Retail with potential in a prime location

This retail space with potential is located in a residential and commercial building in a prime business location in Munich's pedestrian zone. It is currently divided into two areas: In the front building there is a currently rented retail space with storage rooms, in the rear building there is a currently owner-occupied retail space with additional storage rooms. The areas are located within a part-ownership unit. Below are the key data on the structure of the property for sale: Areas in the front building of approx. 127 m²: -of which around 65 m² storage space in the basement and 6th floor -as well as around 62 m² of retail and ancillary space on the first floor -The front building is currently let with a short remaining term (lease term until 28.02.2027) Space in the rear building of approx. 284 m²: -of which around 201 m² storage space in the basement and 1st floor -of which around 83 m² sales and ancillary space on the first floor The rear building is currently owner-occupied Further key data on the development potential of the property: -The areas in the rear building cannot currently be accessed via the pedestrian zone Due to the access situation of the property, it will only be possible to operate the front and rear buildings in the future if they are combined into one unit. -In this way, the potential of the strong location in the high street can also be leveraged for the space in the rear building. This property offers an excellent location and visibility. Take the opportunity to become part of an absolute prime location in Munich. Investment Quick Check: Factor ACTUAL: approx. 40.8 Actual return (gross): approx. 2.5% Factor TARGET: approx. 24.7 Return TARGET (gross): approx. 4.0% 66529/RmP