House for sale • 889 m² without real estateKölner Str. 25-27, , North Rhine-Westphalia

For sale on a negotiation basis is a high-yield, renovation-needing property in a central location in Kierspe.

The ground floor is leased long-term to the town’s only gaming hall – a unique selling point with a stable cash flow.

With approximately 20,000 residents, Kierspe is a well-developed area with high demand, yet without direct competition for the existing commercial tenant.

The property is situated centrally on Kölner Straße, one of Kierspe’s main arteries.

The location offers excellent visibility and good traffic from both residents and passersby.

All everyday amenities as well as bus connections are in close proximity.

The initial yield of 10% corresponds to the purchase price INCLUDING ancillary purchase costs!

The creditworthy tenant of the shop has been in the market for over 20 years and operates more than 25 branches.

The commercial lease still has a non-terminable fixed term of 9 years, plus two options for renewal of 5 years each. This option can be exercised by the tenant one year prior to the expiration of the fixed term.

All apartments are rented at favorable rates, thus ensuring consistent sustainability without vacancies.

Two to three residential units are rented by the City of Kierspe.

Key features:

• The only gaming hall in town – no competition

• Centrally located in a highly visible, busy street

• Stable rental income through an established commercial operation

• Attractive potential through renovation of the upper floors

• Ideal for forward-thinking investors – immediate yield plus long-term value appreciation

Conclusion:

A rare opportunity for investors who are focused on a high initial yield and long-term prospects.

The unique position of the commercial tenant combined with the potential for value appreciation through renovation makes this property a particularly interesting investment.

Do not hesitate before this lucrative investment option is sold commission-free to someone else!