Commercial property for sale • 2600 m² without real estateParkallee 8, , Thuringia

Extraordinary INVESTMENT PROPERTY

In a prime, exclusive location in the large district town of Nordhausen in northern Thuringia, in the heart of Germany, on the busy federal highway B4 in 99734 Nordhausen am Harz, you will find the restaurant “PARKSCHLOSS” – unique in both location and size for this region. Nordhausen, along with its many incorporated communities, forms a catchment area that includes numerous surrounding towns extending to the West Harz into Lower Saxony, with a total population of well over 150,000. The “Parkschloss” restaurant, complete with a spacious beer garden, is known far beyond Nordhausen’s borders and has been in existence since the end of the 19th century.

Even during the GDR era, the “PARKSCHLOSS” was a flagship establishment for gastronomy and celebrations, renowned beyond regional boundaries.

In 2018, after extensive renovations completed in 2017, a regionally acclaimed top-class Asian restaurant with a Mongolian grill and open kitchen was opened here.

The restaurant’s operators—a Chinese entrepreneurial family—run this unique establishment with great success, are very popular with guests, and intend to continue operating it for many years to come, as secured by a long-term lease contract with options. Through additional substantial investments in modern furnishings and decoration, the operators have endowed the property with a special and unique character.

This makes the property, offering a 6% yield, particularly interesting for visionary investors. It presents a high-caliber investment opportunity with a large plot in a unique prime location, in an area with steadily rising real estate prices.

Key Data:

Total property area: approx. 5,862 sqm

Restaurant: approx. 1,400 sqm

Beer garden: approx. 200 sqm

Residential building: approx. 180 sqm

1)

Asian buffet restaurant with various open-plan rooms (several halls, a modern open kitchen with a Mongolian grill, numerous modern buffet stations, a children’s room, separate restroom facilities & disabled toilet (with an access ramp at the restaurant entrance), and a large beer garden terrace with approx. 100 seats).

2)

Integrated residential building in the rear area with separate access, currently occupied by the restaurant’s staff.

An enclosed rear courtyard for deliveries featuring a loading ramp, numerous storage and utility rooms, and 2 cold chambers within the building.

Modern fire alarm system, extensive basement with numerous storage rooms, boiler room with a new, modern gas heating system (2023), and an electrical room equipped with up-to-date installations operated with measuring transformers.

3)

Direct, spacious access from the federal highway B4 to the generous outdoor area with over 70 parking spaces. Additionally, two municipal parking spaces are available in the immediate vicinity of the restaurant—on the same and opposite sides of the street approximately 100 and 200 meters away—with a newly created pedestrian crossing from the middle of the city park across the federal highway directly to the restaurant.

I am happy to make myself available as the owner for any further questions. The sale is made directly by the owner without broker commissions.

Located in an excellent position on the heavily traveled federal highway B4 (approx. 30,000 vehicles daily) in the direction of Magdeburg and the Harz; centrally situated near Nordhausen’s city park and in the immediate vicinity of the football stadium – with top-notch infrastructure including a district hospital, tram stop, shopping facilities, and city park. Nordhausen also offers direct highway access via the A38 (with 3 exits).

Investment property with a 6% yield, offered directly by the owner without broker fees.