend to continue operating it for many years to come, as evidenced by a long-term lease agreement with renewal options. Through further significant investments in modern equipment and décor, the owners have given the property a special and unique character. The lease agreement has been renewed by the owner/tenant for a further 10 years. This makes the property an attractive investment for forward-thinking investors, offering a 6% return. It provides a high-quality investment opportunity with a large plot of land in an exceptional location, especially considering the consistently rising property prices. Key details:
Total land area: approximately 5,862 square meters
Restaurant: approximately 1,400 square meters
Beer garden: approximately 200 square meters
Residential building: approximately 280 square meters
1)
Asian buffet restaurant with various open-plan spaces (various halls, a modern open kitchen with a Mongolian grill, numerous modern buffet stations, a children's room, separate restroom facilities, and a disabled restroom). (Access ramp to the restaurant entrance), large beer garden terrace with approximately 100 seats.
2)
Integrated residential building in the rear area with a separate entrance, currently occupied by the restaurant staff.
Rear, enclosed courtyard area for deliveries, with a loading ramp, numerous storage and utility rooms, and 2 cold storage rooms within the building.
Modern fire alarm system, extensive basement with numerous storage rooms, a boiler room with a new, modern gas heating system (2023), and an electrical room with up-to-date electrical installations and metering equipment.
3)
Direct, large access road directly from the federal highway B4 to the spacious outdoor area with over 70 parking spaces. Two additional municipal parking areas are located nearby, on the same and opposite sides of the street, approximately 100 and 200 meters away. Furthermore, a newly created pedestrian crossing connects the center of the city park directly to the restaurant, crossing the federal highway. I, as the owner, am available to answer any further questions you may have. The sale is directly from the owner, without any real estate agent fees. An energy performance certificate will be prepared and will be available at the notary appointment.

Located in a prime spot on the heavily trafficked federal highway B4 (approximately 30,000 vehicles per day) towards Magdeburg and the Harz region, within the city limits of Nordhausen, near the city park and in the immediate vicinity of the football stadium.

- Excellent infrastructure: district hospital, tram stop, shopping facilities, city park.
- Nordhausen has direct access to the A38 motorway (with 3 exits).