German Property > Steglitz (Berlin) (Germany) > Restored pub/café (Art Nouveau style) in Berlin-Steglitz


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HOME »» Germany »» Berlin »» Steglitz (Berlin) (Germany) »» restaurant

German property > restaurant in Berlin

N8940126

Restored pub/café (Art Nouveau style) in Berlin-Steglitz

This pub was built in an Art Nouveau style in 1911. It is located in Berlin Steglitz and is in a good structural condition. For approximately 35 years it has been used as a restaurant. The neighborhood is a residential area with small shops. There is very good traffic accessibility including a bus stop right in front of the house and 2 suburban train stations within 100 m. There is free street parking. No equivelant restaurants exist in the surroundings. The precursor, the former Berlin Corner Pub, was opened until the summer, 2005. The owners have reopened after 13 months of construction that ended in April, 2007. Now it shines with a new brilliancy and is fully renewed structurally. It has a solid construction style and produces an extremely neat, clean impression. The interior ambiance is attractive and inviting at the same time; here a guest will really feel at home. A new high-grade steel kitchen exists. The location, design and standards of the pub are aimed at the middle-class residents.
German property in Steglitz (Berlin) (Germany) – N8940126 German property in Steglitz (Berlin) (Germany) – N8940126 German property in Steglitz (Berlin) (Germany) – N8940126
          

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Region: Steglitz (Berlin) (Germany)
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Location Directly in: Berlin Steglitz, location: town border, flat property, view: nice view
Distances Neighbors: bus stop just outside the front door, 2 suburban train stations can be reached by foot, shopping: 3-5 minutes by foot to all stores, large city: approx. 3 kms (one of the most popular shopping areas in Berlin). Only a few kms away are excursion areas of Grunewald, Zehlendorf, Lichterfelde as well as in the attractive forests and the lakes like Grunewaldsee, Krumme Lanke, Schlachtensee and Wannsee/Havel. Also the Kurfüstendamm and the Brandenburg Gate are approx. 7-8 kms away.
Property The front of the pub is visible and pleasing. It is on an animated thoroughfare with middle-class houses and villas; the front is on the street side and leads into a residential area. Fitting the region, the street front of the pub is enclosed with beautiful hedges, creating an idyllic seating space.
Ground floor 35 spaces on 84.5 m2 / guest room, kitchen, ladies' and men's WC. Garden: 20 spaces on approx. 50 m2, extendable to 24 spaces possibly.
Basement 35 m2 directly under the guest room with throw-in trapdoor for beer storage, etc.
Condition The object was renovated in 2006/07 completely and was altered. There are new electric installations, heating installations and sanitation installations, new PVC windows (insulated panes, sound protection-class 3 and k value 1.1, insterior brass shoots), new massive wood front door and new internal doors, new floor tiles in all rooms, new kitchen with all necessary appliances, complete new WC arrangement, new furniture (tables, benches, chairs), pantry with freezer, ice box, new bar arrangement (beer tap, barrel cold storage and cooling arrangement), flat screen TV and music arrangement, new wall and floor tiles as well as windows and electric installations in the cellar, telephone / internet connections exist, new outside seats and tables, parasol with 3.50 m diameter, roof marquees on all windows and on the front door. Outdoor lighting for advertisements.
Ownership structures The pub is a real estate object that is listed in the land registry. There is no brewery contract.
Price / profitability The price was determined by including the property, the pub and furnishings. The intangible worth including the popularity of the pub, location, potential, etc. was not included in the original price and will make the actual worth increase. Rentability: For the last four months the pub has been opened under a new manager and with a new concept. The profitability has therefore not yet been determined. The yield should be 300-500 Euros per day, totaling about 120.000 Euros per year. Inventory: Not all inventory is included in the price. Some personal items and smaller items are not a part of the offer.
Conclusion This is an object with many possibilities. It is great as an investment.
rooms: k.A. living space app. 85m² land surface/app. m²: k.A.
Price:   258.000,00 €   ~207.669,00 £   ~381.093,00 $  
Price plus additional 3.57% agency fee (incl. VAT) for the buyer.
All details displayed without guarantee!
 
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