Commercial real estate in Germany. Warehouse office in Wolfsburg.
Object code is 9691
Type - Commercial
Price - 59,000 €
Price per sq.m. - 106 €
Year of construction - 1972
Usable area - 558 m2
Commercial / residential units - 1
Object status - Free
The annual income is € 20,088
Yield - 34.05 %
Registration services * - € 4,212.6
Court costs * - 703 €
Property purchase tax * - 3540 €
State duty (entry in the register) * - 200 €
Cost including additional costs * - 67,655.6 €
* Data on the cost of services are not final and may change in one direction or another depending on the regional tariffs of the municipality and the notary.
Commercial space in the city of automotive industry is offered.
Urgent forced sale!
The property is located in Wolfsburg, the heart of Volkswagen.
Thanks to the concern, the city is included in the list of cities with the highest standard of living.
Real estate with a total area of approx. 560 m is located on the ground and ground floors.
- ground floor approx. 260m2: office, kitchen, hallway, storage rooms, women's and men's toilets, corridor, etc.
- ground floor approx. 300m²: warehouses.
Wolfsburg has a good transport interchange in various directions to other major cities thanks to the B188, B248 or A39 motorways.
According to the seller, the facility was originally used as a restaurant, but has recently been leased to a logistics company (office, warehouse)
The object is currently empty.
Water, sewerage, electricity, telephone and internet services are available.
Near the house there are enough parking spaces for the car of the owner or tenants.
The new owner can dispose of the property at his own discretion - to live in it, manage the property himself, rent it out or find a responsible manager.
Based on the average rental cost in the region, with proper management and rental, this property can bring the new owner more than 20,000 euros in annual income.
Currently, the object is under external competitive management and will be sold directly by the bank through the court to a new investor.
It is offered by the bank at the residual value and will be transferred to the new owner absolutely without any debts.
According to the forecasts of our company's specialists, during the court bidding the price may be further reduced by 10-15%, which further increases the investment attractiveness of this object.
Our company is ready to provide all the necessary services for negotiations with the court and with the seller-owner, competent legal registration and after-sales management of the object.
Including on registration of the possible residence permit.
Distance to int. Hanover Airport: 90 km (approx. 1 hour by car)
Distance to int. Berlin-Brandenburg airport: 230 km (approx. 2 hours by car)
Wolfsburg is a county town in Lower Saxony, Germany.
Wolfsburg is located south of the old Aller riverbed on the Middle German Channel.
The city stretches south to the high plains of the East Braunschweig lowland, to the north to Forsfelder Werder, to the west to the marsh of Barnbruch, and to the east to the Dremling National Park.
The city is the headquarters of the Volkswagen Group.
Wolfsburg, together with the cities of Braunschweig and Salzgitter, forms one of the nine high-level centers of Lower Saxony.
In addition, the city is part of the Hanover-Braunschweig-Göttingen-Wolfsburg metropolitan area.
Wolfsburg is the sixth most populous country in Lower Saxony after Hanover, Braunschweig, Osnabrück, Oldenburg and Göttingen.
The nearest major cities are Braunschweig, 26 kilometers to the south-west, Magdeburg, 64 kilometers to the south-east and Hanover, 74 kilometers to the west.
The population exceeded 180,000 in 2012, making Wolfsburg one of the largest and most prosperous cities in Germany.