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  • 3
  • Berlin
Price £137,294
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Property Description

This ground floor commercial unit has four rooms, cellar and two bathrooms and currently operates as a gym. The unit has been tenanted since 2006 and the lease continues until March, 2014. The annual rental income exceeds 6800 euros delivering a yield of 3.9% and will be increased in March, 2014 delivering a yield of 4.3%.

This commercial property is located in the popular area of Friedrichshain which is currently enjoying a significant level of demand. The property is close to the major thoroughfare of Frankfurter Allee and only 1km from the popular Boxhagener Strasse with its buzzy nightlife. The nearest underground station (Samariterstrasse) is approx 600 metres.

An interesting opportunity.......


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