Commercial property for sale • 911 m² without real estateHamburg Wellingsbüttel Hamburg 22391

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The property on offer is a nearly new, high-quality commercial property located in Hamburg-Wellingsbüttel. The building spans five levels (two full floors, two attic floors, and a basement) and includes a leased boutique hotel as well as a leased restaurant area with a bar.

The property was completed in 2022 and features approximately 910 m² of total commercial space, including about 273 m² of restaurant area, as well as roughly 179 m² of balcony and terrace space. The plot covers about 357 m².

The property is fully leased and currently generates a net lease income of €222,000 per annum.

For capital investors, the combination of ongoing rental income, modern building structure, and significant intrinsic value is particularly attractive. In addition, the property was outfitted with very high-quality features, with the initial cost of this equipment amounting to approximately €1.5 million.

The property is ideally suited for investors seeking a modern commercial investment asset in a prime Hamburg location with high-quality features, a stable leasing situation, and long-term value potential.

The property is located in the central area of Hamburg-Wellingsbüttel, an established and affluent district in the popular Alstertal.

A particular advantage of the location is its immediate proximity to the Wellingsbüttel S-Bahn station. Hamburg’s city center is directly connected by the S-Bahn; the Hamburg Airport is also reachable within a few minutes’ drive.

The immediate surroundings are characterized by well-maintained residential buildings, retail outlets, service providers, cafés, medical practices, banks, as well as the nearby weekly market.

Thus, the location provides a solid foundation for long-term rental income, sustainable commercial leaseability, and attractive positioning within the upscale Hamburg urban environment.

The property was constructed in 2022 using solid construction methods and is equipped with high-quality technical and design features. The facilities are designed for modern commercial operations and include, among other things:

• a high-quality restaurant kitchen

• a basement with a bar area

• design equipment from Bielefeld Werkstätten

• a passenger elevator

• a modern combined heat and power plant (CHP)

• a decentralized ventilation system with heat recovery

• modern building technology

• high-quality interior finishes

• a fully utilizable basement

Overall, the property impresses with its high-quality construction and equipment, modern technical infrastructure, and well-conceived layout.

Koop & Berkenhoff GmbH, Shanghaiallee 19, 20457 Hamburg, Germany

Hamburg Local Court: HRB 168349. VAT ID: DE343200330

Managing Director: Thorben Koop