Commercial Unit Investment U3

Leased commercial premises in prime location – Investment near U3 Schlachthausgasse

For sale is a well-positioned and long-term leased commercial premises in Vienna's 3rd district. The property is located on the heavily frequented Schlachthausgasse and benefits from excellent visibility as well as very good infrastructure.

Location & Infrastructure:

Located in close proximity to the U3 station Schlachthausgasse, the site impresses with high pedestrian traffic as well as strong traffic flows from bus lines and private transport. The surroundings are urban and lively, with a wide mix of residential and commercial units and an excellent supply of daily needs – ideal conditions for sustainable leasing.

The building is a well-kept old building that has been recently renovated and features a newly designed facade.

Retail space – “Eatmosphere”

The retail space lies directly on Schlachthausgasse and is currently leased to the restaurant “Eatmosphere.” The operation offers a diverse range of dishes, including burgers, falafel and wraps – both vegan and non-vegan – and thus appeals to a broad target group.

Area & Layout:

• ca. 63,66 m²
• Two rooms
• Two toilets
• Storage
• Wardrobe / Anteroom

Rent details:

• Net rent: EUR 565,87 per month
• Indefinitely rented since 2020

Purchase price: EUR 230.000,-

Yield: ca. 2,95 %

Highlights at a glance:

• Well-visible location on a busy street
• Close to U3 – excellent connectivity
• Indefinite tenancy since 2020
• Solid, established gastronomy operation
• Well-kept and recently renovated old building
• Stable income with long-term prospects

Conclusion:

An interesting investment for investors looking for a stable leased commercial property in an urban Vienna location. The combination of a good location and an indefinite tenancy provides a solid basis for long-term returns.

Location:

The location of the storefront is ideal, as it is in close proximity to the subway, enabling fast and straightforward access to the public transport network. Buses, trams and the station are also reachable within a few minutes. The property is also well connected for drivers, as the highway access is nearby.

Public transport

• Bus lines: 77A, 80A, N71
• U-Bahn line: U3 Schlachthausgasse and Kardinal-Nagl-Platz
• Tram lines: 18 and 71

Costs:

Land register entry: 1,1% of the purchase price

Real estate transfer tax: 3,5% of the purchase price

Broker commission: 3% of the purchase price + 20% VAT

Purchase contract fee: 1,2% of the purchase price plus out-of-pocket expenses and VAT. The drafting and execution of the purchase contract is carried out by the law firm Tiefenthaler Gnesda Rechtsanwälte GmbH.

With serious interest, we are happy to provide further documents, including, for example:

• Extract from the land register
• Condominium contract
• Use-value appraisal
• Minutes of homeowners’ meetings (if available) etc.

Our all-round service for you:

If you decide on this property, we will competently accompany you through the entire purchase process – starting with the purchase offer, coordinating individual wishes and signing the contract up to the handover of the property. We also assist with organizational steps such as re-registering electricity, gas or district heating. Of course we will provide you with all necessary forms and documents.

In addition, we are happy to assist you with financing your desired property and work with our experienced financing partners to develop optimal solutions at attractive terms.

Would you like to sell your property?

Then you are in good hands with us! We offer you a non-binding and free initial consultation including a thorough valuation of your property as well as a transparent presentation of all relevant factors.

Brokerage agreement:

We ask for your understanding that with inquiries regarding the property address, or viewing appointment, due to new legal provisions we can only send documents after you confirm in advance that you want us to take immediate action and that you have been informed of your withdrawal rights. You will receive an email after your written inquiry with your full name, address and telephone number in which you must confirm these points.

Disclaimer:

We point out that all data in the present offer as well as the information provided by our office to you were provided by the property owner. Also, information from third parties (e.g., official information) has been obtained, for which we cannot assume any liability for their accuracy.

We point out that there exists a familial or economic close relationship between the broker and the third party to be mediated.

The broker acts as a dual agent.

Infrastructure / Distances

• Health
  • Doctor <500m
  • Pharmacy <500m
  • Clinic <500m
  • Hospital <1.000m
• Kinder & Schools
  • School <500m
  • Kindergarten <500m
  • University <1.000m
  • Higher secondary school <1.000m
• Local amenities
  • Supermarket <500m
  • Bakery <500m
  • Shopping center <1.000m
• Other
  • ATM <500m
  • Bank <500m
  • Post office <500m
  • Police <500m
• Transport
  • Bus <500m
  • U-Bahn <500m
  • Tram <500m
  • Train station <500m
  • Highway access <500m

Distances as the crow flies / Source: OpenStreetMap