Selling Price | 190.000 € |
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Courtage | 0 |
This is a unique building from 1860 with a glass roof section for daylight flooding of the stairwell with a wide staircase.
A town villa with two apartments, a separate room (originally the parlor) and a rented commercial unit with a bakery and oven. This is currently used as a bakery outlet.
The top floor apartment (114 m2) and the bakery (127 m2) are rented, the middle apartment (129 m2) is vacant.
Warm rental income: currently € 1,320 from the two rented units, approx. € 1,800 cold if fully let.
With a possible market value of € 350,000, this would be a 5-6% yield from letting, pending further refurbishment / modernization / gutting / replanning of the units.
A penthouse with a roof garden and a view towards the old town is also conceivable.
The city is interested in preserving the representative historic old building in the entrance area of the city in the so-called "Unterstadt": both from the train station via Schillerstraße and from the city entrance via Goethestraße, the building invites you to get an idea of the history and nature of the city: Bourgeois and manufacturers' houses, a prestigious villa nearby in Goethestrasse.
The gateway to the town, which in turn can be called the gateway to Lake Constance.
The apartments each have 4-5 rooms, some of which are through rooms and can also be accessed separately via the staircase: A catering business is considering whether the building could become accommodation for seasonal staff.
There are two storage buildings on the property (approx. 33 m2 + approx. 28 m2), which could be used as a warehouse or workshop. Alternatively, garages or workshops could be built.
There are four to six outdoor parking spaces on the fenced-in site.
This makes it interesting for craft businesses or service providers such as a mobile care service, among others.
Many things are conceivable. There are no building encumbrances. There is no listed building protection.
For example, there is also a luxury option: it is possible to convert the attic apartment according to all the rules of the art.
Conclusion: There are many ways to combine working and living in your own townhouse.
The garden, now with a seating area and above-ground pool, can offer additional recreational value.
The first floor (the bakery) can also be used for other purposes in the near future after a sale.
About the award procedure:
An immediate purchase is possible for € 350,000.
If there are several prospective buyers, an offer procedure can be carried out.
The starting price is increased in steps of €5,000 each by the bidding prospective buyers
The appropriate and fair market price should be determined carefully and not under pressure.
The highest bidder is not obliged to buy, so that a second or third bidder can also be considered.
The seller also remains free in his decision to award the contract.