Commercial Unit Rennweg | 5.82% Yield

Investment property in a stylish Viennese historic building | Barber Shop leased long-term

For sale is a leased commercial premises with approx. 44,48 m² in an attractive location in Vienna's popular 3rd district – in a comprehensively renovated historic building with representative character.

The well-kept rental building impresses with a nice entrance, elevator, converted attic and numerous classic historic details such as stucco elements, ornate railings, historic tiles in the common areas and high, inviting rooms.

The premises are currently used as a Barbershop and are leased long-term.

Key data

• Usable area: approx. 44,48 m²
• Current use: Barbershop
• Fixed-term lease from 01.09.2012 to 31.08.2032
• Monthly rent: EUR 1.092,70
• Purchase price: EUR 225.000,-
• Yield: approx. 5,82 %

The lease can be forwarded upon closer interest.

Location:

The premises are located in an excellent location in Vienna's popular 3rd district – directly on the frequented Rennweg/Fasangasse axis. The surroundings are among Vienna's sought-after residential areas and offer an ideal combination of high foot traffic, good visibility and a lively environment.

In the immediate vicinity are the Rennweg station (S-Bahn, tram, City Airport Train), the Sacré Coeur and the HTL/HAK/HAS Ungargasse. Numerous residential buildings, offices, gastronomy and local supply businesses ensure ongoing frequency.

Public transport

Rapid rail / station

• Wien Rennweg (S1, S2, S3, S4, S80, REX, City Airport Train) – approx. 3–5 minutes on foot away

Tram

• Line O – Station “Fasangasse” directly around the corner
• Line 18 – Station “Fasangasse” approx. 2 minutes on foot
• Line 71 – Station “Rennweg” approx. 4 minutes on foot

Bus

• 77A – Station “Rennweg” approx. 4 minutes on foot
• 74A – reachable in the surrounding area

U-Bahn

• Via the tram lines O and 18 quick connection to:
  • U1 Hauptbahnhof
  • U3/U4 Wien Mitte

Costs / Additional charges:

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

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

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

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

If you are seriously interested, we will of course gladly provide further documents, including for example:

• Land register excerpt
• Condominium ownership agreement
• Use-value appraisal
• Minutes of owners' meetings (if available) and so on

Our all-round service for you:

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

If you want to sell your property?

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

Brokerage agreement:

We ask for your understanding that for inquiries about the property address, or a viewing appointment, due to new legal provisions we can only send documents after you confirm in advance that you want us to act immediately and that you have been informed about your withdrawal rights. After your written inquiry with full name, address and phone number you will receive an email where 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 were provided by the owner of the property. Also, information from third parties (e.g., official information) has been obtained, and for these we cannot assume any liability for their accuracy.

We would like to point out that there is a familial or economic close relationship between the broker and the third party to be brokered.

The broker acts as a dual agent.

Infrastructure / Distances

Health

• Doctor <500m
• Pharmacy <500m
• Clinic <1.000m
• Hospital <500m

Children & Schools

• School <500m
• Kindergarten <500m
• University <500m
• Upper secondary school <500m

Nearby amenities

• Supermarket <500m
• Bakery <500m
• Shopping center <1.000m

Other

• ATM <500m
• Bank <500m
• Post office <500m
• Police <1.000m

Transport

• Bus <500m
• Subway <1.000m
• Tram <500m
• Train station <500m
• Highway access <2.000m

Distance as the crow flies / Source: OpenStreetMap